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- Issue 50: Spring 2023
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The stopwatch issue - preparing for Awaab's Law in the PRS
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.
Building safety evidence session sees agent voices heard
As the Senedd examines the Building Safety (Wales) Bill, Propertymark’s Head of Policy and Campaigns, Timothy Douglas, set out members’ priorities to ensure the new framework is practical, proportionate, and aligned with existing regulations.
Wales must learn from mistakes in England to polish Building Safety Bill
Stage 1 scrutiny of the Bill is underway in the Senedd Local Government and Housing Committee, and Propertymark is set to give evidence in person on 9 October. We have also submitted written feedback, outlining how the legislation can be improved to ensure it achieves its aims.
Auctions Barometer Q2 2025
Auctions remained resilient this quarter, with 81% of lots achieving or exceeding the reserve price, increased stock levels, persistent 3.6% inflation and a 4.25% base rate. Growth in online participation and steady demand signal continued market strength heading into H2 2025.