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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.
The Law Commission seeks views on commercial security of tenure
Under Part 2 of the Landlord and Tenant Act 1954, most business tenants in England and Wales have the right to renew their tenancy when the current lease ends, with limited grounds for landlords to refuse. With 55% of UK commercial property rented, the Law Commission is consulting on whether this system remains effective for today’s commercial lease market.
Welsh PRS report reflects Propertymark recommendations, but concerns remain
The Senedd’s Local Government and Housing Committee has published its long-anticipated report on the Private Rented Sector (PRS), with 13 recommendations set to shape the future of housing in Wales. We provided written and oral evidence as part of the inquiry and welcome the adoption of several of our long-term policy calls but warn proposals could negatively impact landlords and the supply of rental properties.
Service Occupancy Agreement
The main characteristics of a service occupancy are that the occupation of the property is closely linked to the occupier’s employment, they have a personal licence to occupy for so long as they are employed by the employer and that the service occupancy terminates automatically when the employment contract ends.