• Cedar House, Caen St, Braunton EX33 1AH

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Supply drought goes on as NAEA declares stock level 'a record low'

The number of properties available to buy on agents’ books decreased to 39 last month – the lowest amount recorded for March since National Association of Estate Agents records began 15 years ago.  Year on year, supply is down 28 per cent as agents had 54 properties available to market last March. Meanwhile… Source: Estate Agent […]

London house price growth slumps to five-year low, says Hometrack

House price inflation in London continues to slow and has now reached 4.9 per cent year-on-year according to Hometrack. London is now among the five slowest growing cities, and is seeing its lowest rate of house price growth for five years as affordability pressures impact demand for housing. “Cities that have been driving… Source: Estate Agent […]

Guild's new chief exec goes on the road to meet agents across UK

The Guild of Property Professionals is holding its annual regional meetings next month at 10 sporting venues across the UK under the tagline ‘Fit for the Future’. The objectives of the sessions will be to keep members up to date on industry developments and gives them an opportunity to meet new chief… Source: Estate Agent News

Record number of agents sign up for PropTech conference

A record number of over 300 agents have so far signed up for next week’s FUTURE: PropTech conference, the largest event of its kind in Europe.   Agencies so far being represented include Purplebricks, Lomond Capital, LSL, Countrywide, the Property Franchise Group, Hunters, Connells Group, Savills, Knight Frank, Nested and Dexters -… Source: Estate Agent […]

Agents Do Charity – the long Bank Holiday weekend edition

Many agents will be working hard all weekend but much of the country will be enjoying another long weekend – time, perhaps, for more fund-raising for good causes.   If you’re doing that please let us know on press@estateagenttoday.co.uk and we’d be delighted to publicise your efforts.   Now, let’s doff our caps to… Source: […]

Countrywide brand unveils video guides to online and full-service options

Countrywide’s Bairstow Eves brand has launched a series of video guides for customers using their £995 online agency service and for those who ‘upgrade’ to the traditional full-service high street no-sale no-fee service.   The unveiling comes as Countrywide this morning revealed to shareholders that income for the first quarter of 2017… Source: Estate Agent […]

Agency says some London boroughs seeing record low transactions

A London estate agency’s analysis of the latest Land Registry data suggests transactions in the capital are the lowest ever recorded.  Land Registry data for February shows there were just 55 transactions in the whole of the Westminster borough, which the Portico agency claims is the lowest ever number recorded by… Source: Estate Agent News

PropTech Today: Generation Z are coming – agents, are you ready?

I was recently contributing to whitepaper by a major bank about the future of the property industry and, as I was writing, something struck me; just as our industry has adapted to the demands that the Millennials brought to market, it’s about to experience yet more change thanks to the… Source: Estate Agent News

Two weeks to go… Your essential guide to The ESTAS 2017!

One of the biggest days of the year for agents takes place just two weeks tomorrow when The ESTAS take place on Friday May 12. Here’s all you need to know about the biggest bash in our industry. The ESTAS are the UK's biggest awards event for agents and 1,000 guests will attend… Source: Estate Agent […]

Mortgage rates now at their lowest-ever level, says bank

Mortgage rates continue to fall with the average new lending rate at a record low of 2.2 per cent: as a result the average monthly payment constitutes a lower share of income than in 2007 despite the average loan size being almost one fifth higher. The steady decline in mortgage rates… Source: Estate Agent News