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Estate Agent Today provides daily industry, Estate Agency, Property Market, Housing, Moving Home and Online Estate Agent News updates for the UK's letting agent community.
Merry Christmas to all our readers - estateagenttoday.co.uk
In hopes that our readers will comment and share. The year has brought us many twists and turns, From agency takeovers to regulatory concerns. Purplebricks has a new owner while Rightmove rejected Murdoch’s advances,
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.
Zoopla: ‘Price sensitive buyers have returned to the market’
Buyers and sellers returned to the market over 2024 building a sales pipeline 30% larger than a year ago, Zoopla claims. The portal’s December House Price Index found there are 283,000 homes worth £104bn progressing to a sale in 2025. This is the largest end of …
London exodus hits decade low – research
The rate of London outmigration has slowed to the lowest level since 2013, research shows. Analysis by Hamptons has revealed that Londoners purchased 5.7% of homes sold outside the capital in 2024, down from a peak of 8.2% in 2022 and 7.8% last year.
How to Become a Real Estate Agent in the UK
Are you drawn to the dynamic world of property? Becoming a real estate agent could be the perfect career path for you. Known for its potential in terms of both career growth and financial reward, entering the UK real estate market requires a strategic approach.
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.
Nationwide: UK house prices rose in 2024 but Stamp Duty …
Average house prices rose by 4.7% last year but could be more volatile in 2025 due to the expected Stamp Duty rush, Nationwide claims. The latest Nationwide House Price Index shows average property prices finished 2024 at £269,426, up 0.7% on a monthly basis. But Nationwide’s chief economist ...
2025 – Predictions for the Private Rental Sector
As we approach 2025, the lettings industry is entering a phase marked by stabilisation and opportunity. Rental inflation has slowed to an average of 3-4% for new lets, reflecting the effects of affordability constraints; renters’ budgets are beginning to limit how much rents can rise.
Zoopla: The UK markets with best prospects for house price growth
Jan 20, 2025 · Housing markets in Scotland lead the rankings in the UK, accounting for nine out of the top ten slots. The overall leader is the Motherwell postal area in Scotland, where house prices average at £129,000 and are already increasing by an above average rate of 3.8%.