Breaking News
New financial sanctions reporting obligations will apply to all letting agents
From 14 May 2025, financial sanctions reporting obligations will apply to all letting agents working throughout the UK as amended guidance and regulations made by the Office of Financial Sanctions Implementation (OFSI) come into force. Letting agents need to be aware that in contrast to the Money Laundering Regulations, the reporting obligations will apply to…
EAN Breaking News
Breaking Property News 17/03/25
Daily bite-sized proptech and property news in partnership with Proptech-X. Things you need to know about the expanding proptech marketplace Over the last few years, the proptech market map has turned into a whole universe with a huge number of proptech companies that reportedly equals 10,000. To navigate this complex field with different domains and technological trends of…
Andrew Stanton
Rightmove House Price Index: Decade-high choice to benefit Spring buyers who miss stamp duty deadline
The average price of property coming to market for sale rises by 1.1% (+£3,876) this month to £371,870, in line with the long-term March average increase, as many new sellers price sensibly amid decade-high competition to sell: While new Spring buyers will not beat this month’s stamp duty deadline, they will benefit from the…
Rightmove
Searches surge for Moclín in Spain due to Amanda and Alan’s Spanish Job
Searches for Moclín, an area in the province of Granada in Spain, have surged due to the programme Amanda & Alan’s Spanish Job, hosted by Amanda Holden & Alan Carr The increase from 104 searches at this time in 2024, to more than 85,000 in 2025, equates to a more than 800 times surge in searches It is…
Rightmove
Economic certainty needed to bolster builders, says FMB
The 0.2% fall in construction output in January 2025, according to new figures from the Office of National Statistics (ONS), is another indicator that the economy is struggling despite the Government’s strong commitment to back development, says the Federation of Master Builders (FMB). Brian Berry, Chief Executive of the FMB said: “Winter is always a…
EAN Breaking News
Housing Insight Report – Covering January 2025
As widely expected, January 2025 saw an uplift in activity in the sales market due mainly to the Stamp Duty thresholds changing, requiring many homeowners completing from April onwards to pay more tax in England and Northern Ireland. Residential sales UK average house price dipped The average UK house price stood at £268,000 in December…
EAN Breaking News
Mortgage Expert predicts interest rates will still remain higher than pre-pandemic levels
Hodge Bank’s 2025 Predictions: Interest Rates and House Prices Outlook James Enos, Hodge Bank, suggests consumers remain mindful that interest rates will likely still remain higher than pre-pandemic levels. The fate of house prices for 2025 are in the hands of consumer confidence and appetite to purchase. Hodge Bank anticipates that the year will see…
EAN Breaking News
Breaking Property News 13/03/25
Daily bite-sized proptech and property news in partnership with Proptech-X. Fintech mortgage broker Habito launches its own accelerator program Accelerator opportunity for three founders in Habito’s first cohort Digital mortgage broker Habito is excited to announce the launch of the Habito Accelerator, an industry first initiative designed specifically for ambitious entrepreneurial mortgage broker firms that are…
Andrew Stanton
Landlords optimistic about 2025, but concerns over regulation and economy remain
UK landlords remain confident in the buy-to-let (BTL) market, with many planning to expand their portfolios in 2025, but economic and regulatory uncertainties continue to dampen their outlook, new research from Market Financial Solutions has found. The London-based lender commissioned an independent survey of 300 UK landlords to gauge their sentiment towards the BTL market…
EAN Breaking News
61% of UK brokers relying on specialist lenders
Majority of brokers regularly use specialist lenders to place complex cases A new survey of 300 UK mortgage brokers has found: · 61% rely on specialist lenders to find the right product for their clients · 51% said that finding financial products for HNWIs and ultra-HNWIs is challenging · 56% find it challenging to…
EAN Breaking News
Breaking Property News 12/03/25
Daily bite-sized proptech and property news in partnership with Proptech-X. Robin Rathore CEO of Bamboo Auctions strengthens board with two key hires Bamboo Auctions, the online property auction technology specialists, has appointed proptech and fintech heavyweights Gary Barker and Rob Barnett to its board to help support its ambitious growth and business expansion plans. Bamboo Auctions currently provides…
Andrew Stanton
Planning Bill is a huge opportunity to save British construction
The Government has finally unveiled the Planning and Infrastructure Bill, introducing a number of measures that change some fundamental elements of how planning works. Richard Beresford, Chief Executive of the National Federation of Builders (NFB), commented: “The Labour Government is wasting no time in proving that their manifesto pledges on planning reform are real. Planning…
EAN Breaking News
Bank of England Mortgage Lenders and Administrators Statistics showing increase in first time buyers
Mortgage Lenders and Administrators Statistics – 2024 Q4 The Mortgage Lenders and Administrators Return (MLAR) is a quarterly statistical release aggregated from data on mortgage lending activities provided by around 340 regulated mortgage lenders and administrators. Key findings The outstanding value of all residential mortgage loans increased by 0.5% from the previous quarter to £1,678.2…
EAN Breaking News
Law Firm Sees 94% Increase In Home Sellers ahead of Stamp Duty Change
Taylor Rose, the leading independent law firm, has seen a 94% increase in conveyancing instructions compared to last year. Data reveals that Taylor Rose has received 5,297 instructions – the point when a buyer moves forward with the purchase agreement of a property – in January and February 2025 compared to 2,738 in the same…
EAN Breaking News
Breaking Property News 11/03/25
Daily bite-sized proptech and property news in partnership with Proptech-X. Aurelius company tmGroup acquires Veya Press Release – London – tmGroup, a leading provider of property data and technology solutions, is pleased to announce the acquisition of Veya, an innovative title deed analysis and early warning platform. This strategic acquisition comes quickly after the business recently…
Andrew Stanton