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

Beach hut values fall for second consecutive year

The latest research from Yopa has found that beach hut prices have fallen for the second consecutive year across the UK’s most sought-after coastal locations, as the extraordinary growth seen in the years immediately following the pandemic continues to unwind. Yopa analysed the average asking price of beach huts across eight of the UK’s most…
Read More
Breaking News

Burnham’s property and land tax: what would it mean for property owners?

With reports suggesting that property and land taxes could be on the cards under Burnham,  Simon Gerrard, Chairman of Martyn Gerrard Estate Agents, comments on what these proposals could mean for homeowners, particularly those in London who are likely to bear the brunt of any changes, given the capital’s significantly higher property values.   On uncertainty:…
Read More
Property for sale
Breaking News

Homebuyers can save up to 47% by looking next door to the UK’s priciest postcodes

New research reveals how much less buyers could pay in postcodes neighbouring the UK’s most expensive locations Homes in these neighbouring areas are 28% cheaper on average, with the biggest gap reaching 47% in the North East Significant savings also seen in London, Scotland, Wales and Northern Ireland   Homebuyers could save up to 47%…
Read More
Finance

Your First-Time Buyer Mortgage Journey

Introduction Buying your first home is one of the biggest financial decisions you’ll ever make, and the mortgage process can feel like a maze of unfamiliar terms, forms and waiting. The good news is that mortgages for first-time buyers follow broadly the same path, and once you understand the stages involved, the process becomes far…
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…
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