Property News
Latest news, advice, and insights for UK property professionals
Landlord Costs Outpace Rental Income Growth Over Five Years
Landlord operating costs have risen 56% in five years, while rental income increased by 26%, according to HMRC data analysed by PropertyWire.
Alto Unveils AI Tools to Automate Key Estate Agency Tasks
Alto has launched six AI tools to automate everyday sales and lettings tasks for estate agents, including appraisals, property matching, and sales progression.
Knight Frank Appoints New Group CFO; Cavendish Announces Lettings Promotions
Knight Frank has named Chris Davis as group CFO, while Cavendish has promoted three staff in its Chester office, including new roles in lettings operations and development.
Reapit Announces £40m+ Annual Investment in Estate Agency AI and Tech
Reapit has secured over £20m in new funding from Accel-KKR and now invests more than £40m annually in product development, focusing on AI and consumer technology for estate agencies.
Four-branch Complete Estate Agency acquired by Sara Watkins-Schmidt
Sara Watkins-Schmidt has acquired Complete Estate Agency, adding four branches and 375 managed properties to her Devon lettings operation.
Estate Agency Growth Requires Evolving Business Models, Report Suggests
A Property Industry Eye report highlights that estate agencies must adapt their business models to achieve growth beyond initial revenue milestones.
Key Harassment Law Changes for Letting Agents Confirmed
The Employment Rights Act 2025 introduces new harassment duties for UK letting agents, with confirmed dates and expanded liability for third-party harassment from October 2026.
Nationwide Reports First House Price Growth Since April
Nationwide data shows UK house prices rose in August for the first time since April, with annual growth at 1.6%. Market activity remains subdued but shows signs of resilience.
Landlord Property Costs Now Rising Faster Than Rental Income
New research shows landlord property costs have increased 56% over five years, outpacing a 26% rise in rental income, according to Hello Neighbour's analysis of HMRC data.
Savills, Allsop and SDL Lead New UK Auction House Performance Index
A new index from UncommonDeal ranks Savills, Allsop, and SDL Property Auctions as the top UK auction houses, providing a comparative framework for property professionals.
UK Housing Market Recovery Stalls as Mortgage Approvals Drop
Mortgage approvals for house purchases in the UK fell in July, halting hopes of a housing market recovery. The Bank of England reported a decrease to 56,100 approvals, down from June.
Trusted Builder Scheme Launched to Protect Landlords
A new trusted builder scheme aims to protect landlords from rogue traders, according to Landlord Today.