• Cedar House, Caen St, Braunton EX33 1AH

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Purplebricks: nothing divides estate agency more than this

Few things provoke argument within the industry more than the online v traditional agency debate – and within that debate, nothing at all divides people more than Purplebricks. So it is fitting that the release of Purplebricks’ full year trading figures should provide the opportunity to launch the Estate Agent Today… Source: Estate Agent News

Expert Agent 'relieved' ZPG acquisition uncertainty is over

Expert Agent says it is pleased the uncertainty surrounding its takeover had ended but suggests the Competition and Markets Authority’s announcement has prompted nothing more than “a muted celebration.”   Yesterday we reported that the CMA had cleared ZPG’s acquisition of Expert Agent, first announced on March 1 but subequently ‘called in’… Source: Estate Agent […]

Controversial £2.875m raffle of Right To Buy house is back on

The controversial raffle of a home reportedly purchased in 2014 under the Right To Buy scheme for just £360,000 is back on – and if it succeeds, it will involve the home owner receiving £2.875m in ticket money.   Last month Estate Agent Today reported that the owner of the home at… Source: Estate Agent […]

'Apprentice' London agency has another try at expansion

Haus Properties – the estate agency set up by former Apprentice finalist Jamie Lester, who quit the company suddenly last year – says it is expanding from two to three offices.    In late 2015 Haus briefly had four offices – two in Fulham and one in each of Chiswick and Shepherd’s… Source: Estate Agent […]

Agents Do Charity – the Game, Set and Match edition…

The start of Wimbledon means we’re reaching peak summer – even if the weather suggests otherwise. But distractions like sporting events and holiays are not enough to deter the finest in our industry raising funds for good causes.   Please continue to tell us what you’re doing, on press@estateagenttoday.co.uk – we love… Source: Estate Agent […]

Competition authority clears ZPG acquisition of Expert Agent

ZPG, owner of digital platforms including Zoopla, uSwitch, PrimeLocation, Hometrack and Property Software Group, has been cleared by the Competition and Markets Authority over its acquisition of Expert Agent. ZPG acquired Expert Agent in March as part of what it calls its “continuing mission to be the most effective partner for… Source: Estate Agent News

Purplebricks "agrees a UK sale every nine minutes 24/7"

New figures released this morning from Purplebricks shows the onward march of the hybrid agency and its Local Property Experts. For the year to April 30 Purplebricks’ group revenue showed a 151 per cent rise to £46.7m – far beyond its full-year 2016 total of £18.6m. Its UK-only revenue rose 132 per… Source: Estate Agent […]

Nationwide predicts 'drag' on transactions and prices for rest of year

The Nationwide is warning that a slowdown in household spending is likely in the near future, leading to a ‘drag’ on house buying and house prices – and this is despite an unexpected increase in values over the past month. Robert Gardner, the Nationwide’s chief economist, says despite a surprising 1.1… Source: Estate Agent News

Another fall in prime London prices as Savills downgrades forecast

Prime London house prices are now 5.3 per cent lower than at the time of the EU referendum admits Savills, following another fall in prices in the past three months. Average prime London values dipped 0.9 per cent in the second quarter – they are now 6.9 per cent off their… Source: Estate Agent News

Entries open for ground-breaking ESTAS Conveyancing Awards

Entries for the new ESTAS Conveyancing Awards are now open and you have just over a month to get nominations in for what promises to be the sector’s premier awards event. The awards, sponsored by SearchFlow, follow the same pattern as the uniquely successful ESTAS awards for the estate and letting… Source: Estate Agent News