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Mein Güte! Purplebricks takes a share in German hybrid counterpart
Homeday team: Philipp Reichle (CTO), Friederike Hesse (COO), Steffen Wicker (CEO) and Dmitri Uvarovski (CMO) Purplebricks has bought a stake in a three-year old and loss-making German hybrid estate...
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Government moves to ban leasehold houses and cap ground rents at £10
The government is to stop houses being sold as leaseholds following the recent scandal over the 100,000 home owners who were found to be trapped in agreements that charged spiralling ground rents and...
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Facebook+Zoopla+OTM = What?
From a property point of view, social media is perceived as a means of growing awareness and increasing engagement, however, perceptions could be set to change as Facebook enters the UK property...
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The viability of your business without tenant fees
I am increasingly worried that the introduction of the tenant fee ban will lead to a huge surge in the number of lettings agents who steal their client account money. My opinion is not based on a...
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Stirling Ackroyd snaps up third London competitor this year
Nick Dunning Associates’ central and East London agency Stirling Ackroyd has bought competitor Bridge Estates for an undisclosed sum, its third acquisition this year following letting agency Lourdes...
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ZPG and OTM integrate with Facebook Marketplace
OnTheMarket and Zoopla are now listing their rental properties on Facebook’s MarketPlace, the social platform’s answer to both Ebay and Craigslist. Although OnTheMarket says it will be adding ‘tens of...
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New surveyor finding platform takes industry out of ‘dark ages’
Newly launched SurveyorsNearMe.com is claiming to be the most innovative and comprehensive comparison platform for residential surveys. It describes its market as “a next generation, latte drinking,...
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Philip! Charge Stamp Duty by £100k bands, pleads leading industry CEO
Stamp Duty should be reformed and be charged in £100,000 increments to stimulate activity within the housing market, a leading industry figure has claimed. David Westgate, Group Chief Executive of...
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Majority of house hunters now say broadband speed is ‘key’ to making offer
The UK’s broken broadband network is forcing more house hunters to consider decent access to the internet as a key reason for choosing a property, research by Strutt & Parker has revealed. Its...
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Sweet tweets
With around 6,000 tweets posted every second (that’s 500 million per day!) Twitter’s fast, short-lived culture means that tweets often come and go; making it somewhat ineffective as a communications...
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Investment properties offer sweet returns
Investors were out in force at SDL Auctions Bigwood’s 133 lot September auction which raised over £17 million with a success rate of 85 per cent. Gurpreet Bassi, Head of Residential Auctions said,...
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Hatched founder Adam Day reveals his next move after quitting Emoov
Emoov’s departed head of estate agency and Hatched founder Adam Day is to become a proptech gun for hire. After quitting Emoov earlier this week just five months after joining the fast-expanding...
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BREAKING: Is this the beginning of a leasehold miss-selling scandal?
A group of 500 newbuild property owners have instructed a leading law firm to seek compensation over their miss-sold leasehold apartments and houses which are within dozens of developments across the...
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Airbnb: ‘Example’ photos of flats within developments must include...
A corporate lets agency has agreed to change its adverts on Airbnb after a complaint from a member of the public to the Advertising Standards Agency. The watchdog was contacted after the complainant...
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Buying into opportunity
Marc Daniels The market for agencies, says Marc Daniels at Addisons, is hard to gauge right now. The summer break was busier than normal for him and he’s looking forward to the autumn months. Even so,...
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Winners! UK’s best estate agents win gongs at Westminster ceremony
If the government needs reminding of the argument for compulsory minimum qualifications for estate agents then it had to only look to a small room in the House of Lords yesterday afternoon. The...
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How much would you pay? UK’s most valuable property domain name is up for sale
Wannabe online estate agents have a chance of a lifetime to launch a business now that the UK’s most search-friendly and valuable domain property.co.uk has been offered for sale. Australian digital...
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‘Hybrid’ style estate agency in North West under new ownership
A four-year-old sales and lettings agency in Lancashire that offers a low-price, three-tiered ‘hybrid’ style service is now under new ownership after the original company behind it was voluntarily...
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Regional report
WILTSHIRE STATS: Average % of Asking Price Achieved: 98.1% Current Client Recommendation Rate: 100% Average Sale Price in Salisbury: £325,000 Jamie Mant, Sales Manager Bassets Estate Agents Salisbury...
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Recruitment realities
Recruitment. It’s full of clichés; an ever decreasing pool of talent, revolving doors and carrots being dangled, in reality, the property employment scene is mobile, healthy and packed full of...
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