Agency
New report to help estate agents assess climate change risks on any property
The report aims to help property professionals and investors understand the current and potential future climate-based risks
News
Agency
My Auction founder launches new service ‘estate agents can offer their clients’
Stuart Collar-Brown, who has worked in the property industry for more than 20 years both as an estate agent and property auctioneer, is hoping to help speed up property transactions
Finance
Remortgage completions drop by almost a third
Homeowners who remortgaged last month saw their average monthly payment increase by £257
Other News
Property industry reacts to sharp fall in house sales
Residential property sales dropped by almost a fifth in February
Politics
Estate agent sees red after discovering rate relief exemption
High street property businesses are being hit with eye-watering rises from local authorities due to government guidance
People
Comings & Goings
Snippets of industry news: Purplebricks’ head of letting joins Spicerhaart; Ex-Savills associate director launches new agency; iamproperty appoints CTO
Finance
Average fixed mortgage rates hit a six-month low
The overall two-year fixed mortgage rate stands at 0.32% higher than the five-year equivalent
Agency
Boss of Douglas & Gordon on the move
Administrators this week published a report on insolvency of Douglas & Gordon
Agency
Number of homebuyers registering at estate agents soars
Recent activity seen by estate agents paints a 'robust' picture, say Propertymark
Lettings
Estate agency pens open letter to Michael Gove urging government to increase support for PRS
The widening supply-demand imbalance in the PRS is placing upward pressure on rents
Agency
Connells Group launches new business proposition for PRS investors
The new proposition includes a wide range of services
Other News
Revealed: Britain’s longest-listed homes for sale
Research finds properties still struggling to sell after years on the market
Finance
Remortgagers and buy-to-let investors provide biggest boost to lending
The buy-to-let space has, perhaps surprisingly, shown the strongest and most consistent growth in mortgage lending
Acquisitions
Dataloft acquired by European PropTech firm
The acquisition comes at a time when the UK housing market is showing signs of stabilising after a recent period of uncertainty
Agency
Zoopla agrees long-term deal with Northern Estate Agencies Group
The partnership will further improve Zoopla’s coverage of listings in the north of England.
Agency
EYE NEWSFLASH: Administrators publish report on insolvency of Douglas & Gordon
When James Evans bought the business from Foxtons, it had £3.7m of cash. On insolvency on 7 March, there was just £349k left; 50 staff members made redundant; creditors unlikely to be paid
Acquisitions
Historic estate agency completes acquisition of rival firm
The estate agency, established more than 200 years ago, has expanded
Compliance
Estate agency handed hefty fine for ‘unacceptable’ property
The agent must pay the fine within 28 days of the guilty verdict
Law
Letting agency to pay over £62k after unfair dismissal
The judge increased the compensatory award overall by 15% to reflect the failure by the letting agency to follow the ACAS Code in both the grievance and disciplinary procedures
Other News
Sellers must ‘show greater realism on price’ to get homes sold
Many sellers continue to be over-optimistic on price