HMRC transactions steady but recent mortgage data ‘could spell trouble ahead’
HMRC’s latest property transaction figures remain stable despite ongoing economic uncertainty, but recent data suggests the sector could see a more challenging market in the second half of the year, commentators warn. HMRC’s May numbers show seasonally adjusted residential transactions are 2% lower in May than April, falling from 100,440 to 98,450. Comparisons with 2025 […]
£4.5bn class action to be brought against house builders for sharing sensitive data
A class action is being brought against seven of the largest house builders in the UK after claims anti-competitive practices have resulted in higher prices for homebuyers. The class action against Barratt Redrow, Bellway, The Berkeley Group, Bloor Homes, Persimmon, Taylor Wimpey and the Vistry Group, which could run to £4.5 billion, claims “UK house […]
New environmental search provider launches
A new environmental search platform has launched today (1st July) bringing together “industry-leading environmental, climate and property risk data” within single, streamlined reports. Geocerta has been launched by former Groundsure CEO Dan Montagnani. Explaining the fundamentals of the business, Montagnai said its objective was not to “sell data” but to “deliver decisions, fast”. The launch […]
PEXA announces the departure of CEO
PEXA Group has announced the departure of CEO Joe Pepper, with Krystle Kocik and Simon Wright appointed as co-chief executive officers of PEXA UK effective from 1st July 2026. Pepper (pictured) joined PEXA UK in September 2023, taking over the role from James Bawa. He leaves having overseen several milestones in PEXA’s journey in the […]
Profile: Paul Addison, managing director at DevAssist
Paul Addison is managing director of DevAssist, a specialist provider of development risk reports for residential and commercial property transactions. Drawing on decades of land, planning and housebuilding experience, Paul created DevAssist to help conveyancers and property professionals identify development risks that could affect a property before their clients commit. What was your career […]
Early binding contracts are the most dangerous proposal in the government’s roadmap
According to campaign group the Conveyancing Task Force, early binding contracts are the most dangerous proposal in the government’s home buying reforms roadmap. Spokesperson Stephen Larcombe explains why. The dangers of early binding contracts, a central tenet of the government’s home buying and selling reform roadmap, are already visible. In one recent case, a buyer, […]