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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

At last! Property sales data shows recovery from Brexit

It’s taken eight years but one of London’s highest profile estate agencies says the value of its Under Offer pipeline has at last exceeded the figure...

Sellers Risk Fall-Throughs by failing to disclose neighbour rows

Almost one in five vendors admit to having failed to disclose disputes with neighbours to prospective buyers when selling their home, according to new research. The same...

Jonathan Rolande: New build data is something to build on

Data and statistics are never in short supply for those of us working in the property sector.  But one set which really caught my eye this week...

Phil Spencer to give Blue Sky speech to estate agents

TV property guru, Move iQ founder and Estate Agent Today columnist Phil Spencer to be a keynote speakers at Propertymark One this year, the trade body’s...

Accreditation for solicitor estate agents begins next week

ESPC has relaunched its SPC Property Practice certification, a unique accreditation course for solicitor estate agents. Developed with The Law Society of Scotland and Edinburgh Conveyancers Forum,...

New owner for Martin & Co franchise

Martin & Co’s Tonbridge office has a new owner. Chatham-born Stephen Castellani has taken the reins from Robert Gordon-James and his wife Katrina, who had been the...

Average estate agent fees hit £4,500 to £10,300 - claim

A new analysis of the cost-of-moving suggests that the typical seller will incur expenses of £5,867 - and that rises hugely to £12,042 in London. The largest...

Franchise agency pulls plug on underperforming offices

Winkworth has revealed that it has not renewed franchises on offices “where our standards were not being met and results were below expectations.” In a statement to...

Jargon and Complexity put people off moving home - Zoopla

The jargon and complicated house moving process is deterring as many as 2.2m owners from entering the market, claims Zoopla.  The portal spoke with 2,055 UK adults...

Interest Rate Cuts on hold after disappointing figures

Inflation has eased to 3.2% down from 3.4%, official figures from the Office for National Statistics show, the lowest level since 2021. But most economists had predicted...

Owners deterred from downsizing by cost and hassle of moving

The cost and time consuming nature of the house moving process is deterring older owners from downsizing, it’s been alleged. An upfront information service called Home Sale...

Property firms see rise in sick leave - research

Businesses in the real estate sector have seen one of the biggest rises in sick leave over the past year, research suggests. The Sick Leave Report 2024,...

Reader poll: Are house prices falling?

A fifth of Estate Agent Today readers have claimed house prices are falling either nationally or regionally, a survey has revealed. It comes as industry commentators Russell...

Leaders unveils upgraded sustainable branch

Leaders has launched its upgraded sustainable office in Guildford, Surrey, with an event for local clients, media, local businesses and Leaders staff. The Leaders Romans Group (LRG) brand followed the...

Chestertons Global expands into Bermuda

Chestertons Global has expanded into the Bermuda property market with a new affiliate, Realestate.bm. The brand will offer residential sales and lettings as well as commercial property...

AI property search app features among top downloads

Artificial intelligence-powered property search app Jitty is celebrating reaching the 10 10 ‘House & Home’ apps in the Google Play Store just days after launching in...

ESTAS Awards set to reveal postcode winners early

Agents are set to discover who has won the Best in Postcode accolades next week as part of a rejig of the ESTAS Awards. TV property expert...

Relocation Agent Network unveils AML preferred supplier

The Relocation Agent Network (RAN) has named Smart Compliance as a preferred supplier.  This partnership is a continuation of a collaboration that began last year, resulting in...

Russell Quirk and Charlie Lamdin clash over house prices – who's right?

Property market commentators Russell Quirk and Charlie Lamdin have gone head-to—head in a long-awaited podcast to tackle their ongoing debate about house prices. Both regularly clash on...

Strike secures another year of investor backing after posting 2023 loss

Strike remained in the red in the run up to its acquisition of Purplebricks last year and has new financial backing from existing investors to continue...

Foxtons’ share price rises on sale rumours

Foxtons’ share price got a mini boost on Monday morning after rumours that the agency brand is preparing for a sale. The London agent’s share price rose...

Sellers ‘sticking to asking prices’ ahead of spring market

Sellers are already less open to price adjustments despite the spring market being slow to kick in, an agent has warned. Chestertons said it has seen an...

LRG names first chief technology officer

Leaders Romans Group (LRG) has appointed its first chief technology officer. Sophia Swain has been recruited to the board-level role. She comes from professional services specialist LRQA where...

Rightmove reveals most expensive streets for home sales

The most expensive streets to buy a home in the UK has been revealed. Unsurprisingly, it is in London on Buckingham Gate in Westminster, topping the list,...

Industry survey highlights discrimination against female agents

Gender-based discrimination remains an issue with the estate agency sector and many female victims are choosing not to report issues, an industry survey has revealed. This is...

OnTheMarket: Buyers should transact before the General Election season

OnTheMarket president Jason Tebb has cautioned buyers against waiting for an interest rate cut and General Election before making a transaction decision. Tebb said that it is...

Real estate named ‘most distressed sector’

The European real estate market is the most distressed sector across Europe, research suggest. The latest Weil European Distress Index suggests the property sector continues to face...

JONATHAN ROLANDE: What a bar of chocolate can teach us about estate agency

I bought a bar of chocolate today, I shouldn’t have done it but the weather was grey and I was in need of a boost. On...

Home Buying and Selling Group launches logbook pilot

The Home Buying and Selling Group (HBSG) has arranged a new pilot scheme for a group of lawyers and conveyancers to improve the conveyancing part of...

US agency crosses the pond to target British buyers

A US real estate brokerage is heading to the UK, with plans to target those looking for a holiday home across the pond. Call It Closed International...

AML warning as hundreds of agents hit with HMRC fines

An anti-money laundering (AML) expert has queried why there is a reluctance among estate agents to accept and follow AML responsibilities. It comes as HMRC figures showed...

Mortgage lenders forecast rising supply and demand

Lenders are predicting a busy quarter for supply and demand of mortgages. The Bank of England’s latest Credit Conditions Survey showed lenders reported that availability of secured...

Agents Do Charity - awards season

A variety of charities have received support from the property industry this week. If there are charitable endeavours you think the rest of the industry should know...

The Property Franchise Group to rollout Coadjute partnership

The Property Franchise Group (TPFG) has been trialling property blockchain network Coadjute’s digital property data pack and smart forms and has now announced plans to rollout...

Jackson-Stops returns to Strutt & Parker

The great grandson of the founder of Jackson-Stops has returned to the sales side of the industry after running his own buying agency for almost five...

Online agent market share hits new low

The market share of online and hybrid agents has continued to decrease this year but self-employed agency is growing. Data from Twenty EA shows exchanges among the...

RICS: Buyer demand hits four-year high in time for spring

The property market appears to be benefiting from the much-hoped for spring bounce, according to the Royal Institution of Chartered Surveyors (RICS). Its latest UK Residential Survey...

Google-backed AI property search app launches in London

Artificial intelligence-powered property search app Jitty has gone live across central London as it accelerates its expansion across the UK. The app, founded by three former early-stage...

Trading Standards: Material information rules should be seen as positive

Material information requirements should be seen by agents as a positive change, a Trading Standards investigator has claimed. Speaking to The Guild of Property Professionals chief executive...

Average time to sell remains static despite regional variations - research

The average time it takes to sell a house from listing to completion has dropped by 0.7% in the past year, new research suggests. Analysis of property...

Latest Lomond deal boosts East Midlands presence

Lomond has announced its latest acquisition within the East Midlands, bolstering its John Shepherd brand following two recent acquisitions within the region.  Having previously acquired the Nottingham...

Agency earnings lagging other commission-based professions

Estate agent earnings remain behind other salary and incentive based professions despite helping with sales of such an expensive asset when it comes to property. Self-employed agency...

Land Registry urged to cut fees so agents can comply with material information rules

Propertymark has urged the Land Registry to provide more accessible and affordable services to its members.  Responding to a call for evidence on the Land Registry’s services...

Tyron Ash: Corporate agents are 'self-entitled'

High-end estate agent Tyron Ash has hit out at the “sense of entitlement” at corporate estate agencies who he said don’t give people a chance. Speaking on...

Alto unveils integration with messaging platform

Alto has announced a new integration with secure messaging platform Tappter. Existing Alto customers can get seamlessly set up with Tappter to use its WhatsApp, SMS, email...

Independent agent unveils local acquisition

East Sussex brand Oakfield Estate Agents has acquired independent local operator Rowland Gorringe. It will be taking over the company’s offices in Lewes, Uckfield and Heathfield immediately. All...

Savills names high-profile hire for global business

Savills has appointed industry specialist Victoria Garrett to the role of director of its global residential business, based in the firm’s London headquarters. She joins from Knight...

Guild members given new Ezine digital marketing tool

The Guild of Property Professionals has launched a new Ezine system to boost member marketing. Agents will be able to create digital magazines that are an enticing...

Mortgage rates rise but product choice hits record levels

Average mortgage rates have ticked up ahead of the typically busier spring home selling season but borrowers are at least benefiting from more product choice. Analysis from...

Propertymark proposes ‘infrastructure-first’ approach to housing supply

Propertymark has urged the UK Government to consider other ways of boosting the supply of homes for purchase.  The Government has two main aims: constructing more homes...

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