Finance
The most affordable areas for first-time buyers to buy a home revealed
New analysis shows that a typical monthly mortgage payment on a first-time buyer property is £350 more than five years ago
News
Finance
Sellers reducing asking prices ahead of stamp duty changes
With April’s stamp duty changes now on the horizon, a higher proportion of sellers are also lowering their expectations at the key price points in the market
Politics
Supply-demand imbalance is pushing up rents, says minister
The government is being urged to address the shortage of homes for private rent as the only viable route for improving affordability in the sector
Compliance
RICS launches public consultation on responsible use of AI
AI is increasingly being used sometimes unknowingly in professional decision-making
Agency
Fine & Country honours top performing agents
Fine & Country held its annual conference and awards in London
Compliance
High-profile conveyancer disqualified and ordered to pay £175,000
Lloyd Davies admitted to an adjudication panel of the Council for Licensed Conveyancers (CLC) that his actions had been dishonest, lacked integrity and were reckless
People
Comings & Goings
Snippets of industry news: Former international rugby captain lands major housing role; Estate agency strengthens with trio of new senior appointments; RICS recruits acting president
Law
Landlord banned from letting property after failing to declare sex offence conviction
The landlord was jailed for four years in 2018 after being found guilty of indecent assault against a 15-year-old girl
Agency
Leaders Romans Group returns to Zoopla
More than 100 LRG branches will list their London properties on Zoopla
Lettings
Council scraps private landlord licensing plans to protect housing supply
Local authority concluded that the proposed licence fee could see landlords pass higher costs onto tenants or flee the market by selling up
Other News
Gap between asking and sold prices narrows since Autumn Budget
Since Labour delivered its first big budget, the market gap has started to narrow between asking price expectations and the reality of what buyers are willing to pay
Agency
Rightmove’s hike in fees sparks another petition
Estate agents urged to take a stand and boycott Rightmove after another 'shocking increase in its subscription fees'
Other News
Number of HNWIs increases despite global instability
Despite geopolitical tensions, resilient global trade further contributed to growth
Finance
Industry reacts to latest Bank of England mortgage data
Borrowers can expect another year of alarming headlines and affordability pressures, according to experts
Lettings
Rental inflation drops to 3.5-year low, Zoopla report reveals
The slowdown comes as the supply/demand balance shows signs of narrowing
Agency
Coadjute expands brand offering with property transaction services
The trio of solutions are designed to "lift the burden" from estate agents and streamline processes
Law
System must be ready to cope with leasehold ban, says legal expert
Government white paper proposals receive a mixed reaction from the law and property sector
Agency
GetAgent launches platform to help agents monetise out-of-area leads
GetAgent Exchange is now being rolled out to Reapit customers after a trial run