Rightmove faces £1.5bn legal claim over subscription fees
A £1.5 billion legal claim has been filed against Rightmove at the Competition Appeal Tribunal, alleging the property portal abused its market position by charging estate agents excessive subscription fees.…
Lenders becoming more selective about buy-to-let
We are going through a period of caution in the buy-to-let market, where lenders are more selective and landlords are no longer expanding by default. That is according to Alex…
Shared ownership buyers face hidden financial risks
Buyers entering shared ownership schemes face financial risks they often fail to understand, according to a report from the National Audit Office (NAO). The independent watchdog has warned that shared…
Landlord body warns EPC targets face skills shortage
The National Residential Landlords Association (NRLA) has warned that new Energy Performance Certificate (EPC) requirements for rental properties may fail due to an insufficient number of qualified assessors and retrofitting…
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…