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Part of a trend? 21-year-old Suffolk independent estate agency shuts up shop
A renowned and award-winning Suffolk estate agency that has been in business since 1998 led by a director with over 29 years’ experience in the industry is to shut up shop. Clive Robinson has closed...
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Trading in Countrywide shares frozen as price hits new all-time low
Countrywide’s share price dropped to an all-time low of just 7.05p yesterday during volatile trading in its stock on the London Stock Exchange (LSE). This saw its share price vary so much that the...
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Code of conduct needed for letting agents and landlords to stop DSS...
A senior member of the lettings industry has recommended that ‘No DSS’ discrimination within the sector should be tackled with a new code of practice covering both letting agents and landlords. The...
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Corbyn’s latest idea: Ban ‘Permitted Development’ conversion of offices into...
Shadow Housing Secretary John Healey (pictured, above) has revealed that a Labour government would sweep aside the Permitted Development (PD) rights that currently enable offices to be converted into...
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Reapit reveals its global and tech ambitions with first CTO appointment
Property software market leader Reapit has appointed Dawson Scott as its first Chief Technology Officer and tasked him with making the company a more significant proptech player and a ‘global’ force....
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Is it the recovery? House sales rise by 6.8% year-on-year during March
The UK housing market made an unexpected recovery in March during which the number of homes sold increased by 6.8% compared to the same month last year. March is traditionally a good time for sales,...
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New camera to launch that scans and photographs rooms in just TWO minutes
A new high-tech camera is about to be launched that can scan and photograph a four-bedroom, three-reception room multi-storey house in approximately 20 minutes, it is claimed. Giraffe360, which...
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Rising star of lettings industry makes his next move
A former Foxtons negotiator who returned to his home country of Scotland to work his way up the career ladder has taken over the lettings business of his family’s firm. Riccardo Giovanacci (above,...
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Top storey: first ‘airspace’ development completes following government...
A developer in London has completed the first modular ‘airspace’ development to be built since the government announced six months ago that it was to relax ‘permitted development rules’ to allow...
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Buyers returning to London market in significant numbers, claims agency
Signs of Brexit fatigue are appearing in London as home buyers return to the market in significant numbers despite the ongoing political paralysis, it has been claimed. Chestertons, which has 41...
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Lancashire estate agent faces social media storm over ‘dreadful’ tweets
An estate agent in Lancashire has been banned from his football team’s home ground after posting an ‘obscene series of tweets’ about the death of Cardiff player Emiliano Sala from a Twitter account...
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Estate agency? A child could do it, claims Channel 4 programme
Some people claim being an estate agent is child’s play, but a Channel 4 series set to start this week is to discover whether that’s true. Called When I Grow Up and starting this Thursday, it follows...
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Regional report
ST. MAWES, CORNWALL STATS: Market Share: 72% in St Mawes and 21 per cent overall. Average House Price: £1,228,560 in St Mawes and £806,799 overall Average cost per square foot: £546 in St Mawes and...
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Rising ‘stock per branch’ signals start of tenant fees ban consolidation
The start of consolidation within the lettings industry caused by the looming tenant fees ban have been called by the Association of Residential Letting Agents (ARLA) in its latest rental sector...
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Is leasehold about to be replaced with commonhold?
Two leading legal experts have revealed that there is a groundswell of opinion in government and legal circles to replace the current leasehold system with ‘commonhold’. James Souter and Lauren Fraser...
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The rental market must evolve with renters’ lifestyles
Tom Mundy, COO Goodlord We are fast becoming a nation of renters. New figures show that almost half of all babies born today are starting their lives in rented accommodation. In 1995-96, 65% of...
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Scotland takes radical new approach to helping first time buyers
Scotland’s ruling party the SNP has announced at its annual party conference in Edinburgh that it is to offer first time buyers simple cash loans via a new Help to Buy scheme. The country’s existing...
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Pioneering father of proptech hired by leading data firm
One of the property industry’s most senior tech pioneers has been hired by fast-growing data firm TwentcyCI to be its non-exec chairman. 59-year-old Mark Witherspoon has brought on board to help the...
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Where have all the vendors gone? Housing supply hits record low in March
The supply of homes for sale in the UK hit a record low for the month of March, the National Association of Estate Agents (NAEA) has claimed. Its monthly snapshot of estate agent inventory has...
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LSL’s branch bloodbath drives down revenues by 9.3% during first quarter
LSL has revealed that the cull of more than half of its network of Your Move and Reeds Rains branches earlier this year helped drive down revenue at the two businesses by over 9%. The company says...
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