BREAKING NEWS – top 5 stories 29/06/2021

Estate Agent Networking Breaking News

DOORSTEPS – AKSHAY RUPARELLA CEO RESIGNS FROM ONLINE AGENT

Is the online agent party over – Akshay Ruparella has been shown the door.

HOUSING MARKET OVERHEATS WITH 13% PLUS ANNUAL PRICE INCREASE

They say the property market goes from boom to bust, let us hope this is not the case. Nationwide has just produced figures suggesting that in the last year property prices have risen by 13.4%.

As an estate agent who knew the 1988 boom, where nearly two million people bought a property in one year, double the usual amount, it worries me there then followed four years of the most difficult market that I had for the next 30-years.

PROPERTYMARK STRENGTHENS ITS BOARD ROOM TEAM

It looks like Propertymark are making all the right moves with the appointment of two key non -executive directors, Paul Helmsley, and Karen MacArthur. Who will be adding their insight and experience. This will help the new CEO Nathan Emerson as he brings his vision alive.

HUGE UPTICK AS MORE TENANTS REGISTER FOR A NEW PROPERTY TO RENT

According to the most recent data, by ARLA, the average number of new tenants registering their needs to rent a property surged by 12%, if this continues May 2021 could show as much as a 30% increase on May 2020.

WRONG TYPE OF GREEN TENANT GROWS A BIG PROBLEM FOR LETTING AGENT

Anisi Hamollari was sentenced to 18-months in prison for growing cannabis in a rented property in Exeter, whilst it is sadly not unusual that this type of crime happens, causing many questions to be asked.

One feature of the trail was the fact that Anisi tried to bribe the upstanding letting agent to overlook the canopy of green foliage, stashed in the residence.

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

Bailey applies the brakes but ‘two more 2026 cuts priced in’

Vote to hold rates ‘closer than expected’ as Bank of England eyes April for 2% inflation target Focus turns to US and Japan in impact they play on shape of global investment flows says Rathbones’ Head of Market Analysis Kirsten Pettigrew, Senior Financial Planner, warns of making financial decisions based on speculation around rate trajectories…
Read More
bank of england interest rate
Breaking News

Bank of England to hold interest rates at 3.75%

Following the Bank of England’s decision to hold interest rates at 3.75%, here are some thoughts from the Industry. Matt Smith, Rightmove’s mortgages expert says: “Today’s Bank Rate hold was widely expected given underlying inflation and wage growth data, and it’s currently likely we’ll see the next Bank Rate cut in June. Average mortgage rates…
Read More
Breaking News

Building Safety Approval Process Urgently Needs Fixing

Bradley Lay, a Leading Construction M&A Expert Calls on Government to Urgently Fix Building Safety Approval Process as Insolvencies Surge A leading UK construction expert has called on the Government to urgently reassess the Building Safety Regulator (BSR) approval process, warning that delays in the current system are “slowly killing the economy”, triggering thousands of…
Read More
Breaking News

Kickstarting Private Housebuilding is Key to Sector-Wide Recovery

Starts on-site decline by 9% during the three months to January 2026, remaining 16% below 2025 levels Residential construction starts fell by 24% on the preceding three months and 32% against 2025 figures Non-residential project-starts increased by 6% against the preceding three months, finishing 7% up on a year ago Civils work starting on-site remained…
Read More
Social Housing 2019
Estate Agent Talk

Building the Wrong Homes Won’t Fix Homeownership

For many years, the national discussion about affordable housing has focused on one appealing idea that simply building more houses will make it easier for first-time buyers to own a home, and the issue will fix itself. However, Propertymark’s member agents, working daily in local housing markets across the UK, see a far more complex…
Read More
Estate Agent Talk

Compliance uncertainty leaves lift fire safety exposed in property sector

As the FM industry continues to adjust to an evolving regulatory landscape, new research indicates that widespread uncertainty and fragmented record-keeping could be undermining lift fire safety compliance, weakening building fire strategies. Last month, the Building Safety Regulator (BSR) became a standalone public body, separating from the Health and Safety Executive to provide a more…
Read More