This year, trees across Britain began shedding leaves weeks ahead of schedule. At a glance, it might seem like a charming sign of an early autumn - in reality, it’s a stress response. Propertymark Industry Supplier, Inventory Base, explains why this subtle ecological shift has very real consequences for the lettings sector.

We are proud to renew our support for the annual safety campaign, which is running from 8–14 September 2025. Coordinated by the Gas Safe Register, the week raises awareness of the importance of gas safety and highlights what individuals can do to protect themselves, their clients, and their communities. This year’s theme, “Looking after your home, friends, and family”, emphasises that gas safety is everyone’s responsibility. Agents, landlords, and homeowners can all take small steps which make a big difference in keeping people safe.

The July 2025 report shows steady sales with stronger appraisals, but affordability remains stretched amid high inflation and static interest rates. Rental demand continues to outpace supply, keeping competition intense despite slight stock growth.

Proposed refinements to the classification of self-catering properties for local tax purposes have been put forward by the Welsh Government, with a consultation open until 20 November 2025. Whilst many holiday lets have met the thresholds that are in place, adjustments have been called for to reflect the operational realities of running a seasonal business.

Self-employed businesses in the UK with income over £50,000 will need to follow new rules for recording and submitting tax information under Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA). Businesses and landlords affected by the change will be required to maintain digital records, use HMRC-approved software, and submit tax information quarterly, rather than through a single annual Self-Assessment return.

Letting agents routinely use pooled client accounts (PCAs) to manage money for multiple landlords and tenants. These accounts are not only common, they’re also essential to agency operations. However, from a regulatory standpoint, they raise a key question; should banks perform due diligence on the letting agent (as the account holder), or on every individual landlord and tenant whose money passes through the account? Propertymark Industry Supplier, The Letting Partnership, examines the problem with PCAs, and how upcoming regulatory changes could improve the system.

Hackney Council is consulting on plans to introduce two new five-year licensing schemes in the private rented sector (PRS) from early 2026, arguing that they will improve standards. Propertymark supports the aim of raising housing standards, but we strongly urge Hackney and other local authorities to rethink their approach. A healthy PRS is fundamental to meeting growing housing demand, and under-resourced licensing schemes too often end up penalising good landlords and agents while allowing poor practice to persist.

The Housing, Communities and Local Government Committee has launched an inquiry into how schemes such as Stamp Duty relief, ISAs, mortgage guarantees, and rent payment history in mortgage decisions affect first-time buyers. It will also consider the effectiveness of Lifetime ISAs, 95% mortgages, Shared Ownership, and the impact of the Renters’ Rights Bill and the Leasehold and Commonhold Reform Bill.

The House of Lords Industry and Regulators Committee continues its inquiry into the Building Safety Regulator (BSR) and quizzed Dame Judith Hackitt, Chair of the Building Control Independent Panel (BCIP), who said that the Building Safety Regulator (BSR) will do more to unblock delays and improve collaboration with industry.

From 18 November 2025, identity verification will become mandatory for the incorporation and appointment of new directors and people with significant control (PSCs). Companies House is encouraging individuals to verify their identities as early as possible.

Property agents looking to safeguard their business against financial loss can benefit from suitable office insurance. Offices and those who work within them can be exposed to risks such as theft, damage, or liability claims. Gallagher, Propertymark’s official insurance broking partner, explains the benefits and the potential business-saving cover it can provide.

The UK Government has confirmed it will move forward with plans to end hidden commission payments on buildings insurance — a change welcomed for improving transparency, but one that raises new challenges for managing agents and landlords. Propertymark has warned that while reforms aim to protect leaseholders, unanswered questions around costs, VAT, and permitted activities could have significant consequences for the sector.

While mortgage lending shows resilience, affordability remains the foremost barrier for buyers and renters alike. With supply shrinking in lettings and confidence uneven in sales, policymakers and market participants face ongoing challenges in achieving balance across the housing sector.