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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

Belvoir reveals wish to merge with Property Franchise Group

Belvoir has announced that it has made an approach to The Property Franchise Group regarding a possible merger. In a statement to the City Belvoir said its...

Purplebricks says it's more transparent than almost any other agency

Purplebricks has told Estate Agent Today it is more open about its business than almost any other agency and stridently rejects criticism about its failure to publish numbers...

Estate agents just aren't ready for GDPR legislation, lawyers warn

The UK estate agency and construction industries are not ready for the huge workload and responsibilities involved in the General Data Protection Regulation legislation coming into...

Failed group for independent agents says it's not quite dead yet

The death throes of the Charter for Independent Estate and Letting Agents are continuing. A statement by software entrepreneur Charlie Wright, who has spent almost a year...

Win a home for £2 ... but pay 5% commission when you sell

A new online property competition platform has launched that gives entrants the opportunity to win a home for £2 - but if you sell through the...

Halloween - we want your blood-soaked photographs please...

You may think there are enough horror stories going around the agency industry and Britain as a whole right now - but we want some more,...

Purplebricks TV ads declared 'misleading' after complaint over fees

The Advertising Standards Authority has ruled that two TV advertisements for Purplebricks cannot be shown again in their current form because they are judged to be...

New analysis shows Purplebricks' massive domination of online sector

A long-standing traditional agent says the real success of online agencies is not their share of the market but that they have “re-written the sacred principle...

Interest rate rise on the cards after house price hikes fuel inflation

Analysts believe a rise in the Bank of England base rate is on the cards next month as a result of the latest inflation figures, which have been...

PropTech Today: Getting cosy with the winners MIPIM NYC winners

Last week was MIPIM PropTech Summit 2017 in New York, and it was the most oversubscribed to date - proof of the industry’s increasing appreciation of technological...

Agency beefs up south west presence with third office opening this year

Carter Jonas has opened a second office in the Wiltshire market town of Marlborough - and this is its third new south west branch to be...

Last chance for agents to shape the digital future of the industry

This is a final call for estate and letting agents to have a say on what may be one of the most important surveys of the...

Teenage online boss says his estate agency is already one of UK's biggest

The 19 year old boss of online agency Doorsteps claims that his website has sold £100m worth of homes, currently lists over 1,000 properties - and...

Connells in new ZPG deal as portal boss says more acquisitions to come

ZPG has announced that Connells is the latest major agency chain to sign a long-term deal with its portals Zoopla and PrimeLocation. As part of the new...

Sales of flats in London have collapsed 47% in one year, says agency

Estate agency James Pendleton says the sales of flats across London have collapsed 47 per cent in only a year - and it claims that at...

Theresa May's right hand man to address agency's forecast event

A man dubbed as Theresa May’s ‘brain’ when he worked in Downing Street has been invited to speak at the annual housing market forecast event run...

Call for auto-enrolment to help first time buyers save for deposits

Employers and government should introduce auto-enrolment of monthly salaries to allow people aged 18 to 40 to save for deposits on their first homes according to...

Government to hold housing summit tomorrow as it scrambles for ideas

It has been revealed that the beleaguered government of Theresa May is to hold a summit at 10 Downing Street tomorrow to address housing market issues. Speculation...

Asking prices show biggest October rise since 2014 says Rightmove

Asking prices have risen by an average of 1.1 per cent or £3,432 in the past month according to Rightmove.  This is the largest October rise since...

Transactions plummet 20 per cent in one year, says Your Move

Annual house price inflation is 1.3 per cent according to Your Move - even though prices dipped 0.1 per cent in the past month.  The average price...

Slow progress for crowdfund appeal to mount legal fight over Purplebricks

The crowdfunding appeal by review website AllAgents to mount possible legal action against Purplebricks appears to be making relatively slow progress. As of early this morning some...

New 'speed sharing' format for agents' national conference

The upcoming national conference for the Relocation Agent Network is introducing an innovative format for part of its agenda - speed sharing. There will be a series...

A new type of hybrid agency - with a high street touch-screen

A new firm has launched in Surrey describing itself as “the premium hybrid estate agency” with an innovative presence on the high street in the form...

'Put your home on market by Tuesday if you want to move by Christmas'

The HomeOwners’ Alliance says vendors must put their homes on the market no later than Tuesday if they are serious about selling by Christmas. Using its comparison site, the...

Agency removes listing from website after watchdog intervenes

London estate agency Residential Realtors removed a property listing from its website after a complaint to the Advertising Standards Authority. The property concerned was a four bedroom...

Search is on for PropTech Influencers of the Year

The UK PropTech Association and specialist property lending platform LendInvest have joined forces in the search for the PropTech world’s most influential people. The LendInvest PropTech Influencer...

Agents Do Charity - this week, mostly for children

There’s a particularly heart-warming theme to Agents Do Charity this week...several of our heroic industry figures are raising funds for children and young people. If you are undertaking...

Stamp Duty ‘could be linked to energy efficiency’ says minister

A minister has floated the idea that stamp duty could be reduced on homes where sellers have improved energy efficiency. Climate Change minister Claire Perry has told...

Speculation grows over Agents' Mutual float timetable

Agents’ Mutual is officially making no comment on the timetable for the company flotation but speculation within the industry is mounting that first moves will be...

Buyer enquiries and sales now flatter than any time since Brexit vote

The latest RICS market survey shows that buyer enquiries and transactions slipped back last month with expectations pointing to “a subdued near term outlook for both...

'Michael Bruce' chips in for AllAgents legal bid against Purplebricks

A donor with the name ‘Michael Bruce’ has contributed - at least a little - to a fighting fund for review site AllAgents to mount a...

Anti-money laundering: only 1 in 300 foreign deals triggers a 'red flag'

One one in every 300 property purchases by overseas buyers trigger a so-called ‘red flag’ with the National Crime Agency - and that’s a cause for...

Revealed: price per square metre variations in England and Wales

Homes in the most expensive area of England and Wales cost 25 times as much as in the cheapest area, according to Office for National Statistics. Its...

OnTheMarket emails suggest shares 'lock-in' is not compulsory

It appears that OnTheMarket member agents can, if they wish, opt out of the five year ‘lock in’ share agreement and - if they do -...

PropTech Today: Remember who you are dealing with

If an industry, which is going through a major change is going to truly implement change at every level, it must bring all of the people...

NAEA tells members to "just delete" fraud spam email

The National Association of Estate Agents is telling members to delete a spam email purporting to have been sent by the organisation. In a social media message...

Auctioneer bucks market and Brexit with improved business

Auction House says it has enjoyed a rise in its volume of lots sold this year, despite what it admits is “a more challenging selling environment.” The...

Rightmove names the UK's happiest place - and it's...

Leamington Spa in Warwickshire has been named as the happiest place to live in Great Britain in Rightmove’s 2017 Happy at Home Index. In second place is...

Fee-fixing: CMA sets out what agencies can and cannot do and say

The Competition and Markets Authority has set out precisely what agents and other companies can and cannot do in the event of any discussion about commercially...

Some mortgage costs rising already, anticipating base rate hikes

Respected mortgage market monitor Moneyfacts says that the costs of some mortgages are already rising in the expectation of a base rate hike, even though the...

Stamp duty reform at heart of NAEA's ideas for next month's Budget

Stamp duty reform lies at the heart of the submission by the National Association of Estate Agents ahead of next month’s Budget on November 22. Like other...

Homes that sell do so quicker than in 2012, says Rightmove

The housing market may appear sluggish at best in many areas but data from Rightmove suggests it’s now quicker to sell a home in the UK...

All you need to know about The ESTAS Conveyancer Awards

In just 10 days time on Friday week the inaugural ESTAS Conveyancer Awards take place.   The organisers have issued a ‘what you need to know’ about...

Management buy-out for Reapit with major new PropTech investment

After some months of speculation within the industry, high-profile supplier Reapit has confirmed today that it is the subject of a management buy out with the...

Prominent Tory wants stamp duty switched from buyers to sellers

Conservative MP John Stevenson is the latest to throw his weight behind switching the burden of stamp duty from the buyer to the seller. In recent weeks...

Agents - how are you coping with digital modernisation?

Angels Media and a property technology consultancy are joining forces to conduct the first-ever survey into how agents and other property professionals are handling the digital...

Countrywide HR chief to explain staff feedback and benefits policies

A senior figure in Countrywide’s management team is to explain the troubled group’s benefits policy to a conference of other employers. Neil Goodwin whose title is Head...

Agents upbeat after index shows unexpected house price rise

House prices across the UK have jumped by an average of 4.0 per cent in the year to September says the country's largest lender, the Halifax. This...

ZPG hits £1m referrals milestone with new tool for agents

ZPG says it has reached the milestone of delivering over £1m in referrals to its agents via its new MoveIt tool.  This provides agents with the opportunity to build supplier panels...

Upbeat survey shows big surge in volume of properties coming to market

An upbeat survey by online website HouseSimple claims there has been a 20 per cent increase in the number of homes coming to the market in...

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