The battle for Purplebricks hots up as investors vie for control
A general meeting at which Lecram proposes the removal of Paul Pindar as chairman and the appointment of Harry Hill as a director takes place today
News Archive
Mortgage fall-throughs ‘a big concern’ as conveyancers fail to keep pace with transactions
Mortgage fall-throughs are a major concern as buyers try to beat the tide on increasing interest rate
Comings & Goings
Snippets of industry news: Savills announces new head of country house team; Propertynest expands; Russell Simpson beefs up letting division
UK now out of crisis caused by mini-budget, says housing market analyst
Anthony Codling of Twindig believes inflation will come under control and the property market can soak up price drops
Just 16% of property listings are compliant with upfront information rules – claim
Industry told that just 16% of property adverts on the main portals include the legally required Information
House prices to fall but soft landing predicted, underpinned by low housing supply
Jackson-Stops expects to see greater levels of supply enter the market in spring 2023 across its network as long-term mortgage rates begin to level out
Are you familiar with new housing laws?
Training has been made available to help agents navigate new housing laws
New partnership aims to speed up property transactions
Data is seen as key to getting properties to change hands quicker
How to disconnect from work and enjoy the festive break
While the week between Christmas and New Year is supposed to be a time to relax and unwind, for many agents, it can be difficult to unplug from work
Senior living BTR is one to watch in 2023
Those aged 65-plus will account for almost a quarter of the population by 2043 suggesting the retirement living sector offers room for growth
Agency boss blasts additional tax disincentive for property investors
DJ Alexander’s CEO slams budget decision to raise the levy on additional properties from 4% to 6%
Retirement home developer agrees EV charge point contract
The deal follows new regulations for developers to accommodate electric vehicles that came into force earlier this year
Estate agency continues to grow after completing double acquisition
The estate agency, which celebrates its 180th birthday next year, now has 15 offices and more than 100 in-house staff
Interest rate hike a ‘a bitter pill to swallow’
More than 1.6 million households will see an immediate increase in their monthly mortgage repayments following the Bank of England’s latest rate increase
Propertymark to host ‘mammoth’ estate agency conference at Wembley
Propertymark will bring sales, letting, auctioneers, inventories, and commercial property agents together in a major united event
Estate agent brothers to host monthly networking dinner for independent agency owners
The agents say the EA Directors club has been born out of an increased demand for collaboration and support within the industry
Estate agents fined for anti-money laundering failures
Agents have been fined for breaching anti-money laundering requirements
Market sentiment index reveals surprising contrast in attitudes
OnTheMarket data paints a contrasting picture of buyer and seller confidence in November
UK estate agency sale-revenues expected to drop by over a quarter
Online agent nested estimates that the typical UK estate agency branch will have seen a drop in pipeline of 27% compared to this time last year
Prime market to outperform rest of sector in 2023, says agency MD
Nicky Stevenson of Fine & Country believes the market will hold plenty of opportunity for agents next year