Property deals stuck in slow lane despite signs of improvement
There have been tentative signs of improvement in recent weeks
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A new AI portal that’s set to become a credible alternative to Rightmove has launched offering property search results that respond to house hunters ‘whole life’ requirements and not just ‘how many bedrooms’ a property has. MyPorta, which has signed up 2,750 estate agency branches, until now has been developed under the project name of…
Property businesses are going bust at the fastest rate in a decade, with more than 760 companies becoming insolvent so far this year in a sign of mounting pressure across the property sector. Analysis by City AM of insolvency filings published in the London Gazette found that the total is more than 60% higher than…
London’s newbuild housing market is in freefall, with sales plunging to their lowest level since the global financial crisis as developers abandon sites. According to a new report just 3,946 new private homes were sold across the capital in the first six months of 2025, down 30% on last year, while in May only 19…
Landlord who barred ‘coloured people’, pregnant women, abuse victims, those on housing benefits, and even plumbers, faces a huge bill Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe
Five-year property market recovery expected to start this year, says Savills Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe
Landlord purchasing activity has slowed markedly with an estimated 170,520 landlords buying a property during the past 12 months compared to 255,780 a year earlier – a drop of 85,000 transactions, according to Sam Humphreys (pictured) Head of M&A at Dwelly. The figures come from analysis of both Mortgage Works’ and HMRC’s data that has…
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