Breaking News
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
BREAKING NEWS – top 5 stories 20/05/2021
3% OF HOUSEHOLDS OWN A SECOND PROPERTY IN THE UK According to the most recent figures issued by the government, up to just over a year ago nearly 2.4M property owners had at least one other home. A large swathe of these were rented out, but interestingly enough over 770,000 homes were not. Given the…
Andrew Stanton
BREAKING NEWS – top 5 stories 19/05/2021
WILL INDIAN VARIANT COOL HOUSING MARKET IN COMING MONTHS? It has been disclosed that the government is making contingency plans should the Indian Variant of Covid-19 leads to another lockdown, be it a national one or a more localised approach. Clearly it is a wait and see approach at present, but mixed messages are now…
Andrew Stanton
BREAKING NEWS – top 5 stories 18/05/2021
TELEGRAPH RUNS CRYOTO CURRENCY TALE OF WOE FOR WOULD BE £1M HOME BUYER A recent article in the Daily Telegraph tells of how a buyer wished to use the profit from their cryptocurrency holdings to buy a prime property, but the solicitor’s and also lenders are wary of large sums that are not easily traced…
Andrew Stanton
BREAKING NEWS – top 5 stories 17/05/2021
THREE YEAR INNOVATION PARTNER TIE UP ZOOPLA & LRG Charlie Bryant, CEO of Zoopla and Peter Kavanagh, CEO of the Leaders Roman Group have announced a three year tie up, where LPG will become the latest Innovation Partner. This symbiotic arrangement will give the LGR a close in to new innovation and a front seat…
Andrew Stanton
New price record as Wales and the north lead the way and London stands still
New records continue to be set as the average price of property coming to market this month jumps by 1.8% (+£5,767), to a third of a million pounds (£333,564) Average London house prices are 2.9 times higher than prices in the northern areas of Great Britain, and although still large this is the smallest ratio…
Rightmove
BREAKING NEWS – top 5 stories 14/05/2021
ALPHALETZ WINS ‘BEST GLOBAL-BASED PROPERTY MANAGEMENT PLATFORM 2021 Building on the success of their initial launch, Alphaletz has further enhanced their product offering, and are today announcing the launch of their new mobile and online app in conjunction with the award for ‘Best Global Cloud-Based Property Management Platform of 2021’ The award has been won…
Andrew Stanton
Portugal enquiries surge as buyers make plans to travel overseas
The news that Portugal is on the green list of countries for travel from 17th May has led to a jump of 93% in the number of home-hunters contacting estate agents about properties for sale in the country The most popular resorts are in the Algarve, with the top destination being Albufeira where the average…
Rightmove
Didsbury named most sought after place to buy a home in Great Britain
New data reveals the Manchester suburb of Didsbury is the most popular area for buyers actively looking for their next home, while neighbouring suburb of Chorlton-cum-Hardy also makes the top ten Walthamstow in London takes the second spot, and in third place is the Wirral in Merseyside There are now over 2.7 million people signed…
Rightmove
BREAKING NEWS – top 5 stories 13/05/2021
THE OPEN PARTNERSHIP £19BN OF MORTGAGES LAST YEAR, ALREADY £5.7BN IN Q1 2021 Staggeringly, TOP did nearly £6BN of mortgages from January to March this year, which is a standout record. The big question is will the bubble burst as we see a tailing off of activity in the housing sector? Obviously re-mortgage business will…
Andrew Stanton
BREAKING NEWS – top 5 stories 12/05/2021
QUEENS SPEECH HAS NEW PLANNING BILL AT ITS HEART Following yesterday’s Queens speech, a bill likely this autumn will look at ending section 106 agreements, utilise a coding system, with councils having to zone land as renewal, protection, or growth, with growth meaning that ‘automatic’ outline planning would be implicit. Clearly this is going to…
Andrew Stanton