Archive

Foxtons is set to close and consolidate some Ludlow Thompson branches as part of plans to save £3m this year. A trading...

Branches may be closing but the number of estate agency businesses has increased by 2% across the UK over the past...

A shift towards self-employed estate agency models has contributed to a decline in estate agency branches, research suggests. Analysis by property data...

Estate agency insolvencies have increased by 11% over the past 12 months, research suggests. Analysis by audit and accountancy firm Mazars found...

Iamproperty has launched what it calls “a new solution” to help agents deal with new Material Information rules. The supplier’s new Enhanced...

Keller Williams (KW) UK has shifted around responsibility for its market centres amid speculation of closures. The self-employed agency brand’s Aspire market...

HSBC has announced a new round of branch closures but an estate agent suggests there may be a positive side for...

Yesterday afternoon, Helena Marston was finally confirmed as Purplebricks new CEO after all the due diligence checks that are required for...

Following a series of unexplained delays, Helena Marston has now finally been confirmed as the new chief executive of beleaguered agency...

They say that in fashion, if you wait for long enough, clothes that are hanging at the back of your wardrobe...

Hertfordshire agency Sewell & Gardner has cut the ribbon on a refurbished and extended office, which will incorporate two previously-separate branches...

HM Revenue & Customs is reported to be targeting recent home buyers after a slump in income from property taxes during...

The chief executive of Purplebricks says he wants to move his agency’s 600 Local Property Experts from self-employed to employed status...

In this week’s In Conversation Today, I speak to someone who has made an excellent impression on the property industry in...

An agency is backing the conversion of empty retail units into homes - and has figures to prove how big an impact...

Hello and if it’s the end of the week it’s time for Agents Do Charity -  your opportunity to respect all...

A new campaign to urge whistleblowers to come forward with evidence of wrongdoing has been launched by the Financial Conduct Authority. This...

With one of the world’s most successful vaccine rollout programmes under way in the UK, the chances of a complete lockdown...

A newspaper claims that thousands of customers’ financial details held by Foxtons Group are being freely accessed on the so-called dark...

Connells has revealed that it’s to keep the existing Countrywide branch structure and staff headcount when the acquisition process is completed...

Revenues have slumped by 18 per cent at LSL Property Services, the corporate which boasts Your Move and Reeds Rains and...

Countrywide, which is thought to have closed over a fifth of its branches in recent years, has opened a new office...

With a new President elected and the old one reluctant to move out, this is a good time to see how...

Countrywide shares soared yesterday, rising 47 per cent on the previous close at one point as investors relished the prospect of...

Connells has issued a counter statement to this morning’s announcement by Countrywide that a possible takeover is underway. At 7am Countrywide revealed...

It’s been announced this morning that Connells is in takeover discussions with the troubled Countrywide agency group. Countrywide has given Connells until...

Countrywide is to hold a special general meeting on November 18 to consider its future ownership and structure. Last month Countrywide group...

An extensive culling of branches and staff continues apace at Countrywide as it significantly reduces the size of both its office...

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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