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The Ministry for Housing, Communities and Local Government (MHCLG) is considering the design of transparency and standardisation measures to be implemented in England and Wales under the Leasehold and Freehold Reform Act 2024. In addition, it has outlined new proposals around the fees and charges leaseholders pay, reform of the major works regime, and mandatory qualifications for managing agents.
From 27 October 2025, fixed, enforceable timeframes will be in place for social landlords in England to investigate, make safe and start prevention works to address hazards (including damp and mould), with powers to require alternative accommodation if a home can’t be made safe in time. Similar requirements are set to be extended to the private rented sector (PRS), so now is the time for agents to adopt best practice, future-proof their businesses, and protect tenants and properties.
Propertymark’s 2025 Compliance inspections find that less than 50% of agents are compliant with Material Information requirements and could be vulnerable to enforcement action.
The 2025 National Risk Assessment (NRA) has once again placed the property sector in the spotlight as one of the most attractive ways for criminals to conceal illicit wealth. Complex ownership structures, offshore companies, and opaque trusts continue to disguise the identity of the individuals behind transactions, with both residential and commercial sales and lettings vulnerable.