Rightmove shares drop 10% amid fee dispute with agents
Rightmove’s share price has declined 10% over the past week as the property portal faces criticism from estate agents over proposed fee increases of up to 18% for 2025. The…
UK landlords face April deadline for digital tax reporting
HMRC has issued a reminder to 864,000 landlords and sole traders that new digital tax reporting requirements will take effect in April 2026, with property owners earning rental income above…
UK average house price crosses £300,000 threshold
The average UK house price reached £300,077 in January, marking the first time the threshold has been exceeded, according to data from Halifax. The figure represents a 0.7% monthly increase…
Greenwich residents win tribunal over £200,000 heat network bill
Leaseholders at a Greenwich development have successfully challenged a £200,000 retrospective heating bill at a property tribunal, highlighting regulatory gaps in the UK’s heat network sector that affected up to…
Second home owners shift to holiday lets amid tax changes
Property owners are increasingly converting second homes into short-term holiday lets following council tax reforms introduced in 2025, according to housing campaign group Generation Rent. The organisation has called on…
Fine & Country plans expansion into five new markets
Estate agency network Fine & Country has announced plans to expand into at least five new international markets during 2026, marking what the company describes as an acceleration of its…
Transaction costs creating ‘affordability trap’ in UK market
The UK housing market is experiencing a freeze caused by accumulated transaction costs rather than house prices alone, according to David Powell, CEO of Andrews Property Group. Powell argues that…
London rent affordability improves as wages outpace costs
Renters in London are spending an average of 49.5% of their monthly income on rent, though the proportion has decreased since 2024 due to wage growth outpacing rental increases, according…
February listings show highest sale rates, Rightmove finds
Properties listed in February have the highest likelihood of finding a buyer, according to analysis of UK property portal data spanning a decade. Rightmove examined millions of homes listed between…
GB Bank provides £6.15m bridge for Uxbridge property
GB Bank has completed a £6.15 million bridging facility for a commercial property in Uxbridge, west London, allowing the borrower to refinance existing debt whilst arranging development finance. The loan…