http://www.estateagenttoday.co.uk Daily Estate Agent News Copyright 2009 Estate Agent Today http://www.estateagenttoday.co.uk/i/email/logo.gif http://www.estateagenttoday.co.uk http://www.estateagenttoday.co.uk/News/Story/?storyid=3479&type=news_feed Welcome to a new monthly blog by Henry Pryor, estate agent turned entrepreneur, inventor and expert media commentator on the housing market. The Month in Numbers – July. Seven major indices are published every month and any number of ad hoc property surveys. Of course, no one survey truly represents what is... Wed, 01 Sep 2010 09:21:59 GMT http://www.estateagenttoday.co.uk/News/Story/?storyid=3479&type=news_feed http://www.estateagenttoday.co.uk/News/Story/?storyid=3478&type=news_features House prices went up slightly – by 0.4% – in July, the Land Registry has reported. It brings the average property value in England and Wales to £166,798. But a separate survey published at exactly the same time found that house prices went down 0.1% in July and dropped a further -3%... Wed, 01 Sep 2010 07:45:27 GMT http://www.estateagenttoday.co.uk/News/Story/?storyid=3478&type=news_features http://www.estateagenttoday.co.uk/News/Story/?storyid=3477&type=news_features A tenant who faked his identity when renting through Knight Frank has been jailed for three years after he went on to pose as its owner and sold the property. Steven Rice, 43, of Basingstoke, Hampshire, assumed the identity of Stewart Knight and faxed through a faked passport to Knight Frank. This... Wed, 01 Sep 2010 07:42:14 GMT http://www.estateagenttoday.co.uk/News/Story/?storyid=3477&type=news_features http://www.estateagenttoday.co.uk/News/Story/?storyid=3476&type=news_features Chinese buyers are expected to replace Russian investors as major players in the prime central London market, says London agent CB Richard Ellis. The Chinese are among buyers with foreign currency who are enjoying attractive discounts on prime central London property as the pound remains weak. In parts of central... Wed, 01 Sep 2010 07:40:21 GMT http://www.estateagenttoday.co.uk/News/Story/?storyid=3476&type=news_features http://www.estateagenttoday.co.uk/News/Story/?storyid=3475&type=news_features The most popular moving date is today, September 1, the Post Office has revealed. The two next busiest moving dates are August 28 and July 31. It says it can tell because of the number of requests it gets for redirecting mail. However, the Post Office says that people generally prepare very poorly... Wed, 01 Sep 2010 07:39:20 GMT http://www.estateagenttoday.co.uk/News/Story/?storyid=3475&type=news_features http://www.estateagenttoday.co.uk/News/Story/?storyid=3474&type=news_features The proportion of buyers expecting to buy for the first time in the next 12 months has sunk to a new low. A year ago, 31% of people expecting to buy said they would be buying for the first time. Today, that proportion is just 22%, Rightmove has reported. While most prospective... Wed, 01 Sep 2010 07:38:12 GMT http://www.estateagenttoday.co.uk/News/Story/?storyid=3474&type=news_features http://www.estateagenttoday.co.uk/News/Story/?storyid=3473&type=news_features Net lending plummeted in July to the second lowest monthly figure since records began in 1993, the Bank of England said yesterday. Net lending, which strips out mortgage repayments and redemptions, was just £86m in July, compared with £518m in June, and compares with £1.6bn net lending in February. Gross lending for... Wed, 01 Sep 2010 07:36:56 GMT http://www.estateagenttoday.co.uk/News/Story/?storyid=3473&type=news_features http://www.estateagenttoday.co.uk/News/Story/?storyid=3480&type=news_features Welcome to a new monthly blog by Henry Pryor, estate agent turned entrepreneur, inventor and expert media commentator on the housing market. The Month in Numbers – July. Seven major indices are published every month and any number of ad hoc property surveys. Of course, no one survey truly represents what is... Wed, 01 Sep 2010 07:00:14 GMT http://www.estateagenttoday.co.uk/News/Story/?storyid=3480&type=news_features http://www.estateagenttoday.co.uk/News/Story/?storyid=3472&type=spotlight Romans has been appointed to market the new homes being built as part of a £150m transformation project in Reading. Dee Park Partnership has appointed the agency to market the new homes at Dee Park, which is set to be transformed over the next eight years through a venture being led... Fri, 27 Aug 2010 09:19:45 GMT http://www.estateagenttoday.co.uk/News/Story/?storyid=3472&type=spotlight http://www.estateagenttoday.co.uk/News/Story/?storyid=3471&type=news_feed A rise in the number of agents and an overall willingness to pay more to Rightmove has helped the portal giant to a 39% rise in profits. Rightmove this morning released its half-year results for the six months up to June 30. Share prices in Rightmove rose 25p yesterday, ahead of the... Fri, 27 Aug 2010 08:16:48 GMT http://www.estateagenttoday.co.uk/News/Story/?storyid=3471&type=news_feed http://www.estateagenttoday.co.uk/News/Story/?storyid=3470&type=news_feed Property portal Home has created some new statistic pages on its site which we reckon will make compulsive reading for agents wanting to check out their competitors and identify new market opportunities. The new pages number each agent’s portfolio per branch (in all, 15,529 branches) to see what kind of property... Fri, 27 Aug 2010 08:10:53 GMT http://www.estateagenttoday.co.uk/News/Story/?storyid=3470&type=news_feed http://www.estateagenttoday.co.uk/News/Story/?storyid=3469&type=news_features The proportion of mortgages being taken out for purchases, as opposed to remortgages, is at its highest level for years, although the actual number of mortgages being lent is down. The latest mortgage index from John Charcol reveals that six out of ten mortgages are for purchases. Drew Wotherspoon, director of marketing... Fri, 27 Aug 2010 08:09:07 GMT http://www.estateagenttoday.co.uk/News/Story/?storyid=3469&type=news_features http://www.estateagenttoday.co.uk/News/Story/?storyid=3468&type=news_features In what sounds like bad news for the already beleaguered energy assessor industry, a new phone app is being launched which will give everyone the ability to audit and generate an A to G rating on any home. A London firm called Qreative Medias is behind the application ‘Home Energy Performance’... Fri, 27 Aug 2010 08:06:58 GMT http://www.estateagenttoday.co.uk/News/Story/?storyid=3468&type=news_features http://www.estateagenttoday.co.uk/News/Story/?storyid=3466&type=news_features Revenue and profits at Savills for the six months to the end of June soared, but the company warned that things might not be so sunny for the rest of the year. The warning took a severe toll on shares in the company. Revenue was up 23% to £304.4m compared with... Fri, 27 Aug 2010 08:04:14 GMT http://www.estateagenttoday.co.uk/News/Story/?storyid=3466&type=news_features http://www.estateagenttoday.co.uk/News/Story/?storyid=3465&type=news_features Here is a final reminder that you still have time to make a bid for a superb estate agency training packge, worth £400. It is made by top trainer Adam Walker and introduced by estate agent Sean Newman. As EAT readers know, Newman was very seriously hurt by a 70mph truck whilst... Fri, 27 Aug 2010 08:03:10 GMT http://www.estateagenttoday.co.uk/News/Story/?storyid=3465&type=news_features http://www.estateagenttoday.co.uk/News/Story/?storyid=3464&type=spotlight Online recruitment business www.propertyjobsdirect.com has launched a new service today in partnership with the NAEA and ARLA. It will be available to members on the NAEA and ARLA websites, where there will be a ‘recruitment services’ button on both home pages. Member companies using the site will also be able... Wed, 25 Aug 2010 03:36:11 GMT http://www.estateagenttoday.co.uk/News/Story/?storyid=3464&type=spotlight http://www.estateagenttoday.co.uk/News/Story/?storyid=3463&type=spotlight Kremer Signs. Shop Installation (Video) Kremer Signs launched their shop fascia signs & display division to the UK 12 months ago, after operating the service locally for over 15 years and have received excellent feedback from new & existing customers. Gary Gosney, Sales Manager comments: We thought that’s rolling this out... Wed, 25 Aug 2010 09:10:35 GMT http://www.estateagenttoday.co.uk/News/Story/?storyid=3463&type=spotlight http://www.estateagenttoday.co.uk/News/Story/?storyid=3462&type=news_feed The time has come, in my opinion, for more pressure to be placed on to the major lenders to re-evaluate their criteria for mortgage lending. The reason is that the present system just doesn’t add up in any way that can be beneficial to the housing market or, ultimately, the consumer. Over... Wed, 25 Aug 2010 08:10:28 GMT http://www.estateagenttoday.co.uk/News/Story/?storyid=3462&type=news_feed http://www.estateagenttoday.co.uk/News/Story/?storyid=3460&type=news_features More than one million unnecessary Home Information Packs were issued in the 12 months to June this year, because so many houses failed to sell. New research says that well over half of the 1.825 million houses that were put on the market in England, Wales and Scotland did not sell. In... Wed, 25 Aug 2010 08:06:20 GMT http://www.estateagenttoday.co.uk/News/Story/?storyid=3460&type=news_features http://www.estateagenttoday.co.uk/News/Story/?storyid=3459&type=news_features Mortgage rates could soar to 14% over the next two years.

 Moneyfacts is the latest to issue such a warning – the starkest yet.

 It follows hard on the heels of another warning, that interest rates could rise to 2.5% over the next year and to 8% by 2012 – pushing mortgage rates... Wed, 25 Aug 2010 08:05:33 GMT http://www.estateagenttoday.co.uk/News/Story/?storyid=3459&type=news_features