Finance
Nationwide cuts mortgage rates, while other lenders increase them
The new lowest rate available with Nationwide drops to 3.9%
News
Acquisitions
From start-up to scale-up – estate agency completes first acquisition 18 months after launch
This latest opening follows the successful purchase of a long-established estate agency
Agency
Well-established franchise seeks ambitious estate agent to take over
The current franchisee is looking to retire from the business
Lettings
Government’s energy efficiency improvement plans for rental homes are unachievable – NRLA
Ministers are yet to explain how these extensive works are to be funded
Agency
New pre-viewing qualification tool allows agents to identify high-quality leads
CRM feature links fully customisable questionnaires directly to online viewing bookings, enabling instant bookings for qualified applicants
Agency
Foxtons unveils ambitious plan to double profits
Foxtons Group plc is today hosting a Capital Markets Event to outline the next phase of its growth strategy
Agency
Agents reveal biggest challenges when starting an estate agency business
The decision to go it alone as an estate agent can be an extremely daunting task, but one that can pay dividends
Finance
Letting agents have lost almost £900m since Tenant Fees Act
Generation Rent claims prior to the ban on tenant fees, letting agents had a licence to print money
Lettings
Renters’ Rights Bill advances leaving landlords seeking clarity on key reforms
The Renters’ Rights Bill has completed its Committee Stage in the House of Lords and will move on to the Report Stage imminently
Acquisitions
Knight Frank and Douglas Elliman end 15-year partnership
Knight Frank, which is currently evaluating a number of opportunities as part of long-term ambitions, has issued a statement
Law
Commons debate offers little progress on leasehold reform
Yesterday's House of Commons debate offered little comfort or leaseholders hoping for clarity and cost savings
Law
New law must take ‘inconsistency with how letting fees are charged’ into account – Propertymark
Propertymark wants any action taken to control letting fees to take into consideration the financial effects it will have on landlords and letting agents
Agency
Buyer demand edges up as country house market returns to health
Estate agency reports that spring was uncharacteristically subdued this year, but market conditions are now improving
Politics
Government urged to drive demand for green home upgrades
Encouraging green home upgrades requires more than financing
Law
Almost half of landlords have made no preparations for Renters’ Rights Bill
Small landlords may be more likely to exit the market than professional landlords
Law
Letting agency launches legal challenge against local authority over ‘extortionate’ fees
The action aims to challenge the legality of the selective licensing application costs
Acquisitions
London estate agency in ‘acquisition mode’ as firm lines up deals
Ex-associate director at Savills works closely with several estate agencies, including one that she says has just completed the "first purchase of many" this year
Tech
UK’s first fully digital purchase transaction
Landmark transaction could pave the way for things to come in the property sector
Acquisitions
Connells Group completes another acquisition
The fast-growing estate agency group continues its strategic expansion with their largest purchase since Countrywide in 2021
Finance
UK mortgage approvals drop again following stamp duty rush
Analysts are starting to see more competitive mortgage deals from key lenders