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OnTheMarket signs big-name housebuilder to new homes channel

OnTheMarket has signed up one of the country’s biggest house builders, Taylor Wimpey. The builder - which has 24 offices and covers...

14 September 2020

From: Breaking News

Agency networks to compete against each other for first time

A new customer service award category at The ESTAS will see agency networks competing against each other for the first time.  Networks...

14 September 2020

From: Breaking News

Rightmove’s loss “10 times any other top portal in the world”

Rightmove, which recently posted a 37 per cent drop in revenue for the first six months of 2020, has lost almost...

11 September 2020

From: Breaking News

Son of ex-Savills boss slams traditional buying agents as “outdated”

A buying agency targeting what it calls the “prime and super-prime” London market is offering clients not only a sourcing service, but also...

11 September 2020

From: Breaking News

New warning to estate agents over illegal price-fixing

The estate agency industry is still under the spotlight for possible illegal price fixing cartels according to the Competition and Markets...

11 September 2020

From: Breaking News

Agency undergoes management buyout after 25 years

An estate agency founded in 1995 has undergone a management buyout from two existing director. Westcoast Properties is a north Somerset firm,...

11 September 2020

From: Breaking News

Agents Do Charity - and there’s a special date for your diary …

Hello and welcome to the weekend and that means a charity-fix for all those agents and suppliers doing great fund-raising in these...

11 September 2020

From: Breaking News

New Covid clampdown will push people to sell says leading agent

A leading agent says the government’s new Coronavirus clampdown from Monday will push more home owners to sell. Caspar Harvard-Wills, a partner at...

10 September 2020

From: Breaking News

Record leads for OnTheMarket driven by ‘New & Exclusive’

OnTheMarket has this morning announced record leads during August, beating July’s previous record. The portal generated over two million leads in August, an...

10 September 2020

From: Breaking News

Business Interruption Insurance: date set for court case result

Agents involved in a test case over their Business Interruption insurance will know the result next Tuesday morning. The test case concluded...

10 September 2020

From: Breaking News

Profits and revenue slump for Winkworth as franchise interest slows

Franchise giant Winkworth has reported an 11 per cent drop in gross revenue and profit plummeting 20.2 per cent in the...

10 September 2020

From: Breaking News

High-end agency launches auctions to hedge bets in uncertain market

Knight Frank has launched an auction business to give vendors a wider range of sale options as market uncertainty remains because...

10 September 2020

From: Breaking News

Stamp duty surcharge - details emerge for non-resident purchases

The government has published draft legislation giving further details on the two per cent stamp duty surcharge on non-residents purchasing residential...

10 September 2020

From: Breaking News

Boomin - new portal snaps up Rightmove and Zoopla staff ahead of launch

The portal  set up by Purplebricks founders Michael and Kenny Bruce has revealed it's recruited Rightmove and Zoopla personnel and intends...

09 September 2020

From: Breaking News

PropTech Today: Is there any such thing as a portal war?

For a mixture of reasons, I now only write this column every two weeks. At first, I missed the weekly consideration...

09 September 2020

From: Breaking News

Ian Westerling - a legacy of Humberts, NAEA, PropTech and more

As many in the industry will know, Ian Westerling passed away last week at the age of 51: he was a...

09 September 2020

From: Breaking News

Hybrid agency outpaces High Street brands, company results show

Hybrid agency EweMove has outperformed its traditional sister companies within The Property Franchise Group over the past six months. That’s the clear...

09 September 2020

From: Breaking News

Coup for ESTAS as major agency group signs up to review platform

The ESTAS, which is fast establishing itself as a review platform as well as an awards network, has signed up the...

09 September 2020

From: Breaking News

PropTech offer for NAEA agents to work with start-ups

The National Association of Estate Agents is inviting members to join a panel reviewing new PropTech produced as a result of...

09 September 2020

From: Breaking News

Another US agency enters UK market with plan for 100 agents

Another US real estate agency wants to follow Keller Williams, Berkshire Hathaway and others by opening in the United Kingdom. Nest Seekers International...

08 September 2020

From: Breaking News

It's a record! Latest index reports price rise after buoyant summer

House prices rose again in August to reach a record high level according to Halifax, which is part of the Lloyds...

08 September 2020

From: Breaking News

Where do you appear? New league table shows listings per branch

A new league table shows how many listings exist per agency in 23 different cities across the UK.  The analysis looks at the...

08 September 2020

From: Breaking News

Guild selects 40 new agency members from 100 applicants

The Guild of Property Professionals says that in the past quarter it has had its highest number of new joiners on...

08 September 2020

From: Breaking News

Under half of agents say prices are up since lockdown - claim

A sentiment survey conducted amongst 585 estate agents by the OnTheMarket portal suggests fewer than half have witnessed price rises since...

08 September 2020

From: Breaking News

Surveyors slug it out: Revamped group wants to take on RICS

The Residential Property Surveyors’ Association appears to be taking on the Royal Institution of Chartered Surveyors in a battle for authority...

07 September 2020

From: Breaking News

Marcus Rashford criticises tweet from estate agency chairman MP

Hunters chairman Kevin Hollinrake - who is also a backbench Conservative MP - has been criticised on Twitter by Manchester United...

07 September 2020

From: Breaking News

Property Jobs Today - bumper bundle of new appointments

Hello, and if it’s the start of a new week it’s time for Property Jobs Today, giving you the inside track...

07 September 2020

From: Breaking News

“Bored” buyers lead to 20-month high in exchanges says top agency

Knight Frank says its analysis of the whole housing market across the UK shows that transactions in the final full week...

07 September 2020

From: Breaking News

Agents back investigation into “unfair sales tactics” over leasehold

NAEA Propertymark has thrown its weight behind a Competitions and Markets Authority investigation into whether consumer protection law has been broken...

07 September 2020

From: Breaking News

Purplebricks' founders 'not seeking external funding' for new portal

Property portal Boomin has been "courted by a range of potential backers" according to Sky News. The news service - which has...

04 September 2020

From: Breaking News

Watchdog launches probe into unfair sales tactics of leasehold homes

The Competition and Markets Authority is today opening enforcement cases focusing on the sale of leasehold homes by four leading housebuilders. They...

04 September 2020

From: Breaking News

Conveyancing log-jam warning from Rightmove, despite faster sales

Rightmove is warning of a conveyancing log-jam that may delay sales, despite the ongoing frenzy of activity and faster transactions for...

04 September 2020

From: Breaking News

Buyer beware? High numbers of purchasers disillusioned by process

Research by Zoopla has revealed the scale of the mistakes by and regrets for disillusioned home buyers. For large numbers of people...

04 September 2020

From: Breaking News

A lot less: Houses at auction achieve 40% less than via private treaty

With estate agents increasingly offering auction options to vendors, new research makes interesting reading - and suggests that homes sold via...

04 September 2020

From: Breaking News

Prime house prices to fall across Britain despite mainstream market surge

In the week the Nationwide recorded the UK’s highest ever average house price, high-end agency Savills has forecast that prime markets...

04 September 2020

From: Breaking News

Agents Do Charity - and we’re back to school at last…

For many agents it’s been a big week…not because of the surge of buyers, but because their children have returned to...

04 September 2020

From: Breaking News

Ground-breaking agent mentoring scheme wins lavish praise

A self-employed agent has gone public to lavish praise on the mentoring scheme which is part of the Agents Together charity. Cameron Carter,...

03 September 2020

From: Breaking News

Agents increasingly using ‘grey’ low-key marketing - claim

Estate agents are increasingly using low-key ‘grey’ marketing to avoid too many prospective buyers swamping them when homes go on sale. That’s...

03 September 2020

From: Breaking News

Record house prices likely to go higher still says leading agent

Record house prices recorded this week by the Nationwide index are set to go higher still according to a leading agent. Nationwide...

03 September 2020

From: Breaking News

Preparing for regulation of agents is key goal of new NAEA president

The new president of NAEA Propertymark says one of her key objectives for the year ahead is to prepare the industry...

03 September 2020

From: Breaking News

Independent agencies across the country buck trend by expanding

A south coast estate agency which has been operating since the 1980s has opened its seventh office.  Jacobs Steel’s latest branch is...

03 September 2020

From: Breaking News

Zoopla tells agents - we're free until January if you commit long-term

The battle between portals is hotting up again with Zoopla repeating its offer of free listings until January for agents committing...

02 September 2020

From: Breaking News

Furloughed mortgage and surveyor staff delay transactions - claim

A specialist property lender says transactions are being delayed by key staff being furloughed. Gareth Lewis, commercial director of property lender MT...

02 September 2020

From: Breaking News

Good News: Negative equity threat “far lower” than after 2008 recession

There’s good news from the think-tank the Resolution Foundation, which says the threat of negative equity because of the Coronavirus crisis...

02 September 2020

From: Breaking News

OnTheMarket’s financial advisers talk up company and new CEO

Two City consultancies instructed by OnTheMarket have talked up the company’s fortunes after the appointment of its new chief executive.  Shore Capital, which in...

02 September 2020

From: Breaking News

Bank of Mum and Dad still vital to house sales, figures show

Recent speculation that the so-called Bank of Mum and Dad would be playing a reduced role in the housing market has...

02 September 2020

From: Breaking News

Shock appointment: Ex-Foxtons man is OnTheMarket's new CEO

There’s been a surprise appointment as OnTheMarket chief executive. Instead of popular acting CEO Clive Beattie - who had made it known...

01 September 2020

From: Breaking News

Victim of notorious agency price fixing hits out at lack of refund

One of the victims of a notorious estate agency price fixing cartel has spoken out against one of the offenders.  Christina Davis...

01 September 2020

From: Breaking News

Boomin is only new portal that can rival Rightmove - top agent

One of the most experienced British estate agents says the new portal Boomin - expected to launch next month, October -...

01 September 2020

From: Breaking News

Big rises in property taxes expected to pay for virus spending

Hefty increases in taxes on the purchase and sale of holiday homes and buy to let properties are expected in the...

01 September 2020

From: Breaking News

US realtor says UK agents would earn more with multi-listing service

An American realtor who once predicted his company would have 5,000 UK estate agents working under its banner is now saying...

01 September 2020

From: Breaking News

Estate agents’ network links with part exchange operator

The agency affiliation group Relocation Agent Network is linking with HBB Solutions, a part exchange and ‘guaranteed purchase’ operator.  HBB says a...

01 September 2020

From: Breaking News

Agents ‘taught not to quote VAT on fees’ claims insurance firm

An insurance firm claims estate agents are taught not to quote VAT in fees until the final bill. A statement from Admiral...

28 August 2020

From: Breaking News

50% of property professionals expect pay rise despite recession

A new study reveals that two thirds of property professionals expect a pay rise in the next 12 months, despite Coronavirus and the recession. Of 1,100 professionals questioned...

28 August 2020

From: Breaking News

New high-end branch to seek more agents as it expands

Fine & Country has revealed its latest branch - a West Wales office opening for business on Tuesday. It will initially cover...

28 August 2020

From: Breaking News

Labour to spend two years debating property and housing issues

Labour’s shadow housing minister has revealed that it will be two years at least before the party sets out its long-term...

28 August 2020

From: Breaking News

Agents Do Charity - and there’s a long weekend here at last…

You might be forgiven for thinking we’ve been cheated out of our Bank Holidays this year, as so many fell during...

28 August 2020

From: Breaking News

Secret portal from Purplebricks founders wins praise from Rightmove critics

The Say No To Rightmove campaign has given a thumbs up to the new Boomin listings service created by the brothers...

27 August 2020

From: Breaking News

Boom! 13-year high for number of sales agreed per agency branch

If yet more proof were needed of the housing boom this summer, NAEA Propertymark says its sales agreed data suggests a...

27 August 2020

From: Breaking News

Free-to-list portal secures record visits in bid to rival Rightmove and Co

OneDome, which operates two free-to-list property listing sites, says it’s had a record month as it strives to build an alternative...

27 August 2020

From: Breaking News

Houses selling much faster than flats according to Zoopla data

Figures from Zoopla quantify how Coronavirus is changing the market, with houses selling significantly faster than flats. The latest market report from...

27 August 2020

From: Breaking News

Former agency owner launches training and coaching consultancy

A former agency director and owner with three decades of experience in the industry has set up a coaching and training...

27 August 2020

From: Breaking News

Agency identifies ‘recession-resistant’ locations in bid to ease fears

With the UK officially in what has been described as the single worst national recession in the world, one agency has...

27 August 2020

From: Breaking News

Are our fees too low? British agents amongst cheapest in the world

New research suggests that British estate agents charge some of the lowest fees in the world. Based on an apparent British average...

26 August 2020

From: Breaking News

Another self-employed agency model boasts of 100 new recruits

The battle between rival self-employed agent business models continues apace with eXp UK - set up last autumn - announcing it...

26 August 2020

From: Breaking News

Agent expelled by Ombudsman for failing to pay award to seller

An agency that has now closed down has been expelled by The Property Ombudsman for failing to pay an award of...

26 August 2020

From: Breaking News

PropTech Today: start-ups win investor backing in changing world

An overview of the global PropTech sector is often what I am asked to cover at conferences around the world. This generally...

26 August 2020

From: Breaking News

Rightmove says demand is rocketing in every region of the UK

Data from Rightmove shows that demand is up 61 per cent compared to the same period last year - and the...

26 August 2020

From: Breaking News

No experience needed? Agency defends recruiting from outside industry

One of the UK’s market centres set up by US-led agency Keller Williams has strongly defended its policy of recruiting newcomers...

25 August 2020

From: Breaking News

New PropTech reviews site aims to be agents’ go-to service

A new website aims to be the go-to service for agents who want reviews to help them assess the usefulness of...

25 August 2020

From: Breaking News

Vroom with a view - investment homes for sale at Silverstone

A developer working in collaboration with Silverstone race circuit is creating homes inside the track, near one of the motor racing...

25 August 2020

From: Breaking News

275,000 sign up for portal programme about moving house

Some 275,000 subscribers have signed up for the latest Zoopla email education programme under the Zooploma banner. This one is aimed at...

25 August 2020

From: Breaking News

Agency breaks tradition by holding first-ever August auction

In another sign of the buoyant housing market, estate agency Savills is breaking tradition by staging its first ever August auction...

25 August 2020

From: Breaking News

£73,000 defrauded from Countrywide branch - culprits go free

Over £73,000 has been stolen from a Countrywide branch by two admin staff making false travel claims and issuing fake invoices. The crimes...

24 August 2020

From: Breaking News

Ex-Countrywide man launches “world’s most intelligent” portal

A new portal launches today with 100,000 listings and a pledge to target buyers largely ignored by established websites - investors. It’s...

24 August 2020

From: Breaking News

Zoopla wins £50k free advertising for ‘out of lockdown’ campaign

Zoopla has been awarded £50,000 of premium ad space with the Telegraph Media Group in recognition of a campaign to help the UK...

24 August 2020

From: Breaking News

Property Jobs Today - latest moves in and across our industry

Hello and welcome to the latest edition of PJT, the industry’s summary of new movers. Of course many agencies are reassessing their...

24 August 2020

From: Breaking News

Transactions - there’s good news and there’s bad news…

The scale of the market bounce back after lockdown is made clear in new figures from HM Revenue & Customs. It registers...

24 August 2020

From: Breaking News

It’s a trap! Stamp duty holiday could lead to property taxes - claim

A prominent industry figure says the current stamp duty holiday could effectively be a trap to lure in buyers who will...

21 August 2020

From: Breaking News

Chinese buyers surge to UK - because of stamp duty or Hong Kong?

The stamp duty holiday running until March next year has triggered a surge in interest in UK property from Hong Kong...

21 August 2020

From: Breaking News

Supply of homes might dry up after “unprecedented” buyer demand

The supply of homes coming to the market could struggle to meet the demand from buyers shown in recent weeks, with...

21 August 2020

From: Breaking News

Housing Secretary Jenrick confident of keeping job in reshuffle

Controversial Housing Secretary Robert Jenrick, tipped by some for sacking when the Cabinet is reshuffled next month, appears to be confident...

21 August 2020

From: Breaking News

Agents Do Charity - more fund-raising good deeds

Hello and welcome to the weekend - if it’s Friday, it’s Agents Do Charity day as we pay tribute to fund-raisers...

21 August 2020

From: Breaking News

Instagram Offices - send us your end-of-summer team photos!

Whisper it quietly but in just 10 days time we have the final Bank Holiday before Christmas. We would like to mark...

20 August 2020

From: Breaking News

Countrywide Civil War: company hits back at shareholder’s claim

Countrywide has rejected a claim by one of its biggest shareholders that it does not engage with investors over future strategy...

20 August 2020

From: Breaking News

Coronavirus market impact - house moves down by a third

The number of people moving home dropped by almost a third in the first half of 2020, as the global pandemic...

20 August 2020

From: Breaking News

Agents urged to go appointments-only in one-person offices during Covid

Agents are being advised to operate an appointments-only system if they have offices with only one person on duty during the...

20 August 2020

From: Breaking News

Women In Residential Property - group grows during lockdown

The networking organisation Women in Residential Property has grown to over 300 members - its highest ever total.  Launched three years ago...

20 August 2020

From: Breaking News

PropTech platform claiming to halve transaction time wins cash boost

A PropTech platform that claims to halve the time a transaction takes has received a huge cash injection from investors for...

20 August 2020

From: Breaking News

Major Countrywide shareholder demands “bold action to save company

One of Countrywide’s biggest shareholders has written a second letter to the company to demand bold action to save the agency...

19 August 2020

From: Breaking News

Online agency sells ‘fall-through insurance’ after 100 deals collapse

An online agency says it’s offering its customers a kind of ‘fall-through insurance’ after over 100 deals collapsed between mid-March and...

19 August 2020

From: Breaking News

Vendors warned not to jump the gun on ditching London for the sticks

A leading buying agency is warning sellers and buyers not to jump the gun and abandon London in the belief that...

19 August 2020

From: Breaking News

Agents Offices: mandatory face masks, no TVs or music in Scotland

Estate agents’ offices have been explicitly mentioned by the Scottish Government as locations where face masks must now be worn by...

19 August 2020

From: Breaking News

Barking mad idea for how to identify Japanese Knotweed

One of the most prominent companies involved in identifying and treating Japanese Knotweed has recruited a new member of the team...

19 August 2020

From: Breaking News

Purplebricks bonus bonanza despite anti-money laundering blunder

If anyone thought the days of Purplebricks bosses making millions were in the past,  think again. The chief executive and chief finance...

18 August 2020

From: Breaking News

New online agency launches with fees from £249

A new agency called Eazy Agent has launched - it’s another online operation, this time with a starting price of £249. For...

18 August 2020

From: Breaking News

ESTAS ends 10 year relationship with Zoopla

Customer review and awards platform the ESTAS is parting company with headline partner Zoopla after 10 years. The founder of The ESTAS...

18 August 2020

From: Breaking News

Multi-agency sales operation wins high-profile new investor

An unusual property sales concept, which signs up vendors and then effectively sub-contracts their sales to strongly-performing local estate agents, has...

18 August 2020

From: Breaking News

Official UK House Price Index returns this week

You may not actually have missed it, but the UK House Price Index - the official government index - returns this...

18 August 2020

From: Breaking News

Rightmove Boom: All-time high for sales agreed in a month

Rightmove’s latest house price index shows the highest number of sales agreed in a month for over a decade. It’s 20 per...

17 August 2020

From: Breaking News

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