PropertyWire
UK & International Property News Service
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Latest posts
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Estate agency tech platform launches with cost-offset model
Iamproperty has launched a unified technology platform for estate agencies that claims to reduce or eliminate software costs through a revenue-sharing model. The platform consolidates services including auctions, conveyancing, CRM systems and property data into a single system.…
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Estate agency platform offers credit-based software model
Estate agency software provider iamproperty has launched a platform allowing agents to offset software costs through credits earned from transactions. The company has not disclosed the business volumes required to eliminate software costs or standard subscription prices. The…
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Free property packs launched to reduce transaction times
Estate agents and mortgage brokers can now access free property information packs through a new scheme from conveyancing firm YouConvey, which claims the service could reduce transaction times by up to five weeks. The initiative provides upfront property data without…
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HMRC guidance tightens AML compliance for self-employed agents
Self-employed estate agents and the networks they operate under face increased scrutiny of their anti-money laundering procedures following updated guidance from HMRC. The guidance clarifies how existing requirements apply to self-employed agents, home-based businesses, and…
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Landlords secure full rent increases in just 28% of cases
Landlords secured their full proposed rent increases in only 28.4% of tribunal cases during September 2026, according to analysis of 74 First-tier property tribunal decisions in England. The research found that 71.6% of cases ended with smaller increases than requested, no…
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Conveyancer shortage prompts recruitment drive for 2,000
The Council for Licensed Conveyancers has launched a campaign to recruit 2,000 additional conveyancers by 2030, addressing a workforce shortage that has seen numbers drop from 13,000 in 2021 to 10,000 currently. The initiative aims to reduce transaction delays and could support…
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Lender provides £774,000 for Yorkshire hotel acquisition
A specialist lender has provided £774,000 in bridging finance for the acquisition of a mixed-use seafront property in East Yorkshire, completing the transaction in under two months. The 18-month facility was advanced at 90% loan-to-value against a purchase price of £860,000. The…
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Shawbrook completes £271k bridging loan in 10 days
Shawbrook Bank has completed a £271,000 bridging loan for Vitae Investments Ltd, releasing equity from a property in Bexhill-on-Sea. The transaction was completed within 10 working days of agreement in principle, three days ahead of the borrower's deadline. The post Shawbrook…
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Smart locks for UK homes: costs, installation and insurance
A growing number of UK homeowners are installing smart locks on their front doors, but industry experts warn that buyers must carefully consider compatibility, insurance requirements and professional installation to avoid invalidating home cover. Smart locks allow entry without…
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Building safety crisis drains leaseholder finances
Leaseholders continue to deplete their savings whilst awaiting resolution of the building safety crisis, according to campaigners, despite new government measures introduced to Parliament aimed at expanding financial protections. More than nine years after the Grenfell Tower…
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eXp UK reduces commission cap for high-producing teams
eXp UK has announced changes to its commission structure, reducing the cap for qualifying estate agency teams by £6,000 as part of a new tiered model launching on 1 November 2026. The self-employed estate agency network will introduce a Premier Teams structure alongside its…
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Three lettings firms merge under new group structure
Propoly, LegalforLandlords and Landlord Lounge have merged under the Rental Intelligence Group to streamline lettings administration. The group plans to integrate services and introduce AI automation, though specific timelines and cost savings remain unquantified. The post Three…
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UK house prices forecast to rise 1.5% in 2027
House prices across Britain are expected to rise by 1.5% in 2027, with modest growth continuing through 2029, according to forecasts from Connells Group. The estate agency network projects prices will increase by 1% in 2026, followed by 1.5% in 2027, 2.5% in 2028, and 2% in…
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Tribunal hears £1.5bn group claim against Rightmove
The Competition Appeal Tribunal is hearing arguments on whether a £1.5 billion legal action against Rightmove can proceed as a collective claim on behalf of thousands of estate agents. The case alleges that Rightmove abused its dominant market position by charging excessive and…
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Bank of England poised for rate rise amid inflation jump
The Bank of England is expected to raise the base interest rate by 0.25 percentage points on Thursday, with market traders pricing in a near-96% probability of an increase. The anticipated move follows a recent jump in inflation to 3.5%. The post Bank of England poised for rate…
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Property tax reform needed to address housing crisis
The UK's housing system has been described as "one of the most dysfunctional in the world" by Oxford academic John Muellbauer, who argues that fundamental tax reform is necessary to address chronic affordability issues. Proposals include remodelling council tax into an annual…
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Mortgage overpayments can save thousands in interest costs
A Banbury couple cleared their £280,000 mortgage seven years early through strategic overpayments, saving approximately £30,000 in interest. Financial analysis shows even modest monthly overpayments of £20-£100 can save thousands in interest and reduce mortgage terms by months…
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Prime London property prices fall 5% in third quarter
Eight out of ten properties in prime central London now sell below asking price, with prices in the capital's most expensive postcodes falling 5% in the third quarter of 2026. Properties in areas including Mayfair, Belgravia and Knightsbridge are selling at an average 10%…
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Five isolated rural properties listed across England and Wales
Five properties in isolated rural locations across England and Wales have been listed for sale, ranging from £195,000 to £895,000. The properties include period homes and a renovation project requiring complete structural work. The post Five isolated rural properties listed…
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Gas standing charge removal raises questions for landlords
The government's plan to remove gas standing charges presents mixed implications for landlords who include utilities in rental agreements. The impact will depend on contract types and whether properties operate on domestic or commercial energy arrangements. The post Gas standing…