Leeds agent branches out
North Residential is celebrating a successful 2024 with its second new branch opening of the year, newly appointed directors and an exceptional first year operating in North Leeds.
OnTheMarket: ‘We are the UK’s fastest growing property portal’
OnTheMarket (OTM) has staked a claim to being the fastest growing property portal in the UK since its acquisition by CoStar Group. Using Similarweb data, OTM said it has seen a 90% increase in total visits in the 12 months to September 2024 compared with Zoopla and Rightmove which experienced a 9% and 1% decline respectively.
Halifax: UK housing market beat expectations in 2024 - but how …
House price growth will be slower in 2025 at 3%, Halifax predicts. The lender has released its annual forecasts for 2025, suggesting that mortgage affordability will remain an issues, particularly as interest rate cuts are likely to be slower than expected.
Lomond unveils major agency acquisition - estateagenttoday.co.uk
Lee Watts, founder and managing director of KFH, said: “During the past 45 years we have grown the KFH brand across London under our own steam, underpinned by great people delivering excellent service with care.
Revealed! The type of homeowners most likely to sell
Homeowners in the UK who sold their home in the past 18 months spent an average of nine years in the property, research suggests. The data is useful for agents looking to target new prospects.
Leasehold reform delayed again but is ROPA coming?
The Government appears to have put the brakes on further reform to the controversial leasehold system. Sunday 24 November marks six months since the Leasehold and Freehold Reform Act 2024 was passed in the wash-up before the last General Election and while the new Labour Government promised to implement changes quickly in …
Rightmove Alert – it will be a Buyers Market in 2025
Rightmove predicts average asking prices will rise by 4% in 2025 but it will be a buyers market with purchasers “spoilt for choice”. In its annual forecast, the portal says its 4% prediction is its largest since 2021.
Zoopla: ‘Lower Stamp Duty changes will limit 2025 house price …
Stamp Duty changes will hold back house price growth next year, Zoopla claims. The thresholds for the property tax are set to drop from £425,000 to £300,000 for first-time buyers and from £250,000 to £125,000 for homemovers in April 2025.
Agents should treat Stamp Duty changes as material information
From 1 April 2025, in England and Northern Ireland these thresholds will decrease. Home-movers will pay no stamp duty on properties up to £125,000, with 2% due on the next £125,000, and the first-time buyer threshold will drop to £300,000, with …
AI to become strategic property market tool in 2025 – prediction
Artificial intelligence (AI) will move from a tactical tool to a strategic priority for property professionals in 2025, it has been predicted. Conveyancing software supplier Search Acumen has released its predictions for the new year, suggesting that AI …