The new Government’s plan to ‘Get Britain Building’ is ambitious, to say the least. And it is central to their mission, not...
Archive
20 July 2024
From: Features
![Chancellor commits to Family Home Tax Guarantee](/upload/images/Shutterstock-only%20images/Property%20Market/Taxes-400x310.png)
Chancellor Jeremy Hunt has pledged not to raise Stamp Duty as part of a Family Home Tax Guarantee. Writing in the Daily...
07 June 2024
From: Breaking News
![10 reasons to become a Your Move franchise.](/upload/images/adv-2021/sponsored-content/LSL/online.jpg)
If you’re thinking about becoming an Estate Agency franchise or converting your existing estate agency business to a franchise, here we...
16 May 2024
From: Sponsored Content
![Radical reform of Right To Buy demanded by industry group](/upload/images/Shutterstock-only%20images/Property%20Market/Will%20the%20post%20Christmas%20boom%20materialise%20this%20year%20CoupleMakingOffer-400x310.png)
A property industry group has called for a reduction in the discounts available for council tenants buying their own home, after...
24 April 2024
From: Breaking News
![Jonathan Rolande: New build data is something to build on](/upload/images/Shutterstock-only%20images/Property%20Market/PropertyStats-400x310%20(1).png)
Data and statistics are never in short supply for those of us working in the property sector. But one set which really...
19 April 2024
From: Breaking News
![Zoopla: Asking price discounts narrow as market mood improves](/upload/images/Shutterstock-only%20images/Property%20Market/PropertyStats-400x310.png)
Asking price discounts have hit their lowest levels since last summer as market activity improves across the board, Zoopla claims. The portal’s...
28 March 2024
From: Breaking News
![Ethical agent network officially launches](/upload/images/shutterstock_431846332(5).jpg)
A network uniting ethical estate agents has officially launched today with 25 members. The Ethical Agent Network (EAN) is led by industry...
04 March 2024
From: Breaking News
![Zoopla: First-time buyer homes selling at 8% below local average](/upload/images/2%20Have%20Mortgage%20Rates%20Peaked%20by%20Sarah%20Thompson.jpg)
Properties favoured by first-time buyers are typically selling for an average of 8% or £20,300 below the local market average, Zoopla...
22 February 2024
From: Breaking News
![Why community work is good business for estate agents](/upload/images/2%20---%20Proofed%20by%20Peter%20---%20Weekend%20features%20why%20community%20work%20is%20good%20business%20for%20estate%20agents%20Kevin%20Shaw.jpg)
As 2024 progresses, I expect to see an increase in the role that estate agents play in local communities. Once perceived...
06 January 2024
From: Features
![The housing market needs a real plan for growth](/upload/images/RPT%20Feature%200612.png)
There has no doubt been many commenting on Chancellor Jeremy Hunt’s recent Autumn Statement held a couple of weeks ago. We...
06 December 2023
From: Features
![Asking price discounts hit five-year high - Zoopla](/upload/images/Shutterstock-only%20images/Property%20Market/HousePrices_pound-400x310.png)
Agents and sellers are taking an average 5.5% discount on listings to secure a sale, new Zoopla data shows. The portal’s latest...
28 November 2023
From: Breaking News
![Wrong To Buy - our worst ever housing policy](/upload/images/__thumbs/1%20Proofed%20----%20%20EAT%20-%20IndustryViews%20(003)%20-%20October%202023%20by%20Graham%20Norwood.jpg/1%20Proofed%20----%20%20EAT%20-%20IndustryViews%20(003)%20-%20October%202023%20by%20Graham%20Norwood__400x267.jpg)
What a waste. Islington council announced in recent days that it will buy back 310 ex-council houses this winter, to add to...
21 October 2023
From: Features
![Asking price discounts hit four-year high as buyer’s market prevails](/upload/images/Shutterstock-only%20images/Property%20Market/2_MortgageCalculated.png)
The average discount to asking price has hit a four-year high as the market swings in favour of buyers, Zoopla says. The...
28 September 2023
From: Breaking News
![Chestertons: Price reductions declining as buyers return to the capital](/upload/images/Shutterstock-only%20images/Property%20Market/House_pound-400x310.png)
Fewer sellers are willing to cut their asking prices, Chestertons claims. The agent said vendors in the capital have already priced in...
21 September 2023
From: Breaking News
![Rightmove: Some sellers are still ‘too optimistic’ on pricing](/upload/images/Shutterstock-only%20images/Property%20Market/HouseForSale_400x310.png)
Asking prices have fallen by the largest level since March 2019 and discounts are at their highest in more than a...
18 September 2023
From: Breaking News
![Prime buyers remain ‘unrealistic’ about price cuts - claim](/upload/images/Shutterstock-only%20images/Property%20Market/House-pounds_400x310.png)
Buyer expectations of price discounts are too high, a prime agent claims. Jo Eccles, founder and managing director of prime London buying...
07 September 2023
From: Breaking News
![Buyer caution isn’t translating into ‘large price discounts’ (yet)](/upload/images/Shutterstock-only%20images/Property%20Market/HousePrices_balancing-400x310.png)
Properties are taking longer to go under offer but there is no evidence of large discounts on asking prices yet, Hamptons...
14 July 2023
From: Breaking News
![Large asking price discounts hit three-year high - Zoopla](/upload/images/Shutterstock-only%20images/Property%20Market/Propertycalculator-400x310.png)
The level of sellers accepting an asking price discount of 5% or more has hit a three-year high. Zoopla’s latest House Price...
28 June 2023
From: Breaking News
![Lomond unveils new staff benefits and wellbeing platform](/upload/images/Shutterstock-only%20images/Property%20Market/BTR%20and%20affordable%20housing%20-%20By%20Andy%20Jones%20Property%20Investor%20Today%20BuildToRent-400x310.png)
Agency acquirer Lomond has launched a new benefits and wellbeing platform for its 1,100 staff and pledged to raise £25,000 across...
19 June 2023
From: Breaking News
![Hamptons: We are not in a buyers’ market (yet)](/upload/images/Shutterstock-only%20images/Property%20Market/Help%20to%20buy%20equity%20loan.jpg)
The housing market hasn’t yet tipped in favour of buyers, new agency data suggests. Figures from 550 estate agency branches across Great...
09 May 2023
From: Breaking News
![Prices and activity fall across prime London housing market](/upload/images/Shutterstock-only%20images/Flags%20%26%20Locations/London1-400x310.png)
The prime London property market appears to be finding a new level as sales, demand and prices slide, LonRes claims. Figures from...
19 April 2023
From: Breaking News
![Zoopla: Sales are slower but market is moving](/upload/images/Shutterstock-only%20images/Property%20Market/HouseForSale_400x310.png)
The level of agency stock has almost doubled since last year but repricing is on the rise and sales are taking...
05 April 2023
From: Breaking News
![LonRes: Asking price discounts are widening](/upload/images/Shutterstock-only%20images/Property%20Market/Housing_Market-400x310.png)
The average discount to asking price on a sold property has almost doubled since last July as sellers are becoming ‘more...
14 March 2023
From: Breaking News
![Zoopla: Asking price cuts hit five-year high](/upload/images/Shutterstock-only%20images/Property%20Market/Housing_Market-400x310.png)
Sellers are cutting asking prices by an average 4.5% discount to achieve a sale, Zoopla claims. The figure is the highest for...
28 February 2023
From: Breaking News
![Agency stock grows but sellers must adjust expectations - Zoopla](/upload/images/Shutterstock-only%20images/Property%20Market/PropertyNews3-400x310.png)
Agents are seeing more stock coming to the market but Zoopla is warning about seller expectations. The latest Zoopla House Price Index...
30 January 2023
From: Breaking News
![Criminals ‘bombarding’ homeowners with fraudulent energy offers](/upload/images/Shutterstock-only%20images/Energy%20and%20Green%20Homes/_EcoHome-400x310.png)
Scammers are “bombarding” homeowners with fraudulent offers on green energy or insulation to allegedly boost their property value and cash in...
03 January 2023
From: Breaking News
![Property demand halves as ‘race for space’ ends - Zoopla](/upload/images/Shutterstock-only%20images/Rental%20Market/RentalDemand-400x310.png)
Property demand has halved but the slowdown is focused on the previously popular rural and coastal areas, Zoopla has revealed. Higher mortgage...
22 December 2022
From: Breaking News
![Portals rule out cost of living fee cuts for agents](/upload/images/Logos/ZooplaLogo2021-400x310.jpg)
The major property portals have ruled out cuts and discounts to agency fees amid the cost of living crunch. Estate agents, like...
02 December 2022
From: Breaking News
![Increasing numbers of SSTC homes returning to the market – Zoopla](/upload/images/Shutterstock-only%20images/Property%20Market/HousingMarket_400x310.png)
One in 15 homes formerly sold by agents are returning to the market after the original sale collapsed, new data shows. Analysis...
28 November 2022
From: Breaking News
![Household bill support may bring long-term pain to property market - warning](/upload/images/Housing%20Market%20%26%20Property%20Images/cost-of-living_400x310.png)
Prime London discounts are widening and tempting buyers but there are longer term economic risks that could hit the property market,...
14 September 2022
From: Breaking News
![‘Slow to sell properties’ command discounts of up to 17% - research](/upload/images/Housing%20Market%20%26%20Property%20Images/Balance-400x310.jpg)
Properties that are slow to sell are typically commanding a discount of up to 17% off England’s average house price, research...
12 September 2022
From: Breaking News
![Cash only! Research reveals price discounts for mortgage-free buyers](/upload/images/library/UK-Cash-20-400x310.jpg)
Sellers are willing to cut their asking price expectations by as much as £150,000 to attract a cash buyer for a...
05 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
![PropTech Today: Nurturing new PropTech into the industry](/upload/images/Site%20logos/ProptechToday-1-400x310.png)
In this piece, Nathan Emerson, CEO of Propertymark, discusses how the trade body is working to ensure member agents get the best of...
10 August 2022
From: Breaking News
![Relisted homes coming back up to £21,000 cheaper – claim](/upload/images/Housing%20Market%20%26%20Property%20Images/GenerateRevenueImage-400x310.jpg)
Homes that agents are putting back on the market after a fall-through are being relisted for as much as £21,000 cheaper,...
02 August 2022
From: Breaking News
![Analyst: ‘Agents can’t do without Rightmove’](/upload/images/Logos/RightmoveNewLogo2016-400x310.jpg)
Rightmove has been backed to weather the cost of living crisis and a property market downturn. Analysis by investment service Wealth Club,...
01 August 2022
From: Breaking News
![Sales are slow and discounts are up but fall-throughs aren't rising (yet)](/upload/images/Housing%20Market%20%26%20Property%20Images/AdobeStock_345890261.jpeg)
Properties are staying on the market for longer and discounts are rising but fall-throughs are not increasing yet, data suggests. Heather Staff...
28 July 2022
From: Breaking News
![It's a (new) date! allAgents moves awards closer to Christmas](/upload/images/Miscellaneous/Award-400x310.png)
Industry comparison website allAgents has announced a change of event date for their 2022 Customer Experience Awards Ceremony. It will now be...
25 July 2022
From: Breaking News
![Boomin pledge to reveal ‘agents who pay’ next week](/upload/images/library/Boomin-Logo-400x310.jpg)
New portal Boomin suggests it has “thousands” of agents who have signed up on a paid basis. The portal - which launched almost...
30 March 2022
From: Breaking News
![Historic Humberts wants to build on nine-office franchise network](/upload/images/Housing%20Market%20%26%20Property%20Images/OpeningHours400x310.jpg)
Historic estate agency group Humberts - which was at risk of disappearing entirely just over two years ago - has opened...
28 January 2022
From: Breaking News
![Net Zero carbon scheme launched for agents](/upload/images/library/GreenEnvironment-400x310.png)
A new membership scheme aiming to increase the industry’s energy efficiency credentials is being launched next year by allAgents. The Sustainable Agent...
15 November 2021
From: Breaking News
![Agency identifies plenty of price reductions even in today’s market](/upload/images/Housing%20Market%20%26%20Property%20Images/property-sales400x310.png)
The market may be soaring in most of the country but there are still locations where significant numbers of properties sell...
12 November 2021
From: Breaking News
![Stamp Duty could be changed to promote energy efficiency - top agency](/upload/images/Housing%20Market%20%26%20Property%20Images/StampDuty1-400x310.jpg)
A leading estate agency says the government may have to use stamp duty and council tax as incentives to persuade owners...
09 November 2021
From: Breaking News
![10% of wealthy buyers want discounts if they miss SDLT deadline](/img/default/eat.png)
One in 10 buyers say they will seek to renegotiate on the price of their chosen home if they miss the...
21 June 2021
From: Breaking News
![Pro-Ownership and Anti-NIMBY laws likely in Queen’s Speech](/img/default/eat.png)
Government leaks ahead of today’s Queen’s Speech suggest a major planning shake-up is set to stop NIMBY objectors to new homes. News...
11 May 2021
From: Breaking News
![OnTheMarket to boost investment in new products](/img/default/eat.png)
OnTheMarket says it’s going to increase investment in new products and services, and invest further in ‘internal website development resources’. In a...
23 February 2021
From: Breaking News
![Cash buyers bagging big discounts in London says agency](/img/default/eat.png)
A prominent London agency says cash buyers are securing substantial discounts in prime areas of the capital. The biggest cash discount currently...
11 December 2020
From: Breaking News
![Top things to look for in a valuation tool](/img/default/eat.png)
Here at The ValPal Network, we know that there are other options available when considering to use a valuation tool, so...
27 October 2020
From: PropTech & Innovation
![Offers and instructions show signs of promise in Prime London](/img/default/eat.png)
New instructions almost doubled across prime areas of London in September compared to the same period a year ago, while the...
15 October 2020
From: Breaking News
![Big revenue rise for OnTheMarket but agent numbers stalling](/img/default/eat.png)
OnTheMarket’s latest trading update shows a significant rise in revenue but agency branch membership numbers stalling. Revenue was up 28 per cent...
13 October 2020
From: Breaking News
![Rightmove’s loss “10 times any other top portal in the world”](/img/default/eat.png)
Rightmove, which recently posted a 37 per cent drop in revenue for the first six months of 2020, has lost almost...
11 September 2020
From: Breaking News
![Zoopla tells agents - we're free until January if you commit long-term](/img/default/eat.png)
The battle between portals is hotting up again with Zoopla repeating its offer of free listings until January for agents committing...
02 September 2020
From: Breaking News
![Deep Dive: what did the Zoopla Rental Market Report reveal?](/img/default/eat.png)
The Zoopla Rental Market Report, published this week, mentioned a two-speed rental market, but what does that mean? We are seeing two...
08 August 2020
From: Features
![Confirmed: 30% discount for first time buyers under new scheme](/img/default/eat.png)
Housing Secretary Robert Jenrick has confirmed that the First Homes scheme will provide newly built homes at a 30 per cent...
07 August 2020
From: Breaking News
![Prime London market improving despite transactions slump - bank](/img/default/eat.png)
A housing market snapshot for prime London shows a fall of over half in the number of £1m-plus properties sold so...
31 July 2020
From: Breaking News
![OnTheMarket bags another 500 branches with ‘welcome shares’](/img/default/eat.png)
OnTheMarket says almost 500 branches have signed up in recent months, entitling their business owners to ‘welcome shares’. Of those branches signing...
02 July 2020
From: Breaking News
![Rightmove's new fees cut just kicks can down the road, say campaigners](/img/default/eat.png)
The Say No To Rightmove campaign says the portal has merely kicked the fees can down the road, deferring a long-term...
25 June 2020
From: Breaking News
![Sale price discounts diminish as market strengthens](/img/default/eat.png)
Price discounts are diminishing as the housing market strengthens, according to data from Knight Frank. The average discount to the asking price...
17 June 2020
From: Breaking News
![9,000 branches on paying contracts with OnTheMarket, portal says](/img/default/eat.png)
OnTheMarket says in a trading statement this morning that as of May 31 only some 9,000 branches were on paying contracts...
11 June 2020
From: Breaking News
![Property Natter – who are the challenger portals?](/img/default/eat.png)
The only story that has come remotely close to pushing coronavirus – and its various knock-on effects – off the top...
06 June 2020
From: Features
![London Labour council opposes 30% discount for first time buyers](/img/default/eat.png)
A Labour council in London has come out against the government’s plan to offer 30 per cent discounts to first time...
06 May 2020
From: Breaking News
![Say No To Rightmove leader demands “no return to full tariff”](/img/default/eat.png)
The leader of the Say No To Rightmove campaign says that agents are demanding that there is “no return to full...
17 April 2020
From: Breaking News
![Foxtons furloughs 750 staff and slashes pay for high earners](/img/default/eat.png)
Foxtons says it’s furloughed 750 staff and asked high paid staff earning over £40,000 to take a 20 per cent pay...
17 April 2020
From: Breaking News
![Big surge in distress sales even before virus - top agent](/img/default/eat.png)
One of London’s most experienced estate agents says there has been a very significant surge in foreclosure sales in part of...
30 March 2020
From: Breaking News
![Property Natter – how is the industry coming together during self-isolation?](/img/default/eat.png)
Where else to start? Since my last Natter two weeks ago, all our lives have changed more than we could ever...
28 March 2020
From: Features
![Enough is enough – an alternative view on portal subscription fees](/img/default/eat.png)
It’s time to draw a line in the sand and condemn our rival portals for their current charging structure. Little will...
28 March 2020
From: Features
![Rightmove’s offer to agents may be the most generous in the world](/img/default/eat.png)
An international comparison of how major portals have discounted their charges to agents show Rightmove and Zoopla making “deeper and longer...
26 March 2020
From: Breaking News
![It doesn’t have to be like Spicerhaart - another agent’s approach…](/img/default/eat.png)
While controversy swirls around the approach and motives of the sackings and branch closures at Spicerhaart, other agents are showing how...
23 March 2020
From: Breaking News
![Top industry figure criticises Spicerhaart sackings and closures](/img/default/eat.png)
A senior figure in the industry has spoken out against the shock sackings and branch closures announced by Spicerhaart. Jon Cooke, chief...
21 March 2020
From: Breaking News
![Rightmove and Zoopla unveil offers for agents](/img/default/eat.png)
The two major portals have unveiled their discounts and deals for agents facing a dramatic loss of business because of the...
20 March 2020
From: Breaking News
![OnTheMarket gives short-term 33% discounts to ‘full price’ agents](/img/default/eat.png)
OnTheMarket this morning announced what it calls “a payment support initiative” for those agents paying full-price membership. It’s for three months and...
19 March 2020
From: Breaking News
![Stamp duty is a Southern tax and won’t hurt wealthy foreign buyers](/img/default/eat.png)
The stamp duty surcharge for non-resident investment buyers announced in yesterday’s Budget is dwarfed by discounts they receive thanks to the...
12 March 2020
From: Breaking News
![Flooded houses could suffer 30% hit on asking prices, says agent](/img/default/eat.png)
Buying agents are making waves about the hit on asking prices suffered by properties that have been flooded or are at...
21 February 2020
From: Breaking News
![Business rates: NAEA plea rebuffed by sacked government minister](/img/default/eat.png)
The government has dismissed a request from the NAEA and ARLA Propertymark to review business rates for agency offices on High...
18 February 2020
From: Breaking News
![Consumer group concerned over 30% cut price First Home scheme](/img/default/eat.png)
The HomeOwners Alliance, a leading property consumer group, has now suggested it has some concerns about the government’s First Homes scheme. This...
11 February 2020
From: Breaking News
![Consumer champion backs 30% discount scheme for local first timers](/img/default/eat.png)
One of the leading consumer groups has backed the government’s controversial First Homes policy, which aims to give 30 per cent...
10 February 2020
From: Breaking News
![30% Discounts: good idea but...er…how will they work?](/img/default/eat.png)
Not for the first time, a government policy on housing ends up begging more questions than it provides answers - but...
08 February 2020
From: Features
![Discounted homes for first time buyers scheme unveiled by government](/img/default/eat.png)
The government has announced its First Homes scheme - a policy under which it says some new homes will see their...
07 February 2020
From: Breaking News
![Boris Bounce on hold? Swathes of London still in the doldrums](/img/default/eat.png)
Coutts has identified areas of London where house prices are still below peak. Although the wealth manager and private bank says there...
07 February 2020
From: Breaking News
![Brexit challenges for agents and the property industry](/img/default/eat.png)
Suddenly Brexit Day is nearly here. It may have taken three and a half years from the Referendum but the UK will,...
25 January 2020
From: Features
![Watchdog issues “strong signal” to rogue agents who price-fix](/img/default/eat.png)
The Competition and Markets Authority says it wants to send “a strong signal” to the estate agency industry that price-fixing will...
24 January 2020
From: Breaking News
![Up! Up! Prime Central London transactions and prices rise at last](/img/default/eat.png)
Figures released this morning by data firm LonRes provide the latest evidence of a so-called Boris Bounce with the market improving...
21 January 2020
From: Breaking News
![Bah Humbug - Do we do too much for first-time buyers?](/img/default/eat.png)
There are reasons to be optimistic that a majority government will improve the housing market, simply by ending political and economic...
21 December 2019
From: Features
![30% ‘first timer’ discount: Top agent’s key questions for government](/img/default/eat.png)
A former residential chairman of the Royal Institution of Chartered Surveyors has posed key questions for the government to answer over...
20 December 2019
From: Breaking News
![Details of 30% discounts for 'First Home' local buyers revealed](/img/default/eat.png)
The government has given details of a scheme allowing 30 per cent reductions for what it calls ‘local first time buyers’...
19 December 2019
From: Breaking News
![Big Tory win: but agents warn over Stamp Duty and Section 21](/img/default/eat.png)
It’s a substantial Tory government for the next five years: what does this mean for estate agents, property and the market? We have...
13 December 2019
From: Breaking News
![Portal Fees: Rightmove, Zoopla and OTM explain their charges](/img/default/eat.png)
We recently asked readers for their questions to the portals - the questions they couldn’t really ask their local reps, but...
09 December 2019
From: Breaking News
![General election 2019: The housing crisis remains a top issue](/img/default/eat.png)
With Brexit still unresolved, the domestic agenda has been pushed from the headlines by the seemingly overwhelming public and political discord...
07 December 2019
From: Features
![Portals: How much does YOUR branch pay?](/img/default/eat.png)
The big question for the industry at the moment is the cost and future of portals. This is especially key for agents...
15 November 2019
From: Breaking News
![Exclusive: “multiple agents may quit Rightmove” says new group](/img/default/eat.png)
“Multiple”members of the new trade body, the Federation of Independent Agents, are considering cancelling their subscriptions to Rightmove. FIA founder Graham Lock...
12 November 2019
From: Breaking News
![TPO increases fees - and agents who generate most complaints pay more](/img/default/eat.png)
The Property Ombudsman scheme is increasing its fees in January for the first time in six years - and it’s implementing...
11 November 2019
From: Breaking News
![Five years in Prime London: prices down 15% and supply 45% down](/img/default/eat.png)
The latest market snapshot of prime central London suggests that homes there are now 15.2 per cent cheaper than five years...
11 November 2019
From: Breaking News
![Government blasted over Starter Homes failure](/img/default/eat.png)
The National Audit Office, a spending watchdog, has exposed the government’s Starter Homes policy with a damning critique of its failure The...
05 November 2019
From: Breaking News
![Introducing the purpose-driven lettings agency](/img/default/eat.png)
Enhanced customer care strategies, relationship-building schemes, cost-cutting measures and new revenue streams can’t help the lettings industry if the fundamental underlying...
23 October 2019
From: Features
![Big rise in London sellers slashing asking prices, admits agency](/img/default/eat.png)
A London estate agency chain says It’s seen a 59 per cent surge in the number of its clients who have...
21 October 2019
From: Breaking News
![Comfort for prime central London as transactions and instructions rise](/img/default/eat.png)
Stories with good news about the prime central London market seem few and far between but the latest figures from B2B...
17 October 2019
From: Breaking News
![Party Conferences: what agents should look out for](/img/default/eat.png)
If you thought - perhaps hoped - that five weeks of prorogued Parliament meant a break from politics, think again: the...
14 September 2019
From: Features
![Agency downgrades London and UK market forecasts](/img/default/eat.png)
Cluttons has downgraded its forecasts for the housing markets in London and the rest of the UK for the remainder of...
12 September 2019
From: Breaking News
![Stamp Duty: will conveyancers help buyers wanting to pay less?](/img/default/eat.png)
A London estate agency says one of its buyers wants to delay completion until November 1 “just in case stamp duty...