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Estate News of Watford

Market boom to carry on into 2021 as mortgage lending soars

The housing market boom looks set to continue for some months yet as mortgage approvals for home purchases hit their highest level for 13 years. The latest Money & Credit report from the Bank of England shows approvals are now 10 times the level seen during lockdown, and at their highest since... read more

Fri, 30 Oct 2020 12:00:10 GMT

OnTheMarket hands shares to agents on full-tariff long-term deals

OnTheMarket has handed out more shares to agencies signing long-term agreements with the portal. It was almost three years ago that OTM, then led by controversial chief executive Ian Springett, adopted a strategy to persuade agents to sign up for long-term full-tariff deals with shares in the company as an incentive. Since then well... read more

Fri, 30 Oct 2020 12:00:06 GMT

Drastic consequences if stamp duty holiday ends in March - agents’ chief

The housing market’s recovery will be threatened with drastic consequences for buyers and sellers if the stamp duty holiday isn’t extended beyond March 31 next year. That’s the warning from Mark Hayward, chief executive of NAEA Propertymark. “This boom has been hugely beneficial for the housing market; however, with a stamp duty cliff edge... read more

Fri, 30 Oct 2020 12:00:04 GMT

What do London buyers want? Agency says it has the answers

A London agency says it's discovered the five key priorities that buyers want, following a survey of its own database. “Lockdown and the continued challenges presented by the global pandemic have undoubtedly changed the way homebuyers think and act. We are noticing some quite significant shifts in mindset when it comes to... read more

Fri, 30 Oct 2020 12:00:02 GMT

Agents Do Charity - Fangs for all your good work…

It’s Halloween time, and while this year’s festivities may be muted there’s plenty to celebrate as far as agents’ good deeds are concerned.  So forget things that go bump in the night, ignore the pessimistic boys and ghouls, we’re not living in a horror story at all - the current challenges have... read more

Fri, 30 Oct 2020 12:00:00 GMT
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