News and reports

Landlords who failed to register or obtain the correct licence accounted for almost all of the 3,198 fixed penalty notices (FPNs) issued by Rent Smart Wales in the 12 months to May 2026, highlighting the valuable role agents can play in supporting client compliance. All private landlords renting out domestic property in Wales must register with Rent Smart Wales and either employ a licensed agent or become licensed to manage the property themselves.

The number of registered rental properties and landlords is declining, while a small group of larger landlords controls a growing share of the market, according to data from Rent Smart Wales. The national figures also mask sharp differences between Cardiff, Swansea, and the rest of Wales.

The proportion of owner-occupiers has changed little over the past decade and remains below its 2003 peak, while high prices, large deposits, and a weak development pipeline continue to restrict access for first-time buyers and suppress mobility for those already on the property ladder. New planning rules may help, but government and industry evidence supports Propertymark’s position that wider reform is needed across housebuilding and the buying and selling process to restore adequate supply and revitalise the market.

An early First-tier Tribunal decision under the Renters’ Rights Act 2025 offers useful lessons for agents, landlords, and tenants. Evidence of rents achieved for comparable homes proved more persuasive than advertised prices, but Propertymark members report that the speed of the process varies significantly.

The first phase of the Renters’ Rights Act 2025 has been in force since 1 May 2026, but local regulation is continuing to develop alongside it. Councils across England are consulting on new selective licensing schemes and planning controls for Houses in Multiple Occupation (HMOs), creating further checks, costs, and responsibilities for agents and landlords.

Behavioural research suggests that around 60% of landlords in the private rented sector do not fully understand their responsibilities and often fail to meet basic regulatory requirements as a result. This unintentional non-compliance is driven not by bad intent but by four interconnected behavioural patterns.

Propertymark has written to Baroness Sherlock, OBE, Minister of State at the Department for Work and Pensions (DWP), calling for action to ensure housing support matches real rents, following her statement that local authority Crisis and Resilience Fund housing payments are available to private tenants who cannot meet their rent. The Fund is a welcome safety net for people facing short-term financial difficulties; however, one-off crisis payments cannot replace adequate levels of Local Housing Allowance to meet ongoing rental costs.

Rent pressures are real, but controlling the price of a scarce product does not create more of it. Rent controls can protect some tenants in the short term, but they do not address the shortage of homes that drives high rents. They can also weaken investment, reduce the number of properties available and make it harder for people seeking a new tenancy to find a suitable home. Evidence from schemes implemented around the world backs Propertymark’s opposition to rent controls and work to challenge and reshape the policy in Scotland.

Cyber crime incidents can impact property businesses of all sizes. A lack of cyber security can leave firms vulnerable to substantial losses and the impact can be huge and long lasting. Even using third-party hosting companies or sites doesn't remove the risk of exposure to crime and subsequent liabilities. Propertymark industry supplier, Gallagher, explains the steps property agents can take to prevent and manage risk.