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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Landlords and tenants £16k ‘out of pocket’ after ombudsman expulsions
Agencies expelled by The Property Ombudsman still owe complainants thousands despite being thrown out of the scheme.
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Major property franchise firm sees shares plunge as profits suffer
Winkworth experiences a drop in its share price of 8% so far this year, after its profits fell 11% in…
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Rent control campaigners march in central London
Day of protest sees tenant groups and unions come together to demand an end to “soaring rents”.
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Second homes tax loophole may be closed
The Government is considering giving local authorities additional powers to help strengthen council tax rules, according to Housing Minister Matthew…
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Three-quarters of landlords miss digital tax sign-up deadline
HMRC figures reveal landlords and sole traders’ lack of knowledge about tax rule changes, says Josh Toovey of IPSE.
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Many estate agents ‘fail to check buyers have funds in place’
Nearly a third of homebuyers do not have funds in place when they make an offer, and many agents are…
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Homebuyers see boost in ‘negotiating power’ amid jump in listings
Yopa's Verona Frankish says the property market is showing real signs of growth this year, with the number of homes…
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Have eye-watering borrowing costs finally peaked?
Mortgage pricing may have peaked amid the first week-on-week fall in average fixed mortgage rates since the Iran conflict began,…
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Repossessions up 10% as pressure mounts on landlords’ finances
“Tough times ahead for landlords,” as profits are squeezed by rising costs and tighter regulation, says Moneyfacts’ Rachel Springall.
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House prices hold firm in face of global headwinds, Rightmove data shows
Rising inflation fears and higher borrowing costs limiting growth in asking prices, says portal's property expert Colleen Babcock.
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