eXp UK names first agents signed to new brokerage model
eXp UK has announced the first estate agency brands to have joined the eXp UK under their new ‘brokerage’ model
News Archive
Lenders continue to cut mortgage rates despite surprise inflation rise
Santander, Coventry Building Society and Skipton were among the lenders to announce mortgage rate cuts yesterday
DPMSG publishes roadmap to speed up the home buying process
The Digital Property Market Steering Group has identified key objectives to drive crucial change in the land and property market
Former shadow housing minister dies
The MP, who previously served as shadow housing minister, passed away ‘peacefully at home’ yesterday, his family said in a statement
Is print media making a comeback? How one agent is using it to justify premium fees
Agents discuss print media and its place in agency today
Rightmove shares slide on JPMorgan downgrade
JPMorgan Cazenove has downgraded Rightmove to ‘underweight’ from ‘neutral’
Interest rate cuts still expected despite rise in inflation
Surprise price growth of 4% fails to dampen expectations for lower interest rates
Property sales rise as mortgage rates ease
With 2023 proving to be a particularly challenging year for the UK housing market, it appears recent weeks have seen a little bit of respite emerge
More ‘financial pain for tenants’ as UK sees record rent hikes
Political interference has had the unintended consequence of making life tougher for tenants, says agent
BTL broker Mortgages for Business rebrands
The buy-to-let intermediary, which was founded in 1990, will now operate under a new name
London’s £5m-plus residential market slowed in 2023
The rarefied top end of the London market outperformed the wider UK market in 2023 with transactions holding relatively steady
Increase in rental stock in London
Agent says current state of London lettings market is far more traditional than we have seen since 2020
Land Registry to end conveyancers’ updates chasing to speed up transactions
HM Land Registry has launched a pilot with mortgage lenders to ensure they will no longer need to chase conveyancers for updates on the status of mortgage applications
New estate agency launches
The new estate agency plans to open several offices over the next couple of years
UK mortgage rates continue to fall as competition intensifies
The Bank of England is widely expected to cut the benchmark interest rate on a number of occasions this year
Estate agency launches letting division after completing acquisition
The estate agency has completed the purchase of a local company
Comings & Goings
Snippets of industry news: Chestertons’ head of sales, Cory Askew, joins Savills; Settio appoints new managing director; Lucy Tilley to step down as chief financial officer at MAB
TPFG and Belvoir to host investor presentation after agreeing merger
Gareth Samples and Dorian Gonsalves will address shareholders
Reform welcomed – the government’s consultation on ground rent reform ends today
Membership survey offers an insight into the consultation outcome and makes recommendations for change
New property structure course aims to help expedite the sales process
The course has been designed to help train estate agents