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Purplebricks TV ads declared 'misleading' after complaint over fees

The Advertising Standards Authority has ruled that two TV advertisements for Purplebricks cannot be shown again in their current form because...

18 October 2017

From: Breaking News

New analysis shows Purplebricks' massive domination of online sector

A long-standing traditional agent says the real success of online agencies is not their share of the market but that they...

18 October 2017

From: Breaking News

Interest rate rise on the cards after house price hikes fuel inflation

Analysts believe a rise in the Bank of England base rate is on the cards next month as a result of the...

18 October 2017

From: Breaking News

PropTech Today: Getting cosy with the winners MIPIM NYC winners

Last week was MIPIM PropTech Summit 2017 in New York, and it was the most oversubscribed to date - proof of the...

18 October 2017

From: Breaking News

Last chance for agents to shape the digital future of the industry

This is a final call for estate and letting agents to have a say on what may be one of the...

18 October 2017

From: Breaking News

Teenage online boss says his estate agency is already one of UK's biggest

The 19 year old boss of online agency Doorsteps claims that his website has sold £100m worth of homes, currently lists...

17 October 2017

From: Breaking News

Connells in new ZPG deal as portal boss says more acquisitions to come

ZPG has announced that Connells is the latest major agency chain to sign a long-term deal with its portals Zoopla and...

17 October 2017

From: Breaking News

Sales of flats in London have collapsed 47% in one year, says agency

Estate agency James Pendleton says the sales of flats across London have collapsed 47 per cent in only a year -...

17 October 2017

From: Breaking News

Theresa May's right hand man to address agency's forecast event

A man dubbed as Theresa May’s ‘brain’ when he worked in Downing Street has been invited to speak at the annual...

17 October 2017

From: Breaking News

Government to hold housing summit tomorrow as it scrambles for ideas

It has been revealed that the beleaguered government of Theresa May is to hold a summit at 10 Downing Street tomorrow...

16 October 2017

From: Breaking News

Asking prices show biggest October rise since 2014 says Rightmove

Asking prices have risen by an average of 1.1 per cent or £3,432 in the past month according to Rightmove.  This is...

16 October 2017

From: Breaking News

Transactions plummet 20 per cent in one year, says Your Move

Annual house price inflation is 1.3 per cent according to Your Move - even though prices dipped 0.1 per cent in...

16 October 2017

From: Breaking News

Slow progress for crowdfund appeal to mount legal fight over Purplebricks

The crowdfunding appeal by review website AllAgents to mount possible legal action against Purplebricks appears to be making relatively slow progress. As...

16 October 2017

From: Breaking News

New 'speed sharing' format for agents' national conference

The upcoming national conference for the Relocation Agent Network is introducing an innovative format for part of its agenda - speed...

16 October 2017

From: Breaking News

Weekend reading: The future’s digital – have you had your say?

As we outlined in our EAT and LAT stories earlier this week, we (Angels Media) are seeking responses from estate and...

14 October 2017

From: Features

Property Natter: reputation, renewables and an online revolution

They say presentation is key (something that Theresa May now knows all too well after her calamitous conference speech). But equally...

14 October 2017

From: Features

Record staff interviews and avoid unnecessary tribunals

Employment tribunal fees could soon become extinct, after the Supreme Court ruled they were an obstacle to the ‘access of justice’.  Once...

14 October 2017

From: Features

A new type of hybrid agency - with a high street touch-screen

A new firm has launched in Surrey describing itself as “the premium hybrid estate agency” with an innovative presence on the...

13 October 2017

From: Breaking News

'Put your home on market by Tuesday if you want to move by Christmas'

The HomeOwners’ Alliance says vendors must put their homes on the market no later than Tuesday if they are serious about selling by...

13 October 2017

From: Breaking News

Search is on for PropTech Influencers of the Year

The UK PropTech Association and specialist property lending platform LendInvest have joined forces in the search for the PropTech world’s most...

13 October 2017

From: Breaking News

Agents Do Charity - this week, mostly for children

There’s a particularly heart-warming theme to Agents Do Charity this week...several of our heroic industry figures are raising funds for children and...

13 October 2017

From: Breaking News

Stamp Duty ‘could be linked to energy efficiency’ says minister

A minister has floated the idea that stamp duty could be reduced on homes where sellers have improved energy efficiency. Climate Change...

12 October 2017

From: Breaking News

Speculation grows over Agents' Mutual float timetable

Agents’ Mutual is officially making no comment on the timetable for the company flotation but speculation within the industry is mounting...

12 October 2017

From: Breaking News

Buyer enquiries and sales now flatter than any time since Brexit vote

The latest RICS market survey shows that buyer enquiries and transactions slipped back last month with expectations pointing to “a subdued...

12 October 2017

From: Breaking News

'Michael Bruce' chips in for AllAgents legal bid against Purplebricks

A donor with the name ‘Michael Bruce’ has contributed - at least a little - to a fighting fund for review...

12 October 2017

From: Breaking News

Anti-money laundering: only 1 in 300 foreign deals triggers a 'red flag'

One one in every 300 property purchases by overseas buyers trigger a so-called ‘red flag’ with the National Crime Agency -...

12 October 2017

From: Breaking News

Revealed: price per square metre variations in England and Wales

Homes in the most expensive area of England and Wales cost 25 times as much as in the cheapest area, according...

12 October 2017

From: Breaking News

Remind your clients: UK agency fees are competitive

There’s much said in the mainstream press about estate agency fees and how costly they can be for consumers. But one point...

11 October 2017

From: Sponsored Content

OnTheMarket emails suggest shares 'lock-in' is not compulsory

It appears that OnTheMarket member agents can, if they wish, opt out of the five year ‘lock in’ share agreement and...

11 October 2017

From: Breaking News

PropTech Today: Remember who you are dealing with

If an industry, which is going through a major change is going to truly implement change at every level, it must...

11 October 2017

From: Breaking News

Auctioneer bucks market and Brexit with improved business

Auction House says it has enjoyed a rise in its volume of lots sold this year, despite what it admits is...

11 October 2017

From: Breaking News

Fee-fixing: CMA sets out what agencies can and cannot do and say

The Competition and Markets Authority has set out precisely what agents and other companies can and cannot do in the event...

10 October 2017

From: Breaking News

Stamp duty reform at heart of NAEA's ideas for next month's Budget

Stamp duty reform lies at the heart of the submission by the National Association of Estate Agents ahead of next month’s...

10 October 2017

From: Breaking News

Homes that sell do so quicker than in 2012, says Rightmove

The housing market may appear sluggish at best in many areas but data from Rightmove suggests it’s now quicker to sell...

10 October 2017

From: Breaking News

Q&A with Moneypenny Receptionist Amanda Beck

What is your experience in the property industry? I worked in estate agency for 12 years before joining Moneypenny and really enjoyed...

09 October 2017

From: Sponsored Content

Management buy-out for Reapit with major new PropTech investment

After some months of speculation within the industry, high-profile supplier Reapit has confirmed today that it is the subject of a...

09 October 2017

From: Breaking News

Prominent Tory wants stamp duty switched from buyers to sellers

Conservative MP John Stevenson is the latest to throw his weight behind switching the burden of stamp duty from the buyer...

09 October 2017

From: Breaking News

Agents - how are you coping with digital modernisation?

Angels Media and a property technology consultancy are joining forces to conduct the first-ever survey into how agents and other property...

09 October 2017

From: Breaking News

Countrywide HR chief to explain staff feedback and benefits policies

A senior figure in Countrywide’s management team is to explain the troubled group’s benefits policy to a conference of other employers. Neil...

09 October 2017

From: Breaking News

Agents upbeat after index shows unexpected house price rise

House prices across the UK have jumped by an average of 4.0 per cent in the year to September says the...

09 October 2017

From: Breaking News

Back To The Future: a short history of rent controls

Like many of Labour’s recent policy proposals, its call for rent controls leaves more questions than answers.  There has been widespread criticism...

07 October 2017

From: Features

Party conference season - A housing plan for UK Plc

And so concludes another party conference season.  We’ve followed the great and the good (both terms are debatable) around Torbay, Bournemouth,...

07 October 2017

From: Features

Warning: Don’t fall foul of competition rules after CMA fines

The decision by the Competition and Markets Authority (CMA) to fine five estate agents for engaging in a price fixing cartel has...

07 October 2017

From: Features

Agency beefs up London presence ahead of potential headwinds

Carter Jonas has made three key appointments to beef up its London team. Simon Scott has joined as an associate partner in...

06 October 2017

From: Breaking News

New-build glut adds volatility to improving central London market

Respected buying agency Black Brick says there is evidence that prices in prime central London may be stabilising and transactions volumes...

06 October 2017

From: Breaking News

Agents Do Charity - the falling leaves edition...

It’s not just that the days are shortening and the occasional smell of smoke lingers in the evening - the weather...

06 October 2017

From: Breaking News

Pre-completion fall-through rate now up to 28% says quick-buy company

More than one in four house sales across England and Wales fell through before completion in the third quarter of 2017...

05 October 2017

From: Breaking News

Dismay as Tories admit extra housing cash means only 25,000 homes

The Conservative party, in a press statement released to clarify comments made by Theresa May, says the government’s proposed extra £2...

05 October 2017

From: Breaking News

Purplebricks: adviser says the odd detractor doesn't diminish success

The research director of an investment firm which has advised Purplebricks says the “odd detractor” who doesn’t sell their home does...

04 October 2017

From: Breaking News

London agency Douglas & Gordon embraces hybrid part-online model

London’s long-standing chain Douglas & Gordon is the latest company to embrace the concept of the Purplebricks-style hybrid estate agency. The company’s...

04 October 2017

From: Breaking News

PropTech Today: Blockchain - who are the key players?

In his PropTech 3.0 report, Andrew Baum dedicated an entire section to blockchain; it was titled: ‘Blockchain is coming – get...

04 October 2017

From: Breaking News

New board appointed for agency after acquisition by French bank

Strutt & Parker has revealed its new board following the takeover by the real estate arm of French bank BNP Paribas.  The...

04 October 2017

From: Breaking News

England's new homes shortfall 'will exceed one million by 2022' - claim

England faces a growing gulf between new build completions and new households being added to the population according to a new...

04 October 2017

From: Breaking News

UK agency commission amongst lowest in world, new survey shows

UK estate agency commission levels are amongst the lowest in the world according to a league table compiled by an international...

03 October 2017

From: Breaking News

London council wants to levy first-ever mansion tax on high-value homes

A Conservative council in London says it is to be the first local authority in the UK to levy a voluntary...

03 October 2017

From: Breaking News

Independent agents' group CIELA nearly (but not quite) scrapped

The long-running saga of whether independent agents’ group CIELA is ever going to launch appears to be nearing its end game...

03 October 2017

From: Breaking News

Foxtons founder's home soon to be worth a reported £100m

Jon Hunt, the billionaire founder of Foxtons, has come out on top in his bid to dig down -  he has...

03 October 2017

From: Breaking News

Reform high-end stamp duty and whole market would benefit - top agent

If the government slashed stamp duty for the country’s most expensive properties the entire housing market would benefit, an estate agency...

03 October 2017

From: Breaking News

Purplebricks: investment website raises questions over its profitability

Investment website The Motley Fool says comparisons between forecast and actual profits reported by Purplebricks suggest the company’s position isn’t -...

02 October 2017

From: Breaking News

Industry criticism of Tories' monumental mistake in boosting Help To Buy

Figures in the property industry have sharply criticised the announcement made at the Conservative party conference to pump an estimated £10...

02 October 2017

From: Breaking News

Veteran agent loses employment tribunal after giving false evidence

An estate agent with a career of nearly 24 years has lost his employment tribunal after a judge ruled he gave...

02 October 2017

From: Breaking News

More London house price woe but UK market is stable - Nationwide

UK house price inflation is now running at a modest 2.0 per cent but London's housing market has recorded its worst...

02 October 2017

From: Breaking News

Property Natter: Why Uber’s troubles are reflected in estate agency

As those of us in the industry know, there is a fine balance to strike between disruptive technology – and the...

30 September 2017

From: Features

Get paid on time: Q&A with PayProp's Neil Cobbold

Having launched 13 years ago, PayProp, part of Humanstate Group, an international private technology services group, has grown into a leading...

30 September 2017

From: Features

Can estate management open doors for letting agents?

The UK is home to four million leasehold properties in private ownership, according to government figures. The majority of which require...

30 September 2017

From: Features

Vast majority of sellers say local branch staff are key to selecting agent

The vast majority of sellers surveyed by a consumer group say rapport with branch staff in a locally-based office is important...

29 September 2017

From: Breaking News

London housing market may yet become a bubble, warns bank

UBS says London's housing market still faces the risk of becoming a bubble - although that risk has marginally eased over...

29 September 2017

From: Breaking News

Agents Do Charity - with your chance to win new funding too...

Every week we carry reports of how great causes are helped by individual agents and other property professionals - this week...

29 September 2017

From: Breaking News

Purplebricks defends its Local Property Experts after website criticism

Purplebricks has issued a strong defence of its Local Property Experts after an agency comparison website’s analysis was critical of the...

28 September 2017

From: Breaking News

Market confidence still not recovered from election, say building societies

Confidence in buying property remains negative according to the quarterly sentiment measure undertaken by the Building Societies Association. Over a quarter of...

28 September 2017

From: Breaking News

Another petition - this time calling for Help To Buy to be scrapped

Online petitions appear to be the flavour of the week - the latest is calling for the government’s Help to Buy...

28 September 2017

From: Breaking News

Rightmove amongst most profitable portals in the world, says top analyst

One of the most thorough analyses of property portals ever undertaken shows that Rightmove is the world’s most profitable portal company...

27 September 2017

From: Breaking News

PropTech Today: Is the industry solving a non-existent problem?

90% of PropTech’s work is good and vital, but that final ten has the potential to damage the rest. In my Sunday...

27 September 2017

From: Breaking News

Brexit means no prime central London price rises for two years - Savills

Savills has revised its forecasts for the housing market and says that uncertainty over the impact of Brexit points to two...

27 September 2017

From: Breaking News

Mortgage lending boost brightens housing market outlook

Mortgage lending reached £24.2 billion in August according to latest estimates by UK Finance. There were some 41,807 house purchase approvals, with...

27 September 2017

From: Breaking News

Countrywide shares hit another new low as property sector drifts down

Countrywide’s share price hit another new low yesterday of around 115.5p - a fall of just over four per cent on...

26 September 2017

From: Breaking News

Franchise giant uses emotional video to win buyers and landlords

The UK’s largest high street property franchise, Belvoir, has launched a new video called #MovingMemories to attract buyers and landlords to...

26 September 2017

From: Breaking News

Dodgy, Unscrupulous - One estate agent's take on parts of the industry

A campaigning estate agency has taken the distinctly unusual route of exposing what it calls the ‘Top Ten Dirty Tricks’ which...

25 September 2017

From: Breaking News

Traditional agents blame onliners for chain delays and fall-throughs

There is growing concern that online agents who do not chase-up on behalf of clients are leading to delays and fall-throughs...

25 September 2017

From: Breaking News

Over a quarter choose to buy their property on the first viewing

A survey of over 1,700 people has revealed that over a quarter who have purchased their home in the last 12 months...

25 September 2017

From: Breaking News

Ban leasehold houses and new ground rents, MPs urge government

The All Party Parliamentary Group on Leasehold and Commonhold Reform has made a hard-hitting submission to formal government consultations on the...

25 September 2017

From: Breaking News

How many agency business models are there today?

It used to be so easy. Around 20 years ago there were what we now call full-service estate and letting agencies, and...

23 September 2017

From: Features

Purplebricks: advertising watchdog still investigating complaint

The Advertising Standards Authority has confirmed to Estate Agent Today that it is still investigating a complaint lodged against Purplebricks by...

22 September 2017

From: Breaking News

Automated conveyancing system claims to transform buying process

Another attempt to create an automated conveyancing system has been launched with the claim that it will banish paper trails and...

22 September 2017

From: Breaking News

Winkworth opens two new outposts - well over 200 miles from London

Winkworth, one of the largest estate agencies in London, has expanded with two new offices - although they are 235 and...

22 September 2017

From: Breaking News

Agents Do Charity - the helping children edition...

Agents’ charity fundraising obviously spans a wide range of genuinely good causes, but it’s noticeable that at the end of each...

22 September 2017

From: Breaking News

Nicola Jackson, Moneypenny Team Manager

What does your role involve? As team manager for the property team, I make sure PAs and clients are happy and...

21 September 2017

From: Sponsored Content

Facebook gives another signal that it may soon carry property listings

It looks likely that Facebook will soon be able to list homes for sale in the US, in the style of...

21 September 2017

From: Breaking News

Automated valuation system expands with new lead conversion tools

The ValPal Network is launching a new tool for its 4,100 agent users - an area barometer which reflects the buoyancy of...

21 September 2017

From: Breaking News

Appointments - Ex-Savills man joins Harrods; New country consultant

Harrods Estates has recruited an ex-Savills sales negotiator with 10 years of experience working in prime central London. Michael Harte, who will work...

21 September 2017

From: Breaking News

Forget Mum and Dad - now first time buyers can crowdfund deposits

An online platform has been launched with the aim of allowing first time buyers to seek crowdfunding to raise enough cash...

21 September 2017

From: Breaking News

PropTech Today: Mr Bruce’s message of hope

When Kenneth Bruce, co-founder of Purplebricks, published an emotional post on social media this week, my first reaction was; what a...

20 September 2017

From: Breaking News

London sluggish but England and Wales price average nears £300,000

The latest data from Your Move reveals London as still being the area of England and Wales with the lowest house...

20 September 2017

From: Breaking News

Agents unfairly blamed for failings of 'antiquated conveyancing system'

The founder of a new online sales assistance service says agents are often unfairly blamed by the public for failings in...

19 September 2017

From: Breaking News

New London agency wants to employ over 20 freelance agents

A company launching later this month, set up by an ex-Chestertons agent, wants to employ over 20 freelance associates who can...

19 September 2017

From: Breaking News

Revealed - how Ted Dexter inspired an estate agency (well...sort of)

One of the more puzzling questions in London's estate agency industry has been resolved - how a company which appears to...

19 September 2017

From: Breaking News

CMA releases details of estate agents' cartel scheme

The Competition and Markets Authority has for the first time published details of the findings against a group of six estate...

18 September 2017

From: Breaking News

Market - no sign of the early autumn bounce, warns Rightmove

Rightmove’s monthly price index says the average asking price of homes coming to the market has fallen 1.2 per cent in...

18 September 2017

From: Breaking News

Agency heavyweights join forces to launch new prime London consultancy

A former Savills agent and a former Sotheby’s and Knight Frank agent have joined forces to launch a new property consultancy...

18 September 2017

From: Breaking News

Property Natter: estate agency then, now and in the future

How has the world of estate agency changed in the last few decades? That’s the question this week’s Natter is going...

16 September 2017

From: Features

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