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Propertymark chiefs say there should be a ‘radical’ new Housing Bill in Queen’s Speech

Propertymark chiefs say there should be a ‘radical’ new Housing Bill in Queen’s Speech

Original Source: Property Eye 

Original Author: Rosalind Renshaw 


Propertymark bosses have called for a new Housing Bill to be introduced in the Queen’s Speech.

Mark Hayward, chief executive of the NAEA, and David Cox, chief executive of ARLA, said: “We would like to congratulate Alok Sharma on his appointment to minister of state for housing and planning.

“We worked closely with the former administration to secure a number of key improvements to the industry including support for greater property transparency and more appropriate regulation through the introduction of Client Money Protection for letting agents.

“However, more can be done and the minister will have a lot in his in-tray as long-standing issues continue to impact the sector.

“We call on the minister to build upon the underwhelming recommendations contained within the Housing White Paper and take forward a series of fundamental reforms to change the industry for the better.

“Demand continues to greatly outstrip supply and more appropriate regulation of the sector is vital if we are to improve the experience of people looking to rent and purchase a home.

“The Government has a good opportunity at the Queen’s Speech to introduce a new and radical Housing Bill to address these significant concerns.

“The challenges are not insurmountable and we greatly look forward to working with the DCLG team to find solutions to these challenges in the months ahead.”

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