• Cedar House, Caen St, Braunton EX33 1AH

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Comparison service releases online agencies' performance data

The comparison service Get Agent has released the full details of its analysis of the performance of four different online estate agencies. Some of these details were released at the recent Futures; PropTech conference but now GetAgent has published its complete findings. It looked at 500 new listings on Purplebricks and all… Source: Estate Agent […]

Over 250,000 'given up on owning a home' claims consumer group

Over 250,000 non-homeowners appear to have given up on the dream of owning their own property in the past year alone, a consumer group claims. Back in 2013 an annual survey by the HomeOwners Alliance and BLP Insurance found that 65 per cent of non-homeowners aspired to homeownership; this number increased… Source: Estate Agent News

Agents Do Charity – is this peak-fundraising week?

This might just be one of the busiest Agents Do Charity columns we’ve ever had with many firms having a mixture of fun and generousity to raise money for good causes. Everyone below has contacted press@estateagenttoday.co.uk – do the same if you’re fund-raising, and we would be delighted to give some publicity. LandAid… Source: Estate Agent […]

Tories propose house buying reforms in election manifesto

The Conservatives have this morning announced a reform of the house buying process in the party’s manifesto for the June 8 General Election. Pledges are low on detail but under the section called ‘Fair Markets for Consumers’ the manifesto says: – “A Conservative government will reform and modernise the home-buying process so… Source: Estate Agent […]

City analyst uses Foxtons' figures to diss Purplebricks inventory

A respected City analyst has pointedly dissed Purplebricks over its allegedly modest inventory of homes for sale and rent. Antony Codling of Jefferies has analysed the quarterly trading statement of London agency Foxtons, released yesterday. In disappointing figures for the first quarter of this year – made worse by comparison with early… Source: Estate Agent […]

Firm sees large demand for 'digital platform' to compete with hybrids

A company which last month launched a service which it claims allows High Street estate agents to compete with online and hybrid agencies says it has seen “a huge surge in demand.”   Last month we reported that Hystreet was launching a white-labelled online estate agent platform, in return for a monthly… Source: Estate Agent […]

New homes must be marketed to Britons first, say Liberal Democrats

The Liberal Democrats have set a building target of 300,000 new homes a year, have pledged to scrap housing association Right To Buy, and demand that new homes should be marketed to British buyers first before being sold to overseas investment buyers. The party’s manifesto dedicates two of its 100 pages… Source: Estate Agent News

More London vendors quitting the capital according to LonRes

Almost half the agents in London surveyed by LonRes say that 10 per cent or more of their vendor clients intend to quit the capital once they sell their property. Only 14 per cent of agents surveyed said all of their sellers were intending to remain in London.  LonRes says someone selling… Source: Estate Agent […]

Mortgage figures give cause for modest optimism, say commentators

Home buyers borrowed £11.2 billion in March – down on the ‘stamp duty bonanza‘ period at the same time last year but substantially up on figures for earlier in 2017. The figures were enough for one market commentator – Jeremy Leaf, north London estate agent and a former RICS residential chairman… Source: Estate Agent News

YOPA announces new funding from Savills and the Daily Mail

Hybrid estate agency YOPA has announced a successful Series B round of funding in which it raised a total of £15 million. The funding round was led by Daily Mail and General Trust plc (DMGT) and included further investment from high-end agency Savills. Last June, Savills announced that it had invested an… Source: Estate Agent […]