UK & International Property News Service
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UK property sales recovered to 24,400 homes sold subject to contract in the week ending 16 August 2026, rebounding from the previous week's dip to 21,700. Year-to-date sales stand at 786,000, down 7.1% on 2025 but 6% above pre-pandemic averages. The post UK property sales rebound after August slowdown appeared first on PropertyWire .
Landlords risk losing up to £59,000 in property value if they fail to maintain their rental properties adequately, according to new research from property management specialist Rushbrook. The analysis found London landlords face the highest potential losses. The post Poor maintenance could cut landlord property values by £59k appeared first on PropertyWire .
Analysis of letting agent websites reveals that high traffic volumes are failing to generate landlord enquiries, with industry experts highlighting the gap between visitor numbers and lead conversion rates. Data shows that while most letting agency websites receive traffic from property portals, search engines and social media, these visits frequently do not translate into new business enquiries.…
Burnley Council is consulting on extending Article 4 powers to six additional wards, which would require landlords across the entire borough to obtain planning permission before converting properties into houses in multiple occupation. A six-week public consultation will precede a final decision scheduled for September 2027. The post Burnley Council proposes borough-wide HMO planning controls…
Propertymark has integrated free basic material information reports into its referral platform through a partnership with property data provider Propalt. The integration allows members using Propertymark Connect to access complimentary property intelligence reports when sending referrals through the network. The post Propertymark integrates free property reports into referral network appeared…
Rental property listings in England have increased by 7.45% year-on-year, with Tyne and Wear recording the highest growth rate at 86.6%. Analysis by lettings software provider Propoly reveals significant regional variations, with some counties experiencing sharp declines in available rental stock. The post Tyne and Wear rental listings surge 86.6% annually appeared first on PropertyWire .
Prince Harry and Meghan are expected to relocate from the United States to a private residence outside London later this month. Property professionals predict the Cotswolds or Northamptonshire as the most likely locations for the couple's new home. The post Cotswolds tipped as likely location for royal relocation appeared first on PropertyWire .
Luxembourg-based private equity firm CVC has acquired a majority stake in OpenRent, Britain's largest lettings agency by transaction volume, in its first major investment in the UK residential housing market. The deal, subject to regulatory approval, will see founders Adam Hyslop and Darius Bradbury retain significant equity whilst continuing to lead the business. The post CVC acquires majority…
Buyer demand weakened in June as affordability pressures and economic uncertainty continued to affect the housing market, according to Propertymark's latest data. The average number of new prospective buyers registering at each member branch fell to 55 during the month, while sales agreed remained stable at 7.8 per branch. The post Buyer registrations decline while sales remain stable appeared…
A Glasgow-based property management and lettings firm has completed its first acquisition, setting a target of £4m in turnover within five years as it expands across Scotland's Central Belt. Dwello Property has acquired the lettings business of Thomson Residential, adding to a portfolio that has grown to more than 1,500 homes under management. The post Glasgow lettings firm eyes £4m turnover after…