Cedar House, Caen St, Braunton EX33 1AH

25th April 2017

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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