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Tenants with pets must pay extra damage deposit

 

The House of Lords has backed an amendment to the Renters’ Rights Bill to require tenants keeping pets to pay an extra deposit to cover any damage to a rented property. The Renter’s Rights Bill, which is currently going through the House of Lords, will allow tenants to request to have a pet, and landlords…

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Breaking Property News 08/07/25

 

Daily bite-sized proptech and property news in partnership with Proptech-X.   Letting Agency valuation tool launched by Nurtur and Adam J Walker & Associates After more than nine months of joint development and rigorous testing, Nurtur, one of the UK’s leading marketing and technology providers for estate and letting agents, has partnered with renowned industry expert Adam…

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Andrew Stanton

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Enhanced lettings leads from Rightmove to integrate with agent CRM systems

 

The UK’s largest property platform Rightmove, is rolling out a significant update to its enhanced leads feature for lettings agents, by integrating with agent CRM systems. With Rightmove’s enhanced leads feature, enquiries from prospective tenants come pre-qualified with additional information, helping busy letting agents to find the right tenant for their landlords quicker. This includes…

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Rightmove

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Downsizing out of debt

 

The best way to become debt free in retirement The latest research from over-50s property specialists, Regency Living, reveals that over-50s can release themselves from financial debt, and all of the physical and mental health issues that can bring, by choosing to downsize to a park home. Financial debt is a common yet difficult burden…

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UK Property Market Bounces Back After Stamp Duty Slump

 

The latest research from GetAgent.co.uk reveals  that the UK property market has already bounced back from the momentary slump that followed the expiry of the stamp duty holiday at the end of March, with transaction volumes climbing 42% in May, reversing a sharp -66% drop in April. The research from GetAgent.co.uk analysed Gov data on residential transaction…

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Fall-Throughs Hit UK Market For Over £275m

 

Fall-Throughs Cost UK Homebuyers and Sellers Over £275m in Q1 as West One Loans Reports Growing Use of Bridging Finance to Prevent Collapse The latest analysis by West One Loans, a leading provider of property finance and specialist mortgages, has revealed that there has been a significant increase in bridging market activity driven by homebuyers and…

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Breaking Property News 07/07/25

 

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…

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Andrew Stanton

Industry Reaction to Halifax House Price Index – June 2025

 

Nathan Emerson, CEO of Propertymark, comments: “Today’s news suggests that house prices have dropped quarterly and that there has been no monthly increase in house prices, which demonstrates that the UK housing market has faced considerable upheaval in response to a turbulent global economy and Stamp Duty thresholds in England and Northern Ireland increasing from…

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Halifax House Price Index for June 2025

 

House prices hold steady as market activity picks up pace • House price growth flat in June at 0.0% vs dip of -0.3% in May • Average property price now £296,665 compared to £296,782 last month • Annual rate of growth edges down to +2.5% from +2.6 in May • First-time buyer numbers have returned…

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Half of renters say homeownership impossible without financial support

 

Growth in mortgage and rental spending slows for fourth consecutive month while heatwave eases utility bills   Consumer spending on rent and mortgages grew 4.3 per cent in June, slightly below the 4.6 per cent recorded in May Confidence in the UK housing market fell 3 points to 27 per cent as the Base Rate…

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Ten years on: More first-time buyers moving to cities while the coast stands still

 

New ten-year analysis of the property market shows that more first-time buyers are looking to move to cities, while the coast has seen no growth in new buyers First-time buyer demand to move to Great Britain’s 50 largest cities (excluding London) is up by 16% on average over the last ten years, with Dundee topping…

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Rightmove

Homeowners in England and Wales overvalue their properties by an average of 16%

 

Homeowners in England and Wales are overestimating the value of their property by an average of 16%, according to new figures. Data from Quick Move Now compares homeowner estimates with formal estate agent valuations and is broken down by both region and property type. Overall, homeowners overvalue in every single category.   Regional breakdown Region…

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Reapit report reveals agents’ long-term market confidence amid legislative challenges

 

Despite the significant challenges posed by a shifting economic landscape and the largest wave of housing legislation in decades, estate and letting agents remain steadfast in their confidence about their long-term future in the industry. According to the first Reapit Property Outlook Report 2025, covering the full breadth of sales and lettings agency opinion countrywide,…

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Owner-Occupiers Drive Resilient Commercial Property Market

 

Buying Becomes 37% Cheaper Than Renting The latest Commercial Property Demand Index from specialist property finance expert, Rangewell, reveals that while investor appetite across the sector held steady in Q2, strong levels of owner-occupied commercial mortgage activity are helping drive market performance, as business owners increasingly move from renting to buying their long-term premises for…

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One year of Labour: Property market performance review

 

Investors left waiting for planning reform and incentives but majority plan to increase real estate allocation   Biggest failures: Lack of incentives for developers and investors, and ineffective planning reform Top priorities: Planning reform, tax incentives, and attracting international capital Where opportunities lie: Data centres, warehousing & logistics, and later-life housing Real estate debt is…

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