Reapit launches AI platform for estate agency sector
Property software provider Reapit has released an expanded version of its AI platform for estate agents, introducing three core components designed to automate workflow tasks across the sector. The Reapit…
UK inflation rises to 3.3% as Middle East conflict impacts property market
UK inflation increased to 3.3% in March, driven primarily by rising energy costs linked to the ongoing conflict in the Gulf region, according to the Office for National Statistics. The…
Rental scams surge as housing stock declines across UK
Fraudulent rental scams targeting tenants are increasing in prevalence across the UK, according to warnings from estate and lettings agents in the East of England. Paul Buck, Director of Sales…
UK housing market stalls as affordability pressures mount
The UK housing market has reached a standstill as homeowners delay moving due to affordability pressures, limited housing supply and lengthy transaction processes, according to research from the HomeOwners Alliance.…
Shadow housing secretary receives eviction notice
Shadow Housing Secretary Sir James Cleverly has disclosed that he has been served with an eviction notice from his landlord, who is selling the property he rents. The Conservative MP…
Landlords face scrutiny over discriminatory rental adverts
An investigation by a national newspaper has uncovered rental advertisements in London specifying religious and ethnic preferences, potentially breaching discrimination laws. The Daily Telegraph identified multiple listings on Facebook, Gumtree,…
Foxtons reports 35% sales revenue decline in Q1 2026
London-based estate agency Foxtons has reported a 35% decline in sales revenue for the first quarter of 2026, as weakened buyer demand and elevated mortgage costs reduced transaction volumes. The…
Specialist lender provides £3m for Pembrokeshire homes
Pallas Capital has provided a £3 million residential development loan for the construction of 10 homes in Roch, Pembrokeshire, as part of a build-to-sell housing scheme. The 20-month facility is…
Foxtons reports 35% sales decline amid market uncertainty
London-based estate agency Foxtons has reported a 35% decline in sales revenue for the first quarter of 2026, with total group revenue falling 10% to £39.6m as market conditions deteriorated.…
Property sales cited in 43% of tenant evictions in England
New research from SpareRoom has found that only 9% of landlords currently evicting tenants cite the Renters’ Rights Act as the direct reason, challenging the narrative that the legislation is…