Press Releases

Access all the latest press releases & statements from the RICS press office.

Latest Press Releases

UK construction sector stabilises with a promising boost for housing on the horizon

The Royal Institution of Chartered Surveyors (RICS) latest UK Construction Monitor for Q1 2024, shows a slightly more optimistic picture of the market this time round, supported by an overall improved economy.

Significant repurposing of office space across UK, although tenant demand rising in the capital

The Commercial property market in the UK showed some improvement in Q1 2024, according to the latest RICS Commercial Property – although certain areas of the market continue to struggle against structural headwinds.

Marching ahead: Buyer demand puts spring in the step of the housing market

The latest RICS UK Residential Survey results (March 2024) show a steady improvement in sentiment, with buyer demand and sales expectations going forward seeing a rise in positivity. Meanwhile, stability in house prices has also been reported.

RICS launches consultation on the valuation of pubs and other licensed leisure premises

The Royal Institution of Chartered Surveyors (RICS), today (25 March), launches a consultation on the valuation of licensed premises, including public houses, bars, restaurants, and nightclubs.

RICS Launch Pioneering New Standard to Revolutionise Retrofitting Practices across the UK

The Royal Institution of Chartered Surveyors (RICS), have today (19 March 2024), launched a new Residential Retrofit Standard following an extensive eight week-long consultation period.

RICS concerns on Building Control Profession registration

Ahead of the 6 April 2024 deadline for the registration of building control professionals in England and Wales, RICS have written to the UK and Welsh Government to express concerns that a vast number of experts will not register in time.

Further recovery for UK Residential sector expected in 2024

The January 2024 RICS UK Residential Market Survey demonstrated further improvements in key metrics across the board.

Confidence rises in UK construction sector

The RICS UK Construction Monitor Q4 2023 shows the sector to be a touch less pessimistic compared to the results of the prior quarter, with hopes and expectations of a cut to interest rates at some point in 2024 increasing optimism.

New RICS President Tina Paillet sets sights on decarbonisation in inauguration speech

RICS welcomed its new President, Tina Paillet, at a ceremony at its headquarters in Westminster on Monday evening. Paillet became RICS' 142nd President in its 156-year history.

Outlook for UK commercial property brighter as more respondents believe market has bottomed out

The RICS UK Commercial Property Monitor for Q4 2023 revealed some growing confidence in its long-term outlook.

Reforming Ground Rents in England and Wales

RICS has responded to the Department of Levelling-up, Housing and Communities (DLUHC) consultation on changes to ground rents, which is part of a much larger series of reforms to the residential leasehold and freehold sector.

UK housing market activity on the up as mortgage rate cuts continue

RICS UK Residential Survey, December 2023

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