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Here is today’s Breaking News from the estate agency world. Join the debate by leaving a comment below a story - you will need to be logged-in to do this.

Breaking News

Mortgage lender wants stamp duty rebate and cash help for owners

Stamp duty rebates and cash to improve energy efficiency are being demanded by one of the country’s biggest mortgage lenders in a bid to help the...

Tributes paid after popular agent, 41, passes away

Touching tributes have been paid to long-standing estate agency franchisee Camran Ishaq, who has passed away at the age of 41. Ishaq had run the Dewsbury branch...

High profile agency hangs its hat on Guild of Property Professionals

The fast-growing high profile Hat and Home agency has joined the Guild of Property Professionals. Founded in December 2020, Hat and Home has rapidly established itself as...

Prop X - landmark event announced by Propertymark Trust

The Propertymark Trust has launched Prop X, its first-ever fundraising event, scheduled for Birmingham in September.  A statement from the trade body says Prop X “will offer...

Huge survey to assess housing problems in ‘crunch county’

Thousands of people will be invited to take part in new research to help provide information on why one particularly badly hit county is facing unprecedented...

Stock supply soars - Zoopla and Rightmove data under the spotlight

An analysis of Rightmove data shows that sale stock levels were up 9.2% across England during the first quarter of 2024, compared with the same period...

New high end agency puts emphasis on lifestyle presentation

A new agency has launched, describing itself as being “dedicated to creating extraordinary marketing for extraordinary homes across Hampshire, Surrey and Berkshire.” In an online launch statement...

Mortgage rates hit six month high after recent bank hikes

An analysis by Rightmove reveals that the average interest rate for a two year fixed mortgage at 95% loan to value mortgage is now above 6%. It’s...

PropTech product claims to convert past contacts into future instructions

Homesearch is launching a new product designed to help agents convert past contacts into future instructions.  The PropTech company says its Re:Contact tool helps agents engage with...

Three interest rate cuts and house prices to rise - Lloyds Bank

Lloyds Bank has issued figures showing a 28% profits plunge for the first quarter of the year - but it nonetheless has good news for the...

Sales Boost at last for Prime Central London - agency data

The JLL Prime Central London Index saw signs of improvement in the first quarter of this year, with 4.5% more properties being sold compared to Q1...

House prices fall for 15 months in Wales - now transactions down too

The average price of a home in Wales fell to £229,263 in the first quarter of 2024, making this the fifth consecutive quarter that prices have...

Coup for Self-Employed Agency Brand as high flying agent joins

An agent with 15 years experience at high end agencies Hamptons and Knight Frank has joined a self-employed brokerage brand. Sally Jane Hobson, who previously worked at...

Radical reform of Right To Buy demanded by industry group

A property industry group has called for a reduction in the discounts available for council tenants buying their own home, after finding that homes in weaker...

Call for improved training for Energy Performance Certificate assessors

A property consultancy is calling for improved accreditation for Energy Performance Certificate assessors. Re:solve Real Estate - which specialises in commercial property - claims it consistently sees...

Training service expands activities with two agent certificates

The Able Agent - the online property training service which recently launched in Scotland - has now expanded to Wales as well. Welsh agents are now able...

Housing Market Update - slowest and fastest sales so far in 2024

Detached homes in Wales are the slowest property types to sell across the UK and take an average of 92 days - 18% more than the...

They’re Open! Are you entering the industry’s Fundraising Awards?

Agents Giving says its Fundraising Champions of the Year Awards 2024 are now open for entries. You can enter the awards yourself or nominate someone you know...

Vast majority of agents are proud of their profession - survey

Some 83% of estate agents are proud of their profession, says a new survey. The poll of 1,728 estate agents, commissioned by GetAgent, found that 69% of...

Industry Alert: The Digital Takeover Transforming Estate Agency now!

In this latest article from the team at Iceberg Digital, they discuss how the digital realm is transforming Estate Agency.   The evolution of estate agency practices...

Phil Spencer - How To Prove The AI Bots Wrong

Artificial Intelligence is now a part of all our lives, but my attention was grabbed recently by an AI critique of estate agents - or more...

PropTech Swoop - OnTheMarket’s new owner snaps up Matterport

CoStar Group, the US-based global online real estate provider which acquired OnTheMarket in December, has now snapped up Matterport, the well known 3D capture and spatial...

First Time Buyer aged 67 shows affordability issue worsening

New data from one of Britain’s largest mortgage lenders shows that nearly one in five first-time buyers are now aged 40 or over - and sometimes...

Five year record high for number of homes listed for sale - Zoopla

Would-be home-buyers are enjoying the highest level of spring-time choice of homes in five years says Zoopla. The portal claims that there are 20% more homes on...

Two new branches for growing agency following latest acquisition

Regional agency Mundys has snapped up a sales business, taking its branch total to five. It currently has two offices in Lincoln and one in Market Rasen,...

Single Income Homebuyers face huge uphill task - figures

New statistics from the Financial Conduct Authority, analysed by a legal firm, show the clear disadvantage and worsening picture for single income homebuyers. This has been exemplified...

Stamp Duty Cut possible in Mini-Budget - government briefing

A report in the Times newspaper says Chancellor Jeremy Hunt is planning a stamp duty cut in the early autumn. The paper says he favours increasing the...

Foxtons could sell to Dexters for £300m - press speculation

A shareholder of Foxtons believes the agency could be worth £300m if sold today - substantially above its existing market capitalisation but still far short of...

Why does it take SO long to complete a sale? Reapit has an idea...

A veteran PropTech figure with extensive experience of working at leading estate and sales agencies has told the government to act - and act now -...

Green Belt and Labour - broad industry support for new approach

There’s been broad support from within the agency and wider property sectors for Labour’s proposal to build on selected parts of the Green Belt, while protecting...

Rightmove warns of lull in sales despite brisk start to 2024

The number of new sellers coming to the market is up by 12% compared to this time a year ago, and the number of sales being...

Guild reveals 20 latest hand-picked agent members

The Guild of Property Professionals has chosen 20 new member agents in the first quarter of the year.  With the property market appearing to stabilise in recent...

At last! Property sales data shows recovery from Brexit

It’s taken eight years but one of London’s highest profile estate agencies says the value of its Under Offer pipeline has at last exceeded the figure...

Sellers Risk Fall-Throughs by failing to disclose neighbour rows

Almost one in five vendors admit to having failed to disclose disputes with neighbours to prospective buyers when selling their home, according to new research. The same...

Jonathan Rolande: New build data is something to build on

Data and statistics are never in short supply for those of us working in the property sector.  But one set which really caught my eye this week...

Phil Spencer to give Blue Sky speech to estate agents

TV property guru, Move iQ founder and Estate Agent Today columnist Phil Spencer to be a keynote speakers at Propertymark One this year, the trade body’s...

Accreditation for solicitor estate agents begins next week

ESPC has relaunched its SPC Property Practice certification, a unique accreditation course for solicitor estate agents. Developed with The Law Society of Scotland and Edinburgh Conveyancers Forum,...

New owner for Martin & Co franchise

Martin & Co’s Tonbridge office has a new owner. Chatham-born Stephen Castellani has taken the reins from Robert Gordon-James and his wife Katrina, who had been the...

Average estate agent fees hit £4,500 to £10,300 - claim

A new analysis of the cost-of-moving suggests that the typical seller will incur expenses of £5,867 - and that rises hugely to £12,042 in London. The largest...

Franchise agency pulls plug on underperforming offices

Winkworth has revealed that it has not renewed franchises on offices “where our standards were not being met and results were below expectations.” In a statement to...

Jargon and Complexity put people off moving home - Zoopla

The jargon and complicated house moving process is deterring as many as 2.2m owners from entering the market, claims Zoopla.  The portal spoke with 2,055 UK adults...

Interest Rate Cuts on hold after disappointing figures

Inflation has eased to 3.2% down from 3.4%, official figures from the Office for National Statistics show, the lowest level since 2021. But most economists had predicted...

Owners deterred from downsizing by cost and hassle of moving

The cost and time consuming nature of the house moving process is deterring older owners from downsizing, it’s been alleged. An upfront information service called Home Sale...

Property firms see rise in sick leave - research

Businesses in the real estate sector have seen one of the biggest rises in sick leave over the past year, research suggests. The Sick Leave Report 2024,...

Reader poll: Are house prices falling?

A fifth of Estate Agent Today readers have claimed house prices are falling either nationally or regionally, a survey has revealed. It comes as industry commentators Russell...

Leaders unveils upgraded sustainable branch

Leaders has launched its upgraded sustainable office in Guildford, Surrey, with an event for local clients, media, local businesses and Leaders staff. The Leaders Romans Group (LRG) brand followed the...

Chestertons Global expands into Bermuda

Chestertons Global has expanded into the Bermuda property market with a new affiliate, Realestate.bm. The brand will offer residential sales and lettings as well as commercial property...

AI property search app features among top downloads

Artificial intelligence-powered property search app Jitty is celebrating reaching the 10 10 ‘House & Home’ apps in the Google Play Store just days after launching in...

ESTAS Awards set to reveal postcode winners early

Agents are set to discover who has won the Best in Postcode accolades next week as part of a rejig of the ESTAS Awards. TV property expert...

Relocation Agent Network unveils AML preferred supplier

The Relocation Agent Network (RAN) has named Smart Compliance as a preferred supplier.  This partnership is a continuation of a collaboration that began last year, resulting in...

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