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Meet the estate agent who thinks Instagram is just as important as the portals
A 27-year-old estate agent in Liverpool has launched a property firm which he says is ‘like no other’. Adam Sutton Estates claims to cover the whole of Liverpool despite having just one branch in the...
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Property shares crash by up to 12% as Coronavirus spooks investors
The share prices of every property industry company listed on the London stock exchange endured an unprecedented battering during the closing hours of Friday’s trading as the Coronavirus continues to...
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Will build-to-rent make traditional letting agents redundant?
A leading build-to-rent industry figure has reassured traditional letting agents that there will be a role for them as this emerging type of rental property eats up more and more of the sector. But...
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Founders of leading South East estate agency paid £3.8 million as they exit...
More details have emerged following the management buyout of leading 12-branch Kent estate agency Miles & Barr. The four main shareholders in the company, who include co-founders Stuart Barr and...
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Proptech has robbed estate agents of their traditional skills, say senior...
A pushback against technology among estate agents is under way as companies seek to get back to traditional face-to-face customer service and local networking, it has been claimed. Business to...
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Ian Springett is sprung from OnTheMarket
OnTheMarket plc, operator of the OnTheMarket.com property portal, has this morning announced that it has given notice of termination of employment to Ian Springett, Chief Executive Officer, with...
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Sales rise as March brings a hint of Spring!
Headlines Rightmove: “Post-election bounce as optimism returns.” Home.co.uk: “Scarcity primes the market for recovery.” NAEA Propertymark: “A positive close to the year as confidence returns to the...
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Chancellor to review business rate system
New Chancellor Rishi Sunak is planning to announce a major review of the controversial business rate system in tomorrow’s Budget, it can be revealed. Business rates have come under heavy fire in recent...
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Chestertons confirms first global franchise partner
It’s still cold and wet in England but warmer weather should soon be on the cards for Piers Williams as he becomes Chestertons’ first Ionian franchising partner. Owned and led by chief executive...
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House prices rise 0.3% in February
House prices rose by 0.3% month-on-month in February, according to the latest figures from the Halifax – slightly down on the 1.5% rise in January. The year-on-year increase also slowed to 2.8% in...
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Tech firm Goodlord wins £10m cash boost
Property technology firm Goodlord, whose software is used by hundreds of letting agents across the UK, has raised more than £10m in a new share issue. Goodlord plans to use the cash to invest more...
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Stamp out stamp duty, say experts
Calls are mounting for a change to stamp duty in tomorrow’s Budget to help keep the housing market recovery on track. Chancellor Rishi Sunak is under pressure to change the current structure, which...
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A complaint over the agent’s due diligence
Complaint The landlord said that the agent was not diligent in identifying fraudulent applications, validating authenticity of references or identifying the status of the tenant’s visa. They requested...
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Chinese buyers hit new high for prime London homes
International buyers bought 55% of all homes in London’s prime property market in the second half of 2019 – with Chinese buyers hitting a new high of 6%. A survey by Hamptons says the spike in central...
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Wish you were here? Movebubble inks deal for EcoWorld site
Lettings app Movebubble has signed a deal with sustainable developer EcoWorld to market build-to-rent homes on a site where Pink Floyd records were once made. Be:here Hayes is the first development...
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Regional house prices set to grow dramatically
Regional house prices are set to grow dramatically over the next five years as the economy is rebalanced away from London, according to a new report from JLL. Greater economic and political certainty...
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Lenders offer Coronavirus payment holidays
Moves by mortgage lenders to offer payment holidays over the Coronavirus outbreak will reassure agents fearing the imminent collapse of chains. The Royal Bank of Scotland is giving customers affected...
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LSL restructure delivers the goods despite a ‘challenging market’
2019 was not the easiest year in estate agency but LSL Property Services plc (LSL) in its preliminary results for the year to 31st December 2019, reported a positive performance with Underlying...
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Pub with potential helps Clive Emson achieve £20 million in sales
The now dilapidated Lord Duncan hostelry in Chatham sold for £115,000 after being offered at auction with no reserve. Clive Emson Land and Property Auctioneers generated sales worth over £20 million...
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Seel and Co now in Cardiff City Stadium
Huw Edwards Seel and Co auctioneers has moved its auctions to a new larger home at Cardiff City Stadium’s Ricoh suite. The first sale of 2020 will be in the biggest auction venue in Wales and marks a...
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