Archive

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

The director of a London estate agency claims a buyer needs an income of £100,000 a year to purchase a home...

Foxtons’ market share for exchanges rose by 30% in the first half of the year as the London agent revealed double-digit...

Self-employed agency brand eXp UK has unveiled a buyer representation programme, spearheaded by industry trainer Richard Rawlings. Its agents will be able...

High mortgage rates continued to weigh on the housing market in June, leaving house price growth relatively flat. Nationwide’s latest House Price...

The recent dip in inflation to 2% for the first time in three years brings a glimmer of optimism in the...

Foxtons has been backed by a senior analyst to return to its previous peak earnings. A note from Singer Capital Markets suggested...

Prominent housing and mortgage experts are downplaying the chance of an interest rate cut following the Bank of England monetary policy...

Some 83% of estate agents are proud of their profession, says a new survey. The poll of 1,728 estate agents, commissioned by...

Estate agent earnings remain behind other salary and incentive based professions despite helping with sales of such an expensive asset when...

Housing affordability ratios have fallen back to pre-pandemic levels but remain high, Office for National Statistics (ONS) data shows. The latest figures...

I was chatting to a genuine city gent the other day (someone who has enjoyed a career in suits, ties, shares...

LSL Property Services yesterday announced the completion of its acquisition of TenetLime  The property brand announced in August that it had acquired the mortgage...

There are several pros to cohabitation, and it’s always a wonderful experience when you’re handed your set of keys as a...

Average house prices rose between December and January but a rapid rebound is unlikely, Nationwide has warned. The latest Nationwide House Price...

Mortgage rates may be falling but tougher lending criteria is stifling many borrowers, including high earners. Research by Investec has found the...

Leaks and water-based issues are more likely in rental properties than any other type of emergency, according to data we gathered...

Fall-throughs are costing estate agents an estimated £63m purely based on the cost of having to remarket a property and host...

Most markets appear to be either at, or past, the moment of peak uncertainty, Savills claims. A trading update from the agency...

NatWest chairman Sir Howard Davies sparked fury on social media last week after claiming it isn’t difficult to get on the...

Foxtons has described itself as a “lettings-focused” business after announcing the acquisition of rival London agency Ludlow Thompson. The deal is worth...

By Jashoda Pindoria, Head of Self Assessment Operations, HMRC Self Assessment need not be daunting with HMRC’s simple steps on getting started....

Single first-time buyers with low deposits are priced out of much of the property market, research suggests. New analysis using the latest...

Nationwide has cautioned property market commentators about being too optimistic as its own house price index showed average prices surprisingly rose...

An opinion piece by Sam Reynolds, CEO of Zero Deposit Just weeks ago, the Bank of England brought a halt to its...

UK estate agents receive the lowest sales commission across eight of the world’s biggest property markets, new research suggests. The analysis suggests...

In the property industry, technology must work in a way that is right for agents, helping to free them up to...

Keller Williams UK (KWUK) is set to hold its largest ever UK event.  The KWUK Megacamp will take place at the VUE cinema in...

Funny how time flies faster as you get older and I’m reminded that next week, (23rd September, to be precise) it...

The ESTAS team and I are now on the final countdown to Friday 20th October.  Having run the event for twenty...

Housing affordability is improving but the benefits are being offset by high mortgage rates, Halifax claims. Analysis by the lender found the...

Over recent years, as successive governments have tightened lettings legislation and increased the tax burden on landlords, some with investment properties...

A recent poll of 11,000 private renters by SpareRooom reveals that 81% spend more than 30% of their take-home pay on...

The long-awaited Renters Reform Bill was finally introduced in Parliament in May, but is it really good news for tenants? Several...

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

It’s a tough old road for today’s first-time buyers, with house prices and mortgage interest rates much higher than they were...

Cooling house prices are resulting in the average estate agent losing around £441 of per month, research suggests. Hybrid agent Nested has...

LSL has sold its mortgage, protection, and general insurance brokerage firms Embrace and First2Protect. The brands have been sold to Pivotal Growth,...

Annual staff turnover in the property industry sits at almost 30%, with the most common reason given for leaving a job...

Agents working with iamproperty sold more than 7,000 properties through its auction service last year, the proptech firm has revealed, as it...

The proportion of take-home pay that first-time buyers are having to put towards mortgage repayments is returning to levels last seen...

New year, old worries: what’s happening in the housing market? We’ve asked experts and collated forecasts, 15 in total. On the one...

House prices fell for the fourth consecutive month in December, the worst run since 2008, according to Nationwide. The lender’s final House...

The housing market is struggling to regain momentum following the mini-Budget but a ‘soft landing’ is possible, Nationwide suggests. The lender is...

Purplebricks’ activist investor Lecram Holdings has warned shareholders can’t afford to wait ‘while the business runs out of money’ in a...

Purplebricks chief executive Helena Marston insists the brand's turnaround plan is working after posting a half-year loss this morning and revealing...

Automated rental payment specialists PayProp recently held a high-profile event in London - PayProp Connect - which included a number of...

Annual house price growth slowed to single digits in September and was flat on a monthly basis, Nationwide figures show. The lender’s...

Asking prices for typical first-time buyer homes and equivalent rents have risen three times faster compared with the pre-pandemic years, Rightmove...

Prime estate agent John D Wood & Co has marked 150 years in business by opening a new headquarters. It has moved...

A new calculator has been launched to let homeowners compare how much their property has earned compared in a year and...

Almost three quarters of property professionals agree that estate agent pay is too low. A poll conducted by Estate Agent Today found 73%...

Lawyers working on a class action against online agents including Purplebricks have said they will be ready to send a letter...

Homeowners are now earning almost as much from their property as they are from their salary after prices hit new highs. The...

More acquisitions are being predicted at agency franchise group Belvoir. It comes as the listed brand yesterday reported record group revenue of...

John D Wood - which along with Hamptons is regarded as the prime end of the suite of agency brands now...

The latest government house price data has sparked a fear that the market may be heading towards an affordability crisis. The Office...

The LSL Property Services group - which is increasingly focussing activities in the mortgage and personal finance world - has issued...

Those aficionados of the Sound of Music will recognise the tag line above. It came to my mind when thinking about...

There’s been another large rise in fee earnings for Rightmove this morning, as the portal softens the blow by announcing a...

An average home appreciated more in 2021 than its owner will have earned, according to Savills. The agency says that with annual...

The latest house price data from the Halifax shows another absolute record but with a sharply reduced monthly rise indicating a...

The Nationwide has released data listing the most and least affordable locations in Britain - background information for agents. Some entries are...

Fears that the housing market may be seriously damaged by the worsening economy led to share price falls for Rightmove and others...

As 2021 draws to a swift close, there is much speculation about what 2022 will have to offer. Despite the emergence of...

Purplebricks insists there is no basis for a class action legal case over its employment practices which may start this month. A pressure group, Contractors...

High house prices relative to average earnings make raising a deposit a big barrier for first time buyers, a new study...

The head of a small hybrid firm that describes traditional agencies with offices as “antiquated” says property professionals working for corporates...

A new league table of earnings by estate agents, based on basic salary and commission combined, suggests that UK agents earn...

It’s been a busy and arguably fruitful year for the property market, with an eager consumer base pushing forwards with their...

The leader of the organisation proposing a class action against Purplebricks says there’s been a “phenomenal” response to his request for...

New research suggests estate agents earn some of the lowest basic salaries of all sales professions.  Nested, an online agency promoting the...

A claims firm wants to commence proceedings against online estate agency companies such as Purplebricks and Yopa. It's on behalf of thousands...

Agent wages have been in the news this week, with boastful claims from a number of self-employed businesses about the sums...

An estate agent claims he may be the highest paid in the industry this year - and he puts it down to...

An agency says individual agents operating as self-employed can earn up to £64,000 more per year than fully-employed counterparts. Nested says the average UK...

Affordability has always been a hot topic when it comes to the property market, and this is doubly true for first-time...

The Property Franchise Group (TPFG) – the umbrella property brand which incorporates well-known names such as EweMove, Ellis & Co, Martin...

A survey conducted by a bank suggests that over half of the self-employed sector of the economy believes its financial position...

A company says it’s gathering £500m in funding to purchase properties for a “gradual home ownership” scheme - a variation on...

A nationalist party has blasted a Labour government in one national region of the UK for its lack of intervention in...

The chief executive of Purplebricks says he wants to move his agency’s 600 Local Property Experts from self-employed to employed status...

Since 2017, The DPS has used the data we collect to track the rental values of properties across all regions of...

A leading industry personnel expert says agencies must do more to attract new staff, including adapting how they work to compete...

A supplier of virtual viewings claims physical viewings cost £233 of an agent’s time on average - and that’s without fuel...

Like many of you, I have watched a lot of football recently and I’ve enjoyed every minute. It has been an...

Estate agency comparison website GetAgent has calculated the typical fees charged to vendors in different parts of the country. It says agents...

Banks and building societies want the government to offer more help to the housing market through additional assistance to home owners...

The current crisis has led to many of us to re-evaluate our lives to ensure that we put ourselves in the...

Keller Williams now boasts 377 estate agency partners across the UK - agents that have set up and run their own...

With property transactions taking longer than ever and many people operating at capacity, it is easy to overlook the progress made,...

I was not surprised when I came across an industry article recently citing that over half of home buyers never visit...

Yopa has instructed two companies to help with its brand building as it battles with other major online players. It’s appointed M.i. Media...

With just two days to go, it's fair to say the property industry is eagerly awaiting Chancellor Rishi Sunak's Budget statement...

Some 70 per cent of first time buyers in 2020 took out mortgages in excess of 25 years, says the Nationwide. A decade...

The ‘future of residential’ is a huge term to contend with but one that was addressed last week through our RE:Connect...

Fall throughs which could be avoided by Reservation Agreements have cost agency branches an average £10,000 per month. That’s the claim from digital...

After you. No, after you. That is often how innovation seems amongst the real estate elite. And this week I see it...

The soon-to-launch Boomin portal has signed up a national firm and now claims to have recruited 40 per cent of the...

The trend of buyers apparently fleeing the city to get more for their money in the country has hit the buffers...