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Time to scrap Stamp Duty? New figures add weight to argument

New figures released this morning give weight to calls for the complete scrapping of stamp duty.  The dats shows there have been...

08 October 2020

From: Breaking News

House price inflation at four year high but concern over virus

House prices in September were 7.3 per cent higher than a year earlier – the highest house price inflation since June 2016. The Halifax...

08 October 2020

From: Breaking News

Huge property empire collapses after National Crime Agency probe

A businessman with links to serious criminals has lost his vast investment property empire worth nearly £10m after a National Crime...

08 October 2020

From: Breaking News

Agency acquires independent as part of expansion strategy

National chartered surveyor firm Bruton Knowles has acquired long-established Herefordshire based John Amos & Co Ltd. The move is part of Bruton...

08 October 2020

From: Breaking News

Online market share revealed - with Purplebricks way ahead

A new survey of the market share split between High Street and online agencies shows that Purplebricks remains the digital market...

07 October 2020

From: Breaking News

London house prices over-valued despite Brexit doldrums - bank

London’s properties are “over-valued” according to a leading bank. UBS, which has what it calls a Global Real Estate Bubble Index, says...

07 October 2020

From: Breaking News

PropTech Today: the challenge with iBuyers

Recently, when giving speeches, I have discussed investment trends and industry trends that the built environment is experiencing. They are quite...

07 October 2020

From: Breaking News

End of mortgage holiday could spell disaster for many - claim

A new paper from a think tank warns that many low income owner occupiers risk losing their homes when the mortgage...

07 October 2020

From: Breaking News

Long-standing regional agency acquired in management buy out

A North of England estate agency has been acquired in a management buyout. Dowen Estate Agents has eight branches across the North...

07 October 2020

From: Breaking News

Stamp Duty may have been overpaid by 120,000 buyers - claim

Stamp duty specialist consultancy Cornerstone Tax claims some 120,000 buyers in the UK may be owed SDLT refunds. It says that in...

06 October 2020

From: Breaking News

Latest online agent has 30 years work experience - but not in agency

A former healthcare executive is the latest convert to become an online agent with easyProperty, the company has announced. Richard Ayres has...

06 October 2020

From: Breaking News

OnTheMarket's next trading statement expected next Tuesday

OnTheMarket says it’s going to issue its next trading statement one week today on October 13. This will cover the first six...

06 October 2020

From: Breaking News

Conveyancing and mortgage fees blamed for extra moving costs

A survey says many people under-estimate the costs of moving with conveyancing and mortgage fees often higher than expected. Some 54 per cent of...

06 October 2020

From: Breaking News

Rightmove says prices for 'second-time-buyers' at record high

The so-called ‘trade up gap’ for people buying for the second time has grown to a record £67,761 according to Rightmove. The...

06 October 2020

From: Breaking News

Phil Spencer: Christmas is a gift for agents who add value

It’s about this time of year, pandemic or not, that agents may be asked one particularly awkward question by a vendor...

05 October 2020

From: Breaking News

Reveal referral fees now and don’t wait for law change, says NAEA

The National Association of Estate Agents has thrown its weight behind the recommendation of Trading Standards that agents must by law be...

05 October 2020

From: Breaking News

Would YOU say this to vendors? “Sell now before prices crash”

An estate agent in Liverpool has adopted the unusual technique of urging vendors to sell now “before prices crash.” Clearly unworried about...

05 October 2020

From: Breaking News

Buyer sues conveyancer for £4.6m eight years after purchase

A woman who bought a London house in 2012 is now suing the conveyancers that worked for her at the time...

05 October 2020

From: Breaking News

Tories pledge “revolutionary” low deposit mortgages for FTBs

Prime Minister Boris Johnson says he wants to create a ‘Generation Buy’ to help young people purchase homes with low-deposit mortgages. In...

05 October 2020

From: Breaking News

Agents MUST disclose referral fees, Trading Standards tells government

Customers must be told about third party referral fees when buying or selling a home says the National Trading Standards Estate...

02 October 2020

From: Breaking News

Say No To Rightmove lead agency now listing on Zoopla

The agency leading the Say No To Rightmove campaign has returned all of its offices and brands to Zoopla. The Acorn Group,...

02 October 2020

From: Breaking News

Cladding scandal hurts entire housing market says top industry figure

Ed Mead has joined a growing chorus demanding government action on the cladding crisis. He is one of the industry’s leading figures from...

02 October 2020

From: Breaking News

Covid employment advice service set up by Propertymark

Propertymark has teamed up with an employment and health and safety specialist to establish a service for member agents with Coronavirus-related...

02 October 2020

From: Breaking News

Agents Do Charity - despite lockdowns and downpours…

There’s no stopping our industry - whether it’s local lockdowns or early autumn storms, agents and suppliers continue doing great work for...

02 October 2020

From: Breaking News

Sales boom goes on and agents see no end in sight

Agents have universally welcomed new Nationwide data showing annual price growth picked up to 5.0 per cent last month - the highest rate...

01 October 2020

From: Breaking News

Speed up sales! Online platform claims to cut agents’ admin in 2021

A new online platform claims to be the first of its kind to speed up the private treaty sales process for...

01 October 2020

From: Breaking News

London agencies on the march with partnerships and expansion

Two independent agencies in London have joined forces to form a 'full circle' service for developers, promising to transform the property...

01 October 2020

From: Breaking News

Hundreds of thousands extra sales thanks to SDLT holiday - claim

Savills has boosted its forecast for housing transactions this year because the stamp duty holiday has been such a success at...

01 October 2020

From: Breaking News

We’re left behind! First time buyers hit by Coronavirus impact

Almost half of the country’s first time buyers say their plans have been delayed - or worse - thanks to Coronavirus,...

01 October 2020

From: Breaking News

Covid Clauses are back as buyers fear wider lockdown restrictions

A leading agency says so-called Covid Clauses are being inserted into contracts as buyers become increasingly cautious ahead of a possible...

30 September 2020

From: Breaking News

Crisis? What crisis? Mortgage lending hits 13 year high

Mortgage approvals for house purchases have soared to a 13 year high according to Bank of England figures up to the...

30 September 2020

From: Breaking News

Agents get up to 2.32% commission claims Quick Buy property boss

A league table drawn up by a quick buy property firm claims that some estate agents' average commission has hit 2.32 per...

30 September 2020

From: Breaking News

Business Interruption Insurance Scandal - bid to speed up pay-outs

The many agents believed to be awaiting pay-outs on their Business Interruption Insurance will have some consolation in knowing that the...

30 September 2020

From: Breaking News

Redundancies, PropTech and furlough cash help Hunters recover

Franchise network Hunters has recorded strong figures for the first half of 2020 but a trading statement reveals the measures it...

30 September 2020

From: Breaking News

Major regional agency unveils pioneering ‘super hub’ structure

One of the country’s major regional agencies has unveiled a ‘super hub’ structure which began life as a lockdown measure but...

29 September 2020

From: Breaking News

Online agency easyProperty expands and seeks new licensees

Online agency easyProperty has announced four new areas to its portfolio to build on its existing 41 locations - and it’s seeking...

29 September 2020

From: Breaking News

Countrywide and Your Move veteran takes up new PropTech role

A veteran agent with 38 years experience of the industry - much of it at Countrywide - has become the head...

29 September 2020

From: Breaking News

Agents’ fees on the rise but stamp duty holiday cuts moving costs

Consumer group Which? says the stamp duty holiday has cut more than £4,000 from the average cost of moving home -...

29 September 2020

From: Breaking News

Free-to-list portal company wins another £5m funding

Property technology company OneDome, which operates two portals - OneDome and Nethouseprices - has raised another £5m in funding.  It says it...

29 September 2020

From: Breaking News

One in eight sales in late summer achieved above asking price

Data from NAEA Propertymark shows that in August, some 13 per cent of properties sold for more than the original asking...

29 September 2020

From: Breaking News

Brexit deal and vaccine vital for stable market - forecast

The first leading agency to make a 2021 forecast says the market should be stable next year - so long as...

28 September 2020

From: Breaking News

Property Jobs Today - the latest movers and shakers for the industry

Hello and at the start of another working week, welcome to our regular jobs slot announcing who’s moving where within the...

28 September 2020

From: Breaking News

New Purplebricks non-exec director has 36 other company roles

Purplebricks has named a new non-executive director - and currently she has 36 other company directorships or partnerships to her name. Elona...

28 September 2020

From: Breaking News

Solve this NOW! Campaign to make cladding flats sell-able again

Survivors and bereaved family members from the Grenfell Tower fire have joined forces with residents trapped in allegedly dangerous flats in...

28 September 2020

From: Breaking News

New PropTech product nurtures leads for agents - even as they sleep

A new PropTech product claims to help agents generate and nurture leads - even while they sleep. MovePal generates leads through Facebook...

28 September 2020

From: Breaking News

Agents handling private treaty sales accused of being behind the times

A quick buy firm which typically purchases homes from sellers at below market levels has accused estate agents and the private...

28 September 2020

From: Breaking News

Boomin to hold strictly confidential webinars in bid to woo agents

Boomin, the new portal being set up by the founders of Purplebricks, is holding a series of confidential webinars next week...

25 September 2020

From: Breaking News

Agents, conveyancers and movers pledge greater sales transparency

The cross-sector group looking at reforming the sales process has agreed a new pledge which it says introduces greater transparency for...

25 September 2020

From: Breaking News

Storming Ahead - high end properties still flying off the shelves

Two reports this morning suggest that activity in the most expensive sectors of the housing market is doing as well as...

25 September 2020

From: Breaking News

New sleaze allegation against Housing Secretary Robert Jenrick

The Times has revealed new allegations concerning the behaviour of Housing Secretary Robert Jenrick. The Cabinet member has been under the spotlight...

25 September 2020

From: Breaking News

Agents Do Charity - a reminder we’re here to help through the virus

Hello and welcome to the latest ADC, your regular Friday round-up of great work being done by agents, suppliers and others...

25 September 2020

From: Breaking News

Agencies and businesses offered new tax and jobs schemes

Chancellor Rishi Sunak has outlined his measures to help agencies and other businesses survive Coronavirus. His announcements - endorsed by both the...

24 September 2020

From: Breaking News

Propertymark names new leader for revamped organisation

Propertymark, which will from later this year combine both the National Association of Estate Agents and the Association of Residential Letting...

24 September 2020

From: Breaking News

Will agencies benefit from Sunak’s new ‘after-furlough’ measures?

Chancellor Rishi Sunak today reveals his latest measures to help businesses - including agencies, suppliers and other parts of the property...

24 September 2020

From: Breaking News

Self-employed agency model booming claims high end brand

The frenzied housing market and the uncertain wider economic outlook during the pandemic have combined to lead to a surge in...

24 September 2020

From: Breaking News

Portal promotes “free money” referral fees despite industry probe

One of the many new portals recently launched has made a pitch for agents to join because of its referral fees...

24 September 2020

From: Breaking News

New PropTech products aim to help transparency and Covid safety

New PropTech products continue to appear, many aimed at enhancing transparency in buying and selling, or helping agents adopt new ways of...

24 September 2020

From: Breaking News

Vendors spend extraordinary sums each day to sell their homes

Vendors spend an average £41 a day for 144 days when selling their home - but some spend a remarkable £140 a...

24 September 2020

From: Breaking News

Agents work just two-thirds of their maximum hours - claim

Figures drawn up by a property industry recruitment guru show that estate agents work only two thirds of the hours they...

23 September 2020

From: Breaking News

Record figures for leads to agents, claims free-to-list portal

One of the growing number of free to list property portals, Residential People, claims a record-breaking number of sales and letting...

23 September 2020

From: Breaking News

PropTech Today - why do PropTech companies fail?

I was giving an interview this week for an upcoming conference - yet another to convert from a physical to a...

23 September 2020

From: Breaking News

Agency behind Say No To Rightmove reveals High Street expansion

The regional agency group which master-minded the Say No To Rightmove campaign has made a big commitment to the future of...

23 September 2020

From: Breaking News

Government claims credit for housing market boom

The government claims its stamp duty holiday has supported nearly 750,000 jobs thanks to the ripple effect in the economy. A statement from HM...

23 September 2020

From: Breaking News

Confirmed: Agents WILL have to wear masks in branch offices

Prime Minister Boris Johnson has announced that all retail staff will be obliged to wear masks when working - and it's now...

22 September 2020

From: Breaking News

Agents back Rightmove allegation of logjams in conveyancing

Two agencies have entered the debate on whether the current frenzied housing market is seeing delays in completions. Yesterday EAT reported that...

22 September 2020

From: Breaking News

Purplebricks and Foxtons lead share price falls amid Covid worries

Share prices for many quoted estate agencies and property portals fell in trading as fears grew about Coronavirus. London-focussed agency Foxtons was one...

22 September 2020

From: Breaking News

Top agency emphasises importance of High Street branches

Connells Group has revealed seven appointments to its board of directors which it links directly with a target to grow presence and...

22 September 2020

From: Breaking News

Most owners believe their house price is static or falling - survey

A survey of over 2,300 home owners across the UK suggests market sentiment is mixed, with most doubting house prices have risen. The...

22 September 2020

From: Breaking News

Independent expands with new branch in key south of England location

Independent agency Sawyer & Co has announced the opening of a new branch in the Preston Park area of Brighton -...

22 September 2020

From: Breaking News

Vendors Beware! Sales taking month longer than usual to complete

Logjams in the mortgage, conveyancing and removal stages of house moving mean sales are taking much longer than usual, according to...

21 September 2020

From: Breaking News

Top agent becomes growth and compliance head in franchise group

The Property Franchise Group has named high-profile industry veteran Eric Walker as managing director of Martin & Co (South and Scotland).  Walker...

21 September 2020

From: Breaking News

Another agency group returns to Zoopla as portal celebrates growth

Another regional agency group has returned to Zoopla, attributing the move to the portal's “receptive audiences” amongst the house buying and renting...

21 September 2020

From: Breaking News

Franchise agency wants to sell £1m home for £1 - but with extras

A family-run agency which last year asked people to “make an offer” to buy a franchise is now claiming it will...

21 September 2020

From: Breaking News

House ‘sold’ in six days with no agent fees, claims quick buy firm

A quick buy firm boasting it has ‘sold’ a home within six days also says it now takes 140 days on...

21 September 2020

From: Breaking News

First time buyer affordability index may be most authoritative yet

A new league table drawn up by a property advice website may be the most authoritative yet for first time buyers...

21 September 2020

From: Breaking News

Absurdities of council tax laid bare in new league table

The irrationality of Britain’s council tax system has been laid bare in a new league table drawn up by estate agency...

21 September 2020

From: Breaking News

Third of sellers won't budge on asking price despite buyer requests

Almost a third of property sellers (29%) say they won't accept a lower offer for their property, according to new research. Online...

18 September 2020

From: Breaking News

Anti-Money Laundering: FCA criticised over lack of enforcement

The Financial Conduct Authority (FCA) has been criticised for its lack of enforcement of anti-money laundering (AML) legislation so far in...

18 September 2020

From: Breaking News

Star agent capitalises on post-lockdown relocations with new business

A highly-experienced former Savills agent has launched his own buying agency focusing on the prime country market in Surrey. The new company,...

18 September 2020

From: Breaking News

Office to residential conversion: new development is 'vote of confidence'

The green light for a vacant office building in the capital to be redeveloped into residential housing has been given after...

18 September 2020

From: Breaking News

Agents Do Charity - during an Indian summer...

Hello and welcome to the start of the weekend and that means it's time for Agents Do Charity. Each week, we publicise...

18 September 2020

From: Breaking News

No cuts: properties twice as likely to sell if asking price doesn't change

Property sellers are twice as likely to find a buyer for their property if the original asking price does not change,...

17 September 2020

From: Breaking News

Forty year-old regional agency reveals new name and branding

A North East agency, which first opened in 1977, has revealed a new identity with a new name and fresh branding. Thirlwells...

17 September 2020

From: Breaking News

Auction march continues - record summer for UK's largest auctioneer

The strong performance of the auction market in recent months has been reinforced by the latest figures from iamsold, the UK's...

17 September 2020

From: Breaking News

Agents warned over dark web password sales and data breaches

Estate agents and small businesses are being warned to take greater care over passwords to stop hackers breaking into their systems. David...

17 September 2020

From: Breaking News

Bucking the office trend: national agency secures huge Birmingham space

National property consultancy Carter Jonas has bucked the trend of remote working and closing branches to announce it has secured 12,000...

17 September 2020

From: Breaking News

Agents tell Housing Minister to 'get empty homes back in use'

NAEA Propertymark has written a letter to Housing Minister Christopher Pincher, asking what measures the government is taking to get more...

16 September 2020

From: Breaking News

House price growth could be halted by oversupply of property

The strong house price growth experienced in recent months could soon be 'marred' by oversupply, according to Home.co.uk. The property website says...

16 September 2020

From: Breaking News

Independent agency launches new brand to honour former boss

Independent estate agency Heywoods has undergone a major rebrand in honour of its former boss Chris Stops. Stops, 57, passed away in...

16 September 2020

From: Breaking News

Revealed - worrying number of buyers don't know what conveyancers do

Almost two fifths of property buyers don't know what conveyancers and solicitors do, according to new research. My Home Move Conveyancing's survey...

16 September 2020

From: Breaking News

Business Interruption Insurance: High Court rules in favour of agents

The result of a test case over Business Interruption Insurance involving agents has been handed down by the High Court. It has...

15 September 2020

From: Breaking News

Stamp duty: 'Zero likelihood' tax rise for overseas buyers will be scrapped

A tax expert says that there is 'zero likelihood' of the government changing its mind on stamp duty changes for overseas...

15 September 2020

From: Breaking News

Can iBuyer technology repair chains and reduce fall-throughs?

Ahead of the launch of a new iBuyer platform later this year, agents are being invited to attend two webinars hosted...

15 September 2020

From: Breaking News

Auction PropTech startup aims to streamline legal process for buyers

A new PropTech startup is giving prospective buyers the opportunity to receive due diligence at a fraction of the time and...

15 September 2020

From: Breaking News

Market records summer holiday slowdown following post-lockdown boom

The property market experienced a slowdown last month as a result of more people going on summer holidays, according to the...

15 September 2020

From: Breaking News

A third of home buyers denied a mortgage, new survey reveals

The scale of the problems facing many prospective buyers has been set out in a survey showing as many as one-third...

15 September 2020

From: Breaking News

Corporates and onliners lose market share to local firms - claim

Independent agents are busier than they have ever been thanks to the post-lockdown surge but larger corporates are actually losing market...

14 September 2020

From: Breaking News

Disgraced agent pays £110,000 compensation but must pay more

A disgraced former estate agent has paid his victims around £110,000 but must pay another £5,000 or so in the immediate...

14 September 2020

From: Breaking News

Property Jobs Today - the latest ins, outs, and moving abouts…

Hello and welcome to the new working week. Here’s the latest information on key hires across our industry: if you have similar...

14 September 2020

From: Breaking News

Portal sells stake to fund purchase of house price website

PropertyHeads, a portal which describes itself as the industry’s social network, has sold a three per cent stake partly to raise funds...

14 September 2020

From: Breaking News

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