Member benefits
Companies, firms and organisations join the SPF because they recognise we have a real influence on the government for the good of the whole industry.
Elsewhere on this site you'll find lots of evidence of the campaigns we have won, improvements we have achieved and detrimental changes that we have managed to fight off or tone down.
The greater the number and range of organisations that we represent, the greater the clout we can have with the government.
As well as benefiting the greater good of the industry, members also look to receive more specific benefits from their membership. Below you'll find some of the reasons why different types of members join the SPF.
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Why property owners join
Governments have historically seen the property industry as a source of finance. Therefore property companies, institutions and fund managers join the BPF as a way of protecting the value of their assets.
Central and local government have also put a range of regulatory and financial hurdles in the way of property development. Expand this box to see some of the ways that property owners have benefited from our activities:
Lobbying and public affairs:
- members don't have to hire their own lobbying or public affairs consultants - we can do it much more effectively for a fraction of the price
- we can get easier access to ministers and shadow teams to put their points across
- we have the full weight of the industry behind us rather than being seen to represent a single company or issue.
Immediate knowledge:
- because we constantly monitor what's going on in government and with regulators, our members can be kept fully up to date with news and developments
- we provide regular conferences and occasional seminars to home in on particular issues
- our experts are on hand to give instant answers to questions.
Financial advantage/protection:
- we encouraged the government to introduce real estate investment trusts - saving property companies hundreds of millions in tax liabilities
- we persuaded the government not to ban upward only rent reviews and to allow the industry to regulate its own relations with tenants
- we have achieved VAT and SDLT concessions and continue to work for a more equitable tax system
- we achieved a concession on empty property rates for smaller rented properties.
Planning protection:
- we persuaded the government to drop its proposals for a planning gain supplement and to replace it with a tariff based system - community infrastructure levy
- we are working with the government in its modernisation of the planning system to try to come up with something that is better, and works.
Climate change commitments:
- we are working with the government to ensure its various energy performance and climate change legislation is framed in a way that will work, and achieve the desired benefits
- we are working with other parts of the industry to develop a set of agreed measurement and reporting standards for the UK
- we are working with similar organisations in other parts of the world to develop internationally agreed measurement and reporting standards.
Image development:
- most of our campaigns depend on large amounts of data, case studies and spokespeople from our member companies to bring the issues to life
- by providing the input we need, members can gain prominent, high quality media coverage
- this is often better than they would have achieved by hiring a costly PR agency or issuing the information themselves.
Image protection:
- we can, and do, build the image of the industry as a whole, drawing attention to the good things that the industry is doing
- because we represent the industry as a whole, we can gain media coverage in a way that individual companies would find difficult
- we can be proactive on issues that listed companies could find difficult to raise.
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Why banks join
Property development and property purchase cannot take place without large amounts of money. Most of this comes from banks.
That's why we have the country's biggest lenders as members. Expand this box to find out some of the benefits they gain from their membership.
Credit crunch assistance:
- they are working with our property owning members to understand the property implications of the current recession and credit crunch
- together they are working with the Bank of England and HM Treasury to bring greater mutual understanding and to avoid a collapse in the property market.
Political inside knowledge:
- they gain information on upcoming legislation and regulations that might have financial implications and can plan for it
- they get to know what political parties are planning.
Potential clients:
- because we've got the UK's biggest property companies, institutions and fund managers as members, they can gain access to the top people in these companies
- they can find out what's happening in the market and where new funds may be required.
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Why agents and professional firms join
Property owning companies and financial institutions need lots of professional advice - from lawyers, accountants, agents, surveyors, planners...
The biggest companies within the professional services sector have joined us to gain access to, and to assist, our other members. Expand this box to see some of the benefits they get from their membership.
Using expertise:
- many of our professional firms members are the most active people on our committees and working groups, providing us with their time and expertise
- much of our lobbying work involves the sort of technical expertise that only experts in our member companies will have
- we also depend on our professional firms members to disseminate best practice to their clients.
Providing media input:
- most of our media campaigns need data, case studies and spokespeople to bring the issues alive - we depend on our members to provide us with this information
- professional firms get the reflected glory when their clients feature in the coverage we achieve.
Inside knowledge:
- they get the most up to date information, news and developments on legislation and regulations that they can use and pass on to their clients
- if they are involved with our committees, working groups or issues networks, they will have the opportunity to work at the cutting face of our lobbying work - giving them a professional edge against the competition.
Potential clients:
- they get the chance to meet the top people in our member companies, many of whom are potential clients
- they may have the opportunity to work with such people on our committees or working groups
- they can host our events and seminars in their head offices - an opportunity to build their profiles.
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Why other organisations join
Companies that own a lot of property (like Tesco, Sainsbury's and Network Rail), housing associations, residential landlords associations, insurance and marketing companies all find benefits from being members.
Expand this box to see some of the benefits they gain from their membership.
Property owning companies:
- are subject to many of the same pressures as property companies, but as it's not their main business they don't have the same time or resources available
- they are also tenants of many of our members, so can bring a different perspective to many aspects of our work
- see the benefits for property owners, above, for more examples.
Housing associations:
- in recent years we have attracted many of the country's biggest housing associations as members, so we provide a major voice for them
- they benefit from the lobbying we have traditionally done on behalf of our private residential sector members
- they gain inside knowledge on legislative and regulatory information, news and developments that will affect them
- they get access to our wider membership, and many useful contacts.
Residential landlords:
- many regional residential landlords associations, and the Residential Landlords Association itself, are affiliated to us
- they gain from belonging to a bigger, more powerful organisation with access to the key parts of government
- they benefit from the lobbying we have traditionally done on behalf of our larger private residential sector members
- they gain inside knowledge on legislative and regulatory information, news and developments that will affect them
- they get access to our wider membership, and many useful contacts.
Insurance companies:
- have a valuable input into our lobbying work on the aspects of insurance that particularly affect our property company members
- gain inside knowledge on legislative and regulatory information, news and developments that will affect them and their clients
- gain access to a pool of potential clients.
Other companies:
- gain inside knowledge on legislative and regulatory information, news and developments that will affect their clients
- gain access to a pool of potential clients.
Find out what it costs to join >>