Author: Benjamin

[openai_chatbot] rewrite this content and keep HTML tags as is: Glenigan has released its widely anticipated UK Construction Industry Forecast 2025-2027, predicting that housebuilding and other sectors will see a resurgence of activity over the next couple of years. Private housing starts have already shown marked improvement during the first four months of 2025, bolstered by more favourable market conditions. While a brief retrenchment is anticipated in Q2, this is expected to be temporary. Encouragingly, the housing market is forecast to strengthen considerably during the latter half of 2025 and throughout 2026, driven by rising household incomes, reduced mortgage rates…

[openai_chatbot] rewrite this content and keep HTML tags as is: The Annual Property Market Report has been published by Registers of Scotland (RoS) revealing that in the last 10 years the value of the Scottish residential property market has increased by 45%, from £15.7bn to £22.7bn. According to the latest research, the average price of a residential property in Scotland reached 190,000 in 2024-25, an increase of 3% from £185,000 in 2023-24. Some 99,975 residential property sales were recorded in Scotland, an increase of 7% on 2023-24, while the total value of residential property sales in Scotland – £22.7bn – represents an increase…

[openai_chatbot] rewrite this content and keep HTML tags as is: Welcome to the latest episode of the UK Property Market Stats Show, your go to weekly ‘TV show’ on the UK Property Market. This week, I am joined by Steph Walker-Vass, boss lady of TAUK, as we delve into the key property market headlines for 23rd week of 2025 ending on the 15th June 2025.     ✅ Listings (New Properties on the Market) 37.6k new listings this week (last week 39.3k) YTD 5% higher than Week 23 of 2024 YTD and 8% higher YTD compared to 2017/18/19. ✅ Price Reductions (% of…

[openai_chatbot] rewrite this content and keep HTML tags as is: The Bank of England left interest rates on hold at 4.25% yesterday, but the property industry has broadly welcomed signals of further cuts in the cost of borrowing, which could come as soon as August, after “clearer evidence” of growing unemployment amid a slowing economy. Uncertainty facing the economy led to interest rates being held this month, with six members of the Bank’s nine-member monetary policy committee (MPC) voting to keep rates on hold while three preferred a reduction to 4%, to add to the four quarter-point cuts since last…

[openai_chatbot] rewrite this content and keep HTML tags as is: Property professionals, including estate and letting agents, have been listed among others by HMRC for deliberate tax default [/openai_chatbot] #Agents #named #shamed #HMRC #unpaid #tax Source link

[openai_chatbot] rewrite this content and keep HTML tags as is: The House of Lords Industry and Regulators Committee has issued a call for evidence for its short inquiry into the Building Safety Regulator (BSR). The inquiry will focus on reports of delays to approvals by the regulator for new high-rise buildings and maintenance of existing buildings. The committee is seeking evidence from building industry specialists, housing associations, architects, resident groups, safety experts, local authorities and other relevant stakeholders on a number of questions, including:  + has the introduction of the BSR improved the safety of the buildings it is responsible for?…

[openai_chatbot] rewrite this content and keep HTML tags as is: Reapit has announced its next major offering: Reapit AI (RAI), an AI-powered assistant designed to help sales and property management professionals work smarter, faster, and more efficiently. Launching early in 2026, RAI will be embedded deeply into the Reapit platform, providing agents with a “digital co-worker” that automates time-consuming tasks and delivers insights and communication in the agency’s unique brand voice. This ranges from property descriptions and prospecting to maintenance coordination and analysis. “Estate agencies are under increasing pressure to do more with less, and we believe AI should be…

[openai_chatbot] rewrite this content and keep HTML tags as is: Zoopla has launched Prospect Plus, a new product that it hopes will boost valuation leads for estate agents. The property portal says that the Prospect Plus product is designed to connect agents with these high-intent prospects potentially planning to sell their home within the net 12 months. It points to early results from the 150 agents using the product that it says shows a conversion rate of over 40% from valuation requests to instructions already delivering a strong return on investment for Zoopla customers. The portal said…

[openai_chatbot] rewrite this content and keep HTML tags as is: Adam day eXp UK, the platform for personal estate agents and estate agency businesses, claims to now be the UK’s largest estate agent, at least based on external data for May. The fast-growing self-employed agency brand points to data from TwentyEA that shows significant growth in the number of properties listed in the last month, with eXp UK also seemingly topping the table with the most homes sold subject to contract. The data shows that eXp UK has listed more new instructions than any other UK agent in May, with…

[openai_chatbot] rewrite this content and keep HTML tags as is: L-R: Matthew Chard, George Smith, and Rowland King Chestertons trio join United Kingdom Sotheby’s International Realty United Kingdom Sotheby’s International Realty has welcomed three new prime central London agents to its growing team, joining from Chestertons. With over 50 years of combined experience, Rowland King, George Smith, and Matthew Chard will help strengthen the firm’s senior team. The three agents joined forces at Chestertons, working collaboratively across prime central London for over 10 years and executing noteworthy deals in Belgravia, Knightsbridge and Chelsea. Senior Sales Director (Consultant) Rowland King has…