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Spare a thought for Upad’s founder, says leading industry figure

Former Douglas & Gordon executive director and Viewber founder Ed Mead has posted a video asking the industry to understand the stresses and strains that that anyone starting up a business can...

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Housing minister reveals tech ‘revolution’ for newbuild homes

Housing minister Esther McVey has announced plans for a ‘tech revolution’ to help SME builders find sites and yesterday hosted a round-table meeting with several proptech firms to kick the project...

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Purplebricks to move away from rewarding LPEs for listings

Purplebricks CEO Vic Darvey has made more candid comments about the company’s performance, revealing that he is planning to change the way it incentivises its LPEs as it ‘refocuses’ on the UK property...

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Court freezes assets of family behind collapsed holiday home firm

The dramatic collapse of a holiday home park moved to the high court yesterday when an assets freezing order was issued against the family who formerly ran the company behind it. In April this year it...

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Managing agents could be sued under selective licensing laws

Letting agents who fail to obtain licences for rented properties that fall under selective licensing rules could be held jointly accountable with the landlords, says David Kirwan (below), from Kirwans...

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Exclusive: Former big agency MD reveals why he’s embraced hubs

Chris Nathan, the former managing director of 14-branch South of England estate agency Cubitt & West, has taken the plunge and started up his own business in the commuter town of Reigate. That’s...

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‘Purplebricks will never reach 30% because vendors know good service costs...

Earlier this month nine-branch London estate agency Chief Executive Lee Pendleton created a stir when he said agents should stop wearing ties and had his own cut in half to make the point. It was, of...

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£125,000 – price of ‘leafing’ Brexit behind!

Many of us are overwhelmed by Brexit, we dream of being away from the madness and frustration, so consider this – the perfect hideaway for someone who wishes the politicians, the pundits and the...

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Belvoir pair pay £1 million to buy up established lettings rival

Belvoir has made the unusual move of revealing how much one of its franchisees has paid to buy a rival agency. The company says its Brighton franchisees Nathan Crombie and Wai Lam (above, LtoR) have...

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Will Brexit prevent estate agents working in the EU?

One item not mentioned within Boris Johnson’s Brexit bill is whether estate agents based in the UK will be able to work on the continent when we leave the EU. At the moment British estate agents...

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Industry stars to gather today at Parliament to get their qualifications awards

The industry’s most promising young estate agents are to gather at Westminster today to find out who are the winners of this year’s Propertymark Qualifications awards. Hosted by Lord Best, OBE the...

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Tenant matching sites IdealFlatmate pulls crowdfunding campaign

Lettings platform IdealFlatmate has pulled its crowdfunding campaign to raise £1.3 million after failing to raise enough cash from potential investors. The two-year-old company, which helps renters...

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Rents rising in Wales after fees ban, say tenants!

One of the UK’s leading tenants’ organisations has revealed that rents are beginning to rise in Wales just a few weeks after the tenant fees ban began. Renters Union UK says it has strong anecdotal...

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OnTheMarket ejects London estate agency after candid comments

An estate agent in SW London is to be removed from OnTheMarket after revealing that, although it was unlikely to pay for the portal’s service, the company was happy to continue trialling its service....

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Purplebricks LPE wins agency’s first Propertymark Qualifications gong

Lord Best, the key architect of the government’s plans to police the industry, told a packed room of leading property figures yesterday that the UK will enter a ‘whole new era for estate agency’ when...

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Three estate agencies expelled from The Property Ombudsman scheme

Kingsman Property Limited, in Ilford, Essex, was expelled from The Property Ombudsman owing a landlord £14,921. A landlord made a complaint to The Property Ombudsman claiming that the agent failed to...

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NAEA president urges agents to sleep rough and raise £40k for homeless

Over 100 estate agents have signed up to sleep rough overnight on November 21st in London’s Olympic Park in a bid to raise £40,000 for homeless charity Centrepoint, but more are needed says organiser...

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Industry Rising Stars award winners: hopefully we’ll get a pay rise now!

Official Properymark Rising Stars of 2019 Heather Fraser and Laura Young had an inkling they might win the accolade after being invited to the House of Parliament yesterday. But when The Negotiator...

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Watch out Savills! US luxe lettings firm to land in London with £40 million...

An American lettings company is about to land in the UK with a £40 million expansion plan to acquire 250 apartments in London for its luxury property platform. Founded in 2013, Blueground is up and...

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Exodus of landlords is turning into a crisis, leading association warns

The exodus of landlords from the private rented market is rapidly turning into a crisis as the government’s ‘failed’ policies wreak havoc, it has been claimed. The Residential Landlords Association...

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