Chestertons says long-term strategy remains intact despite CEO’s exit
It is business as usual as Chestertons, despite the recent resignation of the firm’s chief executive, Guy Gittins, who left last month to join rival firm Foxtons.
News Archive
Estate agents told to have the right tools in place to cut fraud risk
Fraud is a huge problem in the UK property market.
Right to Rent – first digital identity service provider approved
The certified digital identity service provider will offer digital identity checks for the Right to Rent scheme.
Trade body aims to ‘improve the mortgage and conveyancing process for all’
What is happening at the ‘coal face’ of the sector?
Housing minister says government will not consider rent controls in England
Letting agents will undoubtedly welcome the news, but there is still no date for the publication of The Renters’ Reform Bill White Paper outlining legislation to scrap Section 21 evictions.
Estate agency reveals ambitious expansion plans
The estate agency says will open yet another new office next month.
Comings & Goings
Snippets of industry news: Peter Everett joins Savills; Connells Group announces CTO appointment; Propertymark’s Daryl McIntosh lands a new role.
Zoopla launches new data tool for agents to switch from Jupix to Alto
Zoopla has introduced a new data migration experience that will allow Jupix customers to upgrade to Alto, the cloud-based software for agents.
Mortgage rates are rising ‘but it’s not all bad news for borrowers’
Due to the changes in the mortgage landscape borrowers may find themselves better off by looking beyond headline-grabbing fixed initial rates, especially as interest rates continue to rise.
Supply-demand imbalance to push house prices higher, says Fine & Country CEO
Fine & Country global CEO, Simon Leadbetter, points to a major of economics, highlighting that if demand exceeds supply, prices will, in his opinion, rise “until we reach an equilibrium”.
Property stock levels plummet by up to 70%, data shows
The causes of this shortage are varied including the loss of a substantial period of housebuilding due to the pandemic and subsequent labour and material shortages.
Building trust to build stock or diversity
With inflation rising, homeowners think twice about spending, particularly on items such as agents’ fees, conveyancing and stamp duty.
Building products are becoming ‘increasingly difficult for housebuilders to source’
Costs for developers are rising fast.
House prices: The market is now ‘at a turning point’
Significant regional variations in house price inflation.
Independent agency acquired by well-established franchise
Third independent agency acquisition for fast-growing company.
Purplebricks accepts it needs to improve ‘quality of service to our customers’
Purplebricks was last week named the UK’s worst-performing agency for customer experience.
Do you think this advert is misleading?
Eric Walker, MD at Martin & Co, thinks the latest Sold.co.uk advert is ‘unacceptable’.
The housing market is ‘rebalancing’ as inflation takes its toll
Residential property prices look set to fall as challenges in the broader economy start to filter through to the housing market.