Propertymark was part of the working group made up of industry stakeholders and chaired by Lord Best. We have long called for Government regulation to ensure everyone in the industry is licensed, adheres to a strict code of practice and holds (at least) a Level 3 qualification.

RoPA's proposed regulatory framework is focused on estate agents in the UK and letting and managing agents in EnglandThe private rented sector is a devolved issue meaning the Welsh and Scottish Governments have already introduced legislation to regulate letting agents.

RoPA's report recommends that:

  1. All agencies operating a residential property business should be licensed and licensing should include a fit and proper person test for company directors
  2. All staff delivering ‘reserved activities’ employed within residential agency business should be licensed and adhere to a Code of Practice
  3. All staff delivering ‘reserved activities’ employed within residential agency business should hold a qualification at Level 3 or above
  4. All company directors and management agents should hold a qualification at Level 4 or above
  5. A new regulator be appointed to oversee compliance with an overarching Code of Practice
Latest news
03 Mar 2026
Regulation of agents must be part of the solution to issues with Decent Homes Standard

The evidence that underpins the policy has been criticised by the Regulatory Policy Committee as not fit for purpose, with concerns raised about whether it can genuinely drive improvements in housing quality across the private rented sector (PRS). As the UK Government considers extending and reforming the DHS, it is vital that policymakers recognise a simple truth: standards alone will not improve homes unless they are enforceable, understood and supported by a professional, regulated sector.