Other News
What is currently happening in the UK property market?
YTD ‘net’ residential property sales are up 19% compared to 2024, new data shows
News
Finance
Sub-4% mortgage product to be withdrawn from market tonight
Mortgage analysts suggest that deals below 4% may be short-lived, following stronger-than-expected inflation data
Agency
WhatsApp group seeks to connect top estate agents
Fast-growing WhatsApp property community, designed to connect real estate professionals, has attracted agents across a number of countries
People
Comings & Goings
Snippets of industry news: Savills announces two senior appointments; Andrew Riley leaves Hamptons after 20 years to join Fisher & Partners; youngsRPS strengthens with key appointment
Compliance
Rogue landlord ordered to pay £37k after 18 people found in three-bed house
Council inspectors discovered disrepair throughout the property, it failed to meet safety standards, had an inadequate fire alarm system, and no safe means of escape in case of fire
Events
EA Masters 2025 date revealed
Organisers behind the event, headed up by founder Peter Knight, are hoping to attract more than 1,000 agents and industry suppliers this year
Other News
Unlocking vendors in 2025
The latest research shows 17% of current home owners (future vendors) want to move home now or in the next two years
Compliance
Propertymark unites with NLC and Leasehold Knowledge Partnership to launch survey ahead of upcoming reforms
The survey is split into questions for estate agents, management companies and leaseholders
People
RICS staff brace for mass redundancies in coming weeks
RICS tells EYE that it has started a redundancy consultation
Agency
Why do larger estate agencies sell fewer homes per branch?
A fascinating trend in property sales data raises an eyebrow for those looking to scale their business
Agency
A quarter of landlords consider selling up, but agents fear worse to come
Fears around a landlord exodus are being felt even more acutely by agents
Agency
Women in Estate Agency – why it still matters in 2025
Estate agency is 50% women, yet senior leadership is still mostly male. What needs to change and how do we get there?
Other News
Property industry reacts to latest UK house price data
The housing market is heading into what looks set to be a transformative year
Lettings
New platform launched in parliament aims to make tackling rogue landlords easier
Private sector tenants will find it easier to hold criminal landlords to account thanks to a new online platform
Lettings
Where are the tax incentives for BTL landlords?
Tax hikes which penalise those wanting to provide rental homes need to be scrapped, says NRLA
Law
Renters’ Rights Bill to drive arrears across the PRS, claims referencing firm
The move to periodic tenancies, the abolition of Section 21 and preventing tenants from offering more cash upfront will leave landlords vulnerable, says commentator
Agency
Foxtons sees an 83% hike in rental property demand
Applicant budgets increased by 3% this January
Compliance
LRG announces new vulnerable customer policy
By implementing this policy, LRG reaffirms its commitment to ensuring that every customer has access to the support they need to make informed decisions about their housing
Other News
New instructions, under offers and fall throughs all rise – LonRes
Analysis of the housing market by independent property analysts, LonRes, reveals some interesting findings
Lettings
Who needs an agent? Self-service platform allows landlords to list on portals for £29
Homeowners can advertise on Rightmove, Zoopla and OnTheMarket