BREAKING NEWS – top 5 stories 24/05/2021

May 24, 2021
Estate Agent Networking Breaking News

LANDLORDS RE-INVEST IN THEIR PROPERTY PORTFOLIO

According to a recent survey it has been found that over three quarters of landlords put some of their cash from letting their properties back into the property asset each year. The typical spend per landlord being in excess of £8,000 per year.

INSTRUCTION LEVELS FOR AGENTS IS WORST IN LIVING MEMORY

At least one large Independent agent has reported that in the first three months of 2021, the amount of new housing stock listed was down by 45% on the same period last year. And that period was before lockdown took effect.

The agent said that although he had been selling record amounts of properties in 2020, with little stock now coming on in 2021, the outlook in five months when fresh sales would normally be completing, generating cash for the company, meant he would have only an average year in 2021.

CANOPY LETTINGS REFERENCER TIES UP WITH OTM

Canopy a lettings platform to help the tenant with tools like ‘RentPassport’ has tied up a 12-month deal with property portal OnTheMarket in a strategic partnership.

BOOMIN SETS UP A STRATEGIC BOARD TO SCOPE AGENT & CONSUMER NEEDS

Sarah Edmundson is to chair a board with amongst others Kenny Bruce, with the objective of listening to and empowering agents and better understanding the UX of the end consumer.

SHARP DECLINE IN COMPLETIONS BY OVER 30% ACCORDING TO LAND REGISTRY

The amount of completed sales in April 2021 well over 30% less than the amount of completed sales in March 2021, according to the latest HMLR figures, does that mean we are about to see the property bubble bursting?

With the SDLT ‘holiday’ due to end at the end of next month, will spiralling house prices and large volumes of sales give way to a more ‘normal’ housing marketplace?

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

Estate Agents should not all look the same
Estate Agent Talk

Building Trust, One Step at a Time

The latest Ipsos Veracity Index reveals that trust in estate agents has reached its all-time-high since they were first included in the survey, with 37% of the public expressing confidence in 2024 compared to just 28% the previous year. But there’s still more to be done to keep on the upward trend according to property…
Read More →
Breaking News

Breaking Property News 11/08/25

Daily bite-sized proptech and property news in partnership with Proptech-X. 10 critical fixes for Estate Agent websites How AI search is reshaping the Web With ChatGPT, Gemini and XAI now answering property questions that once went straight to Google, estate agents face a new digital battleground. AI search is reshaping how buyers, sellers, landlords and tenants…
Read More →
How to add value to your home
Estate Agent Talk

Investing in Property: A Smart Move for Long-Term Financial Growth

In a world of fluctuating markets and uncertain economic trends, property investment remains one of the most stable and reliable ways to build long-term wealth. Whether you’re purchasing your first home, a rental unit, or commercial space, real estate continues to offer numerous advantages that set it apart from other types of investments. This article…
Read More →
How to help out hoarders
Estate Agent Talk

Neighbourly nightmares: One in three Brits face next-door disputes

New research from Rightmove reveals that over a third of Brits (36%) admit to having had an argument with their neighbour Top annoyances are noisy neighbours (78%), parking spot poachers (71%) and curtain twitchers (70%) Neighbour behaviours deemed the biggest red flags are asking for your Wi-Fi password (87%) and letting bins overflow (71%)  …
Read More →
Breaking News

Breaking Property News 07/08/25

Daily bite-sized proptech and property news in partnership with Proptech-X. Interest rates cut to 4%, inflation expected to rise to the same figure The Bank of Engaland after two ballots approve 0.25% cut in rate to 4%, but inflation is double target figure In what is the fourth rate cut since Labour came into power…
Read More →
Breaking News

1 in 5 private rented homes could be illegal

More than one in five private rented homes in England currently fail to meet the Decent Homes Standard (DHS). Analysis from Inventory Base suggests that these properties would be illegal to rent should the proposed extension of the DHS within the Renter’s Rights Bill (RRB) pass into law. The DHS is a government-issued minimum standard…
Read More →