Politics
New housing starts hit near 50-year high
Housebuilders began construction on 73,600 new homes between April and June this year, up 34% year-on-year, but this may not result in an increase in housing delivery
News
Politics
Property bosses urge Rishi Sunak not to scrap HS2’s northern section
There is growing speculation that Rishi Sunak will axe plans to build HS2’s second phase from Birmingham to Manchester due to estimated cost rises
Agency
Winkworth chief urges government to tackle UK housing crisis
Greater housing supply and new buyer incentives are needed to stimulate activity in the residential property market, says estate agent
Politics
RICS launches new manifesto ahead of party conferences
A senior RICS delegation will present the manifesto and its key messages at the upcoming Conservative Party and Labour Party conferences
Other News
Home sellers forced to cut prices to secure deals
Property price reductions increased in September to the highest level for more than four years
Agency
Estate agents more likely to sell off-market instructions than switched listings – claim
Agents who invest in off-market targeting will be maximising their chances of securing instructions, study suggests
People
Comings & Goings
Snippets of industry news: New estate agency MD appointed by Spicerhaart; Knight Frank expands super prime lettings team; Bruton Knowles adds to management
Compliance
The bank of Mum and Dad – you must check source of funds
Given the sums involved, estate agents and property lawyers must not assume that the bank of Mum and Dad is low risk
Agency
Estate agency moves into new office after fire destroyed former premises
The estate agency's previous office was severely damaged by a fire just days after they opened
Agency
Voting now open for Best EA Supplier Awards
There are currently almost 700 suppliers to the estate agency industry competing to win a Best EA Supplier Award
Politics
NRLA to quiz MPs at Conservative Party Conference
Attendance at this year’s conference is seen as crucial to NRLA's campaigning as the prospect of a general election approaches
Events
Almost 300 associates set to attend Keller Williams Megacamp
Keller Williams, which is currently celebrating their 40th anniversary, says the event will provide agents with a day of shared learnings and networking
Events
eXp UK to host networking event for agents in October
Networking event offers eXp UK agents an opportunity to connect with fellow property professionals
Agency
Well-known estate agent fined for breaches of trading regulations
The estate agent demand his fee from the vendor despite the property sale collapsing
Other News
‘Hassle-free property sales’ company goes into liquidation
Shareholders lose millions as property sales company goes into liquidation
Acquisitions
LSL’s transition from estate agency to a franchise yields positive results
Disposal of Marsh & Parsons earlier this year for £29m helps boost LSL's balance sheet
Agency
Former Peter Alan director launches new estate agency
Terence McHatton, a former director at Peter Alan, part of the Connells Group, has opened a new estate agency
Events
Sean Newman to host new ‘Estate Agent Success Summit’ next month
Guest speakers at the event will include Simon Leadbetter, previously of Keller William and Knight Frank, Simon Whale of Kerfuffle, and Damon Bullimore, CEO at BuildYourMarket
Finance
Property fall throughs on the rise
The total cost to buyers and sellers of fall-throughs in Q2 2023 was an estimated £237.4m
Finance
Number of first-time buyers falls sharply
The number of first-time buyers dropped by almost a fifth between January and August this year