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The London-focussed estate agency Cluttons says chains in central London are becoming increasingly fragile thanks to general uncertainty in the wider economy leading to more nervous purchasers. “The weaker appetite to scoop up deals is…making vendors nervous, with uncertainty trickling through to property chains, which appear to be increasingly fragile. In… Source: Estate Agent News
LSL Property Services – which has high street brands including Your Move, Reeds Rains and Marsh & Parsons – has signed up to advertise its inventory on Zoopla and PrimeLocation for the next five years. The arrangements with LSL is the latest of a series of high-profile deals announced by ZPG… Source: Estate Agent News
AllAgents, the review website which failed in a bid to raise a ‘fighting fund’ in its ongoing row with Purplebricks, is not commenting on its next move in the dispute. It fell just under 10 per cent short of its £50,000 funding target, which it said it required to fund possible… Source: Estate Agent News
Data from Hometrack shows that the gap between average earnings and house prices has reached an all-time high in London. The price to earnings ratio in the capital is now 14.5 times average earnings, which is 42 per cent higher than the average for the last 15 years. Behind London comes Cambridge… Source: Estate Agent […]