‘It is time to fix the broken housing benefit system once and for all’ – NRLA
The lack of clarity on housing benefit rates is creating yet more uncertainty
News Archive
EA Masters nominated for prestigious awards
EA Masters has been confirmed as a finalist for two illustrious industry awards
BPF publishes new governance code for for-profit providers
The purpose of the new code is to promote good governance among FPRPs
Football league club renews agreement with mortgage broker
The new deal has been agreed ahead of the 2024/25 season
Conditional selling by estate agents is getting worse
A significant minority of estate agents are being allowed to continue to negatively impact our industry. This has to stop, says the CEO of Access Financial Services
Property industry reacts to Zoopla House Price Index
A number of estate agents are seeing a bounce in buyer activity
Well-established estate agent expands after buying two office franchises
The acquisition follows the owner’s retirement after almost 30 years with estate agency business
Home sellers risk losing money by using Purplebricks
vendors urged to do the do the maths and think about ‘the implication of paying upfront’
What is currently happening in the UK property market?
New Properties to Market: The UK saw 36,647 new listings. This year’s YTD listings stand at 888,676, 11.8% higher than the historical 8 year YTD average of 794,888
Comings & Goings
Snippets of industry news: New president of ARLA Propertymark; Hartnell Taylor Cook announces revised management structure; Ralph Sayer’s estate agency division has a new sales head
Leaseholders warned new laws could take years to come into effect
The Leasehold Reform Act became law before parliament was dissolved in May ahead of the general election on 4 July
House prices are 8% overvalued, says Zoopla
The big question is how far do property prices need to fall? And where are prices most overvalued?
Proportion of first-time buyers paying stamp duty could more than double under Labour
Reallymoving has analysed the proportion of first-time buyers who would pay stamp duty under the two main political parties
How much do you earn? Number of higher rate income taxpayers soars
High inflation and frozen tax bands are dragging more people into paying income tax
Agents opt for PropTech rather than extra staff to avoid ‘wage increases’
A growing number of agents are turning to PropTech to manage growth, not extra staff, owing in part to high wage inflation
Sharp rise in the number of new homes listed for sale
New insight reveals that there has been a 23% increase in new housing stock as sellers look to get ahead of potential post-election market rush
AI will ‘speed up and reduce the cost of real estate transactions’
A growing number of law firms are now embracing and relying on AI
Is the landlord right to claim for rent arrears and damage caused during the tenancy?
Using early resolution and self-resolution in deposit disputes could potentially help
Estate agency unveils solar for sale signs
The estate agency will roll out the new solar-powered signs over the coming weeks
Confidence improves in what remains a challenging housing market
The biggest issue property auctioneers and valuers are experiencing is securing ‘good stock’ for sale