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The Welsh Government’s 2026-27 Budget, which is subject to a final vote in the Senedd on 27 January 2026, includes extra support for councils, changes to business rates from April 2026 and more funding for Green Home Wales, but key opportunities were missed to support rental supply and first-time buyers.
Formal regulation marks a major shift in how these systems are overseen and how consumers are protected. For property agents, this change is important because it will affect how heat networks are operated, what information consumers must receive, and how agents advise clients and market properties connected to networks. Hundreds of thousands of homes, particularly in blocks of flats and new developments, are already connected, and their use is expected to grow as part of the UK’s decarbonisation plans.
The 2025 Autumn Budget confirmed a new £1.5 billion allocation for the Warm Homes Plan, intended to support insulation and low-carbon heating upgrades across England. According to the UK Government, the funding will target households in the least efficient homes, as part of a long-term ambition to upgrade up to five million properties.
Timothy Douglas, Propertymark’s Head of Policy and Campaigns, took the views and concerns of members directly to MPs as he gave evidence to the Housing, Communities and Local Government Committee inquiry into housing conditions in England on 4 November 2025. Douglas highlighted the ongoing work of professional agents in driving up standards but warned that progress under the Renters’ Rights Act 2025 depends on clarity from the UK Government, realistic timelines, and a fair regulatory framework.