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Propertymark calls for simpler Right to Rent guidance

Propertymark has called on the Home Office to simplify its draft Right to Rent guidance, warning that current regulations are too complex for letting agents to implement effectively. The professional body submitted its response to a government consultation, highlighting that existing guidance fails to adequately address the operational realities of letting agents who conduct checks on behalf of...

West Midlands lettings firm adds block management service

Partridge Homes, a West Midlands-based lettings agency, has appointed two senior staff members as it prepares to launch a block management division later this year. The Solihull and Yardley-based firm has hired Nicola Hall and Sarah Bannister ahead of the autumn 2026 launch. The post West Midlands lettings firm adds block management service appeared first on...

Government to ban landlords from holding tenant deposits

Landlords and letting agents will no longer be permitted to hold tenants' deposits in their own bank accounts under reforms planned by the government. Housing minister Matthew Pennycook has confirmed plans to abolish insured tenancy deposit schemes, requiring all deposits to be held within custodial schemes managed by approved deposit protection providers. The post Government to ban landlords from holding...

UK housing market shows mixed signals as sales fall 6%

The UK residential property market recorded 572,000 homes sold subject to contract in the first 23 weeks of 2026, representing a 6% decline compared to the same period in 2025. Despite the year-on-year decline, sales volumes remain 1.7% higher than 2024 and 11.9% above 2023 levels. The post UK housing market shows mixed signals as sales fall 6% appeared first on...

UK property market faces pricing pressures amid weak demand

The UK property market is experiencing significant pricing pressures as geopolitical uncertainty and economic headwinds dampen buyer activity. Agreed sale prices are falling sharply in mid-to-upper market segments, with some properties selling 12% below asking prices. The post UK property market faces pricing pressures amid weak demand appeared first on...

Five property firms expelled for failing to pay awards

The Property Ombudsman has expelled five property businesses from its scheme following their failure to pay compensation awards issued against them after consumer complaints. The expulsions, which affected Devon Block Management Limited, Pro Investment Properties Ltd, RPS Estates, Samuel Francis & Co, and We Sell Lets, were approved by the scheme's independent Finance, Performance & Compliance...

Flat-house price gap reaches 30-year high in UK

The price differential between flats and houses has reached its widest point since records began 30 years ago, with houses appreciating 43% since 2016 compared to just 10% for flats. The gap is most pronounced in the West Midlands at 2.5 times, whilst Scotland shows minimal change due to different ownership structures. The post Flat-house price gap reaches 30-year high in UK appeared first on...

Property sales agreed fall 8% as new listings hit record

Property sales agreed in the UK fell 8% in May compared to the same period last year, according to new data from TwentyEA, though the decline was offset by a record number of new property listings coming to market. The data shows that sold subject to contract volumes dropped to 109,922 in May, down from 119,607 in May 2025. The post Property sales agreed fall 8% as new listings hit record appeared first on...