Law firm vows to make agents more money by slashing fall-through rates
The company makes the pledge after taking on an extra 40 conveyancers last year
Marc da Silva
Propertymark CEO urges Scottish government to reverse tax hike
Propertymark CEO Nathan Emerson has personally written to deputy first minister, John Swinney, about the Scottish government’s decision to increase the Additional Dwelling Supplement
Mortgage activity slows ‘as borrowers expect rates to drop’
Borrowers are hoping to lock in to lower rates
Fine & Country to hold a recruitment open evening in Mayfair
The event will be held on Tuesday 7th February from 6pm and will provide networking opportunities over welcome drinks
Estate agents found sleeping rough outside their firm’s office
The estate agents braved some blustery conditions
London’s prime property market not immune to political and economic uncertainty
Political and economic uncertainty, exacerbated by the September ‘mini-budget’, impacted both the prime and mainstream markets in London
Rogue agent who ordered staff to make false claims is jailed
The head of a Martin & Co office in Wolverhampton was sentenced to 28 months in prison
Estate agents struggling to attract and retain staff as job vacancies grow
Half of employees says they ‘hate their boss’
‘Difficult time for online agents’, says city analyst
Many property sellers are expected to become more selective of their estate agents
‘New year bounce’ drives house prices higher, says Rightmove
These statistics give reasons for some positivity
LSL sells off two new build brokerage firms
LSL said it disposed of the companies to simplify the group
Estate agency grows north London network with 13th branch
The estate agency celebrated the opening of their latest office with friends and colleagues on Saturday
New landlord guidance about health risks of mould to be published this summer
The government has been forced to act after coroner instructed ministers to take action following the death of two-year-old Awaab Ishak
BTL landlords plan to flee the market as rent arrears look set to rise
The majority of agents expect to see more landlords leave the market in 2023
Supply of new properties for sale returns to 2019 ‘norm’
From 2014 to 2019, the UK has seen about 1.2 million transactions per annum. This might be defined as a ‘normal’ market, comparable with HMRC transaction volumes
Firms must ‘make some hard decisions’ as discontent among property professionals grows
Property professionals are becoming more disillusioned as discontent over pay grows, along with demand for a better work/life balance
Property transactions face delays as Land Registry set for February strike
The strike action announced yesterday will slow down the housing market at a time when it is already facing delays
Comings & Goings
Snippets of industry news: Connells welcomes new divisional MD; Liz McLean joins TCHD as a director; Barratt appoints next chair
Major housebuilder says housing market recovery ‘too early to call’
The housebuilder plans to develop fewer homes after seeing a notable fall towards the end of last year
Surge in mortgage rates hit housing affordability as FTB’s pay 39% of net salary
Mortgage rates are 3 percentage points higher than they were this time last year