Property news

Commission Earned: Top Cities by Fee Income from SSTC Sales

The research shows that, when it comes to potential commission earned, London tops the table with an estimated £14.95 million in commission generated from 1,552 sales likely to complete (85% of 1,826 SSTC listings), based on an average fee of 1.7%.

In Manchester, 576 sales could deliver around £1.87 million in fees to local agents, while Glasgow followed with an estimated £959,000 from 468...

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Estate agent launches buyer representation programme

eXp UK , the platform for personal estate agents and estate agency businesses, has announced the launch of its buyer representation programme, an initiative designed to allow its member agents the opportunity to boost their earnings, with the delivery of this latest announcement being driven by Richard Rawlings - the foremost estate agency trainer in the UK.

Buyer representation is a...

Mortgage costs ease for homebuyers

New research from upfront information platform, Home Sale Pack , reveals that whilst the cost of a mortgage has started to ease, the average monthly mortgage repayment today is 57.4% more expensive than it was in December 2021 when interest rates first started to climb. However, there are ways in which mortgages can be made more manageable for those struggling with the continued high cost....

Proptech isn’t all that it’s cracked up to be

Gemma Young is Co-Founder of Moverly

"The housing crisis will be solved using technology." Or so I read somewhere this week.

This notion that technology is the panacea for all problems, and that PropTech—a term now almost antiquated in our sector—is the Holy Grail of solutions, is an oversimplification.

For over a decade, advocates have proclaimed that...

Expert plumber warns Brits may be at risk of rats through their toilet

Hundreds of thousands of UK residents could be at risk of unwelcome animals swimming up their toilet pipes, unless they use specific products to protect them.

According to experts from MyBuilder.com , the reliable way to hire tradespeople, pests such as rats are easily able to swim up pipes into your toilet, if your system is not fitted with a "non return" valve. The valve is...

Vistry site manager wins Quality Award for homes delivered to Sovereign Network Group

Exeter site manager Tom Barnett has won a prestigious NHBC (National House Building Council) Pride in the Job Quality Award 2024 for building homes of exceptional quality at Vistry’s Alphington development for Sovereign Network Group (SNG).

Running for 44 years, Pride in the Job recognises the UKs top site managers – with around 8,000 competing for the awards each year. As well as...

Revealed: The 6 main causes of a broken chain

The latest market insight from quick sale specialists, Open Property Group , reveals the six most common reasons that a chain breaks when you're trying to sell a property.

When you're trying to sell a home, the success of the transaction often depends on the success of other transactions. This is called a chain. For example, if you're selling a home and accept an offer from a buyer,...

High rental demand areas command hefty premiums

The latest market insight from London lettings and estate agent, Benham and Reeves , reveals that there is a significant house price premium for properties located in high rental demand areas, making these areas particularly good investment targets for buy-to-let landlords who are looking to mitigate recent efforts to reduce profitability in the sector.

Benham and Reeves analysed...

New build completion rates in England up by 3%, data shows

Local authorities in England completed an average of 567 new build homes between 2022-2023, up by 3% from 2021-2022, new data has revealed.

The study, conducted by architectural visualisation experts at Modunite, investigated ONS data on the number of new build completions from 2021-2022 and 2022-2023, to find which local authority has seen the biggest increase in new build...

Real Estate Investment & the Power of Legal Help

Investing in real estate is one of the most effective ways to grow wealth over the long term and improve your financial well-being. Despite this, the legal side of real estate investing can be complex and daunting, which is why legal help is useful for investors. Keep reading to find out more.

Why Consider Real Estate Investment?

First, it is helpful to look at the main...

David Wilson Homes Yorkshire East launches first homes for sale in Pocklington

Local housebuilder David Wilson Homes Yorkshire East has unveiled the first homes at their brand-new development Wolds View in Pocklington.

David Wilson Homes’ Wolds View development will feature two, three, four, and five-bedroom homes. This development is conveniently located a stroll from the thriving market town of Pocklington, where residents can enjoy a variety of cafes,...

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