Archive

Winkworth has revealed that it has not renewed franchises on offices “where our standards were not being met and results were...

From the uptick in house sales in January to a house price rise the first time in over a year in February,...

Borrowers are currently rolling off relatively favourable two-year fixed-rate deals agreed at the start of 2022, but the pain from higher...

Stress tests are a valuable tool for measuring resilience and the Scottish residential property market was put through a fairly gruelling...

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

Seller confidence has improved in anticipation of the traditionally busier Spring market and interest rate cuts in the months ahead, research...

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

The Spring Budget last Wednesday rounded out to be mostly a disappointment for the property industry, but it was also perhaps...

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

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

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

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

The CEO of leading Scottish property portal ESPC, Paul Hilton shares why a discerning pricing strategy can improve the prospects of...

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

LSL has hailed the benefits of switching to a franchise model for its estate agency brand. A trading update from the company...

The CEO of leading Scottish property portal ESPC shares why a discerning pricing strategy can improve the prospects of your property...

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

Reading the news on Estate & Letting Agent Today every day (as I’m sure you all do, too), there appears to...

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

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

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

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

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

Further adjustments in house prices are needed to match valuations with market expectations, Propertymark has warned. It comes as the agency trade...

The UK and Europe’s “house price correction” isn’t over yet but the market will perform better than expected, a ratings agency...

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

The property industry is no stranger to shifts in the technology landscape. The past year in particular saw rapid growth in technology...

Knight Frank has revised its house price forecasts and said it now expects average values to rise this year rather than...

A record 50% of homes sold in England & Wales last year were purchased following a price reduction, Hamptons analysis has revealed. The...

Landowners seeking to sell their land for development will have to adjust their expectations as the market, the planning system and...

Increasing numbers of auction sales are at risk of failing in 2024 if vendors don’t adjust their expectations, an auctioneer claims. Stuart...

Lower interest rates and real wage growth will halt price falls next year but sales will remain lower, Hamptons has predicted  Forecasts...

Agents have been warned to be wary about the resurgence of Purplebricks. It comes after the online brand was taken over by...

Agents and surveyors are at their most positive about the housing market for the first time since January 2022. The November 2023...

The number of agents reporting listings selling for under asking price has hit its highest level this year as Propertymark warns...

House prices increased for the third month in a row during November but are still down annually, Nationwide data shows. The lender’s...

Asking prices for newly listed homes dropped by the largest rate for November in five years, Rightmove has revealed. The portal’s latest...

The property market’s 18-month “white-knuckle ride” is coming to an end, Tom Bill claims. Speaking on the Guild of Property Professionals’ The...

Most weeks there are stories within the property sector that quietly slip under the radar - but which hold huge significance.  Last...

Proptech – it’s a people thing. It might seem like a strange thing to say but the best of tech is a...

Despite the announcements, the publicity, the guidance and the acres of website information, the most common complaint surrounding house sales is...

The stats on the slowing market are widely known, but a slowdown is by no means doom and gloom – it’s...

Who are you and what does it say on your business card? My name is Jake Gann and my business card says...

Prime London property values are not falling as far as the rest of the market but realistic pricing will be crucial...

UK housing market activity "remains weak" according to the Nationwide. Its latest house price index shows that prices declined 5.3 per cent...

Knight Frank has revised its house price forecasts and now expects a steeper market drop. The agent previously predicted a 5% fall...

Over-valuations and too much reliance on national asking price data is skewing seller expectations, agents claim. The latest Agents MVMT podcast tackles...

LSL has described the transfer of its estate agency business to a franchise model as a success and said it expects...

The average home seller across England and Wales has achieved 97.3% of asking price, a -2.4% drop versus the previous six...

Clive Humby of Dunn Humby (the Mega Minds behind the Tesco Clubcard) declared that "Data is the new oil" in 2006....

Mortgage borrowers now have the greatest choice of home loan products since February 2022, Moneyfacts data suggests. It is a boost for...

The slower sales market has started hitting high-profile agency and property brands. Agency franchise brand Winkworth’s half year results yesterday showed network...

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

House prices fell at their fastest rate since July 2009 last month, according to Nationwide.  The lender’s latest House Price Index shows...

If, like me, you’re an ardent England rugby fan or indeed a fan of rugby in general, you’ll be counting down...

I recently wrote that the long-gestating Renters Reform Bill, finally introduced in Parliament back in May, could be poorly timed, both...

Changes to consumer behaviour usually arrive in waves. Most of the time these waves are small. They drive minimal impact, with...

Experts are warning that the weekend’s better than expected economic news could indirectly hurt the housing market. The UK economy grew by...

The latest Royal Institution of Chartered Surveyors housing market snapshot shows the increasing damage being wrought by high interest rates. The RICS...

Price reductions have reached their highest level in at least nine years according to estate agency Hamptons.   Some 50 per cent of...

The share price of LSL Property Services dropped around 16 per cent at one point yesterday following a profits warning given...

House prices dipped at their fastest rate since 2009 last month, new data shows. The latest Nationwide House Price Index revealed average...

The number of mortgage approvals edged up for a second month in a row during June but remains below 2022’s monthly...

HMRC has recorded the lowest level of UK property sales for the month of June since 2020. The latest property transaction data...

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

Over-valuations remain a factor behind why asking prices haven’t fallen further yet, agents suggest. The latest Rightmove House Price Index for July...

The level of sales agreed has fallen below its normal market trend for this time of year but the “right-priced” properties...

Property market activity has returned to levels last seen in the aftermath of last October’s mini Budget, data from the Royal...

Agents are facing challenges of rising price reductions but fewer listings are being withdrawn and the level of fall-throughs is dropping,...

Price sensitivity and a flight to quality is dominating prime London markets, research suggest. Analysis of second quarter property market activity by...

By adopting a top-notch Customer Relationship Management (CRM) solution, you're not only opening doors to acquiring new customers and nurturing existing...

Fortune favours the brave, as the saying goes. So, when you consider how upfront material information can and does make the...

From valuations to viewings, conveyancing to completions, technology has transformed our sector dramatically and permanently. After comparatively slow beginnings, PropTech really took...

This May, we saw almost twice as many properties listed for sale across the UK than there were in May 2022....

Asking prices have fallen on a monthly basis at this time of year for the first time since June 2017 as...

Homeowners face paying an extra £3,000 for their mortgage next year, new research suggests. Analysis from the Resolution Foundation thintank suggests that...

Two sets of housing data have suggested a declining property market, with further price drops on the horizon. Halifax has recorded the...

Two major agency brands used their annual general meetings (AGM) yesterday to outline a positive view of the property market, with...

High-end estate agency Strutt & Parker says its research points to a sales market recovery underway in some parts of the...

They dropped like a stone - that’s the verdict on property sales from a leading business analyst. Sarah Coles of Hargreaves Lansdown...

In his latest column, property commentator Jonathan Rolande, provides his take on the biggest stories from the past seven days.  For a long...

The phrase ‘customer experience’ is bandied around a lot these days, so much so that it’s sometimes easy to think that...

High borrowing costs and an uncertain economic outlook remaining the main challenges for homebuyers, the Royal Institution of Chartered Surveyors (RICS)...

A coalition of businesses from across the property industry have united to call on the Government to do more to speed-up...

Purplebricks has warned its cash reserves are under threat if its strategic review and sales process isn’t completed soon. A trading update...

Conveyancing software provider Smoove’s flagship agency product has been “paused.” Smoove Start was launched last year, providing a platform for agents to...

The Property Franchise Group (TPFG) has described its sales business as ‘operationally challenging’ for last year despite posting a record financial...

THE PROPERTY market continues to hold pretty firm - despite fears voiced by many that 2023 would herald a crash in...

The property market remains weak but there are long-term signs of stability, the Royal Institution of Chartered Surveyors (RICS) claims. The latest...

Agents are taking almost a month longer to sell homes than last year as the market adjusts to new pricing, seller...

The gap between prime buyer and seller price expectations has widened, estate agents have warned, with the majority of buyers expecting...

Homebuyers should prepare for short-term volatility as mortgage rates are currently being repriced, OnTheMarket chief executive Jason Tebb has warned. Tebb warned...

Some sellers remain optimistic about their price expectations as sales at the top end of the market begin to lag, Rightmove...

Higher utility and staffing costs pushed profits down in Savills’ UK residential business last year. The property and agency brand revealed in...

The Office for Budget Responsibility (OBR) has increased its expectations of a house price decline. The OBR, which keeps an eye on...

The property market looks to have avoided ‘heading over a cliff,’ Knight Frank suggests. Analysis by the agency brand suggests the further it...

The financial regulator has revised its own data on how many mortgage borrowers may face repayment difficulties as it calls on...

A more stable picture of the housing market may be emerging, the Royal Institution of Chartered Surveyors (RICS) has suggested. It comes...

A representative of major Purplebricks shareholder Axel Springer has stood down from the online agent’s board. It comes as the beleaguered brand...

Agents may have been slightly put out by Rightmove reporting a boom in user fees despite a drop in members, but...