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KEYWORD "Losses" - 100 RESULTS
Slow conveyancing and mortgage deals allow gazumping - survey claim

Homebuyers are being gazumped due to lengthy property chains and delays in securing a mortgage, it’s been claimed. Research from Market Financial...

13 June 2024

From: Breaking News

PRS crying out for fiscal reform, says LRG

In the second of their Election Wishlist series, Leaders Romans Group turn the spotlight on the Private Rented Sector (PRS). Here, National...

08 June 2024

From: Features

General Election 2024: Labour unveils Freedom to Buy scheme

Housing has finally made it onto the General Election campaign, albeit with a familiar policy. Labour has unveiled plans for a Freedom...

07 June 2024

From: Breaking News

Key actions conveyancers must take to protect against fraud risk

Fraud poses a significant challenge for residential conveyancers, with criminals often attempting to exploit the transaction process for money laundering purposes. The...

13 April 2024

From: Features

Common Pitfalls: Avoiding Fines in UK Property Transactions

As you begin the process of property transactions in the UK, it's important to understand potential pitfalls that may result in...

16 March 2024

From: Features

LSL agency franchisees benefiting from ‘reduced volatility’

LSL has hailed the benefits of switching to a franchise model for its estate agency brand. A trading update from the company...

07 March 2024

From: Breaking News

Yopa accounts shed light on restructure

Yopa’s latest accounts for 2022 have revealed a “material uncertainty” that the business could continue ahead of a restructure in 2023. The...

12 February 2024

From: Breaking News

Rising fraud in the lettings industry: why we need faster and more accurate referencing solutions

Fraud in the lettings industry is reaching unprecedented heights. Now, more than ever, there is a need for a revolution in...

09 December 2023

From: Features

Understanding professional indemnity claims in letting agent services

Why professional indemnity claims are on the rise In today's volatile economic landscape, the uncertainty faced by landlords and tenants has reached...

01 November 2023

From: Features

Party leaders quiet on PRS at conferences

Housing supply rather than the private rented sector (PRS) made the headlines during the Conservative and Labour Party conferences this year...

14 October 2023

From: Features

New warnings issued over student property fraud

The National Association of Property Buyers (NAPB) and Gumtree have teamed up to help fightback against fraudsters, particularly when it comes...

31 August 2023

From: Breaking News

Agency salaries revealed! Are you paid enough?

A new report highlights levels of agency pay across the property sector. The figures, from Rayner Personnel’s latest Property Sector Salary Report,...

07 August 2023

From: Breaking News

Auctioneer: Don’t put unsuitable homes under the hammer

Agents and sellers are being warned against putting unsuitable properties up for auction. Stuart Collar- Brown, chief executive of online auctioneer platform...

24 July 2023

From: Breaking News

Zoopla: House prices aren’t dropping everywhere 

More than a third of homes have declined in value over the past six months, Zoopla data shows. It comes despite the...

06 July 2023

From: Breaking News

Jonathan Rolande: The market has coped with darker clouds

The past seven days have seen a string of stories across the media relating to the property sector.  Reports have revealed how...

09 June 2023

From: Breaking News

It's time to turn fear of change into fuel for material information success

Upfront material information is now firmly on the property industry’s radar, with Trading Standards CPR regulations expected to move towards disclosing...

03 May 2023

From: Features

Strike falls deeper into the red as it eyes Purplebricks

Strike has fallen further into the red, its latest annual accounts show. The online agent’s financial statement for the 12 months to...

24 April 2023

From: Breaking News

Why material information does and should matter to you

According to the recent industry research report ‘Back to the Future’ from tmgroup, mio and CDS 40% of property transaction delays...

01 April 2023

From: Features

Major lender warns of 25% house price drop in ‘downside scenario’

House prices could drop by almost 25% ‘start-to-trough’ or by as much as 40% in severe circumstances, Lloyds Banking Group has...

23 February 2023

From: Breaking News

Purplebricks share price plummets as former agent makes £1 takeover offer

Purplebricks’ share price has continued falling after it informed the markets that it is up for sale last week. The beleaguered agency’s...

21 February 2023

From: Breaking News

2023 - this is what’s going to happen

Is it really just a year ago that we were nervously wondering whether yet another Christmas would be Covid-affected? Little did we...

10 December 2022

From: Features

Homeowners may face 2008-style mortgage strain - warning

The share of homeowners struggling to repay their mortgages could hit the same peak levels of the 2008 financial crisis by...

13 October 2022

From: Breaking News

Getting Britain moving? Truss needs to do much more to reassure property market

As I watched Liz Truss take to the stage at this week’s Conservative Party conference, my eyes were drawn to the sign behind her. “Getting Britain...

08 October 2022

From: Features

Blame game starts as local Keller Williams UK Market Centre shuts

Keller Williams’ (KW) Warwick Market Centre has closed, prompting a blame game between its former owners and the franchise brand. KW Warwick has...

01 September 2022

From: Breaking News

 Agents ‘wrongly’ rely on hard copy AML checks

Agents are ‘wrongly’ relying on hard copies of identity documents to verify people’s identities in anti-money laundering (AML) checks, new research...

31 August 2022

From: Breaking News

Homeday - Purplebricks quietly writes off German expansion

Hidden amongst the annual results released by Purplebricks on Tuesday – which saw revenue and profits down, as well as a...

04 August 2022

From: Breaking News

Opinion - there is hope for a better conveyancer-agent relationship

The relationship between estate agents and conveyancers is undoubtedly a complex one and has certainly had ‘its moments’ over the years,...

30 July 2022

From: Features

Purplebricks delays publication of annual accounts

Purplebricks has pushed back the publication of its annual accounts. The online agent’s full year results were due to be published on...

29 June 2022

From: Breaking News

Estate agents down £119m a year from missed calls

Estate agents could be losing thousands of pounds a year to missed calls. Communications platform YourBusinessNumber analysed data on the typical number of...

09 June 2022

From: Breaking News

Tony Blair-backed thinktank proposes mortgage market reforms

The government is being urged to expand and make the Treasury’s mortgage guarantee scheme permanent and compulsory on home loans above...

30 May 2022

From: Breaking News

Purplebricks reveals drop in new instructions

Purplebricks has revealed a drop in instructions so far this year. The online agency brand issued a trading update this morning for...

25 May 2022

From: Breaking News

Lack of home buying support blamed for Tory local election losses

A lack of support to help people onto the property ladder has been highlighted as one factor for the Tory party’s...

09 May 2022

From: Breaking News

Q&A - how can agents and conveyancers work better together?

In this Q&A, I catch up with Jesper With-Fogstrup, chief executive officer of Smoove (formerly ULS Technology until a very recent...

23 April 2022

From: Features

Rental reform - why it'll make inventories more important than ever 

In this weekend feature, inventory expert and chair of the AIIC, Daniel Evans, sets out why rental reform changes will make...

02 April 2022

From: Features

How to prepare for lettings in 2022 and beyond using PropTech

In this guest feature, James Dilgul, Head of Marketing at Fixflo, the market-leading repairs and maintenance management software provider, looks at how...

22 January 2022

From: Features

Mortgage trends and interest rates - what could happen in 2022?

As 2021 draws to a swift close, there is much speculation about what 2022 will have to offer. Despite the emergence of...

18 December 2021

From: Features

Agency’s new hub integrates three previously-separate offices

Hertfordshire agency Sewell & Gardner has cut the ribbon on a refurbished and extended office, which will incorporate two previously-separate branches...

15 December 2021

From: Breaking News

Yopa secures yet more investment as it reveals ‘reduced losses’

The investment arms of Savills and the Daily Mail General Trust have pumped more cash into online agency Yopa which has...

01 December 2021

From: Breaking News

Forget Help To Buy Equity Loan - welcome to Deposit Unlock

A housebuilding-led mortgage indemnity scheme called Deposit Unlock has now been launched nationally with 17 major developers taking part. Nationwide is the...

26 November 2021

From: Breaking News

Cyber-Attack: Agents must learn from Simplify IT catastrophe

Agents must have a robust plan in place in case they are subjected to a ransomware cyber attack, says the Guild...

23 November 2021

From: Breaking News

Purplebricks share price now under 7% of its all-time high

A torrid period for Purplebricks' share value means it opens stock market trading today with a price of just 33p.  This is less...

08 November 2021

From: Breaking News

Revealed – what is the state of the rental market today?

In the UK, 3.5 million households — which is over one-third of UK households — are either privately or socially rented,...

27 October 2021

From: Features

Call My Agent! Celebrities find it’s not so easy to sell and buy homes…

One of the biggest TV hits of lockdown has been the Netflix show Call My Agent! It’s a surprise success, perhaps, because...

06 March 2021

From: Features

It’s time to stamp on stamp duty speculation

You can always tell when Budget day is approaching. There’s lots of comment from every imaginable quarter about what the Chancellor of...

13 February 2021

From: Features

Stamp Duty may not be so bad after all, argues leading analyst

A housing market analyst says stamp duty, for all its unpopularity within the property industry, may not be so bad after...

08 February 2021

From: Breaking News

It's A Deal! Hunters set to be taken over but job losses likely

It now looks likely that Hunters will be taken over by The Property Franchise Group after several months of talks, subject...

28 January 2021

From: Breaking News

2021 preview – what do letting agencies need to prepare for?

As we approach the end of the year, there is no doubt that it has been a turbulent 12 months for...

02 January 2021

From: Features

Top online agency reveals £17.8m loss - can online ever be profitable?

A £17.8m pre-tax loss has been reported by Yopa in its latest financial statement filed at Companies House. Figures lodged just before...

29 December 2020

From: Breaking News

Could down valuations lead to professional negligence claims?

Down valuations could leave some surveyors liable to professional negligence claims, a law firm says. Nelsons law firm says down valuations have...

15 December 2020

From: Breaking News

Top 10 things to consider before picking rental payment PropTech

According to the annual Property Week PropTech survey, almost 48% of property businesses had tested new technology because of the COVID-19...

14 November 2020

From: Features

Conveyancing: these two things can facilitate superior handovers

The Stamp Duty Land Tax holiday has been a hot topic of conversation for many in the residential property industry –...

24 October 2020

From: Features

Electronic signatures are helping agents to weather the 2020 storm

2020 has definitely been a year of change. With little warning, the pandemic disrupted the day-to-day operations of almost every industry...

17 October 2020

From: Features

Industry Redundancies: Agents Together launches support programme

Agents Together, the wellbeing and mentorship service which came into existence earlier this year, is launching what it calls a Redundancy...

16 October 2020

From: Breaking News

Major regional agency unveils pioneering ‘super hub’ structure

One of the country’s major regional agencies has unveiled a ‘super hub’ structure which began life as a lockdown measure but...

29 September 2020

From: Breaking News

Brexit deal and vaccine vital for stable market - forecast

The first leading agency to make a 2021 forecast says the market should be stable next year - so long as...

28 September 2020

From: Breaking News

The PRS is broken - here’s how to fix it

The pandemic and the way the government has reacted to the private rental sector (PRS) has got me thinking about the...

19 September 2020

From: Features

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

A guide to commercial mortgages during the Covid-19 pandemic

With access to finance being such a hot topic at the moment, more and more estate agents are turning to commercial...

29 August 2020

From: Features

Purplebricks still too risky an investment, warns expert

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

10 August 2020

From: Breaking News

Redundancies at OnTheMarket ‘under consideration’ admits portal

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

03 August 2020

From: Breaking News

What next for Purplebricks after latest international sell-off?

Purplebricks’ sale of its Canadian operation for some £35m begs the question - where can it now recoup some of its losses...

16 July 2020

From: Breaking News

Big Rightmove losses predicted, but it's recovering fast - bank

The investment bank UBS says it’s forecasting that Rightmove revenues will be down £53m in the first half of this year. “The...

13 July 2020

From: Breaking News

Agency losing over 50 jobs says its brand is “very much alive”

The Andrew Grant regional estate agency brand is “very much alive” despite the firm which bore the name losing 54 jobs...

07 July 2020

From: Breaking News

Over 50 jobs lost as agency collapses into administration

Over 50 jobs have been lost as a result of a Midlands regional estate agency falling into administration. The Shropshire Star reports...

29 June 2020

From: Breaking News

Successful property newspaper collapses after revenge hack

A successful property newspaper has collapsed after one of its former directors turned computer hacker and deliberately deleted over 5,000 files...

19 June 2020

From: Breaking News

Conveyancing fraud warning issued by leading consumer group

Consumers are not as worried as they should be about conveyancing fraud, putting them at risk of losing life-changing sums of...

02 June 2020

From: Breaking News

Property Jobs Today - industry’s latest movers, shakers, appointments

Although the shake-out in the industry is ongoing - online agency Settled and established new-build agency Cushman & Wakefield have both...

01 June 2020

From: Breaking News

Property Natter - what happened when big lenders had their own estate agencies?

All my recent Natters have been focused on one particular topic, the coronavirus crisis, for obvious reasons. But there has been...

23 May 2020

From: Features

The stricter the lockdown ‘the faster housing market recovers’

An analysis of seven countries which underwent different forms of lockdown during the pandemic suggests the British and Italian housing markets...

21 May 2020

From: Breaking News

Three reasons why estate agency should be first out of lockdown

The coming week’s stories in the mainstream media - inevitably focused on Coronavirus - will be dominated by two things. Firstly there...

02 May 2020

From: Features

Lockdown Losses - three attempts to quantify cost of crisis to agents

Business consultancy TwentyCi is the latest to try to put a value on the potential losses to the property industry and...

29 April 2020

From: Breaking News

One agent’s fight for Business Interruption Insurance pay-out

Agents and in some cases their brokers continue to do battle with insurers in a bid to secure pay-outs on their...

27 April 2020

From: Breaking News

Buckle up - Wave of law cases possible if off-plan buyers pull out

There’s a warning today that the housing market could face a wave of legal disputes if buyers of off-plan new builds...

27 April 2020

From: Breaking News

Agents Beware: higher insurance premiums likely despite row over losses

The company at the centre of a controversy over estate agents’ business interruption insurance says its core package does NOT cover...

23 April 2020

From: Breaking News

Furloughing - should it include agents’ commission as well?

One of the biggest issues for agencies at the moment is furloughing - a safety net being offered by the government...

02 April 2020

From: Breaking News

Enough is enough – an alternative view on portal subscription fees

It’s time to draw a line in the sand and condemn our rival portals for their current charging structure. Little will...

28 March 2020

From: Features

More industry lay-offs: franchise HQ sheds 15 and warns more to come

The property franchise company Belvoir Lettings has laid off 15 workers from its Grantham headquarters - and warns there may be...

23 March 2020

From: Breaking News

LonRes at 20: the lightbulb moment behind one of the first PropTech firms

The lightbulb moment for LonRes was born out of sheer frustration. I’d just missed out on a deal and the postman...

14 March 2020

From: Features

Emergency interest rate cut may help housing market weather Coronavirus

The Bank of England has announced an emergency cut in the base interest rate to shore up the economy during the Coronavirus...

11 March 2020

From: Breaking News

460 jobs lost in 2019 Your Move/Reeds Rains branch closures

It’s been revealed that the branch closure programme by Your Move and Reeds Rains last year resulted in 460 lost jobs...

20 February 2020

From: Breaking News

Two-tier system can produce winners if landlords are prepared to move

After a challenging period for the UK property market, recovery is very much on the cards and the end to uncertainty...

01 February 2020

From: Features

Brexit challenges for agents and the property industry

Suddenly Brexit Day is nearly here. It may have taken three and a half years from the Referendum but the UK will,...

25 January 2020

From: Features

Happy New Decade … and a look back at three EAT stories from 2010

Here it is - the start of a new decade, a moment for resolutions and remembrance, and the last Bank Holiday...

31 December 2019

From: Breaking News

Purplebricks and Countrywide lead 2019 share price flops

For the stock market generally, 2019 has been a positive year - but a few high profile agencies and associated companies...

30 December 2019

From: Breaking News

New on the block - how interest in block management is evolving

It's been two years since the SDL Group launched its franchise block management business, SDL Property Partners, the first of its...

28 December 2019

From: Features

Be kind to your mind - talking anxiety in estate agency

Our mental health affects how we think, feel and act. It affects how we handle anxiety, relate to others and impacts...

18 December 2019

From: Features

Purplebricks to reveal trading details on General Election day

Purplebricks is to give its next trading update on General Election day, December 12, when it will tell shareholders the details...

19 November 2019

From: Breaking News

Is this how Reservation Agreements will work?

Reservation Agreements are the subject of the moment in the agency industry. The Ministry of Housing, Communities and Local Government is to...

09 November 2019

From: Features

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

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

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

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

OnTheMarket price slump despite startling claim about Rightmove

OnTheMarket is delivering agents “a higher marketing yield than Rightmove” according to an investment consultancy which works with OTM. Investors appear to...

14 October 2019

From: Breaking News

Not-So-Grand Designs: Kevin McCloud's investors face huge losses

The Guardian has revealed that small investors lured into putting money into TV property guru Kevin McCloud’s eco-friendly housing projects -...

27 August 2019

From: Breaking News

Countrywide veteran says he could float online agency on the stock market

The former Countrywide chief executive Grenville Turner says it is an option for online estate agency Yopa to go to an...

23 August 2019

From: Breaking News

Countrywide wins new deal with lenders to continue ‘turnaround plan’

In a trading statement this morning, Countrywide says it has “a new covenant package with lenders provides the financial flexibility to...

31 July 2019

From: Breaking News

What now for the agency industry as Boris Johnson takes over?

Our own industry’s upheaval over recent years has been no less dramatic than the turmoil at Westminster. The political earthquake has seen...

23 July 2019

From: Breaking News

OnTheMarket AGM today expected to hear latest conversion figures

Shareholders at today’s annual general meeting of OnTheMarket will hear the latest conversion figures showing how many agents on free or...

16 July 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

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

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