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Summer market momentum slows as property supply dipped in June

The summer market momentum building thanks to warmer weather and reduced Brexit uncertainty took a hit in June, according to new...

05 July 2019

From: Breaking News

Agents Do Charity - from the top of the world

Friday is Agents Do Charity day and as the country enjoys the delights of Wimbledon and rues the Lionesses' departure from...

05 July 2019

From: Breaking News

Hybrid sector could reach 20-30% market share, says Purplebricks CEO

The new chief executive of Purplebricks believes hybrid agents could win '20-30% market share' in the UK. Vic Darvey, who replaced Michael...

04 July 2019

From: Breaking News

Moving with the times? Average owner moves home every 21 years

The average British homeowner stays in their property for 20.8 years, according to new research by Zoopla. The property portal analysed the...

04 July 2019

From: Breaking News

Police confirm new excavation is part of Suzy Lamplugh investigation

The Metropolitan Police have confirmed that an excavation that took place yesterday was part of its ongoing investigation into the disappearance...

04 July 2019

From: Breaking News

Have you been a victim of property 'ghosting' recently?

It’s likely that your agency or one of your clients has recently fallen foul of an old-fashioned trend which has been...

04 July 2019

From: Breaking News

From North Somerset to Mauritius - two new branches for Fine & Country

Fine & Country, the international network of prime estate agencies, has this week announced the opening of two new offices. The first...

04 July 2019

From: Breaking News

Purplebricks posts £52m loss, 55% revenue rise and confirms US withdrawal

Purplebricks has revealed its annual results for the year ending April 30 2019.  The hybrid agency has posted an operating loss of...

03 July 2019

From: Breaking News

Past its sell by date? Three-year-old property listing banned by ASA

The Advertising Standards Authority (ASA) has upheld a complaint made against a listing on property website Houser.co.uk. In January, the complainant notified...

03 July 2019

From: Breaking News

PropTech Today: Startup should inspire agents to become community pillars

This week, I want to take a look at the Israeli startup, Venn, an urban revitalisation firm which has recently received...

03 July 2019

From: Breaking News

Achieving asking price and selling quickly are top criteria for vendors

A survey of property sellers has revealed that 'achieving the asking price' (43%) and 'selling properties quickly' (35%) are the most...

03 July 2019

From: Breaking News

High street agency to offer fixed fee hybrid service through online network

love2move, the online network which allows high street agents to offer a white-labelled hybrid service, has announced its latest partner. Peter David...

03 July 2019

From: Breaking News

Emoov collapse: angry sellers threaten legal action

Estate Agent Today has been contacted by an individual who says he is one of three former Emoov customers intending to...

02 July 2019

From: Breaking News

Agency bought out of administration with PropTech goal

Petty Estate Agents has acquired the real estate division of Cheshire-based Wright Marshall out of administration. The deal safeguards the company after...

02 July 2019

From: Breaking News

When selling doesn’t actually mean ‘selling’ - website warns vendors

The head of a website that contrasts the performances of rival estate agents is urging buyers to ‘drill down’ and find...

02 July 2019

From: Breaking News

Government blasted over ‘scandalous’ leasehold reform proposals

A leasehold reform campaigner says government proposals risk creating a two-tier market and do nothing to assist leaseholders already hit by...

02 July 2019

From: Breaking News

Yet another house raffle competition bites the dust

Another house price raffle has closed amid rancour, and with cash prizes being awarded instead of the property originally promoted. The latest...

02 July 2019

From: Breaking News

Market Share: High Street estate agents crush online firms

New figures released show High Street estate agents taking an increasingly large market share as online operators continue to crumble. According to the...

01 July 2019

From: Breaking News

Property Jobs Today - the latest industry movers and shakers…

Hello and welcome to both this week’s PJT and welcome to July. It may be summer and Wimbledon time, but there’s no...

01 July 2019

From: Breaking News

Tragedy as estate agent dies aged just 28

An estate agent in the west country has died, aged just 28. Adam Reed worked for the Smart Estate Agent, a fixed-fee...

01 July 2019

From: Breaking News

Revealed - the worst location in the country for gazumping

Gazumping is alive and well in much of the country, despite the slowdown in the property market, according to new research...

01 July 2019

From: Breaking News

 Latest housing market problem - sales of £1m-plus homes stall

It’s unlikely to bring out the violins but the number of properties sold for £1m or more in Britain rose only...

01 July 2019

From: Breaking News

Purplebricks ex-CEO defends record on sales progression and LPEs

Purplebricks’ former chief executive Lee Wainwright has made a stout defence of the controversial agency’s sales progression process and its local...

28 June 2019

From: Breaking News

Purplebricks founder Kenny Bruce pledges: “I’ll be back - and soon”

Purplebricks’ founder Kenny Bruce has promised that his departure from the firm does not mean he won’t be heard of again. Kenny - whose brother...

28 June 2019

From: Breaking News

Labour would crash housing market warns senior industry figure

The latest report commissioned by the Labour party to resolve the UK’s housing problems would crash the housing market rather than...

28 June 2019

From: Breaking News

Zoopla enhances app to include premium listings service

Zoopla has announced an improved app which “enhances the house-hunting journey with a fresh design, improved navigation and an intuitive interface” -...

28 June 2019

From: Breaking News

Agents Do Charity - and we're striking the right chord...

Hello there - if it’s Friday it’s Agents Do Charity, and as we prepare for a hot weekend for Glastonbury revellers...

28 June 2019

From: Breaking News

Purplebricks claims huge success on sales, prices and time on market

Purplebricks has released figures which appear to show it is one of the most successful agencies - or perhaps THE most...

27 June 2019

From: Breaking News

Online agency to sell all homes for free: is this the future or a stunt?

Online agency Housesimple has become the first in the UK to sell houses for free. It says that based on the average...

27 June 2019

From: Breaking News

Phil Spencer endorses reservation agreements and digital legal packs

Phil Spencer and his advice website IQ have endorsed the concept of legally binding reservation agreements and digital legal packs through...

27 June 2019

From: Breaking News

130 jobs at risk as agency and auction firm appoints administrators

It’s been reported that a Cheshire estate agent and auction house has gone into administration putting 130 jobs at risk. Around 40...

27 June 2019

From: Breaking News

Online auction method adopted by historic estate agency

A 176 year old agency is claiming success with its first online auction lot selling for over twice the guide price. It...

27 June 2019

From: Breaking News

Agents warned over 50% of leads at risk because of slow responses

A PropTech firm which claims its products offer “industry-leading” response times says agents lose a majority of their leads due to slow...

27 June 2019

From: Breaking News

Hope for first time buyers as affordability improves in UK's big cities

The income required for first time buyers to purchase in the three most expensive UK cities has fallen slightly according to...

27 June 2019

From: Breaking News

Cash buyers pull out of property as Brexit worries bite

The number of cash buyers in London has recently plummeted by very nearly a fifth - and every other part of...

26 June 2019

From: Breaking News

Supply rises at last but over 80% of homes sell below asking price

New figures from the National Association of Estate Agents suggest that supply is at last creeping back up to seasonal norms...

26 June 2019

From: Breaking News

PropTech Today: Six property management firms worth knowing about

I want to take the time this week to look at an area of PropTech and real estate which is seeing...

26 June 2019

From: Breaking News

Agents get nine months free use of PropTech tool in latest FIA deal

The Federation of Independent Agents has agreed another new partnership with an industry supplier. The arrangement will allow FIA agent members nine...

26 June 2019

From: Breaking News

Watchdog upholds complaints and finds new problem with house raffle

A company which promotes property raffles have been told that it cannot repeat certain elements of its advertisements on Facebook and...

26 June 2019

From: Breaking News

Purplebricks ex-CEO hits out at untrue claim that agency sold only 50%

The former chief executive of Purplebricks UK says the agency completes on over 80 per cent of the homes it lists...

25 June 2019

From: Breaking News

Free-to-list portal now has over 740 UK agents on board

The free-to-list property portal Residential People says it now has over 740 independent agents in the UK on board - and...

25 June 2019

From: Breaking News

Transactions tumble but glimmer of hope in prime London market

London Central Portfolio, a respected property consultancy that has been pessimistic about the market in prime areas of the capital, says...

25 June 2019

From: Breaking News

Good use of our energy? 20 millionth EPC to be issued this summer

A national newspaper claims that the 20 millionth domestic EPC in the UK is set to be issued in the next...

25 June 2019

From: Breaking News

Don’t tell Boris Johnson, but neighbours matter to many house buyers

A timely new survey suggests that 75 per cent of buyers give at least some consideration to what their potential neighbours...

25 June 2019

From: Breaking News

In Praise of Purplebricks: a senior estate agent speaks out

A former Territory Owner at Purplebricks, who at one time managed 11 Local Property Experts, has spoken out in support of...

24 June 2019

From: Breaking News

Transactions plummet - agents' fingers crossed for rest of 2019

The number of residential property transactions in May was a thumping 11.3 per cent lower than the same month last year,...

24 June 2019

From: Breaking News

Housing minister in racism row apologises for “inappropriate” words

The minister at the centre of reforms to the estate and lettings industry sector has apologised for what she calls “inappropriate...

24 June 2019

From: Breaking News

Property Jobs Today - all the industry movers and shakers…

The weekend is over all-too-quickly but at least if it’s Monday, it’s Property Jobs Today - your weekly catch up with...

24 June 2019

From: Breaking News

Estate agent racially abused police officer and bouncer at club

An estate agent has been fined after racially abusing a police officer in an incident outside a nightclub. Sarah Loasby, from Kettering,...

24 June 2019

From: Breaking News

Brexit Blues: “sharp correction” likely post-deal, agent warns

Homes in central parts of London sold for a typical 11.5 per cent below asking price in the first three months...

21 June 2019

From: Breaking News

Over 150 agents link with 'Modern Method' online auction firm

An online auction service which only came into existence in September last year claims to have 150 partner estate agents already,...

21 June 2019

From: Breaking News

Purplebricks hires PR firm that aims to fuel fandom

Purplebricks has hired the Weber Shandwick PR firm to handle much of its non-investment related public relations. Weber Shandwick has its global...

21 June 2019

From: Breaking News

£23m Prime Central London property to be sold via Blockchain

A property in London’s Mayfair has a price tag of £23m and is being sold via a system allowing interested parties...

21 June 2019

From: Breaking News

Agents Do Charity - more wonderful work by our industry

If it’s Friday it’s Agents Do Charity day - and we’ve got another bundle of good work for you this week,...

21 June 2019

From: Breaking News

Purplebricks for the high jump as it sponsors Olympics Team GB

Purplebricks is the “Official Estate Agent Of Team GB” for the build-up to and completion of next summer’s Olympics in Tokyo. It is going...

20 June 2019

From: Breaking News

Rightmove warned that it must innovate to survive

An interesting analysis of Rightmove’s performance on the stock market has led to questions about the long-term profitability and viability of...

20 June 2019

From: Breaking News

Hybrid agency boss applied for top job “to protect business model”

The head of EweMove, the hybrid agency operated by The Property Franchise Group, says he applied for the top job in...

20 June 2019

From: Breaking News

“Too many sellers think prices will rise post-Brexit” warns senior agent

Too many sellers are wedded to the idea that prices will rise after a Brexit deal is resolved, says one of the...

20 June 2019

From: Breaking News

In it to win it: Nominations open for Propertymark Qualifications Awards

Nomination for the Propertymark Qualifications Awards 2019 are now open - and they present a chance to celebrate colleagues or employers...

20 June 2019

From: Breaking News

Purplebricks workforce turns on agency with string of damning reviews

A series of damning reviews about Purplebricks’ working environment, apparently written by existing and former staff, have appeared online. Indeed is a...

19 June 2019

From: Breaking News

PropTech Today: Facebook's own currency to drive rental transactions

Facebook is set to enter the cryptocurrency business with the big reveal of its formal plans scheduled for some point this...

19 June 2019

From: Breaking News

Revealed: youngest-ever female president for NAEA Propertymark

ARLA and NAEA Propertymark have announced their top teams for the year ahead - and on the estate agency side, the...

19 June 2019

From: Breaking News

Family home for £1m in London? You'll be lucky, says OnTheMarket

Research from OnTheMarket shows that 40 per cent of London homes costing around £1m have only two bedrooms or fewer. And only...

19 June 2019

From: Breaking News

LSL claims new-build sales success in fast-growing market

LSL Property Services’ Land & New Homes division says it’s set a record by selling 50 per cent of the units...

19 June 2019

From: Breaking News

OnTheMarket says rivals may interfere with its bid to get agents to pay

OnTheMarket chief executive Ian Springett says rival portals may want to “interfere” with his aim of converting agency members from free...

18 June 2019

From: Breaking News

Southern England facing a year of selective price falls - Zoopla

Over a third of homes across Southern England are at risk of suffering price falls as the housing market slowdown extends...

18 June 2019

From: Breaking News

 Up-front referral fee services promoted by new PropTech partnership

Conveyancing platform The Moving Hub and Acquaint CRM have announced a strategic partnership. New and existing users of Acquaint CRM will have...

18 June 2019

From: Breaking News

Brexit's Trump card: Sterling slump means rich US buyers flock to London

A high-end estate agency is reporting a dramatic rise in the number of US buyers in London as they have taken...

18 June 2019

From: Breaking News

Seaside agencies merge to create single four-branch operation

West Sussex estate agency Robert Luff and Co has merged with the long established company Sawyers Estate Agents. This creates a new...

18 June 2019

From: Breaking News

Could Purplebricks go bust? Apparently not, says analyst

An analyst on shares website Motley Fool says Purplebricks is not only in surprisingly strong financial health, but is actually outperforming...

17 June 2019

From: Breaking News

Supply and sales fall as London and the south drag down market

The latest asking prices data from Rightmove suggests that the national housing market is being dragged down by poor performance in...

17 June 2019

From: Breaking News

Property Jobs Today - key moves in and about our industry

Hello and welcome to the latest edition of Property Jobs Today - the Monday slot where you can catch up with...

17 June 2019

From: Breaking News

One in 10 Britons has a second home, buy to let or overseas property

Some 10 per cent of Britons now own a second home, a buy to let or an overseas property according to...

17 June 2019

From: Breaking News

Want to sell more homes more quickly? Then close the office early...

A survey suggests there’s no firm correlation between a traditional agency’s opening hours and its performance in selling property - and...

17 June 2019

From: Breaking News

Agents shouldn’t just sell - they must be Residential Property Experts

High Street estate agents should re-define themselves in today’s competitive market by becoming Residential Property Experts offering a wide range of...

14 June 2019

From: Breaking News

Online agency business wins new High Street customer

A firm that offers a white-labelled online agency platform to traditional High Street agents has signed up a new customer. love2move was...

14 June 2019

From: Breaking News

Zoopla founder reveals what made his portal different - and why it’s purple

The founder of Zoopla has explained how the portal got its name and branding, and the philosophy behind it when it...

14 June 2019

From: Breaking News

‘Slowest June since 2013’ as homes linger longer on the market

It's becoming increasingly difficult to sell a property, especially in those regions undergoing a price correction. That’s the verdict from Home, a...

14 June 2019

From: Breaking News

Agents Do Charity - and ignore the wet weekend...

Sorry about the weather everyone…miserable isn’t it, and the summer is supposed to be well underway? But we’re not allowing our fund-raising...

14 June 2019

From: Breaking News

Four agencies acted illegally in fee price cartel, says watchdog

The Competition and Markets Authority has provisionally found that four agencies broke competition law by taking part in a price fixing...

13 June 2019

From: Breaking News

OnTheMarket converts just 1,000 branches from free to paid deals

Figures released from OnTheMarket this morning suggest that its conversion programme for agents shifting from free deals to paid membership is...

13 June 2019

From: Breaking News

Tricks of the trade: buying agent reveals tips for purchasers using portals

A buying agent has revealed how she advises potential clients to use portals when looking for a property to buy -...

13 June 2019

From: Breaking News

Damning report says Help To Buy helped many who didn’t need it at all

The National Audit Office says many users of Help To Buy would have been able to purchase a home anyway, without...

13 June 2019

From: Breaking News

Brexit-related uncertainty leads to big slump in high-end London sales

Knight Frank says Brexit-related uncertainty has curbed trading activity across all UK residential markets over the last 12 months - and...

13 June 2019

From: Breaking News

Almost a million home sales lost to Brexit, new survey claims

New research by comparison website GoCompare suggests almost a million house sales have been lost because of Brexit.  The study claims that...

13 June 2019

From: Breaking News

Countrywide redundancies: dozens of sales progression staff may go

Countrywide is declining to comment on speculation that it is making 36 of its sales progression staff redundant. Estate Agent Today, which...

12 June 2019

From: Breaking News

Zoopla takes swipe at OnTheMarket's ‘New & Exclusive’ offer

Zoopla has taken a swipe at OnTheMarket by conducting a poll of sellers’ views about having properties listed exclusively on just...

12 June 2019

From: Breaking News

PropTech Today: now is the time to understand blockchain

It’s London Tech Week, everybody! The sprawling city-wide event taking in dozens of conferences, events, workshops, panel debates and so on,...

12 June 2019

From: Breaking News

Unexpired Lease Timebomb: new worries over sale fall-throughs

A conveyancing body is calling on mortgage lenders to standardise their policies in respect of unexpired lease terms in order to...

12 June 2019

From: Breaking News

ValPal Network’s new conveyancing deal ‘can help offset fees ban impact’

Instant online valuation service The ValPal Network has revealed a conveyancing partner which it says will help agents boost referral fees.  The...

12 June 2019

From: Breaking News

Agency amends Help To Buy press ad after complaint to watchdog

South west regional agency Luscombe Maye has amended an advertisement for a new housing development following a complaint to a watchdog. A...

12 June 2019

From: Breaking News

Sellers are back with a vengeance, according to online agency

Sellers are back with a vengeance according to figures from online agency HouseSimple.  It claims the Brexit date extension has given sellers...

12 June 2019

From: Breaking News

CMA launches investigation into sale of leasehold properties

The Competition and Markets Authority has formally launched an investigation into the sale of leasehold properties - including possible mis-selling. This follows...

11 June 2019

From: Breaking News

PropTech firm offers agents ‘most important service since dawn of internet’

PropTech start-up BestAgent is to stage a day-long event for suppliers to the agency industry later this month. This follows BestAgent founder...

11 June 2019

From: Breaking News

Sentiment Soars: 80% of homeowners expect prices to rise this year

Over 80 per cent of home owners say they expect house prices to rise in their area before the end of...

11 June 2019

From: Breaking News

Surveyors' bid to improve floorplan accuracy doesn’t measure up - claim

A PropTech firm has repeated claims it first made in March about allegedly inaccurate floorpan measurement and says a new initiative...

11 June 2019

From: Breaking News

Summer price surge set to compensate for early 2019 falls

An analysis of transactions agreed this spring suggests there will be a surge in prices which will ultimately be reflected later...

11 June 2019

From: Breaking News

Independent agency joins high-end network for ‘tailored marketing’

Fine & Country has a new office in Hampshire as a result of an independent which has joined its network. Hampshirewide is...

11 June 2019

From: Breaking News

Purplebricks problems persist as Woodford sell-off continues

There seems no end in sight for the share turmoil going on at Purplebricks, with several new developments on Friday before...

10 June 2019

From: Breaking News

Do online agents expect conveyancers to do their work for them?

A member of a legal information and networking organisation says an online estate agency expects him to do some work in...

10 June 2019

From: Breaking News

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