Annual Finance Bill is the best solution for the property market
Propertymark has responded to proposals on how future changes to the Welsh Tax Acts should be made, recommending that the Welsh Government should adopt a Land Transaction Tax (LTT) system that promotes accessibility, simplicity, and predictability, while avoiding excessive surcharges or complex rules that could slow transactions.
Tips to help prevent and prepare for cyber attacks
Cybercrime incidents can impact businesses of all sizes and industries, including property agencies. Propertymark industry supplier, Gallagher, is reminding all property agents about the importance of adequate risk prevention and management.
Legal challenge over Article 4 Direction on short-term lets
Gwynedd Council has confirmed it will appeal after a High Court judgement ruled its Article 4 Direction, intended to require planning permission for converting homes into holiday accommodation, was unlawful. The case is the first major legal test of new powers given to local authorities in Wales to control the growth of short term lets and second homes.
Property listings should be exempt from invitation to purchase rules
We have responded to the Competition and Markets Authority (CMA) on its draft price transparency guidance under the Digital Markets, Competition and Consumers Act 2024 (DMCCA). From 6 April 2025 the DMCCA replaced the Consumer Protection from Unfair Trading Regulations, so the CMA’s approach will shape day‑to‑day advertising for every agent. Our message is clear: property is different, and the guidance must reflect that.
Generation of new towns set to restore homeownership dream
Labour’s proposal is bold in scale and ambition — it could reshape growth corridors and open up new development frontiers. But much will depend on delivery, governance and market realism. Propertymark will engage with ministers, departments and stakeholders, pushing for a transparent, accountable, and sustainable delivery model. We’ll ensure our membership’s voice is heard — especially on fairness, consumer protection, and creating high-quality places people want to call home.
‘Under-utilised’ compulsory purchase powers to get a modern revamp
The Scottish Government has set out plans to modernise the 200-year-old legislation that underpins Compulsory Purchase Orders, making them fairer, faster and simpler for public bodies to use, and easier for people affected to understand. By removing barriers to the use of these powers, MSPs hope they can be used more frequently to support the delivery of new homes, infrastructure, and regeneration projects. However, the scale of the reform needed means legislation is unlikely to be brought forward until after the next Scottish Parliament Election in 2026.
Fair and practical approach is needed to rework holiday let tax rules
Propertymark has responded to the Welsh Government’s consultation, which looks at changes to the way holiday lets are assessed for business rates and Council Tax. The consultation considers averaging days let over multiple years, recognising charitable donations, and introducing transitional arrangements for properties moving from non-domestic rates to Council Tax.
Bold Budget is needed for resilient housing sector
Propertymark has responded to the Welsh Government’s Draft Budget for 2026–27 with a warning that without tax reform, the continued loss of landlords will deepen affordability issues for tenants and increase pressure on local authorities to house more people in the social sector. A vibrant private rented sector (PRS), alongside investment in social and affordable housing, is essential to meet demand and ensure all people in Wales have access to decent and secure homes.
Rent controls and exemptions under the spotlight as Housing Bill reaches final stage
Stage 3 proceedings for the Housing (Scotland) Bill began on 23 September 2025 in the Scottish Parliament. MSPs are considering around 400 amendments over two days before holding a final vote on whether the Bill should become law. This marks the last opportunity to shape one of the most significant reforms to renting in Scotland since the introduction of the Private Residential Tenancy.
Call to arms issued to developers as housing delivery continues to fall
The latest statistics from the Ministry of Housing, Communities and Local Government (MHCLG) reveal that supply in England continues to lag demand, with new build activity well below the level needed to reach the UK Government target of 300,000 additional homes per year. Housing Secretary, Steve Reed, MP, has vowed to ‘build, baby, build’, as he doubles down on plans for major planning reform and investment.
Important deadline for registering for a self-assessment
Any newly self-employed agents, those earning untaxed income, or receiving income outside PAYE who need to complete a tax return for the first time for the 2024-2025 tax year, must register with HMRC by 5 October 2025.
Trust unveils new website to better support members
The charitable arm of Propertymark, who help members, their families, colleagues, and friends in times of hardship, and also funds qualifications and professional development, has a new website designed to make its support more accessible to members than ever before.
Rules on property taxation could soon be more nimble
Property agents in Wales could face a landscape where changes to Land Transaction Tax (LTT) occur with far less notice, under new proposals from the Welsh Government that include options for streamlining how tax laws are updated, including those governing property transactions. The proposals, open for response until 28 November 2025, could have significant implications for agents and their clients.
Commercial Outlook Q2 2025
The second quarter of 2025 shows the commercial property sector is balancing short-term challenges with long-term opportunities, as agents report shifting confidence across sectors.
Unaffordable AML fees could drive greater non-compliance
Propertymark has responded to HMRC’s consultation on plans to increase the fees it charges businesses it supervises under the Money Laundering Regulations, warning that higher costs could affect small, independent agents hardest and risk undermining compliance. Proposals include raising the annual premises fee from £300 to £400, reintroducing a £400 application fee, and restructuring penalty charges into a new sanction regime with fines of up to £2,000.
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.