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KEYWORD "Asking Price" - 260 RESULTS
Brexit blues mean it's becoming a buyer's market, warns Rightmove

The price of property coming to market fell by 0.2 per cent or an average of £656 in the past month...

15 July 2019

From: Breaking News

104 viewings in one day and 22 offers - is this a record in a 'slow' market?

Stories of a slow property market due to an ongoing lack of supply and Brexit woes have been well-documented in recent...

08 July 2019

From: Breaking News

Achieving asking price and selling quickly are top criteria for vendors

A survey of property sellers has revealed that 'achieving the asking price' (43%) and 'selling properties quickly' (35%) are the most...

03 July 2019

From: Breaking News

Supply rises at last but over 80% of homes sell below asking price

New figures from the National Association of Estate Agents suggest that supply is at last creeping back up to seasonal norms...

26 June 2019

From: Breaking News

Brexit Blues: “sharp correction” likely post-deal, agent warns

Homes in central parts of London sold for a typical 11.5 per cent below asking price in the first three months...

21 June 2019

From: Breaking News

Family home for £1m in London? You'll be lucky, says OnTheMarket

Research from OnTheMarket shows that 40 per cent of London homes costing around £1m have only two bedrooms or fewer. And only...

19 June 2019

From: Breaking News

Supply and sales fall as London and the south drag down market

The latest asking prices data from Rightmove suggests that the national housing market is being dragged down by poor performance in...

17 June 2019

From: Breaking News

Some homes should not be marketed on portals, says agency chief

Properties sold off market by a London agency found buyers more quickly, and for nearer the asking price, than those on the...

04 June 2019

From: Breaking News

Vendors accepting larger discounts off asking prices, says Zoopla

The gap between average asking prices and average selling prices has increased in recent months according to Zoopla. Its latest study of...

29 May 2019

From: Breaking News

Rightmove says prices stay steady but London still in doldrums

Rightmove’s latest house price statistics reveal that asking prices for newly-marketed property are on average 0.9 per cent higher than a...

20 May 2019

From: Breaking News

Buying reform could slash transaction time by almost 30% - claim

Reforms to the house buying process in England and Wales to bring it more into line with Scotland could slash the...

16 May 2019

From: Breaking News

Time On Market soars in England and Wales according to listings website

The average time on the market for a property is soaring across the UK thanks to Brexit uncertainty, according to the...

16 May 2019

From: Breaking News

Massive discounts up to 21% for prime London homes, says bank

Some of the most expensive properties in London are selling typically between 13 and 21 per cent off the asking price. And...

07 May 2019

From: Breaking News

Spring Forward! Market moving again says Rightmove

There’s been a spring bounce with prices of new-to-the market properties increasing an average of 1.1 per cent in the past...

15 April 2019

From: Breaking News

Online agents hit out at High Street rivals about ‘over-valuations’

Online estate agents have seized on the recent national newspaper article accusing estate agents of over-valuing properties to earn higher fees. The...

09 April 2019

From: Breaking News

Over-valuing: agents fight back after press allegations

There’s anger in the industry over an article in The Times which accused agents of overvaluing properties - although why this was happening...

08 April 2019

From: Breaking News

Rightmove warns of 'subdued spring market' - and yes, it's Brexit

The spring market has got off to a subdued start according to Rightmove - and the portal says more buyers are...

18 March 2019

From: Breaking News

Agent comparison website bags £2.2m funding to build on TV backing

GetAgent, the comparison estate agency business, has secured £2.2m in investment from a consortium of investors including Channel 4. The backers are...

14 March 2019

From: Breaking News

Instructions dip 4% across UK but plummet 19% in London

Latest data from property platform Home suggests that instruction numbers across the UK as a whole are down four per cent...

13 March 2019

From: Breaking News

Brexit splits first time buyers across the country say Guild agents

It’s not just the high-end market for homes in the south east that’s hit by Brexit according to the Guild of...

06 March 2019

From: Breaking News

Agency shuts key office as London hit by more transaction and price falls

Another estate agency has closed one of its prime London offices as the capital’s most exclusive areas continue to be hit...

26 February 2019

From: Breaking News

Selling for 8.5% above asking price: why is Scotland's market so strong?

As the sales market across much of Britain appears to be mired in political and economic uncertainty, figures from Scotland appear...

21 February 2019

From: Breaking News

More market woe: website says prices falling across England and Wales

A new survey claims the market is at its worst for eight years. The latest market snapshot from property platform Home says...

19 February 2019

From: Breaking News

Homes are more affordable as wage growth outstrips price rises

The latest Rightmove price index suggests that homes are at their most affordable level for some years thanks to wage growth...

18 February 2019

From: Breaking News

Online agency business tries to avoid Emoov fall-out with ‘realistic’ crowdfund

The first major estate agency business to launch a crowdfunding bid since the controversial collapse of Emoov has emphasised its “realistic”...

14 February 2019

From: Breaking News

Buying service to focus on doer-uppers and pledges capital appreciation

A design and renovation business has set up a property sourcing business which will find homes requiring renovation. What’s more, it claims...

14 February 2019

From: Breaking News

PropTech Today: new key to agent success is a threat to the big portals

At the end of January the Asian PropTech company PropertyGuru announced the imminent launch of beta-phase testing of its cutting-edge new product, PropertyGuru Lens. This...

06 February 2019

From: Breaking News

Website boss accuses agents of charging “vast” fees up to £7,000

The head of a For Sale By Owner website claims that some agents are making “vast amounts” of up to £7,000...

01 February 2019

From: Breaking News

New-build premiums may have to be cut to maintain sales - warning

A respected property investment consultancy is warning that the current premium put on the prices of new-build homes - around 15...

29 January 2019

From: Breaking News

Rightmove visits up 5% to record levels - so is there really a Brexit crisis?

Gloomy statements from some industry organisations have suggested the market is in trouble thanks to Brexit uncertainty but Rightmove says visits...

21 January 2019

From: Breaking News

What next for property in 2019?

As 2018 draws to a close, it is fair to say that stretched affordability and uncertainty over the Brexit negotiations has...

29 December 2018

From: Features

Market shock as asking prices fall by more than usual before Christmas

Asking prices of homes coming to the market have fallen for the second month in a row - and Rightmove says...

17 December 2018

From: Breaking News

Brexit Bedlam: Rightmove and agency give housing market warnings

The chief executive of online agency HouseSimple says “sellers need to be prepared and willing to lower their expectations” in the current...

07 December 2018

From: Breaking News

Emoov boss and portal head in vicious Twitter spat before firm folds

The chief executive of Emoov and the founder of the new portal Rummage4Property had a dramatic spat on Twitter just hours...

04 December 2018

From: Breaking News

Don't bank on 'prime' vendors cutting prices again, warns agent

A senior figure in the Knight Frank agency says those buyers who may be expecting Brexit-inspired bargains in the so-called ‘super...

22 November 2018

From: Breaking News

Asking prices fall over £5,200 in largest November drop since 2012

Rightmove is this morning reporting that the asking price of property coming to market has fallen 1.7 per cent in the...

19 November 2018

From: Breaking News

“Sun is setting on the market” as supply soars and demand drops

The market is now over-supplied with homes to sell while at the same time demand is dipping and there are widespread...

14 November 2018

From: Breaking News

Typical asking price cut on a ‘doer-upper’ is 17% or  £40,000

Homes that require major structural work have asking prices which are on average £40,000 below the market norm, according to research...

09 November 2018

From: Breaking News

Brexit impacting prime London as prices drop again - LonRes

The LonRes data consultancy that monitors transactions right across prime central London says Brexit is the single biggest factor impacting the...

07 November 2018

From: Breaking News

Down they go - nearly 40% of asking prices slashed by vendors

Zoopla says 38 per cent of properties on sale have had their asking prices slashed. That’s a five per cent rise since...

25 October 2018

From: Breaking News

Surge in overseas buyers ahead of latest stamp duty surcharge

A leading London estate agency is reporting a surge in overseas buyers sealing deals ahead of the government’s new stamp duty...

18 October 2018

From: Breaking News

Whatever happened to the autumn price bounce? asks Rightmove

We’re sorry to be starting the week with more evidence of the housing market in the doldrums, but Rightmove’s latest index...

15 October 2018

From: Breaking News

Buying agency secures prime London home almost 40% below asking price

A buying agency says it has secured a prime London property for one of its clients at almost 40 per cent...

19 September 2018

From: Breaking News

A surge in sellers pricing sensibly - Rightmove reports a mini-boom

Rightmove is reporting a mini-boom as the autumn market gets into gear, with a surge in buyers and a one-month rise...

17 September 2018

From: Breaking News

Market woe as prices dip further - but there is some good news too

House prices fell further this month as the slowdown tightened its grip according to he latest data from property platform Home. It...

13 September 2018

From: Breaking News

Should equity release be taxed to encourage down-sizing?

There’s little doubt that downsizing is less of a factor in the housing market than it used to be - so...

25 August 2018

From: Features

Revealed: the part of Britain where homes sell 6% above asking price

The latest quarterly house price report published by property portal s1homes reveals that properties across Scotland sell on average at six...

21 August 2018

From: Breaking News

Rightmove says it's a 'summer sale' - with Connells leading price cuts

Rightmove says the housing market is now into a ‘summer sale’ as newly-marketed property shows an average asking price fall of...

20 August 2018

From: Breaking News

Trouble ahead? House price falls set to spread, website warns

A sales platform that monitors the market is warning that house price falls are likely to spread beyond London and the...

15 August 2018

From: Breaking News

Desperate agents deliberately overvaluing, claims PropTech company

A PropTech firm has adopted the unusual position of claiming some agencies deliberately over-value properties in a bid to win instructions. Agent...

14 August 2018

From: Breaking News

Transactions slump 6% in prime London, says LonRes

LonRes says transactions in prime locations in London dropped another six per cent when the second quarter of 2018 is compared...

10 August 2018

From: Breaking News

Warning over asking prices not standing up to professional scrutiny

A leading buying agency is warning about asking prices that are higher than those acceptable to mortgage companies who therefore down-value...

31 July 2018

From: Breaking News

Prime London's four year collapse: agency figures show scale of falls

The price per square foot for homes in central London is currently £1,194 - that’s 16.9 per cent below its 2014...

30 July 2018

From: Breaking News

Fees row: Spotlight on Ombudsman after court case decision

The couple at the centre of a court case about agents’ fees say the issue could have been resolved earlier had...

27 July 2018

From: Breaking News

Agency reveals price falls required by prime homes before they sell

Figures from Savills suggest that there’s currently an average 1.14 price adjustments per sale across the prime regional markets of the...

27 July 2018

From: Breaking News

Surveyors accused of covering their backs by down-valuing

The debate over alleged ‘down-valuing’ by mortgage lenders has flared again with one leading agent claiming that surveyors are just “covering...

24 July 2018

From: Breaking News

40% of central London new-builds sold with large bulk discounts

A report in the Financial Times lays bare the scale of the housing market downturn in central London - it suggests...

19 July 2018

From: Breaking News

Rightmove claims sea views attract whopping 29% premiums

Rightmove claims that homes with sea views attract an average price premium of 29 per cent. The analysis - aimed at publicising a...

19 July 2018

From: Breaking News

Asking prices at a standstill as summer lull kicks in, says Rightmove

Asking prices are at a virtual standstill as the summer lull kicks in, according to the latest Rightmove index. New seller asking...

16 July 2018

From: Breaking News

Volume of asking price cuts reaches six-year high in 'stock glut' areas

There’s more gloomy reading for vendors from a new report by website Home, which says the volume of properties slashing their...

13 July 2018

From: Breaking News

Agency figures prove a well-priced property sells fastest - company chief

An estate agency chain has produced strikingly successful sales figures for the first half of the year - evidence, it says,...

05 July 2018

From: Breaking News

Tale of our times: flat sells after 575 days at £111,500 below asking price

The Money editor of The Mirror newspaper has finally sold a home he first put on the market in late 2016...

21 June 2018

From: Breaking News

Asking prices may have to be cut as hybrid agency reveals 'reality gap'

A major hybrid agency says there is a huge ‘reality gap’ between the typical asking price of homes on sale and the...

21 June 2018

From: Breaking News

Property market: summer update for agents

Summer is traditionally the time of the year when the property market slows down, with people going away on their holidays...

19 June 2018

From: Sponsored Content

Up, up and up again - Rightmove asking prices rise despite sales dip

The average asking price of newly marketed property continues to rise according to Rightmove - and this is despite a dip...

18 June 2018

From: Breaking News

Cuts in asking prices reach six-year peak as market may be stalling

More stock and longer times on the market are combining to create a surge in asking price reductions according to a...

13 June 2018

From: Breaking News

Asking price reductions on the rise as market loses momentum

Property sellers in the South of England are having to accept asking reductions in order to achieve a sale.  Data from Hometrack...

30 May 2018

From: Breaking News

Cash trolleys, Porsches and pampering - buyers' desperate acts revealed

To demonstrate the lengths some buyers will go to make sure their offer is accepted, NAEA Propertymark has asked its agent...

24 May 2018

From: Breaking News

PropTech Today: Letting my flat – who won, tech or traditional?

Well last week was interesting. The column about my decision to put the property on with a letting agent went viral.  This was...

23 May 2018

From: Breaking News

Sellers cash in as buyers are increasingly willing to pay above asking price

Property sellers in Scotland are profiting from buyers' willingness to pay above asking price for a home.  This is according to portal...

22 May 2018

From: Breaking News

Asking prices at an all-time high, but sales have dipped - Rightmove

The latest data from Rightmove indicates that the average national asking price has reached another all-time high of £308,075 following a...

21 May 2018

From: Breaking News

Worth a cool £16m - the teenager running an online agency

Akshay Ruparelia, the teenager who set up the Doorsteps online estate agency only 18 months ago, is now reported to be...

17 May 2018

From: Breaking News

Brexit worries 'putting a hold on buying' warns agency chief

The chief executive of Winkworth says the upcoming Brexit is creating uncertainty and causing buyers and investors to delay purchasing plans. Dominic Agace,...

16 May 2018

From: Breaking News

Sigh of relief as interest rate rise put off for now

The Bank of England’s Monetary Policy Committee has decided to keep the base rate unchanged at 0.5 per cent this month. The...

10 May 2018

From: Breaking News

The ten worst mistakes to make when selling your business

I have sold hundreds of lettings businesses over the last twenty-five years. Based on this experience, these are the mistakes that you...

02 May 2018

From: Features

Vast majority of homes selling below asking price claims NAEA

Only one property in every eight sold in the current market succeeds in achieving its asking price - while no fewer than...

30 April 2018

From: Breaking News

Prime London woe: price falls, slow sales and valuation mark-downs

Coutts bank has issued a starkly pessimistic snapshot of prime London’s housing landscape, reporting price falls, valuation mark-downs and slower sales...

27 April 2018

From: Breaking News

Slowing? Growing? What’s really happening in today’s property market?

The sun has finally returned to ours skies and you’re on the lookout for a little bit of summer reading. As...

21 April 2018

From: Features

Rightmove visits reach record highs - and so do asking prices

Prices of new-to-the-market property rose by a modest 0.4 per cent over the past month says Rightmove - but that’s enough...

16 April 2018

From: Breaking News

Prices fall again in prime central London, admits Knight Frank

Average prices dropped another 1.1 per cent in prime central London in the year to March according to new figures released...

06 April 2018

From: Breaking News

PropTech Today: Is AI set to transform the world of property?

Last week, a story was published by CNBC about a couple who sold their home, for above the asking price, without...

28 March 2018

From: Breaking News

NAEA says first time buyer stamp duty cut working - but more needed

The National Association of Estate Agents says the government’s first time buyer stamp duty incentive “seems to be having the desired...

27 March 2018

From: Breaking News

Higher proportion of posh country estates now being sold off-market

A buying agent says a higher proportion of Britain’s rarified country estates market is now being sold off-market. Jess Simpson, an ex-Savills...

22 March 2018

From: Breaking News

Asking prices hit record highs in key sectors, says Rightmove

Average asking price of newly-marketed property have jumped 1.5 per cent - or over £4,500 - in the past month, says...

19 March 2018

From: Breaking News

Rightmove identifies 10 fastest-moving local housing markets

Rightmove’s latest assessment of the housing market suggests that Newport in Gwent is the fastest moving area in Britain for vendors. A...

15 March 2018

From: Breaking News

Asking prices and agents' commission more important than reviews to vendors

A survey by consumer body Which? suggests askng prices and agents' fees are the most significant factors considered by a vendor choosing an...

14 March 2018

From: Breaking News

New house price index claims superiority over rivals - even Land Registry

Investment consultancy London Central Portfolio has launched a new index which it claims uses “the most comprehensive data available” to assess...

07 March 2018

From: Breaking News

Slashed asking prices on 'super-prime' houses highlighted by buying agency

High-profile buying agency Black Brick has highlighted the scale of reductions now being made by sellers of some trophy properties in...

05 March 2018

From: Breaking News

First time sellers must find average of £136,000 to move to their next home

A survey by Lloyds Bank has revealed that the average ‘first time seller’ requires very nearly £136,000 to bridge the gap...

05 March 2018

From: Breaking News

Former NAEA chief in fierce press attack on “irresponsible agents”

A former president of the National Association of Estate Agents has attacked “irresponsible agents” for over-valuing asking prices in London in...

26 February 2018

From: Breaking News

Revealed - discounts on prime properties achieved by buying agency

The well-respected buying agency Black Brick has revealed the scale of discounts it secures on prime properties being sold for different...

22 February 2018

From: Breaking News

Councils aim to address housing crisis with home ownership register

Three councils are encouraging local residents to sign a new register which aims to bring more quality homes for sale to...

21 February 2018

From: Breaking News

Average property selling for £10,000 over asking price, says Scottish portal

Scottish portal s1homes.com has reported that the average property in Scotland sold for £10,000 higher than its asking price during the...

20 February 2018

From: Breaking News

Rightmove's best-ever visitor total indicates strong start to 2018 market

Rightmove says it has enjoyed its highest ever monthly number of visitors - 141 million in January. They spent a total of...

19 February 2018

From: Breaking News

Online agency platform claims it gets an average 98.6% of asking price

An online estate agency brand launched a year ago by a traditional high street agent to ward off competition has exceeded...

15 February 2018

From: Breaking News

PropTech Today: There’s no better time than now to invest in VR

I had an interesting meeting last week with a VR company called Garou. Based in New York, they claim to have...

07 February 2018

From: Breaking News

Halifax and Nationwide price indices slammed as out of date by rival

House price indices provided each month by Halifax and the Nationwide have been branded as “misguiding” and “out of date” and...

01 February 2018

From: Breaking News

10% price cuts and transactions tumbling as agents prepare for tough market

Homes for sale in some parts of inner London are seeing price discounts of up to 10 per cent says Hometrack...

30 January 2018

From: Breaking News

PropTech intelligence group hails housing market's return to stability

The housing market has returned to stability with exchanges up one per cent year on year and the average house price...

30 January 2018

From: Breaking News

Combatting a knotty problem for estate agents

Japanese knotweed, the invasive plant brought over to Britain in the Victorian era, threatens millions of pounds worth of property transactions...

20 January 2018

From: Features

First time buyers 'typically purchase for £5,300 below asking price'

A poll of over 2,500 first time buyers suggests that on average they pay £5,300 less than the asking price -...

18 January 2018

From: Breaking News

Here we go again - another '£1m home' is offered as a raffle prize

As the £1m-plus housing market continues to struggle in most parts of the country, so the use of stunts and gimmicks...

18 January 2018

From: Breaking News

Rightmove claims 9% rise in visits but no rush to market from vendors

Rightmove says its visits so far in January are running over nine per cent higher than the same period a year...

15 January 2018

From: Breaking News

What next for property in 2018?

What a year it’s been! Back in 2016 we had Brexit, a new prime minister, Donald Trump’s election, and so when...

30 December 2017

From: Features

Record 85% of homes now selling below asking price, says NAEA

No fewer than 85 per cent of properties sold for less than the asking price in November, the highest seen since...

22 December 2017

From: Breaking News

Rightmove reveals where homes appreciated most and sold fastest

Rightmove has revealed the top 10 locations outside London where asking prices grew most and where homes sold fastest - and...

21 December 2017

From: Breaking News

A third of homes have asking prices slashed by £25,000 says portal

Asking prices are being cut more heavily than at any time in the past six years says Zoopla.  It says just over...

19 December 2017

From: Breaking News

Rightmove reports largest monthly asking price fall for five years

Rightmove is warning that the asking price of property coming to market has fallen by 2.6 per cent in the past...

11 December 2017

From: Breaking News

Sales activity reached 2017 peak early in the year, NAEA admits

A survey of the housing market in 2017 from the National Association of Estate Agents suggests much of the busiest activity...

05 December 2017

From: Breaking News

Typical home sells £10,623 below original asking price, says portal

The average home in England and Wales now sells for very nearly four per cent under its original asking price - a...

04 December 2017

From: Breaking News

Online agent deposit/conveyancer scheme claims 100% completion rate

Online agency Settled is introducing a deposit scheme which it claims will assist sellers and buyers reach completion faster - and...

29 November 2017

From: Breaking News

Rightmove says sellers over-price and should be more realistic

Sellers have launched "their own sale" in response to the stagnating market by slashing asking prices according to Rightmove - but...

13 November 2017

From: Breaking News

New 'For Sale By Owner' site by-passes agents and charges £65

A new website which completely by-passes all kinds of estate agents and allows vendors to upload details of their own properties...

09 November 2017

From: Breaking News

70 per cent of homes sell for below asking price, says RICS

The Royal Institution of Chartered Surveyors has issued a downbeat snapshot of the current housing market with "subdued sales trends" across...

09 November 2017

From: Breaking News

63% of homes in parts of London on sale for 12 months or more

Garrington Property Finders says some two-thirds of homes in two high-value parts of prime central London have been on sale for...

27 October 2017

From: Breaking News

Teenage online boss says his estate agency is already one of UK's biggest

The 19 year old boss of online agency Doorsteps claims that his website has sold £100m worth of homes, currently lists...

17 October 2017

From: Breaking News

Asking prices show biggest October rise since 2014 says Rightmove

Asking prices have risen by an average of 1.1 per cent or £3,432 in the past month according to Rightmove.  This is...

16 October 2017

From: Breaking News

Rightmove names the UK's happiest place - and it's...

Leamington Spa in Warwickshire has been named as the happiest place to live in Great Britain in Rightmove’s 2017 Happy at...

11 October 2017

From: Breaking News

Vast majority of sellers say local branch staff are key to selecting agent

The vast majority of sellers surveyed by a consumer group say rapport with branch staff in a locally-based office is important...

29 September 2017

From: Breaking News

Market - no sign of the early autumn bounce, warns Rightmove

Rightmove’s monthly price index says the average asking price of homes coming to the market has fallen 1.2 per cent in...

18 September 2017

From: Breaking News

Ombudsman warns all agents over fraudulent computer virus scam

The Property Ombudsman has taken the unusual step of warning all estate and letting agents to act with caution over fraudulent...

15 September 2017

From: Breaking News

Asking prices fall - but that's in line with the seasonal norm

The typical asking price of a home coming on sale has fallen by 0.9 per cent, equivalent to £2,758 - precisely...

21 August 2017

From: Breaking News

Market being hurt by low stock, political uncertainty and tax - RICS

Record low stock numbers, political uncertainty and the aftermath of tax changes are the obstacles hindering the housing market, according to...

10 August 2017

From: Breaking News

Over a third of London homes on sale have cut asking prices - claim

More than a third of the homes in London currently on the market have had their asking prices reduced according to...

25 July 2017

From: Breaking News

Sales Doctor: Winning more instructions part two

As discussed in our previous article, it’s all about the first impression. Once your team have handled that initial phone call...

22 July 2017

From: Features

London’s prime housing market is no longer roaring

Being a leading world-class city comes at a price – they are the most expensive for occupiers and the most lucrative...

14 July 2017

From: Features

Housing market in a period of stagflation claims website

The UK property market has entered a period of stagflation where house price growth is consistently lower than the rate of...

14 July 2017

From: Breaking News

General Election hurt demand and house prices, admits NAEA

The National Association of Estate Agents says the General Election led to a drop in the number of registered house hunters...

28 June 2017

From: Breaking News

Consumer group criticises estate agency industry awards

A consumer group says it is giving what it calls “the top 1,000 estate agents in England and Wales” badges to...

22 June 2017

From: Breaking News

'Sales agreed up, but asking prices down' - Rightmove

The latest Rightmove figures show that the number of sales agreed by agents over the last month is up 7% when...

19 June 2017

From: Breaking News

Great expectations can be a dickens of a problem

Great Expectations was a fantastic novel-cum-social-history written by Charles Dickens, who once lived in my adopted home city of Portsmouth. But these...

17 June 2017

From: Features

Sealed bids: buying agent says process should be more transparent

The sealed bids process - where purchasers submit their final offer by a specific time and date - should be more transparent,...

13 June 2017

From: Breaking News

Should agents list for free and allow vendors to set asking prices?

Two leading voices in the PropTech sector suggest a radical overhaul of agents’ fee structures, saying that neither traditional full service nor online...

02 June 2017

From: Breaking News

'Top High Street agents significantly out-perform onliners' says group

A consumer group which has consistently promoted online agencies says they achieve closer to sellers’ original asking price than the national...

01 June 2017

From: Breaking News

Just eight sales agreed per branch last month as election hits the market

The number of house hunters registered per estate agency branch fell last month to 381 - well down on its figure...

31 May 2017

From: Breaking News

Asking prices up for fifth month in a row says Rightmove

Asking prices of homes coming to the market have now been rising for five consecutive months says Rightmove.  Asking prices rose 2.0...

22 May 2017

From: Breaking News

Should we be concerned by a cooling property market?

News headlines talk more and more about a slowdown in the property market, a drop in house prices and the need...

20 May 2017

From: Features

Average house price growth slowing, official figures show

Official figures from the latest UK House Price Index show that average house prices fell by 0.6% between February and March. The...

17 May 2017

From: Breaking News

Connells Help to Buy complaint informally resolved by ASA

The Advertising Standards Authority (ASA) has informally resolved a complaint made against Connells. The case focused on a Connells Rightmove listing which...

17 May 2017

From: Breaking News

London prices drop but regional markets performing well

Average asking prices in London have fallen, while the majority of regional markets are performing strongly, according to the latest index...

12 May 2017

From: Breaking News

It worked - offer accepted on home after weekly asking price cut

The tactic of reducing the asking price of a retirement apartment by £1,000 per week appears to have worked - the...

11 May 2017

From: Breaking News

Down-valuations and asking price cuts spreading, warns broker

The director of a respected mortgage broker is warning that market sentiment is changing with more down-valuations from surveyors and some...

09 May 2017

From: Breaking News

Vendors shouldn't assume they'll achieve the same price no matter who's selling

Even some of the most successful professionals from other professions fail to grasp the most important point when it comes to...

29 April 2017

From: Features

Consumer group names UK's best performing estate agent

The HomeOwners' Alliance says it has identified what it describes as "the UK's best performing agent" based on how much it...

26 April 2017

From: Breaking News

More price cuts likely in prime London, agency warns sellers

The snap General Election on June 8 adds to uncertainty but does not significantly worsen the market for prime properties in...

25 April 2017

From: Breaking News

Rightmove reports another record high for asking prices

The price of property coming to the market has hit anoher record high, up 1.1 per cent over the past month...

24 April 2017

From: Breaking News

'Stagnating' housing market say surveyors and listings website

The website Home, which monitors asking prices, says prices have rallied strongly in the last month but thanks to growing inflation...

13 April 2017

From: Breaking News

Vendor to cut asking price by £1,000 a week until flat sells

The vendor of a retirement apartment in the West Midlands says he is going to reduce the asking price by £1,000...

10 April 2017

From: Breaking News

NAEA says sales at 10-year high - but most asking prices not met

The National Association of Estate Agents says the number of sales agreed rose to a 10 year high in February. The NAEA...

31 March 2017

From: Breaking News

Stamp duty: A year on and the government has scored an own goal

A year ago, we were days away from the introduction of a 3% stamp duty surcharge on second homes – a...

24 March 2017

From: Features

Franchise firm claims home-based agents could earn £25k pcm

A new recruitment push by franchise agency operation HomeXperts says its agents - who work from home - earn invoiced commissions...

24 March 2017

From: Breaking News

Bigger than expected asking price surge - but market still cooling

The average asking price rise for homes coming to the market in the last month has been a chunky 1.3 per...

20 March 2017

From: Breaking News

Why estate agents need to take compliance seriously

Some big news in the agency world last week won’t have escaped the attention of many in the industry. Last Thursday news...

14 March 2017

From: Sponsored Content

Registered buyers up, property supply down says NAEA

The average number of prospective buyers registered in each branch in January was 425, a 10 per cent rise from December...

28 February 2017

From: Breaking News

Another Rightmove record - 131 million visits last month

Rightmove secured over 131m visits last month, an all-time high for January. The 131m total was some three per cent above January...

20 February 2017

From: Breaking News

Agents blasted by Which? for asking price 'over-valuations'

The consumer body Which? claims that 19 per cent of properties sold in the year to September went for prices five...

15 February 2017

From: Breaking News

Eastern promise! Focus on Derbyshire, Leicestershire and Nottinghamshire

The East Midlands, which consists of several areas including Derbyshire, Leicestershire, Rutland, Northamptonshire, Nottinghamshire, and much of Lincolnshire, has an ancient...

11 February 2017

From: Features

Is building homes in factories the solution to the housing crisis?

The chronic shortage of housing supply in the UK relative to demand has been a national issue for decades. The Government...

11 February 2017

From: Features

Guarantee blue skies! Bad weather doesn’t mean bad photos when you use Doctor Photo

Annoying isn’t it. You take on a stunning property, agree a compelling asking price and your Vendor is desperate to get the...

02 February 2017

From: Sponsored Content

Property Natter: why people crave instant gratification

Instant gratification is nothing new. It’s been around for millennia. It’s an in-built survival instinct for humans – that want, that...

28 January 2017

From: Features

House prices in the East head north on demand from the South

The East of England, which takes in areas from Hertfordshire to Norfolk, has recorded the biggest hike in property prices over...

28 January 2017

From: Features

10%+ prime London price cuts not uncommon says buying agency

Another agency says price reductions of 10 per cent or more are often found in some prime central London areas such...

27 January 2017

From: Breaking News

Instruct agents with largest local share, advises consumer group

Sellers should try to instruct estate agents with the largest local share of the market, even if that means ignoring well-known...

19 January 2017

From: Breaking News

Rightmove traffic since Christmas up 5% on last year

Rightmove’s web traffic between Boxing Day and the end of last week is up five per cent on the same period...

16 January 2017

From: Breaking News

Savills talks of prime London sales 'boost' - but only after price falls

Sales of homes in prime central London improved towards the end of 2016 says Savills - but only after prices were...

06 January 2017

From: Breaking News

Investment firm claims some London asking prices cut 30 per cent

The managing partner of a property investment firm says London residential property values have fallen by 15 to 25 per cent...

04 January 2017

From: Breaking News

Three year record high for proportion of homes sold below their asking prices

No fewer than 84 per cent of homes sold for less than their asking prices last month - the highest number...

23 December 2016

From: Breaking News

Prime London in prolonged phase of stagnation warns estate agent

Becky Fatemi of central London estate agency Rokstone says prime areas of the capital are to suffer a “prolonged phase of...

13 December 2016

From: Breaking News

Rightmove visits up 9% in better-than-expected post-Brexit market

There’s been a fall in the typical asking price of a home on sale of 2.1 per cent according to Rightmove...

12 December 2016

From: Breaking News

Some prime London properties 'now 35% off their peak prices of 2014'

Prominent top end London estate agent Trevor Abrahmsohn says some homes in the higher levels of the market may now have...

07 December 2016

From: Breaking News

High-end market 'toxic' thanks to stubborn sellers, foreign buyers, SDLT

Estate agency Carter Jonas has made critical comments about the high-end housing market, suggesting a combination of factors have created “a toxic landscape”. Rory...

23 November 2016

From: Breaking News

Auction House claims sale within seven hours of winning instruction

Auction House London claims it has sold a £1m property for its full asking price within seven hours of receiving the...

22 November 2016

From: Breaking News

Firm owning two agencies blasts lack of sound advice from agents

A building society that owns two estate agency companies has hit out at what it calls “a lack of sound estate...

17 November 2016

From: Breaking News

Barratt Homes slashes up to 10% off some new London properties

Barratt Homes, the UK’s largest housebuilder, is slashing the asking prices of some of its most expensive London homes by 10 per cent. In...

17 November 2016

From: Breaking News

Overseas buyers 'use Brexit as excuse to seek 10%-plus price cuts'

Knight Frank says overseas buyers are not only benefitting from a significant drop in the effective price of central London properties...

14 November 2016

From: Breaking News

Asking prices dip but no cause for panic, says Rightmove

The asking price of properties newly launched on the market has dipped by 1.1 per cent in the past month says...

14 November 2016

From: Breaking News

Banned - award-winning online agency's fees comparison advert

The award-winning online agency HouseSimple has had one of its advertisements banned by the Advertising Standards Authority. The advert was a poster for...

09 November 2016

From: Breaking News

Stamp duty cuts sale prices of Britain's most expensive homes

The number of homes sold for £1m and above has risen by 12 per cent in the first half of 2016 -...

07 November 2016

From: Breaking News

Greedy sellers' high asking prices blasted by mortgage firm

The average UK property takes 91 days to sell - and that’s down to greedy sellers according to the mortgage arm...

27 October 2016

From: Breaking News

£100,000-plus asking price cuts commonplace in central London

Figures from London data consultancy Lonres show that since the referendum the average price cut on homes across most of central...

26 October 2016

From: Breaking News

Agencies opening, expanding, acquiring - crisis, what crisis?

Despite Brexit and economic uncertainty, there is still confidence from many agencies that are expanding, opening and acquiring even this late...

25 October 2016

From: Breaking News

Buyers hold upper hand across southern England says portal

Available stock levels across Greater London, the east of England, plus the south east and the south west are now 16...

17 October 2016

From: Breaking News

Price-cutting of homes on sale at three-year high says website

A property website monitoring the housing market claims that the propertion of homes cutting their prices whilst on the market has...

13 October 2016

From: Breaking News

Three quarters of homes sold below asking price as supply increases

Three quarters of properties sold by National Association of Estate Agents (NAEA) member branches in August were for less than the...

27 September 2016

From: Breaking News

Asking prices have started to recover since Brexit, reports Rightmove

The average asking price of a property coming to market has started to recover from the dip that followed June's Brexit...

19 September 2016

From: Breaking News

YOPA launches TV ads starring The Village People

Hybrid estate agency YOPA is today launching a nationwide TV advertising campaign starring The Village People, the band best-known for the...

16 September 2016

From: Breaking News

ASA upholds two of three complaints made against Purplebricks

The Advertising Standards Authority (ASA) has upheld two of three complaints against claims made in Purplebricks' TV and website advertising.  The watchdog upheld...

14 September 2016

From: Breaking News

'Hundreds of clients' for controversial agency negotiation service

The founder of a controversial service helping vendors find the ‘right’ estate agency and negotiating its fees says he has had...

25 August 2016

From: Breaking News

Website claims London now has Brexit-inspired 'panic selling' at cut prices

The sales website Home claims that London house prices have dropped an average of 1.2 per cent in the past four...

23 August 2016

From: Breaking News

Brexit prompts slump in buyer numbers to three-year low claims NAEA

Against the trend of some recent market snapshots, the National Association of Estate Agents says there has been a sharp drop...

22 August 2016

From: Breaking News

SDLT surcharge will hit transactions and prices of waterside homes

Knight Frank is warning that it will “take time” for the three per cent stamp duty surcharge to be absorbed into...

17 August 2016

From: Breaking News

Asking prices dip - but it's seasonal, not Brexit, says Rightmove

The typical price of property coming to the market in the last four weeks is 1.2 per cent lower than in...

15 August 2016

From: Breaking News

Brexit: survey says only 50% are confident about housing market

Surveys on housing and Brexit are coming thick and fast - the latest have Haart estate agency reporting a £30,000 price...

10 August 2016

From: Breaking News

What has been the Brexit impact on the housing market so far?

The morning after the EU referendum, and Westminster, Britain, Europe and the world were left in shock at the news that...

05 August 2016

From: Features

Rightmove: Asking prices dip but it's down to summer, not Brexit

Rightmove’s latest house price index, covering two weeks either side of the EU referendum at the end of June, suggests average...

18 July 2016

From: Breaking News

Property auctions market round-up Q2 2016

With a number of agent partner programmes available nationwide, estate agents can often increase business by offering sales by auction, especially...

15 July 2016

From: Features

Over 80% of recent prime central London sales have had price cuts

Buying agent Johnny Turnbull claims that 83.2 per cent of the properties sold in prime central London in the second quarter...

13 July 2016

From: Breaking News

Agents talk up market as Brexit uncertainty starts to recede at last

Estate agents from around the country are reporting only limited damage to business or prices caused by the Brexit result of...

07 July 2016

From: Breaking News

Some regional house price rises now unsustainable says website Home

The property website Home is warning that some regional house price rises are unsustainable. It says that prices in the East of...

23 June 2016

From: Breaking News

Online agency emoov in hot water with advertising watchdog - again

For the second time this month, the Advertising Standards Authority has had to intervene over the wording of an ad from...

22 June 2016

From: Breaking News

eMoov ad banned by watchdog after complaint about three of its claims

The Advertising Standards Authority has banned an ad by online agency emoov after a complaint disputing the duration of a fee...

08 June 2016

From: Breaking News

'Separation' becoming a driving force in the property market

A significant number of properties are coming to market as a result of separations which don't involve divorce, according to a...

02 June 2016

From: Breaking News

Prime Central London market 'lethargic' as EU referendum edges closer

A high-end agency claims that despite prices falling in Prime Central London (PCL), demand was subdued in May due to the prospect...

01 June 2016

From: Breaking News

Property expert says agents have learned their lesson from financial crisis

Property expert and housing analyst Kate Faulkner says estate agents have 'learned their lesson' from the property market slump in 2007-2008. In...

31 May 2016

From: Breaking News

Agency chief says sellers need to be more realistic with their asking prices

The head of one of the country's largest estate agency chains has urged sellers to be more realistic with the asking...

26 May 2016

From: Breaking News

Data firm reveals scale of asking price reductions in central London

Data company Propcision has quantified the scale of asking price reductions on some prime central London properties, with many dropping by...

20 May 2016

From: Breaking News

Rightmove says stamp duty fall-out acts against first time buyers

A modest 0.4 per cent rise in average asking prices over the past month conceals a nasty surprise for first time...

16 May 2016

From: Breaking News

Property Natter – the top five Proptech products

Last time out I spoke about the beginnings of a PropTech revolution, with two major London-based events in the offing over...

13 May 2016

From: Features

How do you protect clients from themselves?

When a potential buyer comes into the office and says they want to view a property on your books, the natural...

29 April 2016

From: Features

Rightmove visits and asking prices both hit record monthly highs

The rush to beat the stamp duty surcharge deadline has pushed average asking prices to a record high according to Rightmove...

18 April 2016

From: Breaking News

London: some areas see a third of homes on sale cut their asking prices

An analysis of homes on sale in every borough of London shows up to a third of properties in some areas...

11 April 2016

From: Breaking News

Team Selection: Choosing conveyancing and financial services partners

Having urged agents to think about the full marketing mix and not just price, we must look at our business relationships...

08 April 2016

From: Features

London agency tries fixed-fees and a contest to lure £1m-plus vendors

We’re used to agents in the provinces having to initiate incentives to attract vendors but the state of the high-end London...

07 April 2016

From: Breaking News

Rightmove visits up 14% as the average asking price exceeds £300,000

Rightmove says the average asking price of a property coming to market in England and Wales has now passed £300,000 for the...

21 March 2016

From: Breaking News

Naivety is a becoming a real headache

The property market is racing ahead, but not everyone who wants to be part of it appears to want to keep...

12 March 2016

From: Features

Statistician claims portals' price indices skewed by 'double-counting'

A property statistician says portals may be inaccurately reflecting prices in some areas because of possible double-counting of properties listed with...

25 February 2016

From: Breaking News

Rightmove names hot-spot where homes typically take 16 days to sell

Rightmove has released market data showing that across Britain the average time it takes to sell a property has dropped from...

24 February 2016

From: Breaking News

A scruffy exterior knocks over £50,000 off an asking price, claims bank

A poor exterior of a property on sale knocks an average £57,600 off the price that a home fetches from fast-deciding...

18 February 2016

From: Breaking News

There's no price premium for homes with south-facing gardens, agents told

Insurance firm Direct Line claims that there is effectively no premium in a home having a south-facing garden.  It claims analysis of...

17 February 2016

From: Breaking News

Another visitor record for Rightmove as portal shows supply on the up

Rightmove’s traffic levels have hit another high with visits in January up nearly 20 per cent on the same month last...

15 February 2016

From: Breaking News

Homes’ horrible histories have little value

Life is getting pretty frustrating for estate agents, and not just because getting houses onto the market is such an uphill...

13 February 2016

From: Features

eMoov changes website wording after complaint over 'price achieved' claim

Online estate agency eMoov has changed the wording on its website after a complaint to the Advertising Standards Authority. The words under...

10 February 2016

From: Breaking News

Honesty pays: £15,000 over asking price for flat that comes with fleas

A two bedroom apartment with an asking price of £125,000 has sold for £140,000 despite - or perhaps because - its...

10 February 2016

From: Breaking News

Mystery surrounds when OnTheMarket house went on the market...

Mystery surrounds exactly when a house used in some of OnTheMarket's TV advertisements actually went up for sale. Estate Agent Today had...

29 January 2016

From: Breaking News

Sellers throwing caution to the wind on prices as supply hits new low

Sellers know there is a shortage of supply of homes on the market and are therefore throwing caution to the wind...

13 January 2016

From: Breaking News

Rightmove enjoys record traffic over Christmas and New Year

Rightmove says it enjoyed record traffic over key Christmas and New Year days for both sales and lettings. Page views on both Christmas...

08 January 2016

From: Breaking News

Prime London prices now average £2.3m but agency warns growth slowing

Prime Central London’s residential values have risen 4.3 per cent over the past 12 months and now average £2.3m per property...

16 December 2015

From: Breaking News

Rightmove says tiny dip now means prices will soar in 2016

Rightmove says the seasonal 1.1 per cent dip in average asking prices coming to market in the past month is the...

14 December 2015

From: Breaking News

Onliner takes a swipe at estate agents who 'lose interest' in vendors' homes

An online estate agency claims it has evidence traditional agents have attention spans “not that much longer” than goldfish when it...

25 November 2015

From: Breaking News

New tool reveals marketing history and prices of Rightmove listings

The new Propcision website says it now has a tool which allows users to see the marketing histories of London properties...

18 November 2015

From: Breaking News

Rightmove starts campaign to push Christmas portal visits

Rightmove has used its latest monthly house price index to launch its bid to push up its visits to record levels...

16 November 2015

From: Breaking News

Most agents don't check vendor-neighbour disputes - claim

An insurance company claims that around 60 per cent of estate agents do not check with their vendor clients about disputes...

10 November 2015

From: Breaking News

Vendor to drop asking price £1,000 a week until flat sells

A Liverpool vendor is putting his one-bedroom home on the market today for £65,000 through a local estate agent - but...

09 November 2015

From: Breaking News

Defunct online agency domain name on sale again - for £50,000

The domain name Houses.co.uk - which we reported last month was for sale for a surprisingly low £3,000 - has had...

06 November 2015

From: Breaking News

A latte and a new home? Agency expands with a cafe branch

An agency that offers both traditional and online sales and lettings services to clients has opened a new office - in...

03 November 2015

From: Breaking News

London agent's £8m 'try before you buy' bid to combat market stagnation

A central London agency has launched a ‘try before you buy’ lettings offer on an apartment being marketed for sale at...

28 October 2015

From: Breaking News

Franchise agency chain expands after £250,000 bank loan

Franchise agency chain HomeXperts is expanding as a result of a £250,000 loan.  HomeXperts has 27 franchisees in England from Thirsk in...

20 October 2015

From: Breaking News

Rightmove says stock famine has pushed asking prices to record high

Rightmove says the average asking price of a home coming to the market has reached an all-time high of £296,549 despite...

19 October 2015

From: Breaking News

Keller Williams franchise agent slams complacent, unimaginative industry

One of the UK franchise holders of US-based Keller Williams has accused this country's agency industry of being "complacent and unimaginative"...

08 October 2015

From: Breaking News

Will there be a £1m average London house price by 2020?

Rightmove says the annual rate of housing asking price inflation in London is now up to 9.5 per cent - and...

21 September 2015

From: Breaking News

Rightmove says biggest September asking price rise for 13 years

Rightmove says the price of property coming to market this month has hit a new national record, up 0.9 per cent...

21 September 2015

From: Breaking News

Gazumping is not all bad news

We’re all familiar with 'gazumping' – most us have been 'gazumped' or indeed been the perpetrators of this practice, for it...

11 September 2015

From: Features

High Street agent cautions against offering 'fixed fee' sales

A High Street estate agent has cautioned others within the industry against being tempted to go down the route of charging...

10 September 2015

From: Breaking News

Online agent changes ad after 'misleading' complaint

Online estate agency HouseSimple has changed the wording of one of its adverts after the Advertising Standards Authority (ASA) received a...

26 August 2015

From: Breaking News

What are you getting out of the market at the moment?

How do you best sum up the current market status quo? Given the specific regional nature of the housing market in...

07 August 2015

From: Features

Stamp duty shake-up transforms agents' asking prices

An analysis of homes on sale six months after the scrapping of the ‘slab’ system of stamp duty has revealed a...

05 August 2015

From: Breaking News

A new twist on the right to buy

Competition is hot among home buyers in my part of southern England to take ownership of properties that come onto the...

24 July 2015

From: Features

Asking prices up, vendors down, Rightmove surging

The average asking price of a home coming to the market has hit a record high for the second month in...

20 July 2015

From: Breaking News

'Virtual open house' flat sells above asking price

The property at the centre of what has been described as the world’s first virtual open house on Facebook has sold...

17 July 2015

From: Breaking News

Rightmove PR coup as it launches another price index

Rightmove, which for many years has published a heavily-publicised monthly monitor of asking prices of homes on sale, is now extending...

15 July 2015

From: Breaking News

High-end central London market in doldrums says some agents

The high-end market in parts of prime central London is in the doldrums because of a glut of £2m-plus homes put...

29 June 2015

From: Breaking News

Market has lowest price reductions for five years says portal

Buyers are finding haggling over house prices increasingly difficult with the typical property currently reduced by just 6.05 per cent from...

23 June 2015

From: Breaking News

Stamp duty is latest worry for prime central London agent

Some agents have recently suggested that the prime central London market is sluggish in the extreme - but now one agency...

16 June 2015

From: Breaking News

Asking prices surge 3% in just one month

The unexpected outcome of the general election has given a shot in the arm to sellers and agents leading to a...

15 June 2015

From: Breaking News

ASA upholds complaints against eMoov

The Advertising Standards Authority (ASA) has upheld two complaints made against online estate agency eMoov.  The first centred around eMoov’s claim that...

03 June 2015

From: Breaking News

Green Upgrades Could Increase Property Values

Search the internet and you will find a multitude of articles claiming that upgrading a property with green improvements can add...

02 June 2015

From: Sponsored Content

‘Mansion tax threat had no bearing over £24m sale’

One of London’s biggest property sales of the year so far completed a few weeks before last month’s election, despite fears at...

02 June 2015

From: Breaking News

Rightmove insists there will be post-election bounce

With some agents squabbling about whether there has been or will be a post-election bounce, Rightmove has come down firmly insisting...

18 May 2015

From: Breaking News

Deposits row: Agent may switch redress scheme

The Brian Cox estate agency, at the centre of a weekend newspaper allegation about £2,000 deposits from buyers, has strongly defended...

12 May 2015

From: Breaking News

Asking prices soar - and so does Rightmove traffic

Rightmove is reporting its highest ever average asking price as a result of a slump in the number of homes being...

22 April 2015

From: Breaking News

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