The Property Ombudsman has released guidelines on how agents should handle the controversial Sale By Tender process, which has received criticism within the industry and from MPs and the media.
Agency ‘review’ website allAgents.co.uk says it has seen a 20 per cent rise in agency activity on the site, mostly driven by the arrival of OnTheMarket in late January.
This month’s stamp duty reforms should help boost the supply of homes in agents’ offices in 2015 according to Mark Hayward, managing director of the National Association of Estate Agents.
House prices north of the border jumped 0.7 per cent in October according to LSL, with the average property value now standing only £717 below the pre-recession peak of spring 2008.
The family-owned publishing firm Archant, Britain’s fifth-largest regional newspaper group, is entering into a deal with OnTheMarket while continuing to run its own Zoopla-powered portal.
A prominent online estate agent has called for the resignation of the managing director of the National Association of Estate Agents because of an alleged conflict of interest over its involvement with the challenger portal set up by Agents’ Mutual.
High street giant LSL Property Services says the number of transactions fell 20 per cent between the end of October and end of November - and for the first time in almost two years transaction volumes fell below the level recorded 12 months earlier.
The Green Party councillors in control of Brighton & Hove’s local authority have asked the government for powers to scrap the old Thatcherite flagship housing policy - Right To Buy.
The government has given more details of its scheme which is described as offering 100,000 first-time buyers new homes with a 20 per cent discount.
The year is ending with the largest-ever drop in asking prices according to the final ‘old-style’ index from Rightmove - but it says 2015 will see price rises.