Breaking News
BREAKING PROPERTY NEWS – 02/11/2021
Daily bite-sized proptech and property news in partnership with Proptech-X. RICS swiftly appoints new chair following recent scandal London rents bounce back in the private rented sector Knight Frank posts record pre-tax profit RICS swiftly appoints new chair following recent scandal Mike Driver has been announced as the new Chair for the Royal…
Andrew Stanton
Smaller sales pipeline speeds up home-moves by almost a month
The conveyancing log-jam is starting to ease, with the average time from a sale being agreed until a purchase completes dropping from an average of 154 days in July to 127 days in October Number of homes currently going through the legal process is 550,000, a more manageable number for conveyancers than the record 700,000…
Rightmove
BREAKING PROPERTY NEWS – 01/11/2021
Daily bite-sized proptech and property news in partnership with Proptech-X. Propertymark September housing report suggests house prices stabilising Autumn rental reform white paper delayed Will interest rates rise on 4th November? Propertymark September housing report suggests house prices stabilising In its latest report, Propertymark has stated that the mood has cooled and properties…
Andrew Stanton
WEEKLY NEWS ROUNDUP – 29/10/2021
A roundup of the week’s top property and proptech news stories in partnership with Proptech-X Halifax now lends at 5.5x income to borrowers with 25% deposit GCD Technologies to acquire propertynews.com Zoopla announces strongest housing market for 14 years What has Sunak’s Autumn budget done for property? Halifax now lends at 5.5x income to…
Andrew Stanton
BREAKING PROPERTY NEWS – 28/10/2021
Daily bite-sized proptech and property news in partnership with Proptech-X. What has Sunak’s Autumn budget done for property? An interesting budget speech covered all the hot topics in property, but it was not a very joined-up strategy. On the one hand, Chancellor Rishi Sunak could be seen as caring, by imposing a 4% levy…
Andrew Stanton
BREAKING PROPERTY NEWS – 27/10/2021
Daily bite-sized proptech and property news in partnership with Proptech-X. New analysis shows online agents are on the ropes TwentyCi, a provider of customer intelligence and consumer data, has shown that non-traditional agents – online and hybrid agents, typically with no physical office – now account for 8.3% of the housing market. Stripping out…
Andrew Stanton
BREAKING PROPERTY NEWS – 26/10/2021
Daily bite-sized proptech and real estate news in partnership with Proptech-X. Today, Stanton looks at DLUHC Support, GCD acquires propertynews.com The devil is in the detail for proposed £65m lettings industry support The now-notorious Department for Levelling Up, Housing and Communities has earmarked £65 million to help defuse the pressure cooker that is landlords and…
EAN Breaking News
BREAKING PROPERTY NEWS – 25/10/2021
Daily bite-sized proptech and real estate news in partnership with Proptech-X. Today, Stanton looks at the MyIdentity trust scheme and Halifax’s new mortgage rates Digital companies back MyIdentity trust scheme Five identity service providers and one hub service have committed to the new MyIdentity trust scheme to make home buying and selling in the…
Andrew Stanton
Green upgrades help sellers pocket up to 16% more for their home
Homeowners making energy efficiency improvements before selling are banking as much as 16% extra on average, compared to those who haven’t made any improvements The unique study found that upgrading from an F to a C EPC rating adds an additional 16% on average to the sold price of a property, while moving from an…
Rightmove
House rents increasing by 5% a year – the highest rate since 2008
Zoopla’s most recent UK Rental Marker Report indicates that the UK rental sector excluding London is experiencing a surge in demand, with average monthly rent now sitting at £943. Annual rental growth is at 5%, its highest level since 2008. The rise is believed to be the result of people returning to work in towns…
EAN Breaking News
WEEKLY NEWS ROUNDUP – 22/10/2021
A roundup of the week’s top property and proptech news stories in partnership with Proptech-X OnTheMarket CEO Jason Tebb leads profitability charge Rightmove reports bumper housing market, but for how long? What does the new metaverse mean for real estate? Millions in back payment may be due to workers. Is it the end for online…
Andrew Stanton
BREAKING PROPERTY NEWS – 21/10/2021
Daily bite-sized proptech and real estate news in partnership with Proptech-X. Today, Stanton looks at the class action case against online estate agents and the UK House Price Index Millions in back payment may be due to workers. Is it the end for online agents? There has been much written over the years about…
Andrew Stanton
BREAKING PROPERTY NEWS – 20/10/2021
Daily bite-sized proptech and real estate news in partnership with Proptech-X. Today, Stanton looks at the metaverse and its practical uses in real estate, and Boris Johnson’s gas boiler ban What does the new metaverse mean for real estate? Increasingly the word metaverse is entering our daily vernacular. The term refers to the notion…
Andrew Stanton
BREAKING PROPERTY NEWS – 19/10/2021
Daily bite-sized proptech and real estate news in partnership with Proptech-X. Today, Stanton looks at the Bank of England interest rate, the post-budget housing market, and Rightmove’s October House Price Index. Interest rate rise forecast before Christmas Will Andrew Bailey, the Governor of the Bank of England raise its lending rate from 0.1%? The…
Andrew Stanton
BREAKING PROPERTY NEWS – 18/10/2021
Daily bite-sized proptech and real estate news in partnership with Proptech-X. Today, Stanton looks at The Society of Licensed Conveyancers’ open letter to the Secretary of State for Housing, and Jason Tebb’s successes at OnTheMarket. Society of Licensed Conveyancers says 500,000 homes are potential death traps On the 14th of October, The Society of…
Andrew Stanton