• Cedar House, Caen St, Braunton EX33 1AH

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'Stagnating' housing market say surveyors and listings website

The website Home, which monitors asking prices, says prices have rallied strongly in the last month but thanks to growing inflation at 3.5 per cent “UK home prices are really going nowhere overall.”   It says that despite significant year-on-year growth in several regions, 2017 looks set to be a year of… Source: Estate Agent […]

Auction sector 'leading post-referendum sales recovery' – claim

A series of strong sales performances at recent auctions has led one firm to claim the sector is leading the residential industry’s recovery after last year’s EU Referendum. Auction House says its sales figures for the first quarter of this year precisely match those achieved during the same period in 2016. The group had… Source: Estate Agent […]

Developers want SDLT and tax changes reversed to boost sales

More than three quarters of developers want to see the government go into reverse on its stamp duty and mortgage interest tax relief policies in order to encourage more buy to let purchases by investors. Research by specialist lender Amicus Property Finance, published in FTAdviser, shows that 78 per cent of… Source: Estate Agent News

Happy Easter from everyone at Estate Agent Today

Good wishes for a happy Easter for everyone in the industry from Estate Agent Today, and from our publisher Angels Media. Our next news round-up will appear on Tuesday, but of course any urgent news stories will be Newsflashed and you can follow EAT Editor Graham Norwood’s Twitter feed @PropertyJourn. In the… Source: Estate Agent […]

Independent agents to use 'big data' to fight corporate agencies

Senior members of the fledgling Charter for Independent Estate and Letting Agents group are meeting today to discuss how independents can harness data to create an organisation they describe as “more powerful than any corporate.” An estimated 20 to 25 founding agents and regional officers are meeting in Bicester, Oxfordshire. Amongst the… Source: Estate Agent […]

'Stamp duty and mortgage problems scupper 1.2m sales' – claim

A building society claims that in the past three years alone no fewer than 1.2m buyers have given up on house moves because of stamp duty costs or mortgage problems. The Nottingham Building Society says of the 11 per cent of existing home owners who have scrapped plans to move over… Source: Estate Agent News

Savills snaps up independent to take UK branch network to 90

Savills has acquired Granville Residential, an independent agency covering the high-end Marlow, Maidenhead, Bourne End and Cookham areas in Berkshire and Buckinghamshire. Granville Residential joins Savills network of 89 residential offices across the UK and an international network of over 700 offices, with its five members of staff immediately moving over… Source: Estate Agent News

Land Registry figures: prices strong but transactions slump

Land Registry data shows that homes across the UK have risen in price by an average 5.8 per cent in the year to February – but the most startling figures reveal the scale in the slump in transactions. February data from the registry shows that the average property value in the… Source: Estate Agent News

New independent housing research unit to launch this summer

A substantial new research body is to be launched this summer with a remit of looking at six overlapping aspects of housing. Called the Collaborative Centre for Housing Evidence, or CaCHE, it will be independent from government and is a collaboration between nine universities and four non-higher education organisations. It will have staff… Source: Estate Agent […]

Transaction levels to remain sluggish this year, warns top agency

Savills is warning that while low interest rates will probably keep house prices relatively static, transaction volumes are likely to remain suppressed for the rest of 2017.  “Home mover and buy to let investor numbers remain flat.  First time buyers are the only growing buyer group, supported as they are by… Source: Estate Agent News