Matthew Pennycook MP stated that leasehold remains a barrier to a fair and efficient property market and confirmed that the UK Government aims to ‘get the job done’ by the end of this Parliament, making commonhold the default tenure for new flats. However, he also stated that reform must be phased to avoid legal, administrative and market disruption — meaning the five million existing leases in England and Wales will not end immediately.

Findings from the Housing, Communities and Local Government Committee inquiry into the affordability of home ownership have revealed that the home-buying and selling process is a painful experience that reduces motivation to move and slows down the housing market. These findings closely reflect our evidence and support our consistent calls for improvements for consumers and agents. In a letter to Housing Minister Matthew Pennycook MP, the Committee Chair Florence Eshalomi MP shared recommendations ahead of a full report.

The Renters’ Rights Act came into force on 1 May 2026. Much of the coverage has focused on the big, visible changes: the end of Section 21, the shift to periodic tenancies, and the ban on rental bidding wars. These are significant, but they are not, on their own, what will squeeze landlord margin. Propertymark Industry Supplier, Homebox, explains the potential impact of the less headline-grabbing changes in the legislation.

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.

While much of the attention has focused on tenancy reform, the Act also has a clear knock-on effect for how tenancy deposits are managed – particularly when it comes to end-of-tenancy disputes. Propertymark Industry Supplier, TDS, explains that understanding the impact on deposit deductions, tenant expectations, and evidential requirements will be key to avoiding disputes and ensuring fair outcomes for all parties.

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).

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.

Transactions are taking longer than at any point in recent years, creating uncertainty for consumers and placing additional pressure on property agents working to keep chains together. Although market activity is showing some resilience, movers are facing waits of up to 17 weeks to exchange, exposing ongoing inefficiencies in the system.

Propertymark welcomes the announcement of millions of pounds in additional financial support to help councils identify non-compliant landlords, improve housing standards, and ensure tenants are protected under the new legislative framework. It is vital that this funding is sustained and used strategically to build long-term capacity, not just for short-term fixes.

The UK Government has published draft regulations introducing a new disclosure regime for land agreements that give control over development without transferring ownership. The rules, which will apply in England and Wales, stem from the Levelling-up and Regeneration Act 2023 and are expected to come into force on 6 April 2027.

The Home Office has published a draft Code designed to give clearer guidance to landlords and letting agents on complying with the Right to Rent Scheme rules without breaching equality law. Checks on prospective tenants’ right to live in the UK have been part of the lettings process since 2016 and form part of wider government policy to prevent illegal immigration.

The housing market shows steady activity, ongoing challenges with sales agreed rising slightly and stock levels stable, while affordability pressures and longer transaction times continue to strain buyers and sellers. Demand is strong in the rental sector, with significant competition among tenants despite only a modest increase in available properties. Rents have remained relatively stable month to month.

Whilst it is best practice for letting agents to review their Terms of Business ahead of the reforms kicking in, especially if they are making changes to the type of services they offer to clients, there is no requirement for these business-specific documents to be formally Renters’ Rights compliant.

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.

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.