Editor's note: This brief was summarised by The Property AI Team from a report by Property118. Read the original article for full details.
Propertymark Urges Welsh Government to Back Landlords in Upcoming Budget
Propertymark has called on the Welsh government to support investment in the private rented sector and to avoid introducing further regulation in the upcoming Welsh Budget. The industry body made its representation in response to the Senedd's consultation ahead of the publication of the Draft Budget on 17 November 2026.
What Propertymark Is Asking For
Propertymark is urging the Welsh government to increase housing supply and to provide financial support for the sector. The industry body's submission forms part of the consultation process that precedes the Draft Budget's publication.
What It Means for Letting Agents
For letting agents and inventory clerks operating in Wales, the outcome of the Budget could shape the regulatory and investment environment for the private rented sector. Any further regulation would add to the compliance burden agents and landlords already carry, while measures to increase housing supply and financial support could affect the availability and management of rental stock.
Agents with portfolios in Wales should monitor the Draft Budget when it is published on 17 November 2026 to see how the Welsh government responds to the sector's representations.
Source: Property118