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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...

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,...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

Connells Group becomes first estate agency to be NHQB accredited supplier

Connells Group has become the first estate agency brand to be named an accredited supplier by the New Homes Quality Board (NHQB), a non-profit organisation dedicated...

Seymours signs up to OnTheMarket

OnTheMarket has signed a listings agreement with independent agency brand Seymours. The South East England focused 20-branch estate agency network primarily operates in Surrey, with an additional...

Hamptons veteran joins Strutt & Parker

Strutt & Parker has appointed Kraig Butler as director and head of residential saes in the consultancy’s Gerrards Cross office. It comes after he spent 24 years...

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...

Prime buyers ‘hesitating’ until rates drop

A lack of urgency among buyers is hitting the higher value property markets, new research suggests. Analysis of prime London activity by Knight Frank says buyers are...

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...

New chief executive appointed at eXp Realty

US agency broker brand eXp Realty has promoted Leo Pareja to chief executive. Pareja was previously chief strategy officer and will replace Glenn Sanford, who will now...

New owner named for Surrey branch of Martin & Co

Property and finance professional Alan Lai has been confirmed as the new owner of Martin & Co’s branches in Caterham and Redhill & Reigate. A portfolio landlord...

Principal partner named for ESTAS Awards

Landmark Information Group has been named as a principal partner for this year’s ESTAS Awards held in October. As part of this deal, Landmark will sponsor and...

Halifax: House prices drop on a monthly basis for first time since September 2023

Average house prices fell on a monthly basis for the first time since September 2023 during March as higher mortgage rates weighed on the property market,...

JONATHAN ROLANDE: We don’t need rising prices but we do need stability

Zoopla’s property announcement last week was welcome reading for many of us feeling a bit beleaguered by seller over-expectation, buyer lethargy and the gloom and doom...

Moverly integrates with Alto on material information tools

Proptech firm Moverly has partnered with Zoopla-backed Alto to intergrate its material information tools into the CRM. Upfront information platform Moverly said its tools will help agents...

Agents Do Charity - some cracking charitable endeavours

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...

Buyer confidence hits two-year high despite General Election - research

The majority of buyers and sellers in the prime housing market will not be deterred by the upcoming General Election, according to the latest research by...

Fall-through costs set to rise after slower 2023 – warning

Fall-throughs are costing home sellers an estimated £909m a year, according to new analysis. Upfront information provider Home Sale Pack has analysed residential fall-through data from TwentyCI...

GetAgent: Buyer demand is rising

Buyer demand has continued to climb during the first quarter (Q1) of the year, research suggests. Analysis by agency comparison website GetAgent suggests that buyer demand was...

Rightmove reveals pre-Easter surge in listings

New data suggests Thursday 28 March was the biggest day for the number of new sellers coming to market so far this year.   Property portal Rightmove...

Savills strengthens Hertfordshire sales team

Savills has strengthened its residential sales team in Hertfordshire with the appointment of a new director to lead its Rickmansworth office. Steven Spencer has more than 25...

Voice of the Agent survey set for release

The latest Voice of the Agent industry survey is set for release on 15 April. Marketing firm We Are Unchained surveyed 841 property professionals on the current...

Propertymark: Demand slowed in February but agents are getting busier

Sales agreed among Propertymark members hit a four-month high in February but the agency trade body has warned of a quieter period in the run up...

Connells Group boosts affordable housing offering

Connells Group has boosted its affordable housing offering after appoint Roy Hind as a director. Hind has been named affordable housing director for the brand, bringing more...

Agency trade body launches decision-making webinar

Propertymark is hosting a webinar titled ‘Navigating Everyday Decisions for Better Outcomes’, designed to help agents improve their decision-making. The webinar will be led by Holly Marshall,...

Law Society faces backlash over material information forms

The Law Society is facing backlash from conveyancers after issuing new property information reforms that take account of Trading Standards’ material information requirements. The new TA6 form...

PropTech Today - Working together means being 'open' for business

Whether we’re selling properties, managing buildings, servicing heavy goods vehicles or flogging widgets, we’re all operating in a digital world. This is a world in which ‘this...

New BASPI form launches with update information requests

Trade and representative bodies representing the legal, surveying, estate agency and property management sectors have launched the fifth iteration of the BASPI – Buyer’s and Seller’s...

Regional agent unveils rebrand

A well-known Surrey estate agent has rebranded. Burns & Webber is rebranding to adopt its parent company’s name Curchods. The four Burns & Webber offices in Farnham, Cranleigh,...

Omaze house prize draw presenter joins By Design

A luxury real estate broker and presenter for house prize draw competition Omaze is joining premium agency brand By Design, operating in central London. Freya Melling has experience...

Proptech firm secures £10m of strategic investment

Property blockchain network Coadjute has secured a £10m investment from Lloyds Banking Group, Nationwide, Natwest, and Rightmove.  This is the first time that three of the UK’s...

Mortgage approvals hit 17-month high

Mortgage approvals rose for the sixth consecutive month in February and are at the highest level since September 2022, Bank of England data shows. The latest figures...

Blip or trend? House prices fell in March

House prices dipped on a monthly basis during March but annual growth improved, Nationwide data shows. The latest Nationwide House Price Index recorded a 0.2% monthly dip...

Homebuilding targets needed as supply slides - warning

A senior agency industry figure has criticised the lack of homebuilding targets after the latest Government data showed a drop in supply. Official figures show that between...

Property sales rise as agents prepare for spring market

Estate agents are hopeful for a busy spring market after official data showed a small rise in property sales in recent months. HMRC property transaction data for...

Lomond secures high-profile residential development hire

Agency acquirer Lomond has recruited Tony Haran as its new head of residential development. He brings experience from both Knight Frank and the CBRE but more recently...

Former upmarket agency boss to boost staging firm’s marketing

Former global chief executive of Fine & Country Simon Leadbetter has joined home staging firm Lemon and Lime Interiors as fractional chief marketing officer as part...

Share of first-time buyer sales hits record high

The share of homes purchased by first-time buyers so far this year has been pushed to record levels, but most are going for smaller homes. Research by...

Savills: PCL prices have stopped falling

Prime central London (PCL) property values flattened out during the first quarter of 2024 after six consecutive quarterly falls, figures suggest. Analysts by agency brand Savills suggests...

JONATHAN ROLANDE: Buying and selling is too stressful – here is how agents can ease the burden

Lots of things change in the property sector - but one thing always seems to stay the same. For buyers and sellers, the process is incredibly stressful. And,...

Douglas & Gordon administrator waiting on HMRC for preferential payouts

Agency staff owed money from the collapse of Douglas & Gordon last year will be repaid, the brand’s administrator has said, but it is waiting for...

Zoopla: Asking price discounts narrow as market mood improves

Asking price discounts have hit their lowest levels since last summer as market activity improves across the board, Zoopla claims. The portal’s latest House Price Index found...

Rightmove: Time on the market hits five-year high

Time on the market for property listings has hit a five-year high, according to Rightmove. Data from the portal shows it is currently taking 71 days on...

A game changer? Yorkshire Building Society launches 99% loan-to-value mortgage for first-time buyers

The Government may have backtracked on plans for 100% loan-to-value (LTV) mortgages but Yorkshire Building Society has come up with its own support scheme for first-time...

Agents Do Charity - an 'egg-cellent' week for fundraising

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...

Zoopla secures new long-term deal with Dexters

Zoopla has sealed a new long-term contract with London estate agent Dexters, which encompasses 156 offices across the capital.  The the agency will use Zoopla’s Valuation Booster...

MPs launch inquiry into home buying and selling process

MPs have launched an inquiry on improving the home buying and selling process in England. The Levelling Up, Housing and Communities (LUHC) Committee announced yesterday that it would...

High mortgage rates close gap between buying and renting costs - Halifax

The gap between the costs of home ownership and renting has reached its smallest level since 2019, according to the latest Halifax Owning vs Renting Review. The...

Agency software provider launches embedded Property Information Questionnaires

Estate agency software provider Street.co.uk has launched a fully automated and integrated Property Information Questionnaire (PIQs)  that can be accessed directly within its platform. It claims this...

Spicerhaart honours top-performing agents

Spicerhaart's top performers have been honoured at an awards ceremony showcasing the agency brand’s culture. The 2024 Elevate Awards were hosted by comedian and former Britain’s Got...

'Paying more for less' – report reveals state of UK housing

The UK’s housing stock offers the worst value for money of any advanced economy, new research suggests. Analysis by the Resolution Foundation suggests that while the UK...

Guild honours top agents at Sharing Success conference

The Guild of Property Professionals honoured its top agents last week. The network held its annual conference and awards at the QEII Centre in Westminster, London. Under the...

Housing affordability ratio remains high but are second steppers worse-off?

Housing affordability ratios have fallen back to pre-pandemic levels but remain high, Office for National Statistics (ONS) data shows. The latest figures from the ONS show that...

Vendors warned to not risk waiting for General Election to list their homes

Waiting for a General Election is risky for sellers after the so-called Boris bounce in the property market failed to deliver after the previous national poll,...

Ground rent reform set for scrapheap - reports

Plans to set ground rents at a ‘peppercorn rate’ are reported to have been dropped amid opposition from freehold campaigners and pension funds. The Sunday Times reported...


JONATHAN ROLANDE: Five things to remember when using AI in the property sector


Everyone seems to be talking about artificial intelligence (AI) right now. It is an issue which has been bubbling under since Covid - but AI is now a...

OnTheMarket surpasses 15,000 advertisers

OnTheMarket (OTM) has surpassed 15,000 advertisers for the first time in its history. The milestone comes in the first 60 days since the portal was acquired by...

Century 21 opens global listings site to UK estate agents

UK-based estate agencies are being given the opportunity to list their properties on Century 21 Global, the brand’s global listings site. This new offering is driven in...

Lord Best: ROPA reforms won't break the bank for agents

Further estate agency regulation won’t be too expensive for the industry, Lord Best has said. Lord Best, who led the Regulation of Property Agents (ROPA) working group,...

Revealed! The property hotspots for London leavers

Epsom and Ewell, Epping Forest and Dartford have been named as the top London leaver hotspots as buyers continue to move away from the high prices...

Julie James returns as Welsh Housing Minister

Propertymark has welcomed the reappointment of Julie James as the new Welsh Housing Minister. Timothy Douglas, head of policy and campaigns at Propertymark, said the agency trade...

Olympic champion and business guru to speak at eXp conference

Olympic gold medallist Victoria Pendleton and Dragon’s Den investor Steven Bartlett are the latest speakers scheduled to appear at this summer’s eXp conference. Taking place on 2nd...

Safety warning issued after female agents suffer phone harassment

A safety alert has been issued after several female agents warned of being harassed on phone calls. The Women In Estate Agency (WIEA) group has raised concern...

Government urged to stop ‘sitting on its hands’ over agency regulations

The architect of the Regulation of Property Agents (ROPA) reforms has expressed frustration that the recommendations have failed to materialise as they approach their fifth anniversary. Lord...

Interest rates remain frozen – what does it mean for agent activity?

Interest rates were held for the fifth consecutive time after the latest Bank of England Monetary Policy Committee (MPC) meeting yesterday. The cost of borrowing has now...

Agents Do Charity - reaching for the sky

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...

Material information rules set to cost sellers ‘hundreds of pounds’ - warning

Vendors could end up spending hundreds of pounds more when selling their home due to Trading Standards material information rules guidance, a conveyancing solicitor has warned. The...

Rightmove: Detached properties are leading rise in home sales

The number of sales agreed is on the rise and the Somerset town of Chard has become a new hotspot, Rightmove claims. Figures from the portal show...

Land Registry HPI: Annual house price declines star to slow

Annual house price declines slowed in January and values returned to growth on a monthly basis, Land Registry data shows. The latest Land Registry House Price Index...

‘Ideal time’ for interest rate cut as inflation slows - claim

Inflation has hit a new two-year low as the cost of living measure slowed to 3.4% in February. The figure is down from 4% in January, helped...

Agents failing to do AML checks on business contacts - warning

Regulated firms, particularly estate agents, who take on new business clients are leaving themselves exposed to serious red flags by not completing critical verification checks, new...

Property portal unveils AI assistant to help homebuyers

Northern Ireland property portal Propertynews.com has launched a bespoke artificial intelligence assistant to improve the homebuying process for both buyers and agents. The AI assistant, known as...

Martin & Co branches move to new ownership

Two of national sales and lettings agency Martin & Co’s Oxfordshire branches are under new ownership. Experienced international property professional David Rebe has taken on the Oxford...

EweMove partners with View Agents

Kerfuffle-owned View Agents has launched a new partnership with EweMove. Ewemove agents will be able to use the reviews platform to highlight their customer service. Nick Neill, managing...

PropTech Today - Spring clean to avoid 'malicious hacks'

SPRING cleaning is an annual ritual for many households, but firms in the property sector would do well to spend some time sprucing up their security too. A...

Think tank calls for Oz-inspired housing ‘sin taxes’

The UK Government should make better use of property taxes to deter foreign buyers, boost property supply and raise tax revenue, a thinktank claims. In a report,...

Buyer demand rises as sellers become ‘more realistic’ - research

Buyer demand shot up in February, helped by a surge in ‘realistically priced’ property supply, research suggests. Data from TwentyEA shows the number of listings marked as...

Newborns face paying £500,000 for homes when they hit first-time buyer age

A baby born today will need to earn £95,121 to get on the property ladder, research suggests. The analysis forecasts that the average first-time buyer house price...

Material information raises professional indemnity risks - warning

The increased focus on upfront material information could push up estate agency professional indemnity (PI) requirements, an industry trainer has warned. Michael Day of Integra Property Services...

Price expectation gap risks widening – claim

The gap between the price a seller wants and what a buyer is willing to pay is at risk of widening, Knight Frank has warned. Tom Bill,...

Prime London sold prices hit decade low but agents ‘remain busy’ - research

Average sold prices in prime London have returned to 2014 levels, research suggests. The latest market data from LonRes shows the prime London sales market recorded both...

Upmarket agency launches second radio ad campaign

Fine & Country has launched its second radio advert campaign.  The premium estate agent’s latest adverts will focus on its ‘Dare To Be Iconic’ marketing slogan.  Radio adverts...

Government orders London Mayor to build more homes

The Government has taken the unusual step of intervening in the London Plan to boost housebuilding in the capital.   Housing Secretary Michael Gove has criticised Mayor of...

Downsizing incentives needed as homeowners stay put for longer - research

Homeowners, particularly those in larger homes are staying put for longer, research shows. Analysis of Land Registry data between 2019 and 2022 by quick-buy firm Spring and...

Knight Frank wins customer service award

The UK Residential division of agency and property brand Knight Frank has won the ‘Best Customer Satisfaction Strategy Award’ at the UK Customer Satisfaction Awards 2024. Last Tuesday, Knight...

Spring Budget missed the mark, estate agents claim

The Spring Budget missed the mark when it comes to boosting current market conditions, agents have claimed. A survey of 833 UK property professionals, commissioned by agency...

Estate agency complaints and payouts on the rise

Agents faced more complaints and paid out higher levels of redress last year, industry data shows. Annual figures from the Property Redress Scheme (PRS) show complaint enquiries...

Seller sentiment improves – OnTheMarket

Seller confidence has improved in anticipation of the traditionally busier Spring market and interest rate cuts in the months ahead, research suggests. OnTheMarket’s latest Property Sentiment Index...

Propertymark welcomes new First Minister for Wales

Propertymark has welcomed the appointment of the new leader of Welsh Labour and subsequently First Minister for Wales Vaughan Gething. The agency trade body has urged him...

Best places to live revealed! Is your patch on the list?

North Berwick in East Lothian, has been named the best place to live in the annual Sunday Times Best Places to Live guide.  The Scottish seaside town tops...

Rightmove: Asking prices hit 10-month high but market remains sensitive

Average asking prices have increased at their highest rate for 10 months during March but the property market remains sensitive, Rightmove suggests. The latest House Price Index...

AI-powered portal continues UK rollout

Artificial intelligence (AI)-powered property portal Jitty has now expanded to Bristol and the surrounding areas. The app said it clocked over 3,000 users across Bath in just...

Jonathan Rolande: Times to ask serious questions about the UK's social housing crisis

Last week the Government published new housing data which has largely gone unreported.  The vacuum was probably linked to the Budget, and the fact journalists have been...

Savills: Property market appears to be past “peak uncertainty”

Savills has claimed most of the property markets It operates in are past “peak uncertainty” after posting lower revenues and profits for 2023. The agency and property...

Agents Do Charity - strong support

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...

First-time buyers face six-year savings wait - research

Single first-time buyers need to save for almost 6.5 years or 76 months to raise a 10% deposit and cover moving costs including conveyancing, surveying and...

Auction firms merge to boost estate agent services

My Auction has merged with Bamboo Auctions to form one of the largest online auction providers in the UK. Rocket Auctions, a newly formed subsidiary of the Bamboo...

Major mortgage lender reduces upper age limit

One of the UK’s largest mortgage lenders has reduced its upper age limit in a blow for home buyers . Halifax is imposing a new 70-year age...

Investigation launched into snagging rights

The Residential Property Surveyors Association (RPSA) has announced an investigation to uncover the tensions between developers and surveyors on snagging. The trade body has warned that too...

Competition watchdog frees 500 households from doubling ground rents

The Competition and Markets Authority (CMA) has secured agreements from eight freeholders to remove “problematic ground rent” terms from leases. The competition watchdog said this would help...

The ValPal Network marks a decade of lead generation

The ValPal Network (TVPN) is celebrating generating 8.7m leads for agents in a decade of business. It comes as TVPN said it has noticed a percentage of...

Well-known agent joins eXp brand

Simon Bradbury has returned to estate agency with self-employed brand eXp. Bradbury, who quit as managing director of Thomas Morris in January, has announced that he will...

RICS: Agency stock has hit a three-year high but short-term price falls remain likely

Estate agency stock has hit the highest level since February 2021, new figures from the Royal Institution of Chartered Surveyors (RICS) has revealed. The latest RICS Residential...

Major house builder warns of subdued property market

Property market conditions in the new-build sector are likely to remain subdued this year. Persimmon has claimed. An outlook in the house builder’s annual report warned that...

Councils granted extra powers in empty homes clampdown

The Government has given local authorities powers to double the council tax charged on long-term empty homes after 12 months. The time period is up from one...

The Evolution of Estate Agency Software: Transactions down, profit margins up

In this latest article from the team at Iceberg Digital, they discuss the evolution of  Estate Agency Software. For a long time, UK estate agencies have...

Homebuyers facing more mortgage choice but shorter shelf life

The mortgage price war appears to have eased and the shelf life on home loans has hit a six-month low, Moneyfacts data shows. Figures from the comparison...

Women in Estate Agency hails successful conference

The Women in Estate Agency (WiEA) committee hosted its highly anticipated second annual conference last week. Held at The IET, Savoy Place in London, the event attracted...

Fine & Country honours top performers

Forget the Oscars, the biggest even in town last week was the Fine & Country International Annual Conference and Awards Gala. The agency network honoured its top...

Hamptons executive returns to lead new department 

Hamptons has launched a residential investment department led by Ashley Mason, who has returned to the brand after 12 years. Mason will be responsible for providing the...

Rettie agrees listings deal with OnTheMarket

OnTheMarket (OTM) has signed a listing agreement with Rettie, one of the UK's largest independent property services firms operating in Scotland and the North of England. It...

‘Legal liability’ concerns raised over Propertymark questionnaire

The Law Society is exploring concerns that Propertymark's Property Information Questionnaire (PIQ) puts agents at risk of legal issues, Estate Agent Today has learned. Propertymark launched its...

Knight Frank: Prime London market has made ‘hesitant’ start to 2024

The prime London sales market has made a hesitant start to 2024, Knight Frank has said. Despite the agent and property brand revising its house price expectations...

UK’s largest mortgage lender vows to help speed-up home sales

Lloyds Banking Group (LBG) has become the latest member of the Open Property Data Association (OPDA), committing to help speed up and simplify the homebuying process...

Hunters franchisee marks 'easy' first acquisition

Hunters franchisee Lester Hurst has bolstered his branch’s managed portfolio with a maiden independent acquisition. Lester, who has owned the Otley and Ilkley branches of Hunters since...

Alto reveals ViewMyChain integration

Alto has unveiled its latest integration with sales progression tool ViewMyChain. The partnership means agents using Alto’s software will get direct access to ViewMyChain’s tools, hopefully to...

Consumers ‘unaware’ about the role of a conveyancer - research

Only two out of five UK adults are aware of what conveyancing is, while the number for those who are already homeowners is still only just...

GoTo Group announced as key partner for agent network

Home-moving platform the GoTo Group has been announced as a key partner of the Relocation Agent Network (RAN). RAN agents will gain access to a variety of...

OneDome adds surveying to HomeBuyer Service product

OneDome is expanding its flagship product HomeBuyer Service to include surveying.  The property platform said it now provides a full suite of services to homebuyers—including mortgages, conveyancing,...

TPFG boss: The Belvoir deal was 'inevitable'

The landmark deal between The Property Franchise Group (TPFG) and Belvoir was ‘inevitable’ and more acquisitions could be on the card, Gareth Samples has said. Speaking exclusively...

Jonathan Rolande: A Budget that could see the Chancellor moving out of Number 11

When the Chancellor stood up to deliver the Spring Budget on Wednesday, those of us in the property business could be forgiven for hoping, even assuming,...

Halifax: Housing market has started strong but a slowdown is still possible

Average house prices rose for the fourth consecutive month during February, figures from Halifax show, but it is unclear how long the market recovery will last. The...

Only one in 10 homes sold at a loss last year - Zoopla

House price growth may have slowed last year but homeowners who sold their property still made an average gain of £74,000 in 2023, Zoopla claims. The portal...

International Women’s Day: The barriers and benefits for estate agents

Female agents have shared their view on representation and opportunities in the sector to mark International Women’s Day. Industry data shows while there are plenty of women...

TPFG and Belvoir merger completes

Belvoir’s shares were temporarily suspended yesterday after the high court approved its high profile merger with The Property Franchise Group. This paved the way for the deal...

Agents Do Charity - breaking the budget for good causes

Much of the focus may have been on the Spring Budget this week but a variety of charities have received support from the property industry. If there are...

OnTheMarket launches new town hall tour dates

OnTheMarket is set to bring back its popular town hall meetings with agents. It will be the first since its acquisition by CoStar. Jason Tebb, president of OnTheMarket, will...

Keller Williams UK faces new restructure

The Keller Williams UK (KWUK) brand is facing yet another restructure with its leadership in the country effectively removed. KWUK spent much of last year rearranging and...

Spring Budget disappoints but OBR revises housing forecasts

The Office for Budget Responsibility (OBR) has almost halved its house price forecasts after another relatively quiet fiscal update for the property market. Aside from extra funding...

LSL agency franchisees benefiting from ‘reduced volatility’

LSL has hailed the benefits of switching to a franchise model for its estate agency brand. A trading update from the company ahead of its full-year results,...

eXp announces two-day conference to replace roadshows

Self-employed agency brand eXp UK has launched its first ever two-day conference, set to take place in July 2024. It replaces the previous line up of UK...

Agent dismisses branch manager over offensive anti-Zionist posts 

A branch manager who appeared to celebrate the death of Jewish financier and philanthropist Lord Rothschild and call for other Zionists to die has been removed...

The Property Ombudsman: ‘Multiple redress schemes cause consumer confusion’

The Property Ombudsman (TPO) has questioned if allowing agents to choose their own redress scheme damages consumer trust. Speaking to the House of Lords Industry and Regulators...

Spring Budget: Will there be help for housing?

Agents are hopeful of support for the property market in today’s Spring Budget. It could be the Chancellor Jeremy Hunt’s final fiscal update before a General Election...

Propertymark: 'Agents are willing to pay for industry regulation'

Agents would be happy to pay for regulation but the sector should be wary of costs, a Propertymark executive has told parliament. Speaking to the the House...

Foxtons: 'We have returned as London's top agent'

Foxtons has recorded a 31% annual increase in the value of its under offer pipeline during the first couple of months of 2024 as the market...

Agency CRM provider personalises AI tool

Estate agency software and CRM provider Street.co.uk has unveiled new features on its built-in artificial intelligence (AI) Content Writing Model. Revealed among 20 new features at the...

Complete ASAP launches material information pack for agents

Complete ASAP has launched a new package to help agents provide material information on listings. Agents already using the Complete or Instruct ASAP services will be given...

Martyn Gerrard celebrates Hampstead office opening

London agent Martyn Gerrard has launched a new flagship office in Hampstead, expanding its presence across the capital. It follows the launch of the agency’s Winchmore Hill...

Premium agency network welcomes two new licensees

A premium agency network launched by former Fine & Country boss David Lindley has appointed two new licensees. The network now operates in 16 locations. Simon Cowie, after several...

Home mover mortgage lending hit 50-year low in 2023

The level of mortgage approvals for home-movers hit the lowest level since the 1970s amid the cost of living crisis in 2023, new data shows. UK Finance’s...

Increasing numbers of sellers are searching for ‘cheap agents’ - warning

Seller search interest for high street agents has dropped, while there has been a significant spike in searches for cheap fee agents, research suggests. Agency comparison website...

House of Lords committee set to consider agency regulation

The House of Lords Industry and Regulators Committee has set out the key questions it could ask agency representatives as its inquiry into industry regulation continues...

On the house! Former pub landlord takes on Winkworth franchise

A former pub landlord has been appointed a new franchisee to take over Winkworth’s Worthing office on the South Coast. Nathan Wright has joined the Winkworth network...

Propertymark updates Property Information Questionnaire

Propertymark updates Property Information QuestionnairePropertymark has updated its Property Information Questionnaire (PIQ) in light of the latest part B and C guidance for agents from the...

Ethical agent network officially launches

A network uniting ethical estate agents has officially launched today with 25 members. The Ethical Agent Network (EAN) is led by industry figure Jerry Lyons. The EAN has...

Rightmove can’t “rest on its laurels” to attract agents - warning

Analysts have given their backing to Rightmove’s stock market prospects but there are warnings that it can’t “rest on its laurels” in the face of emerging...

Government intervention needed on property transaction times – claim

Property professionals have called for the Government to allocate its promised £3m towards improving the home buying and selling process to intervention on how long sales...

Winkworth boss warns Chancellor against scrapping non-dom status

Chancellor Jeremy Hunt is reported to be considering scrapping non-dom status in the latest rumour ahead of this week’s Budget. It comes as agents are hopeful of...

The Guild names property presenter to host awards

TV presenter and property expert Laura Hamilton is set to host this year’s Guild Awards. The presentation will take place at the Annual Guild Conference and Awards...

Annual house price growth returns to ‘positive territory’ – but for how long?

House prices are growing annually for the first time since January 2023, Nationwide claims. The latest Nationwide House Price Index found average property values were up 1.2%...

Rightmove results: Revenues rise but agency numbers drop

Rightmove has reported a 7% rise in operating profit despite losing agents last year. The portal’s latest annual report released this morning shows profits of £258m off...

Agency groups to discuss industry regulation in House of Lords

Representatives from Propertymark, Trading Standards and The Property Ombudsman (TPO) are set to discuss estate agency regulation in the House of Lords next week. The House of...

OnTheMarket: 'We can still become the number one portal'

OnTheMarket (OTM) has hailed the progress made since its acquisition by CoStar Group and believes it can displace Rightmove. The US-owned real estate portal giant acquired OTM...

Revealed! The areas where new-builds are cheaper than second-hand homes

New-build homes may typically command a premium compared with the second-hand market but new research has revealed areas where this isn’t the case. Property portal Zoopla has...

JONATHAN ROLANDE: Is it time to accept the Government can’t build the houses we need

There are often very grim snapshots of the current property crisis.  But one of the most shocking I’ve read in a long time was a report this...

Mortgage approvals rise again but sales hit a decade low in January

Mortgage approvals increased for the fourth consecutive month in a row during January but that hasn’t fed into official sales yet, data shows. The Bank of England revealed...

PropTech Today - Technology can enhance the performance of the rental market

Renting a flat or house in the UK has never been more difficult. The market is tight, supply is limited and demand overwhelming. Demonstrated via the...

Agents Do Charity - up for a challenge

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

Property staging firm secures £250,000 investment to grow agency partnerships

A home staging firm that partners with estate agents to present properties has secured financial backing. Lemon and Lime Interiors has received £250,000 of funding from MEIF...

Zoopla: Property market is improving but buyers remain price-sensitive

Lower mortgage rates gave the housing market a boost in February with supply and sales all moving higher, Zoopla claims. The portal’s latest House Price Index shows...

Labour fails in latest attempt to get ROPA rules introduced

Attempts to get the long-awaited Regulation of Property Agents (ROPA) rules introduced into the Leasehold and Freehold Reform Bill have failed. The Government has previously said it...

Agency trade body reveals Spring Budget wishlist

Propertymark has added its name to calls for Stamp Duty reform and has also urged lenders to develop more affordable mortgage products to boost the housing...

Viewber marks 500,000th appointment

Outsourced property viewings and inspections provider Viewber is celebrating completing more than half a million appointments. Launched at the end of 2016 by ex agent Ed Mead...

Agents ‘confident’ about housing market despite buyer caution - survey

Around half of agents remain confident about the housing market’s prospects this year, research suggests. A survey of almost 600 estate agents, commissioned by GetAgent.co.uk, found that...

Agent working in Jewish area suspended after ‘hoping’ Zionists die

An estate agency based in the heart of one of the UK’s largest Jewish communities has faced backlash after one of its staff members posted comments on...

A quarter of buyers ‘bribed’ seller to secure a purchase  - claim

A quarter of homebuyers have attempted to bribe sellers with everything from cash to kindness when trying to secure a property, research suggests. A survey of more...

Deadline approaches to complete Voice of the Agent survey

The closing bell is ringing for estate and letting agents across the UK to participate in this year's Voice of the Agent survey.  Agents have until this...

LSL chairman departs after just 11 months

LSL non-executive chairman David Barral has left the estate agency and property brand’s board after just 11 months in the role. Barral had been appointed to replace...

Rightmove calls for regional Stamp Duty thresholds

Rightmove has joined growing calls for Stamp Duty reform ahead of the Spring Budget next week. The property portal has outlined three reforms it would like to...

Property platform offers agents free AML checks

OneDome is offering free digital know-your-customer (KYC) and anti-money laundering (AML) checks for estate agents using its various home buying services.  The service, encompassing identity verification, document...

Just one estate agent has signed up to verify overseas property owners

Just one estate agency has signed up to become a UK-regulated agent to verify overseas entities for property ownership. The Register of Overseas Entities (ROE) came into...

Angels Media boss among guests in new industry podcast

Nat Daniels, chief executive of Estate Agent Today publisher Angels Media is among guests to appear on a new industry podcast launched by The Estate Agency...

Mortgaged homeowners ‘worst-hit’ by higher interest rates

Homeowners with mortgages have seen the highest increase in household costs over recent months, official data suggests. The latest Household Costs Index from the Office for National...

Searches soar for Tuscany after popular renovation TV show

Searches on Rightmove for the region of Tuscany and the city of Lucca have soared recently, the portal suggests. It coincides with the airing of season two...

Competition watchdog: ‘Significant intervention’ needed in housebuilding market

The Competition and Markets Authority (CMA) has launched an investigation into the UK’s largest housebuilders as it warns of “fundamental concerns” in the housebuilder market, which...

Agency trade body launches project to explore LGBTQ+ inclusion

Propertymark has launched a project to boost LGBTQ+ inclusion in the estate agency sector. The trade body conducted a series of workshops last year with the University...

Luxury agent boosts country offering

United Kingdom Sotheby’s International Realty is ramping up its offering with a new countryside office situated just outside of Cobham in Downside, Surrey.  It becomes the fifth...

Agent aims to make his mark on Mayfair

Fine & Country agent Luke Hammond is looking to make his mark on Mayfair after 13 years covering central London. Hammond established his career in the capital...

House of Lords launches agency regulation inquiry

Peers in the House of Lords have launched an inquiry into agency regulation. The House of Lords Industry and Regulators Committee will start a short inquiry this...

Douglas & Gordon administration extended

The administration of collapsed agency brand Douglas & Gordon has been extended by a year. Douglas & Gordon called in Grant Thornton as administrator in April 2023...

Millions of young people ‘unlikely’ to follow parents on property ladder

Almost 2m aspiring homeowners do not think they will be able to follow in the footsteps of their parents by owning a property, research suggests. The figures...

Relocation Agent Network referrals hit record high

Referrals within the Relocation Agent Network (RAN) reached a four-year high for both the months of December and January, the brand has revealed. Richard Durrant, managing director...

Chancellor finalising ‘high-risk’ 1% mortgage scheme - reports

Rumours of the launch of a 1% mortgage deposit scheme have re-emerged with just weeks to go until the Spring Budget  Chancellor Jeremy Hunt is reported to...

Down-valuations on the rise - warning

Down-valuations appear to be on the rise and it is shocking agents and mortgage brokers. Property professionals have seen an uptick in valuations for banks coming in...

Lloyds Bank: House prices set for ‘modest fall’

Lloyds Bank is predicting a “more modest” fall in house prices during 2024. The lender had predicted in September that average prices would fall by 2.4% this...

Jonathan Rolande: How I would rescue the buy-to-let sector

Every year the media writes a lot about house price crashes, and often pose the question whether this is the year for property owners to be...

Zoopla marks record month for vendor leads

Zoopla is rolling out more branded taxis as it recorded a record January for unique vendor leads, the portal claims. The property website said the number of...

Agents Do Charity - time to show your talent

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

Zoopla: First-time buyer homes selling at 8% below local average

Properties favoured by first-time buyers are typically selling for an average of 8% or £20,300 below the local market average, Zoopla analysis suggests. Research suggests the average...

Propertymark joins calls for interest rate cut

Propertymark has joined growing calls for the Bank of England to cut interest rates. Interest rates have been held at 5.25% since August 2023 but as the...

Agents losing Facebook leads to competitors - warning

Almost one if five leads generated by Facebook ads go on to instruct an agent, research suggests, but many are missing out. New research gathered by TwentyCi...

Fine & Country partners with international marketplace to boost global presence

Fine & Country has partnered with James Edition, a marketplace for international luxury real estate.  This strategic collaboration will help Fine & Country agents showcase their listings...

Revealed! The areas where downsizers could earn the most (and free-up housing stock)

Downsizers across England and Wales could unlock an average £305,090 by moving from a four bed to a two-bed home, according to the latest analysis from...

Rate cut needed ‘sooner rather than later’ as mortgage pricing rises - warning

Increasing numbers of mortgage lenders are pulling decent deals as swap rates rise. Santander has become the latest high street lender to raise mortgage pricing this week...

PropTech Today - AI and Big Data to be major gamechangers, says survey

Industry leaders in both real estate and PropTech view AI/Automation and Big Data as the two major gamechangers in the next three to five years, with...

Auction market ‘shattered records’ in January

January 2024 has shattered records to become the busiest ever for UK property auctions, data suggests. Auction data provider Essential Information Group said the market has experienced...

North East agent adds new acquisition

Pattinson Estate Agency has announced its second acquisition in as many months. The North East brand has acquired Browns Estate Agents.  The news comes just two months after...

Alto unveils ‘flexible’ training options

Alto has unveiled a range of changes to its training offering to make it more flexible for agents. The agency software provider said agents can now auto-enrol...

Gazundering is becoming ‘more prevalent’ – warning

A quarter of sellers have been gazundered in the past 12 months, research has revealed. Analysis by quick-buy firm Open Property Group, found a third have been...

UK home sale times are ‘embarrassing’ - claim

The UK timeframe for selling a property has been branded as “embarrassing.” New research shows the UK ranks as the slowest country for selling a home. Upfront information...

Greater London homes taking up to 147 days to sell – research

It’s taking an average of 17.61 weeks to sell a property across Greater London, with some parts taking up to 147 days on average. Quick-buy firm Property Solvers’ speed of sale tool,...

Mortgages to older borrowers drop 37.1% amid higher rates - data

Older borrowers were deterred by high mortgage rates last year, bank data suggests. Quarter four figures from UK Finance show a 37.1% drop in mortgages advanced to...

Government’s ‘laughable’ planning reforms overshadow ‘real-time property market’

A senior estate agent has described the Government’s pledge to compel councils to cut red tape in favour of development as laughable. Simon Gerrard, managing direct of...

Fine & Country unveils ‘iconic’ themed annual conference

Fine & Country is gearing up to host its International Annual Conference and Awards Gala titled ‘Dare to be Iconic’.  The event is scheduled for 8 March 2024 at...

Agent turns proptech founder to tackle poor prospecting

An estate agency founder and industry coach has launched a new artificial intelligence-powered prospecting tool. John Paul, who built an 11-branch agency in the northeast from scratch...

Spring Budget provides opportunity to support buyers - survey

More than a third of property professionals view the Spring Budget as an opportunity to boost new build and the first-time buyer markets. A survey by Countrywide...

Hamptons expands into Andorra with new partnership

Hamptons expands into Andorra with new partnership Hamptons has launched a partnership with Roc Propietats Estate Agents in Andorra that will include brand usage, ‘in association with...

Rightmove: Asking prices rise but sellers are waiting 16 days longer to find a buyer

Average asking prices have grown on an annual basis for the first time in six months but properties are taking longer to go under offer, Rightmove...

And the winners are… Kerfuffle names suppliers of the year

Kerfuffle has revealed the winners of its Supplier of the Year awards The awards are based on agent reviews and net promoter scores of products and services...

Proptech firm launches recruitment drive to support agents

Proptech platform iamproperty has launched a recruitment campaign to boost its 575-strong team. There are more than 10 tech roles currently live, from senior test engineers, business analysts to...

JONATHAN ROLANDE: A week is a lifetime in the property market

If a week is a long time in politics, then I’d say it’s a lifetime for anyone working in the property market. That’s why the very welcome...

Zoopla: New estate agency sale stock has hit a four-year high

New Year momentum in the property market has carried into February and new listings are at a four-year high, Zoopla claims. The portal reported last month that...

TwentyEA goes mobile with lead generation

TwentyEA has unveiled a suite of new marketing solutions combining its data tools, giving estate agents greater flexibility over their prospecting options and access to performance...

Agents Do Charity - get your boxing gloves ready!

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

Belvoir shareholders back TPFG merger

Belvoir shareholders have backed the agency brand's merger with The Property Franchise Group (TPFG), paving the way for the high-profile deal to complete. TPFG and Belvoir announced...

Prime London prices drop at fastest level for five years - LonRes

The number of properties going under offer and new instructions are on the rise but this has yet to translate into sales and hasn’t stopped prices...

Law Society building safety guide clarifies agent and conveyancer responsibilities

Conveyancers shouldn’t give buyers and sellers assurances about building safety remediations unless they are confident doing so, the Law Society has said. The professional body has released...

The Guild secures new homes referral arrangement for members

The Guild of Property Professionals has launched a referral arrangement for its members with The Land & New Homes Network.  New home companies will be linked with...

Propertymark partners with Belvoir to boost agent standards

Propertymark has launched a new working relationship with the Belvoir Group to help further improve standards and enhance financial protection for consumers. Propertymark works closely with its...

Land Registry reveals 1.4% house price drop in 2023

Average house prices fell 1.4% during 2023, Land Registry data has revealed. The latest Land Registry House Price Index for December 2023 property prices ended the year...

Inflation rate remains steady in ‘silver lining’ for property market

The rate of inflation remained at 4% in the 12 months to January, but housing costs remain high, Office for National Statistics (ONS) data has revealed. The...

Agency training platform launches in Scotland

Industry training platform The Able Agent has launched in Scotland. First to launch is the ABBE Ofqual regulated Level 3 Certificate in Lettings Advice and Practice (Scotland),...

Inspirational speaker named for Propertymark One conference

Author and broadcaster Katie Piper is set to take to the stage at the Propertymark One Conference at the ExCel London on 14 June this year.  The...

Hamptons: Housing market has “firmly turned the page” as activity improves

The housing market is "turning a page" with fewer price reductions and higher achieved prices, Hamptons claims. A January market activity update from the agent said falling...

Brownfield building sites ‘not silver bullet’ to solve housing crisis - warning

Building on brownfield sites may not be the silver bullet it is made out to be, the government has been warned. Housing Secretary Michael Gove excitedly announced...

UK housing stock value dips for first time since 2012

The total value of all homes across the UK has dropped for the first time since 2012. Research by Savills shows the value of the UK’s housing...

Nominations open for Midlands property awards

The search for the very best of the property industry is officially on for The Midlands PROPS Awards 2024. The awards is a midlands-focused version of the...

Estate agency services provider recruits ‘ingenious’ director

Estate agency services provider Agent and Homes has appointed a professional investor and former asset manager as a non-executive director. Guy Bowles founded and ran Ingenious Asset...

Winkworth unveils board appointment

Winkworth has appointment its former general counsel to join the board. Tara Tan has become an executive director of the agency franchise brand. Tan, a qualified solicitor with...

University launches landmark estate agency degree course

A first-of-its-kind degree has launched that focuses on residential estate agency. The Swindon campus of the Royal Agricultural University (RAU) has launched the foundation course. It is now...

Kerfuffle unveils major acquisition and is keen for more

Kerfuffle has finalised the acquisition of agency reviews platform View Agents. With the acquisition of Kerfuffle founder Simon Whale said the brand’s proposition now has a business-to-business...

Homeowners mistaking common garden plants for Japanese knotweed - warning

Concerned homeowners and gardeners are frequently mistaking common garden plants such as bindweed, dogwood and lilac for highly invasive Japanese knotweed, research claims. Analysis of data from...

Eddisons unveils proptech partnership

Eddisons has signed a partnership deal with proptech firm Valos in a collaboration which is designed to streamline the property consultancy’s valuation process and boost the...

Zoopla: Southern England will be worst hit by house price decline

Zoopla is holding onto its predictions of a 2% average house price drop this year and said high- value regions in the South of England will...

Agents back upfront information but feel legislation is needed

Most agents agree that providing upfront information at the very start of the homebuying process would improve the buying and selling experience, but only 30% have...

Housing Secretary suggests homebuyer support is coming

Housing Secretary Michael Gove has given the strongest hint yet that housing measures could be included in the Spring Budget. Chancellor Jeremy Hunt is set to deliver...

Yopa accounts shed light on restructure

Yopa’s latest accounts for 2022 have revealed a “material uncertainty” that the business could continue ahead of a restructure in 2023. The online agent has published its...

TPFG shareholders back Belvoir deal

The majority of shareholders of The Property Franchise Group (TPFG) have backed a merger of the brand with Belvoir. TPFG and Belvoir announced last month that their...

Martin & Co franchisee adds fifth office

Martin & Co in South West London’s long-standing franchisee Michael van de Vyver has added a fifth branch to his growing portfolio. It comes just four months...

Winkworth expands country house operation

Winkworth is expanding its country house operation to capitalise on demand from UK and international buyers. The operation will work from Winkworth’s head office in London’s St...

Information Works acquired by iamproperty

Proptech firm iamproperty has acquired data and prospecting firm Information Works for an undisclosed sum. It will help the platform’s partner agents access mailing concepts and highly...

JONATHAN ROLANDE: Fall in new home registrations is creating crisis for the sector

With the exception of lockdown, new home registrations have bumped along consistently for the last 15 years. But things are changing - and we should be...

Propertymark: Interest rate cut needed as mortgage arrears rise

Propertymark has urged the Bank of England to cut interest rates “as soon as practically possible” after the trade body noted a rise in mortgage arrears. Data...

Analyst: Don’t assume the housing market will be healthy throughout 2024

A drop in house prices remains likely for 2024 despite recent rises and improving sentiment. The latest Halifax house price index showed annual price growth has hit...

Fresh property sale stock rises 80% - research

There has been an 80% annual increase in the number of homes entering the market in the past two weeks across Britain as seller confidence continues...

Family business marks 70 years in estate agency

Nottinghamshire estate agency Gascoines is marking 70 years of serving the property market in Southwell and surrounding areas. Founded by Doug Gascoine on 7 February 1954, the...

Knight Frank unveils customer portal to improve buyer and seller journey

Knight Frank has launched a bespoke customer portal after 18 months of development. Coined ‘My Knight Frank,’ the firm says it is a digital customer experience platform, accessible 24/7, which will allow its...

Agents Do Charity - on the (bug) house

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

Bob Dylan Was Right About Changing Times!

The times, they are indeed a-changin’. But what Dylan may not have appreciated, however, was how fast that change would be happening. Almost every time I check...

Savills: UK housing costs hit record high of £200bn

UK housing costs hit £200bn for the first time in 2023, according to the latest research by Savills.  The analysis of private and social rents plus owner-occupier...

Agent appraisal requests hit record levels in January - Rightmove

Record numbers of future vendors sent a request for an estate agent to come and provide a market appraisal of their home in January, new figures...

RICS: Property market is turning positive

Homebuyer and seller activity has finally started to turn positive, according to the Royal Institution of Chartered Surveyors (RICS) suggests. The latest RICS Residential Market Survey shows...

Barratt seals £2.5bn takeover of Redrow

The UK’s largest housebuilder has agreed a deal to acquire its rival Redrow. The £2.5bn deal, backed by both company boards, would see Barratt take a 67.2%...

Experienced property professionals launch new estate agency

A team of seasoned industry professionals with a combined experience of more than 140 years is set to launch a new estate agency in Ilkley. Spearheaded by...

Halifax: House price growth hits 12-month high but risks remain

Annual house price growth hit a 12-month high last month as values rose for the fourth consecutive month but future drops can’t be ruled out, according...

Independent agent signs listings deal with OnTheMarket

An independent agency brand has become the latest firm to sign a listings agreement with CoStar-backed OnTheMarket. Edward Mellor, one of the UK's largest independent property services...

First Industry-Specific AI Tool Flooded with Requests in Just 3 Days

In this latest article from the team at Iceberg Digital, they discuss Uzair, an industry-specific artificial intelligence (AI). Iceberg Digital, the creators of Lifesycle have released Uzair,...

Agency app launches material information report

HOP (the Home Owner’s Passport) has released its upgraded material information report to support agents with Trading Standards compliance. The list of Material Information minimum requirements was...

Conveyancers launch upfront information provider to cut sale times

A new upfront information provider has launched, promising to shorten the homebuying and conveyancing process. Home Sale Pack has said it will slash timeframes by providing buyers...

Agents urged to help ‘normalise’ self-build for buyers

Potential self-builders are struggling to find suitable plots and many are planning to turn to estate agents for support. A survey by Suffolk Building Society has found...

ESTAS launches Big Postcode Reveal event

The ESTAS Group has scheduled a Big Postcode Reveal event in April to detail winners of its latest award category. The Best in Postcode category was launched...

UK should follow Norway to speed-up property sales - claim

UK property professionals should look to Norway when assessing how to improve the home buying process, a housing minister has claimed. Speaking to the Council for Licensed...

ESPC: Homebuyers picked up bargains at the end of 2023

Buyers in Scotland took advantage of the high levels of competition in the market between November January, research suggests. Analysis by Scottish property portal ESPC has identified...

Reapit trials chatbot as it shows its artificial intelligence

Reapit has unveiled a range of artificial intelligence (AI) initiatives to support agents. The agency software provider has launched an AI-powered property descriptions tool and a support...

Secure share product aims to boost agency referrals and speed up sales

Client compliance platform Thirdfort has launched its updated Secure share product to help estate agents boost referrals through the secure sharing of ID and anti-money laundering...

Real estate dubbed most distressed sector - warning

The European property market is the most distressed sector, new research suggests. The latest Distress Index, from restructuring firm Weil, has warned that high interest rates, falling...

London agent reveals new acquisition

London agent Martyn Gerrard has acquired Palmers Green-based estate and lettings agent Range Homes.   The deal, worth almost £1m, will see the services offered by Range Homes,...

LSL completes TenetLime acquisition

LSL Property Services yesterday announced the completion of its acquisition of TenetLime  The property brand announced in August that it had acquired the mortgage network, and began integrating its...

House prices to drop 3.6% in first quarter of 2024 – research

Average house prices will fall 3.6% in the first quarter of the year, according to forecasts by reallymoving.com. The research is based on analysis of approximately 115,000...

Guild conference to share how agents can charge higher fees

The Guild of Property Professionals has set a date for its Annual Conference and Awards Ceremony on 22 March 2024. It will be held at the QEII...

CRM provider launches showcase event to unveil new features

CRM provider Street.co.uk is inviting agents to a virtual showcase event this month to unveil its latest features. Scheduled for 28 February at 4pm, the event will...

Knight Frank: Property market activity is lagging positive sentiment

Prime market activity hasn’t caught up with more positive sentiment, Knight Frank claims. It comes as figures from the agency brand showed the number of market valuation...

Jonathan Rolande: So how was January for you?

Did you manage to make it through the month without reaching for the bottle to console yourself.  No, I’m not enquiring if you managed to navigate Dry...

Irish estate agency unveils major acquisition

Irish estate agent Sherry FitzGerald Group has acquired Simon Brien Residential (SBR), described as of Northern Ireland’s leading estate agents. SBR will continue to trade under the...

Agents Do Charity - get your coat!

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

Interest rate freeze: ‘Buyers and sellers will welcome Bank inaction'

Agents are becoming more confident about a busy Spring market after the Bank of England held interest rates for the fourth consecutive time at 5.25%.  The cost...

LSL ‘on track’ for profit increase in 2024

LSL’s estate agency network has performed ahead of its plans since shifting to a franchised model last year. The LSL estate agency network was shifted to a...

Architecture and interior designer launches pre-offer advice service for prime buyers

A new service has launched to provide buyers of prime and super-prime residential properties with an appraisal of the property’s suitability, pre-offer, for their renovation or...

Propertymark to host Ivory Act forum

Propertymark is encouraging auctioneers to attend its upcoming open forum on the 2018 Ivory Act to make sure they are complying with this important law.   The Ivory Act stops commercial activities regarding...

Labour pledges to boost mortgage choice for first-time buyers

The Labour Party has committed to working on ways to offer longer-term fixed rate mortgages to support first-time buyers. Outlining its plan for financial services, a report...

‘Uneventful’ interest rate update could boost property market – claim

Rightmove has recorded its busiest month since launching its mortgage in principle service in 2022 and predicts an interest rate hold could bring further good news...

Conveyancing fees rose 6% in 2023 - research

Conveyancing fees increased by around 6% last year, analysis suggests. Property Solvers’ annual research of legal practices in England and Wales has revealed that average residential conveyancing...

Agents urged to help tackle digital divide for home movers

A digital divide has emerged when it comes to moving home.  Research by anti-money laundering (AML) platform Thirdfort has found that 46%) of those working in professional...

Revealed! The cities with the 'busiest' estate agents

Estate agents in Liverpool and Portsmouth have had the busiest start to the year, new analysis suggests. Self-employed agency brand eXp UK calculated the number of residential...

HMRC records December dip in property sales

Property sales fell for the fourth consecutive month in December and ended the year at 1.02m, HMRC data suggests. The latest property transaction data from the taxman...

Nationwide: House prices rose in January but ‘rapid rebound’ is unlikely

Average house prices rose between December and January but a rapid rebound is unlikely, Nationwide has warned. The latest Nationwide House Price Index for January shows average...

High mortgage payments force Government minister to quit - claim

It usually takes a scandal or a reshuffle to remove a Government minister so it came as a bit of a surprise yesterday when Tory MP...

Connells agency acquisition expands Lincolnshire footprint

Connells-owned brand Sharman Quinney has acquired Quentin Marks Estate Agents in Lincolnshire. Under the deal, Quentin Marks will retain its brand in Bourne and director Quentin Rigby...

Mortgage approvals hit six-month high – has the market come alive?

The number of mortgage approvals hit a six-month high in December as falling mortgage pricing and renewed buyer confidence “breathed new life” into the property market. Bank...

Agency brothers launch social network for property professionals

Two brothers who previously worked as estate agents have launched a new networking platform for property professionals in the UK. Chris Tremlett, who worked for Pointons Estate...

Fine & Country expands in Wales

Fine & Country has boosted its Welsh presence with a new North Wales license. The territory has been founded by former partners at McCartneys Estate Agents, Tom...

Downsizer enquiries back to pre-pandemic levels but dropped last year – research

Downsizers could free up an estimated £209,215 worth of equity, according to research from national estate agency Jackson-Stops. Its annual research on the ‘downsizer gap’ – the money left...

Savills boosts country house team

Savills has kicked off 2024 with two key external hires and an internal move into its country house team. James Toogood has joined from Knight Frank to lead...

Zoopla: ‘The best first-time buyer policy is to build more homes’

Building more homes is a better solution than mortgage schemes to support first-time buyers, a Zoopla executive has claimed. Richard Donnell, executive director at the portal, has...

Halifax: First-time buyers are teaming up as sales fall

The number of first-time buyers fell by a fifth last year but this cohort still made up the largest proportion of purchasers amid the slowing housing...

Wealthy buyers hit by tougher lending criteria

Mortgage rates may be falling but tougher lending criteria is stifling many borrowers, including high earners. Research by Investec has found the vast majority of high net...

Housebuilders back Labour to get Britain building

Housebuilders have indicated that they would prefer a Labour government is formed after the next General Election. The latest Land Index and Housebuilder Survey from Knight Frank...

Tyron Ash launches ‘Million Agent’ webinar series

High-end estate agent Tryon Ash is looking to share the secrets of his success with other agents and property professionals. The agent, who featured in Channel 4’s...

Zoopla: Home sales rising but buyers’ market prevails

Property supply and demand have rebounded since the start of the year amid falling mortgage rates but sellers are still making large price reductions to attract...

Agents mark record year for auction sales

Estate agents sold a record-breaking number of properties via online auction in 2023, research suggests. The latest Online Auction Index from iamproperty shows partner agents outperformed during...

Propertymark: 'Asking prices are still too high'

Further adjustments in house prices are needed to match valuations with market expectations, Propertymark has warned. It comes as the agency trade body’s housing report for December...

Hamptons boost prime central London offering

Hamptons has made three strategic appointments aimed at fortifying its prime central London offering.  Craig Tonkin, Mark Cullen, and Mark Breffit have joined the team in key...

Foxtons aims for £3m savings from branch closures as total revenue rises

Foxtons is set to close and consolidate some Ludlow Thompson branches as part of plans to save £3m this year. A trading update from the agent yesterday...

Jonathan Rolande: Four General Election housing ideas that would get my vote

Whether a General Election is held in May, November or in January one thing is guaranteed -  we can expect to hear endless announcements of proposed...

Analyst raises house price expectations but warns correction isn’t over

The UK and Europe’s “house price correction” isn’t over yet but the market will perform better than expected, a ratings agency claims. S&P Global Ratings has revised...

Agents Do Charity - cleaning up

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

Agency recruitment veteran joins property data firm

Estate agency recruitment expert and mentor Ian Dobrin has joined property data firm Addland. He will initially focus on further building the platform’s growth in the residential...

Bargain Hunt expert joins agency

Nick Hall, one of the antiques experts appearing on the BBC's Bargain Hunt, has joined south coast agency, Henry Adams. He has taken on the role of director...

Auction brand approved as Propertymark supplier

Pattinson Auction has been approved as an industry supplier for Propertymark. As an industry supplier, the auction brand will provide resources, support and insights to Propertymark members,...

AI-powered property portal launches in Bath

A new artificial intelligence (AI)-powered property portal has launched its app with an initial focus on Bath. The brand, called Jitty, aims to use artificial intelligence to...

Industry veteran calls for code of practice for sole agency agreements

Former agency founder and property marketing veteran John Durrant has challenged Propertymark and RICS to take a leadership on the contentious issue of sole agency agreements. Durrant...

Rightmove reveals best time to list a home for quick sale

Most agents may argue that every month is the best time to list but Rightmove has identified February as the optimum point when homes have the...