UK Sotheby’s International Realty opens a new office in prime central London
The opening of the Knightsbridge office aims to increase local market share
NEWS ARCHIVES
BTL landlords paying 40% more mortgage interest YoY
Latest data shows mortgaged investors handed over an average of 37% of their rental income in mortgage costs, up from 28% a year ago
Supply-demand imbalance continues to push up rents
In September, there was an average of 19 renters per new instruction across London, says Foxtons
Well-established franchisee acquires independent estate agency
The estate agent, who already operates three branches, will be opening a fourth office following the purchase
What’s happening in the UK property market this week?
Are house prices and transactions on the road to recovery?
UK estate agents earn lowest fees among world’s largest property markets
New analysis looks at how agent earnings differ from one country to another
Mortgage rates ‘are not falling fast enough’ to boost sluggish market activity
Housing demand remains weak and is likely to remain so in the near-term
Comings & Goings
Snippets of industry news: Spicerhaart appoints property management area director; Jon Notley leaves Connells Group; Kit Myrie moves to new Martin Co branch in Battersea
Leaders Romans Group instructed by Alton Towers for new marketing campaign
Haunted doll house has hit the rental market – it can be viewed on Rightmove and Zoopla
DLUHC introduce new shared ownership rent reforms
The Department for Levelling Up, Housing and Communities yesterday introduced a series of reforms to shared ownership rents