Breaking News
Foxtons sees increase in new homes selling
The latest market insight from London’s number one lettings and sales estate agent brand*, Foxtons, has shown that their new homes team has bucked the new homes industry trend for negative growth and once again grown sales volumes. The latest internal data release* shows their New Homes and Investments team during H1 of this year,…
EAN Breaking News
Breaking Property News 13/08/25
Daily bite-sized proptech and property news in partnership with Proptech-X. Launch of AI tool that gives commercial lease analysis Leasecake, the lease management platform that transforms real estate risk into opportunity, today announced the launch of Leasecake LIFT™: the Lease Intelligence and Favourability Tracker. This groundbreaking AI tool analyses commercial leases, flags risk, and…
Andrew Stanton
Rightmove to launch digital agent valuation tool to connect agents with more future sellers
The UK’s largest property platform Rightmove is adding a new product to its suite of valuation tools, helping agents to reach more future sellers that want an online-first experience. With the new Online Agent Valuation, prospective sellers can send photos and detailed information about their home to selected agents, who can then reply with an…
Rightmove
Breaking Property News 12/08/25
Daily bite-sized proptech and property news in partnership with Proptech-X. Why have companies stopped employing people? It’s a strange old time for work in Britain. Between trade wars, real shooting wars, a cost-of-living crunch, and Rachel Reeves sharpening her pencil at number 11, bosses up and down the country are quietly putting the brakes…
Andrew Stanton
Breaking Property News 11/08/25
Daily bite-sized proptech and property news in partnership with Proptech-X. 10 critical fixes for Estate Agent websites How AI search is reshaping the Web With ChatGPT, Gemini and XAI now answering property questions that once went straight to Google, estate agents face a new digital battleground. AI search is reshaping how buyers, sellers, landlords and tenants…
Andrew Stanton
Breaking Property News 07/08/25
Daily bite-sized proptech and property news in partnership with Proptech-X. Interest rates cut to 4%, inflation expected to rise to the same figure The Bank of Engaland after two ballots approve 0.25% cut in rate to 4%, but inflation is double target figure In what is the fourth rate cut since Labour came into power…
Andrew Stanton
1 in 5 private rented homes could be illegal
More than one in five private rented homes in England currently fail to meet the Decent Homes Standard (DHS). Analysis from Inventory Base suggests that these properties would be illegal to rent should the proposed extension of the DHS within the Renter’s Rights Bill (RRB) pass into law. The DHS is a government-issued minimum standard…
EAN Breaking News
Property Industry Response to Latest Bank of England Rate Cut
Following a hold in June, the rate has today been cut to 4.0%. This comes despite inflation (CPI) sitting at 3.6% in June 2025, higher than the Bank of England target rate of 2.0%. The decision to reduce the base rate by the Monetary Policy Committee was the result of five members voting for a…
EAN Breaking News
Rightmove Comment on The Bank Rate Cut
Matt Smith, Rightmove’s mortgage expert says: “As expected we now have the third Bank Rate cut of the year, with the Bank continuing along its forecast trajectory. Mortgage lenders have had a bit of room to reduce rates over the last week, owing to the ongoing developments around global tariffs. However, we expect that lenders…
Rightmove
UK property at its strongest since 2022
The latest research from GetAgent.co.uk has found that the UK property market is currently performing at its strongest since 2022, with both mortgage approvals and transactions at their highest average monthly levels in three years. GetAgent analysed HMRC and Bank of England data on residential property transactions and mortgage approvals, looking at the year-to-date figures…
EAN Breaking News
The Bank of England’s Interest Rate Cut is Welcome News for the Property Market
By Kevin Shaw, National Sales Managing Director, LRG Encouraging signs for the property sector The Bank of England’s decision to cut the base rate by 0.25% is a welcome and timely move for both the property sector and the economy more generally. With the rate now back to where it was in March 2023 and…
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Homebuyers set to be £41,000 better off
Average homebuyer set to be £41,000 better off thanks to relaxed lending rules The latest research from award-winning mortgage adviser, Alexander Hall, has revealed that the average homebuyer in England is set to be over £41,000 better off thanks to recent government reforms and lender policy changes, which are beginning to ease long-standing affordability barriers. Alexander Hall…
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HMRC issues 12-month warning on MTD for landlords
In exactly 12 months, landlords earning over £50,000 must submit their first quarterly tax updates as part of the new MTD process. A recent survey by Accountex found that 4 in 5 accountants see MTD as the biggest challenge of the next year. 1 in 3 accountants also said they feel unprepared for the deadline,…
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Property Industry Response to Halifax House Price Index
Commenting on the latest Halifax house price data, which shows a 0.4% increase. Here are some thoughts from the Industry Nathan Emerson, CEO of Propertymark “This is a glimmer of good news for consumers considering it has been reported that there are economic headwinds ahead of us soon, and this news proves that house prices…
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Halifax House Price Index July 2025
House prices in July 2025 were +2.4% higher than the same month a year earlier. • House prices increased by +0.4% in July, the highest since the start of the year • Average property price now £298,237 compared to £297,157 last month • Annual rate of growth +2.4% (vs +2.7 in June) • Northern…
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