• Jan 27th 2017

Independent agents' group founder warns against online agencies

A founder of the new organisation seeking to be a trade body for independent estate and letting agents is warning that increased investment in and promotion of property technology could lead to the undermining of the traditional agency business model. Donald ... more

  • Jan 27th 2017

Government Housing White Paper now tipped to appear on February 6

It’s been a long time coming but the government’s White Paper on Housing - tipped to contain major reforms affecting the lettings and construction sectors in particular - now looks likely to see the light of day on Monday February 6.At the Conservative ... more

  • Jan 24th 2017

Two in five tenants favour long-term renting

Almost two in five private tenants plan to remain renting rather than buy a property, according to a new study.A survey of 1,000 renters, carried out by The Deposit Protection Service (DPS) found that 38% of participants were 'not looking to buy a property' ... more

  • Jan 22nd 2017

More buy to let investors seeking HMOs to offset higher taxes

A property investment financing specialist says an increasing number of buy to let investors are converting properties into Houses in Multiple Occupation to increase rental income as tax increases start to bite.Roma Finance funded more conversion ... more

  • Jan 20th 2017

Good news - cheap mortgage deals likely to remain in place

A new report from the NatWest Bank nips in the bud any speculation that rising inflation may end the current cheap mortgage deals being snapped up by many house buyers. The bank says a number of high profile mortgage products have been withdrawn in recent ... more

  • Jan 16th 2017

Rightmove traffic since Christmas up 5% on last year

Rightmove’s web traffic between Boxing Day and the end of last week is up five per cent on the same period a year ago.“This increase in search activity is notable given that a year ago market activity was buoyed by the November announcement that second ... more

  • Jan 11th 2017

Agents worry that over-55s are latest to suffer mortgage restrictions

Around six in 10 estate agents say their experience shows that mortgage lending restrictions targeting customers aged 55 or over are causing problems in the market. Some 58 per cent believe the current range of mortgages does not meet the needs of over-55s ... more

  • Jan 9th 2017

Purplebricks: 'people may never accept technology-only sales'

One of the founders of hybrid agency Purplebricks says sellers in the UK may never accept the sale of their property through technology alone.Michael Bruce, in an interview with the Daily Mail, said “Rightmove and Zoopla came into existence. Millions ... more

  • Jan 9th 2017

It's official - letting agents save landlords an average £1,910 per year

A new survey suggests that a letting agent saves a landlord an estimated £1,910 a year.The result of an investigation into 500 landlords by insurance firm Endsleigh suggests that there are widespread misconceptions among landlords about the value for ... more