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KEYWORD "Distress" - 74 RESULTS
Real estate named ‘most distressed sector’

The European real estate market is the most distressed sector across Europe, research suggest. The latest Weil European Distress Index suggests the...

15 April 2024

From: Breaking News

Property Natter - Business as usual with the new normal....if the price is right

I was chatting to a genuine city gent the other day (someone who has enjoyed a career in suits, ties, shares...

02 March 2024

From: Features

Real estate dubbed most distressed sector - warning

The European property market is the most distressed sector, new research suggests. The latest Distress Index, from restructuring firm Weil, has warned...

06 February 2024

From: Breaking News

More than 60,000 property firms at risk of insolvency - warning

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

Rising fraud in the lettings industry: why we need faster and more accurate referencing solutions

Fraud in the lettings industry is reaching unprecedented heights. Now, more than ever, there is a need for a revolution in...

09 December 2023

From: Features

CTS Cyber Attack: 'What lessons need to be learned?'

This week saw around 80 conveyancing firms across the UK paralysed by a service outage caused by a ‘cyber incident’ on...

02 December 2023

From: Features

Major housebuilder warns economic uncertainty is deterring buyers

Trading conditions in the housing market have worsened during this summer, Crest Nicholson has warned. A trading update from the housebuilder said...

22 August 2023

From: Breaking News

Michael Gove has finally done something sensible

It’s not a sentence that I thought I would be writing, but Housing Secretary Michael Gove has indeed finally done something...

15 July 2023

From: Features

Renters Reform: a mistiming in regulatory direction?

The long-awaited Renters Reform Bill was finally introduced in Parliament in May, but is it really good news for tenants? Several...

08 July 2023

From: Features

Agents Do Charity - community causes

Check out some of the latest charitable endeavours from agency and property brands this week. If you have a charitable event or...

30 June 2023

From: Breaking News

Andrews returns to Zoopla

Zoopla has sealed a new long-term contract with estate agent Andrews, which encompasses 44 branches across southern England.  Andrews has signed up...

13 June 2023

From: Breaking News

Doorsteps among collapsed agents ejected from redress scheme

Eight agents were excluded from The Property Ombudsman (TPO) scheme during the first quarter of 2023 including collapsed online brand Doorsteps for...

06 April 2023

From: Breaking News

Why material information does and should matter to you

According to the recent industry research report ‘Back to the Future’ from tmgroup, mio and CDS 40% of property transaction delays...

01 April 2023

From: Features

Everything You Need To Know About the 2023 Housing Market

New year, old worries: what’s happening in the housing market? We’ve asked experts and collated forecasts, 15 in total. On the one...

07 January 2023

From: Features

Major agency brand predicts ‘sluggish’ market ahead 

The housing market is set to turn “sluggish” rather than experiencing a major slump, new predictions claim. Agency and property consultancy brand...

01 November 2022

From: Breaking News

Second Home Owners urged to take in Ukrainian refugees

This probably isn’t what wealthy buyers in one of the UK’s most expensive areas expected to hear, but a plea has...

14 March 2022

From: Breaking News

HMRC debt-chasing as thousands of property firms hit ‘financial distress’

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

Change is coming – how can we improve the homebuying process?

With property transactions taking longer than ever and many people operating at capacity, it is easy to overlook the progress made,...

28 April 2021

From: Features

Red Flag! Insolvency firm warns of growing distress in property sector

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

Online agency says it will buy vendors' properties from them

Emoov’s new 'guaranteed offer' service means fall-thoughs and chain-related delays are effectively eliminated, the agency claims. Emoov - now owned by a firm...

26 March 2021

From: Breaking News

Soaring distressed property firms are ‘just tip of large iceberg’

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

Agents demand immediate tax action to help market

NAEA Propertymark has written to the Scottish Government demanding it extend the current Land and Buildings Transaction Tax holiday - the...

17 December 2020

From: Breaking News

Countrywide meeting later this month to decide company fate

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

02 November 2020

From: Breaking News

Major Countrywide shareholder rejects investment proposal

One of Countrywide’s largest shareholders has come out against a £90m investment package in the company proposed by a private equity...

22 October 2020

From: Breaking News

Countrywide gets £90m lifeline and top management clear-out

The troubled Countrywide group has announced a £90m investment by Alchemy Partners, a private equity company that specialises in investing in...

22 October 2020

From: Breaking News

Record number of property firms suffer ‘Red Flag’ financial distress

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

Distressed agents may benefit from latest commercial eviction ban

Estate agents facing crippling running costs as the wider impacts of the Coronavirus crisis hit home may benefit, at least in...

25 June 2020

From: Breaking News

Darren Loftus, Commercial Director at OfferPal

Who are you and what does it say on your business card? I'm Darren Loftus and it says Commercial Director on...

18 June 2020

From: 60 Second Interview

Property firms hit ‘critical distress’ level even before worst of virus

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

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

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

More agents and property firms show “significant financial distress”

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

Agents Do Charity: the close shave for the hairy upper lip edition…

If you haven’t noticed, it’s November already - a month where it’s increasingly popular for men to grow moustaches for charity....

08 November 2019

From: Breaking News

Viewings - these problems deter would-be buyers

A new survey claims to have discovered the sights and experiences that most deter would-be buyers when they view homes on...

29 August 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

Agent shuts business and rips into 'lying sellers and lazy solicitors'

Maverick Cornish estate agent Chris Wood has quit the industry with a stinging attack on those who have “taken their toll”...

11 March 2019

From: Breaking News

Dual Fees: first agent ‘must have done viewing’ to claim fees

The Property Ombudsman has issued new guidance over what it calls “a growing issue” - that is, disputes over dual fees. TPO...

11 March 2019

From: Breaking News

Red Flag Alert after surge in agencies hitting financial distress

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

Distressed sellers offer 20% discounts on London off-plan homes

A leading buying agent says 2019 is likely to see the continuation of last year’s trend where distressed sellers accept discounts...

11 January 2019

From: Breaking News

Purplebricks wins apology from agency that claimed it was going bust

A branch of the Haart estate agency is reported to have apologised to Purplebricks for claiming that the hybrid agency was...

07 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

Why estate and letting agents need to futureproof their businesses

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

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

Brexit and SDLT 'causing market to stagnate' warns property specialist

A downbeat report from property investment specialist London Central Portfolio says “there are very few causes for optimism in the domestic...

29 August 2018

From: Breaking News

Significant financial distress felt by many more agencies

A report out today shows a 19 per cent rise in the number of property businesses classified as being in “significant...

24 July 2018

From: Breaking News

Referral fees – why a ban won’t make services cheaper

We are currently engaged in consultations with our members to help to find a practical solution to the concern of the...

21 July 2018

From: Features

PropTech Today: The estate agent in 2050 - utopia or dystopia?

By now we’ve all seen news about the long-term decline in property sales and competition from online alternatives leading to ‘more...

04 July 2018

From: Breaking News

153 estate agents go bust and 7,000 at risk, says insolvency firm

An insolvency firm claims 153 estate agencies have gone bust in the past year with more than 7,000 “showing signs of...

02 July 2018

From: Breaking News

Latest Prime Central London property trend - buy a wreck and do it up

Wary buyers reluctant to risk buying a premium-priced property in the volatile prime central London market are adopting a perhaps-surprising tactic...

28 June 2018

From: Breaking News

Humberts ‘inundated with offers’ - but some redundant employees unpaid

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'

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

Robert Reed  Head of Tarporley Office, Wright Marshall

Q. How did you get in to the property industry? My career in the property industry actually started out as a holiday...

01 February 2018

From: 60 Second Interview

Group slams 'incredibly weak' government leasehold reforms

A specialist leasehold enfranchisement firm has branded government leasehold reforms as "incredibly weak". In an announcement lost in the noise following Damian Green’s sacking,...

22 December 2017

From: Breaking News

SOS: are you a business in distress?

Despite the fact that eight out of 10 statistics are reportedly made up (if you can believe that figure), I bet...

02 September 2017

From: Features

Ombudsman warns that expelled agency may be trading illegally

The Property Ombudsman has expelled a London lettings and estate agency for a year and is warning that the firm may...

23 August 2017

From: Breaking News

Quiet at the back - agency reveals noise issues which deter buyers

Jackson-Stops & Staff has revealed what it believes to be the main noise problems that deter buyers and distress existing owners. A...

17 August 2017

From: Breaking News

One in five estate agencies 'at risk of going broke' warns analyst

Some 19 per cent of estate agents in the UK currently show warning signs that indicate they are at risk of going...

31 July 2017

From: Breaking News

£3m boost for start-up helping traditional agents challenge onliners

PropTech start-up OneDome - which describes its products as allowing traditional estate agents to challenge Purplebricks and other online rivals -...

13 July 2017

From: Breaking News

What do estate and letting agencies usually sell for?

There’s barely a week that goes by when you don’t read about an estate or letting agency business that’s been acquired...

10 June 2017

From: Features

Property auctions market round-up Q1 2017

Auctions are a great way to sell property competitively, with a wide range of homes often selling under the hammer, and...

06 May 2017

From: Features

Fear that probate fees rise could be 'a new inheritance tax'

Ministry of Justice probate fee changes coming into effect this spring will affect all individuals inheriting an estate worth more than...

03 March 2017

From: Breaking News

Guilty agency deeply distressed by buyer's 30-foot fall at viewing

The estate agency which was fined £200,000 after a prospective house buyer fell 30 feet into a well during a viewing...

27 February 2017

From: Breaking News

Agents Do Charity - the half term edition...

Let’s not be distressed that we’re already over 10 per cent of the way through the year - yes, really -...

17 February 2017

From: Breaking News

Mergers of independent agents: how to achieve completion

From the outset of any merger, it is vital that each agency understands and can identify its purpose and the USP...

04 February 2017

From: Features

How to avoid the disconnect associated with outsourcing

If this past year is anything to go by, outsourcing is firmly on the agenda for estate agents. Rather than being...

04 February 2017

From: Features

Thousands of agencies in financial distress warns insolvency firm

An insolvency firm active in the property sector says that after a year of major taxation, legislative and economic volatility, many...

19 December 2016

From: Breaking News

Estate agent becomes a hero by saving man from drowning

The head of Oasis estate agency in Staines has become a hero after saving a man from drowning after a pair...

19 July 2016

From: Breaking News

Agents Do Charity - or should that be May do charity?

We’re used to remarkable changes in just a short time - a week ago, who would have thought Theresa May would...

15 July 2016

From: Breaking News

Why I've said no to PLC approaches

Do you remember Martha Lane-Fox? She was the poster girl for lastminute.com and an icon of the dot.com bubble that ended...

15 January 2016

From: Features

Sean Hooker, Head of Redress, PRS

Who are you? I’m the Head of Redress at the Property Redress Scheme. I previously worked for Legal & General PLC dealing...

23 December 2015

From: 60 Second Interview

'Revenge porn' online pictures lead to jail for jilted estate agent

An estate agent who was jilted by his girlfriend has been jailed for sending explicit sexual images of her to another...

29 October 2015

From: Breaking News

New website plans to identify homes where buyers can try for discounts

A new website promises ultimately to identify 'mispriced' properties, including those which have the highest probably of being secured at a...

12 October 2015

From: Breaking News

Crowded house: are you super vigilant?

I don't think there is one person in lettings and property management who isn't alarmed at the scenes just over the...

03 July 2015

From: Features

Fee disclosure: Are you ready for an inspection?

Earlier this week we passed the official deadline for letting agents to fully publicise their fees as well as providing evidence of...

29 May 2015

From: Features

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