Archive

The slump in housing market transactions is beginning to translate into a fall in the number of conveyancing companies. A study by...

Fewer sales than usual were registered by HMRC for June, official figures show. The latest property transactions statistics from the taxman - based on...

Savills’ “less transactional” services have boosted its performance so far this year amid a slower property market. A trading update from the...

London agent Maskells has expanded further into the capital. Having opened its second office in Kensington and Notting Hill in 2021 to...

A buying agent has given his backing to the prospect of a Stamp Duty and Inheritance Tax (IHT) cut during this...

The rate of inflation has fallen to the lowest level in two years, raising hopes of a boost for the property...

It wouldn’t be sensible to jump to a firm conclusion about the prospects of the housing market this side of Christmas,...

House price falls could continue into 2024 as high interest rates continue to make it difficult for homebuyers to transact, an...

It’s that time of year already: Halloween’s happened, Bonfire Night’s blown itself out, and there’s now a feast of festivities leading...

OnTheMarket (OTM) has warned of a “challenging backdrop” for agents which may impact the portal’s annual revenue. It comes amid rumours, reported...

Demand for residential property remains fragile despite a pause in interest rate rises, Knight Frank claims. While the number of new prospective...

Falling Stamp Duty and survey fees have pushed down the cost of moving. Comparison website reallymoving analyses the cost of moving home...

The mortgage rate rollercoaster is finally winding down but pressure will remain on the property market, Knight Frank claims. New commentary from...

Buyer expectations of price discounts are too high, a prime agent claims. Jo Eccles, founder and managing director of prime London buying...

In his latest column Jonathan Rolande explains why estate agents shouldn’t be distracted by the latest house price index figures. Nobody reading...

Agents and property professionals have expressed hopes that rates have peaked after latest rise Iin the cost of borrowing. The Bank of...

LonRes has declared the prime London sales market to be “subdued” entering the second half of 2023. The data consultancy says that...

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

Who are you and what does it say on your business card? I’m Heather Staff and it says Co-Founder of Street Group...

The worst of the pricing adjustment in response to higher mortgage rates appears to be behind us, Zoopla has claimed. The portal’s...

The property market looks to have avoided ‘heading over a cliff,’ Knight Frank suggests. Analysis by the agency brand suggests the further it...

The level of property sales in the UK is declining, HMRC has suggested, after it revealed that transactions dipped for the...

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

Winkworth agents ranked second when it came to property exchanges in London last year, the franchise agency brand claims. A trading update...

Happy New Year! I hope you’ve recharged the batteries and have a shiny list of resolutions to make 2023 as successful...

Property transaction volumes hit their highest level for five years during the third quarter of 2022, conveyancers claim. It comes amid a...

A report earlier this month warned that conveyancing firms should stress test their businesses for a sharp decline in work volumes. These businesses...

Agents should be getting buyers to focus on what they can afford now and in the future rather than worrying about...

Mortgage rates look likely to fall after Rishi Sunak’s appointment as Prime Minister but analysts are still unsure how far the...

There are positive signs that the country market could avoid a housing downturn, Knight Frank claims. Analysis by the agent found while...

It was announced back in February this year that PEXA, the Australian FinTech/PropTech that enabled the world’s first fully digitised property settlement...

Lettings has helped drive Foxtons revenue and profits for the first half of the year, a company update has revealed. The listed...

Estate agency recruiter Josh Rayner has said job demand is at the highest level he can remember. Rayner, who runs property jobs...

The latest trading update from Foxtons has revealed that sales revenue in the first quarter of this year was down 9%...

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

The latest LonRes market snapshot for prime London carries mixed messages in terms of transaction volumes.  Overall, for the month of October,...

More buyers in prime central London are choosing larger properties - a function of the pandemic and the race for space. That’s...

Chestertons, the London high-end estate agency chain, is reported to be looking for a buyer. Sky News says it’s hired Deloitte, the...

I’m sorry to break this to you but in 10 days’ time it will be autumn - and we will have...

Transaction volumes in prime London fell in July according to data from LonRes. Transactions were down 22 per cent compared with July...

Viewings are in the news right now and with good reason.  As the impact of the stamp duty holiday fades, and transaction...

There’s already plenty of talk about autumn - depressing huh? - with agents pondering how the housing market will respond to...

One of the leading housing market analysts says some of the extreme house price rises seen this year could unwind during...

Demand for all types of houses, from terraced to detached, has more than doubled in the current housing market - creating...

Property consultancy LonRes says June was a record-breaking month for property sales in the capital, with exchanges up 140 per cent...

A leading agency in the capital says it’s seen its strongest ever half year of trading. According to Chestertons’ latest market analysis,...

A leading agent has been in touch with EAT to vent his frustration at the government for extending most of the...

New data shows no let-up on the pressure on the conveyancing sector as the stamp duty holiday and the broader economic...

Data consultancy LonRes has given a typically upbeat assessment of the Prime London sales market - despite the effects of Coronavirus...

The Prime Central London pain throughout the pandemic can be seen by new figures just released by an investment consultancy, showing...

There’s been a surge in activity in London’s prime housing market according to LonRes. The property data company says that new instructions in March...

Here’s hoping you managed to have as good a Christmas and New Year as Covid rules allowed. Journalism in early January is...

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...

Described on this site as a ‘powerful disruptor’ in March 2020, few would deny that the COVID-19 pandemic has impacted on...

The industry seems almost back to normal. Not the ‘new normal’ we spoke so much of a few weeks and months ago,...

Zoopla’s research team is anticipating the first quarter of next year will see the current boom continue as 100,000 additional sales...

Transactions appear to be edging higher than in 2019 for the first time this year - despite lockdowns and concerns caused...

The latest Royal Institution of Chartered Surveyors review of sales and rentals, often amongst the most pessimistic of analyses, says Covid 19...

Fledgling portal Boomin - launching later this month - has announced another 10 independent regional agencies as founder members. This includes its...

Delays across the house buying sector mean those wanting to benefit from the stamp duty holiday need to begin the buying...

New instructions almost doubled across prime areas of London in September compared to the same period a year ago, while the...

Recent speculation that the so-called Bank of Mum and Dad would be playing a reduced role in the housing market has...

The Say No To Rightmove campaign has given a thumbs up to the new Boomin listings service created by the brothers...

One of Countrywide’s biggest shareholders has written a second letter to the company to demand bold action to save the agency...

The UK residential activities of high-end agency Savills suffered a 54 per cent reduction in profits and an eight per cent...

Agents have remained calm in the light of Nationwide’s house price index which shows the first annual fall for eight years...

Agents’ declining income - the result of the lockdown and the collapse in transaction volumes - has been revealed for the...

Countrywide says it is pursuing the businessman who failed to complete on the purchase of the troubled agency’s commercial arm, Lambert...

High end London agency Beauchamp Estates has been selected to join the Bank of England’s advisory panel of companies and senior directors, and to...

Savills has kept in touch with almost 2,000 of its vendors and prospective buyers through two mass webinars. Entitled ‘What COVID-19 means...

LSL Property Services says one of its measures to “rightsize” the organisation during the Coronavirus crisis will be to put agents...

New sales agreed have already plummeted by 15 per cent and over the next three months there’s going to be a...

There are fears that the so-called Boris Bounce which saw a surge in activity after the General Election may be hitting...

Foxtons is warning that 2020 will be yet another difficult year for the agency despite the so-called Boris Bounce helping the...

Foxtons has this morning announced that chairman Garry Watts is to retire from his position on March 1. He is also quitting...

Foxtons's trading statement this morning reveals another huge slump in sales - but no new announcement about future branch closures after a spate...

London-focussed high end agency Chestertons says it’s on the hunt for acquisitions after posting what it describes as a “record performance”...

Figures released this morning by data firm LonRes provide the latest evidence of a so-called Boris Bounce with the market improving...

House prices rose 4.0 per cent in 2019 according to Britain’s biggest mortgage lender Halifax, as a December bounce - some...

The new mood of apparent political stability promoted by supporters of Boris Johnson and Brexit appears to have failed to win...

House prices in England and Wales are set to fall over the next three months according to a price index produced...

There’s been an encouraging increase in property transaction volumes according to new figures from HM Revenue & Customs. The total number of...

Stories with good news about the prime central London market seem few and far between but the latest figures from B2B...

A trading statement from OnTheMarket reveals that fewer agents than anticipated have so far converted from free or discounted deals to...

A pessimistic set of figures on asking prices, transaction volumes and stock levels culminates in Rightmove urging vendors to be willing...

Cluttons has downgraded its forecasts for the housing markets in London and the rest of the UK for the remainder of...

OnTheMarket says it will not increase listing charges in 2020 for any agents currently paying full fees, while agencies which list on only...

Savills, once a safe bet for year-on-year growth, has seen its underlying UK residential profits plunge 44 per cent with economic...

Who are you and what does it say on your business card? Eric Woodhams F.N.A.E.A. mio Account Manager What is mio and what...

There’s more ammunition today for those agents who argue that equity release stops people moving and thus cuts the number of...

Just 200 conveyancing firms control over 39 per cent of the market in England and Wales, wielding significant power over customers,...

A new and comprehensive analysis of the housing market shows a jaw-dropping collapse in stamp duty revenue going to the Treasury...

The chairman of franchise giant Hunters says his company’s purchasing power is such that it secures 60 per cent discounts from...

Foxtons has revealed that its six branch closures announced towards the end of last year will save the company £3m in...

LSL Property Services, the parent company of Your Move and Reeds Rains, has substantially 'written down' its investment in online estate...

Connells Group says investment in PropTech will be the way to safeguard its almost-600 High Street branches - and it’s repeated...

Another estate agency has closed one of its prime London offices as the capital’s most exclusive areas continue to be hit...

The first set of figures for the year from HMRC show that there were 0.8 per cent more residential property transactions...

The Daily Telegraph has gone public with City speculation that Chicago-based real estate consultancy JLL may be interested in buying Savills. Both...

A statement this morning by franchise agency Winkworth says lettings and property management now accounts for 50 per cent of its turnover. The...