Agency
Prime London sales market remains sluggish – LonRes
With limited expectation of significant price growth or falls in what is a largely discretionary market, there seems to be no rush for many potential buyers and sellers
News
Politics
EYE NEWSFLASH: Lee Rowley appointed as new housing minister
Lee Rowley returns as minister for housing, replacing Rachel Maclean - who earlier posted that she was "disappointed" to lose the post
Politics
Property industry reacts to ‘revolving door of housing ministers’ in wake of Rachel Maclean’s sacking
Rachel Maclean announced this afternoon that she has been asked to resign from her role as housing and planning minister after just nine months, as Rishi Sunak reshuffles his cabinet
Other News
Property industry reacts to Rightmove House Price Index
New seller asking prices fall as serious sellers price realistically in the run-up to Christmas to secure a purchaser
Agency
Long-established high street estate agency switches to ‘hybrid’ model
The estate agency has closed its office after manager says physical branches are becoming ‘pretty irrelevant’
Finance
Fewer landlords cashing in as buy-to-let purchases fall below 2010 levels
There is a strong argument that landlords have been hit harder by higher rates than anyone else
Politics
There is ‘an overreliance’ on house prices ‘when assessing the health of the market’
We will find out in next week’s Autumn Statement whether the government has a plan to support this key sector of the economy
Other News
House prices fall as sellers forced to adopt more pricing realism
Buyers are still out there, but for many their affordability is much reduced due to higher mortgage rates
Other News
How to identify Japanese knotweed during winter
Japanese knotweed poses greater risk to homebuyers between November and March when it’s less easily identifiable
Events
Women in Estate Agency announces return of conference
The event, which will take place at The IET Savoy Place in London on 7 March 2024, wil coincide with International Women’s Day.
Agency
Propertymark reiterates call for appropriate regulation of estate agents
Timothy Douglas, head of policy and campaigns at Propertymark, will again re-state the case for action when he gives evidence to the RentersRenters (Reform) Bill Committee tomorrow
Charity
Fine & Country to host annual carol concert
All of the proceeds from the event will go towards charities fighting against homelessness and poverty
Law
Government unveils proposals to slash ground rents
Housing Secretary Michael Gove has launched a consultation that will set out options including capping ground rents at a so called “peppercorn” rate for existing leaseholders
Agency
The 2023 Innovation in Estate Agency Award winners revealed
Congratulations to all the winning companies in the 2023 EA Innovation Awards
Other News
What is happening in the UK property market this week?
Overall, the UK property market appears to be battling the storm well. Here are the crucial stats
Agency
Estate agency calls for stamp duty reform ahead of Autumn Statement
To get the housing market moving the government should indtroduce an exemption for those looking to downsize to a smaller property, says estate agency
Agency
Savills moves into prestigious new office
The impressive space has been renovated and reconfigured to provide a spacious, flexible and contemporary home for the company and its staff
Acquisitions
An outspoken prince, but will King Charles share his views on the OnTheMarket takeover deal?
King Charles has previously suggested there are some issues about which he will refuse to be silenced
People
Comings & Goings
Snippets of industry news: Strutt & Parker announces refreshed residential leadership team; Savills makes strategic senior hire; Nina Wallrock joins Harding Green
Agency
Agents that don’t embrace digital and social media risk being left behind
Agents discuss social media and its place in the world of estate agency