The new Board formalises the separation between Propertymark’s regulatory and representative functions, ensuring that regulation is independent, impartial and firmly focused on the public interest. This approach aligns us with best practice across other regulated professional sectors, reinforcing our long-standing commitment to high standards and accountability and strengthening professionalism, transparency and public trust across the property sector.

All visitor accommodation in Wales will need to be registered under new Welsh Government legislation, and agents should act now to support their landlords and avoid disruption when the new system goes live. Propertymark has engaged closely with the Welsh Government throughout the development of these proposals, focussing on ensuring that any new framework is proportionate, workable for agents and landlords, and recognises the wider housing pressures facing Wales.

Housing quality and energy efficiency underline the progress made, and the scale of the challenges still facing the sector is the headline finding in the EHS (English Housing Survey). Policy ambitions must have clear guidance, realistic timescales, workable exemptions, and sustained funding to reflect the diversity of the housing stock. Active involvement by qualified property professionals is also a must if raising standards is to be achieved.

HM Revenue and Customs (HMRC) has issued hundreds of thousands of pounds in new fines to property agents for failures to comply with anti-money laundering (AML) regulations, reinforcing the consequences of getting compliance wrong. The latest enforcement action covers the 2025–26 reporting period and includes 170 penalties issued to estate agency businesses, totalling more than £835,000. Letting agents are also within HMRC’s supervisory scope where transactions meet the required thresholds.

Màiri McAllan MSP has written to the UK Government, warning that current rates are failing to keep pace with the cost of renting, increasing the risk of homelessness and placing additional strain on local authorities and temporary accommodation budgets. While housing policy is devolved, LHA rates remain reserved to Westminster. The current approach is unsustainable, and we are continuing to call for meaningful reform to ensure welfare support reflects real-world rental costs.

A House of Commons Public Accounts Committee report states that the UK Government’s energy efficiency installation initiative has suffered serious failings at every level, leaving more than 30,000 homes with defects after external and internal wall insulation was installed through ECO4 and the Great British Insulation Scheme.

After a sustained consultation with members and a Propertymark campaign, the UK Government has confirmed an enforcement date of 2035 for the Decent Homes Standard in the PRS. Key exemptions and removal of age-based replacement rules have also been confirmed in a UK Government statement on 28 January 2026.

Propertymark supports the UK Government’s ambition to reform the home buying and selling process and agrees that change is long overdue. Reform must be practical, proportionate and focused on outcomes. By improving upfront information, raising professional standards, embracing digital solutions and reducing duplication, reform can deliver faster, more reliable transactions that work for agents, consumers and the wider economy.

Proposals to standardise the details provided in property listings are intended to improve transparency, speed up transactions and reduce fall-throughs, but without the right structure, shared responsibility, and practical implementation, the reforms risk placing unrealistic burdens on agents and slowing the process further. Propertymark supports the principle of better upfront information, but stresses that the current approach does not reflect how transactions work in practice.

The UK Government has published the Draft Commonhold and Leasehold Reform Bill and launched a consultation on banning leasehold for new flats, marking a significant moment in the long-running debate over leasehold reform. For Propertymark, this represents a major milestone after nearly 10 years of sustained campaigning against leasehold, poor practices, and unfair ground rents.

All UK sanctions designations maintained by the UK Government will be consolidated into an official list and updated in one place. This is a significant operational change for property agents, auctioneers and other regulated businesses, which should make checking clearer and more straightforward. Sanctions compliance are part of wider financial sanctions and anti-money laundering obligations, and failures can carry serious legal and reputational consequences.

Letting agents and build-to-rent (BTR) operators continue to navigate a market where demand is high, but affordability checks are increasingly complex. With more renters facing stretched budgets, irregular income patterns, or limited UK credit history, passing referencing isn’t always straightforward — even for tenants who would otherwise make excellent long-term occupants. Propertymark Industry Supplier, flatfair, explores how guarantor-backed tenancies can make a meaningful difference.

New regulations have been laid in the Scottish Parliament which, if passed, will place clearer and more time-bound duties on landlords and agents to investigate and address damp and mould in both private and social rented homes. Clear standards, realistic timescales and consistent enforcement are essential if these reforms are to improve housing conditions without reducing supply or creating unintended consequences.

The UK Government’s Affordable Homes Programme annual report 2024 to 2025 underlines a simple truth: affordability won’t improve without more homes being built and a system that helps people move. This is why we’re campaigning for delivery that matches local needs, better mortgage access for first-time buyers, and reforms that reduce the pressure on the whole housing sector.

The UK Government is investing £15 billion and promises a major push to cut bills, tackle fuel poverty, and accelerate home upgrades. In response to our campaigning, the initial 2028 deadline for new tenancies has been scrapped and, with a lower cap amount, property owners will be expected to spend less on upgrades. However, we remain concerned that landlords are being asked to deliver significant change without sustained, targeted support.

The Welsh Government’s 2026–27 Budget, approved by the Senedd on 27 January 2026, includes extra support for councils, changes to business rates from April 2026 and more funding for Green Home Wales, but key opportunities were missed to support rental supply and first-time buyers.