• Cedar House, Caen St, Braunton EX33 1AH

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Over 50 jobs lost as agency collapses into administration

Over 50 jobs have been lost as a result of a Midlands regional estate agency falling into administration. The Shropshire Star reports that 54 positions have gone at the 49-year-old Andrew Grant agency, which has closed its offices at Ludlow, Kidderminster. Stourbridge, Bromsgrove and Worcester. Last week Estate Agent Today reported on a… Source: Estate Agent […]

£41,000 award for agent discriminated against because of pregnancy

An estate agent has been awarded over £41,000 by an employment tribunal – after her offer to settle for £10,000 was rejected by her former employer. The Cornwall Live website carries a lengthy story of how Kelly Bosch from Newquay won the payout after it was ruled that her former employer… Source: Estate Agent News

Virus made us abandon branches for hubs, says agency

A regional agency in the east of England says the Coronavirus lockdown working environment has made it rethink its structure – and traditional offices are being abandoned in favour of a smaller number of ‘hubs’. The Arnold Keys agency has told local media in the area that it is “transitioning” to… Source: Estate Agent News

Industry guru reveals Britain's only truly 'different' agency brand

A brand and marketing strategic who also ran one of the country’s most successful lettings agencies for a decade has said that Foxtons is one of the very few truly differentiated brands in the property industry. Dan Channer – former managing director of Finders Keepers prior to its acquisition by Countrywide… Source: Estate Agent News

Tragedy as property industry titan dies suddenly

One of the highest profile and most widely respected figures in the British property industry has died suddenly. He was 72. Tony Pidgley, who started Berkeley Homes 46 years ago and was still working full time as executive chairman of the company, died on Friday. If ever there was a rags to… Source: Estate Agent […]

Boost for market as mortgage product choice picks up after virus

Mortgage product choices for buyers have increased to the highest level in three months according to new data. PropTech platform Mortgage Brain says last week saw product numbers grow by 3.3 per cent to a new high of 9,033.  The total number of mortgage products on the market is now up by… Source: Estate Agent […]

Countrywide loses 30% of income "thanks to lockdown"

Countrywide has released details of its trading performance, including the knock its income has received as a result of the housing market lockdown. Although the company – which has its annual general meeting today – describes its performance over the past year as “resilient” the figures reveal that group income was… Source: Estate Agent News

Watch out Rightmove! 10,000 agents sign up to new rival portal

The challenger portal scheduled to launch in less than a week’s time on July 1 has secured the support of 10,000 agents. As recently as March, just before the Coronavirus lockdown, Homesearch had only 4,300 agents on board representing some 1,400 agencies; many of these were using its different free or… Source: Estate Agent News

Management pay cuts and furlough returns revealed by high-end agency

Savills has revealed the measures it has taken to mitigate the impact of the Coronavirus on its activities and balance sheet. The agency – well-known here for its high end residential – is primarily an international real estate consultancy majoring in commercial property. Some 90 per cent of its offices worldwide… Source: Estate Agent News

Franchise group revenue hit by 20% because of virus lockdown

Revenue for The Property Franchise Group was hit by 20 per cent cent thanks for the lockdown – but sales listings in particular have boomed since. The Property Franchise Group has six agency brands – national lettings service Martin & Co, west country agency CJ Hole, London operation Ellis & Co,… Source: Estate Agent News