3+ day, 18+ hour ago   (209+ words) Hortons has launched an AI-powered search tool that allows users to find properties, moving information and local agents through a single search function. The self-employed estate agency platform said users carried out more than 14,000 searches through Intelligent Search during a…...

5+ day, 15+ hour ago   (137+ words) Artificial intelligence is becoming increasingly embedded in estate agency, with firms using the technology to automate routine tasks, generate property marketing and improve communication with buyers, sellers, landlords and tenants. As investment in AI-powered PropTech accelerates, the gap between early…...

6+ day, 15+ hour ago   (367+ words) The downturn in UK housebuilding accelerated in August as weak demand and a shortage of new projects continued to weigh on residential construction. The latest S&P Global UK Construction PMI showed residential activity falling sharply during the month. The…...

6+ day, 15+ hour ago   (411+ words) The number of new UK housebuilding businesses has fallen by a third since the end of the Help to Buy era. Higher borrowing costs and weaker demand continue to weigh on the sector. Connells Group analysed Companies House data and…...

1+ week, 4+ day ago   (387+ words) The acquisition adds 375 managed properties and 23 employees to Watkins-Schmidt’s existing operation. The deal increases her managed portfolio from 33 to 408 properties. Complete will continue to trade under its existing brand and retain its four branches. Its 23 employees will also remain with…...

1+ week, 4+ day ago   (547+ words) Reapit has secured more than £20m of new investment from Accel-KKR as the property software provider steps up spending on AI and consumer technology. The company will also use the additional funding to develop its estate agency platform. Reapit said it…...

1+ week, 4+ day ago   (409+ words) LRG has formally announced its acquisition of Henry Adams – confirming the deal revealed exclusively by EYE last week. The acquisition strengthens LRG’s estate agency presence across Sussex, Surrey and Hampshire and brings 12 Henry Adams branches into the group. As EYE…...

1+ week, 4+ day ago   (480+ words) Alto has launched a suite of AI tools designed to complete everyday sales and lettings tasks, from producing appraisal reports to identifying sales at risk of falling through. The property software provider has introduced six AI “skills” within Alto Intelligence....

2+ week, 4+ day ago   (611+ words) Savills makes two senior London agency appointments Savills has made two senior appointments to its residential sales teams in London. Callum Hodgson has joined the firm’s Notting Hill office as a director. He has more than 20 years of experience in…...

2+ week, 6+ day ago   (287+ words) ClearPath AI has raised £1m in pre-seed funding and launched a technology platform aimed at automating parts of residential property transactions. The company’s Property AI product is designed for estate agencies and uses artificial intelligence (AI) to carry out routine tasks,…...