Archive

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

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

The peak of the 2020 sales market is likely to be September instead of the usual early summer - but that...

Hello and as it’s Monday it’s PJT Day - and there are plenty of people moving jobs in our industry even...

Sales in February grew, for the third consecutive month, according to the latest market snapshot from the Royal Institution of Chartered...

House prices have risen 2.3 per cent in the past year - the strongest rate of inflation for property since July...

Foxtons is warning that 2020 will be yet another difficult year for the agency despite the so-called Boris Bounce helping the...

  Who are you and what does it say on your business card? Catherine Shinerock - ARO Account Manager What is your ‘company name’...

Foxtons's trading statement this morning reveals another huge slump in sales - but no new announcement about future branch closures after a spate...

At the end of a strong week for housing market indicators, the latest survey from the website Home suggests a major...

Winkworth says it’s achieved a big jump in London sales market share despite “an uncertain and difficult year that was dominated...

Over the past decade, the short-term rental industry, now eponymised by Airbnb, has experienced meteoric growth. This has been driven by the...

There’s a warning today that Rightmove could be vulnerable to losing its number one portal status because it has such a...

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

Foxtons is reported to have closed four more branches across London, backing up widespread industry speculation that the agency is retrenching further in...

The Property Franchise Group has issued a trading statement that is upbeat on lettings but warns that the sales market has...

Foxtons' latest trading statement shows another fall in sales revenue - but this time lettings income is down too. In an announcement...

An equity release specialist says the scrapping of stamp duty for so-called last time buyers would lead to more downsizing, freeing...

There are fewer ‘accidental landlords’ - vendors who resort to letting out their homes because the sales market is difficult. That’s the...

A rock bottom supply of homes on sale is helping to reinvigorate London sales according to a market monitor. The website Home...

Winkworth’s trading statement for the first half of 2019 show the company’s revenue and pre-tax profit both dipping slightly - but...

The parent company of franchised hybrid estate agency EweMove says that experienced estate agents outperform inexperienced franchisees - but only for...

Hello and welcome to the latest PJT, your weekly opportunity to catch up on key moves within the industry. Everyone mentioned here...

First time buyers will constitute the largest single group of purchasers in 2019, despite the apparent difficulties of deposits and securing...

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

After months of difficulties and closures for many online and hybrid estate agencies, EweMove claims to have bucked the trend. In a...

Foxtons’ sales slumped another 10 per cent and its total revenue dropped another 3.5 per cent according to figures released this...

The industry press has given substantial space to recommendations from the Regulation of Property Agents, the government’s working party which has...

A more stable trend is now emerging in the UK housing market, according to the latest results for the RICS UK...

Recent figures from the Federation of Small Businesses (FSB) have revealed a rather worrying landscape for small business owners across the...

While media attention has been on Theresa May, Brexit and the Tories, chatter in the agency industry has been about what...

The Property Ombudsman (TPO) has released its annual report for 2018, showing a 16% rise in the number of complaints made...

It has been a long time coming, but the tenant fees ban, which forbids landlords and letting agents in England from...

A national and regional property auction firm has delivered its best ever first quarter sales in the 12 year history of...

Savills, which in the past has been restrained in its critique of Brexit’s effect on the housing market, now says that...

More than 800 property transactions fall through daily, which can have repercussions both practically and financially, as agents fail to get...

Foxtons has revealed that its six branch closures announced towards the end of last year will save the company £3m in...

Countrywide’s senior executives have set out reasons why investors should put their money into the group, despite its troubled recent years. Yesterday...

As the sales market across much of Britain appears to be mired in political and economic uncertainty, figures from Scotland appear...

Foxtons has reported further small slides in both revenue and profits for 2018 - but sales income plummeted from £43m to...

A property platform that has chronicled the London sales market’s problems in recent years says the recovery will start in 2020...

A statement this morning by franchise agency Winkworth says lettings and property management now accounts for 50 per cent of its turnover. The...

It’s been an interesting week of contrasts when it comes to online replacing ‘the old school’. Data from that clever consultancy The...

Savills has issued its forecast for the housing market for the next five years, and while it highlights some bright spots...

An open rental market, where neither landlord nor tenant is in a dominant position, enables rents to rise and fall, which...

The latest market snapshot from the Royal Institution of Chartered Surveyors suggests the number of properties on estate agents’ books is now nearing...

It seems a lifetime ago but in fact we’re approaching just the first anniversary since the government triggered its Call for...

Hello and welcome to our weekly catch-up on the major moves within our industry. Remember, you can let the rest of the...

Yopa - the online agency with huge financial backing from Savills - has attracted a Knight Frank agent to become its...

The investment bank Jefferies says Foxtons’ long-running share price slump is a reflection of Brexit uncertainty “until we find out what...

Connells Group - which now says it’s the country’s largest estate agency by market share and numbers of homes sold -...

Foxtons has suffered a massive 23 per cent drop in sales income and a nine per cent drop in overall company...

Since January 2018, nine of the UK’s biggest banks have allowed competitors direct access to customer data as part of the...

The Agency Express board company says its monitor of the sales market suggests that it’s in better shape now than it...

A new online agency has started charging only 0.75 per cent commission, payable only on completion, with no VAT and no...

May saw the highest number of new sellers list their properties in any single month for at least 18 months, claims...

Major auction companies continue to claim successes despite the challenging housing market. Auction House says a recent auction of London properties produced...

A leading buying agency says the Brexit transition deal will help central London’s fragile sales market. Caspar Harvard-Walls, a partner in the...

LSL Property Services - parent company to 12 brands including Your Move, Reeds Rains and London’s Marsh & Parsons - has...

The National Association of Estate Agents says the year has started with a boom as demand from prospective house-hunters increased by...

Between October and December 2017, some £822 million worth of UK residential property was sold at auction, according to the Essential...

Hunters is partnering with a PropTech firm to allow homes on the market and still awaiting buyers to be short-let for...

A buying agent in Melbourne says ‘old dinosaurs’ in traditional estate agencies ‘have no idea’ how to deal with the arrival of...

What a year it’s been! Back in 2016 we had Brexit, a new prime minister, Donald Trump’s election, and so when...

The short let management company Lavanda - backed by Harry Hill, former chief of Rightmove and Countrywide - has launched software...

The latest market snapshot from the National Association of Estate Agents suggests that the proportion of sales made to first time...

An estate agent branded as "thoroughly dishonest" following a Gumtree scam has been jailed for 20 months, suspended for two years....

Winkworth says solid performances from its lettings and property management services, plus new franchise deals, have compensated for a challenging sales...

Shelter, the campaigning charity that has been hugely critical of private landlords and letting agents in recent years, has now launched...

Savills has reported strong figures for the first half of 2017 across its worldwide activities, but its UK residential divisions have...

You saw it, right? This article from Monday’s Guardian? It says that one in five estate agents are at risk of...

New figures released this morning from Purplebricks shows the onward march of the hybrid agency and its Local Property Experts. For the...

The Queen’s speech to the British parliament this week was a scaled-back affair, which was unsurprising given the Grenfell Tower fire,...

The managing director of lettings at Foxtons says Brexit and domestic political uncertainty have become ‘the new norm’ in the London...

Since the seventies, housing starts and completions across England and Wales have been on a downward trajectory. The long run average...

The Property Franchise Group says it has seen 13 consecutive years of growth for the five High Street brands within its...

Winkworth’s annual figures for 2016 reveal a franchise turnover drop of six per cent and a pre-tax profit fall of 25.6...

A year ago, we were days away from the introduction of a 3% stamp duty surcharge on second homes – a...

The Prime Central London (PCL) property market finished 2016 on a high with transactions increasing by 36% between Q3 and Q4,...

The rental market has had to face a raft of changes over the past year, including the introduction of the 3% stamp...

The latest data from board supplier Agency Express suggests November was a surprisingly buoyant month for the housing market, with only...

It is too early to talk about a recovery in the long-term decline of the prime central London sales market despite...

In a surprise announcement this morning, Foxtons has revealed that its total revenues in the past three months dropped 14 per...

One of the world’s leading property portal and online consultants says Purplebricks, which is now operating in Australia and the UK,...

The huge rush to acquire buy-to-let property in the first quarter of the year ahead of the stamp duty change deadline...

Prices of homes in Prime Central London have fallen across all sectors in the second quarter of the year and over...

Savills residential fee income rose 10 per cent in the first six months of 2016 but the firm warns that it’s...

Board supplier Agency Express says there has been a drop in new ‘For Sale’ and ‘Sold’ listings during July - but...

LSL Property Services - which owns agency brands including Your Move, Reeds Rains and Marsh & Parsons - has reported strong...

House prices in Scotland rose 0.9 per cent in May, taking the average value to £172,119 - still down on a...

An analysis by a high-end estate agency of homes on the market appears to show no significant ‘Brexit effect’ - at...

The Land Registry’s monthly ‘price paid data’ has revealed that there were 75,937 land and property sales in England and Wales...

Peter Alan, part of the Connells Group, has acquired Marina Quay, a specialist Swansea Marina estate agency as part of its...

The latest figures from the HMRC show the scale of sales market drop-off following the surge in purchases by buy to...

The sense of gathering momentum for the Leave campaign ahead of the upcoming EU referendum is causing high levels of uncertainty...

A firm says it wants to help agents and sellers frustrated by a stagnating housing market to short-let homes using controversial...

Estate agency Connells says the buoyant start to 2016 created by investors trying to beat the April stamp duty deadline may...

Foxtons has reported a 4.1 per cent increase in its group revenue in 2015 to £149.8m  although its profits dipped by...

Countrywide has given what it admits is a “mixed performance” in 2015 with a major reduction in operating profits, although it...

A detailed analysis by Hometrack reveals that new-build transactions - running at roughly 10 per cent of all house sales for...

Surely people will start moving again soon. The employment rate for the last quarter of 2015 is likely to be the...

Your Move claims the higher end of the Scottish housing market is recovering from the introduction of Land and Building Transaction...

A so-called ‘brand incubator’ has invested in online estate agency Settled. Settled launched in January 2015 but has had negligible impact even...

The sales market may be troubled by a sharp stock shortage and the rental sector bogged down with a flurry of...

Estate agents’ share prices have taken a knock after poor figures reported to the City by Countrywide suggested a wider malaise...

A central London agency has launched a ‘try before you buy’ lettings offer on an apartment being marketed for sale at...

Foxtons says affordability issues and increased stamp duty charges for some of the most expensive properties mean London’s sales market is...

Property journalists, and more than a few estate agents, are beginning their annual autumn ritual – forecasting what’s going to happen...

It would seem that now is a better time than ever for investors to join the buy-to-let market.  The Royal Institute of...

eMoov, arguably Britain’s highest-profile online estate agency, says it is “inevitable” that it will enter the US sales market in the...

Knight Frank is the latest estate agent to admit that the prime London sales market is “subdued” - and it blames...

LSL Property Services, owner of Reeds Rains and Your Move amongst other high street chains, says last month’s sales market was the...

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

easyProperty, which until now has been operating largely in the residential and commercial lettings markets, has confirmed that it is moving...

Fracking could reduce house prices by as much as seven per cent and make homes harder to sell because of traffic...

Online estate agent easyProperty has appointed a creative and PR agency to manage an ‘above the line’ advertising campaign ahead of...

Countrywide, the agency group that handles one in 10 transactions in Britain, has told the City that its income remains “resilient...

Connells says the early 2015 business has picked up from the winter lull but “couldn’t match the beginning of last year”...

In a dramatic intervention in the sales market, Labour says it will scrap stamp duty for first time buyer purchases of...