Property News
Latest news, advice, and insights for UK property professionals
Landlords Respond to Political Uncertainty and Proposed Land Tax
Landlords are reconsidering their property portfolios amid political uncertainty and renewed discussion of a potential land tax, according to Property118.
Labour Minister Criticised Over Right to Buy Council House Profit
A Labour minister has faced criticism after reportedly making a 900% profit on a council house bought under the Right to Buy scheme, according to Property118.
Government Says Courts Ready for Renters’ Rights Act Changes
The government states that courts have enough capacity to handle the Renters’ Rights Act, which came into force on 1 May and ends Section 21 evictions.
Reapit Integrates AI Home Move Service for UK Letting Agents
Reapit has partnered with Just Move In to offer an AI-driven home move service, aiming to reduce administrative workload and generate revenue for UK estate and letting agents.
LRG Grows to 340 Branches with Three New Acquisitions
LRG has acquired Doolittle & Dalley, Farrar & Co, and Principia Estate and Asset Management, expanding its UK network to around 340 branches.
Student Lettings Market Faces Timing Shift Due to New Law
Nearly half of student landlords plan to market properties later than usual due to the Renters’ Rights Act and Ground 4A, according to research covering 7,400 student properties.
TAUK, RLB and MAPP Announce Senior Appointments Across UK Property Sector
TAUK, RLB, and MAPP have each announced senior appointments, expanding their teams across the UK property sector. The moves include new leadership in agency, sales, marketing, and surveying.
Nationwide Reports UK House Price Growth of 2.2% in June
Nationwide's June House Price Index shows UK annual house price growth rising to 2.2%, with Northern Ireland leading regional increases.
UK Housing Market Slows as Buyer Demand Drops and Sales Stall
Three in five homes listed since January remain unsold as buyer demand falls and higher mortgage rates impact affordability, according to Zoopla's latest House Price Index.
Section 21 Abolished: Landlords Must Use New Eviction Process
Section 21 evictions have been abolished in England, requiring landlords to use amended Section 8 grounds and comply with new documentation and evidence rules.
UK Housing Transactions Fall for Second Month, HMRC Data Shows
UK residential property transactions dropped 2% in May, marking a second consecutive monthly decline, according to HMRC data reported by PropertyWire.
The House Group Launches Lettings Division Across Three Counties
The House Group has launched a lettings division across Wiltshire, Gloucestershire, and Hampshire, appointing Tom Smith as Lettings Manager. The new service offers three tiers and uses PayProp for client accounting.