There is no doubt that the residential market in the UK slumped last year. Transactions were at around 1 million, whereas...
Archive
![Billionaire buyers worried about prime London purchases under Labour - claim](/upload/images/shutterstock_1438959695.jpg)
Competition from Dubai and concerns about taxation under the new Labour Government have led the world’s super-rich to spend less and...
16 July 2024
From: Breaking News
![Reapit webinar to coach agents on how to unlock profitability](/upload/images/shutterstock_1545205661.jpg)
The UK sales and lettings markets are in a state of flux, but an upcoming webinar from Reapit, the leading technology...
13 July 2024
From: Features
![RICS: 'Sales expectations rise with General Election out the way'](/upload/images/shutterstock_62980678(1).jpg)
Sentiment about sales volumes among surveyors and estate agents is at its most upbeat level for more than two years and...
11 July 2024
From: Breaking News
![RICS Warns Agents - Election Now Hurting Buyer Confidence](/upload/images/Election%20housing%20.jpg)
The latest residential market sentiment survey from the Royal Institution of Chartered Surveyors suggests confidence in the housing market is beginning...
13 June 2024
From: Breaking News
![‘Less transactional’ services boost Savills](/upload/images/Shutterstock-only%20images/Property%20Market/House_pound-400x310.png)
Savills’ “less transactional” services have boosted its performance so far this year amid a slower property market. A trading update from the...
16 May 2024
From: Breaking News
![Price expectation gap risks widening – claim](/upload/images/Shutterstock-only%20images/Property%20Market/HousePrices_balancing-400x310.png)
The gap between the price a seller wants and what a buyer is willing to pay is at risk of widening,...
19 March 2024
From: Breaking News
![Savills: Property market appears to be past “peak uncertainty”](/upload/images/Shutterstock-only%20images/Property%20Market/Forecast-400x310.png)
Savills has claimed most of the property markets It operates in are past “peak uncertainty” after posting lower revenues and profits...
15 March 2024
From: Breaking News
![RICS: Agency stock has hit a three-year high but short-term price falls remain likely](/upload/images/shutterstock_200541344.jpg)
Estate agency stock has hit the highest level since February 2021, new figures from the Royal Institution of Chartered Surveyors (RICS)...
14 March 2024
From: Breaking News
![Analyst: Don’t assume the housing market will be healthy throughout 2024](/upload/images/shutterstock_250676278.jpg)
A drop in house prices remains likely for 2024 despite recent rises and improving sentiment. The latest Halifax house price index showed...
12 February 2024
From: Breaking News
![RICS: Property market is turning positive](/upload/images/Shutterstock-only%20images/Property%20Market/Housing_Market-400x310.png)
Homebuyer and seller activity has finally started to turn positive, according to the Royal Institution of Chartered Surveyors (RICS) suggests. The latest...
08 February 2024
From: Breaking News
![Real estate dubbed most distressed sector - warning](/upload/images/Shutterstock-only%20images/Property%20Market/HouseMarketConfusion-400x310.png)
The European property market is the most distressed sector, new research suggests. The latest Distress Index, from restructuring firm Weil, has warned...
06 February 2024
From: Breaking News
![French fancies! Luxury agent opens new offices in south of France](/upload/images/Shutterstock-only%20images/Rental%20Market/AgentHouseInHand_400x310.png)
Beauchamp Estates has opened two new offices in the south of France. The prime luxury agent is now located in the luxury...
24 January 2024
From: Breaking News
![RICS: Lower mortgage rates are reducing housing market negativity](/upload/images/Shutterstock-only%20images/Property%20Market/MortgageCalculated1_400x310.png)
Negative outlooks appear to be reducing amid property professionals as falling mortgage rates filter through to the housing market, according to...
18 January 2024
From: Breaking News
![Savills: £5m-plus market slowed in 2023](/upload/images/Shutterstock-only%20images/Property%20Market/Housing_Market-400x310.png)
Momentum within London’s £5m-plus residential market slowed in 2023, according to Savills, but sales remain well above the pre-pandemic average. Research across...
18 January 2024
From: Breaking News
![London agent unveils expansion plans](/upload/images/Shutterstock-only%20images/Property%20Market/BusinessTeam-400x310.png)
London agent Maskells has expanded further into the capital. Having opened its second office in Kensington and Notting Hill in 2021 to...
09 January 2024
From: Breaking News
![What market crash? Super-prime sales hit record high](/upload/images/Shutterstock-only%20images/Property%20Market/1-HousePriceRising.png)
Home sales and house prices may have struggled in 2023 but more affluent buyers and sellers may not have noticed. Analysis by...
29 December 2023
From: Breaking News
![RICS: Property professionals are becoming ‘cautiously’ positive](/upload/images/Shutterstock-only%20images/Property%20Market/AgentsWorking-400x310.png)
Agents and surveyors are at their most positive about the housing market for the first time since January 2022. The November 2023...
14 December 2023
From: Breaking News
![‘Subdued picture’ remains for housing market - claim](/upload/images/Shutterstock-only%20images/Property%20Market/HousePriceChange.png)
House price falls could continue into 2024 as high interest rates continue to make it difficult for homebuyers to transact, an...
10 November 2023
From: Breaking News
![Could OnTheMarket takeover finally challenge Rightmove?](/upload/images/shutterstock_1929459086.jpg)
The potential takeover of OnTheMarket (OTM) by US property giant CoStar Group could finally provide a viable challenger for Rightmove, it...
20 October 2023
From: Breaking News
![EPCs not the sole driver of house prices](/upload/images/1%20EPCx400x310.png)
As the Governor, Andrew Bailey, announces his plans to install heat pumps at the Bank of England, we are increasingly hearing...
22 July 2023
From: Features
![RICS: Mortgage rate rises ‘clearly visible’ as property market activity drops](/upload/images/Shutterstock-only%20images/Property%20Market/HousePrices_balancing-400x310.png)
Property market activity has returned to levels last seen in the aftermath of last October’s mini Budget, data from the Royal...
13 July 2023
From: Breaking News
![Savills: Price-sensitive buyers returning to ‘best in class’ £5m-plus homes](/upload/images/Shutterstock-only%20images/Property%20Market/PropertyNews2-400x310.png)
London’s £5m-plus residential market is back in business after a slow first quarter, according to new analysis from Savills. The agent does...
13 July 2023
From: Breaking News
![House prices drop for first time since 2012 and more will follow - Halifax](/upload/images/shutterstock_1274515549.jpg)
Two sets of housing data have suggested a declining property market, with further price drops on the horizon. Halifax has recorded the...
08 June 2023
From: Breaking News
![Savills boosts Portuguese presence](/upload/images/shutterstock_1655258404.jpg)
Savills has expanded its international presence with the acquisition of Predibisa in Portugal. The residential and commercial real estate company has 30...
05 June 2023
From: Breaking News
![AI property due diligence platform to enter residential market](/upload/images/Shutterstock-only%20images/PropTech/PropTech3-400x310.png)
An artificial intelligence-powered property due diligence platform that is popular in the commercial market has raised £7.5m to help expand into...
23 May 2023
From: Breaking News
![Agency stock rises as demand and sales drop - RICS](/upload/images/Shutterstock-only%20images/Property%20Market/PropertyStats-400x310%20(1).png)
High borrowing costs and an uncertain economic outlook remaining the main challenges for homebuyers, the Royal Institution of Chartered Surveyors (RICS)...
11 May 2023
From: Breaking News
![The Property Franchise Group posts record results for 2022](/upload/images/Shutterstock-only%20images/Property%20Market/HousingMarket_400x310.png)
The Property Franchise Group (TPFG) has described its sales business as ‘operationally challenging’ for last year despite posting a record financial...
18 April 2023
From: Breaking News
![The Italian job! Savills expands European presence](/upload/images/Shutterstock-only%20images/Property%20Market/BusinessChain-400x310.png)
Savills has strengthened its European residential network with the acquisition of real estate company Beliving in Italy. Founded by Danilo Orlando in...
04 April 2023
From: Breaking News
![Savills expecting ‘challenging’ first half for 2023](/upload/images/Shutterstock-only%20images/Property%20Market/PropertyStats-400x310%20(1).png)
Higher utility and staffing costs pushed profits down in Savills’ UK residential business last year. The property and agency brand revealed in...
17 March 2023
From: Breaking News
![RICS highlights ‘tentative signs’ of recovery in buyer demand](/upload/images/Shutterstock-only%20images/Property%20Market/HousePrices_balancing-400x310.png)
A more stable picture of the housing market may be emerging, the Royal Institution of Chartered Surveyors (RICS) has suggested. It comes...
09 March 2023
From: Breaking News
![Winkworth aims to unlock new homes opportunities in London and beyond](/upload/images/Shutterstock-only%20images/Property%20Market/shutterstock_1325564924.jpg)
Winkworth is expanding its operations to focus on land and new homes opportunities across London. Dominic Agace, chief executive of Winkworth, said...
02 March 2023
From: Breaking News
![Property Jobs Today - the movers, shakers and people in the news](/upload/images/PtopertyJobs%20Today.png)
It has been a busy start to the year for job moves. If you want your jobs or appointments news to feature...
31 January 2023
From: Breaking News
![Homeowners weighing up moving or improving to go green](/upload/images/Shutterstock-only%20images/Energy%20and%20Green%20Homes/EnergyEfficiencyPlanning-400x310.png)
Making homes more energy efficient or moving to properties that have already been improved is becoming a key focus for homeowners,...
24 January 2023
From: Breaking News
![Savills set for 'challenging' start to 2023](/upload/images/Shutterstock-only%20images/PropTech/PropertyFind1-400x310.png)
The first half of 2023 will be more challenging than last year but the performance of the prime residential markets should...
13 January 2023
From: Breaking News
![RICS: National property market has turned ‘consistently negative’](/upload/images/Shutterstock-only%20images/Property%20Market/DemandDown-400x310.jpg)
Buyer demand, new instructions and agreed sales all continued falling in November, according to a downbeat update from the Royal Institution...
08 December 2022
From: Breaking News
![RICS: Housing market continues to stall](/upload/images/Shutterstock-only%20images/Property%20Market/NewBuild-3-400x310.png)
The Royal Institution of Chartered Surveyors (RICS) has warned of a further weakening of the property market as buyer caution increases. The...
10 November 2022
From: Breaking News
![RICS: ‘Storm clouds are visible in the housing market’](/upload/images/Shutterstock-only%20images/Property%20Market/PropertyNews3-400x310.png)
New research from the Royal Institute of Chartered Surveyors (RICS) has highlighted further lost further momentum in the housing market during...
13 October 2022
From: Breaking News
![Agency property supply hits new low as demand drops - RICS](/upload/images/Logos/RICS-logo400x310.png)
Agency stock has hit a new low as surveyors report falling instructions and a drop in demand. The latest RICS Residential Market...
08 September 2022
From: Breaking News
![Analyst: Three things Purplebricks must do to boost investor confidence](/upload/images/Logos/Purplebricks-2019Logo-400x310.jpg)
A prominent analyst has suggested three ways Purplebricks could boost investor confidence and contend in a recessionary market. Davy Research released an...
23 August 2022
From: Breaking News
![Knight Frank - PCL sales market gains momentum as overseas travel returns](/upload/images/Locations/PrimeLondonHousesArc-400x310.jpg)
Global property firm Knight Frank has revealed the pipeline of transactions in prime London residential markets grew further in July as...
08 August 2022
From: Breaking News
![RICS: Agents achieving above asking price sales despite cooling market](/upload/images/Logos/RICS-logo400x310.png)
New instructions and buyer demand have stumbled again but agents are still managing to sell existing stock above asking price, the...
14 July 2022
From: Breaking News
![RICS: No signs of a slowdown in house price growth yet](/upload/images/Logos/RICS-logo400x310.png)
The limited amount of property stock continues to push up house prices despite cost of living concerns, surveyors claim. The latest RICS...
12 May 2022
From: Breaking News
![Property supply rises for first time in 12 months - RICS](/upload/images/library/HousePrices400x310.jpg)
The supply shortage may be coming to an end. That is the view from the latest RICS Residential Market Survey. The research among...
14 April 2022
From: Breaking News
![Prime agency marks £50m of sales in first year](/upload/images/Prime%20agency.jpg)
The creator of a local social network app acquired by US company Nextdoor is marking a year in prime estate agency...
14 April 2022
From: Breaking News
![Upbeat results from agency group despite forecast of transactions slump](/upload/images/library/PropertyTransactionsConcept-400x310.jpg)
The LSL Property Services group - which is increasingly focussing activities in the mortgage and personal finance world - has issued...
16 March 2022
From: Breaking News
![Foxtons confirms sale move and reports big rise in revenue](/upload/images/library/Foxtons-logo400x310.png)
Foxtons has confirmed its intention to sell the sales side of Douglas & Gordon, the London agency chain it acquired only...
27 January 2022
From: Breaking News
![Market Boom - Big revenue rise for LSL despite conveyancing delays](/upload/images/library/Conveyancing400x310.png)
A trading statement this morning confirms a large revenue rise for LSL Property Services. Group revenue increased by around 23 per cent last...
27 January 2022
From: Breaking News
![Super-rich buyers return to London as Covid subsides - Savills](/upload/images/Housing%20Market%20%26%20Property%20Images/london-property400x310.png)
London’s super-prime residential market has recorded its strongest year since 2013, according to high end agency Savills. In total, there were 522...
17 January 2022
From: Breaking News
![House prices could grow up to 35% by 2025 says leading agency](/upload/images/Seasonal%20%26%20Holidays/2022Plans-400x310.png)
A leading agency predicts that prime central London house prices, so long in the doldrums throughout the pandemic, will bounce back...
09 November 2021
From: Breaking News
![Booming opportunity: how technology can empower finance teams to do more](/upload/images/Housing%20Market%20%26%20Property%20Images/MillennialAgents-2020-400x310.jpg)
In this op-ed, Warwick Haycock, accounting software specialist at The Access Group, looks at how the use of tech can empower...
30 October 2021
From: Features
![Foxtons appoints former Hamptons man following 'investor pressure'](/upload/images/Logos/Foxtons-logo400x310.png)
Following speculation overnight, Foxtons - one of London's leading and most high-profile agencies - has this morning announced the appointment of Nigel Rich CBE...
17 September 2021
From: Breaking News
![£100m price tag as London agency chain put up for sale](/upload/images/Logos/Chestertons-logo400x310.png)
Chestertons, the London high-end estate agency chain, is reported to be looking for a buyer. Sky News says it’s hired Deloitte, the...
02 September 2021
From: Breaking News
![Insight - Is The Resi Market About To Turn?](/upload/images/Housing%20Market%20%26%20Property%20Images/HousingMarket-1-400x310.jpg)
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
![Fixflo and MRI – A shared philosophy makes for a strong partnership](/upload/images/Housing%20Market%20%26%20Property%20Images/House%20with%20Key.jpg)
Guided by our philosophy of being open and connected, at MRI we are constantly evolving and developing relationships and partnerships with...
11 August 2021
From: Features
![Market tectonics: will activity shift from sales to lettings?](/upload/images/Housing%20Market%20%26%20Property%20Images/HouseSearch-400x310-min.jpg)
The stamp duty holiday came and went with much fanfare. For many buyers it represented a rare opportunity to make some...
31 July 2021
From: Features
![Super-rich buyers coming back to prime London - Savills](/img/default/eat.png)
London’s super prime residential market has recorded its strongest half year in volume and value terms since the rush to beat...
26 July 2021
From: Breaking News
![Property Jobs Today - the movers, shakers and people in the news](/img/default/eat.png)
Welcome to the start of another week and as the housing market continues at full pelt, so does the movement of...
21 June 2021
From: Breaking News
![That’s Rich! London’s most expensive properties show sign of recovery](/img/default/eat.png)
London’s super prime residential market shows signs of recovery with more £5m-plus sales recorded in the first four months of 2021 than...
12 May 2021
From: Breaking News
![Is London’s market back in business and swinging in favour of buyers?](/img/default/eat.png)
London’s residential market appears to be showing renewed signs of life thanks to the rollout of the government roadmap and vaccine...
19 March 2021
From: Breaking News
![Revealed: what are the latest rental trends as we move through 2021?](/img/default/eat.png)
As we move towards the one-year anniversary of the beginning of the first lockdown, it is a good time to reflect...
13 February 2021
From: Features
![PropTech Today: Five sessions from RE:Connect you need to watch](/img/default/eat.png)
The ‘future of residential’ is a huge term to contend with but one that was addressed last week through our RE:Connect...
13 January 2021
From: Breaking News
![Warren Buffett’s estate agency launches UK television ad campaign](/img/default/eat.png)
The UK outlet of Warren Buffett's estate agency empire is launching its first TV advert in this country. Berkshire Hathaway HomeServices Kay &...
08 January 2021
From: Breaking News
![Capital Gains Tax hike may LOSE money, says investment chief](/img/default/eat.png)
A leading property consultancy is suggesting that a possible increase in Capital Gains Tax could end up losing money for the...
10 December 2020
From: Breaking News
![Allow sales that have exchanged to have stamp duty holiday - call](/img/default/eat.png)
A law firm wants the government to agree that properties that have exchanged but not yet completed can definitely benefit from the...
13 November 2020
From: Breaking News
![Boost for Foxtons as sales improve - but revenue still down on 2019](/img/default/eat.png)
A trading statement from Foxtons this morning provides a rare piece of good news for the troubled London agency. It says business...
29 October 2020
From: Breaking News
![How can agents work with property price data and indices?](/img/default/eat.png)
Staying on top of the numbers and figures in a constantly changing industry can be stressful. Changing property prices can be...
27 October 2020
From: PropTech & Innovation
![Property Jobs Today - latest movers into and across our industry](/img/default/eat.png)
It’s a tough time for agents and our stories show a disturbingly high number of branches closing - but there are...
06 July 2020
From: Breaking News
![Stamp Duty Holiday? Momentum builds as law firm joins the call](/img/default/eat.png)
A property law firm is the latest to back a call for a stamp duty holiday to help kick-start the housing...
24 April 2020
From: Breaking News
![Government told: Housing market needs stamp duty holiday to recover](/img/default/eat.png)
The government has been called upon by one of the industry’s most respected bodies to announce a stamp duty holiday to...
09 April 2020
From: Breaking News
![Countrywide loses two-thirds of market cap in just two days](/img/default/eat.png)
Countrywide shares fell by just over 30 per cent yesterday as the stock market blood-letting continued for property stocks. The value fell 30.86...
18 March 2020
From: Breaking News
![Decision day over Countrywide’s commercial sell-off](/img/default/eat.png)
Countrywide's senior management has won overwhelming backing from shareholders for its strategy of selling its commercial arm and consoliating its shares. Earlier...
27 December 2019
From: Breaking News
![Cash-strapped Countrywide sells commercial arm, extends credit facility](/img/default/eat.png)
Cash-strapped Countrywide has this morning announced that it is selling its commercial business, Lambert Smith Hampton, for £38m. In a surprise statement...
29 November 2019
From: Breaking News
![The market’s in good shape, new mortgage figures suggest](/img/default/eat.png)
Data from UK Finance, which represents most of the country’s lenders, shows that gross mortgage lending across the residential market in...
25 July 2019
From: Breaking News
![Housing market - steady as she goes, suggests RICS](/img/default/eat.png)
A more stable trend is now emerging in the UK housing market, according to the latest results for the RICS UK...
11 July 2019
From: Breaking News
![Brexit's Trump card: Sterling slump means rich US buyers flock to London](/img/default/eat.png)
A high-end estate agency is reporting a dramatic rise in the number of US buyers in London as they have taken...
18 June 2019
From: Breaking News
![Brexit-related uncertainty leads to big slump in high-end London sales](/img/default/eat.png)
Knight Frank says Brexit-related uncertainty has curbed trading activity across all UK residential markets over the last 12 months - and...
13 June 2019
From: Breaking News
![PropTech Today: now is the time to understand blockchain](/img/default/eat.png)
It’s London Tech Week, everybody! The sprawling city-wide event taking in dozens of conferences, events, workshops, panel debates and so on,...
12 June 2019
From: Breaking News
![Good news as mortgage approvals show significant rise](/img/default/eat.png)
The number of mortgages approved by High Street banks increased 5.4 per cent to 44,000 in April. Data from trade body UK...
29 May 2019
From: Breaking News
![Prime rural prices see largest fall for five years thanks to Brexit](/img/default/eat.png)
At the end of a week consisting of largely depressing market reports, new data from Knight Frank suggests that the bad...
09 April 2019
From: Breaking News
![Countrywide warns on 2019 but claims 'five pillars of progress' in recovery](/img/default/eat.png)
Countrywide's report to shareholders this morning warns that the residential market is heading for a difficult 2019 which may hit the...
07 March 2019
From: Breaking News
![LSL writes down value of Yopa stake as it pins faith in High Street branches](/img/default/eat.png)
LSL Property Services, the parent company of Your Move and Reeds Rains, has substantially 'written down' its investment in online estate...
05 March 2019
From: Breaking News
![LSL delivers upbeat figures despite Brexit-fuelled caution over 2019](/img/default/eat.png)
LSL Property Services - parent company of Your Move, Reeds Rains and London agency Marsh & Parsons - has given a...
22 January 2019
From: Breaking News
![Two Brexit blows to London market as uncertainty worsens](/img/default/eat.png)
Two reports have suggested London’s residential market may be damaged by Brexit - both the past two and a half years...
11 December 2018
From: Breaking News
![Havoc, Grim and Short Term - Property taxes under fire once again](/img/default/eat.png)
It’s Budget day and the government is once again on the receiving end of a blast from one of the country’s...
29 October 2018
From: Breaking News
![Banned advert highlights dangers of sales claims about rental yields](/img/default/eat.png)
The Advertising Standards Authority has banned an advertisement for a new development in London after complaints over claims about the yields...
10 October 2018
From: Breaking News
![Online agents have under 1% share in prime central London - LonRes](/img/default/eat.png)
The chairman of LonRes says online estate agents have only a one per cent share of the market in prime central...
13 August 2018
From: Breaking News
![Property Natter: a changing of the guard?](/img/default/eat.png)
The big story to break this week in the property world was the announcement by the new owner of Humberts that...
28 July 2018
From: Features
![Exclusive: UK estate agent fees 'are the lowest in the world'](/img/default/eat.png)
Here’s some good news to take into the Bank Holiday weekend. Research undertaken by Estate Agent Today suggests that fees charged by...
04 May 2018
From: Breaking News
![New house price index claims superiority over rivals - even Land Registry](/img/default/eat.png)
Investment consultancy London Central Portfolio has launched a new index which it claims uses “the most comprehensive data available” to assess...
07 March 2018
From: Breaking News
![What do agents need to know about accepting payment in cryptocurrencies?](/img/default/eat.png)
The UK property sector has been a hotbed for financial crime in recent years, with many criminals seeing it as an...
24 February 2018
From: Features
![What next for property in 2018?](/img/default/eat.png)
What a year it’s been! Back in 2016 we had Brexit, a new prime minister, Donald Trump’s election, and so when...
30 December 2017
From: Features
![Budget is make or break for London market, says investment firm](/img/default/eat.png)
The London residential market is at last improving - but faces a make or break situation with next week’s Budget according...
17 November 2017
From: Breaking News
![Three reasons why we need stamp duty reform](/img/default/eat.png)
Whenever any research is released, part of me can’t help thinking of that old adage, ‘lies, damn lies and statistics’ especially...
02 September 2017
From: Features
![Strutt & Parker still facing challenges as it reports more London woe](/img/default/eat.png)
The latest market snapshot by high-end agency Strutt & Parker reveals more bad news for London - despite the agency itself...
01 August 2017
From: Breaking News
![Property auctions market round-up Q2 2017](/img/default/eat.png)
With several agent partner programmes available across the country, estate agents can often increase business by offering sales by auction, with...
22 July 2017
From: Features
![PropTech Today: The long-term future of renting is short-term lettings](/img/default/eat.png)
You may have heard that Airbnb and property management company, Lavanda has closed a £1 million angel investment round. Backers include Purplebricks...
19 July 2017
From: Breaking News
![PropTech Today: Generation Z are coming - agents, are you ready?](/img/default/eat.png)
I was recently contributing to whitepaper by a major bank about the future of the property industry and, as I was...
27 April 2017
From: Breaking News
![Purplebricks to be 'biggest UK agency by 2019' with 'share price up 50%'](/img/default/eat.png)
A London investment broker says Purplebricks’ share price - currently around 300p - could rise another 50 per cent or more...