All the updated news related to propertymark

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Personal Finance

Housing stock shortages putting upward pressure on prices, says Propertymark

Shortages of homes for sale and to rent are adding to the cost-of-living squeeze by putting an upward pressure on housing costs, according to a body representing estate and letting agents. Landlords seeing increases to their monthly mortgage ...

28 Jul 2022 at 11:04

Personal Finance

Number of properties available to rent has plunged, survey suggests

Letting agents across the UK have seen the number of available rentals halve, according to new research. Industry body Propertymark surveyed more than 440 letting businesses across 4,000 branches and found that on average agents said ...

06 Jun 2022 at 08:09

Personal Finance

Renters staying put for longer and more landlords selling up, figures show

Renters are remaining in properties for nearly two years on average, according to an industry body. Figures from Propertymark, which represents lettings and estate agents, said renters are staying put for 23 months on average. It ...

29 Apr 2022 at 14:25

Personal Finance

‘Worrying mismatch’ as 13 new prospective tenants register per available home

A “worrying mismatch” between demand and supply added pressure to the rental sector in June, with an average of 13 new prospective tenants registering per available property, according to an industry body. In June this year, ...

18 Jul 2023 at 11:32

Scotland

Capping rent increases at 3% could lead to lack of affordable homes, MSPs told

Capping rent increases at 3% will shatter landlord confidence further and lead to a lack of affordable homes, a Holyrood committee has heard. The Scottish Parliament’s Local Government, Housing and Planning Committee heard ...

22 Feb 2023 at 09:51

Personal Finance

10 new prospective renters for each available property in February – report

Around 10 new prospective rental sector tenants were registered for each available property in February, according to a property professionals’ body. Although the average number of new applicants registered per agency ...

03 Apr 2024 at 14:18

Personal Finance

Nine new tenants ‘registered for each available rental home in March’

Around nine new tenants were registered for each available rental home in March as demand continues to outpace supply, according to a property professionals’ body. Propertymark said the average number of new ...

02 May 2024 at 11:32

Business

Propertymark Presidency role for Derry estate agent

A Derry estate agent has been appointed president of the industry's leading regulatory body. Propertymark, the UK’s leading regulatory body for estate and letting agents has announced Stephen McCarron, from ...

16 Jul 2022 at 16:33

Landlords call for Budget tax breaks to boost supply and control rents

Private sector landlords have called on Rachel Reeves to give them new tax breaks to help keep rents down and boost the supply of homes. In a letter to the Chancellor ahead of the Budget, representative ...

17 Oct 2024 at 06:59

MPs to debate upfront payments as Renters’ Rights Bill back before Parliament

Rental reforms should mean hopeful tenants no longer have to “magic up eye-watering sums up front”, campaigners said but landlords have claimed proposals “risk making access to rented housing harder”. ...

14 Jan 2025 at 02:45

Rental reforms ‘to deliver on promise to transform lives of millions of tenants’

New legislation will modernise how the country’s “insecure and unjust private rented sector” is regulated, the Government has pledged as rental reforms are again debated in Parliament. MPs are to ...

14 Jan 2025 at 11:54

Personal Finance

Later life mortgage lending jumped in the fourth quarter of 2024

Some 35,840 new home loans were handed out to older borrowers in the fourth quarter of last year, marking a 28.2% annual increase, according to UK Finance. Its later life mortgage lending report,...

27 Feb 2025 at 12:32

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