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Reforms coming into force during 2026, following the Employment Rights Act 2025, will affect recruitment, staff management, and workplace policies across the UK, including in property agencies. With many firms employing a mix of negotiators, property managers, administrative staff, and apprentices, understanding the changes early will help agencies remain compliant and continue to operate effectively.
All visitor accommodation in Wales will need to be registered under new Welsh Government legislation, and agents should act now to support their landlords and avoid disruption when the new system goes live. Propertymark has engaged closely with the Welsh Government throughout the development of these proposals, focussing on ensuring that any new framework is proportionate, workable for agents and landlords, and recognises the wider housing pressures facing Wales.
HM Revenue and Customs (HMRC) has issued hundreds of thousands of pounds in new fines to property agents for failures to comply with anti-money laundering (AML) regulations, reinforcing the consequences of getting compliance wrong. The latest enforcement action covers the 2025–26 reporting period and includes 170 penalties issued to estate agency businesses, totalling more than £835,000. Letting agents are also within HMRC’s supervisory scope where transactions meet the required thresholds.
All UK sanctions designations maintained by the UK Government will be consolidated into an official list and updated in one place. This is a significant operational change for property agents, auctioneers and other regulated businesses, which should make checking clearer and more straightforward. Sanctions compliance are part of wider financial sanctions and anti-money laundering obligations, and failures can carry serious legal and reputational consequences.