EYE NEWSFLASH: Zoopla to make a substantial number of employees redundant
Up to 68 staff members at Zoopla face potential redundancies, after the business entered a consultation process with employees this afternoon.
NEWS ARCHIVES
Homeowners start to downsize in response to cost-of-living crisis
The housing stock squeeze is beginning to ease.
Estate agency stock levels hit 18-month high as homeowners look to sell up
New properties coming to market which are not priced realistically are likely to struggle to sell and stick on the market.
Hybrid and online estate agencies increase market share in Q3
Hybrid and online estate agents increased their overall market share.
Sharp jump in number of ‘people wanting to get their homes valued and sold’
With the economic climate changing, sellers are being warned that they will need to be realistic about the prices they might achieve.
Estate agents told to be wary of ‘more complex’ compliance responsibilities
AML and sanctions regulations are weighing heavily on many regulated firms.
Risk management platform aims to speed up property sales with new feature
New innovation comes in response to increasing regulatory burden for estate agents, lawyers and other regulated professionals in the property chain.
Landlords plan to offload properties amidst soaring mortgage costs
Economic crisis could lead to a ‘mass exodus of landlords’, warns association.
Average house price nears £300,000 despite cost-of-living crisis
The data could reassure some homeowners of the resilience of the housing market, with prices remaining high.
Almost £31bn worth of property sold off-market over the last year
So far in 2022, it is estimated that over 35,000 homes have already been sold off-market, equating to just shy of £12bn based on current market values.