Property market conditions in the new-build sector are likely to remain subdued this year. Persimmon has claimed. An outlook in the house...
Archive
![More than 60,000 property firms at risk of insolvency - warning](/upload/images/Shutterstock-only%20images/Rental%20Market/LearningAgents-400x310.png)
More than 60,000 property and real estate businesses have started the year in ‘financial distress,’ a professional services and insolvency firm...
23 January 2024
From: Breaking News
![Doorsteps assets sold for just £3,000](/upload/images/Shutterstock-only%20images/Property%20Market/PropertyNews3-400x310.png)
The intellectual property of collapsed online agency brand Doorsteps has sold for just £3,666. Begbies Traynor, the liquidator for Doorsteps, sought offers...
10 January 2024
From: Breaking News
![Buyer sought for Doorsteps’ intellectual property](/upload/images/Shutterstock-only%20images/PropTech/PropertySearch-400x310.png)
The liquidator for Doorsteps is seeking a buyer for the collapsed online agent’s intellectual property. Prospective buyers have been messaged by restructuring...
20 April 2023
From: Breaking News
![Rightmove market position boosted by ‘estate agent reliance’](/upload/images/Shutterstock-only%20images/Property%20Market/Statistics-400x310.png)
Agents may have been slightly put out by Rightmove reporting a boom in user fees despite a drop in members, but...
06 March 2023
From: Breaking News
![Major housebuilder warns of housing market slowdown](/upload/images/Shutterstock-only%20images/Property%20Market/PropertyNews2-400x310.png)
Housebuilder Barratt Developments has implemented a hiring freeze and reduced land approvals as it warns of uncertain buyer confidence. A half-year trading...
12 January 2023
From: Breaking News
![HMRC debt-chasing as thousands of property firms hit ‘financial distress’](/upload/images/library/UK-Cash-NEW-400x310.jpg)
Despite the roaring housing market, a new report says that no fewer than 70,500 real estate and property businesses are showing...
03 November 2021
From: Breaking News
![Urgent warning to agencies over repayment of Coronavirus debt](/img/default/eat.png)
There’s a new warning that the estate agency industry may be in a more fragile financial condition than before the pandemic,...
30 April 2021
From: Breaking News
![Red Flag! Insolvency firm warns of growing distress in property sector](/img/default/eat.png)
An insolvency specialist is warning that the real estate sector of the UK is seeing more firms in financial distress despite...
23 April 2021
From: Breaking News
![Soaring distressed property firms are ‘just tip of large iceberg’](/img/default/eat.png)
Despite the booming housing market the whole property sector - a key indicator of the economy's performance - has seen 11,000...
25 January 2021
From: Breaking News
![Record number of property firms suffer ‘Red Flag’ financial distress](/img/default/eat.png)
There’s a record number of property industry companies, including agencies, in financial distress according to the latest Red Flag alert monitor. The...
27 July 2020
From: Breaking News
![Property firms hit ‘critical distress’ level even before worst of virus](/img/default/eat.png)
Property and construction are amongst the worst hit sectors for businesses in so-called ‘critical distress’ according to figures taken before the worst...
22 April 2020
From: Breaking News
![More agents and property firms show “significant financial distress”](/img/default/eat.png)
Insolvency firm Begbies Traynor says the estate agency and property industry sector of the UK economy has seen a big rise...
28 January 2020
From: Breaking News
![Humberts bought by consortium of franchise owners](/img/default/eat.png)
It's been confirmed that Humberts has been sold for an undisclosed amount to a consortium of franchisees - and that the...
24 January 2020
From: Breaking News
![Major agency launches lifestyle service to bolster sales and lettings income](/img/default/eat.png)
Humberts, the agency which was one of the first to ditch High Street offices in favour of fewer larger hubs, has...
25 April 2019
From: Breaking News
![Red Flag Alert after surge in agencies hitting financial distress](/img/default/eat.png)
There has been a nine per cent rise over the past year in estate agency and property industry firms in so-called...
31 January 2019
From: Breaking News
![Why estate and letting agents need to futureproof their businesses](/img/default/eat.png)
A recent 'red flag alert' report from an insolvency firm warned that the number of real estate businesses defined as being...
31 October 2018
From: Sponsored Content
!['Significant financial distress' soars for agencies and property firms](/img/default/eat.png)
An insolvency firm is warning that the real estate sector of the economy is showing a growing number of businesses defined...
26 October 2018
From: Breaking News
![Property Natter: a changing of the guard?](/img/default/eat.png)
The big story to break this week in the property world was the announcement by the new owner of Humberts that...
28 July 2018
From: Features
![Historic agency to abandon branches and move to 'Humberts Hubs'](/img/default/eat.png)
The new owner of Humberts is to ultimately close many of the traditional branches and move to what he is calling...
25 July 2018
From: Breaking News
![Humberts pledges revolution as it concentrates on chocolate box towns](/img/default/eat.png)
Humberts’ new owner has issued a statement saying he is on “a personal mission to revolutionise the industry and become the...
17 July 2018
From: Breaking News
!['Business as usual' for Humberts following sale to luxury holiday firm](/img/default/eat.png)
It will be 'business as usual' for Humberts following the announcement of its sale to Natural Retreats, says the agency's new...
22 May 2018
From: Breaking News
![Humberts purchaser revealed as Natural Retreats](/img/default/eat.png)
It has today been announced that the Natural Retreats group has purchased Humberts. The entirety of Humberts has been included in the...
21 May 2018
From: Breaking News
![Humberts expected to name buyer of troubled agency in next 48 hours](/img/default/eat.png)
Estate Agent Today understands that Humberts will announce a possible buyer of some of its agency activities this week - on...
08 May 2018
From: Breaking News
![Humberts ‘inundated with offers’ - but some redundant employees unpaid](/img/default/eat.png)
The managing director of troubled estate agency Humberts says he has been “inundated” with prospective buyers since news broke over last...
02 May 2018
From: Breaking News
![Brexit: Agencies and sector 'facing significant financial distress'](/img/default/eat.png)
The UK’s real estate sector, embracing estate agencies as well as other aspects of the property industry, has been facing “increased...
26 April 2018
From: Breaking News
![Clients of agency and mortgage firm asked to come forward](/img/default/eat.png)
Former clients of a Scottish estate and letting agency and mortgage company are being asked by a corporate insolvency firm to...