• Cedar House, Caen St, Braunton EX33 1AH

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Purplebricks in trouble? UK chief quits and warning about overseas expansion

Purplebricks has this morning warned investors its foreign activities are not going as well as predicted – although it insists it is still in good shape in the UK. However, the agency also admits that UK chief executive Lee Wainwright is quitting the firm after two years “for personal reasons.” The UK operation… Source: Estate Agent […]

New portal says it’s better than Rightmove and Zoopla for investors

A portal powered by Artificial Intelligence claims it is offering investors a much-needed and superior alternative to Rightmove and Zoopla. One & Only Pro claims that its sole aim is to help investors find the best deals, which sets its apart from all other portals designed for owner-occupier buyers. The site was… Source: Estate Agent […]

Agency’s big training investment as it bids to be ‘number one on High Street’

A new training and development team has been set up by Connells Group. It’s designed – in the company’s words – “to provide high quality training for the advancement of employees across the business’s estate agency network.”  The multi-skilled team is led by estate agency training director Caroline Richings and will deliver… Source: Estate Agent […]

Selling for 8.5% above asking price: why is Scotland's market so strong?

As the sales market across much of Britain appears to be mired in political and economic uncertainty, figures from Scotland appear to show a remarkably different picture.  The new quarterly house price report from s1homes – one of Scotland’s largest property websites listing 25,000 properties for sale and rent – says… Source: Estate Agent News

Labour housing guru disagrees with party's breakaway MPs

Labour’s housing spokesman, John Healey, has spoken out against the split in the party which has so far seen eight MPs resign and form an independent group in the Commons. “We stood together on the Labour manifesto 18 months ago that would have made a big change in this country for… Source: Estate Agent News

Sabotage: Hybrid accuses rival agents of "aggressive competition"

The two men behind a low-profile hybrid estate agency say their company is flourishing after two years in business, during which they suffered attempts to sabotage their activities. Nathan Pearson and Ken Davies set up Homeasy in the north of England in 2016 and admit their company has been growing “under the… Source: Estate Agent News

Good market news at last as first time buyer borrowers hit a 12-year high

After several days of gloomy market news, here's something more optimistic - there were 370,000 new first time buyer mortgages completed in 2018, some 1.9 per cent more than in 2017 and the highest number for 12 years.  And there were 30,900 new first-time buyer mortgages completed in December alone, which some… Source: Estate Agent News

PropTech Today: Money for good behaviour? PropTech helping renters

Interesting news this week from South Africa where the PropTech startup, Flow, has raised R20m in the country’s 'biggest PropTech seed investment to date’.  The Flow solution was born from common pain points experienced in the local South African rental market, but the resulting platform has great potential in all global… Source: Estate Agent News

Number of movers now only half the level before financial crisis

The number of movers has declined by around 50 per cent since the halcyon days of 2006, before the global financial crisis.  Research by the Yorkshire Building Society suggests that 367,800 home-owners moved house with mortgages in 2018, down 48 per cent from the 712,100 recorded in 2006.  Analysing UK Finance figures,… Source: Estate Agent […]