NAEA October Housing market report : The number of prospective buyers and the supply of available housing fell The number of sales agreed remained the same whilst sales to FTBs decreased Supply of available properties The number of properties available per member branch fell in October, from 40 in September to 39, the lowest amount [...]
Back in July the Ministry of Housing, Communities and Local Government released a report that has put Estate Agents on the path towards the regulation of estate agents in the UK and letting agents in England. While we don’t know what regulation will look like in its final form, the report showed the recommendations of the [...]
Promotions in the Lettings Office: Thomas McCormick – Previously Junior Property Manager – Now - Property Manager Tom Smith – previously Trainee Property Manager – Now - Junior Property Manager Well done guys onwards and upwards!!
For the quarter ending 30th September there were two winners – Michael Sibley for an exceptional performance on Sales Agreed in a particularly challenging sales market, and Tom Smith for the highest number of Lets Agreed, in an ever evolving lettings market. Congratulations to you both, very worthy winners!
Latest statistics prepared by Rightmove show that M & M Lettings have increased their market share of Lets Agreed from 43.2% to 48.4% from September 2018 to September 2019. To put this further into perspective in the context of market share - M & M agreed lets of 237 properties, with the agent with the [...]
The average price of a property arriving on the market has dropped by 0.2 per cent this month, according to market data from Rightmove. This small dip comes at a time that normally sees the first signs of an Autumn recovery and is the first price fall recorded in September since 2010. The reports show [...]
TENANTS SUFFER AS RENTS SOAR DUE TO TENANT FEES BAN Key Findings Rent prices rise to highest on record in June Demand from prospective renters rose last month The number of properties under management fell Rent prices The number of tenants experiencing rent rises increased to the highest figure on record in June, with more [...]
Representing the East Of England the team of Leighton Buzzard and Woburn YFC members competed in, and won the National Final. A massive achievement. Congratulations to you all. For the second year running Leighton Buzzard Ladies and Junior Teams won at the Bedfordshire Rally, then competed in the Eastern Area Finals where they represented Bedfordshire. [...]
Congratulations to Kate on winning employee of the quarter. A well deserved winner, Kate is the back bone of the sales team, as well as providing support for the Lettings Team, everyones' go to person, a brilliant administrator who keeps the systems, and all of us in order!
A Labour-commissioned report calls on the party to make radical change to the housing market if it wins power. The report proposes to replace the Council Tax with a “progressive property tax” that would see landlords forking the bill. One of the authors of the report, George Monbiot, stated that since 1995 land values have [...]