Breaking News
BREAKING NEWS – top 5 stories 01/03/2021
THREE LEGAL GROUPS HAVE ALTERNATIVE SOLUTION OVER STAMP DUTY An open letter to the Chancellor has been sent in by Beth Rudolf, Director of Delivery, The Conveyancing Association, Mike Ockenden, Head of Secretariat, Society of Licensed Conveyancers and Rob Hailstone, CEO, Bold Legal Group. In it they propose that a hard stop date policy is…
Andrew Stanton
Mortgage guarantee scheme – Rightmove’s latest average 5% deposit and price growth
A mortgage guarantee scheme is set to be announced at the budget for all buyers up to £600,000, we’ve put together the latest figures on asking prices and how many properties could be eligible under the scheme. 86% of properties up for sale have an asking price of £600,000 or less Since the 2013 Help…
Rightmove
BREAKING NEWS – top 5 stories 26/02/2021
BOOMIN STARTS ITS WAR OF WORDS WITH RIGHTMOVE Michael Bruce one of the founders of Boomin has launched a scathing attack on Rightmove, focusing on its strategy of not reinvesting in technology to push the envelope and evolve the portals model, he also drew attention to the upward spike in cost for the agents. Commenting…
Andrew Stanton
Record day as more home-owners plan to sell post-lockdown
Rightmove recorded its busiest ever day on Wednesday 17th February, with visits surpassing the last record set on 8th July last year when the stamp duty holiday was first announced A new record was also set for visits and leads to commercial properties as businesses prepare to reopen once restrictions ease, and searches hit a…
Rightmove
BREAKING NEWS – top 5 stories 25/02/2021
PROPERTYMARK HIRES AN INTERNAL CANDIDATE AS INTERIM CEO Beleaguered Propertymark, who recently ‘lost’ their CEO new hire Tim Balcon, have now turned to one of their own board members Nathan Emerson to act as interim CEO. On the positive Nathan has a distinguished agency background, but it remains to be seen if any changes will…
Andrew Stanton
BREAKING NEWS – top 5 stories 24/02/2021
MARCH BUDGET CAN NOT COME SOON ENOUGH FOR HOUSING MARKET Until Rishi Sunak makes a definitive play on the stamp duty question, nothing is certain, the good thing it is only eight days until certainty washes in. There is now talk of an extension that will mirror the end of pandemic restrictions, a three-month span,…
Andrew Stanton
Rumoured stamp duty extension to end of June – latest estimates
Following the latest rumours that the stamp duty holiday could be extended to the end of June, here is the estimated effect it could have: Rightmove estimates an additional 300,000 property transactions in England could benefit from the tax saving, based on previous HMRC data If an additional 300,000 transactions made it through, buyers could…
Rightmove
BREAKING NEWS – top 5 stories 23/02/2021
CONVEYANCING TASK FORCE COMES INTO BEING Two years in the making the ‘Conveyancing Task Force’ a collaboration of; The Bold Legal Group – Rob Hailstone, The Law Society – David Greene, The Society of Licensed Conveyancers, The Conveyancing Association, CILEx, sees the light of day. Chaired by Simon Law, The driver behind the inniative, chaired…
Andrew Stanton
New and safe homes created in Nottingham for survivors of domestic violence
A social housing provider in Nottingham is supporting women and children who have experienced domestic or sexual abuse or violence to rebuild their lives. Nottingham City Homes Registered Provider (NCHRP) successfully bid for £400,000 of funding from Homes England to acquire and refurbish eight homes, as part of the Government’s Move On fund. When ready,…
EAN Content
BREAKING NEWS – top 5 stories 22/02/2021
GOODLORD GOES ON STRIKE As reported before, a number of employees of the Goodlord, who are also members of the Unite union he gone on a one-day strike. Protesting over the 25% cut in their wages, down from £24,000 to £18,000. The dispute hinges on the fact that due to the pandemic Goodlord do not…
Andrew Stanton
BREAKING NEWS – top 5 stories 19/02/2021
GARY BARKER BECOMES GCTO OF CONNELLS (COUNTRYWIDE) Gary Barker who I am lucky enough to know has been revealed as the Group Chief Technology Officer of Connells, which having acquired Countrywide will mean he will have a large job on his hands. That said he exactly the right man to do that job. I had…
Andrew Stanton
BREAKING NEWS THURSDAY 18/02/2021
There are a number of stories today but given the number of people exiting NAEA Propertymark in the last eight months, with no explanation – we are running only one item today. NAEA PROPERTYMARK DOES THIS OLD BOYS CLUB NEEDS TO GO? According to a poll conducted, 30% believe that the NAEA Propertymark brand…
Andrew Stanton
BREAKING NEWS – top 5 stories 17/02/2021
NAEA PROPERTYMARK NEW CEO TIM BALCON DEPARTS Following the shock resignation of the NAEA Propertymark president Kirsty Finney days ago the newly installed CEO Tim Balcon has fallen on his sword and left the Propertymark building. I personally have had over 40 agents contact me asking what is really going on, and if anyone has…
Andrew Stanton
BREAKING NEWS – top 5 stories 16/02/2021
NAEA PROPERTYMARK THE MYSTERY DEEPENS Following the resignation of the NAEA Propertymark president Kirsty Finney who was six months in to her yearlong presidency, Propertymark are now being very tight lipped about what has happened. What is clear is something internally in Propertymark is possibly causing many to leave. In July 2020, David Cox Chief…
Andrew Stanton
Rumoured six week stamp duty holiday extension could save buyers up to £1 billion
Rightmove estimates that if the rumour the government may extend the stamp duty holiday deadline by six weeks came true it would mean between 120,000 and 160,000 additional property transactions in England could benefit from the tax saving. If 160,000 transactions made it through, buyers could save a huge £1 billion in total. The projection…
Rightmove