• Cedar House, Caen St, Braunton EX33 1AH

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Bad news for leaseholders as Appeal Court backs estate owners

Home owners seeking lease extensions may now have to pay more as a result of a controversial judgement handed down by the Court of Appeal.  The case was Mundy v The Trustees of the Sloane Stanley Estate, brought by chartered surveyor James Wyatt who is a former head of valuations at… Source: Estate Agent News

Countrywide's cruellest cut of all – no more fresh fruit at Oxford Street HQ

The chief executive may have left, the share price may still be languishing around 100p and only days ago the firm issued a profits warning: now Countrywide has made the ultimate sacrifice – it’s scrapped its fresh fruit for staff at its central London HQ. An insider told Estate Agent Today… Source: Estate Agent News

IAM Sold claims title of UK's top independent resi auctioneer

IAM Sold says it is the largest independent residential auctioneer in the UK based on lots sold, for the second year in a row. The outsourced auction management firm – which from this year will be providing an auction service to 200 branches of Fine & Country – saw a total… Source: Estate Agent News

Record entries for estate and letting agents' awards at ESTAS 2018

The ESTAS Group has announced record entries for its 2018 estate and letting agents awards.  The national award scheme – which recognises the best estate and lettings agents, mortgage advisors and conveyancers in the residential industry – has also received over 40,000 customer reviews via its feedback platform.   The shortlists and… Source: Estate Agent […]

Platt will receive £675,000 pay-off despite Countrywide "failure"

The magazine Property Week is reporting that Countrywide’s former chief executive Alison Platt, who quit her post this morning, will receive a £675,000 pay-off. In something of a coup, the magazine secured an interview with Countrywide group chairman Peter Long in which he makes “a damning attack” on Platt for failing to… Source: Estate Agent News

New Countrywide head says power will pass back to the branches

Countrywide’s new management has taken immediate steps to try to stem the loss of market share by the troubled agency group, following the announcement this morning that chief executive Alison Platt is leaving. A note circulated to staff this morning by executive chairman Peter Long, and sent anonymously to Estate Agent… Source: Estate Agent News

Platt goes – but Countrywide silent on size of her 'golden goodbye'

There was confirmation this morning, as expected, that Countrywide chief executive Alison Platt has quit – but so far there is no news on the ‘golden goodbye’ she is receiving. Word spread rapidly early yesterday evening that Platt was going to go after three and a half years at the helm. On her final… Source: Estate Agent […]

Purplebricks expansion continues – it's to launch in New York

Purplebricks has this morning announced it’s to launch in New York. A statement to the London Stock Exchange this morning read: The NY Designated Market Area is the largest DMA in the US, covering 31 individual counties, with over 7.4 million households and over 20 million people.   The region is particularly… Source: Estate Agent […]

PropTech Today: Creating a tech corporate culture – and a view on Countrywide

There was an excellent article, published last week, based around an interview with Chandra Dhandapani, CBRE’s chief digital and technology officer.  The interview focuses on the ways in which Dhandapani is helping CBRE to create and maintain ‘a tech-driven culture’.  It’s a great piece which offers up some strong examples of how… Source: Estate Agent […]

First timers' stamp duty cuts won't help in London says ex-Rightmove chief

Rightmove’s former lettings chief Sam Mitchell has taken over as chief executive of online agency HouseSimple, which recently won another £20m in investment. Mitchell’s first high-profile statement has been to comment on research from the agency which shows that the government’s scrapping of stamp duty for most first time buyers -… Source: Estate Agent News