Pennington News

News

  • How many agency business models are there today?

    September 23, 2017

    It used to be so easy. Around 20 years ago there were what we now call full-service estate and letting agencies, and just about nothing else aside from a few classified ads in local and national papers by individuals trying to sell their own properties. Then, of course, some property entrepreneurs worked...

  • Property Natter: estate agency then, now and in the future

    September 16, 2017

    How has the world of estate agency changed in the last few decades? That’s the question this week’s Natter is going to try and answer, with the help of expert agency trainer Richard Rawlings and Simon Bradbury, Director at Thomas Morris.  The days of fax machines, smoking in offices and relying...

  • The market’s missing homemovers

    September 16, 2017

    It appears activity in the housing market in 2017 will be around 15% down on 2016. The number of housing transactions dipped to their lowest level for eight months in June (ONS), while the number of mortgages approved for house purchase moderated to a nine-month low (CML).  The Council of Mortgage...

  • Is the stigma of renting at odds with our broken housing market?

    September 16, 2017

    I’ve written before about the impact of headlines on the property industry. Interest rate speculation.   Market booms and busts. Demand vs supply. And, of course, Stamp Duty Land Tax – don’t get me started on that one!   But there’s one, often used and seemingly innocuous, phrase that really grates…....

  • Summer of love? More like summer of leasehold

    September 16, 2017

    Even so close to the event, I don’t think anyone will be deeming 2017 as the ‘summer of love’.  The summer of ramped-up political and economic uncertainty with the potential for all-out nuclear war would be more like it, but that doesn’t have any sort of ring to it. So, I’ll...

  • Was this the week the agency industry changed for good?

    September 9, 2017

    I’ve been in France for the past few days and depending on your viewpoint, I made a spectacularly good or singularly bad choice of week to take a holiday. For it may well be that the events of the past seven days or so will be seen as pivotal in determining...

  • The return of the Green Deal – are you ready for MEES?

    September 9, 2017

    Some good news is here for landlords and letting agents worried about the energy efficiency rating of their property – the Green Deal is back. There are around 27 million homes in the UK, of which most fall into categories C- and D- in the EPC range, but some are much...

  • The case for intelligence-led automated interactions on agents’ websites

    September 9, 2017

    Many industries in the UK are currently facing a tumultuous time as the great unknown of Brexit looms on the horizon and consumer demand eases.  The property industry is no exception to this, with the market slowing down as property owners debate whether it is the right time to list their...

  • Tips for surviving the ban on letting agent fees

    September 9, 2017

    Parliament is sitting again and the entire lettings industry is waiting with bated breath for more detail on the government’s proposal to abolish tenant fees.  Agents that don’t act now will have already lost a competitive edge to those that are implementing the transformation necessary for long-term competitiveness.  Even so, asking agents...

  • Property Natter: it’s time to party (political-style)

    September 2, 2017

    In this week’s Natter I’m going to get all political. Don’t worry, I won’t be giving my opinions on Brexit, Trump or the mounting tension between the West and North Korea (in the latter case, can the adults come along and please tell the children to stop playing silly games...