London’s £5m-plus property market saw a ‘bounce in activity’ in Q4 2024
The last three months of the year also saw the highest number of £5m-plus new build sales in over a year
News Archive
Upstix partners with Optimus to speed-up property sales
Upstix says it is determined to improve the seller experience
Severe shortage of planners delaying thousands of new homes
Local authority staffing gaps causing breakdown in planning process and hindering housing delivery, new research shows
London council seeks views on HMO licensing
Over a third of households in the borough are privately renting
Rents fall for first time since before the pandemic
A first quarterly drop in rents reflects an improvement in the supply-demand imbalance, but the average rental property is still receiving applications in the double digits
Fast-growing hybrid self-employed estate agency expands with new location
Entrepreneur says that people deserve an estate agency that puts customers first
Comings & Goings
Snippets of industry news: Ralph Sayer appoints new partner; Entrepreneur and ex-football club owner joins nurtur.group board of directors; Wayhome names new non-executive director
Alto Software Group, formerly part of Houseful, becomes standalone brand
Alto Software Group, formerly the software division of Houseful, brings together Alto, Jupix, Expert Agent, CFP, and Yourkeys
Letting agency instructed to market ‘ground breaking’ Build to Rent scheme
This milestone project sets a new standard for rental living, says agency
Half of agents remain concerned about the Renters’ Rights Bill
To improve the UK government’s proposals and make the private rental sector fairer for all, Propertymark believe that reform is needed in several areas
Gazumping fears deter potential property buyers
Research shows that more than a third of homebuyers were gazumped by a rival bidder while trying to buy a property in the last decade
Private renters still struggling financially despite rents falling, says charity
Rightmove’s latest rental tracker shows rents are falling
Bring it on! ESTAS kicks off 2025 campaign
The Phil Spencer-hosted award scheme is popular with agents
Landlord confidence starting to grow despite legislative changes
Average rental yield remains close to 10-year high
Industry reacts to government’s new sweeping planning reform
Chancellor Rachel Reeves pledged on Sunday to cut red tape in an effort to speed up planning application approvals and significantly increase housebuilding
Key industry leaders gather to discuss impact of Renters’ Rights Bill
The discussion covered key concerns with and hopes for the bill, including student lets, ‘bidding wars’, and pressure on the courts
BTL landlord fined for cutting off power to tenants who were £17k in arrears
The landlord was forced to compensate tenants after cutting off their electricity and changing the locks; mortgage payments had to be made using a credit card due to the tenants’ non-payment
Estate agents forecast a market correction following stamp duty deadline
The government’s decision not to extend current stamp duty relief thresholds has certainly spurred an increase in buyer activity
Well-established estate agency expands with opening of fifth office
The estate agency unveils latest phase of its strategic expansion
Franchisees complete acquisition of independent estate agency
The decision to buy the the well-established sales and lettings office follows the completion of a major purchase last year