Agency
New estate agency launches
The new estate agency owner has been in the business for more than 18 years and is now his own boss
News
People
Comings & Goings
Snippets of industry news: Co-founder of Inspect Real Estate gets new role at Reapit; Knight Frank hires a former MD of HSBC; Countrywide Surveying Services bolsters senior management team
Agency
How can we fix the log-jams in the property sales process?
Richard Megson, managing director of ASAP, addresses the most common reasons for hold ups in the property market, and how agents can facilitate a smoother sales process
Finance
Average mortgage rates rise again as they edge closer to 6% for a two-year fixed deal
City experts warn of a "big reset of mortgages"
Finance
Santander withdraws mortgage deals as market turmoil continues
Santander has temporarily withdrawn all new business due to market conditions
Training
Almost 4,000 agents have taken Propertymark Qualifications’ this year
Propertymark Qualifications’ are available across the UK
Compliance
Estate agents fined for breaching anti-money laundering rules
Estate agents dominate the latest list of businesses that have not complied with the regulations
Agency
Estate agents are overpricing by considerable margin, new data suggests
Charlie Lamdin, founder of BestAgent, says that that some estate agents are prepared to overvalue in order to gain an instruction
Finance
Growing concern as more lenders follow HSBC and pull mortgage deals
Banks and building societies have withdrawn a high number of mortgage deals, restricting options for buyers
Compliance
Agent ordered to pay almost £50,000 for serious fire safety breaches
This is not the first time Monsoon Properties Limited has been prosecuted
Finance
Stamp duty reform, letting, and truth about sales transactions
Stamp duty; the state of the letting market, and an eye on sales volumes
Agency
Inflated asking prices doubling time it takes to sell a home
Properties requiring two reductions are likely to spend over six months on the market, says estate agency
Lettings
Fewer would-be-tenants flying the nest as rents soar
The share of renters leaving the family home has been steadily declining across the UK since 2015
Politics
Homeowners hit with £7,000-a-year ‘Tory mortgage penalty’, Labour claims
Analysis by Labour found the average homeowner is spending an extra £150 every week since Liz Truss's and Kwasi Kwarteng's infamous mini-Budget in September
Charity
Agents urged to join forces for Agents Giving Day
Many agents have started their collections
Agency
Well-established estate agency goes into liquidation
The estate agency business failed to recover after struggling during the pandemic
Finance
HSBC pulls all its mortgage deals for new customers
Banks and building societies have pulled hundreds of mortgage deals in recent weeks
Acquisitions
Chestertons acquires high-profile estate agency
The deal follows a number of other recent acquisitions by Chestertons, including Henry & James, Morgan Randall, London Residential and Snell & Snell