Remortgage activity increases by a fifth in July – LMS
The recent reductions in mortgage rates from a number of large lenders bode well for customers coming to the end of a fixed rate
News Archive
The Housing Scotland Bill ‘is simply unworkable’
Study shows rent controls reduce the supply and quality of rental housing
Major agency franchise network expands after completing acquisition
The move forms part of the estate agency group’s ambitious growth plans
Buyer representation could double estate agency revenues
It seems that the solution to poor agency performance has been staring us in the face all along
Government urged to reform stamp duty to get people and the economy moving
The amount of tax paid on property acquisitions is increasing and with the threshold set to be cut next year more people will be dragged into paying the levy
Bank of England to cut interest rates, economists forecast
The Bank of England’s Monetary Policy Committee is due to meet on Thursday 19 September for its next rate-setting vote
Mortgage price war hots up ‘with markets expecting further rate cuts’
The has been a sudden outbreak of sub-4% deals from some of the biggest lenders on the high street
UK rental growth slows to 33-month low – Zoopla
Demand for rental homes has fallen by 39% over the past year with the rental market shifting from ‘red hot’ to ‘hot’
Scammers target firms with fake HMRC letters
Companies are being urged to report misleading websites, emails, phone numbers, phone calls or text messages they think may be suspicious
Chancellor set to unveil 10-year social housing rent settlement in Autumn Budget
Rachel Reeves is working on plans to introduce a 10-year formula to calculate social rent on homes that will result in rents increasing every year
Estate agency saved from closure after company goes bust
The estate agency will continue to trade from its existing offices and all its staff have retained their jobs
Agency owner handed three-year letting ban
The owner of a high street estate agency has been given a three-year Banning Order after allowing people to live in overcrowded and dangerous flats
Competition intensifies as lenders cut mortgage rates again
The reductions come as the City wholesale market swap rates continue to drift downwards in anticipation of more interest rates cuts by the Bank of England
Comings & Goings
Snippets of industry news: Savills announces two appointments; The Private Office: Real Estate announces key hire; Alasdhair Lochrane joins Heaton & Partners
Catfest aims for £250,000 target
Previous Catfest events have raised over £230,000 for Action Against Cancer and the aim is to smash through the £250,000 mark this time
Historic UK estate agency brand announces first international expansion
This historic move marks a significant milestone in the agency’s long history
New communication tool for UK estate agents
New tool aims to help estate agents better manage client relationships and operational efficiency
Sharp rise in company insolvencies
The real estate and property sector, which includes estate agencies, are among businesses to experience significant financial distress