Politics
Property industry urges government to back UPRN adoption
Open letter to the housing minister calls on the government to take decisive action to adopt and implement UPRN across the housing market
News
Lettings
UK rents continue to rise as landlords flee buy-to-let sector
Landlords are leaving the sector in response to concerns about increasing tax and regulatory issues, says agency boss
Tech
Alto begins roll-out of new reporting functionality
The new reporting functionality can be downloaded in a range of formats
Other News
Buyers and renters continue to ‘suffer from a long-standing absence of available stock’
The housing shortage within both the sales and rental sectors continues to impact sales values and rental prices across many regions
Agency
Established Fine & Country operation expands territory
Fine & Country Wirral’s expansion marks a significant milestone
Compliance
Housing Ombudsman highlights over 100 damp and mould cases
Ombudsman urges landlords to learn from report; 20 local authorities named
Tech
EYE NEWSFLASH: OnTheMarket Software, formerly teclet, to cease operations
OnTheMarket issues an important business update
Acquisitions
Estate agency completes second acquisition of the year
The estate agency will continue to trade under the same name
Finance
Hopes of a double interest rate cut before Christmas boosted as inflation falls to 1.7%
UK inflation fell to 1.7% in the year to September; Financial markets are pricing in an interest rate cut at the next Bank of England meeting
People
Comings & Goings
Snippets of industry news: Cluttons poaches Knight Frank star to lead agency business; Winkworth names replacement as company secretary leaves; Employees invest in agency
Finance
End of the mortgage price war? Another major lender increases rates
Major UK lenders have recently increased their mortgage rates, signalling the end of the mortgage price war that had seen rates falling for months
Agency
Estate agency boss says government’s ‘over-messaging of gloom’ is stifling growth
Estate agency urges the chancellor not to slam the brakes on growth
Lettings
PropTech and agency launch 9% lettings management service
Some 30,000 landlords and property investors now use the firm's platform to manage close to £2bn of UK rented property
Finance
£550m investment secured to build tens of thousands of new homes
The government is keen to unlock investment to deliver on its aims to build 1.5 million new homes over the next five years
Lettings
Rents hit another record high as landlords brace for potential tax changes
The supply-demand imbalance continues to narrow year-on-year, but letting agents are still very busy with high numbers of tenants looking to move
Other News
New towns offer cheaper homes with strong growth potential – Halifax
New towns have played an important role over the years in helping to provide additional, affordable housing options across the UK
Lettings
Fears over capital gains tax hike risks sell-off of one million homes
Chancellor Rachel Reeves is reportedly considering aligning CGT with income taxes – a move that will spark an “exodus” of landlords, research shows
Agency
Significant increase in hybrid and self-employed estate agents
As a collective, self-employed agents are now larger than Purplebricks and William H Brown, new data shows
Finance
Completion rates continue to fall despite a sharp rise in housing supply
Political and economic climate put downward pressure on property transactions
Agency
Fast-growing estate agency opens a new office
The new estate agency branch employs 14 people and highlights the firm's commitment to the local housing market