Boris Johnson aims to revive Thatcher’s ‘property owning democracy’ dream
The PM says that he wants “generation rent” to become “generation buy”.
News Archive
Former Apprentice contestant takes Dezrez to employment tribunal
Kristina Grimes, a former runner-up on the popular BBC TV series The Apprentice, has parted company with Dezrez, where she was a sales director.
Agents need ‘a six-month lead time’ to prepare for major changes
There will be significant changes to the way the private rented sector operates in Wales.
Landlord charged over ‘sex for rent’ allegations appears in court
Christopher Cox faces two counts of inciting prostitution for gain and one count of controlling prostitution for gain in first case of its kind in the UK.
Extending the stamp duty deadline ‘is delaying the inevitable’ cliff edge
The government is being urged to adopt a ‘tapered’ ending to the stamp duty holiday.
Opinion: Stamp duty reprieve – but what comes next?
It’s been a long old year, one like no other. But we’re ready now to get back to business as usual.
Three new franchisees join Century 21’s ‘Flex’ model
The model allows franchisees to set their own working hours without the fixed costs of maintaining a high-street office.
Sharp rise in number of prospective tenants looking for properties
Regionally, Yorkshire & the Humberside had the highest number of new tenants registered per agency branch, research shows.
Scotland urged to follow suit in extending stamp duty holiday
The last three months of 2020 had the highest volume of transactions ever and also the highest revenue generation of any months since LBTT was introduced.
New mortgage guarantee to help buyers with 5% deposit
Major boost for buyers – and agents – as chancellor prepares to announce the return of 95% mortgages in next week’s Budget.
Boomin’s Michael Bruce pens open letter – ‘Rightmove is an example of market failure’
Michael Bruce: “I urge everyone to get on board and reset the balance of power in the industry between portals and agents.”
Opinion: “Not sure that TV was worth it”
The amount of stress everyone in the property industry is seeing is completely out of proportion with the costs involved.
Rightmove announces massive slump in revenue and profits in latest results
Rightmove today announced its results for the year ended 31 December 2020.
Agents lose more than £4,000 in commission for every property fall through
Almost a third of residential property sales fell through last month as purchasers eyed the looming end of the stamp duty holiday.
Connells’ takeover of Countrywide approved by FCA
Countrywide and Connells expect that completion of the acquisition will take place on 8 March 2021. Here’s the takeover timetable.
More than 250 agents sign up to free virtual viewings service
Lee Wainwright, CEO at FocalAgent: “Virtual viewings are a powerful tool and agents are waking up to their long-term potential.”
Mental ‘health check’ for those working in property management sector
The results of this survey will provide a mental ‘health check’ for the industry.
Release of pent-up demand leads to Rightmove’s busiest ever day
The number of prospective buyers contacting agents in February so far is up by 22% on the same month last year.
No tax hikes until economy improves, says former Treasury advisor
“I don’t think there is any chance of capital gains tax rising,” says ex-advisor to the now former chancellor Philip Hammond.
Stamp duty holiday behind surge in homebuyer interest
Mark Hayward: “There is simply not the supply to meet this level of demand.”