Weekly Wrap – 2nd August 2024

Introducing this Friday’s Weekly Wrap, where we bring the news to you. 

Every Friday we are ending your work week by wrapping up the last 7 days of news for you by choosing some key updates and events to share. This news will cover everything property, from estate agent fees to broker updates to government policy, and be a sure way for you to finish your week up to date.

With some big industry updates this week, including the Bank of England’s interest rate announcement, keep in the loop and check out our chosen five articles to summarise this week’s news.

  1. Slight monthly rise in house prices but annual growth fastest since 2022
  2. BoE cuts interest rate to 5%
  3. FCA says protection is out of scope of Advice Guidance Boundary Review in win for AMI
  4. HMRC data points to dip in transactions for June
  5. SLC releases Position Paper on HMLR backlogs
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