Vital intel for property agents as Ofgem becomes heat networks regulator
Formal regulation marks a major shift in how these systems are overseen and how consumers are protected. For property agents, this change is important because it will affect how heat networks are operated, what information consumers must receive, and how agents advise clients and market properties connected to networks. Hundreds of thousands of homes, particularly in blocks of flats and new developments, are already connected, and their use is expected to grow as part of the UK’s decarbonisation plans.
What must change to make more home ownership dreams a reality
Head of Policy and Campaigns, Timothy Douglas, has followed up our written submission to the Housing, Communities and Local Government Committee inquiry into housing affordability with in-person evidence on 6 January 2026. Our evidence reinforces the need for a joined-up approach to affordability which considers housing supply, rental market pressures, financial products, taxation, and consumer costs together.
Spring 2026 is set to show new growth for pooled client accounts
Propertymark shared member survey data to illustrate the challenges faced by agents when the UK Government requested evidence on how the UK Money Laundering Regulations could be improved. Ministers have listened, and regulations expected to take effect in early 2026 will have sensible changes to Customer Due Diligence and improve access to compliant business banking services for agencies.
Modernisation of compulsory purchase rules must protect property rights
Plans for a transparent and balanced system are welcome and could have significant benefits for Scotland’s regeneration and housing ambitions. However, reform must not come at the expense of fairness. Clearer legislation, early engagement, and collaboration with qualified property professionals will ensure that public projects can proceed efficiently while protecting the rights and confidence of property owners and agents.
Clear and workable process is needed for an effective financial sanctions regime
Following major changes in global sanctions since 2018, the Office of Financial Sanctions Implementation (OFSI) has sought views on how to update its penalty, disclosure, and settlement frameworks. Reforms should both strengthen deterrence and make it easier for businesses, including property agents, to comply and report breaches confidently.
Axing public input risks lower-quality infrastructure projects
Proposals to remove consultation requirements from the Nationally Significant Infrastructure Projects process could result in poorer-quality developments being fast-tracked at the expense of long-term outcomes. While a faster system is important, this must not come at the cost of scrutiny and public confidence. Skipping or shortening consultation stages risks creating legal challenges and public backlash that could ultimately delay, rather than speed up, projects.
Leasehold property managers could lead the sector on universal qualifications
The Ministry for Housing, Communities and Local Government (MHCLG) is considering the design of transparency and standardisation measures to be implemented in England and Wales under the Leasehold and Freehold Reform Act 2024. In addition, it has outlined new proposals around the fees and charges leaseholders pay, reform of the major works regime, and mandatory qualifications for managing agents.
Stronger fire safety framework needed to protect tall buildings
Propertymark has responded to the Government of Jersey’s consultation on new Fire Precautions (Tall Residential Buildings) Regulations, which will extend protections to around 8,500 islanders living in 125 high-rise homes. The proposed framework would cover buildings over 11 metres in height and introduce measures drawn from the Grenfell Tower Inquiry Phase 1, including stricter duties for building owners and managing agents.
Councils to get clearer powers to tackle vacant and neglected buildings
The Northern Ireland Dilapidation Bill aims to modernise and consolidate the rules which equip local authorities to tackle run-down, dangerous, or dilapidated buildings and land. It creates a single toolkit to support earlier action to protect amenities, aid regeneration, and keep people safe. The overall direction of the legislation is sound, and Propertymark is engaging with Ministers and MLAs to make improvements so that it will work better in practice.
Annual Finance Bill is the best solution for the property market
Propertymark has responded to proposals on how future changes to the Welsh Tax Acts should be made, recommending that the Welsh Government should adopt a Land Transaction Tax (LTT) system that promotes accessibility, simplicity, and predictability, while avoiding excessive surcharges or complex rules that could slow transactions.
Property listings should be exempt from invitation to purchase rules
We have responded to the Competition and Markets Authority (CMA) on its draft price transparency guidance under the Digital Markets, Competition and Consumers Act 2024 (DMCCA). From 6 April 2025 the DMCCA replaced the Consumer Protection from Unfair Trading Regulations, so the CMA’s approach will shape day‑to‑day advertising for every agent. Our message is clear: property is different, and the guidance must reflect that.
Fair and practical approach is needed to rework holiday let tax rules
Propertymark has responded to the Welsh Government’s consultation, which looks at changes to the way holiday lets are assessed for business rates and Council Tax. The consultation considers averaging days let over multiple years, recognising charitable donations, and introducing transitional arrangements for properties moving from non-domestic rates to Council Tax.
Bold Budget is needed for resilient housing sector
Propertymark has responded to the Welsh Government’s Draft Budget for 2026–27 with a warning that without tax reform, the continued loss of landlords will deepen affordability issues for tenants and increase pressure on local authorities to house more people in the social sector. A vibrant private rented sector (PRS), alongside investment in social and affordable housing, is essential to meet demand and ensure all people in Wales have access to decent and secure homes.
UK-wide alignment a must for rental data
Responding to the Office for National Statistics’ (ONS) consultation on the Price Index of Private Rents (PIPR), Propertymark urges better alignment of UK-wide rental data, the use of achieved rather than advertised rents, and faster income statistics to strengthen affordability analysis. Clearer explanations of methodology are needed, as well as greater transparency around Rent Officer data, and quicker publication to make the index more useful.
Unaffordable AML fees could drive greater non-compliance
Propertymark has responded to HMRC’s consultation on plans to increase the fees it charges businesses it supervises under the Money Laundering Regulations, warning that higher costs could affect small, independent agents hardest and risk undermining compliance. Proposals include raising the annual premises fee from £300 to £400, reintroducing a £400 application fee, and restructuring penalty charges into a new sanction regime with fines of up to £2,000.
Wales must learn from mistakes in England to polish Building Safety Bill
Stage 1 scrutiny of the Bill is underway in the Senedd Local Government and Housing Committee, and Propertymark is set to give evidence in person on 9 October. We have also submitted written feedback, outlining how the legislation can be improved to ensure it achieves its aims.