Lettings
New detection tools aim to help agents combat rental fraud
Homeppl has developed new fraud detection tools to support agencies currently combatting the rising levels of rental fraud.
News
Lettings
UK rents hit another record high
The average rent in the UK hit another record high in January.
Agency
GetAgent says ‘sorry’ to estate agents for advising sellers to lie about fees
Colby Short, CEO, GetAgent, issues an open letter following an angry backlash from estate agents after the comparison site told vendors to 'lie' to drive down commission fees.
Law
Conveyancers blamed for property transaction delays
A survey of almost 800 property professionals highlighted that sheer volume was believed to be at the heart of the issue in terms of transaction delays.
Agency
Purplebricks share price hits another record low
Purplebricks said last week that the first half of the trading year has proved difficult, with its market share falling, instructions plummeting, and total fee income dropping sharply.
Law
New leasehold rules ‘is excellent news for future leaseholders’
Good news for future homeowners, but the new rules ‘does nothing to help existing leaseholders’.
Other News
Trustpilot hits back at competitor for ‘unfounded and incorrect allegations’
Suggestions made by allAgents that businesses can pay Trustpilot to receive a better score are false, says a company spokesperson.
Politics
Boris Johnson appoints eleventh housing minister since 2010
Boris Johnson has appointed Stuart Andrew as the new housing minister, making him the 11th person to hold the position in 12 years.
Politics
Majority of homeowners and buyers want to see stamp duty reform
More than half of the 1,125 homeowners and homebuyers surveyed said stamp duty is an outdated tax in need of a reform.
Politics
Industry reacts to yet another new housing minister
Another new housing minister – industry response.
Lettings
More businesses are returning to the office, with greater demand for space
Business owners enquiring about leasing office space surpassed pre-pandemic levels in January, 54% higher than in January 2021 and 15% higher than in pre-pandemic January 2020.
Lettings
Average rents edge closer to £1,000 per month – Zoopla
Average annual UK rental growth has hit a 13-year high, with rents increasing 8.3% year-on-year to £969 per calendar month.
Agency
GetAgent urges vendors to lie to estate agents to drive down commission fees
The MD of a large independent estate agency has pledged to “never do business” with GetAgent again after the aggregator service encouraged “potential clients to lie”.
Agency
allAgents calls for Trustpilot CEO to resign over alleged ‘fake reviews scandal’
Property review site, allAgents.co.uk, has accused Trustpilot CEO Peter Muhlmann of ‘turning a blind eye for years to businesses posting their own positive write-ups on the review site’.
Other News
Kirsty Allsop defends ‘unbelievably stupid’ comments after copping Twitter backlash
The TV presenter, who said she felt “enraged” when people claimed they could not afford to buy a home, has defended her comments and sarcastically told people to complain to Channel 4.
Compliance
Agency employee who embezzled more than £50,000 is sentenced
The letting agency worker embezzled over £50,000 while working from home during lockdown
Agency
Some estate agents could soon run out of stock, warns data specialist
Residential property markets across the UK are coming perilously close to running out of any stock whatsoever to sell.
Agency
Well-known franchise network expands presence with new office opening
This latest branch opening is part of the franchiser’s expansion strategy.
Agency
Property industry reaction to Halifax House Price Index
Estate agents offer their views on the latest house price data. What are their predictions when it comes to property prices over the next few months?
Compliance
Mayor of London calls for register of overseas property ownership
The Mayor of London has called for a register of overseas property ownership to clampdown on London being used for international money laundering.