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Here is today’s Breaking News from the estate agency world. Join the debate by leaving a comment below a story - you will need to be logged-in to do this.

Breaking News

EPC ratings rise but fewer certificates are being lodged

There has been a dip in new energy performance certificates (EPCs), suggested falling home sales and property supply Government data shows 458,000 EPCs were lodged on the...

Zoopla launches tenure search filter

Zoopla users can now filter their property search by leasehold and freehold. In a move welcomed by leasehold campaigners, the portal said a new filter has been...

Calls for Law Society reform ‘won’t go away’ – warning

The Law Society may have seen-off a no-confidence vote but disgruntled solicitors have vowed to keep up the pressure on the professional body. The Property Lawyers Action...

JONATHAN ROLANDE: AI is inevitable but here is how to use it properly

IT’s very difficult to predict anything in the property sector. But one thing I can predict with total certainty is we will be talking and writing a...

Agents Do Charity - row row row your boat

Welcome to this week’s Agents Do Charity, our chance to salute those who do so much to help others. If your agency is doing something charitable that we...

High mortgage rates ‘pushing people into poverty’ - claim

Higher mortgage rates will push more people than expected into poverty, research warns. Analysis by the Institute for Fiscal Studies (IFS) highlights that many households remortgaging or...

Daytime TV blamed for auction stigma

Further consumer education is needed to remove the stigma of auction property sales, iamproperty co-founder Jamie Cooke claims. Cooke has suggested TV shows such as the BBC’s...

Mortgage rates dropping ‘faster than expected’

Mortgage rates are dropping faster than many expected, Rightmove claims. Nationwide unveiled a 3.99% five-year fix for home purchases this week – the first sub-4% mortgage for...

OnTheMarket owner reports revenue boost

OnTheMarket (OTM) owner CoStar has reiterated its aim to help the portal displace Rightmove. Regulatory filings from CoStar Group in the US, as part of its second...

Propertymark backs latest Welsh Labour leader

Eluned Morgan is set to be named First Minister of Wales in a move backed by estate agency trade body Propertymark. Morgan became Welsh Labour leader yesterday...

Conveyancing fees rise but remain below pre-Covid average - research

Conveyancing fees are rising but remain below highs of pandemic during the Stamp Duty holiday, research suggests. Comparison website reallymoving’s latest Conveyancing Costs Index found legal fees...

Major agency brand names new group CEO

Connells Group has appointed Helen Charlesworth as its new group chief executive. Charlesworth was managing director of LSL brand Your Move between 2012 and 2014 but most...

Vote of no-confidence in Law Society fails

A vote of no-confidence in the Law Society over material information rules has failed. The Property Lawyers Action Group (PLAG), had arranged the no-confidence vote yesterday, claiming...

Best buy home purchase mortgage deals fall below 4%

Best buy mortgage rates have fallen below 4% for the first time since the start of the year. Nationwide is the first lender to release a home...

eXp launches 'next chapter' buyer registration scheme 

Self-employed agency brand eXp UK has unveiled a buyer representation programme, spearheaded by industry trainer Richard Rawlings. Its agents will be able to boost their earnings by...

Cashflow is stopping agents from embracing technology - claim

A lack of cashflow is stopping agents from adopting technology to boost their business, it has been claimed. Proptech firm iamproperty recently brought together experts from the...

PropTech Today: Putting the AI into reAI estate

The total value of the UK residential housing market is now worth £8.67 trillion, according to Savills, with the value of the UK commercial real estate...

Moverly connects with Reapit to boost material information

Moverly’s upfront information services have been integrated with technology platform Reapit.  Agents using Reapit can now access Moverly's comprehensive material information solution, which automatically part-populates property listings...

Propertymark calls for more practical AML guidance for agents

HMRC and the Treasury have been urged to improve guidance on anti-money laundering (AML). Agency trade body Propertymark has suggested that while most agents carry out AML...

Homebuyers facing 50-50 chance of August interest rate cut

HSBC has promised rate cuts this week as mortgage pricing continues to drop, but it is unclear how much further pricing will fall. It comes as inflation...

Landlord property purchases hit record low

A lack of new investment rather than landlords selling-up is causing rental market supply issues, research suggests. The latest Hamptons Lettings Index shows landlords purchased one in...

AI helps Zoopla invest in areas guides to boost estate agency interest

Zoopla has invested in new online content and personalised emails using artificial intelligence to drive demand for estate agents. The portal said its area guides are now...

First-time buyers considering ‘non-traditional routes’ to property

Half of young first-time buyers are willing to consider “non-traditional routes” to get onto the property ladder. Research suggests that around a quarter of struggling buyers are...

Understanding the predictable path to estate agency success

In this latest article from the team at Iceberg Digital, they uncover the common challenges faced by Estate Agency owners at each stage of their journey. Many...

Borrowing costs rather than housebuilding key to boosting property market - claim

The Government will need the financial markets to play ball if its housebuilding plans are to be successful, a property expert has warned. Labour has pledged to...

Gap between asking and sold property prices grows

The gap between what sellers want for their home and what buyers are actually paying has increased by a further 1.1% in the past year, research...

JONATHAN ROLANDE: Can the Government deliver on King's Speech promises?

NOBODY does pomp and ceremony like us Brits and, wow, it was on full display in Westminster last week. Despite the prestige that surrounds the King’s Speech...

Leeds agent launches summer training academy

Manning Stainton has committed to nurturing the rising stars of the property industry in Yorkshire through a summer training academy with local schools. Partnering with Guiseley High...

Spectre unveils new social media tool for agents

Lead instruction generation tool Spectre has added social media marketing capabilities to its platform. It is being delivered through an exclusive partnership with Auto.social.  Now built directly into...

Chestertons Global targets new territories

Chestertons Global has revealed an expansion strategy as the business continues to grow its presence in key international markets. The estate agency brand has announced the opening...

Agents ‘underestimating’ value of customer feedback - claim

Agents appear to be underestimating the usefulness of customer reviews, research suggests A survey of more than 500 estate agents found a quarter don't ask all of...

Leaders unveils latest green office update

Leaders has launched its upgraded sustainable office in Sovereign Harbour, Eastbourne. The agency brand commissioned green office and retail design consultants Jackson Associates to completely refurbish and...

Agents Do Charity - bikes, hikes and megabytes

Welcome to this week’s Agents Do Charity, our chance to salute those who do so much to help others. If your agency is doing a little charitable...

Digital ID could ‘transform property market’ - claim

An anti-money laundering (AML) expert has highlighted an overlooked part of this week’s King’s Speech that could boost the property market. While much of the property market...

Zoopla named data partner for Channel 4 property show

Zoopla has been named as the official data partner of the latest series of popular Channel 4 programme ‘Worst House on the Street’. The deal means the...

Bank of England resolves payments issue that threatened home sales

A global payments issues that could have hit home sales has now been resolved, the Bank of England has confirmed. A statement from the central bank earlier...

King’s Speech: Labour policies back housebuilding and leasehold reform

Housebuilding, leasehold and rental reform are set to be key roles of the new Labour Government’s legislative agenda but agency regulation was missing from yesterday’s King’s...

Zoopla: 10m UK homes increased in value by £5,000-plus this year

Half of all UK homes (15m) have increased in value in the first half of 2024 by 1% or more, research suggests. It is the highest amount...

TwentyEA: Increasing numbers of landlords ‘selling-up’

There’s been a “substantial rise” in landlords exiting the market or downsizing their portfolios, analysis by TwentyEA has found.   Figures from the property data company show 18.4%...

Inflation holds steady at 2%

The rate of inflation held steady last month, raising hopes that the Bank of England will give homebuyers a boost with an interest rate cut  The latest...

Cash buyer activity hits decade-high

Cash buyers accounted for the highest percentage of market activity seen in the past decade and, so far this year, they’ve already accounted for a third...

Phil Spencer: One More Housing Campaign Our MPs Should Champion

We’ve probably all had enough of people campaigning in recent weeks but I have to admit to one disappointment with the General Election. There was plenty about...

King’s Speech: what policy policies will new government reveal?

The new Labour Government will set out its legislative agenda today with the King’s Speech set to reveal its policy priorities. Agents can expect legislation covering manifesto...

Law Society to host material information update for agents

The Law Society has teamed up with Teal Legal to host an online seminar for estate agents addressing material information. The webinar will be run by Sally...

Welsh First Minister resigns: Propertymark calls for end to housing instability

Propertymark has called for an end to instability over Wales’ housing policy. It comes after Welsh Labour leader and First Minister Vaughan Gething resigned yesterday after just...

East of England agents ‘worst-hit’ if Stamp Duty threshold drops - research

Agents in the East of England could face the toughest task filling the void left by first-time buyer Stamp Duty relief should the new Labour Government...

Sprift named among top technology firms

Property data specialist Sprift Technologies has been listed in the Deloitte 2023 EMEA Fast 500. The Deloitte report recognises the fastest-growing technology companies across Europe, the Middle...

Winkworth expands North London presence

Winkworth agents Shilpa and Ajay Bathija have extended their presence in North London – taking over the network’s Hendon office.  Ajay, who has almost 30 years’ experience...

Hesitant buyers push completions 40% below ‘normal conditions’

A mixture of buyer reluctance to take on high mortgage rates, the availability of home loans and inefficiencies in the homebuying process are stifling sales, research...

Leadgen firm predicts property portal price war

CoStar’s acquisition of OnTheMarket (OTM) may already be bearing fruit, a proptech firm claims. Lead generation management provider Agent Response, which filters email and telephone leads from...

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