Propertymark calls on politicians to do more to help tenants on benefits
The industry body wants the government to end the freeze on LHA rates and improve how Universal Credit operates
Marc da Silva
Well-known estate agency acquires competitor
The new company will add to the estate agency’s existing offices
Purplebricks vendors offered ‘£300 cashback’ if they switch estate agent
Homesellers registered with the struggling online estate agency potentially stand to be left out of pocket having paid their fee upfront
Fast-growing estate agency opens new city centre office
The estate agency now has 20 offices
eXp UK named as nation’s fastest growing estate agency brand
The figures show that eXp UK ranks top for new instructions
BTL landlords plan to sell properties at record rate
The planned disinvestment by BTL landlords comes despite rental demand being at a record high
Competitive bids are back as unrealistic buyers lose out
It remains "incredibly sensitive" as far as buyers and sellers are concerned, says agent
Keller Williams UK plans to train over 200 new estate agency franchisees
New KW Academy set to launch in July aimed at agents wanting to start and run their own estate agency franchise
Petition calling on government to reinstate tax relief for landlords fails to hit signature target
The petition needed 100,000 signatures to force MPs to debate the topic in parliament
Interest rates raised to 4.5% by Bank of England – property industry reaction
The latest rate rise won’t have a huge impact on the housing market but sentiment will be dented if the peak starts to feel further away
Government plans to scrap leasehold system dropped
Reported dispute between Michael Gove and Downing Street results in end of pledge to abolish leaseholds
Well-established estate agency acquires sales stock from rival firm
Estate agent announces retirement from the residential sales side of the business
Is Michael Gove a communist? Nigel Farage and Russell Quirk discuss planned rental reforms
The government’s draconian tax changes have pushed a number of BTL landlords out of the PRS
Major Purplebricks investors offload shareholdings
Yesterday, Purplebricks announced that potential buyer, Strike, has been given an exclusive period to negotiate a purchase
UK house prices set to fall despite steadier outlook for the market
Buyer demand still appears to be subdued in the face of relatively high borrowing costs, the prospect of at least one more interest rate hike and ongoing affordability challenges
Comings & Goings
Snippets of industry news: Andrews names new group lettings director; The Ambitious Group appoints head of recruitment; Redrow hires new sales director
Industry figures pen open letter to Michael Gove calling for speedier transactions
The letter calls on the government to work alongside businesses across the sector to create a new ‘Time to Buy’ strategy
Significant drop in letting instructions as landlords flee buy-to-let sector
Rental prices anticipated to be driven higher over the next few months as demand continues to outstrip supply; capital gains tax receipts surge as landlords sell up
Mortgage rates remain static ahead of anticipated BoE interest rate hike
UK interest rates are expected to rise further today as inflation remains stubbornly high
Gender pay gap in estate agency widens
The estate agency sector has struggled to come closer to equal pay over the last decade