BREAKING: Property industry reacts to Bank of England interest rate hike

Connells Group made a loss of £500,000 during the first six months of 2026, Stuart Haire (main image), Group Chief Executive of its parent organiation Skipton Building Society, has revealed. This contrasts starkly with the same period last year when profits at Connells Group, which includes the eponymous estate agency but many others including all…

A new and unique report has revealed how and why vendors reduce their prices, withdraw and relist properties and has highlighted the key signs estate agency staff should watch out for when a vendor is about to jump ship to another agent. Giles Ellwood (pictured), CEO of Homesearch, says high supply levels and a third…

The Deposit Protection Service (The DPS) has helped with the donation of £1million to homelessness charity partner, St Mungo’s, since the end of 2024. The rental deposit protection provider said the partnership, which began at the end of 2024, was part of its long-standing commitment to organisations working to combat homelessness. In July last year,…

Gap becoming less pronounced as higher-yielding regions begin to plateau Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe

Rightmove has announced major updates to its Level 3 Certificate for Estate and Letting Agents (CELA), including the introduction of a new module on the Renters’ Rights Act, as the industry prepares for significant regulatory change. From March, the Renters’ Rights module will be incorporated into CELA, helping agents prepare ahead of the Act’s implementation…

Winkworth has reported a surprise drop in half-year profits, which have fallen from £1.02 million in the same period last year to £0.83 million and that’s despite a 27% increase in network sales revenues. The 19% fall contrasts sharply with the company’s July trading update, when Chief Executive Dominic Agace (pictured) predicted full-year profits would…