Landlords face £20,000 fines over Right to Rent checks
Landlords and letting agents in England have until 1 October to update their Right to Rent procedures in line with new government guidance, with penalties of up to £20,000 per…
Estate agent CRM providers integrate AI to automate tasks
Customer relationship management systems used by estate agents are being transformed by artificial intelligence, according to software providers serving the UK property sector. The technology is being deployed to automate…
Think tank proposes national rent stabilisation scheme
The Institute for Public Policy Research (IPPR) has proposed a national rent stabilisation scheme designed to limit rent increases whilst addressing supply and investment concerns typically associated with rent controls.…
Average UK home price buys five beds or studio flat
New analysis from Rightmove has highlighted the significant regional variation in what the average UK asking price of £378,000 can purchase across different parts of the country. The property portal’s…
Renovation properties lose appeal as buyers seek move-in homes
The appetite for properties requiring significant renovation has declined sharply, with only 6% of buyers actively seeking such projects, according to research from property group LRG. A survey of more…
Burnham proposes major council housebuilding programme
Andy Burnham has outlined plans for a large-scale council housebuilding programme in his first major speech in Manchester, targeting what he described as Britain’s housing crisis. The proposal centres on…
UK housing market weakens as sales fall 7% year-on-year
The UK housing market has continued to soften, with sales agreed down 7% year-on-year and buyer demand falling 15%, according to the latest Zoopla House Price Index. The data reveals…
Estate agents earn £30.93 per day during property sales
Estate agents in the UK generate an average of £30.93 per day in commission whilst progressing a property sale from instruction to completion, according to research from eXp UK. The…
UK housing transactions forecast downgraded on rate volatility
UK housing transactions are expected to fall below initial forecasts for 2026, according to analysis from Zoopla, as mortgage rate volatility and economic uncertainty continue to impact buyer activity. Richard…
Specialist lender completes £3.1m Essex bridge facility
Specialist property lender Glenhawk has completed a £3.1 million bridging finance facility secured against three residential properties on a private estate in Essex, as the homes are marketed for sale.…