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Welsh rental market shrinks as ownership becomes more concentrated
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.
Rent Smart Wales must deliver on its existing remit before expanding
The Welsh Government’s long-awaited evaluation of the licensing and registration body has been published, revealing both progress and persistent gaps in effectiveness – including a notable proportion of unregistered or unlicensed landlords. Propertymark welcomes this renewed scrutiny that aligns with our consistent call for increased transparency, more robust enforcement, and improvement of engagement with property professionals and tenants.
Victory for balanced rental reform as tenant compensation scheme rejected
The Welsh Government has confirmed it will not proceed with proposals that would have required landlords to pay tenants compensation when issuing a Section 173 possession notice. The decision follows extensive consultation and lobbying from Propertymark and other sector stakeholders, who welcomed the move as a win for common sense and fair reform.
Shaping Wales's rental future: Propertymark's response to adequate housing proposals
One of the key themes of the White Paper is the Welsh Government’s commitment to achieving housing adequacy — a concept that includes affordability, security, and access to quality housing. While Propertymark agrees with this goal and supports enshrining housing adequacy as a human right in Welsh law, we have urged policymakers to focus on pro-growth policies rather than introducing restrictions that will force landlords out of the market.