BREAKING NEWS – top 5 stories 17/05/2021

Estate Agent Networking Breaking News

THREE YEAR INNOVATION PARTNER TIE UP ZOOPLA & LRG

Charlie Bryant, CEO of Zoopla and Peter Kavanagh, CEO of the Leaders Roman Group have announced a three year tie up, where LPG will become the latest Innovation Partner. This symbiotic arrangement will give the LGR a close in to new innovation and a front seat into new ideas.

NEW GOVERNMENT QUANGO THE COMMONHOLD COUNCIL LAUNCHES

With Lord Greenhalgh as Chair, a new body has been set up to look at the need of otherwise of ‘Commonhold’, a concept that has been bandied around for the past twenty years. At present the accepted forms of property provision being Freehold or Leasehold.

SPRIFT DOES DEAL WITH OTM

Now I must declare an interest as I am a Mentor for REACH UK which brings me into contact with Matt Gilpin, the CEO and Founder of Sprift, but SPRIFT’s latest tie in with the third largest portal in the UK is a big win. It will mean that the bearded genius gets to supply market appraisal material to agents, https://sprift.com/ without the usual monthly cost they would incur as a normal client.

e.SURV SAYS HOUSE PRICES SURGED BY 11.7% YEAR ON YEAR TO APRIL 2021

Taken as a national figure, e.SURV has just announced that property has risen by a huge index in the past 12-months despite lockdown, Covid-19, Furlough and WFH. It will be interesting to see what the market will be doing in the next twelve months.

WAITING LISTS – THE NEW REALITY FOR BUYERS

We have heard from various agencies this week, that buyer’s are being put on ‘waiting lists’ as the demand for new inventory to the market shows no sign of abating. One buyer was quoted as saying, ‘I sold my home in a day for £40,000 more than I expected, but in two months I cannot find a house to buy, each time I want to view, I am told it has sold.’

With the SDLT ‘holiday’ ending for house searchers in June will the market cool or continue to get hotter, or will the usual holiday break – late July to September see a different market, we will soon all know.

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

Breaking News

Real-life value of the most famous Christmas film homes

The real-life value of the most famous Christmas film homes, from budget classics to multimillion-pound mansions New research has gathered and analysed the estimated valuations of real homes featured in popular Christmas films, ranking them by cost. The priciest homes are featured in The Holiday, Trading Places, and Home Alone, with Amanda’s home from The…
Read More →
Estate Agent Talk

77% of buyers refuse to buy a flood risk property

Despite 4.7 million English homes facing flood risk New research from Lyons Bowe has revealed that 77% of homebuyers would not consider purchasing a property in a flood risk area, despite more than 4.7 million homes across England currently being deemed at risk of flooding. The findings come as the Government launches a new flood taskforce amid…
Read More →
Letting Agent Talk

Poor Communication becomes Expensive at Scale

The hidden cost of fragmented property management By Adam Hills, Client Services Director, LRG Living Markets A landlord asks for an update on a repair. The property manager asks the contractor, who is waiting for access from the tenant. Meanwhile, the accounts team has received an invoice but cannot tell whether the work is complete.…
Read More →
Estate Agents should not all look the same
Estate Agent Talk

When Estate Agents Decide to Go Solo

Leaving an established estate agency to work independently gives experienced agents more control over fees, client service and working hours. It also brings responsibility for compliance, cash flow and every part of the customer experience. Before handing in your notice, test the idea against realistic sales volumes, local competition and the amount of time you…
Read More →
Estate Agent Talk

What Should Buyers Ask Before Reserving a New Build?

Research from Skipton Building Society has found that 44% of aspiring first time buyers would rather buy a new build than an older property, with just 30% favouring an older build. Modern fittings and appliances were the biggest draw, cited by over half of those who preferred a new build, alongside the promise of lower…
Read More →
Breaking News

The UK cities with the largest property price increases revealed

A new study has unveiled the most challenging UK cities for first-time buyers. Newry leads Northern Ireland’s ranking, with a property price increase of 12.8%, while Hull leads Great Britain’s ranking, recording an increase of 6.6%. The research examined data from HM Land Registry to reveal the cities that have faced the highest property price…
Read More →