Propertymark backs latest Welsh Labour leader

Eluned Morgan is set to be named First Minister of Wales in a move backed by estate agency trade body Propertymark.

Morgan became Welsh Labour leader yesterday after Vaughan Gething stepped down last week after a few months in the role following a political scandal and cabinet resignations.
She is set to be approved as First Minister of Wales.

Nathan Emerson, chief executive of Propertymark, said: “We hope that this is the beginning of a period of stability for the Welsh politics in general.

“Should the Senedd confirm her as First Minister, Propertymark is keen to see Baroness Morgan place housing as a key priority for Welsh Government. Aspects such as delivering sustainable housing must be front and centre of their commitment moving forward.”

Propertymark has suggested extending Help to Buy to the second-hand housing market would increase home ownership, adding: “Baroness Morgan should also prioritise bringing forward the Welsh Government’s delayed white paper on fair rents and adequate housing if she is serious about tackling Wales’s housing crisis.

“The new First Minister must realise that rent controls are not the answer when it comes to the long term stabilisation of rents. Instead, the Welsh Government should enhance their overall relationship with the private rented sector to enhance current housing supply by reviewing property taxation and available support in providing high quality accommodation.”