Property auction sales a hit – but with strong regional variation
The latest residential and commercial property auction data has been released.
NEWS ARCHIVES
New build property value climbs by 23% in 12 months
The value of new build property has increased significantly in the last year, outperforming the existing property market, according to new research.
Office-to-residential conversion restrictions welcomed
This shift away from automatically allowing developers to convert commercial buildings into apartments could lead to an increase in new office developments and business investment.
Technophobia leaving agents vulnerable on money laundering, warns SmartSearch
A lack of trust in technology is leaving some regulated firms, including estate agencies, vulnerable to financial crime, according to anti-money laundering software provider SmartSearch.
Rents edge up in the UK, but growth is largely unchanged
Average UK rents rose during Q3 2022, new data shows.
EYE NEWSFLASH: Michael Gove replaces Simon Clarke as housing secretary
Simon Clarke is out as the Levelling Up, Housing and Communities Secretary; a full cabinet is in the process of being appointed.
Almost half of agents inaccurately value properties, claims allAgents
allAgents says that a worryingly high number of estate agents are inaccurately valuing homes.
Prospective first-time buyers advised to wait until 2024
Forecasts by the Centre for Economics and Business Research predict house prices across the UK will fall by 8-10% over the course of next year.
Property industry reacts to Rishi Sunak becoming prime minister
Rishi Sunak, as the new prime minster, has a task on his hands and must get his feet under the table quickly.
Housing market outlook: What to expect in 2023
What is the outlook for property prices, transactions and the letting market next year?