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Propertymark has responded to the Welsh Government’s Draft Budget for 2026–27 with a warning that without tax reform, the continued loss of landlords will deepen affordability issues for tenants and increase pressure on local authorities to house more people in the social sector. A vibrant private rented sector (PRS), alongside investment in social and affordable housing, is essential to meet demand and ensure all people in Wales have access to decent and secure homes.
Ofgem has issued draft guidance on protections for heat network consumers, and is seeking views on the rules and requirements set out in the authorisation conditions. This includes obligations around billing clarity, complaint handling, and safeguards for vulnerable residents.
Propertymark has responded to the Scottish Government’s plans to require private rented homes to meet a new EPC Heat Retention Rating of band C — from 2028 for new tenancies and 2033 for all lets — focusing on a property’s fabric and heating system to better link upgrades with reduced emissions. Whilst we support the principle of improving energy efficiency, we are concerned that the proposals place significant financial and practical pressures on landlords.
Propertymark has welcomed Ofgem’s proposals to improve transparency and implement fair pricing protections for heat network customers, but warns that implementation must consider the operational realities of managing agents and ensure true consumer fairness.