• Cedar House, Caen St, Braunton EX33 1AH

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Sales of flats in London have collapsed 47% in one year, says agency

Estate agency James Pendleton says the sales of flats across London have collapsed 47 per cent in only a year – and it claims that at least part of the reason is over-valuation.  The firm – which last month slated parts of the estate agency industry for being “dodgy” and “unscrupulous”… Source: Estate Agent News

Theresa May's right hand man to address agency's forecast event

A man dubbed as Theresa May’s ‘brain’ when he worked in Downing Street has been invited to speak at the annual housing market forecast event run by agency JLL. Many of the high-end property consultancies and estate agencies hold events towards the end of the year, inviting journalists and others to… Source: Estate Agent News

Call for auto-enrolment to help first time buyers save for deposits

Employers and government should introduce auto-enrolment of monthly salaries to allow people aged 18 to 40 to save for deposits on their first homes according to Localis, a think tank. The group – which has Communities Secretary Sajid Javid as a contributor – also recommends giving local authorities discretion to re-designate… Source: Estate Agent News

Government to hold housing summit tomorrow as it scrambles for ideas

It has been revealed that the beleaguered government of Theresa May is to hold a summit at 10 Downing Street tomorrow to address housing market issues. Speculation in Conservative-leaning newspapers suggests that the summit – which representatives of major housebuilders have been asked to attend – is one of a number… Source: Estate Agent News

Asking prices show biggest October rise since 2014 says Rightmove

Asking prices have risen by an average of 1.1 per cent or £3,432 in the past month according to Rightmove.  This is the largest October rise since 2014.  However, the portal warns that the with more sellers chasing fewer buyers, this month’s 104,000 new-to-the-market sellers will have to work harder to find… Source: Estate Agent […]

Transactions plummet 20 per cent in one year, says Your Move

Annual house price inflation is 1.3 per cent according to Your Move – even though prices dipped 0.1 per cent in the past month.  The average price at the end of September in England and Wales was £297,287, up £3,890 on the same month last year.  However, transactions during September – 63,000… Source: Estate Agent […]

Slow progress for crowdfund appeal to mount legal fight over Purplebricks

The crowdfunding appeal by review website AllAgents to mount possible legal action against Purplebricks appears to be making relatively slow progress. As of early this morning some 49 contributors has pledged just above £8,000 to the appeal – meaning that with 36 days left from today, very nearly £42,000 more has… Source: Estate Agent News

New 'speed sharing' format for agents' national conference

The upcoming national conference for the Relocation Agent Network is introducing an innovative format for part of its agenda – speed sharing. There will be a series of round-tables and workshops, each one hosted by an expert in their field. From lettings and compliance, to effective phone calls and employee engagement,… Source: Estate Agent News

A new type of hybrid agency – with a high street touch-screen

A new firm has launched in Surrey describing itself as “the premium hybrid estate agency” with an innovative presence on the high street in the form of a sophisticated interactive touch-screen. Brix is run by Russell and Justine James; the company has no high street office but instead has a sophisticated… Source: Estate Agent News

'Put your home on market by Tuesday if you want to move by Christmas'

The HomeOwners’ Alliance says vendors must put their homes on the market no later than Tuesday if they are serious about selling by Christmas. Using its comparison site, the HOA says homes listed for sale for the first time during autumn are typically slower to sell than those first put on the market in spring. Homes… Source: Estate Agent […]