One of the world’s leading property technology analysts says Purplebricks-style disruptive agencies will be a trend to look out for in 2018. The forecast comes from Mike DelPrete, former head of strategy at the property portal Trade Me in New Zealand and now regarded as one of the leading PropTech analysts. He says Purplebricks... Source: Estate Agent...
December 2017
The Nationwide says the Chancellor’s decision to effectively scrap stamp duty for the majority of first time buyers will have only a ‘limited effect’ on the market generally or first time purchasers in particular. “The decision in the Budget to abolish SDLT for first time buyers purchasing a property up to... Source: Estate Agent...
Outspoken buying agent Henry Pryor says some “pretty dodgy” overseas buyers have purchased homes in the UK in the past - and he expects the trend to continue. An article on the Mansion Global website looks at efforts to control the number and type of overseas purchaser by different countries, and... Source: Estate Agent...
The last of the leading agency analysts and business consultancies have now given their predictions for the UK housing market in 2018 - and all of them suggest there will be at least some price growth. The most optimistic is PwC, the business consultancy known to some as PriceWaterhouseCoopers, which gives... Source: Estate Agent...
A Happy New Year to all our readers and their families - and all the very best for a successful, profitable and enjoyable 2018. Estate Agent Today and Letting Agent Today are not published on Monday January 1 but will be back to normal from Tuesday January 2 - and in... Source: Estate Agent...
Purplebricks once again used the Christmas period to launch new TV and social media advertisements. In one, the hybrid agency debuted Mr Wiggles - a large glove puppet - in a 40-second ad showing a ventriloquist at a childrens’ party getting angry when he recalls paying estate agents’ commission instead of... Source: Estate Agent...
The Daily Mail and other papers are reporting that a buyer is suing an estate agent who allegedly failed to tell him that a traveller family was living on a plot next door. Hairdresser David Stanley, 55, bought a house for £280,000 from an un-named agency in rural Surrey back in... Source: Estate Agent...
The property consultancy Hometrack says London is facing “a drawn-out period during which there will be a slow re-alignment of house prices and earnings” - likely to produce little or no growth in the near future. “We expect London house price inflation to end 2018 around one per cent which means... Source: Estate Agent...
In 2017 the average seller sold their home for £92,466 more than they paid for it, having owned the home for an average of nine years, according to research from Countrywide’s Hamptons International brand. This is up from the £90,227 which the average seller in England and Wales made in 2016. With... Source: Estate Agent...
Grosvenor Crescent, located in the heart of London’s Belgravia between Hyde Park Corner and Belgravia Square, is the most expensive residential street in England and Wales, according to the latest research from Lloyds Bank. A typical property on Grosvenor Crescent will cost an average of £16,918,000 and three of the top... Source: Estate Agent...