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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INDUSTRY REACTION: Base rate raised to 5.25%
Warnings went unheeded by Governor Andrew Bailey and Monetary Policy Committee that another rate rise would risk damaging the UK’s…
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Belvoir revenues rise as group outperforms market
CEO Dorian Gonsalves reports the Group’s property division saw a 4% increase in core management service fees, with strong lettings…
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Complaints about property firms rise by 15% TPO figures show
Rebecca Marsh of the redress scheme says it nevertheless reduced the number making it to formal complaint stage via early…
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Housing market ‘facing 5-6% hit this year…and next’, leading agent predicts
Tom Bill at Knight Frank told the BBC the property industry is being attacked from "all sides at the moment".
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Tory senior shares concerns over Renters (Reform) Bill with estate agent
Former Chancellor, Nadhim Zahawi, promises to take landlords’ concerns to the top after meeting with Midlands-based land and property agent…
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Too many broken promises ‘could break conveyancing system’
The Council for Licensed Conveyancers is receiving so many complaints about undertakings being breached that there is a risk of…
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Interest rates are expected to be cranked up today – but is that the right thing to do?
Trevor Abrahmsohn says it is folly to increase interest rates today without giving the last 13 increases a chance to…
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Estate agency slams Government over ‘too few’ newbuilds in London
The Capital has the worst figures for new home completions over the last 10 years, eXp UK says, claiming Ministers…
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Average rent rockets 20% in a month to ‘staggering’ new record
Research by Goodlord shows the average rental is now above £1,300 per month, nearly 10% higher than the previous record.
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Northern council latest to consider property licensing for agents and landlords
North Lincolnshire Council is consulting on a scheme that will reign in crooked landlords who are currently getting away with…
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