Format: News
UK housing stock now worth £5.2 trillion as North-South tilt steepens
The total value of the UK's housing stock rose by £186bn in 2013 to hit £5.2tr, according to some (big) number crunching by Savills, and by £1.6tr over the last decade from £3.6tr in 2003.
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“All systems go” for Agents’ Mutual launch
Challenger property portal Agents’ Mutual has just confirmed that it has already “moved to implementation” after raising over £6m from over 500 Gold Member estate and lettings agencies.
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Edinburgh signals return to normality as transaction levels rocket
Fair Edinburgh has seen a return to "normal, healthy transaction levels", according to the Knight Frank team after they recorded a whopping increase in Q4 deals
Bailey recruits “developer’s eye” to buying team
Robert Bailey's buying agency has recruited Will Hollest to give "a developer's eye" to the outfit
Zoopla could announce floatation “within weeks”
It sounds like Zoopla is gearing up for its blockbusting floatation, which could value the purple portal somewhere north of the £1bn mark.
Strong Q3 for British Land
British Land has been updating the world on its Q3 2013/14 activity, and things look to be going well for the giant developer.
The Clarges Estate
It's currently progressing £1.1
Write-your-own-details online agency launches
Another new online estate agency has launched, but with a slight twist. Sellmyhome.co.uk, created by Knight Frank and Banda alumnus Will Clark, offers vendors the chance to write their own property descriptions
Resi construction value leaps 88% in a year
The value of the UK's construction industry has soared by 67.1% to £6bn over the last 12 months, according to Barbour ABI's latest Market Review, with the residential sector jumping by 88.1% year-on-year.
Happy Place: More signs of high homeowner confidence
Countrywide's latest YouGov sentiment survey comes to a very similar conclusion to Knight Frank's version released last week: we're all pretty positive about house prices
New Marketing Director for Chesterton Humberts
Chesterton Humberts has a new Marketing Director, in the form of Giles Milner, who's been promoted to the role after a two-year stint as PR and Marketing Manager
Hamptons acquires North London agency Preston Bennett
Hamptons International's expansion plans have taken another step forward today, with the acquisition of a top North London estate agency
Countrywide boss joins DCLG
Grenville Turner, the Group CEO of Countrywide plc, has joined the Department for Communities and Local Government as a Non-Executive Director to the Department’s Board.