Politics
Government pledges to meet its 1 million new homes plan
The government will meet its manifesto commitment to build 1 million homes over this Parliament, the prime minister, Rishi Sunak, insists
News
Other News
Estate agent jailed for vicious attack on two gay men holding hands
The estate agent admitted assault occasioning actual bodily harm and assault by beating after attacking two gay men with a glass bottle and a metal bar
Agency
Conveyancing is broken. Oh no it isn’t!
In recent weeks, we’ve seen a return to the Punch and Judy show where agents criticise lawyers for being incompetent and lawyers getting upset about agents only caring about their commission
Other News
Faltering property transactions and completions amid affordability concerns
New report offers a comprehensive analysis of property data from Q2 2023, encompassing the entire residential property transaction chain in England and Wales
Acquisitions
Peter Knight acquires stake in Relocation Agent Network
Peter Knight, founder of the EA Masters and Property Academy, has purchased a shareholding in Relocation Agent Network
Lettings
Michael Gove calls for delay in rented housing energy efficiency plans
Housing secretary Michael Gove says,: “My own strong view is that we’re asking too much too quickly" when it comes to future EPC targets
Compliance
‘Rogue landlord’ with OBE fined £300k for ‘appalling’ properties
Local council wants the landlord, who was previously fined £20,000 in 2009 for illegally converting a property into flats, to be stripped of his OBE
People
OnTheMarket looks to retain top employees with share plan
The share options have been awarded to chief executive Jason Tebb, chief commercial officer Helen Whiteley, chief financial officer Tom Carter and product and technology officer Morgan Ross
Politics
Government to announce planning changes to boost housebuilding
The levelling up minister says more new homes are needed but warns against against imposing unpopular green policies on voters
Tech
Vast majority of UK property professionals unfazed about AI takeover
New study looks at whether or not property professionals have already adopted AI technology within the workplace
Finance
UK house prices face double-digit fall with ‘little prospect’ of rebound
The worst of the pain of rate rises is still to come, economists warn, and this will have an adverse impact on house prices
Law
Unprecedented number of Section 21 notices shaping the lettings market
The looming threat of the abolition of Section 21 is raising questions over the future shape of the UK’s rental market
Compliance
Five agents expelled from The Property Redress scheme
The Property Redress Scheme’s latest list of expelled agents has been published
Agency
The truth about Rightmove’s House Price Index, and how to correctly price property
Agents offer their views on the recent data provided as part of Rightmove’s House Price Index and why the results may not be a true reflection of market sentiment
People
Comings & Goings
Snippets of industry news: PFK appoints new director; Beresfords announces board appointments; Mark Jenkinson makes senior appointment
People
Property group’s CEO honoured with an OBE at Windsor Castle
Property veteran formally received his OBE at an investiture ceremony held at Windsor Castle
Agency
Estate agents sold a record number of homes via auction in Q2 2023
In Q2 2023, the number of properties sold via the Modern Method of Auction (MMoA) were up by a third compared to Q2 2022
Charity
Strictly amazing! And the winner is…
Industry charity summer ball sees agents dance the night away
Finance
BTL landlords forced to ‘navigate a multitude of challenges’ as rents rise again
New data highlights the rapid increase in new asking rents as the supply-demand imbalance pushes prices to an all-time high
Other News
Property industry reacts to latest house price data
The outlook for the property market continues to be a mixed bag