Breaking News
BREAKING NEWS – 11/06/2021
ONE OF THE BUSIEST SALES MARKETS IN HISTORY “No one would have predicted that 2021 to date, would be one of the busiest sales markets in history, with properties flying off our agents’ books,” says Iain McKenzie, CEO of The Guild of Property Professionals. “Life is once again starting to resemble some sort of normality…
Andrew Stanton
BREAKING NEWS – top 5 stories 10/06/2021
YOTI HOSTS FREE LIVE -‘TECHNOLOGY TRENDS AND STRATEGY’ – WEBINAR – 8th JULY 2021 For anyone interested and those who are not, digital transformation abounds in real estate. On the 8th of July, YOTI who are ahead of the curve with regard to providing a digital unified truth around the identity of a person, the…
Andrew Stanton
BREAKING NEWS – top 5 stories 09/06/2021
COMPLETIONS UP BY 25% IN FIRST THREE MONTHS OF 2021 The results are in and according to HMLR completions are up by nearly a quarter to over 240,000 in Q1, as opposed to only 190,000 plus completions in Q4 2020. Obviously, there is a lag here between fresh sales agreed and exchange and completion, so…
Andrew Stanton
Biggest sales pipeline in a decade & buyers undeterred by stamp duty holiday ending
More than 700,000 homes are marked Sold Subject to Contract and going through the sales process, the highest number Rightmove has recorded over the past ten years and 78% higher than in May 2019 New research among buyers expecting to benefit from the stamp duty holiday has found only 4% would abandon their plans to…
Rightmove
BREAKING NEWS – top 5 stories 08/06/2021
ONLY 17-WORKING DAYS TO COMPLETE TO BEAT PAYING EXTRA SDLT There are, for a large amount of people who have not yet exchanged, and only 17-working days to get to exchange and completion in time to embrace the Chancellors’ SDLT holiday. With tens of thousands of sales still not over the line, it is going…
Andrew Stanton
BREAKING NEWS – top 5 stories 07/06/2021
JASON TEBB – BREATHES NEW LIFE INTO ‘ON THE MARKET’ – AND IN RECORD TIME It is pretty rare that I actually praise anyone, mostly because I do not court fame or favour – I just say it as it is, but Jason Tebb CEO of OnTheMarket impresses me. He inherited a poisoned chalice, a…
Andrew Stanton
Housing Secretary Robert Jenrick MP & further Travel Restrictions
MP Robert Jenrick, in charge of housing for the UK, appeared on Julia Hartley-Brewer slot on talkRADIO and was very much supporting further travel restrictions. There was some tiny mention of housing too… Julia Hartley-Brewer, a well respected and direct presenter, threw to the point questions at Mr Jenrick with the theme mostly on the…
EAN Breaking News
BREAKING NEWS – top 5 stories 04/06/2021
ONE IN TEN IN ESTATE AGENCY INDUSTRY STILL ON FURLOUGH According to analysis released today almost 20,000 of estate agency personnel are still on some form of Furlough so about 10% of the total central core property professionals. This may seem stunning as of course the residential market has been turbo charged. WillNEE SOCIAL INFLUENCER…
Andrew Stanton
BREAKING NEWS – top 5 stories 28/05/2021
POSSIBLY AS MUCH AS 7% OF PRS TENANTS UNABLE TO PAY THE RENT Although it remains to be seen as the evictions ban is still in force until Tuesday, a recent analysis has suggested that as many as 7% of those in the private rental sector of housing can not pay all or part of…
Andrew Stanton
BREAKING NEWS – top 5 stories 27/05/2021
BARRATT DEVELOPMENTS IN HUGE FLAT BUY BACK DEAL A development of nearly 100 units that had all been sold by Barratt developments, have now all been bought back from the leaseholders, due to large scale problems with the construction of the build. The problems with the building came to light as part of the nationwide…
Andrew Stanton
BREAKING NEWS – top 5 stories 26/05/2021
WHY ARE PROPERTY PORTALS SUDDENLY BECOMING PROPTECH INNOVATORS? Since early 2017 I have been a great advocate of Proptech, having formally been an analogue agent for the previous three decades, I went on to be a Proptech Influencer and analyst, then setting up Proptech-PR. Since then I have met and listened to over 370 Proptech…
Andrew Stanton
BREAKING NEWS – top 5 stories 25/05/2021
FIXFLO EXIT TO AAEON AG AFTER A DECADE BUILDING THE BUSINESS Most Proptech enterprises have two exit strategies the IPO route, becoming a listed company and floating or being bought up by a company with deep pockets, usually so the company can further develop the business, usually retaining the team in place. Rajeev Nayyar &…
Andrew Stanton
BREAKING NEWS – top 5 stories 24/05/2021
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…
Andrew Stanton
BREAKING NEWS – top 5 stories 21/05/2021
GETAGENT OMITS PURPLEBRICKS FROM ITS AGENCY LEAGUE TABLES – AS NOT PROPER AGENT GetAgent founder and CEO Colby Short has gone on record that he feels that online agents are not proper agents, and he recently has produced league tables that omit their existence. I am surprised as Purplebricks in 2018, 2019 (and for most of…
Andrew Stanton
First-time buyer demand and stalled price growth help city centres bounce back
City centre locations and flats are staging a comeback in the housing market, with the easing of restrictions and the 95% mortgage guarantee scheme in particular helping drive demand: Flats have seen the biggest jump in buyer demand since January, up by 39% Buyer demand in city centres is up by 35% compared to a…
Rightmove