Finance
The fate of an early summer interest rate cut may be defined today
The official benchmark cost of borrowing has been on hold at a 15-year high of 5.25% since August last year
News
Events
TPFG presenting and exhibiting at major investor conference today
Dorian Gonsalves and Louise George, the former executive directors of Belvoir Group, will be among those in attendance
Training
50% off deal – exclusive reader offer for online estate agency training
More than 3,800 agents have signed up to the course so far this year
Agency
Network partners land new deal for independent estate agents
New long-standing relationship between will deliver a series of events for estate agents
Politics
Labour’s new towns policy is only ‘part of the solution’
Labour pledges wave of New Towns in first year of government
Finance
Bank of England on course for interest rate cut, suggests deputy governor
The consultancy Capital Economics has forecast that inflation will fall below the central bank’s 2% target when figures for April are published and drop to below 1% before the end of the year
Agency
Well-established estate agency under new ownership
The agency's previous owner has retired after 12 years with the business
Agency
Leaders Romans Group announces major rebrand
LRG says this rebrand is not merely a change of name; it is a transformation in service delivery and strategic positioning
Acquisitions
Well-known franchisee completes third acquisition
Agency owner explains that she sees acquisitions as key to expanding her operation
Agency
New report highlights estate agents’ performance trends
The study delved into various aspects of estate agents' performance
Lettings
Shadow chancellor suggests rent caps could be introduced under Labour government
A report commissioned by Labour proposed rent controls, arguing that payments should not rise faster than local prices or wages
Other News
First-time buyers take centre stage when it comes to moving home
First-time buyers currently account for the majority all purchasers in the housing market while downsizing is currently in decline
Lettings
Local authorities share short-term let concerns with Michael Gove in letter
In a letter to the housing secretary, local authorities say they are worried about losing permanent housing stock
Agency
More than one in seven home buyers using funds from overseas
Estate agents encouraged to ensure that they do not miss potential red flags to protect against money laundering
Other News
Property industry reacts to Rightmove House Price Index
Spring heading into summer is traditionally a busy time for the housing market and these latest figures suggest it is a good time for sellers to place their property on the market
Agency
Proposed stamp duty cuts don’t go far enough – we need reform
Simon Gerrard, of Martyn Gerrard estate agency in north London, explains why he has started a petition to reform stamp duty
Agency
Estate agent in new Netflix reality show seeks to capitalise on TV exposure
Estate agent wants to maximise the broadcast opportunity through fame-building PR and social media campaign to promote him and his estate agency
Tech
Rightmove rolls out new fields for material information parts B & C
The updates are being rolled out over the next few weeks
People
Comings & Goings
Snippets of industry news: Strutt & Parker makes senior appointments; JLL strengthens prime central London residential team; PropCall names new head of operations
Agency
Well-established agency moves to new larger premises
After 25 years in their now former premises, the independent letting agency moved to a new office this week