Homebuyers advised to act fast in shifting market

New measures to allow ‘mid-size’ lenders to compete with the mortgage giants are being unveiled by the Bank of England. The Prudential Regulation Authority (PRA), which is part of the Bank, has published a series of options to make it easier for medium sized firms to ‘scale-up’. Speed up approvals The proposed changes would represent…

Bradford Council is preparing to issue its first-ever landlord banning order after a council report concluded that fines alone are failing to control repeat rogue landlords. The report, which was compiled by its Regeneration and Environment Scrutiny Committee, reveals that since 2018, more than £2m in civil penalties have been issued to landlords who breached…

Snippets of industry news: LRG appoints new MD of sales overseeing Chancellors, Gibbs Gillespie, and Portico; Savills strengthens residential team; Charnock Bates announces new appointments Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe

The Chancellor will make her Spring Statement in the Commons today. It will stand in contrast to the damaging build-up to the Autumn Statement delivered a little over three months ago, which created uncertainty and instability across the economy. So the content of today’ statement is unlikely to cause any dramas for the housing industry,…

Residential auction activity remained elevated at the end of 2025, with the latest Essential Information Group (EIG) data showing year-on-year increases in the number of properties sold and total value realised. In December 2025, residential lots offered climbed 15.5% to 3,529, while lots sold increased 16.4% to 2,486 compared to the same period in 2024….

The prime London property market is “like a tyre slowly deflating” rather than a bubble bursting, a leading agent claims. Camilla Dell, Managing Partner at buying agency Black Brick, (pictured), says the luxury end of the Capital’s housing industry is now “off the critical list”. “Rather than being a bubble bursting it has been more…