Estate agents selling fewer homes as prices fall and completions delayed
The state of this week’s property market is discussed by Iain McKenzie and Chris Watkin – watch now
News Archive
Well-known franchisee completes acquisition of independent agency
Following another acquisition of a portfolio of 75 properties earlier this year, the agency’s portfolio has now expanded to 600 properties
Sales and valuations steady but ‘worrying’ rental supply-demand imbalance
The number of valuations for sale conducted per branch has remained steady, but the number of properties available to rent is 19% lower than last year
Comings & Goings
Snippets of industry news: Fine & Country welcomes new business development manager; Directorate change at Rightmove; Ami Kotecha appointed to BPF Board
Estate agency industry’s first AI websites are launched
Over the past year, website technology has changed rapidly
Increase in fines reflects ‘far tougher landscape’ estate agents are facing
The average AML fine issued to estate agents for non-compliance has risen over the past year
The 2023 EA Masters Innovation Awards launched and open for entries
Entries are now open for suppliers to nominate themselves or be nominated by their customers
OTM says sentiment remains remarkably stable despite market slowdown
The house-buying public appears reassuringly resolute when it comes to their home moves
Buyers prepared to sue vendors who fails to declare Japanese knotweed
In legal cases, experts can usually determine approximately how long knotweed has been present in the ground, making it difficult for sellers to claim ignorance
Reviews site allAgents names the ‘best individuals working in estate agency’
Cream of the crop announced by allAgents in latest awards
House prices could plunge by up to 25%, warns thinktank
Are we facing a 1990s-style slump in the housing market? Thinktank says house prices could fall sharply in biggest hit to UK’s wealth ‘since war’
Global estate agency opens in the UK after completing acquisition
The UK is said to be an important part of the firm’s expansion plans with other major territories to be announced soon
Comings & Goings
Snippets of industry news: Ex-Savills boss launches new estate agency; Simon Gates appointed as a NED of The FIA; Crest Nicholson’s finance director to resign
New lettings law firm launched by well-known industry suppliers
Legal for Lettings, the brainchild of Homelet, Let Alliance, and Rent4sure, provides legal support services for landlords, managing agents, and insurers
Conveyancers commit to creating digital logbooks at completion
RLBA says 15 conveyancers are now creating logbooks at completion as part of new scheme, with more due to sign up
New law will require landlords to get a licence to rent in Brent
Private landlords operating in the local area will legally be required to have a licence from the start of next month
RICS launch consultation in bid to revolutionise residential retrofitting practices
UK homes are not as energy efficient as they could or should be, says RICS
Zoopla says latest marketing campaign has delivered a sharp rise in vendor leads
The property portal says it is focussing all its efforts to drive maximum return on investment for agents
Property industry reacts to Rightmove House Price Index
The housing market is now ‘as price sensitive as its been since before the pandemic’
Would ‘no sale no fee’ conveyancing help speed up housing transactions?
Will Ed Mead’s views conveyancers or solicitors and the role they play in the property buying process ‘prod the legal wasp’s nest’?