Mystery surrounds precisely what Labour will do with the revenue it claims it will secure from introducing a mansion tax on £2m-plus properties.
Agents should expect the wick to be turned up on the old chestnut of holiday homes with the news that veteran actress Penelope Keith is to front a three-part documentary on the effects of such properties on rural Britain.
The champagne is no doubt flowing at prime London agencies Wetherell and Knight Frank following the new that they have helped British Land sell 18 apartments for an average of £4,750 per square foot - a record for a multi-property sale.
If you think competition between agents can get cut-throat in this country, just have a look at what’s happening in mild and meek New Zealand.
The Labour conference is to consider a proposal for estate agents to “be brought under the ambit of the Financial Conduct Authority.”
Shadow Chancellor Ed Balls added to the pre-released text of his speech at the Labour conference yesterday by reiterating the party’s pledge to introduce a mansion tax on homes valued at £2m and above.
Just to prove that there’s nothing new when it comes to property PR, an online agent has taken a leaf out of the public relations book of high-end agency Savills by trying to link house prices with supermarkets - but in true online style it’s gone for a no-frills option.
Four high-end agencies are slugging it out for the title of Residential Property Adviser of the Year at the Estates Gazette annual awards.
One of the most famous names in agency in the north of England, Dacre Son & Hartley, is seeking to expand through offering franchises.