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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...

10 July 2018

From: Breaking News

My role in latest ‘good value’ Purplebricks expansion, by PropTech guru

Leading PropTech guru Mike DelPrete has revealed that he was involved in Purplebricks’ latest expansion, entering the Canadian agency market via the...

10 July 2018

From: Breaking News

May-hem: Disillusioned industry groups welcome 'unknown' minister

Industry groups have welcomed Kit Malthouse as housing minister - but make little effort to hide their frustrations, disappointment and disillusionment. Malthouse was announced...

10 July 2018

From: Breaking News

GDPR Weekly: How should agents deal with security breaches?

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

10 July 2018

From: Breaking News

Lucky escape for Raab - government to miss its new homes target

Former housing minister Dominic Raab, who yesterday left his post after just six months in office, may have had a lucky...

10 July 2018

From: Breaking News

Proptech: automate anti-money laundering, security chief urges

A PropTech company boss says evidence given to MPs confirms the need to improve anti-money laundering processes through greater automation and...

10 July 2018

From: Breaking News

Little-known Conservative MP Kit Malthouse is new housing minister

The little-known Conservative MP Kit Malthouse has been named as the new housing minister. He takes over from the high-flying Dominic Raab,...

09 July 2018

From: Breaking News

Housing minister Raab now takes over David Davis exit-EU role

It’s been announced this morning that Dominic Raab - who became housing minister just a few months ago - is to...

09 July 2018

From: Breaking News

More investment in Purplebricks as Axel Springer increases its stake

The German publishing company Axel Springer has increased its stake in Purplebricks to 12.5 per cent - and says it may...

09 July 2018

From: Breaking News

Conveyancers accused of massive delays during house transactions

A ‘disruptor’ tech company claims that large numbers of people are dissastisfied with the conveyancing element of house moves, with many...

09 July 2018

From: Breaking News

Simon Whale says thanks for the kind words - and leaves his contact details

Highly regarded industry figure Simon Whale, who quit his role as head of sales at Reapit on Friday, took to the...

09 July 2018

From: Breaking News

All 22 estate agency jobs saved as firm is rescued from administration

Rowcliffes, the Derbyshire estate agency, has been sold out of administration with all 22 agency jobs being saved. A statement from the...

09 July 2018

From: Breaking News

Great estate agents inspire England to victory! - Our big match review

The dream goes on, and as England eases into the World Cup semi-finals, our agents’ reviews of their games continue -...

09 July 2018

From: Breaking News

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

Hello, and welcome to this week’s regular Monday summary of all the major jobs moves in our industry.  The industry is still...

09 July 2018

From: Breaking News

House price rises will struggle this year and next, say top economists

One of the UK’s leading group of economic experts has repeated its warning that housing market is not going to see...

09 July 2018

From: Breaking News

PropTech: Simon Whale quits software company Reapit

Reapit has announced that its head of sales, the well-respected and popular industry figure Simon Whale, is leaving the company.  He is...

06 July 2018

From: Breaking News

Purplebricks the largest UK estate agency: 'So what?' says stock market

The stock market and at least one City analyst have shrugged their shoulders at the claim by Purplebricks that it is...

06 July 2018

From: Breaking News

Bonjour! Meet the prime London agent who lives in the south of France

A senior agent says an innovative business model allows him to work in prime central London - even though he lives in France.  Former...

06 July 2018

From: Breaking News

It may be a tricky market now ... but it's still better than a year ago

The Agency Express board company says its monitor of the sales market suggests that it’s in better shape now than it...

06 July 2018

From: Breaking News

Want more new homes? Then cut the red tape, say property chiefs

Some of Britain’s top property experts say bureaucracy, lack of cooperation and a dwindling number of smaller builders are the main...

06 July 2018

From: Breaking News

Agents Do Charity - with one eye on 'the match'...

Hello and welcome to this week’s hat-tip towards those in our industry doing so much to help others in need. Summer fund-raising...

06 July 2018

From: Breaking News

Purplebricks: UK revenue up 81%, 630 LPEs and 74% of online share

  Purplebricks says it enjoyed an 81 per cent growth in revenue in the UK the year to the end of April and...

05 July 2018

From: Breaking News

Agency figures prove a well-priced property sells fastest - company chief

An estate agency chain has produced strikingly successful sales figures for the first half of the year - evidence, it says,...

05 July 2018

From: Breaking News

More rich foreigners buying in London is first fruit of Brexit says agent

An outspoken high-end London estate agent says millionaire foreign buyers purchasing “cheap” properties in the capital represent what he calls “the...

05 July 2018

From: Breaking News

Another massive vote banning new-build holiday homes

Part of the South Hams area, a popular tourist hotspot in south Devon, has voted overwhelmingly in favour of a ban...

05 July 2018

From: Breaking News

Rebranding frenzy increases Hunters' branch total by another four

Another four existing estate agency branches have rebranded as Hunters. In the westcountry three branches of Heritage4homes - at Yatton, Nailsea and...

05 July 2018

From: Breaking News

OnTheMarket 'now listing over half the market’ - 550,000 properties

Another update from OnTheMarket this morning claims the portal is now listing over 550,000 UK residential property listings, in excess of...

04 July 2018

From: Breaking News

England win! - our match review features Emoov and Purplebricks (sort of...)

Any fingernails left after last night’s thriller? It was a cracker of a game, particularly the last 45 minutes...and then the...

04 July 2018

From: Breaking News

Double whammy: Two agencies report more prime London price falls

Two more price reports from high-end agencies make grim reading about the prime London housing market. New data from Savills suggests that...

04 July 2018

From: Breaking News

PropTech Today: The estate agent in 2050 - utopia or dystopia?

By now we’ve all seen news about the long-term decline in property sales and competition from online alternatives leading to ‘more...

04 July 2018

From: Breaking News

Fire-damaged agency makes a splash as it reopens after eight months

A branch of Andrews estate and lettings agency, damaged by water as a result of a fire eight months ago, is...

04 July 2018

From: Breaking News

At least one housing sector is booming - retirement market to rocket by 2022

If agents want to get into what looks like a guaranteed growth sector, retirement properties might just be the one if...

04 July 2018

From: Breaking News

New service aims to help 'Right Of First Refusal' leasehold flat owners

A new website has been set up specifically to help leasehold flat owners who have been served a Section 5 Notice...

04 July 2018

From: Breaking News

Emoov hints at IPO in 2019 and raises £1m from crowdfunding

Emoov has launched a crowdfunding campaign giving investors, it says, “a final chance” to put their money into the hybrid agency...

03 July 2018

From: Breaking News

Analyst predicts Purplebricks will report increased losses this week

Purplebricks is reported to be set to reveal increasing losses when it issues its full-year financial results to the London Stock...

03 July 2018

From: Breaking News

Help To Buy and similar schemes curtailed on new leasehold houses

The government says its funding schemes such as Help To Buy will no longer be applied to what it calls “unjustified...

03 July 2018

From: Breaking News

Agency chief didn't pay fixed penalty notice - ends up with big fine

The director of an estate agency has been ordered to pay more that £1,800 for failing to dispose of waste properly. Adebayo...

03 July 2018

From: Breaking News

Not just Mum and Dad - more evidence that families help people move

Many existing homeowners wanting to trade up now rely on financial help from family and friends to help make the jump...

03 July 2018

From: Breaking News

Corbyn's 'Healthy Homes Zones' will aim to save money for NHS

Labour says it wants ‘Healthy Homes Zones’ in a bid to reduce housing-related health inequalities which are estimated to cost the NHS £1.4...

03 July 2018

From: Breaking News

153 estate agents go bust and 7,000 at risk, says insolvency firm

An insolvency firm claims 153 estate agencies have gone bust in the past year with more than 7,000 “showing signs of...

02 July 2018

From: Breaking News

Purplebricks breaks into Canada; acquires fixed-fee listings network

Purplebricks has acquired another fixed-fee agency for £29.3m - it’s in Canada and marks another new territory for the hybrid agency. The...

02 July 2018

From: Breaking News

Back to the future? - Industry experts predict estate agency in 2028

A decade ago we were still years away from Purplebricks, Countrywide was a colossus in the industry, no one had thought...

02 July 2018

From: Breaking News

New Purplebricks adverts - full service without the commission

The creative agency behind the new round of Purplebricks Commisery TV advertisements have been explaining the philosophy they brought to the...

02 July 2018

From: Breaking News

PropTech duo want agents to help mould 'first global platform'

Two high-profile PropTech entrepreneurs have raised £150,000 to help fund what they call “the first global PropTech platform.” James Dearsley and Eddie...

02 July 2018

From: Breaking News

Property Jobs Today - all this week's big moves...

Hello, and welcome to this week’s regular Monday summary of all the major jobs moves in our industry.  Despite summer and the...

02 July 2018

From: Breaking News

Strike The Pose! Expert guidance on how to win instructions (maybe)

We all need to lighten up from time to time, especially at the start of another working week at the height...

02 July 2018

From: Breaking News

Estate agency as it used to be - EAT looks back at 2008

Estate Agent Today is 10 years old this weekend. We hope you’ll agree that’s a cause for celebration and a great...

29 June 2018

From: Breaking News

Popular ex-Countrywide executive now managing director at Dexters

One of the country’s best know estate agents, Marc Goldberg, has joined London agency Dexters. Goldberg spent some 30 years at Countrywide’s...

29 June 2018

From: Breaking News

'The score? Doesn't matter, does it?' - our latest England World Cup review

Here’s our third England World Cup match report prepared by a reader - and it’s another terrific review...perhaps more interesting than...

29 June 2018

From: Breaking News

Watch Out London - other city housing markets are closing the gap

Hometrack says other cities are now closing the gap on London in terms of house prices and market value. The latest Hometrack UK...

29 June 2018

From: Breaking News

Raab says government aim is to make housing market more affordable

In what is regarded as his most important speech since becoming housing minister, Dominic Raab has told a conference that it...

29 June 2018

From: Breaking News

Agents Do Charity - has anyone got a cool drink to spare?

Boy it‘s hot out there, with little end in sight yet. That’s the good news. Now the even better news -...

29 June 2018

From: Breaking News

Yopa and Emoov slugging it out to be second to Purplebricks - analyst

A leading digital analyst says online agency Yopa has doubled its listings this year and is fighting the merged Emoov-Tepilo operation...

28 June 2018

From: Breaking News

'We want talented mums as agents' says agency on recruitment drive

The UK arm of the US-based estate agency Keller Williams says it is making a specific bid to recruit more women...

28 June 2018

From: Breaking News

Dressing a home boosts sale price up to six per cent, say agents

The vast majority of estate agents say dressing a property for sale improves its chances of a sale by leaving a...

28 June 2018

From: Breaking News

Chestertons shuffles top team - and appears to scrap CEO role

Chestertons has announced two changes to its management team in order to, in its own words, “help lead the business into...

28 June 2018

From: Breaking News

More downbeat market news - price growth at five year low

House prices rose at their slowest annual rate in five years in June according to the latest indicator of this summer’s...

28 June 2018

From: Breaking News

Latest Prime Central London property trend - buy a wreck and do it up

Wary buyers reluctant to risk buying a premium-priced property in the volatile prime central London market are adopting a perhaps-surprising tactic...

28 June 2018

From: Breaking News

Purplebricks pledges to appeal latest ban on advertisement

Another Purplebricks ad has been stamped down on by the Advertising Standards Authority following a complaint by Hunters Property Group - but...

27 June 2018

From: Breaking News

'Bigger Countrywide losses to come' warns broker advising investors to sell

One of Countrywide’s former allies in the City broker community - independent corporate advisor Numis - has downgraded the troubled agency...

27 June 2018

From: Breaking News

Crisis? What Crisis? Agency plans to expand into major cities

Just as some estate agents are reported to be making plans to retrench if the housing market continues to be sluggish,...

27 June 2018

From: Breaking News

'Buyers sitting on their hands' as mortgages for purchase fall again

Total mortgage approvals by the main High Street banks increased three per cent in May over the same month last year...

27 June 2018

From: Breaking News

PropTech Today: I’m a screamer - which generation do you belong to?

The time has come for full PropTech/property integration and only those who open themselves to the globe will be part of...

27 June 2018

From: Breaking News

Call for Countrywide management to quit after huge share price slide

Senior management at Countrywide came in for a pasting on Twitter yesterday as TV market commentator and buying agent Henry Pryor...

26 June 2018

From: Breaking News

Purplebricks rejects claims of bullying Local Property Experts in Australia

Purplebricks says it completely rejects any claim of bullying its representatives in Australia. The Australian Financial Review, which last week reported the...

26 June 2018

From: Breaking News

Transactions plummet across UK and particularly London

Transactions across Greater London have plummeted - they were down 7.9 per cent over the past three months and a whopping...

26 June 2018

From: Breaking News

GDPR Weekly: All you need to know about subject access requests

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

26 June 2018

From: Breaking News

'Hands off our For Sale boards' says leading London agency chief

The head of London’s largest estate agency brand has hit back at a council in the capital which wants enhanced powers...

26 June 2018

From: Breaking News

Countrywide share price plummets over 20% to lowest level ever

Countrywide’s share price has taken a massive hit this morning - down well over 20 per cent - following a surprise...

25 June 2018

From: Breaking News

Countrywide reveals 9% boost in sales listings since start of year

Countrywide says its Back To Basics strategy has seen a nine per cent increase in properties for sale with the group...

25 June 2018

From: Breaking News

Ban The Boards! Council bid to outlaw For Sale and To Let signs

A London council is seeking widespread powers to ban For Sale and To Let boards which it claims are seen by...

25 June 2018

From: Breaking News

‘Word of mouth is better than reviews when choosing an agent’

A survey shows only 18 per cent of vendors favour reviews over personal recommendations when it comes to choosing an estate...

25 June 2018

From: Breaking News

'Gareth Southgate please prove me wrong':  Our latest World Cup review

What a weekend for British sport! In F1 there was Lewis Hamilton’s dominant win at the French Grand Prix, and the big...

25 June 2018

From: Breaking News

Stamp duty to blame for tumbling holiday home prices

The three per cent stamp duty additional properties surcharge is to blame for tumbling house prices in some of Britain’s holiday...

25 June 2018

From: Breaking News

Property Jobs Today - the latest moves within our industry...

Hello and welcome to Property Jobs Today, the regular Monday round-up of moves and changes in our industry. Do please let us...

25 June 2018

From: Breaking News

Exclusive: US agency opens fourth UK office with more to come

Estate Agent Today can reveal that Keller Williams, the US-led firm that has 170,000 agents worldwide, is to open its fourth...

22 June 2018

From: Breaking News

Commisery for Purplebricks - it's hit trouble in Australia

It looks as if Purplebricks has hit something less than a purple patch in the Australian housing market. The Australian Financial Review,...

22 June 2018

From: Breaking News

Rebranding gives agency its 25th office in London

Hunters is hoping to defy the long-running slowdown in the London market with the opening of a new branch in Greenwich.  The...

22 June 2018

From: Breaking News

London market pain goes on as top builder warns on Brexit

High-end housebuilder Berkeley Homes says “macro and political uncertainty, including Brexit” is leading to some developers previously building in London to...

22 June 2018

From: Breaking News

Agents Do Charity - as we all wait for Sunday's big game...

If World Cup 2018 appeared to be low profile at the start, it didn’t last long. Following this week’s Harry Kane goals...

22 June 2018

From: Breaking News

Tale of our times: flat sells after 575 days at £111,500 below asking price

The Money editor of The Mirror newspaper has finally sold a home he first put on the market in late 2016...

21 June 2018

From: Breaking News

Asking prices may have to be cut as hybrid agency reveals 'reality gap'

A major hybrid agency says there is a huge ‘reality gap’ between the typical asking price of homes on sale and the...

21 June 2018

From: Breaking News

Agents clash over whether prime London still appeals to investors

Prime London’s transactions are now the preserve of so-called ‘needs-based buyers’ and not investors according to high-end agency Knight Frank -...

21 June 2018

From: Breaking News

Fund for tragic agent who died aged 27 has now hit £500,000 target

A fund set up in memory of a 27 year old estate agent, who died of cancer just weeks after his...

21 June 2018

From: Breaking News

Anti-money laundering checks can be conducted remotely via app

A new anti-money laundering app has been launched which allows agents to conduct checks remotely.  The app allows access from devices -...

21 June 2018

From: Breaking News

Why rent? It's now cheaper to buy than rent in every UK region

Potential first-time buyers in every area of the UK would have lower monthly outgoings if they bought a property rather than...

20 June 2018

From: Breaking News

PropTech Today: Can Viewber become an essential part of the agent toolbox?

What a big week for PropTech! With the very first MIPIM PropTech conference, taking place in Paris today and tomorrow, comes...

20 June 2018

From: Breaking News

More gloom and doom: economists say market won't improve this year

The housing market “is clearly currently struggling to gain traction” and any real upturn ”will remain elusive over the coming months”...

20 June 2018

From: Breaking News

Right To Buy: top agency hints at need for 'fundamental review'

Savills has suggested that it may be time for a fundamental review of what’s left of the flagship policy of Margaret...

20 June 2018

From: Breaking News

Sequence auction house amends advert after watchdog intervenes

One of the country’s largest auction houses has had to amend an advertisement on its website after an intervention by the...

20 June 2018

From: Breaking News

Referral Fees may be banned following Trading Standards survey

National Trading Standards Estate Agency Team and two of the three industry redress organisations have launched a survey to measure the...

19 June 2018

From: Breaking News

New online firm charges 0.75% fee on completion with no contract period

A new online agency has started charging only 0.75 per cent commission, payable only on completion, with no VAT and no...

19 June 2018

From: Breaking News

Kane so able but England so frustrating! Our guest reviewer’s verdict...

So what did you think of the match? A deserved 2-1 win or a lucky victory snatched from the jaws of...

19 June 2018

From: Breaking News

Huge 90% vote to ban new-build second homes in another hotspot

There’s been a landslide vote to ban new-build second homes in another tourist hotspot. Some 90 per cent of those who voted...

19 June 2018

From: Breaking News

Brexit is now single biggest worry for property industry - claim

A survey of owner-occupiers, landlords, property investors and insolvency practitioners has revealed that Brexit is the single biggest concern when it...

19 June 2018

From: Breaking News

Boost for Purplebricks as fund manager Woodford increases his stake

The famed fund manager Neil Woodford has increased his stake in hybrid agency Purplebricks, which last week announced an expansion of...

18 June 2018

From: Breaking News

Foxtons off-the-scale manic and hyper-aggressive (well, it used to be)

The former managing director of Foxtons, Peter Rollings, has spilled the beans on what it was like working at the heart...

18 June 2018

From: Breaking News

Up, up and up again - Rightmove asking prices rise despite sales dip

The average asking price of newly marketed property continues to rise according to Rightmove - and this is despite a dip...

18 June 2018

From: Breaking News

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

Hello - if it’s Monday, it must be Property Jobs Today, your chance to see a snapshot of the key moves...

18 June 2018

From: Breaking News

NAEA and ARLA Presidents - no surprises as 'next in line' take office

ARLA and the NAEA have appointed their new presidents - and as usual they are the presidents-elect, named a year ago. Mark...

18 June 2018

From: Breaking News

Purplebricks announces major expansion of its US business

Purplebricks is expanding its US activities by entering the markets of Las Vegas, Nevada and Phoenix, in the state of Arizona. A...

15 June 2018

From: Breaking News

Do online bosses use High Street agencies to sell their own homes?

Whisper it quietly, but it may be that some bosses of online agencies used traditional High Street companies to sell their...

15 June 2018

From: Breaking News

Pioneering digital search service to be launched by Land Registry

A new digital search service is being launched next month by HM Land Registry, marking the latest phase in its attempt...

15 June 2018

From: Breaking News

Another key Countrywide figure returns to the company

One of the best known and respected country agents has returned to Countrywide after 12 months working with Arun Estates.  Jill Bennetts...

15 June 2018

From: Breaking News

More payroll giving success for London estate agency

Chestertons has again been recognised for its success in engaging employees with the Payroll Giving fundraising initiative. The Payroll Giving Quality Mark...

15 June 2018

From: Breaking News

Agents Do Charity - end-to-end stuff for good causes...

The World Cup may be entertaining us for the next few weeks but whatever England’s fate may be, one thing is...

15 June 2018

From: Breaking News

‘Unknown' online agency has 2,500 listings and best-ever month

The young entrepreneur behind Doorsteps, the estate agency that deliberately avoids the huge marketing razzamatazz of other online companies, says his...

14 June 2018

From: Breaking News

OnTheMarket now has 9,000 agency branches signed up

OnTheMarket now has listing agreements with over 9,000 estate agency branches - that's another 500 or so since its previous release...

14 June 2018

From: Breaking News

Agency boss tells redundant shop workers they should 'join us'

The managing director of independent agency network Spicerhaart says shop workers who are unemployed because of the latest round of retail...

14 June 2018

From: Breaking News

Major online agencies unaffected by Supreme Court ruling

Major online agencies appear to be unaffected by yesterday’s Supreme Court decision over workers' rights in the so-called 'gig economy'.  Yesterday’s case concerned...

14 June 2018

From: Breaking News

Prices still rising but growth continues to slow, official figures show

Government figures are the latest to show that house prices are still going up - but with a reduced rate of...

14 June 2018

From: Breaking News

All-expenses trip to New York: now THAT'S an estate agency bonus...

Over 100 ‘top achievers’ from Connells Group have just enjoyed an all-expenses paid trip to New York as a thank you...

14 June 2018

From: Breaking News

Online and traditional auction houses slug it out for dominance

The rivalry between online and traditional property auction companies continues apace with one high profile player from each camp claiming major...

14 June 2018

From: Breaking News

Take that! High Street agency attacks online firms over 'issues'

One of the country’s best known regional traditional agencies, Pygott and Crone, has used a promotion in local news outlets to...

13 June 2018

From: Breaking News

Cuts in asking prices reach six-year peak as market may be stalling

More stock and longer times on the market are combining to create a surge in asking price reductions according to a...

13 June 2018

From: Breaking News

Tragedy as Suzy Lamplugh's father dies without knowing who killed her

Paul Lamplugh, the father of estate agent Suzy who was presumed murdered 33 years ago, has died - tragically, without ever...

13 June 2018

From: Breaking News

PropTech Today: Corporate living? No thanks

The pace of change is extraordinary. As we reach the middle of one conversation, rumblings of the next already begin. I think...

13 June 2018

From: Breaking News

Watchdog intervenes over agency’s portal advertising claim

The Advertising Standards Authority has intervened after receiving a complaint about a website and online advertisement for the Howard Cundey agency. The...

13 June 2018

From: Breaking News

Shocking new figures show scale of sales slump, especially in London

The proportion of homes sold in London was lower than any other part of England and Wales last year according to...

12 June 2018

From: Breaking News

GDPR Weekly: How should you remove data from your system?

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

12 June 2018

From: Breaking News

Success for The ValPal Network as it teams up with Reapit

Clients of software provider Reapit can now integrate with leading sharing and online valuation service The ValPal Network. The objective is to help Reapit...

12 June 2018

From: Breaking News

Agency group revs up with £20m deal to replace 1,100-car fleet

Spicerhaart is reported to be replacing its fleet of 1,100 cars over the next three years with BMWs.  Much of its current fleet...

12 June 2018

From: Breaking News

Online auction house proves cynics wrong - and says more will follow

An auction house says it was “scoffed at” four years ago when it began offering online options to customers - but...

12 June 2018

From: Breaking News

Agent to face trail - he denies lying over sales information

It is understood that an estate agent from Cornwall is to face trial over allegations that he misled potential customers over...

11 June 2018

From: Breaking News

Strewth! Purplebricks investigated by another Australian watchdog

News media in Australia say Purplebricks is the subject of an investigation by a consumer watchdog in the province of Western...

11 June 2018

From: Breaking News

Wanted: agents who fancy themselves as World Cup pundits ...

Here’s your chance to release the inner John Motson - write your interpretation of how England performs in each match of...

11 June 2018

From: Breaking News

Agency shuts after 30 years to concentrate on legal services

An Oxfordshire estate agency is shutting up shop at the end of this week in order to allow its parent company...

11 June 2018

From: Breaking News

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

Hello and welcome to this week’s PJT, and although we’re well into the summer season now there are still plenty of...

11 June 2018

From: Breaking News

The Rightmove money machine - is it running out of steam?

A leading property industry analysts says Rightmove may be amongst the top portals in the industry worldwide, but it is facing...

08 June 2018

From: Breaking News

Expanded Emoov now one of the UK's top seven agencies, says Quirk

Russell Quirk, chief executive of Emoov, says his agency is now one of the top seven in the UK following its...

08 June 2018

From: Breaking News

Agency on a mission - family-run firm pledges profits for the homeless

A London estate agency run by a brother and sister is trying something completely now - it pledges to use some...

08 June 2018

From: Breaking News

House prices still rising but market is softening, Halifax figures show

Prices grew at a faster than expected rate last month according to the Halifax House Price Index, which has reported a...

08 June 2018

From: Breaking News

Agents Do Charity (and sorry, we mention Donald Trump this week...)

We have the presidential seal of approval for our Agents Do Charity this week - well, sort of, but we don’t mean...

08 June 2018

From: Breaking News

OnTheMarket reveals financial losses but fast-growing agents and traffic

OnTheMarket’s first formal annual figures released since its flotation reveal losses in what it describes as its “transformational year” but also...

07 June 2018

From: Breaking News

Uproar over new property portal claiming some agents as 'partners'

The entrepreneur behind a free-to-list property portal claiming support from 17 estate agencies has defended the description of them as ‘partners’ -...

07 June 2018

From: Breaking News

Sales market - biggest rise in new listings for at least 18 months

May saw the highest number of new sellers list their properties in any single month for at least 18 months, claims...

07 June 2018

From: Breaking News

Portal data and weak pound help London agent target Chinese buyers

London estate agency Kay & Co says it is targeting Chinese buyers following research data produced by a portal. The China property...

07 June 2018

From: Breaking News

Latest survey of experts blames Brexit again for London market woe

A poll of housing market experts suggests London house prices are likely to fall this year as a result of Brexit...

07 June 2018

From: Breaking News

Free-to-list property portal launched for estate agents

A property portal that describes itself as free-to-list has launched today, taking the industry by surprise - however, at least one...

06 June 2018

From: Breaking News

‘Online growth slow but agents should hedge their bets’ - ePropServices chief

The head of eProp Services, parent company of easyProperty, says growth in the online sector is slower than expected - but that...

06 June 2018

From: Breaking News

Has OnTheMarket performed? We're about to find out...

OnTheMarket has announced to the City and its shareholders that it’s to reveal its annual results tomorrow - the first such...

06 June 2018

From: Breaking News

PropTech Today: What’s the true value of an estate agent in the world of tech?

Is there really any true value to an estate agent in our current climate? Will there be a role for traditional agents...

06 June 2018

From: Breaking News

Housing Minister Raab's speech seen as key to Theresa May's future

It may seem innocuous enough but a speech at a party by pro-Brexit housing minister Dominic Raab is being interpreted by...

06 June 2018

From: Breaking News

Auctions big themselves up despite challenging sales market

Major auction companies continue to claim successes despite the challenging housing market. Auction House says a recent auction of London properties produced...

06 June 2018

From: Breaking News

easyProperty names new agency chief as online shake-out continues

The online agency shake-out and consolidation continues apace. Former YOPA director Russell Humphrey has been named as the managing director of estate...

05 June 2018

From: Breaking News

Sarah Beeny back in the boardroom, saying online agents will grab 70% share

TV property expert Sarah Beeny says she expects online agencies to take 70 per cent market share in the future -...

05 June 2018

From: Breaking News

It's not just Purplebricks - another agency boasts thousands of Trustpilot reviews

It’s not just Purplebricks that makes much of its apparently- favourable online reviews - now EweMove has issued a statement expressing...

05 June 2018

From: Breaking News

Conveyancers may have to publish prices, services and reviews

As the process of making buying and selling more transparent continues to gather pace, the body that regulates conveyancers says it...

05 June 2018

From: Breaking News

Purplebricks under scrutiny as US watchdog discusses online agencies

The Federal Trade Commission - the US equivalent of the UK’s Competition and Markets Authority - will today discuss how the...

05 June 2018

From: Breaking News

Cluttons to concentrate on its UK business after Savills' Mid-East acquisition

Cluttons - which a year ago was bought out of pre-pack administration by a so-called ‘turnaround’ business, RCapital - has now...

05 June 2018

From: Breaking News

Exclusive: new firm selling off-market homes starts hunt for agents

Estate Agent Today can reveal that a new property firm is being launched specialising solely in the sale of off-market homes...

04 June 2018

From: Breaking News

Claims resurface of agents urging buyers to use preferred mortgage brokers

A magazine which earlier this year claimed that two big corporates pressured customers to use their preferred mortgage brokers has now...

04 June 2018

From: Breaking News

Countrywide launches 'share save' discount scheme for employees

It’s been revealed that Countrywide has offered its staff a ‘share save’ scheme which allows them to purchase shares in the...

04 June 2018

From: Breaking News

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

Hello and welcome to this week’s PJT - this is the first edition for a fortnight as last Monday was a...

04 June 2018

From: Breaking News

Controversial Labour MP says property better than pensions for retirement

A Labour MP who has in the past been fiercely critical of estate and lettings agents now says that property is...

04 June 2018

From: Breaking News

Agent battered by GDPR tells government: Cut the red tape!

An outspoken estate agent has given the government a clear message - get off our backs , ease the red tape...

01 June 2018

From: Breaking News

Sexual assault on estate agent leads to pensioner's prison term

A pensioner who committed sexual assaults on two women - one of them an estate agent - has been sent to...

01 June 2018

From: Breaking News

First timers still have obstacles to buying, insists leading estate agent

One of the country’s leading experts on the housing market says first time buyers are still hampered from purchasing homes despite...

01 June 2018

From: Breaking News

Wealthy older homeowners - pensioners are now better-off than ever

The average over-65 homeowner in Britain has seen her or his property wealth gain £159,000 – or £7,000 annually - in...

01 June 2018

From: Breaking News

Agents Do Charity - from front doors to wild gardens...

Hello and welcome to this week’s Agents Do Charity - and just because it’s half term, don’t think the industry has...

01 June 2018

From: Breaking News

Online 'merger' is really an acquisition by Emoov says TV Dragon James Caan

The so-called ‘merger’ of Emoov, Tepilo and a lettings firm is actually an acquisition by Emoov of the other two companies. That's...

31 May 2018

From: Breaking News

One click and it's sold - new platform allows 'instant' buy to let sales

A new online platform claims agents can now offer people a chance to buy a property with, literally, just one click...

31 May 2018

From: Breaking News

Top agent says corruption crackdown is deterring super-wealthy foreign buyers

One of London’s best known high-end estate agents, Gary Hersham, says corruption crackdowns in this country and overseas may be deterring...

31 May 2018

From: Breaking News

Daytime dogging is a myth (and other secrets of a good estate agency video)

Apologies for the eye-catching headline but it fits in well with an attention-grabbing video put together by property PR expert Jerry...

31 May 2018

From: Breaking News

Countrywide short-listed for 'best employee benefits' award

Countrywide is one of three organisations short-listed for a prestigious ‘Employee Benefits of the Year’ award. The award celebrates in-house staff benefits...

31 May 2018

From: Breaking News

ZPG's Hometrack sell-off gets green light from Aussie regulator

ZPG’s sell-off of the Australian arm of housing data company Hometrack to REA Group, a multinational digital firm specialising in portals and...

31 May 2018

From: Breaking News

New merged online agency said to be second only to Purplebricks

The long-awaited merger of Tepilo and Emoov is reported to have been confirmed this afternoon and in with them goes online lettings...

30 May 2018

From: Breaking News

Almost half of agency branches have listing agreements with OnTheMarket

Property portal OnTheMarket has announced that it now has listing agreements with over 8,500 estate and letting agency branches.  It says that...

30 May 2018

From: Breaking News

A seller’s market returns - demand rises as supply falls

The housing market has swung back in favour of property sellers, according to the latest data from estate agents. NAEA Propertymark's Housing...

30 May 2018

From: Breaking News

Bank of Mum and Dad remains open and contributes towards 25% of purchases

The Bank of Mum and Dad will provide funding towards around a quarter of property purchases this year, according to research. By...

30 May 2018

From: Breaking News

Recently-purchased Humberts announces new management structure

The new owner of Humberts has announced the new management structure of the rural estate agency which he bought out of...

30 May 2018

From: Breaking News

Asking price reductions on the rise as market loses momentum

Property sellers in the South of England are having to accept asking reductions in order to achieve a sale.  Data from Hometrack...

30 May 2018

From: Breaking News

Buyers are overpaying the stamp duty surcharge, says national agency

National estate agency Jackson-Stops claims that the 3% stamp duty surcharge on additional homes is still confusing buyers, despite being in...

29 May 2018

From: Breaking News

Housing association launches online agency with full-service option

A housing association has launched its own online agency which offers to sell vendors' homes for £275. Capsel Homes, based in Mamhilad,...

29 May 2018

From: Breaking News

GDPR Weekly: How often should you ask customers to update preferences?

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

29 May 2018

From: Breaking News

Portals' apathy for virtual viewings is stifling consumer engagement

A leading agent has urged major portals Rightmove, Zoopla and OnTheMarket to feature virtual viewings content more prominently on their platforms. Writing...

29 May 2018

From: Breaking News

Estate agent threatened with legal action over fundraising banners

An estate agency has been threatened with legal action by its local council for displaying fundraising event banners above its office. Country...

29 May 2018

From: Breaking News

Broken chains are biggest cause of fall throughs, costing buyers millions

Breakdowns within property chains are the most common cause of fall throughs, according to a new study. Over the last ten years,...

25 May 2018

From: Breaking News

Agent transaction solution to go 'global' after raising £3m

A PropTech startup which claims to revolutionise the speed at which property transactions can be processed has officially launched this week. When...

25 May 2018

From: Breaking News

Which occupation can afford the most homes in the UK's major cities?

A study of house price affordability has revealed that train drivers can afford a greater proportion of homes in the UK's...

25 May 2018

From: Breaking News

Sotheby’s International Realty launches first 'agent-branded' augmented reality app

Sotheby's International Realty has launched what it claims to be the first 'real estate-branded' augmented reality (AR) app. 'Curate', which is now...

25 May 2018

From: Breaking News

Agents Do Charity - on foot, by raffle and caked in mud

As we move towards another Bank Holiday Weekend, there is no shortage of phenomenal fundraising efforts from those in our industry.  If...

25 May 2018

From: Breaking News

Average house prices fall in all but one English region

Average property prices fell in all but one English region during March, according to the latest official UK House Price Index. Overall,...

24 May 2018

From: Breaking News

Cash trolleys, Porsches and pampering - buyers' desperate acts revealed

To demonstrate the lengths some buyers will go to make sure their offer is accepted, NAEA Propertymark has asked its agent...

24 May 2018

From: Breaking News

ZPG sale to US tech firm expected to complete next quarter

Zoopla Property Group (ZPG) has confirmed that it expects its sale to Silver Lake to complete in Q3 2018. As part of...

24 May 2018

From: Breaking News

Hunters opens Mid Wales office as it continues expanding west

National franchise agency Hunters has announced the opening of its latest branch in the Welsh town of Llandrindod Wells. The agency's third...

24 May 2018

From: Breaking News

'Perfect storm' for agents involved in retirement housing sales

The retirement housing sector has increased its market share considerably in the last two years, creating a 'perfect storm' for estate...

24 May 2018

From: Breaking News

Top agent continues media fightback and needs your heroic stories

Respected industry spokesperson Kristjan Byfield is continuing his fightback against the negative coverage of the agency industry in the mainstream press...

23 May 2018

From: Breaking News

London vs the rest of the UK - first-time buyers spending double

Average first-time buyers in London spend double the amount paid by those across the rest of Britain. A typical London buyer now...

23 May 2018

From: Breaking News

PropTech Today: Letting my flat – who won, tech or traditional?

Well last week was interesting. The column about my decision to put the property on with a letting agent went viral.  This was...

23 May 2018

From: Breaking News

Property listings with video tours receive 'hundreds more views' – claim

An estate agent claims that online property listings which include video tours receive 'hundreds more views' than those without. Dan Killeen of...

23 May 2018

From: Breaking News

Confidence is returning to the housing market, says Zoopla

Research by Zoopla suggests that homeowners' confidence in the property market is on the rise.  The property website's latest Housing Market Sentiment...

23 May 2018

From: Breaking News

'Business as usual' for Humberts following sale to luxury holiday firm

It will be 'business as usual' for Humberts following the announcement of its sale to Natural Retreats, says the agency's new...

22 May 2018

From: Breaking News

Which hybrid agents and PropTech firms made the top 100 startups list?

Two online agents and a number of PropTech companies have been named in startups.co.uk's Startups 100 index. Coming in at number 64...

22 May 2018

From: Breaking News

GDPR Weekly: Granular and delineated databases explained

Coming into force on May 25, the General Data Protection Regulation (GDPR) - which replaces the Data Protection Act 1998 -...

22 May 2018

From: Breaking News

Conveyancers counter claim of a stagnant housing market

Despite numerous reports of a 'stagnant market' and predictions of a 'housing bust', conveyancers have 'bounced back after a disappointing end...

22 May 2018

From: Breaking News

Sellers cash in as buyers are increasingly willing to pay above asking price

Property sellers in Scotland are profiting from buyers' willingness to pay above asking price for a home.  This is according to portal...

22 May 2018

From: Breaking News

Humberts purchaser revealed as Natural Retreats

It has today been announced that the Natural Retreats group has purchased Humberts. The entirety of Humberts has been included in the...

21 May 2018

From: Breaking News

Asking prices at an all-time high, but sales have dipped - Rightmove

The latest data from Rightmove indicates that the average national asking price has reached another all-time high of £308,075 following a...

21 May 2018

From: Breaking News

High street agents come out fighting against online threat

Two high street estate agents have used the medium of the local press to come out fighting against the threat of...

21 May 2018

From: Breaking News

Reapit increases market dominance with latest acquisition

Reapit has announced the acquisition of Resource Techniques in a bid to strengthen its position in the agency software market. Resource Techniques,...

21 May 2018

From: Breaking News

Property Jobs Today – this week’s movers and shakers revealed

Welcome back to Property Jobs Today - EAT's weekly roundup of all the big moves going on in our industry. If you...

21 May 2018

From: Breaking News

New land tax has huge impact on average house prices

The introduction of the Land Transaction Tax (LTT) to replace stamp duty in Wales has had a significant impact on house...

21 May 2018

From: Breaking News

Revealed - How portals and Purplebricks outperform high street agencies

A study of estate agencies and portals floated on the London Stock Exchange suggests that digital companies have shown much better...

18 May 2018

From: Breaking News

Century 21 UK slashes franchise price from £23,500 to £1,000

Century 21 UK is slashing the cost of becoming a franchisee for a six week period, cutting the price from £23,500...

18 May 2018

From: Breaking News

Crisis? What crisis? London agents' success stories defy market

High-end London chain Marsh & Parsons, part of the LSL Property Services empire, has opened in 30th office in Chiswick.  “Chiswick’s wonderful...

18 May 2018

From: Breaking News

Help To Buy equity loan users told to beware of falling house prices

Consumer body Which? is warning that those who used the Help To Buy equity loan to purchase their homes could face...

18 May 2018

From: Breaking News

Agents Do Charity - from Torbay to Malawi and all places in between

Our industry does great work for good causes not just in this country but around the world, as this week’s Agents...

18 May 2018

From: Breaking News

Worth a cool £16m - the teenager running an online agency

Akshay Ruparelia, the teenager who set up the Doorsteps online estate agency only 18 months ago, is now reported to be...

17 May 2018

From: Breaking News

Foxtons gives very gloomy trading update for sales and lettings

Foxtons has this morning given a gloomy trading update to the City and shareholders. In a statement issued at 7am it says:...

17 May 2018

From: Breaking News

Ombudsman: fewer complaints about sales but lettings disputes soar

The Property Ombudsman has issued its annual report for 2017 and there’s good news for the estate agency side of the...

17 May 2018

From: Breaking News

Corruption crackdown: RICS wants members to sign honesty pledge

The Royal Institution of Chartered Surveyors is consulting members on the creation of a personal statement which they must sign to...

17 May 2018

From: Breaking News

Double whammy! Two top Property Press Awards for EAT's editor

Graham Norwood has scooped two accolades in the prestigious Property Press Awards for his work on Estate Agent Today and Letting...

17 May 2018

From: Breaking News

Foreign buyers may shun UK because of tax changes - claim

A new report suggests Capital Gains Tax changes coming into effect next year are worrying a large majority of wealthy overseas...

17 May 2018

From: Breaking News

Fraudulent sellers: solicitors must pay but should agents improve checks?

The Court of Appeal has overturned controversial fraud decisions which have a bearing on agents’ and conveyancers’ responsibilities for checking buyers’...

16 May 2018

From: Breaking News

Brexit worries 'putting a hold on buying' warns agency chief

The chief executive of Winkworth says the upcoming Brexit is creating uncertainty and causing buyers and investors to delay purchasing plans. Dominic Agace,...

16 May 2018

From: Breaking News

 PropTech Today: Selling my flat - even tech can’t help a quiet market

That’s it. I’ve given up. The lull has continued and it’s becoming quite a bore.  The price drop hasn’t worked. The revamped...

16 May 2018

From: Breaking News

Viewber expands offer by teaming up with keyholding service

Outsourced viewing operator Viewber is expanding its offer to agents by forming what it calls “a close technical cooperation” with keyholding...

16 May 2018

From: Breaking News

Remortgaging surge is another sign of slowing housing market

A service that tracks different types of mortgage demand reveals that remortgaging is on the rise while borrowing for new purchases...

16 May 2018

From: Breaking News

Utter Madness! - recruitment chief slams inflexible agencies

The chief of the UK’s longest-established estate agency recruitment consultancy has described the inflexibility of the industry towards people returning to...

15 May 2018

From: Breaking News

Going green: Agent sells car and instead walks and cycles everywhere

Estate agents don’t necessarily have the most eco-friendly image as an industry - but here’s one who’s really making a statement...

15 May 2018

From: Breaking News

GDPR Weekly: Do you need consent when taking customer details?

Coming into force on May 25, the General Data Protection Regulation (GDPR) - which replaces the Data Protection Act 1998 -...

15 May 2018

From: Breaking News

Pssst! Derek! Now you can get your home marketed for free...

Online estate agencies are the centre of attention right now - but one of them seems to be seeking publicity in...

15 May 2018

From: Breaking News

New infrastructure tax - if it happens, will it hit house prices?

It went largely unreported when news broke last week but now the suggestion that home owners should pay a surcharge if...

15 May 2018

From: Breaking News

A revolution: 'Local agents may not survive much into next decade'

The prospect of technology transforming the selling and buying process, including more power for portals and especially online agents, dominated parts...

14 May 2018

From: Breaking News

Sellers losing thousands because of fall-throughs says group

One in five sellers suffer a fall-through costing them an average £2,700 - but many lose £5,000 or more. These are the...

14 May 2018

From: Breaking News

Property Jobs Today - and it's a bumper week for moves...

Hello and welcome to this week’s Property Jobs Today, our weekly feature on who’s moving where throughout our industry. And it’s...

14 May 2018

From: Breaking News

More London gloom as agency reports further price falls

Another high end estate agency is reporting difficulties in the London market with Knight Frank saying prices are down in both...

14 May 2018

From: Breaking News

Locked out: agent says stock shortage stops buyers buying

New data from Haart estate agency suggests that despite many homes sticking on the market, apparently would be buyers are locked...

14 May 2018

From: Breaking News

ZPG shares rocket 30% on news of sale to US tech firm

ZPG shares have rocketed up in value by 30 per cent this morning on the back of a £2.2 billion bid...

11 May 2018

From: Breaking News

Zoopla to be sold to US technology funds company

There's been a shock announcement that ZPG - operator of Zoopla, PrimeLocation and Hometrack, as well as uSwitch - has accepted a £2.2...

11 May 2018

From: Breaking News

Stand by - new wave of Purplebricks adverts on the way

Purplebricks is reported to have hired a new advertising agency to handle a “multi million pound” media campaign. The advertising industry weekly...

11 May 2018

From: Breaking News

Estate agency comparison site to advertise on TV

GetAgent, an estate agent comparison website, has won investment from a growth fund that also provides a 10 month advertising campaign on...

11 May 2018

From: Breaking News

Top Man! Mike Day celebrates 15 years as leading consultant

Mike Day, one of the best known and most popular figures in the agency business, is celebrating 15 years as one...

11 May 2018

From: Breaking News

Humberts sale ‘being agreed’ - but no name yet

 Humberts says it has settled on a buyer after receiving several offers for the troubled agency - although it has delayed identifying...

11 May 2018

From: Breaking News

Good news as mortgage arrears plummet to record low

The housing market may have seen some depressing figures of late but there’s good news about mortgage arrears - they’re at...

11 May 2018

From: Breaking News

Agents Do Charity - the Willy Wonka edition...

Hello and welcome to this week’s celebration of the industry’s fund-raising activities. Remember it’s easy to get publicity and additional support for...

11 May 2018

From: Breaking News

Channel 4 link to possible Emoov and Tepilo merger

Sky News says online estate agents Emoov and Tepilo are in talks about a ‎merger - and if it happens the...

10 May 2018

From: Breaking News

Sigh of relief as interest rate rise put off for now

The Bank of England’s Monetary Policy Committee has decided to keep the base rate unchanged at 0.5 per cent this month. The...

10 May 2018

From: Breaking News

OnTheMarket - Is it now taking aim at Rightmove?

An online question-and-answer article with OnTheMarket chief executive Ian Springett has suggested that its focus of criticism may be shifting from...

10 May 2018

From: Breaking News

Going down - prime London at risk of another 5% price fall

Strutt & Parker has repeated its warning that the market in prime central London could see a typical house price fall...

10 May 2018

From: Breaking News

Countrywide not in a rush to get a new chief executive

Countrywide is in no rush to appoint a new chief executive, following the experience of having Alison Platt in the post...

10 May 2018

From: Breaking News

Goldman Sachs pours millions into mortgage Tech project

Trussle, which describes itself as the UK’s first online mortgage broker, has won £13.6m in financing from international investors led by...

10 May 2018

From: Breaking News

A dreary housing market? Not for this auctioneer...

Recent figures from the mainstream housing market may suggest a disappointing performance so far this year but Auction House, the UK’s...

10 May 2018

From: Breaking News

Major estate agencies in secret project to try to end delays in chains

Estate Agent Today understands several major national agencies and some smaller operators are involved in a project to understand why transaction...

09 May 2018

From: Breaking News

Shock 3.1% house price drop 'but reality is more stable' insists the Halifax

House prices in the three months to the end of April were 2.2 per cent higher than in the same period...

09 May 2018

From: Breaking News

The Split - Agency sets up team to handle divorcing clients

London-focussed Buying agency Black Brick has launched a specialist service to cater for divorcing couples. The company - increasingly regarded by some...

09 May 2018

From: Breaking News

PropTech Today: UK PropTech Awards 2018 - the winners

There is a lull in my imminent flat sale. Just no activity at all, despite a price reduction!  So, I am forced...

09 May 2018

From: Breaking News

London's Marsh & Parsons names new CEO taking over from today

David Brown, the chief executive of London high-end agency Marsh & Parsons, is retiring with immediate effect.  The news came through late...

09 May 2018

From: Breaking News

Buyers need more help to get the best mortgage deal, says FCA

The Financial Conduct Authority says house buyers need more help to find the best priced and most appropriate mortgage deal for their...

09 May 2018

From: Breaking News

Countrywide chief says: We're not ruling out online forever

Countrywide’s Group Operations Director Paul Creffield - one of three figures now at the top of the organisation - says he...

08 May 2018

From: Breaking News

Online agencies grab more market share in past four months says analyst

One of the world’s leading agency and PropTech analysts says the race is on for who comes second in the UK’s...

08 May 2018

From: Breaking News

GDPR Weekly: Best practice for gaining consent

Coming into force on May 25, the General Data Protection Regulation (GDPR) - which replaces the Data Protection Act 1998 -...

08 May 2018

From: Breaking News

Humberts expected to name buyer of troubled agency in next 48 hours

Estate Agent Today understands that Humberts will announce a possible buyer of some of its agency activities this week - on...

08 May 2018

From: Breaking News

£1m sales up but Brexit may be deterring buyers says Lloyd’s Bank

New data from a private bank shows a five per cent rise in the number of £1m-plus homes sold in 2017.  The...

08 May 2018

From: Breaking News

Exclusive: UK estate agent fees 'are the lowest in the world'

Here’s some good news to take into the Bank Holiday weekend.  Research undertaken by Estate Agent Today suggests that fees charged by...

04 May 2018

From: Breaking News

Social media 'may be better than reviews to assess some estate agents'

Emoov founder Russell Quirk says that in some cases social media might give a more accurate picture of an estate agency’s...

04 May 2018

From: Breaking News

Portals: OTM links with Reapit, while ZPG gets boost for MoveIT tool

OnTheMarket has announced that industry software company Reapit is introducing a real time data feed for its clients to upload their properties...

04 May 2018

From: Breaking News

Estate agency adverts rank high in 'most complained about' league table

The annual report from the Advertising Standards Authority and the Committees of Advertising Practice, out today, shows that the estate and...

04 May 2018

From: Breaking News

Keep promise over leasehold reform, new Housing Secretary is urged

A leasehold reform campaigner has called on the government to ensure it publishes its report on leasehold reform before the summer recess at...

04 May 2018

From: Breaking News

Agents Do Charity - on a sunny Bank Holiday weekend...

Hello and welcome to our latest chronicle of fund-raising exploits by our industry: the onset of fine weather and the Bank...

04 May 2018

From: Breaking News

Purplebricks: ‘We want to grow our business model around the world’

The UK chief executive of Purplebricks says his company has ambitions to roll out its business model all over the world. Lee...

03 May 2018

From: Breaking News

allAgents to relaunch portal - and is set to exclude Purplebricks

Review service allAgents has relaunched its property portal, saying it may become an agent-owned service and pledging to turn it into...

03 May 2018

From: Breaking News

Group of south east estate agencies rebranded under just one name

Several agencies operating under different brand names in south east England have been retitled under just one, called Alexander & Co.  This...

03 May 2018

From: Breaking News