Property industry reacts to Rightmove House Price Index
Price of property coming to the market sees first fall this year.
Marc da Silva
Letting firm ordered to pay almost £10,000 for failing to carry out repairs
The company appeared in Court on Friday, represented by a director, who pleaded guilty on the firm’s behalf.
House prices fall sharply, survey shows
House prices are dropping, an influential survey shows.
Comings & Goings
Snippets of property industry news: The Agency UK welcomes a new partner; Connells Group appoints new HR director; TML bolsters BDM
Estate agency undertakes ambitious expansion plans
The Property Works bring together several teams into a single workplace.
Number of Scottish properties for sale halves since 2020, says estate agent
The number of properties advertised for sale in Scotland has nearly halved over the last two years, new data shows.
A century and not out! Estate agency celebrates 100 years on the high street
A Kent-based estate agency has celebrated its 100th year in business by hosting a party for staff members.
Time it takes to agree a sale is currently the quickest it has been since 2016 – claim
Fresh research suggests that the time it takes to secure an accepted offer on a property has fallen.
Well-established estate agency ceases trading and shuts all its branches
The long-standing estate agency has closed down after struggling in the current market; sales and letting books sold to well-known firm.
Tributes following sudden death of well-known estate agent
Tributes have been paid to popular businessman who founded a group of estate agents almost 40 years ago.
Savills highlights risks to UK housing market as half-year profits fall
There are growing signs that the UK housing market is starting to slow as a result of increasing interest rates, Savills said.
Long established estate agency moves to new HQ
The estate agency group has moved to a larger head office to accommodate its growing team following recent acquisitions.
PayProp to recognise top agents in exclusive awards ceremony
The PayProp Awards recognise the letting agents raising standards in the private rented sector through their use of technology.
It remains to be seen where housing will feature in ‘forthcoming political agenda’
While the race to see who will become the next prime minister heats up, there are growing signs that the economic pressures are starting to impact the housing market.
Number of homeowner mortgages in arrears drops 10% YoY
The total number of customers in arrears with their mortgages dropped 10% year-on-year, according to the latest data from UK Finance.
Help to Buy Q1 completions fall sharply
The latest Help to Buy statistics saw the number of first-time buyers helped fall by significantly, as house prices continue to rise and deposit gaps widen.
Top 40 EA Innovations of the Year
The Top 40 EA Innovations feature as part of this year’s EA Masters.
The Lomond Group completes major purchase, eyes ‘future acquisitions’
The Lomond Group has broken new ground in its expansion drive by acquiring a well-known agency.
Fall through rates stabilise despite lengthening time to buy property
The percentage of properties falling through has barely risen when compared with pre-pandemic, but it now takes significantly longer to buy a property.
UK housing activity is slowing as existing ‘indicators feel artificial’
Annual house price growth set to slow to single digits as supply picks up and demand cools.