More than 60,000 property and real estate businesses have started the year in ‘financial distress,’ a professional services and insolvency firm...
Archive
![Renters Reform: a mistiming in regulatory direction?](/upload/images/RPT%20Feature%200507.png)
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
![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
![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
![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
![Darren Loftus, Commercial Director at OfferPal](/img/default/eat.png)
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](/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
![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
![Purplebricks wins apology from agency that claimed it was going bust](/img/default/eat.png)
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](/img/default/eat.png)
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](/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
![Brexit and SDLT 'causing market to stagnate' warns property specialist](/img/default/eat.png)
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](/img/default/eat.png)
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
![PropTech Today: The estate agent in 2050 - utopia or dystopia?](/img/default/eat.png)
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](/img/default/eat.png)
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
![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
![One in five estate agencies 'at risk of going broke' warns analyst](/img/default/eat.png)
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
![Thousands of agencies in financial distress warns insolvency firm](/img/default/eat.png)
An insolvency firm active in the property sector says that after a year of major taxation, legislative and economic volatility, many...