• Cedar House, Caen St, Braunton EX33 1AH

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Major regional agency says new online service is 'the fourth way'

A major regional agency with offices in Kent, Surrey and Sussex says its new online service – Howard Cundey LIVE – is a ‘fourth way’ to serve customers on top of its existing high street branches, regional network, and auction option. The agency’s chief executives and co-founders Dan Berrisford and Tim… Source: Estate Agent News

'Second Steppers' face bigger challenge than first time buyers – claim

Homeowners ready to take their second step up the property ladder say it's harder than getting on it in the first place according to Lloyds Bank. Almost a quarter say that they'll have children later in life than they had originally planned with 12 per cent also saying that they will… Source: Estate Agent News

Countrywide woe continues as share price hits new record low

Countrywide’s share price hit a record low during trading yesterday afternoon when it dropped to 137.75p, having opened the day at 147.00. At the close the price was 138.75p – down almost six per cent on the day. The troubled group’s previous lowest point was 145.50p on July 27, when it reported half year profits… Source: Estate Agent […]

London slowdown bottoms out, but only low price growth in long-term

Property consultancy Hometrack says London’s 12 month market slowdown has bottomed out with the annual growth rate rising to 2.8 per cent -  up from 2.3 per cent last month.  There have been consistent month on month price increases averaging 0.5 per cent across London for the last 6 months and… Source: Estate Agent News

Would your clients get the needle about an estate agent with tattoos?

A new survey commissioned by a property firm suggests that 31 per cent of people feel uncomfortable about the idea of tattooed estate agents. Commercial property agency Savoy Stewart, which has analysed its own survey as well as data from the ACAS arbitration service, has drawn up a league table of… Source: Estate Agent News

Government says house building figures now highest since 2008

The government says the number of new build homes that have started to be built has surged to the highest level since 2008. The latest data released by the Department of Communities and Local Government suggests that 164,960 new homes were started in the year to June 2017, up 13 per cent… Source: Estate Agent News

Agents Do Charity – the first-mention-of-the-C-word edition

Now we hate to spoil a long weekend but for much of the UK this is the final Bank Holiday before… wait for it…. Christmas. Before we all make the best of this end-of-summer celebration, let’s pay tribute to agents and others in our industry who have done their bit to… Source: Estate Agent News

Purplebricks: investment bank refutes allegation of bias against agency

A leading business consultancy which advises clients on investments has refuted a claim by a prominent media analyst that it is biased against Purplebricks. Mike DelPrete, a consultant at media firm AIM, says the Jefferies investment bank is often quoted in the media in reference to Purplebricks.   “It is usually critical,… Source: Estate Agent […]

Full-service agents achieve over 5% higher sale price, research shows

Research in the United States shows that traditional full-service estate agencies achieve better sale prices than the biggest alternative in that market – For Sale By Owner. In the US there is much less activity by online estate agencies than in the UK, so the research – by a real estate… Source: Estate Agent News

No crash but London market stalls 'thanks to Brexit, economy, taxes'

Ten out of 14 economists surveyed by Bloomberg News say Brexit and economic uncertainty are likely to stall London’s housing market for some years to come – while half of them also blame increased taxation on landlords.  One of the economics – Samuel Tombs from Pantheon Macroeconomics – says the Leave… Source: Estate Agent News