OTM latest | Commission rise | Mortgage surge




Mortgage approvals bounce back to 40,000 according to latest BoE figures<br />

Bank of England data shows big rebound in mortgage approvals but experts warn of potential logjams ahead from low LTVs.

Click here to read Mortgage approvals bounce back to 40,000 according to latest BoE figures<br />.



Average commission rate rises to 1.51% helped by post-Covid mini-boom

GetAgent says average commission rate charged by sales agents has increased by 0.26% or £770 over past 12 months.


Click here to read Average commission rate rises to 1.51% helped by post-Covid mini-boom.



OnTheMarket claims COVID lockdown was ‘defining moment’ in portal wars<br />

Agent-owned platform says many agents reassessed the value they get from Zoopla and Rightmove during the lockdown, as it reports increased branch numbers.

Click here to read OnTheMarket claims COVID lockdown was ‘defining moment’ in portal wars<br />.



Virtually British! Proptech firm lands major US and Irish distribution deals<br />

London-based EyeSpy360 says it is now one of the top three VR property tours firms in the world and is used by agents in 77 countries.

Click here to read Virtually British! Proptech firm lands major US and Irish distribution deals<br />.



House prices – <br />Regional report

We visit three agents across the country to discover what is happening in their local market. In this update, agents report from in West Country, Streatham, London and Birmingham. 

Click here to read House prices – <br />Regional report.



How to ‘stay safe’ – Risk Assessment for your office<br />

It’s back to the office for agents, but it’s not business as usual. H&S consultant, Peter Stevens, outlines the steps you should take to protect staff and the public. 

Click here to read How to ‘stay safe’ – Risk Assessment for your office<br />.



Challenger portal signs up agents behind Say No To Rightmove campaign

Murray Lee and Paul Davies are leading by example and have recently signed up to use the challenger portal as they urge other agents to look at Rightmove alternatives.

Click here to read Challenger portal signs up agents behind Say No To Rightmove campaign.