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Ivy-smothered wreck sells for £100k over asking price at Savills auction
A property in London entirely engulfed by ivy for at least eight years has been sold at a Savills auction for £100,000 over its asking price. Lot 14 of the Savills sale, which was offered at a guide...
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EasyProperty withdraws advertising claims after ASA probe
Online agent easyProperty.com has agreed to withdraw several claims about its service from any future advertising following a complaint to the Advertising Standards Authority (ASA). The complaint was...
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Former landlord launches outsourced tenant checking
A service that offers an outsourced tenant checking and vetting service to landlords and agents has launched, claiming to offer a “revolutionary” new service which goes beyond standard credit check...
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City firms bid to replace tenant deposits with insurance passport
A tenant deposits platform backed by two major City firma has launched with the aim of competing with the current cash deposit schemes. Backed by both Hiscox insurance and credit score provider...
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John D Wood says goodbye to Faron Sutaria with… free coffee?
Countrywide recently announced that the Faron Sutaria brand would be disappearing and its remaining branches rebranded as John D Wood & Co. But the change of name has been “celebrated” in an...
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Market is feeling cold winds of the general election, research reveals
The looming general election is beginning to affect confidence among home buyers and sellers, research has revealed. The number of people planning to sell their home within the next six months has...
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Agents face double whammy of fees ban and belt-tightening landlords, research...
As the government’s letting fees ban looms, agents face a second squeeze as landlords rein in spending on their properties as their tax bills rise, research has revealed. Landlords spend £3,632 on each...
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US homeowner sues portal over online valuation. Could it happen here?
One of the best-known property portals in the US is being sued by a vendor over its online valuation of her home in a suit filed at an Illinois court. Real estate lawyer Barbara Andersen alleges that...
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Savills wins Appeal Court case over unpaid £150,000 commission
It has been revealed that Savills has won an Appeal Court case and is now due a commission of some £150,000 for the sale of Mill Ride Estate near Ascot in Berkshire, which sold for early £7 million in...
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Still “too many” cases of rogue letting agents says SAFEagent
Despite recent regulatory changes and industry initiatives there are still “too many” cases of criminal letting agents stealing landlord and tenant cash, says membership-based campaigning group...
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Rental market specialist Spark Energy acquires broadband firm
Specialist private rental market utility company Spark Energy has acquired Sussex-based broadband, telephone and entertainment packages firm Home Telecom creating what the merged companies describe as...
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Outsourced viewings firm Viewber wins second round of funding
Outsourced viewings service Viewber has won a second raft or ‘Series B’ round of funding for the fledgling business launched last September by industry veteran Ed Mead and technology entrepreneur...
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YOPA claims hybrid agents will handle 50% of sales by 2020
Online hybrid estate agent YOPA has announced that it has raised a further £15 million from investors including the Daily Mail’s parent company DMGT and Grosvenor Hill Ventures, the investment arm of...
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Trinity Mirror launches campaign to take on portals for agent spend
The UK’s largest regional newspaper and digital publisher Trinity Mirror says it is to “fight back” against the increasing slice of agent marketing spend being taken by Rightmove and Zoopla. Trinity...
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Foxtons revenues down by 25% during Q1
Foxtons revenues across its three core areas of business fell during the first three months of the year compared to the same period of 2016, the company has revealed. Commission from sales sank by...
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Winkworth returns to franchise expansion in 2017 with six new branches
Winkworth is back on the franchise network expansion path after a two-year hiatus, the company has revealed with at least six opening this year. This includes one already open for business, two to...
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The Property Ombudsman expels agents in Essex and London
Two letting agents have been expelled from UK’s largest dispute resolution service The Property Ombudsman (TPO) scheme following shocking complaints from client tenants and landlords. The agents are...
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Housing crisis is deepening, says HomeOwners Alliance
The proportion of renters who aspire to be home owners has started to reduce after several years of rising aspirations, a survey conducted by the HomeOwners Alliance has revealed. An additional 250,000...
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Conservative Party Manifesto: Theresa’s 12-point plan for property
If the expected Conservative victory on June 8th materialises then what should the property industry look forward to (or not) from a renewed Tory administration? The question was answered...
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CATFEST
Estate agency trainer and Negotiator columnist Julian O’Dell and his wife Cat are hosting their third annual fundraiser music festival “Catfest”. They raised £31,272 at the 2016 event for Macmillan...
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