UK government clarifies digital ID use for AML compliance
Estate agents and other regulated businesses in the UK can now use certified digital identity services to satisfy anti-money laundering (AML) identity verification requirements, following updated government guidance published this…
Criterion Capital faces eviction claims at London estate
Criterion Capital has been accused of issuing eviction notices to residents at Britannia Point in Colliers Wood, south-west London, ahead of the implementation of the Renters’ Rights Act, which will…
Property sector calls for tax reforms ahead of Spring Statement
Chancellor Rachel Reeves will deliver the Spring Statement on 3 March, providing an update on the UK economy alongside forecasts covering growth, inflation, unemployment, public spending and tax receipts. While…
Former housing ministers to testify on leasehold reform bill
Former housing secretaries Angela Rayner and Lord Michael Gove are scheduled to give evidence to the Housing, Communities and Local Government Committee on 3 March as part of an inquiry…
ITV investigation prompts estate agency review concerns
An ITV investigation into fake online reviews has prompted renewed scrutiny of the estate agency sector, with industry figures warning that manipulated feedback could undermine consumer confidence. The programme, broadcast…
Rightmove reports 9% revenue growth to £425.1m in 2025
Rightmove has reported a 9% increase in revenue to £425.1m for 2025, driven by estate agents upgrading to higher-tier subscription packages and purchasing additional products, according to the property portal’s…
Dwelly raises £69m to acquire UK lettings agencies
PropTech lettings platform Dwelly has secured £69 million in funding to acquire additional letting agencies and expand its AI-powered operating platform across the UK rental market. The company’s strategy centres…
Property sale failures cost agents £392m in lost revenue
Property transactions that collapsed in England during 2024 resulted in nearly £392 million in lost revenue for estate agents, according to data released by Rightmove. The property portal’s analysis shows…
Douglas & Gordon Ltd administration period nears conclusion
Douglas & Gordon Ltd, the London estate agency that entered administration in 2023, is set to be dissolved three years after its collapse, according to Companies House records. The original…
Buyers aged 50-59 become fastest-growing UK market segment
Buyers aged 50–59 now represent the fastest-growing segment of the UK housing market, according to analysis of homemover data by Propertymark, prompting the industry body to advise estate agents to…