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RICS says supply to England’s sales market continues to “wane”
RICS has reported an ailing sales market within its latest survey of agent sentiment, which each month is carried out among its members across UK. In an unusually forthright report, the figures for...
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Larger agencies to report on gender pay gap by April 2018
Estate agency firms with more than 250 employees must publish detailed data about their gender pay gap by April 2018, the government has announced. The new rules will ask companies to look at their...
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Historic photo? CIELA members snapped at first meeting
Behold CIELA, or the Charter for Independent Estate and Letting Agents, in the flesh. This photograph was taken at their inaugural gathering in Bicester, Oxfordshire yesterday where they spent five...
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Hickamore, Hackamore! Squirrel photo-bombs listing for £395,000 Beatrix...
Picture of the week goes to the Purplebricks LPE who took this photo of a red squirrel for the images used to market a house for sale near Coniston in the Lake District. The red squirrel’s decreasing...
View ArticleZoopla TV ad gets its claws into the property market
The new Zoopla TV ad has been released. And it’s got legs. Plenty of them. And the stars are hermit crabs with model homes stuck to their backs. Hermit crabs, it seems, are the only creatures that move...
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NLA questions Right to Rent scheme
The Right To Rent immigration control scheme introduced by the government in England last February is not having the “desired effect”, the National Landlords Association says. The comments come from...
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Hunters share price drops despite upbeat results
Hunters’ York headquarters. The City’s belief that even the largest estate agent chains have an underlying problem is highlighted by the Hunters share price which, after its up-beat annual results were...
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Will the snap 2017 General Election slow the Spring property market?
Will the property market now face a six-week close-down as movers wait to find out what happens after the 2017 General Election called today by the Prime Minister, Theresa May? On previous form, it...
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Company landlords surge to take a fifth of the market
The number of company landlords has increased by 6% over the past three months to a record 20% of the market, it has been revealed by Countrywide. The figure is the highest proportion recorded by the...
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New world prefabs could solve our housing crisis
Apex House, Wembley New world prefabs could solve our housing crisis, say the experts – and we’re not talking about the future – we’re ahead of the game in the UK. Europe’s tallest modular (formerly...
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Theresa May does it her way – 8th June is Election Day
Election Day has been confirmed by Parliament and it will take place on 8th June 2017 – and by a massive majority of 522 to 13, a result that must have delighted the Prime Minister, Theresa May who...
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Spring bounce for the housing market says Rightmove
Positive noises coming from Rightmove’s latest report: a 1.1% (+£3,547) rise has pushed the national average to £313,655, exceeding the previous high of £310,471 set in June 2016. This has been driven...
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Millennials on the move as housing market shifts
Millennials, (that’s anyone aged between 25 and 34, born between the mid-1980s to the mid-1990s, according to the Government), make up 13.9 per cent of the total of the UK population and we hear a...
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Demand outstrips supply by 100% for new homes in Manchester
Demand outstrips supply when it comes to new homes, with the gap growing wider every month. The latest statistic being that over 1,000 sales enquiries have been received from potential buyers of...
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Former Ascot property developer jailed for £640k fraud
A former Ascot property developer, who hijacked details of an offshore company in the British Virgin Islands and forged documents to commit fraud and evade VAT, has been jailed for three years and...
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Rents rise and stock shrinks as landlords sell up
ARLA Propertymark (Association of Residential Letting Agents) has just published its March Private Rented Sector (PRS) Report and with rising rents and increasing sales, it’s not all good news. In...
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Lomond Capital’s £37.5m pot to buy estate agencies
Lomond Capital is set to join property giants such as Countrywide and the Leaders and Romans Group as agency acquisitors on a mission. Its latest purchase is the purchase of a majority stake in the...
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Cluttons saved from closure by Rcapital
Rcapital, the UK based private investor, has entered into a partnership with Cluttons LLP to support its corporate restructuring and future growth. Cluttons is a long established (1765) highly regarded...
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Low-fee referencing check service launches
A new low-fee referencing check service that enables agents and landlords to vet tenants quicker and more affordably has been launched by a Wirall-based company. The move comes as agents and landlords...
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Jeremy Corbyn reveals Labour will crack down even harder on rental sector
Labour leader Jeremy Corbyn has announced that if he wins power the private rented sector would see the introduction of tougher regulation under his government. He told The Guardian newspaper today...
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