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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Ever-growing Lomond strengthens Scottish roots with acquisition
In its latest acquisition deal, Lomond has returned north of the border with the purchase of a significant residential lettings…
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Nationwide green lights ‘game changing’ 6x earnings FTB mortgages
In a bold move Nationwide will allow FTBs the largest income multiplier compared to its rivals, signalling a likely upturn…
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Huge new fines revealed for agents within Renters’ Rights Bill
Agents and landlords who don't comply with many of the measures within the Bill face fines of up to £40,000…
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Another loss year for Yopa in 2023, latest results reveal
In a self-described ‘challenging year’ Yopa’s revenue was down by nearly 20% when compared to 2022, prompting directors to predict…
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Estate agency to be ‘largest in Wales’ after buying 124-year-old rival
Jeffrey Ross has bought rival south Wales agency Brinsons, its third purchase in the last five years as it goes…
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BoE Governor downplays another base rate reduction
Andrew Bailey has warned that inflation must remain at its current low level before the base rate can come down…
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Broken chains cost estate agencies £1m a year each, claims report
Joint research by TwentyEA and ViewMyChain reveals the damage done to estate agencies' revenues if they are at bottom of…
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Labour reveals plans to overhaul EPCs ahead of 2030 upgrade deadline
Energy Efficiency and Net Zero government department says both EPCs and the MEES rules that underpin them need updating to…
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Labour’s housing plans ‘won’t help squeezed middle’
Rent to own platform chief points out there is no provision in Labour’s housebuilding plans to help young and first-time…
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Rightmove rejects latest takeover offer amid warnings of hostile bid
The board at Rightmove unanimously rejected a third offer from Aussie portal firm REA prompting more frustrated comments from REA.
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