Fall-throughs cost England’s estate agents £392mn in lost commission – Rightmove
Property portal highlights the economic impact of fall throughs, and reiterates calls for a more digitised system of buying & selling.
Estate agents highlight ‘challenging landscape’ as more deals fall through
43% of estate agents believe a property market recovery will come next year; 29% believe it will happen in 2023, while 28% don’t believe it will happen in the near future.
59,000 ‘lost’ deals: Estimating the financial cost of lockdown to the estate agency sector
The UK's Covid-19 lockdown caused a dramatic slump in the number of new instruction and sales agreed, reports Twenty EA, but property exchanges appear to have been more resilient.
Optimism returns to the property industry – but estate agents are looking to diversify
Key findings from Zoopla's annual "State of the Property Nation" include a marked upswing in estate agencies' sentiment, but there's continued uncertainty over the political situation.
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Luxury brokerage faces allegations of workplace misconduct
High-profile firm insists it 'does not tolerate harassment or inappropriate conduct' following Bloomberg report.
Notting Hill villa changes hands for nearly £32mn
Mid-19th century residence is one of the area's finest examples.
Former Schroders base in Mayfair cleared for prime resi conversion
'Remarkable' Upper Grosvenor Street building is set to deliver eight apartments alongside valet-led parking facility in Reeves Mews.
What WOW!house says about the future of super-prime interiors
PrimeResi tours the annual interiors showcase in Chelsea Harbour, featuring 22 installations by top studios including Martin Kemp, Albion Nord, Rigby & Rigby and Elicyon.
British Land picks new CEO
Joanne McNamara will lead the FTSE-100 property company, replacing outgoing chief Simon Carter.
Penthouse overlooking Lord’s makes market debut, seeking £10mn minimum bid
Home of Cricket-facing apartment with 100-ft terrace is being offered for sale for the first time, with all proceeds due to go to charity.
Off-market properties outnumbering online listings by 5:1 in PCL, says buying agency
Fear of not having seen everything available is now the main factor weighing on buyers’ minds and undermining confidence, reports Eccord.
Rupert Collingwood: The property ladder is freezing from the top down
If we want the market to function more efficiently again, we need to stop viewing the housing crisis purely through the lens of first-time buyers, says brokerage chief.
Plans submitted for significant 89-home refurb scheme in South Ken
Wellcome is looking to upgrade a portfolio of 34 townhouses on Evelyn Gardens, transforming former student accommodation into high spec homes.
Grosvenor backs Westminster resi scheme with £22.6mn loan
Prominent Vincent Square building is being reworked as 26 homes.
LATEST ARTICLES
SW London estate agency appoints new sales & lettings heads
Arrival of a new Head of Sales and a new Head of Lettings 'mark an exciting new chapter for Lawsons & Daughters,' says boss Sanjay Joshi.
KFH hires ex-Foxtons director for senior lettings role
Suzi Robertson was previously Foxtons' first female front office director.
In Pictures: Caudwell unveils €29m Riviera trophy home with Windsor links
Marquee residence at Le Provençal is the region's biggest new listing this spring, says developer.
Forecasts Recast: Influential analysts downgrade prime property prospects as outlook darkens
Knight Frank, JLL, Savills and Strutt & Parker have all cut house price forecasts in the last few weeks. PrimeResi checks where the market stands as we head into H2.
Heavyweight property companies exit FTSE 100
Berkeley Group and Rightmove are both being relegated from the UK's index of corporate giants.