Latest property news
Letting agents in focus as Renters' Rights Bill advances
The Bill entered the House of Lords Committee Stage on 22 April 2025, marking a pivotal phase in its journey through Parliament. Propertymark welcomes the detailed scrutiny at this stage as peers examine the Bill line by line. Debate in the Lords has focused on striking the right balance between strengthening tenants’ rights and maintaining a functional rental market, with some peers voicing our members’ concern that the current measures could have unintended consequences.
Regulations widen the pool of expert ivory assessors
Three new museums are set to join the list of bodies that can advise the Animal and Plant Health Agency on applications for exemption certificates under the Ivory Act 2018. If an owner wants to sell ivory-containing items which were made before 1918 and are of outstandingly high artistic, cultural, or historic value, they must be expertly assessed by recognised institutions.
Non-domestic property risks missing 2030 energy targets by a decade
Recent research from Search Acumen indicates that the commercial property sector is on track to miss the UK Government's 2030 Minimum Energy Efficiency Standards (MEES) target, with full compliance projected only by 2040. Around half of all energy consumed in commercial and industrial buildings in England and Wales is in the rented sector, placing the onus on landlords to make energy efficiency and heating improvements.