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Our Head of Policy and Campaigns, Timothy Douglas, gave evidence to the Local Government and Housing Committee inquiry into the private rented sector (PRS) in Wales, urging them to learn lessons from the impact in Scotland and elaborating on key measures which were contained in Propertymark’s written evidence, such as a review of taxation, improved data collection, and a clear strategic plan to positively move the sector forward.
After the invasion of Ukraine, the UK Government took steps to address growing concerns of money laundering and other economic crime from Russian and foreign entities operating in the UK or with UK companies. This led to the introduction of the Economic Crime (Transparency and Enforcement) Act in March 2022.
The Welsh Government has adopted many of the proposals from the Building Safety Act 2022 into their own building reforms and will introduce new fire safety duties for Responsible Persons that will commence on 1 October 2023, which is the same time it is enacted in England.
New powers in the Charities Act legislation simplify legal requirements for charities who want to sell, transfer or lease land in England and Wales, plus the UK Government has recognised the high professional standards achieved by Propertymark Fellow Members which means they can provide valuation reports and help sell land for charities.