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'Downward pressure on fees' blamed for estate agency closure

Ten jobs have been lost with the closure of a long-standing north of England estate agency - with the downward pressure on agents’ fees and the state of the housing market blamed for the move.

Allitt’s Estate Agents, with offices in Blackpool and Cleveleys, closed on Friday.

A company spokesman told the Blackpool Gazette: “It is of course with huge regret and sadness that we have had to take this difficult decision.

“The face of traditional estate agency has changed significantly in recent years and with that has come the downward pressure on estate agency fees. It was a difficult decision and we would like to thank our staff and customers for their support over the years.”

The firm, which also handled auctions, is a sister company of the Broomheads agency operating in the same area; that has been unaffected by Allitt’s closure.

You can see the local press story here.

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