Lower property taxes, faster tribunal decisions, and support to improve homes must be central to Scotland’s 2027–28 Budget. We recognise the pressure on public finances. However, raising taxes further risks holding back growth and adding to the escalating costs for landlords, tenants, and homeowners.

The capital’s draft planning strategy proposes more than half a million new homes over ten years, alongside investment in infrastructure, commercial space, and greener neighbourhoods. We support these ambitions, but our members’ experience across London’s property sectors highlights the gap between identifying land for housing and delivering homes that can be financed, built, and occupied. We have called for a more practical approach to delivery that gives greater recognition to the role of the private rented sector and existing buildings.

Party Leader Zack Polanski's speech and wider conference policy discussions have outlined a series of housing and property proposals, including plans for a three-year cap on private rents, increased investment in social housing, and wider reforms aimed at addressing housing affordability. Propertymark supports policies that improve access to safe, secure, and affordable housing. However, we continue to oppose rent control measures that risk serious unintended consequences for people seeking suitable homes.

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.

A first wave of almost £10 billion will support more than 70,000 social and affordable homes across England, with regional mayors gaining greater influence over housing investment and major planning decisions. The UK Government says future funding will prioritise Social Rent and council housebuilding as it works towards delivering the largest council housebuilding programme since the early 1980s.

The proportion of owner-occupiers has changed little over the past decade and remains below its 2003 peak, while high prices, large deposits, and a weak development pipeline continue to restrict access for first-time buyers and suppress mobility for those already on the property ladder. New planning rules may help, but government and industry evidence supports Propertymark’s position that wider reform is needed across housebuilding and the buying and selling process to restore adequate supply and revitalise the market.

Propertymark has written to Baroness Sherlock, OBE, Minister of State at the Department for Work and Pensions (DWP), calling for action to ensure housing support matches real rents, following her statement that local authority Crisis and Resilience Fund housing payments are available to private tenants who cannot meet their rent. The Fund is a welcome safety net for people facing short-term financial difficulties; however, one-off crisis payments cannot replace adequate levels of Local Housing Allowance to meet ongoing rental costs.

Schemes designed to help people buy and renovate homes are expected to help up to 400 additional households purchase new-build properties and support bringing as many as 300 long-term empty homes back into use. Mortgage assistance will also remain available to eligible existing homeowners experiencing financial difficulty.

Responding to the UK Government’s consultation, our primary concern is the practicality of identifying and valuing properties that would be subject to the High Value Council Tax Surcharge (HVCTS). Many high-value homes have not been sold for several years, meaning accurate valuations cannot be based solely on online estimates or market appraisals.

Propertymark has responded to the Northern Ireland Housing Executive's consultation on proposed changes to the House Sales Scheme. Whilst reforming the scheme is the right approach, we urge the Housing Executive to protect social housing supply while maintaining opportunities for home ownership.

The UK Government is implementing a major overhaul of the Right to Buy scheme, including increasing minimum tenant eligibility to 10 years, cutting the maximum discounts to 15%, and introducing a 35-year exemption for new builds. These reforms aim to stop the rapid depletion of social housing stock, allowing councils to retain and rebuild homes, with 100% of sales receipts available for investment starting in 2026–27.

The UK has more than 359,000 homes sitting empty for over six months. Long-term vacancy represents a wasted asset at a time of acute housing need, while also contributing to social decline, increased maintenance costs, and reduced local investment. A more strategic, well-resourced approach is essential to bring empty properties back into use and support thriving, sustainable communities.

With elections to the Senedd approaching, we have set out clear priorities for the next Welsh Government to support a stable, professional and sustainable housing sector. Our new manifesto, published in Welsh and English, outlines practical steps to increase supply, raise standards and support property professionals, while ensuring consumers are protected.

With Holyrood elections set for 7 May 2026 and a national housing emergency declared in 2024, we have set out what the next Scottish Government must do to support a stable, affordable and functioning property market. Our manifesto focuses on practical reforms that increase supply, improve affordability and strengthen professional standards — shaped directly by member insight.

The UK Government’s Affordable Homes Programme annual report 2024 to 2025 underlines a simple truth: affordability won’t improve without more homes being built and a system that helps people move. This is why we’re campaigning for delivery that matches local needs, better mortgage access for first-time buyers, and reforms that reduce the pressure on the whole housing sector.

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.