Archive

Swiss bank UBS has upgraded its investment rating on Purplebricks, raising its price target and urging investors to buy. In a note...

Hello and welcome to the latest edition of PJT - we know some agencies are reshaping their structures and downsizing but this...

One of the country’s highest-profile mortgage lenders, HSBC, is restricting loans on apartments from today. Only buyers of flats who have a...

A digital resource hub for estate agents claims to shorten transaction times. Sort Move, which has been operating since late 2019,...

Zoopla says it wants to know what agents think of its new TV advert which airs from tomorrow but can be...

A leading expert on estate agency and the housing market in Australia has lifted the lid on how Purplebricks failed down...

Asking prices are up again for a third consecutive month in all English regions and across Scotland and Wales.  The measurement, from...

HM Land Registry customers - including agents and conveyancers - can now manage all of their applications and correspondence including notices,...

Hello and welcome to Agents Do Charity, a weekly round-up of news as the industry continues fund-raising even in these challenging...

London agency JOHNS&CO says the performance of its staff during the Coronavirus period has led it to launch what it regards as...

The latest market snapshot by the Royal Institution of Chartered Surveyors warns the current boom may not continue as government support measures...

The government’s new Kickstart scheme is the ideal way for agents to encourage new talent without incurring any cost. That’s the view of The...

The number of jobs advertised as available in the UK real estate sector plummeted from 14,000 at the end of the...

Many young people are stuck unable to purchase their first home even if house prices fall in the wake of the...

Connells Group has announced its trading statement for the first half of 2020 - and its support for its staff is...

Agents should check where buyers and sellers have been on holiday as part of their approach to safety during the Coronavirus...

I want to talk to you about new ways to sell homes. Let's not encourage people to sell but just swap...

A home office set up in a dedicated room apparently adds £17,500 to the value of a property. Direct Line Insurance has...

Is Countrywide finally on the road to recovery? Its share price has risen 125 per cent in the past three months; much of...

A property developer has set up an estate agency that charges no commission to sellers but instead levies a non-refundable reservation...

A row is brewing over an agency which acted on a vendor’s request to use the English version of a house...

The share of owners putting their homes on the market within five years of buying is rising again according to an...

Hunters has announced the launch of an additional franchise office at Torquay in Devon. The branch is a conversion of local independent...

Reviews and awards platform ESTAS has announced that it’s now the preferred partner of the Guild of Property Professionals.  “Over the past...

An investment adviser says Purplebricks remains “far too risky” for investors even though it now has “a fighting chance of survival”. Rodney...

Knight Frank says the stamp duty holiday for properties at £500,000 and below should be made permanent. The holiday is due to...

The Federation of Independent Agents has announced its latest partnership - this time with a live-streaming viewing service called Gavl. The platform...

The Sequence Group is to be the sole selling agent for RoyaleLife, the country’s largest builder of bungalows, exclusively aimed at...

Agents have been understandably delighted at the latest Halifax index which shows house prices posting their biggest gain of the year...

Property raffles are a legal minefield and many are too good to be true, according to a leading lawyer. There has been...

Almost all estate agents are still saying Yes to Rightmove, according to figures produced by the portal this morning. Membership numbers for...

Zoopla has revealed details of its biggest ever marketing campaign in a bid to cash in on agents’ growing dissatisfaction with...

Housing Secretary Robert Jenrick has confirmed that the First Homes scheme will provide newly built homes at a 30 per cent...

The UK residential activities of high-end agency Savills suffered a 54 per cent reduction in profits and an eight per cent...

It’s hotting up out there as a beautiful summer’s weekend beckons - an ideal time for some fund-raising in the sun,...

The proportion of the asking price achieved on average in the past year is 95.8 per cent according to a new survey. Comparison...

It’s probably not a surprise but new research has revealed where people want to move to - as well as where...

House raffles and similar competitions have become mired in controversy in recent years, thanks to some of them failing to abide by...

Savills has held its fourth remote auction, raising some £32m with an 82 per cent success rate - making it the...

Wholesale reform of leasehold issues is still some years away, despite recent proposals by the Law Commission and pledges by the...

A PropTech firm that regularly claims London homes are mis-measured in property descriptions has taken a swipe at Purplebricks. Pupil, a spatial...

The chairman of LSL Property Services - Simon Embley - says he is “increasingly optimistic” about the outlook for the market,...

Strutt & Parker is warning that in a worst-case scenario house prices in some locations could drop 10 per cent this...

A survey of estate agents’ market share post-lockdown indicates significant advances for independent agencies and online operators. TwentyCi, a data consultancy, says...

Rightmove and OnTheMarket have revealed their latest bids to keep agent support. Rightmove is launching an extensive redesign of property details pages, after...

The Guild of Property Professionals is relaunching its online auction brand - Guild Auctions - even though it has already successfully...

New information has come to light which suggests that a leading marketing platform may be planning to step into the CRM...

Rightmove’s new chief financial officer has a basic salary of £390,000 plus bonus options coming to a potential total of £1.75m. Alison Dolan has...

A law practice says HM Revenue & Customs is launching a probe into companies that have allegedly abused the Coronavirus furlough...

The new portal OpenBrix, which is powered by Blockchain, has revealed its fee structure ahead of its formal launch on September...

An intervention by a magazine has led to Purplebricks refunding the up-front fee to a seller whose husband died suddenly and...

A new PropTech platform says its central feature will be the launch of a Multiple Listings Service.  This will allow agents “to...

A BBC presenter has used her local newspaper column to mock an estate agency for suggesting fridge magnets be removed to improve...

    Purplebricks says changes to its fees structure - possibly becoming less reliant on controversial upfront charges - has been delayed until...

Agents have long been the victim of a poor public reputation, from scoring highly in most disliked profession polls to being...

OnTheMarket has confirmed it is “considering” making redundancies - the second of the large portals to be in this position. Rumours have been...

A new director has been appointed at Fine & Country charged with achieving the corporate goal of “becoming the largest premium...

The Nationwide says annual house price growth has recovered to 1.5 per cent. Its July house price index says the fall in...

Agents are awaiting the outcome of a test case regarding Business Interruption Insurance, which may determine whether they receive thousands of...

The debate over whether For Sale boards remain a valuable source of publicity has been in the headlines of late -...

A housing market snapshot for prime London shows a fall of over half in the number of £1m-plus properties sold so...

A new study confirms the growing trend of buyers wanting good broadband links - and the possibility that homes without them...

Hello: if it’s Friday it’s charity day and this week we have a special announcement from the industry’s own charity, Agents...

A statement by OnTheMarket this morning reveals that as of the end of last month it had a record 14,000 advertisers...

OneDome has released a list of High Street agencies that have signed up to its free-to-list portal and sister website Nethouseprices  -...

Mortgage approvals - a key indicator of short-term activity in the housing market - beat expectations in June according to Bank...

Government leaks to mainstream and building trade media suggest the controversial Help To Buy scheme will be extended beyond its end-of-2020 deadline. An...

Fine & Country has announced it signed a string of agencies to its brand during lockdown. Most F&C agents members are High...

The number of Hong Kong buyers looking at property in London has doubled in just five weeks according to an agency...

Chancellor Rishi Sunak’s stamp duty holiday means prime property in the UK now enjoys lower tax rates than most European countries. Buyers...

Purplebricks has revealed that its new board member is one of the world’s leading digital executives.  Dr Stephanie Caspar is the new...

Steve, his name was. Steve, the board man. A rather frightening man, if truth be told. When I started at Foxtons, he used...

A new website that describes itself as an estate agency says it wants to “empower people to sell their own home”...

There’s been a very large rise in the number of complaints submitted by consumers to the Property Redress Scheme. This is partly...

Rightmove says a study of some 400,000 homes on its portal has revealed that those with a coveted south-facing garden have...

A new analysis of corporate estate agencies’ social media followings and websites shows the big winners to be Savills, Foxtons and...

A trading statement from Foxtons this morning reveals that 85 per cent of staff are now off furlough, and that the...

Zoopla says while there may be speculation about people fleeing London and big urban areas for the countryside, the evidence suggests...

HM Land Registry is now accepting witnessed electronic signatures on documents for the  transfer of ownership of property, the creation of...

Do you want to run the newly-merged Propertymark, embracing both the National Association of Estate Agents and the Association of Residential Letting...

The housing market is still booming according to data released by the National Association of Estate Agents Propertymark - although the...

A vendor who suffered a fall-through on the sale of his five bedroom home in West Yorkshire is now trying to...

A founder of Purplebricks, Michael Bruce, suggests there was nothing wrong with the controversial Commisery TV ads that contributed to making...

An agent in Hertfordshire says he routinely secures 5,000 visits to ‘live open houses’ on Facebook Live, and have on one...

There’s a record number of property industry companies, including agencies, in financial distress according to the latest Red Flag alert monitor. The...

Butters John Bee, one of the oldest agency brands in the UK, is the latest part of the Spicerhaart group to...

National Crime Agency officers working as part of a Paramilitary Crime Task Force have searched a home in Belfast and have...

Zoopla says its sale and vendor leads have reached a 2020 high, beating volumes delivered even during the strong start to the...

The chief executive of the UK operation of a US-owned brand says his agency its the fastest growing in this country...

Tens of billions of pounds of new taxes should be levied through a Capital Gains Tax imposed on main homes, not...

A new property website relying heavily on Artificial Intelligence allows sellers to by-pass estate agents and instead list directly for £14.99...

New guidance on face coverings for agents working in branches, and for those dealing directly with visitors, was issued last evening. A statement...

The EweMove hybrid agency has been singled out for special praise in a trading statement from its parent company, which also...

Agents Do Charity - as the summer heat is on… It’s hotting up outside and while this is set to be a...

It is widely expected that Purplebricks will shortly reveal the result of an experiment with a number of different pricing strategies. The...

Zoopla's Research and Insight Director Richard Donnell writes: Just over a fortnight on since the Chancellor announced the Stamp Duty holiday and...

A branch of London agency Foxtons has been targeted by a group of political agitators called Beyond Politics, which says it’s...

NAEA Propertymark is calling on agents to show “greater diligence” when dealing with Russian buyers, in the light of the report...

A PropTech platform that aims to lock-in sellers and buyers via a mutually agreed reservation agreement system is being offered free...

Purplebricks founders Michael and Kenny Bruce have revealed the name of their new property venture.  It’s to be called Boomin. There are still few specific...