The latest English Housing Survey, just released by the government, gives a startling insight into the housing market - including the revelation that for the first time the majority of owner occupiers own their homes outright, without a mortgage.
Data from Hometrack shows that Russians have been the big winners in the league table of foreign buyers who have snapped up homes in prime central London in recent years.
There was a 16 per cent drop in the value of mortgage loans for buying in London in the fourth quarter of 2014, compared to the previous three months.
Connells has announced pre-tax profits of £63.2m compared to £50.2m last year, allowing it to claim it is “the most profitable UK estate agency group.”
Zoopla says it has legal advice stating that the OnTheMarket portal and its member agents could face fines and claims for damages should some of its activities be declared to be infringing competition law by the Competition and Markets Authority.
Keller Williams, the US-owned agency which next month formally opens its ‘soft launched’ office in London’s Victoria as well as one in Leeds, has recruited a senior London agent to head its UK sales and letting team.
The National Association of Estate Agents says more regulation for agents and more appropriate taxation across the property industry are two key demands in its ‘2015 manifesto’ ahead of the May general election.