• Cedar House, Caen St, Braunton EX33 1AH

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Humberts purchaser revealed as Natural Retreats

It has today been announced that the Natural Retreats group has purchased Humberts. The entirety of Humberts has been included in the sale, which was managed by restructuring specialist Begbies Traynor. "Following a very competitive bidding process, we are absolutely delighted that Natural Retreats group of companies and investors has decided to… Source: Estate Agent […]

Asking prices at an all-time high, but sales have dipped – Rightmove

The latest data from Rightmove indicates that the average national asking price has reached another all-time high of £308,075 following a monthly rise of 0.8% (equivalent to £2,343). The portal reports, however, that agreed sales so far this year are down 5.4% when compared to the same period in 2017. Despite this, Rightmove… Source: Estate Agent […]

High street agents come out fighting against online threat

Two high street estate agents have used the medium of the local press to come out fighting against the threat of online and hybrid operators. Writing in the Yorkshire Post, Tim Waring, director of Dacre, Son & Hartley, uses a football analogy to determine the winner in the fight between traditional… Source: Estate Agent News

Reapit increases market dominance with latest acquisition

Reapit has announced the acquisition of Resource Techniques in a bid to strengthen its position in the agency software market. Resource Techniques, which provides specialist agency software, web design and online services, will continue to operate from its Hendon headquarters. Reapit says it will be using the acquisition to expand the range… Source: Estate Agent […]

Property Jobs Today – this week’s movers and shakers revealed

Welcome back to Property Jobs Today – EAT's weekly roundup of all the big moves going on in our industry. If you have any promotions, key hires or departures you'd like to share, please let us know on press@estateagenttoday.co.uk. On with this week's employment news… The world's largest real estate advisor has appointed… Source: Estate Agent […]

New land tax has huge impact on average house prices

The introduction of the Land Transaction Tax (LTT) to replace stamp duty in Wales has had a significant impact on house prices, according to the latest data from LSL. National average prices in Wales have increased by 4.8% annually, while prices in Cardiff and Swansea have risen by almost 10% during… Source: Estate Agent News

Revealed – How portals and Purplebricks outperform high street agencies

A study of estate agencies and portals floated on the London Stock Exchange suggests that digital companies have shown much better returns than most (but not all) traditional companies.  The study, undertaken by Estate Agent Today, shows that Purplebricks, Rightmove and Zoopla Property Group (ZPG) have increased share value to between… Source: Estate Agent News

Century 21 UK slashes franchise price from £23,500 to £1,000

Century 21 UK is slashing the cost of becoming a franchisee for a six week period, cutting the price from £23,500 to £1,000.  Century 21’s franchise in this country is owned and operated by the SDL Group. It says that despite 14 more branches being set to open across the country in the… Source: Estate Agent […]

Crisis? What crisis? London agents' success stories defy market

High-end London chain Marsh & Parsons, part of the LSL Property Services empire, has opened in 30th office in Chiswick.  “Chiswick’s wonderful heritage and community feel are synonymous with our values and brand” says David Hill, sales manager at the new office.  “Marsh & Parsons is already a well-recognised and reputable name… Source: Estate Agent […]

Help To Buy equity loan users told to beware of falling house prices

Consumer body Which? is warning that those who used the Help To Buy equity loan to purchase their homes could face trouble in the future thanks to the slowing housing market. Under the Help to Buy scheme – open to people buying a new-build property for less than £600,000 – a… Source: Estate Agent News