It may not have been bright, but it was certainly early as teams of spirited property professionals gathered at Fairlop Waters on Sunday 18 May for the third annual Agents Giving Dragon Boat Race. Among the 10 teams competing, two flew the Propertymark flag: the Propertymark Green Dragons and the Propertymark Trust. Each boat was crewed by a mix of staff, volunteers, member agents, and supportive friends and family.

Propertymark’s response to the Ministry for Housing, Communities and Local Government (MHCLG) consultation on reforms to the Energy Performance of Buildings (EPB) regime addresses the wide-ranging proposals, covering changes to Energy Performance Certificates (EPCs), Display Energy Certificates (DECs), and Air Conditioning Inspection Reports (ACIRs). We welcome many of the proposed reforms but have also raised concerns, especially around commercial and heritage buildings and HMOs, and made recommendations to ensure the final policy is fair, practical, and effective.

Wider economic factors and upcoming interest rate decisions will likely play a key role in the trajectory of the housing market moving forward. Nevertheless, overall pricing, mortgage products, and confidence are all trending upward, providing a perfect mix to help get people onto or move up the property ladder.

Jayne Bryant MS, Cabinet Secretary for Housing and Local Government announced that the survey will be undertaken in 2026–27, marking a major step forward in improving housing policy. This is a great campaign win for Propertymark – we have been calling for this for some time, including in evidence to the Senedd’s Local Government and Housing Committee, where we made it clear that without up-to-date and reliable information, ministers can’t make informed decisions that truly reflect what’s happening across Wales.

The property sector has seen a significant regulatory shift with the quiet withdrawal of the National Trading Standards Estate and Letting Agency Team (NTSELAT) Material Information Guidance. This change coincides with the enforcement of the Digital Markets, Competition and Consumers Act (DMCC Act) on 6 April 2025 which supersedes the Consumer Protection from Unfair Trading Regulations 2008 (CPRs) and has shifted power over consumer protections to the Competition and Markets Authority (CMA).

The Scottish Government has set out detailed plans to tackle Scotland’s ongoing housing challenges in its Programme for Government 2025-26, with significant implications for property agents across the country. Propertymark welcomes the renewed focus on affordable housing and tenant protections, issues we have consistently highlighted through our policy engagement, particularly with regard to the Housing (Scotland) Bill. However, we reiterate our stance that truly resolving Scotland’s housing crisis requires the Scottish Government to urgently reassess the broader financial landscape affecting housing.

From January 2026, Ofgem will take on regulatory responsibility for heat networks in England, Scotland and Wales, with a remit to protect consumers, support investment in the sector, and help the UK Government achieve its net zero targets. Significant growth in the use of heat networks is being driven by government policy and funding, making it crucial that managing agents, estate and letting agents, and auctioneers are part of the conversation.

As the home finance market grows more complex, estate agents are urged to help educate consumers on their options. Buyers often struggle to understand the range of products available or how affordability is assessed, and property professionals are well placed to guide clients towards independent advice and trusted resources.

Three new museums are set to join the list of bodies that can advise the Animal and Plant Health Agency on applications for exemption certificates under the Ivory Act 2018. If an owner wants to sell ivory-containing items which were made before 1918 and are of outstandingly high artistic, cultural, or historic value, they must be expertly assessed by recognised institutions.

Recent research from Search Acumen indicates that the commercial property sector is on track to miss the UK Government's 2030 Minimum Energy Efficiency Standards (MEES) target, with full compliance projected only by 2040. Around half of all energy consumed in commercial and industrial buildings in England and Wales is in the rented sector, placing the onus on landlords to make energy efficiency and heating improvements.

Westminster City Council wants a change in the law to allow local authorities to take control of private sector properties when they have been left empty for more than six months, significantly reducing the current threshold under the national Empty Dwelling Management Order (EDMO) framework. Propertymark recognises the vital importance of maximising housing supply and supporting sensible measures that bring empty homes back into use, however, we do, advocate for approaches that are proportionate, transparent, and fair to property owners.

A major consultation for a new Land Use Framework aims to balance the need for 1.5 million new homes, expansion of energy infrastructure, and the creation of new towns, alongside the protection of the environment and the transition to a low-carbon economy. Propertymark supports a balanced approach to changes in land use, however, we believe the UK Government has significantly underestimated the land required for residential development.

Plans are afoot to strengthen HMRC (HM Revenue and Customs) to act quickly and robustly against professional tax advisers who help clients avoid paying the correct tax. Propertymark welcomes this because it aligns with our calls to the Treasury, and we support HMRC’s ambition to ensure the financial sector upholds the highest standards and integrity of the tax system.

A new Corporate Plan for 2025 to 2028 sets out how the Welsh Revenue Authority (WRA) will expand its responsibilities and strengthen service delivery. The plan signals a step change in the WRA’s role, with implications for agents operating across the short-term lettings and tourism sectors in Wales.

The UK Government has published proposals to reform planning committees in England as part of its broader planning reform agenda, setting out significant changes that could affect how planning decisions are made locally. Propertymark supports reform to improve the consistency and speed of decisions but warns that the current proposals may miss the mark, especially around delegation and local flexibility.