• Cedar House, Caen St, Braunton EX33 1AH

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Countrywide and LSL planning £500m 'super-agency' merger – claim

Sky News claims that Countrywide and LSL Property Services are discussing a merger to become a £500m super-agency.  In an exclusive it claims that discussions are said to be serious “although it was unclear how close the two sides are to announcing a transaction.” It says that Countrywide and LSL are likely… Source: Estate Agent […]

Rightmove charges blamed for helping some agents go bust

A free-to-list portal says the costs of listing on the established sites – especially Rightmove – are contributing to estate agencies going bust. “Property portals make money by charging to list on their site, regardless of a sale or let being made. Depending on the quality of listings, brand notoriety, area… Source: Estate Agent News

Conveyancer claims pioneering app will speed up transactions

A conveyancing firm has launched what it claims to be one of the first ever apps for vendors and buyers in England and Wales. The app – specially designed for clients of the firm Rowlinsons – allows users to access key documents and information on their transaction and check on progress… Source: Estate Agent News

Flooded houses could suffer 30% hit on asking prices, says agent

Buying agents are making waves about the hit on asking prices suffered by properties that have been flooded or are at risk of future floods. In a Daily Telegraph article the buying agent Jess Simpson – a former Savills director who has also worked for Strutt & Parker – admits there… Source: Estate Agent News

“Fat cat freeholders” would be stopped by Commonhold – claim

The government is being urged to make commonhold ownership compulsory on all new apartments - and the move could even begin a long-term phasing out of the increasingly controversial leasehold tenure. The call comes from the Leasehold Solutions Group, ahead of the upcoming publication of the Law Commission’s report looking at alternatives… Source: Estate Agent News

Agents Do Charity – from Down Under to the London Marathon…

Hello and welcome to the end of the week…which must mean Agents Do Charity. There’s plenty to admire in this week’s entries; if you want support and publicity across the industry for your upcoming fund-raising, please email us at press@estateagenttoday.co.uk and of course we’d be delighted to help. Here we go with… Source: Estate Agent […]

Over 50 agents join new national agency in first three months

A new national agency concept – eXp UK – has revealed that it has recruited over 50 agents in its first three months operating in the UK. The brand launched in November 2019 and says its new recruits come from online, hybrid and traditional agencies. eXp UK is an agency brand with roots… Source: Estate Agent […]

Top agency’s new franchise operation gets ready for roll-out

Estate agency Chestertons has named the new chief operating officer for the roll out of its UK and Europe franchising operation. Some months ago Chestertons – founded in 1805 and with 33 offices in London and 70 others around the world – revealed it was launching a franchise offering in the… Source: Estate Agent News

Foxtons chairman to stand down next week

Foxtons has this morning announced that chairman Garry Watts is to retire from his position on March 1. He is also quitting the board of the agency at that date. Ian Barlow, currently the company's senior independent director, will assume the role of Chairman on this date. In its most recent trading statement,… Source: Estate […]

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 and another 440 staff moved elsewhere in the organisation. Estate Agent Today has been told by a spokesperson for the parent company, LSL Property Services: “There were 900 jobs impacted… Source: Estate Agent News