What is currently happening in the UK property market?
Sharp rise in number of agreed UK house sales, but agents overvaluing remains a huge issue
NEWS ARCHIVES
Purplebricks targeting 10% market share within two years despite job cuts
Purplebricks boss believes the online estate agency offers room for growth despite the company currently cutting up to 15% of its workforce
New estate agency launches offering ‘three services under one roof’
The new joint venture brings together estate agency, mortgage services and legal support
Comings & Goings
Snippets of industry news: Ex-Purplebricks CFO land major new role; Ex-Jackson-Stops and Marsh & Parsons agent joins Harding Green; UK Sotheby’s International Realty appoints senior director
Established property firm expands into estate agency
The property firm, which launched 12 years ago, has expanded into estate agency
Propertymark One to return in June 2025!
Propertymark plans to build on 2024’s conference by showcasing an even larger number of speakers, exhibitors and property professionals together under one roof
UK homeowners ‘sitting on £80,000 in property value gains on average’
Homeowners who have acquired their properties in the last 20 years have enjoyed a substantial increase in value averaging around a £80,000 rise, new analysis has shown
Acceleration in rent and mortgage spending highlights ongoing volatility
Spending on rent and mortgages increased in September
BTL landlord fined for unlicensed HMO
Since the new licensing scheme was introduced in June last year, the council has issued 555 licences for HMOs
Rachel Reeves will not raise capital gains tax on second homes
The chancellor is expected to leave the rate of capital gains tax on the sale of second homes and buy-to-let properties untouched