Cedar House, Caen St, Braunton EX33 1AH

2nd May 2018

Humberts ‘inundated with offers’ – but some redundant employees unpaid

The managing director of troubled estate agency Humberts says he has been “inundated” with prospective buyers since news broke over last weekend that the firm was in talks with administrators.  Ian Westerling told Estate Agent Today: “We are seeking a purchaser for the business to try and safeguard as many jobs as... Source: Estate Agent...

OnTheMarket says it now has 7,500 branches on board

OnTheMarket says it has now struck listing agreements with 7,500 agency branches, adding over 2,000 branches since floating on the London stock market in February. In a statement to shareholders this morning it says: “The offering of predominantly free or discounted introductory rates is a key element of the company’s growth strategy,... Source: Estate Agent...

Ombudsman: few agent complaints compared to those over new homes

One of the three official redress bodies serving the estate and lettings agency industry has conducted a survey of complaints across the whole housing sector - and problems concerning agents form only 10 per cent of the total. Late last year the former Secretary of State for Housing, Sajid Javid, surprised... Source: Estate Agent...

PropTech Today: technology solutions; is this even legal?

Today is the day. 1,600 people will gather in London for FUTURE: PropTech, an event I have supported when there were fewer than 50 people in a room and it was a chance to chat to a few people over a beer.  It has come a long way since then. PropTech... Source: Estate Agent...

Agencies show faith in London market recovery by opening new offices

London’s housing market may be in the doldrums but two estate agencies have shown faith in its long-term recovery with moves into new offices. Winkworth has opened a new branch in Brentford - its third opening this year, and not its last according to the company.  Winkworth says the latest addition will... Source: Estate Agent...

ZPG sells overseas arm of Hometrack to Australasian portal firm

ZPG has sold the Australian arm of housing data company Hometrack to REA Group, a multinational digital firm specialising in portals and property marketing. REA Group operates three portals in Australia - for sales, for flat sharing and for commercial units - as well as portals in Asia, including the Chinese MyFun... Source: Estate Agent...

Massive wealth of older owners and buyers revealed by new survey

The massive wealth of owners over 55 has been revealed by a new survey. They own £938 billion of UK housing, a figure that will reach the £1 trillion mark this year according to research from consultancy CEBR and Legal & General, a major Build To Rent operator which now owns a retirement... Source: Estate Agent...

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