What a big week for PropTech! With the very first MIPIM PropTech conference, taking place in Paris today and tomorrow, comes a milestone moment in recognition of technology’s sprawling presence at all property conferences around the world. Now that we’ve arrived here, with an enormous dedicated technology event, hosted by one... Source: Estate Agent...
June 2018
The housing market “is clearly currently struggling to gain traction” and any real upturn ”will remain elusive over the coming months” according to top economists. The EY Item Club, a group of influential economists who regularly feed in their thinking to the Bank of England’s monetary policy committee, says house prices... Source: Estate Agent...
Savills has suggested that it may be time for a fundamental review of what’s left of the flagship policy of Margaret Thatcher’s governments of the 1980s - Right To Buy. RTB, under which many social housing tenants can buy the properties they live in at discounted prices, was introduced in 1980;... Source: Estate Agent...
One of the country’s largest auction houses has had to amend an advertisement on its website after an intervention by the Advertising Standards Authority. Barnard Marcus Auctions is part of the Sequence group and is one of the largest residential property auctioneers in the UK, holding a monthly auction in London... Source: Estate Agent...
National Trading Standards Estate Agency Team and two of the three industry redress organisations have launched a survey to measure the use of referral fees amongst estate agents. The Ministry of Housing, Communities & Local Government has set up a working group to look in greater detail at the issue of... Source: Estate Agent...
A new online agency has started charging only 0.75 per cent commission, payable only on completion, with no VAT and no minimum contract period for vendors. Bliss Homes says it is aiming to shake up the sales market in the Dorset area, where it is based, but its website talks of... Source: Estate Agent...
So what did you think of the match? A deserved 2-1 win or a lucky victory snatched from the jaws of a draw? We’ve got an industry figure reviewing each match along England’s journey and we’re delighted to say Paul James, founder of Property Road, is our first pundit. Property Road is one of the... Source: Estate Agent...
There’s been a landslide vote to ban new-build second homes in another tourist hotspot. Some 90 per cent of those who voted in the tiny Cornish port of Mevagissey backed a local plan which would outlaw new-build second homes - although this would have no impact on existing homes which could... Source: Estate Agent...
A survey of owner-occupiers, landlords, property investors and insolvency practitioners has revealed that Brexit is the single biggest concern when it comes to the housing market. The study, by John Pye Property, found that 38 per cent of respondents highlighted uncertainty around Brexit as the biggest challenge affecting the property sector,... Source: Estate Agent...
The famed fund manager Neil Woodford has increased his stake in hybrid agency Purplebricks, which last week announced an expansion of its US activities. It’s now been revealed that Woodford Investment Management Ltd increased its stake in Purplebricks from 26 per cent to 27 per cent - it now holds a... Source: Estate Agent...