Property industry reacts to new prime minister
Leaders in the sector offer initial thoughts as Andy Burnham enters 10 Downing Street
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Artificial intelligence is being increasingly embraced by the property industry, but it has yet to become a mainstream search tool for buyers and sellers, new research by GetAgent reveals. The agent comparison site surveyed 622 UK estate agents to understand how widely AI-powered search tools are influencing property discovery and marketing activity, and how agents…
Landlord repossessions jumped 9% in Q3 this year, new figures reveal, although buy-to-let mortgage arrears have dropped over the same period. Data released by the Ministry of Justice shows repossession of investor-owned properties by lenders increased from 7,036 to 7,641. But, at the same time there were decreases in landlord possession claims from 25,402 to…
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…
A well-known and highly respected figure in the property industry has sadly passed away Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe
The Government says tenants and landlords will have “swift access to justice” once Section 21 ends on 1 May 2026, yet industry figures argue the latest announcement does little to address the concerns they have raised since the reforms were first proposed. There were already huge delays in possession cases, and the switch to Section…
Residential property sales market remains resilient despite issues in the Middle East Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe
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