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KEYWORD "Profit" - 497 RESULTS
Winkworth sales dip but new franchisees knocking on the door

Winkworth’s trading statement for the first half of 2019 show the company’s revenue and pre-tax profit both dipping slightly - but...

12 September 2019

From: Breaking News

Estate agency is changing

One of the biggest changes seen in the property market over the last decade is technology growth. With the likes of Rightmove...

11 September 2019

From: Features

PropTech Today: Maybe the portals should just take over?

I remember the day well; the day we all fell foul of addiction, the day our website was launched. Until then, at...

11 September 2019

From: Breaking News

New blow for Purplebricks as City expert claims it's grossly over-valued

Purplebricks’ recent strong share price rise is not a good sign for the agency but an indication that it may be...

10 September 2019

From: Breaking News

EweMove hybrid defends recruiting franchisees with no agency experience

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

10 September 2019

From: Breaking News

Is Help to Buy a friend or foe to the property market?

It’s been six years since the Help to Buy scheme was launched, with the honourable intentions of helping more people onto...

07 September 2019

From: Features

Hunters branch network hits 200 with emphasis on IT and local expertise

Franchise giant Hunters says its branch network has now hit 200 following a spate of acquisitions in the first half of...

06 September 2019

From: Breaking News

Help To Buy housebuilders get another government bung

It’s been quite a week for news so you might have missed this story - there is yet another boost for...

31 August 2019

From: Features

Lettings technology - making money, saving costs and improving service

Technology will drive the lettings and property management industry in the future. There is already a plethora of various software and other...

28 August 2019

From: Features

Countrywide veteran says he could float online agency on the stock market

The former Countrywide chief executive Grenville Turner says it is an option for online estate agency Yopa to go to an...

23 August 2019

From: Breaking News

Rawlings Roadshow pledges no-holds-barred inspiration for agents

Richard Rawlings’ annual roadshow opens on September 3 with the first of 17 stops across the UK, each giving a three...

16 August 2019

From: Breaking News

More portals needed to disrupt Rightmove and Zoopla says new rival

A free-to-list property portal says that contrary to opinion within parts of the agency industry, the more portals there are the...

15 August 2019

From: Breaking News

Countrywide insider claims up to 250 branches may have closed

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

14 August 2019

From: Breaking News

Brexit worries mean Savills’ UK residential profits plunge 44%

Savills, once a safe bet for year-on-year growth, has seen its underlying UK residential profits plunge 44 per cent with economic...

09 August 2019

From: Breaking News

OnTheMarket founder agency returns to Zoopla after five years

One of the agencies most active in the creation of OnTheMarket is trialling a return to listing on Zoopla after an...

08 August 2019

From: Breaking News

How can technology help letting agents become more efficient?

Have you asked yourself why technology is so important in letting agency today? Just look around and you will know why. Almost...

03 August 2019

From: Features

Connells repeats claim to be UK's most successful estate agency

Connells Group has repeated its claim, made in recent months in the light of trading figures, that it is now the...

02 August 2019

From: Breaking News

Countrywide wins new deal with lenders to continue ‘turnaround plan’

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

31 July 2019

From: Breaking News

Connells says it's UK's most successful estate agent despite profits dip

Connells Group has this morning announced a profits dip for the first six months of the year.  Its pre-tax profits were £26.2m...

31 July 2019

From: Breaking News

Branch closures boost profits at Your Move and Reeds Rains

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

30 July 2019

From: Breaking News

Rightmove: agency numbers fall 3% but profits and revenue soar 10%

Rightmove’s half year figures this morning continue to show strong growth in profits and revenue - but there are the first...

26 July 2019

From: Breaking News

Tenant fees ban – post-apocalyptic or the dawn of a new age?

Sometimes having prior knowledge of a stressful event can be more stressful than the event itself, just look at Brexit for...

24 July 2019

From: Features

 Backfired! Ban on new-build second homes leads to higher house prices

A bid to ban the building of new homes for out-of-town buyers has backfired on a Cornish community - and now...

24 July 2019

From: Breaking News

PropTech Today: Rightmove fails to understand first rule of innovation

The recent announcement of a clicktopurchase partnership demonstrates some much-needed progression from Rightmove. In doing so, however, it could be said it...

17 July 2019

From: Breaking News

Price falls ahead for overheated London and south east - warning

Online estate agency Yopa is warning of price falls ahead in London and south east England - although price rises elsewhere...

17 July 2019

From: Breaking News

Nationwide building society goes into house-building

The Nationwide building society is to go into house building. It has received planning permission to build 239 new homes for sale...

15 July 2019

From: Breaking News

Theresa May’s legacy - how has housing fared under her government?

Theresa May arrived in Downing Street some three years ago - but her premiership has not been a smooth ride. As she...

06 July 2019

From: Features

Hybrid sector could reach 20-30% market share, says Purplebricks CEO

The new chief executive of Purplebricks believes hybrid agents could win '20-30% market share' in the UK. Vic Darvey, who replaced Michael...

04 July 2019

From: Breaking News

Purplebricks posts £52m loss, 55% revenue rise and confirms US withdrawal

Purplebricks has revealed its annual results for the year ending April 30 2019.  The hybrid agency has posted an operating loss of...

03 July 2019

From: Breaking News

Government blasted over ‘scandalous’ leasehold reform proposals

A leasehold reform campaigner says government proposals risk creating a two-tier market and do nothing to assist leaseholders already hit by...

02 July 2019

From: Breaking News

ONE WAY TO BEAT THE INDUSTRY BLUES

 – use technology to build a trusted brand as a people-focused custodian of client money Non-stop regulatory changes in the industry are...

01 July 2019

From: Sponsored Content

Property Jobs Today - the latest industry movers and shakers…

Hello and welcome to both this week’s PJT and welcome to July. It may be summer and Wimbledon time, but there’s no...

01 July 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

Rightmove warned that it must innovate to survive

An interesting analysis of Rightmove’s performance on the stock market has led to questions about the long-term profitability and viability of...

20 June 2019

From: Breaking News

OnTheMarket says rivals may interfere with its bid to get agents to pay

OnTheMarket chief executive Ian Springett says rival portals may want to “interfere” with his aim of converting agency members from free...

18 June 2019

From: Breaking News

Making the transition from estate agency to property development

Property developing is an incredibly diverse and exciting career choice, and something that many people aspire to do in the UK.  I...

15 June 2019

From: Features

OnTheMarket converts just 1,000 branches from free to paid deals

Figures released from OnTheMarket this morning suggest that its conversion programme for agents shifting from free deals to paid membership is...

13 June 2019

From: Breaking News

Damning report says Help To Buy helped many who didn’t need it at all

The National Audit Office says many users of Help To Buy would have been able to purchase a home anyway, without...

13 June 2019

From: Breaking News

Should the lettings process become fully digital?

It’s easy to understand why people are hesitant towards processes becoming digital. It is the fear that the digital world is...

12 June 2019

From: Features

Countrywide redundancies: dozens of sales progression staff may go

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

12 June 2019

From: Breaking News

Purplebricks names July date to reveal company performance

Purplebricks has announced that it is to give a trading update and the result of its review of its US activities on...

05 June 2019

From: Breaking News

Top Purplebricks investor would back US closure to bolster agency in UK

Purplebricks’ most influential investor says there is “opportunity aplenty” for the company but says it would back the closure of the US...

03 June 2019

From: Breaking News

The evolution of conveyancing referrals – how can agents replace lost revenue?

In recent years, estate and letting agents have been faced with a series of tough challenges to absorb and react to. There...

01 June 2019

From: Features

At least three Countrywide brands thought to be closing branches

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

31 May 2019

From: Breaking News

Countrywide: share price sinks, closure and sell-off rumours swirl

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

30 May 2019

From: Breaking News

Why celebrating the achievements of the industry is so valuable

Earlier this month we celebrated the 16th annual ESTAS Awards, once again hosted by TV property expert Phil Spencer.  The glittering ceremony...

25 May 2019

From: Features

Replace stamp duty with tax on house sale profits, urges finance chief

An outspoken building society chief has taken the unusual step of calling for stamp duty to be replaced by capital gains...

23 May 2019

From: Breaking News

Commonhold in action – one small builder’s attempts to change the system

So far in our contribution to the campaign to replace leasehold with commonhold we have outlined the stories of some of...

18 May 2019

From: Features

Property Natter: has Purplebricks' bubble now officially burst?

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

18 May 2019

From: Features

How you CAN increase your chargeable fees and JUSTIFY it

With the Tenant Fee Ban obliterating a key income stream, letting agents should be looking at ways they can increase the...

16 May 2019

From: Sponsored Content

How to thrive and not just survive in today’s market

Consumer habits have changed massively over the past few years, and regardless of which market you operate in, being able to...

15 May 2019

From: Features

Historic London agency aims to expand with new franchise offering

London agency Chestertons is launching a franchise offering which will allow businesses outside of the capital to operate under the Chestertons...

10 May 2019

From: Breaking News

Purplebricks share price slides further following Michael Bruce departure

Following yesterday's surprise news that founder Michael Bruce is leaving the business and its Australian operation is closing down, Purplebricks encountered...

08 May 2019

From: Breaking News

PropTech trade body relaunches in bid to win wider industry support

The UK PropTech Association, set up in early 2017 with the objective of promoting engagement between tech business and the property...

07 May 2019

From: Breaking News

The problems with incentivising downsizing through stamp duty

The issue of ‘intergenerational fairness’ has been raised in recent weeks, some might say somewhat ironically by a House of Lords’...

04 May 2019

From: Features

New blow for Purplebricks as another bank slashes share forecast

Another bank has slashed its forecast for Purplebricks, citing concerns over its the long-term viability of its international activities in particular. As...

03 May 2019

From: Breaking News

Countrywide’s new pay chief takes over as share price hits another low

Countrywide has named a senior businesswoman as chair of its controversial remuneration committee which was at the centre of a row...

01 May 2019

From: Breaking News

Help To Buy equity loans drive over 210,000 home sales since 2013

Data produced by the government showed that some 211,000 homes have been bought using the Help to Buy: Equity Loan. The scheme...

01 May 2019

From: Breaking News

Third of homes on sale have no outside space, claims online agency

Research  by HouseSimple suggests that over 31 per cent of homes currently on sale in major UK towns and cities have...

25 April 2019

From: Breaking News

PropTech Today: Do’s & Don’ts of transformation - Countrywide, Foxtons

It’s not often we can enjoy beautiful sunshine on bank holidays, but I suppose this one was a particularly blessed weekend,...

24 April 2019

From: Breaking News

Millionaire with no property experience puts cash into online agency service

A millionaire who has not previously invested in the property industry has taken the plunge by funding an online agency network. The...

15 April 2019

From: Breaking News

EweMove in profit as Property Franchise Group reports solid figures

Hybrid estate agency has reported a modest pre-tax profit of some £400,000 as part of the 2018 results of its parent...

09 April 2019

From: Breaking News

Property Natter: great advertising campaigns for independent estate agents

When you think of the best ad campaigns – from moustachioed opera singers and talking meerkats to millions of bouncing balls...

06 April 2019

From: Features

Purplebricks stock downgraded 80% by investment bank

Analysts at Berenberg Bank have sharply reduced their price target for Purplebricks by over 80 per cent from 470p to 80p, accusing...

05 April 2019

From: Breaking News

Is innovation the key to thriving in the property sector?

It’s a testing time for the property industry, amid Brexit fears, a slowing market and the looming tenant fees ban.  There’s no...

03 April 2019

From: Features

Controversial ‘Slime Balls’ online agency calls in liquidators

A controversial online estate agency has gone into liquidation two years after describing High Street agents as “smug, suited slime-balls.” BetterMove, registered...

03 April 2019

From: Breaking News

Online agencies 'will still take 50% market share' claims company chief

An online estate agency insists the online/hybrid sector will take a 50 per cent market share in the future - despite...

01 April 2019

From: Breaking News

Property Jobs Today - the industry’s movers and shakers…

Hello, welcome to a new week and to PJT, your regular Monday round-up of jobs news in the industry. Do please let...

01 April 2019

From: Breaking News

Over 40 jobs at risk as agency chain plans to shut four branches

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

29 March 2019

From: Breaking News

“Pathetic” government pledge mocked by leasehold expert

Almost as soon as the government yesterday made its latest announcement to outlaw rogue leasehold deals, the measure was branded “pathetic. More...

29 March 2019

From: Breaking News

Crunch Time! OnTheMarket says agents should make portal choices soon

Many estate and letting agents are receiving more leads through OnTheMarket than through Rightmove, the challenger portal claims - and it...

28 March 2019

From: Breaking News

Agent comparison website bags £2.2m funding to build on TV backing

GetAgent, the comparison estate agency business, has secured £2.2m in investment from a consortium of investors including Channel 4. The backers are...

14 March 2019

From: Breaking News

Franchising: why finding your premises could be the biggest obstacle

The road to opening up your own business can be a long one. If you’ve never done it before, there are...

09 March 2019

From: Features

Countrywide chiefs tell EAT: Sales hit by Brexit but we're ready for Fees Ban

Countrywide’s executive chairman and group managing director have spoken to Estate Agent Today about the impact of Brexit on the company,...

07 March 2019

From: Breaking News

LSL writes down value of Yopa stake as it pins faith in High Street branches

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

05 March 2019

From: Breaking News

OnTheMarket blasts Rightmove with aggressive email to agents

OnTheMarket has stepped up its attack on Rightmove with a stridently-worded email to agents explaining how a drop in leads from...

05 March 2019

From: Breaking News

Rightmove average charges top £1,000 a month as revenue and profits soar

Rightmove has this morning given its 2018 report to shareholders, laying bare the huge financial wealth of the company which dominates...

01 March 2019

From: Breaking News

Online agency alleged to have told staff they may not be paid

House Network, one of the first ever online estate agencies, is alleged to be considering calling in administrators. Two reliable sources close...

01 March 2019

From: Breaking News

Housing market 'not starting 2019 as we would have liked' figures show

More downbeat house price figures have prompted one leading estate agent to admit that the 2019 market had not taken off...

01 March 2019

From: Breaking News

Foxtons rules out new branch closures but suffers huge fall in transactions

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

28 February 2019

From: Breaking News

PropTech is the way to safeguard High Street branches - Connells

Connells Group says investment in PropTech will be the way to safeguard its almost-600 High Street branches - and it’s repeated...

28 February 2019

From: Breaking News

Why traditional property management as we know it is over

Nobody likes change. It makes people feel threatened, undermines their confidence, and makes them worry about the future. But regardless of...

27 February 2019

From: Features

PropTech Today: Purplebricks’ lack of collaboration to blame for recent troubles

No doubt we’ve all seen the recent Purplebricks news - shares have, according to the BBC, ‘plunged after it slashed its...

27 February 2019

From: Breaking News

Purplebricks could be bought by High Street agent, says client developer

The chief executive and founder of a developer and property investment group says Purplebricks is “an excellent business” but its recent...

27 February 2019

From: Breaking News

Purplebricks’ problems won’t deter investors, insists rival online agency

Online agency platform Love2move insists that its current bid to attract investors will not be damaged by the adverse publicity surrounding...

25 February 2019

From: Breaking News

RIP the open house…the return of the high street agent?

Cast your minds back to the summer of 2014. It’s 9.55 am somewhere in east London ‘Sorry I’m late’ offers the...

23 February 2019

From: Features

Commisery and gloating - industry reaction to Purplebricks share crash

Purplebricks’ eye-watering share price fall yesterday was greeted with widespread satisfaction by property professionals outside the online sector. The agency’s share price...

22 February 2019

From: Breaking News

 New portal says it’s better than Rightmove and Zoopla for investors

A portal powered by Artificial Intelligence claims it is offering investors a much-needed and superior alternative to Rightmove and Zoopla. One &...

21 February 2019

From: Breaking News

 New portal is free-to-list for agents and ready to launch in the UK

A new free-to-list property portal is launching in the UK, and has a pledge to serve over 20 counties by the...

13 February 2019

From: Breaking News

Connells-owned office promotes its entire staff after profits success

Every staff member at a branch of the Connells-owned William H Brown agency has been promoted, after it was voted one...

12 February 2019

From: Breaking News

Buying into a franchise may not be as hard as you think

There are many misconceptions about the franchising world but, whether we’re talking about estate agency franchises or fast food franchises, it’s...

09 February 2019

From: Features

No Sale, No Fee - how EweMove bucked the online sector's stagnation

The Property Franchise Group says its online/hybrid agency EweMove traded profitably throughout  last year and will show “a significant improvement” over...

06 February 2019

From: Breaking News

Agency warns: high house prices and housing shortage hurting business

Strutt & Parker says the housing crisis - in the shape of too few homes and their stubbornly high prices -...

05 February 2019

From: Breaking News

DPS adjudication case study: Rent arrears challenged by evicted tenant

The Deposit Protection Service (The DPS) keeps deposit money safe for letting agents, landlords and renters during the course a tenancy....

02 February 2019

From: Features

Foxtons sales plummet but lettings keep it above water

Foxtons has reported further small slides in both revenue and profits for 2018 - but sales income plummeted from £43m to...

31 January 2019

From: Breaking News

The importance of being part of a trade association

When it comes to letting a property, it is important that landlords and renters have faith in their agent. The more...

26 January 2019

From: Features

Review – what did we learn from the Guild Conference?

Alongside hundreds of agents and suppliers, I recently attended the Guild of Property Professionals’ annual conference. As ever, it was a great...

26 January 2019

From: Features

Why we need to be able to move when we want, not when we have to

A review of the housing market at present, particularly when it comes to purchase transactions, might not necessarily feel overly positive.  The...

26 January 2019

From: Features

OnTheMarket: share price at all-time low ‘but should be profitable this year’

Shares in OnTheMarket hit another new low of 75.7p yesterday, dropping over nine per cent on the day and falling well...

23 January 2019

From: Breaking News

LSL delivers upbeat figures despite Brexit-fuelled caution over 2019

LSL Property Services - parent company of Your Move, Reeds Rains and London agency Marsh & Parsons - has given a...

22 January 2019

From: Breaking News

London agency 'doubles profit' and is on the prowl for acquisitions

Chestertons says its profitability in 2018 doubled compared to the previous year, but appears to have relied heavily on lettings for...

21 January 2019

From: Breaking News

Help To Buy boosts housebuilder’s profits once again

While even agents of the calibre of Savills struggle in today’s market - see the agency’s figures here - it’s a...

17 January 2019

From: Breaking News

Winkworth: lettings now 50% of turnover as sales market remains weak

A statement this morning by franchise agency Winkworth says lettings and property management now accounts for 50 per cent of its turnover. The...

16 January 2019

From: Breaking News

Emoov spent £800,000 a month towards the end says Russell Quirk

Former Emoov chief executive Russell Quirk has made his first on-the-record comments about the factors behind the dramatic collapse of his...

14 January 2019

From: Breaking News

In Light of the Fee Ban, Can PropTech Firms Damage Control?

Recent years have seen tighter regulation and new legislation hit the lettings industry. Combined with the fee ban, there is no...

10 January 2019

From: Sponsored Content

Welcome to 2019: The Year of Brexit and Ban

It’s safe to say that the majority of agents will be glad to see the end of the past two years....

02 January 2019

From: Features

The top 10 property personalities of 2018

There’s nothing new about identifying 10 figures who have helped shape an industry over the past year, but that doesn’t mean...

28 December 2018

From: Features

Purplebricks is a huge success in the UK insists top PropTech analyst

A top PropTech analyst says Purplebricks is as much an advertising firm as an estate agency but is nonetheless a huge success...

18 December 2018

From: Breaking News

Is the deposit-free rental model a good idea?

When renting a property out, letting agents and landlords recognise that it is important to take a deposit from the tenant...

15 December 2018

From: Features

What are the biggest challenges facing letting agents in 2019?

There is a perfect storm brewing in the lettings market, and as the saying goes, “you can’t change the direction of...

12 December 2018

From: Features

Rightmove, Zoopla and OTM denounced as “corporate dinosaurs

The head of the portal PropertyMutual has accused Rightmove, Zoopla and OnTheMarket of being “corporate dinosaurs” and has called on agents...

10 December 2018

From: Breaking News

Emoov’s humiliation - the fallout for the industry

Whatever one thinks about online estate agencies, it’s a cause of genuine sadness when people lose their jobs - close proximity...

08 December 2018

From: Features

Flips Flop: ‘Some new flats sold on for 25% below reservation prices’

Property analysts say ‘flippers’ - those who buy new homes and sell them quickly, hopefully for a profit - are losing...

06 December 2018

From: Breaking News

Good or bad? Help To Buy surge reignites debate about scheme

Figures released by the government over the weekend show that 14,867 Help To Buy equity loans were taken out in the...

03 December 2018

From: Breaking News

Why the best PropTech isn’t expensive

PropTech has been mainstream for a few years now, and as more agents are familiar with the range of products and...

01 December 2018

From: Features

Controversial online auction firm generated £10.6m in fees for agents

The debate about online auction charges levied on buyers continues this morning with the release of figures showing that one company...

26 November 2018

From: Breaking News

Who comes out on top in the battle of the property portals?

Given that online property portals, dominated by a handful of websites, are by far the most popular home search method, it...

17 November 2018

From: Features

“Sun is setting on the market” as supply soars and demand drops

The market is now over-supplied with homes to sell while at the same time demand is dipping and there are widespread...

14 November 2018

From: Breaking News

Typical asking price cut on a ‘doer-upper’ is 17% or  £40,000

Homes that require major structural work have asking prices which are on average £40,000 below the market norm, according to research...

09 November 2018

From: Breaking News

Emoov for sale, Purplebricks down, Hatched gone - what now for Online?

As scary Halloweens go, yesterday was quite a shocker for Britain’s online estate agency sector - and not in a good...

01 November 2018

From: Breaking News

Top tips - how to make your letting agency more efficient

For any business, regardless of size, age or industry, operating efficiently is fundamental to your success. When faced with challenges like we...

31 October 2018

From: Features

Online property auction firm hits back against “murky” accusation

A firm which links with agents to operate online auctions has hit back at a consumer group's allegations that this growing sector...

31 October 2018

From: Breaking News

Agents slammed for milking buyers for profits via online auctions

A consumer group says agents are securing increasing income from online auctions, but it warns that for buyers there are pitfalls...

30 October 2018

From: Breaking News

Action pledged on mobile homes - but government gives no timetable

The government says mobile home residents are to receive greater protection from dishonest site owners seeking to make a profit at...

23 October 2018

From: Breaking News

Ditching the High Street and launching 'The Hub' pays off for Humberts

The estate agency group Humberts, which narrowly avoided collapse early this year, now claims to have turned around its fortunes thanks...

18 October 2018

From: Breaking News

Surge in overseas buyers ahead of latest stamp duty surcharge

A leading London estate agency is reporting a surge in overseas buyers sealing deals ahead of the government’s new stamp duty...

18 October 2018

From: Breaking News

OnTheMarket 'not profitable until 2021, but share price could rise 35%'

One of the brokers working with OnTheMarket says the portal will not be profitable until 2021, but predicts that its target...

12 October 2018

From: Breaking News

Read all about it: Property supplement publisher up for sale

Johnston Press, the company which owns the i national newspaper and some 200 local titles - many with property supplements carrying...

12 October 2018

From: Breaking News

Knight Frank hits out at foreign buyer tax after announcing profits boost

Knight Frank appears to have shrugged off the problems hitting the high end of the housing market, reporting a 14 per...

09 October 2018

From: Breaking News

Property Natter: what impact has Google had on the property market?

Google celebrated its 20th birthday last month. Yes, it might be hard to recall a time when it wasn’t integral in...

06 October 2018

From: Features

Agents Do Charity - £1m to £1...it's all hugely appreciated

Hello and welcome to this week’s Agents Do Charity - another chance to hear about the remarkable fund-raising done by our...

28 September 2018

From: Breaking News

Emoov boss tells Labour conference how to solve housing crisis

Emoov’s founder Russell Quirk has outlined how he would help Britain get out of its current housing crisis to a Labour...

24 September 2018

From: Breaking News

Property Natter – legislation, legislation, legislation

Landlords and letting agents might feel they’ve taken a bit of a battering from the government in recent years – and...

22 September 2018

From: Features

What now for online agents after shock closure of Connell's Hatched?

The shock immediate closure of Hatched, the online agency heavily invested in by Connells, has raised question marks over the online...

21 September 2018

From: Breaking News

Countrywide: Peter Long 'to focus full time on agency group recovery'

Peter Long, the chairman of the troubled Royal Mail organisation, has stepped down from that role to focus full time on...

19 September 2018

From: Breaking News

PropTech Today: will Unmortgage change our industry forever?

Those of you who receive (and read) my Sunday PropTech Review will know that, by far and away, the most shared...

19 September 2018

From: Breaking News

EweMove claims it's UK's fifth largest online agency - and is in profit

EweMove is the country’s fifth largest online agency group based on transactions, and continues to make a profit according to its owner,...

12 September 2018

From: Breaking News

Hunters income and profits on the rise in spite of shaky market

Franchise giant Hunters has reported its latest results to the city, showing impressive growth despite a slow-moving property market. In the six...

07 September 2018

From: Breaking News

Second office for 'new breed' agency with no shop front

A 'new breed' estate agency with no shop front, which uses bloggers to market its properties, has announced the opening of...

04 September 2018

From: Breaking News

Rightmove 'may drop out of FTSE-100 within days'

Speculation is growing that Rightmove could drop out of the prestigious FTSE-100 within the next few days as the stock exchange...

30 August 2018

From: Breaking News

PropTech Today: What can the UK market learn from Eastern wisdom?

A few stories caught my eye this week from China, all of which announce the arrival of cutting-edge technological innovation in...

29 August 2018

From: Breaking News

My journey from franchisee to MD at the UK’s original hybrid agency

After gaining my MBA qualification from Edinburgh Business School in 2005, I took careful consideration over my career moves and prospective...

22 August 2018

From: Features

How much is your EGO costing you?

Estate and lettings agency is arguably one of the most fierce, ruthless and relentless industries going. And, with fluctuating stock levels,...

15 August 2018

From: Sponsored Content

Online agents have under 1% share in prime central London - LonRes

The chairman of LonRes says online estate agents have only a one per cent share of the market in prime central...

13 August 2018

From: Breaking News

It’s a good time for agencies to list on the stock market - no, really...

At first sight, to suggest this is a good time for an agency business to go for an IPO - that...

11 August 2018

From: Features

More trouble for Countrywide as bank slashes key 'target price'

The Swiss investment bank Credit Suisse has slashed its target share price for the company from 77p to only 17.2p.  The reason...

09 August 2018

From: Breaking News

Savills posts good UK residential performance but warns on Brexit

High-end agency and international property consultancy Savills has reported strong half-year figures for its UK business - but warns that Brexit...

09 August 2018

From: Breaking News

Countrywide share price plummets after rescue plan announcement

Countrywide's share price has dropped sharply following the announcement of the company's rescue plan - but the firm itself says this...

02 August 2018

From: Breaking News

EweMove still in profit as The Property Franchise Group reports growth

A trading statement this morning from The Property Franchise Group says its online brand, EweMove, is still trading profitably - and...

01 August 2018

From: Breaking News

Connells Group pre-tax profits dip, blaming difficult market conditions

Connells Group - which now says it’s the country’s largest estate agency by market share and numbers of homes sold -...

01 August 2018

From: Breaking News

Foxtons' swashbuckling days are over - analyst predicts big cuts

An analyst for business data consultancy Bloomberg has some news for Foxtons - he says its swashbuckling days are over and...

01 August 2018

From: Breaking News

PropTech Today: What do Rightmove and WeWork have in common?

There have been two stories dominating the PropTech headlines over this past week. As WeWork places a gentle arm around the...

01 August 2018

From: Breaking News

Rightmove - can it remain profitable in the long term?

As if to prove there are two ways to interpret every figure, a new analysis of Rightmove’s recent trading statement suggests...

31 July 2018

From: Breaking News

Your Move parent firm sees 11% sales slump but good lettings performance

The parent company of Your Move, Reeds Rains and other agency brands has succeeded where Foxtons yesterday did not - in...

31 July 2018

From: Breaking News

Foxtons suffers another profits dive after 23% slump in sales income

Foxtons has suffered a massive 23 per cent drop in sales income and a nine per cent drop in overall company...

30 July 2018

From: Breaking News

Agency branches spend almost £1,000 per month on average on Rightmove

‘Up’ is the key word in Rightmove’s figures for the first half of 2018, released to the City and to shareholders...

27 July 2018

From: Breaking News

Customer service - why is it so important to your agency?

It’s a highly competitive environment out there, where there's a constant and never-ending struggle that every agency manager, director or owner...

25 July 2018

From: Features

Countrywide - change it, close it or sell it? Four experts have their say

The agonisingly painful decline of Countrywide continues, with no one sure whether it is the darkest hour before the dawn or...

25 July 2018

From: Breaking News

PropTech Today: How can agents boost revenue with Open Banking?

Since January 2018, nine of the UK’s biggest banks have allowed competitors direct access to customer data as part of the...

25 July 2018

From: Breaking News

Countrywide delays publishing figures as search for funds goes on

Countrywide, the troubled estate agency group thought by some to be near collapse, has delayed issuing its interim figures which were...

24 July 2018

From: Breaking News

Doubt over Countrywide rights issue as Purplebricks wins price boost

It’s being suggested that Countrywide’s rights issue, previously expected to be announced this week, may now be delayed. The Times says the...

24 July 2018

From: Breaking News

Countrywide ‘to seek new investment of £100m’

It’s being reported this morning that Countrywide will seek new investment of over £100m, probably in the next few days.  The Sunday...

22 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

OnTheMarket vs Rightmove?

As you probably know, I have been no fan of OnTheMarket (OTM) over the years. You may see this admission as...

20 July 2018

From: Features

Emoov's 'final' crowdfunding tops £1.5m with two weeks left to run

Emoov’s latest crowdfunding campaign has now gone well over £1.5m, making it already 50 per cent over-funded already from its original...

18 July 2018

From: Breaking News

Boost for Carter Jonas as it doubles footprint of national HQ

Carter Jonas has doubled the footprint of its UK headquarters in prime central London. It’s added a further 6,760 square feet of...

18 July 2018

From: Breaking News

Give Purplebricks more credit, says analyst rejecting criticism of agency

One of the top PropTech analysts in the world, Mike DelPrete, says Purplebricks deserves more credit for its performance in the...

17 July 2018

From: Breaking News

Purplebricks breaks into Canada; acquires fixed-fee listings network

Purplebricks has acquired another fixed-fee agency for £29.3m - it’s in Canada and marks another new territory for the hybrid agency. The...

02 July 2018

From: Breaking News

July - it might just be the industry’s busiest month of the year

So here’s the thing. It’s summer - not much going on, school holidays about to start, industry publications filling out space...

30 June 2018

From: Features

Yopa and Emoov slugging it out to be second to Purplebricks - analyst

A leading digital analyst says online agency Yopa has doubled its listings this year and is fighting the merged Emoov-Tepilo operation...

28 June 2018

From: Breaking News

Countrywide share price plummets over 20% to lowest level ever

Countrywide’s share price has taken a massive hit this morning - down well over 20 per cent - following a surprise...

25 June 2018

From: Breaking News

Countrywide reveals 9% boost in sales listings since start of year

Countrywide says its Back To Basics strategy has seen a nine per cent increase in properties for sale with the group...

25 June 2018

From: Breaking News

London market pain goes on as top builder warns on Brexit

High-end housebuilder Berkeley Homes says “macro and political uncertainty, including Brexit” is leading to some developers previously building in London to...

22 June 2018

From: Breaking News

Online and traditional auction houses slug it out for dominance

The rivalry between online and traditional property auction companies continues apace with one high profile player from each camp claiming major...

14 June 2018

From: Breaking News

Three reasons why PropTech has become more than an industry buzzword

Having recently attended FUTURE: PropTech in London, it struck me just how far the integration of property and technology has progressed...

09 June 2018

From: Features

The Rightmove money machine - is it running out of steam?

A leading property industry analysts says Rightmove may be amongst the top portals in the industry worldwide, but it is facing...

08 June 2018

From: Breaking News

Expanded Emoov now one of the UK's top seven agencies, says Quirk

Russell Quirk, chief executive of Emoov, says his agency is now one of the top seven in the UK following its...

08 June 2018

From: Breaking News

Agency on a mission - family-run firm pledges profits for the homeless

A London estate agency run by a brother and sister is trying something completely now - it pledges to use some...

08 June 2018

From: Breaking News

OnTheMarket reveals financial losses but fast-growing agents and traffic

OnTheMarket’s first formal annual figures released since its flotation reveal losses in what it describes as its “transformational year” but also...

07 June 2018

From: Breaking News

Be in charge of your own destiny – what does the future hold?

Any letting agent appreciates the effort, dedication, and sometimes heartache, that comes with running a business yet equally knows that when...

30 May 2018

From: Features

Housing association launches online agency with full-service option

A housing association has launched its own online agency which offers to sell vendors' homes for £275. Capsel Homes, based in Mamhilad,...

29 May 2018

From: Breaking News

Sellers cash in as buyers are increasingly willing to pay above asking price

Property sellers in Scotland are profiting from buyers' willingness to pay above asking price for a home.  This is according to portal...

22 May 2018

From: Breaking News

The future for Countrywide - Paul Creffield interview

The rise and fall - and perhaps rise again - of Countrywide has been of enduring interest to the agency industry...

12 May 2018

From: Features

OnTheMarket - Is it now taking aim at Rightmove?

An online question-and-answer article with OnTheMarket chief executive Ian Springett has suggested that its focus of criticism may be shifting from...

10 May 2018

From: Breaking News

The ten worst mistakes to make when selling your business

I have sold hundreds of lettings businesses over the last twenty-five years. Based on this experience, these are the mistakes that you...

02 May 2018

From: Features

Humberts problems “on the cards for years says senior insider

An insider in a senior position in Humberts says the weekend announcement that it was in talks with proposed administrators to...

30 April 2018

From: Breaking News

The Property Ombudsman waives joining fee for redress rival’s agents

The battle to become the single ombudsman service after the government rationalises the redress system across housing has taken an unexpected...

24 April 2018

From: Breaking News

Emoov woos developers with online package to sell new homes

Hybrid agency Emoov is now offering a tailored sales package aimed at attracting developers listing and selling new homes. Rather than paying...

23 April 2018

From: Breaking News

Property Natter: agents bucking the high street downturn

Maplin, Toys R Us, Carpetright, Warren Evans – what do they have in common? All are well-known high street chains that...

21 April 2018

From: Features

EweMove in profit as Property Franchise Group reports strong figures

The Property Franchise Group has this morning reported strong figures for 2017 with news that its hybrid brand EweMove traded profitably...

10 April 2018

From: Breaking News

Ombudsman to hold Rightmove webinar as redress race hots up

The Property Ombudsman, Katrine Sporle, is to hold a briefing on the government’s redress reform on Wednesday - five days before...

09 April 2018

From: Breaking News

Foxtons calls time on new branches as emphasis shifts to IT and people

Foxtons says its long-term branch expansion programme is now “largely complete” and it is shifting its attention to using technology to...

05 April 2018

From: Breaking News

Countrywide share price up 50% in a month - is this the turn-around?

Has Countrywide finally convinced its investors that it is on the road to recovery? Back on March 8 the Countrywide share price...

04 April 2018

From: Breaking News

Purplebricks is changing: Which way will it go?

As always seems to be the case with Purplebricks, the hybrid agency has had a good week...and a bad one. Undeniably impressive...

31 March 2018

From: Features

Could embracing Commonhold put an end to leasehold nightmare?

At any given moment it’s difficult to say which issue dominates our marketplace, but I think it’s fair to acknowledge during...

31 March 2018

From: Features

Rightmove, ZPG, OnTheMarket - are they about to be eclipsed by Google?

A property technology analyst has floated the idea that portals could become eclipsed by powerful alternatives such as Google, triggered by...

23 March 2018

From: Breaking News

Countrywide reveals the costs of Alison Platt's 'retail revolution'

Countrywide’s 132-page annual report, released today, has given details of the management and restructuring costs incurred by the company during its...

21 March 2018

From: Breaking News

Fast track to franchise success - are you ready to be your own boss?

For many estate agents seeking to become entrepreneurs, the idea of starting their own business is undoubtedly daunting, especially when going...

17 March 2018

From: Features

Ombudsmen get ready to slug it out for dominance

Have you noticed a new turf war going on on the fringes of the agency world? It’s not a high-profile battle like...

17 March 2018

From: Features

Rightmove may have to extract more revenue from agents, claims analyst

One of the leading PropTech analysts says Rightmove’s huge success means that it has two difficult choices ahead if it is...

16 March 2018

From: Breaking News

Agents Do Charity - climbing, bidding, and most of all fund-raising...

So here’s another week’s great work being done by colleagues in our industry - and we’re very pleased to salute them. Everybody...

16 March 2018

From: Breaking News

Savills reveals its highly resilient UK residential performance in 2017

Savills has reported good figures for 2017 although most of its strongest performance was outside the world of residential property. In a...

15 March 2018

From: Breaking News

Surcharge for 'five day exchange and completion' is slammed as rip-off

A critic of the conveyancing process has accused a law firm’s charge of £95 for “exchange and completion within five working...

13 March 2018

From: Breaking News

Ombudsman seeks public views on problems with agents and wider industry

Ombudsman Services, which recently announced it was quitting its role as one of three approved redress schemes for estate and lettings...

12 March 2018

From: Breaking News

Countrywide's own broker cuts agency’s forecast for 2018 and 2019

Jefferies - the City consultancy which has in the past worked with Countrywide - has cuts its forecasts for the troubled...

09 March 2018

From: Breaking News

Countrywide reveals 'Back To Basics' plan for 2018 and scraps online service

The troubled Countrywide group has this morning revealed its recovery plan to get - in its words - ‘back to basics’...

08 March 2018

From: Breaking News

Revealed: Purplebricks “stunning growth” explained by top industry analyst

One of the world’s leading property technology analysts has compiled a major report on estate agents’ business models - an exercise...

07 March 2018

From: Breaking News

LSL's agency brands reveal growth in past year despite market woe

LSL Property Services - parent company to 12 brands including Your Move, Reeds Rains and London’s Marsh & Parsons - has...

06 March 2018

From: Breaking News

Foxtons profits and sales drop - but much better figures from Connells

Foxtons has reported its 2017 figures to shareholders and the City this morning and as expected they show sharp falls in...

28 February 2018

From: Breaking News

Rightmove: another massive leap in revenue thanks to agents' fees

Rightmove has reported another very large leap in revenue in 2017 and a modest rise in agency and new home customers...

23 February 2018

From: Breaking News

Strutt & Parker sold 2,291 properties worth £2.9 billion in 2017

In its first release of performance figures under the ownership of BNP Paribas, the UK agency Strutt & Parker says it...

23 February 2018

From: Breaking News

Agents' PropTech Toolshed: Who am I and recruiting PropTech

PropTech has been the industry soundbite for the last couple of years. For many of my fellow agents, I think it’s one...

17 February 2018

From: Features

Countrywide's earnings could be lower than expected, warns Jefferies

City broker Jefferies is warning that Countrywide’s earnings as calculated through the EBITDA measure could drop to as little as £50m -...

15 February 2018

From: Breaking News

Property Natter – Q & A with Isobel Thomson, NALS

This week I carry out a question and answer session with one of the most high-profile names in property. Isobel Thomson has...

10 February 2018

From: Features

Shock as Ombudsman stops handling agency complaints - for now

One of the three government-approved redress schemes for estate and letting agents says it’s quitting the sector this year - but...

06 February 2018

From: Breaking News

Countrywide amends credit facility with lenders to help turn business around

Countrywide has made a brief announcement to shareholders about amending its credit facility with lenders to help it turn the business...

05 February 2018

From: Breaking News

Countrywide: share price plunges again as some bonuses scrapped

Alison Platt may have been ousted but Countrywide appears not to be out of the woods yet as its share price...

01 February 2018

From: Breaking News

LSL diversifies from agency work with £5.4m mortgage firm acquisition

LSL Property Services is beefing up the mortgage arm of its activities.  It has acquired the mortgage adviser network Personal Touch in...

01 February 2018

From: Breaking News

OTM float - the OOP is dead, long live the OOP

Whatever else you say about OnTheMarket, you can’t say it’s not consistent, consistent in treating its core membership shabbily.  We already know...

29 January 2018

From: Features

Stark warning that estate agencies could close in next 12 months

A partner at Carter Jonas says that the next 12 months could see stagnation in the market and as a result...

26 January 2018

From: Breaking News

Foxtons reports big drop in profits and revenue with sales down sharply

Foxtons has this morning given details of a sharp fall in both profits and revenue, wirth sales significantly falling away and...

25 January 2018

From: Breaking News

Countrywide's cruellest cut of all - no more fresh fruit at Oxford Street HQ

The chief executive may have left, the share price may still be languishing around 100p and only days ago the firm...

25 January 2018

From: Breaking News

Ten top tips for selling your business in 2018

What do you need to know if you are considering selling your sales or lettings business?  Here’s ten top tips to think...

24 January 2018

From: Features

Platt goes - but Countrywide silent on size of her 'golden goodbye'

There was confirmation this morning, as expected, that Countrywide chief executive Alison Platt has quit - but so far there is no...

24 January 2018

From: Breaking News

Alison Platt leaving Countrywide, staff are told

It is being reported that staff at Countrywide have been told that embattled chief executive Alison Platt is leaving the agency...

23 January 2018

From: Breaking News

Countrywide in turmoil as Platt’s departure  is possible 'within days'

Countrywide appears to be in turmoil with Sky News reports that board members are discussing trying to get rid of controversial...

23 January 2018

From: Breaking News

Confidential Countrywide memo warns of 'challenging reaction' to figures

The Countrywide chief executive, Alison Platt, is said to have warned staff that the reaction from the markets and shareholders to...

22 January 2018

From: Breaking News

Countrywide share price falls to lowest ever level

Shares in troubled agency group Countrywide have fallen to their lowest-ever level of 106.40p in trading this morning. Yesterday shares fell a...

19 January 2018

From: Breaking News

Connells shows Countrywide how to increase market share

Connells Group’s estate agency business increased its market share of new instructions in 2017 by almost four per cent, despite a...

19 January 2018

From: Breaking News

Agents Do Charity: fund-raising and grant-giving for great causes

With the year in full swing we have some more heroic fund-raising and grant-giving stories to tell this week. Thanks so much...

19 January 2018

From: Breaking News

Winkworth doing well despite exposure to London and Brexit uncertainty

Franchise giant Winkworth has told its shareholders that its revenues for 2017 are likely to be less than five per cent...

18 January 2018

From: Breaking News

Cash burn could be worry for Purplebricks, claims investment website

The Motley Fool, the financial services company that provides investor advice, has published an article raising doubts about Purplebricks’ long-term profitability. Investment writer...

11 January 2018

From: Breaking News

Humberts promotions beef up sales and franchising management

Humberts has made two internal promotions to the leadership of its sales and franchising divisions.   Tim Simmons has been appointed Head...

11 January 2018

From: Breaking News

Exclusive: New 'super-portal' launching in the UK on March 1

A new property portal called Linktosale aims to launch in the UK at the start of March following what appears to...

08 January 2018

From: Breaking News

Another regional chain says it's sceptical of online agency popularity

A senior figure in another regional estate agency group has expressed scepticism about the popularity of online choices for vendors. Last week...

08 January 2018

From: Breaking News

PropTech Today: 14 industry leaders give their  2018 predictions

Well, I don’t know about you but after the holidays I've got an imprint just below my navel where my belt...

03 January 2018

From: Breaking News

New franchise estate agency wants housing associations to sign up

A housing association which for over two years has operated its own estate agency now wants similar organisations to join up...

02 January 2018

From: Breaking News

Purplebricks-style disruption 'a trend to watch in 2018' says analyst

One of the world’s leading property technology analysts says Purplebricks-style disruptive agencies will be a trend to look out for in...

29 December 2017

From: Breaking News

Agents Do Charity - the 2018-is-just-around-the-corner edition

A Happy New Year to all our readers and their families - and all the very best for a successful, profitable...

29 December 2017

From: Breaking News

Average vendor in 2017 made profit of £92,500 says Countrywide

In 2017 the average seller sold their home for £92,466 more than they paid for it, having owned the home for...

28 December 2017

From: Breaking News

What now for the OTM IPO?

Who says things slow down before Christmas? The opposite appears to be the case, at least when it comes to the...

21 December 2017

From: Features

Five things that didn’t happen in 2017

It’s traditional before Christmas to either review the year past or anticipate the one ahead - but I’m intrigued about what...

16 December 2017

From: Features

Will OTM float or sink?

Yesterday morning OnTheMarket confirmed its IPO plans but with no firm date. The question remains on whether the float will be...

11 December 2017

From: Features

Hybrid agency eMoov makes key hire ahead of rapid growth

Hybrid estate agency eMoov has announced a new hire as chief operating officer with the remit of driving growth.  Guy Halfhead has previously...

11 December 2017

From: Breaking News

Property Natter: A to Z of the property industry for 2017

As we hurtle towards the end of 2017, it’s time to reflect on the year that’s just been.   Even better, this property-based...

25 November 2017

From: Features

Property experts reveal their Autumn Budget wishlist

The housing industry has set out a list of demands in advance of the government’s hotly anticipated Autumn Budget on Wednesday.  Despite...

18 November 2017

From: Features

PropTech Today: Will eMoov’s no-sell-no-fee inspire others?

Online estate agent eMoov recently set itself apart by directly addressing the issues of openness and transparency that have long dogged the online business...

15 November 2017

From: Breaking News

Purplebricks tells City and investors we're on course for 2017 targets

Purplebricks has issued the briefest-of-brief statements to the City and the company's investors to assure them it is "on course". The latest...

07 November 2017

From: Breaking News

Financial crime – are estate agents at risk?

The spread and sophistication of financial crime in the UK in recent years has been unprecedented.  Figures from UK Finance show that...

04 November 2017

From: Features

Jostling for position: battle of the property portals continues

The fact is that most house hunters simply do not have the time, let alone the inclination, to trawl around properties...

28 October 2017

From: Features

'Agents worried about 2018 should sell up now' advises analyst

An industry analyst says some agents may find it tough to survive in 2018 if they’re hit by a double whammy...

24 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

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

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

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

Connells Group chairman celebrates 40 years with the same company

One of the industry’s longest-serving individuals, Connells Group chairman Stephen Shipperley, this month celebrates 40 years with the business.   He joined...

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

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

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

Purplebricks claims UK revenue now double that of a year ago

Purplebricks' latest trading statement, issued this morning, claims "good progress" and says its revenue in the UK for the first half...

29 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

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

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

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

Summer of love? More like summer of leasehold

Even so close to the event, I don’t think anyone will be deeming 2017 as the ‘summer of love’.  The summer of...

16 September 2017

From: Features

Purplebricks to spend almost $2m a month on TV and radio ads in US

Purplebricks has given more details of its activities in the United States, where it is hoping to break into a market...

14 September 2017

From: Breaking News

Was this the week the agency industry changed for good?

I’ve been in France for the past few days and depending on your viewpoint, I made a spectacularly good or singularly...

09 September 2017

From: Features

Tips for surviving the ban on letting agent fees

Parliament is sitting again and the entire lettings industry is waiting with bated breath for more detail on the government’s proposal...

09 September 2017

From: Features

Hunters emphasises online success, despite challenging market

Hunters’ figures for the six months to the end of June show small rises in income and turnover but a substantial...

08 September 2017

From: Breaking News

Savills stays silent on valuation allegation and High Court order

Savills is remaining silent on the issues surrounding the apparent filing of a High Court order that may oblige the agency...

31 August 2017

From: Breaking News

Could tax be the excuse to introduce national private rental licensing?

It’s not just the evenings drawing in that marks the approach of autumn - it’s also the return to work of...

26 August 2017

From: Features

Countrywide woe continues as share price hits new record low

Countrywide’s share price hit a record low during trading yesterday afternoon when it dropped to 137.75p, having opened the day at...

25 August 2017

From: Breaking News

Why I want to join Agents’ Mutual

Before we go any further, assuming you are an Agents’ Mutual member, let me ask you a question. If you had...

24 August 2017

From: Features

No crash but London market stalls 'thanks to Brexit, economy, taxes'

Ten out of 14 economists surveyed by Bloomberg News say Brexit and economic uncertainty are likely to stall London’s housing market...

24 August 2017

From: Breaking News

When you add up the costs, it can be miles cheaper to lease a car

Not so long ago, new UK car sales were racing ahead, fuelled by confidence in the economic recovery, but car production...

19 August 2017

From: Features

Countrywide: architect of 'online option' is latest to leave

Sources within Countrywide say the latest senior management figure to leave the company is Sam Tyrer, who under her title of...

17 August 2017

From: Breaking News

Jail for investor who did not declare capital gains when selling up

A Hampshire property investor who failed to declare Capital Gains Tax from the sale of properties evading £157,725, has been jailed...

14 August 2017

From: Breaking News

Estate Agent Today Panel - Agents’ Mutual: the arguments continue

No one can say Agents’ Mutual has failed to provoke debate within the industry. The project was the centre of fierce argument...

11 August 2017

From: Breaking News

Agents’ Mutual Proposal – The Details

After my article last week predicting that Agents’ Mutual would likely seek to raise external capital, including possibly on the public markets,...

09 August 2017

From: Features

Springett unveils OnTheMarket float terms to local agents

  The first two meetings in a roadshow which OnTheMarket has organised for local member agents take place today - another 18...

08 August 2017

From: Breaking News

“Super short-term rentals” and subletting: the future of the private rented sector

Historically, short-term rentals have been an unattractive business for the majority of estate agents and property managers. Scarcity of demand from tenants...

04 August 2017

From: Features

What does Agents’ Mutual’s proposed flotation mean for agents?

I hate to be the guy to say ‘I told you so’…but I told you so! It seems that my predictions...

04 August 2017

From: Features

What now for Agents’ Mutual?

Agents’ Mutual (oops, that name might need to change…read on) has been touting its recent legal victory and is about to...

03 August 2017

From: Features

PropTech Today: Are we going to buy talk of a doomed high street?

You saw it, right? This article from Monday’s Guardian? It says that one in five estate agents are at risk of...

02 August 2017

From: Breaking News

LSL profits up - but agency group warns of 'suppressed sales'

LSL Property Services - owners of Your Move, Reeds Rains and Marsh & Parsons amongst estate agency brands - has enjoyed...

01 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

Rightmove reports rise in agents, traffic and revenue per advertiser

In its latest report to shareholders, Rightmove has revealed yet more growth in agent numbers, traffic to its website, revenue per...

28 July 2017

From: Breaking News

Agents Do Charity - from Muse to Dog Shows...

As we head into August there’s no let up on your fantastic efforts for charity - thank you!   Everyone below has let...

28 July 2017

From: Breaking News

Profits plunge at Countrywide as CEO admits tough year so far

Countrywide has revealed a massive plunge in its profits for the first six months of 2017.   Pre-tax profit for the six months...

27 July 2017

From: Breaking News

Foxtons' slump in sales means 55% of revenue now from lettings

Foxtons has reported its half-year figures for the six months to the end of June and, as expected, they show how...

27 July 2017

From: Breaking News

Speculation grows over Countrywide's 2017 performance to date

Speculation is growing over whether figures to be released by Countrywide on Thursday may prompt another fall in the troubled company’s...

25 July 2017

From: Breaking News

Online reviews: New report sheds light on how they drive leads

A new report reveals how clients’ reviews and star ratings - used by many online estate agents in particular - are...

17 July 2017

From: Breaking News

Purplebricks Local Property Experts 'earn average £41,925 a year'

An expert analysis of the Purplebricks trading statement for 2016 reveals that the agency’s Local Property Experts each earn an average...

10 July 2017

From: Breaking News

Avoid unwanted hassles: Q & A with Jack Webb-Heller, Rent4sure IT director

Living next to inconsiderate neighbours can be a nightmare, but letting to bad tenants can prove costly, especially when issues, which...

08 July 2017

From: Features

Portal Wars resume as Agents' Mutual says it's going after the money

Agents’ Mutual says it will be seeking to recover costs and compensation for losses incurred after what is widely seen as...

06 July 2017

From: Breaking News

Search firm wants conveyancers to commission more fracking reports

A Conservative commitment to allow more fracking is the trigger for conveyancers to gather yet more environmental information during the search...

06 July 2017

From: Breaking News

Guild and Fine & Country launch new app for sales referrals

The Guild of Property Professionals and Fine & Country have launched a new referral system app which allows its members to...

04 July 2017

From: Breaking News

Purplebricks sells 83 per cent of the homes it lists, agency chief says

The chief executive of Purplebricks, often criticised by detractors for failing to reveal completion rates as opposed to listings, says his...

03 July 2017

From: Breaking News

Forget stamp duty reform - There’s a new tax on the horizon

When it comes to provoking anger in property professionals, taxation takes some beating. Press releases are still arriving berating the December...

01 July 2017

From: Features

Purplebricks: nothing divides estate agency more than this

Few things provoke argument within the industry more than the online v traditional agency debate - and within that debate, nothing...

30 June 2017

From: Breaking News

Purplebricks agrees a UK sale every nine minutes 24/7

New figures released this morning from Purplebricks shows the onward march of the hybrid agency and its Local Property Experts. For the...

29 June 2017

From: Breaking News

Queen’s speech: Property industry reacts to proposed tenant fee ban

The Queen’s speech to the British parliament this week was a scaled-back affair, which was unsurprising given the Grenfell Tower fire,...

23 June 2017

From: Features

Using call tracking to boost the impact of your marketing

We live in world where the online economy is just as important as the offline economy. Whether your business is online...

12 June 2017

From: Sponsored Content

Rightmove might lose business to Purplebricks, suggests consultancy

Two of the most influential figures behind the PropTech sector have run a microscope over Rightmove’s business model and technology -...

22 May 2017

From: Breaking News

Reviewing your business objectives – five top tips

Our recent roundtable on the proposed ban on tenant fees generated ten tips for growing a lettings business. We’re exploring each tip in more...

20 May 2017

From: Features

Trinity Mirror to fight Rightmove and Zoopla for agents' advertising spend

Trinity Mirror is aiming to secure more of agents' marketing spend after launching what it is describing as a 'fightback' against...

17 May 2017

From: Breaking News

Purplebricks reports '83% instruction growth' in UK

Purplebricks has this morning issued its latest trading update, reporting what it calls "strong growth" in the UK and updating investors on...

04 May 2017

From: Breaking News

'Optimised websites' are next goal after agency group's winning streak

The Property Franchise Group says it has seen 13 consecutive years of growth for the five High Street brands within its...

02 May 2017

From: Breaking News

Online reviews - They’re here to stay

Odds are that you use TripAdvisor when you book a restaurant or hotel; perhaps you scroll down Amazon before clicking ‘buy...

29 April 2017

From: Features

Purplebricks to be 'biggest UK agency by 2019' with 'share price up 50%'

A London investment broker says Purplebricks’ share price - currently around 300p - could rise another 50 per cent or more...

25 April 2017

From: Breaking News

Agents: Here’s how to review your cost base

Our recent roundtable on the government’s proposed ban on tenant fees generated ten top tips for growing your business.  We plan to...

22 April 2017

From: Features

Hunters profits up 31% in agency's first year on the stock market

Hunters has told investors that its revenues rose 15 per cent to £13.8m in the year to the end of December,...

13 April 2017

From: Breaking News

Mortgage market review

In recent years the mortgage industry has gone through some testing times. Recession and regulation have led to more stringent lending...

08 April 2017

From: Features

Twelve new EweMove franchises added so far this year

Property Franchise Group - formerly known as Martin & Co - has announced that 12 EweMove franchises have been sold in...

05 April 2017

From: Breaking News

Countrywide share price, once over 685p, falls below 150p

Countrywide’s share price, which just over three years ago was riding high at just above 685p, has hit a new low...

05 April 2017

From: Breaking News

James Dearsley: Carrying PropTech forward with visual stimulation

This week, it would be very easy for me to focus on the startling figures that easyProperty logged with Companies House...

05 April 2017

From: Breaking News

Investors 'have full confidence in easyProperty' says company CEO

The chief executive of online easyProperty says the company’s investors “have full confidence” in the firm despite it announcing an operating...

03 April 2017

From: Breaking News

The world is your oyster! Q & A with AIPP’s Peter Robinson

Peter Robinson, CEO of AIPP – Association of International Property Professionals – shines a light onto the international property market. Some UK...

01 April 2017

From: Features

Property Natter: How to improve your agency - a view from the inside

For my latest Property Natter I have sought the opinions of two well-known property consultants - Michael Day, managing director of...

01 April 2017

From: Features

easyProperty group may seek extra funding after £11m operating loss

Figures lodged at Companies House by online agency easyProperty suggest parent company EProp Services will seek additional funding this year. A strategic...

31 March 2017

From: Breaking News

Winkworth plans to bounce back after 25% fall in pre-tax profits

Winkworth’s annual figures for 2016 reveal a franchise turnover drop of six per cent and a pre-tax profit fall of 25.6...

31 March 2017

From: Breaking News

Savills reports 'resilient' UK home sales despite Brexit jitters

Savills has revealed relatively strong figures for 2016 in its report to the City this morning, with group revenue up 13...

22 March 2017

From: Breaking News

Multi-million investment for agency giving 'guaranteed price' to sellers

Nested, the chain-breaking estate agency that offers vendors a guaranteed sale of their property within 90 days, has secured a new...

21 March 2017

From: Breaking News

Foxtons: lavish praise from investment chiefs despite profits fall

Foxtons has received lavish praise from investment consultancy Jefferies despite long-term share price worries reflecting its mixed performance in the troubled...

20 March 2017

From: Breaking News

Public prejudice against online house sales is waning, insists agency

An online estate agency which says it could be the next Purplebricks says prejudice against internet property transactions is waning  “With Neil...

17 March 2017

From: Breaking News

Countrywide shares hit record low after bank downgrading

Swiss bank UBS has downgraded Countrywide’s status to ‘sell’ in a move which has prompted the troubled estate agency’s share price...

16 March 2017

From: Breaking News

Countrywide reveals annual cost of restructuring

Countrywide has revealed that in 2016 it spent over £8.1m on redundancies, some £7.4m on contract costs relating to closed premises,...

13 March 2017

From: Breaking News

Countrywide: 200 branches shut, online 'working well'

It's been revealed that Countrywide has lost 200 branches in its reorganisation - that's around 20 per cent of its branch...

09 March 2017

From: Breaking News

Foxtons profits dive thanks to Brexit and stamp duty

Foxtons' figures released to the City this morning confirm a huge slump in sales in 2016 - and even lettings revenue...

08 March 2017

From: Breaking News

LSL the latest firm expected to enter 'digital' market

LSL Property Services - which owns high street agency brands Your Move, Reeds Rains and Marsh & Parsons - is the...

08 March 2017

From: Breaking News

A look into the future of the buy-to-let market

With tax relief changes, a rise in Stamp Duty for second homes and strict mortgage affordability checks now in place, it...

04 March 2017

From: Features

Strong year for Connells with sales and lettings both rising

Connells Group has announced strong figures for 2016 with the total number of properties sold rising five per cent and lettings...

02 March 2017

From: Breaking News

Agent extends key new homes role across a second Sequence brand

Jason Howes, the regional director for land and new homes at Barnard Marcus, has extended his role to lead the Fox...

28 February 2017

From: Breaking News

What does the future hold for the buy-to-let market?

Over the past two decades, investing in buy-to-let has been a relatively easy way to make money, which is why so...

25 February 2017

From: Features

Will incorporation affect the agent/landlord relationship?

The buy-to-let market has gone through significant change in the last year and with the Budget just around the corner, what...

25 February 2017

From: Features

Rightmove reveals more agents, more visits and more profits in past year

Rightmove has released its figures for 2016 and as predicted they show the portal streaking ahead of all rivals. It reports record...

24 February 2017

From: Breaking News

Developer to build fewer homes after 'poor quality' issues

A house builder has set aside £7m to spend on repairs to its own new properties after a series of complaints...

21 February 2017

From: Breaking News

What we learnt about the Government post-White Paper

If you work in lettings, I’ll already have a pretty good idea on how you feel about the current Conservative Government.  The...

11 February 2017

From: Features

James Dearsley: One week, two major PropTech developments

The first week of February has seen some extraordinary goings on in the property sector, from which two stories particularly stand out...

08 February 2017

From: Breaking News

Portal peace in our time

It’s over. Done. The only ones interested are those with too much time on their hands. For God’s sake - behind...

04 February 2017

From: Features

Agents - it’s time to get back to basics

Welcome to February! It means that 2017 is well under way and we’re edging closer to Spring – a time when...

04 February 2017

From: Features

Zoopla says member-agents made £15m-plus from IPO share offer

Zoopla has released details of the profit some of its agents have made from its 2014 offer to purchase shares at...

03 February 2017

From: Breaking News

City consultancy says Zoopla to enjoy 'big upside' with Hometrack

A City consultancy has issued a note to investors backing Zoopla Property Group’s acquisition of data company Hometrack, suggested there is...

02 February 2017

From: Breaking News

How can estate agents secure more new build housing instructions?

Lots of people buy new-build due to the perceived lack of hassle with maintenance, as they are built to the latest...

28 January 2017

From: Features

Property Natter: why people crave instant gratification

Instant gratification is nothing new. It’s been around for millennia. It’s an in-built survival instinct for humans – that want, that...

28 January 2017

From: Features

Agency selling home with a difference - all profit goes to charity

Winkworth estate agency in the west London suburb of Chiswick is currently marketing a home with a difference - because all...

26 January 2017

From: Breaking News

UK's largest independent group appoints new regional partner

Estate agency haart has announced the appointment of a new regional partner for South London. Kieran Hogan will oversee 13 branches from...

24 January 2017

From: Breaking News

Three things agents need to consider in 2017

2016 was quite a year – eventful, dramatic, shocking and impossible to predict. In no particular order, we saw Leicester winning...

18 January 2017

From: Sponsored Content

Countrywide: City analyst less gloomy about group's prospects

Countrywide’s long-term share price decline and turbulent branch closure programme have not prevented a relatively positive endorsement of the group’s strategy and...

16 January 2017

From: Breaking News

Farewell to 2016 and a cautious welcome to 2017

There is no doubt that 2016 managed to catch the world by surprise on more than one occassion.  But will 2017 be...

14 January 2017

From: Features

Brexit boost for Savills as foreign buyers push profits higher

A surge in sales of London properties to overseas buyers taking advantage of the Pound’s post-referendum collapse has helped Savills exceed...

13 January 2017

From: Breaking News

Ability to cut staffing is critical to Foxtons future, says analyst

The flexibility of Foxtons’ business model - especially its ability to control headcount, including the number of agents it employs -...

12 January 2017

From: Breaking News

New homes: Sajid and Gavin must do better

Now I’m not one to lose sleep over politicians, but it strikes me that Communities Secretary Sajid Javid and Housing Minister...

07 January 2017

From: Features

It’s time to look North for lettings income

If you provide a service, you expect to be paid for it. Sound fair? But with the forthcoming ban on tenant...

07 January 2017

From: Features

Internet property pioneer says online agents must raise prices

One of the earliest entrepreneurs to found a website to allow for-sale-by-owner property listings back in 2000, predicts current online agents...

05 January 2017

From: Breaking News

Right-wing think tank blasts 'more than a little misleading' Shelter

The Adam Smith Institute, a right-wing think-tank, has blasted the campaigning charity Shelter over its allegations of land-banking by house builders in...

21 December 2016

From: Breaking News

Quote, unquote - What the industry said in 2016

Forecasts are so last year: who anticipated Bowie, Brexit or Balls for example? Quotes, on the other hand, really ARE last year...

17 December 2016

From: Features

Agents Do Charity - with just one week to Christmas...

Only a week to the Christmas break and still our industry goes above and beyond the call of duty to raise...

16 December 2016

From: Breaking News

Newly-launched PropTech company joins ESTAS sponsor roll-call

The ESTAS awards have a new main category sponsor - PropTech company OneDome. The OneDome service, launched last month, provides free-to-use information...

14 December 2016

From: Breaking News

Strutt & Parker counts the cost of central London stamp duty hike

Strutt & Parker has seen a fall in revenue and profits for the year ending April 30 - and it puts...

12 December 2016

From: Breaking News

Are landlords about to ditch letting agents and go it alone?

Next year is likely to be a challenging time for letting agents, following a raft of changes introduced by the government...

09 December 2016

From: Features

The fees ban will force agents to seize the day

Carpe diem, seize the day – whatever you call it, it’s something all of us in the property industry should be looking...

09 December 2016

From: Features

Purplebricks now in profit and gets £1,000 per instruction

Purplebricks says it is receiving an average revenue per customer of £1,000, has more than doubled instructions and is now generating...

05 December 2016

From: Breaking News

Brexit and 'attack on buy to let' cuts demand for homes by 20%

A housebuilder that has in the past profited from its concentration on high-end London schemes says demand for its units is...

05 December 2016

From: Breaking News

How to spot fake estate agent reviews

2016 has undoubtedly shone a spotlight on the reviews industry and drawn into question the legitimacy of online customer reviews.  Amazon, amongst...

03 December 2016

From: Features

The market is dead, long live the market

Listening to all the coverage of the tenant fee ban, all I hear is consumer groups talking about how some agents...

26 November 2016

From: Features

Foxtons' transactions to drop 10% in 2016 then flat in 2017 - forecast

Jefferies, the City investment service known for its analysis of major residential sector firms, forecasts Foxtons’ transactions to fall 10 per...

18 November 2016

From: Breaking News

University claims top house builders enjoying soaring profits

A university claims house builders are securing “soaring profits” despite the worsening housing shortage across the country.  Research by Sheffield Hallam's Centre...

17 November 2016

From: Breaking News

Agent and conveyancer relationships must go beyond the bottom line

Working relationships between estate agents and conveyancers can be mutually beneficial with the referral of work between parties. However, they are missing...

12 November 2016

From: Features

Revealed: secrets of the success of Britain's youngest agent

An Essex estate agent who believes he is the youngest in the industry has explained his success to Estate Agent Today...

08 November 2016

From: Breaking News

Agents 'warn downsizers not to over-estimate property profit'

Older homeowners are unrealistic about how much money they will raise from downsizing, and estate agents are warning them to manage...

08 November 2016

From: Breaking News

Rightmove may be world's most profitable property portal, says analyst

A leading PropTech analyst has compared the finances of many of the world's leading property portals and says Rightmove is earning...

03 November 2016

From: Breaking News

Going, going, gone through the roof – sky’s the limit at auction

Auction rooms across the UK are filled with people looking to buy property, from bargain hunters to seasoned investors, ensuring that...

22 October 2016

From: Features

Rent rises are inevitable after tax clampdown on buy-to-let

Buy-to-let landlords may have failed in their recent legal battle against planned government tax relief changes for buy-to-let homes set to...

14 October 2016

From: Features

Portal guru praises Rightmove and Zoopla for 'opposing strategies'

A technology business adviser who has surveyed property portals across the world has praised Rightmove for its determination to become the...

13 October 2016

From: Breaking News

20% Brexit exchange slump but agency partners get bonus boost

Knight Frank has reported a four per cent rise in annual revenues to £461m but a five per cent drop in...

11 October 2016

From: Breaking News

Several estate agencies expand and announce key appointments

Several estate agencies have announced new appointments and strategic moves - underlying speculation that the housing market remains relatively stagnant. CKD Galbraith, a...

04 October 2016

From: Breaking News

Property Natter: Q & A with Glenn Ackroyd

This week we have the Head Shepherd of EweMove, Glenn Ackroyd, in the hotseat. He’s been co-owner of EweMove Sales and Lettings,...

30 September 2016

From: Features

Is buy-to-let investing still a safe bet?

The huge rush to acquire buy-to-let property in the first quarter of the year ahead of the stamp duty change deadline...

09 September 2016

From: Features

Property Natter: let's embrace change as an industry

Later on, the title of this piece should become clearer (at least I hope so). First, though, a few bits and...

09 September 2016

From: Features

Hunters seeking more acquisitions as it bats off Brexit uncertainty

Hunters has delivered an upbeat report to shareholders, claiming income up 42 per cent in the first six months of the...

09 September 2016

From: Breaking News

Another house builder starts post-Brexit vote period with strong figures

Barratt Homes is the latest housebuilder to report strong figures - for the period up to the EU referendum - with...

08 September 2016

From: Breaking News

Franchise group grows despite Brexit and stamp duty unsettling market

Franchise network Belvoir says a combination of Brexit and stamp duty have unsettled the housing market - although despite this the...

06 September 2016

From: Breaking News

The future looks bright for Bristol

A campaign has been launched to make Bristol the colour capital of the UK by ensuring that more homes are painted...

02 September 2016

From: Features

Another hybrid agency claims substantial increase in completions

EweMove, which describes itself as the UK’s first hybrid estate agency, claims it has seen completions over the past two months...

31 August 2016

From: Breaking News

Brexit see-saw - now the housing market looks stronger since vote

The see-saw of conflcting post-Brexit indicators is continuing with figures from house builder Persimmon suggesting a strong housing market - contradicting...

24 August 2016

From: Breaking News

Demand for surveys growing stronger despite Brexit, claims association

Members of the Residential Property Surveyors Association say there has been no drop-off in instruction levels during August, confounding pessimists who...

19 August 2016

From: Breaking News

More evidence that Brexit impact on market is less than expected

There has been another indicator that the Brexit effect on the UK housing market has been less severe than some anticipated. Bovis...

16 August 2016

From: Breaking News

Agents Do Charity - and they're gold medal winners...

Britain’s gathering Olympics medal haul is heart-warming, but our heroes in Rio are not the only ones doing great work and...

12 August 2016

From: Breaking News

Savills' fee income up but it warns 'Brexit effect' on market still unclear

Savills residential fee income rose 10 per cent in the first six months of 2016 but the firm warns that it’s...

09 August 2016

From: Breaking News

LSL says profits and revenue up but sales 'suppressed' for rest of 2016

LSL Property Services - which owns agency brands including Your Move, Reeds Rains and Marsh & Parsons - has reported strong...

02 August 2016

From: Breaking News

Countrywide reveals first details of online sales service roll-out

Countrywide has given Estate Agent Today some early details of how its mix of online and traditional agency services will roll-out...

01 August 2016

From: Breaking News

Senior Tory MP is latest to raise concern at Land Registry sell-off threat

MP Bernard Jenkin, the chairman of the public administration committee, is the latest to raise concerns at the possible privatisation of...

01 August 2016

From: Breaking News

Foxtons reviewing branch openings after huge profits slump

Foxtons is reviewing its programme of branch openings in London because of the slowdown in the capital's housing market. In figures released...

29 July 2016

From: Breaking News

Countrywide: 9% revenue growth and online roll-out despite Brexit concerns

Countrywide has confounded its critics with an upbeat performance in the first six months of the year, growing revenues by nine...

28 July 2016

From: Breaking News

Brexit: Rightmove, Connells and builders say uncertainty is easing

Rightmove says it is confident of keeping on track to deliver its expected results and profits throughout 2016 despite the unexpected...

28 July 2016

From: Breaking News

City's new 15% surcharge on foreign buyers - could it happen here?

One of the western world’s ‘hottest’ city residential markets has introduced a near-instant 15 per cent price surcharge on properties purchased...

27 July 2016

From: Breaking News

Purplebricks marketing chief off-loads almost 250,000 shares in agency

  The chief marketing officer of Purplebricks, Joby Russell - who in the recent past has described the hybrid as “the UK’s...

26 July 2016

From: Breaking News

Agency warns May's house price legacy could be marred by Brexit

London house prices rose by 251 and 209 per cent respectively during Thatcher’s and Blair’s time at Number 10 - but...

26 July 2016

From: Breaking News

Gloomy Brexit sentiment data released ahead of key Foxtons figures

There has been a gloomy response to the latest Knight Frank measure of house price sentiment - the first of its...

25 July 2016

From: Breaking News

PropTech crowdfunding platform lays off 30% of staff as business falls

The high-profit property crowdfunding site Property Partner has laid off 13 of its employees - equivalent to around 29 per cent...

21 July 2016

From: Breaking News

Bank says online agents are growing, but warns on Purplebricks value

Swiss bank UBS has given an upbeat assessment of online estate agencies in the changing housing market - but it warns...

14 July 2016

From: Breaking News

Those dire Brexit housing market warnings - were they just 'Brexcuses'?

An equities analyst has suggested that some of the most extreme warnings of housing market chaos after a Brexit vote came...

08 July 2016

From: Breaking News

More trouble for landmark housing scheme as another fund halts

Housebuilder St Modwen has been forced to write down the value of the landmark Nine Elms regeneration scheme because “recent transactional...

06 July 2016

From: Breaking News

Agency and property shares stabilise after early Brexit panic

Agency and other property shares that have been buffetted in the past two trading days have now stabilised - in most...

29 June 2016

From: Breaking News

Countrywide, Purplebricks, Foxtons share prices tumble - portals less so

As post-Brexit referendum vote shockwaves continue to reverberate around stock markets and currency exchanges, many publicly-quoted property companies took a hit...

28 June 2016

From: Breaking News

Foxtons issues profits warning as Brexit jitters continue

Foxtons says the vote to leave the EU means the expected upturn in the housing market in the second half of...

27 June 2016

From: Breaking News

CMA repeats concern over 'monopoly' privatised Land Registry

The Competition and Markets Authority has reiterated controversial remarks about the government’s proposed privatisation of the Land Registry. Last month it surprised...

24 June 2016

From: Breaking News

The current state of play in the property portal market

With more house-hunters than ever now starting their search for a new home by typically looking online on one of the major...

17 June 2016

From: Features

Purplebricks sells £2.8bn worth of property - plans to launch in Australia

In a very buoyant report to the City, Purplebricks claims it has sold £2.8 billion worth of property in the year...

16 June 2016

From: Breaking News

Purplebricks 1, Old-style online agencies 0

Forgive the footballing headline – perhaps inevitable now that Euro 2016 has started – but several decisions and statements across the...

10 June 2016

From: Features

2016 half year news round up for Estate & Letting agents

As we have just passed the 6 month half way point of 2016 we thought it would be a good idea...

09 June 2016

From: Sponsored Content

CMA challenges government over Land Registry privatisation

The Competition and Markets Authority (CMA) has challenged the government over its renewed attempt to privatise the Land Registry. Last week's Queen's...

24 May 2016

From: Breaking News

Land Registry: anti-privatisation campaign gathers momentum

An online petition against the privatisation of the Land Registry now has around 225,000 signatures with just over a week to...

17 May 2016

From: Breaking News

Win more instructions in Manchester

Last few seats in Manchester. Use “June50” to get £50 off. “Social media is like exercise. We know that we should do it...

12 May 2016

From: Sponsored Content

What does Sadiq Khan’s victory mean for housing in London?

The new mayor of London Sadiq Khan has pledged to do all in his power to help make London “better” after...

12 May 2016

From: Features

Hold the front page? Don’t bother – no one reads it any more

I wish it were otherwise, but there’s a crisis just beginning to sweep over newspapers – with, a bit beneath the...

06 May 2016

From: Features

Online, traditional – can we learn anything from the conveyancing industry?

I have spent the last 20 years working within the conveyancing business, alongside estate agents and I can’t help feeling a...

06 May 2016

From: Features