Propertymark welcome leasehold reform plans
A bill to phase out some leaseholds in England and Wales will be included in the King’s Speech next week
News Archive
Historic estate agency sold to newly formed group
The newly formed group has acquired the 140-year-old estate agency for a six-figure sum
An agent’s perspective of CoStar’s game-changing deal
CoStar’s accepted bid to buy OTM should have agents UK rejoicing at the prospect of a complete shake-up of the property portals, which could curtail the dominance of Rightmove and Zoopla
Well-known franchisee completes acquisition of independent estate agency
This deal marks the estate agent’s fifth acquisition in recent years
Hat and Home opens fifth office and new HQ
Hat & Home has launched its fifth office in Sandhurst which centralises its entire back office operations into a new headquarters
BTL landlords ‘remain committed’ to PRS as they eye ‘lucrative long-term’ returns
Demand for rental properties rose by a third last year, with rental prices continuing to increase
Mortgage approvals slump as buyers struggle getting ‘to grips with what they can now afford’
Prospective home buyer numbers fall sharply as mortgage lending figures plummet
Rent cap fails to prevent double digit price rise
The figures re-inforce industry beliefs that the current policy on rent controls is having an adverse impact on the market
Estate agents achieve highest ever quarter of online property auction sales
Estate Agents sold a record number of properties via online auction in Q3 2023
Estate agency creeping it real with spooktacular window displays
Estate agency is brewing up a bewitching storm in their latest marketing campaign
Leasehold law to feature in King’s Speech, housing minister confirms
The government plans to reform the leasehold system, which housing secretary Michael Gove previously criticised as “feudal”, owing to the levying of hefty charges and a lack of transparency
What is going to happen to house prices next year?
Looking to 2024, cash buyers will remain an important buyer group alongside first-time buyers who will continue to be pushed into buying by the continued, rapid growth in rents
Well-known estate agency launches latest branch following acquisition
The estate agency business is going from strength to strength
Major agency rebrands after opening new office
The rebrand is part of wider plans to unify all the firm’s offices across the country
Three men jailed after setting fire to estate agency as people slept above
Deliberate and dangerous act put lives at risk
Landlords and renters to save on council tax bills
The change will see an end to the practice of forcing tenants of shared housing to foot large council tax bills
Property industry reacts to Zoopla House Price Index
A strong jobs market is normally a positive sign for the UK housing market but not this year
Comings & Goings
Snippets of industry news: Savills appoints new sales head; UK Sotheby’s International Realty unveils new key hires; Bywater welcomes former CBRE UK chairman
The general election countdown has now started for the UK housing market
Discussions around support for buyers, stamp duty cuts and the Renters Reform Bill are becoming more hypothetical as the general election approaches
Sharp fall in house prices predicted for Q4 2023
But softening prices could open up market for first-time buyers, say researchers