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Boomin to hold strictly confidential webinars in bid to woo agents

Boomin, the new portal being set up by the founders of Purplebricks, is holding a series of confidential webinars next week...

25 September 2020

From: Breaking News

Agents, conveyancers and movers pledge greater sales transparency

The cross-sector group looking at reforming the sales process has agreed a new pledge which it says introduces greater transparency for...

25 September 2020

From: Breaking News

Storming Ahead - high end properties still flying off the shelves

Two reports this morning suggest that activity in the most expensive sectors of the housing market is doing as well as...

25 September 2020

From: Breaking News

New sleaze allegation against Housing Secretary Robert Jenrick

The Times has revealed new allegations concerning the behaviour of Housing Secretary Robert Jenrick. The Cabinet member has been under the spotlight...

25 September 2020

From: Breaking News

Agents Do Charity - a reminder we’re here to help through the virus

Hello and welcome to the latest ADC, your regular Friday round-up of great work being done by agents, suppliers and others...

25 September 2020

From: Breaking News

Agencies and businesses offered new tax and jobs schemes

Chancellor Rishi Sunak has outlined his measures to help agencies and other businesses survive Coronavirus. His announcements - endorsed by both the...

24 September 2020

From: Breaking News

Propertymark names new leader for revamped organisation

Propertymark, which will from later this year combine both the National Association of Estate Agents and the Association of Residential Letting...

24 September 2020

From: Breaking News

Will agencies benefit from Sunak’s new ‘after-furlough’ measures?

Chancellor Rishi Sunak today reveals his latest measures to help businesses - including agencies, suppliers and other parts of the property...

24 September 2020

From: Breaking News

Self-employed agency model booming claims high end brand

The frenzied housing market and the uncertain wider economic outlook during the pandemic have combined to lead to a surge in...

24 September 2020

From: Breaking News

Portal promotes “free money” referral fees despite industry probe

One of the many new portals recently launched has made a pitch for agents to join because of its referral fees...

24 September 2020

From: Breaking News

New PropTech products aim to help transparency and Covid safety

New PropTech products continue to appear, many aimed at enhancing transparency in buying and selling, or helping agents adopt new ways of...

24 September 2020

From: Breaking News

Vendors spend extraordinary sums each day to sell their homes

Vendors spend an average £41 a day for 144 days when selling their home - but some spend a remarkable £140 a...

24 September 2020

From: Breaking News

Agents work just two-thirds of their maximum hours - claim

Figures drawn up by a property industry recruitment guru show that estate agents work only two thirds of the hours they...

23 September 2020

From: Breaking News

Record figures for leads to agents, claims free-to-list portal

One of the growing number of free to list property portals, Residential People, claims a record-breaking number of sales and letting...

23 September 2020

From: Breaking News

PropTech Today - why do PropTech companies fail?

I was giving an interview this week for an upcoming conference - yet another to convert from a physical to a...

23 September 2020

From: Breaking News

Agency behind Say No To Rightmove reveals High Street expansion

The regional agency group which master-minded the Say No To Rightmove campaign has made a big commitment to the future of...

23 September 2020

From: Breaking News

Government claims credit for housing market boom

The government claims its stamp duty holiday has supported nearly 750,000 jobs thanks to the ripple effect in the economy. A statement from HM...

23 September 2020

From: Breaking News

Confirmed: Agents WILL have to wear masks in branch offices

Prime Minister Boris Johnson has announced that all retail staff will be obliged to wear masks when working - and it's now...

22 September 2020

From: Breaking News

Agents back Rightmove allegation of logjams in conveyancing

Two agencies have entered the debate on whether the current frenzied housing market is seeing delays in completions. Yesterday EAT reported that...

22 September 2020

From: Breaking News

Purplebricks and Foxtons lead share price falls amid Covid worries

Share prices for many quoted estate agencies and property portals fell in trading as fears grew about Coronavirus. London-focussed agency Foxtons was one...

22 September 2020

From: Breaking News

Top agency emphasises importance of High Street branches

Connells Group has revealed seven appointments to its board of directors which it links directly with a target to grow presence and...

22 September 2020

From: Breaking News

Most owners believe their house price is static or falling - survey

A survey of over 2,300 home owners across the UK suggests market sentiment is mixed, with most doubting house prices have risen. The...

22 September 2020

From: Breaking News

Independent expands with new branch in key south of England location

Independent agency Sawyer & Co has announced the opening of a new branch in the Preston Park area of Brighton -...

22 September 2020

From: Breaking News

Vendors Beware! Sales taking month longer than usual to complete

Logjams in the mortgage, conveyancing and removal stages of house moving mean sales are taking much longer than usual, according to...

21 September 2020

From: Breaking News

Top agent becomes growth and compliance head in franchise group

The Property Franchise Group has named high-profile industry veteran Eric Walker as managing director of Martin & Co (South and Scotland).  Walker...

21 September 2020

From: Breaking News

Another agency group returns to Zoopla as portal celebrates growth

Another regional agency group has returned to Zoopla, attributing the move to the portal's “receptive audiences” amongst the house buying and renting...

21 September 2020

From: Breaking News

Franchise agency wants to sell £1m home for £1 - but with extras

A family-run agency which last year asked people to “make an offer” to buy a franchise is now claiming it will...

21 September 2020

From: Breaking News

House ‘sold’ in six days with no agent fees, claims quick buy firm

A quick buy firm boasting it has ‘sold’ a home within six days also says it now takes 140 days on...

21 September 2020

From: Breaking News

First time buyer affordability index may be most authoritative yet

A new league table drawn up by a property advice website may be the most authoritative yet for first time buyers...

21 September 2020

From: Breaking News

Absurdities of council tax laid bare in new league table

The irrationality of Britain’s council tax system has been laid bare in a new league table drawn up by estate agency...

21 September 2020

From: Breaking News

Third of sellers won't budge on asking price despite buyer requests

Almost a third of property sellers (29%) say they won't accept a lower offer for their property, according to new research. Online...

18 September 2020

From: Breaking News

Anti-Money Laundering: FCA criticised over lack of enforcement

The Financial Conduct Authority (FCA) has been criticised for its lack of enforcement of anti-money laundering (AML) legislation so far in...

18 September 2020

From: Breaking News

Star agent capitalises on post-lockdown relocations with new business

A highly-experienced former Savills agent has launched his own buying agency focusing on the prime country market in Surrey. The new company,...

18 September 2020

From: Breaking News

Office to residential conversion: new development is 'vote of confidence'

The green light for a vacant office building in the capital to be redeveloped into residential housing has been given after...

18 September 2020

From: Breaking News

Agents Do Charity - during an Indian summer...

Hello and welcome to the start of the weekend and that means it's time for Agents Do Charity. Each week, we publicise...

18 September 2020

From: Breaking News

No cuts: properties twice as likely to sell if asking price doesn't change

Property sellers are twice as likely to find a buyer for their property if the original asking price does not change,...

17 September 2020

From: Breaking News

Forty year-old regional agency reveals new name and branding

A North East agency, which first opened in 1977, has revealed a new identity with a new name and fresh branding. Thirlwells...

17 September 2020

From: Breaking News

Auction march continues - record summer for UK's largest auctioneer

The strong performance of the auction market in recent months has been reinforced by the latest figures from iamsold, the UK's...

17 September 2020

From: Breaking News

Agents warned over dark web password sales and data breaches

Estate agents and small businesses are being warned to take greater care over passwords to stop hackers breaking into their systems. David...

17 September 2020

From: Breaking News

Bucking the office trend: national agency secures huge Birmingham space

National property consultancy Carter Jonas has bucked the trend of remote working and closing branches to announce it has secured 12,000...

17 September 2020

From: Breaking News

Agents tell Housing Minister to 'get empty homes back in use'

NAEA Propertymark has written a letter to Housing Minister Christopher Pincher, asking what measures the government is taking to get more...

16 September 2020

From: Breaking News

House price growth could be halted by oversupply of property

The strong house price growth experienced in recent months could soon be 'marred' by oversupply, according to Home.co.uk. The property website says...

16 September 2020

From: Breaking News

Independent agency launches new brand to honour former boss

Independent estate agency Heywoods has undergone a major rebrand in honour of its former boss Chris Stops. Stops, 57, passed away in...

16 September 2020

From: Breaking News

Revealed - worrying number of buyers don't know what conveyancers do

Almost two fifths of property buyers don't know what conveyancers and solicitors do, according to new research. My Home Move Conveyancing's survey...

16 September 2020

From: Breaking News

Business Interruption Insurance: High Court rules in favour of agents

The result of a test case over Business Interruption Insurance involving agents has been handed down by the High Court. It has...

15 September 2020

From: Breaking News

Stamp duty: 'Zero likelihood' tax rise for overseas buyers will be scrapped

A tax expert says that there is 'zero likelihood' of the government changing its mind on stamp duty changes for overseas...

15 September 2020

From: Breaking News

Can iBuyer technology repair chains and reduce fall-throughs?

Ahead of the launch of a new iBuyer platform later this year, agents are being invited to attend two webinars hosted...

15 September 2020

From: Breaking News

Auction PropTech startup aims to streamline legal process for buyers

A new PropTech startup is giving prospective buyers the opportunity to receive due diligence at a fraction of the time and...

15 September 2020

From: Breaking News

Market records summer holiday slowdown following post-lockdown boom

The property market experienced a slowdown last month as a result of more people going on summer holidays, according to the...

15 September 2020

From: Breaking News

A third of home buyers denied a mortgage, new survey reveals

The scale of the problems facing many prospective buyers has been set out in a survey showing as many as one-third...

15 September 2020

From: Breaking News

Corporates and onliners lose market share to local firms - claim

Independent agents are busier than they have ever been thanks to the post-lockdown surge but larger corporates are actually losing market...

14 September 2020

From: Breaking News

Disgraced agent pays £110,000 compensation but must pay more

A disgraced former estate agent has paid his victims around £110,000 but must pay another £5,000 or so in the immediate...

14 September 2020

From: Breaking News

Property Jobs Today - the latest ins, outs, and moving abouts…

Hello and welcome to the new working week. Here’s the latest information on key hires across our industry: if you have similar...

14 September 2020

From: Breaking News

Portal sells stake to fund purchase of house price website

PropertyHeads, a portal which describes itself as the industry’s social network, has sold a three per cent stake partly to raise funds...

14 September 2020

From: Breaking News

OnTheMarket signs big-name housebuilder to new homes channel

OnTheMarket has signed up one of the country’s biggest house builders, Taylor Wimpey. The builder - which has 24 offices and covers...

14 September 2020

From: Breaking News

Agency networks to compete against each other for first time

A new customer service award category at The ESTAS will see agency networks competing against each other for the first time.  Networks...

14 September 2020

From: Breaking News

Rightmove’s loss “10 times any other top portal in the world”

Rightmove, which recently posted a 37 per cent drop in revenue for the first six months of 2020, has lost almost...

11 September 2020

From: Breaking News

Son of ex-Savills boss slams traditional buying agents as “outdated”

A buying agency targeting what it calls the “prime and super-prime” London market is offering clients not only a sourcing service, but also...

11 September 2020

From: Breaking News

New warning to estate agents over illegal price-fixing

The estate agency industry is still under the spotlight for possible illegal price fixing cartels according to the Competition and Markets...

11 September 2020

From: Breaking News

Agency undergoes management buyout after 25 years

An estate agency founded in 1995 has undergone a management buyout from two existing director. Westcoast Properties is a north Somerset firm,...

11 September 2020

From: Breaking News

Agents Do Charity - and there’s a special date for your diary …

Hello and welcome to the weekend and that means a charity-fix for all those agents and suppliers doing great fund-raising in these...

11 September 2020

From: Breaking News

New Covid clampdown will push people to sell says leading agent

A leading agent says the government’s new Coronavirus clampdown from Monday will push more home owners to sell. Caspar Harvard-Wills, a partner at...

10 September 2020

From: Breaking News

Record leads for OnTheMarket driven by ‘New & Exclusive’

OnTheMarket has this morning announced record leads during August, beating July’s previous record. The portal generated over two million leads in August, an...

10 September 2020

From: Breaking News

Business Interruption Insurance: date set for court case result

Agents involved in a test case over their Business Interruption insurance will know the result next Tuesday morning. The test case concluded...

10 September 2020

From: Breaking News

Profits and revenue slump for Winkworth as franchise interest slows

Franchise giant Winkworth has reported an 11 per cent drop in gross revenue and profit plummeting 20.2 per cent in the...

10 September 2020

From: Breaking News

High-end agency launches auctions to hedge bets in uncertain market

Knight Frank has launched an auction business to give vendors a wider range of sale options as market uncertainty remains because...

10 September 2020

From: Breaking News

Stamp duty surcharge - details emerge for non-resident purchases

The government has published draft legislation giving further details on the two per cent stamp duty surcharge on non-residents purchasing residential...

10 September 2020

From: Breaking News

Boomin - new portal snaps up Rightmove and Zoopla staff ahead of launch

The portal  set up by Purplebricks founders Michael and Kenny Bruce has revealed it's recruited Rightmove and Zoopla personnel and intends...

09 September 2020

From: Breaking News

PropTech Today: Is there any such thing as a portal war?

For a mixture of reasons, I now only write this column every two weeks. At first, I missed the weekly consideration...

09 September 2020

From: Breaking News

Ian Westerling - a legacy of Humberts, NAEA, PropTech and more

As many in the industry will know, Ian Westerling passed away last week at the age of 51: he was a...

09 September 2020

From: Breaking News

Hybrid agency outpaces High Street brands, company results show

Hybrid agency EweMove has outperformed its traditional sister companies within The Property Franchise Group over the past six months. That’s the clear...

09 September 2020

From: Breaking News

Coup for ESTAS as major agency group signs up to review platform

The ESTAS, which is fast establishing itself as a review platform as well as an awards network, has signed up the...

09 September 2020

From: Breaking News

PropTech offer for NAEA agents to work with start-ups

The National Association of Estate Agents is inviting members to join a panel reviewing new PropTech produced as a result of...

09 September 2020

From: Breaking News

Another US agency enters UK market with plan for 100 agents

Another US real estate agency wants to follow Keller Williams, Berkshire Hathaway and others by opening in the United Kingdom. Nest Seekers International...

08 September 2020

From: Breaking News

It's a record! Latest index reports price rise after buoyant summer

House prices rose again in August to reach a record high level according to Halifax, which is part of the Lloyds...

08 September 2020

From: Breaking News

Where do you appear? New league table shows listings per branch

A new league table shows how many listings exist per agency in 23 different cities across the UK.  The analysis looks at the...

08 September 2020

From: Breaking News

Guild selects 40 new agency members from 100 applicants

The Guild of Property Professionals says that in the past quarter it has had its highest number of new joiners on...

08 September 2020

From: Breaking News

Under half of agents say prices are up since lockdown - claim

A sentiment survey conducted amongst 585 estate agents by the OnTheMarket portal suggests fewer than half have witnessed price rises since...

08 September 2020

From: Breaking News

Surveyors slug it out: Revamped group wants to take on RICS

The Residential Property Surveyors’ Association appears to be taking on the Royal Institution of Chartered Surveyors in a battle for authority...

07 September 2020

From: Breaking News

Marcus Rashford criticises tweet from estate agency chairman MP

Hunters chairman Kevin Hollinrake - who is also a backbench Conservative MP - has been criticised on Twitter by Manchester United...

07 September 2020

From: Breaking News

Property Jobs Today - bumper bundle of new appointments

Hello, and if it’s the start of a new week it’s time for Property Jobs Today, giving you the inside track...

07 September 2020

From: Breaking News

“Bored” buyers lead to 20-month high in exchanges says top agency

Knight Frank says its analysis of the whole housing market across the UK shows that transactions in the final full week...

07 September 2020

From: Breaking News

Agents back investigation into “unfair sales tactics” over leasehold

NAEA Propertymark has thrown its weight behind a Competitions and Markets Authority investigation into whether consumer protection law has been broken...

07 September 2020

From: Breaking News

Purplebricks' founders 'not seeking external funding' for new portal

Property portal Boomin has been "courted by a range of potential backers" according to Sky News. The news service - which has...

04 September 2020

From: Breaking News

Watchdog launches probe into unfair sales tactics of leasehold homes

The Competition and Markets Authority is today opening enforcement cases focusing on the sale of leasehold homes by four leading housebuilders. They...

04 September 2020

From: Breaking News

Conveyancing log-jam warning from Rightmove, despite faster sales

Rightmove is warning of a conveyancing log-jam that may delay sales, despite the ongoing frenzy of activity and faster transactions for...

04 September 2020

From: Breaking News

Buyer beware? High numbers of purchasers disillusioned by process

Research by Zoopla has revealed the scale of the mistakes by and regrets for disillusioned home buyers. For large numbers of people...

04 September 2020

From: Breaking News

A lot less: Houses at auction achieve 40% less than via private treaty

With estate agents increasingly offering auction options to vendors, new research makes interesting reading - and suggests that homes sold via...

04 September 2020

From: Breaking News

Prime house prices to fall across Britain despite mainstream market surge

In the week the Nationwide recorded the UK’s highest ever average house price, high-end agency Savills has forecast that prime markets...

04 September 2020

From: Breaking News

Agents Do Charity - and we’re back to school at last…

For many agents it’s been a big week…not because of the surge of buyers, but because their children have returned to...

04 September 2020

From: Breaking News

Ground-breaking agent mentoring scheme wins lavish praise

A self-employed agent has gone public to lavish praise on the mentoring scheme which is part of the Agents Together charity. Cameron Carter,...

03 September 2020

From: Breaking News

Agents increasingly using ‘grey’ low-key marketing - claim

Estate agents are increasingly using low-key ‘grey’ marketing to avoid too many prospective buyers swamping them when homes go on sale. That’s...

03 September 2020

From: Breaking News

Record house prices likely to go higher still says leading agent

Record house prices recorded this week by the Nationwide index are set to go higher still according to a leading agent. Nationwide...

03 September 2020

From: Breaking News

Preparing for regulation of agents is key goal of new NAEA president

The new president of NAEA Propertymark says one of her key objectives for the year ahead is to prepare the industry...

03 September 2020

From: Breaking News

Independent agencies across the country buck trend by expanding

A south coast estate agency which has been operating since the 1980s has opened its seventh office.  Jacobs Steel’s latest branch is...

03 September 2020

From: Breaking News

Zoopla tells agents - we're free until January if you commit long-term

The battle between portals is hotting up again with Zoopla repeating its offer of free listings until January for agents committing...

02 September 2020

From: Breaking News

Furloughed mortgage and surveyor staff delay transactions - claim

A specialist property lender says transactions are being delayed by key staff being furloughed. Gareth Lewis, commercial director of property lender MT...

02 September 2020

From: Breaking News

Good News: Negative equity threat “far lower” than after 2008 recession

There’s good news from the think-tank the Resolution Foundation, which says the threat of negative equity because of the Coronavirus crisis...

02 September 2020

From: Breaking News

OnTheMarket’s financial advisers talk up company and new CEO

Two City consultancies instructed by OnTheMarket have talked up the company’s fortunes after the appointment of its new chief executive.  Shore Capital, which in...

02 September 2020

From: Breaking News

Bank of Mum and Dad still vital to house sales, figures show

Recent speculation that the so-called Bank of Mum and Dad would be playing a reduced role in the housing market has...

02 September 2020

From: Breaking News

Shock appointment: Ex-Foxtons man is OnTheMarket's new CEO

There’s been a surprise appointment as OnTheMarket chief executive. Instead of popular acting CEO Clive Beattie - who had made it known...

01 September 2020

From: Breaking News

Victim of notorious agency price fixing hits out at lack of refund

One of the victims of a notorious estate agency price fixing cartel has spoken out against one of the offenders.  Christina Davis...

01 September 2020

From: Breaking News

Boomin is only new portal that can rival Rightmove - top agent

One of the most experienced British estate agents says the new portal Boomin - expected to launch next month, October -...

01 September 2020

From: Breaking News

Big rises in property taxes expected to pay for virus spending

Hefty increases in taxes on the purchase and sale of holiday homes and buy to let properties are expected in the...

01 September 2020

From: Breaking News

US realtor says UK agents would earn more with multi-listing service

An American realtor who once predicted his company would have 5,000 UK estate agents working under its banner is now saying...

01 September 2020

From: Breaking News

Estate agents’ network links with part exchange operator

The agency affiliation group Relocation Agent Network is linking with HBB Solutions, a part exchange and ‘guaranteed purchase’ operator.  HBB says a...

01 September 2020

From: Breaking News

Agents ‘taught not to quote VAT on fees’ claims insurance firm

An insurance firm claims estate agents are taught not to quote VAT in fees until the final bill. A statement from Admiral...

28 August 2020

From: Breaking News

50% of property professionals expect pay rise despite recession

A new study reveals that two thirds of property professionals expect a pay rise in the next 12 months, despite Coronavirus and the recession. Of 1,100 professionals questioned...

28 August 2020

From: Breaking News

New high-end branch to seek more agents as it expands

Fine & Country has revealed its latest branch - a West Wales office opening for business on Tuesday. It will initially cover...

28 August 2020

From: Breaking News

Labour to spend two years debating property and housing issues

Labour’s shadow housing minister has revealed that it will be two years at least before the party sets out its long-term...

28 August 2020

From: Breaking News

Agents Do Charity - and there’s a long weekend here at last…

You might be forgiven for thinking we’ve been cheated out of our Bank Holidays this year, as so many fell during...

28 August 2020

From: Breaking News

Secret portal from Purplebricks founders wins praise from Rightmove critics

The Say No To Rightmove campaign has given a thumbs up to the new Boomin listings service created by the brothers...

27 August 2020

From: Breaking News

Boom! 13-year high for number of sales agreed per agency branch

If yet more proof were needed of the housing boom this summer, NAEA Propertymark says its sales agreed data suggests a...

27 August 2020

From: Breaking News

Free-to-list portal secures record visits in bid to rival Rightmove and Co

OneDome, which operates two free-to-list property listing sites, says it’s had a record month as it strives to build an alternative...

27 August 2020

From: Breaking News

Houses selling much faster than flats according to Zoopla data

Figures from Zoopla quantify how Coronavirus is changing the market, with houses selling significantly faster than flats. The latest market report from...

27 August 2020

From: Breaking News

Former agency owner launches training and coaching consultancy

A former agency director and owner with three decades of experience in the industry has set up a coaching and training...

27 August 2020

From: Breaking News

Agency identifies ‘recession-resistant’ locations in bid to ease fears

With the UK officially in what has been described as the single worst national recession in the world, one agency has...

27 August 2020

From: Breaking News

Are our fees too low? British agents amongst cheapest in the world

New research suggests that British estate agents charge some of the lowest fees in the world. Based on an apparent British average...

26 August 2020

From: Breaking News

Another self-employed agency model boasts of 100 new recruits

The battle between rival self-employed agent business models continues apace with eXp UK - set up last autumn - announcing it...

26 August 2020

From: Breaking News

Agent expelled by Ombudsman for failing to pay award to seller

An agency that has now closed down has been expelled by The Property Ombudsman for failing to pay an award of...

26 August 2020

From: Breaking News

PropTech Today: start-ups win investor backing in changing world

An overview of the global PropTech sector is often what I am asked to cover at conferences around the world. This generally...

26 August 2020

From: Breaking News

Rightmove says demand is rocketing in every region of the UK

Data from Rightmove shows that demand is up 61 per cent compared to the same period last year - and the...

26 August 2020

From: Breaking News

No experience needed? Agency defends recruiting from outside industry

One of the UK’s market centres set up by US-led agency Keller Williams has strongly defended its policy of recruiting newcomers...

25 August 2020

From: Breaking News

New PropTech reviews site aims to be agents’ go-to service

A new website aims to be the go-to service for agents who want reviews to help them assess the usefulness of...

25 August 2020

From: Breaking News

Vroom with a view - investment homes for sale at Silverstone

A developer working in collaboration with Silverstone race circuit is creating homes inside the track, near one of the motor racing...

25 August 2020

From: Breaking News

275,000 sign up for portal programme about moving house

Some 275,000 subscribers have signed up for the latest Zoopla email education programme under the Zooploma banner. This one is aimed at...

25 August 2020

From: Breaking News

Agency breaks tradition by holding first-ever August auction

In another sign of the buoyant housing market, estate agency Savills is breaking tradition by staging its first ever August auction...

25 August 2020

From: Breaking News

£73,000 defrauded from Countrywide branch - culprits go free

Over £73,000 has been stolen from a Countrywide branch by two admin staff making false travel claims and issuing fake invoices. The crimes...

24 August 2020

From: Breaking News

Ex-Countrywide man launches “world’s most intelligent” portal

A new portal launches today with 100,000 listings and a pledge to target buyers largely ignored by established websites - investors. It’s...

24 August 2020

From: Breaking News

Zoopla wins £50k free advertising for ‘out of lockdown’ campaign

Zoopla has been awarded £50,000 of premium ad space with the Telegraph Media Group in recognition of a campaign to help the UK...

24 August 2020

From: Breaking News

Property Jobs Today - latest moves in and across our industry

Hello and welcome to the latest edition of PJT, the industry’s summary of new movers. Of course many agencies are reassessing their...

24 August 2020

From: Breaking News

Transactions - there’s good news and there’s bad news…

The scale of the market bounce back after lockdown is made clear in new figures from HM Revenue & Customs. It registers...

24 August 2020

From: Breaking News

It’s a trap! Stamp duty holiday could lead to property taxes - claim

A prominent industry figure says the current stamp duty holiday could effectively be a trap to lure in buyers who will...

21 August 2020

From: Breaking News

Chinese buyers surge to UK - because of stamp duty or Hong Kong?

The stamp duty holiday running until March next year has triggered a surge in interest in UK property from Hong Kong...

21 August 2020

From: Breaking News

Supply of homes might dry up after “unprecedented” buyer demand

The supply of homes coming to the market could struggle to meet the demand from buyers shown in recent weeks, with...

21 August 2020

From: Breaking News

Housing Secretary Jenrick confident of keeping job in reshuffle

Controversial Housing Secretary Robert Jenrick, tipped by some for sacking when the Cabinet is reshuffled next month, appears to be confident...

21 August 2020

From: Breaking News

Agents Do Charity - more fund-raising good deeds

Hello and welcome to the weekend - if it’s Friday, it’s Agents Do Charity day as we pay tribute to fund-raisers...

21 August 2020

From: Breaking News

Instagram Offices - send us your end-of-summer team photos!

Whisper it quietly but in just 10 days time we have the final Bank Holiday before Christmas. We would like to mark...

20 August 2020

From: Breaking News

Countrywide Civil War: company hits back at shareholder’s claim

Countrywide has rejected a claim by one of its biggest shareholders that it does not engage with investors over future strategy...

20 August 2020

From: Breaking News

Coronavirus market impact - house moves down by a third

The number of people moving home dropped by almost a third in the first half of 2020, as the global pandemic...

20 August 2020

From: Breaking News

Agents urged to go appointments-only in one-person offices during Covid

Agents are being advised to operate an appointments-only system if they have offices with only one person on duty during the...

20 August 2020

From: Breaking News

Women In Residential Property - group grows during lockdown

The networking organisation Women in Residential Property has grown to over 300 members - its highest ever total.  Launched three years ago...

20 August 2020

From: Breaking News

PropTech platform claiming to halve transaction time wins cash boost

A PropTech platform that claims to halve the time a transaction takes has received a huge cash injection from investors for...

20 August 2020

From: Breaking News

Major Countrywide shareholder demands “bold action to save company

One of Countrywide’s biggest shareholders has written a second letter to the company to demand bold action to save the agency...

19 August 2020

From: Breaking News

Online agency sells ‘fall-through insurance’ after 100 deals collapse

An online agency says it’s offering its customers a kind of ‘fall-through insurance’ after over 100 deals collapsed between mid-March and...

19 August 2020

From: Breaking News

Vendors warned not to jump the gun on ditching London for the sticks

A leading buying agency is warning sellers and buyers not to jump the gun and abandon London in the belief that...

19 August 2020

From: Breaking News

Agents Offices: mandatory face masks, no TVs or music in Scotland

Estate agents’ offices have been explicitly mentioned by the Scottish Government as locations where face masks must now be worn by...

19 August 2020

From: Breaking News

Barking mad idea for how to identify Japanese Knotweed

One of the most prominent companies involved in identifying and treating Japanese Knotweed has recruited a new member of the team...

19 August 2020

From: Breaking News

Purplebricks bonus bonanza despite anti-money laundering blunder

If anyone thought the days of Purplebricks bosses making millions were in the past,  think again. The chief executive and chief finance...

18 August 2020

From: Breaking News

New online agency launches with fees from £249

A new agency called Eazy Agent has launched - it’s another online operation, this time with a starting price of £249. For...

18 August 2020

From: Breaking News

ESTAS ends 10 year relationship with Zoopla

Customer review and awards platform the ESTAS is parting company with headline partner Zoopla after 10 years. The founder of The ESTAS...

18 August 2020

From: Breaking News

Multi-agency sales operation wins high-profile new investor

An unusual property sales concept, which signs up vendors and then effectively sub-contracts their sales to strongly-performing local estate agents, has...

18 August 2020

From: Breaking News

Official UK House Price Index returns this week

You may not actually have missed it, but the UK House Price Index - the official government index - returns this...

18 August 2020

From: Breaking News

Rightmove Boom: All-time high for sales agreed in a month

Rightmove’s latest house price index shows the highest number of sales agreed in a month for over a decade. It’s 20 per...

17 August 2020

From: Breaking News

Buy Purplebricks shares, urges investment bank in latest turnaround

Swiss bank UBS has upgraded its investment rating on Purplebricks, raising its price target and urging investors to buy. In a note...

17 August 2020

From: Breaking News

Property Jobs Today: Movers and shakers and new appointments

Hello and welcome to the latest edition of PJT - we know some agencies are reshaping their structures and downsizing but this...

17 August 2020

From: Breaking News

Selling apartments? It might be more difficult from today…

One of the country’s highest-profile mortgage lenders, HSBC, is restricting loans on apartments from today. Only buyers of flats who have a...

17 August 2020

From: Breaking News

Digital hub claims to shorten transaction times and offer referral fees

A digital resource hub for estate agents claims to shorten transaction times. Sort Move, which has been operating since late 2019,...

17 August 2020

From: Breaking News

Zoopla’s new TV ad - portal wants to know what agents think

Zoopla says it wants to know what agents think of its new TV advert which airs from tomorrow but can be...

14 August 2020

From: Breaking News

Cheap and nasty Purplebricks - why it didn't work down under

A leading expert on estate agency and the housing market in Australia has lifted the lid on how Purplebricks failed down...

14 August 2020

From: Breaking News

Asking prices rise in every region for third successive month

Asking prices are up again for a third consecutive month in all English regions and across Scotland and Wales.  The measurement, from...

14 August 2020

From: Breaking News

Land Registry unveils latest digital upgrade for agents and others

HM Land Registry customers - including agents and conveyancers - can now manage all of their applications and correspondence including notices,...

14 August 2020

From: Breaking News

Agents Do Charity - what we'd give for a mud bath!

Hello and welcome to Agents Do Charity, a weekly round-up of news as the industry continues fund-raising even in these challenging...

14 August 2020

From: Breaking News

Estate agency pioneers ‘Covid-era’ benefits and perks package

London agency JOHNS&CO says the performance of its staff during the Coronavirus period has led it to launch what it regards as...

13 August 2020

From: Breaking News

Warning bell rings - market boom could lead to bust, says RICS

The latest market snapshot by the Royal Institution of Chartered Surveyors warns the current boom may not continue as government support measures...

13 August 2020

From: Breaking News

Agents told to use Kickstart scheme to encourage talent at no cost

The government’s new Kickstart scheme is the ideal way for agents to encourage new talent without incurring any cost. That’s the view of The...

13 August 2020

From: Breaking News

Fewer jobs advertised for agents as industry climbs out of lockdown

The number of jobs advertised as available in the UK real estate sector plummeted from 14,000 at the end of the...

13 August 2020

From: Breaking News

First time buyers lose out whatever happens to house prices - claim

Many young people are stuck unable to purchase their first home even if house prices fall in the wake of the...

13 August 2020

From: Breaking News

The agency that stood by its staff even as profits tumbled

Connells Group has announced its trading statement for the first half of 2020 - and its support for its staff is...

12 August 2020

From: Breaking News

Agents must check where customers holidayed - compliance guru

Agents should check where buyers and sellers have been on holiday as part of their approach to safety during the Coronavirus...

12 August 2020

From: Breaking News

PropTech Today: why don't agents encourage people to swap not sell?

I want to talk to you about new ways to sell homes. Let's not encourage people to sell but just swap...

12 August 2020

From: Breaking News

The latest way to boost asking price: set up a home office

A home office set up in a dedicated room apparently adds £17,500 to the value of a property. Direct Line Insurance has...

12 August 2020

From: Breaking News

Countrywide share price rises 125% in three months

Is Countrywide finally on the road to recovery? Its share price has risen 125 per cent in the past three months; much of...

12 August 2020

From: Breaking News

New agency charges buyers not sellers, through reservation fees

A property developer has set up an estate agency that charges no commission to sellers but instead levies a non-refundable reservation...

11 August 2020

From: Breaking News

Nationalists attack agency for using English version of house name

A row is brewing over an agency which acted on a vendor’s request to use the English version of a house...

11 August 2020

From: Breaking News

Stamp duty holiday producing more house moves says agency

The share of owners putting their homes on the market within five years of buying is rising again according to an...

11 August 2020

From: Breaking News

Independent agency joins national franchise chain

Hunters has announced the launch of an additional franchise office at Torquay in Devon. The branch is a conversion of local independent...

11 August 2020

From: Breaking News

ESTAS strengthens reviews link with Guild of Property Professionals

Reviews and awards platform ESTAS has announced that it’s now the preferred partner of the Guild of Property Professionals.  “Over the past...

11 August 2020

From: Breaking News

Purplebricks still too risky an investment, warns expert

An investment adviser says Purplebricks remains “far too risky” for investors even though it now has “a fighting chance of survival”. Rodney...

10 August 2020

From: Breaking News

Make stamp duty holiday permanent suggests top agency

Knight Frank says the stamp duty holiday for properties at £500,000 and below should be made permanent. The holiday is due to...

10 August 2020

From: Breaking News

Independent agents offered live-streaming PropTech platform

The Federation of Independent Agents has announced its latest partnership - this time with a live-streaming viewing service called Gavl. The platform...

10 August 2020

From: Breaking News

Agency group wins exclusive marketing deal with developer

The Sequence Group is to be the sole selling agent for RoyaleLife, the country’s largest builder of bungalows, exclusively aimed at...

10 August 2020

From: Breaking News

Pent up demand and stamp duty holiday push up prices - Halifax

Agents have been understandably delighted at the latest Halifax index which shows house prices posting their biggest gain of the year...

10 August 2020

From: Breaking News

Just the ticket? House raffles creating legal minefield says lawyer

Property raffles are a legal minefield and many are too good to be true, according to a leading lawyer. There has been...

10 August 2020

From: Breaking News

Agents stay loyal to Rightmove but it suffers revenue and profits dive

Almost all estate agents are still saying Yes to Rightmove, according to figures produced by the portal this morning. Membership numbers for...

07 August 2020

From: Breaking News

Zoopla’s biggest-ever marketing campaign takes fight to Rightmove

Zoopla has revealed details of its biggest ever marketing campaign in a bid to cash in on agents’ growing dissatisfaction with...

07 August 2020

From: Breaking News

Confirmed: 30% discount for first time buyers under new scheme

Housing Secretary Robert Jenrick has confirmed that the First Homes scheme will provide newly built homes at a 30 per cent...

07 August 2020

From: Breaking News

High-end agency latest to report slump in revenue and profits

The UK residential activities of high-end agency Savills suffered a 54 per cent reduction in profits and an eight per cent...

07 August 2020

From: Breaking News

Agents Do Charity - on a “phew, what a scorcher!” weekend

It’s hotting up out there as a beautiful summer’s weekend beckons - an ideal time for some fund-raising in the sun,...

07 August 2020

From: Breaking News

Average sale price is £13k below asking, new survey shows

The proportion of the asking price achieved on average in the past year is 95.8 per cent according to a new survey. Comparison...

06 August 2020

From: Breaking News

Revealed: where people want to live (and where they want to leave)

It’s probably not a surprise but new research has revealed where people want to move to - as well as where...

06 August 2020

From: Breaking News

Raffle produces winner of £500,000 London apartment plus car

House raffles and similar competitions have become mired in controversy in recent years, thanks to some of them failing to abide by...

06 August 2020

From: Breaking News

Agency's new remote auction technique heralded as major success

Savills has held its fourth remote auction, raising some £32m with an 82 per cent success rate - making it the...

06 August 2020

From: Breaking News

Leaseholders advised not to wait for reform - it could take years

Wholesale reform of leasehold issues is still some years away, despite recent proposals by the Law Commission and pledges by the...

06 August 2020

From: Breaking News

PropTech firm swipes at Purplebricks over property measurements

A PropTech firm that regularly claims London homes are mis-measured in property descriptions has taken a swipe at Purplebricks. Pupil, a spatial...

05 August 2020

From: Breaking News

Top agency group “increasingly optimistic” about market despite Covid

The chairman of LSL Property Services - Simon Embley - says he is “increasingly optimistic” about the outlook for the market,...

05 August 2020

From: Breaking News

Some London prices could drop 10% this year warns agency

Strutt & Parker is warning that in a worst-case scenario house prices in some locations could drop 10 per cent this...

05 August 2020

From: Breaking News

Online agencies and independents grab larger market share

A survey of estate agents’ market share post-lockdown indicates significant advances for independent agencies and online operators. TwentyCi, a data consultancy, says...

05 August 2020

From: Breaking News

Rightmove and OnTheMarket slug it out to win agent support

Rightmove and OnTheMarket have revealed their latest bids to keep agent support. Rightmove is launching an extensive redesign of property details pages, after...

05 August 2020

From: Breaking News

Online auction option relaunched by Guild after 1,000 sales

The Guild of Property Professionals is relaunching its online auction brand - Guild Auctions - even though it has already successfully...

05 August 2020

From: Breaking News

PropTech Today: New features suggest move into CRM space for Lifesycle

New information has come to light which suggests that a leading marketing platform may be planning to step into the CRM...

05 August 2020

From: Breaking News

Rightmove’s new finance chief joins on huge salary and bonus potential

Rightmove’s new chief financial officer has a basic salary of £390,000 plus bonus options coming to a potential total of £1.75m. Alison Dolan has...

04 August 2020

From: Breaking News

Furlough Fraud: HMRC targets property firms for investigation

A law practice says HM Revenue & Customs is launching a probe into companies that have allegedly abused the Coronavirus furlough...

04 August 2020

From: Breaking News

New portal reveals charges to agents plus extra for multi-listing service

The new portal OpenBrix, which is powered by Blockchain, has revealed its fee structure ahead of its formal launch on September...

04 August 2020

From: Breaking News

Purplebricks refunds widow after press intervenes in case

An intervention by a magazine has led to Purplebricks refunding the up-front fee to a seller whose husband died suddenly and...

04 August 2020

From: Breaking News

New PropTech platform allows “revolutionary” multi-listing service

A new PropTech platform says its central feature will be the launch of a Multiple Listings Service.  This will allow agents “to...

04 August 2020

From: Breaking News

BBC presenter mocks agent for asking vendor to remove fridge magnets

A BBC presenter has used her local newspaper column to mock an estate agency for suggesting fridge magnets be removed to improve...

04 August 2020

From: Breaking News

Purplebricks delays changes to fees structure until the autumn

    Purplebricks says changes to its fees structure - possibly becoming less reliant on controversial upfront charges - has been delayed until...

03 August 2020

From: Breaking News

Phil Spencer: agents can capitalise on an improving public image

Agents have long been the victim of a poor public reputation, from scoring highly in most disliked profession polls to being...

03 August 2020

From: Breaking News

Redundancies at OnTheMarket ‘under consideration’ admits portal

OnTheMarket has confirmed it is “considering” making redundancies - the second of the large portals to be in this position. Rumours have been...

03 August 2020

From: Breaking News

New exec charged with making agency UK’s ‘largest premium brand’

A new director has been appointed at Fine & Country charged with achieving the corporate goal of “becoming the largest premium...

03 August 2020

From: Breaking News

Now prices are going UP again, says latest Nationwide index

The Nationwide says annual house price growth has recovered to 1.5 per cent. Its July house price index says the fall in...

03 August 2020

From: Breaking News

Business Interruption Scandal: agents await decision on pay-out

Agents are awaiting the outcome of a test case regarding Business Interruption Insurance, which may determine whether they receive thousands of...

31 July 2020

From: Breaking News

Agency backs For Sale boards and wants lion’s share of the market

The debate over whether For Sale boards remain a valuable source of publicity has been in the headlines of late -...

31 July 2020

From: Breaking News

Prime London market improving despite transactions slump - bank

A housing market snapshot for prime London shows a fall of over half in the number of £1m-plus properties sold so...

31 July 2020

From: Breaking News

Broadband is ever-more important to buyers, survey shows

A new study confirms the growing trend of buyers wanting good broadband links - and the possibility that homes without them...

31 July 2020

From: Breaking News

Agents Do Charity - and a special message from Agents Giving…

Hello: if it’s Friday it’s charity day and this week we have a special announcement from the industry’s own charity, Agents...

31 July 2020

From: Breaking News

OnTheMarket boost as 14,000 agency branches and developments list

A statement by OnTheMarket this morning reveals that as of the end of last month it had a record 14,000 advertisers...

30 July 2020

From: Breaking News

Anti-Rightmove agencies sign up to free-to-list challenger portal

OneDome has released a list of High Street agencies that have signed up to its free-to-list portal and sister website Nethouseprices  -...

30 July 2020

From: Breaking News

Agents’ delight as mortgage lending bounces back

Mortgage approvals - a key indicator of short-term activity in the housing market - beat expectations in June according to Bank...

30 July 2020

From: Breaking News

Here we go again - Help To Buy looks likely to be extended

Government leaks to mainstream and building trade media suggest the controversial Help To Buy scheme will be extended beyond its end-of-2020 deadline. An...

30 July 2020

From: Breaking News

Agencies use lockdown to sign up to Fine & Country

Fine & Country has announced it signed a string of agencies to its brand during lockdown. Most F&C agents members are High...

30 July 2020

From: Breaking News

Hong Kong buyers double in number in five weeks, agency reports

The number of Hong Kong buyers looking at property in London has doubled in just five weeks according to an agency...

30 July 2020

From: Breaking News

Purchase tax on some UK prime homes now amongst lowest in Europe

Chancellor Rishi Sunak’s stamp duty holiday means prime property in the UK now enjoys lower tax rates than most European countries. Buyers...

30 July 2020

From: Breaking News

New Purplebricks board member is one of world’s top digital execs

Purplebricks has revealed that its new board member is one of the world’s leading digital executives.  Dr Stephanie Caspar is the new...

29 July 2020

From: Breaking News

PropTech Today: Agents’ Boards - are they protected from technology?

Steve, his name was. Steve, the board man. A rather frightening man, if truth be told. When I started at Foxtons, he used...

29 July 2020

From: Breaking News

Vendors’ homes listed on Rightmove for free by mortgage website

A new website that describes itself as an estate agency says it wants to “empower people to sell their own home”...

29 July 2020

From: Breaking News

Big rise in complaints to fast-growing Property Redress Scheme

There’s been a very large rise in the number of complaints submitted by consumers to the Property Redress Scheme. This is partly...

29 July 2020

From: Breaking News

Rightmove quantifies how much a south-facing garden adds to price

Rightmove says a study of some 400,000 homes on its portal has revealed that those with a coveted south-facing garden have...

29 July 2020

From: Breaking News

Revealed: Agencies’ top website hits and social media followings

A new analysis of corporate estate agencies’ social media followings and websites shows the big winners to be Savills, Foxtons and...

28 July 2020

From: Breaking News

Foxtons claims over £4m of government help - trading statement

A trading statement from Foxtons this morning reveals that 85 per cent of staff are now off furlough, and that the...

28 July 2020

From: Breaking News

People quitting London for the country is overstated, suggests Zoopla

Zoopla says while there may be speculation about people fleeing London and big urban areas for the countryside, the evidence suggests...

28 July 2020

From: Breaking News

Faster conveyancing? Land Registry accepts electronic signatures

HM Land Registry is now accepting witnessed electronic signatures on documents for the  transfer of ownership of property, the creation of...

28 July 2020

From: Breaking News

Can you lead Propertymark? You have one week to apply

Do you want to run the newly-merged Propertymark, embracing both the National Association of Estate Agents and the Association of Residential Letting...

28 July 2020

From: Breaking News

Market still booming according to latest agents’ snapshot

The housing market is still booming according to data released by the National Association of Estate Agents Propertymark - although the...

28 July 2020

From: Breaking News

Vendor resorts to raffle after traditional sale falls through

A vendor who suffered a fall-through on the sale of his five bedroom home in West Yorkshire is now trying to...

28 July 2020

From: Breaking News

Nothing wrong with 'Commisery' says unrepentant Michael Bruce

A founder of Purplebricks, Michael Bruce, suggests there was nothing wrong with the controversial Commisery TV ads that contributed to making...

27 July 2020

From: Breaking News

Facebook Live gets up to 45,000 visits per property for agent

An agent in Hertfordshire says he routinely secures 5,000 visits to ‘live open houses’ on Facebook Live, and have on one...

27 July 2020

From: Breaking News

Record number of property firms suffer ‘Red Flag’ financial distress

There’s a record number of property industry companies, including agencies, in financial distress according to the latest Red Flag alert monitor. The...

27 July 2020

From: Breaking News

Another Spicerhaart brand wants agents working remotely

Butters John Bee, one of the oldest agency brands in the UK, is the latest part of the Spicerhaart group to...

27 July 2020

From: Breaking News

National Crime Agency bans three homes from being sold

National Crime Agency officers working as part of a Paramilitary Crime Task Force have searched a home in Belfast and have...

27 July 2020

From: Breaking News

Portal Wars hot up with Zoopla claiming surge in leads to agents

Zoopla says its sale and vendor leads have reached a 2020 high, beating volumes delivered even during the strong start to the...

27 July 2020

From: Breaking News

We’re the fastest growing agency in UK, boasts US-owned firm

The chief executive of the UK operation of a US-owned brand says his agency its the fastest growing in this country...

24 July 2020

From: Breaking News

Tax grab on house values proposed in new 'Property CGT'

Tens of billions of pounds of new taxes should be levied through a Capital Gains Tax imposed on main homes, not...

24 July 2020

From: Breaking News

New portal by-passes agents and charges sellers to list

A new property website relying heavily on Artificial Intelligence allows sellers to by-pass estate agents and instead list directly for £14.99...

24 July 2020

From: Breaking News

Face Coverings in Branches - agents given new guidance

New guidance on face coverings for agents working in branches, and for those dealing directly with visitors, was issued last evening. A statement...

24 July 2020

From: Breaking News

Hybrid EweMove outshines traditional agencies, suggests parent firm

The EweMove hybrid agency has been singled out for special praise in a trading statement from its parent company, which also...

24 July 2020

From: Breaking News

Agents Do Charity - as the summer heat is on…

Agents Do Charity - as the summer heat is on… It’s hotting up outside and while this is set to be a...

24 July 2020

From: Breaking News

New Purplebricks fees structure likely to be revealed next month

It is widely expected that Purplebricks will shortly reveal the result of an experiment with a number of different pricing strategies. The...

23 July 2020

From: Breaking News

Stamp Duty Holiday giving southern England biggest boost - Zoopla

Zoopla's Research and Insight Director Richard Donnell writes: Just over a fortnight on since the Chancellor announced the Stamp Duty holiday and...

23 July 2020

From: Breaking News

Foxtons office damaged by political agitators - four arrested

A branch of London agency Foxtons has been targeted by a group of political agitators called Beyond Politics, which says it’s...

23 July 2020

From: Breaking News

Agents must show “greater diligence” dealing with Russian buyers

NAEA Propertymark is calling on agents to show “greater diligence” when dealing with Russian buyers, in the light of the report...

23 July 2020

From: Breaking News

Reservation Agreement PropTech free to agents - not to consumers

A PropTech platform that aims to lock-in sellers and buyers via a mutually agreed reservation agreement system is being offered free...

23 July 2020

From: Breaking News

Purplebricks founders reveal name of new ‘portal’ project

Purplebricks founders Michael and Kenny Bruce have revealed the name of their new property venture.  It’s to be called Boomin. There are still few specific...

22 July 2020

From: Breaking News

Purplebricks: another complaint prompts watchdog to intervene

Purplebricks has changed the wording of an advertisement on its website after a watchdog stepped in following a complaint. According to the...

22 July 2020

From: Breaking News

Countrywide: who will be the next leader of ailing company?

The hunt is on for a new boss of Countrywide according to news reports. Sky News says the company has recruited professional...

22 July 2020

From: Breaking News

Going Up: two-storey extensions allowed without full consent

Home owners in England will be entitled to add up to two storeys to the height of their home via a...

22 July 2020

From: Breaking News

Is the housing market really storming ahead as some say?

Agents have almost unanimously been reporting a big surge in business since the reopening of the housing market, but new figures...

22 July 2020

From: Breaking News

Leading trainer launches range of online modules spanning industry

One of the industry’s leading trainers and consultants has launched a range of 15 new online training modules covering sales skills,...

22 July 2020

From: Breaking News

990-year lease extensions could help end leasehold scandal

The long-awaited proposals for leasehold reform produced by the Law Commission suggests giving owners the right to extend their lease for...

22 July 2020

From: Breaking News

“Busy Bodies!” - agent slams industry leaders writing code of conduct

The new code of conduct for estate agents has been dismissed as “a waste of time” - and the senior industry...

21 July 2020

From: Breaking News

Capital Gains Tax Threat: new warning it could hurt housing market

Large scale increases in and changes to the Capital Gains Tax regime could seriously hurt the housing market, a senior figure...

21 July 2020

From: Breaking News

New guidance for agents on how to spot domestic abuse

Propertymark is working with an organisation called the Domestic Abuse Housing Alliance to inform agents how to sport signs and respond...

21 July 2020

From: Breaking News

Portal says mortgage applications much faster with new software

The mortgage arm of a regional property portal has launched pre-approval software which it claims will significantly speed up the initial...

21 July 2020

From: Breaking News

Big day for Leasehold reform as Law Commission issues reports

It’s a big day for leasehold reform today with the Law Commission due to publish three residential leasehold and commonhold reports. They...

21 July 2020

From: Breaking News

Leading online agency Housesimple rebrands with immediate effect

The online agency Housesimple has rebranded to become 'Strike' with immediate effect. The news comes as a surprise given the apparent success...

20 July 2020

From: Breaking News

Regulation of Agents: consultation opens on new Code of Conduct

Agents now have a chance to say what they think should be in a new Code of Conduct being discussed following...

20 July 2020

From: Breaking News

Capital Gains Tax - could it be applied to first homes over £500,000?

Speculation is mounting that Capital Gains Tax could for the first time be applied to gains made when owners sell first...

20 July 2020

From: Breaking News

See you in court! Business Interruption Insurance scandal case begins

An eight day court hearing kicks off this morning as the Financial Conduct Authority begins a test case regarding Business Interruption...

20 July 2020

From: Breaking News

Rightmove says no to massive windfall from taxpayers

Rightmove says it’s going to reject over £150,000 in payouts from the government's Coronavirus Job Retention Scheme. The portal furloughed 160 employees...

20 July 2020

From: Breaking News

Property Jobs Today - more new appointments in our industry

Hello and welcome to another week. We’re more than aware that it’s a challenging time for our industry as for most...

20 July 2020

From: Breaking News

Sales volumes turbocharged by stamp duty holiday, says Rightmove

Rightmove is reporting a mini-boom that was existing even before the stamp duty holiday - enough to propel average asking prices...

20 July 2020

From: Breaking News

Agents Boards: Labour council wins government help for stiff controls

A London Labour council has won draconian powers to effectively ban For Sale and To Let boards in several parts of...

17 July 2020

From: Breaking News

 Tragedy of young estate agent’s death - open verdict returned

An open verdict has been returned on the death of an estate agent whose body was spotted just 10 metres away...

17 July 2020

From: Breaking News

Record after record! Agency sees activity surge but doubts remain

Knight Frank has reported a remarkable set of figures for June showing how the housing market has bounced back with a...

17 July 2020

From: Breaking News

Streamlined completions promised by latest PropTech platform

Another new PropTech platform claims it can streamline the completion process - this time by coordinating the work of estate agents...

17 July 2020

From: Breaking News

Agents Do Charity - and you really are a generous lot!

Hello and welcome to the end of the week and the prospect of a sunny weekend. We appreciate fund-raising is difficult with...

17 July 2020

From: Breaking News

What next for Purplebricks after latest international sell-off?

Purplebricks’ sale of its Canadian operation for some £35m begs the question - where can it now recoup some of its losses...

16 July 2020

From: Breaking News

Agents slammed for failing to protect staff and clients in virus crisis

The estate agency industry has been sharply criticised for its record on protecting staff and customers during the Coronavirus crisis. The compliance...

16 July 2020

From: Breaking News

Boom for mortgage searches indicates strong housing market

Tuesday of this week was the busiest day of the year so far for searches for mortgages - widely seen as...

16 July 2020

From: Breaking News

Biggest monthly asking price rise for six years, says latest index

The latest monthly index suggests that the average asking price in England and Wales has jumped 1.5 per cent in the...

16 July 2020

From: Breaking News

Stamp Duty holiday ends ‘one of few advantages for young buyers’

A think tank says the stamp duty holiday introduced a week ago is understandable and may be helpful to the housing...

16 July 2020

From: Breaking News

Purplebricks sells its Canadian business for £35m

Purplebricks is selling its Canadian business. The sale comes little over a year after the troubled agency closed both its failed Australian and...

15 July 2020

From: Breaking News

Zoopla to promote online Modern Method of Auction to agents

Zoopla has entered into a partnership with an online platform to promote the so-called Modern Method of Auction option to estate...

15 July 2020

From: Breaking News

PropTech Today: We need long-term visions, not short-term fixes

With stamp duty cuts and 90% mortgages on their way back, anyone could think the housing market was about to go...

15 July 2020

From: Breaking News

Agent breaks ranks and calls stamp duty holiday “cowardly”

A London estate agent has broken ranks with much of the industry and instead of welcoming the stamp duty holiday has...

15 July 2020

From: Breaking News

Facemasks: Propertymark hints that agents may have to wear them

More than 24 hours after the government's announcement about the compulsory wearing of facemasks by shoppers in England, and there is...

15 July 2020

From: Breaking News

New home sales duty takes effect today north of the border

The new thresholds for the Scottish equivalent of stamp duty come into effect today - a week after the SDLT holiday...

15 July 2020

From: Breaking News

A new portal? Purplebricks founder launches project with ex-Reapit boss

The founder of Purplebricks, Michael Bruce, has this morning revealed his new project to be called Launch B - and he...

14 July 2020

From: Breaking News

Purplebricks’ brand boost from Olympics TV ads campaign

The advertising and sponsorship links between Purplebricks and Team GB have won the agency a silver medal according to a leading...

14 July 2020

From: Breaking News

Will agents and clients have to wear facemasks in branches?

Wearing a face covering in shops and supermarkets is to be made mandatory in England.  Anyone failing to comply with the order...

14 July 2020

From: Breaking News

Stamp Duty Holiday should lead to council tax reform, says agency

A major agency is warning that the current stamp duty holiday could leave the housing market in a state of lethargy...

14 July 2020

From: Breaking News

Rightmove endorses new 90% first time buyer mortgage

Britain’s second largest lender is to offer 90 per cent loan to value mortgages once again from next Monday - a...

14 July 2020

From: Breaking News

Property scam firms selling 'parking spaces' are shut down

Two companies that persuaded property investors to pay as much as £25,000 for a parking space have been wound up in...

14 July 2020

From: Breaking News

Stamp Duty equivalent in Wales expected to be changed this week

The Welsh First Minister, Mark Drakeford, has suggested that there will be further housing market lockdown easing later this month. His announcement...

14 July 2020

From: Breaking News

Big Rightmove losses predicted, but it's recovering fast - bank

The investment bank UBS says it’s forecasting that Rightmove revenues will be down £53m in the first half of this year. “The...

13 July 2020

From: Breaking News

Stamp duty holiday should be backdated, demands law firm

A property law firm is calling on the government to backdate the stamp duty holiday to include those buyers who completed...

13 July 2020

From: Breaking News

Online firm says rival agents could use new digital auction service

An online agency that describes itself as the fifth largest in the sector has announced it’s launching a digital auction service. 99home...

13 July 2020

From: Breaking News

ESTAS combine agents, conveyancers and mortgage awards in 2021

The ESTAS Group says it will combine its awards events for agents, conveyancers and mortgage brokers in one ceremony in May...

13 July 2020

From: Breaking News

Independent Agents group links up with recruitment specialists

The Federation of Independent Agents has announced its latest partnership offering exclusive services for members - it property recruitment firm The...

13 July 2020

From: Breaking News

Scotland caves in and relaxes its stamp duty equivalent

The threshold at which Scotland’s Land and Buildings Transaction Tax is paid by purchasers is to be raised from £145,000 to...

13 July 2020

From: Breaking News

Countrywide “may not survive” warns one of its biggest investors

An investment manager who has a 7.8 per cent stake in Countrywide, is warning that the agency group may not survive...

12 July 2020

From: Breaking News

SDLT Bonanza! Mortgage enquiries and property portal visits soar

Evidence is pouring in that the stamp duty holiday introduced 48 hours ago has already produced huge levels of interest from...

10 July 2020

From: Breaking News

Prime central London prices to fall this year despite recent boost

Savills has revised its market forecast for the enclaves of prime central London and now says prices will fall by 2.0...

10 July 2020

From: Breaking News

Good news on mortgages - another rise in product choice

There’s been another increase in the number of mortgage products available to buyers and landlords - a sign of all aspects...

10 July 2020

From: Breaking News

NAEA Propertymark in PropTech deal to promote start-ups

NAEA Propertymark is partnering with a service called REACH UK, to promote selected PropTech start ups to agents who may need...

10 July 2020

From: Breaking News

Agents Do Charity - no holiday for industry fund-raisers…

There are high hopes that the new stamp duty holiday will make an already busy market even busier - but not...

10 July 2020

From: Breaking News

Branch closures announced as franchise agency links with building society

Six agency branches are being closed as a result of a partnership between franchise giant Belvoir and the Nottingham Building Society. Under...

09 July 2020

From: Breaking News

Stamp Duty mayhem? Conveyancers may not cope, warn agents

An estate agency is warning that the likely rush of transactions when the new stamp duty holiday ends next spring will...

09 July 2020

From: Breaking News

Is Rightmove the biggest winner from the stamp duty holiday?

Chancellor Rishi Sunak - and the agency industry - will no doubt be delighted to know that visits to Rightmove soared...

09 July 2020

From: Breaking News

Stamp Duty holiday unlikely to be replicated in Scotland

It looks like the stamp duty holiday for England and Northern Ireland, already in effect following yesterday’s announcement, is unlikely to...

09 July 2020

From: Breaking News

RICS figures confirm short-term bounce but supply is very low

There’s more confirmation this morning that the housing market is enjoying a short-term bounce - and that’s before the effect of...

09 July 2020

From: Breaking News

Vendors on HS2 route must accept offers at 85% of asking price

The latest guidance from the government on the next phase of the HS2 high-speed railway confirms the previous demand that vendors...

09 July 2020

From: Breaking News

Prices and sales volumes both improving in London - agency

The number of offers agreed on homes priced below £1m since mid-May is a healthy 41 per cent higher than the...

09 July 2020

From: Breaking News

Stamp Duty changes and Furlough Bonus scheme announced by Sunak

Chancellor of the Exchequer Rishi Sunak has announced that there will be no stamp duty on homes selling for £500,000 or...

08 July 2020

From: Breaking News

Stamp Duty cuts WON’T help the market - a contrary view

An industry analyst is challenging the long-established agents’ view that reducing or temporarily scrapping stamp duty would help the market. On the...

08 July 2020

From: Breaking News

Challenger portal offers agents free access to data on all UK homes

One of the many free-to-list portals now vying for attention is offering agents six months free access to a platform boasting...

08 July 2020

From: Breaking News

Agents give better treatment to buyers with British accents - claim

A new study of British agents suggests that buyers with accents from most of the rest of the world receive less...

08 July 2020

From: Breaking News

PropTech Today: Software and portals destroyed the personal touch of agency

Have you ever wondered how industry-specific software and property portals have influenced the typical estate agency of today? A new book, which...

08 July 2020

From: Breaking News

First-ever transaction with chain using Reservation Agreements

A PropTech supplier claims that an agency has secured the first ever transaction where the complete chain used Reservation Agreements.  Harrison Residential,...

08 July 2020

From: Breaking News

Mortgage enquiries surge as prices dip slightly in latest index

Mortgage enquiries in June surged to double the rate of the previous month according to the latest halifax house price index. Although...

08 July 2020

From: Breaking News

Stamp Duty dithering could kill the market, warn angry agents

Agents have spoken out angrily against any uncertainty in the market caused by government leaks about future stamp duty changes. In recent...

07 July 2020

From: Breaking News

Almost 90% of sales could have zero stamp duty says Zoopla

One of the possible stamp duty options floated by Chancellor Rishi Sunak could mean 89 per cent of sales would be...

07 July 2020

From: Breaking News

“What I hate about corporate agencies” - hybrid chief tells all

The chief executive of a hybrid agency in London has revealed why he deserted big corporates to create his own company. Rollo...

07 July 2020

From: Breaking News

Agency losing over 50 jobs says its brand is “very much alive”

The Andrew Grant regional estate agency brand is “very much alive” despite the firm which bore the name losing 54 jobs...

07 July 2020

From: Breaking News

Agencies announce expansions despite Coronavirus crisis

Hunters has launched two additional franchise branches in Tower Bridge, London and Middleton, North Manchester, taking the company total to over...

07 July 2020

From: Breaking News

Agents stay open in future local lockdowns but auction houses shut

Government guidelines regarding future Leicester-style local lockdowns suggest that branches can remain open and viewings can continue. However auction houses must shut. So...

07 July 2020

From: Breaking News

Stamp Duty changes being considered by Sunak - but when?

Unnamed government sources quoted in many newspapers today suggest stamp duty reforms may be announced later this year. Chancellor Rishi Sunak is to...

06 July 2020

From: Breaking News

Phil Spencer: How can agents help sellers overcome unsettled buyer market?

The property market has been reopen for almost eight weeks now and during that time demand from prospective buyers has soared. Rightmove...

06 July 2020

From: Breaking News

Top agencies shut branches as industry adapts to 'new normal'

There are various reports of estate agencies closing branches - or not reopening them after lockdown - as they reduce the...

06 July 2020

From: Breaking News

Should ‘Master' bedroom be dropped from property descriptions?

The Black Lives Matter debate has reached the property industry with some agents dropping the term ‘Master bedroom’ from descriptions. The Times...

06 July 2020

From: Breaking News

London-based hub agency triples in size during lockdown

A London agency says it’s seen over 30 new agents join its hub franchise operation during the lockdown, taking the total...

06 July 2020

From: Breaking News

Property Jobs Today - latest movers into and across our industry

It’s a tough time for agents and our stories show a disturbingly high number of  branches closing - but there are...

06 July 2020

From: Breaking News

Congratulations! ESTAS 2020 winners celebrate ‘virtual’ victories

The industry’s first virtual awards event has taken place with hundreds of agents participating courtesy of YouTube. Winners of the prestigious ESTAS...

06 July 2020

From: Breaking News

NAEA Propertymark chief executive to quit at the end of 2020

The chief executive of the National Association of Estate Agents, Mark Hayward, is to retire at the end of this year.  The...

03 July 2020

From: Breaking News

Agency closes 23 branches and employs 'Partners' working from home

Haart - one of the brands owned by Spicerhaart, which laid off staff in the first hours of the pandemic -...

03 July 2020

From: Breaking News

Purplebricks' latest TV advertising campaign starts today

Purplebricks is starting a new wave of TV advertisements today, continuing its theme from earlier this year as a sponsor of...

03 July 2020

From: Breaking News

How much do you earn? A personnel company wants to know

A personnel company wants agents to tell them how much they earn in another anonymous online survey. Rayner Personnel - which recently...

03 July 2020

From: Breaking News

Younger buyers’ moving plans hit by mortgage changes - Zoopla

A survey of 2,000 prospective movers by Zoopla shows the vast majority still intent on buying - but younger purchasers’ plans...

03 July 2020

From: Breaking News

Agents Do Charity - and the fund-raising goes on virtually...

Hello and welcome to our latest ADC, with more evidence that fund-raising goes on even with communal activity at a premium...

03 July 2020

From: Breaking News

‘Property licence plates’ launched - agents should use them says Propertymark

Propertymark is calling in the government for agents to be trained in the use of software operating the Unique Property Reference...

02 July 2020

From: Breaking News

Revealed - the top three trends in the housing market right now

With the UK housing market now largely open - there are still restrictions in some areas on home moves to occupied properties...

02 July 2020

From: Breaking News

OnTheMarket bags another 500 branches with ‘welcome shares’

OnTheMarket says almost 500 branches have signed up in recent months, entitling their business owners to ‘welcome shares’. Of those branches signing...

02 July 2020

From: Breaking News

Stamp Duty cut would NOT help the market, claims tax specialist

A prominent tax specialist has suggested that stamp duty cuts would not help improve the housing market, despite many agents suggesting...

02 July 2020

From: Breaking News

Say No To Rightmove campaign chief signs up to new free-to-list portal

The estate agency group spearheading the Say No To Rightmove campaign has signed its 36 branches up to new portal Homesearch. The...

02 July 2020

From: Breaking News

Agents remain calm in the light of latest house price dip

Agents have remained calm in the light of Nationwide’s house price index which shows the first annual fall for eight years...

02 July 2020

From: Breaking News

Code of Practice for Estate Agents set to change industry forever

A new estate agency Code of Practice is to be written by a group set up by the Royal Institution of Chartered...

01 July 2020

From: Breaking News

Homesearch portal launches with two-week feedback period for agents

Homesearch, the long-awaited new free-to-list portal, launches today with a string of testimonials from supportive estate agents. The new portal announced at...

01 July 2020

From: Breaking News

PropTech Today: another attempt at solving a problem that doesn't exist?

"New property website launches. Not immediately sure what it does differently, what its USP is or who will use it, but...

01 July 2020

From: Breaking News

Leicester lockdown is warning to agents to abide by ‘new normal’

The return of non-essential businesses to lockdown in Leicester as a result of a localised spike in Coronavirus cases is a...

01 July 2020

From: Breaking News

New-build market bouncing back quicker than second-hand market

Buyer demand for new-build property has bounced back 66 per cent in the six weeks since the resumption of the housing...

01 July 2020

From: Breaking News

Purplebricks critic launches “agent-friendly” PropTech platform

A former City analyst best known for his scathing criticisms of Purplebricks has launched a PropTech platform that he describes as...

30 June 2020

From: Breaking News

Shareholder ‘mini-revolt’ over Countrywide’s top brass pay

There appears to have been a small shareholder rebellion at Countrywide’s annual general meeting over the company’s remuneration of senior management. No...

30 June 2020

From: Breaking News

Agency regulation: still no government action, one year on

The recommendations to regulate and train the estate agency industry put forward a year ago remain on the Housing Secretary’s desk...

30 June 2020

From: Breaking News

220,000 London homes owned by Chinese: more to come, say agents

Government figures show the 218,975 properties within Greater London have Chinese owners - and two agents say there will be more...

30 June 2020

From: Breaking News

Purplebricks director stands down after two years

One of the key members of the Purplebricks board has stood down after two years. Andreas Wiele joined the Purplebricks board in...

30 June 2020

From: Breaking News

Over 50 jobs lost as agency collapses into administration

Over 50 jobs have been lost as a result of a Midlands regional estate agency falling into administration. The Shropshire Star reports...

29 June 2020

From: Breaking News

£41,000 award for agent discriminated against because of pregnancy

An estate agent has been awarded over £41,000 by an employment tribunal - after her offer to settle for £10,000 was...

29 June 2020

From: Breaking News

Virus made us abandon branches for hubs, says agency

A regional agency in the east of England says the Coronavirus lockdown working environment has made it rethink its structure -...

29 June 2020

From: Breaking News

Industry guru reveals Britain's only truly 'different' agency brand

A brand and marketing strategic who also ran one of the country’s most successful lettings agencies for a decade has said...

29 June 2020

From: Breaking News

Tragedy as property industry titan dies suddenly

One of the highest profile and most widely respected figures in the British property industry has died suddenly. He was 72. Tony...

29 June 2020

From: Breaking News

Boost for market as mortgage product choice picks up after virus

Mortgage product choices for buyers have increased to the highest level in three months according to new data. PropTech platform Mortgage Brain...

29 June 2020

From: Breaking News

Countrywide loses 30% of income thanks to lockdown

Countrywide has released details of its trading performance, including the knock its income has received as a result of the housing...

26 June 2020

From: Breaking News

Watch out Rightmove! 10,000 agents sign up to new rival portal

The challenger portal scheduled to launch in less than a week’s time on July 1 has secured the support of 10,000...

26 June 2020

From: Breaking News

Management pay cuts and furlough returns revealed by high-end agency

Savills has revealed the measures it has taken to mitigate the impact of the Coronavirus on its activities and balance sheet. The...

26 June 2020

From: Breaking News

Franchise group revenue hit by 20% because of virus lockdown

Revenue for The Property Franchise Group was hit by 20 per cent cent thanks for the lockdown - but sales listings...

26 June 2020

From: Breaking News

Boost as first time buyer sales rise rapidly after lockdown

Few figures for the housing market can be truly representative in the current circumstances but NAEA Propertymark’s latest snapshot is showing...

26 June 2020

From: Breaking News

Agents Do Charity - and there’s so much great work still going on…

Hello - Friday already so that means another Agents Do Charity, marking the wonderful work of our industry even in these...

26 June 2020

From: Breaking News

Rightmove's new fees cut just kicks can down the road, say campaigners

The Say No To Rightmove campaign says the portal has merely kicked the fees can down the road, deferring a long-term...

25 June 2020

From: Breaking News

Boom! Agency records highest ever number of offers accepted in a week

The post-lockdown surge in housing market activity has continued into its sixth week, as at least one agency’s indicators hit record...

25 June 2020

From: Breaking News

Distressed agents may benefit from latest commercial eviction ban

Estate agents facing crippling running costs as the wider impacts of the Coronavirus crisis hit home may benefit, at least in...

25 June 2020

From: Breaking News

Capital idea - high numbers still moving out of London says agency

An analysis of Countrywide branch data outside London has revealed that one in 10 applicants who registered to buy were from...

25 June 2020

From: Breaking News

ESTAS 2020 are almost here - and they’re virtually here, too

Some weeks later than usual for understandable reasons, the ESTAS Awards 2020 are almost here - and for the first time...

25 June 2020

From: Breaking News

Ex-Countrywide chief joins mentor team at Agents Together

Industry veteran Harry Hill, a former chairman of Countrywide and founder of Rightmove, has now become a mentor at the new...

24 June 2020

From: Breaking News

High-end agency reveals “shift towards digital” via management reshuffle

A raft of changes in the senior management of Strutt & Parker is being heralded as part of a “shift towards...

24 June 2020

From: Breaking News

House prices to rise further over next three months - Zoopla

Zoopla predicts that the price strength that has been seen since the reopening of the housing market is likely to continue...

24 June 2020

From: Breaking News

Jenrick scandal to be debated as “pigs in trough” allegations mount

Controversial Housing Secretary Robert Jenrick is the subject of a harshly critical cartoon in The Times which depicts “pigs in the...

24 June 2020

From: Breaking News

Rightmove shows how we really do like to be beside the seaside

In the latest of a recent flurry of consumer-facing research exercises by Rightmove, a league table of the most popular seaside...

24 June 2020

From: Breaking News

Rightmove and OnTheMarket extend cut-price fees deals

Rightmove and OnTheMarket have announced that they are extending their cut-price fees deals, introduced because of Coronavirus. This morning Rightmove says: "We have...

23 June 2020

From: Breaking News

High Street agency veteran speaks up for hybrid business model

The new chief executive of The Property Franchise Group says he anticipates his company’s hybrid arm - EweMove - will go...

23 June 2020

From: Breaking News

Agency spurred on by crisis to complete acquisition in weeks

A regional agency says the Coronavirus crisis was the opportunity for it to complete a takeover of a rival company in...

23 June 2020

From: Breaking News

New branch aims to recruit by year-end despite market uncertainty

The latest branch of Fine & Country says it intends to expand both its premises and its workforce by the end...

23 June 2020

From: Breaking News

New homes delivery to plummet by a third despite high demand

There’s been a big rise in demand for new-builds since the lockdown according to figures from Knight Frank - but the...

23 June 2020

From: Breaking News

Live chat usage soars during lockdown and as restrictions eased

There was a big spike in the use of live chat across all agency sectors during lockdown - no doubt spurred...

23 June 2020

From: Breaking News

Tragedy as widely-respected property campaigner dies suddenly

The death has been announced of one of the country’s leading campaigners against the injustices of the leasehold system, Louie Burns. Burns...

22 June 2020

From: Breaking News

Purplebricks’ biggest critic warns over housing market uncertainty

The chief executive of a property information platform says now is a “dangerous time” to buy or sell homes because of...

22 June 2020

From: Breaking News

Rightmove was warned for years to improve relationship with agents

The leader of the Say No To Rightmove campaign has revealed to Estate Agent Today that he has lobbied the portal...

22 June 2020

From: Breaking News

New owners for agency that shut branches and created ‘hub’ structure

Midlands regional chain Andrew Grant, which last year closed some branches as it moved to a ‘hub’ structure, appears to have...

22 June 2020

From: Breaking News

Housing Secretary Jenrick may be sacked shortly, says newspaper

Housing Secretary Robert Jenrick - currently at the centre of a planning controversy - could be sacked in a September Cabinet reshuffle. The...

22 June 2020

From: Breaking News

Agents allowed partial resumption of sales and moves in Wales

The Welsh housing market is back in business today - at least in part. Letting and estate agents can reopen their offices...

22 June 2020

From: Breaking News

One in six homeowners with mortgages now on payment break

One in six home owners with a mortgage across the UK are now on some form of payment holiday with lenders...

22 June 2020

From: Breaking News

Video viewings don’t sell homes and already dying out - agent

Video tours, heralded as the next big thing just a few weeks ago, are being abandoned by buyers and dismissed as...

19 June 2020

From: Breaking News

Successful property newspaper collapses after revenge hack

A successful property newspaper has collapsed after one of its former directors turned computer hacker and deliberately deleted over 5,000 files...

19 June 2020

From: Breaking News

Ker-ching!  Stamp duty refunds soar during Coronavirus crisis

A tax and legal specialist says there’s been a huge rise in stamp duty refund cases between March and June -...

19 June 2020

From: Breaking News

Scottish surge - agents and movers resume work on June 29

It’s been confirmed by the Scottish Government that the housing market north of the border resumes for business - and house...

19 June 2020

From: Breaking News

Agents Do Charity - carrying on despite Corona challenges…

With most fund-raising involving organised runs, treks or mudders, we know how difficult it is right now to do great work...

19 June 2020

From: Breaking News

Rightmove really IS very good value for agents, insists ex-director

The former commercial director of Rightmove has made a strong defence of much of the company’s activities, including the charges it...

18 June 2020

From: Breaking News

Hybrid agency launches share offer for investors after rapid growth

One of the leading ‘new breed’ of hybrids relying on self-employed agents is opening a share offer to investors in a...

18 June 2020

From: Breaking News

Rightmove reveals big winners from post-lockdown surge in demand

Rightmove has given a regional breakdown in where  buyer demand is strongest in the past two weeks. It’s perhaps no surprise that...

18 June 2020

From: Breaking News

Market update: Three months before it's stable but signs are good

A market commentator says it will take up to three months before the housing market stabilises into the ‘new normal’ after...

18 June 2020

From: Breaking News

Rush to digitise house buying process triggered by virus - claim

A company promoting a Blockchain platform with promises to speed up the buying and selling process claims the pandemic has proved...

18 June 2020

From: Breaking News

Ex-Countrywide CEO’s high praise for online agency’s success

A former chief executive of Countrywide has issued a string of extravagant claims about the lockdown success of the online agency...

17 June 2020

From: Breaking News

PropTech Today: Do we care that tech can now halve transaction times?

Tuesday mornings at 6am is usually my time to review all the latest PropTech news. This fires off ideas for my...

17 June 2020

From: Breaking News

Agency aiming to rival Purplebricks announces regional expansion

A hybrid agency which set a target of rivalling Purplebricks when it launched has announced a recruitment drive and expansion in...

17 June 2020

From: Breaking News

Sale price discounts diminish as market strengthens

Price discounts are diminishing as the housing market strengthens, according to data from Knight Frank. The average discount to the asking price...

17 June 2020

From: Breaking News

Law catches up with Purplebricks - or at least one firm does

Purplebricks has instructed a new legal firm to support its sales and lettings activities. Business Insider reports that the commercial team at...

17 June 2020

From: Breaking News

Say No To Rightmove campaign says 'list on Zoopla, support OTM'

The Say No To Rightmove campaign has set out strategy suggestions for independent agents facing steep portal bills. A 10-page document reveals...

16 June 2020

From: Breaking News

Almost half of agency’s new recruits have no property experience

US-originated estate agency Keller Williams claims to be the fastest growing in the UK as a result of 29 agents joining...

16 June 2020

From: Breaking News

Purplebricks and Emoov founders call for radical stamp duty reform

Online sector veterans Russell Quirk and Kenny Bruce have used social media to call for a temporary scrapping of all stamp...

16 June 2020

From: Breaking News

Agency live-streaming all instructions to cope with demand

An estate agency with a reputation for PropTech innovation says it now live-streams all instructions in a bid to operate more...

16 June 2020

From: Breaking News

Want to list properties on Facebook Marketplace? Here’s how…

A free webinar is taking place this week to show how agents can list properties on Facebook Marketplace. The event, hosted by...

16 June 2020

From: Breaking News

Another agency chief targeted by CMA for future disqualification

The Competition and Markets Authority - which yesterday announced it had disqualified two estate agency directors for their parts in a...

16 June 2020

From: Breaking News

Agents urged to report rivals breaking lockdown in still-closed market

The devolved government in Wales - where the housing market is still officially closed - has urged agents to report rivals...

16 June 2020

From: Breaking News

Disgraced agency directors disqualified after price-fixing scandal

Two estate agency directors have been disqualified by the Competition and Markets Authority after taking part in an illegal price fixing...

15 June 2020

From: Breaking News

Cashflow crisis likely for agents later this year - warning

Estate agents are likely to get through the next five to six months even if the market falls away - but...

15 June 2020

From: Breaking News

Rush hour! Agents agree huge sales volumes since market reopened

Data released this morning by Rightmove suggests that agents in England have agreed no fewer than 40,000 sales since the market...

15 June 2020

From: Breaking News

Property Logbooks: working party to consider how they could work

A working party of property professionals is being set up to look at whether and how property logbooks could help speed...

15 June 2020

From: Breaking News

Property Gurus lure another prominent agent for central London

The new YOUhome Property Gurus agency has announced another key hire to strengthen its central London activities.  The agency, set up by...

15 June 2020

From: Breaking News

Second politician named in Jenrick ‘cash for favours’ controversy

Housing minister Chris Pincher has now been named in media investigations into allegations concerning his political boss, Robert Jenrick, and the...

15 June 2020

From: Breaking News