Latest property news
Agent voice is vital for new regional building safety regime
Once implemented, the Building Safety (Wales) Act 2026 will introduce a new regime for assessing and managing building safety risks in multi-occupied buildings, led by a designated local authority in each of Wales’s three fire and rescue authority areas. The success of the regional Building Safety Authorities (BSAs) will depend on sufficient resources, clear guidance, and meaningful engagement with property and managing agents to support a consistent approach across Wales.
Housing and rental market proposals in focus at Green Party Conference
Party Leader Zack Polanski's speech and wider conference policy discussions have outlined a series of housing and property proposals, including plans for a three-year cap on private rents, increased investment in social housing, and wider reforms aimed at addressing housing affordability. Propertymark supports policies that improve access to safe, secure, and affordable housing. However, we continue to oppose rent control measures that risk serious unintended consequences for people seeking suitable homes.
Political focus on PRS places a premium on compliance
A series of enforcement actions relating to licensing breaches, overcrowding, poor property management, and failures to comply with regulatory requirements present a cautionary tale for both agents and landlords. The Renters’ Rights Act has strengthened many of the consequences of non-compliance, whilst local authorities continue to take a firm approach and are increasingly willing to use substantial financial penalties where standards fall short.