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TPO increases fees - and agents who generate most complaints pay more

The Property Ombudsman scheme is increasing its fees in January for the first time in six years - and it’s implementing...

11 November 2019

From: Breaking News

OnTheMarket share price flops as Rightmove complaints rise

OnTheMarket’s share price slumped to an all-time low just before the end of trading last week. The price fell to 69.0p during trading on...

11 November 2019

From: Breaking News

Order! Order! Bercow to be key speaker at property conference

The controversial former Speaker of the House of Commons, John Bercow, is to be the keynote speaker at a property industry...

11 November 2019

From: Breaking News

Property Jobs Today - who’s moving where, when and why…

Hello, we hope you had a good weekend, and welcome to Monday - as ever, Property Jobs Today time, bringing you...

11 November 2019

From: Breaking News

Five years in Prime London: prices down 15% and supply 45% down

The latest market snapshot of prime central London suggests that homes there are now 15.2 per cent cheaper than five years...

11 November 2019

From: Breaking News

Zoopla produces more leads for agents and faster mobile searches - claim

Zoopla says it now offers the fastest listings search of all three leading UK property portals on mobile devices. In turn, it...

08 November 2019

From: Breaking News

Agency in long-term deal to provide financial services to regional chain

Belvoir has struck an innovative eight-year exclusivity agreement with Dacres, the 20 office estate agency network based in Yorkshire, to deliver...

08 November 2019

From: Breaking News

Market latest: Agents hope for New Year boost as prices stagnate

House prices dipped a tiny 0.1 per cent in October - but this led to the annual rate coming in at...

08 November 2019

From: Breaking News

 Bucking the trend: new and larger offices revealed for two agencies

It’s not-so-unlucky 13 for national property consultancy Bruton Knowles which has opened its 13th office in the country. The new office is...

08 November 2019

From: Breaking News

Agents Do Charity: the close shave for the hairy upper lip edition…

If you haven’t noticed, it’s November already - a month where it’s increasingly popular for men to grow moustaches for charity....

08 November 2019

From: Breaking News

Purplebricks claims 4% market share but admits revenue stays flat

Purplebricks has this morning released a brief and relatively downbeat trading statement to the City and its shareholders. The statement applies to the...

07 November 2019

From: Breaking News

Agent fined £30,000 for failing to tell buyer of Grenfell-style cladding

An estate agency has been fined £30,000 for waiting until minutes after the sale of a flat was completed to tell...

07 November 2019

From: Breaking News

Breakthrough as agent sells apartments without ground rents

A London estate agency says a new scheme of apartments being launched for sale this weekend will be the first ever...

07 November 2019

From: Breaking News

30 sellers to each buyer if Corbyn wins, predicts anti-Labour agent

A stridently anti-Labour estate agent has launched a stinging attack on the Opposition’s policies and has issued a stark warning of...

07 November 2019

From: Breaking News

Reapit’s new platform “to take away manual grunt work” from agents

Reapit has launched a platform, cloud infrastructure and marketplace called Foundations which aims to provide “all the PropTech solutions” for agencies’...

07 November 2019

From: Breaking News

Online agency’s reason for low volumes (it’s not Brexit or stamp duty)

An online agent claims to have the answer to why fewer people are buying and selling these days. It’s not Brexit, stamp...

07 November 2019

From: Breaking News

Leading agent slams “pitiful” government record on affordable housing

One of London’s leading estate and lettings agents has criticised the government over what he calls its “pitiful” record on affordable...

07 November 2019

From: Breaking News

Ban all boards! Council wants government backing for blanket ban

A London council wants government backing for a borough-wide Section 7 direction - effectively banning all agents’ boards being erected without...

06 November 2019

From: Breaking News

PropTech to digitally transform house-buying pledges housing minister

Housing Minister Esther McVey has launched an expert advisory council that the government says is “dedicated to the digital transformation of...

06 November 2019

From: Breaking News

Shock advice to buyers: Consider waiting in case Labour scraps SDLT

Until now General Election pledges of stamp duty reforms were restricted to the Conservatives - but now a tax consultancy says...

06 November 2019

From: Breaking News

PropTech Today: The biggest mistake you can make is to do nothing

This line is one that I use a lot in my speeches and presentations, often as part of the final slide. I...

06 November 2019

From: Breaking News

Regulating agents is key demand from leasehold campaigner

A 10 point manifesto to drive forward leasehold reform has been published by prominent campaigner Louie Burns, of The Leasehold Solutions Group. The 10...

06 November 2019

From: Breaking News

Home Logbooks, Property MOTs and agent regulation demanded by NAEA

The National Association of Estate Agents and the Association of Residential Letting Agents have issued their manifesto for next month’s General...

05 November 2019

From: Breaking News

Fall Throughs: more support revealed for Reservation Agreements

Buyers and sellers changing their minds lie behind almost a third of fall-throughs - the single biggest reason why transactions collapse,...

05 November 2019

From: Breaking News

Backfired! Ban on second homes makes it harder for locals to buy

A new study by the London School of Economics suggests that a high profile ban on the sale of new homes...

05 November 2019

From: Breaking News

Cash incentives for network’s lead generation and training

Relocation Agent Network has revealed a new competition in which member agents can win tip to £5,000. RAN currently offers four customer...

05 November 2019

From: Breaking News

Government blasted  over Starter Homes failure

The National Audit Office, a spending watchdog, has exposed the government’s Starter Homes policy with a damning critique of its failure The...

05 November 2019

From: Breaking News

Countrywide: the facts behind the accounting controversy

The Royal Institution of Chartered Surveyors has today published the paperwork behind the recent Countrywide £10m accounting controversy. Published on the RICS...

04 November 2019

From: Breaking News

Agents to receive one million shares from OnTheMarket this week

OnTheMarket will on Wednesday of this week issue over a million shares to agents who have signed new long-term listing agreements...

04 November 2019

From: Breaking News

Stamp Duty: agency poll shows doubt over Johnson honouring pledge

A survey undertaken for estate agency Jackson-Stops reveals that 55 per cent of people do not believe housing is a priority...

04 November 2019

From: Breaking News

Zoopla is “UK’s most comprehensive property site” with new listings

Zoopla is continuing its aggressive expansion of listings and services to agents with news this morning that it has added a...

04 November 2019

From: Breaking News

Property Jobs Today: what’s happening where in our industry

Hello there and welcome along to the latest PJT, your weekly catch-up on who’s moving where in agency, amongst suppliers and...

04 November 2019

From: Breaking News

Labour’s housing energy efficiency plan to cost £60 billion

A Labour proposal to dramatically improve energy efficiency in almost every British home would cost an estimated £60 billion. The upgrades would...

04 November 2019

From: Breaking News

Reservation Agreements may need bigger penalties says Reapit chief

Reservation Agreements may require bigger financial penalties than the £500 to £1,000 currently envisaged if they are to work. That’s the view...

01 November 2019

From: Breaking News

Election 2019: what agents should expect from the main parties

It’s on - although judging by the early lack of enthusiasm amongst the British public, you might be forgiven for thinking...

01 November 2019

From: Breaking News

Brexit: industry at loggerheads over its impact on the market

Two very different views on Brexit have come forward in the past 24 hours from different players in the industry. First off,...

01 November 2019

From: Breaking News

Agency bids to help leaseholders faced with short leases

A London estate agency is attempting to help leaseholders with short leases who may be finding it hard to raise funds...

01 November 2019

From: Breaking News

Agents Do Charity - on a big title-deciding weekend…

There may be lots of agents giving time this weekend to see England at the Rugby World Cup final and Lewis...

01 November 2019

From: Breaking News

They've come back to haunt us - two final agents’ Halloween tricks…

Just because Halloween has officially been and gone for another year, doesn’t mean we would give up a chance to celebrate...

01 November 2019

From: Breaking News

Foxtons income drops again thanks to Brexit and fees ban

Foxtons' latest trading statement shows another fall in sales revenue - but this time lettings income is down too. In an announcement...

31 October 2019

From: Breaking News

Countrywide investors calm after second compliance crisis in a year

Countrywide’s ever-patient investors appear to have been unfazed by the company’s latest compliance issue, which has led to a £100,000 fine...

31 October 2019

From: Breaking News

Message to new government: Sort Brexit one way or another

Agents and property industry figures have given a clear message to the government six weeks ahead of the General Election -...

31 October 2019

From: Breaking News

Deaths, break-ups, dodgy neighbours - why buyers pull out of deals

Almost inevitably on Halloween, there’s a report today on the horror stories that deter buyers - but it may well be...

31 October 2019

From: Breaking News

Capital Gains Tax changes: owners advised to seek financial advice

A tax expert is urging owners of second homes, as well as property investors and existing landlords, to seek independent financial...

31 October 2019

From: Breaking News

It’s Halloween and more spooktacular agents are creeping it real

The big day is here and thanks so much to all the agents who have this year sent in their Halloween...

31 October 2019

From: Breaking News

False dawn for prime London market as Brexit chaos strikes again

London Central Portfolio, the investment consultancy which  saw signs of an upturn in the prime market in the capital this autumn,...

31 October 2019

From: Breaking News

£100,000 fine for Countrywide over funds controversy

It’s now emerged that Countrywide has to pay a £100,000 fine to the Royal Institution of Chartered Surveyors after breaching guidelines...

30 October 2019

From: Breaking News

Countrywide settles funds controversy by repaying client accounts

Countrywide has this afternoon released a statement suggesting it has, in its eyes, settled the controversy over unclaimed lettings funds being...

30 October 2019

From: Breaking News

Purplebricks, Housesimple and Yopa must merge to survive - claim

The former chief of an online estate agency says the top three surviving firms in the sector must merge if they...

30 October 2019

From: Breaking News

Countrywide quiet on claim diverted money ‘propped up company’

Countrywide has declined to comment on circumstances surrounding today’s Royal Institution of Chartered Surveyors disciplinary meeting about diverted funds. One of RICS’...

30 October 2019

From: Breaking News

PropTech Today: Out of hours leads - is quantity better than quality?

I was shocked, not so long ago, by an out of office reply I received upon sending an email to a...

30 October 2019

From: Breaking News

Agents warn of market stagnation until Election and Brexit fog clears

Agents have interpreted the latest house price figures as evidence that the market is in limbo waiting for the Brexit -...

30 October 2019

From: Breaking News

Fangs for all your Halloween pictures…a bumper bundle today…

Thanks a lot - or should that be fangs so much? - for sending in photographs of your brilliantly decorated offices...

30 October 2019

From: Breaking News

House Raffle Snaffled: advertising was misleading, says watchdog

The Advertising Standards Authority has clamped down on misleading claims made by the organisers of a property raffle. The controversy surrounds an...

30 October 2019

From: Breaking News

New online agency says it will be the first to make a profit

A small online agency which in six months of trading has secured around 140 sales says it’s on course to be...

29 October 2019

From: Breaking News

Agency’s £40k bill after allowing staff to value home they wished to buy

An estate agency will pay out over £40,000 after being found to have misled customers and allowing one of its own...

29 October 2019

From: Breaking News

Another agency backs Reservation Agreements to cut fall-throughs

Another estate agency has come out in favour of reservation agreements. High-end agency Chestertons says transactions currently fall through too frequently and the...

29 October 2019

From: Breaking News

Frightful! Hooded agent gives passers-by the shock of their lives…

We’ve had a particularly scary entry for our Halloween videos and photographs - and our sympathy goes out to the innocent...

29 October 2019

From: Breaking News

Top Tory says scrap stamp duty on most homes, slash it on others

A former 10 Downing Street adviser says stamp duty on house sales should be scrapped or at least slashed in order...

29 October 2019

From: Breaking News

Countrywide warns sellers: septic tanks are a ticking timebomb

Countrywide’s upmarket brand Hamptons International is urging all owners of homes with septic tanks to prepare for new regulations that kick...

29 October 2019

From: Breaking News

Online agency to sell mortgages, insurance and illness cover

Troubled online agency Yopa has launched an in-house subsidiary to sell mortgages and other financial services - and not just to Yopa...

28 October 2019

From: Breaking News

3% commission charged by some High Street agents - claim

A new league table of High Street agents’ charges published over the weekend reveals the locations where agents charge an average...

28 October 2019

From: Breaking News

Ex-Countrywide and Rightmove chief invests in PropTech

The founder of Rightmove and former Countrywide chief executive Harry Hill is one of a number of investors behind a new...

28 October 2019

From: Breaking News

Surge in high-end deals in recent years, despite wider market woe

The number of prime residential housing transactions has increased rapidly in the past two decades and even in the past five...

28 October 2019

From: Breaking News

Property Jobs Today - your Monday fix of who’s moving where

Hello and welcome to a new week - one with darker evenings and colder days. But there is still plenty of activity...

28 October 2019

From: Breaking News

Halloween - and look what this agent has done with her pumpkins...

A few days to go before Halloween and it’s great to see agents getting into the swing of the event. Today’s shout...

28 October 2019

From: Breaking News

Agent accuses “unjust” OnTheMarket of charging for branch that shut

OnTheMarket is being accused by an agent of charging a monthly fee for a branch it knows to be shut. Ian King...

25 October 2019

From: Breaking News

Major foreign estate agency poised to re-enter UK market

One of the most high profile estate agencies in the Republic of Ireland says it may re-enter the UK market after...

25 October 2019

From: Breaking News

Fangtastic pictures of Halloween agents' offices

Thanks so much for the first pictures that you have sent of your fiendishly decorated offices for Halloween. It’s less than a...

25 October 2019

From: Breaking News

Market worries: mortgage lending falls to six-month low

The number of new mortgages approved by banks fell to a six-month low in September - but the annual figure shows...

25 October 2019

From: Breaking News

Agents Do Charity - especially with an hour’s extra sleep…

It’s that time again, with the clocks going back an hour to mark the start of slightly brighter mornings and significantly...

25 October 2019

From: Breaking News

Start touting! Agents told to knock on doors and steal their rivals' vendors

A controversial estate agent and former head of an online agency is urging agents to knock on the doors of vendors...

24 October 2019

From: Breaking News

Pioneer firm for self employed agents on the prowl for new recruits

One of the earliest British estate agencies to adopt the model of using self-employed or freelance agents operating under the same...

24 October 2019

From: Breaking News

Bad news for Boris: a 9% slump in new homes registered

New figures released this morning by the National House Building Council show the number of new homes registered to be built...

24 October 2019

From: Breaking News

15% of estate agency sector workers feel unsafe at work - apparently

A survey suggests that 15 per cent of people who work in the real estate sector feel unsafe at work. This figure...

24 October 2019

From: Breaking News

Mwahahahahaha .... Let’s see your Halloween offices!

It’s only a week to the Big Day when gore-splattered figures wreak havoc on an unsuspecting industry and nation. But enough about...

24 October 2019

From: Breaking News

Reservation Agreements: Agency asks buyers for £5,000 - and it works

A London agency has told Estate Agent Today that it makes some of its buyers pay upwards of £5,000 in Reservation...

23 October 2019

From: Breaking News

Social media coup as agency launches its own YouTube TV show

London agency Benjamin Stevens has made a lifestyle-focused viral ‘TV show’ for YouTube viewers. The agency has called it North London TV...

23 October 2019

From: Breaking News

PropTech Today: The government and its attitude towards PropTech

It was in this very column, back in July, when I wrote about how the British government was starting to take...

23 October 2019

From: Breaking News

Be tech-savvy and attentive to woo young buyers, agents advised

Young homebuyers want tech-savvy, astute and attentive estate agents who are able to handle their complex requirements via a range of...

23 October 2019

From: Breaking News

New London branch for growing agency franchise group

Hunters has announced a new branch being opened in Ickenham, part of Hillingdon in north London.  It’s to be the third branch...

23 October 2019

From: Breaking News

Autumn bounce for property transactions according to new figures

There’s been an encouraging increase in property transaction volumes according to new figures from HM Revenue & Customs. The total number of...

23 October 2019

From: Breaking News

Rightmove ‘abusing’ agents and should be legally challenged - top consultant

One of the industry’s leading consultants says Rightmove is in a form of abusive relationship with agents, who should consider legal...

22 October 2019

From: Breaking News

Agency allows clients to track precise whereabouts of agents

An estate agency says it has produced technology allowing clients to track the precise whereabouts of their estate agent when he...

22 October 2019

From: Breaking News

Brexit turmoil hits Knight Frank’s profits and turnover

Knight Frank - which a year ago loudly announced a 14 per cent profits leap - has now reported an 11...

22 October 2019

From: Breaking News

Leading agent backs reservation agreements ahead of pilot project

One of the country’s most prominent estate agents has given renewed backing to a pilot project on reservation agreements, being tested...

22 October 2019

From: Breaking News

Family-run agency announces first of four new London branches

Independent family-run agency Kalmars, which currently has just one office in the capital, has revealed the first of four new branches...

22 October 2019

From: Breaking News

Housing minister declares “digital revolution” for land and CPOs

Housing minister Esther McVey says Compulsory Purchase Orders and brownfield land registers are to be made digitally transparent.  This will allow CPO...

22 October 2019

From: Breaking News

Huge shake-up of sellers’ information being considered

First details have emerged of the information vendors may have to provide up-front In future transactions if government house buying reforms...

21 October 2019

From: Breaking News

Reservation Agreements: more details emerge of New Year trial

The Ministry of Housing, Communities and Local Government has given more details of the trial of reservation agreements likely to take...

21 October 2019

From: Breaking News

Thousands of potential sellers are holding back, claims Rightmove

The latest Rightmove asking price index indicates a smaller than usual autumn bounce - that’s a sign, the portal says, of...

21 October 2019

From: Breaking News

Purplebricks predicts hybrid agencies to take 30% market share

The chief executive of Purplebricks UK says the struggling hybrid agency is definitely not for sale, despite recent sales of stakes...

21 October 2019

From: Breaking News

Property Jobs Today - the latest jobs move across the industry

Hello, welcome to another Monday and the latest PJT. As ever, a brief reminder to please let us know your appointments new...

21 October 2019

From: Breaking News

Zoopla locks horns with OnTheMarket for new homes listings

Zoopla has unveiled new functionality that it claims will make searching for new homes easier for consumers - and resumes the...

21 October 2019

From: Breaking News

Big rise in London sellers slashing asking prices, admits agency

A London estate agency chain says It’s seen a 59 per cent surge in the number of its clients who have...

21 October 2019

From: Breaking News

EXCLUSIVE: New national agency recruitment ‘ahead of expectations’

A new national agency concept - eXp UK - has told Estate Agent Today that its recruitment schedule is running “well...

18 October 2019

From: Breaking News

Purplebricks in Canada - is it the agency’s secret success story?

Controversy and Purplebricks have gone hand in hand since the agency was first launched in 2012, through its float on the...

18 October 2019

From: Breaking News

Agency faced with £10,000 bill after vandal spray-paints the office

The police are looking for witnesses or anyone who can help identify the burglars accused of an extensive spray-paint attack on...

18 October 2019

From: Breaking News

More regional housing markets ‘heading for price corrections’

The latest housing market snapshot from the listings website Home suggests more regional markets are heading for price corrections. Home says that...

18 October 2019

From: Breaking News

Agents Do Charity - and it’s a deal at last, isn’t it?

As the country nears a Brexit deal (maybe… perhaps… possibly) there’s time to reflect on a quite contrasting process - the no-nonsense...

18 October 2019

From: Breaking News

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