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Another record for house prices as official figures show rapid growth

Another day, another index, another record - house prices rose 5.4 per cent annually in October according to official figures from the Office...

17 December 2020

From: Breaking News

Sheepish grins, woolly jumpers, and Ewe-tide greetings

With a headline like that, we can only be talking about the annual EweMove Christmas video, consisting of the hybrid agency’s...

17 December 2020

From: Breaking News

Agents demand immediate tax action to help market

NAEA Propertymark has written to the Scottish Government demanding it extend the current Land and Buildings Transaction Tax holiday - the...

17 December 2020

From: Breaking News

Boomin signs up OnTheMarket founder agency

Douglas & Gordon, one of the highest profile London agency networks, is the latest signing for the yet-to-launch Boomin portal. The agency...

16 December 2020

From: Breaking News

Yes Purplebricks - but how many homes do you actually SELL?

Mystery still surrounds the number of homes actually sold by Purplebricks, despite upbeat statements regarding the number of instructions it wins. The...

16 December 2020

From: Breaking News

PropTech Today: Trends to watch for in 2021

It is the end of my column for another year, my 4th if I am not mistaken.  This year has seen a...

16 December 2020

From: Breaking News

Suzy Lamplugh: TV show reveals ‘new witness’ 34 years on

A TV show relating the story of London estate agent Suzy Lamplugh will this evening reveal that there is a possible new...

16 December 2020

From: Breaking News

Agency changes Rightmove entry after watchdog intervenes

Estate agency Move has had to change a description on Rightmove following an intervention by the Advertising Standards Authority. The agency described...

16 December 2020

From: Breaking News

Christmas pics and vids - our most fantastic selection yet…

Christmas is creeping up on us and, for some agents at least, a short seasonal closedown beckons. To get us in the...

16 December 2020

From: Breaking News

Could down valuations lead to professional negligence claims?

Down valuations could leave some surveyors liable to professional negligence claims, a law firm says. Nelsons law firm says down valuations have...

15 December 2020

From: Breaking News

Purplebricks to test new pricing models next year

Purplebricks says it’s to continue to test new pricing models next year - and has not ruled out completely moving away...

15 December 2020

From: Breaking News

OnTheMarket revamp under highly-paid new chief executive

OnTheMarket is to undergo a revamp under its new chief executive, former Foxtons agent Jason Tebb - who has been given...

15 December 2020

From: Breaking News

Mental health: bigger issue in agency industry than many believe

A survey conducted by charity Agents Together suggests a large majority of industry people would like to see more focus on...

15 December 2020

From: Breaking News

More complaints to Ombudsman this year, despite market closure

The Property Ombudsman says there have been more complaints lodged about agents so far in 2020 than in 2019. This is despite...

15 December 2020

From: Breaking News

Ho! Ho! Ho! Tinsel and a spectacular political card for you today…

There’s no let up in your fantastic festive photos and videos as we enter the final laps of the race to...

15 December 2020

From: Breaking News

Cyber attack hits council searches and will take months to recover

A cyber-attack on a London council has caused some transactions to fall through and others to be significantly delayed. The attack occurred...

14 December 2020

From: Breaking News

Market frenzy to last until spring at least says Rightmove

If you fear the market will slow after Christmas, think again - Rightmove is expecting several months of frenzied transactions to...

14 December 2020

From: Breaking News

Property Jobs Today - 2020’s final look at movers and shakers

Hello - and here we are nearing the end of the strangest of years.  With agents and industry suppliers rushed off their...

14 December 2020

From: Breaking News

Stamp Duty rush causing mental health issues for conveyancers

Solicitors’ leaders say members of their industry are suffering mental health problems as a result of the workload to meet the...

14 December 2020

From: Breaking News

10 days to go - more Christmas pictures and a video here

Hello and welcome to the final full working week before Christmas 2020. With everyone pre-occupied with Covid, the festive season has crept...

14 December 2020

From: Breaking News

Branch closures and Covid lead to big LSL revenue slump

Revenues have slumped by 18 per cent at LSL Property Services, the corporate which boasts Your Move and Reeds Rains and...

14 December 2020

From: Breaking News

Boomin delays launch of portal until early next year

The launch of much-hyped new portal Boomin, originally scheduled for this month, has now been pushed back until early next year. A lengthy letter sent...

11 December 2020

From: Breaking News

Many buyers feel ‘pressured by agent to use in-house mortgage firm’

A study of 2,000 home owners shows that over a third have felt pressured by an agent into use its in-house mortgage...

11 December 2020

From: Breaking News

Foxtons reports improved sales performance this autumn

Foxtons has this morning reported to shareholders that its sales revenue has improved - although both mortgage and lettings revenue have...

11 December 2020

From: Breaking News

Cash buyers bagging big discounts in London says agency

A prominent London agency says cash buyers are securing substantial discounts in prime areas of the capital. The biggest cash discount currently...

11 December 2020

From: Breaking News

Special visitor at estate agency… well, it’s Christmas after all

Welcome to the weekend - and there are just two of these left before Christmas, so it’s time to hit the...

11 December 2020

From: Breaking News

Price falls lead to stronger sales in super-prime London says agency

In the six months to November there’s been a 79 per cent increase in sales of homes priced £5m to £10m says Knight...

11 December 2020

From: Breaking News

Agents Do Charity - a supplier, a climb, a competition, and awards

Hello and welcome to our latest doffing of the cap in honour of those in our industry fund-raising for great causes....

11 December 2020

From: Breaking News

Exclusive - Agents' training and licensing latest from the chair of RoPA

First off, hello and welcome to this new series – appearing in Estate Agent Today’s Breaking News section each month –...

10 December 2020

From: Breaking News

Do we want Flood Performance Certificates as well as EPCs?

A not-for-profit group of government and insurance industry representatives wants a Flood Performance Certificate to be issued for every home. The group,...

10 December 2020

From: Breaking News

Capital Gains Tax hike may LOSE money, says investment chief

A leading property consultancy is suggesting that a possible increase in Capital Gains Tax could end up losing money for the...

10 December 2020

From: Breaking News

Market losing steam as RICS worries about slowdown in 2021

The sales market is currently strong but the Royal Institution of Chartered Surveyors has issued a warning about a slowdown next...

10 December 2020

From: Breaking News

More Christmas pics - oh no, it's elf'n'safety!

Hello - December is whizzing along. Do you know it’s just two weeks today that we will be enjoying Christmas Eve?...

10 December 2020

From: Breaking News

UK’s property taxes highest in world according to official figures

The UK has topped the rankings for the highest property taxes as a percentage of overall taxation in the developed world...

09 December 2020

From: Breaking News

Buyer feedback is key in helping agents adapt to market changes

Buyer feedback is a key resource for agents who want to keep on top of market changes and so handle vendors’...

09 December 2020

From: Breaking News

“Deplorable” government slammed for years of housing problems

A scathing document produced by MPs slams the government for its “deplorable” housing policies which are "invented, abandoned and reinvented" -...

09 December 2020

From: Breaking News

Tree-mendous - agency has branches in its office this Christmas

With just over two weeks to go to Christmas and the well-deserved break for the industry, we’re delighted that your pictures...

09 December 2020

From: Breaking News

New homes slated for “stubbornly low” design quality

The design quality of new homes and neighbourhoods across the UK remains stubbornly low, according to a new report by academics.  The...

09 December 2020

From: Breaking News

PropTech News: trio of new products and partnerships

A series of PropTech announcements over recent days suggest the sector is still buoyant with innovation. Firstly it’s been revealed that agents...

09 December 2020

From: Breaking News

Agents ‘are good at pretending they’re qualified’ says agency CEO

A London estate agency chief executive says agents "have become good at pretending that they are qualified and regulated when the...

08 December 2020

From: Breaking News

House price rises have far out-stripped stamp duty savings

Another day, another house price record as the bull market continues. The latest Halifax index shows prices surging 7.6 per cent to...

08 December 2020

From: Breaking News

Countrywide shares soar as company urges investors to sit tight

The saga over the future of Countrywide continues with the company urging its shareholders to take “no action” over the latest...

08 December 2020

From: Breaking News

On The Fence! - MPs stay neutral over stamp duty holiday extension

MPs lobbied by agents to extend the stamp duty holiday are staying firmly on the fence with standard answers and no...

08 December 2020

From: Breaking News

Dog-gone! It’s more of your fabulous festive photos…

Hello and welcome to our latest selection of photos from agencies which have dressed their offices for Christmas. We’ve had another great...

08 December 2020

From: Breaking News

Agency launches with eco-friendly focus on sustainability

A new family-run estate agency in Cornwall claims to be the first in the county to focus on green thinking, championing...

08 December 2020

From: Breaking News

If you want a stamp duty holiday extension, sign here…

A petition has been launched demanding a stamp duty holiday extension. The online petition is the idea of Jonathan Steel - a layperson...

07 December 2020

From: Breaking News

Connells makes increased offer for Countrywide

Connells has this morning made a dramatic improvement in its bid to takeover Countrywide. It has increased its cash offer from 250p...

07 December 2020

From: Breaking News

Zoopla membership at three-year high after 1,000 new branches join

Zoopla has added over 1,000 branches since lockdown began in March, taking total membership of offices and new homes to a...

07 December 2020

From: Breaking News

Phil Spencer: sellers can avoid January blues with positivity from agents

As we approach the most unusual of festive periods, many property professionals will already be thinking about the January market and...

07 December 2020

From: Breaking News

Bah Humbug! We’re back with your Christmas videos…

Put the pandemic on the back burner. Forget the freezing weather. Here’s a great way to start a working week -...

07 December 2020

From: Breaking News

PropTech: Boomin reveals first CRM integration

Software provider Dezrez has entered into an integration partnership with Boomin - the fledgling portal’s first PropTech deal.  The agreement ensures that...

07 December 2020

From: Breaking News

Private equity firm wanting control of Countrywide says it’s nearly there

The private equity company which wants to take control of Countrywide has issued a statement saying it now has the support...

04 December 2020

From: Breaking News

Takeover: Hunters gives January 1 deadline to Property Franchise Group

The Property Franchise Group has approached Hunters about a possible takeover. Confirmation came this morning in a statement from Hunters, which you can...

04 December 2020

From: Breaking News

Transaction hold-ups: a different view on why sales are delayed

A leading conveyancing sector spokesmen says some mortgage lenders are making the current delays in the house buying process worse. Rob Hailstone,...

04 December 2020

From: Breaking News

Prime London prices slashed as Brexit and Covid worry buyers

A new survey of prime London property shows 21 per cent of homes on sale have had their asking prices cut...

04 December 2020

From: Breaking News

Another Christmas agency video - this time an annual treat…

It’s always a treat each year to see the video and Christmas images produced by RedDoor Homes, a hard-working independent agency...

04 December 2020

From: Breaking News

Sellers can start conveyancing as soon as they list - claim

A digital resource hub for estate agents launches a new product today, claiming to shorten transaction times.  Sort Move, which has been...

04 December 2020

From: Breaking News

New industry regulator could use versions of TPO codes of practice

The industry regulator who comes into force when the Regulation of Property Agents’ recommendations are adopted may take over versions of...

04 December 2020

From: Breaking News

Agents Do Charity - heartwarming festive fund-raising galore…

Hello, and if it’s Friday it can only mean Charity day as we celebrate the industry’s continuing fund-raising despite challenges from...

04 December 2020

From: Breaking News

Time to sell soars by over 110 days in worst hit part of Britain

It now takes an average 12 days longer to complete a sale in Britain compared to a year ago - but...

03 December 2020

From: Breaking News

Another 300+ branches list on Boomin as it signs major agency

Belvoir has become the latest major agency group to sign up to Boomin as a founder agent.  The properties of all four...

03 December 2020

From: Breaking News

Can mortgage offers be withdrawn between exchange and completion?

An alarming story has appeared in the mortgage trade press, highlighting an apparent pitfall in the house buying process that has...

03 December 2020

From: Breaking News

Long-standing portal Mouseprice bought by property social network

One of the oldest portals in the UK, Mouseprice, has been bought by a service which describes itself as the country’s...

03 December 2020

From: Breaking News

Baileys, Prosecco and a Tree - it can only be your Christmas videos

Hello and welcome to the latest of our parade of estate agency videos and photographs to mark Christmas 2020. It may be a...

03 December 2020

From: Breaking News

Modern Method of Auction attracts Zoopla member agents

Over 100 Zoopla member branches have signed up to the Modern Method of Auction system offered via the portal. Over the summer Zoopla...

03 December 2020

From: Breaking News

Richard Rawlings’ Leadhub marketing tool acquired by Spectre

Leadhub, a prospecting tool created by estate agency trainer Richard Rawlings, has been acquired in what he calls “a classic case...

03 December 2020

From: Breaking News

Countrywide's future uncertain as shareholders reject Connells bid

Countrywide has this morning rejected an £80m offer made for it by Connells Group. On November 23 Connells announced that its due...

02 December 2020

From: Breaking News

Michael Bruce bats away accusation of “bullying tactics”

Purplebricks founder Michael Bruce has batted away a stinging attack on him made by allAgents, a review website. allAgents has set up...

02 December 2020

From: Breaking News

Boomin wants founder agents on boards leading the portal

Upcoming portal Boomin has written to its founder agents inviting one of them to take up a seat on the main...

02 December 2020

From: Breaking News

PropTech Today: Weak leadership threatens innovation

After you. No, after you. That is often how innovation seems amongst the real estate elite. And this week I see it...

02 December 2020

From: Breaking News

NAEA chief delays retirement to help restructure Propertymark

Mark Hayward, who was scheduled to retire at the end of this month, is to stay on at NAEA Propertymark as...

02 December 2020

From: Breaking News

Your Christmas office pics - two crackers start the festive season

We’re off and running with our annual showcase of the decorations and festivities in agency branches and for those working from...

02 December 2020

From: Breaking News

Housing market defies gravity as prices now hit five year high

Annual house price inflation is now running at 6.5 per cent according to the latest Nationwide index after a 0.9 per...

02 December 2020

From: Breaking News

Lessons for estate agents from Sir Philip Green’s fall from grace

One of the hybrid agency sector’s leading agents says there are key lessons our industry can learn from the collapse of...

01 December 2020

From: Breaking News

Boom still not over as mortgage approvals hit 13-year high

The housing market may be slowing as we enter December but the latest snapshot suggests there’s still momentum with mortgage approvals...

01 December 2020

From: Breaking News

Backer of self-employed agent model admits: ‘There are risks’

One of the biggest supporters of the self employed estate agent business model admits there are risks and it’s not for...

01 December 2020

From: Breaking News

PropTech product for independent agents claims to slash 'lost business'

The Federation of Independent Agents trade group has unveiled a new automated nurture product available exclusively to members - and it claims...

01 December 2020

From: Breaking News

So this is … time for your Christmas pictures and videos

It’s already a cliche to say that Christmas will be a little different this year - and in reality it will...

01 December 2020

From: Breaking News

Brexit and Coronavirus? Housing market sentiment strong despite crises

Public sentiment over the housing market remains stable despite the Coronavirus crisis and the possibility of a No Deal Brexit. That’s the conclusion...

01 December 2020

From: Breaking News

Stamp duty clampdown revealed by HMRC and advertising watchdog

HM Revenue and Customs and the Advertising Standards Authority are working together to cut out misleading marketing by promoters of stamp...

30 November 2020

From: Breaking News

Referral Fees - agents should disclose them up-front insists Ombudsman

The Property Ombudsman has joined calls for greater disclosure of referral fees by agents.  The issue has become a hot topic in...

30 November 2020

From: Breaking News

Tragedy as young branch manager dies from Coronavirus

A young Kent estate agent has died after contracting Covid 19 at the age of 28.  Chris Cane was branch manager of...

30 November 2020

From: Breaking News

Property Jobs Today - the latest movers and shakers

We are on the threshold in December with the pandemic still dominating but we’re delighted there is still positive jobs news...

30 November 2020

From: Breaking News

Hundreds of agents sign up to free-to-list portal group

Free-to-list portal group OneDome claims 425 estate agency branches joined its listing services last month,  OneDome Group operates two portals, OneDome and...

30 November 2020

From: Breaking News

Agents still worried about cliff-edge threat to stamp duty holiday

NAEA Propertymark has renewed its warning that a cliff-edge threatens housing market stability as the stamp duty holiday ends. The organisation’s outgoing chief...

30 November 2020

From: Breaking News

Boomin wins backing of ‘anti-Purplebricks’ industry guru

One of the highest profile figures in the agency industry - and a past critic of Purplebricks - has come out as a vociferous...

27 November 2020

From: Breaking News

“Knackered” Countrywide suffers media onslaught

Criticism of the management of Countrywide has reached new levels of derision as the mainstream media have attacked the chaos surrounding...

27 November 2020

From: Breaking News

Valuations and transactions cooling as tougher Tiers arrive

The housing market in England and Wales is stabilising, according to analysis of web traffic from a property advice site.  Valuation requests...

27 November 2020

From: Breaking News

Agency wins key role in growing retirement community sector

The high profile Yorkshire agency chain Dacre, Son & Hartley has been appointed by the largest charity care provider for older...

27 November 2020

From: Breaking News

Agents Do Charity - from Christmas parties to Christmas carols

We’re just a few days from December so why not get into the festive spirit a little early and get some...

27 November 2020

From: Breaking News

Property tax rises and falling house prices coming in 2021

Property tax rises and falling house prices look as if they are on the way according to the small print accompanying...

26 November 2020

From: Breaking News

Stamp duty holidays don’t help market, claims tax expert

Stamp duty breaks have historically done little to help the housing market - and it’s the same now. So says David Hannah,...

26 November 2020

From: Breaking News

Agency opens in what may be Britain’s most-mocked location

A new estate agency in one of the country’s most widely-mocked towns has opened its doors - and is not afraid...

26 November 2020

From: Breaking News

Multiple tough lockdowns have not deterred this housing market

Average house prices in Wales have risen three per cent in the past year, despite multiple difficult lockdowns considered more severe...

26 November 2020

From: Breaking News

Online network now has Modern Method of Auction link

Online network love2move - which gives partner High Street agents an option to offer vendors an online sales service - is...

26 November 2020

From: Breaking News

Sunak pledges new homes but does not hike property tax - yet

Chancellor Rishi Sunak has resisted changing any property taxes in the short term, but has used his Spending Review statement to...

25 November 2020

From: Breaking News

Boomin now claims 40% of the top 100 UK agencies

The soon-to-launch Boomin portal has signed up a national firm and now claims to have recruited 40 per cent of the...

25 November 2020

From: Breaking News

Lobby your MP over stamp duty holiday extension, says Guild

The Guild of Property Professionals is urging the industry - all agents, not just its own members - to lobby MPs...

25 November 2020

From: Breaking News

Boom market to go on into 2021 - but then expect bumps in the road

Zoopla’s research team is anticipating the first quarter of next year will see the current boom continue as 100,000 additional sales...

25 November 2020

From: Breaking News

PropTech: New agents' CRM launches after three years in development

A high-profile publicity campaign has culminated in the launch of a new CRM which calls itself as “a transformative new technology, empowering...

25 November 2020

From: Breaking News

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