Archive

The end of a largely-forgotten mortgage initiative connected with the pandemic could end up derailing the current strong housing market, agents...

A leading agent says the supply of homes coming to the market is still insufficient to match demand. London estate agent Jeremy...

Foxtons’ chairman and longest-serving board member is to stand down at the end of this year at the latest, after a...

The Halifax is reporting a 0.5 per cent monthly drop in house prices, plus a fall in the annual rate from...

In the world of football – very topical at the moment, as we all enjoy the Euros – there is an...

The leading reason for property sales falling through is gazumping, according to new research from Comparethemarket. Over the past year, nearly two-fifths of...

A rush to beat next week’s stamp duty holiday deadline has caused a 200 per cent increase in demand for removal...

An authoritative study on the housing market has shown that the big losers from the pandemic have been first time buyers. The...

A leading agent has been in touch with EAT to vent his frustration at the government for extending most of the...

The policy and campaigns team at Propertymark, headed by Mark Hayward, has been expanded after what it calls “a number of...

Right now it seems that another day means another house price record, an all-time high for transactions, and a conveyancing log-jam...

OnTheMarket’s new chief executive has posted his first full year’s trading figures - and they suggest the portal is making progress...

Figures released from the government show 19,400 people in the real estate sector are still on furlough - suggesting some agents have back...

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

In an industry which is faced with constant changes in day-to-day practices and even more so given the Covid terrain which agents...

A controversial league table of corporate agents’ market share is deliberately excluding Purplebricks and other online agencies.  This is despite Purplebricks this...

Over the next few years, the property sector is set to change for the better – all thanks to PropTech. While the...

Who are you and what does it say on your business card? Christopher Keen and Company Director  What is ‘company name’ and what...

Increasing optimism at the success of the Coronavirus vaccine programme and the relaxation of restrictions have contributed to house prices rising...

House prices are 7.1 per cent above their level a year ago as the boom continues. The latest house price index, from...

Hello and welcome to Agents Do Charity as we are on the threshold of May why not get on to the...

Another major agency group has agreed to repay substantial sums it claimed under the government's Coronavirus Job Retention Scheme, introduced to...

The biggest news story in town this last week – which has brought people who don’t usually like or watch football...

An insolvency specialist is warning that the real estate sector of the UK is seeing more firms in financial distress despite...

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

The veteran estate agent who led criticism of Countrywide’s former management is turning his glare on Foxtons. The London estate agency has...

A leading analyst has told Knight Frank that the end of furlough this autumn is unlikely to kill off the housing...

Foxtons is facing another shareholder revolt over the bonus being given to its chief executive despite taking £7m in state Covid...

It’s 12 years since we opened our doors with the Fine and Country estate agency in Drayton on April 1 2009. The...

Annual house price growth remains strong but it has slowed significantly according to the Nationwide. Prices dropped 0.2 per cent on average...

The Building Societies Association says there’s been a surge in consumer confidence in the housing market following the Budget. Some 37 per...

The events of the last 12 months have potentially shaped the future of our sector for years to come. There has been...

Uncertain market means additional revenue streams are more important than ever The last year has been an uncertain period for many business...

Following the fluctuation of the property market during the UK’s first national lockdown, the industry was given a lifeline by the...

Pressure is building on London agency Foxtons to repay its furlough funding. The company issued an upbeat trading statement on Wednesday; while...

Transactions and house price forecasts for the mainstream housing market are being revised upwards by Savills following the Budget. The new predictions follow an...

The latest house price index from the Halifax suggests the market has softened ahead of the original scheduled end of the stamp...

Rarely do Budgets produce positive sentiments from the agency industry but Chancellor Rishi Sunak appears to have won widespread support for...

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

In a video interview for Letting Agent Today, property professional Chris Buckler speaks to Mike Dawson, Group Head of Sales at...

Much of the agency industry has reacted with delight at the extension of the stamp duty holiday deadline until June. Rightmove estimates...

Labour and Conservative MPs have expressed a unanimous view on their desire to see an extension of the stamp duty holiday...

As part of our third PayProp Special Report on COVID-19 rental arrears in the UK, we surveyed over 600 agents, tenants...

Property commentator Phil Spencer says lockdown - which we know will now last for another six weeks at least, and possibly...

The property market became somewhat fractious during 2020. After receiving a much-needed boost with the promise of stamp duty relief, things...

The Northern Research Group, which has the backing of over 50 Conservative MPs in the north of England, wants the Chancellor...

Revenues for LSL Property Services - owner of Your Move and Reeds Rains - dropped last year by 15 per cent. Although...

Propertymark, the overarching body aiming to bring five different associations (ARLA, NAEA, NAVA, ICBA and APIP) into a single brand, was...

Even the prospect of a stamp duty holiday is not enough to persuade many buyers and sellers to enter the market...

Sir Kier Starmer has told the government it should look again at whether estate agents’ viewings of properties for sale and...

New figures from the Bank of England show that mortgage approvals rose 7.0 per cent in November to reach 105,000 -...

The Chancellor has announced new measures to help businesses in the light of the lockdown announced in the past 24 hours. The...

An estate agency group has launched new franchise business models to help those in the industry impacted by Covid-19. Century 21 UK...

House prices surged in December to post their fastest growth in six years, according to the Nationwide.  Prices rose 7.3 per cent...

The proportion of sales that fell through at the worst point of this year was 52 per cent it’s been claimed. However...

MPs want the government to publish the names of estate agencies and other companies claiming furlough funding. The all-party Public Accounts Committee of...

Many independents will be based in the capital, but given its size and breadth they may get drowned out even more...

The next Budget will be held on March 3 next year - in time for Chancellor Rishi Sunak to change his...

A leading conveyancing sector spokesmen says some mortgage lenders are making the current delays in the house buying process worse. Rob Hailstone,...

It’s that time of year again. Black Friday has been and gone and the run-up to Christmas is well and truly...

Mark Hayward, who was scheduled to retire at the end of this month, is to stay on at NAEA Propertymark as...

Public sentiment over the housing market remains stable despite the Coronavirus crisis and the possibility of a No Deal Brexit. That’s the conclusion...

Property tax rises and falling house prices look as if they are on the way according to the small print accompanying...

Stamp duty breaks have historically done little to help the housing market - and it’s the same now. So says David Hannah,...

Average house prices in Wales have risen three per cent in the past year, despite multiple difficult lockdowns considered more severe...

Chancellor Rishi Sunak has resisted changing any property taxes in the short term, but has used his Spending Review statement to...

Connells Group has announced a major recruitment drive as it looks to create 250 new agents' positions - and it’s launched...

Estate agents can stand out from the crowd and help consumers through lockdown by providing a more secure sales process, a...

With a new President elected and the old one reluctant to move out, this is a good time to see how...

The first monthly market monitor to show activity in the housing market tailing off has appeared - and it says momentum...

Foxtons has announced that its remuneration policy for senior management is to stay unchanged - and it says a voting problem...

What are the best ways for a letting agency to generate additional revenue and stay ahead of the competition? Management fees are...

Chancellor Rishi Sunak has extended the furlough scheme until the end of March. It will continue under the current rules, with the...

Knight Frank is in talks with HM Revenue and Customs to return furlough money as a result of relatively strong trading, notwithstanding...

There’s one key takeaway for agents from the weekend’s announcements on the next England-wide lockdown - the housing market is staying...

We can all agree that the recovery of the property market since May has been outstanding. The latest data from Zoopla...

A leading market analyst says the widespread belief that we are ‘safe’ in our homes may indirectly lead to the recent...

Recent figures emanating from the mortgage and housing market suggest that – since lockdown was ended in mid-May – transaction levels...

The outgoing chief executive of the National Association of Estate Agents is warning that the sales system continues to struggle with...

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

There is no doubting that 2020 has been a challenging year for all industries, with the lettings market being no exception. Following...

Delays across the house buying sector mean those wanting to benefit from the stamp duty holiday need to begin the buying...

Conveyancers are sending a blunt message to estate agents: transactions will take longer than usual and don’t chase us with queries and...

Agents Together, the wellbeing and mentorship service which came into existence earlier this year, is launching what it calls a Redundancy...

A health business is offering a free support package to estate agencies with between three and 100 employees, to help staff...

The only certainty at the moment is ongoing uncertainty. It’s something we’ve got used to in 2020, but it’s still not...

The total Sales Agreed in 2020 so far has overtaken Sales Agreed up to this point in 2019, despite the Coronavirus...

How to stay on top of arrears during a global pandemic Many have speculated, though much of it is anecdotal – how...

A new paper from a think tank warns that many low income owner occupiers risk losing their homes when the mortgage...

An estate agent in Liverpool has adopted the unusual technique of urging vendors to sell now “before prices crash.” Clearly unworried about...

Agents have universally welcomed new Nationwide data showing annual price growth picked up to 5.0 per cent last month - the highest rate...

Franchise network Hunters has recorded strong figures for the first half of 2020 but a trading statement reveals the measures it...

The first leading agency to make a 2021 forecast says the market should be stable next year - so long as...

The Coronavirus Job Retention Scheme, better known as the furlough scheme, was introduced by the chancellor Rishi Sunak in March to...

Chancellor Rishi Sunak has outlined his measures to help agencies and other businesses survive Coronavirus. His announcements - endorsed by both the...

Chancellor Rishi Sunak today reveals his latest measures to help businesses - including agencies, suppliers and other parts of the property...

Despite the recent effects of the Covid-19 pandemic, there is still much opportunity in the market for letting agents to grow...

With the high street open again, and the Chancellor’s temporary stamp duty holiday helping to stimulate the market, estate and letting...

If you’re in any way connected to estate agency all it takes is a quick glance at Facebook or LinkedIn to...

The letting industry has come a long way over the past few years, embracing regulation and taking pride in doing good...

Be proactive, have a plan, and keep prospecting.  After the easing of lockdown measures, it’s safe to say the property market picked...

Record house prices recorded this week by the Nationwide index are set to go higher still according to a leading agent. Nationwide...

A specialist property lender says transactions are being delayed by key staff being furloughed. Gareth Lewis, commercial director of property lender MT...

Who are you and what does it say on your business card? Stewart McRae, Sales Director at CoreLogic UK What is ‘company name’...

With access to finance being such a hot topic at the moment, more and more estate agents are turning to commercial...

A new study reveals that two thirds of property professionals expect a pay rise in the next 12 months, despite Coronavirus and the recession. Of 1,100 professionals questioned...

Hello and welcome to the latest edition of PJT, the industry’s summary of new movers. Of course many agencies are reassessing their...

Agents are being advised to operate an appointments-only system if they have offices with only one person on duty during the...

The latest market snapshot by the Royal Institution of Chartered Surveyors warns the current boom may not continue as government support measures...

It has been three months since the property market was given the green light to reopen. During this time, we have...

Connells Group has announced its trading statement for the first half of 2020 - and its support for its staff is...

The chairman of LSL Property Services - Simon Embley - says he is “increasingly optimistic” about the outlook for the market,...

A law practice says HM Revenue & Customs is launching a probe into companies that have allegedly abused the Coronavirus furlough...

A trading statement from Foxtons this morning reveals that 85 per cent of staff are now off furlough, and that the...

If a week is a long time in politics (an old phrase, for younger readers), then a year is a very long...

Agents have almost unanimously been reporting a big surge in business since the reopening of the housing market, but new figures...

Rightmove says it’s going to reject over £150,000 in payouts from the government's Coronavirus Job Retention Scheme. The portal furloughed 160 employees...

The investment bank UBS says it’s forecasting that Rightmove revenues will be down £53m in the first half of this year. “The...

The ESTAS Group says it will combine its awards events for agents, conveyancers and mortgage brokers in one ceremony in May...

You have to feel for Rishi Sunak - well, at least a little. Leave to one side that he carries more presentational...

Chancellor of the Exchequer Rishi Sunak has announced that there will be no stamp duty on homes selling for £500,000 or...

Mortgage enquiries in June surged to double the rate of the previous month according to the latest halifax house price index. Although...

The property market has been reopen for almost eight weeks now and during that time demand from prospective buyers has soared. Rightmove...

In the first of a series of articles, Emma Vigus, managing director of mio, the estate agent sales progression platform, explores the...

Agents have remained calm in the light of Nationwide’s house price index which shows the first annual fall for eight years...

It may be that by the time you read this it’s all over for Robert Jenrick, the Secretary of State for...

Savills has revealed the measures it has taken to mitigate the impact of the Coronavirus on its activities and balance sheet. The...

There was a big spike in the use of live chat across all agency sectors during lockdown - no doubt spurred...

The chief executive of a property information platform says now is a “dangerous time” to buy or sell homes because of...

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

Who are you and what does it say on your business card? I'm Darren Loftus and it says Commercial Director on...

Estate agents are likely to get through the next five to six months even if the market falls away - but...

OnTheMarket says it still aims to be the number one portal, but the acting chief executive has revealed a far more...

It’s official – the property market is back open for business. Estate agents have started to unfurlough staff and many are...

The managing director of a Winkworth branch is threatening to report a senior member of a nearby Countrywide office to the...

The housing market is set for long-term recovery, despite dips in the road on the way.  That's the message from the latest house...

LSL Property Services has this morning released details of its response to the Coronavirus crisis. All members of its board have taken...

The Covid-19 crisis has forced the UK property industry to rethink the way it operates. With little warning, the pandemic disrupted the...

A survey of sellers by a high-end agency suggests that around a third expect price falls of six per cent or...

The outlook for the housing market is still taking shape, but here I take a look at three market indicators to...

Last week was Mental Health Awareness Week, and there is a great deal of positive things to be said about a...

The Say No To Rightmove campaign is to release a set of options for member agents to consider if the portal...

The government is jeopardising the success of the housing market relaunch through the inflexibility of the furlough scheme, claims a group...

The Chancellor has revealed how he will wean businesses off the Coronavirus Job Retention Scheme - meaning that agencies and suppliers...

The Royal Institution of Chartered Surveyors has revised its Anti-Money Laundering guidance in the light of Coronavirus. It says the scale of...

** This Bank Holiday Monday both Estate Agent Today and Letting Agent Today look at how agencies have modified offices and protocols...

Outsourced communications provider Moneypenny has launched a new facility called Client Services for agents resuming business. Moneypenny’s 80-strong team of receptionists can...

The Bank of Ireland UK is the latest mortgage lender to resume physical valuations of properties in England, subject of course...

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

Foxtons - which has recently closed branches and furloughed staff - has described a shareholder rebellion over senior management bonuses and pay...

The fallout from Covid-19 has hit everyone hard. With breaking news today that agents are able to look at how to...

The announcement by the Chancellor of the Exchequer that he was extending the furlough scheme until the end of October appears...

The Chancellor has announced that the furlough scheme is to be extended until the end of October. He made the announcement in...

There's widespread expectation that Foxtons’ senior management will face sharp criticism at the company’s Annual General Meeting today. The hottest issue at...

There’s a warning today to agency chiefs to keep in touch with their staff as lockdown eases across England in a...

There has been much speculation about when agents will be allowed back to work, and what the new office working environment...

In normal times, the Winkworth team based at their Notting Hill office in west London would head to the fashionable Walmer...

Fine & Country is one of those clever agencies employing interior designers to help stage properties, making them look their best...

Three more property players have been in touch to share what they're doing to help their staff during lockdown - there...

NAEA Propertymark has made a series of demands on the government in the light of the Coronavirus crisis.  In a formal written...

The Say No To Rightmove campaign has launched a countdown clock on its website to galvanise agents into remembering only 85...

“A lot of people have learned that they can work at home, or that there’s other methods of conducting their business......

Since my last column in April, one could argue that very little has changed for agents in terms of the market...

Countrywide’s senior staff earning over £45,000 per year have had their pay cut by a fifth while some 78 per cent...

The Haart estate agency chain has launched a portal called Off Market which it describes to sellers as being “a unique...

OnTheMarket’s share price dropped again yesterday, ending down 2.4 per cent. This was despite the portal announcing a share giveaway to encourage new agents...

PropTech big names Reapit and ViewMyChain are joining up to try to accelerate transactions when the lockdown finally ends and the...

If there are agents still uncertain as to whether their company or themselves as individuals are claiming the maximum business support,...

We are all operating in peculiar times. Times of great upheaval. Our lives are both in a complete state of flux...

Today is the final day that agencies can register with the government scheme offering furlough pay on April 30. The furlough programme...

Foxtons' Annual General Meeting next month is to be held virtually, meaning voting will be electronic. A feature of last year’s AGM...

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...

One of the industry’s top recruitment gurus wants to check the pulse of the industry - and that includes whether furloughed...

Let me start by wishing everyone well in these uncertain and precarious times. I truly hope you, your families, friends and...

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...

A high number of agents across the country have been furloughed in recent weeks and are now at risk of losing...

OnTheMaket has this morning announced a raft of what it calls ‘mitigating measures’ to help it survive the Coronavirus crisis. These include...

Hello, and welcome to Wednesday’s guidance and advice for agents and suppliers trying to find a way through the current crisis. If...

Knight Frank is furloughing agents and other staff with the company topping up the taxpayers’ funding to ensure employees get 100...

We are still living in highly extraordinary times, perhaps evidenced best by the fact that the Prime Minister, Boris Johnson, was...

You know the old saying - a dog is an agent’s best friend?  Well that’s clearly true for this trio of agencies...

One of the first analyses of portal listings since the start of the Coronavirus crisis shows that new listings have plummeted...

Hello and welcome to Wednesday’s update on what offers and advice are available to agents at this most difficult and challenging...

On April 4, EAT published a piece titled: ‘It’s 2024: what will the industry look like, post corona-virus’. To me, this...

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...

Industry operators who receive dividends as part of their monthly income are pressing the government to include this in its financial...

Staff and senior management at a large franchise company running a string of major High Street agency brands are taking voluntary...

One of the biggest issues for agencies at the moment is furloughing - a safety net being offered by the government...

Welcome to the latest edition of our daily service dedicated to advice and guidance on how agents can best cope with...

In response to the current coronavirus pandemic, which is having such an impact on all parts of life, including the property...