New figures from HM Treasury have revealed that businesses, including a number of major agencies, have returned £1.3 billion in furlough...
Archive
22 September 2021
From: Breaking News
03 July 2021
From: Features
![OnTheMarket success: agency numbers up, in profit, repays furlough](/img/default/eat.png)
OnTheMarket’s new chief executive has posted his first full year’s trading figures - and they suggest the portal is making progress...
08 June 2021
From: Breaking News
![Almost 20,000 property industry staff are still on furlough](/img/default/eat.png)
Figures released from the government show 19,400 people in the real estate sector are still on furlough - suggesting some agents have back...
04 June 2021
From: Breaking News
![Purplebricks excluded from industry league table despite surge in instructions](/img/default/eat.png)
A controversial league table of corporate agents’ market share is deliberately excluding Purplebricks and other online agencies. This is despite Purplebricks this...
20 May 2021
From: Breaking News
![Furlough funding refunded to government by major agency group](/img/default/eat.png)
Another major agency group has agreed to repay substantial sums it claimed under the government's Coronavirus Job Retention Scheme, introduced to...
28 April 2021
From: Breaking News
![Property market evolution - it’s a balancing act for all of us](/img/default/eat.png)
The UK property market is always evolving but never as quickly as it is now. Traditional estate agents are seriously questioning...
07 April 2021
From: Features
![Should Foxtons repay its furlough money?](/img/default/eat.png)
Pressure is building on London agency Foxtons to repay its furlough funding. The company issued an upbeat trading statement on Wednesday; while...
12 March 2021
From: Breaking News
![Property tax rises and falling house prices coming in 2021](/img/default/eat.png)
Property tax rises and falling house prices look as if they are on the way according to the small print accompanying...
26 November 2020
From: Breaking News
![Will extended furlough help struggling agents and suppliers?](/img/default/eat.png)
Chancellor Rishi Sunak has extended the furlough scheme until the end of March. It will continue under the current rules, with the...
06 November 2020
From: Breaking News
![How to stay on top of arrears during a global pandemic](/img/default/eat.png)
How to stay on top of arrears during a global pandemic Many have speculated, though much of it is anecdotal – how...
08 October 2020
From: Sponsored Content
![How will the end of the furlough scheme affect the rental market?](/img/default/eat.png)
The Coronavirus Job Retention Scheme, better known as the furlough scheme, was introduced by the chancellor Rishi Sunak in March to...
26 September 2020
From: Features
![Will agencies benefit from Sunak’s new ‘after-furlough’ measures?](/img/default/eat.png)
Chancellor Rishi Sunak today reveals his latest measures to help businesses - including agencies, suppliers and other parts of the property...
24 September 2020
From: Breaking News
![The agency that stood by its staff even as profits tumbled](/img/default/eat.png)
Connells Group has announced its trading statement for the first half of 2020 - and its support for its staff is...
12 August 2020
From: Breaking News
![Top agency group “increasingly optimistic” about market despite Covid](/img/default/eat.png)
The chairman of LSL Property Services - Simon Embley - says he is “increasingly optimistic” about the outlook for the market,...
05 August 2020
From: Breaking News
![Furlough Fraud: HMRC targets property firms for investigation](/img/default/eat.png)
A law practice says HM Revenue & Customs is launching a probe into companies that have allegedly abused the Coronavirus furlough...
04 August 2020
From: Breaking News
![Redundancies at OnTheMarket ‘under consideration’ admits portal](/img/default/eat.png)
OnTheMarket has confirmed it is “considering” making redundancies - the second of the large portals to be in this position. Rumours have been...
03 August 2020
From: Breaking News
![Foxtons claims over £4m of government help - trading statement](/img/default/eat.png)
A trading statement from Foxtons this morning reveals that 85 per cent of staff are now off furlough, and that the...
28 July 2020
From: Breaking News
![Rightmove says no to massive windfall from taxpayers](/img/default/eat.png)
Rightmove says it’s going to reject over £150,000 in payouts from the government's Coronavirus Job Retention Scheme. The portal furloughed 160 employees...
20 July 2020
From: Breaking News
![Stamp Duty changes and Furlough Bonus scheme announced by Sunak](/img/default/eat.png)
Chancellor of the Exchequer Rishi Sunak has announced that there will be no stamp duty on homes selling for £500,000 or...
08 July 2020
From: Breaking News
![How to avoid delays as the property market recovers](/img/default/eat.png)
Buyer registrations and sales enquiries are reportedly back to pre-Covid levels. Completions, however, are lagging behind. This is probably down to...
27 June 2020
From: Features
![Cashflow crisis likely for agents later this year - warning](/img/default/eat.png)
Estate agents are likely to get through the next five to six months even if the market falls away - but...
15 June 2020
From: Breaking News
![Countrywide branch faces police and HMRC threat after furlough allegation](/img/default/eat.png)
The managing director of a Winkworth branch is threatening to report a senior member of a nearby Countrywide office to the...
10 June 2020
From: Breaking News
![LSL bring staff back off furlough as board takes one third pay cut](/img/default/eat.png)
LSL Property Services has this morning released details of its response to the Coronavirus crisis. All members of its board have taken...
05 June 2020
From: Breaking News
!['Furlough could wreck housing market' - warning to government](/img/default/eat.png)
The government is jeopardising the success of the housing market relaunch through the inflexibility of the furlough scheme, claims a group...
27 May 2020
From: Breaking News
![Furlough changes: Agencies and suppliers must pay some wages](/img/default/eat.png)
The Chancellor has revealed how he will wean businesses off the Coronavirus Job Retention Scheme - meaning that agencies and suppliers...
26 May 2020
From: Breaking News
![Some agents still financially insecure despite furlough extension](/img/default/eat.png)
The announcement by the Chancellor of the Exchequer that he was extending the furlough scheme until the end of October appears...
13 May 2020
From: Breaking News
![Let Sales Resume! Pressure piles on government from agents and suppliers](/img/default/eat.png)
Three of the highest profile industry suppliers and house moving services have given government a four-step plan to restart the housing...
05 May 2020
From: Breaking News
![Countrywide senior staff have pay cut as 78% of workforce furloughed](/img/default/eat.png)
Countrywide’s senior staff earning over £45,000 per year have had their pay cut by a fifth while some 78 per cent...
30 April 2020
From: Breaking News
![Unsure if your agency can claim business support? This tool should help…](/img/default/eat.png)
If there are agents still uncertain as to whether their company or themselves as individuals are claiming the maximum business support,...
23 April 2020
From: Breaking News
![Furlough: agencies must register by end of today for April 30 payout](/img/default/eat.png)
Today is the final day that agencies can register with the government scheme offering furlough pay on April 30. The furlough programme...
22 April 2020
From: Breaking News
![Agents Jobs At Risk: furlough scheme must be longer says industry chief](/img/default/eat.png)
A high number of agents across the country have been furloughed in recent weeks and are now at risk of losing...
16 April 2020
From: Breaking News
![Top agency furloughs staff and cuts senior management salaries](/img/default/eat.png)
Knight Frank is furloughing agents and other staff with the company topping up the taxpayers’ funding to ensure employees get 100...
14 April 2020
From: Breaking News
![Property Natter – doing our bit to help the industry through this crisis](/img/default/eat.png)
We are still living in highly extraordinary times, perhaps evidenced best by the fact that the Prime Minister, Boris Johnson, was...
11 April 2020
From: Features
![NAEA/ARLA ask government to include commission in pay rescue deal](/img/default/eat.png)
The NAEA and ARLA have jointly written to the government asking it to include agents’ commission in its plans to help those financially...
06 April 2020
From: Breaking News
![How To Furlough - a key way to keep staff as we're Conquering Corona](/img/default/eat.png)
Welcome to the latest edition of our daily service dedicated to advice and guidance on how agents can best cope with...
01 April 2020
From: Breaking News
![Purplebricks reveals massive cost-cutting measures to stay afloat](/img/default/eat.png)
Purplebricks has this morning revealed what it calls “immediate and significant measures to preserve cash and implement a lean operating model”...