Other News
UK housing market appears to be showing tentative signs of improvement
Are we seeing green shoots in the housing market?
News
Other News
‘The number of property millionaires across Great Britain has shot up’ – Savills
More than half of £1m homes are now located outside of London
Finance
UK property returns dropped sharply in Q4 2022
The fall in the final quarter of 2022 marked the largest quarterly drop since 2008
Agency
Estate agents concerned over ‘unrealistic’ price expectations
Most estate agents believe sellers are unrealistic in terms of achievable pricing for their properties
Agency
Self-employed estate agency platform backed by major Purplebricks shareholder eyes growth
A choice of two commission options is now offered to existing and new agents
Other News
UK house prices ‘will fall by 35%’
Charlie Lamdin is predicting a 35% fall in house price and suggesting that buyers should potentially hold off buying property now, but is he an estate agency maverick or clickbait doom-monger?
Finance
Five-year fixed mortgage rate offered at below 4% for first time since mini-budget turmoil
A number of mortgage deals were withdrawn from the market following the mini-budget last September and when mortgages returned they were priced at significantly higher rates
Other News
Analysis shows levels of house price reductions across UK
Slashing of prices is being fuelled by 'unrealistic expectations' in initial listings, analysis shows
Agency
‘Realism versus aspiration’ will be story of 2023 housing market
Fine & Country MD Nicky Stevenson comments on the 'mixed picture' for property at present
Agency
Agents urged to check legal requirements, following changing trends
Agents have been advised to check their relevant documents
Politics
Yet another housing minister appointed – the sixth in a year
There have now been 15 different housing ministers since the Conservatives came to power in 2010
Other News
Study reveals most common property faults uncovered by surveyors
A poll of accredited surveyors has highlighted the serious issues frequently found
Other News
Market analysis reveals current property hotspots
Overall market is cooling but some areas are still seeing strong house price growth
Politics
New government department urged to provide industry with ‘clarity’
Agents are looking for clarity on how landlords, homeowners and businesses can meet targets
Agency
Lack of clarity causing confusion as agents join uncertified schemes
Agents are being encouraged to familiarise themselves with government guidance
Finance
A digital pound ‘could be a new way to pay’, says chancellor
What would a digital pound look like?
Lettings
Trade body calls for mould and damp rental property awareness campaign
Damp and mouldy homes don’t just make life a misery - they put lives at risk, says campaigner
Tech
Mobile app to allow buyers to directly engage with potential sellers
The latest release offers more information on off-market properties and enhanced 'searchability'
Agency
OTM to launch new estate agency automation platform with home management tool
TecHub will be the third of OnTheMarket Software’s core platforms, joining TecLet and TecCRM, which are already in operation
People
Comings & Goings
Snippets of industry news: Chestertons hires new sales director; Savills appoints new head of residential sales; Boomin’s former sales director joins Callwell