As the built and natural environment remained high up the agenda at Westminster ahead of recess, RICS continues to influence policy and legislation in the public interest. In July, there were significant developments across housing, building safety, leasehold reform, and commercial property. The strong voice of the profession is still as vital as ever.
A major event in the calendar was the Fabian Society Housing Summit hosted at RICS HQ. The event brought together industry leaders, members, and policymakers to explore solutions to the UK’s housing challenges. Attendees heard directly from the Minister for Housing and Planning Matthew Pennycook and the Minister for Energy Consumers Miatta Fahnbulleh, who welcomed the profession’s insights on sustainable development, energy efficiency, and housing delivery.
RICS provided expert evidence to Parliament, including:
We also engaged with MPs and peers across the political spectrum—including Government, the Shadow Cabinet, Liberal Democrats, and Reform UK—on key issues such as leasehold reform, commercial rent policy, and building safety.
RICS welcomed the Government’s latest leasehold reform proposals as a significant step toward raising standards and improving transparency in the sector. We emphasised accountability and professionalism in property management, highlighting that mandatory qualifications for managing agents will help build leaseholder confidence. RICS reaffirmed its commitment to supporting proportionate, meaningful reform and noted that around 30% of leasehold properties are managed by RICS-regulated firms.
RICS CEO Justin Young stressed that qualifications alone are not enough and that RICS is ready to collaborate with the Government to deliver lasting improvements.
The English Devolution and Community Empowerment Bill proposes banning upwards-only rent reviews in new commercial leases.
While lease structures have evolved to be more flexible, we have highlighted the need for clarity, transparency and ease of use for rent review provisions, as outlined in the RICS Code for Leasing Business Premises (1st Edition, 2020). The standard states that review clauses should be clearly expressed, including the proposed frequency and the method of review.
RICS will continue to engage with members and stakeholders in response to the legislation.
We responded to the Housing (Scotland) Bill Consultation, arguing against the inclusion of Rent Control measures which could have serious repercussions for the PRS sector in Scotland as well as inadvertently impacting tenants by shrinking the supply of rentals in Scotland.
We welcomed the introduction of the Building Safety Wales Bill, which aligns with our calls for a consistent, risk-based approach to safety across the UK. Read more here.
In the coming months, RICS will be responding to several major government consultations, including:
If you would like to contribute insights or get involved in our advocacy work, please contact Sam Rees, Interim Head of Public Affairs UK&I at srees@rics.org