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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Suspended prison sentence handed to abusive landlord
A court heard there were abusive messages, threats that the bailiffs were coming and that the rent was being increased.
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Letting agents face Renters’ Rights Act ‘storm’ as tenant uncertainty peaks
Research from Rightmove points to huge uncertainty among renters ahead of the Act coming in this week.
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Rent insurance rules lock out zero-hours tenants from market
Tribunal case highlights how landlords’ choice of tenants is increasingly being dictated by rent guarantee criteria.
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Wave of last-minute instructions as landlords sell ‘entire portfolios’
The Renters’ Rights Act makes property investments no longer viable, according to Thackray Williams’ Mustafa Sidki.
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Sellers slash prices by 22% to get deals over the line
Access Legal’s Mike Connelly says it is currently the “strongest buyer's market in a generation".
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Chancellor looks to bring in rent controls as cost of living soars
It is reported that Reeves and her fellow Cabinet ministers are alarmed by inflationary pressures caused by the Iran war.
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Flats are falling out of favour
First-time buyers are opting for larger homes rather than flats, according to David Fell, Lead Analyst at Hamptons.
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Street releases “game-changer” AI tool for estate agents
Tom Staff, Co-founder at Street.co.uk, says 'Cortex' will communicate with all an agent's customers simultaneously with individual responses.
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Government denies eviction spike ahead of rental reforms
Landlord Action founder Paul Shamplina says the Government is in ‘total denial’ about rise in tenant evictions.
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Lender calls for reform after Stamp Duty tax take hits £15.2bn
Out-of-date thresholds are dragging more buyers into the Stamp Duty tax net, says Coventry Building Society’s Jonathan Stinton.
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