Surge in rents reflects ‘how intense the imbalance is between supply and demand’
The number of properties coming to the market in February was down 5% compared to January, while demand continues to soar
NEWS ARCHIVES
Lack of budget incentives prompting landlords to exit buy-to-let market
The failure of the government to reintroduce mortgage tax relief has led to widespread disappointment
New report to help estate agents assess climate change risks on any property
The report aims to help property professionals and investors understand the current and potential future climate-based risks
My Auction founder launches new service ‘estate agents can offer their clients’
Stuart Collar-Brown, who has worked in the property industry for more than 20 years both as an estate agent and property auctioneer, is hoping to help speed up property transactions
Remortgage completions drop by almost a third
Homeowners who remortgaged last month saw their average monthly payment increase by £257
Property industry reacts to sharp fall in house sales
Residential property sales dropped by almost a fifth in February
Estate agent sees red after discovering rate relief exemption
High street property businesses are being hit with eye-watering rises from local authorities due to government guidance
Comings & Goings
Snippets of industry news: Purplebricks’ head of letting joins Spicerhaart; Ex-Savills associate director launches new agency; iamproperty appoints CTO
Average fixed mortgage rates hit a six-month low
The overall two-year fixed mortgage rate stands at 0.32% higher than the five-year equivalent
Boss of Douglas & Gordon on the move
Administrators this week published a report on insolvency of Douglas & Gordon