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 still reluctant to go pet-friendly as Renters’ Rights Act looms
New data reveals only a marginal rise in pet-friendly rental listings ahead of rule changes in May.
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OnTheMarket claims to be fastest growing portal
Jason Tebb at OnTheMarket says the number three portal is on course to replace Rightmove as the number one.
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Asking prices rise fastest in less desirable areas – new data
Colleen Babcock at Rightmove says the cheapest locations, especially in the North and Scotland, are seeing the largest increases in…
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Government finally sets ground rent cap at £250
Sir Keir Starmer makes announcement on leasehold reforms on TikTok as party tensions rise over delays.
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Underlying Operating Profit up 15%, as LSL hits record margins
Disciplined cost control, strategic progress and accelerated revenue and profit in the second half of the year drive “positive progress,”…
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“Cold feet” scuppers more property sales than bad surveys – but is fixable
LRG calls on ministers to back binding offers and upfront property reports to cut fall-throughs.
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London housebuilding collapses by 84% in a decade
Rising build costs and a weak sales market mean contractors are “going bust” and thousands of London homes have been…
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Two property firms expelled by TPO for “failure” to pay compensation awards
The Property Ombudsman says the non-payment of compensation awards is rare for its members, with 99% compliance rate.
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Spicerhaart ‘forges’ new employment model for estate agents
Forge gives agents self-employed-style autonomy but with a salary, benefits and full backing from the national group.
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HMRC Stamp Duty investigations double in a year
Angela Rayner case has increased scrutiny of the accuracy of Stamp Duty payments, with the taxman recovering £201m in just…
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