Estate agents’ average commission fee rises to 1.5%
Agents in Kensington & Chelsea tend to charge a higher percentage than anywhere else in the country (2.32%) and earn the highest commission amount per sale (£32,430).
The average estate agency’s sales commission is 1.2%
But there's a pretty broad range between different regions. Agents in five postcodes manage to bag fees in excess of £30,000 per property sale
Estate agents are ‘the most stressed profession’ in Britain
Three new surveys tell us that estate agents are the No.1 most stressed profession in Britain, and the fifth least-trusted
Most property vendors believe that traditional estate agents ‘represent good value for money’
69% of recent sellers who used a traditional high street estate agency thought that the fees represented good value
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‘Not the pre-Halloween horror show we had braced ourselves for’: Property industry reactions to the Autumn Budget 2024
Featuring insights from: Dominic Agace, Tim Bannister, PC Chawla, Lucian Cook, Becky Fatemi, Guy Gittins, Mark Harris, Nina Harrison, Adam Jennings, Trevor Kearney, Nick Leeming, Roarie Scarisbrick, Nicky…
£30mn ‘masterpiece’ sold in west London
10,000-plus sq ft freehold townhouse on the banks of Regent's Canal is one of Little Venice's finest.
International buyer secures ‘one of the best mansions in Belgravia’ in another pre-Budget mega-deal
Grand 1901 townhouse on Lygon Place, asking £21.5mn, was formerly the Italian Embassy & Defence Attaché.
‘This Budget raises taxes by £40bn’: Reeves targets second homes, inheritance, capital gains & non-doms
Stamp Duty on additional homes is going up from tomorrow, but there's no change to CGT on residential property.
Super-prime London property agency launches Marbella outpost
Gary Hersham's Beauchamp Estates is opening a fifth Mediterranean office.
Required Reading: The Autumn Budget 2024 for HNWIs & business owners
Mishcon de Reya's legal & tax experts talk us through the key points & policies announced by Chancellor Rachel Reeves - including significant changes to Stamp Duty & Inheritance Tax.
‘Back-to-brick’ renovation in Chelsea delivers trio of rental apartments
Boutique developer reinvents period mansion block on Sloane Gardens, with a modern take on traditional British design.
Second-home buyers race to beat SDLT deadline
UPDATED: Agencies finalise series of 'rapid' high-end sales in Prime Central London following surprise tax hike announced in the Autumn Budget.
Agency ties up England’s biggest land sale of the last 30 years
The Wildlife Trusts have agreed to acquire the 9,500-acre Rothbury Estate, which has been in the Percy family for seven centuries.
Tom Bill: What does the Budget mean for the UK residential property market?
Knight Frank's head of UK resi research summarises the key takeaways from Rachel Reeves' big speech & looks at the likely impacts on the real estate sector.
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Grand townhouse near Harrods heads to auction, guided at £9.25mn
Grade II six-storey specimen is one of the largest on Knightsbridge's Montpelier Square.
Major mortgage lenders back ‘greenprint’ for eco-minded property finance
Linking long-term loans to properties rather than people could promote more energy-efficient retrofits, argue lenders.
Senior Jackson-Stops agent moves to Harding Green
'The UK property industry is shifting toward a more client-focused model,' says Alexander Leon as he joins the self-employed broker platform in central London.
Corporate relocation agency launches private clients division
Belgravia-based R3Location now provides personal property search & acquisition services, in addition to its established corporate relo offering.
Agents invited to join influential proptech advisory panel
REACH UK's Agent Advisory Panel aims 'to bridge the gap between the challenges PropTech companies face during development and the real-world demands of the property sector.'