Breaking News

Breaking Property News 18/3/26

 

Daily bite-sized proptech and property news in partnership with Proptech-X.   It’s tempting to frame the Renters’ Rights Act as a huge tenant win but that’s not the full picture By Adam Pigott, CEO of tlyfe the tenant lifecycle app (Openbrix) ‘In six weeks the Renters’ Rights Act comes into force across England, representing the most…

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Andrew Stanton

Rightmove logo

Highest ever price gap between first-time buyer and second-stepper home

 

Latest Rightmove data shows that the price gap between a typical first-time buyer home and a second-stepper home is at its highest ever, increasing cost pressures on those looking to trade up: The average asking price for a 3-4 bedroom, typical mid-market second-stepper home is 52% more than a 0-2 bedroom, typical first-time buyer home…

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Rightmove

Nearly six in ten UK property purchases trigger AML red flags

 

Nearly six in ten UK property purchases now require further scrutiny under anti-money laundering (AML) rules, according to new data from client due diligence platform Thirdfort. Analysis of more than 415,000 completed Source of Funds (SoF) checks found that 57.7% of transactions contained at least one red flag, with an average of two flags per…

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EAN Breaking News

Vanishing act of sub-4% fixed rate mortgages

 

A cut to Bank of England Base Rate (BBR) looks increasingly unlikely, with the upheaval in mortgage re-pricing leading to a vanishing act of sub-4% fixed mortgages, according to Moneyfactscompare.co.uk analysis. Mortgage market analysis The pool of lenders offering a sub-4% fixed rate deal has taken a significant blow. All of the biggest banks, namely…

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EAN Breaking News

Breaking Property News 17/3/26

 

Daily bite-sized proptech and property news in partnership with Proptech-X.   ‘Land brokerage is fundamentally a data game’  Ascendix Technologies based in Texas, run by managing partners Wes Snow and Todd Terry designed a bespoke service to deal with a very complicated problem Land brokerage. They realised that Land brokerage has always operated at the intersection of fragmented…

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Andrew Stanton

Rightmove logo

Steady March market so far despite global uncertainty

 

Average new seller asking prices rise by 0.8% (+£3,023) in March to £371,042, a typical seasonal increase in prices: The number of homes for sale remains at an eleven‑year high for this time of year, limiting more significant price growth and reinforcing the need for sellers to price more competitively to attract buyer interest The…

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Rightmove

70% of Britain’s housing market is in recovery with prices trending upwards

 

The latest research from Yopa reveals that 70% of the British housing market is now in recovery with prices trending upwards following the challenging conditions of the past two years. This is despite the broader national picture showing that average house prices have edged down over the last six months. Yopa analysed six months of…

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EAN Breaking News

Breaking Property News 12/3/26

 

Daily bite-sized proptech and property news in partnership with Proptech-X.   ‘The actual work, making smart procurement decisions, protecting the owner’s budget was buried under a mountain of emails and calls’ Rihards Trops CEO of TenderPro   Every property manager knows the feeling. You need to find a contractor, get three comparable quotes, coordinate site visits,…

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EAN Breaking News

Renters’ Rights Act already driving surge in tenant complaints

 

“Renters’ Rights effect” drives unprecedented demand dispute resolution Industry redress scheme flooded with enquiries ahead of Act going live in May   THE IMPENDING implementation of the Renters’ Rights Act has already led to unprecedented demand for The Property Ombudsman’s services, as more tenants seek support to resolve disputes fairly and independently. In the four…

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EAN Breaking News

Rights Act: Key changes renters need to know — new rules start on 1 May 2026

 

The Renters’ Rights Act is a major overhaul of the rules that govern renting in England, the biggest in decades. Propertymark, the UK’s leading body for property professionals, wants renters to understand what’s coming and how it will affect them. The next wave of changes under the Act will take effect on 1 May 2026….

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EAN Breaking News

What Would Make Me Stay: How Tenants Are Redefining What Home Really Means

 

68% of tenants say the single biggest factor that would make them stay in their rental home long term is the relationship with their landlord or agent, above rent levels, location, or the quality of the property itself. That is the headline finding from LRG’s Winter 2025/26 Lettings Report, and it points to something the…

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EAN Breaking News

Competition for rented homes falls to lowest level in six years

 

More homes for rent and a drop in demand eases the pressure on renters Competition for rental homes falls to six year low with 4.8 enquiries per property Increased supply sees the number of homes available for rent up 11% on last year Meanwhile demand for rental properties falls 14% year-on-year on lower migration and…

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EAN Breaking News

Mortgage lending now supports 30% of housing stock

 

Mortgage lending now underpins 30% of England’s housing stock, rising to as high as 42% in the country’s most mortgage-reliant locations. At the same time, many areas of the market have seen a notable increase in the number of homes owned with a mortgage over the last three years, highlighting the continued strength and resilience…

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Christopher Walkey

Nottingham letting agents are the busiest in Britain

 

The latest research from Propoly reveals that across Britain’s major cities, there are an average of 13.5 rental listings for each single letting agency branch, with the nation’s busiest agents found in Nottingham where this figure climbs to 35 properties per professional. Propoly has analysed the estimated number of current rental listings in 21 of…

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EAN Breaking News

The six protections every new-build buyer must check before signing

 

With 53% of homebuyers saying they would prefer a new build, demand remains high, but so do the risks if buyers fail to ask the right questions. Buying a new build often means committing to a property that is not yet finished, which makes the small print just as important. Without these protections, buyers risk…

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EAN Breaking News