Hopes of a double interest rate cut before Christmas boosted as inflation falls to 1.7%
UK inflation fell to 1.7% in the year to September; Financial markets are pricing in an interest rate cut at the next Bank of England meeting
NEWS ARCHIVES
Comings & Goings
Snippets of industry news: Cluttons poaches Knight Frank star to lead agency business; Winkworth names replacement as company secretary leaves; Employees invest in agency
End of the mortgage price war? Another major lender increases rates
Major UK lenders have recently increased their mortgage rates, signalling the end of the mortgage price war that had seen rates falling for months
Estate agency boss says government’s ‘over-messaging of gloom’ is stifling growth
Estate agency urges the chancellor not to slam the brakes on growth
PropTech and agency launch 9% lettings management service
Some 30,000 landlords and property investors now use the firm’s platform to manage close to £2bn of UK rented property
£550m investment secured to build tens of thousands of new homes
The government is keen to unlock investment to deliver on its aims to build 1.5 million new homes over the next five years
Rents hit another record high as landlords brace for potential tax changes
The supply-demand imbalance continues to narrow year-on-year, but letting agents are still very busy with high numbers of tenants looking to move
New towns offer cheaper homes with strong growth potential – Halifax
New towns have played an important role over the years in helping to provide additional, affordable housing options across the UK
Fears over capital gains tax hike risks sell-off of one million homes
Chancellor Rachel Reeves is reportedly considering aligning CGT with income taxes – a move that will spark an “exodus” of landlords, research shows
Significant increase in hybrid and self-employed estate agents
As a collective, self-employed agents are now larger than Purplebricks and William H Brown, new data shows