Rents in England up 8% year-on-year, but voids rise
The East Midlands, Greater London, the North West, and the South East have all seen sizeable increases in their average void periods over the last month
News Archive
Government urged to reinstate landlord tax relief as petition gains almost 32,000 signatures
Propertymark believes that a generous estimate of reintroducing mortgage interest relief would cost the UK government £1bn
Well-established mortgage broker buys rival firm
The Hogarth Property Group, which owned Orchards of London prior to the sale to Leaders Romans Group, has confirmed the deal
Strong 2022 equity release numbers tailed off towards year end
The Equity Release Council said the fourth quarter figures bucked the usual trend of Q4 being the busiest
TPFG upgrades full-year profit expectations
The Group achieved a strong performance in 2022 through organic growth in lettings and the full impact of the acquisition of Hunters in March 2021
Potential investor pens open letter to OnTheMarket stakeholders proposing change
US businessman says he has carried out in-depth analysis of the OnTheMarket business model and identified significant areas for growth, including a plan to challenge Rightmove and Zoopla
Redundancy process under way at Reapit
Group CEO issues statement, but refuses to deny that staff are at risk of redundancy
Agents urged to be extra vigilant for signs of invasive plant
Japanese knotweed can grow pretty much anywhere
Comings & Goings
Snippets of industry news: John D Wood & Co. appoints head of new homes; Carter Jonas welcomes new partner from Savills; Sigma Homes unveils first sales & marketing director
Estate agency opens new premises in Prescot
The estate agency, which launched in 2019, has opened its second office
Private rented sector offers crucial benefits ‘both socially and economically’
Just 6% of private renters polled want to switch to social rented housing, with vast majority of respondents preferring the PRS as a ‘an entry point to the housing market’
eXp UK reveals latest recipients of its ICON Awards programme
eXp UK now has more than 350 agents across the country
Government gives developers six weeks to commit to building repairs
Contracts have been issued by Michael Gove, who warned of ‘significant consequences’ for non-compliance
New scheme to bring empty homes back into use
The funding will be used to reduce the number of empty properties and, therefore, increase much-needed housing supply
Prime London sales market starts the year better than expected
So far, the evidence is that buyers and sellers have accepted the fact higher mortgage rates are here to stay
UK government urged to address chronic undersupply of housing
The government is set to miss its housebuilding target
Property firm confirms leadership reshuffle as it targets £100m of acquisitions
The current CEO will take on a new role as executive chairman, while the chief investment officer and chief operating officer will become Co-CEOs
Week-long events to help agents better understand challenges facing conveyancers
The conveyancing sector has taken a bit of a bashing, but organisers of National Conveyancing Week say this is an opportunity to highlight some of the challenges facing the industry
What is actually happening in the UK property market?
Week 3: Stats, facts and opinions from Chris Watkin
Well-established estate agency to close high street offices
The estate agency says it is closing the branches as the firm adapts to ‘new ways of working’