Latest news, advice, and insights for UK property professionals
LSL Property Services reports group revenue up 3% to £92.3m and underlying operating profit up 11% to £15.9m, with lettings income helping offset a 4% fall in transactions.
An official audit found the Help to Buy scheme delivered £25bn of social value last year, boosting calls for Labour to create its own version.
Landlords who bought with bridging loans face potential shortfalls as buy-to-let rates climb, with average two-year rates now at 5.36%.
AI vision models can now flag damage, wear and cleanliness issues directly from inventory photos, cutting report turnaround from days to hours. This explainer covers how the technology works, where it fits within UK deposit dispute requirements, and how to keep the human check in the loop.
New research from Redwood Bank suggests professional landlords are investing in their home regions rather than chasing higher yields elsewhere.
Property Industry Eye reports new appointments: Christian Sanders joins Chartwell Noble in the Midlands, Knight Frank names a Derbyshire sales director, and McCarthy & Stone hires a head of partnerships.
TwentyCi data shows sales agreed fell year-on-year for a fourth consecutive month in August, while new listings hit a ten-year high, shifting the market towards buyers.
Landmark Information Group has launched Sales Pack Ready Surveys in England and Wales, giving property professionals access to upfront condition reports before transactions progress.
A Property Industry Eye column argues that upcoming home buying reforms and AI adoption will separate leading agencies from laggards.
Narborough-based Carlton Estates has acquired Market Bosworth rival Fox Country Properties, with the existing team staying on under the Carnall family's ownership.
The National Leasehold Campaign says millions of leaseholders face uncertainty as no timeline has been given for legislation to end the leasehold system.
Knight Frank has appointed Victoria McLaughlin as Sales Director for Derbyshire, based at its new Melbourne office, as the firm grows its presence across the region.
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