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Here is today’s Breaking News from the estate agency world. Join the debate by leaving a comment below a story - you will need to be logged-in to do this.

Breaking News

House prices and mortgage approvals hit new highs - has the market recovered?

Average house prices and mortgage approvals hit new highs during the summer months, in a positive sign for the property market. Nationwide data shows average UK house prices...

HMRC: UK property sales are busier than last summer

The number of property sales registered with HMRC rose in July but remains below pre-pandemic levels, official data shows. HMRC property transactions data shows 90,630 residential sales...

JONATHAN ROLANDE:  Why Labour’s private school VAT plans are unlikely to hit house prices

Of all the stories I read over the past week, there was one which really stopped me in my tracks.   It revealed how many parents are now...

On the house! Buyers name local pub as top amenity

A local pub has been named as the most important lifestyle amenity when buying a home. Jackson-Stops’ latest Property Pulse Survey of more than 3,000 customers aimed...

Countrywide Land & New Homes hails 'significant instruction'

Countrywide Land & New Homes has been appointed by Harcourt to market Tobacco Warehouse, a major redevelopment of the world’s largest brick warehouse in the Liverpool...

UK’s largest lender unveils first-time buyer boost

The Government may be silent so far on support schemes for first-time buyers but the UK’s largest lender now appears to be offering a helping hand. Lloyds...

Property listings up 23% since interest rate cut - research

The number of home sellers entering the market increased by almost a quarter in the two weeks following the Bank of England’s decision to cut interest...

New AI property app function lets users describe their dream home

Artificial intelligence (AI)-powered property search app Jitty has launched a new feature that lets buyers find their dream home by simply describing their ideal living space...

Agents Do Charity - a marathon of causes

Welcome to this week’s Agents Do Charity, our chance to salute those who do so much to help others. If your agency is doing something charitable that we...

Independent agency brand unveils staff profit-share scheme

Arun Estates has introduced a new profit-share scheme for its staff. The profit share scheme is offered across all four of the Arun Estates brands – Cubitt...

Buyers in Scotland still "squeezed" by property taxes

Property taxes in Scotland raised almost £640m over the past twelve months, according to analysis of the latest statistics by agency brand DJ Alexander Ltd. The estate...

EA X 9 Industry Event set for 4th Oct in London

In this latest article from the team at Iceberg Digital, they discuss the annual Estate Agency X event, titled 'Mastering the New Era'. The annual Estate Agency...

Rightmove prepares ad campaign for 'busy autumn selling season'

Rightmove is launching a new national marketing campaign to coincide with what is hoped to be a busy autumn selling season. The campaign continues to focus on...

Parents willing to pay 25% premium for top school catchment location

Parents are willing pay 25% extra to live in the right catchment area for a top state primary school, research suggests. New analysis by Santander found parents...

Self-employed brand eXp UK surpasses 600 agents

Self-employed agency brand eXp UK has surpassed the 600 member agent threshold. It comes after recruiting a further 100 agents since the start of this year alone. The...

Auction sales are rising amid wider property sales dip - claim

Auction sales are becoming more popular even as the wider market falls, figures suggest. Proptech firm iamproperty analysed data between January and July since 2019 and found...

The ValPal Network passes 1m leads earlier than usual

Political and economic stability is encouraging more movement in the housing market, according to new figures released by online valuation specialists The ValPal Network (TVPN). New data...

High-profile host named for Variety NW PROPS

TV presenter and property expert Martin Roberts has been named as host of the 2024 Variety North West Property Awards. Known for his work on BBC’s acclaimed...

Zoopla: estate agency stock hits new high but pricing remains key

Agency stock has hit a seven-year high but realistic pricing is essential, Zoopla warns. The portal’s latest House Price Index for August found the average estate agent...

Home sales held-up by long wait for local authority searches - research

Local authority searches are taking up to 60 days in some parts of the country - holding up the sales process. Analysis by quick-buy firm Spring found...

London landlord exodus on the rise - warning

Ongoing tax and regulatory clampdowns on landlords have led to warnings of a buy-to-let exodus and new data suggests that may be the case - at...

Prime Minister prepares public for “painful” Budget

Prime Minister Keir Starmer has warned this October’s Budget will be “painful.” Speaking as MPs return to Parliament next Monday, he warned that there were “tough decisions”...

Savills recruits new homes department boss

Savills has strengthened its senior team with the appointment of Tommy Newbigging to lead its new homes department across Essex and parts of Suffolk. Newbigging joins the Chelmsford...

Registration opens for autumn agency marketing masterclasses

Marketing consultancy We Are Unchained has unveiled details of its autumn masterclass tour. The brand’s highly acclaimed "30 Years of Marketing in One Day" masterclass will be...

Knight Frank leaves door open for post-Budget house price revisions

Knight Frank has left the door open to revise its house price forecasts after the chancellor’s first Budget in October. Chancellor Rachel Reeves has warned of tax...

Homebuyers will ‘closely consider’ EPCs after price cap rise - warning

Energy Performance Certificate (EPC) ratings may become a bigger factor for homebuyers in the Autumn market, Rightmove suggests. It comes as energy regulator Ofgem announced the price...

Lower mortgage rates slow first-time buyer London exodus

Lower mortgage rates have slowed the exodus of first-time buyers from London ,research suggests. Analysis by Hamptons for the first half of 2024 found Londoners purchased 33,130...

Winkworth: 90-minute commute is here to stay for buyers

The 90-minute commute continues to flourish for family homes, it has been claimed. Speaking on the Winkworth’s latest Property Exchange podcast, the agency franchise brand’s chief executive...

Propertymark ready to hit the road for regional conferences

Propertymark’s regional conferences are returning in November, promising to help members keep up with the latest legislative changes. As part of the professional body’s #MOREFOR24 campaign, members...

Chestertons: ‘Property market dipped in July but is set for busy autumn

More homeowners are preparing to put their property on the market in the autumn, Chestertons claims. The estate agency said it registered a 15% increase in the...

Major agency hits the acquisition trail with lettings focus

Spicerhaart is reigniting its acquisition strategy with a multi-million pound investment in its estate agency and lettings businesses after posting a pre-tax loss for 2023. Founder and...

Leasehold scandal play hits the Camden Fringe

The National Leasehold Campaign’s (NLC) heroic journey to get reform of the controversial tenure type on the statute book has hit the stage. Playwright Michele Sheldon has...

Even the Bank of Mum and Dad has a gender pay gap - research

Almost two-thirds of first-time buyers have got on the property ladder using help from the Bank of Mum and Dad but there appears to be a...

JONATHAN ROLANDE: Why building more homes isn’t enough to fix our broken property market

EVER since Rishi Sunak stood in the rain and effectively announced he’d soon be moving house, Labour have been saying the same thing about its approach...

Agents Do Charity - summer fundraisers

Welcome to this week’s Agents Do Charity, our chance to salute those who do so much to help others. If your agency is doing something charitable that we...

Chestertons Global expands into Romania

Chestertons Global has agreed a strategic collaboration with Romanian real estate agency Top Estate Team.  Established in 2018, Top Estate Team has made a name for itself...

Revealed! How house price forecasts have changed in just one month

House price forecasts have improved in just one month and significantly from a year ago, analysis shows. The Treasury regularly compiles independent forecasts to show how City...

Lender calls for Stamp Duty cut as receipts soar

Coventry Building Society has joined calls for Stamp Duty reform. The lender has urged Chancellor Rachel Reeves to address the controversial property tax in her October Budget. It...

Mortgage rates fall further with new Nationwide best buy

Nationwide has risen to the top of the best buy tables again with a new mortgage rate cut. The building society has reduced rates today and now...

Hamptons names new regional sales director

Hamptons has appointed Chris Randall as regional sales director, overseeing the businesses South West and West London regions.  He takes over from Ross Brien, who has moved...

Doubts raised over prospects for Labour’s first-time buyer scheme

Fewer than 50,000 mortgages have been completed with the support of the Mortgage Guarantee Scheme, official figures show. The scheme was launched by the previous Tory Government...

Agents urged to share success stories

As the property market gets ready for a busy autumn market, ESTAS has launched its Summer of Success Stories. This is an industry-wide initiative to highlight the...

Zoopla sister brand reveals estate agency growth plans

Movemnt is targeting getting half of Alto’s client base to use its property onboarding and sales progression platform by the middle of next year. Zoopla-owner Houseful launched...

'Just tits and teeth' – estate agency podcast reveals industry misogyny

Estate agency acquisitions expert Lucy Noonan has revealed the misogyny she has faced in the sector. Speaking on the latest episode of the Two Russells estate agency...

Propertymark reminds agents of AML obligations amid high fines

Propertymark has issued a reminder to agents about anti-money laundering (AML) compliance as HMRC declared fines of more than £1.6m for breaches by the sector. It comes...

Savills expands Buckinghamshire residential team

Savills has expanded its residential sales team with two new appointments in South Buckinghamshire. Adam Harris and Sophie Male have joined the Beaconsfield office as sales negotiators. Harris...

PropertyPal and Propertynews promise major investment after merger

Northern Ireland portal PropertyPal has announced a strategic merger with Propertynews, uniting two of the country’s leading property websites.  Both brands will continue to operate as distinct...

Historic UK agency brand goes international

Humberts, one of the UK’s oldest agency brands, has announced plans for its first international expansion with the opening of a franchise in Dubai.   The new...

Mortgage-backed homebuyers dominate even as rates have surged - claim

Mortgaged buyers have continued to drive the property market even in the two years since mortgage rates peaked, research suggests. Property brand Knight Frank has looked at...

RICS pledges £90,000 to support new property talent

The Royal Institution of Chartered Surveyors (RICS) has pledged £90,000 to the Chartered Surveyors Student Bursary Programme to support new entrants to the property industry.  The bursary...

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