Cedar House, Caen St, Braunton EX33 1AH

News

Sunak tells estate agents: "I'm helping to keep you in a job"

Chancellor Rishi Sunak is taking credit for saving thousands of agency jobs through increased transactions prompted by the stamp duty holiday. A statement from HM Treasury says the 21.3 per cent rise in transactions in September over August this year “came after the Chancellor announced a stamp duty holiday at the... Source: Estate Agent...

Countrywide branches close ahead of private equity investment bid

At least two branches of a Countrywide agency have been closed, shortly before news broke of a proposal for a large scale investment and restructuring by a private equity firm. Local media in the westcountry report that Palmer Snell branches in Bridport and Bournemouth have shut. The door of the vacant Bridport office... Source: Estate Agent...

Agency launches first-ever radio and podcast ad campaign

Knight Frank has launched a new radio advert for the first time. The rollout marks the firm’s fourth phase of its “partners in property” campaign which it unveiled in May this year. The ad features the well known voice of Paddington and Downton Abbey star Hugh Bonneville and will appear across Classic... Source: Estate Agent...

Covid-inspired career change for independent estate agent

A reassessment of an independent agency’s activities during the Coronavirus crisis has led to it merging with a local franchise operation. Maison Property in Warwickshire is joining with the local Fine & Country branch; Maison’s founder and owner, Sarah Garland, is becoming an F&C partner agent.  Based in Warwick, Garland has been... Source: Estate Agent...

Agents Do Charity – and it’s a big one as the clocks go back…

Shorter days and darker nights deflate the spirits, especially in today’s challenging circumstances, but there’s some bright news - a large number of entries for today’s Agents Do Charity. Thanks so much for sending them to press@estateagenttoday.co.uk and for doing such great work for good causes. Remember, the clocks go back this Saturday... Source: Estate...

Major Countrywide shareholder rejects investment proposal

One of Countrywide’s largest shareholders has come out against a £90m investment package in the company proposed by a private equity firm. Early today Countrywide group announced a £90m investment by Alchemy Partners, a private equity company that specialises in investing in distressed and undervalued or underperforming businesses. But now Catalist Partners... Source:...

Countrywide gets £90m lifeline and top management clear-out

The troubled Countrywide group has announced a £90m investment by Alchemy Partners, a private equity company that specialises in investing in distressed and undervalued or underperforming businesses. In an unexpected trading statement this morning Countrywide said it will receive the investment in return for a streamlined board including the removal of chairman... Source: Estate...

Purplebricks’ big new idea – meditation for movers

Purplebricks is the first estate agency in the country to launch a meditation service to ease “the emotional rollercoaster felt by sellers and buyers.” The agency - which will shortly reveal a new pricing structure - says the new meditation service will “ease some of the most challenging stages of a... Source: Estate Agent...

Speed of conveyancers and lenders will decide short-term market – claim

Savills says the shape and size of the housing market in the coming months will be determined by the capacity of conveyancers and lenders to respond to demand. Lucian Cook, the agency’s head of residential research, says figures on sales and prices demonstrate the widely-acknowledged increase in activity in the housing market.  He... Source: Estate Agent...

Soon-to-launch Boomin portal not just for sellers and buyers – claim

One of the latest 10 agents joining the still-to-launch Boomin portal says it could be the go-to website for all property issues - not just buying and selling. Karl Tatler, managing director of the Karl Tatler agency on The Wirral, is one of four agents to have their testimonials issued to... Source: Estate Agent...

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