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).

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.

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 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.

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.

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.

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.

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 Welsh Government has set out plans to change how Houses in Multiple Occupation (HMOs) are treated for council tax, confirming that property owners, not tenants, will remain liable and that properties will be valued as a single dwelling. The move brings greater consistency to the system and aligns Wales more closely with the approach already taken in England.

Propertymark welcomes the tougher standards from the Department for Energy Security and Net Zero (DESNZ), which place stricter responsibilities on energy suppliers to fix faulty meters, improving reliability for households and supporting smoother tenancy management.

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.

Propertymark is inviting member agents to apply for a place on the REACH UK Agent Advisory Board, offering a direct role in shaping and testing the next generation of property technology. The Board builds on a proven model that gives agents early access to emerging solutions and the opportunity to influence how they are developed and deployed in real agency settings.

When it comes to deposit disputes in the private rental sector, one thing matters above all else: evidence. Not opinion. Not memory. And certainly not assumptions. What matters is time stamped, detailed and impartial documentation that shows exactly what condition a property was in at the start and end of a tenancy. Propertymark Industry Supplier, Inventory Hive, explains why inventory reports matter so much, what makes them stand up to scrutiny, and what can cause them to fall apart in front of a deposit adjudicator.

From 6 April, 125,000 landlords and sole traders in the property sector must use Making Tax Digital (MTD) software, in the biggest change to the Self-Assessment system since 1997. Support is available to those impacted, and HMRC has confirmed that no penalties will be issued for late quarterly updates in the 2026 to 2027 tax year as the system beds in.