Propertymark to press government over mandatory qualifications
Summary
Propertymark has said it will engage with government on plans for mandatory regulation of property agents, including licensing and minimum qualifications. The organisation supports the principle of stronger consumer protection, but says key details such as qualification requirements, funding, transition arrangements and the regulator’s relationship with existing redress schemes still need to be clarified.
Why it matters
For residential property surveyors, this signals a likely move toward tighter professional standards across the wider property sector. It may affect expectations around competence, compliance and the regulatory environment in which agents, surveyors and related professionals operate.
Key points
- Labour’s proposals would require property agents to hold a licence and appropriate qualifications.
- A new regulator would set conduct and complaints standards and could remove licences for non-compliance.
- Propertymark supports regulation that improves consumer protection and professional standards.
- Unresolved issues include qualification criteria, licence funding, transition arrangements and implementation timing.
- Clarity is also needed on how the new regime would interact with existing redress schemes and professional bodies.
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