Senior Tory MP blames housing crisis for local election losses
More needs to be done to help people on to the property ladder, says cabinet minister.
Marc da Silva
Comings & Goings
Snippets of industry news: Davidson Estates appoints lettings manager; Watermans announces director appointments; Denzil Baisden lands new role.
Industry commentators seek better collaboration across the property transaction
Guest speakers will have their say about how people, processes and technology all have a part to play in enabling better collaboration across the property transaction - for the benefit of all.
Land supply shortages creating fierce competition among housebuilders
The limited supply of land coming through the planning system is also driving intense competition for sites.
House prices and rents are still rising despite inflationary headwinds
With strong demand and a lack of stock for sale, the average time it takes to sell a house has fallen.
Property industry reacts to latest Bank of England interest rate hike
Knight Frank, Winkworth, Savills, Chestertons, Rightmove, among the firms offering their views on the Bank’s decision to raise interest rates to deal with soaring inflation.
Well-established franchisee completes independent acquisition
The acquisition is the latest success for the franchise in 2022, following the completion of two other large purchases in recent weeks.
UK house prices soar – property industry reaction to latest Halifax HPI
The latest house price data has just been released.
How to spot Japanese knotweed before it is too late
Many homeowners want to limit the risk posed by the plant by getting rid of them at the earliest opportunity in order to protect the value of their homes.
Government urged to scrap stamp duty surcharge for landlords
According to Capital Economics, removing the stamp duty surcharge would significantly boost the supply of new private rented homes.
Joint open letter: PRS jeopardised by tenancy reforms
There are concerns that these far-reaching proposals will not be subject to full parliamentary scrutiny.
UK rents hit new record high
Every region in the UK sees a month-on-month price rise.
Tax per property transaction rises over a third in last three years
These figures highlight the enormous increases in property values.
Estate agents and suppliers join forces to raise money for Ukraine
A group of almost 50 industry figures are looking to raise money for the DEC Ukraine Humanitarian Appeal.
‘Price on application’ in property listings deemed unlawful
The National Trading Standards Estate and Letting Agency Team (NTSELAT) has set out its position that the use of ‘POA’ or ‘price on application’ in property listings is unlawful.
Bank of England poised to hike interest rates to 13-year high
The Bank of England is today expected to raise interest rates to their highest level since 2009.
Agent to hold free events ahead of landmark transformation in rental laws
The MD of Williams Estates has described the changes as a “watershed moment” for the sector.
Industry reacts as mortgage approvals dip
Approvals for residential property purchases remains above the 12-month pre-pandemic average.
Hunters network to adopt Zoopla’s Alto property software
Hunters has chosen Zoopla-backed Alto as their software partner.
First of 6,700 homes in new £7bn town launched
Argent Related has launched London’s new £7bn Brent Cross Town, the capital’s largest urban regeneration project by a single developer.