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The Latest Breaking News from RICS

'Serious defects': regulator orders tools down for rogue building operator Daniel Roberts

Inspectors found 'serious structural defects' at Hunter development.

Newcastle Herald

Surveyors say subdued housing market may be starting to stabilise

The Royal Institution of Chartered Surveyors said it is too early to interpret the research as the start of a recovery

Evening Standard

Housing market in England and Wales weakening due to Iran war, say estate agents

Homebuyers more cautious due to possible mortgage rate rises and higher inflation as sellers sit on properties

The Guardian - UK

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Regional divide as house prices came under increased pressure in April – report

Until there is a clearer path for inflation and borrowing costs, activity and sentiment look set to remain subdued, RICS said.

Evening Standard

Experts issue mortgage cost warning as buyer demand drops

Rising borrowing costs and geopolitical uncertainty are putting would-be buyers off

The Independent UK

Rising mortgage costs dent buyer demand amid ‘housing market mood shift’

Surveyors said their report points to a housing market increasingly pressured by inflationary concerns and higher mortgage costs

Evening Standard

Iran war hits UK housing market with sales and enquiries both down

Mortgage lenders have been withdrawing deals as concerns grow over rising prices

The Independent UK

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Homebuyer demand falling but surveyors expect sales and prices to rise – survey

The Royal Institution of Chartered Surveyors said new buyer enquiries fell to their net lowest level since mid-2024 in February.

Evening Standard

Housing market in England and Wales ‘showing tentative signs of recovery’

Rics surveyors report inquiries from new buyers, agreed sales and house prices were less negative in January

The Guardian - UK

‘Early signs’ that housing market conditions may be improving seen by surveyors

A net balance of 43% of property professionals expect house prices to increase over the next year, marking the strongest reading since February 2025.

The Independent UK

UK economy beats forecasts with 0.3% growth in November; Ofwat investigating South East Water over outages – as it happened

UK economy returns to growth despite pre-Budget jitters, after car production resumed at JLR after cyber attack

The Guardian - UK

Housing market may be turning a corner as confidence grows – surveyors

Expectations for house sales and prices among professionals have turned more positive, according to the Royal Institution of Chartered Surveyors.

Evening Standard

New home buyer inquiries fell to two-year low in November – Rics

Survey feedback continues to point to a gentle decline in house prices overall, the report said.

Evening Standard

Growth in global demand for ‘green’ office buildings slows amid Trump policies

Fall reported by Royal Institution of Chartered Surveyors as UN calls for accelerated action in buildings sector to meet global climate goals

The Guardian - UK

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Evening Standard

FTSE 100 Live 11 September: Trainline shares surge, John Lewis loss widens

John Lewis Partnership today posted a half-year loss after highlighting the impact of higher National Insurance costs.

Evening Standard

Housing market weakens as buyer demand and sales slip back, say surveyors

Concerns over the wider economic and fiscal outlook and interest rates were affecting sentiment, the Royal Institution of Chartered Surveyors said.

The Guardian - UK

Drop in new properties for rent is steepest since Covid, says Rics

Monthly report from surveyors’ body sees ‘firmly negative trend’ that is expected to push up rental prices

The Independent UK

Less available places to rent could see prices rise ‘by at least 25%’, report says

The flow of fresh rental properties coming to market has fallen at its fastest rate in five years, according to surveyors

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Evening Standard

Flow of fresh homes to rent ‘shrinks at fastest rate since 2020’

The Royal Institution of Chartered Surveyors highlighted a ‘firmly negative trend’ in landlords making their property available for rent.

Evening Standard

Home buyer inquiries increase overall for first time this year

The June survey of property professionals marked the first time since December 2024 that buyer demand has moved out of negative territory.

The Guardian - UK

More than 25% of UK businesses hit by cyber-attack in last year, report finds

Exclusive: Royal Institution of Chartered Surveyors says lack of action leaves firms at risk of ‘sleepwalking’ into problems

The Independent UK

House sales forecast to rise despite rising prices, experts say

A quarter of industry professionals believe more people will buy houses over the next 12 months

Evening Standard

Housing market outlook ‘more optimistic’ for year ahead

Property market sentiment remained ‘somewhat subdued’ but sales expectations for the near-term were stabilising, a report from surveyors indicated.

Evening Standard

‘Home buyer inquiries and sales fall’ as buyers adjust to stamp duty changes

New buyer interest declined for the third month in a row in April, the Royal Institution of Chartered Surveyors said

Evening Standard

Housing market activity took a pause as stamp duty holiday expired

US tariffs could cause further uncertainty for the UK housing market, the Royal Institution of Chartered Surveyors said.

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