More PCL property owners prepared to sell for a loss, says buying agent

The agency, which completed six acquisitions last year, now manages approximately 10,000 properties Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe

Rightmove’s revenue has risen 9% in 2025 as estate agency partners increased spending on top-tier packages and additional products, says Chief Executive Johan Svanstrom (pictured). The portal’s year-end results show revenue rose to £425.1m, with growth driven primarily by agents and developers upgrading packages, adding extra features and increasing product usage. Average revenue per advertiser…

UK inflation has fallen to its lowest rate for four months to 3.6%, raising hopes that it may now have peaked. But economists forecast it would drop to 3.5% driven the ONS says by weaker rises in household energy costs and an unusually large autumn dip in hotel prices, while on the other hand food…

TV shows like Escape to the Country and Location, Location, Location rake in the viewers and exploit our peculiar obsession with property and the fantasy of ever-spiralling equity. Back in the real world, it’s the agent’s job to separate fact from fiction and bring everyone down to earth with a viable asking price. Only then…

Plans for five new towns have been ditched with only three ‘breaking ground’ before the end of this Parliament, a Government minister has confirmed. Speaking on Radio 4’s Today programme, the housing and planning minister Matthew Pennycook confirmed that the number of proposed sites has been reduced to seven locations. It is down from a…

I never thought that I would utter these words but I actually feel quite sorry for Rachel Reeves this morning. She has been caught red-handed letting out her house without the correct licence from the local authority. She claims that she was unaware  of the legislation but ignorance is no excuse for breaking the law…