Finance
House prices in Wales rise after five quarters of consecutive decline
Lender says the “significant turnaround” suggests the market may be stabilising
News
Acquisitions
Somerset property group acquires ‘substantial rental portfolio’
Staff members join as part of the deal as firm says it is “poised to continue growth”
Finance
Report reveals huge economic value of London’s private rented sector
PwC research highlights the extent of the gross value added to the regional economy by small and medium-sized landlords
Charity
CRM initiative allows ‘effortless’ charity donations of orphaned funds
The Propertymark Trust says the scheme has been made possible by the “enthusiastic support” of suppliers
Charity
Belvoir team cycles over 1,200 miles to raise £7.5k for charity
Warrington owners complete two events in aid of the Children’s Adventure Farm Trust
Events
Final chance to book early-bird tickets for EA Masters 2024
Last opportunity to save £100 on entry fees
Finance
Zoopla says housing market ‘hotting up’ as it projects 2024 increase
House Price Index reveals positive signs of increased activity and rising confidence among buyers and sellers
Finance
Experts hope for rate cut and busier H2 as BoE releases latest mortgage data
Are the ‘broadly stable’ figures a sign the market is treading water until the base rate comes down?
Acquisitions
London chain continues expansion in capital with agency acquisition
Branches of purchased business will be absorbed into the growing network
Finance
Real estate correction over, declares major investment firm
Residential sector tipped for returns as the UK “leads the way in global recovery”
Agency
Agent survey suggests lack of post-election market bounce
Few respondents noticed an increase in activity since Labour’s landslide victory
Finance
Gulf investors tipped to unleash capital on UK property market
“Once-in-a-decade economic alignment” will see investment from Gulf Cooperation Council states, says bank
Agency
Good Landlord Charter needs clearer role for agents, says Propertymark
Trade body says scheme pioneered by Greater Manchester mayor Andy Burnham is a “missed opportunity”
Politics
Landlords must professionalise to prosper in future, says TV pundit
Property expert also reveals fears of what could be in store for the sector
Charity
Hunters team raises whopping charity total in Dragon Boat Challenge
Funds will go to the Nikki Waterhouse Trust, set up in memory of the murdered estate agent
Finance
Zoopla boss questions whether being a BTL landlord makes financial sense
CEO believes pension funds and private equity firms will fill the void left by a private landlord exodus
Finance
Rightmove financial results ‘uninspiring’, says investment expert
Finance industry reacts to the company’s half-year rise in revenue of 7%
Finance
Property giant calls on government to stick with current stamp duty thresholds
Research points to a 21% reduction in homes for sale eligible for first-time buyer relief in April 2025
Finance
Second homeowners’ tax breaks hurting public revenue, Colliers warns
Lost revenue could be diverted to affordable housing, says agency
Law
Key questions remain over government leasehold plans, says Propertymark
The professional body urges legislators to simplify the buying and selling process