Cedar House, Caen St, Braunton EX33 1AH

10th May 2018

Sigh of relief as interest rate rise put off for now

The Bank of England’s Monetary Policy Committee has decided to keep the base rate unchanged at 0.5 per cent this month. The vote amongst the nine members was 7-2 - unchanged from the previous month. It said that the weak economic growth at the start of the year may have been... Source: Estate Agent...

OnTheMarket – Is it now taking aim at Rightmove?

An online question-and-answer article with OnTheMarket chief executive Ian Springett has suggested that its focus of criticism may be shifting from Zoopla to Rightmove.  The article, in the Directors’ Talk series on directorstalk.net, goes over familiar ground as to why OnTheMarket was set up in response to what Springett calls “a... Source: Estate Agent...

Going down – prime London at risk of another 5% price fall

Strutt & Parker has repeated its warning that the market in prime central London could see a typical house price fall of 5.0 per cent this year. In the latest research released by the agency and economic consultancy Volterra it says sentiment across the whole UK remains “very cautious” and that... Source: Estate Agent...

Countrywide not in a rush to get a new chief executive

Countrywide is in no rush to appoint a new chief executive, following the experience of having Alison Platt in the post between September 2014 and January this year. Instead, Estate Agent Today understands that the senior management structure currently at the helm will continue at least until the announcement of Countrywide’s... Source: Estate Agent...

Goldman Sachs pours millions into mortgage Tech project

Trussle, which describes itself as the UK’s first online mortgage broker, has won £13.6m in financing from international investors led by Goldman Sachs.  Trussle, launched in 2016, has been spearheading a much needed revolution in the mortgage market by - in its words - “harnessing technology to offer consumers a fairer,... Source: Estate Agent...

A dreary housing market? Not for this auctioneer…

Recent figures from the mainstream housing market may suggest a disappointing performance so far this year but Auction House, the UK’s largest property auctioneer, says it has seen the highest number of April sales in its 11 year history. The auctioneer sold a total of 306 lots during the month -... Source: Estate Agent...

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