More effective guidance needed on OFSI ‘ownership and control’ test
Propertymark has highlighted the challenges property agents face when identifying the hidden influence of Designated Persons in transactions. The Office for Financial Sanctions Implementation (OFSI) is examining how the rules are applied in practice, and we’ve been clear that whilst agents are committed to preventing financial crime, the current expectations are often difficult to meet.
Propertymark seeks urgent meeting with Rachel Reeves over rent controls
Reports have emerged that the Chancellor is considering the introduction of short-term rent controls in England as part of efforts to ease the cost of living. Propertymark recognises the financial pressures facing tenants and the need for the UK Government to act to support households. However, rent controls risk producing unintended outcomes that disadvantage both tenants and landlords.
Senedd election 2026: what are the political parties saying on housing?
With the Senedd election approaching on 7 May 2026, housing remains a critical issue across Wales. All major parties recognise the need to increase supply and improve affordability, but their approaches differ significantly. The next Welsh Government will need to strike a careful balance between raising standards and maintaining investment, particularly in the private rented sector (PRS).
Scottish election 2026: what are the political parties saying on housing?
With the Scottish Parliament election approaching on 7 May 2026, all major political parties have set out their housing priorities. The next Scottish Government will need to strike a careful balance between improving standards and maintaining supply. Policies that focus too heavily on regulation risk reducing investment, while those that prioritise supply must still ensure quality and consumer protection.
Propertymark backs proportionate approach to housing offences
Our response to the Sentencing Council’s consultation on proposed new guidelines was informed by survey responses from members, supporting a more structured, practical and consistent framework for enforcement across the private rented sector, with enough flexibility built in to address different levels of offending.
What would a liability claim mean for a property business?
Property agencies can face a variety of risks in their everyday operations, many of which may lead to liability claims when unexpected incidents occur. Whether supporting staff, handling client interactions, conducting property viewings, or managing office operations, unforeseen events can have considerable impact on the business. A liability claim may result in financial strain, operational disruption and reputational damage. For property agents, understanding these exposures is an important step in managing risk effectively. Gallagher, Propertymark's insurance supplier, shares insight into the risks property agents may face and the types of protection that can help keep businesses resilient.
Plans revealed to speed up remediation on high-risk buildings
The Building Safety Regulator (BSR) has announced a new improvement plan to accelerate remediation works on higher-risk buildings (HRBs) across England to tackle ongoing delays in the approvals process. A series of operational changes designed to reduce application backlogs, improve decision times, and support higher-quality submissions from industry have been included.
£62m fire alarm fund announced cutting costs for leaseholders and keep everyone safe
The Interim Measures Alarm Fund (IMAF) is designed to improve resident safety while reducing the financial burden on leaseholders in buildings awaiting remediation. The fund marks a continuation—and expansion—of efforts to address building safety following the Grenfell Tower tragedy, while also aligning with long-standing industry calls, including Propertymark’s campaigning, for practical and cost-effective interim safety solutions.
Tackling empty properties
The UK has more than 359,000 homes sitting empty for over six months. Long-term vacancy represents a wasted asset at a time of acute housing need, while also contributing to social decline, increased maintenance costs, and reduced local investment. A more strategic, well-resourced approach is essential to bring empty properties back into use and support thriving, sustainable communities.
The Propertymark Trust announces five new Trustees
The appointees join the board after an intensive and robust recruitment process. The Trust is the official charity of Propertymark, supporting estate and letting agents through life’s toughest moments.
Agents invited to shape the future of PropTech
Propertymark is inviting member agents to apply for a place on the REACH UK Agent Advisory Board, offering a direct role in shaping and testing the next generation of property technology. The Board builds on a proven model that gives agents early access to emerging solutions and the opportunity to influence how they are developed and deployed in real agency settings.
Compliance Café: Anti-Money Laundering
Insights from 2026 AML audits highlight how estate and letting agents are performing across key compliance areas, with strong training standards and clear opportunities to enhance registration, documentation, and reporting practices.
14 days remain to prepare for new tax rules
From 6 April, 125,000 landlords and sole traders in the property sector must use Making Tax Digital (MTD) software, in the biggest change to the Self-Assessment system since 1997. Support is available to those impacted, and HMRC has confirmed that no penalties will be issued for late quarterly updates in the 2026 to 2027 tax year as the system beds in.
Anticipated reinvention of EPCs held back until 2027
The UK Government has published its partial response to the consultation on reforms to the Energy Performance of Buildings regime, confirming a significant overhaul of Energy Performance Certificates (EPCs) in England and Wales. Once implemented, domestic EPCs will move to four new headline metrics, whilst non-domestic EPCs will continue to use the existing Environmental Impact Rating. Importantly, certificates will still be valid for 10 years under the new regime.
Grants offer first-time buyer boost but more action needed to tackle housing emergency
Scotland’s First Minister John Swinney has pledged £10,000 grants to help first-time buyers onto the housing ladder if the SNP is re-elected on 7 May. While the move signals recognition of affordability pressures, Propertymark believes broader action is still required to address the root causes of the country’s housing crisis.
£3,000 grant opens door for agencies to recruit young talent
The Youth Jobs Grant, part of the UK Government's New Deal for young people, is designed to create thousands of jobs and apprenticeships, with estate and letting agencies eligible to benefit from financial support. The scheme forms part of a wider employment drive to unlock opportunities for the next generation, with a focus on supporting businesses to take on younger workers and invest in skills.