The professional body
for the property sector

Prime Minister Andy Burnham has proposed a new scheme to allow first-time buyers in England to purchase a new-build home with a 2.5% deposit, along with plans to let councils intervene sooner when homes stand empty, and a £210 million package to bring disused high street buildings back into use. Propertymark’s Policy and Campaigns Team is at the Labour Party conference to discuss these announcements directly with MPs and explain how members and their clients could be affected.

Landlords and sole traders already using Making Tax Digital (MTD) for Income Tax must send their second quarterly update to HMRC by 7 November 2026. The rules will extend to more people from April 2027, so letting agents can help landlord clients prepare now.

Informed by our engagement with member agents operating in Wales, Propertymark has called on the Senedd’s Finance Committee to ensure the 2027–28 Budget addresses the real financial pressures facing property businesses and the wider housing market. We urge the Welsh Government to prioritise practical action that improves the availability and quality of homes, rather than adding costs or regulation that could reduce supply.