BREAKING: Property industry reacts to Bank of England’s interest rate decision
Bank of England holds rates at 3.75% as prospect of hikes grows
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Independent estate agency Wilfords London has announced a series of senior appointments across its sales, lettings, marketing and operations teams, strengthening the business at a time of significant growth. The hires follow the successful opening of the firm’s Abbeville Village branch last month and come ahead of the launch of a fourth office in Barnes, which is…
Buy-to-let investors are capitalising on a cooling housing market, using their chain-free position and increasingly their cash reserves to push for steep price reductions, according to new analysis from Hamptons using Connells Group data. In July 2026, landlords accounted for 14.1% of all home purchases in Great Britain, up from the 12.4% year-to-date average. As…
Snippets of industry news: JLL appoints head of UK affordable housing; Pride & Property Group names head residential; Harding Green unveils new partner 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 falling in many of Britain’s second-home hotspots, while the number of second homes in England is also declining, according to the latest data. Analysis by Rathbones found that house prices fell in 19 of the 25 areas with the highest density of second homes, but were down in only 26% of local…
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,…
England’s register of short-term and holiday lets (STLs) will be fully operational by March 2027, the Culture Secretary has confirmed. Speaking to Parliament during a debate on short-term lets last week, Lisa Nandy (pictured) said the Government was accelerating the work on regulation. It is the latest change for lettings agents and landlords managing short-lets. This…
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