News
Rate cut fuels a ‘bustle of activity’ in the mortgage market
New analysis shows the average rates offered across mortgages and how the markets have changed since last month's interest rate cut
Transactions fall as Budget uncertainty replaces election uncertainty
Demand and deal numbers are down as political uncertainty persists, ahead of the Budget next month
Zoopla launches new marketing platform to promote its services
New newsletter and community provide agents with the opportunity to easily keep up to date with the latest products offered by Zoopla
Fundraising event raises £16,000 in memory of murdered estate agent
The Nikki Waterhouse Trust was set up in February 2015 in memory of the 32-year-old estate agent who worked for Hunters and was murdered in October 2013
What do students want from their living accommodation?
Student survey reveals evolving preferences amidst market challenges
Climate risk and conveyancing practice note consultation launched
The proposed new guidance would provide practical details for conveyancers
Property industry reacts to Bank of England’s interest rate decision
Bank of England responds to headline inflation holding steady at 2.2%
US-based investor agrees £1.35bn deal to buy property giant
The takeover of the business is expected to complete in Q4 2024
Bank of England urged to cut interest rates today despite above-target inflation
The BoE cut rates for the first time in more than four years last month from a 16-year high of 5.25%
Comings & Goings
Snippets of industry news: Duo join First In The Door advisory board; Fixflo founder Rajeev Nayyar steps down; BDB Pitmans unveils partner appointment
Council claims its own letting agency’s fees undercut competitors
Local authority fails to provide transparent comparable figures relating to the fees charged by other letting agents in the area
Britain’s most and least expensive cities to rent outside London revealed
The rental divide across Great Britain is clear, with an average difference of just over £1,500 between the most expensive and cheapest cities
Annual house price growth slows but rents hit near-record rate – industry reactions
The property market continues to show strong signs of improvement
ViewMyChain launches new split chain view for estate agents
The significance of this feature is the full visibility that it brings to the sales progression process
Political party conferences presents Propertymark with chance to ‘champion agents’
Having already attended the Liberal Democrat Conference this week, the trade body is now planning to visit to the other two major party events
Planning approvals for new homes plummet to decade low
The steep fall in planning permissions starkly illustrates the challenge the new government faces to boost housing supply
Estate agent pleads guilty to misleading consumer
Estate agent given conditional discharge following breach of trading regulations
LSL’s estate agency franchising business supports strong half-year growth
LSL's estate agency franchising continues to facilitate the growth of franchisees and territory expansion
Murdoch’s REA Group set to increase takeover bid for Rightmove
Analysts have said that a deal closer to £6bn was needed to win over Rightmove