Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Purplebricks considers sale as instructions plummet and £20m losses loom
The agency may soon hang its own For Sale board up after instructions took a nosedive and it wrote off a further £1.2 million.
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OTM relief after ‘small number’ of agents sell shares
The portal has lined up founding agents to voice their support after investors sold more than 3 million shares.
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Online lettings firm hits £850,000 crowdfunding target
Lettingaproperty.com has hit its investment target, which includes capital raise from Mercia Asset Management.
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Prime market becoming increasingly mortgage free and ‘cash driven’
Differences between prime and mainstream housing markets are now becoming more stark as those 'with' and 'without' equity diverge economically, says Middleton Advisors.
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Number of instructions surge led by South East sales ‘boom’
There is a big increase in new instructions according to TwentyCi despite reports the housing market is slowing down.
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Letting agency boost as Government issues Right to Rent warning
Landlords who don’t use a letting agent are the least likely to fully understand their legal responsibilities when onboarding new tenants via the Right to Rent scheme, research from the Home Office has revealed.
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Tenant exodus hits London as tenants look for lower rents
New research shows 40% of renters in London who decide to move will leave the capital for other areas.
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BLOG: ‘Why I still back Brexit’ explains leading London agent
Glentree Estates boss Trevor Abrahmsohn shakes his stick at so called remoaners and argues that the perceived lack of Brexit dividends is 'misunderstood'.
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FirstPort parent company makes move into estate agency
French firm Emeria has bought six-branch Chase Buchanan through its UK arm Campions Group, which shares FirstPort as a sister firm.
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Hybrid agency Nested takes aim at rivals with ‘commission war’
Nested has launched a commission war designed to sink rivals Keller Williams and eXp by putting more cash into agents’ pockets.
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