x
By using this website, you agree to our use of cookies to enhance your experience.
STAY CONNECTED!
    
newsletter-button

Lenny's  Personal Profile View my company profile

Lenny White
Lenny White
Director
5412  Profile Views

About Me

Passionate about my family and our local community. Active involvement in a variety of local committees, helping with the organising and running of annual local events and fundraisers.

my expertise in the industry

Involvement within commercial and residential property since 1993, residential sales & lettings, investment and development.

Lenny's Recent Activity

Lenny White
Unless Lloyds Banking Group have the power to turn centuries of archaic English Law, there's no amount of IT/IS streamlining that can make the conveyancing practice any quicker, or better.

From: Lenny White 12 March 2024 08:43 AM

Lenny White
The removal of the 3% on 2nd home ownership is, IMO, the only real change needed. Home movers are not concerned/prohibited, but renters... this is where the country needs help, we need more rental stock and the removal of the 3% will see an immediate and sustained boost to the dwindling supply.

From: Lenny White 15 November 2023 09:20 AM

Lenny White
Alternative headline: "House prices are not falling as fast as they were in 2009"

From: Lenny White 08 September 2023 08:03 AM

Lenny White
If you mean it, say it twice! :-)

From: Lenny White 24 May 2023 10:16 AM

Lenny White
Entrepreneurial spirit...boosting business?! That's the funniest headline I've seen in a while. I think that spirit left as Bruce shut the back door after cashing in his shares at the firm's peak. He must've known the writing was on the wall and didn't see it as a boomin' venture anymore. The situation is so similar to Tepilo with its amalgamation. The only believers in the online model are those already in it. Bon chance!

From: Lenny White 18 May 2023 09:10 AM

Lenny White
£1billion worth of homes/5,000 customers? Shouldn't you be using UK billion rather than US billion Marc?

From: Lenny White 20 April 2023 13:50 PM

Lenny White
Over the last five days the share value has dropped 22%

From: Lenny White 16 March 2023 10:00 AM

Lenny White
Ahem... Falling interest rates are a strong positive. Sure, they're higher than last year, but the rates have been insanely low for a decade. The fact that the rates have come down is a strong indicator that the Lenders have confidence in the finance market. Will Bank of England continue hiking the rates is the key, and six months ago speculators were talking about 5.5% to 6% levels, whereas today, there is anticipation that they will not go above 5%.

From: Lenny White 06 February 2023 11:45 AM

Lenny White
Thanking firms for reducing errors... I'm surprised there weren't fines for making false or erroneous entries. Imagine a world where estate agents were just 'thanked' for reducing their errors!! IMO - Conveyancing is just getting worse; exacerbated by the factory type outlets, which to many corporate type agencies and mortgage advisers like to promote for a few quid. Talking of which, I recently went through my own remo and was obligated by the Lender to use a specific solicitor. 7 months it took... om a remo!! Now why isn't this restricted selling?! Grrr...

From: Lenny White 10 January 2023 09:04 AM

Lenny White
"74 employees owed £794,904.87"

From: Lenny White 02 December 2022 13:55 PM

Lenny White
I guess HMRC's figures come from completion sales rather than SSTCs. Our pipeline is still running at a 15 week average...

From: Lenny White 24 October 2022 08:53 AM

Lenny White
Not sure how Homesearch would like this advertorial with a Spectre ad right below it!!

From: Lenny White 11 October 2022 11:37 AM

Lenny White
Pointless. The market is not on its knees.

From: Lenny White 22 September 2022 15:59 PM

Lenny White
.. and the moon will become round, says a leading astromoner

From: Lenny White 12 August 2022 10:44 AM

Lenny White
Can anyone explain why anyone would sell their property 'off-market'? Unless money is not an issue, there's no way a vendor selling off market can achieve a higher sale value than full market ... unless I'm missing something!

From: Lenny White 12 July 2022 08:54 AM

Lenny White
It seems a bit bizaar to me given ZPG's massive acquisition strategy and all the moaning we hear about Rightmove's arguable abuse of its market leading position that leaves most agencies without any capacity to negotiate their licensing fees. I may be wrong though, as I know nowt about either the two organisations in question. It may also be that the CMA may have looked at ZPG & Rightmove, then tucked their tails in between their legs and bolted into the blue yonder!

From: Lenny White 18 May 2022 16:01 PM

Lenny White
I'm pretty sure Foxtons and Chancellors (not sure about the others listed) were joint investors / creators of Boomin with Bruce, et al. An article saying they're one of the early subscribers is pretty poor and borderline misleading.

From: Lenny White 08 April 2022 09:45 AM

Lenny White
Clever Bruce to take on this debt just before their 'free listing' period ends. How the City fund managers see this as a positive investment is beyond me!

From: Lenny White 31 March 2022 13:00 PM

Lenny White
Yep, I think the majority of agents have been. It ain't rocket science. I also cannot think of a single sale ever falling through due to tenure, or Council tax. Conversely, I have a couple of sales (as ever) on the rocks due to massive delays and ineffiencies with the lawyers on both sides.

From: Lenny White 23 February 2022 10:46 AM

Lenny White
Not quite the Wolf of Wall Street, more like the Hamsters of Hampstead!!

From: Lenny White 17 February 2022 11:32 AM

Lenny White
I'll add that Boomin (& Bruce) have possibly realised that with the ridiculous demand and supply shortage agents don't need yet another 'Rightmove challenger', with another monthly bill to pay. Their product is superfluous...

From: Lenny White 07 February 2022 14:52 PM

Lenny White
The current market remains in flux as a direct result of the Government's last major intervention with the SDT holiday. What we need is a stable market which will only happen when the market is allowed to re-set itself and will then respond to other 'normal' market forces. Further Government intervention will exacerbate the issues and push the problems further down the line.

From: Lenny White 07 February 2022 14:48 PM

Lenny White
Should've saved that one for the 1st April!

From: Lenny White 30 December 2021 11:19 AM

Lenny White
I'm happy to be an expert fool... here's another tack, "An expert says that the shortage of housing stock is likely to continue into 2022; the best option for those planning a move is to do so now before the market prices surge another 5% over the next six months"

From: Lenny White 22 December 2021 09:49 AM

Lenny White
...and as for house price increase, this is basic, day 1 economics. The SDT holiday brought forward a huge percentage of future sellers, leaving the market short of normal vendors & a scewed market. This will level out as time moves, so supply will come back into line with demand - panic ye not, and thanks as ever to Gov.UK for its infinite wisdom

From: Lenny White 08 December 2021 10:14 AM

Lenny White
Hi Jack, I think the answer lies here, "Those refusing to comply will face a fine of £200 for a first offence, doubling on each subsequent offence up to a maximum of £6,400."

From: Lenny White 30 November 2021 08:59 AM

Lenny White
The SDT holiday, IMO, was not needed in the first place and has resulted in unsustainable workloads on solicitors, brokers and Lenders. The SDT distorted the market, creating a shortage of supply by incentivising future sellers to bring their sales forward. Lower costs to any product/investment will see demand increase, so the ensuing results after the last 12 months should not come as any surprise. The only thing that the SDT/Covid environment has proven is that our archaic English Law fails MASSIVELY to protect our consumer public. This is where reform is needed.

From: Lenny White 30 September 2021 10:40 AM

Lenny White
"Big winner" is the PG headline. No mention of the sub 60p current share value! Look's like the real analysts have quite the opposite view.

From: Lenny White 24 August 2021 10:37 AM

Lenny White
Fantastic news!!! Who needs a private rental market when the Banks, Insurance Houses and other Financial Institutions can take over the entire market.

From: Lenny White 23 August 2021 11:40 AM

Lenny White
They're almost providing the evidence to the CMA themselves!!!

From: Lenny White 30 July 2021 09:58 AM

Lenny White
No more shares to sell, no more £30mil TV campaigns!

From: Lenny White 09 April 2021 11:45 AM

Lenny White
The inadequacies of English Law have been there for years and have been highlighted in recent times. No amount of Gov.UK in tinkering with regulation of practise/procedure, or future implementation of Regulation of Property Agents (RopA) will have any impact. In a world of strong consumer protectionism, it is disgraceful and and embarrassing that our public are exposed to such inadequate, non-existent consumer protection.

From: Lenny White 31 March 2021 10:31 AM

Lenny White
Why 3 months? This just shifts the pressure on another 3 months with all the January and February buyers suddenly realising hope of saving £££s which they knew they wouldn't have been when offering. Surely a 4-6 week extension is all that's required as this would dilute the pressure of the legals and the logistics of the removal companies. Can we get some common sense at the top please?

From: Lenny White 24 February 2021 12:30 PM

Lenny White
Not Covid related, not homeschool related. The Government intervened (unnecessarily IMO) in the market back in July 2020 with the SDT incentive. Many future sellers decided to bring their sales forward to take advantage of the savings. These forward sellers are done and dusted now, leaving a vacuum of sellers. This will sort itself in time as the market stabilises in the aftermath

From: Lenny White 16 February 2021 09:55 AM

Lenny White
IMO the SDT holiday was given prematurely as it wasn't needed in my small corner of England and I'd rather see the back of it! Gov.UK played its hand too early and if a stimulus is actually needed as we go into the Spring market there's nowt they can offer. On the plus side, and following the UK/EU Trade Agreement, it's good to see the Banking sector returning to the 90%LTV market.

From: Lenny White 19 January 2021 16:07 PM

Lenny White
The SDT holiday wasn't needed in the first place where I work in High Wycombe. The market demand moved upwards in January 2020 after the election of a 'strong' majority government. The market activity after the first lockdown ended in May and June maintained this with figures across the board (vals/inst/viewings/sales) over-performing. Extending the SDT holiday just pushes the conveyancing blockage problem further down the line. I sincerely hope and would say is essential that the Government reinstate the original First Time SDT holiday. Failure here would cause significant adverse effects on market demand. Crucially, and what I am never hearing in the trade is the need for Government involvement/intervention with the Lenders who are crucifying the 10% first time buyer market (interest rates almost doubled) under the guise of risk protection. Does anyone know what, if anything, is being done here?

From: Lenny White 17 December 2020 12:12 PM

Lenny White
The situation will never change (peaks and troughs excepted) until England goes through a Land Reform Act to enable offer acceptance to be legally binding as it is in Scotland and as it is with property auctions in England. The amount of damage emotionally and financially to the consumer public would be unacceptable in any other market caused by falling chains and failed sales. It is an embarrassment to our legal system.

From: Lenny White 20 November 2020 10:39 AM

Lenny White
I can't see my firm subscribing just on the basis of the name itself. Are they trying to sell the company to 16 year olds? Call me a snob if you like but the name "Boomin" is conceptually poor and unprofessional.

From: Lenny White 18 November 2020 13:12 PM

Lenny White
How much are they going to charge for it?

From: Lenny White 22 October 2020 11:07 AM

Lenny White
Wouldn't investors surely be ultra cautious of a Michael Bruce offering given PB's performance?! Once bitten...

From: Lenny White 04 September 2020 18:24 PM

Lenny White
Good challenge! PB not misleading just a blatant lie.

From: Lenny White 22 July 2020 08:38 AM

Lenny White
Outrageous

From: Lenny White 20 July 2020 15:10 PM

Lenny White
As I've mentioned before SDT is a red herring. The Lenders need to free up the 90% loan to value finance; first time buyers are as ever the key to a sustainable market.

From: Lenny White 08 July 2020 10:24 AM

Lenny White
...and a legal system that protects the people. Ours is diabolical and an embarrassment.

From: Lenny White 01 July 2020 10:35 AM

Lenny White
The archaic English Law needs addressing before anything. Precedent upon precedent and deference to the Crown makes buying a property in England so much more problematic than in Scotland. No amount of regulation, or governance can take away the emotions and stresses exerted upon our industry by our public who we're trying to serve which leads justifiable and unjustifiable to disagreements and disputes.

From: Lenny White 01 July 2020 10:34 AM

Lenny White
I think Antony's forgotten about the Law of Supply & Demand with the comment "how can individual homeowners be sure they are achieving the best price". Property owners and agents have their views on value and when the property goes up for sale market forces then apply. Sure enough we know as agents that we can negotiate for a client but the margin of sold price variation will usually be quite small. I see the only threat of downward shift in pricing will come from (in)activity from our Banking sector, who are potentially, only 12 years after the 2008 crisis, will be holding the Nation to ransom by not freeing up finance to the essential 10% deposit FTB market. Thus affecting demand and thus Law of Supply and Demand kicks in...

From: Lenny White 22 June 2020 11:32 AM

Lenny White
Comedy genius!!

From: Lenny White 09 June 2020 10:08 AM

Lenny White
Hi Richard, I was reading the article as a whole, "The report has been submitted to ministers as they receive advice on how to revive the economy without compromising the nation’s health; agents’ offices, along with coffee shops and restaurants, were recognised as having high ‘multiplier’ effects, leading to the generation of work throughout the economy." I still don't see how bars and restaurants have any play in this what so ever.

From: Lenny White 22 April 2020 11:31 AM

Lenny White
What happened to Stay safe, Stay at home, Save lives? We're not out of the pandemic yet. I cannot understand any logic in having them re-opened yet. There's no downturn in the Covid-19 figures. Opening bars, restaurants, estate agency seems insane to me - other than to satisfy Landlord High Street rental income! Why is this being pushed?!

From: Lenny White 22 April 2020 10:50 AM

Lenny White
and Purplebricks now trading at 27p !!!

From: Lenny White 18 March 2020 10:52 AM

Lenny White
Legal reform would be key - too many awful solicitor firms targeting efficiency (cost saving) over service in an antiquated and ineffective vend/procurement process.

From: Lenny White 29 January 2020 12:55 PM

Lenny White
... and our mortgage broker will also use the same one - 3 separate AMLs for one transaction. Dic%^eads rule....

From: Lenny White 02 January 2020 15:03 PM

Lenny White
Is it 1st April?!!

From: Lenny White 03 December 2019 09:15 AM

Lenny White
Not overly sure why this is even important news. Just did a scroll through of Estate Agent Today's latest 50 headline news feeds and 7 of them hold the PB banner, providing 14% of all news coverage. Really?

From: Lenny White 28 June 2019 07:59 AM

Lenny White
Shame on Estate Agent Today with this skewed reporting. Count the number of criticisms from the online methodologists in comparison to the number of independant estate agents who have critised their largely corporate counterparts for the over valuing. Your headline is frankly ridiculous. Moments like these I reach for the unsubscribe button.

From: Lenny White 09 April 2019 09:39 AM

Lenny White
So was Hoover...

From: Lenny White 09 April 2019 09:27 AM

Lenny White
We've pulled out of a few sites like GetAgent, as they seem to do very little work for the 25% fee they charge agents. Other than potential SEO boosting I see little mileage in them

From: Lenny White 14 March 2019 09:20 AM

Lenny White
I wonder how many of those 1,200 read the Privacy Policy of Residential People... "The countries we disclose data information to....UK India Nigeria South Africa United Arab Emirates" Really? Why?

From: Lenny White 12 March 2019 09:08 AM

Lenny White
Advertorial..

From: Lenny White 25 January 2019 09:37 AM

Lenny White
Can Estate Agent Today run a survey on how many spam emails are received each week 0, less than 5, or more than 5, which have an invoice, CV to download (with or without a password)? I think the figures will be staggering and should give support to government lobbying from NAEA, FSB etc. The costs to some buisness must be huge. Given every facet of our lives is based on systems and IT why is there not a department solely (like Transport) for IT/IS?

From: Lenny White 13 December 2018 13:08 PM

Lenny White
Sadly in a chain with Doorsteps and after being told 9th November, "I will chase this up for yourself now" by one of the employees, I am still awaiting a reply. As with pretty much all online agents in chains, it's the traditional agents that do the leg work and it is becoming clear to all parties involved in these transactions that this is the case. Laughable about Ruparelia's "High Street is dying" claim too and a £1 advertising fee smacks of desperation for publicity!

From: Lenny White 19 November 2018 09:49 AM

Lenny White
I find local lawyers to be generally excellent and we (as a company) always receommend local lawyers. Sadly, many agents and mortgage brokers tend to refer (for a few quid) out of town conveyancers, who all to often lack the necessary experience and knowledge. This is when the transaction grinds to a halt. My message to the public is pay a bit more for a local lawyer and it will bring savings in the long run.

From: Lenny White 09 July 2018 13:28 PM

Lenny White
If you've only ever sold one property but it only sells on the third attempt, then the fall through rate is 66% - ouch!

From: Lenny White 10 April 2018 11:13 AM

Lenny White
Currently working to +/- 25% fall through rate and have been for two years. That is despite all too frequently doing the work of lazy agents - I nevermind, as I know who's going to be getting the re-sale!

From: Lenny White 10 April 2018 11:12 AM

Lenny White
I feel NAEA etc. should be lobbying against agents even having to carry out AMLs. We don't deal with any of the fiances. The brokers do, the lawyers to and they are true 'professionals' with their Royal Charters... Quite why a buyer has to provide AML's to their lawyer, their broker AND their estate agent is quite beyond me.

From: Lenny White 06 April 2018 15:11 PM

Lenny White
Frankly I'm bored of the coverage. There's too much press on this every week. Articles like this only add to its publicity (which I'm sure the banks/pension funds/fujnd managers all want) and undoubtedly raises its profile as more people follow the links to the feeds to take a look at what I can only presume (I can't be ar$ed to watch it) is an insulting video to the many thousands of excellent agents. Keep up the good work!!

From: Lenny White 13 February 2018 09:10 AM

Lenny White
I'm wondering... rather than the "Local" aspect what can GetAgent deduce from the "Expert" bit?!!!

From: Lenny White 27 September 2017 12:21 PM

Lenny White
The 'rise of the hybrid' - closest interpretation I have to this is that the online agency model is failing, or is set to fail, with a realisation that boots are needed on the ground locally!

From: Lenny White 20 July 2017 08:50 AM

Lenny White
The 'rise of the hybrid' - closest interpretation I have to this is that the online agency model is failing, or is set to fail, with a realisation that boots are needed on the ground locally!

From: Lenny White 20 July 2017 08:50 AM

Lenny White
Good to hear your agent's on the ball. The local one where I'm at hasn't a clue.

From: Lenny White 25 April 2017 14:54 PM

Lenny White
Do they validate/qualify offers?

From: Lenny White 25 April 2017 14:32 PM

Lenny White
Hi John, no stats I'm sorry to say, only what my gut tells from local activity.

From: Lenny White 25 April 2017 14:20 PM

Lenny White
The sale progression and fall throughs are unimageinable

From: Lenny White 25 April 2017 13:36 PM

Lenny White
The bubble will burst as soon as people realise that half our job (and often the hardest) is to deal with the sale progression and chain management. We have three sales going through at the moment with Purple£ricks and another 'online marketing tool' and they are hopeless. One of these did exchange recently, with the Purplebricks client left without their onward purchase secure... The cost for temporary accommodation = £,£££s more than paying low fee, with no client care/sale progression.

From: Lenny White 25 April 2017 09:11 AM

Lenny White
I'm sceptical. Every programme has a 'back-door'. The amount of corporate enterprise that gets hacked, not only Banks, continues to give me concern and I do not believe any system is 100% security safe. I would not bet my house on it!

From: Lenny White 19 April 2017 08:57 AM

Lenny White
Well that was a good joke to start the day off!! Spouting nonsense and probably trying to give confidence to concerned shareholders - PB's May peak at around £1.75 has slid down to £1.16 - a third of the value of the firm wiped out...

From: Lenny White 22 November 2016 09:19 AM

Breaking News
MovePal MovePal MovePal