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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Valuation leads for agents up 50% year-on-year – Rightmove
Portal says its new valuation tools and AI updates are enabling it to predict potential sellers earlier.
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Lettings agency boss spared jail for fraudulent transfer from failing company
Creditors left unpaid after letting business Dylan Lettings Worldwide Ltd went into liquidation, with just £3.48 left in the bank.
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Landlords spend four working days a month managing property
Landlords commit significant ‘sweat equity’ to their rentals, even when using letting agents, according to Mark Long, Founder of Pegasus…
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Courts with longest wait times for eviction cases named and shamed
Landlords have to wait up to 16 weeks in some cases, especially in London and Birmingham, and it's likely to…
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Big jump in residential auction sales this year
Latest industry figures reveal a huge increase of 53% in properties sold under the hammer in January.
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Poor council licensing practice risks double prosecutions, landlords warned
Landlord defence lawyer says councils are copying national housing laws directly into property licence rules, exposing landlords to 'double jeopardy'.
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Inflation fall boosts hopes for interest rate cut
Markets are betting on a March cut after January CPI drops from last month’s 3.4% to 3% and cost pressures…
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Labour MP calls for more tracking of short lets
Ninety-day London limit is unenforceable without adding nights-let data to the Government’s planned national register, says MP Rachel Blake.
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Mortgage payments fall more than £100 – Rightmove
The latest Rightmove tracker reveals an average mortgage payment £119 per month cheaper than at the same time last year.
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Connells sees revenue and profit jump
CEO Helen Charlesworth reports revenue up 9% to £1.16 billion and profit before tax up 19% to £73.1 million.
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