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Housing industry reacts to new required information rules on listings
New compulsory information on all listings, designed to help home movers make informed decisions about a property, has been broadly welcomed by the property industry.
Alarmingly high number of landlords not familiar with upcoming EPC changes
Almost half of non-portfolio landlords were unaware of EPC changes, new poll finds.
Greater demand for PPC ads as agents compete for new instructions
With less property stock available and sales opportunities, estate agents are increasingly likely to use paid marketing channels, according to lead generation specialists Homeflow.
Global Risk Partners acquire a majority stake in Hamilton Fraser
Global Risk Partners has agreed to acquire a majority stake in Hamilton Fraser for an undisclosed sum, subject to regulatory approval by the Competitions and Market Authority.
Number of properties listed for sale with estate agents drops by a fifth
Every region of England and Wales has seen significant rises in the percentage of housing stock that is sold subject to contract, new figures show.
Estate agency comparison platform expands into the mortgage sector
The estate agency comparison site now features more than 1,000 agents nationwide, including well-known brands, such as Leaders, EweMove and Northwood.
Strutt & Parker forecasts 7% UK price growth for 2022
Strutt & Parker has maintained its previous-quarter prediction of 7% best-case scenario growth in 2022 for the UK and 10% in London..
Government urged to fix major ‘injustice of its own making’
Michael Gove’s previous pledge to protect leaseholders and make the housebuilding industry pay for the cladding crisis ‘now ring hollow’, it is claimed.
Fast-growing agency secures another brace of acquisitions
Manchester-based Thornley Groves, part of the Lomond group, has completed the acquisition of two well-established businesses.
Growing speculation that one of UK’s oldest agencies has closed permanently
The office of one of the UK’s oldest estate agents has been repossessed, while the firm’s director has had his role terminated. Has the company entered receivership?
Property industry reaction to Rightmove House Price Index
Estate agents reflect on the biggest ever monthly property price jump. Is there further room for growth?
Rent controls ‘will backfire’
The mayor of London has once again called on the government to hand him extra powers so he can cap rents in London, and similar moves are being made in Bristol and Wales.
Comings & Goings
Snippets of property industry news: Industry charity welcomes new chair; Oliver Custance Baker to head up Strutt & Parker's country house department; Bob Young retires
Fear of missing out fuels record house prices
There are signs that both buyers and sellers fear missing out in the current competitive market, which in turn is placing upward pressure on house prices.
Data enhancements aim to help agents ‘drive business growth’ and boost ROI
New unique data reporting features are designed to give agents ‘a major competitive market edge’, it is claimed.
Summit to focus on speeding up transactions and reducing fall throughs
Propertymark says it is keen to work collaboratively with the conveyancing world to ensure all parties can broach solutions that will benefit agents, consumers, and conveyancers alike.
Housing market continues to level up but ‘size, as they say, isn’t everything’
New data shows how the UK property market continues to level up after the pandemic, but where is the next £1,000psf markets?
Homeowners narrowly avoid injury after tree crushes house
A family in Essex were extremely fortunate not be seriously injured when a 400-year-old oak tree uprooted by Storm Eunice crashed through the roof of their house.
Proposed law change would end cladding injustice, says NRLA
An amendment tabled to the Building Safety Bill by the Conservative Peer, Lord Naseby, will, if passed, mean all leaseholders are treated equally.