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…
InterBay completes £10.8m commercial remortgage deal
InterBay, part of OSB Group, has completed a £10.8m owner-occupier remortgage covering four commercial properties in London and Kent, arranged through broker Synergy Commercial Finance. The transaction refinanced warehouse storage…
Coastal properties listed across England and Scotland
Five coastal properties have been listed for sale across England and Scotland, with prices ranging from £270,000 to £1.9 million, according to estate agents marketing the homes. In Achnamara, Argyll…
Former corporate agent launches hybrid lettings agency
A hybrid lettings agency has been established in South Yorkshire by Megan Lilley, who previously worked at Connells and Chestertons for nearly ten years. Lilley & Co Estates operates across…
Reform UK pledges to repeal Renters’ Rights Act
Reform UK has announced plans to repeal the Renters’ Rights Act if elected, prompting immediate criticism from tenant advocacy groups and housing organisations. The party’s UK business spokesperson Richard Tice…
Bank of England MPC member forecasts three rate cuts in 2026
A member of the Bank of England’s Monetary Policy Committee has indicated that three interest rate cuts could occur in 2026, citing easing inflation and a weakening labour market as…
Government issues student tenancy guidance ahead of new Act
The Government has published guidance clarifying how student tenancy rules will operate under the Renters’ Rights Act, which takes effect on 1 May 2026. The guidance confirms the operation of…
Rightmove faces potential FTSE 100 demotion amid falling shares
Rightmove is expected to be relegated from the FTSE 100 to the FTSE 250 index next week, following months of declining share prices that have reached five-year lows. The property…