Finance
Findingaplace launches £250,000 crowdfunding campaign
Mike Savva, founder of Findingaplace: “The London rental market alone holds huge potential for growth.”
News
Politics
The property industry needs to refocus on going green
Right now, we can make small changes to the way we live which will affect climate change immediately.
Law
Man arrested, accused of selling somebody else’s house without their knowledge
The man has been arrested on suspicion of fraud by false representation.
Other News
Housing market outlook: What to expect in 2022
Gráinne Gilmore, head of research at Zoopla, shares her thoughts.
Lettings
BTL landlords could soon be left ‘between a rock and a hard place’
NRLA's Ben Beadle: “These figures show the extent to which landlords have worked to sustain tenancies as a result of the pandemic, many at the expense of their retirement savings.”
Agency
Sean Newman’s £300,000 commission carrot attracts 47 estate agents so far
Agents are hoping to find a buyer for this £30m mansion and earn up to £300,000 commission.
Acquisitions
James Gibb completes major acquisition
The acquisition marks another milestone in James Gibb’s expansion plans.
Acquisitions
Top boss quits housing quango to join major property firm
One of the most senior executives at Homes England has quit to take up a senior role elsewhere.
Other News
UK house price growth set to slow
Knight Frank’s James Cleland: “We are starting to see a notable increase in the number of owners contacting us with a view to listing their property next spring.”
Finance
Government unveils £624m package to support new homes
Chief executive of Homes England Peter Denton: “This new infrastructure funding will be a powerful catalyst for creating new homes, places and communities.”
Agency
‘Nothing short of phenomenal’ as Purplebricks faces legal action
Peter Fletcher, spokesperson for C4J: “The number of Purplebricks agents that have signed up with us now is well into the hundreds.”
Agency
Strike claims to be ‘the fastest growing estate agent brand in the UK’
The hybrid agency, formerly Housesimple, aims to undercut traditional high street estate agents by offering vendors a free property sales service.
Finance
Purplebricks share price crashes 37% after issuing profit warning
Shares of the online estate agent plunged to 33p yesterday.
Agency
Spicerhaart reveals plans to expand its branch network across the UK
Antony Lark: “We have exciting plans to expand our branch network across our seven brands as part of our ambition to cover every postcode in England and Wales and reach £35m profit.”
Other News
UK house prices hit another record high – property industry reaction
Russell Galley, managing director at Halifax: “With prices rising for a fourth straight month, the annual rate of inflation now sits at 8.1%, its highest level since June.”
Agency
TPFG sees revenue more than double
Chief executive Gareth Samples: “Whilst the market would benefit from increased stock of properties to let or sell, we have continued to achieve significant transactional activity.”
Finance
Property industry reaction: Interest rates are on hold for now but not for long
Iain McKenzie, CEO of The Guild: “The absence of an interest rate rise from the announcement provides much-need breathing space for those worried about their mortgage payments.”
Lettings
London rental market sees rental values return to pre-pandemic levels
Marc von Grundherr, a director of Benham and Reeves: “Demand is lifting and rental values have not only recovered, but they’ve also exceeded levels seen prior to the pandemic.”
Finance
Climate change will leave 1.5 million homes at risk of flooding by 2050
Hometrack’s Spencer Wyer: “Whilst the effects of climate change are well publicised, the direct impact of climate change on property valuation is a more challenging area for lenders.”