• Cedar House, Caen St, Braunton EX33 1AH

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"Estate agents are not professionals" claims Times consumer journalist

The consumer affairs correspondent of The Times has savaged High Street estate agents because of the commission they charge when compared to online rivals. Andrew Ellson has written that he was shocked at the commission rates when he was asked by family members to help sell two properties recently, one in… Source: Estate Agent News

Suspended prison sentence for agent after Gumtree scam

An estate agent branded as "thoroughly dishonest" following a Gumtree scam has been jailed for 20 months, suspended for two years.   The Devon Live website reports that Andrew Boyne, an agent at Martin & Co in Exeter, demanded holding fees and advance rent for houses which he advertised as being… Source: Estate Agent News

Agents facing "biggest change in history of data protection regulation"

A roadshow is being launched to help the industry tackle what is being described as “the biggest change to affect estate agents in the history of data protection regulation.” GDPR – General Data Protection Regulation – is being implemented on May 25 next year but the scale of preparation required is… Source: Estate Agent News

New portal targets agents to sell and let ex-council flats and houses

A new portal has been launched aimed at marketing ex-council properties for sale or to let through agencies.  Ex-Council.com says it is aiming at an audience of investors and first time buyers who may be interested in buying or renting such units. It says there are 2.77m ex-council properties in the UK -… Source: Estate Agent […]

Prime Central London prices may fall another 5% in 2018 warns agency

Strutt & Parker is warning that Prime Central London prices could drop as much as five per cent in 2018 – and could stagnate for the next five years. Strutts gives both a ‘best case’ and a ‘downside risk’ forecast for the next five years in a document released today; in… Source: Estate Agent News

First time buyers massively over-estimate purchasing costs, says bank

Two thirds of first time buyers over-estimate the cost of purchasing a home according to a survey from the NatWest. The NatWest’s survey of 2,025 UK residents aged between 20 and 45 shows that over a third of those who don’t own a property today believe they will never be able… Source: Estate Agent News