Property transactions fell 2% last month following a similar drop last time, according to new HMRC data. Figures for seasonally adjusted residential deals in May were down on April from 100,440 to 98,450. The numbers were 17% higher than in May 2025, but the market was heavily affected at that time by the ending of…
Company’s precarious position puts 400 jobs at risk Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe
An estate agency director has been fined £12,500 for failing to give information to fire safety inspectors. Gareth Reed, director of Riverstone-Abbey Estate Agents, was prosecuted by East Sussex Fire and Rescue Service. It explained that his company was fined a further £7,500 at Brighton Magistrates’ Court on 12th October. Reed was also ordered to…
Clients increasingly charged for AML measures, according to research Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe
Letting agents expect a 71% reduction in buy-to-let investors this year, which will reduce available stock and weaken a key source of portfolio growth, according to a study from Iamproperty. The proptech firm interviewed more than 320 agents who said it was forcing a shift away from landlord-led expansion towards owner-occupiers and needs-based movers, with…
The ESTAS 2026: Independents beat the big names to top awards Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe
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