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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.

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“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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