RICS: Housing activity softens – PropertyWire
Enquiries and sales both declined in July, signalling that we are currently experiencing a slower housing market. New buyer enquiries dropped by a net -6% while a net -16% saw…
Rental stock rises despite Renters’ Rights Bill concerns
Fears of a mass landlord exodus ahead of the Renters’ Rights Bill becoming law have yet to materialise, analysis from London lettings and estate agent Benham and Reeves has revealed.…
Trump factor warding off Brits from moving to the US
Fewer Brits are moving to the United States since Donald Trump stared his second term in late 2024. Since then, there’s been a dramatic 67% decline in Brits enquiring about…
East Midlands council ramps up spending to fix damp and mould issues
Newark and Sherwood District Council is anticipating the upcoming Awaab’s Law by spending more than £250,000 on dealing with damp and mould issues. The cash is being spent on an…
AI tool launches to automate tenant communication
An AI agent has been launched to automate tenant communications called WorkFlo, which has been developed by VerbaFlo. This is designed to replace tools like spreadsheets, email blasts and third-party…
Beach hut prices surge by up to 100%
The cost of beach huts has surged by 102.1% in three years in West Sussex, where the going rate is now £33,004. This asking price still pales in comparison to…
UK property sector struggling from lack of big-ticket deals
UK property investment volume slipped to a two-year low in Q2 – largely due to a lack of large-scale deals, Lambert Smith Hampton’s latest UK Investment Transactions (UKIT) report has…
Landlords see wave of fixed rate mortgages expire
Three in five landlords had to deal with their fixed rate buy-to-let mortgage maturing in the past two years, analysis from mortgage software company Pegasus Insight has found. Of this…
Amersham and Chesham the best area to retire
The Buckinghamshire towns of Chesham and Amersham have been ranked as the best places to retire by Legal & General’s retail business. This is based on factors like health and…
Remortgaging spikes in June – PropertyWire
The number of homeowners remortgaging reached a two-year high in June according to Bank of England data. They rose by 200 from the month before to 41,800 in June, the…