Letting agents are facing huge changes to the rental sector as it evolves from a short-term option for younger tenants into a long-term tenure for families, according to the Resolution Foundation. While this trend has been ongoing for some time, last year the think tank found that 3.2 million children are now living in privately…
There have been tentative signs of improvement in recent weeks Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe
House prices are set to rise slowly by between 1% and 3% next year, according to a cautious projection from Halifax. The lender says asking prices for properties will increase modestly during 2026, but warns that it is an uncertain forecast with economic factors had to predict. Other Halifax market survey findings: Forecast uncertainty remains…
Specialist AI firm Coraly.ai has raised £1.5 million to fund global expansion of its automated listing and lead generation tools for estate agencies that it claims can save agents over 20 hours a week. The Dubai-based firm’s AI-driven platform has automated the time-consuming tasks of listing creations, lead generation, and property marketing across multiple portals…
Landlord leaders have slammed a new database as a “rip-off” and a “costly mess”, just two months before it is due to be launched. Plans for a private rented database will cost landlords £65 per property each year, more than the price for a car MOT, the National Residential Landlords Association (NRLA) points out. The…
A Government-backed coalition has been formed to speed up the digitalisation of the homebuying process, bringing together regulators, industry bodies and technology specialists to tackle the delays, fall-throughs and opaque practices that so often frustrate buyers, sellers and agents. It is being led by the Centre for Finance, Innovation and Technology (CFIT) in partnership with…
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