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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First-time buyer hotspots see asking prices up 18%
The first-time buyer hotpots have been revealed by Rightmove, with the portal's Colleen Babcock saying affordability is key.
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Rents in cheapest areas jump 5%, Zoopla data reveals
New figures show rents in the most affordable locations leapt more than twice the average national rate.
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Bruce’s shock return to Purplebricks confirmed
It's official - Michael Bruce is back at Purplebricks as a director, seven years after stepping down as Chief Executive.
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Rightmove set for FTSE 100 exit
FTSE Russell has confirmed Rightmove will join the FTSE 250 when index changes take effect on 22nd June.
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RE/MAX franchisee’s comparison advert ‘misleading’
Company failed to substantiate claims made about services offered by rival estate agents, says regulator.
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Influential group of MPs calls for Stamp Duty reform
Stamp Duty cannot continue in its current form, Communities and Local Government Committee warns ministers.
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Tenants forced to live as prisoners by drug gangs
The BBC found cases where people like Jackie were unable to leave home, which was used for drug dealing.
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Highest ever values recorded in Scottish property market
Total property sales in Scotland surpassed £24billion for the first time since records began more than two decades ago.
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Ground rent cap to be introduced a year early
The Government previously indicated that the £250 annual cap on ground rents would be introduced by late 2028.
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More than half of first-time buyers rely on ‘Bank of Mum and Dad’
Savills' Lucian Cook says more than half of first-time buyers need financial help from their families to purchase a home.
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