Politics
Shadow MPC votes to cut bank rate
The Institute of Economic Affairs' Shadow Monetary Policy Committee voted to reduce the Bank rate from 4.5% to 4%
News
Charity
Knight Frank agrees social impact partnership with Sported
The programme empowers agents at Knight Frank to use their expertise and time to drive positive change and build meaningful connections in local communities
Other News
Revealed: UK postcodes where homes are both the hardest and easiest to sell
TwentyCi used five criteria to rank the difficulty or ease of selling a property
Compliance
Agents prepare for new regulations ahead of next week’s deadline
Failure to comply with the upcoming legislation could result in serious consequences for agents, including substantial fines or legal action
Other News
Changing times require Machiavellian thinking
Change in business is inevitable, but how organisations and individuals respond to it determines their success
Lettings
Government urged to phase EPC changes to reduce rental sector disruption
The Department for Energy Security and Net Zero has proposed implementation dates of 2028 for new tenancies and 2030 for all tenancies
Agency
Adding social media ‘is now essential to any estate agency’s marketing mix’
Social media has become a crucial marketing tool for estate agents
Finance
Is a ‘UK investor visa’ needed to boost demand for prime property?
‘Wexit’ weighs on demand in prime markets
Politics
Programme for Government fails to tackle national housing emergency
The Scottish government's Programme for Government outlines various initiatives aimed at addressing housing challenges in Scotland
Agency
London market for £5m-plus homes surprisingly resilient in Q1, says Savills
Property values held up strongest in the £10m-15m price band
Tech
Reapit agrees strategic partnership with iamproperty
New agreement gives estate agents direct access to online auction service
Finance
How far will interest rates fall this week?
The economic uncertainty caused by US President Donald Trump's trade tariffs may mean UK interest rates could fall further than expected
Politics
What might Reform UK’s election success mean for housing?
Nigel Farage’s Reform UK Party is on the rise after making big gains in English local elections
Agency
Foxtons bring in external consultants to help clean up company’s culture
The estate agency has pledged to do more to improve working conditions at the firm following recent allegations
Acquisitions
Fast-growing self-employed estate agency platform acquires regional firm
Purplebricks co-founder Kenny Bruce strives to 'dominate the fast-growing self-employed estate agency sector' with the latest venture he has invested in
People
Comings & Goings
Snippets of industry news: Knight Frank's head of DE&I made redundant; Husband and wife duo join Harding Green; New co-chairs appointed to new ARL committee
Finance
Around 173,500 first-time buyers received assistance last year – new data
Assistance paid out since 2021 totals £38.5bn – 71% more than the previous four years
Acquisitions
Independent estate agency acquires rival company
This strategic merger brings together two prominent agencies
Other News
Corporate relocation demand placing ‘upwards pressure on rents’
More companies are choosing London to relocate staff
Law
Reform UK vows to resist housing asylum seekers in its council areas
The party plans to use “judicial reviews, injunctions, planning laws” in an effort to resist housing asylum seekers