Acquisitions
PRS REIT proposes members’ voluntary liquidation following sale
Manchester-based private rented housing group prepares to wind down operations
News
Agency
Barclays backs The Property Franchise Group to drive franchisee growth
New facility marks a significant financial initiative for TPFG
Agency
Property firm becomes the first in the sector to adopt AI-generated ads on Channel 4
The campaign will now air on Channel 4’s streaming platform
People
Comings & Goings
Snippets of industry news: Claire Hardwick joins her husband at Hardwick Estate Agents; Fred Jones to lead Outra; NHQB appoints board
People
RICS pays tribute following death of former chairman and estate agent
Longest-surviving former president has passed away
Lettings
Councils urged to improve relations with agents and landlords to boost housing stock
Propertymark CEO argues that licensing is not the best method when looking to improve property supply
Finance
UK mortgage lending rebounds in Q3, says UK Finance
Mortgage lending returned to growth in the third quarter after a quieter start to the year
Lettings
Tax hikes will worsen the housing crisis, landlords warn
Many landlords are already considering reducing the size of their investment or leaving the sector entirely
Agency
Property industry veteran unveils new consultancy venture
Former Property Academy managing director to work with estate agents
Politics
Iamproperty launches The 2025 Budget Playbook for Estate Agents
The Autumn Budget has created some much-needed clarity for estate agents
Agency
Major estate agency fined £120k for unauthorised works at Grade I branch
The works were discovered on a site visit by the council
Agency
Father-and-son agency team expands into new territory
Buoyed by a strong first year, the duo is pressing ahead with expansion
Acquisitions
Chestertons acquires online agency
Agency has steadily grown its portfolio and serves a wide range of landlord clients, many of whom are based in Hong Kong
Politics
Dexters chairman Justin King says the chancellor’s stance on tax hikes was ‘misleading’
As a former chief executive of Sainsbury’s, King's comments carry significant weight in the business community
Agency
Agents face rising Rightmove fees – but don’t yet know how high next year’s hike will be
Research recently revealed that Rightmove fees now account for up to 13.5% of an agent’s commission
Lettings
New data ‘point towards new rental records being set next year’
The Renters’ Rights Act is expected to fuel rental price growth
Acquisitions
Fast-growing agency acquires Sheldon Bosley Knight’s lettings arm
The agency says it is exceptionally well-positioned for an ambitious phase of expansion in 2026
Finance
Mortgage searches plummet after Budget shake up
Record product availability at 29,200 shows strong lender appetite
Politics
More than 4.6m homes across England at risk of flooding
London has the highest number of high-risk properties
Agency
Propertymark talks up prospects of a big ‘Boxing Day Bounce’
Professional body says it expects to see an increase in online searches, enquiries, and valuation requests