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Foxtons shares rise despite sales slowdown

Shares in Foxtons rose 3.42% yesterday off the back of its interim results. The London agent’s half-year update shows while lettings revenue...

28 July 2023

From: Breaking News

Agents Do Charity - summer support

Check out some of the latest charitable endeavours from agency and property brands this week. If you have a charitable event or...

28 July 2023

From: Breaking News

Should agents ban swearing to boost staff wellbeing?

Agents should ban swearing from the workplace to boost employee wellbeing, a respected agency executive claims. Speaking on the latest episode of...

28 July 2023

From: Breaking News

Foxtons interim update: ‘Our turnaround is working’

Foxtons has seen its sales revenues decline during the first half of the year but insists its turnaround is working. The London...

27 July 2023

From: Breaking News

Lloyds raises house price expectations despite mortgage woes

Lloyds Banking Group has issued a slightly more positive house price outlook despite warning of increased pressure on mortgage affordability from...

27 July 2023

From: Breaking News

Agents support more material information but worry about the admin burden

Agents are supportive of new rules on upfront material information but there is concern about the administrative burden. While the industry awaits...

27 July 2023

From: Breaking News

Direct sellers in Scotland risk £500 fine for missing Home Reports

Homeowners selling in Scotland without an estate agent are being reminded that they still need a Home Report. Scottish surveying firm DM...

27 July 2023

From: Breaking News

Revealed! The property pockets defying cooling house prices

House prices may be cooling but some local markets are actually heating up with property values increasing by up to 10%,...

27 July 2023

From: Breaking News

Alto unveils new ways for agents to keep track of updates

Agency software provider Alto has launched a new way for users to keep track about its latest product developments.  The Zoopla-backed cloud-based...

27 July 2023

From: Breaking News

Two months left until old-fashioned phone lines disappear

Agents and other businesses are being reminded of a deadline to upgrade their technology systems for voice and broadband connections else...

27 July 2023

From: Breaking News

Renters ‘delay buying plans’ until rates drop – research

Renters are putting off their buying plans until property becomes more affordable, according to the latest research from The Mortgage Lender...

27 July 2023

From: Breaking News

Typical estate agent salaries revealed! Are you paid enough?

Estate agents could boost their salary by up to 50% by finding a new job, new research suggests. A report from recruitment...

26 July 2023

From: Breaking News

Nested recruits Keller Williams agent to enter Scottish housing market

Hybrid agency brand Nested has entered the Scottish property market with a former Keller Williams (KW) market centre operator at the...

26 July 2023

From: Breaking News

Agency trade body backs AML overhaul

Propertymark has given its backing to simplifying how firms are regulated under anti-money laundering (AML) rules. The Treasury is currently consulting on...

26 July 2023

From: Breaking News

Agent shares emotional story after rare cancer diagnosis

Respected estate agent Sanjay Gandhi has opened up about his life-changing journey after he was diagnosed with a rare form of...

26 July 2023

From: Breaking News

‘Phoney’ London property market isn’t immune to rate rises - warning

The London property market is facing a "bleak" second half of the year, the National Association of Property Buyers (NAPB) has...

26 July 2023

From: Breaking News

New video series addresses agency compliance issues

Sales management hub mio has launched a new video series featuring compliance consultant and industry trainer Michael Day from Integra Property...

26 July 2023

From: Breaking News

Government unveils latest planning overhaul to boost housing stock

The Government has set out yet another attempt to meet it manifesto commitment to build 1m homes over this Parliament. Prime Minister...

25 July 2023

From: Breaking News

 Homebuyers facing retirement shortfall by borrowing for longer - warning

The number of people taking out mortgages with terms of 35 years or more hit a high of 88,059 in 2022,...

25 July 2023

From: Breaking News

Agents urged to back employee safety pledges

Agents and other businesses are being encouraged back a new joint initiative from employee protection firm Peoplesafe and the Crimestoppers charity. The...

25 July 2023

From: Breaking News

Mortgage boss: Higher rates will delay buying decisions

Homebuyers should get used to interest rates of 6% to 7% being the norm, a senior industry executive claims. Peter Brodnicki, chief...

25 July 2023

From: Breaking News

Major agency: Cautious buyers may benefit from summer stock

London buyers are becoming more cautious but they may benefit from more stock entering the market, Chestertons claims. A market update from...

25 July 2023

From: Breaking News

Independent agent expands into Ascot market

Agency brand Hat and Home has launched a new branch in Ascot that will be led by Paul Price. He joins the...

25 July 2023

From: Breaking News

Jonathan Rolande: How agents can survive the 'new normal'

In his latest column, Jonathan Rolande, founder of House Buy Fast, explains how those working in the sector can beat the...

24 July 2023

From: Breaking News

Auctioneer: Don’t put unsuitable homes under the hammer

Agents and sellers are being warned against putting unsuitable properties up for auction. Stuart Collar- Brown, chief executive of online auctioneer platform...

24 July 2023

From: Breaking News

More work needed to support agent wellbeing

More than half of property professional have admitted experiencing constant stress at work, new research suggests. The findings were revealed as part...

24 July 2023

From: Breaking News

OnTheMarket issues share options to retain senior staff

OnTheMarket (OTM) has issued a new round of share options to its senior staff. The challenger portal and property platform announced on...

24 July 2023

From: Breaking News

Market is cooling but buyers are more committed – claim

Cooling market conditions and the higher cost of borrowing have resulted in one property market silver lining, Moverly claims. The upfront information...

24 July 2023

From: Breaking News

Property professionals unfazed about AI takeover

The majority of UK property professionals are confident that their job will not be replaced by artificial intelligence (AI). A survey by...

24 July 2023

From: Breaking News

Agency stock is rising but sales are stuttering – research

Property supply is improving but fewer properties are going under offer, research suggests. Analysis of quarter two property market activity by data...

21 July 2023

From: Breaking News

Agent over-valuations keep asking prices higher - claim

Over-valuations remain a factor behind why asking prices haven’t fallen further yet, agents suggest. The latest Rightmove House Price Index for July...

21 July 2023

From: Breaking News

Agents Do Charity - caring for communities

Check out some of the latest charitable endeavours from agency and property brands this week. If you have a charitable event or...

21 July 2023

From: Breaking News

Agents sell record number of homes under the hammer 

Estate agents sold a record number of properties via auction between April and June, data from iamproperty suggests. The proptech firm’s latest...

21 July 2023

From: Breaking News

Sellers facing ‘window of opportunity’ to list at best price before winter – claim

Sellers are being encouraged to list their homes now as the market approaches its seasonal peak. Self-employed agency brand eXp UK analysed...

21 July 2023

From: Breaking News

PropTech Today - Why investing in the right PropTech is like having an extra pair of hands - or two…

Have you heard of the Pareto Principle…? Named after economist Vilfredo Pareto, it describes the imbalance of most work-related events -...

21 July 2023

From: Breaking News

Online agency market share dwindles again

The market share of online and hybrid agents reduced further during the second quarter of 2023, new figures show. Analysis from property...

20 July 2023

From: Breaking News

House price growth slows for fifth month in a row – Land Registry

Annual house price growth slowed for the fifth consecutive month in May, Land Registry data shows. The official figures show house prices...

20 July 2023

From: Breaking News

International agency giant launches into UK market

A successful European self-employed agency business has entered the UK market. With annual revenues of more than £500m and 20,000 partner agents,...

20 July 2023

From: Breaking News

OneDome on the lookout for more mortgage acquisitions

OneDome has signalled an intention to acquire more mortgage brokers as it reveals its HomeBuyer service has helped return triple-digit year-on-year...

20 July 2023

From: Breaking News

Made in Chelsea! Chestertons unveils latest acquisition

Chestertons has announced its second acquisition in six weeks and third of the year. The London agent has acquired boutique Chelsea agency...

20 July 2023

From: Breaking News

Conveyancing firm integrates Chimni logbooks

PM Property Lawyers has launched a service to offer all its conveyancing clients a digital property logbook for their new homes.  Working...

20 July 2023

From: Breaking News

Cost of living crisis pushes demand for park homes - claim

A park home specialist provider claims demand for that niche property increased significantly in the second quarter of this year. The Quickmove...

20 July 2023

From: Breaking News

Broker raises negative equity fears over Government mortgage schemes

A mortgage expert has expressed concern about the level of borrowers still taking out high loan-to-value government-backed home loans despite falling...

19 July 2023

From: Breaking News

OnTheMarket: Sentiment remains strong despite slower market

Sentiment among movers is proving to be remarkably resilient despite the challenging news in recent months on mortgage rates, inflation, and...

19 July 2023

From: Breaking News

Homeowners facing legal action if they fail to disclose knotweed issues

Homeowners who sell a property with Japanese knotweed and fail to declare it to the buyer are likely to face legal...

19 July 2023

From: Breaking News

Estate agency AML fines on the rise

The average anti-money laundering (AML) fine issued to estate agents for non-compliance so far during 2022/23 has already crept beyond the...

19 July 2023

From: Breaking News

New ‘digital deed pack’ aims to complete circle of upfront information

The Residential Logbook Association (RLBA) has produced a first specification for a ‘Digital Deed Pack’ that can be used for any...

19 July 2023

From: Breaking News

Zoopla delivers vendor lead boost for agents

Zoopla has delivered strong vendor lead performance for agents in the first half of 2023 despite the challenging macroeconomic backdrop -...

19 July 2023

From: Breaking News

Weathering Economic Storms: Consolidating for Sanity in Estate Agency

 In this latest article from the team at Iceberg Digital, they review the dynamics of the property market, and the current...

19 July 2023

From: Breaking News

And the winners are… UK’s top rated agents are revealed

The most highly-rated agents in the UK have been revealed. Comparison website allAgents has unveiled the winners of its 2023 People Awards. These...

18 July 2023

From: Breaking News

It’s Do-or-Die for housing market tomorrow - new warning

The publication of inflation figures by the government tomorrow will be a Do-Or-Die moment for the housing market, it’s been claimed. At...

18 July 2023

From: Breaking News

Savills chief jumps ship to new agency

A new estate agency has now announced that its co-founder is a Savills head of office who has jumped ship. Sebastian Hipwood,...

18 July 2023

From: Breaking News

Should upfront information packs be marketed like EPCs?

Sellers should be persuaded to make use of upfront information packs in the same way Energy Performance Certificates (EPCs) have been...

18 July 2023

From: Breaking News

Recruitment drive today by London-focused international agency

A London-focussed agency is today launching a recruitment drive for 12 new team members as part of what it calls ”an...

18 July 2023

From: Breaking News

Hammered! Celebrations begin for property firm’s 10th anniversary

A major auctioneering service is gearing up for its 10th anniversary and 75th in-room property sale later this week.   Auction House...

18 July 2023

From: Breaking News

Rightmove: Sales are falling but ‘right-priced’ homes are moving

The level of sales agreed has fallen below its normal market trend for this time of year but the “right-priced” properties...

17 July 2023

From: Breaking News

Second half of 2023 ‘looking bleak’ for agents - warning

House prices will fall by at least another 5% between now and Christmas, a property group has warned, creating tough times...

17 July 2023

From: Breaking News

Industry trainer reveals most important agent trait

Forget sales skills or an ability to keep track of countless numbers of keys and alarm codes, a senior industry trainer...

17 July 2023

From: Breaking News

A quarter of mortgage borrowers ‘struggling’ with repayments – ONS

Almost half of adults who currently pay rent or a mortgage have seen their payments increase over the past six months...

17 July 2023

From: Breaking News

Speculation about Gove future as reshuffle likely in September

It may be all change - again - at the Department of Levelling Up, Communities and Local Government if media speculation...

17 July 2023

From: Breaking News

Our award winner Marc hits the headlines again....and again!

Everyone at Estate Agent Today is delighted to announce that our Editor, Marc Shoffman, has won the prestigious Headlinemoney freelance journalist...

17 July 2023

From: Breaking News

Leadership restructure unveiled as agent marks 40th anniversary

Midlands property group Bond Wolfe has marked its 40th anniversary with a reception for 250 guests at Birmingham’s Town Hall, where...

17 July 2023

From: Breaking News

Buyer caution isn’t translating into ‘large price discounts’ (yet)

Properties are taking longer to go under offer but there is no evidence of large discounts on asking prices yet, Hamptons...

14 July 2023

From: Breaking News

No evidence that scrapping housing targets will boost housebuilding, MPs warn

MPs have cast doubt on the Government’s ability to achieve its target of 300,000 new homes per year by the mid-2020s...

14 July 2023

From: Breaking News

Agents may go out of business due to slow conveyancers - warning

Slow conveyancers could drive estate agents out of business, it has been warned. National law firm Dutton Gregory has issued a warning...

14 July 2023

From: Breaking News

Jonathan Rolande: Separating fact from fiction

The National Association of Property Buyers’ Jonathan Rolande gives his take on another manic week for the property market. Like many working in the...

14 July 2023

From: Breaking News

Agents Do Charity - spellbinding support

Check out some of the latest charitable endeavours from agency and property brands this week. If you have a charitable event or...

14 July 2023

From: Breaking News

Regional agency brand honours top performers

Essex property group Beresfords has honoured its staff during the brand’s summer awards. The party’s coveted Employee Of the Year; Best Sales...

14 July 2023

From: Breaking News

RICS: Mortgage rate rises ‘clearly visible’ as property market activity drops

Property market activity has returned to levels last seen in the aftermath of last October’s mini Budget, data from the Royal...

13 July 2023

From: Breaking News

Banking sector ‘resilient’ to house price shock 

Mortgage borrowers are facing higher costs but banks are ‘resilient enough’ to withstand a 30% fall in house prices, the Bank...

13 July 2023

From: Breaking News

Savills: Price-sensitive buyers returning to ‘best in class’ £5m-plus homes

London’s £5m-plus residential market is back in business after a slow first quarter, according to new analysis from Savills. The agent does...

13 July 2023

From: Breaking News

Agent gets on board for road safety campaign

An agency brand has partnered with Sticklepath Parish Council to promote safer driving and lower speed limits. Stevens Estate Agents in Okehampton...

13 July 2023

From: Breaking News

Coadjute aims to speed-up sales with upfront information tool

Coadjute has launched a Digital Property Data Pack service for its users. The pack is designed to cover the requirements of the...

13 July 2023

From: Breaking News

Respected property developer passes away

The founder of Yorkshire-based developer Gregory Property Group has passed away. The Gregory Property Group announced yesterday that its chairman and founder...

13 July 2023

From: Breaking News

Average mortgage rates enter ‘devilish’ territory

The average rate for a two-year fixed rate mortgage has passed the “devilish” 6.66% point, figures show. Moneyfacts yesterday revealed the average...

12 July 2023

From: Breaking News

Former Keller Williams market centre boss discusses next steps

After six years at Keller Williams, well-known industry figure, Chris Buckler is on the lookout for pastures new and exploring agency...

12 July 2023

From: Breaking News

Price reductions rise but sellers aren’t giving up

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

12 July 2023

From: Breaking News

Online property auctions are overtaking ballrooms - claim

Auctions are increasingly moving online but firms are becoming concerned about chasing payments from buyers after the hammer falls. Research among members...

12 July 2023

From: Breaking News

Prime London market “subdued” but with cause for optimism - LonRes

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

12 July 2023

From: Breaking News

Premium agency brand unveils foreign currency partnership

Fine & Country has partnered with currency specialist Lumon to help clients with services such as international money transfers. Lumon has more...

12 July 2023

From: Breaking News

Trouble Ahead? Bank downgrades 11 property firms as worries mount

The UK real estate industry faces a “particularly precarious” situation in the near to medium term, according to analysts at the...

11 July 2023

From: Breaking News

Frightening figures for first time buyers saving for deposits

A new study of 130 locations across the UK reveals huge ‘postcode lottery’ differences as to how quickly a first time...

11 July 2023

From: Breaking News

Rightmove reveals key ‘revenue per advertiser’ figure this month

Rightmove, which recently increased its charges to some agents by a reported 17 per cent, is set to reveal its latest trading...

11 July 2023

From: Breaking News

Energy policy confusion hitting the sale of rural homes - claim

There’s a warning today that confusion over plans to transition rural properties to greener heating systems may be deterring buyers. Trade association...

11 July 2023

From: Breaking News

Mortgage Mayhem - Labour summit wins support from industry

The Labour Party has announced it will be hosting an emergency mortgage summit this week. The summit, happening in London tomorrow, is...

11 July 2023

From: Breaking News

Agency produces controversial league table of ‘best towns’

Savills and the Daily Telegraph newspaper have combined to produce a league table of what they claim to be Britain’s 50...

11 July 2023

From: Breaking News

New private equity owners for prominent PropTech company

TM Group, a high profile provider of data and technology services such as tmconvey, mio, and tmconnect, has been sold to...

10 July 2023

From: Breaking News

OnTheMarket admits agent cancellations running higher than expected

OnTheMarket has admitted to shareholders that the cancellation of agent contracts has been “higher than expected”. In results from the company issued...

10 July 2023

From: Breaking News

Agents warn of “pain to come” after shock of biggest price fall for 12 years

House prices are falling at their fastest rate in 12 years, dropping £7,500 on average over the past 12 months, according...

10 July 2023

From: Breaking News

Agents invited to one-of-a-kind industry compliance webinar

Propertymark is working with an Anti-Money Laundering service to stage a webinar for agents wanting to know more about compliance. At the...

10 July 2023

From: Breaking News

Phil Spencer - Nurture, Not Nature, Will Help Agents In This Market

It’s the start of what promises - perhaps ‘threatens’ is a better word - to be a challenging second half of...

10 July 2023

From: Breaking News

Agency reveals its buyers’ list of ‘must have’ features

More than half of prospective homebuyers looking for a new location to move to want to be within a 20-minute walk...

10 July 2023

From: Breaking News

Turn empty shops and offices into homes - MPs demand action

Two all-party groups of MPs and Peers have called on the government to act to turn empty buildings into good quality,...

10 July 2023

From: Breaking News

OnTheMarket’s Tech Breakthrough - using AI to list properties

OnTheMarket this morning claims to be the first major UK property portal to use Artificial Intelligence natural-language technology. The controversial technology is...

07 July 2023

From: Breaking News

Sellers willing to pay £1,000 for upfront information to speed sales - claim

Almost two-thirds of home sellers who have sold a home within the past year experienced delays when doing so, research reveals. A...

07 July 2023

From: Breaking News

Much-loved agency closes after amazing 56 years in community

A popular estate agency is set to close after well over half a century in business. T Patterson Stewart Auctioneers and Estate Agency...

07 July 2023

From: Breaking News

Jonathan Rolande: It won’t be politicians who get us out of this crisis

The National Association of Property Buyers’ Jonathan Rolande gives his take on why it’s those working across the sector who will help drag us...

07 July 2023

From: Breaking News

Agents Do Charity - the industry’s good news page

Here’s the news you don’t normally get to hear about - the agency industry in full swing doing good work. If you’ve...

07 July 2023

From: Breaking News

OneDome launches competition to pay homeowner’s mortgage for a year

The OneDome Group has launched a competition to pay a mortgage borrower’s home loan for a year - and agents are...

07 July 2023

From: Breaking News

Zoopla: House prices aren’t dropping everywhere 

More than a third of homes have declined in value over the past six months, Zoopla data shows. It comes despite the...

06 July 2023

From: Breaking News

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