BREAKING NEWS – top 5 stories 13/05/2021

Estate Agent Networking Breaking News

THE OPEN PARTNERSHIP £19BN OF MORTGAGES LAST YEAR, ALREADY £5.7BN IN Q1 2021

Staggeringly, TOP did nearly £6BN of mortgages from January to March this year, which is a standout record. The big question is will the bubble burst as we see a tailing off of activity in the housing sector? Obviously re-mortgage business will be extremely healthy, but with Furlough likely to be over in September, and the SDLT holiday fully over, will the tail end of 2021 be quite such a rosy tale?

BAILIFF EVICTIONS FOR TENANTS GIVEN TENTATIVE SANCTION TO MOVE FORWARD SOON

There is to be a stepped strategy to deal with over a year’s worth of activity through the courts with regard to tenancy evictions.

Christopher Pincher Housing Minister, has pushed through inniatives that will see evictions re-commence in a little over three-weeks. This measure will dovetail with new measures reducing eviction periods that landlords need to give by two months to only four-months.

And Section 21 notices will fall inside the parameters of this new strategy, which many Landlord’s and other bodies had felt would not be the case.

NO RENTERS REFORM BILL IN QUEENS SPEECH – WILL A WHITEPAPER HAVE TO DO?

Despite huge pressure being applied the long trailed ‘RRB’ missed the cut on the recent menu of new legislation that will be coming before the house. There will though be consultation. Think pickings for all of those pundits who had predicted a different outcome.

NEW NON-EXC CHAIR TO BE INSTALLED AT REDROW IN SEPTEMBER

It has just been announced that Richard Akers will now be the new non-executive Chair of Redrow taking up the position at the start of Q3 2021.

AND STILL THE SHORTGAGE OF NEW INVENTORY TO MARKET CONTINUES

‘If we had them, we could sell them’, a direct quote from a large independent agent. The market may well be buoyant but with a distinct lack of stock coming onto agent’s books there could be real problems in the months to come as completions may be thinner on the ground than many would want.

Andrew Stanton

CEO & Founder Proptech-PR. Proptech Real Estate Influencer, Executive Editor of Estate Agent Networking. Leading PR consultancy in Proptech & Real Estate.

You May Also Enjoy

Home and Living

High Quality Modular Homes for the UK

Are you looking for added accommodation space in your garden / on your land? Modular Living Homes by tutumHOUSE offer a new way to live – minimalist in form, rich in experience. “There are approximately 9.6 million homes in the UK with a garden shed, and around 52% of the population owns one.” asgardsss There…
Read More
Estate Agent Talk

The most stressful places to move to in the UK

With more people in the UK moving homes during summer than any other season and the average cost of moving in the UK rising to over £14,000, picking the right place to move to has become more crucial than ever. Luckily, new research from Pay Less for Storage reveals the UK cities that make life easiest…
Read More
Estate Agent Talk

Time-Traveling Estate Agent Sequel Climbs Amazon Charts

A UK Estate Agent Currently Bringing Joy to People’s Lives – Shame He’s Fictional…   Eric Meek, the fictional estate agent created by author Dale Bradford, is back for a second outing in The Time‑Travelling Estate Agent 2, a sequel that is already climbing Amazon’s bestselling time‑travel rankings. Estate agents were recently highlighted as the third…
Read More
Estate Agent Talk

Is it finally time for lenders to back green homes?

Andrew Smith weighs the risks and rewards Property developers are increasingly pitching green homes to lenders; however, with sales cycles slowing down and repair costs rising, is now the right time to back sustainable builds and at what price point is there market demand? Sustainability is continuing to shape our future of construction with the…
Read More
Breaking News

Breaking Property News 24/07/25

Daily bite-sized proptech and property news in partnership with Proptech-X.   OpticWise – digital infrastructure in commercial real estate If your building were a product, how would it perform on the user experience scale?  Week 9: Experience as Infrastructure – Designing for Human-Centric Buildings Welcome to Week 9 of our 52-week journey into the future…
Read More
new build homes colchester essex
Breaking News

UK Housebuilding Falters as Construction Hiring Flatlines

New research from Inventory Base reveals that UK construction industry employment has increased by almost 11% in the past five years, but there has been less than 1% growth in the past 12 months. Inventory Base’s analysis of the UK construction industry shows that in 2024 (latest data available) it employed an estimated total of…
Read More