House prices are 7.1 per cent above their level a year ago as the boom continues. The latest house price index, from the Nationwide, says it’s still the stamp duty holiday driving business. “Just as…
Online agency Strike has used specialist eye-tracking software to analyse what attracts a buyer’s attention when scrolling through homes online — and what aspects of home get missed, or even put viewers off. The experiment was…
The government has launched a formal consultation process on a new residential property developer tax which is to contribute towards cladding repair work. The proposed tax would apply only to developers’ profits over £25m –…
There’s a new warning that the estate agency industry may be in a more fragile financial condition than before the pandemic, despite the buying frenzy of recent months. Insolvency specialist Business Rescue Expert claims the…
An insolvency specialist is warning that the real estate sector of the UK is seeing more firms in financial distress despite the soaring housing market. Begbies Traynor’s latest Red Flag report says: “Despite the booming…
The Nationwide Building Society has launched a product which, controversially, allows some first time buyers to borrow 5.5 times their income. From April 26 Nationwide’s Helping Hand product allows first timers the option of borrowing…
Momentum is building for agents to provide more information on property details and portals – not wait until a prospective buyer has expressed interest.Yesterday the National Trading Standards and Letting Agents Team announced a survey…
A major agency is reporting a “frenzy” with branches inundated with enquiries as soon as homes are listed. Nicky Stevenson, managing director of Fine & Country, says: “Demand is outstripping supply which is creating a frenzy…
Rightmove has so far this year recorded 20 of its busiest ever days for visits to the site as the current buying frenzy appears to show few signs of abating. It set an all-time new…
An agent in part of the UK with the strongest seller’s market claims the stock shortage is the worst he’s seen in 30 years – while demand seems endless. Bradley Start, a partner at Start…
