BREAKING NEWS – top 5 stories 29/06/2021
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.
If you have a view – please let us all know by emailing me at [email protected] – Andrew Stanton Executive Editor – moving property and proptech forward.