Cedar House, Caen St, Braunton EX33 1AH

13th April 2017

New property search engine seeks investment from agents

A controversial new search engine claiming to be in the later stages of development is seeking investment from estate agents, corporates and software developers. Proptyle - which has been ‘scraping’ inventory from the existing websites of some UK agents - says it wants the investment to roll out the platform to other English speaking... Source: Estate...

Hunters profits up 31% in agency's first year on the stock market

Hunters has told investors that its revenues rose 15 per cent to £13.8m in the year to the end of December, with pre-tax profits up 31 per cent to £1.86m. "The company has shown impressive growth, opening 30 new branches” says chairman and Conservative MP Kevin Hollinrake.  Hunters retained its 96 per... Source: Estate Agent...

'Stagnating' housing market say surveyors and listings website

The website Home, which monitors asking prices, says prices have rallied strongly in the last month but thanks to growing inflation at 3.5 per cent “UK home prices are really going nowhere overall.”   It says that despite significant year-on-year growth in several regions, 2017 looks set to be a year of... Source: Estate Agent...

Auction sector 'leading post-referendum sales recovery' – claim

A series of strong sales performances at recent auctions has led one firm to claim the sector is leading the residential industry’s recovery after last year’s EU Referendum. Auction House says its sales figures for the first quarter of this year precisely match those achieved during the same period in 2016. The group had... Source: Estate Agent...

Developers want SDLT and tax changes reversed to boost sales

More than three quarters of developers want to see the government go into reverse on its stamp duty and mortgage interest tax relief policies in order to encourage more buy to let purchases by investors. Research by specialist lender Amicus Property Finance, published in FTAdviser, shows that 78 per cent of... Source: Estate Agent...

Happy Easter from everyone at Estate Agent Today

Good wishes for a happy Easter for everyone in the industry from Estate Agent Today, and from our publisher Angels Media. Our next news round-up will appear on Tuesday, but of course any urgent news stories will be Newsflashed and you can follow EAT Editor Graham Norwood’s Twitter feed @PropertyJourn. In the... Source: Estate Agent...

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