The average UK renter spent more than £10,000 on rent in 2025, equivalent to 41% of their take-home pay, as rising housing costs outpaced wage growth and pushed affordability to what analysts describe as the “outer limit”. New figures from tenant and landlord services provider Canopy show renters paid an average of £10,580 last year,…
The agents who are winning now aren’t trying to be everywhere 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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The number of new builds coming to market is at its lowest level in almost a decade, it has been revealed. Rightmove said the number of housing developments listed on its site is at the lowest level since 2017, excluding retirement schemes. However, the property portal declined to reveal the exact raw figures numbers when…
Labour’s programme for its upcoming conference is highly revealing of its housing priorities and suggests it may be going into panic mode over the building of 1.5 million new homes. Housing was a core part of its election manifesto as one of its five “national missions” alongside economic growth and NHS reform. Labour, though, has…
A new propTech company, Swoople, has launched in the UK, introducing what it describes as a completely new digital category for the estate agency sector, enabling sellers to appoint and confirm an agent before their property goes to market. Dubbed the UK’s first digital pre-market property platform, Swoople digitises the entire agent appointment process, from…
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