Format: News
End of the Chain? A record three-quarters of buyers are now chain-free
"The current pace of the market has put buyers with a home to sell at the back of the queue," says Hamptons' research chief.
More property market records go as asking prices hit another all-time high
"It can’t and won’t continue like this," says Tim Bannister, Rightmove’s Director of Property Data, "but with the demand and supply imbalance being so out of kilter, it looks like any substantial…
Galliard ‘caves in’ to Gove’s cladding call
High-profile property developer agrees to government demands to pay cladding scandal costs, reportedly accusing the Housing Secretary of acting like "Al Capone".
Weekly Showcase: Ten featured prime resi listings
PrimeResi’s regular stock check, powered by LonRes
Buyers paying ‘significantly more’ for homes with low-carbon tech, says Savills, as energy prices rise
59% of home-buyers are willing to pay extra for a home that primarily uses renewable energy, according to a new survey, while a third of buyers think EPC ratings are more important now than they were a…
New Mandarin Oriental venture serves up ‘the finest 1%’ of homes around the world
Partnership with luxury vacation rental firm StayOne makes MO ‘the first luxury hotel group to extend their offering to the private home environment’
PCL rental stock has dropped 75% as tenants return to town
“The recovery of the rental market has led to a shift in tenant profiles,” says LCP boss Andrew Weir, “as older tenants return to the office and outcompete young professionals and students.“
Housing market moves towards a ‘new normal’ after two years of volatility
HMRC's latest property transaction figures show the market settling into a "new normal", after two years of Covid-induced volatility.
Former Countrywide chief Grenville Turner joins BidX1
"Europe’s leading digital property investment platform" has appointed estate agency and PropTech impresario Grenville Turner as Chairperson, as the Irish auction house "gears up for another phase of…
PCL buying agency moves into sales, launching a high-end estate agency division
Aldersley London will provide "a holistic and bespoke service all under one roof", says founder Edward Aldersley, including property search and acquisition, development consultancy - and now property sales.
Property Ombudsman appoints deputy
Lesley Horton is now working alongside Property Ombudsman Rebecca Marsh, as the industry "heads towards a significant era of change with the new proposed regulatory framework."
Foxtons lettings revenue jumps 21% as sales income drops
"We have had a good start to the year," reports CEO Nic Budden, "with all areas of the business trading in line with our expectations."