Homes Under The Hammer – good times are here for auctions

There appears to be more evidence that these are good times for auctions.

Network Auctions says it’s witnessed a sales surge, with 2024 proving to be a much busier year for them.  

The auctioneers achieved £5.4 million worth of sales in their most recent sale 

They have listed 49 per cent more…

New Rental Crisis – big rise in countryside lets as rural house prices soar

England’s county councils want the next government to set out a long-term plan for housing, as a new report claims there’s been a dramatic rise in rural renting over the last decade.

The research from the County Councils Network shows that the number of households in private and social rent has…

Boutique agency snaps up rivals and has cash to buy more

A boutique agency with branches in prime central and south west London has expanded its lettings operation by acquiring two agencies and their managed portfolios. 

Wilfords has acquired Cameron Pearson, based in South Kensington, and Draper Estate Agents in Notting Hill. 

In addition to its sales business, Wilfords works with long and…

Material Information – new digital tool aims to help letting agents

The Open Property Data Association has released a new version of its property data standards framework to help letting agents comply with new guidance. 

OPDA’s latest version provides tools to simplify agents’ compliance processes with the National Trading Standards Material Information for Lettings guidance. OPDA members have worked with several existing…

OnTheMarket hits record high advertising totals

OnTheMarket continues on its path to try to become the number one property portal, with a boast that it has a record high advertising figure.

The portal now has in excess of 15,000 advertisers on its books, which includes both agents and developments, exceeding its previous high of 13,867 recorded back…

Local Housing Allowance – momentum grows for annual increase

Propertymark is joining a growing chorus demanding an annual uprate of working age benefits and Local Housing Allowance.

LHA rates have been frozen since April 2020. The Institute for Fiscal Studies has noted that since then, the proportion of new private rental properties listed on Zoopla affordable for those in receipt…

Gove accused of dragging his feet over agent regulation

The all-party House of Lords Industry and Regulators Committee has urged the government to get on with establishing a regulator of property agents, four years after it committed to doing so.

In a letter to Housing Secretary Michael Gove this morning, the committee claims that the government’s delay is impacting tenants,…

PropTech: enhanced referencing service launched

PropTech platform Goodlord has launched a new referencing service for letting agents, offering what it calls ”a carefully curated balance of technology and human expertise.”

The firm says its product is designed to make referencing safer and smarter, and instead of relying on documentation verification if offers digital integrations with HMRC,…

Agent demands end of bizarre rule making tenants pay stamp duty

A prominent lettings agent is calling for an end to what he calls the “archaic” system under which some tenants end up paying Stamp Duty Land Tax.

The director of Benham and Reeves, Marc von Grundherr, says: “Stamp Duty Land Tax is an archaic thorn in the side of homebuyers across…

Growing agency claims it’s in UK’s top three per cent

Birmingham property agency Davidson Estates has completed the first of what it pledges to be a number of acquisitions with the purchase of Jewellery Quarter sales, letting and management agents Arkade Property.

The acquisition, for an undisclosed sum, is part of founder Ben Davidson’s plans to grow the business he launched…

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