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Historic independent estate agency bought by Newton Fallowell
The sales and lettings business of estate agency Escritt Barrell Golding, one of the nation’s oldest independent residential estate agents, has been bought for an undisclosed sum by Newton Fallowell,...
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Is the proptech bubble beginning to burst?
The number of proptech firms in the UK has dropped over the past six months, indicating that the huge growth seen in the sector in recent years could be starting to slow. Since the early noughties...
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Let Alliance partners with TransUnion to transform Tenant Referencing
Until now tenant referencing across the lettings industry relied upon tenant referencing companies accessing publicly available credit information only. This credit information is limited to details...
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Newbuild property flipping in London is ‘finished’, claims leading estate agency
The once popular property investment phenomenon of ‘apartment flipping’ has ground to a halt in London, it has been claimed. Tim Hassell (pictured, above) of leading London estate agency Draker says...
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Tenant fees ban ‘set to change the way rental property ads are written’
Adverts for rental property will have to change significantly in the coming months as the practical application of the tenant fees ban is worked out on the ground, it has been claimed. ARLA...
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Political change: catalyst for buy to let revision?
Conservative MPs are queuing up to contest leadership of the party and become Prime Minister, says Andrew Turner at Commercial Trust, but who, do you believe, would be the best candidate for PM? The...
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Are agents still untrusted by the public? Not any longer, suggests survey
Being an estate agent may no longer be something to hide, a survey of 1,200 members of the public has revealed. Agents regularly appear at the top of surveys listing the least trusted or liked...
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Housing market set for summer revival as movers give up on Brexit ever happening
The housing market is set to enjoy a ‘remarkable’ revival this summer as house prices bounce back after three years of Brexit-induced catatonia in many parts of the UK. Reallymoving.com says analysis...
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Government pumps £142 million into plan to build 8,500 new homes
Thousands of homes will be built in growing communities as a result of a £142 million investment in infrastructure, Housing Minister Kit Malthouse MP has revealed. The money will be spent on widening...
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Will it be another female President in 2021 for ARLA?
The Association of Residential Letting Agents (ARLA) could soon have its fifth female President in just nine years after it was revealed that the two candidates in the final run-off to become the next...
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CMA investigation into mis-sold leaseholds begins in earnest
The Competition and Markets Authority (CMA) has formally launched its investigation into the UK’s home buying process, focussing on the ‘fairness, clarity and presentation of some leasehold contract...
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Countrywide appoints HR specialist to its main board as branch closures rumoured
Countrywide has appointed the former Human Resources boss of estate agency LSL to its board as a non-executive director, replacing outgoing board non-exec Jane Lighting. Lisa Charles-Jones (pictured,...
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Estate agents are significantly over-pricing houses by up to £82,000
Asking prices in London and the Home Counties are significantly out of kilter with final sold prices including a gap of £82,100 in the South West of the capital, analysis of industry data has...
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Minister meets key industry players to discuss discriminatory ‘No DSS’...
Key representatives of the property industry have attended a round table meeting with Housing minister Heather Wheeler to discuss how to implement a ban on landlords and letting agents preventing...
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Rental insurance ‘firsts’ launched to protect both tenants and landlords
When tenants face unexpected financial problems, their landlord can also quickly feel the pain. To solve this, Legal & General has announced the successful completion of the pilot phase of its new...
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Tenant fees ban: warning issued about deposits and first month’s rent
ARLA Propertymark says it has found a significant legislative gap in the Tenant Fees Act that, if agents are not careful, could see them fined for breaching the regulations without realising it. The...
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OnTheMarket converts 8% of remaining ‘freebie’ agents to paying customers
OnTheMarket has signed up 1,000 more of its member agents to paying contracts, 57% of which have signed long-term agreements that come with shares, while the rest have committed to one-year contracts...
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ANOTHER independent sells up its managed portfolio to a franchised corporate
The increasing number of independent letting agents cashing in their portfolios and exiting the market has been highlighted following the latest business acquisition by Martin & Co in Essex. Its...
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Four Berkshire estate agencies named following CMA cartel investigation
The latest price-fixing cartel investigation by the Competition and Markets Authority (CMA) has completed its initial phase and named four estate agencies in Berkshire. These are Michael Hardy,...
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Romans’ CEO apologises for staff’s price fixing activities in Berkshire
Romans CEO Peter Kavanagh (pictured, below) has released a statement following today’s news that it is one of four Berkshire agents found by the Competition and Markets Authority (CMA) to have broken...
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