Property industry reacts to Bank of England’s interest rate decision

Company says it is on track to hit £450m 2025-26 pre-tax trading guidance Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe

  Rightmove’s annual fee increases are ‘on course’ to outpace growth in agents’ earnings for the third year running, according to the latest analysis by Property DriveBuy. The geo-location property app looked at the average increase in house prices over the last two years, the resulting growth in the average commission secured per property sale…

The group behind Chancellors has returned to profit, despite remaining loss-making on an operating level, albeit during an extended period according to its latest accounts. Turnover increased to £38.9m compared with £26.5m the previous year, while operating losses narrowed from £1.36m to £411,559. 16-month period The figures cover 16 months (1 January 2024 to 30…

Tougher week for UK Property Market, yet stronger year as UK residential sales agreed are still 54,000 ahead of 2024, up 7.1%. Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe

Knight Frank’s prime London report for July 2025 shows slow improvements for sales, and climbing rent values for the rest of the year Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe

Shared ownership schemes contain pitfalls that buyers often fail to understand, a major independent watchdog warns. The National Audit Office (NAO) says shared ownership is complicated and exposes buyers to financial risks they are unaware of. “Shared ownership is a complex part-buy, part-rent model, not always fully understood by those who enter it. Complexities with…