Zillow shares fall after it pauses home purchases
Zillow has seen its share price tumble after the the online real estate firm said it would stop purchasing new homes.
Marc da Silva
Children invited to create estate agents Halloween window displays
With Halloween fast approaching, a Portishead estate agents is inviting children to help it create window displays for its local branches.
Hamptons raises over £9,000 for Cancer Research UK
Lesley Cairns, managing director at Hamptons: “The Cancer Research UK Summer Run and the Hamptons Charity Golf Cup bought members of the Hamptons team together all in aid of one fantastic cause.”
Purplebricks faces legal action from agents over holiday and pension pay
More than 100 workers say they were wrongly classed as self-employed by the online estate agency.
UK’s ‘poshest estate agent’ relaunches under new ownership
Strong foundations laid with new senior team at agency formerly owned by landed gentry.
Who is eligible for the £5,000 heat pump grant?
Homeowners will be encouraged to switch to a heat pump or other low-carbon technology when their current boiler needs replacing.
Halifax increases income multiple to 5.5 times salary
Lewis Shaw, founder of Shaw Financial Services: “When will people realise that rising house prices make everyone poorer, not better off?”
Property firm acquires lettings business
Joe Gervin, LPS real estate director: “These days, you often see the larger corporates snapping up the smaller agencies so, as a growing independent, we are delighted to get this opportunity.”
Housing supply shortage pushes London rents up 15% – Chestertons
Richard Davies, head of lettings at Chestertons: “Rents have risen sharply and tenants now have a much more limited choice than they did last year.”
Housebuilding volumes will not recover to pre-pandemic volumes until 2026
New housing delivery peaked in 2019/20 at 220,000 homes, but fell to 190,000 in 2020/21.
Grants for heat pumps, but NRLA wants clarity for BTL landlords
Ben Beadle, chief executive of the NRLA: “Eighty per cent of private rented households have gas central heating and replacing such systems will be both costly and vital to achieving net zero.”
Demand from tenants hit record high
Richard Rowntree at Paragon Bank: “With this seasonal demand added to already high levels of tenant demand, we are beginning to see a shortage of property in certain parts of the PRS.”
New boards ‘quite unlike anything that’s been done before’
George Cobb said: “For Sale and Let Boards outside homes are still one the most effective ways to generate interest for a property.”
allAgents integrates Google Reviews onto its platform
Estate agents will now be able to link their Google Review account to their allAgents account, giving customers the option of posting a review on bth platforms.
Property market imbalance ‘has the potential to lead to depressed sales’
Simon Brown, CEO of Landmark Information Group: “Many aspects of the market are starting to present more stable figures.”
Estate agent wins double silver in Best Business Women Awards 2021
Deborah Richards took home silver in ‘Best Business’ and ‘Best Consumer Business’ for her customer-focussed service and resilience throughout the pandemic.
Spicerhaart relaunches staff incentive scheme
Paul Smith, chief executive of Spicerhaart: “We love to reward our best performers and always look for extraordinary experiences to incentivise our teams.”
Knight Frank named best customer experience brand in the UK
Knight Frank was successful in securing the overall winner’s award against a collection of other leading global brands, which included Mercedes Benz, HSBC, Vodafone, O2 and TalkTalk.
Agents urged to promote the benefits of smart meters
Isobel Thomson: “Letting agents can play their part by explaining the many benefits of smart meters and supporting tenants by showing them how simple it is to have a smart meter installed.”
Almost two-thirds of homes have poor EPC ratings
Matt Gilpin, CEO of Sprift: “These figures around how many properties fall into the lower EPC ratings categories, and the amount of CO2 emissions they produce, are alarming.”