LSL shares rise as firm predicts ‘significant’ increase in full-year profit
The estate agency businesses reports very strong trading with full year 2020 Group Underlying Operating Profit expected to be significantly ahead of 2019.
News Archive
New buyers should generally ‘not be factoring in any stamp duty savings’
Rightmove’s latest analysis projects that around 100,000 purchasers will miss out on the current stamp duty holiday.
Agents will benefit from the Supreme Court’s decision on insurance claims
Policy holders should contact their insurance company or broker to check eligibility.
HomeLet and Let Alliance significantly improve their rent guarantee product
HomeLet and Let Alliance expect to complete about 1m references this year on behalf of letting agents.
Agencies in Wales will be required to carry out Covid risk assessments
First minister Mark Drakeford said: “Risk assessments must be reviewed and updated regularly.”
New ‘Right to Regenerate’ proposals aim to boost the supply of new homes
New Right to Regenerate will enable public to require councils and public sector to sell unused land and assets.
House prices set to fall sharply in Q1 2021
One of the earliest snapshots of the housing market outlook shows that house prices are set to drop by 6.2% in the first quarter of 2021.
Final push as stamp duty extension campaign approaches petition target
At 100,000 signatures, the petition to extend the stamp duty holiday will be considered for debate in Parliament.
Has UK housing market run out of steam? Momentum slows, data shows
“Viewings across our businesses are down around 70% compared to December”, says agent.
Petition calls for all estate agency branches to close during lockdown
Keeping estate agents open, which allows several households to mix during viewings, is going against guidelines and is neither safe or sensible – claim.
Supreme Court rules on Business Interruption Insurance Policies
Small firms set to benefit from Court ruling
More than half of surveyed agents feel workplace is NOT Covid-secure
EYE poll result – majority of agents feel unsafe in their workplace.
Tips for agents working remotely and home schooling
Trying to ensure that you can keep your business going and keep clients happy while home schooling is no easy feat.
Comings and Goings
Promotion at Sterling Estate Agents; New managing partner at DM Hall; Matthew Corker is now operations director at Knowledge Bank
Prices and transactions set to slow as end of stamp duty holiday nears
There will be a lull in activity during the middle of the year, according to Savills.
Agents should ‘stand proud’ of the service they provide during the pandemic
Agents should take pride in the essential role they offer, said The Letting Partnership.
Number of housing completions almost tripled in Q3 2020
Housing minister Christopher Pincher: “Our steps to keep the housing market open have resulted in new starts on housing only being down 1% between September 2019–2020 compared to the previous year.”
Majority of agents want housing market shut down to manage virus spread
EYE poll result – more than 60% of readers want estate agency branches closed and a ban on physical viewings, valuations and meetings.
The government is “absolutely determined” to keep the housing market open
The “housing market is staying open” despite growing pressure to tighten restrictions.
Winkworth warns of “huge potential loss” if housing market is closed
Trading update: The number of properties under offer is currently at a 13-year high, according to Dominic Agace, chief executive of Winkworth.