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Experts make new renewed call for national landlord registration scheme in...
A report into enforcement of the private rented sector has recommended that England should introduce a national landlord registration scheme, and follow in the footsteps of Wales and Scotland. Called...
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Townends and Stirling Ackroyd in surprise move to outsource financial services
Nick Dunning Associates has outsourced its financial services arm to leading mortgage broker Coreco which will work with the company’s two estate agency brands Townends and Sterling Ackroyd, even...
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Covid: Profits slump by 54% at Savills’ UK residential operation
Savills has reported a 54% reduction in profits within its UK residential business to £1.6m for the first six months of 2020, from £3.5m last year. This follows an 8% reduction in revenues as trading...
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LSL reveals hefty cost of its failed merger attempt with Countrywide
LSL has revealed that it’s aborted attempt to merge with Countrywide last year cost the company £2.4 million in legal and other costs. The figure, which wasn’t revealed in earlier information...
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Knight Frank reports sales boom for July as registrations, instructions and...
Leading prime estate agent Knight Frank has reported a record July and a huge surge in activity during the final week of the month, with sealed bids for family homes once again being used to manage...
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‘Nine-to-five is gone in estate agency’ says Haart – but was it ever like that?
Spicerhaart has recruited its first external Partner from outside of the business as it aggressively rolls out the hybrid-style programme across its Haart and Butters John Bee estate agencies. Ross...
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‘Say No To Rightmove campaigner: ‘We’re changing the way portals treat agents’
Murray Lee, one of the four estate agents leading the charge to change the way Rightmove and other portals operate within the property industry, has published his reaction to Rightmove’s half-year...
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Ready to Strike! Estate agency says national ‘free to sell’ service already live
Strike – the new name for hybrid estate agency Housesimple – has confirmed to The Neg that it has begun a pilot national ‘virtual service’ that enables anyone in the UK to sell their home for free via...
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BooHoo! Fashion mogul launches Tinder-style property portal app
One of the co-founders of a famous fashion label has launched an app-based property portal that promises to change house hunting in the same way his clothing company has changed the rag trade....
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Portal wars ‘back on’ as Zoopla ploughs millions into largest ever ad campaign
The portal wars are hotting up again as both Rightmove, Zoopla and OTM estate agents return to paying fully for their subscriptions and many look which offer best value. Zoopla is the latest to join...
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Rightmove results: profits, revenue and agent numbers drop
The number of estate agents listing with Rightmove has dropped by 3.5% since January as the economic downturn drives industry consolidation and the ongoing ‘Say No To Rightmove’ campaign chips away at...
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Rental deposit ‘top up’ launched as landlords struggle with five-week cap
Landlords who rent their properties via letting agents can now access a rental deposit ‘top up’ product. Launched today by Flatfair, it is designed to help landlords who have realised – often...
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Claimed evictions cliff edge this month ‘unlikely’ say letting agents
Industry accreditation body Safeagent has poured cold water on claims by housing campaigners that the UK faces a ‘cliff edge’ of evictions within the private rental market once possession hearings...
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Hybrid lettings firm raises £2.29 million from investors and government Covid...
Hybrid lettings agency Howsy has raised an additional £2.29 million in funding via the Seedrs crowdfunding platform after asking for just £250,000. This includes £1.14 million from the government’s...
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Brothers sentenced over firearm attack on estate agency
Two brothers who discharged an air pistol at an estate agency window and damaged one of the company’s cars after being told they were to be evicted from their rented home have been jailed after...
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Online lettings agency wins extra £4m from taxpayer-backed fund and VCs
Online lettings agency Mashroom has raised a further £4 million from investors including a taxpayer-backed fund, taking its total raise to £7 million. Mashroom was founded by former venture capitalist...
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Significant numbers of home buyers and sellers moving to auctions
The UK’s largest auction house has revealed that 39% of the properties sold at its auctions last month were bought as primary homes, contracting the long-held view that auctions are only for...
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Self-funded iPhone social media app for home movers goes live
A free smartphone app that is a cross between Facebook, a storage drive and a property portal has launched on the Apple App Store. DoorProp enables agents, buyers, vendors, home-owners, landlords and...
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Leaders makes another push into ‘virtual branches’ with northern cold start
Yet another major estate agency has announced a further push into hybrid operations with a ‘virtual branch’ cold start. Leaders, which has 116 offices all over the UK, says its latest expansion effort...
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Make the stamp duty holiday permanent, urges leading estate agency
Knight Frank has made the unusual decision to wade into government housing policy and has urged the Chancellor to make the current stamp duty holiday permanent. The estate agency has decided to make...
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