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Sunak’s Big Day: “Don’t make knee-jerk property tax rises” he’s told

Today sees the government’s Spending Review, with Chancellor Rishi Sunak taking centre stage as he presents a 12 month spending plan to...

25 November 2020

From: Breaking News

Rightmove finds its happy (there are pasties and cream teas)

What’s the happiest place in Britain? Rightmove has the answer. In a new ‘Happy At Home’ index calculated by the portal and...

25 November 2020

From: Breaking News

Countrywide senior management in shock decision to quit the company

A statement this morning from Countrywide's board says both its executive chairman and its group managing director are leaving the company.  It...

24 November 2020

From: Breaking News

Agency launches huge recruitment drive with jibe at Countrywide

Connells Group has announced a major recruitment drive as it looks to create 250 new agents' positions - and it’s launched...

24 November 2020

From: Breaking News

Corona Update: Agents seeking urgent guidance from government

Propertymark is in touch with the government to see how the new Tier structure being introduced on December 3 will affect...

24 November 2020

From: Breaking News

Business Interruption Insurance Scandal - agents go on waiting

Agents anxious to know if they will receive a payout from their Business Interruption Insurance will have to wait still longer...

24 November 2020

From: Breaking News

Bring on agency regulation and training, say new industry chiefs

The agency industry’s new leaders for the coming year have expressed strong support for reform recommendations promoted by the Regulation of...

24 November 2020

From: Breaking News

PropTech link-up aims to speed up transaction times

Two prominent suppliers have teamed up to offer customers instant visibility of chain lengths, details of agents connected to properties being...

24 November 2020

From: Breaking News

Revealed - where it takes over 200 days to complete a house sale

A survey of completion times for house sales over the past four years suggests that the worst performing local authority area...

24 November 2020

From: Breaking News

Countrywide faces multiple risks if it doesn’t sell to Connells - claim

Connells has increased the temperature in its bid for Countrywide with a surprise statement this morning outlining risks run by Countrywide if...

23 November 2020

From: Breaking News

Tougher Corona restrictions: Agents to be told how market will work

Agents should know in the next 36 hours how new Coronavirus restrictions will affect how they work. The Prime Minister is announcing...

23 November 2020

From: Breaking News

Countrywide brand unveils “transformational” new image

One of Countrywide’s two up-market brands, Hamptons International, has unveiled a new look which it describes as part of “a transformational...

23 November 2020

From: Breaking News

Flipping makes a comeback with big profits made by investors

The mixture of the stamp duty holiday and generally fast-rising house prices has led to a resurgence of flipping. Data released this...

23 November 2020

From: Breaking News

Will relaxed EWS1 safety checks allow thousands of flats to be sold?

Safety checks which are apparently now preventing thousands of owners selling flats are to be eased - but there is confusion...

23 November 2020

From: Breaking News

Price rises overtake stamp duty holiday savings in many places

It may make little difference to agents but a leading analyst suggests thousands of buyers have effectively lost money on their purchase...

23 November 2020

From: Breaking News

 Market boom goes on according to strong mortgage search figures

A mortgage technology platform has released figures suggesting the housing market remains strong, with high numbers of searches by buyers for...

23 November 2020

From: Breaking News

Conveyancer attacks “outdated” and “age old processes”

The director of a conveyancing technology company has hit out at what he calls “an over-reliance on outdated processes” and “age-old...

20 November 2020

From: Breaking News

Countrywide opens a new branch after 50 closures this year

Countrywide, which is thought to have closed over a fifth of its branches in recent years, has opened a new office...

20 November 2020

From: Breaking News

Reapit names IT supremo as its new chief executive

Reapit has named Mark Armstrong as the new chief executive officer, the post occupied by the high profile and popular Gary...

20 November 2020

From: Breaking News

Ewe interested? Hybrid aims to double in size by late 2022

High profile franchise hybrid agency EweMove has announced ambitious plans to double agent numbers within two years. The firm - which has...

20 November 2020

From: Breaking News

Transaction volumes edging higher than 2019 despite Covid

Transactions appear to be edging higher than in 2019 for the first time this year - despite lockdowns and concerns caused...

20 November 2020

From: Breaking News

Agents Do Charity - and an early mention of …. Christmas

Hello and welcome to the end of the week - Friday means charity day, with an update on our industry’s latest...

20 November 2020

From: Breaking News

Trading Standards to advise Boomin on referral fees disclosure

The Boomin portal, which incentivises agents to cross-sell and benefit from referral fees, is to receive advice on fee disclosure from...

19 November 2020

From: Breaking News

 Slowdown ‘is right time to invest in PropTech to optimise revenue’

The founder of OneDome says a likely housing market slowdown is the perfect time for agents to optimise revenue by investing in PropTech. Babek Ismayil believes...

19 November 2020

From: Breaking News

Where will agents find the most lucrative housing markets?

New research attempts for the first time to identify the most lucrative property markets in the country - with surprising results...

19 November 2020

From: Breaking News

Price caps revealed for buyers using new Help To Buy scheme

The government has revealed new regional price caps for its revamped Help To Buy Equity Loan scheme, set to operate between...

19 November 2020

From: Breaking News

Why the delay? Leasehold lobby presses government for action

A leasehold group has written to Housing Minister Chris Pincher pressing for an update on the government’s approach to reform for...

19 November 2020

From: Breaking News

Will Boomin’s “fair fees” tempt agents to quit Rightmove?

The new property portal Boomin has revealed its fees structure for agents. Tapping into the industry debate over portal fees, Boomin describes...

18 November 2020

From: Breaking News

Conveyancers outperform agents for recent customer service say ESTAS

The customer service performance of conveyancers has improved in recent months according to the ESTAS review platform.  The long-standing and sometimes-heated debate...

18 November 2020

From: Breaking News

Chew on that! Purplebricks’ new marketing chief is restaurant supremo

Purplebricks has just appointed its new chief marketing officer, who was most recently global director of restaurants at a food chain. Ben...

18 November 2020

From: Breaking News

 Rightmove cleared - watchdog throws out complaint about TV advert

A TV advert for Rightmove first screened in 2018 has been cleared of gender stereotyping. A complaint to the Advertising Standards Authority...

18 November 2020

From: Breaking News

PropTech Today: how to cope with technological change

A slight change to the normal column this week. I was very fortunate to be given the virtual floor at the...

18 November 2020

From: Breaking News

Huge over-supply means London facing “perfect storm” - warning

The Home website, which publishes a detailed monthly snapshot of the market, has raised the alarm over London because of a...

18 November 2020

From: Breaking News

Online agents and bucketshop conveyancers ‘causing transaction delays’

One of the country’s top buying agents is advising purchasers and vendors to avoid online agencies and 'bucketshop' conveyancers. Edward Heaton - founder...

17 November 2020

From: Breaking News

Tragedy as estate agent, 36, found to have taken his own life

A young estate agent who set up his own online auction service took his own life after a long period suffering...

17 November 2020

From: Breaking News

Buyer Information Packs give agents an edge over fall-throughs - claim

Estate agents can stand out from the crowd and help consumers through lockdown by providing a more secure sales process, a...

17 November 2020

From: Breaking News

Boomin still booming: another 10 agency sign-ups

The soon-to-launch portal Boomin - set up by the people who founded Purplebricks- has signed another 10 independent agents. They are all...

17 November 2020

From: Breaking News

Agency chief claims self-employed model led to record month

A regional wing of Fine & Country has reported a record month - and puts it down to the self-employed ‘associate’ business model...

17 November 2020

From: Breaking News

Management buyout for long-established regional agency chain

A five-branch agency in the westcountry is the subject of a management buy out by two directors. Westcoast Properties - with branches...

17 November 2020

From: Breaking News

Agents must be crystal clear on fees, watchdog tells industry

The advertising watchdog has told the agency industry to clean up its act on four issues, with clarity over fees being...

16 November 2020

From: Breaking News

Vaccine injects new life into housing market

Just when you thought the housing market was beginning to calm down... along comes a likely vaccine for Coronavirus. One of the country’s...

16 November 2020

From: Breaking News

Agents should give conveyancers more information up-front - call

A prominent PropTech supplier wants agents to hand over much more information to conveyancers to allow them to make faster progress on...

16 November 2020

From: Breaking News

Property Jobs Today - movers and shakers across our industry

Hello and welcome to the latest PJT, your opportunity to catch up on who’s moving where in the agency and supplier...

16 November 2020

From: Breaking News

Social media first for Zoopla with ‘hyper local’ image campaigns

Zoopla is the first UK property company to launch advertising on Pinterest, the lifestyle picture-centric social media platform. A statement from Zoopla...

16 November 2020

From: Breaking News

Lockdown ‘not hurting market’ despite dip in asking prices

Asking prices are down for the first time in many months. It’s a small drop - an average of 0.5 per cent...

16 November 2020

From: Breaking News

Allow sales that have exchanged to have stamp duty holiday - call

A law firm wants the government to agree that properties that have exchanged but not yet completed can definitely benefit from the...

13 November 2020

From: Breaking News

Free-to-list portal set to launch Artificial Intelligence marketing system

Residential People, one of many free-to-list platforms in the hectic portal marketplace, is set to launch which it calls its “AI...

13 November 2020

From: Breaking News

Capital Gains Tax hike is GOOD news for agents, insists top analyst

One of the industry’s leading commentators says an unintended consequence of a possible Capital Gains Tax increase could be a bonus...

13 November 2020

From: Breaking News

Watchdog to probe merger of popular agency crowdfunding sites

The Competitions and Markets Authority is to probe the proposed merger of two crowdfunding sites used by numerous property industry companies. Crowdcube...

13 November 2020

From: Breaking News

Agents Do Charity … on Children In Need day…

Hello and welcome to your regular Friday charity round-up from the industry - appropriately enough on the day of the latest...

13 November 2020

From: Breaking News

Agent threatened with prosecution for opening office to the public

An unidentified estate agency has been threatened with prosecution by a local council after opening its office to the public during...

12 November 2020

From: Breaking News

Tax Bombshell: CGT could double under new proposals

A report commissioned by the government suggests a doubling of Capital Gains Tax on profits from the sale of second homes. The government -...

12 November 2020

From: Breaking News

Self-employed agents thrive - if they work harder than before

A leading enthusiast of the self-employed agency business model says even in these challenging times people can make a success of...

12 November 2020

From: Breaking News

Coronavirus has “barely dented” sales and rental markets - RICS

The latest Royal Institution of Chartered Surveyors review of sales and rentals, often amongst the most pessimistic of analyses, says Covid 19...

12 November 2020

From: Breaking News

TV consumer champion demands action to free ‘mortgage prisoners’

A new report funded by high profile consumer champion Martin Lewis says the government must do more to help ‘mortgage prisoners’. These...

12 November 2020

From: Breaking News

Multi-million pound boost for PropTech bid to speed transactions

A PropTech platform that says it halves the time taken for transactions has just completed a multi-million pound investment round. Coadjute - which...

12 November 2020

From: Breaking News

Second Covid wave not hurting London house sales - top agent

The London sales market is slowing as Christmas nears but no significant impact has been caused by the second wave of...

12 November 2020

From: Breaking News

Investors in Countrywide prepare for bargaining with Connells

Various investors in Countrywide have submitted early online paperwork to The Panel on Takeovers and Mergers - the red tape required to...

11 November 2020

From: Breaking News

Is the market turning? Momentum slowing down, report surveyors

The first monthly market monitor to show activity in the housing market tailing off has appeared - and it says momentum...

11 November 2020

From: Breaking News

He's Hired! Apprentice star returns to estate agency industry

A former London estate agency owner and finalist on The Apprentice says he’s now returning to the sector to sell new-builds. Jamie...

11 November 2020

From: Breaking News

Independents are our industry’s backbone - want to be involved?

As you may have seen over the weekend, the long-running Property Natter column – penned by Angels Media chief executive, Nat...

11 November 2020

From: Breaking News

Fall-throughs threat: Buyers will pull out if they miss SDLT deadline

A survey of people currently buying property suggests as many as a quarter may pull out if they know they’ll miss...

11 November 2020

From: Breaking News

RICS’ new survey will be “real change” to improve buying process

The Royal Institution of Chartered Surveyors says its new Home Survey Standard will be implemented from March and will represent a...

11 November 2020

From: Breaking News

Countrywide shares soar despite more branch closures

Countrywide shares soared yesterday, rising 47 per cent on the previous close at one point as investors relished the prospect of...

10 November 2020

From: Breaking News

Buyer Beware to be scrapped? Conveyancers debate alternatives

Conveyancers have considered whether the long-standing ‘caveat emptor’ or buyer beware principle in a property purchase should be replaced by ‘vendor...

10 November 2020

From: Breaking News

Boomin signs up hundreds of new franchise branches

The six brands that make up The Property Franchise Group are the latest signings for yet-to-launch portal Boomin. TPFG’s brands are national...

10 November 2020

From: Breaking News

Leading London independent agency drops franchise structure

Aspire, the six-branch south west London agency, has dropped its previous franchise structure and reverted to being owned outright by its...

10 November 2020

From: Breaking News

Agents wanted to work with high-funded quick buy company

A relaunched home buying service says it wants to partner with agents to unlock sales if the housing market deteriorates. The service...

10 November 2020

From: Breaking News

Countrywide at risk of entering administration - claim

Connells has issued a counter statement to this morning’s announcement by Countrywide that a possible takeover is underway. At 7am Countrywide revealed...

09 November 2020

From: Breaking News

Takeover Underway? - Connells begins bid to buy Countrywide

It’s been announced this morning that Connells is in takeover discussions with the troubled Countrywide agency group. Countrywide has given Connells until...

09 November 2020

From: Breaking News

Major English Football League deal for High Street agency

Your Move is to become the English Football League’s official Communities Supporter for the coming season. The agency is already an Official...

09 November 2020

From: Breaking News

Conveyancing firm to tell buyers they will miss stamp duty holiday

A leading firm of conveyancers will this week tell new clients that their property purchases are likely to miss the stamp...

09 November 2020

From: Breaking News

House prices soar 7.5% in a year but it may all change soon

House prices by the end of October were running 7.5 per cent above their level a year ago - but the...

09 November 2020

From: Breaking News

Agents back to work today after 17-day ‘fire break’ in Wales

While England’s national lockdown exempts the housing market and allows agents to operate normally, it’s not been the same in Wales...

09 November 2020

From: Breaking News

Foxtons’ management bonuses stay after ‘voting problem’ revealed

Foxtons has announced that its remuneration policy for senior management is to stay unchanged - and it says a voting problem...

09 November 2020

From: Breaking News

Date revealed for largest-ever combined ESTAS 2021 Awards

The 2021 ESTAS Customer Service Awards are to be held on Friday June 11. For the first time the awards will host...

09 November 2020

From: Breaking News

Online firm renews attack on high street agents’ charges

Strike, the firm previously known as HouseSimple, has launched another attack on the charges levied by High Street agents. This time it is...

06 November 2020

From: Breaking News

Will extended furlough help struggling agents and suppliers?

Chancellor Rishi Sunak has extended the furlough scheme until the end of March. It will continue under the current rules, with the...

06 November 2020

From: Breaking News

Many firms sceptical of automated anti-money laundering systems

Over a fifth of key businesses say they do not trust any element at all of automated anti-money laundering checks and...

06 November 2020

From: Breaking News

Buyers fleeing cities don’t always get more for their money

The trend of buyers apparently fleeing the city to get more for their money in the country has hit the buffers...

06 November 2020

From: Breaking News

Agents Do Charity - good works continue through the lockdown…

Hello and welcome to yet another Agents Do Charity, the weekly forum for the industry to share its good news on...

06 November 2020

From: Breaking News

Boomin signs online agency amongst 10 new founding members

Fledgling portal Boomin - launching later this month - has announced another 10 independent regional agencies as founder members. This includes its...

05 November 2020

From: Breaking News

Agents offered ‘leniency options’ to confess about industry cartels

New guidance spells out how leniency can be exercised on agencies or individuals who inform on anti-competition cartels of the kind that...

05 November 2020

From: Breaking News

Is Boris letting down the poor? Agency in rare criticism of government

High end agents usually keep their powder dry when it comes to party politics, to avoid upsetting customers. However Knight Frank has...

05 November 2020

From: Breaking News

Interest rate unchanged despite unusual early announcement

The Bank of England’s monthly interest rate decision was made today - but instead of it being announced at 12 noon,...

05 November 2020

From: Breaking News

Agency chief criticises Trump and Farage over ‘victory’ claim

Hunters chairman and Conservative MP Kevin Hollinrake has hit out at allegedly false claims made by Donald Trump and Nigel Farage. Trump’s...

05 November 2020

From: Breaking News

New house survey launched by fledgling rival to RICS

A new survey has been launched by the Residential Property Surveyors Association. The RPSA - which wants to rival the RICS as...

05 November 2020

From: Breaking News

New official guidance: What agents can do in lockdown

The government has unveiled the public health regulations which will underpin the second national lockdown in England - and the exemptions...

04 November 2020

From: Breaking News

PropTech Today: Using technology to underpin your lettings division

I remember so clearly in my Foxtons days, working as a lettings manager in Putney, that lettings, though less sexy than...

04 November 2020

From: Breaking News

Lockdown justice at last for agents with Business Interruption Insurance?

The Business Interruption Insurance saga, involving hundreds of agencies awaiting pay-outs on policies, enters its next and final stage later this month. An...

04 November 2020

From: Breaking News

Too Late! Third of England set to miss stamp duty holiday deadline

Buyers in around 30 per cent of English cities are almost certainly already too late to complete a purchase by March 31...

04 November 2020

From: Breaking News

Many overseas buyers don’t even visit Brexit bargain purchasers

A London property investment consultancy says 22 per cent of properties it’s advised overseas purchasers on this year have been bought sight-unseen. London...

04 November 2020

From: Breaking News

Rogue agents flouting AML rules ‘will be prosecuted’ says NAEA chief

A leading board member of NAEA Propertymark warns a small number of rogue agents continue to flout anti-money laundering regulations - and...

04 November 2020

From: Breaking News

Furlough pay-back: Agency in talks with HMRC

Knight Frank is in talks with HM Revenue and Customs to return furlough money as a result of relatively strong trading, notwithstanding...

03 November 2020

From: Breaking News

Agency stung by lockdown criticism reveals policy for next four weeks

An agency in London which was stung by fierce criticism in the spring lockdown has announced its policy for branch activity...

03 November 2020

From: Breaking News

Boomin portal reveals how agents will be charged for listings

Boomin is to levy a traditional monthly fee for estate and letting agents listing on the site, in line with other...

03 November 2020

From: Breaking News

Fears grow over lockdown impact on transactions

The national lockdown beginning on Thursday makes the case for an extension to the stamp duty holiday, according to a tax...

03 November 2020

From: Breaking News

Online agency offers auction service to rivals at fixed price fee

An online agency says its virtual auction service can be used even by its rivals between now and the end of...

03 November 2020

From: Breaking News

Boomin reveals 'lifetime revenue' potential for agents

Advanced information released today about Boomin suggests it will seek a much closer relationship with agents than existing portals, with lifetime...

02 November 2020

From: Breaking News

Mortgage holiday set to be extended as housing market stays open

There’s one key takeaway for agents from the weekend’s announcements on the next England-wide lockdown - the housing market is staying...

02 November 2020

From: Breaking News

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