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KEYWORD "Closures" - 105 RESULTS
Many Countrywide branches now shut permanently

Estate Agent Today can reveal that a string of Countrywide offices across the country have been closed in recent weeks - but...

26 October 2020

From: Breaking News

Property Natter: why diversification is the spice of life for agents

The property market has bounced back with all of the expected resilience and flexibility that is its hallmark since it reopened...

24 October 2020

From: Features

Countrywide branches close ahead of private equity investment bid

At least two branches of a Countrywide agency have been closed, shortly before news broke of a proposal for a large...

23 October 2020

From: Breaking News

Over 700 agency branches fail to reopen after spring lockdown

Some 713 estate agency branches have failed to reopen following the spring lockdown according to a business consultancy. TwentyCi says that is the...

20 October 2020

From: Breaking News

Business Interruption Insurance: High Court rules in favour of agents

The result of a test case over Business Interruption Insurance involving agents has been handed down by the High Court. It has...

15 September 2020

From: Breaking News

Business Interruption Insurance: date set for court case result

Agents involved in a test case over their Business Interruption insurance will know the result next Tuesday morning. The test case concluded...

10 September 2020

From: Breaking News

Countrywide - 10 own goals in five years

Hindsight is 20-20 vision, of course, and we can all see things we did ‘then’ that we would not do ‘now’....

22 August 2020

From: Features

Business Interruption Scandal: agents await decision on pay-out

Agents are awaiting the outcome of a test case regarding Business Interruption Insurance, which may determine whether they receive thousands of...

31 July 2020

From: Breaking News

See you in court! Business Interruption Insurance scandal case begins

An eight day court hearing kicks off this morning as the Financial Conduct Authority begins a test case regarding Business Interruption...

20 July 2020

From: Breaking News

Branch closures announced as franchise agency links with building society

Six agency branches are being closed as a result of a partnership between franchise giant Belvoir and the Nottingham Building Society. Under...

09 July 2020

From: Breaking News

Agency losing over 50 jobs says its brand is “very much alive”

The Andrew Grant regional estate agency brand is “very much alive” despite the firm which bore the name losing 54 jobs...

07 July 2020

From: Breaking News

Property supply and demand - what's the latest and what's in store?

We recently issued our Zoopla House Price Index, which analyses the latest real-time trends from the sales market. In our analysis, we...

04 July 2020

From: Features

Rightmove's new fees cut just kicks can down the road, say campaigners

The Say No To Rightmove campaign says the portal has merely kicked the fees can down the road, deferring a long-term...

25 June 2020

From: Breaking News

New owners for agency that shut branches and created ‘hub’ structure

Midlands regional chain Andrew Grant, which last year closed some branches as it moved to a ‘hub’ structure, appears to have...

22 June 2020

From: Breaking News

Business Interruption scandal - eight insurers involved in test case

More details have been released about a test case being brought by the Financial Conduct Authority about the ongoing Business Interruption...

11 June 2020

From: Breaking News

Property Natter - what happened when big lenders had their own estate agencies?

All my recent Natters have been focused on one particular topic, the coronavirus crisis, for obvious reasons. But there has been...

23 May 2020

From: Features

Countrywide wants damages from mystery buyer who pulled out of deal

Countrywide says it is pursuing the businessman who failed to complete on the purchase of the troubled agency’s commercial arm, Lambert...

21 May 2020

From: Breaking News

PropTech Today: 75% of agency branches will close within five years

“A lot of people have learned that they can work at home, or that there’s other methods of conducting their business......

06 May 2020

From: Breaking News

Agents Beware: higher insurance premiums likely despite row over losses

The company at the centre of a controversy over estate agents’ business interruption insurance says its core package does NOT cover...

23 April 2020

From: Breaking News

Why working from home isn’t always all it’s cracked up to be

Let me start by wishing everyone well in these uncertain and precarious times. I truly hope you, your families, friends and...

18 April 2020

From: Features

Rightmove downgraded as bank warns of agency closures accelerating

Investment bank RBC Capital has downgraded its rating of Rightmove and is warning that the property market is entering a prolonged...

17 April 2020

From: Breaking News

Big surge in distress sales even before virus - top agent

One of London’s most experienced estate agents says there has been a very significant surge in foreclosure sales in part of...

30 March 2020

From: Breaking News

Spicerhaart under fire for “inhumane” and “disgraceful” sackings

There has been scepticism across the industry as to the motives behind an unspecified number of lay-offs and permanent branch closures...

23 March 2020

From: Breaking News

It doesn’t have to be like Spicerhaart - another agent’s approach…

While controversy swirls around the approach and motives of the sackings and branch closures at Spicerhaart, other agents are showing how...

23 March 2020

From: Breaking News

Top industry figure criticises Spicerhaart sackings and closures

A senior figure in the industry has spoken out against the shock sackings and branch closures announced by Spicerhaart. Jon Cooke, chief...

21 March 2020

From: Breaking News

LonRes at 20: the lightbulb moment behind one of the first PropTech firms

The lightbulb moment for LonRes was born out of sheer frustration. I’d just missed out on a deal and the postman...

14 March 2020

From: Features

Foxtons warns of sales slump going on through 2020 despite Boris Bounce

Foxtons is warning that 2020 will be yet another difficult year for the agency despite the so-called Boris Bounce helping the...

28 February 2020

From: Breaking News

460 jobs lost in 2019 Your Move/Reeds Rains branch closures

It’s been revealed that the branch closure programme by Your Move and Reeds Rains last year resulted in 460 lost jobs...

20 February 2020

From: Breaking News

Foxtons: another big sales slump revealed in trading statement

Foxtons's trading statement this morning reveals another huge slump in sales - but no new announcement about future branch closures after a spate...

30 January 2020

From: Breaking News

Big revenue slump after branch closures by LSL Property Services

LSL Property Services, which embarked on a significant branch closure programme last year, has reported a 16 per cent slump in...

28 January 2020

From: Breaking News

Happy New Decade … and a look back at three EAT stories from 2010

Here it is - the start of a new decade, a moment for resolutions and remembrance, and the last Bank Holiday...

31 December 2019

From: Breaking News

Connells branches shut but ‘no extensive closure programme’ says firm

Connells has confirmed that it has closed two branches in Dorset in the south west of England, in addition to the...

20 December 2019

From: Breaking News

Connells says branch closure is one-off, not part of wider programme

Connells has confirmed that it’s closing one of its branches on Wednesday with some but not all staff being redeployed. And the...

16 December 2019

From: Breaking News

Foxtons closes more branches as London market woe goes on - report

Foxtons is reported to have closed four more branches across London, backing up widespread industry speculation that the agency is retrenching further in...

11 December 2019

From: Breaking News

Countrywide ‘keeping branch structure under constant review’

Countrywide says it is constantly keeping its current branch structure under review, saying any responsible agency would have to consider the...

02 December 2019

From: Breaking News

Shock estimate that 10 agencies a week have gone bust in 2019

A shock prediction from a property management firm suggests that around 10 estate agencies have gone bust every week in Britain...

18 November 2019

From: Breaking News

Countrywide to integrate iconic London agency into Hamptons brand

Countrywide says London agency Greene & Co, acquired back in May 2015, will become ‘fully immersed’ into its Hamptons International brand...

01 October 2019

From: Breaking News

Property Natter - what makes for an effective CRM?

In a previous Natter, I promised to talk more about CRMs – and here I stick to that promise. Following on from...

21 September 2019

From: Features

PropTech Today: Is PropTech about to burst?

There are those who say that PropTech is at risk of becoming a bubble market, and others who say bubbles don’t...

18 September 2019

From: Breaking News

Branch closures: Large number of offices quit the High Street

A comprehensive report into the changing complexion of the High Street suggests that some 143 estate agents’ offices closed in the...

12 September 2019

From: Breaking News

EweMove hybrid defends recruiting franchisees with no agency experience

The parent company of franchised hybrid estate agency EweMove says that experienced estate agents outperform inexperienced franchisees - but only for...

10 September 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

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

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

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

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

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

Russell Quirk,Co-Founder and Advisor/Non-Exec Director of Properganda

Who are you and what does it say on your business card? That depends on which business card. One says ‘Properganda PR,...

01 July 2019

From: 60 Second Interview

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

Emoov and Countrywide merge: it could have happened…

Emoov and Countrywide: what a pair, observers might say. They present a tale of two failures - although, in the case of...

08 June 2019

From: Features

Which way will you turn at the estate agency industry’s crossroad?

The estate agency industry is at a crossroads. A turbulent market, unstable political situation and a chronic lack of public confidence has...

05 June 2019

From: Features

A moving tide of regulation making its way towards estate agents

It may well seem that the government is pre-occupied with one issue, and one issue alone. While preparations for Brexit take up a...

01 June 2019

From: Features

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

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

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

Property Natter: has Purplebricks' bubble now officially burst?

Whether you love or hate it, Purplebricks has undoubtedly left its mark since arriving on the scene in 2015 – much...

18 May 2019

From: Features

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

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

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

Over 40 jobs at risk as agency chain plans to shut four branches

Local media in the east Midlands report that four estate agency offices operated by the Nottingham building society are to close...

29 March 2019

From: Breaking News

Foxtons: front-office headcount under review as branch closures save £3m

Foxtons has revealed that its six branch closures announced towards the end of last year will save the company £3m in...

29 March 2019

From: Breaking News

Two agencies defy London market by opening new offices

Family-run Chelsea agency Russell Simpson is marking 40 years of business by expanding for the first time in its history, opening...

13 March 2019

From: Breaking News

LSL writes down value of Yopa stake as it pins faith in High Street branches

LSL Property Services, the parent company of Your Move and Reeds Rains, has substantially 'written down' its investment in online estate...

05 March 2019

From: Breaking News

Foxtons rules out new branch closures but suffers huge fall in transactions

Foxtons has ruled out further branch closures as it continues to struggle against what it calls “the continued weakness” of the...

28 February 2019

From: Breaking News

Consultations start on ‘500’ Your Move and Reeds Rains jobs at risk

Formal consultations have started concerning the job losses and branch closures for Your Move and Reeds Rains, revealed yesterday by their...

06 February 2019

From: Breaking News

Huge branch closures announced for YourMove and Reeds Rains

A major restructuring of LSL Property Services has just been announced to shareholders, with substantial numbers of branch closures. The statement says...

05 February 2019

From: Breaking News

Nine agencies have gone bust each week since 2010 - claim

A new property management firm claims that an average of nine estate agencies have gone bust each week since 2010.  Apropos -...

11 January 2019

From: Breaking News

Property Natter – A to Z of the property market for 2018

Another year is nearly done – and what an eventful year it’s been. We’ve had more than our fair share of breaking...

22 December 2018

From: Features

Agencies bite the dust as property sector insolvencies rise

There’s been a four per cent rise in the number of estate agencies becoming insolvent according to a new report. In the...

11 December 2018

From: Breaking News

The Hub Club - another agency shuts branches and opens central office

Yet another estate agency has announced that it’s shutting branches and opening a centralised hub. This time it’s Newman Property Experts, a...

28 November 2018

From: Breaking News

More branch closures likely if Brexit uncertainty goes on - forecast

The closure of Foxtons’ Park Lane office and five other branches in the capital are merely the start of things to come...

27 November 2018

From: Breaking News

Branch closures - 135 fewer independent agency offices

New figures from the British Independent Retailers Association suggest that there are now 135 fewer independent estate agency branches than at...

22 November 2018

From: Breaking News

Rival agency opens new London office within hours of Foxtons’ closures

London estate agency JOHNS&CO, which specialises in new homes, has opened its seventh office in the capital - the announcement came...

14 November 2018

From: Breaking News

Foxtons confirms six branch closures - but says no more to come

Foxtons has this morning confirmed that it has now closed six branches. There was high-level publicity given to the closure of its...

13 November 2018

From: Breaking News

Branch closures: 211 agency offices shut during first half of 2018

Shocking figures from the Local Data Company, a consultancy monitoring the health of High Streets, show that 211 estate agency offices...

12 November 2018

From: Breaking News

Are online agencies in trouble? Investors will decide

However mild the weather may have been for most of us, it’s a cold autumn for the online estate agency market...

10 November 2018

From: Features

Rollo Miles, from Agent & Homes

Who are you and what does it say on your business card? It just says “Agent” for, at the end of the...

08 November 2018

From: 60 Second Interview

Budget briefing - Seven things to watch for today

Perhaps it’s been our pre-occupation with Brexit, or on the other hand maybe we’re bored with politics, but this year’s Budget...

27 October 2018

From: Features

Foxtons says industry-leading technology allows it to close branches

Foxtons says its use of technology allows it to increase the reach of its branches - and claims this is behind...

10 October 2018

From: Breaking News

It’s a good time for agencies to list on the stock market - no, really...

At first sight, to suggest this is a good time for an agency business to go for an IPO - that...

11 August 2018

From: Features

Exclusive: estate agencies closing - data shows how many and where

Data prepared for the BBC and shared with Estate Agent Today gives a snapshot of how estate agencies, lettings agencies and...

01 August 2018

From: Breaking News

Agency boss tells redundant shop workers they should 'join us'

The managing director of independent agency network Spicerhaart says shop workers who are unemployed because of the latest round of retail...

14 June 2018

From: Breaking News

Agency shuts after 30 years to concentrate on legal services

An Oxfordshire estate agency is shutting up shop at the end of this week in order to allow its parent company...

11 June 2018

From: Breaking News

Property Natter – marketing magic, Mr T and GDPR fever

Last time out I looked at the growing importance of content, social media and design – but these should only form...

02 June 2018

From: Features

'Business as usual' for Humberts following sale to luxury holiday firm

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

The future for Countrywide - Paul Creffield interview

The rise and fall - and perhaps rise again - of Countrywide has been of enduring interest to the agency industry...

12 May 2018

From: Features

Humberts denies report of some branches already shut with staff unpaid

Humberts has denied a local press report suggesting at least five of the firm’s 22 offices had already closed with some...

01 May 2018

From: Breaking News

GDPR Weekly: Passing data to third parties

Coming into force on May 25, the General Data Protection Regulation (GDPR) - which replaces the Data Protection Act 1998 -...

01 May 2018

From: Breaking News

Property Natter: agents bucking the high street downturn

Maplin, Toys R Us, Carpetright, Warren Evans – what do they have in common? All are well-known high street chains that...

21 April 2018

From: Features

Strong trading update from Hunters, despite Norfolk troubles

National franchise giant Hunters has delivered a strong trading update, despite what it describes as 'challenging conditions'. Earlier this week, it was...

21 February 2018

From: Breaking News

Who should run Countrywide? What should they do? - our panel speaks out

The story of this week - the ousting of Countrywide chief executive Alison Platt - prompts two key questions. Firstly, who takes...

26 January 2018

From: Breaking News

Stark warning that estate agencies could close in next 12 months

A partner at Carter Jonas says that the next 12 months could see stagnation in the market and as a result...

26 January 2018

From: Breaking News

Countrywide: architect of 'online option' is latest to leave

Sources within Countrywide say the latest senior management figure to leave the company is Sam Tyrer, who under her title of...

17 August 2017

From: Breaking News

Countrywide: 50% of branches will have online option within days

Countrywide says the roll out of its online sales and lettings service is on schedule to reach 50 per cent of...

28 July 2017

From: Breaking News

Cluttons bought by finance company - but some offices to close

The industry magazine Estates Gazette is reporting that Cluttons, the residential and commercial agency, has been bought out of pre-pack administration...

03 May 2017

From: Breaking News

Split stamp duty between sellers and buyers, urges top agent

Trevor Abrahmsohn, one of London’s best known estate agents and a founder of OnTheMarket, says stamp duty should be split between...

03 May 2017

From: Breaking News

Countrywide: £38m share placing may allow it to rival Purplebricks

Countrywide has successfully placed 21.6m shares to institutional investors at the competitive price of 175p per share - allowing it to...

10 March 2017

From: Breaking News

Countrywide share price dips as commercial sell-off revealed

Countrywide’s share price closed slightly down again yesterday to finish trading at 176.0 after news emerged that the group was selling...

16 December 2016

From: Breaking News

Countrywide stays silent on rumours of Bairstow Eves closures

Countrywide says it is unable to comment on speculation that some Bairstow Eves offices in the south of England have been...

08 December 2016

From: Breaking News

Countrywide may drop out of FTSE 250 - but LSL wins seal of approval

It’s a tale of two estate agencies - Britain’s biggest, seemingly in trouble, and the second biggest, winning a seal of...

30 November 2016

From: Breaking News

Countrywide: Platt's revolution goes on despite latest share price slump

Countrywide chief executive Alison Platt has told Estate Agent Today the transformation she wishes to see within the group may take...

25 November 2016

From: Breaking News

Rising number of High Street agency offices despite online 'threat'

Despite the much-publicised 'threat' of online estate agency there were more high street offices opened in the first half of this year...

26 October 2016

From: Breaking News

Countrywide on the slide as share price falls below 200

Countrywide’s share price started the week at below 200 for the first time - about 30 months after it was riding...

17 October 2016

From: Breaking News

Revealed - list of Countrywide branches to close in the near future

Estate Agent Today has received a list of around 60 Countrywide Group estate agency offices expected to close in the next...

02 September 2016

From: Breaking News

Countrywide agency office shuts - a sign of 'brand rationalisation' to come?

Countrywide has closed an office of one of its best-known London brands, Faron Sutaria, and is merging its activities with a nearby...

02 August 2016

From: Breaking News

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