Comings & Goings
Snippets of industry news: Chartwell Noble expands with two new partners; Ex-Knight Frank agent of 20 years joins Moveli
NEWS ARCHIVES
Agents blame government’s ‘anti-landlord rhetoric’ for fall in rental homes
Many agents are concerned that the Renters’ Right Bill in its existing form will dissuade landlords from reinvesting or deterring new entrants into the market
Two in five working households priced out of buying a home
Access to homeownership is a major challenge for workers across Britain
Upgrading rental homes to meet 2030 target could cost more than £23bn
An estimated 2.9 million properties need to be improved under the government’s proposal for rental homes to reach a minimum EPC rating of C by 2030
Homesearch joins forces with MRI Software
The new collaboration will deliver direct access to Homesearch’s property information within the MRI Sales Lettings solution
Property transactions face delays after banks given power to delay suspicious payments
Legal expert warns transactions could suddenly be delayed on the day of completion, with a possible four day wait before release of funds; bad news for home movers and estate agents
Independent estate agency acquires rival firm
The seven-branch estate agency is looking to strengthen its market presence after completing purchase of competitor
Renters will pay the price of Labour’s ‘anti-landlord’ tax, says Purplebricks boss
The online estate agency has seen a wave of landlords exiting the market ahead of the Budget on 30 October
Less than a fifth of agents have seen a rise in OTM leads since CoStar Group takeover – poll
OnTheMarket has set its sights on becoming the number one portal in the Britain, supported in part by a multi-million pound marketing media campaign
Mortgage rate war heats up as major lenders cut rates again
Competition between mortgage lenders intensifies after Bank of England governor Andrew Bailey said BoE could become “a bit more activist” in its approach to cutting interest rates