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Countrywide in turmoil as Platt’s departure is possible 'within days'

Countrywide appears to be in turmoil with Sky News reports that board members are discussing trying to get rid of controversial chief executive Alison Platt. Britain’s largest estate agency group has had a torrid three and a half years since Platt was appointed to the top job in autumn 2014. Its share price closed at… Source: Estate Agent […]

Platt's legacy – Countrywide's recent torrid years

It is now an industry truism to say that Alison Platt has transformed Countrywide – but recent evidence, and now doubt over Platt’s own future, may reveal that the transformation has been anything but a success. What is beyond doubt is that in a series of reorganisations, restructurings and resignations, Platt’s… Source: Estate Agent News

Foxtons, Yopa and other agencies sign marketing deals with Zoopla

ZPG, which operates Zoopla and PrimeLocation as well as owning the Property Software Group, has signed more long-term marketing deals with a slew of agents.  This includes Foxtons, Dexters, Andrews and Yopa: the latter is the online agency backed by Savills – one of the agencies which founded OnTheMarket. ZPG says that as… Source: Estate Agent […]

MPs tell government – stamp duty cut isn't really helping first time buyers

One of the most influential select committees in parliament has told the government that it needs to do more – much more – to solve the country’s housing crisis. The Treasury select committee, chaired by Conservative former cabinet minister Nicky Morgan, says that last year's cut in stamp duty to help… Source: Estate Agent News

Down but not out – Haart's verdict on the national housing market

A set of figures produced by Haart suggests the market has had a difficult past 12 months – but the firm promises better is to come. It says house prices across England and Wales in December fell by 0.9 per cent on the month and by 3.3 per cent on the… Source: Estate Agent News

Mortgage Advice Bureau enjoys good trading despite flat market

Mortgage Advice Bureau has batted off the flat housing market by reporting good figures for 2017. Revenue for the year increased by 17 per cent to £109m driven by a 14 per cent rise in the average number of advisers to 1,008 in the 12 months to December 31.  For 2017 as… Source: Estate Agent […]

Alison Platt may be forced out of Countrywide soon, says Sky News

Sky News is this evening reporting that Alison Platt, the chief executive of the troubled Countrywide agency, may soon be leaving the company. “Sky News has learnt that board members have been discussing the future of Alison Platt in the aftermath of news last week that the owner of Hamptons and… Source: Estate Agent News

Agents fined hundreds of thousands but they're not made public, claims NAEA

Estate agents have been hit with six- and seven-figure fines under new anti-money laundering and anti-tax evasion regulations according to the National Association of Estate Agents – but the penalties are not being made public. In a report released this morning on the business website Business Insider, Mark Hayward – chief… Source: Estate Agent News

Exclusive: another senior Countrywide exec is leaving the company

Another member of Countrywide's top table is leaving the company. Kate Brown, Countrywide’s human resources chief with the responsibility for implementing what the company called “our people agenda”, is leaving in March – the latest in a long line of recent management moves within and out of the firm. Estate Agent Today understands… Source: Estate Agent […]

Confidential Countrywide memo warns of 'challenging reaction' to figures

The Countrywide chief executive, Alison Platt, is said to have warned staff that the reaction from the markets and shareholders to the company’s recent financial performance is likely to be “challenging”. Estate Agent Today understands that a message sent to staff on Thursday – which was branded as confidential and not… Source: Estate Agent News