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- Issue 52: Autumn 2023
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Second Century Ventures unveils 2025 proptech cohort
The global venture arm of the National Association of Realtors has selected eight high-growth start-ups for its 2025 REACH UK scale-up programme. Tackling critical challenges across the property sector - from late rent and retrofit finance to water use, waste and leasing inefficiencies, the companies represent the next wave of innovation set to modernise housing, lettings, finance, and sustainability. Delivered in collaboration with Propertymark and TDS Group, the programme provides a tailored pathway to growth through industry access, investment, and targeted support.
Propertymark strongly welcomes Welsh Housing Survey
Jayne Bryant MS, Cabinet Secretary for Housing and Local Government announced that the survey will be undertaken in 2026–27, marking a major step forward in improving housing policy. This is a great campaign win for Propertymark – we have been calling for this for some time, including in evidence to the Senedd’s Local Government and Housing Committee, where we made it clear that without up-to-date and reliable information, ministers can’t make informed decisions that truly reflect what’s happening across Wales.
900.000 more sole traders and landlords to be swept into Making Tax Digital
The UK Government’s Making Tax Digital (MTD) initiative is transforming how taxes are reported and managed, with significant implications for property agents. Self-employed individuals and landlords earning over £50,000 per year must comply with MTD for Income Tax Self-Assessment (ITSA) from 2026, and those earning over £30,000 from April 2027. In her Spring Statement on 26 March 2025, Chancellor Rachel Reeves, MP, announced that the threshold will decrease to £20,000 in 2028.
Propertymark Trust scholarships get top marks from aspiring professionals
A programme of grants covering up to 100% of the costs for a Propertymark Qualifications Level 3 (SCQF Level 6) Certificate in Property Agency has been a huge success, with the ‘Class of 2025’ now set to receive their funding. The scheme, launched at the start of 2025, aims to help learners take a step toward professional growth and contribute positively to the future of the property industry.