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Cash is king - but does it really mean lower sale prices?

A new study suggests cash buyers secure lower sale prices than mortgaged purchasers - but is that really the case? The survey by...

19 February 2020

From: Breaking News

PropTech Today: Why the Guild’s iBuyer move will be a struggle

This week I fly to Spain to present at a conference called Immotechnia. I am opening the conference with a 45-minute...

19 February 2020

From: Breaking News

Death of buy to let has been greatly exaggerated, new figures show

Predictions that landlords are not buying properties to let out because of tougher rental taxes and regulations appear to be short...

19 February 2020

From: Breaking News

A joint venture! Agency on a roll in medical cannabis experiment

Savills has smoked out another money-making opportunity with a new enterprise which it claims has “enormous growth potential.” The property consultancy is teaming...

19 February 2020

From: Breaking News

Negative equity warning to Help To Buy borrowers

The Financial Conduct Authority has issued a shock warning that mortgage borrowers who purchased properties through the Help To Buy scheme...

19 February 2020

From: Breaking News

Countrywide: vital sale appears stalled despite “imminent” claim

Countrywide is remaining silent over the stalled sale of its commercial arm. The troubled agency group’s share price dropped over 3.5 per...

18 February 2020

From: Breaking News

Another high end agent joins Keller Williams hybrid hub

Another former Savills agent has joined freelance agency operation Keller Williams, the second in recent weeks. In January it was revealed that...

18 February 2020

From: Breaking News

Business rates: NAEA plea rebuffed by sacked government minister

The government has dismissed a request from the NAEA and ARLA Propertymark to review business rates for agency offices on High...

18 February 2020

From: Breaking News

Homes bought after 14 days listing achieve best sale price - claim

A prominent consumer group says homes sold precisely 14 days after first being listed typically achieve the best price - closest...

18 February 2020

From: Breaking News

Young and minted: 50% of Mayfair residents aged 21 to 44

A high profile and widely-respected estate agent is predicting a huge demographic change to one of the country’s wealthiest enclaves -...

18 February 2020

From: Breaking News

A quarter of consumers don't use portals to conduct property searches

New research shows that 77 per cent of consumers use portals to conduct property searches - meaning, surprisingly, that almost a...

17 February 2020

From: Breaking News

Agents Beware: reports of cyberfraud phishing emails

A number of estate agents have recently received phishing emails, fraudulently claiming to be from the main portals and trying to...

17 February 2020

From: Breaking News

Rightmove hits back with record traffic and a boom spring ahead

Rightmove has hit back at critics saying it’s no longer the force it used to be by reporting record traffic for...

17 February 2020

From: Breaking News

Boris Bounce doubles number of leads generated for agents

An online valuation service says the number of leads it generated for agents in January was over double the figure in...

17 February 2020

From: Breaking News

Property Jobs Today: a bumper bundle of movers and shakers

Hello and welcome to the start of a new week - and it’s been a frantic seven days since the last...

17 February 2020

From: Breaking News

Mansion Tax scrapped after PM vetoes the idea

The government will not announce a Mansion Tax at next month’s Budget. It was first reported by the Sunday Telegraph a week ago,...

16 February 2020

From: Breaking News

Self-employed agent option launched by high end estate agency

Fine & Country has introduced a self-employed agency business model to be run by well-known former Property Academy chief Nicky Stevenson. The...

14 February 2020

From: Breaking News

Controversial housing minister named as predecessor picks up thousands

The new housing minister is Christopher Pincher, who for the past decade has been Conservative MP for Tamworth having had a...

14 February 2020

From: Breaking News

Use small portals and social media to stop Rightmove and Co, agents told

A challenger portal says agents should reduce their reliance on the likes of Rightmove and Zoopla by using smaller rival portals...

14 February 2020

From: Breaking News

Your Move veteran to take helm at Martin & Co’s parent firm

The Property Franchise Group - which owns Martin & Co, EweMove and three other brands - is to have a former...

14 February 2020

From: Breaking News

Valentine’s Day - and we love this agent’s hand-made decorations

It’s Valentine’s Day and everyone at Estate Agent Today hopes there is love in the air where you are…at least after...

14 February 2020

From: Breaking News

Agents Do Charity - even with another storm beating down on us…

Another weekend, another storm: it’s hard to put a smile on your face when winter goes on this long but the...

14 February 2020

From: Breaking News

Housing minister Esther McVey sacked by Boris Johnson

Esther McVey has been sacked as housing minister; she was the ninth housing minister in as many years. Her successor is the...

13 February 2020

From: Breaking News

Purplebricks boss slams agents as “miles behind” on digital personalisation

The chief executive of Purplebricks says agents are “miles behind” in using digital information to provide a personalised service.  Vic Darvey has given...

13 February 2020

From: Breaking News

345 branches join Zoopla in one month as leads and searches soar

Zoopla has published a startling set of statistics to demonstrate what it calls “a record January with significant growth in delivery...

13 February 2020

From: Breaking News

Reasons To Be Cheerful: buyer enquiries, sales and new instructions all up

For several years the regular monthly RICS market snapshot has made depressing reading - now, for there second month in a...

13 February 2020

From: Breaking News

Government told to raise stamp duty threshold to trigger recovery

The government has been told that raising the stamp duty threshold would both trigger more house moves, and bring the tax...

13 February 2020

From: Breaking News

More Valentines windows - have a heart if you can bear it…

Thanks so much for your responses to our request for Valentines office window displays - we didn’t realise February 14 was...

13 February 2020

From: Breaking News

Key Countrywide agency chief quits firm after reorganisation

Estate Agent Today can reveal that one of the most senior figures in Countrywide’s upmarket John D Wood and Hampton International brands...

12 February 2020

From: Breaking News

Rightmove no worse than many other suppliers says ex-Purplebricks boss

One of Britain’s most experienced estate agents says there’s no alternative to Rightmove, and the portal’s relationship with the industry is...

12 February 2020

From: Breaking News

PropTech Today: Humans cannot win on their own - neither can technology

A book, written by Gary Kasparov, has really made me question my opinions on Artificial Intelligence (AI). The book is called...

12 February 2020

From: Breaking News

New homes portal reports 71 per cent surge in leads in a year

A new homes portal says that in the past year it’s seen a rise of 82 per cent in website visitors and...

12 February 2020

From: Breaking News

Rightmove tech guru defects to rival free-to-list portal

The head of SEO at Rightmove has defected to a rival portal, Residential People. Farhaad Saleh was responsible for all of Rightmove's...

12 February 2020

From: Breaking News

New TA6 form has now gone live - you can see it here

The Law Society’s new TA6 Property Information Form has just launched, as previewed on Estate Agent Today 10 days ago.  “The TA6...

12 February 2020

From: Breaking News

Countrywide silent on why due diligence didn’t spot sale problem

Countrywide is declining to explain why due diligence on the sale of its commercial arm did not catch a problem which...

11 February 2020

From: Breaking News

String of independent agents named as latest members of trade body

The Federation of Independent Agents has revealed the names of a string of new member companies from across the UK. Founder Graham...

11 February 2020

From: Breaking News

Third Keller Williams market centre of 2020 opens - with more to come

A new market centre operating as a hub for freelance agents has opened in Glasgow. Called KW Evolve it is a Keller...

11 February 2020

From: Breaking News

Johnson’s Mansion Tax: angry Tories hit out at ‘socialism lite’

Conservatives have been lining up to criticise a mansion tax which may be introduced on expensive homes to fund infrastructure improvements...

11 February 2020

From: Breaking News

Consumer group concerned over 30% cut price First Home scheme

The HomeOwners Alliance, a leading property consumer group, has now suggested it has some concerns about the government’s First Homes scheme. This...

11 February 2020

From: Breaking News

Another Valentine’s window - we’re taking it as red…

With just a few day’s to go to Valentine’s, we’re delighted to have another themed agency window to share with readers. Many...

11 February 2020

From: Breaking News

Mystery of Countrywide’s indisposed Monaco buyer deepens

The mystery of why Countrywide’s crucial sale of its commercial arm has failed to go through as scheduled deepened over the...

10 February 2020

From: Breaking News

Seven days left for agents to defend referral fees to Trading Standards

Agents now have only seven days to complete a referral fees survey, announced late on Friday by Trading Standards and The...

10 February 2020

From: Breaking News

Agents vent anger at ‘Boris Corbyn’ shock Mansion Tax proposals

Agents have reacted angrily to the government contemplating introducing a Mansion Tax, and to the Housing Secretary not ruling out the...

10 February 2020

From: Breaking News

Housing Minister McVey to be sacked this week, briefings suggest

Unsourced stories in a number of newspapers over the weekend - all likely to have come from government off-the-record briefings -...

10 February 2020

From: Breaking News

Property Jobs Today - the movers and shakers in our industry…

Hello and welcome to the latest PJT - your regular Monday fix of who’s moving where in our industry. As ever, a...

10 February 2020

From: Breaking News

Agents’ delight at another sign that the market is on the rise

Annual house price growth increased to 4.1 per cent in January, up slightly from the end of 2019, according to Halifax...

10 February 2020

From: Breaking News

Consumer champion backs 30% discount scheme for local first timers

One of the leading consumer groups has backed the government’s controversial First Homes policy, which aims to give 30 per cent...

10 February 2020

From: Breaking News

Mansion Tax on high value houses being considered by government

Boris Johnson is considering introducing a mansion tax for high value homes according to a Sunday newspaper. The Telegraph - citing two...

08 February 2020

From: Breaking News

Urgent Referral Fees survey of agents launched by Trading Standards

The National Trading Standards Estate & Letting Agency Team and The Property Ombudsman have launched an urgent survey to assess awareness...

07 February 2020

From: Breaking News

Countrywide shock: Mystery delay in sale of part of company

Countrywide has revealed a mysterious delay in the sale of its commercial arm, Lambert Smith Hampton - a sale considered crucial for the...

07 February 2020

From: Breaking News

Discounted homes for first time buyers scheme unveiled by government

The government has announced its First Homes scheme - a policy under which it says some new homes will see their...

07 February 2020

From: Breaking News

Major coup for Zoopla as it hires top research guru from agency

One of the country’s leading housing market research experts has been poached from Knight Frank to join Zoopla. Gráinne Gilmore - a...

07 February 2020

From: Breaking News

Boris Bounce on hold? Swathes of London still in the doldrums

Coutts has identified areas of London where house prices are still below peak. Although the wealth manager and private bank says there...

07 February 2020

From: Breaking News

Conveyancers told to probe deeply into flood risks of homes on sale

The Law Society is telling prospective house purchasers to probe flood risks in the light of a new practice note it...

07 February 2020

From: Breaking News

We just LOVE Valentines - and here’s another great window display

We’re delighted to be able to show another very charming Valentine’s Day window display - this one from Emma’s Estate Agents...

07 February 2020

From: Breaking News

Agents Do Charity - from desert marathons to nuclear rushes…

Hello and welcome to the end of the week, which always means a round-up of our industry’s good work for charity....

07 February 2020

From: Breaking News

Trustpilot hits back at allAgents over accuracy of reviews

The war of words between estate agency review website allAgents and consumer review service Trustpilot continues apace. Trustpilot has hit back, describing allAgents’...

06 February 2020

From: Breaking News

OnTheMarket claims monthly visits record - but just a fifth of Rightmove

OnTheMarket claims its visitor total last month exceeded 30m, a new monthly record and an increase of some 28 per cent...

06 February 2020

From: Breaking News

Buyers’ questions on value and price ‘dreaded’ by agents

Agents “dread” buyers’ questions on value, asking prices and nearby new development according to a survey. Some 50 agents and over 1,500...

06 February 2020

From: Breaking News

Broadband seen as ‘4th utility’ by buyers and agents

New research suggests the internet and broadband coverage have become even more important to buyers and tenants. The study - involving 228...

06 February 2020

From: Breaking News

A Love-ly agent! Are there more Valentines’ windows out there?

It’s just over a week to Valentine’s Day and we’re delighted to see that at least one agent is in an...

06 February 2020

From: Breaking News

New home registrations soar 80% in past decade

New home registrations in the UK have risen over 80 per cent in the last decade, according to the NHBC. From 2010...

06 February 2020

From: Breaking News

Rightmove defies critics and enjoys its busiest ever month

Rightmove may continue to be a target for criticism from some agents and rival portals but it has just enjoyed it...

05 February 2020

From: Breaking News

Online agency’s ‘We Sell For Free’ claim backed by watchdog

An online agency’s claim that it sells homes “for free” has been disputed by a High Street rival - but the...

05 February 2020

From: Breaking News

PropTech Today: What can 80 conveyancers teach PropTech?

“It appears conveyancers either aren’t too concerned with PropTech right now, or they don’t yet have all the information needed to...

05 February 2020

From: Breaking News

Review site in Purplebricks row now at war with Trustpilot

The estate agency review site allAgents claims some of Trustpilot’s reviews “could be dubious.”  A statement from allAgents repeats an allegation made last...

05 February 2020

From: Breaking News

Online valuation chief says website widget needs marketing back-up

The people behind an online valuation service is warning agents that having a widget on their website is not enough by...

05 February 2020

From: Breaking News

Auctioneer building agent contacts ahead of first sale by new branch

Auction House, which says it’s the largest property auctioneer in the UK, is opening a new branch in Kent, with its...

05 February 2020

From: Breaking News

Estate agents offered ‘free’ refurbs of hard-to-sell properties

A new renovation start-up is operating across eight cities and claims to be able to transform properties - including ones that...

04 February 2020

From: Breaking News

Agents told they could each save over £27,000 a year - but how?

As competition hots up between affinity groups and associations in the industry, the Guild of Property Professionals has come out fighting. It...

04 February 2020

From: Breaking News

Award-winning agency closes after 40 years in business

An estate agency that won a major property award only 18 months ago has shut after trading for 40 years. The Marlborough...

04 February 2020

From: Breaking News

OnTheMarket agents to receive 400,000 shares from tomorrow

OnTheMarket will tomorrow issue over 400,000 shares to agents who have signed new long-term listing agreements with the portal. No details have...

04 February 2020

From: Breaking News

Agents’ Compulsory Qualifications: politicians to meet group this week

The chair of the working group introducing mandatory examinations and qualifications for estate and letting agents says senior politicians will meet...

04 February 2020

From: Breaking News

Moneypenny now official partner of NAEA, ARLA and NAVA Propertymark

Well-known outsourced communications service Moneypenny has become an official industry partner to Propertymark, and its NAEA, ARLA and NAVA trade bodies.  Combined...

04 February 2020

From: Breaking News

Phil Spencer: which areas of the moving process do consumers least understand?

Unfortunately for consumers, buying and selling properties is rarely plain sailing. But fortunately for agents, this provides you with an opportunity to...

03 February 2020

From: Breaking News

Is this why Countywide, Purplebricks and Foxtons are struggling?

An outspoken industry commentator says some of the country’s leading agencies are failing because they’re not actually run by experienced agents. Russell...

03 February 2020

From: Breaking News

Online agencies fail once again to push market share above five per cent

An analysis of the market share of online agents shows they are on 4.8 per cent - virtually unchanged from the...

03 February 2020

From: Breaking News

Coup for Keller Williams UK as it signs up Savills director

Keller Williams UK is opening a new Market Centre, this time in Oxfordshire - and it has signed a senior Savills...

03 February 2020

From: Breaking News

Property Jobs Today - the very latest industry movers and shakers

Welcome to the first February PJT. As the year progresses the industry embarks on more appointments, especially with a market that’s...

03 February 2020

From: Breaking News

Agents must educate sellers about realistic prices, says Zoopla

A state-of-the-housing-market survey by Zoopla has led the portal to tell agents they have an opportunity to educate sellers about prices. “We...

03 February 2020

From: Breaking News

All Change: new TA6 Property Information Form launches next week

The Law Society has announced that there will be a new TA6 Property Information Form launching next week, on Friday February...

31 January 2020

From: Breaking News

Agency folds after 235 years in business - but why?

Mystery surrounds a historic agency that has ceased trading after 235 years in business - even though its website is still...

31 January 2020

From: Breaking News

Hunters now UK's third largest agency with PropTech to the fore

The Hunters franchise group says it’s now the third largest agency in the UK, and it promises to reveal a major...

31 January 2020

From: Breaking News

Reminder - Phil Spencer’s ‘help for agents’ column starts Monday

Here’s a reminder of some news we broke last week - the hugely-respected Phil Spencer starts a regular column for the...

31 January 2020

From: Breaking News

When it comes to big decisions, the public haven’t a clue…

Is that a headline appropriate for Brexit Day? Surely not. No, instead it’s a description of the results of a survey...

31 January 2020

From: Breaking News

Agents Do Charity - and what’s that rumble I hear?

Hello and welcome to the last day of January, Brexit Day and - perhaps most importantly - the latest edition of...

31 January 2020

From: Breaking News

Agency denies any responsibility for cyber security breach

Estate agents concerned over security breaches will be closely analysing what happens with a case concerning a London firm’s compromised email...

30 January 2020

From: Breaking News

Foxtons: another big sales slump revealed in trading statement

Foxtons's trading statement this morning reveals another huge slump in sales - but no new announcement about future branch closures after a spate...

30 January 2020

From: Breaking News

Don’t use an online agent! Lawyer makes warning to sellers

A leading property lawyer is urging sellers not to use online agents because to do so would be “a gamble”. Gillian Wright...

30 January 2020

From: Breaking News

Quality of agency service for high-end buyers has “dwindled” - claim

An estate agent has set up his own buying operation because he claims the quality of service for high-end buyers has...

30 January 2020

From: Breaking News

“Aggressive acquisition strategy” revealed by London agency

London-focussed high end agency Chestertons says it’s on the hunt for acquisitions after posting what it describes as a “record performance”...

30 January 2020

From: Breaking News

Goal! The industry’s favourite five-a-side tournament is back...

It’s back - the five-a-side football tournament which made its debut last year with teams from the property sector makes a welcome return...

30 January 2020

From: Breaking News

Up again: House price rises at 14-month high as Bank meets

The Bank of England’s monetary policy committee meets today for its monthly decision on whether the move base rate - and...

30 January 2020

From: Breaking News

Portals to be at the heart of house buying reforms

Rightmove and Zoopla have been working with key figures from government and the agency and conveyancing industries on how to reform...

29 January 2020

From: Breaking News

Agents Beware: Mandatory disclosure of referral fees still a possibility

It is possible that agents and their business partners in the conveyancing, mortgage and survey industries could be obliged to have...

29 January 2020

From: Breaking News

PropTech Today: Could you cut months off your deal time?

Quite a few years ago, I spoke at a conference for auctioneers. It was a traditional affair. Rural location. Nice hotel....

29 January 2020

From: Breaking News

Boris Bounce means buyer demand soaring across the UK

Zoopla’s Hometrack data research arm says the start of 2020 has seen buyer demand up 26 per cent compared to the...

29 January 2020

From: Breaking News

Revealed: 'time on market' from first portal listing to Land Registry sold

The average time it took a home to sell last year - measured from its first day listed on a portal...

29 January 2020

From: Breaking News

Every agent must pass qualification exams in ‘new era’

Some older estate agents may end up retiring when mandatory examinations and qualifications are introduced as there will be no ‘free...

28 January 2020

From: Breaking News

‘The Google of Estate Agency’ - firm recruits 100 for call centre

An estate agency is setting up a call centre employing some 100 people in a bid to become “a one stop...

28 January 2020

From: Breaking News

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