Nearly half of student landlords plan to market properties later than usual following implementation of the Renters' Rights Act. Research covering 7,400 student properties shows 45% intend to delay traditional marketing schedules due to Ground 4A provisions. The post Student lettings market faces timing shift under new law appeared first on...
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Property software provider Reapit has integrated with Just Move In, an AI-driven home move service, in a partnership that aims to reduce administrative workload for estate and letting agents. The platform can reduce change of occupancy administration by up to 90%, potentially saving property managers an average of 19 hours per month. The post Reapit integrates AI home move service for estate agents...
LRG has completed the acquisition of three established estate agencies, expanding its national network to approximately 340 branches operating under 27 brands. The group has acquired Midlands-based Doolittle & Dalley, London agencies Farrar & Co and Principia Estate and Asset Management. The post LRG expands to 340 branches with three acquisitions appeared first on...
The House Group has launched a lettings division across Wiltshire, Gloucestershire and Hampshire, appointing Tom Smith as Lettings Manager. The service offers three tiers and is structured to comply with the Renters' Rights Act 2025. The post The House Group expands into lettings across three counties appeared first on...
UK residential property transactions fell 2% in May, marking the second consecutive monthly decline, according to HMRC data. Seasonally adjusted transactions dropped from 100,440 in April to 98,450 in May, with industry experts citing mortgage rate pressures and political uncertainty as key factors dampening market activity. The post UK housing transactions decline for second consecutive month appeared...
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 analysis reveals significant regional variations, with London agents earning £60.37 per day compared to £19.81 in the North East. The post Estate agents earn £30.93 per day during property sales appeared first on...
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. Bank of England data showed net mortgage approvals for house purchases decreased to 56,200 in May, below the six-month average of 63,300. The post UK housing transactions forecast downgraded on rate...
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. Three in five homes listed for sale since January remain unsold, as higher mortgage rates and political uncertainty weigh on market activity. The post UK housing market weakens as sales fall 7% year-on-year appeared first on...
Analysis from Rightmove shows the average UK asking price of £378,000 can purchase a five-bedroom house in Scotland and northern England, but only a studio or one-bedroom flat in several London boroughs. The data highlights significant regional variation in property value across the country. The post Average UK home price buys five beds or studio flat appeared first on...
Only 6% of buyers actively seek properties requiring significant renovation, according to research from property group LRG. A survey of more than 700 buyers and sellers found that 53% would not take on major renovation work at all, with first-time buyers showing the most notable shift away from doer-uppers. The post Renovation properties lose appeal as buyers seek move-in homes appeared first on...