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Sales plummet thanks to Brexit and taxes says investment guru

Transactions across England and Wales in September dropped 7.6 per cent year on year while Prime Central London now sees fewer than...

23 October 2018

From: Breaking News

Coup for OnTheMarket as it signs Britain's biggest franchise agency

OnTheMarket has this morning announced that franchise giant Belvoir will list all of its 300-plus branches on the challenger portal.  This includes...

23 October 2018

From: Breaking News

New online agency says it wants to expand across the UK

A new online agency says it is currently focussing on one large city but will expand to cover the whole of...

23 October 2018

From: Breaking News

Tragedy of estate agent’s death turns into the gift of life for others

An estate agent in London has received a posthumous honour as an organ donor. The Chiswick W4 Local news website says Jordan...

23 October 2018

From: Breaking News

Hired not fired! Apprentice estate agents come a step closer

A new junior estate agent apprenticeship standard has been launched with skills being offered for residential, commercial and auction sectors. Created by...

23 October 2018

From: Breaking News

Action pledged on mobile homes - but government gives no timetable

The government says mobile home residents are to receive greater protection from dishonest site owners seeking to make a profit at...

23 October 2018

From: Breaking News

Fees Shock: Sole agency commission plunges 34% since 2011

New research by TheAdvisory consultancy, shared exclusively with Estate Agent Today, reveals exactly how fees have fallen for traditional agents in...

22 October 2018

From: Breaking News

Rightmove: estate agents really p****d off says Emoov boss

Outspoken online estate agency chief Russell Quirk says the estate agency industry is “really p****d off” with Rightmove trying to ride...

22 October 2018

From: Breaking News

Hubs not branches the future, says agent who rejected easyProperty

An agent in the Guild is launching a ‘hub’ style operation from December 1 and says the concept of traditional estate...

22 October 2018

From: Breaking News

Second EU Referendum would help housing market, claims agent

A London buying agent has called for a second referendum on Britain’s EU membership, suggesting that it would give more certainty...

22 October 2018

From: Breaking News

Cash buyers plummet - they're now only 30% of the market

Cash used to be king in the housing market but new figures released today show that in the first half of...

22 October 2018

From: Breaking News

Property Jobs Today - catch up with key moves within the industry

If it’s Monday it must be Property Jobs Today, your round up of the industry’s key moves. Are you changing jobs yourself?...

22 October 2018

From: Breaking News

Bailiff’s notice in agency window signals another London branch closure

Another high profile estate agency office in London has closed - this time a branch of Winkworth.  The Richmond branch has been...

19 October 2018

From: Breaking News

Stamp Duty - is it as big a problem as we think?

Few things anger the industry more than the effect of stamp duty and other costs on property transactions (well, maybe Purplebricks...

19 October 2018

From: Breaking News

Valuation tool earns £363m commission for agents in two years

Almost one in five online sales valuations generated by The ValPal Network over a two-year period resulted in a completion with...

19 October 2018

From: Breaking News

What's in a domain name? Your chance to own Property.co.uk

What may just be the UK’s ultimate property domain names have come up for sale - property.co.uk and realestate.co.uk. Both domains, which...

19 October 2018

From: Breaking News

Agents Do Charity - and there isn't a backstop in sight...

Bored with Brexit? Baffled by the backstop? Troubled by the transition period?  Well here’s a promise - there’s no mention of the...

19 October 2018

From: Breaking News

Ditching the High Street and launching 'The Hub' pays off for Humberts

The estate agency group Humberts, which narrowly avoided collapse early this year, now claims to have turned around its fortunes thanks...

18 October 2018

From: Breaking News

Young online agency boss in the running for top entrepreneur award

Akshay Ruparelia, the young founder and head of the online agency Doorsteps, has been shortlisted for one of the most prestigious...

18 October 2018

From: Breaking News

Surge in overseas buyers ahead of latest stamp duty surcharge

A leading London estate agency is reporting a surge in overseas buyers sealing deals ahead of the government’s new stamp duty...

18 October 2018

From: Breaking News

Taxi! New agency takes buyers for a ride (but in a good way)

A new estate agency has come up with a novel way of taking prospective purchasers around its patch - by using...

18 October 2018

From: Breaking News

Market value of homes typically 59% higher than rebuild cost, claims insurer

An insurer claims there is a huge gulf between the cost of rebuilding a house and its market value because around...

18 October 2018

From: Breaking News

More market mayhem? Fall-Throughs rise as uncertainty grips buyers

The number of house sales falling through before completion is on the increase according to data collated by a home buying...

17 October 2018

From: Breaking News

New portal claims to offer an alternative to part-exchange

A service which describes itself as an alternative to part exchange has been launched to facilitate sales to ‘corporate property buyers’. It’s...

17 October 2018

From: Breaking News

PropTech Today: Understand real estate robotics and we better understand tech

The last couple of weeks’ articles were penned very much for a specific agent readership, something I am trying to be...

17 October 2018

From: Breaking News

Good news for first time buyers - terrible news for buy to let sector

Figures from the mortgage lenders’ umbrella group, UK Finance, suggest the government desire to see more first time buyers and fewer...

17 October 2018

From: Breaking News

'Slump City' house prices set to rebound, claims agency

A city’s housing market that suffered badly because of the collapse in North Sea oil prices is now likely to rebound...

17 October 2018

From: Breaking News

Another estate agency snapped up by ex-Countrywide team

London agency Stirling Ackroyd has announced its third acquisition in the course of a year. It’s only 15 months ago that Stirling...

16 October 2018

From: Breaking News

Ridiculous moving day delays hit almost one-in-five buyers - claim

Just under one in five buyers in the past two years have suffered moving day delays, either because funds have been...

16 October 2018

From: Breaking News

Agency drops traditional branch in favour of serviced office

An estate agency is moving from its traditional branch to new city centre serviced offices as it expands. East of Exe -...

16 October 2018

From: Breaking News

Buyers 'taken for a ride' as new-build leasehold house prices soar

The cost of new-build leasehold properties has surged 16 times faster than freeholds according to research from property investment platform. The revelation...

16 October 2018

From: Breaking News

Help To Buy - will it continue? (and does it deserve to?)

Is Help To Buy going to remain in existence for much longer? Question marks over the scheme’s future are being raised through...

16 October 2018

From: Breaking News

Purplebricks has 70% of UK online market and confirms expansion

Purplebricks says its performance in the UK “is currently showing double-digit growth year-on-year in monthly instructions.” In a brief UK trading update...

15 October 2018

From: Breaking News

Online agency smashes crowdfund target - with two weeks to go

Doorsteps, the online agency founded by a teenager, has raised over £700,000 - that’s 175 per cent of its original £400,000 target,...

15 October 2018

From: Breaking News

Whatever happened to the autumn price bounce? asks Rightmove

We’re sorry to be starting the week with more evidence of the housing market in the doldrums, but Rightmove’s latest index...

15 October 2018

From: Breaking News

Property Jobs Today - all the industry's key moves in recent days

Hello and welcome to PJT, our weekly round up of key moves within the industry. Let us know what’s going on with...

15 October 2018

From: Breaking News

Price cutting ‘the new norm’ as supply outstrips demand

Price cutting is becoming the new norm as the market adapts to reduced interest from buyers, according to property listings platform...

15 October 2018

From: Breaking News

Agents want help for existing leaseholders as well as new ones

The National Association of Estate Agents has welcomed the government’s move to ensure most future new-build houses are sold as freehold...

15 October 2018

From: Breaking News

Government to make new homes freehold with ground rents capped

The vast majority of new-build houses are to be sold as freehold with ground rents for new leases capped at £10...

14 October 2018

From: Breaking News

Government unveils new body 'to raise agency standards'

The government has unveiled a new body which, it claims, will raise agency standards. There is a long-standing commitment from the government...

12 October 2018

From: Breaking News

OnTheMarket 'not profitable until 2021, but share price could rise 35%'

One of the brokers working with OnTheMarket says the portal will not be profitable until 2021, but predicts that its target...

12 October 2018

From: Breaking News

Queer kiss-in held outside agency branch by LGBT campaigners

Activists from the Lesbian, Gay, Bisexual and Transgender movement are reported to have staged what they called a “queer kiss-in" outside...

12 October 2018

From: Breaking News

Brexit to blame for two-year pause on growth in prime markets - Savills

Savills is warning that heightened uncertainty around Brexit negotiations will delay recovery in the prime central London housing market for up...

12 October 2018

From: Breaking News

Read all about it: Property supplement publisher up for sale

Johnston Press, the company which owns the i national newspaper and some 200 local titles - many with property supplements carrying...

12 October 2018

From: Breaking News

Agents Do Charity - and if it's Friday, it must be fund-raising...

Hello and welcome to another Agents Do Charity - your opportunity to salute those in our industry working hard for great...

12 October 2018

From: Breaking News

Emoov chief calls for radical 'blend' of online and traditional agency models

The chief executive of Emoov, Russell Quirk, has suggested that the unexpectedly low take up of online agents may mean that...

11 October 2018

From: Breaking News

Brexit and Carney are to blame for slowing house sales, claims RICS

The latest market snapshot from the Royal Institution of Chartered Surveyors suggests the number of properties on estate agents’ books is now nearing...

11 October 2018

From: Breaking News

OnTheMarket figures reveal staff growth and 'New & Exclusive' emphasis

OnTheMarket’s trading figures for the six months to the end of July show, as predicted, losses while the company is building...

11 October 2018

From: Breaking News

Revealed - what buyers should have checked on a viewing but didn't

A new survey claims to have found the five issues that prospective buyers wish they had checked out ahead of purchase...

11 October 2018

From: Breaking News

Agency sells home via first-ever Artificial Intelligence auctioneer

A platform which previously offered online private treaty exchanges says a sale of a home in the Republic of Ireland has...

11 October 2018

From: Breaking News

Property Radio launches next month with Radio 2 presenter on team

A new internet and DAB radio station specialising on the subject of property will launch from purpose built studios next month. Property...

11 October 2018

From: Breaking News

Banned advert highlights dangers of sales claims about rental yields

The Advertising Standards Authority has banned an advertisement for a new development in London after complaints over claims about the yields...

10 October 2018

From: Breaking News

Purplebricks share price slumps to 18-month low - but why?

Purplebricks’ share price dropped yesterday to barely over 200p - its lowest level for some 18 months and reflecting a near...

10 October 2018

From: Breaking News

Foxtons says industry-leading technology allows it to close branches

Foxtons says its use of technology allows it to increase the reach of its branches - and claims this is behind...

10 October 2018

From: Breaking News

PropTech Today: UK government backs blockchain - what next?

When Professor Andrew Baum’s PropTech 3.0 report was first published, a small event was held to celebrate the very first academic...

10 October 2018

From: Breaking News

OnTheMarket to reveal first six months 'float' figures tomorrow

OnTheMarket plc, the company which operates the OTM portal, gives its first formal stock market figures tomorrow morning, for the six...

10 October 2018

From: Breaking News

Foxtons shuts another office, relocating team to nearby branch

Estate Agent Today can reveal that Foxtons has closed another London agency office - this time at Barnes in the borough...

09 October 2018

From: Breaking News

Referral fees: agents must be more transparent, government says

A government minister has told the estate agency industry that it must be more transparent over the issue of referral fees. In...

09 October 2018

From: Breaking News

Virtual Viewings - Strutt & Parker is first national agency to provide them for buyers

Strutt & Parker is offering free Virtual Viewings to 1,000 new clients, and says it's the first national agency to offer such...

09 October 2018

From: Breaking News

Knight Frank hits out at foreign buyer tax after announcing profits boost

Knight Frank appears to have shrugged off the problems hitting the high end of the housing market, reporting a 14 per...

09 October 2018

From: Breaking News

Young buyers face far more obstacles now than 20 years ago - report

Even the cheapest local homes are out of reach for at least 40 per cent of young adults according to a...

09 October 2018

From: Breaking News

Shock as Foxtons announces closure of flagship Park Lane office

Foxtons is shutting its Park Lane office - the flagship of the agency in prime central London’s Mayfair. Estate Agent Today was...

08 October 2018

From: Breaking News

A new scandal? Investigation into estate agents likely to report in New Year

The Competitions and Markets Authority says the result of its latest probe into estate agencies’ possible infringement of the Competition Act...

08 October 2018

From: Breaking News

Is it Brexit? Is it Corbyn? Agents ponder poor autumn market so far

One estate agent has described the latest price fall announced by the Halifax as “quite a retreat” for the housing market...

08 October 2018

From: Breaking News

Property Jobs Today - a new agency and plenty of other key moves...

Hello and welcome to a new working week, which means your chance to catch up on the key moves in our...

08 October 2018

From: Breaking News

New agency's stamp duty question: Do we need another property tax

“Do we really need another tax?” - that’s the question from a new buying agency, querying why the government wants to...

08 October 2018

From: Breaking News

Leasehold roadshow to throw spotlight on reforms

A series of leasehold roadshows beginning next month in Manchester aims to throw a spotlight on problems associated with the tenure,...

08 October 2018

From: Breaking News

Foreign buyer tax is just ‘bid to win over Brexiteers’ says property portal

The head of a leading Chinese property portal has taken the unusual step of commenting on a British tax policy -...

05 October 2018

From: Breaking News

House buying reform - should we all sell homes the Scottish way?

It seems a lifetime ago but in fact we’re approaching just the first anniversary since the government triggered its Call for...

05 October 2018

From: Breaking News

Online agency reports market-wide supply surge, led by London

The latest assessment of supply across the housing market undertaken by online agency HouseSimple claims that the number of new properties...

05 October 2018

From: Breaking News

Agents Do Charity - independents and corporates, we salute you...

Hello and welcome to another weekly update on the industry’s good work - and a chance for us to show that...

05 October 2018

From: Breaking News

Blame the accountants - they admit lobbying PM demanding foreign buyer tax

An accountancy trade body has revealed that last year it briefed MPs - including the Prime Minister and Housing Minister of...

04 October 2018

From: Breaking News

Countrywide puts 'restructuring and turnaround' expert on the board

Countrywide has announced the appointment of a new board member with “substantial restructuring and turnaround expertise.” Mark Shuttleworth became a non-executive director...

04 October 2018

From: Breaking News

50-branch Andrews chain is the latest signing for OnTheMarket

Andrews, which has over 50 branches across the south of England, is the latest major chain to sign up to OnTheMarket. In...

04 October 2018

From: Breaking News

Brexit blamed for falls in transactions and prices in prime central London

Transactions in prime central London have dropped nine per cent in the year to the end of August according to Knight...

04 October 2018

From: Breaking News

Property fraud: insurance firm offers cover, as police seek help on new case

An insurance company is launching a policy which it says will protect consumers with comprehensive cover in the event of a...

04 October 2018

From: Breaking News

Large regional agency chain signs up to white-label online auction firm

Bradleys Estate Agents, the westcountry’s largest independent agency chain, is the latest agency to sign up with Bamboo, an online property...

04 October 2018

From: Breaking News

New build house price rises massively outstrip mainstream market

New build house prices rose 5.1 per cent in the year to the end of August - substantially more than the...

04 October 2018

From: Breaking News

Branches fight back: 'Six reasons why agents should stay on High Streets'

One of the industry’s best respected trainers and consultants has outlined six key reasons why agents should keep offices on the...

03 October 2018

From: Breaking News

Purplebricks slapped on wrist (again) after complaint over radio ads

Purplebricks has been the subject of another complaint to the Advertising Standards Authority - and the issue has again been categorised...

03 October 2018

From: Breaking News

PropTech Today: “You’re not listening,” agents tell suppliers

Last week, the first of a new kind of industry event took place; an open debate between agents and PropTech suppliers. Strong...

03 October 2018

From: Breaking News

Brexiteer agent scolds 'Maybot' over stamp duty threat to foreign buyers

One of London’s highest profile and most outspoken estate agent chiefs has scolded ‘Maybot’ Theresa May on the day she is to...

03 October 2018

From: Breaking News

Gentle house price rise welcomed as good news by leading agent

House prices grew two per cent year on year for September according to new figures - and a senior agency chief...

03 October 2018

From: Breaking News

Ex-Savills man launches For Sale By Owner service cutting out agents

A website has officially launched this morning, aiming to push the concept of US-style For Sale By Owner online property marketing...

02 October 2018

From: Breaking News

Former Countrywide pair claim to generate £140,000 a month at EweMove

A branch of EweMove - which operates from a traditional High Street office - claims to have generated £140,000 income in...

02 October 2018

From: Breaking News

OTM branch total hits 11,000 - but founder pushes 'three portals' idea

OnTheMarket has this morning announced that it now has signed listing agreements with more than 11,000 estate agency offices - over...

02 October 2018

From: Breaking News

Independent agency celebrates 50 years with new High Street offices

The independent Essex estate agency Beresfords is celebrating its 50th anniversary next week - and is doing so in style with...

02 October 2018

From: Breaking News

Yet another Ombudsman - this time one covering only new homes

The government, which only recently said there would be one Ombudsman covering the entire housing sector, has announced that there is...

02 October 2018

From: Breaking News

'Desperate' stamp duty surcharge will hurt London market - warning

Agents have continued to express their shock and opposition to the announcement by the government that it wants a stamp duty...

02 October 2018

From: Breaking News

Emoov figures claim it sells homes for £6,000 more than rival agents

A competitive pricing analysis undertaken for hybrid estate agency Emoov claims that it sells for an average £6,000 more than rival...

01 October 2018

From: Breaking News

Treasury takes billions in stamp duty - and that’s BEFORE new surcharge

Figures released by HMRC over the weekend show another huge rise in stamp duty going to the Treasury - and that’s...

01 October 2018

From: Breaking News

More market woe as sales to first time buyers plummet to three-year low

Sales of properties to first time buyers have hit their lowest level for three years according to data from the National...

01 October 2018

From: Breaking News

Property Jobs Today - the latest moves amongst agencies and suppliers

Hello and welcome to our weekly catch-up on the major moves within our industry. Remember, you can let the rest of the...

01 October 2018

From: Breaking News

Conveyancers ‘should have mortgage funds the day before completion’

A call has gone out for conveyancers to have all monies - including mortgage funds - in place the day before...

01 October 2018

From: Breaking News

New stamp duty surcharge to be imposed on foreign buyers

The government has used this week’s Conservative party conference to announce a new stamp duty tax of one per cent to three...

30 September 2018

From: Breaking News

Ditch High Street branches and use serviced offices, urges agency chief

Increasingly cash-strapped traditional estate agencies should consider abandoning their High Street offices and work from serviced offices or similar lower-profile and...

28 September 2018

From: Breaking News

eProp cements PropTech role as well as running Guild and Fine & Country

A statement to the London Stock Exchange by eProp Services has cemented its role primarily as a PropTech firm. This is in...

28 September 2018

From: Breaking News

London house prices 'in the bubble risk zone' warns leading bank

London has been identified as one of a number of ‘bubble risk cities’ in a report by Swiss bank UBS. In a...

28 September 2018

From: Breaking News

Some conveyancers to give upfront service and price information

Some conveyancers must publish some price and service information on their websites and in other media from December 6, according to...

28 September 2018

From: Breaking News

Agents Do Charity - £1m to £1...it's all hugely appreciated

Hello and welcome to this week’s Agents Do Charity - another chance to hear about the remarkable fund-raising done by our...

28 September 2018

From: Breaking News

Purplebricks claims 81% of listings sold within 12 months

The latest figures from Purplebricks, contained within the agency’s annual report released this week, claim that 81 per cent of its...

27 September 2018

From: Breaking News

Coup for Yopa as ex-Knight Frank man joins to lead London agents

Yopa - the online agency with huge financial backing from Savills - has attracted a Knight Frank agent to become its...

27 September 2018

From: Breaking News

Revealed - the housing minister known as 'the invisible minister'

A new book has revealed that one of the long line of recent housing ministers was known as “the invisible minister”...

27 September 2018

From: Breaking News

Millions wiped off Britain's most expensive homes, says Zoopla

Zoopla has once again released its list of the costliest streets in the UK - but for the second year running...

27 September 2018

From: Breaking News

Guess how much first timers need to earn to buy in a major city...

The income first-time buyers need to purchase a home in the UK’s largest cities has shot up by 18 per cent...

27 September 2018

From: Breaking News

Franchise giant opens new office in the East Midlands

Winkworth has opened an office in Northampton.  The operation is owned and run by new franchisee Sunny Kooner, who is joined by...

27 September 2018

From: Breaking News

Emoov changes ‘save thousands’ wording after watchdog steps in

Emoov has agreed to change the wording of a Google search advertisement after a complaint was made to the Advertising Standards...

26 September 2018

From: Breaking News

How can PropTech be made easier for agents? Key debate today

Today’s long-awaited debate staged by fledgling PropTech platform Best Agent will address the issue of how the agency industry can most...

26 September 2018

From: Breaking News

Competition offering house as a prize is blasted as 'misleading'

The perils of property competitions and raffles have once again been demonstrated, this time with the Advertising Standards Authority upholding three...

26 September 2018

From: Breaking News

PropTech Today: Is it time we had digital connectivity ratings for the home?

I am a patient man; a pacifist. Yet there is little in life right now that would satisfy me more than...

26 September 2018

From: Breaking News

Six-figure Park Lane refurb for The Guild and Fine & Country now open

The six-figure refurb of the office on London’s Park Lane occupied by The Guild and Fine & Country is officially launching...

26 September 2018

From: Breaking News

Purplebricks to expand further overseas thanks to total cultural shift

Purplebricks has this morning announced that it’s to expand its US activities still further, breaking into Florida for the first time. It...

25 September 2018

From: Breaking News

Transaction volumes plunge in London - prime central areas hit worst

There’s more bad news for the long-troubled Prime Central London market. A new analysis shows that transaction volumes have plunged 11.6 per cent...

25 September 2018

From: Breaking News

Not fake news - the truth about Britain's new homes

We’ve all heard the comments - the countryside is being covered in concrete, new houses are springing up everywhere, our green...

25 September 2018

From: Breaking News

Is the surge in Equity Release killing the downsizing market?

The rise and rise of Equity Release continues with a more-than-doubling of the number of product options on the market in...

25 September 2018

From: Breaking News

Network passes 300-mark with office opening in north of England

Fine & Country has opened its latest office in the Lancashire town of Rossendale, specialising in high-end properties across the county. The...

25 September 2018

From: Breaking News

High guide prices failing to capture buyers' imagination - auction boss

Auction House London raised more than £15m in its latest auction, where it saw the biggest catalogue in its history go...

25 September 2018

From: Breaking News

Ex-Reapit sales chief launches as independent PropTech consultant

Reapit’s popular former sales manager Peter Fenwick is today formally launching as an independent PropTech consultant. Fenwick, whose departure from Reapit was...

24 September 2018

From: Breaking News

Emoov boss tells Labour conference how to solve housing crisis

Emoov’s founder Russell Quirk has outlined how he would help Britain get out of its current housing crisis to a Labour...

24 September 2018

From: Breaking News

Online firms ‘have forced other agents to be more competitive on fees’

An estate agency comparison website claims the rise of online and hybrid estate agencies has obliged traditional agents to be more...

24 September 2018

From: Breaking News

Property Jobs Today - all the latest industry moves...

Hello and welcome to this week’s Property Jobs Today, the latest weekly catch-up with moves within and across our industry. A quick...

24 September 2018

From: Breaking News

Holiday home market could be hit by Labour's £560m tax plan

Sales of holiday homes could be hit as a result of a new £560m tax proposal put forward by Labour.  Under the...

24 September 2018

From: Breaking News

What now for online agents after shock closure of Connell's Hatched?

The shock immediate closure of Hatched, the online agency heavily invested in by Connells, has raised question marks over the online...

21 September 2018

From: Breaking News

Agency refuses to return pre-contract deposit - now expelled by TPO

An estate agency trading under two different names has been expelled by The Property Ombudsman after refusing to refund a £2,000...

21 September 2018

From: Breaking News

Agents welcome consultation into new leasehold reform proposals

The National Association of Estate Agents has given broad support for radical proposals from the Law Commission to end leasehold abuse...

21 September 2018

From: Breaking News

Estate agency branch layouts - students drafted in to design the future

Industry supplier Mid West Displays has drafted in students from the University of Wolverhampton to design future estate agency branches. The company...

21 September 2018

From: Breaking News

Agents Do Charity - autumn fund-raising in full swing...

We’re well and truly back from summer with a flurry of fund-raising to report on this week: thanks to each and...

21 September 2018

From: Breaking News

Connells-owned online agency Hatched to close immediately

The Connells-owned online agency Hatched is to close with immediate effect. A statement from the company says: “Online estate agency Hatched will...

20 September 2018

From: Breaking News

Another OnTheMarket signing - now it's a regional agency and auction firm

OnTheMarket has this morning announced that it’s signed up the north east of England regional agency Pattinson, which has 27 branches...

20 September 2018

From: Breaking News

Countrywide share price still in the doldrums despite Peter Long move

Shareholders in the ailing Countrywide agency group appeared to remain largely indifferent to the news that their executive chairman Peter Long...

20 September 2018

From: Breaking News

Property firm snaps up independent agency to hit £1m turnover mark

The independent Sutton-based property business Centro PLC has acquired Cheam and Mayfair based Christies Estate Agents Limited.   The new combined agency is...

20 September 2018

From: Breaking News

Independent agents try to woo developers with PX collaboration

The Land & New Homes Network has announced a part exchange and assisted move collaboration with Relocation Agent Network in a...

20 September 2018

From: Breaking News

Agents say current market slowdown to stay in place for rest of 2018

Estate agents say the continuing gentle slowdown reflected in the latest government house price figures will be the story of the...

20 September 2018

From: Breaking News

Countrywide: Peter Long 'to focus full time on agency group recovery'

Peter Long, the chairman of the troubled Royal Mail organisation, has stepped down from that role to focus full time on...

19 September 2018

From: Breaking News

What now for faster house sales as search roll out ‘could take seven years’?

HM Land Registry says the full roll-out of its Local Land Charges digital register could take up to seven years, with...

19 September 2018

From: Breaking News

PropTech Today: will Unmortgage change our industry forever?

Those of you who receive (and read) my Sunday PropTech Review will know that, by far and away, the most shared...

19 September 2018

From: Breaking News

Buying agency secures prime London home almost 40% below asking price

A buying agency says it has secured a prime London property for one of its clients at almost 40 per cent...

19 September 2018

From: Breaking News

Lies, Damned Lies and the house price index that's 'a national statistic'

The old cliche about statistics may be cruel but the government has perhaps left itself open to its use after announcing...

19 September 2018

From: Breaking News

Congratulations! London franchise offices celebrate landmark anniversaries

Winkworth is a giant national agency franchise but this autumn it is marking a series of anniversaries for several of its...

19 September 2018

From: Breaking News

Purplebricks tries 'pay half upfront, half when home sells' model in Australia

Purplebricks has introduced its second price rise of the year so far in Australia, and is pioneering a model under which...

18 September 2018

From: Breaking News

Stop the red tape! Agent warns on latest 'property transparency' idea

A London estate agent who works closely with High Net Worth overseas buyers has hit out a proposed law which he...

18 September 2018

From: Breaking News

Two agencies owned by ex-Countrywide team now listing on OnTheMarket

Two agency brands operated by Nick Dunning Associates, a company led by former Countrywide employees, have started listing on OnTheMarket. Townends, covering...

18 September 2018

From: Breaking News

Investor-to-investor agency claims strong quarter despite market woe

Yieldit, an online agency that specialises in selling investment houses and apartments with tenants in situ, is claiming a strong quarter...

18 September 2018

From: Breaking News

'Robo-firm' backed by Your Move parent company wins new funding

A new ‘robo-adviser’ mortgage service which is backed by LSL Property Services has won another £3.8m in funding from investors.  Robo-advisers provide...

18 September 2018

From: Breaking News

A surge in sellers pricing sensibly - Rightmove reports a mini-boom

Rightmove is reporting a mini-boom as the autumn market gets into gear, with a surge in buyers and a one-month rise...

17 September 2018

From: Breaking News

Agent in court this week over HMRC issue as fate of firm still in balance

The estate agent behind the troubled high end Sanderson Young company is reported to be appearing in court this week as...

17 September 2018

From: Breaking News

Agents transferred to rival as prominent firm quits resi property sector

The eight strong residential estate agency team of a prominent Scottish law firm is being off-loaded to a rival, according to...

17 September 2018

From: Breaking News

Property Jobs Today - all the latest industry moves

Hello and welcome to this week’s PJT, your chance to catch up on the major moves in the agency industry over...

17 September 2018

From: Breaking News

Not fit for purpose! Estate agency is UK's least active profession

This may not be a great way to start the week but a survey suggests that estate agents are Britain’s least...

17 September 2018

From: Breaking News

Emoov boss in Twitter outburst describing Mark Carney as dangerous

Bank of England governor Mark Carney says a no-deal Brexit exit could lead to a 35 per cent house price crash. The...

14 September 2018

From: Breaking News

No commission, no fees - meet the agency selling homes 'for free'

An estate agency is pioneering a new business model in which it charges no commission whatsoever to the vendor. Freeagent247, an online...

14 September 2018

From: Breaking News

Agents mocked by minister over lax anti-money laundering approach

A government minister has made a pointed jibe at estate agents who appear not to regard cash purchases of high-value properties...

14 September 2018

From: Breaking News

Online auctions - more agents offer white label options to vendors

Hunters and Fisher German are the latest agencies to offer online auctions to vendors. An announcement from PropTech property auction company Bamboo...

14 September 2018

From: Breaking News

Agents Do Charity - and it's time to show off your talent...

Yes, there’s no getting away from it - although the autumn has only just begun, charity work is firmly aiming at...

14 September 2018

From: Breaking News

Regional agency goes from start-up to local market leader in just a year

An estate agency claims that it’s gone from start-up to local market leader within 12 months - and now says it’s...

13 September 2018

From: Breaking News

Market woe as prices dip further - but there is some good news too

House prices fell further this month as the slowdown tightened its grip according to he latest data from property platform Home. It...

13 September 2018

From: Breaking News

Franchise applicants rush to Winkworth despite Brexit hitting market

The number of new franchise applicants reported by Winkworth in the first half of the year rocketed 135 per cent -...

13 September 2018

From: Breaking News

Owning a home 'a pipe dream for public sector workers' claims union

Owning a home has become almost impossible for many public sector workers across Britain, according to research from the union UNISON. Getting...

13 September 2018

From: Breaking News

New property listings plummet for third month claims online agency

New data reveals that new property listings have fallen for three successive months - and that includes a huge 17.1 per...

13 September 2018

From: Breaking News

Estate agency banned from taking credit for historic testimonial

A website claim by the London estate agency Moveli has been banned by the Advertising Standards Authority after a complaint from...

12 September 2018

From: Breaking News

EweMove claims it's UK's fifth largest online agency - and is in profit

EweMove is the country’s fifth largest online agency group based on transactions, and continues to make a profit according to its owner,...

12 September 2018

From: Breaking News

Another national agency returns to Zoopla and Primelocation

Humberts - which when it was operating jointly with Chestertons was a prominent supporter of Agents’ Mutual and OnTheMarket - has...

12 September 2018

From: Breaking News

PropTech Today: So why is PropTech just like teenage sex?

DISCLAIMER: The author of this article retains no responsibility for any reader discomfort experienced when recalling the seemingly endless horrors of...

12 September 2018

From: Breaking News

Amazing but true - homes are larger (not smaller) than years ago...

A housing academic claims that while popular belief has it that homes are getting smaller, the typical living space in England...

12 September 2018

From: Breaking News

Soap star scrubs up well - and becomes an estate agent...

A former star of Emmerdale and I’m A Celebrity...Get Me Out Of Here has switched career for the (more glamorous?) world...

12 September 2018

From: Breaking News

Can Ewe believe it? Some EweMove franchisees have no agency experience

Another eight EweMove franchisees have been appointed in just one month - but controversially, some of them have no estate agency...

11 September 2018

From: Breaking News

Job-sharing agents? The idea could work says personnel guru

The Property Personnel recruitment consultancy says more job-sharing could be introduced in the industry, preventing talent going to waste.  Managing director Anthony...

11 September 2018

From: Breaking News

Viewber completes 35,000th viewing after 460% growth in just a year

Viewber has announced that it’s just completed its 35,000th outsourced viewing, reflecting a jaw-dropping 460 per cent rise in just a...

11 September 2018

From: Breaking News

Yopa's new marketing boss aims to challenge estate agency norms

Yopa - the online agency enjoying large-scale financial backing from Savills and LSL Property Services, the owner of Your Move -...

11 September 2018

From: Breaking News

Online reviews: huge and growing distrust from the general public

There’s been a huge vote of no-confidence in online reviews, often used for marketing by many online agencies and some traditional...

11 September 2018

From: Breaking News

US franchise network owned by Warren Buffett enters London market

A well-known London estate agency says it signing up to a US-based real estate franchise network run by billionaire Warren Buffett. From...

10 September 2018

From: Breaking News

OnTheMarket TV campaign promotes controversial 'New & Exclusive' feature

OnTheMarket today launches a new TV advertising campaign which aims to highlight its 'New & Exclusive' marketing feature. Agents listing with the...

10 September 2018

From: Breaking News

Ombudsman calls for new build homes to be included in consumer redress

The Property Ombudsman has urged the government to bring the new homes build sector under consumer redress. New builds are not currently...

10 September 2018

From: Breaking News

Summer slowdown - new For Sale and Sold boards took big hit in August

The property market remained slow and stunted in August as the number of For Sale and Sold boards across the country...

10 September 2018

From: Breaking News

Crossing borders - The Guild to launch in Northern Ireland

The Guild of Property Professionals is set to launch in Northern Ireland later this month. The 800-strong network of independent estate agents...

10 September 2018

From: Breaking News

Property Jobs Today: what's the latest industry employment news?

As the property market gears up for a busy autumn period, agents and property firms have been equally busy bolstering their...

10 September 2018

From: Breaking News

Leasehold scandal continues - almost all buyers regret their purchase

Almost all buyers of new build houses who purchased a leasehold regret doing so, and the vast majority say they definitely wouldn't...

07 September 2018

From: Breaking News

ZPG founder Alex Chesterman to step back from business

Zoopla Property Group's founder and chief executive, Alex Chesterman, is to step back from day to day operations at the end...

07 September 2018

From: Breaking News

Agents warned not to underestimate anti-money laundering and GDPR

Estate agents have been warned that underestimating their legal obligations when it comes to anti-money laundering (AML) could see an increase...

07 September 2018

From: Breaking News

Hunters income and profits on the rise in spite of shaky market

Franchise giant Hunters has reported its latest results to the city, showing impressive growth despite a slow-moving property market. In the six...

07 September 2018

From: Breaking News

Agents Do Charity: more heart-warming stories from our industry

This week may have marked the landmark moment of Facebook entering the UK property market but as the industry prepares for...

07 September 2018

From: Breaking News

Out of office - absent conveyancers causing transaction delays

Fresh data from a PropTech firm suggests that 'conveyancer absenteeism' is causing severe delays to property transactions. When You Move reports that...

06 September 2018

From: Breaking News

Agents and suppliers to appeal to CRMs for better PropTech collaboration

An upcoming event will see a panel of well-known agents and suppliers appeal for better collaboration between industry stakeholders, particularly CRM...

06 September 2018

From: Breaking News

TPO announces key changes as membership nears 20,000

The Property Ombudsman scheme (TPO) has announced a series of changes to both its board and internal processes. The organisation has also...

06 September 2018

From: Breaking News

Young adults make a splash in waterside living market

Young adults rather than the older generations are driving demand in the waterside living market, according to Strutt & Parker. The agent's...

06 September 2018

From: Breaking News

Over 7,000 votes cast for second annual conveyancing ESTAS

Some 175,000 pieces of data relating to service in the conveyancing sector have been provided by 7,000 consumers for the second annual Conveyancer Awards...

06 September 2018

From: Breaking News

OnTheMarket TV ad banned by watchdog over new and exclusive claims

The Advertising Standards Authority (ASA) has upheld one of two complaints made against OnTheMarket's TV and print advertising. The complaints refer to...

05 September 2018

From: Breaking News

'Agent commission fees are second biggest daylight robbery' - Emoov

Hybrid agency Emoov has released research in which it claims consumers rank high street estate agency commission fees as the second...

05 September 2018

From: Breaking News

PropTech Today: Stories from Australia - PropTech is like teenage sex

Last week, I wrote about the speed of innovation in the Far East. This week I’d like to do the same...

05 September 2018

From: Breaking News

National agency agrees to amend website after ASA complaint

An estate agency which operates nationally has agreed to amend its website following a complaint made to the Advertising Standards Authority...

05 September 2018

From: Breaking News

'Ideas, insights and inspiration' - complete rebrand for displays supplier

One of the industry's best-known suppliers for displays has undergone a complete rebrand, showcasing a new logo and website. Mid West Displays...

05 September 2018

From: Breaking News

Second office for 'new breed' agency with no shop front

A 'new breed' estate agency with no shop front, which uses bloggers to market its properties, has announced the opening of...

04 September 2018

From: Breaking News

Countrywide: major investor reduces holding as share price sinks further

One of Countrywide's major investors has significantly reduced its holding in the troubled estate agency group. Oaktree Capital yesterday lowered its stake...

04 September 2018

From: Breaking News

Former Foxtons agent launches business in challenging London market

A new estate agency has opened its doors in North London, despite operating in what it describes as a 'weak' London...

04 September 2018

From: Breaking News

Extra funding for agent-partnering online auction platform

The online auction platform BidX1 has announced a strategic investment which will be used to accelerate its growth. The investment comes from...

04 September 2018

From: Breaking News

House prices: Nationwide records biggest monthly drop since 2012

The latest house price index from Nationwide shows a monthly fall of 0.5% in August, the largest decline recorded since July...

03 September 2018

From: Breaking News

Help to Buy scheme facing the axe in government review

Speculation is growing that the Help to Buy scheme is set to be discontinued following a review by government ministers. Recent research...

03 September 2018

From: Breaking News

Approved: rules to make it easier for consumers to choose conveyancers

New rules set out by the Council for Licensed Conveyancers (CLC), which aim to support consumer choice, have been approved by...

03 September 2018

From: Breaking News

Property Jobs Today - a roundup of the latest industry moves

Following a break for last week's final Bank Holiday before Christmas, we're back with a bumper edition of Property Jobs Today. We're...

03 September 2018

From: Breaking News

It's an early bath for downstairs bathrooms - agents say they wipe off value

A downstairs bathroom could knock up to 6% off the value of a property, according to estate agents.  Having a family bathroom...

03 September 2018

From: Breaking News

Crackdown on agents likely as government doubles funding for regulator

In a surprise weekend announcement the government has almost doubled funding for the National Trading Standards Estate Agency Team - the...

01 September 2018

From: Breaking News

Countrywide price slides further on first day of new shares trading

Following the first day of trading its new shares yesterday, Countrywide's share price finished at 12.52, down almost 4%. The new shares were...

31 August 2018

From: Breaking News

Sellers on the back foot as first-timers take advantage of slow market

Property sellers have been on the back foot over the slow summer period, according to the latest report from NAEA Propertymark....

31 August 2018

From: Breaking News

We are fastest growing premium estate agent, says Fine & Country

Fine & Country is claiming to be the fastest growing premium estate agency brand in England and Wales over the last...

31 August 2018

From: Breaking News

Winding up: agency closes and 30 complaints made about customer money

An established estate agency in Guernsey is being listed as 'voluntarily winding up' and liquidators have been appointed. Concerns about Sarnia Estate...

31 August 2018

From: Breaking News

Agents Do Charity – from Sheffield to Monte Carlo, via Aylesbury

As summer turns to autumn over the next few weeks, that won't stop the nation's agents and property professionals from raising...

31 August 2018

From: Breaking News

Rightmove 'may drop out of FTSE-100 within days'

Speculation is growing that Rightmove could drop out of the prestigious FTSE-100 within the next few days as the stock exchange...

30 August 2018

From: Breaking News

Surge in online survey scams, warns leading chartered surveyor

A warning to people selling their homes to beware of internet-based scams offering cut-price surveys has been sounded by a leading...

30 August 2018

From: Breaking News

Downsizing stamp duty exemption 'would boost market and Treasury'

Over a fifth of pensioners say they would be encouraged to downsize if there was a stamp duty incentive - particularly...

30 August 2018

From: Breaking News

Inheritance is key for some first time buyers, new data shows

A full 100 per cent of 20 to 24 year olds hope to buy their own home one day -  but...

30 August 2018

From: Breaking News

Sales and lettings agencies merge under single management

Two local agencies in Lancashire - Northwood Lettings and Fisher Wrathall Sales - are merging to operate as a single entity.  The...

30 August 2018

From: Breaking News

Another online agency’s savings claim under scrutiny

An online estate agency run by one of the country’s youngest entrepreneurs has agreed to change a reference about savings on...

29 August 2018

From: Breaking News

Countrywide shares hit all-time low despite funding go-ahead

Countrywide may have enjoyed the overwhelming support of its major institutional shareholders for its controversial rescue plan, but the wider financial...

29 August 2018

From: Breaking News

OnTheMarket signs up 11-branch regional agency

OnTheMarket has signed up an estate and lettings agency firm run by a family and with 11 offices across west Devon...

29 August 2018

From: Breaking News

PropTech Today: What can the UK market learn from Eastern wisdom?

A few stories caught my eye this week from China, all of which announce the arrival of cutting-edge technological innovation in...

29 August 2018

From: Breaking News

Brexit and SDLT 'causing market to stagnate' warns property specialist

A downbeat report from property investment specialist London Central Portfolio says “there are very few causes for optimism in the domestic...

29 August 2018

From: Breaking News

Agent upset at online firm's huge over-valuation spills the beans...

OK, so the headline has drawn you into the story - but you’ll enjoy the video we have below. It’s the...

29 August 2018

From: Breaking News

Countrywide management backed by shareholders in bid for new funds

Countrywide’s embattled management leaders have been overwhelmingly backed by shareholders in their bid for additional funding. A General Meeting of shareholders was held...

28 August 2018

From: Breaking News

£20m cash boost for Yopa from big-name investors

Yopa, which says it is the second largest hybrid agency when measured by listings, has received a major new £20m investment. Savills -...

28 August 2018

From: Breaking News

Foxtons launches marketing blitz with advertising campaign

Foxtons is embarking on a rare advertising campaign, using a company owned by the largest independent creative agency in the world,...

28 August 2018

From: Breaking News

Countrywide General Meeting today set to endorse rescue plan

Countrywide’s eagerly-awaited General Meeting for shareholders takes place today and is widely expected to back the ailing agency group’s controversial rescue...

28 August 2018

From: Breaking News

Price correction to hit parts of UK as expert warns “Don't buy at peak”

A property management company is warning that some areas of the UK could be in line for a price correction this...

28 August 2018

From: Breaking News

A quarter of cities 'struggle to match house prices of a decade ago'

House prices in a quarter of the UK’s largest cities are struggling to recover to the level they were at during...

28 August 2018

From: Breaking News

A third of first time buyers from London move away to purchase

Some 31 per cent of first time buyers residing in London ended up moving away from the capital to purchase a...

28 August 2018

From: Breaking News

OnTheMarket now has 57% of branches but warns again on charges

OnTheMarket has seen another increase in listings to more than 10,500 offices, but it is repeating a warning that its free...

24 August 2018

From: Breaking News

Humberts ex-country house chief switches from selling to buying

The former head of Humberts’ country house department, who has spent 30 years selling homes, has switched to buying. Jeremy Campbell-Harris was...

24 August 2018

From: Breaking News

Former Apprentice star launches full-service property investment firm

A former contestant on BBC show The Apprentice has launched a new full-service property investment and refurbishment company. Michelle Niziol, chief executive...

24 August 2018

From: Breaking News

Agent escapes jail after drink-driving and assaulting police officer

A Huddersfield estate agent who crashed her car while four times over the drink-drive limit has been banned from driving for...

24 August 2018

From: Breaking News

Agents Do Charity - a bumper bundle for the long weekend...

Dare we mention it but this is the final Bank Holiday weekend of the year before Christmas - so what a...

24 August 2018

From: Breaking News

Countrywide fights back as share price rises over 6% in a day

Countrywide’s share price defied the expectations of some analysts and rose over six per cent yesterday with the company moving from...

23 August 2018

From: Breaking News

Purplebricks slammed by Canadian agent over ‘savings’

The online agency acquired by Purplebricks in Canada has started facing the same criticisms that its parent company have faced in...

23 August 2018

From: Breaking News

Reapit claims new tool helps traditional agents compete with onliners

Reapit has teamed up with a new tool called mio, which is promising “a smarter way to manage the home buying...

23 August 2018

From: Breaking News

Top London sales agents team up to form new buying service

Lucie Hirst and Delphine Colombo, two of Prime Central London’s most high profile sales agents, have combined forces to set up Hirst...

23 August 2018

From: Breaking News

Speed up ban on abusive leasehold rules, law firm urges government

A specialist property law firm is calling on the government to speed up changes in the law to avoid abusive leasehold...

23 August 2018

From: Breaking News

Purplebricks told not to say it advertises on all major portals

Purplebricks has been the subject of another complaint to the Advertising Standards Authority, this time over a claim on its website...

22 August 2018

From: Breaking News

Clients overwhelmingly want face-to-face contact with agents - survey

A new survey suggests that face-to-face contact is still valued by buyers and sellers. Research by Winkworth, questioning over 1,000 people who...

22 August 2018

From: Breaking News

Devastating impact of stamp duty revealed in buying agency's data

Data from the buying agency Black Brick reveals just how big an impact has been made by the additional homes stamp...

22 August 2018

From: Breaking News

PropTech Today: What has happened to creative innovation?

I received a press release yesterday - one of many that get sent my way - and, as I always do,...

22 August 2018

From: Breaking News

Transactions slump prompts call for government action

The number of property transactions in July fell 3.2 per cent on the same month last year according to seasonally adjusted...

22 August 2018

From: Breaking News

Countrywide passes latest fund-raising test despite falling short

In yet another statement to the London Stock Exchange and shareholders, Countrywide says its last-gasp £140m fund-raising is likely to be...

21 August 2018

From: Breaking News

New blow to house raffles - refunds after unforeseen circumstances

The brief but troubled history of individuals and companies attempting to raffle homes as prizes has received another blow as a...

21 August 2018

From: Breaking News

allAgents takes on OnTheMarket as it says it will become a portal

Independent review website allAgents says its ultimate ambition is to be a serious rival to existing portals like OnTheMarket. Unveiling a new...

21 August 2018

From: Breaking News

Countrywide loses its Mojo in mortgage brand name tussle

It’s not just the bosses’ pay incentives that have been a problem for Countrywide’s senior management - it appears the company...

21 August 2018

From: Breaking News

Revealed: the part of Britain where homes sell 6% above asking price

The latest quarterly house price report published by property portal s1homes reveals that properties across Scotland sell on average at six...

21 August 2018

From: Breaking News

One of country's oldest agencies marks 275 years in business

South east agency RH & RW Clutton is marking its 275th year in business, with the claim that it is thought...

21 August 2018

From: Breaking News

Countrywide backtracks on bid to give top managers huge incentives

Countrywide appears to have backtracked on a move which could have seen its three most senior executives receive some £20m in...

20 August 2018

From: Breaking News

Buckle Up - High Street agencies in for a tough autumn says KPMG

Traditional estate agencies could be in for a stormy autumn and face being the next casualty of the high street shake-out...

20 August 2018

From: Breaking News

Fake Sales: jail threat to lying estate agent caught up in CPR fraud

A maverick Cornish estate agent who falsely gave the impression to customers that his business was highly successful has been hit...

20 August 2018

From: Breaking News

Rightmove says it's a 'summer sale' - with Connells leading price cuts

Rightmove says the housing market is now into a ‘summer sale’ as newly-marketed property shows an average asking price fall of...

20 August 2018

From: Breaking News

Google to address PropTech conference for industry suppliers

The team behind a new ‘open platform’ targetting smaller agencies in need of Proptech support have revealed a heavyweight line up...

20 August 2018

From: Breaking News

Property Jobs Today - the industry's latest moves...

  Hello and welcome to this week’s PJT - a thinner than usual edition as the industry enjoys the last of the...

20 August 2018

From: Breaking News

Countrywide fat cats: crunch day for agency group's rescue deal

Today sees the first of a series of important deadlines which will determine the success of otherwise of Countrywide’s controversial rescue...

17 August 2018

From: Breaking News

Emoov 'could be capitalised at £500m to £700m in next two years'

The chief executive of the newly-expanded Emoov group has been giving details of the merger with Tepilo and the possibility of...

17 August 2018

From: Breaking News

Help To Buy - new figures show 420,000 completions

More than 420,000 people have now used the government’s Help to Buy schemes to get themselves on to the housing ladder...

17 August 2018

From: Breaking News

'Voluntary Right To Buy' pilot launched in one region

A regional pilot has been launched for what is called the Voluntary Right to Buy - a scheme giving housing association...

17 August 2018

From: Breaking News

Agents Do Charity: let us know what you are planning for Autumn...

As our minds turn to autumn, here’s a reminder that Estate Agent Today is on hand to help with your agency’s...

17 August 2018

From: Breaking News

Countrywide reported to be facing fresh financial crisis

Sky News is reporting that Countrywide faces a new crisis - this time over senior management remuneration, particularly for its executive...

16 August 2018

From: Breaking News

Agent defying advertising watchdog demands details of his 'penalties'

The estate agent who is refusing to abide by a decision of the Advertising Standards Authority is now demanding details of...

16 August 2018

From: Breaking News

Training is 'key to improve service levels' says agency boss

The UK division of US-based estate agency Keller Williams says agents need access to internal training if service levels across the...

16 August 2018

From: Breaking News

Market woe - house price growth slumps to a five year low

House prices are rising at their slowest rate for nearly five years as London suffers its largest decline in prices since...

16 August 2018

From: Breaking News

Buyers are increasingly just the older generation and well-off young

Home ownership among the young has fallen across all income groups according to a large scale research project looking at adults...

16 August 2018

From: Breaking News

Government quietly scraps controversial sell-off of large homes

The government has quietly scrapped a proposal to force councils to sell off their most valuable assets, which would have included...

16 August 2018

From: Breaking News

Trouble ahead? House price falls set to spread, website warns

A sales platform that monitors the market is warning that house price falls are likely to spread beyond London and the...

15 August 2018

From: Breaking News

PropTech Today: If agents are overvaluing, is it time to look elsewhere?

My eye was caught yesterday morning by news that PropTech company, Agent Software, is claiming that ‘some agencies deliberately over-value properties...

15 August 2018

From: Breaking News

Stamp Duty - should downsizing pensioners be exempt?

There’s been another call for the government to reform stamp duty - and this time the request is that the duty...

15 August 2018

From: Breaking News

London agency opens its second 'virtual' office

JLL has opened a new ‘virtual’ office with dedicated sales and lettings staff to serve the Westminster and St James’s areas...

15 August 2018

From: Breaking News

Another agency teams up with online and in-room auction house

Another agency has teamed up with an auction company to allow it to offer vendors the choice of both in-room and...

15 August 2018

From: Breaking News

Desperate agents deliberately overvaluing, claims PropTech company

A PropTech firm has adopted the unusual position of claiming some agencies deliberately over-value properties in a bid to win instructions. Agent...

14 August 2018

From: Breaking News

OnTheMarket sales rep wrote critical review of agency after cold call

An OnTheMarket sales rep - who now no longer works for the company - wrote a critical review of an independent estate...

14 August 2018

From: Breaking News

Agent drove almost four-times over limit and kicked police officer

Local media in Huddersfield report that an estate agent smashed into a traffic bollard while four times over the drink-drive limit...

14 August 2018

From: Breaking News

'Brexit smog' blamed for long-term slump in Foxtons' share price

The investment bank Jefferies says Foxtons’ long-running share price slump is a reflection of Brexit uncertainty “until we find out what...

14 August 2018

From: Breaking News

Four-branch regional agency snaps up single-office firm

Oakwood Homes, a four-branch sales and lettings agency operating across East Kent, has acquired Parkland Estates, a single-branch firm based in...

14 August 2018

From: Breaking News

Countrywide: could it really be snapped up by Foxtons or Connells?

Rumours abound over the future of Countrywide, which lost further share value on Friday, closing very slightly down on the day...

13 August 2018

From: Breaking News

Boris Johnson wants absurdly high stamp duty to be cut

Boris Johnson is calling for a cut to Britain’s “absurdly high” stamp duty. Writing in this morning’s Daily Telegraph - the same newspaper...

13 August 2018

From: Breaking News

Property Jobs Today - your weekly round-up of industry moves

Welcome to this week’s Property Jobs Today - and as ever we have a breakdown of key moves within our industry. To...

13 August 2018

From: Breaking News

Online agents have under 1% share in prime central London - LonRes

The chairman of LonRes says online estate agents have only a one per cent share of the market in prime central...

13 August 2018

From: Breaking News

Property Redress Scheme adds 1,750 members after redress shake-out

The Property Redress Scheme says it’s recruited another 1,750 members following the shake-out last week when one of its rival redress...

13 August 2018

From: Breaking News

Stamp Duty is a mess: should it be scrapped or simplified?

Research by Estate Agent Today reveals that there have been 12 different stamp duty regimes in the UK since the Millennium. What’s...

10 August 2018

From: Breaking News

Purplebricks' founders came up with the name around a kitchen table

It’s been revealed that the creators of Purplebricks came up with the name while brain-storming around a kitchen table - and...

10 August 2018

From: Breaking News

Good news - mortgage arrears and repossessions continue to fall

There’s been another drop in mortgage arrears and possessions for owner occupiers - although an increase for some elements of the...

10 August 2018

From: Breaking News

Transactions slump 6% in prime London, says LonRes

LonRes says transactions in prime locations in London dropped another six per cent when the second quarter of 2018 is compared...

10 August 2018

From: Breaking News

Agents Do Charity... and oh dear, we're mentioning December already!

The heatwave is gone and summer is in its closing stages (sorry!) so it comes as no surprise that there’s already...

10 August 2018

From: Breaking News

More trouble for Countrywide as bank slashes key 'target price'

The Swiss investment bank Credit Suisse has slashed its target share price for the company from 77p to only 17.2p.  The reason...

09 August 2018

From: Breaking News

Stamp Duty - first time buyer confusion 'shows need for a simple system'

A respected mortgage broker has found that there is widespread public uncertainty amongst the public about the effects of stamp duty...

09 August 2018

From: Breaking News

Savills posts good UK residential performance but warns on Brexit

High-end agency and international property consultancy Savills has reported strong half-year figures for its UK business - but warns that Brexit...

09 August 2018

From: Breaking News

Big slump in new listings, with London down 12.7% in a month

New property listings in July were down 6.0 per cent across the UK and down no less than 12.7 per cent...

09 August 2018

From: Breaking News

Franchise agency beefs up back-office services for branches

Winkworth is beefing up its services for franchise owners with expanded support teams for its IT, Client Services and China departments.  Winkworth’s...

09 August 2018

From: Breaking News

Top economists still pessimistic about housing market fortunes

The EY ITEM Club, regarded as one of the most influential groups of economists in the UK, says it’s still “dubious”...

09 August 2018

From: Breaking News

Don’t blame Brexit! Agent reveals who's behind housing market woe

One of London’s leading estate agents says Brexit has had at worst a neutral effect on the housing market and may...

08 August 2018

From: Breaking News

OnTheMarket signs up 12-branch regional agency

OnTheMarket has signed up 12-office regional agency Robert Oulsnam and Company.  The firm, which handles sales and lettings, has 12 offices in...

08 August 2018

From: Breaking News

Shock as average house price reaches its highest-ever level

In a surprise announcement, house prices picked up in July with the annual rate of growth rising from 1.8 per cent...

08 August 2018

From: Breaking News

PropTech Today: The buzzwords of modern property

Hello again from Italy. Only another week or so left out here, working every day from the same table at my...

08 August 2018

From: Breaking News

Property raffle is subject of complaint to advertising watchdog

One of the spate of property raffle competitions has been the subject of a complaint to the Advertising Standards Authority. The complaint...

08 August 2018

From: Breaking News

Purplebricks says traditional agents sell only 50% of homes they market

Purplebricks co-founder Michael Bruce says traditional agents sell only around 50 per cent of the homes that they list, so spend...

07 August 2018

From: Breaking News

More properties withdrawn than sold in recent months, says Reapit

The number of properties withdrawn from the market in the second quarter of this year was greater than the number of...

07 August 2018

From: Breaking News

GDPR Weekly: Anti-money laundering regulations and data protection

The General Data Protection Regulation (GDPR) - which replaces the Data Protection Act 1998 - has now become effective and is...

07 August 2018

From: Breaking News

Redress scheme admits some agents may have missed 'quit' deadline

The redress scheme which formally quit the housing sector admits some estate agencies may have missed its deadline - and are thus...

07 August 2018

From: Breaking News

More mixed messages from London as agents report contrasting figures

The London market continues to produce unexpected results with two high end agencies reporting contrasting fortunes.  Half year figures released by Chestertons...

07 August 2018

From: Breaking News

Countrywide bosses blasted  over ‘unequal’ rescue plan

Countrywide is under fire again over the controversial rescue plan it announced last week. On Friday the troubled agency group’s share price -...

06 August 2018

From: Breaking News

Pundit Henry Pryor in scathing attack on house price indices

Outspoken property commentator and buying agent Henry Pryor has made a scathing attack on some of the main house price indices. In...

06 August 2018

From: Breaking News

Government reminds agents there are just two redress schemes now

The government has revised its guidance to agents over redress schemes - amending it to take account of the fact that...

06 August 2018

From: Breaking News

Property Jobs Today - plenty of industry moves over the summer break

We may be well into August but there’s little sign of a holiday for our industry, with a string of big...

06 August 2018

From: Breaking News

By George! Osborne re-appears to defend his stamp duty reforms

The former Chancellor George Osborne - architect of drastic stamp duty reform - has come out fighting to defend the tax...

06 August 2018

From: Breaking News

What's bad for Foxtons is good for working Londoners says business editor

The business editor of right wing political weekly The Spectator says “what’s bad for Foxtons is on the whole likely to...

06 August 2018

From: Breaking News

Countrywide is in the last-chance saloon say its own advisers

Small print in the Countrywide rescue plan announced yesterday spells out in stark terms what could happen if the company’s bid...

03 August 2018

From: Breaking News

No sell off! - Countrywide's crown jewels are safe says new boss

The newly-appointed Group Managing Director of Countrywide says rumours of Hamptons International or other ‘crown jewels’ being put up for sale...

03 August 2018

From: Breaking News

Stamp duty receipts plummet £317m over the past year

An analysis of HMRC stamp duty statistics for the second quarter of this year suggest that receipts are down 13.8 per...

03 August 2018

From: Breaking News

It's not a big deal - agents try to brush off rate rise impact

Most estate agents have tried to dismiss the impact of the Bank of England’s base rate rise, which came following a...

03 August 2018

From: Breaking News

Agents Do Charity - and the heatwave's coming back...

Our glorious endless summer has a return visit to many areas this weekend - but it’s still not too hot for...

03 August 2018

From: Breaking News

Countrywide share price plummets after rescue plan announcement

Countrywide's share price has dropped sharply following the announcement of the company's rescue plan - but the firm itself says this...

02 August 2018

From: Breaking News

Interest rate rise today 'could hurt housing market balance' - warning

A leading estate agent is warning that an interest rate increase today ould hurt the delicate balance of the housing market. The...

02 August 2018

From: Breaking News

Conveyancing body wants fees listed on law firms' websites

The Council for Licensed Conveyancers says it wants legal practice websites to list cost information, including whether they have referral arrangements. The...

02 August 2018

From: Breaking News

Agents seeing more demand from downsizers, says equity release firm

An equity release consultancy says the result of its survey of estate agencies suggest an increase in interest from prospective downsizers. The...

02 August 2018

From: Breaking News

Ban Gazumping! And limit overseas ownership of homes, while you're at it...

Gazumping is the biggest irritation in the property market to the general public according to a survey of over 2,000 people.  Respondents...

02 August 2018

From: Breaking News

Another OnTheMarket founding agency returns to Zoopla and PrimeLocation

Another OnTheMarket founding estate agency - Strutt & Parker - has rejoined the Zoopla and PrimeLocation portals. Some months ago the London...

01 August 2018

From: Breaking News

Exclusive: estate agencies closing - data shows how many and where

Data prepared for the BBC and shared with Estate Agent Today gives a snapshot of how estate agencies, lettings agencies and...

01 August 2018

From: Breaking News

Countrywide 'failed in fund-raising effort earlier this year' - FT

The Financial Times this morning says that Countrywide suffered a failed bond issue earlier this year, forcing it to rely on...

01 August 2018

From: Breaking News

Ex-Tepilo boss sets up Excellence In Estate Agency consultancy

The former deputy chief executive at online agency Tepilo is launching a new training, recruitment and consultancy business for estate agents.  Catherine...

01 August 2018

From: Breaking News

EweMove still in profit as The Property Franchise Group reports growth

A trading statement this morning from The Property Franchise Group says its online brand, EweMove, is still trading profitably - and...

01 August 2018

From: Breaking News

Connells Group pre-tax profits dip, blaming difficult market conditions

Connells Group - which now says it’s the country’s largest estate agency by market share and numbers of homes sold -...

01 August 2018

From: Breaking News

Foxtons' swashbuckling days are over - analyst predicts big cuts

An analyst for business data consultancy Bloomberg has some news for Foxtons - he says its swashbuckling days are over and...

01 August 2018

From: Breaking News

PropTech Today: What do Rightmove and WeWork have in common?

There have been two stories dominating the PropTech headlines over this past week. As WeWork places a gentle arm around the...

01 August 2018

From: Breaking News

Another day, another gloomy report about London house sales

Prices and transaction volumes have both fallen again in Prime Central London according to the index produced by Central London Portfolio,...

01 August 2018

From: Breaking News

121,500 first time buyers since stamp duty cut, claims government

A government announcement this morning claims 121,500 first time buyers have taken advantage of the stamp duty cut introduced at the...

31 July 2018

From: Breaking News

Rightmove - can it remain profitable in the long term?

As if to prove there are two ways to interpret every figure, a new analysis of Rightmove’s recent trading statement suggests...

31 July 2018

From: Breaking News

Your Move parent firm sees 11% sales slump but good lettings performance

The parent company of Your Move, Reeds Rains and other agency brands has succeeded where Foxtons yesterday did not - in...

31 July 2018

From: Breaking News

Warning over asking prices not standing up to professional scrutiny

A leading buying agency is warning about asking prices that are higher than those acceptable to mortgage companies who therefore down-value...

31 July 2018

From: Breaking News

18% slump in sales agreed early this summer, says NAEA

The latest market snapshot released by the National Association of Estate Agents’ shows the challenges faced by the industry right now. The...

31 July 2018

From: Breaking News

Labour wants London property tax revenue to be given to Sadiq Khan

Labour says stamp duty receipts and other tax income from properties in the capital should go to the Mayor, Sadiq Kahn,...

31 July 2018

From: Breaking News

Foxtons suffers another profits dive after 23% slump in sales income

Foxtons has suffered a massive 23 per cent drop in sales income and a nine per cent drop in overall company...

30 July 2018

From: Breaking News

Join our revolution - new agency boss appeals to rival firms

The new owner of Humberts says he would consider acquiring or working alongside existing agencies who want to be part of...

30 July 2018

From: Breaking News

Prime London's four year collapse: agency figures show scale of falls

The price per square foot for homes in central London is currently £1,194 - that’s 16.9 per cent below its 2014...

30 July 2018

From: Breaking News

Conveyancing proposals could delay transactions, warns law firm

A leading legal firm has given broad approval to proposals from the Law Commission aimed at improving the conveyancing process and...

30 July 2018

From: Breaking News

Property Jobs Today - all the latest industry moves

Hello and welcome to this week’s PJT, the place where you find all the key agency industry moves over recent days. Please...

30 July 2018

From: Breaking News

Countrywide ‘to raise more money than originally thought’ - National press

Press speculation suggests that Countrywide’s much-anticipated rights issue will this coming week aim to raise £125m - not just the £100m...

29 July 2018

From: Breaking News

Agency branches spend almost £1,000 per month on average on Rightmove

‘Up’ is the key word in Rightmove’s figures for the first half of 2018, released to the City and to shareholders...

27 July 2018

From: Breaking News

Fees row: Spotlight on Ombudsman after court case decision

The couple at the centre of a court case about agents’ fees say the issue could have been resolved earlier had...

27 July 2018

From: Breaking News

Agency reveals price falls required by prime homes before they sell

Figures from Savills suggest that there’s currently an average 1.14 price adjustments per sale across the prime regional markets of the...

27 July 2018

From: Breaking News

Home win for Purplebricks: Kenny Bruce buys football stadium

One of the brothers behind Purplebricks has bought a football stadium in his home town. Kenny Bruce last year put £500,000 into...

27 July 2018

From: Breaking News

Agents Do Charity - and there's no let up as the  heatwave breaks...

With the weather scheduled to get a little cooler this weekend, fund-raising is clearly still a hot topic in the industry...

27 July 2018

From: Breaking News

OnTheMarket warns charges will rise as it hits 10,000 branch mark

OnTheMarket has now signed listing agreements with UK estate and letting agents with a total of over 10,000 offices - but...

26 July 2018

From: Breaking News

I know the secret behind Purplebricks, says industry newcomer

A businessman who’s just entered the estate agency industry says he’s got the secret behind Purplebricks’ success - even though he...

26 July 2018

From: Breaking News

Play the 'luxury' game! Startling advice to traditional estate agents

Traditional estate agencies should make their work appear more of a luxury and even showcase the prices of individual elements that...

26 July 2018

From: Breaking News

'Resi Richard' - guru teams up with top London estate agency

One of the property industry’s best known figures, Richard Berridge, has teamed up with estate agency My London Home to lead...

26 July 2018

From: Breaking News

Online agent of choice changes listing after complaint

An online estate agency has changed the wording of a listing on Rightmove, Zoopla and on its own website after a...

26 July 2018

From: Breaking News

PropTech platform BestAgent reveals new supplier partner

The emerging Proptech platform BestAgent has announced its latest partnership - this one is with sales progression company ViewMyChain. BestAgent, run by...

26 July 2018

From: Breaking News

Historic agency to abandon branches and move to 'Humberts Hubs'

The new owner of Humberts is to ultimately close many of the traditional branches and move to what he is calling...

25 July 2018

From: Breaking News

Countrywide - change it, close it or sell it? Four experts have their say

The agonisingly painful decline of Countrywide continues, with no one sure whether it is the darkest hour before the dawn or...

25 July 2018

From: Breaking News

PropTech Today: How can agents boost revenue with Open Banking?

Since January 2018, nine of the UK’s biggest banks have allowed competitors direct access to customer data as part of the...

25 July 2018

From: Breaking News

Mixed messages: transactions slump again but London prices improve

The latest transaction figures from HM Revenue and Customs make depressing reading - a three per cent drop between May and...

25 July 2018

From: Breaking News

Shock figures: Agents may have lost £4 billion in fees in 2017

A report drawn up by Reapit and data consultancy Dataloft suggests that agents in 2017 lost a potential (and jaw-dropping) £4...

25 July 2018

From: Breaking News

Good news on mortgages - no arrangement fees on 40% of them

The mortgage industry may be throwing agents and the housing market something of a lifeline - it’s been revealed that 40...

25 July 2018

From: Breaking News

Ola! Regional agency bucks trend by expanding to sell overseas homes

One of the country’s largest regional agencies is moving into the sale of homes overseas despite Brexit uncertainty and concern over...

25 July 2018

From: Breaking News

Countrywide delays publishing figures as search for funds goes on

Countrywide, the troubled estate agency group thought by some to be near collapse, has delayed issuing its interim figures which were...

24 July 2018

From: Breaking News

Significant financial distress felt by many more agencies

A report out today shows a 19 per cent rise in the number of property businesses classified as being in “significant...

24 July 2018

From: Breaking News

Surveyors accused of covering their backs by down-valuing

The debate over alleged ‘down-valuing’ by mortgage lenders has flared again with one leading agent claiming that surveyors are just “covering...

24 July 2018

From: Breaking News

Making conveyancing quicker and better - that’s the promise...

The Law Commission has unveiled proposals that it claims could stop property fraudsters in theirb tracks and improve conveyancing at the...

24 July 2018

From: Breaking News

GDPR Weekly: What security measures do agents need to take?

The General Data Protection Regulation (GDPR) - which replaces the Data Protection Act 1998 - has now become effective and is...

24 July 2018

From: Breaking News

Doubt over Countrywide rights issue as Purplebricks wins price boost

It’s being suggested that Countrywide’s rights issue, previously expected to be announced this week, may now be delayed. The Times says the...

24 July 2018

From: Breaking News

Sales figures ahead of last year, says upbeat franchise agency

At least one estate agency appears to be doing better than expected in the current challenging market - Hunters says sales...

24 July 2018

From: Breaking News

Purplebricks to launch Purplebricks Plus as it seeks 10% market share

Purplebricks has told the Press Association it wants to secure over 10 per cent of the agency market share in the...

23 July 2018

From: Breaking News

Online chief’s outburst against living in the past High Street agents

The former head of Rightmove’s lettings division has blasted High Street estate agencies for “living in the past, charging exorbitant fees...

23 July 2018

From: Breaking News

Countrywide stays silent on speculation over £100m rights issue

Countrywide has not made any official statement about speculation over the weekend that it was about to seek an additional £100m investment. Estate...

23 July 2018

From: Breaking News

Japanese Knotweed remains problem for sellers despite recent 'all clear'

Japanese Knotweed remains a major problem for a property sale - and that’s despite a recent study suggesting that the growth...

23 July 2018

From: Breaking News

Property Jobs Today - plenty of industry moves as the holidays start...

Hello and welcome to the regular Monday feature, Property Jobs Today. There’s plenty going on despite the summer holidays beginning for many...

23 July 2018

From: Breaking News

Instant valuations via touch-screens now available for agents

Agents are being offered a new way to capture details of prospective clients thanks to a partnership between The ValPal Network...

23 July 2018

From: Breaking News

Big tax rise on empty homes as government clamps down

Councils across England will have new powers to charge dramatically more council tax on homes left empty for many years following...

23 July 2018

From: Breaking News

Countrywide ‘to seek new investment of £100m’

It’s being reported this morning that Countrywide will seek new investment of over £100m, probably in the next few days.  The Sunday...

22 July 2018

From: Breaking News

Agents' fees cartel : investigation blows the lid on how it was planned

A disciplinary investigation by the Royal Institution of Chartered Surveyors has blown the lid on the infamous fee-fixing cartel scandal involving estate...

20 July 2018

From: Breaking News

We're not trying to disrupt agents insists market website chief

The creators of a website using market data to define postcodes as hosting a seller’s market or a buyer’s market have...

20 July 2018

From: Breaking News

Is this why transactions have slumped? Equity Release hits a new high...

Only 24 hours after the Land registry released data showing a 20 per cent slump in housing transactions, new figures from...

20 July 2018

From: Breaking News

125,000 buyers to benefit from Land Registry's early digitisation

HM Land Registry calculates that 125,000 buyers will benefit from just the first phase of its digitisation programme for Local Land...

20 July 2018

From: Breaking News

MP criticises rip off quick buy firms using cowboy tactics

A Labour MP has used Parliamentary privilege to name a quick buy company and to make accusations about its practices. During Prime...

20 July 2018

From: Breaking News

Agents Do Charity - and they're undeterred by the heatwave...

It’s holiday season shortly and we’ve got just the weather for it - good news for some, perhaps less so for...

20 July 2018

From: Breaking News

Trading Standards warns agents they must switch to valid redress scheme soon

The National Trading Standards Estate Agency Team has this morning issued a warning to agents that they must be signed up to...

19 July 2018

From: Breaking News

Foxtons share price hits new low - other traditional agents suffer too

Foxtons share price hit a new low yesterday, dropping to only 46p early in the afternoon: it eventually closed narrowly up...

19 July 2018

From: Breaking News

Storm clouds gather as house price growth dips to five-year low

Agents appear to be getting more pessimistic over the housing market as the latest government figures show prices still growing - but...

19 July 2018

From: Breaking News

40% of central London new-builds sold with large bulk discounts

A report in the Financial Times lays bare the scale of the housing market downturn in central London - it suggests...

19 July 2018

From: Breaking News

Ex-Savills agent to head up fourth city office for family-run firm

The Welsh estate agency Jeffrey Ross has opened its fourth branch in Cardiff, with a former Savills agent as its head....

19 July 2018

From: Breaking News

Rightmove claims sea views attract whopping 29% premiums

Rightmove claims that homes with sea views attract an average price premium of 29 per cent. The analysis - aimed at publicising a...

19 July 2018

From: Breaking News

'Local property experts' - controversial advice issued by ad watchdog

The Advertising Standards Authority has today issued a three-point guidance note for estate agents, including controversial interpretations of what constitutes a...

18 July 2018

From: Breaking News

Countrywide boss quits another boardroom to try to save agency

Peter Long, executive chairman of Countrywide, has resigned from another boardroom to focus on saving the troubled estate agency. Long has chosen...

18 July 2018

From: Breaking News

Emoov's 'final' crowdfunding tops £1.5m with two weeks left to run

Emoov’s latest crowdfunding campaign has now gone well over £1.5m, making it already 50 per cent over-funded already from its original...

18 July 2018

From: Breaking News

Scrap rival redress schemes! Ombudsman Services backs government call

One of three schemes with government backing to offer redress for complaints about estate and letting agents has reignited the debate...

18 July 2018

From: Breaking News

PropTech Today: Who wants £20,000 from government to develop a business?

Before I get into the nitty gritty of the government (well, one of its startup accelerator schemes) giving away £20,000, let...

18 July 2018

From: Breaking News

Agency's Property Marketing Academy to offer training across nine brands

The fast-expanding Spicerhaart group has launched its own in-house Property Marketing Academy and has secured a well-known industry trainer and coach...

18 July 2018

From: Breaking News

Shock figures show some London homes take average 220 days to sell

A new market snapshot shows how there’s now a two-tier market with homes in London taking substantially longer to sell than...

18 July 2018

From: Breaking News

Boost for Carter Jonas as it doubles footprint of national HQ

Carter Jonas has doubled the footprint of its UK headquarters in prime central London. It’s added a further 6,760 square feet of...

18 July 2018

From: Breaking News

Give Purplebricks more credit, says analyst rejecting criticism of agency

One of the top PropTech analysts in the world, Mike DelPrete, says Purplebricks deserves more credit for its performance in the...

17 July 2018

From: Breaking News

£200 a month to run your own estate agency says company boss

The UK division of Keller Williams, the world's largest estate agency, says it can help entrepreneurial agents to set up their...

17 July 2018

From: Breaking News

Humberts pledges revolution as it concentrates on chocolate box towns

Humberts’ new owner has issued a statement saying he is on “a personal mission to revolutionise the industry and become the...

17 July 2018

From: Breaking News

Agents back tool which claims to create most accurate floorplans

The manufacturers of a new PropTech tool claims it produces “the most accurate measurement of floorplans on the market” and has...

17 July 2018

From: Breaking News

London house prices set to fall next year as well as this - PwC

House prices in London are projected to fall in the short-term, down by two per cent by the end of 2018...

17 July 2018

From: Breaking News

Agents misleading buyers about in-house mortgage services, says Which?

The consumer group Which? says some estate agents are misleading buyers about in-house mortgage services.  The consumer group has issued a number...

16 July 2018

From: Breaking News

New twist in row over agent refusing to delete claims about Purplebricks

There’s a new twist in the row between a Cornish agent and the Advertising Standards Authority. The row revolves around a tweet...

16 July 2018

From: Breaking News

Rightmove may be threatened by OnTheMarket says investment mag

An article in Investors’ Chronicle says the dominance of Rightmove and ZPG in the portal market could be under threat from...

16 July 2018

From: Breaking News

Tool claims to find agents leads by analysing past customer records

A new digital product claims to help agents estimate which of their past customers are statistically most likely to move again...

16 July 2018

From: Breaking News

Asking prices at a standstill as summer lull kicks in, says Rightmove

Asking prices are at a virtual standstill as the summer lull kicks in, according to the latest Rightmove index. New seller asking...

16 July 2018

From: Breaking News

Property Jobs Today - all the latest industry moves...

Hello and welcome to this week’s Property Jobs Today - a slim edition given how quiet the industry is at the...

16 July 2018

From: Breaking News

Smaller estate agencies to have access to cutting-edge IT under new plan

A property software guru says he wants PropTech firms to join with him in an ‘open platform’ which would allow smaller...

13 July 2018

From: Breaking News

Success for 20 year old agency owner with big plans for the future

An agent who is only 20 - and who set up his own firm when he was still a teenager -...

13 July 2018

From: Breaking News

Volume of asking price cuts reaches six-year high in 'stock glut' areas

There’s more gloomy reading for vendors from a new report by website Home, which says the volume of properties slashing their...

13 July 2018

From: Breaking News

Brexit and political fears now key drivers of prime London says agency

The battered prime central London market is now suffering from the UK’s wider political volatility, the lack of stability of the...

13 July 2018

From: Breaking News

Agents Do Charity - inspired by Three Lions...

The dream may be over but the return to reality can at least be staged in the spirit of an England...

13 July 2018

From: Breaking News

Rebel agent turns fire on ZPG as advertising watchdog ponders sanctions

The Advertising Standards Authority says its compliance team is considering its next steps following the refusal of estate agency PDQ Estates...

12 July 2018

From: Breaking News

Think it's all over? It is now - Emoov's Russell Quirk reviews the big match

“They think it’s all over ... it is now.” The refrain that haunts England fans returned last night, not in a good...

12 July 2018

From: Breaking News

At last - Local Land Charge searches 'can take just seconds'

Automated search companies have heaped praise on HM Land Registry following the digitisation of local land charge data - the LLC1...

12 July 2018

From: Breaking News

Guild and Fine & Country splash the cash on six-figure Park Lane makeover

Fine & Country and The Guild of Property Professionals are refurbishing the Park Lane showroom they share - and it’s going...

12 July 2018

From: Breaking News

New Housing Minister makes his first statement - all 93 words of it

The new housing minister, Kit Malthouse, has made his first formal statement from the Ministry of Housing, Communities and Local Government. It...

12 July 2018

From: Breaking News

Online agency share now hits 8% of the market says new survey

Over 15,000 households have exchanged after listing with an online agent in the second quarter of 2018 - that’s eight per...

11 July 2018

From: Breaking News

Banned! Maverick agent must not repeat claims about Purplebricks

An agent from Cornwall who has waged a long-running campaign against online agencies in general and Purplebricks in particular has been...

11 July 2018

From: Breaking News

Auctioneer selling Purplebricks and Countrywide homes reports strong sales

Auction House says the number of lots it sold in the first half of 2018 was some 3.8 per cent up...

11 July 2018

From: Breaking News

London dominates 'high risk mortgage lending' league table

Locations in the capital dominate a league table of locations where the largest numbers of so-called ‘high risk’ mortgages are taken...

11 July 2018

From: Breaking News

If we’re to be taken seriously, our industry needs a Tsar says agency chief

A leading agency chief says the frequent churn of housing ministers means there is only one answer if our industry wants...

11 July 2018

From: Breaking News

PropTech Today: Why doesn’t Rightmove create its own co-working business?

I loved my Foxtons office. I started in the Battersea branch. It was the old-style office; traditional carpets, actual properties in...

11 July 2018

From: Breaking News

No house price rises until 2023 - that's what left-wing think tank wants...

A left-leaning think tank is urging the Bank of England to manipulate the housing market to ensure house prices don’t rise...

11 July 2018

From: Breaking News

Move over Alexa! New free-to-list 'voice leads' portal to be launched

A new free-to-list portal is to be launched - and it is to be ‘voice led’.  The PropTech firm Triplerr says it...

10 July 2018

From: Breaking News

Regional hybrid agency launches with upfront fee of £1,500 including VAT

A hybrid estate agency has launched in Bury, one of the first of its kind to operate in the UK on...

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