Acquisitions
Independent estate agency acquires letting business
The estate agency has acquired a new letting business and taken over the former office of another rival firm
News
People
Why I got qualified after 38 years in the property industry
Simon Caird, MD at Cairds Estate Agents, has shared for other agents why he wanted to get qualified, and why he is currently putting his team through it too
Other News
UK property sales down 12.9% over Easter period
Christopher Watkin, with special guest Ben Madden, present their weekly video on the UK property market as they discuss the impact of the Easter period on the UK property market
Agency
Less than 10% of new estate agencies started by women
Between 2016 and 2022 women represented approximately 40% of the UK real estate workforce for graduate entry level to middle managers, but the numbers drop sharply at senior levels
Acquisitions
Sharp rise in lots for sale as investors turn to auctions to dispose of properties
There has been a surge in the number of lots offered for sale as more investors, including buy-to-let landlords, look to exit the market quickly
Lettings
Demand remains high but rise in new instructions eases rental affordability
Supply and demand have hit similar levels to 2022
Agency
Pockets of market opening up for property ladder strugglers
Wayhome analysis pinpoints areas of affordability for those looking to climb the rungs
Law
Open-ended tenancies and cap on rent hikes proposed in Jersey
Jersey's housing minister wants to hand tenants greater security under proposed reforms to the island's rental law
Compliance
Survey reveals safety fears among property professionals
Employers ‘not delivering the basics to keep their people safe’
People
Deadline for allAgents People Awards is fast approaching
Customer reviews form part of the selection process
Charity
KFH donates over 750 devices to Business2Schools
KFH’s donation will make a huge impact on many schools across London and the country
Agency
Foxtons sees significant growth in revenue as operational turnaround progresses
Foxtons says revenue in the first quarter of 2023 rose sharply, fuelled by the letting division
Acquisitions
Well-established estate agency acquired as owner retires
Business owner retires after launching estate agency 10 years ago
Agency
Well-known estate agency opens eighth branch
The new office is located right in the heart of the town centre and will offer a full range of estate and letting services
Finance
Major blow for homeowners as interest rates set to hit 5%
The Bank of England looks set to increase interest rates again in a fresh bid to tackle persistently high inflation
Other News
Property industry reacts to latest house price data
The gradual readjustment in house prices continues, albeit at a slower pace than analysts previously predicted
Law
Fully digital property transactions edge closer
The prototype paves the way for the process to be made significantly more transparent and efficient, and potentially reduces the risk of fraud
People
Comings & Goings
Snippets of industry news: New estate agent consultancy; Ex-head of country homes at Strutt & Parker joins North Residential; Wise Living completes management buy out
Compliance
Rental stock will take 40 years to get to C and above
New research shows getting the PRS to the government target of C would take until 2064 at the existing rate of property upgrading
Lettings
Government’s plans for reform ‘looking to destroy’ private rented sector
Senior figures debate the government's plans, and their motivations with local elections just around the corner and the nation expected to go to the polls in the near future