Landlord responsibilities
With responsibilities for landlords increasing, costs to meet these responsibilities — such as additional homes surcharge across each of the UK nations’ land transactions systems — are also mounting which could be leading to many landlords selling their properties or diversifying into the short-term lets sector.
Avoiding over-regulation across the UK should be a priority to keep existing landlords in the sector as well as attract new buy-to-let investment.
Propertymark has consistently called for the enforcement of existing rules, which we believe should be the main focus for governments to target rogue landlords rather than adding more red tape that may alienate those who try their hardest to comply/ have an interest in joining the sector.
We have also called for greater regulation of the private rented sector in Northern Ireland, as shown by our recent response to the Assembly’s Call for Evidence, in which we also urge caution against the introduction of too many regulatory changes at once because this could result in landlords leaving the sector.
In our representation to HM Treasury, we proposed that the UK Government develop a private renting sustainment and support programme to help prevent further debt, poverty and homelessness, and to help enhance access to affordable housing for households displaced as a result of COVID-19.
Since lockdown, renters and landlords whose finances have been affected cannot keep tenancies going without additional financial support. The £65 million funding for those in rental debt (England) provides some support, however almost four million low-income households across the UK are in arrears with their household bills, yet this money will be targeted at those who are most at risk of homelessness, excluding a significant number of others from help.
A programme of support would ensure Local Housing Allowance rates and Universal Credit are adequate and more effective so that landlords and letting agents would have more confidence to offer tenancies to claimants. Local councils would also be given adequate funding to drive up standards through enforcement.
Housing courts
The present route to possession via the courts for private landlords is slow, complex, and costly and with the UK Government’s Renters’ Reforms agenda on the horizon, the Chancellor had the perfect opportunity in the Spending Review to ensure there is a court system that can ensure faster access to justice for both landlords and help to safeguard the supply and quality of housing via enhanced confidence in the justice system.
Additionally, Propertymark has supported calls for the development of a specialist housing tribunal in Wales, similar to what has been introduced in Scotland. The implementation of a specialist housing tribunal in Wales could help prevent many more landlords from leaving the sector – particularly those who own a single property – which may mean higher rents and further pressure on social housing providers and local councils due to lack of supply.
Energy efficiency
For many landlords across the UK, the planned changes to energy efficiency rules may potentially lead to further costs that may be unsustainable for their current incomes, risking further landlords to leave the PRS.
Propertymark has long called for decision-makers across the UK to move away from a one-size-fits-all policy and develop energy efficiency proposals that work with the different ages, conditions, and sizes of properties. This way each of the governments across the UK can target grants and funding support based on the characteristics of a property rather than its tenure.
In particular, the UK Government must continue to invest in the Green Homes Grant Voucher Scheme or introduce a suitable alternative to help landlords and homeowners improve the energy efficiency of their properties, cut their carbon footprint, and reduce household energy bills.
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Warm Homes Plan sets 2030 energy efficiency deadline for the PRS
The UK Government is investing £15 billion and promises a major push to cut bills, tackle fuel poverty, and accelerate home upgrades. In response to our campaigning, the initial 2028 deadline for new tenancies has been scrapped and, with a lower cap amount, property owners will be expected to spend less on upgrades. However, we remain concerned that landlords are being asked to deliver significant change without sustained, targeted support.
Budget offers positive funding increases, but housing pressures persist
The Welsh Government’s 2026-27 Budget, which is subject to a final vote in the Senedd on 27 January 2026, includes extra support for councils, changes to business rates from April 2026 and more funding for Green Home Wales, but key opportunities were missed to support rental supply and first-time buyers.
The key Renters’ Rights Act considerations for letting agents
The first phase of implementation will happen on 1 May 2026, introducing extensive reforms to the private rented sector. Letting agents play an important role in helping landlords understand and adapt to these changes, while ensuring their agency’s practices are adaptable to new legislation and remain compliant. Propertymark Industry Supplier Alan Boswell Group discusses what agencies need to do now to be prepared.
Draft Written Statement Terms issued with clarification sought by Propertymark on some specifics
The Assured Tenancies (Private Rented Sector) (Written Statement of Terms, etc. and Information Sheet) (England) Regulations 2026 have been published in draft by the UK Government. We have engaged with the Ministry for Housing, Communities and Local Government (MHCLG) to provide feedback on the regulations, which currently fail to acknowledge common real-world scenarios, such as overseas property owners and unique arrangements for vulnerable tenants or tenants with a disability.
Fact Sheet: Discrimination in the rental market (Wales)
On 1 May 2026, the Renters’ Rights Act 2025 will come into force, introducing new measures to tackle rental discrimination. Following confirmation from the UK and Welsh Governments, these provisions will commence in Wales on 1 June 2026, making it unlawful for letting agents and landlords to discriminate against prospective contract holders because they have children or receive benefits.
Self-Assessment deadline looms and Making Tax Digital changes approach
Many self-employed property agents and landlords are accustomed to submitting a Self-Assessment tax return annually. However, as the tax and regulatory landscape becomes increasingly complex, the risk of mistakes or missed deadlines could grow, particularly for landlords with small portfolios who must juggle compliance alongside day-to-day responsibilities.
