Cedar House, Caen St, Braunton EX33 1AH

April 2017

Guild chief says "aggressive" online agency marketing "lacks integrity"

The new chief executive of the Guild of Property Professionals has accused some online agents of carrying out “aggressive” marketing campaigns that have been “lacking in integrity.” Iain McKenzie, speaking at a London seminar discussing online reviews and customer service in the agency industry, told the audience that traditional estate agents... Source: Estate...

Don't make stamp duty even worse, agency warns government

The government should resist any further increase in stamp duty not only to help the property market but to help guarantee revenue for public spending in the future. That's the view of London agency ludlowthompson which says that with £11.7 billion in income from SDLT in the last year, the government... Source: Estate Agent...

Consumer group names "UK's best performing estate agent"

The HomeOwners' Alliance says it has identified what it describes as "the UK's best performing agent" based on how much it achieves above asking price for the vendor in any particular sale. HOA names Roy Brooks of Dulwich as achieving an average of almost six per cent above asking price over... Source: Estate Agent...

Agency chief retires after 38 years at firm and 26 years in charge

The agent working as both managing director and chairman of the Halls regional chain covering mid-Wales, the West Midlands and neighbouring counties is to step down. Peter Willcock is to retire in September after a total of 38 years working for the company, with the last 26 years serving as chairman... Source: Estate Agent...

Brexit forces many to reconsider property plans, says agency survey

Five per cent of homeowners say they will definitely not be buying a property until the Brexit process is over, while almost two thirds of those aged 18 to 24 admit they have reconsidered their property plans because they are "losing faith in the economy." The details behind the figures, produced... Source: Estate Agent...

Purplebricks to be 'biggest UK agency by 2019' with 'share price up 50%'

A London investment broker says Purplebricks’ share price - currently around 300p - could rise another 50 per cent or more thanks to the hybrid’s expansion into America and the likelihood that it will be the UK’s largest estate agency within two years. In a very detailed 34 page investment note... Source: Estate Agent...

Ex-Countrywide MD takes charge of Lomond's latest acquisition drive

Lomond Capital has secured up to £37.5m for new acquisitions of sales and lettings agencies across the south of England - with a senior former Countrywide figure in charge. Since its inception in 2010, Lomond has made 30 acquisitions and employs 350 people across the UK. It currently manages residential properties... Source: Estate Agent...

More price cuts likely in prime London, agency warns sellers

The snap General Election on June 8 adds to uncertainty but does not significantly worsen the market for prime properties in London and rural areas according to high-end agency Savills. In its latest prime country and London market assessment, the agency says its previous assumptions of continued economic and political flux... Source: Estate Agent...

PropTech group gets barrister's opinion over online agents' duties

As debate continues over the merits of upfront fees against post-sale commission for agents and consumers, the fledgling UK ProperTech Association has asked a barrister for an opinion about the duties of online estate agents to their customers. In the opinion, Ian Rees Phillips of 6 Pump Court explores how the... Source: Estate Agent...

Agency figures show many more first time buyers entering the market

First time buyer registrations in the past month have jumped nearly 20 per cent across the UK and almost 30 per cent in London according to one agency. “The pressure on first time buyers was eased this month, as record price rises began to stabilise across the country. This has led... Source: Estate Agent...

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