Latest property news
Members’ message to MSs: unlock housing supply and investment with Budget
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.
Equipping agents to lead informed conversations on pet-friendly tenancies
Across the UK, finding a suitable rented home can be more challenging for pet owners, especially when landlords are concerned about potential damage, noise, or cleaning costs. Battersea identifies housing as one of the main reasons animals are given up to its care, but the perceived risks of allowing pets can differ from the reality. Our new Renting with pets guide sets out practical ways to assess requests, manage risks, and build clear agreements that support successful tenancies.
Authorities must shift to transparent and evidence-led licensing
Propertymark’s latest position paper examines whether local authority landlord licensing schemes are achieving their stated aim of improving standards in the private rented sector. Selective and additional licensing schemes are expanding across England and Wales, placing significant costs and administrative demands on landlords and letting agents, particularly where requirements vary between council areas or repeat existing legal duties.