Analysis of letting agent websites reveals that high traffic volumes are failing to generate landlord enquiries, with industry experts highlighting the gap between visitor numbers and lead conversion rates. Data shows that while most letting agency websites receive traffic from property portals, search engines and social media, these visits frequently do not translate into new business enquiries. The post...
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Burnley Council is consulting on extending Article 4 powers to six additional wards, which would require landlords across the entire borough to obtain planning permission before converting properties into houses in multiple occupation. A six-week public consultation will precede a final decision scheduled for September 2027. The post Burnley Council proposes borough-wide HMO planning controls appeared...
Propertymark has integrated free basic material information reports into its referral platform through a partnership with property data provider Propalt. The integration allows members using Propertymark Connect to access complimentary property intelligence reports when sending referrals through the network. The post Propertymark integrates free property reports into referral network appeared first on...
Property management firm Centrick has been appointed to Crest Nicholson's managing agent competency framework, allowing the company to tender for residential development management contracts across the housebuilder's portfolio. The appointment follows an assessment of Centrick's operations, processes and capabilities. The post Centrick appointed to Crest Nicholson’s managing agent framework appeared...
UK inflation increased to 2.9% in July, up from 2.6% in June, according to Office for National Statistics data. The rise above the Bank of England's 2% target could delay anticipated interest rate cuts and maintain higher borrowing costs for property buyers. The post Inflation rises to 2.9% raising mortgage rate concerns appeared first on...
Almost three out of five first-time buyers believe that having existing debt will prevent them from obtaining a mortgage, according to new research from Lloyds. The survey of 1,000 prospective buyers found that 58% thought any borrowing would block mortgage approval, while 37% believed a 20% deposit was essential to secure lending. The post 58% of first-time buyers believe debt blocks mortgage access...
United Trust Bank has provided an £8.5 million commercial sales bridge facility to support the refinancing of a care home development site in West London. The completed project is expected to achieve a gross development value of £65 million. The post £8.5m bridge loan backs West London care home refinance appeared first on...
Willmotts has transferred its residential sales operation to eXp UK's platform, providing access to a network of more than 1,000 agents across the country. The move follows similar platform adoption by Essex agency NAKED in recent weeks. The post Willmotts moves sales division to eXp UK network appeared first on...
Knight Frank has appointed four brokers to its London affiliate network as part of the second phase of recruitment for its self-employed broker model. Cameron Forbes, Ella Coates, Josh Collins and Salil Joshi have taken responsibility for territories across West, South West and North London. The post Knight Frank expands London affiliate broker network appeared first on...
Average asking prices for newly instructed new-build properties in Britain increased 0.2% to £501,658 in July 2026, though regional variations show the West Midlands up 8.8% whilst the East of England fell 3.5%. The post New-build asking prices rise 0.2% amid regional disparities appeared first on...