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

London property values set to fall

The latest market analysis from House Buyer Bureau has found that London is now the only region of Britain where house prices continue to trend downwards, with the average home in the capital forecast to lose almost another £5,000 in value before the end of the year should current market conditions persist. House Buyer Bureau…
Read More
Breaking News

London property values set to fall

The latest market analysis from House Buyer Bureau has found that London is now the only region of Britain where house prices continue to trend downwards, with the average home in the capital forecast to lose almost another £5,000 in value before the end of the year should current market conditions persist. House Buyer Bureau analysed…
Read More
Breaking News

Second-steppers turn to higher LTV mortgages as deposits fall

Barclays mortgage data shows the average value of home movers’ (non-first-time buyers) deposits fell -24.8 per cent year-on-year However, the average purchase price for home movers increased 1.0 per cent year-on-year in June, as borrowers make use of higher loan-to-value mortgage products to climb the ladder 34 per cent of prospective second-steppers say they feel…
Read More
Estate Agent Talk

Conservatories fall out of fashion

Conservatories fall out of fashion as fewer than one in 10 homes boast the former must-have feature   The latest market analysis from eXp UK has revealed that conservatories appear to have fallen out of favour with England’s homeowners, with fewer than one in 10 properties currently listed for sale offering the once-popular home improvement.…
Read More
Breaking News

95% of estate agents say homebuying reforms could speed up property transactions

The latest survey by GetAgent.co.uk has found overwhelming support from estate agents for the Government’s proposed homebuying reforms, with the vast majority believing the changes will create a faster, more stable and more efficient property market. The proposed reforms are designed to modernise the homebuying process by introducing greater upfront information, earlier legal certainty and measures…
Read More
Breaking News

Private rent and house prices, UK: July 2026

1. Main points Average UK monthly private rent increased by 3.3%, to £1,388, in the 12 months to June 2026 (provisional estimate); this annual growth rate remained unchanged from the 12 months to May 2026. Average rents increased to £1,446 (3.4%) in England, £843 (4.9%) in Wales, and £1,012 (1.3%) in Scotland, in the 12 months…
Read More