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

Breaking News

Clarity on energy efficiency rules for commercial property needed

Propertymark has written to Martin McCluskey MP, Minister for Energy Consumers at the Department for Energy Security and Net Zero, urging the UK Government to provide urgent clarity on the future of Minimum Energy Efficiency Standards (MEES) for non-domestic property. The letter follows the publication of the UK Government’s Warm Homes Plan, which confirmed that…
Read More →
Breaking News

English Housing Survey 2024 to 2025

English Housing Survey 2024 to 2025: headline findings on housing quality and energy efficiency The latest findings from the English Housing Survey on housing quality and energy efficiency. This is the second release of data from the 2024-25 survey. This report will be followed by a series of more detailed topic reports in the spring…
Read More →
Breaking News

Propertymark responds to latest HMRC property transactions report

Nathan Emerson, CEO at Propertymark, comments: “Based on December 2025’s figures, it is encouraging to see that property transactions remained stable following the Autumn Budget. At a time when many households were concerned about rising living costs, this stability suggests that the Budget provided enough clarity for people to continue progressing with plans to buy…
Read More →
Breaking News

Mortgage activity dips in December

Property industry reaction to the latest mortgage approval data from the Bank of England. The latest figures show that: – Mortgage approvals on house purchases for December sat at 61,013 down (-4.8%) from 64,072 in November. Approvals are down (-8.4%) when compared to the 66,634 seen in December 2024. This decline was expected due to…
Read More →
Breaking News

£19.9bn of PRS refurbishment required

£19.9bn of refurbishment investment required to bring England’s private rented homes up to EPC C by 2030 Jonathan Samuels, CEO of Octane Capital, believes that despite the Government extending the deadline for all private rental stock to meet an EPC C rating from 2028 to 2030, refurbishment finance will remain key in helping landlords meet…
Read More →
Home and Living

10 budget patio ideas for beginners in landscaping

Creating an inviting outdoor space doesn’t have to break the bank. With a bit of creativity and some elbow grease, you can transform your backyard into a relaxing retreat. Whether you’re looking to build a brand-new area or revamp an existing one, these budget-friendly patio ideas will inspire you to create a stylish and functional…
Read More →