Property News
Latest news, advice, and insights for UK property professionals
Report Highlights Change in North-South Rental Yield Gap
A report covered by Letting Agent Today notes a shift in the North-South gap on rental yields, citing data from Fleet Mortgages.
Buyer Demand Drops as Agents Urged to Focus on Buyers, Not Just Sellers
Zoopla reports a 10% year-on-year drop in buyer demand, while Rightmove notes buyer choice is at its highest since 2015. Agents are being advised to prioritise buyers in the current UK property market.
New Campaign Renews Debate Over Rent Controls in UK
A new campaign has launched, bringing the issue of rent controls back into focus for UK letting agents and property professionals.
Central London Lettings Agency Acquired by AI-Fuelled Brokerage
A brokerage firm has acquired a central London lettings agency that also handles sales, according to Letting Agent Today.
Letting Agent Awaits Sentence After Court Hears of Drug Property Network
A letting agent is awaiting sentencing after a court heard details of a drug property network linked to Condor Estates, following a police investigation.
Landlord Sales Slow as 12-Month Re-Letting Ban Impacts Market
Landlord sales have slowed as a 12-month re-letting ban makes selling more difficult, with landlord purchases exceeding sales for the first time in seven years.
UK Room Rents Rise Again as Affordability Concerns Grow
Average UK room rents have increased to £761 per month, with a 0.5% rise over the past year and nearly 7% growth in three years, according to SpareRoom data.
Letting Agents Urge Landlords to Prepare Rentals for Ongoing Heatwave
Estate agents are urging landlords to check ventilation and airflow in rental properties as the UK heatwave continues, with advice for tenants to use fans safely.
Government Proposes First Time Buyer ISA to Replace Lifetime ISA
The government has proposed replacing the Lifetime ISA with a First Time Buyer ISA, aiming to simplify savings for first-time buyers. Industry figures say affordability remains a key challenge.
Rightmove Hosts Webinar on New Rent-Setting Rules for Letting Agents
Rightmove is holding a webinar to guide letting agents through new rent-setting requirements under the Renters’ Rights Act, with practical advice from industry consultant David d’Orton-Gibson.
iamproperty Launches 'Sale Ready' Tool to Speed Up Property Transactions
iamproperty has launched 'Sale Ready', a new service for estate agents to prepare sales transactions earlier by providing key property information and legal documents at listing.
Brexit’s Impact on UK Housing Market Remains Divisive After Ten Years
A decade after the Brexit referendum, the UK property industry remains split on its impact, with new research showing half of Britons believe Brexit has harmed the housing market.