Buyers should be forced to take out property fraud insurance, says lawyer...
As the conveyancing industry prepares to hear the outcome of the appeal in a landmark property fraud liability case, the legal firm representing one of the vendors in involved has called for all...
View Article‘How to take on the corporate estate agents on your patch and win’
Estate agents are aware of the seismic shifts taking place under their feet from game changing proptech launches and the increasing importance of online to legislation reform and the impact of Brexit....
View ArticleGovernment’s first time buyer Stamp Duty give-away has failed in South, claim...
The government’s attempt to kick-start the first-time buyer market by removing Stamp Duty and Land Tax (SDLT) for all but the wealthiest has proved a damp squib in London and the South, surveyors have...
View Article‘Come back to us’, Countrywide’s Peter Long asks departed talent as profits sink
Countrywide’s Executive Chairman Peter Long (pictured, above) has called for the senior figures who left the business during the Alison Platt years to return to the company as the company reveals its...
View ArticleLabour’s pet policy is “bizarre choice” says National Landlords Association
Labour’s recent proposals to give tenants greater rights to live with their pets has been questioned by the National Landlords Association. In a podcast covering a wide range of subjects published...
View ArticleRevealed: why Countrywide sales and lettings went awry during Platt years
Countrywide has revealed that it will take three years to turn the business around following the departure of Alison Platt in January, and also detailed how and why she left. During the final months...
View ArticleBe careful what you discuss with competitors down the pub, warns CMA
The Competition and Markets Authority (CMA) has warned agents who attend informal and formal industry gatherings how careful they need to be when chatting with competitors. The hundreds, if not...
View ArticleLandlords enjoyed £86,600 buy-to-let bonanza last year
Landlords who sold a buy-to-let property last year made a capital gain of £86,660 on average in the UK and had owned it for just under nine years, it has been revealed. But the capital gains made in...
View ArticleAverage salary in property is now £58,633 and grew 12% last year, it is claimed
A salary poll of property professionals has revealed that pay rises for qualified estate agents are currently at a ten-year high and that the gender pay gap is narrowing among junior agents, but still...
View ArticleCountrywide to refashion hybrid offering and beef up lettings
Countrywide’s plan to turn its business around has been revealed, including the company’s intention to relaunch its hybrid online offering. As part of its ‘back to basics’ plan, the company also says...
View ArticleFirst tenants sign up to Open Banking rent-reporting service
The recent Open Banking initiative that promised a ‘revolution’ in the way bank account data can be used by third parties is already making inroads into the private rented sector, it has been claimed....
View ArticlePurplebricks gifts new CEO in UK stock options worth £400,000
Purplebricks has revealed that its recently-appointed CEO in the UK Lee Wainright has been given stock options worth £415,000 through the company’s employee share option scheme. Lee (pictured, below)...
View ArticleuSwitch to become ITV’s Britain’s Got Talent show main sponsor
ZPG has signed a deal with Simon Cowell to make its household bills comparison site uSwitch the headline sponsor of his ITV prime-time perennial Britain’s Got Talent (BGT). The deal, which was signed...
View ArticleSpring Statement: Hammond reveals where taxpayers’ billions are being spent...
Philip Hammond updated MPs during his Spring Statement today about the government’s progress towards building more homes in the UK and revealed where and how part of the £44 billion committed to the...
View ArticleOnTheMarket signs up 1,000+ new branches via equity participation and free...
OnTheMarket Plc says over 1,000 additional agent branches have been signed up to its recently AIM-floated portal just five weeks after its shares first began trading, taking its branch total to over...
View Articleemoov investigated by advertising watchdog for third time since 2015
Hybrid estate agent emoov has been investigated for a third time by the Advertising Standards Authority (ASA) this time over claims made on its website about how much vendors can save by using its...
View ArticleLocation, Location, Location TV presenter Phil Spencer to launch property...
Location, Location, Location TV presenter Phil Spencer will this week launch a business that offers buyers a paid-for detailed property report about their intended purchase designed to give them more...
View ArticleSavills invests in two tech start-ups as it reveals bumper 2017
Savills has reported a bumper 2017 including a 7% jump in profits at its UK residential operation to £18.7 million, in stark contrast to many of its competitors including Foxtons. Group revenue, which...
View ArticleNo-fault eviction numbers declined by 5,000 last year, official figures show
The government’s recent efforts to end unfair ‘no-fault evictions’ appears to be working after the most recent figures from the Ministry of Justice (MoJ) revealed a sharp decline in their use. There...
View ArticleSavills says YOPA is now 10th largest estate agent in UK – but by what measure?
Savills has claimed that YOPA, the hybrid estate agency it invested in last year, is now a top ten UK agency. The claim was made yesterday within its preliminary full-year results for 2017 in which it...
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