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Here is today’s Breaking News from the estate agency world. Join the debate by leaving a comment below a story - you will need to be logged-in to do this.

Breaking News

Analysis of Rightmove data shows UK's slowest housing markets

An analysis of homes listed for sale on Rightmove has identified what one estate agency claims to be the slowest-moving local property markets in the UK. They...

Ex-Countrywide ex-Connells technology guru lands new role

One of the estate agency industry’s leading technology figures has been appointed to a key role in a major global property consultancy. Alex Bailes is to become head...

New on Estate Agent Today: more information, easier to navigate

You may have noticed some subtle changes to Estate Agent Today in recent weeks, aimed at improving the ‘user experience’ we offer to readers. Firstly on each...

Retired homeowners' property wealth hits yet another high

Total property wealth owned by over-65s who have paid off their mortgages grew to a new record high of £1.072 trillion in February. More than £7.66 billion...

Annual house price inflation now at 6.2% says government

House prices in the UK increased by 6.2 per cent in the year to January according to government figures. The Office for National Statistics data shows the...

Doesn't anyone want to be an estate agent these days?

The number of residential sales vacancies registered with one industry personnel firm in the first quarter of 2017 has more than doubled compared to the same...

Expansions and acquisitions unveiled by franchise agencies

Hunters has boosted its office network over the 200 mark through the acquisition of Besley Hill, one of the longest established networks in the west of...

PropTech Today: Goodlord and Nested raise funding for second time

In a week that I am recovering from the exuberance of MIPIM (I didn't want to focus on it in this column but you can read...

Savills reports 'resilient' UK home sales despite Brexit jitters

Savills has revealed relatively strong figures for 2016 in its report to the City this morning, with group revenue up 13 per cent, pre-tax profit up...

Zoopla claims brand dominance over Rightmove is growing

New research conducted for ZPG claims that Zoopla’s ‘national spontaneous brand awareness’ is at an all-time high - with the gap over Rightmove at its biggest...

Competition and Markets Authority to review new-build warranties

The Competition and Markets Authority is to review the operation of new home structural warranties issued by the National House Building Council. Around 1.6m homes in the...

Independent agents say Purplebricks complaint 'purely a starting point'

The fledgling group claiming to represent independent estate and letting agents, CIELA, says it has lodged a complaint against Purplebricks with the Advertising Standards Authority -...

Multi-million investment for agency giving 'guaranteed price' to sellers

Nested, the chain-breaking estate agency that offers vendors a guaranteed sale of their property within 90 days, has secured a new funding injection totalling £8m.  The PropTech...

Prime London shows recovery at last, says investment firm

After a year of turbulence thanks to Brexit and the consequences of stamp duty changes, prime central London’s housing market appears to be recovering.  According to data...

Purplebricks whips up more publicity in viral Facebook entry

There’s been another flurry of publicity for Purplebricks following the posting of photographs and statements online by a blogger whose property was visited by one of...

New conveyancing software shows agents' and vendors' information

A software platform offering a hybrid conveyancing and compliance service to agents has been launched following 12 months of testing with a number of independent agents. The...

Women may be better agents than men claims industry guru Rawlings

Women may make better estate agents than men even though males dominate the sales sector, explains one of the industry’s most respected training experts, Richard Rawlings. He...

Survey shows website reviews are key for driving online agent leads

A survey of over 2,000 sellers who used online agency eMoov reveals that review websites were the overwhelmingly largest driver of business to the firm. eMoov says...

Foxtons: lavish praise from investment chiefs despite profits fall

Foxtons has received lavish praise from investment consultancy Jefferies despite long-term share price worries reflecting its mixed performance in the troubled London housing market. Earlier this month...

Bigger than expected asking price surge - but market still cooling

The average asking price rise for homes coming to the market in the last month has been a chunky 1.3 per cent - the same as...

Housing affordability? It's UN-affordability that is the problem...

Forget the popular term ‘housing affordability’ - the latest government figures suggest the real issue may be housing un-affordability. Data from the Office for National Statistics shows...

Public prejudice against online house sales is waning, insists agency

An online estate agency which says it could be the next Purplebricks says prejudice against internet property transactions is waning  “With Neil Woodford listing Purplebricks on the...

Clients of agency and mortgage firm asked to come forward

Former clients of a Scottish estate and letting agency and mortgage company are being asked by a corporate insolvency firm to come forward. The company is SJM...

Mortgage market 'almost at pre-credit crunch best' claims broker

The number and range of mortgages being offered in the UK has almost returned to its pre-credit crunch level. That’s the view of Matt Cassar, the managing...

Higher house prices mean fewer burglaries, insurance firm claims

New analysis shows what appears to be the correlation between rising house prices and falling burglary rates across the country.  The research, by Churchill Home Insurance, claims...

Agents Do Charity - the 'no U-turns here' edition ...

It’s been a week dominated by an embarrassing U-turn in political circles. But when it comes to fund-raising, agents aren’t for turning... Here are more exploits by...

Countrywide shares hit record low after bank downgrading

Swiss bank UBS has downgraded Countrywide’s status to ‘sell’ in a move which has prompted the troubled estate agency’s share price to tumble further on the...

Guilty - agent admits 76 offences involving thousands of pounds

An estate agent will be sentenced next month after pleading guilty to 76 fraud offences.   The Get Surrey website reports that Ayodele Oladuti, 29 - living in...

Strutt & Parker and French bank remain silent over acquisition talks

Both Strutt & Parker and the French bank BNP Paribas are declining to comment on speculation that the finance house is considering buying the agency.   We reported...

ESTAS reveals People's Award shortlist - are you on it?

The ESTAS has announced its final - and to some its most prestigious - shortlist for this year’s awards.     The People Awards, sponsored by leading software...

NAEA/ARLA Propertymark to advertise at Sky Sports events

Propertymark, the new brand umbrella for the National Association of Estate Agents and the Association of Residential Letting Agents, is to advertised its logo on perimeter...

French bank 'in talks to buy Strutt & Parker estate agency'

The Financial Times is reporting this afternoon that BNP Paribas, the largest bank in France, is in talks to acquire high-end estate agency Strutt & Parker.   The...

Senior Countrywide boss to head UK arm of US estate agency

One of Countrywide’s most senior management figures has become the managing director of the UK activities of US estate agency Keller Williams.   Ben Taylor was managing director of...

Conveyancers want 'log book' and 'home report' for each property

The Conveyancing Association wants the creation of a ‘log book’ and ‘Home Reports’ for each home on sale - reminiscent in principle to the ill-fated Home...

New industry recruitment firm offers phased-fees system

A new recruitment business for the property industry in general and agents in particular is offering a phased-fees system for clients - and a pledge to...

James Dearsley: A MIPIM startups update from Cannes

This week I’m lucky enough to be out here in Cannes as a PropTech Ambassador for MIPIM, the international real estate exhibition, conference and networking event. It’s...

Mortgages for buyers approach two-year low as market flattens

Data from the Council for Mortgage Lenders show that loans taken out by buyers have hit a near two-year low.   Home buyers borrowed £8.4 billion in January,...

Many first time buyers save for up to a decade for a deposit

Research from the consumer organisation Which? claims that first time buyers are typically saving for anything up to a decade for a deposit for a home.    In...

Agents must not ignore bad online reviews, urges social media guru

Agents who ignore critical reviews of their services do so at their peril as new figures reveal high levels of readership of review websites, according to...

Countrywide says merger expands agency's London network by a third

A new statement by Countrywide’s John D Wood & Co says its now-completed merger with Faron Sutaria has had the effect of expanding JDW’s London network...

Homes listed with agents on Mondays sell quickest, says Which?

Which Money? - part of the Which? consumer organisation - says its analysis of thousands of properties for sale suggests that those listed for the first...

Brexit and SDLT stifling prime sales, warns top buying agency

Property Vision, one of the country’s oldest and most respected buying agencies, has added its voice to those saying that stamp duty has stifled turnover in...

Another part of the UK prepares to scrap Right To Buy

Wales is the latest part of the UK to formally scrap the policy which was once the flagship of Margaret Thatcher’s housing policy - Right To...

Stamp duty surcharge rakes in twice as much revenue as expected

The government has admitted that the three per cent stamp duty surcharge has raked in twice as much as expected. In November 2015, five months before the...

Countrywide reveals annual cost of restructuring

Countrywide has revealed that in 2016 it spent over £8.1m on redundancies, some £7.4m on contract costs relating to closed premises, and over £2m on redesigning...

Only 11% of sellers think face-to-face contact with an agent is key

Only one in nine customers of estate agents regard face-to-face contact as the most important element of the process to determine who they will instruct to...

Glut of expansions for agents and property investment firm

Manchester-based sister firms Sequre Property Investment and Sequre International have extended their office space thanks rising demand for UK buy to let and Spanish property. Increasing their...

Transactions dip but house prices still growing says LSL

House prices grew at their fastest pace for 12 months in February, with average values increasing 0.6 per cent -  that’s double the rate in the...

Countrywide: £38m share placing may allow it to rival Purplebricks

Countrywide has successfully placed 21.6m shares to institutional investors at the competitive price of 175p per share - allowing it to raise around £37.8m, most of...

London lags behind as stock for sale increases across the UK

An assessment of new stock on sale through agents in February suggests a monthly rise in supply of 13.3 per cent across much of the UK...

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