Outspoken SW agent Chris Wood closes his estate agency business
Chris Wood, the outspoken SW estate agent and occasional thorn in the side of both Purplebricks and the NAEA, has announced that his property business is to cease trading. The announcement comes just...
View ArticleHubs: the new buzzword in estate agency
Estate agents are under enormous pressure. Rising business rates and ever-increasing rents, the looming fees ban, a choppy sales market and competition from hybrid agents are all hindering revenue...
View ArticleScotland’s prime housing market fares well despite Brexit headwinds
Galbraith, a leading independent property consultancy, reports that the market for country properties continues to defy expectations, unaffected by Brexit uncertainty. The firm’s residential sales for...
View ArticleLondon running out of available Help to Buy homes
London is running out of Help to Buy properties, it has been claimed, as demand outstrips a relatively stable supply. The number of Help to Buy homes available in the capital has collapsed by 64% over...
View ArticleFormer estate agent ‘almost certain’ to face jail after admitting fraud
A retired estate agent in Yorkshire is facing jail after pleading guilty to fraud charges. Roger Darnton used to run an estate agency in the market town of Guisborough (pictured, above) named after...
View ArticleBanning ‘No DSS’ in adverts is a waste of time, says leading solicitor
Joanne Young is a Legal Director in the Property Litigation Team at leading law firm Ashfords LLP and specialises in housing management. “Earlier this month the Ministry of Housing, Communities and...
View ArticleWomen are choosing Winkworth
Donna Pearson Winkworth reports a 517 per cent increase in female franchisee applicants since 2014. In the past two years, 31 per cent of new recruits have been female and 21 per cent of the Winkworth...
View ArticleJobs market for estate agency facing tough three months as Brexit looms
The six-million-strong jobs sector that includes estate agents is to face a tough three months as a lack of confidence caused by Brexit continues to hammer the economy, a leading recruitment agency...
View ArticleMPs turn up heat on letting agents over ‘No DSS’ adverts
Estate agency group LSL and Hunters are to send senior executives to give evidence at a parliamentary investigation into the growing scandal of agents and landlords who stipulate ‘No DSS’ within...
View ArticleMarsh & Parsons adds new role and branch as LSL cuts elsewhere
Estate agency giant LSL may be busy cutting roles and branches in one part of the business, but within its upmarket London brand Marsh & Parsons, it’s a different story. The 30-branch estate...
View ArticleIndefinite tenancies show Labour’s ‘fundamental misunderstanding’ of PRS, say...
The National Landlords Association (NLA) has savaged Labour’s proposals to reform the UK’s private sector along German lines and introduce ‘indefinite tenancies’. Meera Chindooroy, the NLA’s Public...
View ArticleCastles Residential Sales & Lettings bucks Brexit trends
Despite Brexit and the resulting downward business trends across some sectors, Swindon-based Castles Residential Sales & Lettings continues to thrive despite the stormy economic climate. “We are...
View ArticleA great time to buy
Well, the mathematics is pretty compelling. A good quality lettings business with most of its landlords on full management contracts will typically sell for around 1.5 times turnover. If you move the...
View ArticleDM Hall staff choose Scottish health charities
L to R: Fiona Lewis, Eric Curran and Zoë Strong Staff at DM Hall chose two Scottish charities, Chest Heart & Stroke Scotland and SAMH (Scottish Association for Mental Health) to be their charity...
View ArticleEstate agency charged with 22 offences under Unfair Trading Regulations
A family-run independent estate agency in Dorset has been charged with 22 offences under the Consumer Protection from Unfair Trading Regulations including threatening to withhold a buyer’s access from...
View ArticleStill no relief from ‘unwarranted’ stamp duty rates in Hammond’s Spring...
Both increased property taxes and greater regulation of the housing market were absent from today’s Spring Budget statement by Chancellor of the Exchequer Philip Hammond, agents will be relieved to...
View ArticleEstate agency comparison site GetAgent raises £2.2 million from latest...
Estate agent comparison website GetAgent has closed a new funding round and has raised £2.2 million from several investors including the backer of Spotahome.com, TV channel Channel 4 and the founder...
View ArticleGuild expansion makes it bigger than Purplebricks, research claims
The Guild of Property Professionals may not get mentioned often when the industry discusses online agents other than to wonder what’s happening to EasyProperty. But all of The Guild’s 800 or so member...
View ArticleFormer Rightmove exec launches bid to raise £75,000 for fledgling holiday...
A former Rightmove executive who launched a platform to help holiday home owners list their properties on Airbnb is asking investors for £75,000 to help grow his fledgling business via crowdfunding...
View Article‘Now who’s laughing at our sheep logo’, says Ewemove boss
Franchised hybrid estate agency Ewemove has the best instruction-to-completion performance compared to its competitors, the company has claimed, as it pokes fun at early detractors who ‘ridiculed’ its...
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