Three property firms expelled from ombudsman scheme over unpaid awards
The Property Ombudsman has removed three property businesses from its redress scheme after they did not pay consumer compensation awards exceeding £1,000 in total.
Market & Deals
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Nearly 40% of London flats were resold at a loss over 12 months
Repeat-sales data points to mounting pressure in London’s flat market, where leasehold liabilities, building-safety concerns and rising service charges are weighing on resale values.
Property professionals back upfront homebuying information reforms
A survey of 300 property professionals found that 77% expect proposed homebuying reforms centred on upfront property information to bring positive change to transactions.
Chestertons, Savills and Views make senior appointments across key divisions
Chestertons, Savills and Macclesfield-based Views have announced senior hires spanning short lets, property management and development as the agencies adjust their operations to market conditions.
Conservatives propose inheritance tax relief for family homes
Conservative leader Kemi Badenoch says a future Conservative government would exempt family homes from inheritance tax and give couples an additional £1 million allowance.
Study finds 43% of estate agency enquiries arrive after hours
A LightWork AI review of agency calls, emails and portal leads found that 43% were logged beyond the standard weekday 9am-to-5pm window, showing how often property interest emerges when offices are closed.
Steel and aluminum tariffs put development budgets under pressure
Tariff-driven volatility in steel, aluminum, appliances and building systems is forcing developers to revisit underwriting, contract terms and delivery schedules across major property types.
Office-to-residential conversions face a capital-markets test
A growing adaptive-reuse pipeline now confronts the harder question: whether financing, building rules and construction costs can support viable conversion deals in the right assets and cities.
Tariff volatility rewrites U.S. development pro formas and start decisions
Changing tariffs and trade-policy uncertainty are adding new pressure to construction budgets, financing assumptions and delivery schedules, forcing project teams to reassess what can proceed, pause or be redesigned.
Zoopla study finds 44% of UK homeowners research moves privately
Nearly half of UK homeowners have looked at homes for sale or checked the value of their property without telling other adults in their household, according to research published by Zoopla.