Comings & Goings

House prices have fallen annually for the first time this year as Autumn Budget fears create market uncertainty, Rightmove reports. Colleen Babcock (pictured), property expert at Rightmove, says average asking prices are now 0.1% below last year at £370,257 following several months of muted price growth. The data has provided the first real signs of…

The TSB survey of over 1,000 recent first-time buyers across the UK uncovered the most commonplace ways of saving money Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe

The Land Registry continues to show some unusually high annual increases, with double-digit house price growth still being reported in locations such as Newcastle and Liverpool in the North and Tunbridge Wells in the South. These spikes are largely a result of the surge in transactions during the first quarter of the year, as buyers…

The Renters’ Rights Act is expected to fuel rental price growth Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe

The Government has admitted that it doesn’t know the number of landlords who have left the industry since the beginning of the decade. Responding to a Parliamentary question about how many landlords have exited the sector every year since 2020, the Minister of State (Housing, Communities and Local Government) Matthew Pennycook responded: “My Department does…

Propertymark has announced the launch of a new independent Regulatory Board, which formally separates its regulatory responsibilities from its representative role in a move aimed at strengthening professionalism and public trust across the sector. Key milestone The Board will oversee professional standards, regulatory policy and disciplinary frameworks. Bill Butler (pictured), Non-Executive Chair of Propertymark, describes…