Just a day after the launch of easyProperty, a senior venture capitalist has hit out at its founder Sir Stelios Haji-Ioannou, calling him as a ‘celebrity business leader’ using crowd-funding websites to “exploit” small-time investors.
Labour proposals for four tiers of mansion tax - graduated with owners of homes woth £5m-plus paying the most and some owners of homes around £2m eligible for tax relief - would still be particularly damaging to London, according to Knight Frank.
Ed Mead, a director of London’s Douglas & Gordon estate agency and a long-standing critic of online estate agents, says the slowdown in the sales market seen in some parts of the country may deter the spread of internet-only agencies.
easyProperty, which launches a residential letting service today after months of anticipation within the industry, says it will ultimately expand to handle online auctions too.
A Yes vote in tomorrow’s Scottish referendum would create over a year on uncertainty in the housing market - but a No vote would still leave people unsure how the Scottish economy may change as a result of additional devolution.
In a coup for Strutt & Parker and small Devon agency Michelmore Hughes, the much-publicised Bantham Estate has been sold in accordance with the wishes of its owners and, unusually, its existing residents.
The franchise firm which calls itself the world’s largest residential estate agency has opened its fifth UK office in one month, in the London borough of Islington.
Potential buyers of Chestertons, the high end London agent which is for sale with an asking price of £50m, are likely to submit their offers later this week.