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Savills: Price sensitivity is changing buyer expectations

Price sensitivity and a flight to quality is dominating prime London markets, research suggest. Analysis of second quarter property market activity by...

06 July 2023

From: Breaking News

Buyers willing to pay 6% premium for greener homes - claim

Almost half of home buyers would pay a premium for more energy efficient properties, research suggests. Analysis by Barclays found 47% of...

06 July 2023

From: Breaking News

Regional agent unveils franchise offering

The team behind regional agency brands Simpson & Partners and Simpson and Weekley is developing a hybrid franchise model. Andrew Simpson and...

06 July 2023

From: Breaking News

Upfront information – help us bring down the barriers

Barriers to entry are a big concern for any sector, particularly those who need a greater number of technology innovations to...

06 July 2023

From: Breaking News

Housing affordability ratio more than doubles since 1970s – research

New research aims to address the age-old debate of which generation has it worse when it comes to housing affordability. Quick-buy firm...

05 July 2023

From: Breaking News

New blow for buyer budgets as five-year fixed mortgage rate passes 6%

Borrowers have been dealt a new blow after five-year fixed rates passed the 6% barrier yesterday. Moneyfacts data showed the average five-year...

05 July 2023

From: Breaking News

Property transactions down by half so far this year - claim

The number of property sales in England and Wales has dropped by more than 50% so far this year, research suggests. Analysis...

05 July 2023

From: Breaking News

Propertymark members given chance to sell charity land

New laws are set to give more estate agents the chance to sell charity land – as long as you are...

05 July 2023

From: Breaking News

PropTech Today - New open property data industry body sets standards with help from tmgroup

Property data in the UK is mined from a labyrinth of sources such as local authorities, various government departments and private...

05 July 2023

From: Breaking News

Welsh agent wins startup award

Ceredigion estate agent Cardigan Bay Properties has been recognised as one of the top start-ups in the UK. The brand overcame competition...

05 July 2023

From: Breaking News

‘Hundreds’ of agents sign up to 'zero spend' portal

Challenger portal Jangle has secured its first round of funding and has had hundreds of agents sign up so far. Jeremy Rosenblatt,...

04 July 2023

From: Breaking News

Shadow Chancellor slammed for mortgage costs claim

Shadow Chancellor Rachel Reeves has been criticised for figures she used when highlighting how much mortgage borrowers are set to see...

04 July 2023

From: Breaking News

Registrations for free ‘property alert’ service rise

Increasing numbers of homeowners are signing up to a property alert scheme to protect against fraudulent property transactions. New figures obtained from...

04 July 2023

From: Breaking News

Former TPFG training lead takes on two branches

Martin & Co’s Sheffield and Worksop branches are under new ownership, with former The Property Franchise Group (TPFG) training expert Dean...

04 July 2023

From: Breaking News

Agent names lucky winner of golden board competition

A competition to track down as many golden estate agent boards placed around Leeds as possible has been won by Grace...

04 July 2023

From: Breaking News

Agency brand seals strategic marketing partnership

Self-employed agency brand eXp UK has launched a strategic partnership with proptech supplier nurtur.group.  Under the agreement, nurtur.group will become the exclusive...

04 July 2023

From: Breaking News

Licensing won't deter immoral agents - claim

Licensing of estate agents may raise the barrier to entry but it won’t stop those with poor morals, Fine & Country’s...

03 July 2023

From: Breaking News

House price declines continue ‘but soft landing is possible’

Annual house price growth remained negative in June as mortgage rates hit buyer budgets but there is still a chance of...

03 July 2023

From: Breaking News

Property sales hit new low in May - HMRC

The property market had its quietest May for sales excluding the pandemic for at least a decade, HMRC data suggests. Provisional seasonally-adjusted...

03 July 2023

From: Breaking News

Agent named among UK's fastest growing firms

An estate agency has been named among the fastest growing firms in the UK. The North Property Group was named in the...

03 July 2023

From: Breaking News

Higher interest rates are already hitting prime regional markets - research

Higher interest rates have already softened UK prime regional markets but cities are proving resilient, Savills claims. Research by the agent shows...

03 July 2023

From: Breaking News

Hunters franchisee takes over London office

Hunters’ Surrey Quays office has been taken over by franchise partner Richard Wells. He is already owner of the Hunters Catford office...

03 July 2023

From: Breaking News

Prepare for 6.5% interest rates - warning

Interest rates could peak at 6.5%, an economist has warned, but it will take a while to hit the housing market. Azad...

30 June 2023

From: Breaking News

Mortgage approvals rise but buyers are facing ‘tricky landscape’

Mortgage approvals rose between April and May but are down by a quarter annually, underlining the uncertain market. Bank of England data...

30 June 2023

From: Breaking News

Agents Do Charity - community causes

Check out some of the latest charitable endeavours from agency and property brands this week. If you have a charitable event or...

30 June 2023

From: Breaking News

Jonathan Rolande: The Government must step in soon

After yet another tumultuous week in the property market, many of those working sector will be breathing a huge sigh of...

30 June 2023

From: Breaking News

Propertmark unveils new chairman and board members

Propertymark has named its new chairperson and board members during its annual general meeting. Succeeding Propertymark’s, Nicky Heathcote, Bill Butler has been...

30 June 2023

From: Breaking News

Rightmove launches webinar series to mark ‘legislation month’

Rightmove has revealed details of a series of webinars throughout July for agents that are focused on legislation and compliance. A number...

30 June 2023

From: Breaking News

Yopa boss: 'The online agent label is a misnomer'

The gap between online and traditional high street agents has shrunk, the chief executive of Yopa has claimed. Speaking at the Propertymark...

29 June 2023

From: Breaking News

Foxtons ‘has its mojo back’ - claim

Foxtons has got its mojo back under its new chief executive Guy Gittins, senior executives at the agency brand have proclaimed. Gittins...

29 June 2023

From: Breaking News

Labour leader and PM clash over housebuilding targets

Labour leader Sir Keir Starmer and Prime Minister Rishi Sunak clashed over housebuilding and housing market support yesterday. Sir Keir questioned Sunak’s...

29 June 2023

From: Breaking News

Knight Frank: Air is (slowly) coming out of the prime property market

The air is slowly coming out of the prime London property market, Knight Frank claims but the agent has said it...

29 June 2023

From: Breaking News

Sellers head to auction houses to combat cooling market - claim

Increasing numbers of sellers are turning to auction rooms to combat the cooling housing market conditions, research suggests. Upfront information provider Moverly...

29 June 2023

From: Breaking News

eXp UK unveils 'teams' strategy

Self-employed agency brand eXp has unveiled a new approach to attract recruits. Speaking at the end of the eXp UK roadshow last...

29 June 2023

From: Breaking News

Trading Standards boss reveals timeline for latest material information changes

The latest material information rules will be introduced this Autumn, the industry regulator has revealed. Speaking at the Propertymark One Conference in...

28 June 2023

From: Breaking News

Prime sellers opting for ‘off-market’ listings to protect prices – claim

Prime London homeowners are turning to off-market sales to protect the value of their property, an industry executive claims. Property consultancy Tyburn,...

28 June 2023

From: Breaking News

Rightmove: ‘Price realistically or face lost sales’

Agents have been urged to price realistically as Rightmove revealed data showing the impact of asking price reductions. Tim Bannister, director of...

28 June 2023

From: Breaking News

Large asking price discounts hit three-year high - Zoopla

The level of sellers accepting an asking price discount of 5% or more has hit a three-year high. Zoopla’s latest House Price...

28 June 2023

From: Breaking News

Agency stock surges amid ‘stagnant market’

Sale stock levels have surged by 15% since the start of the year due to the ‘stagnant market,’ research claims. Quick-buy firm...

28 June 2023

From: Breaking News

National agency expands Essex presence 

Jackson-Stops has announced the opening of its newest branch in Colchester, Essex.  This follows the launch of the national agency brand’s virtual office...

28 June 2023

From: Breaking News

Dexters looks to greater London to continue agency acquisitions

Dexters has hinted at more acquisitions, particularly around greater London. Andy Shepherd, chief executive of the London agent, suggested the brand is...

27 June 2023

From: Breaking News

Treasury outlines mortgage borrower support but landlords are excluded

The majority of mortgage lenders have committed to showing more flexibility to struggling borrowers but the Government has confirmed that support...

27 June 2023

From: Breaking News

Agent expelled from redress scheme after buyer complaint

Just one agent was expelled from The Property Ombudsman (TPO) redress scheme in the latest quarter. TPO has revealed that Price Point...

27 June 2023

From: Breaking News

Bank of Mum and Dad 'risks becoming unsustainable'

Parents are compromising their own financial situation to help their children cope with the cost of living crisis, research shows. The latest...

27 June 2023

From: Breaking News

Rising mortgage rates are worse than 2p tax hike - claim

The hit to the economy from soaring mortgage rates will be equivalent to a 2p income tax hike, new analysis by...

27 June 2023

From: Breaking News

Chestertons: Market is moving but shortage of larger homes continues

Supply and demand is rising but there is still a shortage of larger properties for buyers, Chestertons claims. An update from the...

27 June 2023

From: Breaking News

‘Car crash’ building safety rules putting sales at risk

An estate agent is urging people selling their flats to have building safety documentation in place before putting the property on...

26 June 2023

From: Breaking News

Lenders agree to be more flexible with mortgage borrowers

Chancellor Jeremy Hunt has secured promises from banks to be more flexible with mortgage borrowers amid concerns about rising rates. Average mortgage...

26 June 2023

From: Breaking News

Service charges up 8% annually and London flat owners are paying the most – research

Flat owners have seen their service charges rise by 8% over the past year, research suggests. A new service charge index launched...

26 June 2023

From: Breaking News

Do self-employed agents risk lowering sector experience levels?

Agents have questioned whether the shift to self-employed agency models could reduce the level of experience in the sector. Speaking on the...

26 June 2023

From: Breaking News

Street CRM users given access to compliance tools

CRM provider Street.co.uk has partnered with Smart Compliance to give agents access to its tools. With the integration of Smart Compliance into...

26 June 2023

From: Breaking News

Details revealed for latest Rightmove AML webinar

Anti-money laundering (AML) specialist FCS Compliance has unveiled the latest in its series of collaborative webinars with Rightmove. The next session on...

26 June 2023

From: Breaking News

Jonathan Rolande: The Government can no longer ignore the property market

The National Association of Property Buyers’ Jonathan Rolande gives his take on a manic week for the property market. This is the week when...

23 June 2023

From: Breaking News

Interest rate rise: Agents warn of weaker demand and forced sales

The latest interest rate rise has heightened the risk of forced sales and buyers shying away from the market, agents have...

23 June 2023

From: Breaking News

Russell Quirk set to launch agency licensing debate

Russell Quirk may have already irked plenty of estate agents in his time as boss of collapsed online brand Emoov and...

23 June 2023

From: Breaking News

Agents Do Charity - community care

Agents have been showing there is more to being charitable than just donating money. This weeks charitable exploits have a big focus...

23 June 2023

From: Breaking News

Rightmove unveils ‘improved’ Best Price Guide for agents

Rightmove has launched its latest Best Price Guide for agents. The portal said the guide is its most popular report with agents...

23 June 2023

From: Breaking News

Level of fall-throughs decline - but for how long?

Fall-throughs are at their lowest quarterly level since the start of 2019, new data suggests. Analysis by House Buyer Bureau has found...

23 June 2023

From: Breaking News

Agency marketing veteran to share tips on UK tour

Former Fine & Country global chief executive Simon Leadbetter is set to embark on his first national tour with his own...

23 June 2023

From: Breaking News

Buyers and sellers braced for latest interest rate rise

The property market is braced for another interest rate rise today after the latest inflation data shows the cost of living...

22 June 2023

From: Breaking News

Annual house price growth continues to decline – Land Registry

Annual house price growth continued to slow in April but bounced back on a monthly basis, Land Registry figures have revealed. The...

22 June 2023

From: Breaking News

Agent reveals how it cut fall-through rates with reservation agreements

An agency brand claims to have reduced its fall-through rate to just 8% by legally preparing properties for sale before they...

22 June 2023

From: Breaking News

PropTech Today - By laying stable foundations today we will reap infinite possibilities

From valuations to viewings, conveyancing to completions, technology has transformed our sector dramatically and permanently. After comparatively slow beginnings, PropTech really took...

22 June 2023

From: Breaking News

Homeowners considering downsizing and even renting to avoid rising mortgage costs

A quarter of homeowners are considering selling up and going back to renting amid rising mortgage costs. New Moneyfacts figures shows the...

22 June 2023

From: Breaking News

Agency franchise brand expands into Wokingham

Winkworth has expanded further in the South East of England with a new office opening in Wokingham – its fourth office...

22 June 2023

From: Breaking News

Chancellor rules out mortgage rate support

Chancellor Jeremy Hunt has ruled out providing financial support for struggling mortgage borrowers as rates hit new highs. Average mortgage rates hit...

21 June 2023

From: Breaking News

US artist raps about estate agency ahead of Propertymark conference

Agency media brand Made Snappy 360 has come up with a rather different way of promoting its role at the upcoming...

21 June 2023

From: Breaking News

Agency training platform launches sales progression qualification

The Able Agent, has launched a new sales progression course and qualification, designed to raise industry standards and put a spotlight...

21 June 2023

From: Breaking News

Auction House celebrates record activity in May

Auction House is reporting its most successful May in the 16-year history of the group, despite a decline in bidders. The month...

21 June 2023

From: Breaking News

Research reveals best areas for speedy sales

Properties in West London are currently selling quicker than anywhere else in the UK, new research suggests. Analysis by lead generation technology...

21 June 2023

From: Breaking News

And the winners are... Guild honours members at 30th anniversary event

The Guild of Property Professionals has recognised the achievements of its members during its 30th anniversary celebration and awards ceremony. The awards,...

21 June 2023

From: Breaking News

Connells boss announces retirement plans

Connells group chief executive David Livesey has announced his intention to retire during 2024. Highly respected throughout the industry, Livesey joined Connells...

20 June 2023

From: Breaking News

Former online agency founder seeks support for new property portal

The founder of an online agency that switched to the for sale-by-owner model has turned his attention to property portals. Kae Travis...

20 June 2023

From: Breaking News

Mortgage rates surpass 6% in new blow for housing market

Mortgage rates have officially broken the 6% barrier. Average rates for home loans are now back at the level that prompted the...

20 June 2023

From: Breaking News

Estate agents lost £1.27bn in fees from fall-throughs in 2022 - research

Fall throughs are estimated to have cost UK estate agents £1.27bn in 2022, new research suggest. Upfront information provider Moverly looked at...

20 June 2023

From: Breaking News

The super-rich are returning to prime London - claim

Rising mortgage rates and falling house prices don’t appear to be deterring the super-rich. A report from upmarket agency Beauchamp Estates suggests...

20 June 2023

From: Breaking News

Show me the money! OnTheMarket launches financial services arm

OnTheMarket has launched a new financial services arm. The portal has unveiled OnTheMarket Money, an umbrella brand providing consumers with access to...

20 June 2023

From: Breaking News

New generation rebrands family business

A family-owned Surrey estate agent has rebranded as the next generated takes over. Grosvenor Billinghurst, which serves the towns and surrounding areas...

20 June 2023

From: Breaking News

Rightmove warns summer slowdown has come early

Asking prices have fallen on a monthly basis at this time of year for the first time since June 2017 as...

19 June 2023

From: Breaking News

Mortgage bills set to rise by £3,000 – warning

Homeowners face paying an extra £3,000 for their mortgage next year, new research suggests. Analysis from the Resolution Foundation thintank suggests that...

19 June 2023

From: Breaking News

New OnTheMarket service will chase leads for agents

OnTheMarket has launched a new nurturing service to help estate agents generate fresh revenue from their existing database and win more...

19 June 2023

From: Breaking News

Lomond unveils new staff benefits and wellbeing platform

Agency acquirer Lomond has launched a new benefits and wellbeing platform for its 1,100 staff and pledged to raise £25,000 across...

19 June 2023

From: Breaking News

Zoopla unveils new website for agents

Zoopla has unveiled an upgraded website for agents and housebuilders. The refreshed Zoopla Advantage website, first launched in 2018, will provide new...

19 June 2023

From: Breaking News

Single buyers hit by supply imbalance - claim

Property supply appears weighted toward couples and small families, an agent has claimed. Analysis by self-employed agency brand eXp UK analysed current...

19 June 2023

From: Breaking News

Should agents use Rightmove price hikes to raise their own fees?

Agents should use the recent Rightmove fee hikes to increase their own charges, senior industry figures have claimed. Speaking on the latest Agents...

16 June 2023

From: Breaking News

Purplebricks set for stock market exit

Purplebricks ended its life on the stock market with a share price of 0.30p. It comes as the controversial online brand officially...

16 June 2023

From: Breaking News

Spicerhaart celebrates top performing agents

Spicerhaart has celebrated the achievements and contributions of its teams at its highly anticipated annual Elevate Awards ceremony. Among the highlights of the...

16 June 2023

From: Breaking News

Jonathan Rolande: Is this the week that everything changed?

The National Association of Property Buyers’ Jonathan Rolande gives his take on a manic week for the property market. I dearly hope I...

16 June 2023

From: Breaking News

Agents Do Charity - for the kids

Check out some of the latest charitable endeavours from agency and property brands this week. If you have a charitable event or...

16 June 2023

From: Breaking News

Water relief! Agent reopens after major leak closed office for six months

An estate agency in Backwell, North Somerset has celebrated the re-opening of its offices following a major water leak six months...

16 June 2023

From: Breaking News

Industry figure seeks agents for upfront searches trial

Industry veteran Tim Main has issued a challenge for agents in the latest attempt to speed up sales and reduce fall-throughs. Main,...

15 June 2023

From: Breaking News

Pressure grows for mortgage support fund

MPs have urged Prime Minister Rishi Sunak to hold an emergency summit in Downing Street with banks and mortgage lenders to...

15 June 2023

From: Breaking News

Rumours surround future of another Keller Williams market centre

Keller Williams UK’s (KWUK) Gatwick market centre is rumoured to have closed but the self-employed agency network’s chief executive Ben Taylor...

15 June 2023

From: Breaking News

Agents urged to be more suspicious

Increasing numbers of estate agents are submitting suspicious activity reports (SARS) but questions are being raised about whether there should be...

15 June 2023

From: Breaking News

Upfront information reduces fall-throughs by 13% - claim

A property data firm claims to have evidence showing agents who fail to provide upfront information are more likely to suffer...

15 June 2023

From: Breaking News

Independent agent expands with two new offices

Independent estate agency Hat and Home has continued its expansion with two new branches announced. Three-branch Hat and Home is growing its...

15 June 2023

From: Breaking News

Mortgage lending returns to pandemic levels in new house price threat

The value of mortgage lending has slumped to its lowest level since the second quarter of 2020, Bank of England data...

14 June 2023

From: Breaking News

Material information rules will help agents justify higher fees - claim

Providing material information upfront could help agents charge higher fees and even reduce their carbon footprint, while those not complying could...

14 June 2023

From: Breaking News

Vendors trying their luck with ‘take it or leave it’ pricing

Sellers are still adopting a “take it or leave it approach” with prices up to 20% higher than most “sensible buyers”...

14 June 2023

From: Breaking News

LonRes: Prime property sales remain slow amid reduced buyer confidence

A standoff between sellers looking back at the 2021 and 2022 markets and buyers anticipating a weaker one is stifling the...

14 June 2023

From: Breaking News

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