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Countrywide takeover? Mystery firm considering a move, says report

A media report suggests a mystery ‘predator’ is attempting to acquire Countrywide.  The Daily Mail this morning, quoting unnamed “City sources,” says a...

19 August 2019

From: Breaking News

Stamp Duty chaos as new Chancellor denies he wants sellers to pay

If anyone thought a Boris Johnson government would be more decisive than Theresa May's when it came to housing policies, the last...

19 August 2019

From: Breaking News

Homes “stuck in the legal log-jam” reach five year high says Rightmove

Rightmove says the number of homes stuck in what it calls “the legal log jam” is at its highest for over...

19 August 2019

From: Breaking News

Property Jobs Today - all the late-summer moves in our industry...

Hello and welcome to the final PJT before September - yes that means summer is almost over.  Yet even during the holiday season...

19 August 2019

From: Breaking News

It's a fur cop: how a Zoopla listing landed a seller in court

Advertising on Zoopla is a must-have for most sellers but for Susan Tate in Anglesey it meant she ended up in...

19 August 2019

From: Breaking News

Brexit not deterring first time buyers - but mortgage length is soaring

Brexit is not deterring first time buyers this year according to an analysis by the Yorkshire Building Society. It says that despite...

19 August 2019

From: Breaking News

Purplebricks: an insider’s story of what it was REALLY like

A former Local Property Expert and manager at Purplebricks has gone on record to reveal what it was really like to work...

16 August 2019

From: Breaking News

Average exchange of contracts takes over five months - claim

A sales progression tool is urging property professionals and consumers alike to do more to speed up typical transaction times, and...

16 August 2019

From: Breaking News

Rawlings Roadshow pledges no-holds-barred inspiration for agents

Richard Rawlings’ annual roadshow opens on September 3 with the first of 17 stops across the UK, each giving a three...

16 August 2019

From: Breaking News

Here they are - the four regions where housing market slowdown is worst

The property website Home has identified the four regions of the UK where it says the current market slowdown is at...

16 August 2019

From: Breaking News

Agents Do Charity… A real credit to the industry

What a credit to the industry so many agents, surveyors and suppliers are: this week’s ADC shows the diverse range of...

16 August 2019

From: Breaking News

More portals needed to disrupt Rightmove and Zoopla says new rival

A free-to-list property portal says that contrary to opinion within parts of the agency industry, the more portals there are the...

15 August 2019

From: Breaking News

Tragedy as daughter of top industry supplier is found dead on holiday

The teenage daughter of the co-founder of telephone answering service Moneypenny has been found dead on holiday on Mallorca. Sky News reports...

15 August 2019

From: Breaking News

No Deal jitters batter housing market according to government figures

Average house prices in the UK increased by a mere 0.9 per cent in the year to June - the lowest...

15 August 2019

From: Breaking News

Millionaire online agency owner says: 'Don't worry about exam results'

Akshay Ruparelia, the 21 year old who founded the online agency Doorsteps while he was still in sixth form, has called for...

15 August 2019

From: Breaking News

Capital Crash: Some London prices 20% below 2014 peak, says top agency

Prime Central London’s average prices remain 20 per cent below their 2014 peak according to high end estate agency Strutt &...

15 August 2019

From: Breaking News

Off-market service launched in bid to combat sales slowdown

Prime London subscription-based property platform LonRes has launched an off-market service for its subscribers. It says that as transactions across prime London...

15 August 2019

From: Breaking News

Countrywide insider claims up to 250 branches may have closed

Countrywide’s branch closure programme, shrouded in secrecy even to shareholders, may have involved shutting 250 offices according to an insider. The individual...

14 August 2019

From: Breaking News

Some homes worth 44% less than in 2008 claims comparison service

Some homes in the UK are now worth 44 per cent less than they were a decade ago, claims the estate...

14 August 2019

From: Breaking News

Modern Method of Auction firm has sold 16,500 homes in a decade

iamproperty, parent company of IAMsold, says it now works with 2,500 estate agency branches nationwide and has sold over 16,500 properties...

14 August 2019

From: Breaking News

PropTech Today: three holiday books and why you might want to ignore them

This week, you find me in Italy. Now that we’ve entered that languid month of August, where all of real estate...

14 August 2019

From: Breaking News

Developer that offered its boss £75m asks the public what it thinks

Is this the ultimate in accountability or a desperate bid to win back public support for a company damaged by the...

14 August 2019

From: Breaking News

Council takes 50 working days to complete a search

A London council admits that it typically takes 50 working days for a search - which means a Local Land Charge...

13 August 2019

From: Breaking News

Agents slammed for “exaggerated valuations” and “disservice” to sellers

Estate agents have collectively been fiercely criticised for allegedly exaggerating valuations to win instructions, doing a disservice to vendors and not...

13 August 2019

From: Breaking News

Independent agency extends patch by acquiring nearby firm

A Leicestershire estate and lettings agent has expanded after buying Barrow Upon Soar-based Strawberry Lettings and Sales.  Berkley Estate & Letting Agents...

13 August 2019

From: Breaking News

Agents say ‘staged’ homes sell three times faster - report

A property industry trade body claims 85 per cent of agents believes a ‘staged’ property sells three times faster than a...

13 August 2019

From: Breaking News

Online agency says first time buyers no worse off than a generation ago

An online agency has struck out against the conventional wisdom that it’s tougher than ever before for first time buyers to...

13 August 2019

From: Breaking News

OnTheMarket founder Savills ‘no comment’ on future return to Zoopla

Savills says it’s not commenting on whether it will list on Zoopla in the future. Last week Knight Frank - which in...

12 August 2019

From: Breaking News

Crowdfunding site used by agents claims “it’s business as usual”

A newspaper claims that a crowdfunding site used by some estate agencies and other property industry companies has suspended trading on...

12 August 2019

From: Breaking News

Property Jobs Today - the industry's latest moves and appointments

Yes it’s Monday, so it’s another edition of PJT, your guide to the key moves and changes in the agency and...

12 August 2019

From: Breaking News

Regulation of agents: government still pondering next steps

There’s been only a vague government response to the recommendations for an estate and lettings agency regulator. Last month the Regulation of...

12 August 2019

From: Breaking News

Big jump in repossessions but lenders try to calm market fears

The number of owners' properties being repossessed jumped 15 per cent year on year in the second quarter of 2019. There were...

12 August 2019

From: Breaking News

Online agents undervalued, underpaid and 'not really self-employed' - guru

One of the most experienced and high profile figures in the industry says individual agents working for online companies are typically...

09 August 2019

From: Breaking News

Brexit worries mean Savills’ UK residential profits plunge 44%

Savills, once a safe bet for year-on-year growth, has seen its underlying UK residential profits plunge 44 per cent with economic...

09 August 2019

From: Breaking News

PropTech: Zoopla claims massive surge in number of app users

Zoopla claims its new app has a huge level of what it calls “user engagement” within a month of launching. It’s hit...

09 August 2019

From: Breaking News

Buyers advised to check charges and clauses in retirement schemes

A retirement development specialist is warning buyers on such schemes to beware unexpected clauses or restrictions which they may not have...

09 August 2019

From: Breaking News

Agents Do Charity - come rain, come sunshine, come storm

A distinctly autumnal storm seems to be gripping the UK for the early part of the weekend but as ever, nothing...

09 August 2019

From: Breaking News

OnTheMarket founder agency returns to Zoopla after five years

One of the agencies most active in the creation of OnTheMarket is trialling a return to listing on Zoopla after an...

08 August 2019

From: Breaking News

Index claims house prices rose six per cent in ONE month alone

A new house price index that in June predicted big house price rises over the summer has now repeated its claim,...

08 August 2019

From: Breaking News

Good News: Agents’ fees not considered a key worry for consumers

One of the largest surveys of housing concerns amongst consumers suggests that agents fees - once a major issue - is...

08 August 2019

From: Breaking News

Buyer must explain how she bought six properties worth £3.2m

A Northern Irish woman with suspected links to serious organised crime has been ordered to explain how she financed the purchase...

08 August 2019

From: Breaking News

Halifax dismisses rumours of a housing market downturn

House prices fell unexpectedly for the second month in a row in July according to the Halifax - but the mortgage...

08 August 2019

From: Breaking News

Gloomy outlook for prices and sales volumes in latest RICS report

The latest survey from the Royal Institution of Chartered Surveyors suggests that last month’s optimistic assessment of the housing market has...

08 August 2019

From: Breaking News

Zoopla tool will capture leads from Facebook and Instagram

Zoopla is mining data from users of its website to target sellers on Facebook and Instagram, producing leads and making it unnecessary for agencies to...

07 August 2019

From: Breaking News

Treasury grabs record Capital Gains Tax after buy to let sell-off

A record £8.2 billion was paid in Capital Gains Tax in 2017/18 - over £1 billion more than the year before.  The...

07 August 2019

From: Breaking News

PropTech Today: why are the wrong people driving our innovation agenda?

I wrote last week about Keller Williams and how their leader, Gary Keller, is doing an admirable job of driving innovation through...

07 August 2019

From: Breaking News

Stamp duty uncertainty could bring market ‘to a grinding halt’ says online boss

Speculation surrounding whether Boris Johnson will honour his pledge to reduce stamp duty risks bringing the housing market “to a grinding...

07 August 2019

From: Breaking News

Boris Johnson urged to legislate against tiny ‘Hobbit Homes’

A leading figure in urban design is urging new Prime Minister Boris Johnson to stand up for the pioneering space standards...

07 August 2019

From: Breaking News

Property Tax reform - don't stop at stamp duty, Boris Johnson urged

Prime Minister Boris Johnson has been urged to go further with property tax reform and not just stop at reducing stamp...

06 August 2019

From: Breaking News

London alarm - more price and supply problems hit prime areas

Despite optimistic reports on prime London’s housing performance from some sources in recent weeks, figures from subscription service LonRes paint a...

06 August 2019

From: Breaking News

Agent strikes out from Knight Frank to set up her own consultancy

An agent working at the buying arm of Knight Frank, The Buying Solution, is striking out to set up her own...

06 August 2019

From: Breaking News

Franchise brand opens new office - 20 years after launching its first

The owners of four branches of a franchise agency in Berkshire have launched a new office in the county, just over...

06 August 2019

From: Breaking News

Women priced out of buying and renting in much of England - claim

Rising house prices and the gender pay gap means that there is no English region where a single woman on median...

06 August 2019

From: Breaking News

Stamp Duty cut could create 40% more transactions, says new analysis

A new analysis of stamp duty suggests that a cut of around a third in SDLT could produce a 40 per...

05 August 2019

From: Breaking News

Agent performance and house valuations revealed by new PropTech tool

A PropTech start up says its new free tool allows prospective sellers and buyers to get an automated valuation of their...

05 August 2019

From: Breaking News

Property Jobs Today - your weekly update on who’s moving where

Hello and welcome to PJT, breaking you in to the working week every Monday with news of the movers and shakers...

05 August 2019

From: Breaking News

New Regulator: Countrywide welcomes reform but warns it’ll be tough

Countrywide has thrown its weight behind the proposals for a new single industry-wide regulator taking on the roles of Trading Standards...

05 August 2019

From: Breaking News

Searches delayed by council IT issues but no total shutdown

A local authority that last week warned that it could not provide any local searches for over six weeks has now...

05 August 2019

From: Breaking News

Viewber now undertakes viewings for over 50% of auction houses

Outsourced viewings firm Viewber now handles viewings for more than 50 per cent of all UK auctioneers. The claim is from Essential...

05 August 2019

From: Breaking News

Ex-Countrywide complainers ‘betray those who stayed loyal’ - claim

Former Countrywide employees who take to social media or the mainstream press to criticise the company are betraying those who remained...

02 August 2019

From: Breaking News

Stamp Duty campaign hots up: top bank wants incentive for downsizers

A report by Santander says stamp duty cuts should be used as incentives for older home owners to downsize and allow...

02 August 2019

From: Breaking News

Connells repeats claim to be UK's most successful estate agency

Connells Group has repeated its claim, made in recent months in the light of trading figures, that it is now the...

02 August 2019

From: Breaking News

Revealed: local housing markets to be hit most when Help To Buy ends

New research has identified those local housing market potentially worst hit by the planned changes to Help To Buy in 2021,...

02 August 2019

From: Breaking News

Brexit: Deal or No Deal could hit base rate and then mortgage costs

The Bank of England’s monetary policy committee - which meets monthly to set the base rate on which the costs of...

02 August 2019

From: Breaking News

Agents Do Charity - sleeping over and bowling overs…

It’s another Friday so it’s another Agents Do Charity - of course! It’s August and the height of the holidays but as...

02 August 2019

From: Breaking News

Online agents face new guidelines as advertising complaints rocket

The Advertising Standards Authority has issued a guidance note warning online estate agents, after complaints about them have “grown dramatically”. “Property is big...

01 August 2019

From: Breaking News

Countrywide branch closure programme explained - but no figures

Countrywide has told Estate Agent Today that it will not be releasing any figures on the branch closure programme it introduced...

01 August 2019

From: Breaking News

PropTech Pioneers: agents can join WhatsApp lead-response project

Estate and letting agents will for the first time be able to use WhatsApp to respond to leads on a 24/7...

01 August 2019

From: Breaking News

EweMove bucks downward hybrid trend by increasing revenue

After months of difficulties and closures for many online and hybrid estate agencies, EweMove claims to have bucked the trend. In a...

01 August 2019

From: Breaking News

Brexit and stamp duty uncertainties hitting the market, say agents

Seemingly-endless uncertainty over Brexit and now speculation over whether there will be an easing of stamp duty on transactions is making...

01 August 2019

From: Breaking News

Homes sell for 96 per cent of asking price in England and Wales

Sellers across England and Wales achieve an average 95.94 per cent of their asking price according to research from estate agency...

01 August 2019

From: Breaking News

Countrywide wins new deal with lenders to continue ‘turnaround plan’

In a trading statement this morning, Countrywide says it has “a new covenant package with lenders provides the financial flexibility to...

31 July 2019

From: Breaking News

Connells says it's UK's most successful estate agent despite profits dip

Connells Group has this morning announced a profits dip for the first six months of the year.  Its pre-tax profits were £26.2m...

31 July 2019

From: Breaking News

OnTheMarket offering more shares to long-term agency sign-ups

OnTheMarket has applied to the London Stock Exchange for the release of over a million new shares to agents who have...

31 July 2019

From: Breaking News

Agents beware as council cannot take search queries for six weeks

A local authority in the Home Counties says it will not be possible to accept search queries for six weeks starting...

31 July 2019

From: Breaking News

PropTech Today: Keller Williams proves transformation comes from the top

Keller Williams continues to drive culture, mentality, and process transformation by partnering with DocuSign to enable electronic signatures. It’s another lesson in...

31 July 2019

From: Breaking News

Prime Central London housing gloom may be lifting at last

There may be signs that the gloomy housing market which has hit Prime Central London for some years may finally be...

31 July 2019

From: Breaking News

easyProperty acquired by firm with backing of Stelios Haji-Ioannou

Online estate agency EasyProperty has been acquired by a firm with the backing of Sir Stelios Haji-Ioannou. easyProperty has been sold by the eProp...

30 July 2019

From: Breaking News

OnTheMarket boss tells agents not to increase Rightmove exec bonuses

A note sent out by OnTheMarket chief executive Ian Springett has suggested that the way estate agents work may directly lead...

30 July 2019

From: Breaking News

Branch closures boost profits at Your Move and Reeds Rains

LSL Property Services, parent firm of Your Move and Reeds Rains, says the company’s branch closure programme was a success with profits...

30 July 2019

From: Breaking News

Boris Johnson’s stamp duty chatter could paralyse market - fear

Housing experts have expressed their concerns that speculation about a radical stamp duty reduction to be introduced by Boris Johnson’s government...

30 July 2019

From: Breaking News

Supply dips but housing market stronger than expected say agents

The National Association of Estate Agents says that  both demand and particularly supply have dipped in the past month - but...

30 July 2019

From: Breaking News

Market stalls in south of England cities but north begins to boom

The average house price growth across southern cities is running at the lowest level recorded since January 2012, according to Zoopla.  Prices...

30 July 2019

From: Breaking News

Countrywide now “beyond salvation” says former chief executive

Countrywide is now “beyond salvation” according to former chief executive Harry Hill. The industry veteran, who also founded Rightmove, made the remark...

29 July 2019

From: Breaking News

Flipping Well: buy and sell within a year makes £30k on average

Those who bought and sold the same property in 2018 made an average of £30,150 - but the number who do...

29 July 2019

From: Breaking News

Property Jobs Today - we reveal who’s in and who’s out

Hello and welcome to the start of a new week and a new Property Jobs Today column, bringing you the industry’s...

29 July 2019

From: Breaking News

Up! Up! Up! UK house prices rise £11 a day … but London prices drop

British homes have increased in value by an average of £11 per day since the beginning of the year, but with...

29 July 2019

From: Breaking News

Equity release firm woos downsizers with claims of record high wealth

An equity release provider says there is now £382 billion worth of equity available within older homeowners’ properties following recent house...

29 July 2019

From: Breaking News

Rightmove: agency numbers fall 3% but profits and revenue soar 10%

Rightmove’s half year figures this morning continue to show strong growth in profits and revenue - but there are the first...

26 July 2019

From: Breaking News

Foxtons sales slump another 10% as agency says ‘lettings are our priority’

Foxtons’ sales slumped another 10 per cent and its total revenue dropped another 3.5 per cent according to figures released this...

26 July 2019

From: Breaking News

Agents charge average 1.2% but highest hits 2.9% says comparison website

Some estate agents are charging as much as 2.9 per cent commission according to a survey by comparison website GetAgent. While the...

26 July 2019

From: Breaking News

New portal snaps up early PropTech listings site Nethouseprices

One of the earliest property websites, nethouseprices.com, has been acquired by fledgling property portal OneDome.  Nethouseprices was set up in 2004 and...

26 July 2019

From: Breaking News

Fifth of house moves delayed by uncleared funds or slow sellers

Some 115,000 house moves are delayed annually because of funds not being cleared on time or because sellers have not vacated...

26 July 2019

From: Breaking News

Agents Do Charity - the Phew What A Scorcher edition...

Welcome to this week’s ADC…and what a week it’s been. Politics? No, hot air of a different kind - the weather.  Yet...

26 July 2019

From: Breaking News

High profile housing minister named - but how long will she last?

Esther McVey is to be the new housing minister - one of the most seasoned politicians to take the job in...

25 July 2019

From: Breaking News

Agents warned to be in a redress scheme for ALL aspects of their work

Estate and letting agents are being urged to check that they are signed up with an approved redress scheme that covers...

25 July 2019

From: Breaking News

70% of agents fail to use video or a YouTube channel for marketing

Seven in 10 agents fail to use video or YouTube to assist in their marketing according to an analysis by free-to-list...

25 July 2019

From: Breaking News

The market’s in good shape, new mortgage figures suggest

Data from UK Finance, which represents most of the country’s lenders, shows that gross mortgage lending across the residential market in...

25 July 2019

From: Breaking News

Prime London transactions improve - so do we need stamp duty reform?

Transactions in the troubled prime London market have actually increased year on year according to Knight Frank’s latest market snapshot. The agency...

25 July 2019

From: Breaking News

Esther McVey is Housing Minister; Robert Jenrick is Housing Secretary

The new Secretary of State for Housing, Communities and Local Government is the relatively unknown Robert Jenrick -  but his new housing...

24 July 2019

From: Breaking News

Shock figures show agents’ pay has collapsed one-third in 10 years

Estate agents are amongst the workers to suffer the worst fall in wages over the past 10 years according to shock...

24 July 2019

From: Breaking News

Treat Johnson’s stamp duty promises with caution, say top agents

One of the country’s most respected agents has advised the agency industry to treat Boris Johnson’s pledges with real caution. Black Brick buying...

24 July 2019

From: Breaking News

PropTech Today: UK government is beginning to take PropTech seriously

I feel I am in a fortunate position. I have been central to the PropTech movement for a number of years,...

24 July 2019

From: Breaking News

Early challenge for Johnson: “scary” transactions drop, prices set to fall

London and South East England are to see house price falls this year and only “very modest” growth in 2020 -...

24 July 2019

From: Breaking News

 Backfired! Ban on new-build second homes leads to higher house prices

A bid to ban the building of new homes for out-of-town buyers has backfired on a Cornish community - and now...

24 July 2019

From: Breaking News

What now for the agency industry as Boris Johnson takes over?

Our own industry’s upheaval over recent years has been no less dramatic than the turmoil at Westminster. The political earthquake has seen...

23 July 2019

From: Breaking News

Industry has learnt two lessons from online, says High Street agency chief

The chief executive of Hunters franchise operation, Glynis Frew, says online estate agencies have given the industry two ‘positives’ - but...

23 July 2019

From: Breaking News

Online firm says its agents could earn ‘unlimited monthly income’

An online agency which last autumn said it wanted to have as much as a three per cent market share of...

23 July 2019

From: Breaking News

Today may be final day in office for current housing minister

This may be the final full day in office for Kit Malthouse, the latest politician to occupy the short-term position of housing...

23 July 2019

From: Breaking News

Over 12 agencies named as latest members of independents’ group

The fledgling Federation of Independent Agents has revealed a list of agents which have joined the scheme.  The very latest is Oakwood...

23 July 2019

From: Breaking News

London agent says worried Hong Kong investors already fleeing to UK

High end London estate agency Aston Chase says there’s already been a surge in interest in property in the UK capital...

23 July 2019

From: Breaking News

Pundit Henry Pryor says he offers 'media balance' against estate agents

Property pundit Henry Pryor says he is invited on TV and radio in order to provide “balance” against estate agents who...

22 July 2019

From: Breaking News

Crooked swindler estate agent jailed - and the police are delighted

An estate agent who ruthlessly used his position as a prominent figure in the community to win the trust of vulnerable...

22 July 2019

From: Breaking News

Property Jobs Today: your Monday round up of industry moves...

Hello and welcome to this latest edition of PJT, your regular weekly column giving all the key appointments news in the...

22 July 2019

From: Breaking News

Name change for franchise agency to reflect diversification

Belvoir, the UK's largest property franchise, has changed its name - at least slightly - from Belvoir Lettings to Belvoir Group.  In...

22 July 2019

From: Breaking News

New industry regulations: clarity and speed are vital

A leading figure in the PropTech sector says clarity and speed are vital to ensure agencies can adequately prepare for a...

22 July 2019

From: Breaking News

Agency welcomes 20-fold increase in mortgages running 40 years or more

The number of UK residential mortgages approved with a term of 40-years or more jumped over 20-fold in 2018. London estate agency...

22 July 2019

From: Breaking News

Huge fine for estate agency after data breach

The Information Commissioner’s Office has fined a London estate agency £80,000 for leaving 18,610 customers' personal data exposed for almost two years. The security...

19 July 2019

From: Breaking News

Reforms win industry support as trade groups jostle for influence

Trade bodies and property firms have strongly welcomed the recommendations for root and branch reform of the agency industry - and...

19 July 2019

From: Breaking News

Shifting stamp duty away from buyers will boost market, says top agent

One of the country’s leading estate agents says shifting the burden of stamp duty away from the buyer - which is...

19 July 2019

From: Breaking News

New evidence suggests equity release hurting transaction volumes

There’s more ammunition today for those agents who argue that equity release stops people moving and thus cuts the number of...

19 July 2019

From: Breaking News

Government pledges to beef up anti-money laundering elements of new Bill

The government has published its response to an MPs’ committee’s comments on overseas buyers of properties in the UK - and...

19 July 2019

From: Breaking News

Agents Do Charity - a constant source of pride in the industry…

The trade headlines may be dominated by a revolution proposed for how agents are regulated, licensed and trained but one thing...

19 July 2019

From: Breaking News

All Change: new regulator, licensing and qualifications proposed for agents

The government has published proposals for far-reaching changes to the way estate and letting agents are regulated, trained and licensed. The proposals...

18 July 2019

From: Breaking News

Agents urged to ‘get ahead of the game’ on mandatory qualifications

Trade organisations including the National Association of Estate Agents have welcomed today’s publication of the report of the Regulation of Property...

18 July 2019

From: Breaking News

Agents say official house price figures don't reflect recent market boost

Agents have put a brave face on official government figures which have shown a shock fall in London house prices and...

18 July 2019

From: Breaking News

‘Good communication helps keep vendor expectations in check’

Improved communication and increased transparency throughout the buying process can manage vendors’ expectations, improve satisfaction scores and create long-term clients. That’s the...

18 July 2019

From: Breaking News

US high rollers buy London homes expecting post-Brexit bounce

A leading London estate agency with US connections says there has been a surge in high net worth American buyers in...

18 July 2019

From: Breaking News

‘Safer Property Search’ scheme to prioritise agents covered by TPO

A trade association of agents selling properties overseas has launched a new feature which it claims will give buyers greater security...

18 July 2019

From: Breaking News

Online agencies in the doldrums as market share stalls

There’s more bad news for online estate agencies this morning as a survey reveals that they have only a seven per cent...

17 July 2019

From: Breaking News

PropTech Today: Rightmove fails to understand first rule of innovation

The recent announcement of a clicktopurchase partnership demonstrates some much-needed progression from Rightmove. In doing so, however, it could be said it...

17 July 2019

From: Breaking News

Agency super-merger as regional independent firms link-up

Two of the highest profile independent estate agencies in the north of England have merged following a spectacular acquisition. Linley & Simpson...

17 July 2019

From: Breaking News

Update Rightmove listings more promptly, watchdog tells corporate

Connells Group-owned Sequence UK has been told by the Advertising Standards Authority to update Rightmove listings more promptly after properties are...

17 July 2019

From: Breaking News

Price falls ahead for overheated London and south east - warning

Online estate agency Yopa is warning of price falls ahead in London and south east England - although price rises elsewhere...

17 July 2019

From: Breaking News

Charge! New homes set to have compulsory car-charging points

All new-build homes could soon be fitted with an electric car charging point. The government has issued a consultation on the move,...

17 July 2019

From: Breaking News

Boris Johnson considers asking SELLERS to pay stamp duty

Conservative Party leadership contender Boris Johnson has expressed an interest in switching the stamp duty burden from buyers to sellers. Until now Johnson’s comments on...

16 July 2019

From: Breaking News

OnTheMarket AGM today expected to hear latest conversion figures

Shareholders at today’s annual general meeting of OnTheMarket will hear the latest conversion figures showing how many agents on free or...

16 July 2019

From: Breaking News

Sellers taking homes off the market still lose £1,200 on average

A new survey claims that 28 per cent of those who have put their home up for sale in past five...

16 July 2019

From: Breaking News

Market monitor shows signs for optimism in some parts of UK

Home, the property platform that often produces downbeat market forecasts, now says there are signs of improvement in London at least.  It...

16 July 2019

From: Breaking News

Franchisee snaps up independent agency in popular seaside town

Winkworth has a new office in its network, in the fashionable Suffolk town of Southwold. Independent agency Halford Wetmore has been acquired...

16 July 2019

From: Breaking News

Radical reform for agency industry to be signed off by minister today

Some of the most radical reforms ever proposed for estate and letting agents are expected to be signed off today by...

15 July 2019

From: Breaking News

Boris Johnson stamp duty plans disastrous for one part of the country

A leading agent has suggested that some parts of the UK would face “a property exodus” if Boris Johnson’s proposals for...

15 July 2019

From: Breaking News

Brexit blues mean it's becoming a buyer's market, warns Rightmove

The price of property coming to market fell by 0.2 per cent or an average of £656 in the past month...

15 July 2019

From: Breaking News

Property Jobs Today - all the latest industry moves and news

Hello and welcome to this latest edition of PJT, your Monday catch-up on all the key appointments news in the industry. Please...

15 July 2019

From: Breaking News

Nationwide building society goes into house-building

The Nationwide building society is to go into house building. It has received planning permission to build 239 new homes for sale...

15 July 2019

From: Breaking News

Shock as Land Registry admits big delay in search digitisation

The city of Norwich has become the sixth part of the UK to switch from council Local Land Charges to digital...

12 July 2019

From: Breaking News

Purplebricks and Foxtons could be big winners if BoJo becomes PM

Now could be the time to buy shares in Purplebricks and Foxtons if one stock market pundit turns out to be...

12 July 2019

From: Breaking News

Free-to-list portal claims 800 new enquiries for agents in four weeks

A new global free-to-list property portal says it has secured 800 new property enquiries for estate agents in the last four...

12 July 2019

From: Breaking News

PropTech v Traditional: Auction houses fight for market share

Auction companies have issued statements boasting of their own performance as old school companies and new entrants vie for market share. Firstly...

12 July 2019

From: Breaking News

Agents Do Charity - on our greatest summer weekend of sport…

Once a year you might be perfectly justified in putting your feet up for a weekend and enjoying some great sport...

12 July 2019

From: Breaking News

Clampdown on agents - Ombudsman to refer more to Trading Standards

The Property Ombudsman will in future refer more estate agents to the National Trading Standards Estate and Letting Agent Team if...

11 July 2019

From: Breaking News

New industry regulator and qualifications ‘in place within two years’

A new industry regulator is likely to be in place within two years according to the chair of the government’s Regulation...

11 July 2019

From: Breaking News

Countrywide sets next key progress date following minor share recovery

The next key date to measure the progress of Countrywide’s controversial Back To Basics programme is at the end of this...

11 July 2019

From: Breaking News

Housing market - steady as she goes, suggests RICS

A more stable trend is now emerging in the UK housing market, according to the latest results for the RICS UK...

11 July 2019

From: Breaking News

Praise for estate agency diversifying into equity release

Specialist providers catering for the over-50s has welcomed a move by high-end estate agency Knight Frank to move into equity release. Commenting...

11 July 2019

From: Breaking News

Countrywide brands join forces to create ‘airspace’ division

Two Countrywide brands have joined forces to launch Airspace Exchange – a service to push the idea of constructing homes and...

10 July 2019

From: Breaking News

New off-market website wants agents to promote properties for 14 days

A new website devoted solely to prime off-market properties is looking for agents who will use it to find buyers seeking...

10 July 2019

From: Breaking News

PropTech Today: How will estate agents win and lose talent?

The PropTech era is changing the way in which employees decide where they are going to work. As CBRE has discovered in...

10 July 2019

From: Breaking News

He’s Hired! Apprentice estate agent star sets up property consultancy

Jamie Lester, the London estate agent who starred in The Apprentice almost a decade ago, has set up a property industry...

10 July 2019

From: Breaking News

Agency removes claim about Zoopla after complaint to watchdog

An estate agency has removed a claim that it uploads its properties to Zoopla and PrimeLocation after a complaint to the...

10 July 2019

From: Breaking News

Boris Johnson's stamp duty plans could revive prime property market

Conservative leadership frontrunner Boris Johnson's plans to reverse stamp duty changes could help to kickstart the prime property market, according to...

09 July 2019

From: Breaking News

Anti-money laundering: agents must carry out independent audits

Estate agents have been urged to ensure they are carrying out an annual independent audit of their anti-money laundering (AML) processes. ID...

09 July 2019

From: Breaking News

Vendors urged to sell now as prospect of no deal Brexit looms

Property sellers have been urged to list their properties now in the hope of selling their properties for maximum value within...

09 July 2019

From: Breaking News

Global franchise giant opens 49th high street branch

Century 21, the global estate agency franchise, has opened its latest high street branch in Cheltenham.  The franchise, Century 21’s 49th in...

09 July 2019

From: Breaking News

Ex-Purplebricks boss defends 'nightmare' stories of LPEs earning 'peanuts'

The former chief executive of Purplebricks has defended claims that some Local Property Experts are underpaid, saying that success comes through...

08 July 2019

From: Breaking News

Rightmove trials digital offers for commercial buyers – is this the future?

Property portal Rightmove has confirmed that it is trialling an option which allows buyers of commercial properties to submit offers online...

08 July 2019

From: Breaking News

104 viewings in one day and 22 offers - is this a record in a 'slow' market?

Stories of a slow property market due to an ongoing lack of supply and Brexit woes have been well-documented in recent...

08 July 2019

From: Breaking News

Property Jobs Today - your weekly update of key industry moves

Welcome to the latest edition of Property Jobs Today. It's the time of the week when you can catch up with...

08 July 2019

From: Breaking News

Police investigate estate agency over fraud and theft allegations

The police have opened an investigation after a number of complaints have been made about the financial affairs of a sales...

05 July 2019

From: Breaking News

70 former customers have relisted with Emoov since relaunch

The new owners of Emoov have confirmed that 70 previous customers have opted to re-list their homes with the firm since it...

05 July 2019

From: Breaking News

Competitive bidding and sealed bids make ‘surprise return’ to Prime London

The practices of competitive bidding and sealed bids have made a 'surprise return' to the Prime Central London (PCL) property market,...

05 July 2019

From: Breaking News

Summer market momentum slows as property supply dipped in June

The summer market momentum building thanks to warmer weather and reduced Brexit uncertainty took a hit in June, according to new...

05 July 2019

From: Breaking News

Agents Do Charity - from the top of the world

Friday is Agents Do Charity day and as the country enjoys the delights of Wimbledon and rues the Lionesses' departure from...

05 July 2019

From: Breaking News

Hybrid sector could reach 20-30% market share, says Purplebricks CEO

The new chief executive of Purplebricks believes hybrid agents could win '20-30% market share' in the UK. Vic Darvey, who replaced Michael...

04 July 2019

From: Breaking News

Moving with the times? Average owner moves home every 21 years

The average British homeowner stays in their property for 20.8 years, according to new research by Zoopla. The property portal analysed the...

04 July 2019

From: Breaking News

Police confirm new excavation is part of Suzy Lamplugh investigation

The Metropolitan Police have confirmed that an excavation that took place yesterday was part of its ongoing investigation into the disappearance...

04 July 2019

From: Breaking News

Have you been a victim of property 'ghosting' recently?

It’s likely that your agency or one of your clients has recently fallen foul of an old-fashioned trend which has been...

04 July 2019

From: Breaking News

From North Somerset to Mauritius - two new branches for Fine & Country

Fine & Country, the international network of prime estate agencies, has this week announced the opening of two new offices. The first...

04 July 2019

From: Breaking News

Purplebricks posts £52m loss, 55% revenue rise and confirms US withdrawal

Purplebricks has revealed its annual results for the year ending April 30 2019.  The hybrid agency has posted an operating loss of...

03 July 2019

From: Breaking News

Past its sell by date? Three-year-old property listing banned by ASA

The Advertising Standards Authority (ASA) has upheld a complaint made against a listing on property website Houser.co.uk. In January, the complainant notified...

03 July 2019

From: Breaking News

PropTech Today: Startup should inspire agents to become community pillars

This week, I want to take a look at the Israeli startup, Venn, an urban revitalisation firm which has recently received...

03 July 2019

From: Breaking News

Achieving asking price and selling quickly are top criteria for vendors

A survey of property sellers has revealed that 'achieving the asking price' (43%) and 'selling properties quickly' (35%) are the most...

03 July 2019

From: Breaking News

High street agency to offer fixed fee hybrid service through online network

love2move, the online network which allows high street agents to offer a white-labelled hybrid service, has announced its latest partner. Peter David...

03 July 2019

From: Breaking News

Emoov collapse: angry sellers threaten legal action

Estate Agent Today has been contacted by an individual who says he is one of three former Emoov customers intending to...

02 July 2019

From: Breaking News

Agency bought out of administration with PropTech goal

Petty Estate Agents has acquired the real estate division of Cheshire-based Wright Marshall out of administration. The deal safeguards the company after...

02 July 2019

From: Breaking News

When selling doesn’t actually mean ‘selling’ - website warns vendors

The head of a website that contrasts the performances of rival estate agents is urging buyers to ‘drill down’ and find...

02 July 2019

From: Breaking News

Government blasted over ‘scandalous’ leasehold reform proposals

A leasehold reform campaigner says government proposals risk creating a two-tier market and do nothing to assist leaseholders already hit by...

02 July 2019

From: Breaking News

Yet another house raffle competition bites the dust

Another house price raffle has closed amid rancour, and with cash prizes being awarded instead of the property originally promoted. The latest...

02 July 2019

From: Breaking News

Market Share: High Street estate agents crush online firms

New figures released show High Street estate agents taking an increasingly large market share as online operators continue to crumble. According to the...

01 July 2019

From: Breaking News

Property Jobs Today - the latest industry movers and shakers…

Hello and welcome to both this week’s PJT and welcome to July. It may be summer and Wimbledon time, but there’s no...

01 July 2019

From: Breaking News

Tragedy as estate agent dies aged just 28

An estate agent in the west country has died, aged just 28. Adam Reed worked for the Smart Estate Agent, a fixed-fee...

01 July 2019

From: Breaking News

 Latest housing market problem - sales of £1m-plus homes stall

It’s unlikely to bring out the violins but the number of properties sold for £1m or more in Britain rose only...

01 July 2019

From: Breaking News

Revealed - the worst location in the country for gazumping

Gazumping is alive and well in much of the country, despite the slowdown in the property market, according to new research...

01 July 2019

From: Breaking News

Purplebricks ex-CEO defends record on sales progression and LPEs

Purplebricks’ former chief executive Lee Wainwright has made a stout defence of the controversial agency’s sales progression process and its local...

28 June 2019

From: Breaking News

Labour would crash housing market warns senior industry figure

The latest report commissioned by the Labour party to resolve the UK’s housing problems would crash the housing market rather than...

28 June 2019

From: Breaking News

Purplebricks founder Kenny Bruce pledges: “I’ll be back - and soon”

Purplebricks’ founder Kenny Bruce has promised that his departure from the firm does not mean he won’t be heard of again. Kenny - whose brother...

28 June 2019

From: Breaking News

Zoopla enhances app to include premium listings service

Zoopla has announced an improved app which “enhances the house-hunting journey with a fresh design, improved navigation and an intuitive interface” -...

28 June 2019

From: Breaking News

Agents Do Charity - and we're striking the right chord...

Hello there - if it’s Friday it’s Agents Do Charity, and as we prepare for a hot weekend for Glastonbury revellers...

28 June 2019

From: Breaking News

Purplebricks claims huge success on sales, prices and time on market

Purplebricks has released figures which appear to show it is one of the most successful agencies - or perhaps THE most...

27 June 2019

From: Breaking News

Online agency to sell all homes for free: is this the future or a stunt?

Online agency Housesimple has become the first in the UK to sell houses for free. It says that based on the average...

27 June 2019

From: Breaking News

Phil Spencer endorses reservation agreements and digital legal packs

Phil Spencer and his advice website IQ have endorsed the concept of legally binding reservation agreements and digital legal packs through...

27 June 2019

From: Breaking News

130 jobs at risk as agency and auction firm appoints administrators

It’s been reported that a Cheshire estate agent and auction house has gone into administration putting 130 jobs at risk. Around 40...

27 June 2019

From: Breaking News

Online auction method adopted by historic estate agency

A 176 year old agency is claiming success with its first online auction lot selling for over twice the guide price. It...

27 June 2019

From: Breaking News

Agents warned over 50% of leads at risk because of slow responses

A PropTech firm which claims its products offer “industry-leading” response times says agents lose a majority of their leads due to slow...

27 June 2019

From: Breaking News

Hope for first time buyers as affordability improves in UK's big cities

The income required for first time buyers to purchase in the three most expensive UK cities has fallen slightly according to...

27 June 2019

From: Breaking News

Cash buyers pull out of property as Brexit worries bite

The number of cash buyers in London has recently plummeted by very nearly a fifth - and every other part of...

26 June 2019

From: Breaking News

Supply rises at last but over 80% of homes sell below asking price

New figures from the National Association of Estate Agents suggest that supply is at last creeping back up to seasonal norms...

26 June 2019

From: Breaking News

PropTech Today: Six property management firms worth knowing about

I want to take the time this week to look at an area of PropTech and real estate which is seeing...

26 June 2019

From: Breaking News

Agents get nine months free use of PropTech tool in latest FIA deal

The Federation of Independent Agents has agreed another new partnership with an industry supplier. The arrangement will allow FIA agent members nine...

26 June 2019

From: Breaking News

Watchdog upholds complaints and finds new problem with house raffle

A company which promotes property raffles have been told that it cannot repeat certain elements of its advertisements on Facebook and...

26 June 2019

From: Breaking News

Purplebricks ex-CEO hits out at untrue claim that agency sold only 50%

The former chief executive of Purplebricks UK says the agency completes on over 80 per cent of the homes it lists...

25 June 2019

From: Breaking News

Free-to-list portal now has over 740 UK agents on board

The free-to-list property portal Residential People says it now has over 740 independent agents in the UK on board - and...

25 June 2019

From: Breaking News

Transactions tumble but glimmer of hope in prime London market

London Central Portfolio, a respected property consultancy that has been pessimistic about the market in prime areas of the capital, says...

25 June 2019

From: Breaking News

Good use of our energy? 20 millionth EPC to be issued this summer

A national newspaper claims that the 20 millionth domestic EPC in the UK is set to be issued in the next...

25 June 2019

From: Breaking News

Don’t tell Boris Johnson, but neighbours matter to many house buyers

A timely new survey suggests that 75 per cent of buyers give at least some consideration to what their potential neighbours...

25 June 2019

From: Breaking News

In Praise of Purplebricks: a senior estate agent speaks out

A former Territory Owner at Purplebricks, who at one time managed 11 Local Property Experts, has spoken out in support of...

24 June 2019

From: Breaking News

Transactions plummet - agents' fingers crossed for rest of 2019

The number of residential property transactions in May was a thumping 11.3 per cent lower than the same month last year,...

24 June 2019

From: Breaking News

Housing minister in racism row apologises for “inappropriate” words

The minister at the centre of reforms to the estate and lettings industry sector has apologised for what she calls “inappropriate...

24 June 2019

From: Breaking News

Property Jobs Today - all the industry movers and shakers…

The weekend is over all-too-quickly but at least if it’s Monday, it’s Property Jobs Today - your weekly catch up with...

24 June 2019

From: Breaking News

Estate agent racially abused police officer and bouncer at club

An estate agent has been fined after racially abusing a police officer in an incident outside a nightclub. Sarah Loasby, from Kettering,...

24 June 2019

From: Breaking News

Brexit Blues: “sharp correction” likely post-deal, agent warns

Homes in central parts of London sold for a typical 11.5 per cent below asking price in the first three months...

21 June 2019

From: Breaking News

Over 150 agents link with 'Modern Method' online auction firm

An online auction service which only came into existence in September last year claims to have 150 partner estate agents already,...

21 June 2019

From: Breaking News

Purplebricks hires PR firm that aims to fuel fandom

Purplebricks has hired the Weber Shandwick PR firm to handle much of its non-investment related public relations. Weber Shandwick has its global...

21 June 2019

From: Breaking News

£23m Prime Central London property to be sold via Blockchain

A property in London’s Mayfair has a price tag of £23m and is being sold via a system allowing interested parties...

21 June 2019

From: Breaking News

Agents Do Charity - more wonderful work by our industry

If it’s Friday it’s Agents Do Charity day - and we’ve got another bundle of good work for you this week,...

21 June 2019

From: Breaking News

Purplebricks for the high jump as it sponsors Olympics Team GB

Purplebricks is the “Official Estate Agent Of Team GB” for the build-up to and completion of next summer’s Olympics in Tokyo. It is going...

20 June 2019

From: Breaking News

Rightmove warned that it must innovate to survive

An interesting analysis of Rightmove’s performance on the stock market has led to questions about the long-term profitability and viability of...

20 June 2019

From: Breaking News

Hybrid agency boss applied for top job “to protect business model”

The head of EweMove, the hybrid agency operated by The Property Franchise Group, says he applied for the top job in...

20 June 2019

From: Breaking News

“Too many sellers think prices will rise post-Brexit” warns senior agent

Too many sellers are wedded to the idea that prices will rise after a Brexit deal is resolved, says one of the...

20 June 2019

From: Breaking News

In it to win it: Nominations open for Propertymark Qualifications Awards

Nomination for the Propertymark Qualifications Awards 2019 are now open - and they present a chance to celebrate colleagues or employers...

20 June 2019

From: Breaking News

Purplebricks workforce turns on agency with string of damning reviews

A series of damning reviews about Purplebricks’ working environment, apparently written by existing and former staff, have appeared online. Indeed is a...

19 June 2019

From: Breaking News

PropTech Today: Facebook's own currency to drive rental transactions

Facebook is set to enter the cryptocurrency business with the big reveal of its formal plans scheduled for some point this...

19 June 2019

From: Breaking News

Revealed: youngest-ever female president for NAEA Propertymark

ARLA and NAEA Propertymark have announced their top teams for the year ahead - and on the estate agency side, the...

19 June 2019

From: Breaking News

Family home for £1m in London? You'll be lucky, says OnTheMarket

Research from OnTheMarket shows that 40 per cent of London homes costing around £1m have only two bedrooms or fewer. And only...

19 June 2019

From: Breaking News

LSL claims new-build sales success in fast-growing market

LSL Property Services’ Land & New Homes division says it’s set a record by selling 50 per cent of the units...

19 June 2019

From: Breaking News

OnTheMarket says rivals may interfere with its bid to get agents to pay

OnTheMarket chief executive Ian Springett says rival portals may want to “interfere” with his aim of converting agency members from free...

18 June 2019

From: Breaking News

Southern England facing a year of selective price falls - Zoopla

Over a third of homes across Southern England are at risk of suffering price falls as the housing market slowdown extends...

18 June 2019

From: Breaking News

 Up-front referral fee services promoted by new PropTech partnership

Conveyancing platform The Moving Hub and Acquaint CRM have announced a strategic partnership. New and existing users of Acquaint CRM will have...

18 June 2019

From: Breaking News

Brexit's Trump card: Sterling slump means rich US buyers flock to London

A high-end estate agency is reporting a dramatic rise in the number of US buyers in London as they have taken...

18 June 2019

From: Breaking News

Seaside agencies merge to create single four-branch operation

West Sussex estate agency Robert Luff and Co has merged with the long established company Sawyers Estate Agents. This creates a new...

18 June 2019

From: Breaking News

Could Purplebricks go bust? Apparently not, says analyst

An analyst on shares website Motley Fool says Purplebricks is not only in surprisingly strong financial health, but is actually outperforming...

17 June 2019

From: Breaking News

Supply and sales fall as London and the south drag down market

The latest asking prices data from Rightmove suggests that the national housing market is being dragged down by poor performance in...

17 June 2019

From: Breaking News

Property Jobs Today - key moves in and about our industry

Hello and welcome to the latest edition of Property Jobs Today - the Monday slot where you can catch up with...

17 June 2019

From: Breaking News

Want to sell more homes more quickly? Then close the office early...

A survey suggests there’s no firm correlation between a traditional agency’s opening hours and its performance in selling property - and...

17 June 2019

From: Breaking News

One in 10 Britons has a second home, buy to let or overseas property

Some 10 per cent of Britons now own a second home, a buy to let or an overseas property according to...

17 June 2019

From: Breaking News

Agents shouldn’t just sell - they must be Residential Property Experts

High Street estate agents should re-define themselves in today’s competitive market by becoming Residential Property Experts offering a wide range of...

14 June 2019

From: Breaking News

Zoopla founder reveals what made his portal different - and why it’s purple

The founder of Zoopla has explained how the portal got its name and branding, and the philosophy behind it when it...

14 June 2019

From: Breaking News

Online agency business wins new High Street customer

A firm that offers a white-labelled online agency platform to traditional High Street agents has signed up a new customer. love2move was...

14 June 2019

From: Breaking News

‘Slowest June since 2013’ as homes linger longer on the market

It's becoming increasingly difficult to sell a property, especially in those regions undergoing a price correction. That’s the verdict from Home, a...

14 June 2019

From: Breaking News

Agents Do Charity - and ignore the wet weekend...

Sorry about the weather everyone…miserable isn’t it, and the summer is supposed to be well underway? But we’re not allowing our fund-raising...

14 June 2019

From: Breaking News

Four agencies acted illegally in fee price cartel, says watchdog

The Competition and Markets Authority has provisionally found that four agencies broke competition law by taking part in a price fixing...

13 June 2019

From: Breaking News

OnTheMarket converts just 1,000 branches from free to paid deals

Figures released from OnTheMarket this morning suggest that its conversion programme for agents shifting from free deals to paid membership is...

13 June 2019

From: Breaking News

Tricks of the trade: buying agent reveals tips for purchasers using portals

A buying agent has revealed how she advises potential clients to use portals when looking for a property to buy -...

13 June 2019

From: Breaking News

Damning report says Help To Buy helped many who didn’t need it at all

The National Audit Office says many users of Help To Buy would have been able to purchase a home anyway, without...

13 June 2019

From: Breaking News

Brexit-related uncertainty leads to big slump in high-end London sales

Knight Frank says Brexit-related uncertainty has curbed trading activity across all UK residential markets over the last 12 months - and...

13 June 2019

From: Breaking News

Almost a million home sales lost to Brexit, new survey claims

New research by comparison website GoCompare suggests almost a million house sales have been lost because of Brexit.  The study claims that...

13 June 2019

From: Breaking News

Countrywide redundancies: dozens of sales progression staff may go

Countrywide is declining to comment on speculation that it is making 36 of its sales progression staff redundant. Estate Agent Today, which...

12 June 2019

From: Breaking News

Zoopla takes swipe at OnTheMarket's ‘New & Exclusive’ offer

Zoopla has taken a swipe at OnTheMarket by conducting a poll of sellers’ views about having properties listed exclusively on just...

12 June 2019

From: Breaking News

PropTech Today: now is the time to understand blockchain

It’s London Tech Week, everybody! The sprawling city-wide event taking in dozens of conferences, events, workshops, panel debates and so on,...

12 June 2019

From: Breaking News

Unexpired Lease Timebomb: new worries over sale fall-throughs

A conveyancing body is calling on mortgage lenders to standardise their policies in respect of unexpired lease terms in order to...

12 June 2019

From: Breaking News

ValPal Network’s new conveyancing deal ‘can help offset fees ban impact’

Instant online valuation service The ValPal Network has revealed a conveyancing partner which it says will help agents boost referral fees.  The...

12 June 2019

From: Breaking News

Agency amends Help To Buy press ad after complaint to watchdog

South west regional agency Luscombe Maye has amended an advertisement for a new housing development following a complaint to a watchdog. A...

12 June 2019

From: Breaking News

Sellers are back with a vengeance, according to online agency

Sellers are back with a vengeance according to figures from online agency HouseSimple.  It claims the Brexit date extension has given sellers...

12 June 2019

From: Breaking News

CMA launches investigation into sale of leasehold properties

The Competition and Markets Authority has formally launched an investigation into the sale of leasehold properties - including possible mis-selling. This follows...

11 June 2019

From: Breaking News

PropTech firm offers agents ‘most important service since dawn of internet’

PropTech start-up BestAgent is to stage a day-long event for suppliers to the agency industry later this month. This follows BestAgent founder...

11 June 2019

From: Breaking News

Sentiment Soars: 80% of homeowners expect prices to rise this year

Over 80 per cent of home owners say they expect house prices to rise in their area before the end of...

11 June 2019

From: Breaking News

Surveyors' bid to improve floorplan accuracy doesn’t measure up - claim

A PropTech firm has repeated claims it first made in March about allegedly inaccurate floorpan measurement and says a new initiative...

11 June 2019

From: Breaking News

Independent agency joins high-end network for ‘tailored marketing’

Fine & Country has a new office in Hampshire as a result of an independent which has joined its network. Hampshirewide is...

11 June 2019

From: Breaking News

Summer price surge set to compensate for early 2019 falls

An analysis of transactions agreed this spring suggests there will be a surge in prices which will ultimately be reflected later...

11 June 2019

From: Breaking News

Purplebricks problems persist as Woodford sell-off continues

There seems no end in sight for the share turmoil going on at Purplebricks, with several new developments on Friday before...

10 June 2019

From: Breaking News

Do online agents expect conveyancers to do their work for them?

A member of a legal information and networking organisation says an online estate agency expects him to do some work in...

10 June 2019

From: Breaking News

Property Jobs Today - who's moving where in our industry?

Hello and here’s another PJT to start the week: we hope it’s your first port of call when you want to...

10 June 2019

From: Breaking News

Invest in online agencies! What could possibly go wrong...?

We like a good video here at Estate Agent Today, and we know our industry can take a joke even if...

10 June 2019

From: Breaking News

Market in limbo as wait for economic stability goes on (and on)

Average UK house prices rose 0.5 per cent in May according to the latest Halifax house price index as the long...

10 June 2019

From: Breaking News

OnTheMarket claims record visits - but no update on agent numbers

OnTheMarket claims monthly visits to its website hit a record 25.4m in May - but the portal’s latest update gives no...

07 June 2019

From: Breaking News

Online ‘veteran’ to lead virtual estate agency launching in UK

A veteran of three online estate agencies has been named as the first UK head of a US real estate operation...

07 June 2019

From: Breaking News

Shares Frenzy: Investors jostle for Purplebricks and Foxtons

It's been another busy 24 hours for publicly-quoted estate agencies. Swiss investment bank UBS has increased its stake in the troubled London...

07 June 2019

From: Breaking News

New service allows buying agents to fast-track requirements to selling agents

Subscription-based business-to-business prime London platform LonRes has launched a new service for retained agents.   The Retained Agent Buyer Alert enables buying agents...

07 June 2019

From: Breaking News

Property review website wins £1m funding to roll out nationwide

A review website set up by a former estate agent says £1m of new funding will allow it to roll out...

07 June 2019

From: Breaking News

Agents Do Charity - another weekend of wonderful fund-raising…

With summer in full swing (will someone tell the weather?) we’re having bumper editions of Agents Do Charity, and this weekend’s is...

07 June 2019

From: Breaking News

Purplebricks: Woodford reduces his stake for second day in a row

Beleaguered fund manager Neil Woodford, one of the first champions of Purplebricks, has reduced his stake in the troubled agency for...

06 June 2019

From: Breaking News

Free property data service for agents launches today

A new service which aims to provide estate and letting agents with what it calls “game changing” access to property data...

06 June 2019

From: Breaking News

Woodford slashes Purplebricks stake as rumours swirl on agency's future

Beleaguered fund manager Neil Woodford, one of the early champions of Purplebricks, has slashed his stake in the company from 28.9...

06 June 2019

From: Breaking News

New view of London market: lower-priced home sales worst hit, claims portal

A portal specialising in prime and super-prime London property has turned perceptions of the capital’s housing market on their head -...

06 June 2019

From: Breaking News

Home Survey Standard: early support for RICS' survey initiative

PropTech company Landmark has thrown its weight behind the Royal Institution of Chartered Surveyors’ new Home Survey Standard, which is now out...

06 June 2019

From: Breaking News

Tributes pour in for late agent with 65 years at just one firm

Tributes are being paid to David Hall, a senior partner at an agency in the Midlands where he worked for a...

06 June 2019

From: Breaking News

Demand for shared ownership homes set to double - Savills

Demand for shared ownership properties will rise by over 15,000 units a year when Help To Buy comes to an end...

06 June 2019

From: Breaking News

Purplebricks names July date to reveal company performance

Purplebricks has announced that it is to give a trading update and the result of its review of its US activities on...

05 June 2019

From: Breaking News

PropTech Today: The rise and rise of the iBuyer

“You say tomato, I say tomato” is a line in a famous film score way back in the 1937 film Shall...

05 June 2019

From: Breaking News

Rightmove to probe agency's status after allegations of fake listings

Rightmove says its data quality team is to conduct “a full review of the current customer” after an allegation about a...

05 June 2019

From: Breaking News

Measuring Up - bid to improve floorplan accuracy and consistency

The Royal Institution of Chartered Surveyors is running a Certified Property Measurer course aimed at training agents and others in the...

05 June 2019

From: Breaking News

Is yours a family-run agency? If so, you could be a reality TV star

A TV production company is looking for family-run estate agencies to be considered for a possible reality TV show. Curve Media -...

05 June 2019

From: Breaking News

Banker’s brainchild: new First Time Buyer service is launched

FirstHomeCoach, the brainchild of a former HSBC banker, has launched with the aim of providing “every service” a first time buyer...

05 June 2019

From: Breaking News

What next for Countrywide and Purplebricks after day of turmoil?

Two of Britain’s largest and best known estate agencies have endured a day of turmoil at the hands of investors -...

04 June 2019

From: Breaking News

Some homes should not be marketed on portals, says agency chief

Properties sold off market by a London agency found buyers more quickly, and for nearer the asking price, than those on the...

04 June 2019

From: Breaking News

‘Steer clear of Foxtons’ - investors urged to stay away

A writer for the influential financial publication Money Week says investors should “steer clear” of Foxtons - at least for now. Sarah...

04 June 2019

From: Breaking News

Trumped! Hair-brained marketing idea from London agency

Sharp-witted marketing advisers for Marsh & Parsons have done it again with a clever poster and social media campaign to mark...

04 June 2019

From: Breaking News

Housing minister mocked over bid to become Prime Minister

Housing minister Kit Malthouse appears to have some difficulty being taken seriously as a candidate for Conservative party leader and Prime...

04 June 2019

From: Breaking News

Takeover talks held between Purplebricks investors - claim

Talks are reported to have been held between Purplebricks leading shareholder, Neil Woodford, and the German publishing group Axel Springer about...

03 June 2019

From: Breaking News

Purplebricks share price rises on news of big new German investment

Purplebricks share price has risen over 10 per cent - at least temporarily - on news of a major expansion of...

03 June 2019

From: Breaking News

Top Purplebricks investor would back US closure to bolster agency in UK

Purplebricks’ most influential investor says there is “opportunity aplenty” for the company but says it would back the closure of the US...

03 June 2019

From: Breaking News

Property Jobs Today - a bumper round-up this week...

Welcome to the latest Property Jobs Today - because last week there was a Bank Holiday, we have a bumper edition...

03 June 2019

From: Breaking News

Agency branch openings after rebranding and acquisition

An estate agency in St Albans has rebranded as Fine & Country. JW&Co Langleys office in St Albans was acquired by Tom...

03 June 2019

From: Breaking News

TV ads claim new homes are premium alternatives to second hand ones

A volume house builder is launching a TV advertising campaign claiming its properties are a “premium alternative” to second hand homes...

03 June 2019

From: Breaking News

House prices are like Brexit talks - stuck, floundering, going nowhere

The latest house price index shows very little happening in the market, with analysts expecting little significant movement until Brexit is...

03 June 2019

From: Breaking News

At least three Countrywide brands thought to be closing branches

It appears that at least three Countrywide brands are undergoing branch closures as the company’s cuts continue to bite. Estate Agent Today...

31 May 2019

From: Breaking News

Traditional agents are good value say sellers, but deals take too long

Traditional High Street estate agents have been given the thumbs up by sellers in a new survey of over 5,000 vendors...

31 May 2019

From: Breaking News

Banned: homes at centre of Crime Agency probe cannot be sold

Three ultra-high-value London properties cannot be sold while a money laundering investigation continues. The houses have not been identified but were most...

31 May 2019

From: Breaking News

Long-standing London independent agency rebrands to franchise network

A London independent agency has joined the franchise network of Hunters. Regent 2000 Properties, which operates in Camden Town, is seeing its...

31 May 2019

From: Breaking News

Agents Do Charity - wining, dining, dressing up and cleaning the mud off...

Hello - it’s that time of the week again when we celebrate the agency industry’s fantastic fund-raising. We were delighted that our...

31 May 2019

From: Breaking News

Countrywide: share price sinks, closure and sell-off rumours swirl

Rumours continue to circulate about possible large-scale branch closures at Countrywide; its share price ended trading today at its lowest ever...

30 May 2019

From: Breaking News

Countrywide’s biggest critic says: “Here’s my plan to save the firm”

Countrywide’s shares took another battering yesterday as they plummeted below the psychologically-painful 5p mark - reflecting a 95 per cent loss of...

30 May 2019

From: Breaking News

New ‘tech solutions group’ for agents unveils high-profile suppliers

The Innovative Collaboration Group - a collection of high-profile tech suppliers to the agency industry - has unveiled a raft of new...

30 May 2019

From: Breaking News

Free-to-list portal says key USP is attracting foreign buyers to UK

A recently-launched free-to-list portal says it’s uniquely positioned to attract overseas buyers and investors interested in purchasing in major UK cities. Residential...

30 May 2019

From: Breaking News

Conveyancer consolidation means 200 firms control 39% of house moves

Just 200 conveyancing firms control over 39 per cent of the market in England and Wales, wielding significant power over customers,...

30 May 2019

From: Breaking News

Going for a jar? Agency shows how to make selling a mite easier…

Like many good agencies, Savills understands that selling a long-loved family home can be tough for a vendor. So it was with...

30 May 2019

From: Breaking News

Estate agencies top league table of shop closures across Britain

New figures released to Estate Agent Today show that a net total of 284 agents’ offices closed down in 2018. This number -...

29 May 2019

From: Breaking News

NAEA and ARLA launch training and compliance service for agents

NAEA and ARLA Propertymark have launched an initiative called Propertymark Inspire to promote training and compliance awareness amongst agents.  A statement says the...

29 May 2019

From: Breaking News

PropTech Today: We can’t ignore the technological underclass

One of my biggest concerns in all of my writing, speaking and influencing around PropTech is that for the people we...

29 May 2019

From: Breaking News

Sales-per-branch increase despite slump in available stock

The number of sales agreed per branch has increased for the first time this year, rising from an average of seven...

29 May 2019

From: Breaking News

Good news as mortgage approvals show significant rise

The number of mortgages approved by High Street banks increased 5.4 per cent to 44,000 in April. Data from trade body UK...

29 May 2019

From: Breaking News

Vendors accepting larger discounts off asking prices, says Zoopla

The gap between average asking prices and average selling prices has increased in recent months according to Zoopla. Its latest study of...

29 May 2019

From: Breaking News

Shock decision by housing minister Malthouse: “I want to be PM”

In a surprising announcement overnight, housing minister Kit Malthouse says he is standing to become the Conservative party leader and next...

28 May 2019

From: Breaking News

Revealed - exactly how long it takes to buy a home in the UK

New research suggests it takes, on average, six months and 24 days to buy a home. The study, for PropTech virtual tours...

28 May 2019

From: Breaking News

More prime central London woe as prices fall 10% in a year

New data from respected property consultancy LonRes shows that prices in prime central London fell 9.7 per cent in the 12...

28 May 2019

From: Breaking News

Flurry of new laws and regulations to come, whoever is Prime Minister

The head of the Property Redress Scheme is urging agents to prepare for yet more regulation and legislation changes likely to...

28 May 2019

From: Breaking News

Easier extensions - mixed response from industry and planners

There’s been a mixed response to the government’s surprise announcement that it would make permanent the right of home owners to...

28 May 2019

From: Breaking News

Planning rules relaxed ‘to avoid owners selling homes’

Homeowners will be able to extend properties more easily instead of moving home. In a surprise announcement this morning - less than...

25 May 2019

From: Breaking News

Compliance clampdown on Referral Fees and Modern Method of Auction

The Property Ombudsman says its members must in future disclose referral fees in a bid to make previously-hidden costs open and...

24 May 2019

From: Breaking News

‘Punish rip-off culprits’ - CMA urged to be aggressive on leasehold abuse

A firm supporting leaseholders across the UK says the ongoing Competition and Markets Authority probe should “punish” what it calls “rip off...

24 May 2019

From: Breaking News

Online agent says very slow broadband knocks 24% off house price

Ultra slow broadband speeds could knock a quarter off the value of a property according to research undertaken by online agency...

24 May 2019

From: Breaking News

Another boost for Equity Release: does it lead to fewer house sales?

Retired homeowners are increasingly using property wealth to clear unsecured debts and mortgages to strengthen their later life finances, a new...

24 May 2019

From: Breaking News

Agents Do Charity - and we're going up in the world...

Hello there and we’re at the start of another Bank Holiday weekend - but no rest for you lot, working hard...

24 May 2019

From: Breaking News

Zoopla in multi-million pound software shake-up for agents

Zoopla is today unveiling what it calls “a new direction” for its software division and the creation of “market-leading agency CRM...

23 May 2019

From: Breaking News

Replace stamp duty with tax on house sale profits, urges finance chief

An outspoken building society chief has taken the unusual step of calling for stamp duty to be replaced by capital gains...

23 May 2019

From: Breaking News

Many regional housing markets booming despite London woe, say agents

House prices have remained roughly stagnant according to the latest figures produced by the Office for National Statistics and HM Land...

23 May 2019

From: Breaking News

We’ve done it! EAT named Property Trade Magazine of the Year

Estate Agent Today has been named Property Trade Magazine of the Year 2019 at the annual Property Press Awards. It fought off...

23 May 2019

From: Breaking News

Veteran to lead agency that says it’s “shaking up the industry”

An agent with over 29 years of experience has taken over as  chief executive officer at Humberts - just as the...

23 May 2019

From: Breaking News

Purplebricks share price plunges as speculation mounts over investment

Purplebricks’ share price yesterday plunged to 90.5p at one point - well below the 100p level at which the company originally...

22 May 2019

From: Breaking News

Buyer wins case against surveyor who ‘missed’ Japanese Knotweed

A homeowner in London has won a legal case against a chartered surveyor who failed to identify Japanese knotweed during a...

22 May 2019

From: Breaking News

Agent reveals true scale of London market collapse - but it may be over

One of the capital’s most outspoken estate agents at the upper end of the market has given eye-watering statistics to show...

22 May 2019

From: Breaking News

PropTech Today: Market disruption do’s, don’ts and value propositions

We’ve reached the final instalment of my market transformation do’s and don’ts.  In previous articles, we’ve looked at: Do encourage, don’t deter;...

22 May 2019

From: Breaking News

Sales progression tool claims to cut fall-throughs and speed transactions

A new sales progression tool that claims to have been hugely successful over an 18-month pilot is being rolled out across...

22 May 2019

From: Breaking News

Housing Market stagnating as Brexit rumbles on, HMRC figures show

The number of residential property transactions across the UK fell very slightly last month according to new figures from HM Revenue...

22 May 2019

From: Breaking News

Fury at Foxtons: Investor revolt at ‘fat cat’ bonuses, finance chief goes

The Annual General Meeting of Foxtons shareholders in London has seen a dramatic rebellion against bonuses for senior management. There were 14 resolutions put...

21 May 2019

From: Breaking News

Many estate agencies at risk over data security, claims IT firm

An IT firm says small and medium-sized estate agencies without the infrastructure of large corporates are putting themselves and their customers...

21 May 2019

From: Breaking News

Purplebricks share price drops again as it ponders different scenarios for US

Purplebricks, which recently admitted that it had been over-ambitious in its overseas expansion, says it will give “a further update” on...

21 May 2019

From: Breaking News

London market gloom - is there light at the end of the tunnel at last?

Might the central London market gloom be broken by just a sliver of light? London Central Portfolio, an investment consultancy, has recently...

21 May 2019

From: Breaking News

Foxtons' shock warning - sales at record lows thanks to Brexit

Foxtons has warned shareholders and the City that sales volumes are at a “record low” and that the agency suffered another fall...

20 May 2019

From: Breaking News

Purplebricks market share falls as online sector becomes still weaker

New data from property consultancy The Advisory shows that the top 10 online estate agents now have a combined market share...

20 May 2019

From: Breaking News

160 homes are owned by 'high corruption-risk' individuals say MPs

A Parliamentary committee has claimed that 160 properties in the UK are owned by “high corruption-risk individuals” and wants more to...

20 May 2019

From: Breaking News

Property Jobs Today - your weekly update of key industry moves…

Hello and welcome to this week’s PJT, the destination where you can catch up with the key moves announced in the...

20 May 2019

From: Breaking News

Rightmove says prices stay steady but London still in doldrums

Rightmove’s latest house price statistics reveal that asking prices for newly-marketed property are on average 0.9 per cent higher than a...

20 May 2019

From: Breaking News

Here we go again … another new housing minister on the way

It appears almost certain that there will be another new housing minister named when a new Conservative leader - and thus...

20 May 2019

From: Breaking News

Estate agents 'no longer biggest money laundering risks', report suggests

A survey undertaken by the respected Economist Intelligence Unit and a risk solutions company suggests that estate agency may be one...

17 May 2019

From: Breaking News

Alexa: when do we get cheaper and faster conveyancing?

A law firm says it’s made legal history by integrating the automated voice-activated platform Alexa into its system. Customers of Simply Conveyancing...

17 May 2019

From: Breaking News

Agents welcome CMA probe into 'mis-selling' of leasehold properties

The National Association of Estate Agents has welcomed the commitment by the Competition and Markets Authority to investigate the mis-selling of...

17 May 2019

From: Breaking News

Industry veteran becomes chair of franchise giant as founder retires

The founder of franchise giant Belvoir, Mike Goddard, has now stepped down as chair of the company, two years after quitting...

17 May 2019

From: Breaking News

Gloomy mortgage data may mark ‘start of housing slowdown’ says agent

Agents have reacted gloomily to the release of figures showing that the number of new mortgages offered to both movers and...

17 May 2019

From: Breaking News

Agents Do Charity - and there's mud flying everywhere…

Hello and welcome to this week’s ADC - yet more examples of stupendous fund-raising by our industry (and a lot of...

17 May 2019

From: Breaking News

“Gaping holes” in Purplebricks business model, says ex-online investor

An expert who has invested in an online agency in the past has slammed Purplebricks’ business model. James Max, who presents the...

16 May 2019

From: Breaking News

Buying reform could slash transaction time by almost 30% - claim

Reforms to the house buying process in England and Wales to bring it more into line with Scotland could slash the...

16 May 2019

From: Breaking News

Time On Market soars in England and Wales according to listings website

The average time on the market for a property is soaring across the UK thanks to Brexit uncertainty, according to the...

16 May 2019

From: Breaking News

Quick Sale trade body boasts of few complaints after five years

The trade body representing so-called quick sale companies is marking five years in business with two feathers in its cap. Firstly the...

16 May 2019

From: Breaking News

Child's Play! - Kids take over running an agency office

Franchise giant Hunters is to be the subject of a Channel 4 TV show on air this evening at 8pm.  When I...

16 May 2019

From: Breaking News

Online agents will never get above 10% market share admits agency founder

“I’m Russell Quirk, and I’ve failed” - with those words, the former chief executive of Emoov has begun to explain how...

15 May 2019

From: Breaking News

Countrywide’s hugely popular “inspirational leader” has died

John D Wood has announced that Nick Taylor, the agency’s managing director and a well-known figure in the industry for four...

15 May 2019

From: Breaking News

You're going to prison agent told in £110,000 fraud case

An estate agent in the north east of England has been told he will face prison after admitting two counts of...

15 May 2019

From: Breaking News

PropTech Today: FUTURE: PropTech 2019 - A truly global affair

It was long awaited, much anticipated and, thankfully, incredibly well attended. FUTURE PropTech 2019 was a big hit and a truly global affair. For...

15 May 2019

From: Breaking News

Independent agents’ group names another top industry firm as partner

The fledgling independent agents’ trade group, the Federation of Independent Agents, has signed another partnership deal with a high-profile industry supplier...

15 May 2019

From: Breaking News

Agency amends sale details after complaint sent to advertising watchdog

North East England regional agency chain Bradley Hall has amended details for a property listed on its website following a complaint...

15 May 2019

From: Breaking News

Free-to-list portals aiming for one million listings by end of 2019

New free-to-list portals Residential People and Commercial People are aiming to secure one million property listings by Q4 2019. The portals -...

14 May 2019

From: Breaking News

320-mile trip to Lincolnshire? How far would you go to get a contract signed?

Here at Estate Agent Today, we're always pleased to highlight the lengths the best agents will go to provide outstanding customer...

14 May 2019

From: Breaking News

Brexit snub: EU movers' interest in UK plummets since 2016

Home movers from the European Union have become less interested in moving to the UK, according to new research. Analysis of over...

14 May 2019

From: Breaking News

New prime London property portal recruits big industry names

A new portal for the prime London property market has launched this week, recruiting a string of big-name agents.  Vyomm, founded by...

14 May 2019

From: Breaking News

Conveyancing disruptor paying upfront referral fees launches

Conveyancing platform The Moving Hub has this week launched its proposition into the estate agency and mortgage intermediary sectors. The firm is...

14 May 2019

From: Breaking News

More details emerge on Countrywide’s closure programme

Further details of Countrywide's closure and consolidation programme, first revealed by Estate Agent Today on Friday, have emerged over the weekend. A...

13 May 2019

From: Breaking News

The UK's best agents and suppliers revealed at 16th annual ESTAS awards

The scores have been counted and the results are in for the 2019 ESTAS Awards, sponsored by Zoopla. On Friday, over 1,000...

13 May 2019

From: Breaking News

Another online agency launches no sale, no fee package

99home is the latest online agency to launch a no sale, no fee option for its vendors. The firm, which was launched...

13 May 2019

From: Breaking News

'Brexit blip' failing to discourage overseas buyers, says top London agent

A top London estate agency says interest in the capital's residential property from US and Indian buyers has soared over the...

13 May 2019

From: Breaking News

Property Jobs Today - all the latest industry moves

Welcome back to the latest edition of Property Jobs Today (PJT) after a Bank Holiday break. Each week, we round up...

13 May 2019

From: Breaking News

Countrywide branch closures and staff redeployment underway

Estate Agent Today understands that Countrywide has started a programme involving branch closures and redeployment of staff. Unlike other branch closure programmes by...

10 May 2019

From: Breaking News

Historic London agency aims to expand with new franchise offering

London agency Chestertons is launching a franchise offering which will allow businesses outside of the capital to operate under the Chestertons...

10 May 2019

From: Breaking News

Click and collect? Platform allows agents to sell properties 'instantly'

An online auction platform has launched a new instant property purchase feature as part of its expansion plans. Under The Hammer, a...

10 May 2019

From: Breaking News

Latest Brexit delay attracts sellers back to the market

Thousands of homeowners listed their properties for sale in the days following the latest Brexit delay on April 12, new research...

10 May 2019

From: Breaking News

Marsh & Parsons bucks market trend by opening 31st London office

One of the capital's best-known agents, Marsh & Parsons, has expanded its network with a new office in Streatham Hill, South...

10 May 2019

From: Breaking News

Agents Do Charity - in a week full of miracles

For the industry's football lovers, the notable achievements and never-say-die attitude of both Liverpool and Tottenham Hotspur on the European stage...

10 May 2019

From: Breaking News

Industry veteran launches hybrid and offers to sell 50 homes for free

An industry veteran is launching a new hub-based hybrid agency and is offering to sell 50 homes for free to raise the...

09 May 2019

From: Breaking News

Major agency announces first acquisition since new ownership

Major regional agency Humberts, which was bought out of administration last year, has announced the first acquisition since its new owners...

09 May 2019

From: Breaking News

Historic property details create modern buzz for regional agency

A set of historic property details unearthed by a local resident have created a buzz on social media and in the...

09 May 2019

From: Breaking News

Selling like hotcakes? Britain's fastest property markets revealed

Fresh analysis by Zoopla has revealed Britain's fastest moving property markets with the lowest number of average days for a seller...

09 May 2019

From: Breaking News

Products and partnerships - PropTech suppliers unveil latest agent solutions

Two PropTech suppliers have this week announced new partnerships and products with the aim of helping estate agents.  Firstly, sales progression and...

09 May 2019

From: Breaking News

Complaints against agents on the rise, says Property Ombudsman

The Property Ombudsman (TPO) has released its annual report for 2018, showing a 16% rise in the number of complaints made...

08 May 2019

From: Breaking News

Purplebricks share price slides further following Michael Bruce departure

Following yesterday's surprise news that founder Michael Bruce is leaving the business and its Australian operation is closing down, Purplebricks encountered...

08 May 2019

From: Breaking News

PropTech Today: Market transformation – deterring, championing and Purplebricks

I hope you had another wonderful Bank Holiday weekend; only three weeks to hold on until the next one. Personally, it...

08 May 2019

From: Breaking News

Revealed: agents drop Rightmove in favour of OnTheMarket

OnTheMarket has revealed several agents have signed up to the portal on long-term contracts and stopped listing properties on Rightmove. The agencies...

08 May 2019

From: Breaking News

Government launches ‘How to sell’ and ‘How to buy’ booklets

The Ministry of Housing, Communities & Local Government (MHCLG) has launched its long-awaited ‘How to sell a home’ and ‘How to...

08 May 2019

From: Breaking News

Missing in Action: Agency calls in police over stolen boards

An estate agency has contacted the police after 26 of its boards disappeared since September 2018.  Manor Estate Agents, an all-female agency...

08 May 2019

From: Breaking News

Michael Bruce leaves Purplebricks and company shuts Australian business

In a shock announcement Purplebricks says founder Michael Bruce is to leave the business and its Australian operation will shut. “With hindsight, our rate of...

07 May 2019

From: Breaking News

Caught Red Handed - Agents ‘lying and deceiving’ to poach instructions

A London sales and lettings agent has revealed to Estate Agent Today some of the tactics used by his rivals in...

07 May 2019

From: Breaking News

Massive discounts up to 21% for prime London homes, says bank

Some of the most expensive properties in London are selling typically between 13 and 21 per cent off the asking price. And...

07 May 2019

From: Breaking News

Instant valuation tool being ‘retired’ with agents advised to switch

Landmark Information’s online valuation tool SmartVal is being retired by the company, with agents who use it being advised to switch to...

07 May 2019

From: Breaking News

PropTech trade body relaunches in bid to win wider industry support

The UK PropTech Association, set up in early 2017 with the objective of promoting engagement between tech business and the property...

07 May 2019

From: Breaking News

Equity release chiefs upbeat after record-breaking quarter

Equity release, seen by many agents as a reason why fewer older homeowners are downsizing these days, has reported more growth...

07 May 2019

From: Breaking News

OnTheMarket share trading frozen temporarily after 10% price slump

Trading in OnTheMarket’s shares was subject to two so-called Price Monitoring Extensions - temporary freezing of transactions because of erratic movements. The...

03 May 2019

From: Breaking News

New blow for Purplebricks as another bank slashes share forecast

Another bank has slashed its forecast for Purplebricks, citing concerns over its the long-term viability of its international activities in particular. As...

03 May 2019

From: Breaking News

Brexit breathing space leads to surge in applicants and deals done

The breathing space offered by the October Brexit deadline and the receding prospect of a No Deal exit from the EU...

03 May 2019

From: Breaking News

Independent agents’ new FIA group reveals bespoke training for members

The new independent estate and letting agents’ body, the FIA, has unveiled what it calls an exclusive online training platform for...

03 May 2019

From: Breaking News

Fees Ban, compliance and new business on agenda at Guild's roadshows

The Guild of Property Professionals' regional roadshow for existing and potential members, resumes its activities next week with a visit to...

03 May 2019

From: Breaking News

Agents Do Charity - and here’s another long weekend to fund-raise…

Hello and welcome to another one of those great long weekends that come along often at this time of year -...

03 May 2019

From: Breaking News

Stamp duty revenue collapses by over a quarter as transactions tumble

A new and comprehensive analysis of the housing market shows a jaw-dropping collapse in stamp duty revenue going to the Treasury...

02 May 2019

From: Breaking News

Countrywide: another day, another record low share price

Countrywide’s share price woes continued yesterday with another new low being reached in early morning trading. A low of 6.5p at close...

02 May 2019

From: Breaking News

Sales take over 50% longer than a year ago in some parts of the UK

A new analysis suggests that sales of more than four out of five homes in the UK are taking at least...

02 May 2019

From: Breaking News

Quiz A Minister: send your questions on replacing leasehold with commonhold

In recent weeks our campaign to replace leasehold with commonhold has continued to gather momentum both in the press and across...

02 May 2019

From: Breaking News

Silver lining for housing market as first time buyer numbers rise

There’s a silver lining to another set of stodgy housing market figures - at least one sector, for those buying their...

02 May 2019

From: Breaking News

ESTAS organisers reveal their guide to the big day…it’s just next week

The organisers of next week’s ESTAS Estate & Letting Agent Awards, the biggest and glitziest event on the industry calendar, have...

02 May 2019

From: Breaking News