Here are the initial findings from the State of the Industry report
Here are some early signs from the State of the Industry Report, a seminal industry survey, comprising responses from 550 letting agents and over 1,700 tenants.
News Archive
Prime London is now a landlord’s market as tenant demand soars
Gary Hall, head of lettings at Knight Frank: “Supply is tight in some areas and demand has gone through the roof.”
Notice periods return to pre-Covid lengths from next month
Isobel Thomson, safeagent chief executive: “We welcome the clarity from government regarding notice periods.”
Jacobs Steel celebrates first anniversary in Hove
Jacobs Steel’s managing director, Matt Jacobs “It’s been a brilliant year.”
RICS crisis – Sean Tompkins looks set to quit as CEO
It is understood that Sean Tompkins is in advanced discussions to resign ahead of the publication of today’s governance scandal report.
OPINION: Here come the Roaring Twenties
Lloyd Davies, operations director of the Conveyancing Association, believes the good times are here to stay for many years in the transactional property market.
Strategic expansion fuels strong revenue and profits at Winkworth
Dominic Agace, CEO: “While the first half of this year was marked by an exceptional level of sales activity, it also vindicated our strategic expansion in recent years into the country.”
Housing market slows but prices still expected ‘to climb higher’ – RICS
Bradley Tully at RICS: “[The stamp duty holiday] should have been allowed to expire as originally intended.”
New pre-tenancy platform for agents
The release of the new platform forms part of Let Alliance’s commitment to invest in technology and improve customer service.
House price growth will last well into 2022, says agency
The UK housing market follows a predictable cycle, and the signs suggest that property prices will continue to rise as buyers seek more space.
Tenant due diligence proptech platform completes £1m funding round
Major firms including Knight Frank, JLL and Douglas & Gordon are now using Homeppl’s technology.
London’s prime property market continues to show signs of recovery
Tom Bill, head of UK residential research at Knight Frank: “We can confidently predict a strong end to the year.”
TPFG acquires mortgage broker as it looks to ‘grow the group’s financial services capability’
Gareth Samples, group chief executive officer of TPFG: “[The acquisition] will ultimately provide a meaningful contribution to our franchisees’ and group’s financial performance.
Agent awarded £185k compensation: ‘How are mums meant to have careers and families?’
Alice Thompson, former sales manager for Manors: “I’d put my heart and soul into an estate agency career for more than a decade.”
Dust down your GCSE knowledge – they’re shipping Boxer off to the glue factory
Peter Ambrose, founder of conveyancing specialist The Partnership, offers his latest ‘opinion’ piece.
UK rents outside London are rising at their highest rate for over a decade
Gráinne Gilmore, head of research at Zoopla: “Demand for rental property is likely to remain higher than usual in the coming months, amid this swing back to city life.”
New platform provides instant deposit registration for letting agents
Aaron Messenger, compliance officer at Andrews Property Group: “We’re saving seven minutes on average for each deposit registered.”
Rents have soared up to 25% in the ‘most desirable areas’ this year, says agency
Kate Eales, head of regional residential agency at Strutt & Parker: “The recovery in the rental market has, in many ways, mirrored the boom in the sales market.”