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Analysis of the Residential Market Post-Election

by peter littlewood | Jul 15, 2024 | Industry News

Rightmove has just published their recent Market survey.   It can be seen here, and in summary: Current Market Trends Seller Asking Prices Average new seller asking prices have dropped by 0.4% (-£1,617) this month to £373,493. This larger-than-usual July drop...

New Ministry of Housing, Communities & Local Government Welcomes Five New Ministers

by peter littlewood | Jul 12, 2024 | Industry News

In a significant move aimed at reforming the private rented sector (PRS) and addressing housing needs, the newly established Ministry of Housing, Communities & Local Government has appointed five new housing ministers, including a landlord with direct experience...

Current Sentiment and Future Outlook in the Residential Market

by peter littlewood | Jul 12, 2024 | Industry News

The sentiment among surveyors and estate agents about sales volumes has reached its most optimistic level in over two years, according to the June RICS Residential Market Survey. This newfound optimism follows a period of subdued activity leading up to the General...

Factors Contributing to Delays in Property Transactions

by peter littlewood | Jul 12, 2024 | Industry News

Recent research by Propertymark highlights several factors contributing to significant delays in property transactions. The findings indicate a troubling trend, with a steep decline in the percentage of sales progressing from offer to exchange within 12 weeks—from 78%...

Summary of Findings on Social Housing Landlords by the Regulator of Social Housing (RSH)

by peter littlewood | Jul 12, 2024 | Industry News

The Regulator of Social Housing (RSH) recently identified significant issues concerning tenant safety and living conditions across five social housing landlords. These findings highlight the failure of these landlords to meet the new consumer standards introduced by...
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