• Cedar House, Caen St, Braunton EX33 1AH

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Good news: easier to get mortgages now than any time since 2014

Mortgage brokers say they are encountering fewer difficulties sourcing products now than at any time for three years.  Research from the Intermediary Mortgage Lenders Association suggests almost a third of brokers reported that they encountered no problem sourcing a mortgage for any type of client in the second half of 2016… Source: Estate Agent News

Agency insists there's space for digital and traditional operators

A firm that offers online, hybrid and traditional estate and lettings agency services says the digital side of its business is “blooming” – but that there’s also strong demand for conventional sales and rental methods, too. West Midlands-based iLove Homes says that its business has grown significantly since opening an office… Source: Estate Agent News

'Corruption drives high-end London property market' – claim

A group campaigning for the reform of money laundering and other accountability laws claims that billions of pounds worth of investment – “much of it driven by overseas corruption” – is flowing into the high-end London property market. The group Transparency International has published a new report called Faulty Towers: Understanding… Source: Estate Agent News

Consumer group claims only 2% of new-build homes are snag-free

The results of a survey conducted by the Home Builders Federation has been attacked by consumer group, the HomeOwners Alliance. For over a decade the HBF has conducted a study into its members’ performance on a wide range of issues around the satisfaction of buyers with the quality of new homes. “Significant… Source: Estate Agent […]

Investors 'have full confidence in easyProperty' says company CEO

The chief executive of online easyProperty says the company’s investors “have full confidence” in the firm despite it announcing an operating loss of around £11m. Rob Ellice told Estate Agent Today over the weekend that he has spoken with the board of the firm and the investors in the agency and… Source: Estate Agent News

CMA releases details of ZPG/Expert Agent enforcement order

The Competitions and Markets Authority has released more details of its ‘calling-in’ of the acquisition of Expert Agent by Zoopla Property Group. The CMA issued an enforcement order last week urging there to be no further progress made on the acquisition of Expert Agent’s parent firm, Websky Ltd, by ZPG.  The announcement… Source: Estate Agent […]

New leasehold scandal? Retirement villages face clampdown

A two year investigation by the Law Commission has ended with a claim that some owners of leasehold retirement properties, and their families and carers, are hit with “huge bills” hidden in “complicated formulas.” The Commission says that the charging of so-called “event fees” or “transfer fees” can, when levied property,… Source: Estate Agent News

Estate agents 'receive relatively few word-of-mouth recommendations'

People are more likely to give word-of-mouth recommendations for handyman services than recommend estate agents, according to a controversial poll. The survey of 1,000 adults discussed 20 services including plumbing, insurance brokerage, interior, electrical work and even pest control.  Just under 64 per cent of respondents said they had used an estate… Source: Estate Agent […]

House prices dip for the first time in two years – Nationwide

Average house prices across the UK have fallen slightly according to the Nationwide, the first drop of any kind since June 2015. The average property price was £207,308, a monthly drop of 0.3 per cent, following a 0.6 per cent rise in February. However, the annual rate of house price inflation remains in… Source: Estate Agent […]

ZPG's acquisition of Expert Agent called in by Competition and Markets Authority

The Competitions and Markets Authority is reviewing the acquisition of Expert Agent by ZPG, parent company of Zoopla and PrimeLocation. A statement from ZPG this morning reads: ZPG, owner of some of the UK's most trusted home-related digital platforms including, Zoopla, uSwitch, PrimeLocation, Hometrack and Property Software Group, announces that the Competition… Source: Estate Agent […]