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The government has launched a consultation this weekend calling for evidence on how to make the home buying process “cheaper, faster and less stressful for those involved.” In a surprise announcement this morning, Communities Secretary Sajid Javid said he wants to hear from everyone with an interest in home buying including… Source: Estate Agent News
Pressure is continuing to build on the government to reform stamp duty in next month’s Budget. Firstly a group of senior financial professionals is warning Chancellor Phillip Hammond against changing stamp duty to address ‘generational fairness’ when a more fundamental reform could achieve more. There has been widespread speculation in recent days… Source: Estate Agent […]
Statements from The Property Franchise Group and Belvoir continue to ramp up the war of words between the two agency groups which cannot – so far – agree on merger terms. A statement this morning from TPFG to shareholders and the City says it believes the current offer by Belvoir “significantly… Source: Estate Agent […]
More than 50 per cent of homes complete their formal transfers of ownership on Fridays according to a survey by a quick-sale company. Sellhousefast has analysed Land Registry data for over one million homes sold in the UK in 2016; it found that over 40 per cent of the recorded transfers… Source: Estate Agent News
Some 41 per cent of parents are not in a position to provide any financial support towards helping their child get on the property ladder. A report by Post Office Money reveals that those parents are, however, contributing in other ways such as letting their prospective first time buyer offspring live… Source: Estate Agent News
It’s been a big week for property news – controversies surrounding Purplebricks, merger discussions between big franchise operators, and another government consultation into part of the industry. Yet still there’s time for fund-raising for good causes: thanks for everything done by everyone in the industry to help those less fortunate than… Source: Estate Agent News
Belvoir has announced that it has made an approach to The Property Franchise Group regarding a possible merger. In a statement to the City Belvoir said its directors considered that the combination of TPFG and Belvoir “would be in the best long term interests of both companies and their respective shareholders.” The… Source: Estate Agent […]
Purplebricks has told Estate Agent Today it is more open about its business than almost any other agency and stridently rejects criticism about its failure to publish numbers of completed sales. Yesterday’s ruling by the Advertising Standards Authority – effectively banning two Purplebricks TV ads because of what the ASA called their “misleading”… Source: Estate Agent News
The UK estate agency and construction industries are not ready for the huge workload and responsibilities involved in the General Data Protection Regulation legislation coming into effect next May. That’s the view of property law firm Collyer Bristow, which has surveyed 460 senior decision makers across a range of businesses in… Source: Estate Agent News
The death throes of the Charter for Independent Estate and Letting Agents are continuing. A statement by software entrepreneur Charlie Wright, who has spent almost a year trying to win support for his idea of a group representing independent agencies, says in a statement that the idea is not quite dead… Source: Estate Agent News