House costs pushing key workers out of London
Teachers, nurses and bus drivers are struggling to rent 1-bed apartments in London, campaign group Generation Rent warned. As many as nine types of key worker would fail letting agent…
UK buyer enquiries fall 13% in March as uncertainty bites
Property buyer enquiries in the UK declined 13% year-on-year in March, according to the latest house price index from Zoopla, as rising mortgage rates and economic uncertainty weighed on market…
Estate agencies plan to increase sales fees in 2026
Nearly two thirds of estate agencies in the UK plan to raise their commission rates in 2026, according to a new industry report, marking a potential shift away from the…
AI platform targets property chain fall-throughs
A proptech platform designed to reduce property chain collapses has launched for independent UK estate agents, offering real-time monitoring of linked transactions. XchangeHero.com, which became available this year, combines sales…
Dubai’s “reputation for safety in tatters” – as transactions and prices fall
Property prices and transactions are down in Dubai due to the US and Israeli war with Iran, leading to a London brokerage declaring the city’s reputation “in tatters”. Black Brick…
Work starts on development of 155 homes in Essex
A 155-home development in the Essex village of Takeley is underway from Bellway. The development is called Trinity Green and it takes place on land west of Garnetts, by Uttlesford…
Giraffe360 secures £7.5m Series B funding round
Property imaging technology firm Giraffe360 has secured £7.5 million in Series B funding from European investment firm Cipio Partners, the company announced this week. The London-based company, which develops AI-powered…
Propertymark releases tenancy agreement for new rental laws
Propertymark has released a compliant Assured Periodic Tenancy (APT) agreement for its letting agent members in advance of the Renters’ Rights Act implementation on 1 May. The legislation abolishes fixed-term…
Prime London property values fall 25% amid economic uncertainty
The UK property market faces continued pressure as economic indicators weaken and uncertainty weighs on transaction volumes, according to analysis from Glentree Estates. Trevor Abrahmsohn, CEO of the London-based estate…
Inheritance tax changes prompt estate agency sales surge
Recent inheritance tax changes affecting family-owned businesses have contributed to a wave of estate agency sales, according to industry observations, with the same legislation impacting farmers now extending to all…