Latest News

Winter weather precautions

20 January 2021

Propertymark Industry Supplier, Gallagher offers practical steps that can help agents and their clients reduce the risk of damage to property as areas of the nation are set to see further warnings of more inclement weather to come. Damage caused by the escape of water from frozen pipes and other equipment can be extremely costly in repairs and disruption. Read More...

Concerns raised over new energy efficiency proposals

20 January 2021

Propertymark has responded to the UK Government’s consultation on Improving the Energy Performance of Privately Rented Homes in England and Wales by highlighting a number of concerns. These relate to affordability and the need to look beyond a one-size fits all policy and develop proposals that work with the different age, condition, and size of properties in the private rented sector. Read More...

Change smoke and carbon rules for earlier checks

19 January 2021

Propertymark has responded to the UK Government’s consultation on extending the Smoke and Carbon Monoxide Regulations in England, arguing that the rules should be amended so that landlords and agents must make sure the alarms are tested prior to the start of the tenancy and not on the first day of each new tenancy. Read More...

Tenancy Saver Loan Scheme launched in Wales

Wednesday 07 October 2020

The Welsh Government has today, 7 October, opened applications for its Tenancy Saver Loan Scheme for tenants in the private rented sector (PRS) facing rent arrears or those who are in rent arrears as a result of COVID-19.

The Scheme provides access to a one per cent APR interest, affordable loan which can be repaid over a period of up to five years and paid directly to the agent or landlord once the application has been successfully processed. The loan is based on the tenant’s ability to repay and they will be able to borrow up to the maximum amount of rent arrears owed, or for future rental periods, provided it remains affordable to them.

How tenants can access the scheme

Agents can signpost tenants to the Scheme with a range of routes:

Applications for the Scheme will be accepted until 31 March 2021.

Other options for tenants

Agents should speak to tenants to discuss the possibility of agreeing a repayment plan directly. Tenants can also contact the Citizen’s Advice Cymru Private Rented Sector helpline on 0300 330 2177, for free, confidential, independent advice on ways tenants can maximise income and manage debt – with a view to helping pay rent so they can remain in their homes.

Download the Welsh Government's FAQS to find out more about the scheme.

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The launch of this Scheme is good news for the sector and will help sustain tenancies and keep the rent flowing across Wales. Throughout the pandemic, ARLA Propertymark has highlighted issues affecting letting agents and campaigned for additional support, so it is really positive that the Welsh Government has listened and taken action.

Agents in Wales should continue to work closely with landlords and tenants and raise awareness of the scheme to ensure that tenants who need help during this challenging time, receive it.

Timothy Douglas

Timothy Douglas
Policy and Campaigns Manager