Agency
EYE NEWSFLASH: Foxtons revenues fall as Renters’ Rights Act disruption hits lettings business
Renters’ Rights Act costs Foxtons £5.7m as sales revenue drops 10%
Finance
Estate agents brace for fresh mortgage blow as Bank of England rate decision looms
Estate agents face fresh mortgage pressure as the Bank of England prepares its rate decision
Acquisitions
Fast-growing estate agency group secures fresh funding to build on 18 acquisitions
Estate agency group targets more takeovers after completing 18 deals
Agency
Chestertons reverses sales merger after nine years
Chestertons has reopened its dedicated sales operation
Agency
Former John Lewis housing chief launches consultancy after retailer’s property retreat
Former John Lewis Build to Rent boss Katherine Russell has launched a residential consultancy
Lettings
Rents keep climbing – but warning signs emerge for letting agents
UK rents rose in October, but void periods surged as signs emerge of a slowing rental market
Agency
New £29-a-month AI service targets landlords who bypass agents
Agents face new £29-a-month AI challenger
Mortgages
Mortgage shock: Homeowners face £5,000 annual hit as rate fears grow
Homeowners face almost £5,000 more in annual mortgage payments as new figures reveal a surge in borrowers considering tracker and variable rates
Lettings
Rent arrears surge 50% in wake of Renters’ Rights Act
Landlords face growing financial exposure
Transactions
Upfront property information could unlock faster offers, survey suggests
The research suggests buyers want more than simply a faster transaction
Tech
Independent estate agency develops its own AI platform
The agency has built an in-house AI system covering valuations, marketing, business performance and market forecasting
Also in the News
Law
EYE NEWSFLASH: Major development in £1.5bn Rightmove legal battle as Tribunal weighs next move
£1.5bn Rightmove legal battle takes fresh turn as 13,000 agents await crucial ruling
Mortgages
Bank of England considers major mortgage shake-up amid house price warnings
Bank of England considers relaxing mortgage lending rules
Tax
A spiteful attack on business owners – but agents warned against rushing sales
Estate agency owners urged to avoid hasty sales despite fears of higher capital gains tax bills
Prices
House prices set to fall again as Savills downgrades forecast
Savills forecasts another fall in UK house prices in 2027, with recovery delayed until 2028
Mortgages
Mortgage rates hit three-year high ahead of Bank Rate decision
Major lenders slash selected mortgage rates despite three-year high in borrowing costs
People
Comings & Goings
News in brief: Koffman returns to Aston Chase; Knight Frank names senior partners; Strutt & Parker recruits from rivals
Agency
Estate agency expands with sixth branch opening
Independent estate agency continues its expansion with a new high street office and plans to strengthen its local presence
Landlords
Landlord confidence collapses despite 85% turning a profit
Average rental yields have remained relatively stable at 6.4%
Tech
One in three homes listed for sale tracked on Zoopla before hitting market – claim
Zoopla says its homeowner audience has reached 6.4m
Housebuilding
Build to Rent construction plunges 63% as new housing pipeline dries up
UK build-to-rent construction starts have fallen 63% in a year, with regional starts down 78%
Agency
JUST IN: Winkworth legal battle extended as both sides agree to mediation
Winkworth and chairman agree mediation as High Court dispute drags on
Editorial Partner
- InTouch partners with The Search Bureau
- Live, tailored compliance training that changes what people do
- Use of QES at Land Registry has “rocketed” in latest quarter, new data suggests
- Your First Home price caps revealed ranging from £215,000 to £650,000.
- LeO to consult on new strategy as demand for its service outpaces capacity
- Half of local planning authorities fail to discharge planning conditions within timeframe, analysis found
- Profile: Catherine Shiers, customer engagement director at Groundsure
