How Propertymark Trust supports property professionals in the UK
InventoryBase
by Inventory Base
6d ago
The Propertymark Trust is the charitable arm of Propertymark, an organisation dedicated to supporting professionals in the property industry. It was initially established to extend a helping hand to its members and their families, so the trust plays quite an important role in building a support network within the property sector. At its heart, the Propertymark Trust wants to ensure that no member of Propertymark faces hardship on their own. This could be a range of challenges – a struggle with illness, financial difficulties, or the pursuit of professional development. To that end, the tr ..read more
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Right to Rent Updates for Landlords & Agents (2024)
InventoryBase
by Inventory Base
1w ago
The landscape of privately rented accommodation in the UK has evolved significantly since the introduction of the right to rent scheme on 1st December 2014, which mandates landlords and letting agents to verify that their tenants have the legal right to reside in England. As of 13th February 2024, a new version of the right to rent guidance has come into force, offering updated directives on how to carry out these crucial checks. This refreshed guidance is not just a tool to prevent unauthorised renting – it also serves as a shield for landlords and agents, giving them all the information they ..read more
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What is the Housing Loss Prevention Advice Service (HLPAS)?
InventoryBase
by Inventory Base
2w ago
With landlord repossession reaching 5,409 during the fourth quarter of 2022 (The Guardian), almost doubling from the same period in 2021, it seems that tenancy disputes continue to be on the rise. However, many tenants cannot afford to pay for legal advice and have looked to legal aid schemes, including the former Housing Possession Court Duty Schemes (HPCDS), to seek support in such matters during the past few years. However, a new Housing Loss Prevention Advice Service (HLPAS) has since been introduced and this offers a wider range of topics that qualify for tenant advice. This article is a ..read more
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What is a Property Information Form? TA6, BASPI & PIQ Explained
InventoryBase
by Inventory Base
1M ago
As a vital resource for buyers and sellers, a property information form helps both parties progress with the sale of a residential or business property. There are a handful of important property information forms in use today, including BASPI and PIQ, which we covered on our previous blog. In addition to those, the Law Society’s TA6 property information form is another widely used throughout the industry. Using property information forms is strongly recommended by conveyancers and other industry professionals as it helps to establish trust by providing important upfront information, which TA6 ..read more
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Propertymark updated PIQ form explained (2024)
InventoryBase
by Inventory Base
1M ago
Big changes are happening with Propertymark’s Property Information Questionnaires (PIQs). In March 2024, the foremost membership body for UK property professionals announced that these PIQ forms had been modified to comply with changes to the National Trading Standards’ Material Information guidance. So we can support landlords, letting agents and conveyancers, this blog will provide context on the background of property information forms and explain the recent updates to Propertymark’s PIQ. We will then look at the implications for agents, conveyancers and other affected property professional ..read more
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Inventory Base partners with Street.co.uk to help agents save time and money
InventoryBase
by Inventory Base
1M ago
London, 11th March 2024: Inventory Base, the UK’s leading property inspection software provider, and Street.co.uk, a pioneering estate agency software and CRM, are proud to announce an integration partnership that promises to drive operational change for property professionals and estate agency businesses across the UK. Street.co.uk has transformed how agents operate throughout the country, giving them access to innovative tools and revolutionary workflows to help them stay ahead of the competition. Now with this latest powerful integration, Street.co.uk agents can benefit from Inventory Base ..read more
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Lessons from Tragedy: Energy Meter Safety and Best Practice
InventoryBase
by Inventory Base
1M ago
Energy meters are a vital part of any household’s infrastructure, helping to generate accurate readings and bills. However, they are not always easily accessible and this can cause inconvenience or in some circumstances pose a danger to tenants’ lives. In late 2022, the sad news of elderly tenant Bernadette Faulkner passing away following her attempt to top up her energy meter highlighted issues regarding the placement of prepayment energy meters. Eighty year-old Bernadette Faulkner was an elderly tenant living in a London council flat. Her electricity meter was located approximately 8 feet up ..read more
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What is the Social Housing (Regulation) Act 2023?
InventoryBase
by Inventory Base
1M ago
Social housing in the United Kingdom has long been criticised for its failings by campaigners working to raise standards for social housing tenants, though some believe that the results have often fallen short of expectation. However, a new social housing law, known as the Social Housing (Regulation) Act 2023, is set to make several positive changes to the safety standards people can expect from social housing, and the new powers it grants the Secretary of State and the Regulator of Social Housing to bring negligent landlords to task (or face unlimited fines) is being welcomed across the board ..read more
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A Guide to Green Leases
InventoryBase
by Inventory Base
1M ago
Green leases represent a pivotal shift in the property industry, helping to reduce the environmental impact of real estate. As agreements that incorporate terms to help manage a building's environmental impact, green leases align the interests of landlords and tenants towards energy efficiency and reduced carbon footprints. In this blog, we’ll look at sustainable real estate practices, and how they are reflected in the property sector's response to a global call for greener, more responsible development and management of all kinds of properties. Why are green leases important? Real estate is a ..read more
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Healthy Homes: Raising Standards in the PRS
InventoryBase
by Inventory Base
2M ago
The private rented sector (PRS) has experienced the introduction of a wide range of reforms in recent years. This looks unlikely to change with the concept of healthy homes now a pressing concern, and the pace is unlikely to change. The Healthy Homes Bill started its journey towards becoming legislation in May 2022 and has since passed through the first, second and third stages in the House of Lords. While the bill still needs to progress through the House of Commons and Final Stages to become law, its ethos is ambitious and widely welcomed across the industry. The Healthy Homes Bill advocates ..read more
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