The housing market’s recovery will be threatened with drastic consequences for buyers and sellers if the stamp duty holiday isn’t extended beyond March 31 next year. That’s the warning from Mark Hayward, chief executive of NAEA Propertymark. “This boom has been hugely beneficial for the housing market; however, with a stamp… Read More »Drastic consequences if stamp duty holiday ends in March – agents’ chief
A London agency says it’s discovered the five key priorities that buyers want, following a survey of its own database. “Lockdown and the continued challenges presented by the global pandemic have undoubtedly changed the way homebuyers think and act. We are noticing some quite significant shifts in mindset when it… Read More »What do London buyers want? Agency says it has the answers
I had a wry smile when I read the article on Monday from the conveyancers complaining about people getting off their backs. It was quite fun. The comments were also interesting. There is a serious disconnect between both sides and it is not going to resolve itself. Each side is blaming each… Read More »PropTech Today: ‘Don’t blame us, we are not the problem – you are’
Delays across the house buying sector mean those wanting to benefit from the stamp duty holiday need to begin the buying and selling process by November 1. That’s the advice of the Legal & General Mortgage Club, which has tracked delays occurring because of the high transaction volumes in recent months. L&GMC… Read More »Only 10 days left to beat stamp duty holiday deadline – claim
Agents in some parts of the country may be able to make use of data from utilities comparison service uSwitch, which has drawn up working-from-home information for buyers. Its remote working index taps into the trend of some people seeking to move from major cities to other locations where they… Read More »Working From Home – what buyers want, and where they want to be
Agents Together, the wellbeing and mentorship service which came into existence earlier this year, is launching what it calls a Redundancy Bounce Back Series. This is a month-long virtual event aimed at supporting agents worried about losing their jobs or already redundant. “We know that estate agency and the property… Read More »Industry Redundancies: Agents Together launches support programme
A Bank of England survey suggests it may be more difficult for prospective buyers to get a mortgage later this year. In the BoE’s latest quarterly Credit Conditions Survey, lenders reported that credit to households – including mortgages – increased slightly in the three months to the end of August. Much… Read More »There may be trouble ahead…Mortgage lending to get tougher
An estate agency in Lancashire has been taken over by a hotel group, which pledges to expand and create more jobs. Mikhail Hotel and Leisure Group is to takeover David Davies estate and letting agents in St Helens. The firm plans to make its new acquisition one of the largest… Read More »Agency bought by hotel group pledging jobs growth
A new portal-style PropTech product has launched and wants to recruit estate agents to its fold – despite describing the way agents work now as “outdated.” Vyomm is a portal that currently operates as a showcase for a small number of high-end homes on sale or to let but ultimately… Read More »New “sellers portal” pledges to improve on Rightmove and Zoopla
An estate agency in the south of England has abandoned its online-only strategy and has decided to open a physical office in a local High Street. Open House Brighton Coast, which has been operating for five years, has stepped out of the virtual world because of what it calls “growing… Read More »Agency abandons online-only strategy by opening High St office