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Leading independent estate agency signs up to ‘alternative deposit’ service
Leading independent estate agency chain Pattinson has struck a deal with insurance-based deposits replacement service Reposit to offer tenants an alternative to paying a cash deposit. The 26-branch...
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Estate agents take 16 weeks to sell a property on average, reveals largest...
The average time to sell a property in England and Wales is 16 weeks, it has been revealed by new analysis of 93,200 house sales over the past 12 months, the largest sample ever studied. House buying...
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Shock announcement as Purplebricks CEO steps down and agency withdraws from Oz
Purplebricks has revealed this morning that founder Michael Bruce (above) is to leave the business and that it is to close down the company’s struggling Australian operation and consider leaving the...
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Brexit paranoia? Not at this agency!
Chestertons reports good news! The firm has enjoyed its strongest start to any year since the previous peak of the market in 2014 in terms of revenue and profitability, backing up its Managing...
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Huge increase in workload for TPO may lead to rising fees
The Property Ombudsman (TPO) has warned that it may have to increase the fees it charges to agents after the organisation’s operating deficit increased from £10,103 in 2017 to nearly £400,000 last...
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Smaller agencies facing ‘decision time’ over Rightmove subscriptions, OTM claims
OnTheMarket (OTM) has claimed this morning that a minor rebellion is underway against Rightmove among independent estate agents fed up with the 20% or more hike in fees introduced this year by the...
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Watch out! Final details of tenant fees ban yet to be confirmed, warns TDS
TDS has warned agents that the final details of how the tenant fees ban will be implemented by the government have yet to be set in stone and that agents need to be vigilant. The update from the...
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Former holiday firm boss opens ‘first of its kind’ estate agency
A former holiday company owner has launched an estate agency specialising in properties for sale with investment potential as second homes. Hetti Simpson, who is best known as the founder of...
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Homeowners Alliance now blames builders for the state of peoples’ homes!
The Homeowners Alliance frequently castigates estate agents for their repeated failures to please homeowners and movers… now it’s all the builders’ fault! Which makes a change, at least. Homeowners,...
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MP gains second reading for bill to unlock 200,000 mortgage ‘prisoners’
A bill introduced into parliament this week by Conservative MP Charlie Elphicke (above) that would set free 200,000 home loan ‘prisoners’ unable to re-mortgage their houses, has received its second...
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Proptech trade body relaunches and promises to work harder with agents
The UK’s main trade organisation for the proptech sector has relaunched itself, two years after initially being set up and is now promising to work harder to bring estate agents and technology firms...
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Purplebricks share price crashes to nearly £1 after shock announcement
Shares in hybrid estate agency Purplebricks crashed by almost 15% yesterday after news the day before that co-founder and CEO Michael Bruce had left the company and that it would be withdrawing from...
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Online estate agents’ model weakened by low transactions, says Codling
The CEO of recently-launched challenger portal Rummage4 has called into question the business model of online estate agents in today’s low-transactional market, during an interview on Sky News....
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Feefo, partners with new Federation of Independent Agents
Feefo, the reviews and customer insights technology company is partnering with the Federation of Independent Agents – ‘empowering the new UK – wide organisation’s members to deliver market – leading...
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London new homes specialist joins Sq. One Real Estate
Matthew Cobb Matt, previously a Director with Currell Residential – which was acquired by Savills in December 2018 – has 14 years’ experience of working on developments in the capital. Sq. One Real...
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The Negotiator Awards 2019
May is upon us – the month not the Prime Minister – and the entries for the The Negotiator Awards 2019 have already started to come in! The closing date is 31st July, which is a couple of months yet,...
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Flooding risks rise with global warming
Anyone thinking about moving home should take note – flooding is an increasing risk – be sure to check your chosen area against flood risk. The Chairwoman of The Environment Agency, Emma Howard Boyd,...
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Revealed – Britain’s fastest moving markets
The property sales and purchase system in Scotland has long been hailed as more efficient than the rest of the UK – and now there is proof – Edinburgh and Falkirk have the fastest moving property...
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Mortgage possession claims rise
Data from the Ministry of Justice reveals that mortgage possession claims have risen by 37 per cent. This follows a three-year period of stability before an initial increase in Q4 2018. Mortgage...
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The Landlord’s Friend – the ‘help to rent’ book
With more than 170 pieces of landlord legislation to navigate, the lettings market is complex, but help is at hand. Paul Shamplina and Kate Faulkner, have joined forces to co-write a new version of...
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