Archive

I have been an agent for 25 years and have represented a large corporate agency and Anderson Rose (my own independent...

NatWest and Santander are the latest mortgage lenders to unveil rate cuts. The lenders have revealed lower mortgage pricing from this morning...

Rents have begun to stabilise, despite an exodus of landlords from the sector and resistance over rent reductions. The market is witnessing...

A prominent financial analyst is warning that the hopes for a housing market resurgence over the autumn could be derailed by...

HSBC has promised rate cuts this week as mortgage pricing continues to drop, but it is unclear how much further pricing...

Under the strain of a housing crisis, the UK faces a severe shortage of affordable homes. This is further emphasised by...

Almost half of properties sold in prime central London (PCL) this year had a price reduction, research suggests. The latest data from...

Prime London property sales are taking longer to go through once under offer, which is creating a vicious cycle of fall-throughs,...

Local property market performances vary from 12% gains to price reductions of as much as 24% since the pandemic house price...

Price reductions fell to an 18-month low in April as transactions recover faster than prices, new industry data reveals. Figures from Hamptons,...

Choosing the right prospecting software can be the difference between finishing the year on a high or finishing it below target. Although...

Some 36% of all homes which have had asking prices cut this year are now listed as sold subject to contract.  GetAgent...

An analysis by Rightmove reveals that the average interest rate for a two year fixed mortgage at 95% loan to value...

Many agents may perceive that the need to negotiate only comes into play at the point of offer if a property...

Lower mortgage rates gave the housing market a boost in February with supply and sales all moving higher, Zoopla claims. The portal’s...

Our latest research has revealed London’s six best performing boroughs when it comes to positive property price growth. But a wider trend...

The housing market is "turning a page" with fewer price reductions and higher achieved prices, Hamptons claims. A January market activity update...

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

Property supply and demand have rebounded since the start of the year amid falling mortgage rates but sellers are still making...

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

A record 50% of homes sold in England & Wales last year were purchased following a price reduction, Hamptons analysis has revealed. The...

There is rarely a quiet year in the property market. And 2023 has felt like the usual rollercoaster at times. On...

Hundreds of properties are having their asking prices cut each day, new analysis reveals as agents and sellers continue to try...

Rightmove is anticipating a 1% average drop in national asking prices by the end of next year. The latest forecasts from the...

As sure as night follows day, so our industry sets out a wish list of tax changes which it hopes the...

Two more major lenders have cut mortgage rates, prompting hopes that deals could seen come close to 3%. HSBC and Halifax have...

Agents are securing sales closer to asking price but properties are taking longer to sell, new data suggests. Analysis by Hamptons, using...

LSL has described the transfer of its estate agency business to a franchise model as a success and said it expects...

The average home seller across England and Wales has achieved 97.3% of asking price, a -2.4% drop versus the previous six...

Fewer sellers are willing to cut their asking prices, Chestertons claims. The agent said vendors in the capital have already priced in...

Who are you and what does it say on your business card? My name is Mark Bevan and I am the Sales...

Experts are warning that the weekend’s better than expected economic news could indirectly hurt the housing market. The UK economy grew by...

Price reductions have reached their highest level in at least nine years according to estate agency Hamptons.   Some 50 per cent of...

Average mortgage rates have dropped slightly, providing possible respite for homebuyers. The latest Moneyfacts data shows the average two-year fixed mortgage rate...

Agents are facing challenges of rising price reductions but fewer listings are being withdrawn and the level of fall-throughs is dropping,...

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

So much has changed in the world of property of late that it’s easy to be behind the times - and...

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

A high-profile agency brand has hit out at “cheerleader’ estate agents” who it claims encourage vendors to push up the asking...

Purplebricks has agreed a sale of its business to online rival Strike for a consideration of £1. It brings an end to...

Hometrack has launched a property listings data product for agents to help analyse their local market. Powered by Zoopla data, the product...

The number of listings that were reduced during January to March increased by an average of 102.5% compared with the same...

Purplebricks was the top brand for new listings and sales agreed during March, new data shows. A new quarterly market report launched...

LSL Property Services’ share price dipped yesterday after posting an operating loss in its 2022 annual accounts. Its results showed a group...

The property market is broken, Housing Secretary Michael Gove acknowledged yesterday. Despite the Conservative Party being in power since 2010, Gove insisted...

Mortgage pricing has dropped despite last week’s interest rate rise, Rightmove claims. In a boost for homebuyers, analysis by the portal suggests...

Taking a proactive approach with viewing generation can increase foot flow through properties and generate more offers, and ultimately close more...

Cutting an asking price has become a less effective selling strategy this year, research claims. Data from estate agent prospecting tool Spectre shows...

Higher utility and staffing costs pushed profits down in Savills’ UK residential business last year. The property and agency brand revealed in...

The number of properties listed as sold subject to contract (SSTC) has increased by 5% so far this year versus the...

Last month marked the slowest February to sell a home since 2013 but prices are improving, new analysis claims. Insight from agency...

Record numbers of prime properties were reduced in price last month as the pandemic boom is officially over, LonRes claims. Analysis by...

Vendors are cutting asking prices by as much as 20% on average to secure a sale, new research claims. Quick-buy firm House...

Agents are seeing more stock coming to the market but Zoopla is warning about seller expectations. The latest Zoopla House Price Index...

Independent estate agent DM & Co. Homes has launched a weekly update on the regional housing market presented by managing director...

The first half of 2023 will be more challenging than last year but the performance of the prime residential markets should...

Homeowners must accept that 2023 will become “the year of the price drop”, a property expert claims.  As Nationwide and Halifax data...

The estate agency sector is close to being hit by a fall-through per minute as an industry veteran warns that the...

Industry veteran Harry Hill has become the latest to warn of a drastic decline in house prices. The Rightmove founder and former...

One in 15 homes formerly sold by agents are returning to the market after the original sale collapsed, new data shows. Analysis...

The level of homes being snapped up within two weeks of being listed has fallen to 6.8% across the UK market...

An estate agency firm is urging sellers to resist cutting asking prices. Tom Cranenburgh, of GetanOffer, which describes itself as a quick...

A Bill to bring the Government’s Stamp Duty reductions into legislation reached its second reading in the Houses of Parliament this...

Agency stock has hit the highest level so far this year but it seems to coincide with a decline in demand...

Buyer demand has dropped by a fifth in the fortnight since the mini-Budget while supply has increased from worried homeowners, Zoopla...

Property demand has dropped while price reductions have increased in recent weeks, data shows. Two separate pieces of industry data give new...

Rightmove insists the housing market is still moving as more lenders removed deals yesterday. Data from comparison website Moneyfacts shows there were...

The level of price cutting on agency listings has started to hit new highs. Property Log, which is a Chrome extension that...

The government’s Stamp Duty reforms could provide a boost to homebuilding in the UK, a property investor claims. Real estate investor Alliance...

The threshold for the Welsh version of stamp duty is set to rise, following on from the stamp duty cut for...

Properties that are slow to sell are typically commanding a discount of up to 17% off England’s average house price, research...

Thousands more leaseholders are expected to see ground rents cut and some may even receive refunds. It forms part of the Competition...

Estate agents have listed an average of 7.3 homes for sale per branch during 2022, research suggests- down 12.5% annually. Agency comparison...

Agents are being urged to discuss pricing with vendors after research shows 52% of listings have been on the market for...

Former Countrywide boss Bob Scarff has warned that estate agents have become too reliant on alerts, emails and text messages for...

The property market is starting to get hit by price cuts and slower sales times. Research by Zoopla has highlighted that one...

There are many myths about using virtual tours to sell or let properties. The most common perceptions are that virtual property...

There are whispers in Whitehall about plans to encourage pensioners to downsize with a stamp duty tax break. The move, first reported...

In this latest video interview zoning in on the current property market, and the stats, facts and data behind its present...

The government has failed to take the opportunity of the Spring Statement to provide clarity on its business rates reform agenda,...

A free to list portal has launched a tool which it claims will predict a seller’s propensity to switch agents.  Residential People...

The UK is reported to have dropped down the league table of governments that secure vast amounts of income from property...

The Good Estate Agent, set up in 2010, is slashing its franchise fee - it claims the reductions are for Black...

The market may be soaring in most of the country but there are still locations where significant numbers of properties sell...

Newly instructed properties across the country dropped by 10 per cent in August compared to July’s numbers, according to Homesearch. The company,...

Following a month in which the number of property transactions was the highest since records began, it might seem a little...

Price renegotiations are underway between buyers and sellers in danger of missing Wednesday’s stamp duty holiday deadline, says Knight Frank. The agency...

The London housing market is enjoying the end of the lull before the storm, according to a leading buying agent. Sara Ransom...

Recently I heard the stat that over 50% of property is sold with the second agent, which was backed up by...

Rightmove has revealed its figures for the full year 2020 - down in terms of profit and revenue because of the impact...

Countrywide shareholders have overwhelmingly backed the offer by Connells to buy the company. At a special virtual AGM today 99.58 per cent...

It now looks likely that Hunters will be taken over by The Property Franchise Group after several months of talks, subject...

By any available metric, Belvoir had a good 2020. Already a well-known and well-established name, it was highly praised for its...

The speed and success of the Coronavirus vaccine programme holds the key to the housing market rebounding in the second half...

Connells has revealed that it’s to keep the existing Countrywide branch structure and staff headcount when the acquisition process is completed...

Buyer feedback is a key resource for agents who want to keep on top of market changes and so handle vendors’...

A new survey of prime London property shows 21 per cent of homes on sale have had their asking prices cut...

A tax expert says his research suggests some buyers of homes with annexes may have paid too much stamp duty on...

Franchise network Hunters has recorded strong figures for the first half of 2020 but a trading statement reveals the measures it...

Almost a third of property sellers (29%) say they won't accept a lower offer for their property, according to new research. Online...