Mortgage fall-throughs ‘a big concern’ as conveyancers fail to keep pace with transactions
Mortgage fall-throughs are a major concern as buyers try to beat the tide on increasing interest rate
Marc da Silva
Comings & Goings
Snippets of industry news: Savills announces new head of country house team; Propertynest expands; Russell Simpson beefs up letting division
Just 16% of property listings are compliant with upfront information rules – claim
Industry told that just 16% of property adverts on the main portals include the legally required Information
House prices to fall but soft landing predicted, underpinned by low housing supply
Jackson-Stops expects to see greater levels of supply enter the market in spring 2023 across its network as long-term mortgage rates begin to level out
Are you familiar with new housing laws?
Training has been made available to help agents navigate new housing laws
New partnership aims to speed up property transactions
Data is seen as key to getting properties to change hands quicker
How to disconnect from work and enjoy the festive break
While the week between Christmas and New Year is supposed to be a time to relax and unwind, for many agents, it can be difficult to unplug from work
Estate agency continues to grow after completing double acquisition
The estate agency, which celebrates its 180th birthday next year, now has 15 offices and more than 100 in-house staff
Interest rate hike a ‘a bitter pill to swallow’
More than 1.6 million households will see an immediate increase in their monthly mortgage repayments following the Bank of England’s latest rate increase
Propertymark to host ‘mammoth’ estate agency conference at Wembley
Propertymark will bring sales, letting, auctioneers, inventories, and commercial property agents together in a major united event
Estate agent brothers to host monthly networking dinner for independent agency owners
The agents say the EA Directors club has been born out of an increased demand for collaboration and support within the industry
Estate agents fined for anti-money laundering failures
Agents have been fined for breaching anti-money laundering requirements
UK estate agency sale-revenues expected to drop by over a quarter
Online agent nested estimates that the typical UK estate agency branch will have seen a drop in pipeline of 27% compared to this time last year
Beresfords launches campaign to tackle food poverty
The estate agency is inviting its employees and the local community to donate food to one of its 17 drop-off points across its branch network
It’s a buyers’ market as demand drops by more than a third
Almost three quarters of estate agents had most of their property sales in November agreed below the asking price
Property industry reacts to latest House Price Index data from ONS
UK house prices increase 12.6% but London sees a decline
eXp UK recognise top performing agents
eXp UK, which launched just under three years ago, has grown rapidly to reach over 350 agents across Britain
Overseas buyers are flocking to London due to dollar strength, says agent
The estate agency has seen a recent spike in the number of cash buyers registering to purchase property
Industry figures pen open letter to Michael Gove
Figures from across the industry have written an open letter to Michael Gove, calling for him to address the unsustainable pressures on the PRS
It’s beginning to look a lot like Christmas
Festive feeling: Agents transforms their window displays