Informed by our engagement with member agents operating in Wales, Propertymark has called on the Senedd’s Finance Committee to ensure the 2027–28 Budget addresses the real financial pressures facing property businesses and the wider housing market. We urge the Welsh Government to prioritise practical action that improves the availability and quality of homes, rather than adding costs or regulation that could reduce supply.

Propertymark has urged the Senedd’s Local Government, Housing and Planning Committee to make increasing the supply of homes its top priority. Our response to the Committee’s consultation on its future work programme sets out three priorities: delivering more homes across all tenures, sustaining a well-regulated private rented sector, and promoting professionalism and consumer confidence in property agents.

To reduce the tax burden on the housing market rather than introduce further changes in isolation, we warn the Scottish Government that plans for two new council tax bands risk adding complexity while doing little to increase revenue.

We have responded to consultations from Bath and North East Somerset Council and Gosport Borough Council on proposed approaches to housing enforcement and financial penalties in the private rented sector. We support robust action where landlords or agents deliberately, seriously or repeatedly fail to meet their legal responsibilities. However, it must be proportionate, transparent and focused on improving compliance rather than simply increasing financial penalties.

The Law Commission’s latest proposals aim to make business tenancy renewals clearer, quicker, and better suited to the modern commercial property market. While we welcome most of the proposed changes, we have highlighted important caveats where caution is needed to prevent a rise in disputes and to ensure that all parties have adequate protections.

Propertymark has urged the UK Government to ensure that reforms to the building lifecycle support property agents, improve the home-moving process, and give consumers confidence that building work has been completed properly. Our members work closely with other professionals throughout the life of a building, and we have highlighted how consistent standards, clear responsibilities, and reliable records would help agents provide a better service to sellers, buyers, landlords, tenants, and leaseholders.

A proposed £150 million Warm Healthy Homes Fund would support energy-efficiency improvements for low-income households across Northern Ireland. We welcome the investment but have urged the Department for Communities to widen access so that inefficient rented homes and their tenants are not left behind.

Major changes to the financial rights of married and cohabiting couples when relationships end are being considered by the Ministry of Justice (MoJ). Proposed reforms cover divorce and dissolution, cohabitants who separate, and inheritance when an unmarried partner dies without a will. A clearer framework is welcome, but courts must consider housing needs, individual circumstances, and each person’s contribution.

Responding to the UK Government’s consultation, our primary concern is the practicality of identifying and valuing properties that would be subject to the High Value Council Tax Surcharge (HVCTS). Many high-value homes have not been sold for several years, meaning accurate valuations cannot be based solely on online estimates or market appraisals.

Propertymark has responded to the Northern Ireland Housing Executive's consultation on proposed changes to the House Sales Scheme. Whilst reforming the scheme is the right approach, we urge the Housing Executive to protect social housing supply while maintaining opportunities for home ownership.

A draft Code of Practice for avoiding unlawful discrimination is intended to help landlords and agents in England comply with the Right to Rent Scheme while meeting their duties under equality law. Discrimination has no place in the private rented sector, and Propertymark strongly advocates for clear guidance that helps agents to apply checks fairly, without bias or assumptions, while still meeting the legal requirements of the scheme. To achieve this, the current draft Code must be made easier for agents to use in day-to-day lettings practice.

Money must be allocated in a practical, properly targeted, and flexible way to work across the country’s varied residential stock. Improving energy efficiency is vital, but it must be achieved in harmony with the protection of housing supply, support for responsible landlords, and warmer, more affordable homes for consumers.

The English Devolution and Community Empowerment Act 2026 includes measures to prohibit upward-only rent reviews in new business leases in England and Wales. Propertymark supports measures that help businesses access suitable premises and contribute to stronger high streets. However, changes to commercial lease structures must also maintain confidence for landlords and investors who fund, maintain, and improve commercial property.

Landlords and letting agents in Northern Ireland could soon face new requirements to strengthen the Scheme as an enforcement tool; however, the success will depend on clear implementation. Also, agents need certainty about their role, landlords need a straightforward process, and both require confidence that data will be used responsibly.

The UK Government has set out how it intends to ban the sale of new leasehold flats, expand the legal framework, and improve accessibility to make commonhold the default tenure for flats in both residential and mixed-use developments. Propertymark welcomes efforts to address the entrenched problems in the leasehold system, and we have put forward our recommendations for strengthening the draft legislation, ensuring the role of professional managing agents is recognised and supported, and the sector has adequate time to prepare.

Propertymark has highlighted the challenges property agents face when identifying the hidden influence of Designated Persons in transactions. The Office for Financial Sanctions Implementation (OFSI) is examining how the rules are applied in practice, and we’ve been clear that whilst agents are committed to preventing financial crime, the current expectations are often difficult to meet.