Prime London sales market starts the year better than expected
So far, the evidence is that buyers and sellers have accepted the fact higher mortgage rates are here to stay
Marc da Silva
UK government urged to address chronic undersupply of housing
The government is set to miss its housebuilding target
Property firm confirms leadership reshuffle as it targets £100m of acquisitions
The current CEO will take on a new role as executive chairman, while the chief investment officer and chief operating officer will become Co-CEOs
Week-long events to help agents better understand challenges facing conveyancers
The conveyancing sector has taken a bit of a bashing, but organisers of National Conveyancing Week say this is an opportunity to highlight some of the challenges facing the industry
Well-established estate agency to close high street offices
The estate agency says it is closing the branches as the firm adapts to ‘new ways of working’
UK house prices ‘will be 10% lower’ by end of 2023
UK property prices dropped by an average of 2.4% across the UK in Q4 2022, with further declines anticipated this year, led by falls in London and the wider South East of England
Labour pledges to ‘tilt the balance of power back towards tenants’
Labour plans to launch major review into private home rents
Demand for property up as price sensitive buyers return to the market
Buyer demand has rebounded in the first weeks of January in line with pre-pandemic levels
Comings & Goings
Snippets of industry news: Charles Medina moves from Savills to become a director at Strutt & Parker; Directorate change at Foxtons; Preston Baker welcomes Kirsty Burrows
Advertising watchdog resolves complaint against major housebuilder
The complainant challenged whether claims made by the housebuilder that 'all brand-new homes came with an EPC rating of A or B' was misleading
Should estate agents be licensed?
It is now four years since ROPA recommended that estate agents be regulated by an independent regulator, with mandatory qualifications, licensing and a code of practice. But is this still necessary?
Surge in holiday let deals as lenders return
There are now more than 400 deals available to holiday let
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
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
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