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New build sales stronger than rest of market - agency’s bold claim

An estate agency with a major new homes department claims new build sales are proving more resilient than the mainstream market. Leaders...

14 August 2023

From: Breaking News

Big rise in agents registered with HMRC but thousands more to come

Over 20,000 UK agency branches have now registered with HMRC for anti-money laundering supervision. A new analysis from risk management platform Thirdfort...

14 August 2023

From: Breaking News

Industry figure reaches halfway point in one million step challenge

Industry figure Michael Day has reached the halfway point of a one million step challenge he has embarked on to raise...

14 August 2023

From: Breaking News

Quitting landlords have missed top of the sales market says agency

Hamptons is warning landlords disillusioned with buy to let that they may have missed the top of the sales market -...

14 August 2023

From: Breaking News

Sharp rise in arrears and worse to come, mortgage lenders warn

There’s been a sharp rise in mortgage arrears as high interest rates have hit the housing market - and now there’s...

11 August 2023

From: Breaking News

Retail guru takes over at Savills as agency’s profits tumble

Retail queen Stacey Cartwright will succeed Nicholas Ferguson as chair of Savills from December 31 - but she inherits a company...

11 August 2023

From: Breaking News

At Ease! Agency wins award for being Forces-Friendly

Spicerhaart has received a Silver Award in the Ministry of Defence Employer Recognition Scheme which acknowledges the agency group’s commitment to...

11 August 2023

From: Breaking News

Property tax grab up 50% in two years - agency chief’s claim

Property taxes collected in Scotland have risen nearly 50 per cent in just two years according to analysis of the latest...

11 August 2023

From: Breaking News

Agency beefs up new homes division despite sector worries

London estate agency Chestertons has made another senior appointment for its growing New Homes division. Henry O’Neill, former New Homes Director at...

11 August 2023

From: Breaking News

“Visionary” agent gets glowing write up after signing new deal

Prominent industry figure Sean Newman has renewed his licence agreement with Fine & Country for five more years.  Newman has licenses in...

11 August 2023

From: Breaking News

Most buyers won’t read listings if they dislike photographs

New research from an estate agency attempts to quantify what most of the industry already knows - that prospective buyers won’t...

10 August 2023

From: Breaking News

New self-employed agency brand claims international success

A new self employed agency business that launched into the UK market last month claims its success elsewhere in the world...

10 August 2023

From: Breaking News

Housing Market Trouble Ahead - gloomy RICS predictions

The latest Royal Institution of Chartered Surveyors housing market snapshot shows the increasing damage being wrought by high interest rates. The RICS...

10 August 2023

From: Breaking News

Bleak outlook for new builds after report of 40 per cent sales slump

Alarm bells are ringing in the new build sales sector after figures have been released by a major house builder. Bellway says...

10 August 2023

From: Breaking News

Mortgage approval totals to fall sharply this year - forecast

It won’t come as a surprise that forecasts show mortgage approvals will fall this year. But a new analysis says the drop...

10 August 2023

From: Breaking News

Auction house market is booming – but for how long?

The size of the UK property auction house market hit the highest point in a decade in 2022, approaching half a...

10 August 2023

From: Breaking News

Conveyancers face ‘too many complaints’ about undertaking breaches

The Council for Licensed Conveyancers (CLC) has warned it is receiving “too many complaints” about breaches of undertakings by solicitors. The regulator...

09 August 2023

From: Breaking News

Agency speaks out on lack of LGBTQ+ accommodation

Knight Frank has spoken out over what it claims is a severe lack of appropriate accommodation being marketed exclusively to the...

09 August 2023

From: Breaking News

Not all doom and gloom - Market stats show encouraging signs

New data from respected consultancy TwentyEA showed that the market is proving unexpectedly resilient - and in the case of new...

09 August 2023

From: Breaking News

Upmarket agency unveils new southern licensee partnership

Two well-known Fine & Country licensees have partnered to boost their presence in the South West of England. Jonathan Handford and Sean...

09 August 2023

From: Breaking News

40 Not Out! Proof that estate agency is a people business

A well-known Yorkshire estate agent is celebrating 40 years working at the same firm - and he’s marking his involvement in...

09 August 2023

From: Breaking News

New strategic partnership aims to boost agency compliance

Client onboarding and verification tool LandmarkAgent has announce a strategic partnership with CRM provider Street.co.uk. The collaboration will enable agency users to...

09 August 2023

From: Breaking News

Warning To Agents - House price falls to continue into 2024

The Halifax is warning that house price falls will continue into 2024. It cautions that price drops will be “gradual, rather than...

08 August 2023

From: Breaking News

House price cuts hit their highest level for nine years

Price reductions have reached their highest level in at least nine years according to estate agency Hamptons.   Some 50 per cent of...

08 August 2023

From: Breaking News

Agents urged to show their value by raising fees

Agents are being urged to place more value on their work and to charge higher fees. Richard Palfreeman, advisor at training provider...

08 August 2023

From: Breaking News

Share Price plummets after agency group’s profits warning

The share price of LSL Property Services dropped around 16 per cent at one point yesterday following a profits warning given...

08 August 2023

From: Breaking News

OTM allows ads for agents’ mortgage and conveyancing partners

OnTheMarket has become the first major UK portal to allow agents to promote their own revenue generating partnerships on listing pages. Agents who...

08 August 2023

From: Breaking News

Sellers settling for “middle ground” still turn a profit - Propertymark

Propertymark says that sellers who strive to find a “middle ground” in today’s difficult market can still turn a healthy profit...

08 August 2023

From: Breaking News

Strike staff escape cuts as Purplebricks employees face restructure

Purplebricks staff are facing job cuts just months after the takeover by Strike. A spokesperson for Purplebricks has confirmed rumours that it...

07 August 2023

From: Breaking News

Mortgage rates drive buyers away from London property

Higher mortgage rates have replaced the 'race for space' as the primary reason for buying outside of London this year, research...

07 August 2023

From: Breaking News

Agency salaries revealed! Are you paid enough?

A new report highlights levels of agency pay across the property sector. The figures, from Rayner Personnel’s latest Property Sector Salary Report,...

07 August 2023

From: Breaking News

Jonathan Rolande: Persuasive agents will win in this market

In his latest column Jonathan Rolande explains why estate agents need to ditch selling techniques and brush up on persuasion to...

07 August 2023

From: Breaking News

Some self-employed agency models act like cults - claim

Self-employed models have a place in estate agency but there is a risk of some becoming ‘cultish,’ a senior industry figure...

07 August 2023

From: Breaking News

On your e-bike! Chestertons partners with sustainable cycling scheme

Chestertons has become the first corporate partner to sign up to London e-bike operator Forest’s employee scheme in an effort to...

07 August 2023

From: Breaking News

Keller Williams UK replaces chief executive in latest restructure

Keller Williams UK (KWUK) is set to change its chief executive in the latest restructure of the self-employed agency brand. Ben Taylor...

04 August 2023

From: Breaking News

Have Bank of England rate hikes peaked?

Agents and property professionals have expressed hopes that rates have peaked after latest rise Iin the cost of borrowing. The Bank of...

04 August 2023

From: Breaking News

Agents Do Charity - fundraising in the rain

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

04 August 2023

From: Breaking News

Cash and needs-based buyers driving prime markets - Savills

Cash purchasers, younger needs-based buyers and relocators are the driving force behind the current prime UK property market, according to research...

04 August 2023

From: Breaking News

Rightmove and Propertymark partner to boost agent data and training

Rightmove and Propertymark have unveiled a two-year partnership to provide agents with the latest local market data and easier access to...

04 August 2023

From: Breaking News

PropTech Today - Are open APIs the gateway to mass opportunities?

Whether you realise it or not, APIs have helped make your day possible.  Reflect on everything you’ve done today online. On your...

04 August 2023

From: Breaking News

Belvoir trading update: Lettings income offsets sales slump

Belvoir has reported revenue growth for the first half of 2023 despite “challenging market conditions,” with its lettings performance offsetting lower...

04 August 2023

From: Breaking News

TPO: Agents must be wary of appraisal and offer complaints 

Estate agents have been urged to be wary of complaints around market appraisals and the handling of offers. The latest annual review...

03 August 2023

From: Breaking News

How far will interest rates rise today?

Agents and property professionals will be keeping an eye on Threadneedle Street in London today, with the Bank of England expecting...

03 August 2023

From: Breaking News

Industry executive queries focus of new digital property group

The chairman of the Residential Logbook Association (RLBA) has queried the relevance of a new Government-backed property group focused on digital...

03 August 2023

From: Breaking News

TPFG maintains positive outlook despite sales slump

The Property Franchise Group (TPFG) has said its multiple income streams will help it navigate the uncertain markets after it revealed...

03 August 2023

From: Breaking News

OnTheMarket aims to ‘demystify home moving’ with consumer podcast

OnTheMarket is to launch a six-part podcast series aimed at demystifying the home moving process for less experienced property seekers. It comes...

03 August 2023

From: Breaking News

Phil Spencer: It's the age of the older customer

We all want more transactions - the Holy Grail when it comes to agencies’ bottom lines - but an interesting aspect...

03 August 2023

From: Breaking News

House prices falling at fastest rate since 2009

House prices dipped at their fastest rate since 2009 last month, new data shows. The latest Nationwide House Price Index revealed average...

02 August 2023

From: Breaking News

Industry trainer: Why AI isn’t advanced enough (yet) to train agents

The technology behind artificial intelligence (AI) isn’t currently advanced enough to fully overhaul estate agency training, an industry executive claims. Charlotte Jeffrey-Campbell,...

02 August 2023

From: Breaking News

Sellers risk losing home sales due to nightmare neighbours – research

The majority of buyers would offer less for a property or even pull-out of a transaction if they discovered a nightmare...

02 August 2023

From: Breaking News

Property Webmasters plans international partnerships

Property Webmasters is seeking international expansion that it says will further support its UK growth. The estate agency website and marketing provider...

02 August 2023

From: Breaking News

Document reviews don’t stop at AML checks, agents warned

Agents are being urged to increase their efforts when it comes to checking documents to avoid potential claims. Paul Offley, compliance officer...

02 August 2023

From: Breaking News

Rightmove launches new tool to track training progress

Rightmove has launched a new tool to help agencies manage their training with the portal. The new tool ‘Teams View’ is available...

02 August 2023

From: Breaking News

Open letter accuses OnTheMarket of ‘misleading shareholders’

OnTheMarket critic Brett Stone has issued a second open letter to shareholders of the portal, accusing it of “irresponsibly diluting shareholders”...

01 August 2023

From: Breaking News

Agents ‘unsatisfied’ with three main property portals – research

More than one in four estate agents are unsatisfied with the property portals that they use, according to a new survey. An...

01 August 2023

From: Breaking News

Mortgage approvals rise but buyers remain cautious

The number of mortgage approvals edged up for a second month in a row during June but remains below 2022’s monthly...

01 August 2023

From: Breaking News

Agents warned to tread carefully on Court of Protection sales

Agents are being urged to take extra care when dealing with sales on behalf of someone who lacks mental capacity. Kate Stockdale,...

01 August 2023

From: Breaking News

Portal proptech aims to expand mortgage network

Proptech company OneDome’s mortgage advisory firm CMME is launching a new scheme exclusively designed for self-employed mortgage advisers. The brand wants to...

01 August 2023

From: Breaking News

Landlords offered alternative to selling-up amid market clampdown

Landlords considering selling up are being urged to lease their homes to a trust catering for homeless people instead. With fears that...

01 August 2023

From: Breaking News

HMRC: June property sales hit three-year low

HMRC has recorded the lowest level of UK property sales for the month of June since 2020. The latest property transaction data...

31 July 2023

From: Breaking News

Propertymark: ‘House price drops were inevitable’

Cooling house prices are providing an opportunity for buyers even with higher borrowing costs, Propertymark claims. The agency trade body said it...

31 July 2023

From: Breaking News

Is Rightmove driving towards acquisitions?

Rightmove’s half-year results were backed by analysts last week and even prompted speculation that it could be on the acquisition trail. Its...

31 July 2023

From: Breaking News

Jonathan Rolande: Are 40-year mortgages really the answer to the property crisis?

The National Association of Property Buyers’ Jonathan Rolande gives his latest take on the property market. Having just got back from holiday, I am...

31 July 2023

From: Breaking News

Agency brand launches leadership scheme

Lomond has launched a new leadership development programme. Working with coaching brand FranklinCovey, the scheme aims to develop the finest leadership talent...

31 July 2023

From: Breaking News

TwentyCi: Housing market remains ‘remarkably resilient’

The property market remains ‘resilient’ with more listings and homes going under, according to the latest TwentyCi data. It comes as figures...

31 July 2023

From: Breaking News

Agency spend helps push Rightmove revenues to five-year high

Rightmove has posted its highest half-year revenue growth for five-years, helped by increased agency investment in the portal’s tools. A half-year update...

28 July 2023

From: Breaking News

More agency listings are going green but further work is needed – Rightmove 

Increasing numbers of agent listings are highlighting green features as key selling points, Rightmove claims. It comes as the portal call for...

28 July 2023

From: Breaking News

Only top 10% of English earners can afford average home in under five years - ONS

Only the top 10% of income earners can afford an average house with less than five years of income in England,...

28 July 2023

From: Breaking News

Mortgage rates are dropping but for how long?

Average mortgage rates have dropped slightly, providing possible respite for homebuyers. The latest Moneyfacts data shows the average two-year fixed mortgage rate...

28 July 2023

From: Breaking News

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

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