Bank rate-setter warns further interest rate rises needed to curb inflation
Interest rates will almost certainly need to rise again to crush inflation, a top Bank of England policymaker has warned, in yet another blow to mortgage borrowers
Marc da Silva
Trend of more tenants with fewer rental properties to continue, agents say
There is growing evidence that landlords are fleeing the market, despite a surge in demand from renters
Experienced letting agent opens her first estate agency
Town's newest estate agent is from the area and claims to have a good understanding of the local market
ZPG unveils new name and brand for its property division
The rebranded division brings together some well-known brands, including Zoopla, Alto and Hometrack
The Property Franchise Group reports record revenue despite drop in sales
The property franchising division saw revenue boosted by a hike in rents helping to offset the fall in sales transactions
Reapit revels in 13-branch estate agency’s endorsement
Reapit has expressed its enthusiasm for the extended partnership agreed with the estate agency. Will it encourage other agents to sign up to its technology and service?
Comings & Goings
Snippets of industry news: TPO welcomes two new non-executive directors; RICS announces Alexandra Marks CBE as new presiding chair of the Regulatory Tribunal; Savills hires new director
Investors welcome merger plans as firm’s shares soar
Under the new initiative, the firm says it will offer a simplified operating structure under a single business
Marketing firm launches budgeting course for agents
Effective marketing is key to helping estate agents embrace opportunities on a limited budget, says consultant
Man in his 20s killed as car crashes through estate agents
The driver died after the car he was travelling in crashed through the side of an estate agents in a busy town centre
More pain for tenants as rents set to sky-rocket as house prices stabilise
Higher interest rates have so far put greater upwards pressure on rents than they have downward pressure on house price
Connells Group given go-ahead to open new office in town centre
Councillors unanimously voted in favour of the application
The Renters Reform Bill: How can agents tackle conscious and unconscious bias during tenant applications?
Agents will be facing a host of new legal requirements under the new reforms
Number of new homes gaining planning consent continues to nosedive
Despite a chronic housing shortage, HBF warns that housing supply could halve to around 120,000 homes a year
Government urged to help homeowners and renters with cost-of-living crisis
A growing number of people face financial hardship. But could a mortgage tax relief scheme help?
Government to promote Property Logbooks via the First Homes Scheme
First Homes is a new scheme designed to help local first-time buyers and key workers onto the property ladder, by offering homes at a discount of up to 50% compared to the market price
Boards approve proposed merger
The merger will take place on 1 October 2023
Savills launches new TV advertising campaign
The advertising campaign is very much aimed at home movers, with a particular focus on the emotion of moving property
Property industry reacts to another drop in UK house prices
House prices are falling at their fastest rate since the financial crisis and have hit their lowest level in real terms since 2016
Historic estate agency opens new city centre ‘super office’
The well-known estate agency has been established in the city for around 100 years