Property News
Latest news, advice, and insights for UK property professionals
Property Videos Generate Six Times More Impressions, Data Shows
Estate agents using professionally produced property videos on social media saw around six times more impressions than those using static images, according to PropertyBox data.
Jefferies London Acquires Grange London to Expand Prime Lettings Portfolio
Jefferies London has acquired Grange London, adding over 100 managed properties to its portfolio and expanding its presence in the prime London lettings market.
Landlord Sales Slow as Market Adjusts to Renters’ Rights Act
The proportion of homes listed for sale by landlords fell in June, as the market adjusts to the Renters’ Rights Act. Landlord purchases outpaced sales for the first time since 2019.
Pensioner Renters in UK Expected to Triple by 2044, Says ABI Report
A new report projects the number of pensioner renters in the UK will more than triple by 2044, posing challenges for landlords and letting agents.
Overpricing Leaves 44% of UK Homes Unsold Over Three Years
Zoopla data shows 44% of UK homes listed for sale in the past three years remain unsold, with estate agents citing overpricing as a key factor.
Tax Uncertainty Slows UK Property Market, Says North London Agent
A north London estate agent reports that uncertainty over potential property tax changes is now the main factor affecting UK housing market activity.
Property Management Fees Rise Sharply in Midlands Over Past Decade
Property management fees in the Midlands have increased by an estimated 53.9% over the past decade, according to new research reported by Letting Agent Today.
iamproperty Co-Founders Receive Honorary Degrees from Northumbria University
Jamie Cooke and Ben Ridgway, co-founders of iamproperty, have been awarded honorary degrees by Northumbria University for their contributions to property and technology.
Tories Reject Burnham’s Proposed Land Value Property Tax
Shadow Chancellor Mel Stride has dismissed Andy Burnham’s proposed Land Value Tax, warning it would mean a significant tax rise on family homes. The Conservatives have pledged to abolish Stamp Duty instead.
Property Taxes Now Greater Concern Than Middle East Conflict, Says Agent
A London estate agent reports that concerns over property taxes are now a bigger issue for buyers and sellers than the Middle East war, with particular focus on potential changes under Andy Burnham.
Landlords Face Surge in Pensioner Renters by 2044, ABI Report Warns
Letting agents and landlords could see a significant rise in pensioner tenants by 2044, with one in three pensioner households projected to be renting, according to new ABI figures.
Agent Warns Sellers Are Overpricing Homes Amid Changing Market
Thousands of UK property sellers are still setting asking prices based on pandemic-era market conditions, according to an estate agent. Increased supply and changing buyer demand are impacting sales.