Other News
What’s in store for the housing market this year?
Matt Fleming, who advises housebuilders across the UK, offers his property market predictions for the year ahead.
News
People
Comings & Goings
Snippets of industry news: New HQ for Adair Paxton; BPF announces new president; Just Mortgages’ rapid expansion
Compliance
Tenants urged not to use social media to find rental properties
Letting agent warns that there are real risks that many people face in dealing with properties featured through online classified advertisements.
Finance
Significantly fewer locations accessible to a household with a £150k budget
The range of locations accessible to a household with a more limited budget of £150,000 has shrunk substantially.
People
Richard Adams, founder of Stonebridge, has died aged 58
Richard Adams, founder and Stonebridge board adviser, has sadly passed away after a long battle with cancer.
Acquisitions
Miller Homes acquired by US asset firm
Miller Homes has been purchased by an American asset management firm in a deal thought to be worth £1.3bn.
Other News
Total value of homes in England has increased by 80% over the last decade
The total value of the England’s ownership market is now over three times that of the rental market, new research by Boomin shows.
Other News
Scottish country market enjoys best performance in four years
The Scottish country market finished 2021 on a high with exchanges up 15% in the first 11 months of 2021 versus the five-year average (excluding 2020).
Other News
Revealed: The areas experiencing the most homebuyer demand
As we enter the new year, buyer demand remains strong. But where are the homebuyer demand hotspots?
Agency
Purplebricks says lettings ‘a crucial part of our growth ambitions’
Purplebricks has broken its silence to dismiss speculation that is planning to sell-off the lettings arm of the business.
Finance
Housing market returning to pre-pandemic normality
New data shows that the housing market is moving into more ‘normal territory’ as mortgage approvals return close to their pre-Covid averages.
Agency
Agents urged to prepare for ‘a very busy year’
All signs point to a buoyant year for agents and negotiators should be preparing accordingly if they want to capitalise on the ongoing demand, says commentator.
Agency
London’s billionaire home buyers market doubled last year
Demand for super-prime property in London’s has been driven by buyers having access to preferential-rate interest-only so-called “billionaire mortgages”, says agent.
Agency
eXp UK partners with iamproperty
Ben Ridgway, co-founder at iamproperty: “The partnership with eXp represents the future of how we plan to work with agents.”
Lettings
BTL investors do not want to be called ‘landlord’ after being ‘vilified’ in the press
Many buy-to-let investors no longer wish to be associated with the term ‘landlord’ due to negatively in the press.
Law
Homeowners seek to escape short leaseholds and onerous ground rents
A leading leasehold expert expects homeowners to be more proactive in 2022 as they seek to address issues that have left them unable to sell their properties.
Finance
Homeowners would consider ‘green’ mortgages amid new energy bill warning
Homeowners would consider a lower mortgage rate based on their property’s energy performance rating as the prime minister is urged to treat soaring prices as an ‘emergency’.
Agency
Well-known estate agent and auctioneer dies following short illness
The coming year would have marked the agent’s 50th anniversary with his firm.
Agency
Forget the Boxing Day bounce as selling in the New Year is far better – claim
Hybrid agency Hortons says the first working day in January creates a spike in traffic leading to one of the busiest days since mid-September.
Lettings
Agent concerned over proposed rent controls
Buy-to-let landlords could exit the PRS if rent controls are introduced.