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.
Home buyers and sellers face increasing delays
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.
New laws to identify potential land use
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.
Housing Insight Report: February 2026
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.
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.
Longer notice periods must be balanced with effective possession routes
Policymakers in Northern Ireland must ensure landlords can regain possession of their properties efficiently, following the Department for Communities (DfC) proposals to increase standard notice periods for tenants to up to six months, alongside exemptions where shorter notice periods would still apply.
New business rates valuations come into force
For over two million non-domestic properties across England, new rateable values have come into effect from 1 April 2026, marking the start of the latest three-year business rates cycle that will run until March 2029 and is expected to have significant implications for commercial property agents, landlords, and tenants navigating changing market conditions.
£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.
Empty homes crisis: Propertymark’s roadmap to bring properties back into use
Tackling empty homes is a practical and achievable way to increase housing supply without relying solely on new development. By combining stronger local action, targeted incentives, and clearer national direction, governments can unlock the potential of existing housing stock and support more people into secure homes.
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.