• Cedar House, Caen St, Braunton EX33 1AH

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Purplebricks ads confront 'best price' issue and mock High Street rivals

Controversial new Purplebricks advertisements on social media mock traditional estate agents who “twiddle their thumbs” in offices and claim the hybrid agency is incentivised to get the best price because it wants more positive reviews on Trustpilot. The videos – each 30 to 45 seconds long and posted on YouTube by… Source: Estate Agent News

Property deals account for one-third of all money laundering alerts

Almost a third of all ‘Suspicious Activity Reports’ concerning possible anti-money laundering infringements and reported to the National Crime Agency have involved property deals. Figures from data specialist Fortytwo Data, based on information from the Solicitors Regulation Authority, reveal that 32 per cent of all SAR ‘red flag alerts’ for the… Source: Estate Agent News

Agency claims prime central London market has bottomed out

The latest data from Knight Frank suggests that average prices in prime central London dropped 0.7 per cent in the year to the end of January. The agency says this is evidence that the annual declines recorded over the last 20 months have bottomed out. The firm has also analysed supply and… Source: Estate Agent […]

OnTheMarket share slide takes its market capitalisation to under £90m

OnTheMarket’s share price fell just over five per cent yesterday, continuing its troubled launch on to the London stock exchange. It lost around 10 per cent on Friday. This is in contrast to Rightmove’s share performance, up almost one per cent, and ZPG, up just over half a per cent. Yesterday was a relatively… Source: Estate Agent […]

Tepilo unaffected by Trinity Mirror's swoop on Northern & Shell

Tepilo has told Estate Agent Today that it will be unaffected by the sale of Northern & Shell Ventures’ publishing activities to the rival Trinity Mirror organisation. Northern & Shell Ventures has been a long-standing shareholder in the Tepilo business. Last August it declared that it owned 25 to 50 per… Source: Estate Agent News