Property Industry Eye

Property Industry Eye

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UK‑based trade publication reporting on commercial property market trends, valuations and investment strategies.

LRG Acquires Long-Standing Estate Agency
NewsApr 1, 2026

LRG Acquires Long-Standing Estate Agency

London Residential Group (LRG) has acquired independent London estate agency Farrar & Co, a Chelsea‑based firm founded in the 1950s. The deal, terms undisclosed, keeps the Farrar & Co brand and staff intact, with co‑founder Julian Chambers staying on board....

By Property Industry Eye
What Are the Key Digital Marketing Trends for Estate Agents in 2026?
NewsMar 31, 2026

What Are the Key Digital Marketing Trends for Estate Agents in 2026?

Estate agents must adapt to AI‑driven digital marketing in 2026, with AI Optimisation (AIO) and Generative Engine Optimisation (GEO) becoming essential for visibility in AI‑powered search. Advanced video generators such as Higgsfield, Sora 2 and Nano Banana 2 enable rapid production of high‑quality...

By Property Industry Eye
UK Mortgage Approvals See Biggest Rise Since November, BoE Reports
NewsMar 31, 2026

UK Mortgage Approvals See Biggest Rise Since November, BoE Reports

The Bank of England reports the biggest month‑on‑month rise in UK mortgage approvals since November, indicating renewed buyer interest. Approvals are up roughly 15 % year‑over‑year as lower rates improve affordability compared with a year ago. Yet borrowing costs have jumped...

By Property Industry Eye
Major Property Firm Rebrands Following Acquisition
NewsMar 31, 2026

Major Property Firm Rebrands Following Acquisition

BTG Eddisons Property Auctions has rebranded after acquiring Network Auctions, joining three other firms under a single national brand. The combined group, which includes Pugh, SDL Property Auctions and Mark Jenkinson, sold more than £375 million (≈$480 million) of property and land...

By Property Industry Eye
Outsourced Viewing Service Founded by Former Estate Agent Hits Major Milestone
NewsMar 30, 2026

Outsourced Viewing Service Founded by Former Estate Agent Hits Major Milestone

Viewber, the UK‑wide on‑demand property service founded by former estate agent Ed Mead, has hit its 1,000,000th appointment milestone. Since its 2016 launch, the company has broadened from assisted viewings to inspections, marketing, tenant checks and fire‑door compliance, with estate‑agency...

By Property Industry Eye
Landlords Hit as Buy-to-Let Borrowing Costs Surge
NewsMar 30, 2026

Landlords Hit as Buy-to-Let Borrowing Costs Surge

Buy‑to‑let mortgage rates have jumped, with two‑year fixes now at 5.40% and five‑year fixes at 5.91%, the highest levels in a year. A typical £250,000 (≈ $320,000) loan sees monthly repayments rise by about £1,100 (≈ $1,400). Product availability has slipped below...

By Property Industry Eye
Housing Market Holds Firm as Serious Buyers Drive Sales, Enquiries Fall 13%
NewsMar 30, 2026

Housing Market Holds Firm as Serious Buyers Drive Sales, Enquiries Fall 13%

Zoopla’s latest House Price Index shows the UK housing market staying resilient despite a 13% drop in buyer enquiries year‑on‑year in March 2026, driven by higher mortgage rates linked to Middle‑East tensions. Agreed sales have slipped only 2% YoY, buoyed...

By Property Industry Eye
Rugby Star Buys Estate Agency in Expansion Move
NewsMar 30, 2026

Rugby Star Buys Estate Agency in Expansion Move

Blackbear, the estate agency owned by Scarlets scrum‑half Gareth Davies, has acquired Tenby‑based Chandler Rogers for an undisclosed fee, less than 18 months after opening its first Haverfordwest branch. The purchase represents Blackbear’s third expansion in just a year and...

By Property Industry Eye
Possession Court Delays Increase Financial Strain on Landlords and Letting Agents
NewsMar 25, 2026

Possession Court Delays Increase Financial Strain on Landlords and Letting Agents

New analysis by Legal for Lettings shows possession court delays are costing landlords heavily. In London, average losses per case have risen to about $34,000, with wait times up to twelve months. Six surrounding courts in the South East report...

By Property Industry Eye
Movera Reports Strong Growth and Hiring Drive as Completions Surge
NewsMar 25, 2026

Movera Reports Strong Growth and Hiring Drive as Completions Surge

Movera reported a 33% year‑on‑year increase in sale‑and‑purchase completions across ONP Solicitors and Cavendish for 2025, while its ONP remortgage team processed 5,000 cases in a single day on two occasions. The group added more than 150 new staff, pushing...

By Property Industry Eye
Property Market ‘Considerably Less Rattled’ than Expected, Says LRG
NewsMar 24, 2026

Property Market ‘Considerably Less Rattled’ than Expected, Says LRG

LRG's Spring 2026 Sales Report finds 52% of active property buyers in England and Wales are purchasing with cash, indicating the market is less sensitive to mortgage‑rate fluctuations. The Bank of England kept its policy rate at 3.75% as Middle‑East tensions...

By Property Industry Eye
Alex Chesterman Returns to the Property Stage to Focus on Lettings
NewsMar 24, 2026

Alex Chesterman Returns to the Property Stage to Focus on Lettings

Alex Chesterman, the Zoopla founder, will speak at the inaugural Goodlord Leaders Forum in London on April 14, bringing his expertise to a panel that includes the Goodlord CEO, a Ministry of Housing deputy director, and the National Residential Landlords...

By Property Industry Eye
Estate Agency Fined for Underpaying Staff
NewsMar 24, 2026

Estate Agency Fined for Underpaying Staff

East Anglia estate agency Starkings & Watson was publicly named after an investigation revealed it underpaid staff, ordering it to repay £1,357 (approximately $1,720) to six employees. The firm and its parent SWEA Ltd appear on the Department for Business...

By Property Industry Eye
Most Letting Agents Not Meeting Client Money Protection Rules
NewsMar 24, 2026

Most Letting Agents Not Meeting Client Money Protection Rules

The Letting Partnership audited 200 letting‑agent websites and found only 38% clearly displayed a valid Client Money Protection (CMP) certificate, while 62% did not. Failure to show CMP can attract fines up to £5,000 (approximately $6,350). The sector is under...

By Property Industry Eye
Vendors Feel Tied Down by Estate Agent Contracts
NewsMar 24, 2026

Vendors Feel Tied Down by Estate Agent Contracts

A OnePoll survey of 1,000 recent UK home sellers reveals that six in ten feel constrained by estate‑agent contracts, with 62% tied to a single agent and 47% signing sole‑agency or sole‑selling‑rights agreements. Fees are a major grievance; 25% deem...

By Property Industry Eye
Strategic Tie-Up Aims to Increase Agent Revenues
NewsMar 24, 2026

Strategic Tie-Up Aims to Increase Agent Revenues

The Guild of Property Professionals has teamed up with HomeLet and Let Alliance to launch Guild Lettings+, a new service aimed at helping agents increase revenue per tenancy. The offering bundles tenant referencing, rent‑guarantee cover and compliance tools as the...

By Property Industry Eye
Section 21 Repossession Claims Fall, Government Data Shows
NewsMar 24, 2026

Section 21 Repossession Claims Fall, Government Data Shows

Government data shows Section 21 possession claims in England fell to 28,112 in 2025, the lowest level since 2022, with the final quarter recording just 6,367 claims. Homelessness risk linked to Section 21 notices dropped 18.6% year‑over‑year in Q3 2025. The Renters’...

By Property Industry Eye
New Town Locations Confirmed by Government
NewsMar 23, 2026

New Town Locations Confirmed by Government

The UK government has announced seven new‑town sites, each slated to deliver at least 10,000 homes, with some schemes exceeding 40,000 units. The locations – ranging from Tempsford in Bedfordshire to Milton Keynes and two sites in Greater London –...

By Property Industry Eye
Check if Your Area Is Among the Most or Least Affordable for First-Time Buyers
NewsMar 23, 2026

Check if Your Area Is Among the Most or Least Affordable for First-Time Buyers

Nationwide’s latest Affordability Report shows housing affordability improving across Great Britain, yet stark regional gaps persist. London’s Kensington & Chelsea remains the least affordable area with a first‑time‑buyer house‑price‑to‑earnings ratio (HPER) of 13.9, while Inverclyde in Scotland is the most...

By Property Industry Eye
Property Auction Market Hits ‘New Benchmarks’ as Supply and Sales Volumes Surge
NewsMar 23, 2026

Property Auction Market Hits ‘New Benchmarks’ as Supply and Sales Volumes Surge

UK property auction market set new benchmarks in Q4 2025, with supply and sales volumes surging across regions. Overall lots offered increased 14.2% to 3,948 in December and 10.4% year‑to‑date, while lots sold rose 15.1% to 2,771, pushing total proceeds...

By Property Industry Eye
Propertymark Invites Members to Join Agent Advisory Board
NewsMar 23, 2026

Propertymark Invites Members to Join Agent Advisory Board

Propertymark, together with REACH UK, is launching an Agent Advisory Board for member agents, with its inaugural session on 13 May 2026 in Westminster. The board serves as a working forum where agents gain early access to the 2026 REACH UK cohort...

By Property Industry Eye
Tight Supply and Rising Costs Shape Start of 2026 Property Market
NewsMar 20, 2026

Tight Supply and Rising Costs Shape Start of 2026 Property Market

January 2026 showed a mixed property market. New buyer registrations steadied at 74 per branch, while 29 % of adults reported difficulty covering rent or mortgage payments. In lettings, each available home attracted an average of seven applicants, even as fully managed...

By Property Industry Eye
Lettings Market Shows Resilience Amid Post-Budget Tax and Legislative Changes
NewsMar 20, 2026

Lettings Market Shows Resilience Amid Post-Budget Tax and Legislative Changes

The UK lettings market has shown unexpected stability after the Autumn Budget, defying forecasts of a mass landlord exit. LRG’s Winter 2025/26 Lettings Report finds 51% of landlords intend to maintain or grow their portfolios, with tenant affordability driving 46%...

By Property Industry Eye
Mydeposits and Reposit Join Forces
NewsMar 20, 2026

Mydeposits and Reposit Join Forces

mydeposits has partnered with Reposit to let letting agents manage both traditional tenancy deposits and Reposit’s fee‑based alternative on a single platform. The integration combines mydeposits’ government‑authorised protection scheme with Reposit’s model where tenants pay a one‑week‑rent fee and landlords...

By Property Industry Eye
Who Is Buying Homes Being Sold by Buy-to-Let Investors?
NewsMar 18, 2026

Who Is Buying Homes Being Sold by Buy-to-Let Investors?

The UK private rented sector (PRS) fell 5.1% in value last year, marking a third consecutive year of decline and a £79 bn loss since 2022. While overall UK housing rose 3.8%, landlord exits are accelerating, prompting questions about who purchases...

By Property Industry Eye
Hundreds of Homes to Be Sold After Shadow Bank’s Collapse
NewsMar 18, 2026

Hundreds of Homes to Be Sold After Shadow Bank’s Collapse

Market Financial Solutions, a £2 bn shadow bridging lender, entered administration after allegations of double‑pledged assets, leaving an estimated £1.3 bn shortfall for creditors. Administrators FRP Advisory and Begbies Traynor have been tasked with selling more than 250 property companies linked to...

By Property Industry Eye
Comings & Goings
NewsMar 18, 2026

Comings & Goings

Yorkshire’s largest independent estate agency Dacre, Son & Hartley appointed Cleo Howell as head of finance, overseeing accounting for its 17 offices and recent acquisitions. Knight Frank promoted Arya Salari, Eddie Thomas and James Thistle to Proprietary Partner, highlighting leadership in lettings, capital...

By Property Industry Eye
Well-Established Franchise Acquires Independent Agency
NewsMar 18, 2026

Well-Established Franchise Acquires Independent Agency

Your Move franchisee Chris Stonock has acquired Newcastle‑based Rhapsody Property Consultants, adding a 20‑year‑old lettings business to its network. The purchase expands the franchise to 14 offices covering the NE1‑NE3 postcodes and brings a sizable student and professional lettings portfolio....

By Property Industry Eye
Most and Least Affordable Areas to Move up the Property Ladder Revealed
NewsMar 18, 2026

Most and Least Affordable Areas to Move up the Property Ladder Revealed

Rightmove’s March data shows the price gap between a typical first‑time‑buyer home and a mid‑market three‑to‑four‑bedroom property has hit a record 52%, widening to £118,902. Nationally the average first‑time price is £226,955, while a second‑step home costs £345,857, demanding a...

By Property Industry Eye
Kate Faulkner’s Propertychecklists Platform Acquired by LIS Media
NewsMar 18, 2026

Kate Faulkner’s Propertychecklists Platform Acquired by LIS Media

LIS Media, the owner of the National Landlord Investment Show and several property‑focused media brands, has acquired Propertychecklists.co.uk from Designs on Property Ltd. As part of the deal, Kate Faulkner joins LIS Media as a property market analyst, contributing to...

By Property Industry Eye
Sub-4% Fixed Rate Mortgages Disappear From the Market
NewsMar 18, 2026

Sub-4% Fixed Rate Mortgages Disappear From the Market

Sub‑4% fixed‑rate mortgages have vanished from the UK market as major banks withdrew the last remaining two‑ and five‑year products in early March. The pull‑back follows a wave of lender repricing driven by rising swap rates and heightened margin concerns....

By Property Industry Eye
Leasehold Reform Risks Missing the Real Problems
NewsMar 16, 2026

Leasehold Reform Risks Missing the Real Problems

Angela Rayner urged stricter control of lease‑hold management, highlighting ongoing disputes over ground rents, service charges, and cladding repairs. Leaseholders face costly repairs and resale challenges, while landlords resist reforms that could affect future ground‑rent income. Existing Section 20 rules already...

By Property Industry Eye
London Estate Agents Report Uptick in Enquiries From Gulf Region
NewsMar 16, 2026

London Estate Agents Report Uptick in Enquiries From Gulf Region

London’s prime estate agents are seeing a sharp rise in enquiries from Gulf‑region buyers and renters as the regional conflict fuels safety concerns. Beauchamp Estates reported a 15% increase in Gulf‑origin enquiries over the past two weeks, with Gulf nationals...

By Property Industry Eye
Agents Urged to Help Shape the Future of the Property Market
NewsMar 16, 2026

Agents Urged to Help Shape the Future of the Property Market

The Smart Property Data Trust Framework sandbox, funded with a £742,700 government award, has launched to build a more efficient, transparent housing market. Delivered by the Council for Licensed Conveyancers and the Open Property Data Association, the 12‑month pilot uses...

By Property Industry Eye
Mansion Tax: The Impact so Far on the Property Market
NewsMar 13, 2026

Mansion Tax: The Impact so Far on the Property Market

Chancellor Rachel Reeves' mansion tax, a £2 million high‑value council tax surcharge slated for April 2028, is already shaping England's premium property market. In London and the South East, sellers are trimming prices just below the threshold while buyers are discounting offers to...

By Property Industry Eye
Comings & Goings
NewsMar 13, 2026

Comings & Goings

BNP Paribas Real Estate and Strutt & Parker announced 95 UK promotions effective March 1, 2026, spanning senior director to associate levels and highlighting the firms’ integration progress. The promotions cover commercial, residential and rural specialties across major cities, reinforcing a talent‑first strategy....

By Property Industry Eye
BTL Landlords Urged to Review Ownership Structures Ahead of Tax Changes
NewsMar 13, 2026

BTL Landlords Urged to Review Ownership Structures Ahead of Tax Changes

Portfolio landlords face higher income tax rates as the UK government plans to raise the basic rate to 22%, the higher rate to 42%, and the additional rate to 47% from April 2027. Finance cost relief will also increase to...

By Property Industry Eye
Upfront Information – Is Inspector Morse or Ronan Keating Correct?
NewsMar 12, 2026

Upfront Information – Is Inspector Morse or Ronan Keating Correct?

The article revisits the “upfront information” debate that resurfaced after the 2010 repeal of Home Information Packs, arguing that while providing material data early can speed transactions, it also risks prompting buyers to walk away, pressuring sellers to lower prices....

By Property Industry Eye
Redress Scheme Flooded with Enquiries Ahead of Renters’ Rights Act
NewsMar 12, 2026

Redress Scheme Flooded with Enquiries Ahead of Renters’ Rights Act

Tenant complaints to The Property Ombudsman surged 58% between November 2025 and February 2026 as the Renters’ Rights Act approaches implementation in May 2026. The Act will abolish Section 21 evictions, end fixed‑term assured shorthold tenancies, and tighten rent rules, reshaping...

By Property Industry Eye
Estate Agents Expect AI to Transform How Buyers Find Homes
NewsMar 12, 2026

Estate Agents Expect AI to Transform How Buyers Find Homes

Estate agents recognize AI’s potential but see limited current impact, with only 7% reporting improved listing visibility. A GetAgent survey reveals 84% expect AI‑powered search to become the primary way buyers find homes, while 88% warn that firms ignoring AI...

By Property Industry Eye
Renters’ Rights Act Set to Drive Increase in ‘Expensive’ Rental Disputes
NewsMar 12, 2026

Renters’ Rights Act Set to Drive Increase in ‘Expensive’ Rental Disputes

Tenancy disputes in England and Wales rose 6% over the past year, with 35% of landlords reporting at least one conflict. The Renters’ Rights Act, slated for 1 May 2026, is expected to further increase dispute frequency as tenants gain stronger protections....

By Property Industry Eye
UK Housing Demand Rebounds with London Leading the Charge
NewsMar 12, 2026

UK Housing Demand Rebounds with London Leading the Charge

Buyer demand for UK homes rebounded in February, with new applicant registrations up 1.5% year‑on‑year, marking the strongest start since 2022. London led the surge, posting an 8% increase and a 35% rise versus February 2019, especially in Outer London where...

By Property Industry Eye
Strong Tenant-Landlord Relationships Linked to Longer Tenancies
NewsMar 12, 2026

Strong Tenant-Landlord Relationships Linked to Longer Tenancies

The LRG Winter 2025/26 Lettings Report finds that 68% of tenants cite a strong relationship with their landlord or agent as the top factor for staying long‑term, outpacing rent, location and property quality. The report also notes that 24% of renters...

By Property Industry Eye
Estate Agents to Earn Commission From Out-of-Area Leads Under New Agreement
NewsMar 12, 2026

Estate Agents to Earn Commission From Out-of-Area Leads Under New Agreement

Homeflow has partnered with the Relocation Agent Network (RAN) to launch Homeflow Referrals, a one‑click add‑on to its Lead Manager that lets estate agents refer out‑of‑area enquiries to nearby RAN members and earn a share of the commission if the...

By Property Industry Eye
EYE NEWS UPDATE: Connells Group Agrees Major Deal with OnTheMarket
NewsMar 9, 2026

EYE NEWS UPDATE: Connells Group Agrees Major Deal with OnTheMarket

Connells Group, the UK’s largest estate‑agency network, has signed a partnership with property portal OnTheMarket, adding roughly 100,000 listings from its 1,263 branches. The deal follows CoStar Group’s recent investment in OnTheMarket and comes just two months after Connells renewed...

By Property Industry Eye
Comings & Goings
NewsMar 9, 2026

Comings & Goings

JLL announced Andrew Frost will become chairman of its UK business on March 31, 2026, moving from his role as head of UK capital markets; Julian Sandbach will succeed him as head of UK Capital Markets while John Woodger leads...

By Property Industry Eye
A Legal Guide to Landlords Regaining Possession of Their Property
NewsMar 9, 2026

A Legal Guide to Landlords Regaining Possession of Their Property

Landlords and letting agents currently rely on Section 21 notices to regain possession of assured shorthread tenancies, but the Renters’ Rights Act 2025, effective 1 May 2026, will abolish ASTs and eliminate no‑fault notices. After that date, possession can only be obtained on at...

By Property Industry Eye
UK Property Sector Gender Pay Gap Continues to Widen
NewsMar 9, 2026

UK Property Sector Gender Pay Gap Continues to Widen

The UK property sector’s gender pay gap has widened to 14.2%, making it the fourth‑worst industry in Britain. Over the past decade the gap grew by 1.6 percentage points, and it jumped 5.5 points in the last year – the...

By Property Industry Eye
Landlords Facing £26bn ‘Green Tax’ to Meet Government’s Energy Targets
NewsMar 9, 2026

Landlords Facing £26bn ‘Green Tax’ to Meet Government’s Energy Targets

Landlords in England and Wales must bring 3.38 million rental properties up to a minimum EPC Band C by October 2030 under the government’s Warm Homes Plan. The average retrofit cost is £7,633, rising to over £12,000 in rural and northern areas, creating...

By Property Industry Eye