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Shaping Wales's rental future: Propertymark's response to adequate housing proposals
One of the key themes of the White Paper is the Welsh Government’s commitment to achieving housing adequacy — a concept that includes affordability, security, and access to quality housing. While Propertymark agrees with this goal and supports enshrining housing adequacy as a human right in Welsh law, we have urged policymakers to focus on pro-growth policies rather than introducing restrictions that will force landlords out of the market.
Fact sheet: UK sanctions reporting obligations
Under the Sanctions and Anti-Money Laundering Act 2018, the UK Government introduced a new regime of issuing financial sanctions following the UK’s departure from the European Union. Under the Act, businesses specified in the Act have to report to the OFSI if they suspect they are engaging with a client who is under financial sanctions.
Areas of agreement won't stop campaign for balanced reform
The Welsh Government’s response to the Local Government and Housing Committee's report on the Private Rented Sector (PRS) demonstrates alignment with Propertymark on key areas, such as the importance of the sector, the need for better data, and support for landlords and tenants.
Extended Ivory Act regulations will take effect on 28 January 2025
Trading in ivory from the common hippopotamus, killer whale, narwhal and sperm whale will now be banned under The Ivory Act 2018 (Meaning of “Ivory” and Miscellaneous Amendments) Regulations 2025. The new legislation was originally laid in parliament in May 2023, under the previous UK Government, but implementation has been delayed due to a lack of parliamentary time.