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

small house bird box
Breaking News

UK First Time Buyers better off than many other global nations

Is it really that bad being a first-time buyer? UK better off than many other global nations when it comes to affordability The latest market analysis from Yopa, the full-service estate agents, reveals that first-time buyers (FTBs) in the UK may be paying 63% more to get a foot on the property ladder than they…
Read More
new build homes colchester essex
Breaking News

Building Safety Regulator Reform

The Government has announced reforms to the Building Safety Regulator, including leadership, process and investment. The changes are hoped to deliver 1.5 million homes. The reforms pave the way for creation of a single construction safety regulator, as recommended by the Grenfell Tower enquiry. David Smith, property litigation partner at London law firm Spector Constant…
Read More
Breaking News

New anti-money laundering rules now in effect: what landlords need to know

New anti-money laundering (AML) rules came into effect this month, marking a significant change for landlords and the lettings industry as a whole. The new rules mean financial sanctions checks are now required for all lettings, regardless of how much rent is charged. Here, Steve Bond, managing director of residential lettings for Beresfords, explains what…
Read More
Breaking News

What landlords need to know about the upcoming Renters Rights Bill

The government’s long-awaited Renters Rights Bill is one of the most significant overhauls of the private rental sector in decades. While it has not yet received royal assent, the legislation is expected to come into effect late this year, or early in 2026. With the bill moving closer to becoming law, Steven Bond, managing director…
Read More
Breaking News

Mortgage approvals bounce back in May

The latest figures show that: – Mortgage approvals on house purchases for May sat at 63,032 up 3.9% from 60,656 in April. The monthly increase seen in May marks the end of four months of previous decline, with approval levels having fallen each month since January of this year. Approvals are also 2.5% higher than…
Read More
Breaking News

Money and Credit – May 2025

Key points: Net borrowing of mortgage debt by individuals increased by £2.8 billion to £2.1 billion in May, following a large decrease in net borrowing of £13.8 billion to -£0.8 billion in April. Net mortgage approvals for house purchases increased by 2,400 to 63,000 in May. Approvals for remortgaging also increased by 6,200 to 41,500…
Read More