• Cedar House, Caen St, Braunton EX33 1AH

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Agency says some London boroughs seeing record low transactions

A London estate agency’s analysis of the latest Land Registry data suggests transactions in the capital are the lowest ever recorded.  Land Registry data for February shows there were just 55 transactions in the whole of the Westminster borough, which the Portico agency claims is the lowest ever number recorded by… Source: Estate Agent News

PropTech Today: Generation Z are coming – agents, are you ready?

I was recently contributing to whitepaper by a major bank about the future of the property industry and, as I was writing, something struck me; just as our industry has adapted to the demands that the Millennials brought to market, it’s about to experience yet more change thanks to the… Source: Estate Agent News

Two weeks to go… Your essential guide to The ESTAS 2017!

One of the biggest days of the year for agents takes place just two weeks tomorrow when The ESTAS take place on Friday May 12. Here’s all you need to know about the biggest bash in our industry. The ESTAS are the UK's biggest awards event for agents and 1,000 guests will attend… Source: Estate Agent […]

Mortgage rates now at their lowest-ever level, says bank

Mortgage rates continue to fall with the average new lending rate at a record low of 2.2 per cent: as a result the average monthly payment constitutes a lower share of income than in 2007 despite the average loan size being almost one fifth higher. The steady decline in mortgage rates… Source: Estate Agent News

Guild chief says "aggressive" online agency marketing "lacks integrity"

The new chief executive of the Guild of Property Professionals has accused some online agents of carrying out “aggressive” marketing campaigns that have been “lacking in integrity.” Iain McKenzie, speaking at a London seminar discussing online reviews and customer service in the agency industry, told the audience that traditional estate agents… Source: Estate Agent News

Don't make stamp duty even worse, agency warns government

The government should resist any further increase in stamp duty not only to help the property market but to help guarantee revenue for public spending in the future. That's the view of London agency ludlowthompson which says that with £11.7 billion in income from SDLT in the last year, the government… Source: Estate Agent News

Consumer group names "UK's best performing estate agent"

The HomeOwners' Alliance says it has identified what it describes as "the UK's best performing agent" based on how much it achieves above asking price for the vendor in any particular sale. HOA names Roy Brooks of Dulwich as achieving an average of almost six per cent above asking price over… Source: Estate Agent News

Agency chief retires after 38 years at firm and 26 years in charge

The agent working as both managing director and chairman of the Halls regional chain covering mid-Wales, the West Midlands and neighbouring counties is to step down. Peter Willcock is to retire in September after a total of 38 years working for the company, with the last 26 years serving as chairman… Source: Estate Agent News

Brexit forces many to reconsider property plans, says agency survey

Five per cent of homeowners say they will definitely not be buying a property until the Brexit process is over, while almost two thirds of those aged 18 to 24 admit they have reconsidered their property plans because they are "losing faith in the economy." The details behind the figures, produced… Source: Estate Agent News

Purplebricks to be 'biggest UK agency by 2019' with 'share price up 50%'

A London investment broker says Purplebricks’ share price – currently around 300p – could rise another 50 per cent or more thanks to the hybrid’s expansion into America and the likelihood that it will be the UK’s largest estate agency within two years. In a very detailed 34 page investment note… Source: Estate Agent News