The property technology (PropTech) sector is experiencing unprecedented growth, with investments forecast to reach $37 billion by 2025 and approach $90 billion by 2032, according to a report by Fortune Business Insights. This surge in technological advancements, including artificial intelligence, blockchain systems, and advanced data analytics, is transforming the way property transactions are conducted, making them more accessible, efficient, and transparent for buyers and sellers. Taking a leading role in this digital revolution is TEKCE, a prominent international real estate group with 20 offices across five countries. The company has launched MyTEKCE, an innovative platform that simplifies property transactions by…
Real Estate
The UK property market has experienced a notable slowdown, with completed transactions dropping below 30,000 for the first time since May 2020. In April 2024, property sales across the UK totalled 32,690, highlighting a challenging environment for homeowners seeking to sell. This decline has prompted many to turn to cash house buying companies, which offer a faster alternative to traditional property sales by completing transactions in as little as seven days. Research by Open Property Group has revealed a strong correlation between falling property sales and the increasing demand for cash buyers. These companies provide a reliable and swift option,…
The tragic Grenfell Tower disaster in 2017 has left a lasting impact not only on the construction and housing sectors but also on the insurance market, particularly for architects. While the event exposed serious flaws in fire safety regulations and construction practices, it has had unintended consequences for architects across the UK, including those who had no direct involvement in large-scale residential projects. Architects working on smaller, less complex builds are now facing skyrocketing insurance premiums, which have become a significant financial burden, especially in relation to professional indemnity insurance for architects. In the wake of the disaster, insurers have…
Groundbreaking Announcement In a groundbreaking development that sets a new standard in the housing industry, Hopkins Homes has become the first housebuilder in the UK to offer an unprecedented 10-year Zero Energy Bills guarantee. This significant announcement comes as the company strengthens its partnership with Octopus Energy, doubling its previous 5-year commitment. This move is poised to revolutionise the concept of sustainable living and energy management. Leading the Way in Sustainable Living Hopkins Homes is taking the lead in the housing sector by offering homeowners a decade of stable energy costs, a milestone unmatched by any other housebuilder. The industry-first…