Agency
More misery for Keller Williams UK as yet another market centre set to shut
Keller Williams UK cannot prevent crash-landing with business set to close imminently after running into financial difficulty
News
Finance
Homeowners face ‘mammoth housing crash’, says analyst
Analysis says the crisis has already hit the UK and that some homeowners will soon find themselves in the biggest mortgage squeeze since 1991
Acquisitions
Fast-growing agency completes third acquisition in 14 months
The acquisition of the well-established agency will allow the company to grow its presence in a new region
Agency
Independent estate agency continues rapid expansion with two new branches
Three-branch estate agency is growing its network further with the addition of another two offices
Acquisitions
Purplebricks set to delist from stock market after takeover
Shareholders voted to delist the company from London’s junior market and change the company’s corporate name to Bricks Newco plc
Agency
Rightmove’s latest price hike, Purplebricks’ strategy, and agency advice
Agents share their views on Rightmove's latest price hikes, Purplebricks' strategy in the wake of the Strike deal, and why agents need to get on camera
Agency
Foxtons chief tells sellers to ‘get a little bit more competitive with pricing’
Guy Gittins, chief executive of Foxtons estate agents in London, said the "power balance" between buyers and sellers had "shifted"
Acquisitions
Homeflow to rebrand latest acquisition
Homeflow says it is determined to help estate agents win more business and unlock growth potential
Finance
Sunak orders banks to protect mortgage borrowers ‘who are finding it tough’
Official data on Tuesday showed average earnings jumped at the fastest rate on record last month and unemployment registered a surprise drop
Law
BTL landlords left in limbo as bailiffs stop work
The HM Courts and Tribunals Service has temporarily suspended the work of bailiffs on safety grounds, leaving landlords unable to regain control of their properties
Agency
Estate agency reopens after six-month closure
Agents have been working remotely since January
Finance
‘Very real risk’ landlords could flee buy-to-let sector as profits nosedive
Buy-to-let profits have plunged to their lowest level since 2007
Agency
Property sales slow as buyer confidence continues to fall
Some agents report that it can be tricky to get deals over the line
Finance
New mortgage borrowing falls sharply
Major lenders have withdrawn mortgage products in recent days with little or no notice
Law
Scrapping Section 21 evictions is a major concern for agents and landlords
The government’s plans to abolish Section 21 evictions is a worry for many letting agents and buy-to-let landlords, with many now considering exiting the market
Agency
Sellers adopt a ‘take it or leave it’ position amid low supply of stock
Sellers feel free to test the market given the lack of properties available to buy
Compliance
Estate agents ‘are at an increased risk of money laundering’
There has been a notable increase in estate agent suspicious activity reports
Agency
Analysis shows upfront property data does reduce fall through rate
Study identifies benefits of estate agents providing property data upfront
Agency
Big Worcestershire Garage Sale proves a success
Estate agency plans to organise another ‘Big Worcestershire Garage Sale’ next summer
Finance
Bank of England ratesetter: Higher mortgage costs will impact interest rate decision
Catherine Mann, who sits on the Bank’s monetary policy committee, said there are “concerns about what’s going to happen to households with a mortgage”