Hundreds of mortgage deals pulled as average rates top 5%

A landlord has been ordered to repay rent totalling £35,800 after a First-tier Tribunal found he had been running an unlicensed HMO in central London. The property, a basement flat at Flat 4a, Hyde Park Mansions, Transept Street, NW1 (main image), was let to four house sharers between 2022 and 2024 without the required licence…

The UK housing market is no longer a one-way bet, nor a one-size-fits-all solution Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe

A staggering 214,000 home sales have fallen through so far this year, the highest figures since 2021, according to chain management platform View My Chain. That is compared to 192,538 during the same period in 2024, 180,429 in 2023, 202,372 in 2022 and 220,644 in 2021. And the average time to complete is now 216…

Campaigners call for landlords and agents who make repeated excessive deductions to face “meaningful penalties” Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe

Rightmove will leave the FTSE 100 later this month after FTSE Russell confirmed the portal will be moved into the FTSE 250 as part of its latest annual review. The London Stock Exchange Group business that manages the FTSE indices announced the changes on 3rd June. Its review notice states that, barring exceptional circumstances, they…

An agency that has been operating on the south coast for more than a quarter of a century is converting into a Your Move franchise. Fahren Estate and Lettings Agents, in Bournemouth, will re-brand as part of the franchising deal to Your Move Fahren. Your Move is part of LSL’s stable, which acquired Meyers Franchising…