The professional body
for the property sector

Since 1 May 2026, landlords who want to sell a tenanted property must rely on specific possession grounds under Section 8 of the Housing Act 1988. For sales agents and auctioneers, this changes how rented property is valued, marketed and sold. Sellers may still be able to sell with vacant possession, but the process is no longer as straightforward as many landlords expect.

The Housing, Communities and Local Government Committee has called for stronger enforcement, better local authority funding, and faster implementation of key protections for tenants in the private rented sector (PRS). Propertymark gave evidence to the enquiry, highlighting that standards must be improved through clear, practical and consistent rules that support responsible landlords and agents, while targeting those who deliberately operate outside the law.

The property market remains an attractive target for money laundering because of the value of property assets and the ability to hide ownership through companies, trusts, and overseas structures. An estimated £6.7 billion of UK property was bought with wealth suspected to have come from questionable sources between 2016 and 2022 — yet the National Crime Agency (NCA) reports that the volume of SARs from the property sector remains low.