Hopes of an interest rate cut have been raised after the International Monetary Fund (IMF) suggested the UK economy is recovering faster...
Archive
22 May 2024
From: Breaking News
![Estate agents fined more than £3m for failing to register for AML](/upload/images/shutterstock_1116488450.jpg)
Estate agents were fined a total of more than £3m in the nine months to September 2023 for failing to register...
22 May 2024
From: Features
![Three interest rate cuts and house prices to rise - Lloyds Bank](/upload/images/shutterstock_1972716101.jpg)
Lloyds Bank has issued figures showing a 28% profits plunge for the first quarter of the year - but it nonetheless...
25 April 2024
From: Breaking News
![Better news for economy gives confidence boost to property market](/upload/images/Better%20news%20for%20economy%20gives%20confidence%20boost%20to%20property%20market(1).png)
The best news for the property sector to come from Chancellor Jeremy Hunt’s Spring Budget statement came not from any fiscal...
20 March 2024
From: Features
![Government’s ‘laughable’ planning reforms overshadow ‘real-time property market’](/upload/images/Shutterstock-only%20images/Rental%20Market/Estate_Agents-400x310.png)
A senior estate agent has described the Government’s pledge to compel councils to cut red tape in favour of development as...
20 February 2024
From: Breaking News
![2023 - That was year that was...](/upload/images/3%20--%20Proofed%20--%20Weekend%20feature%20-%202023%20that%20was%20the%20year%20that%20was%20by%20Lloyd%20Davies(1).jpg)
As Conveyancers we operate in such a volatile market, where government economic policy can and has repeatedly made our professional lives...
13 January 2024
From: Features
![The cost of living crisis highlights the need for a choice of rental deposits](/upload/images/__thumbs/shutterstock_2131821733.jpg/shutterstock_2131821733__400x267.jpg)
As the UK economy faces a period of uncertainty characterised by a cost of living crisis and soaring inflation rates, many...
25 October 2023
From: Features
![Housing Market Weak but cautious optimism from analysts](/upload/images/Shutterstock-only%20images/Property%20Market/PropertyStats-400x310.png)
UK housing market activity "remains weak" according to the Nationwide. Its latest house price index shows that prices declined 5.3 per cent...
03 October 2023
From: Breaking News
![Good economic news could be bad for housing market - warning](/upload/images/shutterstock_342763022.jpg)
Experts are warning that the weekend’s better than expected economic news could indirectly hurt the housing market. The UK economy grew by...
14 August 2023
From: Breaking News
![Property Natter - 'Swipe right for business revolution'](/upload/images/Property%20Natter.jpg)
After a bumpy six months media-wise, I was fascinated to see that Prince Harry and Meghan Markle chose a tech-based project...
05 August 2023
From: Features
![How the circular economy can defend the holiday let industry](/upload/images/__thumbs/How%20the%20circular%20economy%20can%20defend%20the%20holiday.jpg/How%20the%20circular%20economy%20can%20defend%20the%20holiday__400x250.jpg)
Sustainability has become a watch word for businesses the world over but there’s one element of this equation that is too...
27 May 2023
From: Features
![Agency backer slams ‘outdated housing market metrics’](/upload/images/Shutterstock-only%20images/Property%20Market/PropertyStats-400x310.png)
Toscafund Asset Management chief economist Savvas Savouri has slammed the use of ‘outdated metrics’ when measuring the housing market. The investment firm...
15 May 2023
From: Breaking News
![Tackling fraud in the current climate - what’s the reality for agents?](/upload/images/__thumbs/Tackling%20fraud%20in%20the%20current%20climate.jpg/Tackling%20fraud%20in%20the%20current%20climate__400x279.jpg)
Property fraud is a significant risk for agents, particularly as fake IDs become increasingly prevalent, and the economic climate remains challenging....
06 May 2023
From: Features
![Guild boss identifies housing market ‘green shoots’](/upload/images/Shutterstock-only%20images/Property%20Market/Forecast-400x310.png)
Lower mortgage rates than the end of last year and slowing inflation should sustain the housing market as it enters the...
21 March 2023
From: Breaking News
![Gender inequality across the property industry is too big to ignore](/upload/images/Shutterstock-only%20images/Property%20Market/3%20Equality%20comes%20through%20learning%20-%20PIT%20by%20Chitra%20Stern.jpg)
According to Women Count 2022, an Insights report from The Pipeline, women still face entrenched systemic barriers on their route to...
04 March 2023
From: Features
![Agenda-setting campaign exposes AML loopholes](/upload/images/Shutterstock-only%20images/Property%20Market/_AML-400x310.png)
SmartSearch, the UK’s leading provider of digital compliance, has published an agenda-setting whitepaper to highlight the anti-money laundering shortcomings and sanctions...
25 February 2023
From: Features
![Short term rental sector creates jobs boost, says report](/upload/images/Shutterstock-only%20images/Property%20Market/2%20shutterstock_1251325300.jpg)
The growth of the short term rentals sector has helped to create an economy featuring several new types of jobs that...
11 February 2023
From: Features
![Everything You Need To Know About the 2023 Housing Market](/upload/images/Shutterstock-only%20images/Seasonal%20Photos/2023HappyNY-400x310.png)
New year, old worries: what’s happening in the housing market? We’ve asked experts and collated forecasts, 15 in total. On the one...
07 January 2023
From: Features
![Property market ‘recalibration’ is underway - claim](/upload/images/Shutterstock-only%20images/Property%20Market/HousePrices_400x310.png)
The property market is ‘recalibrating’ but should be seen in context of economic events, agents are being urged. Kris Mclean, managing director...
06 December 2022
From: Breaking News
![Conveyancers - why preparing for the worst is a wise move](/upload/images/Shutterstock-only%20images/Property%20Market/Compliance-1-400x310.png)
A report earlier this month warned that conveyancing firms should stress test their businesses for a sharp decline in work volumes. These businesses...
03 December 2022
From: Features
![Buyers advised to wait until 2024 to buy a home - claim](/upload/images/Shutterstock-only%20images/Property%20Market/PropertyNews-400x310.png)
In a statement likely to rile plenty of estate agents, a proptech firm is suggesting aspiring homebuyers should wait until 2024...
24 October 2022
From: Breaking News
![Stamp duty cut - much needed boost or short term fix? Either way, estate agents need to prepare for the rush](/upload/images/adv-2021/sponsored-content/Smartsearch/EAT%20-%20October%2022.jpg)
The Government’s mini budget on September 23 was anything but ‘mini’ with several major announcements one of the most significant of...
17 October 2022
From: Sponsored Content
![SDLT cut ‘a shot in the arm’ for sales, but government could have done more](/upload/images/Politics%20(MPs%2C%20party%20logos%2C%20etc)/_Kwasi%20Kwarteng_400x310.png)
Now that the industry has had the weekend to digest Kwasi Kwarteng’s short and dramatic mini-Budget, more reaction has been filtering...
27 September 2022
From: Breaking News
![Gazundering returns as property market weakens – warning](/upload/images/library/HandsHouse-400x310.png)
Increasing numbers of buyers are gazundering or ‘price chipping’ on their offers to force property sellers and agents into last minute...
24 August 2022
From: Breaking News
![New lender prepares to launch 30-year fixed rate mortgages](/upload/images/Housing%20Market%20%26%20Property%20Images/Mortgage-image400x310.png)
A new lender is preparing to enter the mortgage market with long-dated fixed rate mortgages in a move seen by some...
19 August 2022
From: Breaking News
![Uncertainty remains over housing’s importance to new PM, says expert](/upload/images/Politics%20(MPs%2C%20party%20logos%2C%20etc)/Parliament-Summer-400x310.jpg)
A property expert has claimed that it remains to be seen where housing will feature in the upcoming political agenda. Nicky Stevenson,...
12 August 2022
From: Breaking News
![Hammer time! Auctions could benefit from tougher property market, says firm](/upload/images/Auctions/AuctioneerGavel-400x310.jpg)
The auction industry could end up taking advantage of the upcoming downturn in the property market, because it provides the quickest...
09 August 2022
From: Breaking News
![Opinion: Bank of England rate rises are nonsense and will increase inflation](/upload/images/Housing%20Market%20%26%20Property%20Images/Bank-of-England400x310.png)
The Bank of England’s continued rise in interest rates – the latest being a shift up to 1.25% - is, in...
25 June 2022
From: Features
![Slowdown or house price cliff edge? It's too early to tell](/upload/images/Housing%20Market%20%26%20Property%20Images/PropertyMarket-1-400x310.jpg)
Right now, one topic seems to be dominating talk in the industry. Everywhere I go people tend to quiz me about...
25 June 2022
From: Features
![AML expert issues fraud warning amid speedy sales market](/upload/images/Rental%20Market/Tenancy-fraud400x310.png)
The fast-moving property sales market is increasing the risk of fraud, an anti-money laundering expert claims. Olly Thornton-Berry, co-founder of risk management...
08 June 2022
From: Breaking News
![Property Natter: ‘the only way to bring about change is to be proactive’](/upload/images/Site%20logos/PropertyNatter-2019-400x310.png)
In this latest ‘Women in Property’ edition of the Natter, I check in with Collette Allen, who was recently appointed as...
28 May 2022
From: Features
![Proptech and the future of the UK’s economy and property market](/upload/images/PropTech%20%26%20Online/PropTech-4-400x310.jpg)
Although Chancellor of the Exchequer Rishi Sunak’s Spring Statement did not include many announcements regarding housing, it did provide a good...
23 April 2022
From: Features
![Income Tax cut and VAT scrapped on home energy efficiency measures](/upload/images/Politics%20(MPs%2C%20party%20logos%2C%20etc)/RishiSunak-400x310.jpg)
Chancellor Rishi Sunak has announced a dramatic future income tax cut, changes to National Insurance thresholds and scrapping VAT on more...
23 March 2022
From: Breaking News
![Agents braced for third interest rate rise as economic woes grow](/upload/images/Housing%20Market%20%26%20Property%20Images/House-Percentage-MortgageRates-400x310.jpg)
Storm clouds continue to gather over the UK economy with growing inflation, another likely interest rate rise, and a warning from...
14 March 2022
From: Breaking News
![Mortgage trends and interest rates - what could happen in 2022?](/upload/images/Rental%20Market/MortgageReview-400x310.jpg)
As 2021 draws to a swift close, there is much speculation about what 2022 will have to offer. Despite the emergence of...
18 December 2021
From: Features
![Lucky For Vendors: 13 buyers for every home on sale, says agency](/upload/images/Housing%20Market%20%26%20Property%20Images/PropertyPeople-400x310.jpg)
There were 13 new buyers for every property listed for sale in the UK in September according to Knight Frank. Over the...
11 October 2021
From: Breaking News
![Stamp duty boost for first-time buyers? Not a bit of it, claims research](/upload/images/Housing%20Market%20%26%20Property%20Images/MillennialTenants-Tablet-400x310.jpg)
First-time buyers are £25,000 worse off thanks to the stamp duty holiday, according to estate agent comparison site GetAgent. The website revealed...
16 September 2021
From: Breaking News
![Future interest rate rise could crash the market, warns analyst](/img/default/eat.png)
A relatively modest interest rate rise could trigger a crash in the housing market according to the housing analyst behind the...
13 May 2021
From: Breaking News
![Anti-stamp duty campaigner fined … for stamp duty avoidance](/img/default/eat.png)
One of the most outspoken campaigners against stamp duty has been fined for avoiding tens of thousands of pounds in … stamp...
07 April 2021
From: Breaking News
![Open up economy says Boomin boss as Covid appears to ease](/img/default/eat.png)
Boomin co-founder Kenny Bruce says the UK economy should now be opening up thanks to the success of the Coronavirus vaccines. In...
23 March 2021
From: Breaking News
![How do you think Propertymark should be run?](/img/default/eat.png)
Propertymark has set out a four point strategy for the future of the organisation. The body - which encompasses the National Association...
09 March 2021
From: Breaking News
![Stamp Duty: new cliff edge or cause for delight?](/img/default/eat.png)
Rarely do Budgets produce positive sentiments from the agency industry but Chancellor Rishi Sunak appears to have won widespread support for...
04 March 2021
From: Breaking News
![Stamp Duty reform “very unlikely” says Conservative housing guru](/img/default/eat.png)
An MP demanding a root and branch reform of property taxation, including scrapping stamp duty, says the chance of fundamental reform is...
11 February 2021
From: Breaking News
![Property industry set to lead economy out of the Covid slump](/img/default/eat.png)
The property sector is set to lead the UK out of its Covid slump according to Ernst & Young’s latest forecast....
27 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
![Keeping the market moving is vital for more than just the economy](/img/default/eat.png)
Tenants, landlords, agents, and house buyers all breathed a sigh of relief on Halloween when the government announced that home moves...
21 November 2020
From: Features
![How can we ensure the second half 2020 doesn’t become a blip?](/img/default/eat.png)
Recent figures emanating from the mortgage and housing market suggest that – since lockdown was ended in mid-May – transaction levels...
31 October 2020
From: Features
![Electronic signatures are helping agents to weather the 2020 storm](/img/default/eat.png)
2020 has definitely been a year of change. With little warning, the pandemic disrupted the day-to-day operations of almost every industry...
17 October 2020
From: Features
![How will the end of the furlough scheme affect the rental market?](/img/default/eat.png)
The Coronavirus Job Retention Scheme, better known as the furlough scheme, was introduced by the chancellor Rishi Sunak in March to...
26 September 2020
From: Features
![Warning bell rings - market boom could lead to bust, says RICS](/img/default/eat.png)
The latest market snapshot by the Royal Institution of Chartered Surveyors warns the current boom may not continue as government support measures...
13 August 2020
From: Breaking News
![Purchase tax on some UK prime homes now amongst lowest in Europe](/img/default/eat.png)
Chancellor Rishi Sunak’s stamp duty holiday means prime property in the UK now enjoys lower tax rates than most European countries. Buyers...
30 July 2020
From: Breaking News
![Record number of property firms suffer ‘Red Flag’ financial distress](/img/default/eat.png)
There’s a record number of property industry companies, including agencies, in financial distress according to the latest Red Flag alert monitor. The...
27 July 2020
From: Breaking News
![Stamp Duty dithering could kill the market, warn angry agents](/img/default/eat.png)
Agents have spoken out angrily against any uncertainty in the market caused by government leaks about future stamp duty changes. In recent...
07 July 2020
From: Breaking News
![Brexit clarity allows house price leap - but Brexit uncertainty returns](/img/default/eat.png)
House prices have risen 2.3 per cent in the past year - the strongest rate of inflation for property since July...
02 March 2020
From: Breaking News
![Agents’ delight at another sign that the market is on the rise](/img/default/eat.png)
Annual house price growth increased to 4.1 per cent in January, up slightly from the end of 2019, according to Halifax...
10 February 2020
From: Breaking News
![Owners’ Logbooks essential for easier house-buying, say conveyancers](/img/default/eat.png)
Logbooks about properties must be made available up-front at the point of marketing and not later in the buying process if...
28 January 2020
From: Breaking News
![More agents and property firms show “significant financial distress”](/img/default/eat.png)
Insolvency firm Begbies Traynor says the estate agency and property industry sector of the UK economy has seen a big rise...
28 January 2020
From: Breaking News
![Purplebricks hopes stamp duty reform campaign will dampen criticisms](/img/default/eat.png)
Purplebricks - which is at the centre of a string of controversies - has joined the growing campaign for stamp duty...
30 September 2019
From: Breaking News
![Property market reality – it’s time to promote confidence](/img/default/eat.png)
Although property transactions have, unsurprisingly, recently seen a decline which is almost certainly in part due to the ‘B-word’, this doesn’t...
28 September 2019
From: Features
![Brexit: Deal or No Deal could hit base rate and then mortgage costs](/img/default/eat.png)
The Bank of England’s monetary policy committee - which meets monthly to set the base rate on which the costs of...
02 August 2019
From: Breaking News
![Landlords forced to conduct more background checks in post-Brexit Britain](/img/default/eat.png)
Theresa May’s ‘hostile environment’ policy that was implemented in 2012 was designed to make staying and residing in the UK as...
08 June 2019
From: Features
![Property Natter - talking women in property, Brexit investment and PropTech](/img/default/eat.png)
In the first Q&A Natter for a while, I catch up with Angelica Donati - CEO of Donati Immobiliare Group, PropTech...
01 June 2019
From: Features
![Estate agents 'no longer biggest money laundering risks', report suggests](/img/default/eat.png)
A survey undertaken by the respected Economist Intelligence Unit and a risk solutions company suggests that estate agency may be one...
17 May 2019
From: Breaking News
![“Sales go on falling and falling” warns London property consultancy](/img/default/eat.png)
Respected investment consultancy London Central Portfolio is warning that “sales go on falling and falling” across the capital, fuelled by Brexit...
30 April 2019
From: Breaking News
![Foxtons: front-office headcount under review as branch closures save £3m](/img/default/eat.png)
Foxtons has revealed that its six branch closures announced towards the end of last year will save the company £3m in...
29 March 2019
From: Breaking News
![Countrywide sets out reasons to invest, despite share price fall](/img/default/eat.png)
Countrywide’s senior executives have set out reasons why investors should put their money into the group, despite its troubled recent years. Yesterday...
08 March 2019
From: Breaking News
![Property Jobs Today - your one-stop-shop for the industry's jobs news](/img/default/eat.png)
Hello and welcome to this week’s PJT, your regular catch-up on key appointments news in our industry. It’s been a difficult seven...
11 February 2019
From: Breaking News
![Top government minister thrilled to see Purplebricks success](/img/default/eat.png)
The Minister for Digital and the Creative Industries, Margot James, has used social media to say she is “thrilled to see...
14 January 2019
From: Breaking News
![What next for property in 2019?](/img/default/eat.png)
As 2018 draws to a close, it is fair to say that stretched affordability and uncertainty over the Brexit negotiations has...
29 December 2018
From: Features
![Why estate and letting agents need to futureproof their businesses](/img/default/eat.png)
A recent 'red flag alert' report from an insolvency firm warned that the number of real estate businesses defined as being...
31 October 2018
From: Sponsored Content
!['Significant financial distress' soars for agencies and property firms](/img/default/eat.png)
An insolvency firm is warning that the real estate sector of the economy is showing a growing number of businesses defined...
26 October 2018
From: Breaking News
![No house price rises until 2023 - that's what left-wing think tank wants...](/img/default/eat.png)
A left-leaning think tank is urging the Bank of England to manipulate the housing market to ensure house prices don’t rise...
11 July 2018
From: Breaking News
![Brexit: Agencies and sector 'facing significant financial distress'](/img/default/eat.png)
The UK’s real estate sector, embracing estate agencies as well as other aspects of the property industry, has been facing “increased...
26 April 2018
From: Breaking News
![Property experts reveal their Autumn Budget wishlist](/img/default/eat.png)
The housing industry has set out a list of demands in advance of the government’s hotly anticipated Autumn Budget on Wednesday. Despite...
18 November 2017
From: Features
![Financial crime – are estate agents at risk?](/img/default/eat.png)
The spread and sophistication of financial crime in the UK in recent years has been unprecedented. Figures from UK Finance show that...
04 November 2017
From: Features
![Savills' gloomy market warning on sentiment, Brexit and interest rates](/img/default/eat.png)
Savills has given a pessimistic outlook for the mainstream housing market for the next five years. It says average house prices across...
03 November 2017
From: Breaking News
![Brexit impact on property industry is one of 58 unpublished reports](/img/default/eat.png)
It has been revealed that a paper on Brexit’s impact on the property market, prepared by a government department, is one...
01 November 2017
From: Breaking News
![No crash but London market stalls 'thanks to Brexit, economy, taxes'](/img/default/eat.png)
Ten out of 14 economists surveyed by Bloomberg News say Brexit and economic uncertainty are likely to stall London’s housing market...
24 August 2017
From: Breaking News
![Property Natter – are you GDPR-ready?](/img/default/eat.png)
Are you protecting your data right? This may sound like the sort of direct warning you get from cold callers or...
19 August 2017
From: Features
![Brexit uncertainty hitting transactions and prices, warns PwC](/img/default/eat.png)
PwC says the drop in the number of property transactions is the economic indicator where the uncertainty over Brexit is most...
20 July 2017
From: Breaking News
![Don't make stamp duty even worse, agency warns government](/img/default/eat.png)
The government should resist any further increase in stamp duty not only to help the property market but to help guarantee...
26 April 2017
From: Breaking News
![Budget 2017: Pleas for reform fall on deaf ears](/img/default/eat.png)
Chancellor Philip Hammond delivered his first Budget this week pledging extra funding for the NHS, transport in the Midlands and the...
11 March 2017
From: Features
![House prices haven't got the memo - and they're still rising](/img/default/eat.png)
With almost every pundit predicting house prices to moderate in 2017 - perhaps even fall - it comes as some surprise...
02 March 2017
From: Breaking News
![Buy-to-let mortgages: What opportunities and challenges lie ahead?](/img/default/eat.png)
The rapid growth in popularity of buy-to-let in recent years, fuelled in part by the failings of the pensions industry, has...
17 February 2017
From: Features
![House prices in the East head north on demand from the South](/img/default/eat.png)
The East of England, which takes in areas from Hertfordshire to Norfolk, has recorded the biggest hike in property prices over...
28 January 2017
From: Features
![Farewell to 2016 and a cautious welcome to 2017](/img/default/eat.png)
There is no doubt that 2016 managed to catch the world by surprise on more than one occassion. But will 2017 be...
14 January 2017
From: Features
![Happy New Year from Estate Agent Today - this is what's in store...](/img/default/eat.png)
This is the final Estate Agent Today until Tuesday January 3 2017, so everyone at Angels Media sends all good wishes for...
30 December 2016
From: Breaking News
![House prices could rise 4% in 2017 but transactions will drop - Halifax](/img/default/eat.png)
The Halifax says house prices across the UK will rise between 1.0 and 4.0 per cent in the next 12 months...
29 December 2016
From: Breaking News
![Another major forecaster says price rises will be sluggish next year](/img/default/eat.png)
The Nationwide is the latest major industry forecaster to predict a sluggish average house price rise of two per cent in...
21 December 2016
From: Breaking News
![Autumn Statement: The property industry's wish list for Philip Hammond](/img/default/eat.png)
It may still be too early to start compiling a Christmas wish list, but it is the right time to provide...
19 November 2016
From: Features
![Will Hammond's property past benefit the future of our industry?](/img/default/eat.png)
We are now only days away from one of the most-anticipated events in UK politics; one which has a considerable impact...
19 November 2016
From: Features
![What does a Donald Trump win mean for the UK property market?](/img/default/eat.png)
It is fair to say that 2016 is a year full of surprises. Anyone who had the foresight to predict Britain...
12 November 2016
From: Features
![What has been the Brexit impact on the housing market so far?](/img/default/eat.png)
The morning after the EU referendum, and Westminster, Britain, Europe and the world were left in shock at the news that...
05 August 2016
From: Features
![Countrywide rules out agency acquisitions for rest of 2016](/img/default/eat.png)
Countrywide says there will “almost certainly” be no more acquisitions of agencies or other firms for the group over the rest...
03 August 2016
From: Breaking News
![Does Brexit mean the end of the Northern Powerhouse?](/img/default/eat.png)
Plans for the Northern Powerhouse scheme, designed to rival London and the South East as the main driver of economic growth...
29 July 2016
From: Features
![Brexit could wipe 30% off London house prices, warns major bank](/img/default/eat.png)
A note to investors sent out yesterday by the international bank Societe Generale is warning that Brexit could wipe 30 per...
19 July 2016
From: Breaking News
![Index claims London and some regions showing first Brexit price falls](/img/default/eat.png)
London house prices have fallen by 1.1 per cent in the past month - mostly since the Brexit vote on June...
13 July 2016
From: Breaking News
![The post-Brexit landscape](/img/default/eat.png)
As I sit and write this piece, even with the FTSE 100 back up and sterling having recovered some of its...
08 July 2016
From: Features
![What will happen to the housing market if Britain leaves the EU?](/img/default/eat.png)
The sense of gathering momentum for the Leave campaign ahead of the upcoming EU referendum is causing high levels of uncertainty...