Archive

Data and statistics are never in short supply for those of us working in the property sector.  But one set which really...

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

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

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

As 2024 progresses, I expect to see an increase in the role that estate agents play in local communities. Once perceived...

There has no doubt been many commenting on Chancellor Jeremy Hunt’s recent Autumn Statement held a couple of weeks ago. We...

Agents and sellers are taking an average 5.5% discount on listings to secure a sale, new Zoopla data shows. The portal’s latest...

What a waste. Islington council announced in recent days that it will buy back 310 ex-council houses this winter, to add to...

The average discount to asking price has hit a four-year high as the market swings in favour of buyers, Zoopla says. The...

Fewer sellers are willing to cut their asking prices, Chestertons claims. The agent said vendors in the capital have already priced in...

Asking prices have fallen by the largest level since March 2019 and discounts are at their highest in more than a...

Buyer expectations of price discounts are too high, a prime agent claims. Jo Eccles, founder and managing director of prime London buying...

Properties are taking longer to go under offer but there is no evidence of large discounts on asking prices yet, Hamptons...

The level of sellers accepting an asking price discount of 5% or more has hit a three-year high. Zoopla’s latest House Price...

Agency acquirer Lomond has launched a new benefits and wellbeing platform for its 1,100 staff and pledged to raise £25,000 across...

The housing market hasn’t yet tipped in favour of buyers, new agency data suggests. Figures from 550 estate agency branches across Great...

The prime London property market appears to be finding a new level as sales, demand and prices slide, LonRes claims. Figures from...

The level of agency stock has almost doubled since last year but repricing is on the rise and sales are taking...

The average discount to asking price on a sold property has almost doubled since last July as sellers are becoming ‘more...

Sellers are cutting asking prices by an average 4.5% discount to achieve a sale, Zoopla claims. The figure is the highest for...

Agents are seeing more stock coming to the market but Zoopla is warning about seller expectations. The latest Zoopla House Price Index...

Scammers are “bombarding” homeowners with fraudulent offers on green energy or insulation to allegedly boost their property value and cash in...

Property demand has halved but the slowdown is focused on the previously popular rural and coastal areas, Zoopla has revealed. Higher mortgage...

The major property portals have ruled out cuts and discounts to agency fees amid the cost of living crunch. Estate agents, like...

One in 15 homes formerly sold by agents are returning to the market after the original sale collapsed, new data shows. Analysis...

Prime London discounts are widening and tempting buyers but there are longer term economic risks that could hit the property market,...

Properties that are slow to sell are typically commanding a discount of up to 17% off England’s average house price, research...

Sellers are willing to cut their asking price expectations by as much as £150,000 to attract a cash buyer for a...

Increasing numbers of buyers are gazundering or ‘price chipping’ on their offers to force property sellers and agents into last minute...

In this piece, Nathan Emerson, CEO of Propertymark, discusses how the trade body is working to ensure member agents get the best of...

Homes that agents are putting back on the market after a fall-through are being relisted for as much as £21,000 cheaper,...

Rightmove has been backed to weather the cost of living crisis and a property market downturn. Analysis by investment service Wealth Club,...

Properties are staying on the market for longer and discounts are rising but fall-throughs are not increasing yet, data suggests. Heather Staff...

Industry comparison website allAgents has announced a change of event date for their 2022 Customer Experience Awards Ceremony. It will now be...

New portal Boomin suggests it has “thousands” of agents who have signed up on a paid basis. The portal - which launched almost...

Historic estate agency group Humberts - which was at risk of disappearing entirely just over two years ago - has opened...

A new membership scheme aiming to increase the industry’s energy efficiency credentials is being launched next year by allAgents. The Sustainable Agent...

The market may be soaring in most of the country but there are still locations where significant numbers of properties sell...

A leading estate agency says the government may have to use stamp duty and council tax as incentives to persuade owners...

One in 10 buyers say they will seek to renegotiate on the price of their chosen home if they miss the...

Government leaks ahead of today’s Queen’s Speech suggest a major planning shake-up is set to stop NIMBY objectors to new homes. News...

OnTheMarket says it’s going to increase investment in new products and services, and invest further in ‘internal website development resources’. In a...

A prominent London agency says cash buyers are securing substantial discounts in prime areas of the capital. The biggest cash discount currently...

Here at The ValPal Network, we know that there are other options available when considering to use a valuation tool, so...

New instructions almost doubled across prime areas of London in September compared to the same period a year ago, while the...

OnTheMarket’s latest trading update shows a significant rise in revenue but agency branch membership numbers stalling. Revenue was up 28 per cent...

Rightmove, which recently posted a 37 per cent drop in revenue for the first six months of 2020, has lost almost...

The battle between portals is hotting up again with Zoopla repeating its offer of free listings until January for agents committing...

The Zoopla Rental Market Report, published this week, mentioned a two-speed rental market, but what does that mean? We are seeing two...

Housing Secretary Robert Jenrick has confirmed that the First Homes scheme will provide newly built homes at a 30 per cent...

A housing market snapshot for prime London shows a fall of over half in the number of £1m-plus properties sold so...

OnTheMarket says almost 500 branches have signed up in recent months, entitling their business owners to ‘welcome shares’. Of those branches signing...

The Say No To Rightmove campaign says the portal has merely kicked the fees can down the road, deferring a long-term...

Price discounts are diminishing as the housing market strengthens, according to data from Knight Frank. The average discount to the asking price...

OnTheMarket says in a trading statement this morning that as of May 31 only some 9,000 branches were on paying contracts...

The only story that has come remotely close to pushing coronavirus – and its various knock-on effects – off the top...

A Labour council in London has come out against the government’s plan to offer 30 per cent discounts to first time...

The leader of the Say No To Rightmove campaign says that agents are demanding that there is “no return to full...

Foxtons says it’s furloughed 750 staff and asked high paid staff earning over £40,000 to take a 20 per cent pay...

One of London’s most experienced estate agents says there has been a very significant surge in foreclosure sales in part of...

Where else to start? Since my last Natter two weeks ago, all our lives have changed more than we could ever...

It’s time to draw a line in the sand and condemn our rival portals for their current charging structure. Little will...

An international comparison of how major portals have discounted their charges to agents show Rightmove and Zoopla making “deeper and longer...

While controversy swirls around the approach and motives of the sackings and branch closures at Spicerhaart, other agents are showing how...

A senior figure in the industry has spoken out against the shock sackings and branch closures announced by Spicerhaart. Jon Cooke, chief...

The two major portals have unveiled their discounts and deals for agents facing a dramatic loss of business because of the...

OnTheMarket this morning announced what it calls “a payment support initiative” for those agents paying full-price membership. It’s for three months and...

The stamp duty surcharge for non-resident investment buyers announced in yesterday’s Budget is dwarfed by discounts they receive thanks to the...

Buying agents are making waves about the hit on asking prices suffered by properties that have been flooded or are at...

The government has dismissed a request from the NAEA and ARLA Propertymark to review business rates for agency offices on High...

The HomeOwners Alliance, a leading property consumer group, has now suggested it has some concerns about the government’s First Homes scheme. This...

One of the leading consumer groups has backed the government’s controversial First Homes policy, which aims to give 30 per cent...

Not for the first time, a government policy on housing ends up begging more questions than it provides answers - but...

The government has announced its First Homes scheme - a policy under which it says some new homes will see their...

Coutts has identified areas of London where house prices are still below peak. Although the wealth manager and private bank says there...

Suddenly Brexit Day is nearly here. It may have taken three and a half years from the Referendum but the UK will,...

The Competition and Markets Authority says it wants to send “a strong signal” to the estate agency industry that price-fixing will...

Figures released this morning by data firm LonRes provide the latest evidence of a so-called Boris Bounce with the market improving...

There are reasons to be optimistic that a majority government will improve the housing market, simply by ending political and economic...

A former residential chairman of the Royal Institution of Chartered Surveyors has posed key questions for the government to answer over...

The government has given details of a scheme allowing 30 per cent reductions for what it calls ‘local first time buyers’...

It’s a substantial Tory government for the next five years: what does this mean for estate agents, property and the market? We have...

We recently asked readers for their questions to the portals - the questions they couldn’t really ask their local reps, but...

With Brexit still unresolved, the domestic agenda has been pushed from the headlines by the seemingly overwhelming public and political discord...

The big question for the industry at the moment is the cost and future of portals.  This is especially key for agents...

“Multiple”members of the new trade body, the Federation of Independent Agents, are considering cancelling their subscriptions to Rightmove. FIA founder Graham Lock...

The Property Ombudsman scheme is increasing its fees in January for the first time in six years - and it’s implementing...

The latest market snapshot of prime central London suggests that homes there are now 15.2 per cent cheaper than five years...

The National Audit Office, a spending watchdog, has exposed the government’s Starter Homes policy with a damning critique of its failure The...

Enhanced customer care strategies, relationship-building schemes, cost-cutting measures and new revenue streams can’t help the lettings industry if the fundamental underlying...

A London estate agency chain says It’s seen a 59 per cent surge in the number of its clients who have...

Stories with good news about the prime central London market seem few and far between but the latest figures from B2B...

If you thought - perhaps hoped - that five weeks of prorogued Parliament meant a break from politics, think again: the...

Cluttons has downgraded its forecasts for the housing markets in London and the rest of the UK for the remainder of...

A London estate agency says one of its buyers wants to delay completion until November 1 “just in case stamp duty...

The Housing Secretary says he wants to make home ownership more affordable for first time buyers - which could mean discounts...

Knight Frank says Brexit-related uncertainty has curbed trading activity across all UK residential markets over the last 12 months - and...

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

OnTheMarket has revealed several agents have signed up to the portal on long-term contracts and stopped listing properties on Rightmove. The agencies...

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