As the Labour Party conference kicks off today in Liverpool, Propertymark has issued a call for the party to take a leadership role in property agent regulation.
Propertymark’s appeal focuses on several key aspects that it believes should be part of any regulatory framework.
These include the introduction of agent qualifications, a statutory code of practice, and mandatory membership of a professional body.
Additionally, the organisation argues for realistic energy efficiency targets backed by financial incentives for landlords and homeowners.
Nathan Emerson, CEO at Propertymark, said: “Labour has an opportunity to lead on agent regulation and drive-up standards for consumers.
“The current Government at Westminster has said that all property managers in the social rented sector should be qualified, so we urge Labour to join our calls and extend these requirements to letting agents, estate agents, and managing agents.”
During the conference, which runs until 11th October, Propertymark plans to meet with senior politicians and make their case for more comprehensive regulation.
Their call also includes recommendations for improving the home buying and selling process, securing more investment in the court system, and retaining fixed-term tenancies.
