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

Letting Agent Talk

Landlord returns reach almost 7% in some areas

Landlord returns reach almost 7% in strongest rental markets, but protecting those returns is just as important as generating them   The latest analysis by The Letting Partnership has revealed that rental yields are reaching almost 7% in England’s strongest-performing markets, but the firm has warned landlords that generating a healthy return is only half the equation,…
Read More
Letting Agent Talk

Portfolio landlords now control almost half of England’s private rentals

A changing landlord landscape is being shaped by wealth creation, lifestyle flexibility and a more professional approach to property investment. A new generation of investors are entering the market driven by long-term wealth creation, lifestyle flexibility and a more business-minded approach to property ownership, according to John Minnis estate agents. While the latest English Private…
Read More
Rightmove logo
Breaking News

Commuter growth peaks in the north as Manchester and Glasgow lead the way

New analysis from the UK’s largest property platform Rightmove, reveals the commuter hotspots around six major cities where average asking prices are rising the fastest Affordable commuter locations around Glasgow and Manchester lead house price growth Falkirk, Stirlingshire, has the highest price growth at +13.5%, with an average asking price of £183,596 While asking prices…
Read More
Estate Agent Talk

Castles, cottages, vineyards and barn conversions

The latest data from LandSale has revealed what buyers can expect to pay, and how much they can get for their money if they want to escape to the country, with castles, vineyards, barn conversions, and cottages currently offering very different routes to rural living. The analysis draws on LandSale’s internal listing data and examines…
Read More
Breaking News

Poor property maintenance could wipe £59,000 in value

The latest research by property management specialist, Rushbrook, has revealed that landlords who fail to adequately maintain their rental properties could see as much as £30,172 wiped from the value of the average buy-to-let investment across England, with this potential loss climbing to almost £59,000 in London.   Rushbrook analysed landlord-specific property values across each…
Read More
Breaking News

Breaking Property News 20/8/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   Why Angela Rayner Housing Secretary is in the wrong job – again   A smile, bluster and vague soundbites will not solve the UK housing crisis  Thought Leadership by Andrew Stanton – CEO Proptech-PR  ‘I have been involved in the UK property industry since the mid 1980’s…
Read More