Tech
Alto introduces new mobile functionality
Alto has launched new mobile functionality to support agents on-the-go.
News
Finance
Purchasers ‘have less buying power’ making homeownership dream harder
Mortgage borrowing stable but approvals drop in September.
Acquisitions
Iamproperty hits 5,000 agent milestone
The acquisition of SDL Auctions’ portfolio of estate agency partners has added a significant number of agents to the iamproperty network.
Finance
EYE NEWSFLASH: Boomin goes bust
Boomin, the online property portal founded by the former head of Purplebricks, has called in liquidators after failing to secure new funding.
Agency
Online estate agency goes offline amid administration rumours
The online company, which previously said high street estate agency is ‘dying’, appears to have ceased trading.
Finance
UK house prices to fall as mortgage rate hike hits ‘buying power’
The outlook for the year ahead hinges on the trajectory for mortgage rates which impacts the buying power of households who are already facing higher living costs.
Agency
Estate agents told to stop over-valuing homes to gain instructions
More needs to be done to stop the practice of over pricing homes to win instructions, it has been claimed.
Agency
Activist investor ‘extremely surprised’ by Purplebricks’ sudden announcement
Activist investor Lecram Holdings, which has been calling for Purplebricks to bring more agency experience to its board, was not expecting this latest announcement by the online firm.
Finance
Bank of England expected to hike interest rates to 33-year high
The Bank of England is preparing to unveil the biggest hike in interest rates for 33 years this week as the central bank continues its efforts to curb inflation.
Agency
Purplebricks share price hits all-time low after job cuts revealed
Purplebricks, which last month announced plans to reboot its controversial ‘commisery’ campaign urging vendors not to instruct commission-based estate agents, has seen its share price slump.
Events
Agency conference rescheduled due to Tube strike
Taking into account the national rail and London underground strike planned for November 3 and November 5, the event is now rescheduled for early next year.
Lettings
Students queue overnight to secure accommodation amid housing shortage
Student renters queued outside estate agents in a bid to find a home for the next academic year.
Finance
Government urged to give BTL landlords stamp duty ‘exemption’ to boost rental supply
Private landlords are important housing providers and are needed to plug the growing shortage of homes to rent.
Finance
No return to financial-crisis double-digit price drops, agency forecasts
The UK is expected to avoid a repeat of the double-digit house price declines seen during the global financial crisis.
Politics
Michael Gove commits to 300,000 housebuilding target
Housing secretary Michael Gove insists that the government is still committed to building 300,000 new homes annually by the mid-2020s, despite doubts raised by ex-prime minister Liz Truss.
Politics
Scrapping housebuilding target would deal £17bn blow to economy, OBR warned
Getting rid of plans to build 300,000 new homes a year will deal a £17bn blow to the economy and deprive the Treasury of much-needed tax revenues, housebuilder developers have warned.
People
EYE NEWSFLASH: Goodlord make 18 staff members redundant
A company spokesperson explained the issues that led to the redundancies a short while ago.
Politics
Lee Rowley re-appointed as housing minister
Lee Rowley has been re-appointed as housing minister, while Lucy Frazer has also been named as minister of state in the Department for Levelling Up, Housing and Communities (DLUHC).
Agency
Estate agency denies report linking it to Chinese police operations in the UK
Allegations that Chinese police have opened unofficial offices around the world to crack down on dissidents