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Stamp Duty Holiday: Did market need it? Have buyers really benefitted?

A leading analyst is questioning whether buyers have benefitted from the stamp duty holiday because demand has purshed up prices far...

22 January 2021

From: Breaking News

RICS in dramatic U-turn over accountancy firm’s allegations

The Royal Institution of Chartered Surveyors last night announced a dramatic U-turn in the controversy over a report by an independent...

22 January 2021

From: Breaking News

Decision Day for takeover talks between Hunters and Property Franchise Group

Today will see a firm decision on whether The Property Franchise Group will take over rival franchise network Hunters.  In early December TPFG...

22 January 2021

From: Breaking News

PropTech: Challenger portal says it’s now fourth largest

Free-to-list portal One Dome has launched a dedicated New Homes section - in line with the longer-established paid-for portals - and...

22 January 2021

From: Breaking News

Hybrid agency and franchise giant announce expansion plans

A hybrid agency is appealing to corporate estate agents to jump ship and try its self employed business model. Mr & Mrs...

22 January 2021

From: Breaking News

Agents Do Charity - we’re back in business with a vengeance…

The New Year lull is well and truly over and this week’s Agents Do Charity show fundraising is back in business despite...

22 January 2021

From: Breaking News

Buyers ‘travelling hundreds of miles to viewings’ despite Covid rules

The BBC says some buyers are taking advantage of lockdown rules to travel hundreds of miles to view homes. The story suggests...

21 January 2021

From: Breaking News

Stamp Duty Debate: MP wants government to honour petition pledge

The MP who presides over online petitions such as the one calling for an extension of the stamp duty holiday says...

21 January 2021

From: Breaking News

In Conversation Today – Q&A with the man behind a 2020 success story

By any available metric, Belvoir had a good 2020. Already a well-known and well-established name, it was highly praised for its...

21 January 2021

From: Breaking News

Purplebricks wins award for the quality of customer reviews

Purplebricks - which for some years has been the focus of controversies over reviews - has been given a prestigious award...

21 January 2021

From: Breaking News

Another new portal opens in bid to woo independent agents

Another group of independent estate agents have launched a portal - a rival to a similar project launched by other agencies...

21 January 2021

From: Breaking News

New high taste agency employs ‘guild of creatives and thinkers’

A new estate agency listing historic houses is to have “a select group of creatives and thinkers” that will assist in the...

21 January 2021

From: Breaking News

Stamp Duty Gag: MPs prevented from debating extension

The government may be stopping MPs debating an extension to the stamp duty holiday - despite a pledge they would do...

20 January 2021

From: Breaking News

Agent closes branches and demands stricter Coronavirus controls

An estate agent has shut both branches of his business for safety reasons and wants tighter Coronavirus restrictions on the industry.  ITV...

20 January 2021

From: Breaking News

Agency branches each waiting on £105,000 fees on average

A property platform claims the current pipeline stock is so large that the average UK agency branch is waiting on £105,000...

20 January 2021

From: Breaking News

Banned! Online agencies must not advertise house for sale

Two mysterious online agencies have had their advertisements for the same property banned by the Advertising Standards Authority. The agencies - Manchestersalerent and...

20 January 2021

From: Breaking News

Big majority of first time buyer mortgages now over 25 years

Some 70 per cent of first time buyers in 2020 took out mortgages in excess of 25 years, says the Nationwide. A decade...

20 January 2021

From: Breaking News

Portals track how buyer aspirations are changing through Covid

Both Rightmove and Zoopla have issued new data showing how the market is changing as buyers’ aspirations alter. Zoopla has looked at where...

20 January 2021

From: Breaking News

Data Fraud Warning: lockdown makes agents’ systems more vulnerable

A trade body is warning that increased home working triggered by Coronavirus makes the agency industry more vulnerable than ever to...

19 January 2021

From: Breaking News

Stamp Duty Holiday: is it really just a subsidy for London buyers?

London buyers have been by far the biggest winners from the stamp duty holiday according to new research. The Keller Williams UK...

19 January 2021

From: Breaking News

Work-from-home agency aims at national roll-out with industry novices

A firm calling itself the UK’s first 24/7 home-based agency says it wants to roll out nationally with a network of franchisees...

19 January 2021

From: Breaking News

Digital ID scheme for buyers and sellers wins government support

A PropTech company has won a grant for a project to improve ID verification in the buying and selling process, via...

19 January 2021

From: Breaking News

High-profile property sourcing and management firm rebrands

The buying and property management service run by high profile agent Jo Eccles has changed its name. SP Property Group has now...

19 January 2021

From: Breaking News

Ban on repossessions extended for mortgage borrowers

The Financial Conduct Authority is extending the ban on repossessions by two months until April 1, in light of the pandemic. The...

19 January 2021

From: Breaking News

Dozens of Tory MPs demand stamp duty extension from Sunak

The Northern Research Group, which has the backing of over 50 Conservative MPs in the north of England, wants the Chancellor...

18 January 2021

From: Breaking News

Fall-throughs to rise as 100,000 face stamp duty disappointment

The latest Rightmove analysis shows it now takes 126 days from the time an offer is accepted until legal completion -...

18 January 2021

From: Breaking News

Mandatory Covid risk assessments for some agency offices in Wales

Estate agency offices in Wales with five or more staff will have to carry out a Coronavirus risk assessment under new...

18 January 2021

From: Breaking News

Pipeline surge not enough to stop Your Move/Reeds Rains revenue drop

Revenues for LSL Property Services - owner of Your Move and Reeds Rains - dropped last year by 15 per cent. Although...

18 January 2021

From: Breaking News

Covid curbs on agents provide bonus for video viewings

Government guidance on how agents can continue working during the lockdown has given a new importance to virtual viewings, says an...

18 January 2021

From: Breaking News

PropTech provider claims “most comprehensive report” on any property

A PropTech firm claims its new interactive property reports are “the most comprehensive on any UK property” and reduce the need...

18 January 2021

From: Breaking News

MPs to debate stamp duty as Chancellor considers extension

Chancellor Rishi Sunak is considering an extension to the current stamp duty holiday according to media reports today - and the...

17 January 2021

From: Breaking News

Housing minister resigns from government

Housing minister Kelly Tolhurst has resigned from the government for personal reasons. Tolhurst had formal responsibility for the government’s policies to combat...

16 January 2021

From: Breaking News

Supreme Court backs agencies in Business Interruption Insurance dispute

There's good news for thousands of estate agencies awaiting pay outs under Business Interruption Insurance schemes. The agents are amongst 370,000 businesses whose...

15 January 2021

From: Breaking News

Cliff-edge end to Stamp Duty Holiday will not hurt market, says analyst

One of the housing market’s senior analysts says the end of the stamp duty holiday on March 31 would not be...

15 January 2021

From: Breaking News

Campaign to extend SDLT holiday nears landmark total

The online petition calling for an extension to the stamp duty holiday is set to pass 100,000 signatures today. This means the...

15 January 2021

From: Breaking News

Propertymark says it’s only agent body with influence on government

Propertymark is the only agency trade body with sufficient influence on, and links with, government to achieve major gains for the...

15 January 2021

From: Breaking News

Housing market rebound will depend on vaccine speed and success

The speed and success of the Coronavirus vaccine programme holds the key to the housing market rebounding in the second half...

15 January 2021

From: Breaking News

Agents Do Charity - and we're back to school, in a good way

Hello and welcome to the end of a busy, busy week for agency news.  It’s easy to assume the agency business is...

15 January 2021

From: Breaking News

Market still resilient but can it really withstand the Covid recession?

A housing index says the market continues to defy Coronavirus and Brexit worries with asking prices up 4.9 per cent in...

15 January 2021

From: Breaking News

Agents “forced and pressured” into unsafe viewings - claim

An online petition wants all agents’ offices to close during the pandemic. Keeping them open means agents feel "forced and pressured" to conduct...

14 January 2021

From: Breaking News

Sadiq Khan wants review of Covid estate agency openings in London

London mayor Sadiq Khan is reported to be asking the Prime Minister to review the status of ‘essential retail’ which can...

14 January 2021

From: Breaking News

Agents accused of “feigning hysterics” over stamp duty cliff-edge

Two of the most outspoken agents in the industry have criticised those calling for an extension to the stamp duty holiday...

14 January 2021

From: Breaking News

Make sellers pay stamp duty, senior industry figure suggests

One of the most respected figures in the industry, trainer and consultant Richard Rawlings, is suggesting that stamp duty should be...

14 January 2021

From: Breaking News

Housing market stays open in Scotland despite tighter restrictions

The housing market remains open in Scotland, despite tighter restrictions announced yesterday by First Minister Nicola Sturgeon. The only significant difference specific...

14 January 2021

From: Breaking News

New PropTech for auctioneer to work more closely with agents

Property auctioneer Pugh, which has 11 offices across the UK, has unveiled bespoke new technology to support its work with estate...

14 January 2021

From: Breaking News

Coronavirus fall-out is main deterrent to potential buyers and sellers

Even the prospect of a stamp duty holiday is not enough to persuade many buyers and sellers to enter the market...

14 January 2021

From: Breaking News

Stamp Out The Duty - new campaign launched by newspaper

A national newspaper is today launching a campaign for the stamp duty holiday to be extended. The Daily Telegraph says its campaign...

13 January 2021

From: Breaking News

Working From Home: Is the shift away from offices permanent?

A leading business consultancy says the level of working-from-home in the UK by 2025 will be five times that before the pandemic. Estate...

13 January 2021

From: Breaking News

Young agent with Covid says “I didn’t think I was going to make it”

An estate agent who caught Coronavirus and spent 10 days in hospital has said “I didn’t think I was going to...

13 January 2021

From: Breaking News

Countrywide and Foxtons back new scheme to speed conveyancing

Countrywide and Foxtons have thrown their weight behind an idea to identify every single UK residential property with a unique number. The...

13 January 2021

From: Breaking News

PropTech Today: Five sessions from RE:Connect you need to watch

The ‘future of residential’ is a huge term to contend with but one that was addressed last week through our RE:Connect...

13 January 2021

From: Breaking News

Business Interruption Insurance Scandal - Decision Day later this week

The Supreme Court will give its judgment on the long-running Business Interruption Insurance case on Friday. In November a Supreme Court appeal...

13 January 2021

From: Breaking News

Land Registry extends requisition deadline to up to 60 days

HM Land Registry is extending the time its customers have to respond to requests for information to up to 40 days...

13 January 2021

From: Breaking News

HMRC names agencies breaching anti-money laundering processes

Estate agencies have been named by HM Revenue & Customs for breaching anti-money laundering regulations. The list of those breaching the rules...

12 January 2021

From: Breaking News

Independent agents not yet convinced about Boomin - claim

The Federation of Independent Agents says a survey of member agencies suggests only around a fifth per cent would definitely be listing...

12 January 2021

From: Breaking News

Investors ready to bankroll agents moving from employee to ownership

An appeal has gone out to agents wanting to jump from being employees to running their own businesses - and there are...

12 January 2021

From: Breaking News

RICS finance controversy: Surveyors’ chief insists action is being taken

The president of the Royal Institution of Chartered Surveyors insists that the organisation is acting on recommendations of a probe into...

12 January 2021

From: Breaking News

Agency attacked by Lib Dem for selling holiday homes

An estate agency is being criticised for marketing properties as second homes in an area reportedly suffering a housing shortage. Local media...

12 January 2021

From: Breaking News

Free training for Rightmove agents on AML due diligence

A customer due diligence training webinar is being held for Rightmove members next week. This is the third anti-money laundering training webinar...

12 January 2021

From: Breaking News

Property viewings should stop, Labour tells government

Sir Kier Starmer has told the government it should look again at whether estate agents’ viewings of properties for sale and...

11 January 2021

From: Breaking News

“Chaos and mayhem!” Phil Spencer’s warning over stamp duty extension

Property expert Phil Spencer is warning that “chaos” and “mayhem” looms in the housing market if the stamp duty holiday is...

11 January 2021

From: Breaking News

RICS finance controversy - new allegations made by newspaper

The Sunday Times has made new and detailed allegations regarding the Royal Institution of Chartered Surveyors. For some weeks the newspaper has...

11 January 2021

From: Breaking News

Property Jobs Today - the New Year shakers and movers…

Hello and welcome to the first Property Jobs Today of 2021 - we’re less than a fortnight into the New Year...

11 January 2021

From: Breaking News

Boomin signs up another 15 independents ahead of delayed launch

Boomin has announced another 15 independents as members of the site, which is expected to launch in the near future. “The latest...

11 January 2021

From: Breaking News

Price growth slows as supply and demand start to fall into line

The average UK house price is now a record £253,374 according to the Halifax - but the rate of growth is...

11 January 2021

From: Breaking News

Just Window Dressing! Leasehold experts hit out at reform proposals

Leading leasehold experts have sharply criticised the much-hyped reforms announced by the government last week. The Leasehold Group of Companies - formerly led by...

11 January 2021

From: Breaking News

Independent agents launch portal alternative to Rightmove

Independent agents inspired by the Say No To Rightmove campaign are to launch a rival portal next month. Wearethemarket is a portal...

08 January 2021

From: Breaking News

Warren Buffett’s estate agency launches UK television ad campaign

The UK outlet of Warren Buffett's estate agency empire is launching its first TV advert in this country.  Berkshire Hathaway HomeServices Kay &...

08 January 2021

From: Breaking News

Good news for first time buyers as 10% deposits make a return

HSBC UK is re-introducing its 90 per cent Loan To Value mortgages from next week - a possible lifeline for first...

08 January 2021

From: Breaking News

Countrywide - Connells consolidates takeover move with share purchase

Connells has cemented its takeover of Countrywide - it now has backing from over 52 per cent of shareholders. In a statement...

08 January 2021

From: Breaking News

Rightmove hits back at rivals by claiming busiest ever New Year

Rightmove says it’s recorded the busiest ever start to a New Year in its two decade history with visits to the...

08 January 2021

From: Breaking News

Agents Do Charity - and we start with a good old sing song (Covid-style)

Hello and welcome to the first Agents Do Charity of 2021.  Somehow, this year is only eight days old yet already seems...

08 January 2021

From: Breaking News

Boomin's Michael Bruce reveals portal's aims - and the lessons of Purplebricks

To kick off 2021, we have a Q&A with one of the most high-profile – and, it has to be said,...

07 January 2021

From: Breaking News

Rip-Off leasehold charges to be abolished by government

Millions of leaseholders will be given the right to extend their lease by a maximum term of 990 years at zero...

07 January 2021

From: Breaking News

Stamp Duty Holiday - Do The Right Thing Rishi!

There’s growing optimism that an extension to the stamp duty holiday - thought to be off the agenda just days ago...

07 January 2021

From: Breaking News

Brexit data protection measures may mean more red tape for agents

A leading property law expert says agents with international clients in parts of Europe should prepare for additional processes which may...

07 January 2021

From: Breaking News

Agents beef up Covid protocols as viewings hit the spotlight

Agents have been outlining how they have beefed up their measures to combat the risk of Coronavirus, especially during property viewings. “We...

07 January 2021

From: Breaking News

‘No-search indemnity insurance’ now accepted by mortgage lender

A mortgage lender says it will now accept ‘no-search indemnity insurance’ for residential purchases in a bid to speed up the...

07 January 2021

From: Breaking News

Agents have “moral obligation” to restrict physical viewings - call

There’s a call this morning for estate and letting agents to regard the physical viewing of any property on sale or...

06 January 2021

From: Breaking News

Countrywide’s former management slammed by industry veteran

Countrywide’s former management seriously damaged the company’s share value and status by adopting a flawed business plan - and then executing...

06 January 2021

From: Breaking News

Banks may not be able to cope with mortgage demand, warns agency

New figures from the Bank of England show that mortgage approvals rose 7.0 per cent in November to reach 105,000 -...

06 January 2021

From: Breaking News

Stamp duty cliff-edge could throw away market growth - warning

The sudden end of the stamp duty holiday at the end of March could throw away the market gains achieved in...

06 January 2021

From: Breaking News

Rightmove tells buyers to check whether agents issue PPE

Rightmove has issued a lengthy guidance note to prospective buyers, including a suggestion they ask estate agents whether PPE will be...

06 January 2021

From: Breaking News

Chancellor announces help for businesses until spring

The Chancellor has announced new measures to help businesses in the light of the lockdown announced in the past 24 hours. The...

05 January 2021

From: Breaking News

Agents split over viewings and office opening during Lockdown

Agents are sharply split over how they should operate during the current phase of the Coronavirus crisis.  In a poll of almost...

05 January 2021

From: Breaking News

Agents CAN continue working through national lockdown

Agents and the housing market in England are still in business even during the third national lockdown which begins on Wednesday and...

05 January 2021

From: Breaking News

Agency to open six new London offices - and dismisses Stamp Duty holiday

London’s largest independent estate agency, Dexters, suggests that the stamp duty holiday ending in 12 weeks time will have relatively little...

05 January 2021

From: Breaking News

Sort Out Searches! Government asked to intervene over council delays

A trade body has called on House Secretary Robert Jenrick to intervene over the growing problem of delays in councils providing...

05 January 2021

From: Breaking News

Agent, aged 20, ditches Purplebricks for rival online company

A young estate agent - who by the age of 20 has already had a year working with Purplebricks - has...

05 January 2021

From: Breaking News

Dumb Perignon! Daily Mail mocks champagne-quaffing housing minister

The Daily Mail has mocked housing minister Chris Pincher for advising people to going £174-a-bottle champagne while awaiting the rollout of...

05 January 2021

From: Breaking News

Tier 5 Lockdown - will housing market remain open?

The government is considering stricter tier structures for the coming weeks as the number of Coronavirus infections continues to rise. There is...

04 January 2021

From: Breaking News

Brexit could be good for house prices predicts top market commentator

Anthony Codling, the City analyst who made his name as a scourge of Purplebricks, says Brexit may be good news for the...

04 January 2021

From: Breaking News

Connells reveals its plan for Countrywide branches and staff

Connells has revealed that it’s to keep the existing Countrywide branch structure and staff headcount when the acquisition process is completed...

04 January 2021

From: Breaking News

Phil Spencer: What challenges lie ahead as 2021 gets underway?

Following a turbulent 2020 in which the property market and the professionals working within it excelled in the face of unprecedented...

04 January 2021

From: Breaking News

Agency launches new business models to attract agents hit by Covid

An estate agency group has launched new franchise business models to help those in the industry impacted by Covid-19. Century 21 UK...

04 January 2021

From: Breaking News

High profile agent opens up on his mental illness issue

One of the country’s most experienced estate agents has spoken out about mental illness in the industry and his own condition...

04 January 2021

From: Breaking News

Connells buys Countrywide - deal to be completed in New Year

In a dramatic New Year’s Eve statement on the London Stock Exchange, Countrywide has agreed the terms of a recommended offer...

31 December 2020

From: Breaking News

The year of Covid ends on a house price high

House prices surged in December to post their fastest growth in six years, according to the Nationwide.  Prices rose 7.3 per cent...

31 December 2020

From: Breaking News

Tier 4 Reminder: All agents can continue working under these restrictions

Many agents have been operating under Tier 4 Coronavirus restrictions for some days, but today sees another 20 million residents in...

31 December 2020

From: Breaking News

Online auction fees controversy: One operator to publish all charges

An auction house that's made a transition from ballroom operations to online streaming is to publish all fees for all lots -...

31 December 2020

From: Breaking News

Revealed - where house prices rose nearly £80 a day in 2020

Zoopla has revealed precisely how much house prices have risen over the course of 2020. Across the UK as a whole prices...

31 December 2020

From: Breaking News

League table of Britain’s biggest 2020 house price rises

London and other urban areas dominate the league table of locations seeing the biggest house price rises of 2020. This is despite...

31 December 2020

From: Breaking News

Happy New Year from Estate Agent Today and Angels Media

Many agents will be closed on New Year’s Day - the last Bank Holiday for some months and at the start...

31 December 2020

From: Breaking News

2021 to start with price corrections, predicts market index

A house price index that is routinely one of the most pessimistic about the market claims the New Year will see...

30 December 2020

From: Breaking News

Brexit deal will mean more foreign buyers in 2021 says agency

The Brexit deal agreed in dramatic form on Christmas Eve is one part of a cocktail eventually boosting the London market...

30 December 2020

From: Breaking News

ZPG snaps up another price comparison website business

ZPG, parent company of Zoopla, is to buy another comparison website business, in addition to running its existing Uswitch service. Insurance group...

30 December 2020

From: Breaking News

Hunters takeover talks extended until late January

Hunters has agreed to extend the deadline for talks about a possible takeover by its rival, The Property Franchise Group. In early...

30 December 2020

From: Breaking News

Country houses are big winners from the pandemic, say agents

The pandemic has reignited the flagging country house market and boosted demand for larger homes with gardens, claims Savills. Larger country houses...

30 December 2020

From: Breaking News

Dominic Cummings - the Rightmove connection revealed...

He’s gone from Downing Street but the legacy of Dominic Cummings lives on in Rightmove’s top searches of 2020. Barnard Castle -...

30 December 2020

From: Breaking News

Top online agency reveals £17.8m loss - can online ever be profitable?

A £17.8m pre-tax loss has been reported by Yopa in its latest financial statement filed at Companies House. Figures lodged just before...

29 December 2020

From: Breaking News

Coup for agency with fly-on-the-wall Channel 4 show

One of the country’s most exclusive agencies, UK Sotheby’s International Realty, was the subject of a Channel 4 documentary last evening. The...

29 December 2020

From: Breaking News

Agency quantifies buyer exodus from London - and where they end up

High end agency Hamptons has quantified the trend of Londoners quitting the capital in the light of the pandemic. It says that...

29 December 2020

From: Breaking News

Property searches hit new Boxing Day record as boom continues

Zoopla saw a record 70.5 per cent increase in traffic on Boxing Day as signs suggest the pre-Christmas boom is set...

29 December 2020

From: Breaking News

Countrywide brand’s first-ever TV campaign begins on Boxing Day

One of Countrywide’s top-end brands begins a TV advertisement campaign on Boxing Day.  Hamptons’ ad is the first ever TV promotion from the agency and...

24 December 2020

From: Breaking News

Current regulation of estate agents unenforceable admits Propertymark

Propertymark has told the government that it needs to introduce overarching regulation of agents now, because existing piecemeal provisions are unmanageable...

24 December 2020

From: Breaking News

Modern Method of Auction firm says public needs to be educated

The largest company involved in the controversial Modern Method of Auction says it’s producing a “disruptive digital market campaign to address...

24 December 2020

From: Breaking News

Heartwarming response to agents’ Yuletide NHS appeal

Community spirit is definitely alive and well in the Midlands where people have gone above and beyond to support a local...

24 December 2020

From: Breaking News

Merry Christmas from Estate Agent Today and Angels Media

With just one day to go to Christmas, it’s time - we hope - for all of us in the industry...

24 December 2020

From: Breaking News

Boomin founder agency also returns to Zoopla

One of the founder agencies of the new Boomin portal, scheduled to launch in the New Year, has also rejoined Zoopla. Farrell...

23 December 2020

From: Breaking News

A flat white and a flat please: Agency opens branches with coffee shops

A north of England agency is opening two new branches which will also have coffee shops and deli counters.  Redbrik’s two new...

23 December 2020

From: Breaking News

Introducing NurturingAI - PropTech to identify customers and preferences

Free to list portal Residential People is launching a new cloud-based platform which it says will help agents use Amazon-style technology...

23 December 2020

From: Breaking News

Online agency and auction house links with Mortgage Advice Bureau

99Home, the agency that describes itself as the country’s fifth largest hybrid, has teamed up with the Mortgage Advice Bureau. MAB will...

23 December 2020

From: Breaking News

Hold the tinsel! Ditch the mistletoe! The house won’t sell…

We’re sure agents have been working hard to urge vendors to take it easy on the dodgy decorations if there are...

23 December 2020

From: Breaking News

Why the year ahead will change estate agency forever

At the start of December 2020, a select handful of agents attended a private online event to see the latest news...

23 December 2020

From: Breaking News

Should agents scrap viewings in Tier 4 areas? This one has...

An agency operating in the new Tier 4 area has abandoned viewings and visits to homes until New Year, even though the...

22 December 2020

From: Breaking News

Stamp Duty increase - could it happen across the UK?

The shock and almost immediate increase in stamp duty on additional homes in Wales has prompted one question in the industry...

22 December 2020

From: Breaking News

More affordable mortgages may boost 2021 housing market

The Bank of England is to review the affordability tests imposed on  borrowers, opening the door to a possible relaxation of...

22 December 2020

From: Breaking News

Fall throughs hit 50% but Covid buyer panic now subsiding

The proportion of sales that fell through at the worst point of this year was 52 per cent it’s been claimed. However...

22 December 2020

From: Breaking News

Another Christmas video - and it looks with hope to 2021

As Christmas gets ever-closer, today’s video from an industry supplier is a touching montage of how bad things got this year...

22 December 2020

From: Breaking News

Just a few days left to sign up to ESTAS Awards 2021

Entrants for the 2021 ESTAS Customer Service Awards have only until December 31 to sign up. Founder Simon Brown says: “The bounce...

22 December 2020

From: Breaking News

Shock stamp duty rise on additional homes in Wales

There’s been a shock one per cent increase in the Welsh equivalent of stamp duty on second homes, coming into effect...

21 December 2020

From: Breaking News

Agents can work in Tier 4 as government publishes guidelines

The Westminster government has published extensive guidance on the operation of the new Tier 4 Coronavirus restrictions in England. This includes a...

21 December 2020

From: Breaking News

Furlough Fraud: MPs want agencies and other claimants named

MPs want the government to publish the names of estate agencies and other companies claiming furlough funding. The all-party Public Accounts Committee of...

21 December 2020

From: Breaking News

Phase It Out - Calls grow for ‘tapered’ end to stamp duty holiday

Pressure is building on the government to agree a tapered end to the stamp duty holiday, even if a full-blown extension now...

21 December 2020

From: Breaking News

Christmas Gift for Agents: a market that’s one-third busier than 2019

Figures from Zoopla suggest there’s a Christmas present being unwrapped by agents across the country - a far busier housing market tha this...

21 December 2020

From: Breaking News

Countrywide brand teams up with tax haven island agency

One of Countrywide’s high-end brands, Hamptons, has joined in what it calls “a new residential partnership” with an agency on the...

21 December 2020

From: Breaking News

An uplifting Christmas video to show 2020 wasn’t all bad…

Hello and welcome to Christmas week! There are just a few days to go before the industry’s festive break. On that subject,...

21 December 2020

From: Breaking News

Housing market stays open in new Tier 4 areas

The housing market is to stay open across the UK, including in the new Tier 4 areas of England. An announcement from Housing Secretary...

20 December 2020

From: Breaking News

Zoopla launches marketing onslaught and urges branches to stay open

A 10 week marketing campaign is being launched by Zoopla - and the portal urges agents to stay open as much...

18 December 2020

From: Breaking News

Online and super-prime agencies blasted by government report

Around half of all estate agencies selling homes for £5m or more have not even registered for anti-money laundering processes, and/or...

18 December 2020

From: Breaking News

Boomin signs another two agencies - more to be named soon

The Bruce brothers’ portal Boomin has signed two high profile regional agencies from the north of England. Manning Stainton and Farrell Heyworth...

18 December 2020

From: Breaking News

Budget date is in time for U-turn on stamp duty holiday extension...

The next Budget will be held on March 3 next year - in time for Chancellor Rishi Sunak to change his...

18 December 2020

From: Breaking News

Your Christmas images - and we’ve got the man himself

Hello and a final ‘send your pictures and videos’ message from us to you. There’s still time to email images to press@estateagenttoday.co.uk...

18 December 2020

From: Breaking News

Agents Do Charity - the final fund-raising of 2020

Here we are, on the brink of a festive season like never before, and approaching the end of 2020. Although a dreadful...

18 December 2020

From: Breaking News

Madness! Government refusal to extend SDLT holiday provokes anger

Agents and property experts have reacted angrily to the government's refusal to extend the stamp duty holiday. The government has told campaigners that...

17 December 2020

From: Breaking News

Agents Losing Money: Fall throughs cost £10k a month per branch

Fall throughs which could be avoided by Reservation Agreements have cost agency branches an average £10,000 per month. That’s the claim from digital...

17 December 2020

From: Breaking News

Business Interruption Insurance - agents must wait even longer

The hundreds of estate and lettings agencies involved in various Business Interruption Insurance policies must wait even longer to find their...

17 December 2020

From: Breaking News

Another record for house prices as official figures show rapid growth

Another day, another index, another record - house prices rose 5.4 per cent annually in October according to official figures from the Office...

17 December 2020

From: Breaking News

Sheepish grins, woolly jumpers, and Ewe-tide greetings

With a headline like that, we can only be talking about the annual EweMove Christmas video, consisting of the hybrid agency’s...

17 December 2020

From: Breaking News

Agents demand immediate tax action to help market

NAEA Propertymark has written to the Scottish Government demanding it extend the current Land and Buildings Transaction Tax holiday - the...

17 December 2020

From: Breaking News

Boomin signs up OnTheMarket founder agency

Douglas & Gordon, one of the highest profile London agency networks, is the latest signing for the yet-to-launch Boomin portal. The agency...

16 December 2020

From: Breaking News

Yes Purplebricks - but how many homes do you actually SELL?

Mystery still surrounds the number of homes actually sold by Purplebricks, despite upbeat statements regarding the number of instructions it wins. The...

16 December 2020

From: Breaking News

PropTech Today: Trends to watch for in 2021

It is the end of my column for another year, my 4th if I am not mistaken.  This year has seen a...

16 December 2020

From: Breaking News

Suzy Lamplugh: TV show reveals ‘new witness’ 34 years on

A TV show relating the story of London estate agent Suzy Lamplugh will this evening reveal that there is a possible new...

16 December 2020

From: Breaking News

Agency changes Rightmove entry after watchdog intervenes

Estate agency Move has had to change a description on Rightmove following an intervention by the Advertising Standards Authority. The agency described...

16 December 2020

From: Breaking News

Christmas pics and vids - our most fantastic selection yet…

Christmas is creeping up on us and, for some agents at least, a short seasonal closedown beckons. To get us in the...

16 December 2020

From: Breaking News

Could down valuations lead to professional negligence claims?

Down valuations could leave some surveyors liable to professional negligence claims, a law firm says. Nelsons law firm says down valuations have...

15 December 2020

From: Breaking News

Purplebricks to test new pricing models next year

Purplebricks says it’s to continue to test new pricing models next year - and has not ruled out completely moving away...

15 December 2020

From: Breaking News

OnTheMarket revamp under highly-paid new chief executive

OnTheMarket is to undergo a revamp under its new chief executive, former Foxtons agent Jason Tebb - who has been given...

15 December 2020

From: Breaking News

Mental health: bigger issue in agency industry than many believe

A survey conducted by charity Agents Together suggests a large majority of industry people would like to see more focus on...

15 December 2020

From: Breaking News

More complaints to Ombudsman this year, despite market closure

The Property Ombudsman says there have been more complaints lodged about agents so far in 2020 than in 2019. This is despite...

15 December 2020

From: Breaking News

Ho! Ho! Ho! Tinsel and a spectacular political card for you today…

There’s no let up in your fantastic festive photos and videos as we enter the final laps of the race to...

15 December 2020

From: Breaking News

Cyber attack hits council searches and will take months to recover

A cyber-attack on a London council has caused some transactions to fall through and others to be significantly delayed. The attack occurred...

14 December 2020

From: Breaking News

Market frenzy to last until spring at least says Rightmove

If you fear the market will slow after Christmas, think again - Rightmove is expecting several months of frenzied transactions to...

14 December 2020

From: Breaking News

Property Jobs Today - 2020’s final look at movers and shakers

Hello - and here we are nearing the end of the strangest of years.  With agents and industry suppliers rushed off their...

14 December 2020

From: Breaking News

Stamp Duty rush causing mental health issues for conveyancers

Solicitors’ leaders say members of their industry are suffering mental health problems as a result of the workload to meet the...

14 December 2020

From: Breaking News

10 days to go - more Christmas pictures and a video here

Hello and welcome to the final full working week before Christmas 2020. With everyone pre-occupied with Covid, the festive season has crept...

14 December 2020

From: Breaking News

Branch closures and Covid lead to big LSL revenue slump

Revenues have slumped by 18 per cent at LSL Property Services, the corporate which boasts Your Move and Reeds Rains and...

14 December 2020

From: Breaking News

Boomin delays launch of portal until early next year

The launch of much-hyped new portal Boomin, originally scheduled for this month, has now been pushed back until early next year. A lengthy letter sent...

11 December 2020

From: Breaking News

Many buyers feel ‘pressured by agent to use in-house mortgage firm’

A study of 2,000 home owners shows that over a third have felt pressured by an agent into use its in-house mortgage...

11 December 2020

From: Breaking News

Foxtons reports improved sales performance this autumn

Foxtons has this morning reported to shareholders that its sales revenue has improved - although both mortgage and lettings revenue have...

11 December 2020

From: Breaking News

Cash buyers bagging big discounts in London says agency

A prominent London agency says cash buyers are securing substantial discounts in prime areas of the capital. The biggest cash discount currently...

11 December 2020

From: Breaking News

Special visitor at estate agency… well, it’s Christmas after all

Welcome to the weekend - and there are just two of these left before Christmas, so it’s time to hit the...

11 December 2020

From: Breaking News

Price falls lead to stronger sales in super-prime London says agency

In the six months to November there’s been a 79 per cent increase in sales of homes priced £5m to £10m says Knight...

11 December 2020

From: Breaking News

Agents Do Charity - a supplier, a climb, a competition, and awards

Hello and welcome to our latest doffing of the cap in honour of those in our industry fund-raising for great causes....

11 December 2020

From: Breaking News

Exclusive - Agents' training and licensing latest from the chair of RoPA

First off, hello and welcome to this new series – appearing in Estate Agent Today’s Breaking News section each month –...

10 December 2020

From: Breaking News

Do we want Flood Performance Certificates as well as EPCs?

A not-for-profit group of government and insurance industry representatives wants a Flood Performance Certificate to be issued for every home. The group,...

10 December 2020

From: Breaking News

Capital Gains Tax hike may LOSE money, says investment chief

A leading property consultancy is suggesting that a possible increase in Capital Gains Tax could end up losing money for the...

10 December 2020

From: Breaking News

Market losing steam as RICS worries about slowdown in 2021

The sales market is currently strong but the Royal Institution of Chartered Surveyors has issued a warning about a slowdown next...

10 December 2020

From: Breaking News

More Christmas pics - oh no, it's elf'n'safety!

Hello - December is whizzing along. Do you know it’s just two weeks today that we will be enjoying Christmas Eve?...

10 December 2020

From: Breaking News

UK’s property taxes highest in world according to official figures

The UK has topped the rankings for the highest property taxes as a percentage of overall taxation in the developed world...

09 December 2020

From: Breaking News

Buyer feedback is key in helping agents adapt to market changes

Buyer feedback is a key resource for agents who want to keep on top of market changes and so handle vendors’...

09 December 2020

From: Breaking News

“Deplorable” government slammed for years of housing problems

A scathing document produced by MPs slams the government for its “deplorable” housing policies which are "invented, abandoned and reinvented" -...

09 December 2020

From: Breaking News

Tree-mendous - agency has branches in its office this Christmas

With just over two weeks to go to Christmas and the well-deserved break for the industry, we’re delighted that your pictures...

09 December 2020

From: Breaking News

New homes slated for “stubbornly low” design quality

The design quality of new homes and neighbourhoods across the UK remains stubbornly low, according to a new report by academics.  The...

09 December 2020

From: Breaking News

PropTech News: trio of new products and partnerships

A series of PropTech announcements over recent days suggest the sector is still buoyant with innovation. Firstly it’s been revealed that agents...

09 December 2020

From: Breaking News

Agents ‘are good at pretending they’re qualified’ says agency CEO

A London estate agency chief executive says agents "have become good at pretending that they are qualified and regulated when the...

08 December 2020

From: Breaking News

House price rises have far out-stripped stamp duty savings

Another day, another house price record as the bull market continues. The latest Halifax index shows prices surging 7.6 per cent to...

08 December 2020

From: Breaking News

Countrywide shares soar as company urges investors to sit tight

The saga over the future of Countrywide continues with the company urging its shareholders to take “no action” over the latest...

08 December 2020

From: Breaking News

On The Fence! - MPs stay neutral over stamp duty holiday extension

MPs lobbied by agents to extend the stamp duty holiday are staying firmly on the fence with standard answers and no...

08 December 2020

From: Breaking News

Dog-gone! It’s more of your fabulous festive photos…

Hello and welcome to our latest selection of photos from agencies which have dressed their offices for Christmas. We’ve had another great...

08 December 2020

From: Breaking News

Agency launches with eco-friendly focus on sustainability

A new family-run estate agency in Cornwall claims to be the first in the county to focus on green thinking, championing...

08 December 2020

From: Breaking News

If you want a stamp duty holiday extension, sign here…

A petition has been launched demanding a stamp duty holiday extension. The online petition is the idea of Jonathan Steel - a layperson...

07 December 2020

From: Breaking News

Connells makes increased offer for Countrywide

Connells has this morning made a dramatic improvement in its bid to takeover Countrywide. It has increased its cash offer from 250p...

07 December 2020

From: Breaking News

Zoopla membership at three-year high after 1,000 new branches join

Zoopla has added over 1,000 branches since lockdown began in March, taking total membership of offices and new homes to a...

07 December 2020

From: Breaking News

Phil Spencer: sellers can avoid January blues with positivity from agents

As we approach the most unusual of festive periods, many property professionals will already be thinking about the January market and...

07 December 2020

From: Breaking News

Bah Humbug! We’re back with your Christmas videos…

Put the pandemic on the back burner. Forget the freezing weather. Here’s a great way to start a working week -...

07 December 2020

From: Breaking News

PropTech: Boomin reveals first CRM integration

Software provider Dezrez has entered into an integration partnership with Boomin - the fledgling portal’s first PropTech deal.  The agreement ensures that...

07 December 2020

From: Breaking News

Private equity firm wanting control of Countrywide says it’s nearly there

The private equity company which wants to take control of Countrywide has issued a statement saying it now has the support...

04 December 2020

From: Breaking News

Takeover: Hunters gives January 1 deadline to Property Franchise Group

The Property Franchise Group has approached Hunters about a possible takeover. Confirmation came this morning in a statement from Hunters, which you can...

04 December 2020

From: Breaking News

Transaction hold-ups: a different view on why sales are delayed

A leading conveyancing sector spokesmen says some mortgage lenders are making the current delays in the house buying process worse. Rob Hailstone,...

04 December 2020

From: Breaking News

Prime London prices slashed as Brexit and Covid worry buyers

A new survey of prime London property shows 21 per cent of homes on sale have had their asking prices cut...

04 December 2020

From: Breaking News

Another Christmas agency video - this time an annual treat…

It’s always a treat each year to see the video and Christmas images produced by RedDoor Homes, a hard-working independent agency...

04 December 2020

From: Breaking News

Sellers can start conveyancing as soon as they list - claim

A digital resource hub for estate agents launches a new product today, claiming to shorten transaction times.  Sort Move, which has been...

04 December 2020

From: Breaking News

New industry regulator could use versions of TPO codes of practice

The industry regulator who comes into force when the Regulation of Property Agents’ recommendations are adopted may take over versions of...

04 December 2020

From: Breaking News

Agents Do Charity - heartwarming festive fund-raising galore…

Hello, and if it’s Friday it can only mean Charity day as we celebrate the industry’s continuing fund-raising despite challenges from...

04 December 2020

From: Breaking News

Time to sell soars by over 110 days in worst hit part of Britain

It now takes an average 12 days longer to complete a sale in Britain compared to a year ago - but...

03 December 2020

From: Breaking News

Another 300+ branches list on Boomin as it signs major agency

Belvoir has become the latest major agency group to sign up to Boomin as a founder agent.  The properties of all four...

03 December 2020

From: Breaking News

Can mortgage offers be withdrawn between exchange and completion?

An alarming story has appeared in the mortgage trade press, highlighting an apparent pitfall in the house buying process that has...

03 December 2020

From: Breaking News

Long-standing portal Mouseprice bought by property social network

One of the oldest portals in the UK, Mouseprice, has been bought by a service which describes itself as the country’s...

03 December 2020

From: Breaking News

Baileys, Prosecco and a Tree - it can only be your Christmas videos

Hello and welcome to the latest of our parade of estate agency videos and photographs to mark Christmas 2020. It may be a...

03 December 2020

From: Breaking News

Modern Method of Auction attracts Zoopla member agents

Over 100 Zoopla member branches have signed up to the Modern Method of Auction system offered via the portal. Over the summer Zoopla...

03 December 2020

From: Breaking News

Richard Rawlings’ Leadhub marketing tool acquired by Spectre

Leadhub, a prospecting tool created by estate agency trainer Richard Rawlings, has been acquired in what he calls “a classic case...

03 December 2020

From: Breaking News

Countrywide's future uncertain as shareholders reject Connells bid

Countrywide has this morning rejected an £80m offer made for it by Connells Group. On November 23 Connells announced that its due...

02 December 2020

From: Breaking News

Michael Bruce bats away accusation of “bullying tactics”

Purplebricks founder Michael Bruce has batted away a stinging attack on him made by allAgents, a review website. allAgents has set up...

02 December 2020

From: Breaking News

Boomin wants founder agents on boards leading the portal

Upcoming portal Boomin has written to its founder agents inviting one of them to take up a seat on the main...

02 December 2020

From: Breaking News

PropTech Today: Weak leadership threatens innovation

After you. No, after you. That is often how innovation seems amongst the real estate elite. And this week I see it...

02 December 2020

From: Breaking News

NAEA chief delays retirement to help restructure Propertymark

Mark Hayward, who was scheduled to retire at the end of this month, is to stay on at NAEA Propertymark as...

02 December 2020

From: Breaking News

Your Christmas office pics - two crackers start the festive season

We’re off and running with our annual showcase of the decorations and festivities in agency branches and for those working from...

02 December 2020

From: Breaking News

Housing market defies gravity as prices now hit five year high

Annual house price inflation is now running at 6.5 per cent according to the latest Nationwide index after a 0.9 per...

02 December 2020

From: Breaking News

Lessons for estate agents from Sir Philip Green’s fall from grace

One of the hybrid agency sector’s leading agents says there are key lessons our industry can learn from the collapse of...

01 December 2020

From: Breaking News

Boom still not over as mortgage approvals hit 13-year high

The housing market may be slowing as we enter December but the latest snapshot suggests there’s still momentum with mortgage approvals...

01 December 2020

From: Breaking News

Backer of self-employed agent model admits: ‘There are risks’

One of the biggest supporters of the self employed estate agent business model admits there are risks and it’s not for...

01 December 2020

From: Breaking News

PropTech product for independent agents claims to slash 'lost business'

The Federation of Independent Agents trade group has unveiled a new automated nurture product available exclusively to members - and it claims...

01 December 2020

From: Breaking News

So this is … time for your Christmas pictures and videos

It’s already a cliche to say that Christmas will be a little different this year - and in reality it will...

01 December 2020

From: Breaking News

Brexit and Coronavirus? Housing market sentiment strong despite crises

Public sentiment over the housing market remains stable despite the Coronavirus crisis and the possibility of a No Deal Brexit. That’s the conclusion...

01 December 2020

From: Breaking News

Stamp duty clampdown revealed by HMRC and advertising watchdog

HM Revenue and Customs and the Advertising Standards Authority are working together to cut out misleading marketing by promoters of stamp...

30 November 2020

From: Breaking News

Referral Fees - agents should disclose them up-front insists Ombudsman

The Property Ombudsman has joined calls for greater disclosure of referral fees by agents.  The issue has become a hot topic in...

30 November 2020

From: Breaking News

Tragedy as young branch manager dies from Coronavirus

A young Kent estate agent has died after contracting Covid 19 at the age of 28.  Chris Cane was branch manager of...

30 November 2020

From: Breaking News

Property Jobs Today - the latest movers and shakers

We are on the threshold in December with the pandemic still dominating but we’re delighted there is still positive jobs news...

30 November 2020

From: Breaking News

Hundreds of agents sign up to free-to-list portal group

Free-to-list portal group OneDome claims 425 estate agency branches joined its listing services last month,  OneDome Group operates two portals, OneDome and...

30 November 2020

From: Breaking News

Agents still worried about cliff-edge threat to stamp duty holiday

NAEA Propertymark has renewed its warning that a cliff-edge threatens housing market stability as the stamp duty holiday ends. The organisation’s outgoing chief...

30 November 2020

From: Breaking News

Boomin wins backing of ‘anti-Purplebricks’ industry guru

One of the highest profile figures in the agency industry - and a past critic of Purplebricks - has come out as a vociferous...

27 November 2020

From: Breaking News

“Knackered” Countrywide suffers media onslaught

Criticism of the management of Countrywide has reached new levels of derision as the mainstream media have attacked the chaos surrounding...

27 November 2020

From: Breaking News

Valuations and transactions cooling as tougher Tiers arrive

The housing market in England and Wales is stabilising, according to analysis of web traffic from a property advice site.  Valuation requests...

27 November 2020

From: Breaking News

Agency wins key role in growing retirement community sector

The high profile Yorkshire agency chain Dacre, Son & Hartley has been appointed by the largest charity care provider for older...

27 November 2020

From: Breaking News

Agents Do Charity - from Christmas parties to Christmas carols

We’re just a few days from December so why not get into the festive spirit a little early and get some...

27 November 2020

From: Breaking News

Property tax rises and falling house prices coming in 2021

Property tax rises and falling house prices look as if they are on the way according to the small print accompanying...

26 November 2020

From: Breaking News

Stamp duty holidays don’t help market, claims tax expert

Stamp duty breaks have historically done little to help the housing market - and it’s the same now. So says David Hannah,...

26 November 2020

From: Breaking News

Agency opens in what may be Britain’s most-mocked location

A new estate agency in one of the country’s most widely-mocked towns has opened its doors - and is not afraid...

26 November 2020

From: Breaking News

Multiple tough lockdowns have not deterred this housing market

Average house prices in Wales have risen three per cent in the past year, despite multiple difficult lockdowns considered more severe...

26 November 2020

From: Breaking News

Online network now has Modern Method of Auction link

Online network love2move - which gives partner High Street agents an option to offer vendors an online sales service - is...

26 November 2020

From: Breaking News

Sunak pledges new homes but does not hike property tax - yet

Chancellor Rishi Sunak has resisted changing any property taxes in the short term, but has used his Spending Review statement to...

25 November 2020

From: Breaking News

Boomin now claims 40% of the top 100 UK agencies

The soon-to-launch Boomin portal has signed up a national firm and now claims to have recruited 40 per cent of the...

25 November 2020

From: Breaking News

Lobby your MP over stamp duty holiday extension, says Guild

The Guild of Property Professionals is urging the industry - all agents, not just its own members - to lobby MPs...

25 November 2020

From: Breaking News

Boom market to go on into 2021 - but then expect bumps in the road

Zoopla’s research team is anticipating the first quarter of next year will see the current boom continue as 100,000 additional sales...

25 November 2020

From: Breaking News

PropTech: New agents' CRM launches after three years in development

A high-profile publicity campaign has culminated in the launch of a new CRM which calls itself as “a transformative new technology, empowering...

25 November 2020

From: Breaking News

Sunak’s Big Day: “Don’t make knee-jerk property tax rises” he’s told

Today sees the government’s Spending Review, with Chancellor Rishi Sunak taking centre stage as he presents a 12 month spending plan to...

25 November 2020

From: Breaking News

Rightmove finds its happy (there are pasties and cream teas)

What’s the happiest place in Britain? Rightmove has the answer. In a new ‘Happy At Home’ index calculated by the portal and...

25 November 2020

From: Breaking News

Countrywide senior management in shock decision to quit the company

A statement this morning from Countrywide's board says both its executive chairman and its group managing director are leaving the company.  It...

24 November 2020

From: Breaking News

Agency launches huge recruitment drive with jibe at Countrywide

Connells Group has announced a major recruitment drive as it looks to create 250 new agents' positions - and it’s launched...

24 November 2020

From: Breaking News

Corona Update: Agents seeking urgent guidance from government

Propertymark is in touch with the government to see how the new Tier structure being introduced on December 3 will affect...

24 November 2020

From: Breaking News

Business Interruption Insurance Scandal - agents go on waiting

Agents anxious to know if they will receive a payout from their Business Interruption Insurance will have to wait still longer...

24 November 2020

From: Breaking News

Bring on agency regulation and training, say new industry chiefs

The agency industry’s new leaders for the coming year have expressed strong support for reform recommendations promoted by the Regulation of...

24 November 2020

From: Breaking News

PropTech link-up aims to speed up transaction times

Two prominent suppliers have teamed up to offer customers instant visibility of chain lengths, details of agents connected to properties being...

24 November 2020

From: Breaking News

Revealed - where it takes over 200 days to complete a house sale

A survey of completion times for house sales over the past four years suggests that the worst performing local authority area...

24 November 2020

From: Breaking News

Countrywide faces multiple risks if it doesn’t sell to Connells - claim

Connells has increased the temperature in its bid for Countrywide with a surprise statement this morning outlining risks run by Countrywide if...

23 November 2020

From: Breaking News

Tougher Corona restrictions: Agents to be told how market will work

Agents should know in the next 36 hours how new Coronavirus restrictions will affect how they work. The Prime Minister is announcing...

23 November 2020

From: Breaking News

Countrywide brand unveils “transformational” new image

One of Countrywide’s two up-market brands, Hamptons International, has unveiled a new look which it describes as part of “a transformational...

23 November 2020

From: Breaking News

Flipping makes a comeback with big profits made by investors

The mixture of the stamp duty holiday and generally fast-rising house prices has led to a resurgence of flipping. Data released this...

23 November 2020

From: Breaking News

Will relaxed EWS1 safety checks allow thousands of flats to be sold?

Safety checks which are apparently now preventing thousands of owners selling flats are to be eased - but there is confusion...

23 November 2020

From: Breaking News

Price rises overtake stamp duty holiday savings in many places

It may make little difference to agents but a leading analyst suggests thousands of buyers have effectively lost money on their purchase...

23 November 2020

From: Breaking News

 Market boom goes on according to strong mortgage search figures

A mortgage technology platform has released figures suggesting the housing market remains strong, with high numbers of searches by buyers for...

23 November 2020

From: Breaking News

Conveyancer attacks “outdated” and “age old processes”

The director of a conveyancing technology company has hit out at what he calls “an over-reliance on outdated processes” and “age-old...

20 November 2020

From: Breaking News

Countrywide opens a new branch after 50 closures this year

Countrywide, which is thought to have closed over a fifth of its branches in recent years, has opened a new office...

20 November 2020

From: Breaking News

Reapit names IT supremo as its new chief executive

Reapit has named Mark Armstrong as the new chief executive officer, the post occupied by the high profile and popular Gary...

20 November 2020

From: Breaking News

Ewe interested? Hybrid aims to double in size by late 2022

High profile franchise hybrid agency EweMove has announced ambitious plans to double agent numbers within two years. The firm - which has...

20 November 2020

From: Breaking News

Transaction volumes edging higher than 2019 despite Covid

Transactions appear to be edging higher than in 2019 for the first time this year - despite lockdowns and concerns caused...

20 November 2020

From: Breaking News

Agents Do Charity - and an early mention of …. Christmas

Hello and welcome to the end of the week - Friday means charity day, with an update on our industry’s latest...

20 November 2020

From: Breaking News

Trading Standards to advise Boomin on referral fees disclosure

The Boomin portal, which incentivises agents to cross-sell and benefit from referral fees, is to receive advice on fee disclosure from...

19 November 2020

From: Breaking News

 Slowdown ‘is right time to invest in PropTech to optimise revenue’

The founder of OneDome says a likely housing market slowdown is the perfect time for agents to optimise revenue by investing in PropTech. Babek Ismayil believes...

19 November 2020

From: Breaking News

Where will agents find the most lucrative housing markets?

New research attempts for the first time to identify the most lucrative property markets in the country - with surprising results...

19 November 2020

From: Breaking News

Price caps revealed for buyers using new Help To Buy scheme

The government has revealed new regional price caps for its revamped Help To Buy Equity Loan scheme, set to operate between...

19 November 2020

From: Breaking News

Why the delay? Leasehold lobby presses government for action

A leasehold group has written to Housing Minister Chris Pincher pressing for an update on the government’s approach to reform for...

19 November 2020

From: Breaking News

Will Boomin’s “fair fees” tempt agents to quit Rightmove?

The new property portal Boomin has revealed its fees structure for agents. Tapping into the industry debate over portal fees, Boomin describes...

18 November 2020

From: Breaking News

Conveyancers outperform agents for recent customer service say ESTAS

The customer service performance of conveyancers has improved in recent months according to the ESTAS review platform.  The long-standing and sometimes-heated debate...

18 November 2020

From: Breaking News

Chew on that! Purplebricks’ new marketing chief is restaurant supremo

Purplebricks has just appointed its new chief marketing officer, who was most recently global director of restaurants at a food chain. Ben...

18 November 2020

From: Breaking News

 Rightmove cleared - watchdog throws out complaint about TV advert

A TV advert for Rightmove first screened in 2018 has been cleared of gender stereotyping. A complaint to the Advertising Standards Authority...

18 November 2020

From: Breaking News

PropTech Today: how to cope with technological change

A slight change to the normal column this week. I was very fortunate to be given the virtual floor at the...

18 November 2020

From: Breaking News

Huge over-supply means London facing “perfect storm” - warning

The Home website, which publishes a detailed monthly snapshot of the market, has raised the alarm over London because of a...

18 November 2020

From: Breaking News

Online agents and bucketshop conveyancers ‘causing transaction delays’

One of the country’s top buying agents is advising purchasers and vendors to avoid online agencies and 'bucketshop' conveyancers. Edward Heaton - founder...

17 November 2020

From: Breaking News

Tragedy as estate agent, 36, found to have taken his own life

A young estate agent who set up his own online auction service took his own life after a long period suffering...

17 November 2020

From: Breaking News

Buyer Information Packs give agents an edge over fall-throughs - claim

Estate agents can stand out from the crowd and help consumers through lockdown by providing a more secure sales process, a...

17 November 2020

From: Breaking News

Boomin still booming: another 10 agency sign-ups

The soon-to-launch portal Boomin - set up by the people who founded Purplebricks- has signed another 10 independent agents. They are all...

17 November 2020

From: Breaking News

Agency chief claims self-employed model led to record month

A regional wing of Fine & Country has reported a record month - and puts it down to the self-employed ‘associate’ business model...

17 November 2020

From: Breaking News

Management buyout for long-established regional agency chain

A five-branch agency in the westcountry is the subject of a management buy out by two directors. Westcoast Properties - with branches...

17 November 2020

From: Breaking News

Agents must be crystal clear on fees, watchdog tells industry

The advertising watchdog has told the agency industry to clean up its act on four issues, with clarity over fees being...

16 November 2020

From: Breaking News

Vaccine injects new life into housing market

Just when you thought the housing market was beginning to calm down... along comes a likely vaccine for Coronavirus. One of the country’s...

16 November 2020

From: Breaking News

Agents should give conveyancers more information up-front - call

A prominent PropTech supplier wants agents to hand over much more information to conveyancers to allow them to make faster progress on...

16 November 2020

From: Breaking News

Property Jobs Today - movers and shakers across our industry

Hello and welcome to the latest PJT, your opportunity to catch up on who’s moving where in the agency and supplier...

16 November 2020

From: Breaking News

Social media first for Zoopla with ‘hyper local’ image campaigns

Zoopla is the first UK property company to launch advertising on Pinterest, the lifestyle picture-centric social media platform. A statement from Zoopla...

16 November 2020

From: Breaking News

Lockdown ‘not hurting market’ despite dip in asking prices

Asking prices are down for the first time in many months. It’s a small drop - an average of 0.5 per cent...

16 November 2020

From: Breaking News

Allow sales that have exchanged to have stamp duty holiday - call

A law firm wants the government to agree that properties that have exchanged but not yet completed can definitely benefit from the...

13 November 2020

From: Breaking News

Free-to-list portal set to launch Artificial Intelligence marketing system

Residential People, one of many free-to-list platforms in the hectic portal marketplace, is set to launch which it calls its “AI...

13 November 2020

From: Breaking News

Capital Gains Tax hike is GOOD news for agents, insists top analyst

One of the industry’s leading commentators says an unintended consequence of a possible Capital Gains Tax increase could be a bonus...

13 November 2020

From: Breaking News

Watchdog to probe merger of popular agency crowdfunding sites

The Competitions and Markets Authority is to probe the proposed merger of two crowdfunding sites used by numerous property industry companies. Crowdcube...

13 November 2020

From: Breaking News

Agents Do Charity … on Children In Need day…

Hello and welcome to your regular Friday charity round-up from the industry - appropriately enough on the day of the latest...

13 November 2020

From: Breaking News

Agent threatened with prosecution for opening office to the public

An unidentified estate agency has been threatened with prosecution by a local council after opening its office to the public during...

12 November 2020

From: Breaking News

Tax Bombshell: CGT could double under new proposals

A report commissioned by the government suggests a doubling of Capital Gains Tax on profits from the sale of second homes. The government -...

12 November 2020

From: Breaking News

Self-employed agents thrive - if they work harder than before

A leading enthusiast of the self-employed agency business model says even in these challenging times people can make a success of...

12 November 2020

From: Breaking News

Coronavirus has “barely dented” sales and rental markets - RICS

The latest Royal Institution of Chartered Surveyors review of sales and rentals, often amongst the most pessimistic of analyses, says Covid 19...

12 November 2020

From: Breaking News

TV consumer champion demands action to free ‘mortgage prisoners’

A new report funded by high profile consumer champion Martin Lewis says the government must do more to help ‘mortgage prisoners’. These...

12 November 2020

From: Breaking News

Multi-million pound boost for PropTech bid to speed transactions

A PropTech platform that says it halves the time taken for transactions has just completed a multi-million pound investment round. Coadjute - which...

12 November 2020

From: Breaking News

Second Covid wave not hurting London house sales - top agent

The London sales market is slowing as Christmas nears but no significant impact has been caused by the second wave of...

12 November 2020

From: Breaking News

Investors in Countrywide prepare for bargaining with Connells

Various investors in Countrywide have submitted early online paperwork to The Panel on Takeovers and Mergers - the red tape required to...

11 November 2020

From: Breaking News

Is the market turning? Momentum slowing down, report surveyors

The first monthly market monitor to show activity in the housing market tailing off has appeared - and it says momentum...

11 November 2020

From: Breaking News

He's Hired! Apprentice star returns to estate agency industry

A former London estate agency owner and finalist on The Apprentice says he’s now returning to the sector to sell new-builds. Jamie...

11 November 2020

From: Breaking News

Independents are our industry’s backbone - want to be involved?

As you may have seen over the weekend, the long-running Property Natter column – penned by Angels Media chief executive, Nat...

11 November 2020

From: Breaking News

Fall-throughs threat: Buyers will pull out if they miss SDLT deadline

A survey of people currently buying property suggests as many as a quarter may pull out if they know they’ll miss...

11 November 2020

From: Breaking News

RICS’ new survey will be “real change” to improve buying process

The Royal Institution of Chartered Surveyors says its new Home Survey Standard will be implemented from March and will represent a...

11 November 2020

From: Breaking News

Countrywide shares soar despite more branch closures

Countrywide shares soared yesterday, rising 47 per cent on the previous close at one point as investors relished the prospect of...

10 November 2020

From: Breaking News

Buyer Beware to be scrapped? Conveyancers debate alternatives

Conveyancers have considered whether the long-standing ‘caveat emptor’ or buyer beware principle in a property purchase should be replaced by ‘vendor...

10 November 2020

From: Breaking News

Boomin signs up hundreds of new franchise branches

The six brands that make up The Property Franchise Group are the latest signings for yet-to-launch portal Boomin. TPFG’s brands are national...

10 November 2020

From: Breaking News

Leading London independent agency drops franchise structure

Aspire, the six-branch south west London agency, has dropped its previous franchise structure and reverted to being owned outright by its...

10 November 2020

From: Breaking News

Agents wanted to work with high-funded quick buy company

A relaunched home buying service says it wants to partner with agents to unlock sales if the housing market deteriorates. The service...

10 November 2020

From: Breaking News

Countrywide at risk of entering administration - claim

Connells has issued a counter statement to this morning’s announcement by Countrywide that a possible takeover is underway. At 7am Countrywide revealed...

09 November 2020

From: Breaking News

Takeover Underway? - Connells begins bid to buy Countrywide

It’s been announced this morning that Connells is in takeover discussions with the troubled Countrywide agency group. Countrywide has given Connells until...

09 November 2020

From: Breaking News

Major English Football League deal for High Street agency

Your Move is to become the English Football League’s official Communities Supporter for the coming season. The agency is already an Official...

09 November 2020

From: Breaking News

Conveyancing firm to tell buyers they will miss stamp duty holiday

A leading firm of conveyancers will this week tell new clients that their property purchases are likely to miss the stamp...

09 November 2020

From: Breaking News

House prices soar 7.5% in a year but it may all change soon

House prices by the end of October were running 7.5 per cent above their level a year ago - but the...

09 November 2020

From: Breaking News

Agents back to work today after 17-day ‘fire break’ in Wales

While England’s national lockdown exempts the housing market and allows agents to operate normally, it’s not been the same in Wales...

09 November 2020

From: Breaking News

Foxtons’ management bonuses stay after ‘voting problem’ revealed

Foxtons has announced that its remuneration policy for senior management is to stay unchanged - and it says a voting problem...

09 November 2020

From: Breaking News

Date revealed for largest-ever combined ESTAS 2021 Awards

The 2021 ESTAS Customer Service Awards are to be held on Friday June 11. For the first time the awards will host...

09 November 2020

From: Breaking News

Online firm renews attack on high street agents’ charges

Strike, the firm previously known as HouseSimple, has launched another attack on the charges levied by High Street agents. This time it is...

06 November 2020

From: Breaking News

Will extended furlough help struggling agents and suppliers?

Chancellor Rishi Sunak has extended the furlough scheme until the end of March. It will continue under the current rules, with the...

06 November 2020

From: Breaking News

Many firms sceptical of automated anti-money laundering systems

Over a fifth of key businesses say they do not trust any element at all of automated anti-money laundering checks and...

06 November 2020

From: Breaking News

Buyers fleeing cities don’t always get more for their money

The trend of buyers apparently fleeing the city to get more for their money in the country has hit the buffers...

06 November 2020

From: Breaking News

Agents Do Charity - good works continue through the lockdown…

Hello and welcome to yet another Agents Do Charity, the weekly forum for the industry to share its good news on...

06 November 2020

From: Breaking News

Boomin signs online agency amongst 10 new founding members

Fledgling portal Boomin - launching later this month - has announced another 10 independent regional agencies as founder members. This includes its...

05 November 2020

From: Breaking News

Agents offered ‘leniency options’ to confess about industry cartels

New guidance spells out how leniency can be exercised on agencies or individuals who inform on anti-competition cartels of the kind that...

05 November 2020

From: Breaking News

Is Boris letting down the poor? Agency in rare criticism of government

High end agents usually keep their powder dry when it comes to party politics, to avoid upsetting customers. However Knight Frank has...

05 November 2020

From: Breaking News

Interest rate unchanged despite unusual early announcement

The Bank of England’s monthly interest rate decision was made today - but instead of it being announced at 12 noon,...

05 November 2020

From: Breaking News

Agency chief criticises Trump and Farage over ‘victory’ claim

Hunters chairman and Conservative MP Kevin Hollinrake has hit out at allegedly false claims made by Donald Trump and Nigel Farage. Trump’s...

05 November 2020

From: Breaking News

New house survey launched by fledgling rival to RICS

A new survey has been launched by the Residential Property Surveyors Association. The RPSA - which wants to rival the RICS as...

05 November 2020

From: Breaking News

New official guidance: What agents can do in lockdown

The government has unveiled the public health regulations which will underpin the second national lockdown in England - and the exemptions...

04 November 2020

From: Breaking News

PropTech Today: Using technology to underpin your lettings division

I remember so clearly in my Foxtons days, working as a lettings manager in Putney, that lettings, though less sexy than...

04 November 2020

From: Breaking News

Lockdown justice at last for agents with Business Interruption Insurance?

The Business Interruption Insurance saga, involving hundreds of agencies awaiting pay-outs on policies, enters its next and final stage later this month. An...

04 November 2020

From: Breaking News

Too Late! Third of England set to miss stamp duty holiday deadline

Buyers in around 30 per cent of English cities are almost certainly already too late to complete a purchase by March 31...

04 November 2020

From: Breaking News

Many overseas buyers don’t even visit Brexit bargain purchasers

A London property investment consultancy says 22 per cent of properties it’s advised overseas purchasers on this year have been bought sight-unseen. London...

04 November 2020

From: Breaking News

Rogue agents flouting AML rules ‘will be prosecuted’ says NAEA chief

A leading board member of NAEA Propertymark warns a small number of rogue agents continue to flout anti-money laundering regulations - and...

04 November 2020

From: Breaking News

Furlough pay-back: Agency in talks with HMRC

Knight Frank is in talks with HM Revenue and Customs to return furlough money as a result of relatively strong trading, notwithstanding...

03 November 2020

From: Breaking News

Agency stung by lockdown criticism reveals policy for next four weeks

An agency in London which was stung by fierce criticism in the spring lockdown has announced its policy for branch activity...

03 November 2020

From: Breaking News

Boomin portal reveals how agents will be charged for listings

Boomin is to levy a traditional monthly fee for estate and letting agents listing on the site, in line with other...

03 November 2020

From: Breaking News

Fears grow over lockdown impact on transactions

The national lockdown beginning on Thursday makes the case for an extension to the stamp duty holiday, according to a tax...

03 November 2020

From: Breaking News

Online agency offers auction service to rivals at fixed price fee

An online agency says its virtual auction service can be used even by its rivals between now and the end of...

03 November 2020

From: Breaking News

Boomin reveals 'lifetime revenue' potential for agents

Advanced information released today about Boomin suggests it will seek a much closer relationship with agents than existing portals, with lifetime...

02 November 2020

From: Breaking News

Mortgage holiday set to be extended as housing market stays open

There’s one key takeaway for agents from the weekend’s announcements on the next England-wide lockdown - the housing market is staying...

02 November 2020

From: Breaking News

Countrywide meeting later this month to decide company fate

Countrywide is to hold a special general meeting on November 18 to consider its future ownership and structure. Last month Countrywide group...

02 November 2020

From: Breaking News

Purplebricks delays fees re-structuring again

Purplebricks has issued a statement to its shareholders saying it’s ‘never been more relevant’. However, the expected radical change to its fees structure appears...

02 November 2020

From: Breaking News

Phil Spencer: Conveyancing - don't battle what you can't control

We can all agree that the recovery of the property market since May has been outstanding. The latest data from Zoopla...

02 November 2020

From: Breaking News

Stamp Duty receipts up despite first time buyer exemption

Figures just released from HM Revenue & Customs show just how much stamp duty buyers pay, at least before the current holiday...

02 November 2020

From: Breaking News

Does being Covid-safe at home artificially lift house prices?

A leading market analyst says the widespread belief that we are ‘safe’ in our homes may indirectly lead to the recent...

02 November 2020

From: Breaking News

ESTAS and Agents Together form partnership to help industry

The ESTAS awards service and the Agents Together foundation are entering into a partnership. That means all ESTAS customer agents will be...

02 November 2020

From: Breaking News

Confirmed: Housing market stays open during national lockdown

The housing market is to remain open in the four week lockdown in England. The Ministry of Housing, Communities and Local Government...

31 October 2020

From: Breaking News

Market boom to carry on into 2021 as mortgage lending soars

The housing market boom looks set to continue for some months yet as mortgage approvals for home purchases hit their highest...

30 October 2020

From: Breaking News

OnTheMarket hands shares to agents on full-tariff long-term deals

OnTheMarket has handed out more shares to agencies signing long-term agreements with the portal. It was almost three years ago that OTM, then...

30 October 2020

From: Breaking News

Drastic consequences if stamp duty holiday ends in March - agents’ chief

The housing market’s recovery will be threatened with drastic consequences for buyers and sellers if the stamp duty holiday isn’t extended beyond...

30 October 2020

From: Breaking News

What do London buyers want? Agency says it has the answers

A London agency says it's discovered the five key priorities that buyers want, following a survey of its own database. “Lockdown and...

30 October 2020

From: Breaking News

Agents Do Charity - Fangs for all your good work…

It’s Halloween time, and while this year’s festivities may be muted there’s plenty to celebrate as far as agents’ good deeds...

30 October 2020

From: Breaking News

Mandatory qualifications for agents “within two or three years”

The mandatory qualifications expected of agents have not been forgotten and will come into effect in two or three years. That’s the...

29 October 2020

From: Breaking News

Redundancies and branch closures continue at Countrywide

An extensive culling of branches and staff continues apace at Countrywide as it significantly reduces the size of both its office...

29 October 2020

From: Breaking News

Boost for Foxtons as sales improve - but revenue still down on 2019

A trading statement from Foxtons this morning provides a rare piece of good news for the troubled London agency. It says business...

29 October 2020

From: Breaking News

Stamp Duty Holiday Mayhem - Sunak urged to avoid 'cliff-edge'

Chancellor Rishi Sunak has been told to avoid a stamp duty holiday cliff-edge next March at any price - because it...

29 October 2020

From: Breaking News

Agencies’ ‘hub’ business model may apply in other industries

The so-called hub model of estate agency adopted by a growing number of firms appears to be part of a wider...

29 October 2020

From: Breaking News

Big rise in sale of £1m homes despite Covid crisis - Rightmove

The rise and rise of £1m-plus homes continues apace with new research from Rightmove showing the biggest growth areas. Data released this...

29 October 2020

From: Breaking News

He’s back: ARLA’s David Cox joins Rightmove as compliance chief

David Cox is joining Rightmove next week in a dramatic return to the industry. Cox left the ARLA Propertymark in late July after...

28 October 2020

From: Breaking News

Conveyancer names and shames councils for delays in local searches

A conveyancing firm is blaming councils for delays in transactions. Conveyancers have themselves been sharply criticised in recent weeks as the sharp...

28 October 2020

From: Breaking News

Busiest Ever Autumn? Buyers up, prices up, delays up, supply up

There are 140,000 more buyers waiting to complete on their properties right now than there were this time last year. The claim, by...

28 October 2020

From: Breaking News

SDLT holiday could be tapered or restricted to first timers - top agent

One of Britain’s most respected agents is suggesting Chancellor Rishi Sunak could ‘taper’ the stamp duty holiday to avoid a cliff-edge...

28 October 2020

From: Breaking News

Regulation of Property Agents - update for industry expected today

A progress report on the Regulation of Property Agents recommendations will be made today by a key RoPA committee member, Mark...

28 October 2020

From: Breaking News

Deferred-payment scheme for high-price London homes

A developer operating in prime central London is offering buyers a deferred-payment scheme. K10 Group says it’s doing this because of the...

28 October 2020

From: Breaking News

Facebook users to be targeted with properties matching their likes

A new tool which identifies preferences of Facebook users and then targets them with ads for appropriate homes on sale, is...

27 October 2020

From: Breaking News

Agency new recruits given just three or six month contracts

An agency recruitment firm says there’s been a big rise in short-term vacancies being offered since lockdown restrictions were lifted in the...

27 October 2020

From: Breaking News

Tinder-style new portal offers agents 12 months free listings

A new property portal that operates a Tinder-style ‘swipe’ app is offering agents 12 months free listings. MoveStreets operates like the dating...

27 October 2020

From: Breaking News

Boomin’s Backers: national and regional agencies are new founder members

Yet-to-launch portal Boomin has secured the support of 10 more estate agencies, one of them the national chain Humberts. In its third...

27 October 2020

From: Breaking News

New stamp duty surcharge may push up house prices - claim

The new two per cent stamp duty surcharge applying to non-resident buyers may cause a wide range of properties to be...

27 October 2020

From: Breaking News

Mortgage struggles and house-buying complexity hit first timers

A new survey reveals the uphill struggle first time buyers appear to be having in securing a mortgage. A study of 1,000...

27 October 2020

From: Breaking News

Many Countrywide branches now shut permanently

Estate Agent Today can reveal that a string of Countrywide offices across the country have been closed in recent weeks - but...

26 October 2020

From: Breaking News

Chaos” ahead when stamp duty holiday ends, warns NAEA chief

The outgoing chief executive of the National Association of Estate Agents is warning that the sales system continues to struggle with...

26 October 2020

From: Breaking News

Property Jobs Today - the inside track on who’s going where

Hello and welcome to a new week - and evenings that get darker earlier.  As winter approaches we’re continuing to bring you...

26 October 2020

From: Breaking News

Property Logbooks: New bid to make them part of sales process

Another attempt is being made to introduce property logbooks to the selling and buying process, and agents are invited to play a...

26 October 2020

From: Breaking News

It's a cover up! Free face masks from Propertymark's charity

They’ve got it covered - the charitable arm of Propertymark is offering free face coverings to member agents. The Arbon Trust is...

26 October 2020

From: Breaking News

Sunak tells estate agents: I'm helping to keep you in a job

Chancellor Rishi Sunak is taking credit for saving thousands of agency jobs through increased transactions prompted by the stamp duty holiday. A...

23 October 2020

From: Breaking News

Countrywide branches close ahead of private equity investment bid

At least two branches of a Countrywide agency have been closed, shortly before news broke of a proposal for a large...

23 October 2020

From: Breaking News

Agency launches first-ever radio and podcast ad campaign

Knight Frank has launched a new radio advert for the first time. The rollout marks the firm’s fourth phase of its “partners...

23 October 2020

From: Breaking News

Covid-inspired career change for independent estate agent

A reassessment of an independent agency’s activities during the Coronavirus crisis has led to it merging with a local franchise operation. Maison...

23 October 2020

From: Breaking News

Agents Do Charity - and it’s a big one as the clocks go back…

Shorter days and darker nights deflate the spirits, especially in today’s challenging circumstances, but there’s some bright news - a large...

23 October 2020

From: Breaking News

Major Countrywide shareholder rejects investment proposal

One of Countrywide’s largest shareholders has come out against a £90m investment package in the company proposed by a private equity...

22 October 2020

From: Breaking News

Countrywide gets £90m lifeline and top management clear-out

The troubled Countrywide group has announced a £90m investment by Alchemy Partners, a private equity company that specialises in investing in...

22 October 2020

From: Breaking News

Purplebricks’ big new idea - meditation for movers

Purplebricks is the first estate agency in the country to launch a meditation service to ease “the emotional rollercoaster felt by...

22 October 2020

From: Breaking News

Speed of conveyancers and lenders will decide short-term market - claim

Savills says the shape and size of the housing market in the coming months will be determined by the capacity of conveyancers...

22 October 2020

From: Breaking News

Soon-to-launch Boomin portal not just for sellers and buyers - claim

One of the latest 10 agents joining the still-to-launch Boomin portal says it could be the go-to website for all property...

22 October 2020

From: Breaking News

Tax expert claims buyers of homes-with-annexes may pay excess SDLT

A tax expert says his research suggests some buyers of homes with annexes may have paid too much stamp duty on...

22 October 2020

From: Breaking News

London buyers flee centre for outer areas, reports Rightmove

A new analysis of searches and leads to agents by Rightmove suggests buyers in London are deserting central locations in favour of...

22 October 2020

From: Breaking News

Lockdown Plea: Let agents work in offices, not at home

One of the industry's senior agency leaders says it would be a mistake for agents to be stopped from working in...

21 October 2020

From: Breaking News

Boomin names another 10 founding member independent agencies

Boomin, the still-to-launch portal created by the founders of Purplebricks, has named another 10 founding member agencies. Like the initial 10 they...

21 October 2020

From: Breaking News

PropTech Today: ‘Don't blame us, we are not the problem - you are’

I had a wry smile when I read the article on Monday from the conveyancers complaining about people getting off their...

21 October 2020

From: Breaking News

Only 10 days left to beat stamp duty holiday deadline - claim

Delays across the house buying sector mean those wanting to benefit from the stamp duty holiday need to begin the buying...

21 October 2020

From: Breaking News

Working From Home - what buyers want, and where they want to be

Agents in some parts of the country may be able to make use of data from utilities comparison service uSwitch, which...

21 October 2020

From: Breaking News

Modern Method of Auction: market leader claims record month

Online auction service Iamsold secured £52.7m in total for vendors in September, an increase of 16 per cent on the same period last...

21 October 2020

From: Breaking News

Over 700 agency branches fail to reopen after spring lockdown

Some 713 estate agency branches have failed to reopen following the spring lockdown according to a business consultancy. TwentyCi says that is the...

20 October 2020

From: Breaking News

Portal wants to list appraisal properties, not just formal instructions

Another new property portal has been launched, this one - Mutual - describing itself as the ‘Pre-Portal Property Platform for estate...

20 October 2020

From: Breaking News

London’s Foreign Buyers: surprise country heads global league table

The country producing the largest number of buyers of prime London properties is not China, nor from north America or the...

20 October 2020

From: Breaking News

£1m-plus sales soar but will future buyers beat stamp duty deadline?

Sales of £1m-plus homes have surged since lockdown as affluent buyers seek more space and lifestyle changes.  An average of 868 £1m-plus...

20 October 2020

From: Breaking News

Call for mortgage guarantee scheme plus longer stamp duty holiday

The National Association of Estate Agents wants the government to initiate a mortgage guarantee scheme to encourage more 95 per cent...

20 October 2020

From: Breaking News

Lockdown Announced - agency branches in Wales to shut for two weeks

Most agents' branches in Wales are expected to close for just over two weeks from 6pm this Friday, October 23 - moving...

19 October 2020

From: Breaking News

Foxtons data breach but “no sensitive data compromised”

Foxtons is alleged by a newspaper to have suffered a malware attack and data breach which closed its MyFoxtons client website. The...

19 October 2020

From: Breaking News

Down-valuation shock - half of buyers hit by lenders’ bad news

A mortgage service claims 46 per cent of buyers have had their prospective property down-valued by lenders - often forcing them...

19 October 2020

From: Breaking News

Conveyancers tell agents - don’t blame us for transaction delays!

Conveyancers are sending a blunt message to estate agents: transactions will take longer than usual and don’t chase us with queries and...

19 October 2020

From: Breaking News

Property Jobs Today - latest news on the movers and shakers

Hello and welcome to the start of a new week and a new edition of Property Jobs Today, your chance to...

19 October 2020

From: Breaking News

Why we’re backin’ Boomin - top agents speak out for new portal

The senior management from four of the agencies announced as founding members of Boomin have spoken out in favour of the...

19 October 2020

From: Breaking News

Some sellers are now asking too much, reveals Rightmove

The latest Rightmove asking price index shows the extraordinary market and amazing times we are living through. The average price of property coming...

19 October 2020

From: Breaking News

Top Ten! Boomin portal reveals high profile founding agencies

The new Boomin portal being launched shortly has named 10 high profile agency chains as founding members. The 10 give the new portal...

16 October 2020

From: Breaking News

Zoopla offers agents free virtual viewings in new PropTech deal

Zoopla has linked with a PropTech company led by the former boss of Purplebricks to offer agents free virtual viewings services. The...

16 October 2020

From: Breaking News

Industry Redundancies: Agents Together launches support programme

Agents Together, the wellbeing and mentorship service which came into existence earlier this year, is launching what it calls a Redundancy...

16 October 2020

From: Breaking News

There may be trouble ahead…Mortgage lending to get tougher

A Bank of England survey suggests it may be more difficult for prospective buyers to get a mortgage later this year. In...

16 October 2020

From: Breaking News

Agency bought by hotel group pledging jobs growth

An estate agency in Lancashire has been taken over by a hotel group, which pledges to expand and create more jobs. Mikhail...

16 October 2020

From: Breaking News

Agents Do Charity - even as things get just a little tougher…

Let’s be honest: things are getting just a little tougher aren’t they?  We’re delighted to say that the spirit of the industry...

16 October 2020

From: Breaking News