Strike to reassess business model as it plans substantial job cuts
More than 150 jobs could be affected as the economic downturn compromises the agency’s operating model
TOP NEWS STORIES
Six agents expelled from the Property Ombudsman Scheme
Agents in London, Derbyshire, Blackburn have been banned from the Ombudsman scheme
Estate agency delivers on ‘growth strategy’ by acquiring rival firm
The acquisition further strengthens the agency’s presence in the local area
Cash is king – but where can buyers negotiate the biggest discounts?
New research has revealed the regions where the most savings can be made by paying in cash
Rental market shows no sign of slowing as tenants face biggest rent hikes in ‘decades’
The rental market remains buoyant, and the majority of BTL landlords are still receiving multiple applications for their properties
Website woes: how do you know when it is time for a refresh?
A good online presence is vital to the success of estate agents today
Estate agency sector tipped for year of healthy growth
Analysis by Nested reveals the industry is bouncing back strongly from recent uncertainty
Energy efficiency increasingly important to homebuyers, survey reveals
Rising costs and future regulations are playing a part in the decision-making process
House price rises fuelling HMRC’s inheritance tax take
Families in London and South East are most affected by the phenomenon, according to Wealth Club
Penalty figures put property sector high on tax list of shame
RIFT Tax Refunds analysis reveals the total of fines issued within the sector since 2010
London breaks record for £5m-plus sales in 2022
Last year beat previous top-performing years of 2021 and 2013, according to Savills data
Property groups warn government over student housing reform
The NRLA and BPF are among the organisations pleading with ministers to roll back plans
LSL eyes growth in financial services after selling Marsh & Parsons
The company has told shareholders that its financial services offers significant room for growth
Foxtons prepares for a ‘more challenging’ housing market
Foxtons says the economic outlook for the year ahead remains uncertain
EYE NEWSFLASH: Dexters acquires Marsh & Parsons from LSL
Dexters plan to double the size of the Marsh & Parsons business in line with the ongoing expansion of the estate agency group
Savills instructed to sell the ‘most complicated house ever built’ for £30m
The estate was put on the market three years ago, but visitors were limited because of the Covid pandemic
Is hybrid working the key to solving the property recruitment crisis?
Research reveals the benefits of flexible working in attracting and retaining talent
Estate agents told not to rely on Rightmove to sell property amid tougher trading conditions
So, what is the key to selling property in the current market?
Online agents increase market share
Purplebricks, Yopa and Strike remain the dominant online agency brands
UK faces chronic shortage of rental homes, alarming new data shows
The availability of stock within the owner-occupied market is now back to a pre-pandemic norm, but the reverse is true for the letting market as BTL landlords rapidly withdraw from the sector
Howzat for a deal as estate agency agrees ‘big-hitting’ partnership
The existing arrangement has already helped to generate fresh business for the estate agency
New letting and property management consultancy to launch
Elite Consultancy Group is the joint enterprise of two former LSL Group employees with 30 years’ combined experience
Rogue landlord ordered to pay £52k for illegal extension and tiny rooms
Unscrupulous landlord caught out for putting profit before people
New online training program for estate agents
New initiative aims to increase understanding of the conveyancing process
Scottish government urged to declare a ‘housing emergency’
Scottish Conservatives say the buck stops with Nicola Sturgeon’s government for this housing crisis north of the border
Rents rise again, with growth in London and Scotland outstripping inflation
The UK’s sustained rent rises come on the back of higher demand from renters
Online letting platform launches funding round on Seedrs
The online letting firm says it has over 20,000 registered landlords and more than 1,500 rental properties under management
AML activity spike ‘suggests market bounce-back underway’
Credas Technologies says its data shows property sector naysayers have been over-pessimistic
EYE NEWSFLASH: OnTheMarket delivers ‘strong growth and profitability’
Jason Tebb, CEO, says OTM has made significant progress when it comes to renewing contracts with agents