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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East London landlord hit with £14,600 rent repayment order
Managing agent of unlicensed HMO accused of cutting off the electricity, illegally attempting to increase rent and threatening to throw…
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Savills reports strong year with revenue up 6.1%
Group CEO Simon Shaw says uncertainty about the Autumn Budget slowed UK market activity for much of the year before…
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Property management sector value to hit £38bn
Compliance demands push more landlords towards professional management services, says Rushbrook & Rathbone boss Roma Sharma.
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Prices plateau as sealed bids and gazumping of two years ago vanish – RICS agents
Responding to the latest RICS survey, estate agents reveal what is happening in the housing market on the ground.
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Campaign call for landlord protections is rejected by the Government
Every recommendation in a petition with more than 15,000 signatures that supported measures to help landlords, is dismissed by Government.
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Ground rent cap will give landlords £8.7bn windfall
Leasehold reforms are likely to have unintended economic consequences, warns former Treasury economist Martin Beck.
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Mortgage market suffers ‘worst turbulence’ since Truss Mini-Budget
Experts warn mortgage rates are climbing at the fastest pace since the Mini-Budget delivered by Kwasi Kwarteng in 2022, due…
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Global headwinds weigh on housing market confidence, warns RICS
Forward-looking sentiment has turned more cautious, although twelve-month expectations "remain positive", says RICS analyst Tarrant Parsons.
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Renting a home is the “easiest’ it has been for six years, claims Zoopla
Rents have become more affordable, while competition among tenants for properties has eased, despite the looming Renters' Rights Act.
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Time-saving AI praised by Prime London agency
In-house AI assistant saves Jefferies London brokers around 10 hours a week in admin time.
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