Around half of sales agreed now are unlikely to beat stamp duty holiday deadline
A surge in demand ‘has created a bottleneck of transactions’, says mortgage broker.
Marc da Silva
East Midlands estate agency plans to expand nationwide
The hybrid agency has received significant investment from a private equity firm.
Sharp increase in housing supply in London as rents fall
A second national lockdown in England is unlikely to impact the prime London property market as the first one did.
Latest UK house price jump could ‘scare off first-time buyers’
Will chancellor Rishi Sunak’s stamp duty deadline be extended?
Transaction levels have returned to pre-Covid levels and ‘will increase’ further
The average sale now takes nine weeks ‘from offer to exchange’, says agency.
Updated referencing checks to support agents during lockdown
The proptech firm is looking to help agents cope with Right to Rent changes.
Housing market reopens for business
Wales’ 17-day firebreak ends today.
Average UK rents up 2.2% in 12 months to October
The average rent across the UK now stands at £974 a month, the latest figures show.
Government announces another £15m of funding to help those sleeping rough
The government says it is determined to look after those most in need.
Furlough scheme extension ‘has come at a cost for some employers’
Many firms were counting on the Job Retention Scheme Bonus.
Government announces new protections for renters
The government has published new guidance for landlords and tenants that agents will find useful.
New estate agency launches in Manchester
Bentley Hurst has opened its doors in Manchester.
Agents who were made redundant can be rehired and put back on furlough
Anyone made redundant after 23 September could benefit from the furlough scheme extension.
Bank of England’s QE will help ensure ‘demand for mortgages remains high’
The Bank of England predicts that UK GDP will shrink by 11% for the whole of 2020.
Property remains ‘the best place to invest money’ amid uncertainty
Residential property remains a popular investment choice.
No enforcement of possession orders except for the most serious cases
The government has provided clarification about the enforcement of possession cases during the second national lockdown.
Buyers and tenants undeterred by second lockdown, says Chestertons
The lockdown announcement has not been a deterrent for buyers and renters determined to move home.
Property investors plan to invest an additional £42bn by 2025
Investors in the UK’s residential investment sectors are looking to increase their exposure.
EYE on: Community Matters
Agents doing good things to help other people.
Michael Bruce urges agents to ‘embrace positive change’ as more firms commit to Boomin
Bruce says “all agents have a choice to make as we build to launch before the end of 2020”.