Property News
Latest news, advice, and insights for UK property professionals
Devonshire Homes Enters Administration, Two Developments Affected
Devonshire Homes has entered administration, with joint administrators appointed. The move affects two live developments but does not impact other Devonshire-branded projects.
Landlord Fines Raised to £7,000 Amid Questions Over Council Enforcement
Local authorities can now fine landlords up to £7,000 for failing to address serious hazards, but concerns remain over councils' ability to collect penalties.
Knight Frank Begins Redundancy Consultation Amid Revenue Growth
Knight Frank has started a redundancy consultation affecting less than 3% of its UK workforce, despite reporting a 6.3% rise in annual revenues.
Kent Letting Agent Fined £15,000 for Client Money Protection Breach
Homelet PMS Ltd in Kent was fined £15,000 by Medway Council for operating without required client money protection, following a routine inspection and enforcement action.
Shelter: Many UK Workers Anxious Over Housing Costs
Shelter and HSBC UK report that 40% of workers lose sleep and 53% feel anxious about housing costs.
Gen Z Buyers Prioritise Price Over Location, Barclays Report Finds
Barclays research shows Gen Z buyers are prioritising affordability over location, with many willing to move further afield to secure a home. Transaction delays and deposit challenges persist.
Rail Boss Appointed to Lead Landlord-Tenant Mediation Service
A rail industry leader has been named as the new head of a landlord-tenant mediation service, according to Landlord Today.
Activists Claim Section 21 Evictions Hit Black Households Harder
Activists claim black households are twice as likely to face homelessness from Section 21 evictions compared to white households, according to Landlord Today.
Lettings Agencies Issue Guidance to Landlords on Heatwave Risks
Lettings agencies in the Lomond group have released new guidance for landlords and tenants as the UK's third summer heatwave continues.
Government Prioritises Tenants’ Rights with New Bill
A Bill to strengthen private tenants’ rights will be introduced to Parliament, according to Landlord Today.
Build To Rent Sector Faces Funding Decline Despite High Investment
Build To Rent funding has fallen, even though overall investment remains high, possibly due to recent sale deals, according to Letting Agent Today.
Alto Launches AI Tool to Automate Certificate Renewals for Letting Agents
Alto has introduced AutoCertt, an AI-powered tool that automates certificate renewals for letting agents by detecting expiring certificates and managing related tasks.