Archive

Asking prices for typical first-time buyer homes and equivalent rents have risen three times faster compared with the pre-pandemic years, Rightmove...

Prime estate agent John D Wood & Co has marked 150 years in business by opening a new headquarters. It has moved...

A new calculator has been launched to let homeowners compare how much their property has earned compared in a year and...

Almost three quarters of property professionals agree that estate agent pay is too low. A poll conducted by Estate Agent Today found 73%...

Lawyers working on a class action against online agents including Purplebricks have said they will be ready to send a letter...

Homeowners are now earning almost as much from their property as they are from their salary after prices hit new highs. The...

More acquisitions are being predicted at agency franchise group Belvoir. It comes as the listed brand yesterday reported record group revenue of...

John D Wood - which along with Hamptons is regarded as the prime end of the suite of agency brands now...

The latest government house price data has sparked a fear that the market may be heading towards an affordability crisis. The Office...

The LSL Property Services group - which is increasingly focussing activities in the mortgage and personal finance world - has issued...

Those aficionados of the Sound of Music will recognise the tag line above. It came to my mind when thinking about...

There’s been another large rise in fee earnings for Rightmove this morning, as the portal softens the blow by announcing a...

An average home appreciated more in 2021 than its owner will have earned, according to Savills. The agency says that with annual...

The latest house price data from the Halifax shows another absolute record but with a sharply reduced monthly rise indicating a...

The Nationwide has released data listing the most and least affordable locations in Britain - background information for agents. Some entries are...

Fears that the housing market may be seriously damaged by the worsening economy led to share price falls for Rightmove and others...

As 2021 draws to a swift close, there is much speculation about what 2022 will have to offer. Despite the emergence of...

Purplebricks insists there is no basis for a class action legal case over its employment practices which may start this month. A pressure group, Contractors...

High house prices relative to average earnings make raising a deposit a big barrier for first time buyers, a new study...

The head of a small hybrid firm that describes traditional agencies with offices as “antiquated” says property professionals working for corporates...

A new league table of earnings by estate agents, based on basic salary and commission combined, suggests that UK agents earn...

It’s been a busy and arguably fruitful year for the property market, with an eager consumer base pushing forwards with their...

The leader of the organisation proposing a class action against Purplebricks says there’s been a “phenomenal” response to his request for...

New research suggests estate agents earn some of the lowest basic salaries of all sales professions.  Nested, an online agency promoting the...

A claims firm wants to commence proceedings against online estate agency companies such as Purplebricks and Yopa. It's on behalf of thousands...

Agent wages have been in the news this week, with boastful claims from a number of self-employed businesses about the sums...

An estate agent claims he may be the highest paid in the industry this year - and he puts it down to...

An agency says individual agents operating as self-employed can earn up to £64,000 more per year than fully-employed counterparts. Nested says the average UK...

Affordability has always been a hot topic when it comes to the property market, and this is doubly true for first-time...

The Property Franchise Group (TPFG) – the umbrella property brand which incorporates well-known names such as EweMove, Ellis & Co, Martin...

A survey conducted by a bank suggests that over half of the self-employed sector of the economy believes its financial position...

A company says it’s gathering £500m in funding to purchase properties for a “gradual home ownership” scheme - a variation on...

A nationalist party has blasted a Labour government in one national region of the UK for its lack of intervention in...

The chief executive of Purplebricks says he wants to move his agency’s 600 Local Property Experts from self-employed to employed status...

Since 2017, The DPS has used the data we collect to track the rental values of properties across all regions of...

A leading industry personnel expert says agencies must do more to attract new staff, including adapting how they work to compete...

A supplier of virtual viewings claims physical viewings cost £233 of an agent’s time on average - and that’s without fuel...

Like many of you, I have watched a lot of football recently and I’ve enjoyed every minute. It has been an...

Estate agency comparison website GetAgent has calculated the typical fees charged to vendors in different parts of the country. It says agents...

Banks and building societies want the government to offer more help to the housing market through additional assistance to home owners...

The current crisis has led to many of us to re-evaluate our lives to ensure that we put ourselves in the...

Keller Williams now boasts 377 estate agency partners across the UK - agents that have set up and run their own...

With property transactions taking longer than ever and many people operating at capacity, it is easy to overlook the progress made,...

I was not surprised when I came across an industry article recently citing that over half of home buyers never visit...

Yopa has instructed two companies to help with its brand building as it battles with other major online players. It’s appointed M.i. Media...

With just two days to go, it's fair to say the property industry is eagerly awaiting Chancellor Rishi Sunak's Budget statement...

Some 70 per cent of first time buyers in 2020 took out mortgages in excess of 25 years, says the Nationwide. A decade...

The ‘future of residential’ is a huge term to contend with but one that was addressed last week through our RE:Connect...

Fall throughs which could be avoided by Reservation Agreements have cost agency branches an average £10,000 per month. That’s the claim from digital...

After you. No, after you. That is often how innovation seems amongst the real estate elite. And this week I see it...

The soon-to-launch Boomin portal has signed up a national firm and now claims to have recruited 40 per cent of the...

The trend of buyers apparently fleeing the city to get more for their money in the country has hit the buffers...

A Bank of England survey suggests it may be more difficult for prospective buyers to get a mortgage later this year. In...

A new league table drawn up by a property advice website may be the most authoritative yet for first time buyers...

For a number of years now, predictions have been made that one of the major tech giants will eventually enter the...

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

The chief executive of the UK operation of a US-owned brand says his agency its the fastest growing in this country...

A London agency says it’s seen over 30 new agents join its hub franchise operation during the lockdown, taking the total...

A personnel company wants agents to tell them how much they earn in another anonymous online survey. Rayner Personnel - which recently...

The phrase ‘game-changer’ has been hugely overused. But when applied to how Covid-19 is changing the way estate agents will work...

A former Purplebricks chief has become managing director of an agency aiming to be a national brand. Jim Harris - a former training...

During March, the coronavirus pandemic put the brakes on the property market with an enforced period of shutdown. However, almost two...

Rightmove has taken the unusual step this weekend of issuing its usual monthly asking price index on a Saturday instead of...

The second part of a survey which has already thrown up shock results has been launched with an appeal for agents...

Savills has kept in touch with almost 2,000 of its vendors and prospective buyers through two mass webinars. Entitled ‘What COVID-19 means...

Only 33 per cent of agents want to return to working the same way as before the Coronavirus crisis, according to...

A new analysis of the simmering Rightmove crisis says there is now “no clear downside” stopping agents leaving. The Financial Times says that Rightmove’s...

The government has amended the eligibility criteria and will allow some agents' commission payments to be included in claims for Furloughed...

The NAEA and ARLA have jointly written to the government asking it to include agents’ commission in its plans to help those financially...

Chancellor Rishi Sunak has announced new measures to help the self-employed - likely to be welcomed by self-employed estate agents. The Chancellor...

The Chancellor of the Exchequer has announced a sweeping range of financial measures to try to minimise the impact of Coronavirus...

The Atlantic Ocean is a vast space – some 4,000 miles eastwards across from the USA until land is met again....

Rightmove has released another stonking set of results - but there are signs that some agents are defecting from the ever-more-expensive...

An estate agent who has himself made the move from the High Street to a hybrid operation has urged anyone in...

The government has been told that raising the stamp duty threshold would both trigger more house moves, and bring the tax...

After a challenging period for the UK property market, recovery is very much on the cards and the end to uncertainty...

In its latest State of the Property Nation report, which questions over 650 agents and 6,000 consumers, Zoopla says 55 per...

UK estate agents are amongst the worst paid in any country in the world according to new data. Digital marketing firm Yell...

House prices rose 4.0 per cent in 2019 according to Britain’s biggest mortgage lender Halifax, as a December bounce - some...

Annual UK house price growth exceeded one per cent for the first time in 12 months in December according to the...

After a year dogged by Brexit deadlock, political turmoil, and slow growth, estate agents’ confidence in the property market hit a...

Analysts are putting a surprise surge in mortgage approvals from banks down to a spike in applications ahead of the General...

The financial consultancy advising OnTheMarket says the portal company will be in profit by Easter next year. “We now expect OnTheMarket to...

Major UK cities have seen average house price rises of 54 per cent in the past decade - an increase of...

The Australian agent is a very different beast to his or her British counterpart - and it’s not just because we...

It normally costs estate or lettings agents £10,000 to buy a franchise for the online company called The Good Estate Agent...

Recent Zoopla reports stating that first-time buyers are deciding against purchasing one-bedroom flats came as no surprise to me, or I’m...

Being a market leader means staying on top of industry trends. The more aware you are of what's happening in the...

The Australian agent is a very different beast to his or her British counterpart - no surprises there. And it’s not...

The Federation of Independent Agents, the new trade group set up in May, is holding its first conference this week.  The FIA...

‘Workers of the world, unite. You have nothing to lose but your chains’. So is written on the tombstone of the father...

Pressure continued to mount on the government to clearly address the issue of stamp duty as a leading business consultancy suggested...

New figures produced by Zoopla’s research team shows for the first time the huge scale of regional variations in terms of...

A former Local Property Expert and manager at Purplebricks has gone on record to reveal what it was really like to work...

Rising house prices and the gender pay gap means that there is no English region where a single woman on median...

Estate agents are amongst the workers to suffer the worst fall in wages over the past 10 years according to shock...

London and South East England are to see house price falls this year and only “very modest” growth in 2020 -...

An interesting analysis of Rightmove’s performance on the stock market has led to questions about the long-term profitability and viability of...

An analyst on shares website Motley Fool says Purplebricks is not only in surprisingly strong financial health, but is actually outperforming...

The National Audit Office says many users of Help To Buy would have been able to purchase a home anyway, without...

There’s a silver lining to another set of stodgy housing market figures - at least one sector, for those buying their...

Countrywide has this morning revealed that group income is down yet again - it blames continuing Brexit-related problems. It says: “The ongoing...

Labour is proposing two methods of controlling house price rises should it win the next General Election - and the ideas...

This article was originally written for City AM in response to an article it published attacking letting agents. See more here.  A...

Monthly mortgage payments as a proportion of income have dropped to 31 per cent now from 43 per cent a decade...

Zoopla is radically changing its strategy by exploiting the freedom it has under its new private equity ownership. That’s the conclusion of...

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

House price inflation across the UK has slowed to a six-year low of 2.6 per cent thanks to falls in London...

A hybrid estate agency with ambitions to rival Purplebricks has revealed that it has significantly expanded its current footprint, with ambitions...

Almost one in five online sales valuations generated by The ValPal Network over a two-year period resulted in a completion with...

The number of new franchise applicants reported by Winkworth in the first half of the year rocketed 135 per cent -...

For too long the private rented sector has been complacent towards customer satisfaction. In the changing rental landscape, the smartest letting...

Today sees the first of a series of important deadlines which will determine the success of otherwise of Countrywide’s controversial rescue...

The EY ITEM Club, regarded as one of the most influential groups of economists in the UK, says it’s still “dubious”...

In a surprise announcement, house prices picked up in July with the annual rate of growth rising from 1.8 per cent...

Countrywide's share price has dropped sharply following the announcement of the company's rescue plan - but the firm itself says this...

The Financial Times this morning says that Countrywide suffered a failed bond issue earlier this year, forcing it to rely on...

Press speculation suggests that Countrywide’s much-anticipated rights issue will this coming week aim to raise £125m - not just the £100m...

The stock market and at least one City analyst have shrugged their shoulders at the claim by Purplebricks that it is...

  Purplebricks says it enjoyed an 81 per cent growth in revenue in the UK the year to the end of April and...

A decade ago we were still years away from Purplebricks, Countrywide was a colossus in the industry, no one had thought...

Countrywide’s share price has taken a massive hit this morning - down well over 20 per cent - following a surprise...

A study of house price affordability has revealed that train drivers can afford a greater proportion of homes in the UK's...

Who are you and what does it say on your business card? Awais Ahmad - Founder and CEO of Hystreet (I don’t...

House price growth in London has hit a seven year low according to Hometrack, with prices actually down across 42 per...

Countrywide’s 132-page annual report, released today, has given details of the management and restructuring costs incurred by the company during its...

For many estate agents seeking to become entrepreneurs, the idea of starting their own business is undoubtedly daunting, especially when going...

Jefferies - the City consultancy which has in the past worked with Countrywide - has cuts its forecasts for the troubled...

The troubled Countrywide group has this morning revealed its recovery plan to get - in its words - ‘back to basics’...

A 1.0 per cent interest rate rise would add £930 a year to the cost of servicing the average mortgage, according...

City broker Jefferies is warning that Countrywide’s earnings as calculated through the EBITDA measure could drop to as little as £50m -...

Lloyds Bank has revealed a league table of the cities which have seen the highest price growth over the past decade...

The property consultancy Hometrack says London is facing “a drawn-out period during which there will be a slow re-alignment of house...

Data from Hometrack shows that the gap between average earnings and house prices has reached an all-time high in London.  The price...

The notion of a North-South divide in the UK has been around for as long as I can remember – certainly...

The research director of an investment firm which has advised Purplebricks says the “odd detractor” who doesn’t sell their home does...

One of the most thorough analyses of property portals ever undertaken shows that Rightmove is the world’s most profitable portal company...

Countrywide’s share price hit another new low yesterday of around 115.5p - a fall of just over four per cent on...

A company launching later this month, set up by an ex-Chestertons agent, wants to employ over 20 freelance associates who can...

It appears activity in the housing market in 2017 will be around 15% down on 2016. The number of housing transactions...

The average cost of moving home in the UK has increased by £628 over the past year from £10,966 to £11,624...

Government figures suggest house prices are still rising by 5.1 per cent a year, with the average property value in the...

eMoov, the online agency which last month secured an additional £9m funding from investors, has launched a recruitment drive for what...

Purplebricks has released more details of expansion plans to recruit hundreds of additional Local Property Experts. The recruitment drive was launched yesterday...

Foxtons - a company seen by many as a barometer of the London housing market - is likely to face a...

One of the industry’s leading analysts says Countrywide’s figures for the first half of 2017 are likely to be tough -...

Government schemes like Help To Buy, supposedly assisting more people get on the ladder, have little impact on improving social mobility...

Our recent roundtable on the proposed ban on tenant fees generated ten tips for growing a lettings business. We’re exploring each tip in more...

By Wednesday April 19th, a UK citizen, on an average income, had earned £7,789 from their day job so far this...

Forget the popular term ‘housing affordability’ - the latest government figures suggest the real issue may be housing un-affordability. Data from the...

It has been a busy week for investment in PropTech businesses and no doubt you have already got reading fatigue about...

Rightmove has released its figures for 2016 and as predicted they show the portal streaking ahead of all rivals. It reports record...

Agents have given a cautious welcome to the latest index from the Nationwide, suggesting that the annual rate of price growth...

The Keller Williams franchise agency, one of the largest in the world, is relaunching in the UK on Wednesday with the...

The latest assessment of major UK cities’ housing markets by property consultancy Hometrack shows more locations overhauling London in terms of...

There is no doubt that 2016 managed to catch the world by surprise on more than one occassion.  But will 2017 be...

Foxtons has revealed that in the final quarter of last year its revenues were only £26m - down a quarter on...

This is the final Estate Agent Today until Tuesday January 3 2017, so everyone at Angels Media sends all good wishes for...

Home ownership rates among 25-year-olds have plummeted by more than half in 20 years, council leaders have warned.  New analysis for the...

Next year is likely to be a challenging time for letting agents, following a raft of changes introduced by the government...

The latest index from the Halifax shows that prices in the three months to November were 0.8 per cent higher than...

Housing data consultancy Hometrack says the disparity between average earnings and house prices is reaching record levels in certain parts of...

The growing size and scale of the private rented sector is not new news. Headlines shout about the changing profile of...

House prices were unchanged in October according to the latest Nationwide house price index, but a typical home now costs six...

The latest Hometrack cities index suggests that London house prices in the last quarter recorded the lowest growth for 20 months...

It is a tedious fact, but the housing market is underpinned by economic fundamentals. This won’t be a surprise.  However, at a...

House prices fell a negligible 0.1 per cent in the three months to September as compared to the previous quarter, but...

A fantastic exclusive this week as I carry out a question and answer session with one of the leading names in...

House prices dipped 0.2 per cent last month but remain 0.7 per cent higher than three months ago and a full...

Foxtons is reviewing its programme of branch openings in London because of the slowdown in the capital's housing market. In figures released...

Sheffield in South Yorkshire, which was once one of the leading industrial cities in Britain and is still recognised for its...

So we now have a new 'official' index of house prices, and much good may it do us. For the chattering classes...

Worsening affordability caused by a sustained period of higher-than-earnings house price growth, should curb demand and result in a slowdown in...

  Who are you? Carole Marsden   What does it say on your business card? UK Sales Director What attracted you to join SearchFlow?  SearchFlow has...

An investment consultancy has issued a note to investors, advising them not to buy shares in Purplebricks.  Jefferies – the firm which...

The new mayor of London Sadiq Khan has pledged to do all in his power to help make London “better” after...

House prices dipped by 0.8 per cent in April, the first month of the stamp duty surcharge and the period when...

One of the leading financial advice websites in the country has said that Rightmove’s “significant market share” and “insanely high margins”...

The price of a typical home increased by 0.8 per cent in March, while the annual rate of house price growth...

This website recently published a piece ahead of the nationwide launch of our new property platform, Be Street Smart.  It explained how...

There has been a significant acceleration in house prices in Britain’s big cities with lower-priced locations such as Portsmouth, Nottingham and...

Housing market appreciation continued at 4.4 per cent in the year to late January, continuing an eight month run of price...

A letting agency that has been the subject of a BBC investigation and has gone into liquidation in controversial circumstances has...

One of the leading members of the Bank of England's influential Monetary Policy Committee has suggested that the recent fall-back in...

The Nationwide says house prices will rise three to six per cent in 2016, despite the prospect of interest rate rises during...

Britain’s biggest mortgage lender, the Halifax, says the housing market will slow next year with average price rises of four to...

Zoopla Property Group is reporting record figures to the City and claims it has seen “continuous agency growth since May” as...

The Nationwide says house prices have edged up 0.1 per cent in November, reducing the annual pace of price growth to...

The company of City analysts that worked with Zoopla on its floatation says it now senses “a change in climate” around...

House prices edged up by an average 0.6 per cent across the UK last month according to the Nationwide, bringing a...

On Wednesday 21st October future and reality will collide. Back to the Future’s Marty McFly will arrive in the DeLorean to...

First came a Bank of England prediction that the market will strengthen in the autumn; then lenders reported a surge in...

The party's over. It's probably the best double entendre in the world of politics right now. For centre or right-leaning Labour...

Average house prices across the UK increased by 0.3 per cent in August but the annual pace of house price growth...

UK house prices increased by 4.3% in the three months to July 2015, the highest quarterly growth for eleven years, according...

UK average house prices rose 0.4 per cent in July taking the annual pace of change up to 3.5 per cent,...

Harry Hill, the former Countrywide chief executive, has described his old company as “going backwards” following the publication of its half-year...

Lending for house buying is still down compared to this time last year but there are signs that the market is...

Investors’ Chronicle, the Financial Times group magazine for private investors, says Zoopla’s acquisition of price comparison site uSwitch is ‘a creative...