BrightSale Research Department

The UK Housing Market Correction - August 2008

The property derivatives market is pricing in a further decline in UK house prices of -23.5% (on top of the -9.6% decline experienced already) by 2011. Such a decline would be more than double the decline experienced in the early '90s correction. This new report from BrightSale questions whether the market really needs to fall much further to restore equilibrium. Download the full report (PDF)

PMA 1991 - Stop Mis-describing the Misdescriptions Act! - June 2008

Traditional high street estate agents are adept at inventing justifications for their role. And who can blame them, especially in such difficult market conditions? We are in favour of open and fair competition between different business models: high fee, branch-based agency on the one side and lower fee, internet-focused agency on the other. Let's give the consumer a fair choice, compete on a level playing field, and we'll all live with the results. Read the full report

Is There a Future for High Street Estate Agency? - April 2008

Traditional high street estate agency is living on borrowed time; and that time is running out. High cost traditional estate agents face a triple barrelled gun, and we predict that a combination of: 1) lower house prices, 2) lower completion volumes and 3) fee competition from online estate agents will relegate the traditional high street agent to a niche market position over the next five to ten years. Lower cost online estate agents will become the norm. Download the full report (PDF)