Agency
Former petrol station and car hire franchisee takes on Whitegates branch
New owner of estate agency branch is aiming to fuel growth in his new business after swapping petrol stations and car hire for property
News
Finance
New survey reveals huge levels of mortage process ignorance
Many believe that being self-employed is not usually a factor considered by lenders in mortgage applications.
Lettings
Value of the Private Rented Sector grows to £1.4trn
49% of renters say they expect to be renting for the rest of their life
Lettings
New power sharing agreement could be bad news for Scotland’s rental sector
As the SNP and Scottish Greens agree to power-sharing, Propertymark warns that aspects of the Scottish Greens manifesto could come into play.
Lettings
Searches for purrfect pet-friendly properties up by 120% – Rightmove
Landords who allow pets will win more enquiries from potential tenants
Other News
Off the edge of a cliff – transactions plummeted in July
Industry reacts to news that property transaction levels have collapsed by 62.8% in just one month
Agency
Rishi Sunak gives very personal support to estate agency
Chance meeting with the Chancellor brings Rishi Sunak to opening of branch
Agency
Is your agency ready for Covid phase three?
The property industry will start to see a truer picture of the fallout of covid
Politics
Tenants at risk from government’s ‘chronic failure to tackle rogue landlords’
It is vital that the forthcoming White Paper strikes a fair balance between the needs of both tenants and landlords
People
Comings and goings
Snippets of industry news: Esther Broomhall & Partners; Dacre Son & Hartley; Davidsons Estates
Lettings
Landlords imposing rent increases – but the tenants keep coming, in record numbers
71% of Propertymark agents saw landlords increasing rents in July
Finance
Property could be the key to unpicking the ‘triple lock’
Allowing property in pensions would provide an orderly intergenerational transfer of housing wealth
Acquisitions
OPINION: Dexters To Buy KFH?
We’re on the cusp of an M&A frenzy, says property industry commentator, Russell Quirk
Agency
The new ‘million pound markets’
Knight Frank says that nineteen locations in the UK have had significant proportion of seven figure sales since March 2020
Charity
Guitars, signed by music greats, up for auction – Julian O’Dell hits all the right fundraising notes
Mammoth fund raising effort by property industry trainer garners huge support from the musical hitmakers
Compliance
Landlords’ concerns about bringing rental properties up to higher energy efficiency level
More than a third of landlords lacking confidence they can improve their properties to EPC ‘C’
Agency
Covid will fundamentally alter the High Street – is it time for reinvention?
High Street estate agents will find themselves in the midst of change as their localities grapple with post-Covid realities
Lettings
Lomond Group partners with Goodlord
Proptech company gains client with a combined portfolio of over 22,000 properties under management
Agency
OnTheMarket’s new Sprift-powered market appraisal guides go live for member agents
Special deal also gives OntheMarket agents the Sprift platform at reduced rates
Agency
Could this new AVM tool put estate agency valuers on the scrapheap?
Computerised assessment of property photographs helps deliver automated valuations