estate agents

Propertymark Reports 34% Increase in Homebuyers Registering at Estate Agents in February
estate agents, Home Mortgage, Mortgage Broker, Mortgage Lenders, NEWS ARCHIVES, private rented sector

Propertymark Reports 34% Increase in Homebuyers Registering at Estate Agents in February

2021The UK housing market has been booming in 2021, with many people taking advantage of the stamp duty holiday and low-interest rates to purchase a property. According to Propertymark, the UK’s leading professional body for estate agents, there was a 34% increase in homebuyers registering at estate agents in February 2021 compared to the same month last year.The stamp duty holiday, which was introduced in July 2020, has been a major factor in the surge of homebuyers. The holiday has seen the stamp duty threshold increased from £125,000 to £500,000, meaning that buyers can save up to £15,000 in tax when purchasing a property. This has made it much more affordable for people to buy a home, and many are taking advantage of the savings.The low-interest rates have also been a factor in the su...
The Benefits of Using AI Software for Agents: Time and Money Savings
estate agents, Home Mortgage, Mortgage Broker, Mortgage Lenders, NEWS ARCHIVES, private rented sector

The Benefits of Using AI Software for Agents: Time and Money Savings

Artificial Intelligence (AI) software has become increasingly popular in recent years, and for good reason. AI software can help agents save time and money by automating mundane tasks, freeing up their time to focus on more important tasks. In this article, we will discuss the benefits of using AI software for agents and how it can help them save time and money. One of the primary benefits of using AI software for agents is that it can automate mundane tasks. For example, AI software can be used to automate customer service inquiries, allowing agents to focus on more complex tasks. AI software can also be used to automate marketing tasks, such as creating personalized emails or ads based on customer data. By automating these tasks, agents can save time and money that would otherwise be spe...
Purplebricks Reports Potential Sale Following Profit Warning
estate agents, Home Mortgage, Mortgage Broker, Mortgage Lenders, NEWS ARCHIVES, private rented sector

Purplebricks Reports Potential Sale Following Profit Warning

Purplebricks, the online estate agent, has recently reported a potential sale following a profit warning. The news comes as a surprise to many, as the company had previously been seen as a leader in the real estate market. Purplebricks was founded in 2012 and quickly became one of the most successful online estate agents in the UK. The company had a unique business model that allowed customers to list their homes for sale without paying any upfront fees. This made it attractive to many sellers, and the company quickly grew in popularity. However, the company has recently issued a profit warning, citing a number of factors including increased competition in the market and a decline in customer numbers. This has led to speculation that Purplebricks may be looking to sell the business. The po...
Estate Agency Industry Predicted to Experience Positive Growth in 2021
estate agents, Home Mortgage, Mortgage Broker, Mortgage Lenders, NEWS ARCHIVES, private rented sector

Estate Agency Industry Predicted to Experience Positive Growth in 2021

The estate agency industry is expected to experience positive growth in 2021. This is due to a number of factors, including an increase in consumer confidence, a rise in property prices, and the introduction of new technologies. Consumer confidence is an important factor in the estate agency industry. When people feel confident about their financial situation, they are more likely to make investments such as buying a property. This increased confidence has been driven by the UK government's economic policies and the introduction of the furlough scheme, which has helped to protect jobs and incomes during the pandemic. The property market has also seen an increase in prices over the last year. This is due to a combination of factors, including low interest rates and a shortage of homes on th...
2023 Real Estate Market Begins Sluggishly, According to Agents
estate agents, Home Mortgage, Mortgage Broker, Mortgage Lenders, NEWS ARCHIVES, private rented sector

2023 Real Estate Market Begins Sluggishly, According to Agents

The real estate market in 2023 is off to a slow start, according to agents across the country. This is a stark contrast to the booming markets of the past few years, which saw record-breaking sales and prices. The slowdown is being attributed to a variety of factors. The most significant is the economic uncertainty caused by the pandemic. The pandemic has caused job losses, reduced consumer confidence, and made it difficult for people to secure financing for home purchases. As a result, many potential buyers are sitting on the sidelines, waiting for the economy to stabilize before they make any big decisions. Another factor contributing to the sluggish start is the lack of inventory. Many sellers are holding off on listing their homes until the market picks up again. This has resulted in f...