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Estate News of Watford

'Don't wreck housing market relaunch' - furlough warning to government

The government is jeopardising the success of the housing market relaunch through the inflexibility of the furlough scheme, claims a group of agents, conveyancers, valuers and other property professionals. The Home Buying and Selling Group has now written to Chancellor Rishi Sunak proposing that property sector employers should be able to furlough... read more

Wed, 27 May 2020 12:00:12 GMT

Conveyancers told to put UP their fees just as housing market reopens

A specialist legal advisory service is urging conveyancers to use the reopening of the housing market as an opportunity to increase their fees. A two-page note released by Legal Mentors starts by saying: “Pricing - NOW is the time to increase your pricing.” The note explains that with the market unfrozen again, many... read more

Wed, 27 May 2020 12:00:08 GMT

Second Corona wave could still happen - seven steps to prepare

NAEA Propertymark is advising agents to continue measures to allow them to operate if a second wave of Coronavirus hits later this year and the ‘stay at home’ regime returns. In a statement the association says agents should be using the current time, in the light of the lockdown, “to reflect on... read more

Wed, 27 May 2020 12:00:06 GMT

London's largest lockdown deal is coup for high-end agency

High-end agency Beauchamp Estates is claiming to have bagged the capital’s biggest deal during the lockdown period - a mansion which has sold for £15.45m.  The property overlooks St James’s Park and is also thought to have set a new price record for the area at £2,351 per square feet. The agency says... read more

Wed, 27 May 2020 12:00:02 GMT

Lockdown has turbo-charged buyer demand - but it won’t last

Research from Zoopla suggests that demand from buyers across England surged 88 per cent shortly after the housing market reopened - but that spike will drop back as transactions normalise, the portal claims. In its regular analysis of large cities, the portal says the scale of the bounce back in demand after... read more

Wed, 27 May 2020 12:00:00 GMT
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