Latest property news
Daily property news in the UK residential sector focused on estate and letting agency, property auctions and property managers.
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Japanese Knotweed ‘wipes billions’ off property values
The dreaded invasive plant typically knocks 5% off the price of homes, alarming research suggests.
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South coast agency converts to Your Move franchise
Fahren Estate and Lettings Agents has been based in Bournemouth since 2000 and will re-brand to Your Move Fahren.
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Draper London targets five-office expansion across the Capital
Draper London outlines plans to scale the business with up to 20 hires and new branches in the pipeline.
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Suspended prison sentence handed to abusive landlord
A court heard there were abusive messages, threats that the bailiffs were coming and that the rent was being increased.
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Letting agents face Renters’ Rights Act ‘storm’ as tenant uncertainty peaks
Research from Rightmove points to huge uncertainty among renters ahead of the Act coming in this week.
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Rent insurance rules lock out zero-hours tenants from market
Tribunal case highlights how landlords’ choice of tenants is increasingly being dictated by rent guarantee criteria.
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Wave of last-minute instructions as landlords sell ‘entire portfolios’
The Renters’ Rights Act makes property investments no longer viable, according to Thackray Williams’ Mustafa Sidki.
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Sellers slash prices by 22% to get deals over the line
Access Legal’s Mike Connelly says it is currently the “strongest buyer's market in a generation".
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Chancellor looks to bring in rent controls as cost of living soars
It is reported that Reeves and her fellow Cabinet ministers are alarmed by inflationary pressures caused by the Iran war.
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Flats are falling out of favour
First-time buyers are opting for larger homes rather than flats, according to David Fell, Lead Analyst at Hamptons.
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