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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

Lawyers and lack of material information blamed for property exchange delays

Extra paperwork, poorly-resourced solicitors and a lack of upfront material information have all been cited as factors contributing to delays in property transactions. It comes as research...

LonRes: ‘Summer slowdown started earlier this year’

The General Election sparked an early summer slowdown for London’s prime housing market, research suggests. Analysis of the prime London housing market by LonRes shows how market...

Agents Do Charity - charitable goals

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...

Alto agents given free access to Movemnt

Agency software provider Alto has integrated with fellow Houseful brand Movemnt, giving users access to the property transaction progression platform. Alto agents can access Movemnt via the...

Agency launches with ‘Exchange Ready’ concept

A new estate agency dedicated to improving the house moving process has launched in the Gloucestershire and Worcestershire areas. Founded by James Quinn and Andrew Ord, ‘Canopy’...

RICS: 'Sales expectations rise with General Election out the way'

Sentiment about sales volumes among surveyors and estate agents is at its most upbeat level for more than two years and may improve with the election...

Major agency brand marks busiest Q2 since 2018

Connells has experienced its busiest second quarter for instructions in six years. The UK’s largest agency brand has reported a 15% increase in market appraisals during the...

Law Society unveils consultation on controversial TA6 form

The Law Society has launched a consultation for conveyancers and legal groups on how its latest TA6 property information form should be structured. The 5th edition of...

Agents submit more suspicious activity reports

Estate agents submitted 30% more Suspicious Activity Reports (SARs) and Defence Against Money Laundering (DAML) SARs last year, research suggests. Analysis by Thirdfort has found the total...

Propertymark webinar to address new political landscape for housing

Propertymark is holding a webinar today covering the likely impact of the General Election on the housing market. Timothy Douglas, head of policy and campaigns at Propertymark,...

Winkworth: ‘General Election only hit high-end properties’

The General Election had a “less dramatic” impact on the property market than in previous years except for at the high-end of the sector, according to...

LSL boss reveals what’s next for franchised agents

Attention is turning to acquisitions and growth among LSL’s newly-franchised brands. It has been a year since LSL Property Services announced that its agency brands including Your...

PropTech Today: Addressing the housing crisis through technology

Under the strain of a housing crisis, the UK faces a severe shortage of affordable homes. This is further emphasised by an increasing number of households...

Housing Secretary drops “levelling up gimmick”

The Government has dropped the previous Tory Party’s levelling up slogan. Deputy Prime Minister and Housing Secretary Angela Rayner confirmed the move yesterday, revealing a new name...

Regional agent going strong after launching during pandemic

An agency setup during the pandemic is celebrating four successful years in business. Worthing-based James & James opened its doors on 1 July 2020 by two agents...

Latest Lomond deal set to boost southern presence

Lomond announced its second acquisition this week, boosting its presence in the South of England.  The deal will see Lomond acquire the estate agency and lettings arms...

Fintech firm launches live EPC feeds for mortgage lenders

Fintech firm CLSQ has launched a tool to give mortgage lenders access to real-time Energy Performance Certificate (EPC) data. The product, called LiveEPC – lets lenders to...

Date set for Law Society no-confidence vote over material information

A date has been set for a vote of no confidence in the Law Society amid furore over its stance on material information rules. The Property Lawyers...

Chancellor restores housebuilding targets

New Chancellor Rachel Reeves has used her first speech to reinstate housebuilding targets and pledge to build one and a half million homes over the next...

Hunters customer completes first digital TA6 form

A customer from The Property Franchise Group (TPFG)- brand Hunters Estate Agency this week completed the first Law Society licensed Digital TA6 via blockchain proptech network...

Savills veteran launches luxury agency to ‘modernise’ the industry

Former senior Savills director Trevor Kearney has unveiled his own luxury agency venture called The Private Office: Real Estate, aiming to overhaul ‘outdated’ agency commission structures He...

Agency acquirer expands further into the Midlands

Lomond has expanded further into the East Midlands with its 58th acquisition. The brand has acquired Acquire Sales and Lettings, an agent with a presence in Derby,...

Low deposit mortgage choice hits two-year high

The number of low deposit mortgage deals has reached a two-year high. Data from comparison website Moneyfacts shows the availability of deals at the 95% loan-to-value (LTV)...

Labour Government needs 'less chopping and changing' on housing

Property professionals have called for cross-party support and stability when it comes to housing policy under the new Labour Government after the new Cabinet and ministerial...

Halifax: UK house prices missed spring bounce

A lack of supply and mortgage affordability remains a challenge for buyers as average house prices dipped slightly on a monthly basis in June, Halifax data...

JONATHAN ROLANDE: Starmer’s golden opportunity

So, now we know. After weeks of reports predicting a Labour landslide, Keir Starmer is indeed unpacking his boxes and settling into life at Number 10.   The fact...

Scottish homeowners unaware of energy requirements - warning

Homeowners in ESPC’s core territories (Edinburgh, the Lothians, Fife and the Borders) are not aware of the full extent of the Scottish Government’s expectations when it...

North East agent receives investment for growth

My Property Box – a North East-headquartered residential estate agency – has received a multi-million pound investment from BGF, one of the largest and most experienced...

‘Top performing’ eXp agent joins Moveli

A former eXp UK agent, described as a top performer, has joined upmarket self-employed rival Moveli. Jason Scott, who has also previously worked in senior roles for...

What the new Labour Government means for the property market

Labour leader Sir Keir Starmer will have the removal vans booked this morning after the General Election result. Sir Keir is set to move into Number 10...

Conveyancers are ‘sloppy’ on post-completion work - warning

Conveyancers are failing to do post-completion work properly and promptly, an industry regulator has warned. The Council for Licensed Conveyancers (CLC) has outlined its growing concern that...

Energy assessors: EPCs will become more accurate

Energy assessor trade body the Property Energy Professionals Association has hit back at claims about the accuracy of work by professionals in its sector. It comes after...

Proptech firm enters agency CRM space

Proptech firm iamproperty has launched a CRM for estate agents. A dedicated data migration and onboarding team is in place to make the transition from agents’ existing...

Buyers keen to go green but costs remain prohibitive - research

Homebuyers plan to make their homes more energy efficient in the hope of securing more favourable mortgage deals and boosting their property’s future sale price, research...

Agents Do Charity - exceeding expectations

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...

General Election day! What the outcome could mean for the property market

The nation heads to the polls today to help choose the next Government. Housing hasn’t been a main feature and most of the main property policies are...

Revealed! The nation’s cash buyer hotspots

New research has revealed the areas where sellers have the best chance of finding a cash buyer. Analysis by My Home Conveyancing over the past 12 months...

Agents urged to prepare for post-election spike in calls

Agents are being urged to prepare for a surge in enquiries following the General Election this week Many agents have reported that the market has slowed in...

Chestertons names new homes boss

Chestertons has confirmed Watson Briggs as the new department head for its busy New Homes division. The promotion to new homes director comes just under two years...

Industry veteran joins LonRes board

Lomond chief revenue officer John Ennis has joined the LonRes board as a non-executive director.  Ennis began his property career at Foxtons where he helped grow the...

Fine & Country expands Algarve footprint

Fine & Country Algarve has opened a new office in Albufeira.  This expansion boosts the upmarket agency brand’s presence across the Algarve region. Fine & Country Algarve anticipates...

Savills: ‘Prime price growth on pause due to General Election uncertainty’

Price growth has been put on hold at the top of the market during the second quarter of 2024 given uncertainty surrounding the General Election, according...

Propertymark: ‘Buyers are waiting for election and interest rate movements'

Agency sales supply and demand dipped in May as buyers and sellers await the election outcome, Propertymark members claim. The agency trade body’s latest Housing Insight Report...

Northern cities dominate top property sales hotspots - research

Bradford has maintained its position as the leading hotspot in the country for the second consecutive quarter, according to OnTheMarket data. The portal’s Hotspots Index for the...

Agents urged to take advantage of new MPs in 'listening mode'

An industry expert has called on agents to actively lobby new MPs to influence housing policy – whoever wins the election. Neil Cobbold, commercial director of Reapit|PayProp,...

Buyer demand rising amid hopes of rate cuts – research

Buyer demand levels climbed significantly between the first and second quarters of this year, research suggests. GetAgent’s Hotspots Demand Index monitors quarterly homebuyer demand across England based...

BestAgent boss launches 50-hour pre-election housing debate

Industry commentator Charlie Lamdin has launched a 50-hour live stream to help voters concerned about housing decide how to vote in this week’s General Election. Lamdin, founder...

General Election: UK voters shifting from Tories to Labour on housing

The Conservatives are set to lose nearly half of homeowner votes on Thursday, latest polling from national estate agency Jackson-Stops reveals.  In 2019’s General Election, homeowners accounted...

Gazundering on the rise in buyers' market - warning

More than three quarters of home buyers are ‘gazundering’—or ‘price chipping’—to reduce the agreed sale price of properties at the last minute, a leading property lawyer...

Nationwide: 'Affordability issues weighed on Spring property market'

High mortgage rates continued to weigh on the housing market in June, leaving house price growth relatively flat. Nationwide’s latest House Price Index showed UK house prices...

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