Breaking Property News 07/07/25

July 7, 2025

Daily bite-sized proptech and property news in partnership with Proptech-X.

 

The Depositary’s latest platform enhancements cut admin time by up to 95% and help agents achieve faster, fairer tenancy conclusions.

The Depositary has today announced the launch of two major new features- the Landlord Negotiation Consent Tool and an AI-powered Negotiation Assistant – marking a significant leap forward in how letting agents and property managers handle end-of-tenancy processes.

These innovations are designed to tackle two of the industry’s most persistent challenges: time-draining negotiations and slow deposit returns. With these tools now live, The Depositary enables agents to conclude tenancies in as little as 10 minutes- down from the traditional three hours in a manual process. This helps drive average reconciliation times toward The Depositary’s 10-day target (currently around 12 days)- compared to the UK average of 21 days.

“Tenancy conclusions are a necessary evil for most agents- frustrating, manual, and prone to delay. These tools flip that experience on its head,” said Kristjan Byfield, Co-Founder of The Depositary. “We’re giving agents the tech to be faster, more compliant, and dramatically more effective- all while delivering a better outcome and experience for both tenants and landlords.”

Key Features in Focus

🔹 Landlord Negotiation Consent Tool
Prompts landlords at the ‘proposal sign-off’ stage to grant upfront negotiation parameters (e.g., 90%, 75%, or a custom amount). This empowers agents to respond quickly and conclude negotiations without the need for constant back-and-forth.

🔹 AI-Powered Negotiation Assistant
Uses tailored prompts and tenancy law frameworks to generate professional, empathetic, and compliant responses to tenant counteroffers within seconds. Agents maintain full control, with the option to edit or contextualise any AI-generated response.

 

Andrew Stanton Executive Editor – moving property and proptech forward. PropTech-X

Andrew Stanton

CEO & Founder Proptech-PR. Proptech Real Estate Influencer, Executive Editor of Estate Agent Networking. Leading PR consultancy in Proptech & Real Estate.

You May Also Enjoy

Software & Tech

Software GDTJ45 Builder Problems: Causes, Solutions, and Best Practices

If you’ve been using GDTJ45 Builder software, you might have noticed it’s not always as smooth and reliable as expected. From installation errors to unexpected crashes and slow performance, many users experience problems that can disrupt workflow, delay projects, and cause frustration. This article will walk you through the most common GDTJ45 Builder problems, explain…
Read More →
Breaking News

Developers draw confidence from improving lending landscape

Jonathan Samuels, CEO of Octane Capital, believes that improving conditions across the lending landscape have helped to boost developer confidence heading into a new year, despite a number of challenges still remaining, with specialist finance remaining a key weapon in their arsenal. The latest survey of UK property developers, commissioned by specialist lender Octane Capital,…
Read More →
Breaking News

Happy New Year! UK construction performance finishes 2025 on a high

GLENIGAN INDEX: UK construction starts 2026 on a stronger footing with 2025 concluded with a significant increase in project starts during the Index period The value of project starts increased by 7% during Q.4, but remained 7% below 2024 levels. Residential construction starts declined by 2% in the preceding three months and by 20% against…
Read More →
Breaking News

Prime London homeowners unmoved by mansion tax

The latest look at prime London property supply from Jefferies London has shown that the volume of homes priced at £2m or more listed for sale across Prime Central London (PCL) fell by -9.3% during the fourth quarter of 2025, but £2m+ homes still account for 35% of PCL stock. Jefferies London analysed current for-sale…
Read More →
Breaking News

2026 Predictions for the Auctions Sector

Daniel Gale, Head of Auctions, First for Auctions, part of LRG “As we enter 2026, market conditions are expected to mirror those seen last year. Buyer confidence remains cautious, borrowing costs are still high, and lenders continue to tighten criteria. This ongoing pressure on private treaty sales is driving more sellers towards auction as a…
Read More →
Breaking News

First-time buyer demand edges higher in Q4

The latest research by Yopa has revealed that first-time buyers are beginning to return to the market, encouraged by stabilising interest rates and the base rate cut seen in December, with demand edging higher during the final quarter of the year. Yopa analysed first-time buyer (FTB) demand based on the proportion of homes listed under…
Read More →