Cedar House, Caen St, Braunton EX33 1AH

June 2018

Commisery for Purplebricks – it's hit trouble in Australia

It looks as if Purplebricks has hit something less than a purple patch in the Australian housing market. The Australian Financial Review, a financial publication that has run several extensively-researched pieces on the hybrid agency since it launched down under in 2016, says its local property experts in the country are... Source: Estate Agent...

Rebranding gives agency its 25th office in London

Hunters is hoping to defy the long-running slowdown in the London market with the opening of a new branch in Greenwich.  The office previously traded as Riley Marshall and takes the number of its branches in the capital to 25. Nationwide, the franchise company now has over 200 offices. The managing director of... Source: Estate Agent...

London market pain goes on as top builder warns on Brexit

High-end housebuilder Berkeley Homes says “macro and political uncertainty, including Brexit” is leading to some developers previously building in London to exit the sector. Tony Pidgley, chairman of Berkeley Homes, says while his company’s completions increased in number by 16 per cent during 2017, and starts increased by five per cent,... Source: Estate Agent...

Agents Do Charity – as we all wait for Sunday's big game…

If World Cup 2018 appeared to be low profile at the start, it didn’t last long. Following this week’s Harry Kane goals and England’s 2-1 win, we’re now all waiting to see what happens on Sunday afternoon against Panama. But while much of the nation has been focussed on this, many dedicated... Source: Estate Agent...

Asking prices may have to be cut as hybrid agency reveals 'reality gap'

A major hybrid agency says there is a huge ‘reality gap’ between the typical asking price of homes on sale and the price they actually sell for - and it's warning that many sellers will have to accept less.  The warning comes from the Emoov Group - now embracing Tepilo and lettings... Source: Estate Agent...

Agents clash over whether prime London still appeals to investors

Prime London’s transactions are now the preserve of so-called ‘needs-based buyers’ and not investors according to high-end agency Knight Frank - although at least one agency appears to disagree with the claims.  James Clarke, a regional head for Knight Frank in London, says transactions in the existing homes market are increasingly... Source: Estate Agent...

Fund for tragic agent who died aged 27 has now hit £500,000 target

A fund set up in memory of a 27 year old estate agent, who died of cancer just weeks after his wedding, has reached its target of £500,000. The Sam Keen Foundation, was set up in 2011 after Sam died. He was first diagnosed with cancer when he was a student at... Source: Estate Agent...

Anti-money laundering checks can be conducted remotely via app

A new anti-money laundering app has been launched which allows agents to conduct checks remotely.  The app allows access from devices - iPhones, Androids and tablets - to the AML verification platform already used by some 3,000 businesses worldwide.  The SmartSearch app allows electronic verification of all documents remotely, allowing the checks... Source: Estate Agent...

Why rent? It's now cheaper to buy than rent in every UK region

Potential first-time buyers in every area of the UK would have lower monthly outgoings if they bought a property rather than renting one, new research claims.  The research, by Santander, shows that homeowners could save £2,268 a year if they were able to purchase a property rather than rent.  The average monthly... Source: Estate Agent...

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