The UK property market continues to experience changes, with prime property prices falling across London and several regional markets. However, there are signs that the pace of decline is slowing as sellers adjust their asking prices and buyers become more confident about negotiating.

The UK mortgage market is moving once again, with a number of major lenders increasing their mortgage rates as wholesale funding costs and swap rates rise. For anyone planning to buy, sell, remortgage or invest in property, this is an important development to keep an eye on.

One of the biggest talking points this week has been the 11% week-on-week drop in sales agreed and a drop of 2% on the average asking price of a newly listed properties. While some seasonal softening is entirely normal during the summer holiday period, the scale of this fall has caught the attention of the property industry.

A change of tenancy is a useful opportunity to review more than the rent. From property condition to compliance and management, a little preparation this autumn can help create a smoother next let.