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KEYWORD "Banking" - 100 RESULTS
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...

12 March 2024

From: Breaking News

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...

05 March 2024

From: Breaking News

Faster payments make happier landlords

Let's be honest – landlords are the lifeblood of any letting agency. Winning and keeping their business keeps the wheels turning...

09 February 2024

From: Sponsored Content

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...

09 February 2024

From: Breaking News

Client Accounting – what are your options?

The benefits for letting agents to outsource their client accounting is well documented, however with an increasing number of options available,...

31 January 2024

From: Sponsored Content

Mortgage lending to remain weak in 2024

Mortgage lenders are expecting a quieter year for home loans in 2024. Forecasts from banking trade body UK Finance suggest lending for...

28 December 2023

From: Breaking News

Phil Spencer: Good deeds are for all year, not just Christmas!

One of the most heart-warming parts of my job is having the privilege to be the patron of Agents Giving, the...

11 December 2023

From: Breaking News

Why property firms should prioritise open banking in 2024

SmartSearch looks at the importance of incorporating Source of Funds checks into KYC processes It is no secret that the UK property...

29 November 2023

From: Features

CMA seeks feedback on landbanking and planning analysis

The Competition and Markets Authority (CMA) is seeking feedback on two ‘working papers’ that detail its assessment on the use of...

16 November 2023

From: Breaking News

PropTech Today - Three undeniable benefits of utilising integrations within your techstack

Digital transformation is now happening at a monumental pace, and dependence on technology is growing to new heights. In fact, the...

13 November 2023

From: Breaking News

‘Financial pressures’ remain as mortgage arrears rise

Mortgage arrears and claims for repossession are on the rise as official data shows how much homeowners are still struggling in...

10 November 2023

From: Breaking News

Alto customers are integrating with Canopy to save time and level-up their service.

In this interview, Riccardo Dawson, Chief Operating Officer at Alto and Chris Hutchinson, CEO of Canopy discuss the benefits of their...

08 November 2023

From: Sponsored Content

SmartSearch launches innovative new solution to help estate agents and conveyancers detect dirty money

Leading digital compliance firm SmartSearch has launched an innovative new solution to help professionals working within the UK property sector to...

30 September 2023

From: Features

Law firm invests in Scottish brand to boost property presence

Irwin Mitchell has expanded its property practice with an investment in Scotland-based law firm Wright, Johnston & Mackenzie (WJM). The two firms...

19 September 2023

From: Breaking News

Fewer buyers stretching affordability to get on property ladder

Mortgage lending has dropped and buyers are no longer stretching their affordability limits, UK Finance claims. New data from the banking trade...

30 August 2023

From: Breaking News

Lack of digital tools adds to stress of property purchases – claim

UK homebuyers have expressed support for more digital tools to reduce the administrative burden of purchasing a property yet few have...

29 August 2023

From: Breaking News

Transactions plummet to 15 year low according to e.surv

Transactions for the first half of 2023 are at their lowest level since the financial crisis of 2007-09 as a result...

14 August 2023

From: Breaking News

Lloyds raises house price expectations despite mortgage woes

Lloyds Banking Group has issued a slightly more positive house price outlook despite warning of increased pressure on mortgage affordability from...

27 July 2023

From: Breaking News

Banking sector ‘resilient’ to house price shock 

Mortgage borrowers are facing higher costs but banks are ‘resilient enough’ to withstand a 30% fall in house prices, the Bank...

13 July 2023

From: Breaking News

National agency expands Essex presence 

Jackson-Stops has announced the opening of its newest branch in Colchester, Essex.  This follows the launch of the national agency brand’s virtual office...

28 June 2023

From: Breaking News

Outgoing Spicerhaart chair handed special achievement award

Spicerhaart’s non-executive chairman John Spence has received a special achievement award after announcing his retirement from the board after more than...

12 June 2023

From: Breaking News

Agency backer slams ‘outdated housing market metrics’

Toscafund Asset Management chief economist Savvas Savouri has slammed the use of ‘outdated metrics’ when measuring the housing market. The investment firm...

15 May 2023

From: Breaking News

New banking settlement scheme set to ‘fully digitise property transactions’ 

The Bank of England last week announced the completion of Project Meridian, a digital synchronised settlement prototype that aims to digitise...

24 April 2023

From: Breaking News

Agents ‘risking reputation’ by relying on manual AML checks

Agents are being warned that they risk financial and reputational costs by continuing to rely on manual methods of identity verification. It...

30 March 2023

From: Breaking News

Agenda-setting campaign exposes AML loopholes

SmartSearch, the UK’s leading provider of digital compliance, has published an agenda-setting whitepaper to highlight the anti-money laundering shortcomings and sanctions...

25 February 2023

From: Features

Major lender warns of 25% house price drop in ‘downside scenario’

House prices could drop by almost 25% ‘start-to-trough’ or by as much as 40% in severe circumstances, Lloyds Banking Group has...

23 February 2023

From: Breaking News

Lender calls for green Stamp Duty rebate

A senior banking figure has called for Stamp Duty rebates on property purchases to help create greener homes as research shows...

09 February 2023

From: Breaking News

Bad news everywhere - it’s up to YOU to relay the good news

It seems as if optimism is out of fashion right now: just look at the headlines to see what I mean....

03 February 2023

From: Breaking News

 Our Oldest House Price Index - happy birthday Halifax

Readers of a certain age may remember 1983. The Space Shuttle Challenger made its first flight, Neil Kinnock was elected Labour leader,...

14 January 2023

From: Features

‘More work needed’ a year since cladding reform pledges

It’s been a year since Housing Secretary Michael Gove declared that was “morally wrong” that leaseholders should pay to fix unsafe...

11 January 2023

From: Breaking News

Everything You Need To Know About the 2023 Housing Market

New year, old worries: what’s happening in the housing market? We’ve asked experts and collated forecasts, 15 in total. On the one...

07 January 2023

From: Features

Harding Green welcomes second franchisee as its targets three more

Harding Green has welcomed its second franchisee. Benjamin Scrace, who joined the broker model estate agency Harding Green in July as a...

13 December 2022

From: Breaking News

Sales to decline by 23% in weaker mortgage market - claim

The cost of living crisis and rising interest rates will lead to a decline in property transactions and mortgage lending next...

12 December 2022

From: Breaking News

Buyers opt for longer-term home loans amid affordability concerns

Increasing numbers of property buyers are now taking out mortgages with terms of more than 30 years, new figures show. The latest...

08 December 2022

From: Breaking News

Property Jobs Today - the movers, shakers and people in the news

It has been another busy month for job moves in the estate agency sector. Here are some of the latest moves that...

30 November 2022

From: Breaking News

Agents have three months to register unresolved banking complaints with BBRS

Property professionals, including agents, are being urged to make use of a dedicated small business banking dispute scheme before it closes...

21 November 2022

From: Breaking News

AML platform adds open banking technology

Anti-money laundering platform Credas has integrated open banking technology as part of its agent-facing proposition.  Open banking lets consumers securely share their...

07 November 2022

From: Breaking News

Housing Under Rishi - don’t expect much (but be grateful for that)

And…breathe. For a while back there, the only certainty for the housing market was uncertainty. That isn’t to say the election of Rishi...

29 October 2022

From: Features

Q&A with HBSG's Maria Harris - are digital mortgages the future?

With reform of the home buying and selling process as crucial as it's ever been, and disrupters like Coadjute and PEXA...

22 October 2022

From: Features

Homeowners may face 2008-style mortgage strain - warning

The share of homeowners struggling to repay their mortgages could hit the same peak levels of the 2008 financial crisis by...

13 October 2022

From: Breaking News

First-time buyers delaying purchases by two years due to cost of living crisis - claim

First-time buyers are set to wait up to two years longer to get on the property ladder due to the cost...

22 September 2022

From: Breaking News

Lenders warn of drastic drops in mortgage options for buyers

Lower income households and homebuyers could start seeing their mortgage options dwindle as interest rates rise and the cost of living...

09 September 2022

From: Breaking News

 Agents ‘wrongly’ rely on hard copy AML checks

Agents are ‘wrongly’ relying on hard copies of identity documents to verify people’s identities in anti-money laundering (AML) checks, new research...

31 August 2022

From: Breaking News

New easyProperty owner promises 'rapid expansion'

The new owner of easyProperty has promised changes and expansion at the hybrid agent. It comes after Evolve – which acquired easyProperty...

22 August 2022

From: Breaking News

New lender prepares to launch 30-year fixed rate mortgages

A new lender is preparing to enter the mortgage market with long-dated fixed rate mortgages in a move seen by some...

19 August 2022

From: Breaking News

Does it really take a war to improve AML checks?

It’s taken Russia’s invasion of Ukraine for the UK to finally take a much-needed step in the right direction to stop...

13 August 2022

From: Features

How to meet consumer demands in an evolving property market

Thanks to a relentless market, the property market has enjoyed a purple patch over the past few years. But now that...

30 July 2022

From: Features

AML platform secures investment from three major estate agencies

Anti-money laundering (AML) platform Thirdfort has secured funding from three high profile estate agents. Knight Frank, Chestertons and Savills’ proptech subsidiary Grosvenor...

27 July 2022

From: Breaking News

Property firms failing to detect criminal 'ghosts'

Property firms are still failing to make basic anti-money laundering checks (AML), and some may even unwittingly be helping politically exposed...

26 July 2022

From: Breaking News

Property firms failing to adapt AML processes despite Russian sanctions - claim

Up to 70% of property firms have not changed their approach to onboarding new customers since sanctions were imposed on Russia...

28 June 2022

From: Breaking News

Challenger portal adds banking heavyweights to its board

A former chairman of challenger bank Monzo has joined OneDome’s board. Tim Brooke Thom has been appointed as non-executive director of the challenger...

25 May 2022

From: Breaking News

Property Natter – will the challenger banks ever become major lenders?

Many people in recent years will have become familiar with challenger banks such as Monzo, Starling and Atom. Many will have...

14 May 2022

From: Features

Agency heavyweight joins property investment PropTech platform

One of the biggest names in agency has been appointed as chairperson of the board at BidX1, one of Europe’s leading...

21 April 2022

From: Breaking News

Foxtons chief named as head of growing agency network

Lomond Group, which says it is the UK’s fastest-growing estate agency network, has appointed Ed Phillips as its new Group Chief...

08 March 2022

From: Breaking News

Property Natter – meet the blockchain network quietly taking agency by storm

Until a few years ago, you would have been forgiven for not knowing who or what Coadjute was. But the company, founded...

26 February 2022

From: Features

Knowledge is power - why PDTF is a positive step forward for buying and selling

‘Knowledge is power’ goes the old saying, and one variation on that theme is a quote from academic, Robert Boyce, who...

19 February 2022

From: Features

Get ready: Blockchain is coming to a property transaction near you

Imagine a world where you, as an agent, could focus on what you do best. Building and managing relationships, showing properties,...

19 January 2022

From: Features

Agent lashes out against any relaxation of mortgage lending

An estate agency owner who is also a qualified independent mortgage adviser has hit out against the suggestion that lenders may...

09 December 2021

From: Breaking News

Property Fraud - how agents can combat a growing threat

Property fraud is on the rise and early in 2022 agents will have an opportunity to attend a webinar featuring a...

08 December 2021

From: Breaking News

Agents - time to make the switch to EV

The phrase ‘time is money’ is particularly pertinent for estate agents. Since the stamp duty holiday ended, the forecast drop in...

17 November 2021

From: Features

Agent Alert: Rise in property fraud makes data checks vital

An alert has gone out to sales and lettings agents to be more diligent with their checking of data, and to...

22 October 2021

From: Breaking News

CRM software: An essential tool for rental demand

There is no denying that managing properties is labour intensive. As real estate agents you are responsible for administering and addressing...

20 October 2021

From: Features

Foxtons to review policy on ‘furlough bonuses’ for senior management

Controversial London agency Foxtons is to review its policy on top management bonuses. This follows a shareholder revolt at the agency's AGM...

29 September 2021

From: Breaking News

Video interview – is a single PropTech solution the way forward for agents?

In this latest exclusive video interview, EAT’s video reporter Chris Buckler – an agent himself – chats with Peter Grant, chairman of the board at...

25 September 2021

From: Features

PropTech firm backed by Zoopla founder launches AML platform

A PropTech firm backed by Zoopla founder Alex Chesterman has launched a new anti-money laundering (AML) tool for estate agents. Thirdfort has...

24 September 2021

From: Breaking News

Developer land banking ‘myth’ debunked by study, major builders say

A leading planning consultancy has claimed that ‘the myth’ that housing developers are hoarding land after gaining planning consent in order...

23 September 2021

From: Breaking News

PropTech Today - how can tech help the smooth running of tenancies?

There are a huge array of products and services covering the entire journey of lettings, from prospecting all the way through to...

22 September 2021

From: Breaking News

First-time buyers securing mortgages online as bank branches close

First-time buyers are shifting to online-only banks to help get a mortgage. A survey by personal finance website NerdWallet found that with...

21 September 2021

From: Breaking News

Platform - proof of funds vitally important as stamp duty holiday end nears

Being able to show proof of funds in a quick, transparent and simple way is more crucial than ever to keep fall-throughs...

16 September 2021

From: Breaking News

Tenant referencing - how digital should your agency go?

Over the last three years there has been a quiet revolution in the tenant referencing market. Starting with the 2019 tenant...

08 September 2021

From: Features

Lloyds Bank to buy 50,000 homes in coming years

The housing market could be in for a financial boost of an unusual kind as a High Street bank plans to...

20 August 2021

From: Breaking News

Insight - Is The Resi Market About To Turn?

Following a month in which the number of property transactions was the highest since records began, it might seem a little...

14 August 2021

From: Features

Agents’ clarity over leasehold sales backed by Propertymark

Propertymark has welcomed the move by Housing Secretary Robert Jenrick to help make certain leasehold flats more attractive to would-be buyers...

27 July 2021

From: Breaking News

Sir Stelios backs easyProperty agent with no property experience

easyJet founder Sir Stelios Haji-Ioannou has given his personal backing to the newest recruit of online agency easyProperty - even though...

18 June 2021

From: Breaking News

PropTech Today – have we reached peak PropTech?

In the third part of this series, Neil Cobbold – Chief Sales Officer at rental payment automation provider PayProp – explores...

09 June 2021

From: Breaking News

Revealed: how digital innovation is transforming estate agency

The growth of the internet and technology has transformed virtually every aspect of our lives, including how we approach the property...

05 June 2021

From: Features

Is a fully-digital home moving process right for the property industry?

Tech is a fantastic enabler but should never be a complete replacement for the human interactions that add real value to...

29 May 2021

From: Features

How Open Banking will transform the lettings industry

Banking has gone through radical changes in the past few years, in step with technology and the sheer amount we can...

29 May 2021

From: Features

Brexit heightens risks for agents who fail key compliance tests

An assessment by a risk solutions firm shows that estate agents are on average just 53 per cent of the way...

25 May 2021

From: Breaking News

Rightmove Data Security change in new bid to deter fraudsters

Rightmove is to roll-out two-factor authentication within Rightmove Plus to try to protect agents against attempts by fraudsters to steal leads and...

10 May 2021

From: Breaking News

£1m bonus package for Foxtons boss despite huge shareholder rebellion

Controversial Foxtons chief executive Nic Budden is to pocket a bonus package of around £1m - despite a huge shareholder rebellion at...

23 April 2021

From: Breaking News

Zoopla founder has new idea to disrupt how agents buy and sell

The founder of Zoopla has returned to the property market with a new proposal to disrupt how agents buy and sell homes. Alex...

13 April 2021

From: Breaking News

The right PropTech can avert lockdown chaos – and forever revolutionise rental payments

With one of the world’s most successful vaccine rollout programmes under way in the UK, the chances of a complete lockdown...

01 March 2021

From: Sponsored Content

‘Very few new portals can seriously compete with us’ - claim

This time out, I’m in conversation with one of the big three established portals. Since it was founded in 2007, Zoopla...

04 February 2021

From: Breaking News

How can PropTech adapt within an uncertain market?

Ever since the initial ripples of innovation in the 1990s, PropTech has proceeded to reshape our market beyond recognition; going on...

19 December 2020

From: Features

Banking barriers for start-ups and how to overcome them

Start-up letting agents looking to enter the market are finding it increasingly difficult to set up in business as banks point...

19 December 2020

From: Features

Property Jobs Today - 2020’s final look at movers and shakers

Hello - and here we are nearing the end of the strangest of years.  With agents and industry suppliers rushed off their...

14 December 2020

From: Breaking News

What should agents look for in a software provider in 2021?

If this year has taught us anything, it's that estate agents need their software provider and specifically their CRM, to help...

05 December 2020

From: Features

Top 10 things to consider before picking rental payment PropTech

According to the annual Property Week PropTech survey, almost 48% of property businesses had tested new technology because of the COVID-19...

14 November 2020

From: Features

Lettings 2.0 - technology alone isn’t the answer

The UK lettings market is no stranger to technology. But only a few of the early initiatives have remained, and landlords...

07 November 2020

From: Features

How can Open Banking benefit landlords and letting agents?

Letting agents and landlords have faced huge change and uncertainty this year, with Covid-19 the major driver. But even before the...

05 November 2020

From: PropTech & Innovation

Market boom to carry on into 2021 as mortgage lending soars

The housing market boom looks set to continue for some months yet as mortgage approvals for home purchases hit their highest...

30 October 2020

From: Breaking News

Property Natter: why diversification is the spice of life for agents

The property market has bounced back with all of the expected resilience and flexibility that is its hallmark since it reopened...

24 October 2020

From: Features

Six ways innovation is transforming the lettings sector

Tenant enquiries and property viewings unsurprisingly slowed this spring, due to the necessary government restrictions brought in to manage the pandemic....

24 October 2020

From: Features

Book review of ‘Parasite - The Secret Diary of a Landlord’

Book review by Graham Norwood, editor of Estate Agent Today, Letting Agent Today and Landlord Today. If a letting agent wants to...

17 October 2020

From: Features

Agents told off for not being ready for Anti-Money Laundering regs

A security company says it is “disappointing” the estate agency industry is only around 55 per cent through preparations to cope...

09 October 2020

From: Breaking News

It's a record! Latest index reports price rise after buoyant summer

House prices rose again in August to reach a record high level according to Halifax, which is part of the Lloyds...

08 September 2020

From: Breaking News

Letting agents still struggling to open bank accounts

Letting agents are struggling to open new bank accounts and even large established letting agents with a long history of trading...

22 August 2020

From: Features

Coronavirus market impact - house moves down by a third

The number of people moving home dropped by almost a third in the first half of 2020, as the global pandemic...

20 August 2020

From: Breaking News

Covid-19 is speeding up PropTech - what are you waiting for?

What do General Electric, IBM, Microsoft, and WhatsApp have in common? Yes, they are American companies that boasted revenues of $50...

29 July 2020

From: Features

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