TPFG upgrades full-year profit expectations
The Group achieved a strong performance in 2022 through organic growth in lettings and the full impact of the acquisition of Hunters in March 2021
News Archive
Potential investor pens open letter to OnTheMarket stakeholders proposing change
US businessman says he has carried out in-depth analysis of the OnTheMarket business model and identified significant areas for growth, including a plan to challenge Rightmove and Zoopla
Redundancy process under way at Reapit
Group CEO issues statement, but refuses to deny that staff are at risk of redundancy
Agents urged to be extra vigilant for signs of invasive plant
Japanese knotweed can grow pretty much anywhere
Comings & Goings
Snippets of industry news: John D Wood & Co. appoints head of new homes; Carter Jonas welcomes new partner from Savills; Sigma Homes unveils first sales & marketing director
Estate agency opens new premises in Prescot
The estate agency, which launched in 2019, has opened its second office
Private rented sector offers crucial benefits ‘both socially and economically’
Just 6% of private renters polled want to switch to social rented housing, with vast majority of respondents preferring the PRS as a ‘an entry point to the housing market’
eXp UK reveals latest recipients of its ICON Awards programme
eXp UK now has more than 350 agents across the country
Government gives developers six weeks to commit to building repairs
Contracts have been issued by Michael Gove, who warned of ‘significant consequences’ for non-compliance
New scheme to bring empty homes back into use
The funding will be used to reduce the number of empty properties and, therefore, increase much-needed housing supply
Prime London sales market starts the year better than expected
So far, the evidence is that buyers and sellers have accepted the fact higher mortgage rates are here to stay
UK government urged to address chronic undersupply of housing
The government is set to miss its housebuilding target
Property firm confirms leadership reshuffle as it targets £100m of acquisitions
The current CEO will take on a new role as executive chairman, while the chief investment officer and chief operating officer will become Co-CEOs
Week-long events to help agents better understand challenges facing conveyancers
The conveyancing sector has taken a bit of a bashing, but organisers of National Conveyancing Week say this is an opportunity to highlight some of the challenges facing the industry
Well-established estate agency to close high street offices
The estate agency says it is closing the branches as the firm adapts to ‘new ways of working’
UK house prices ‘will be 10% lower’ by end of 2023
UK property prices dropped by an average of 2.4% across the UK in Q4 2022, with further declines anticipated this year, led by falls in London and the wider South East of England
Labour pledges to ‘tilt the balance of power back towards tenants’
Labour plans to launch major review into private home rents
Demand for property up as price sensitive buyers return to the market
Buyer demand has rebounded in the first weeks of January in line with pre-pandemic levels
Comings & Goings
Snippets of industry news: Charles Medina moves from Savills to become a director at Strutt & Parker; Directorate change at Foxtons; Preston Baker welcomes Kirsty Burrows