• Cedar House, Caen St, Braunton EX33 1AH

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Countrywide price slides further on first day of new shares trading

Following the first day of trading its new shares yesterday, Countrywide's share price finished at 12.52, down almost 4%. The new shares were launched at 8am yesterday after a General Meeting of investors on Tuesday when shareholders backed a management bid for £140 million in additional funding. The fundraising proposals were backed by… Source: Estate Agent […]

Sellers on the back foot as first-timers take advantage of slow market

Property sellers have been on the back foot over the slow summer period, according to the latest report from NAEA Propertymark. This has seen first-time buyers taking advantage of increased property supply and lower overall demand. The organisation's monthly survey of estate agents found that 30% of all sales in July… Source: Estate Agent News

We are fastest growing premium estate agent, says Fine & Country

Fine & Country is claiming to be the fastest growing premium estate agency brand in England and Wales over the last 12 months.  The agency, which operates across 220 UK locations, reports to have grown by almost 20% year-on-year. Its figure comes from analysis by statistics firm TwentyCi and relates to the… Source: Estate Agent […]

Winding up: agency closes and 30 complaints made about customer money

An established estate agency in Guernsey is being listed as 'voluntarily winding up' and liquidators have been appointed. Concerns about Sarnia Estate Agency, which is located in the island's capital St Peter Port, first emerged earlier in the month when a tenant accused the firm of pocketing her £2,000 deposit. The agency's… Source: Estate Agent […]

Agents Do Charity – from Sheffield to Monte Carlo, via Aylesbury

As summer turns to autumn over the next few weeks, that won't stop the nation's agents and property professionals from raising money for a host of worthwhile causes. Here's our latest roundup and if you'd like to be mentioned in the future, all you need to do is let us know… Source: Estate Agent News

Rightmove 'may drop out of FTSE-100 within days'

Speculation is growing that Rightmove could drop out of the prestigious FTSE-100 within the next few days as the stock exchange index undergoes a reassessment of entries. The financial services publication Mortgage Strategy cites investment advisory service the Share Centre as saying Rightmove is in pole position to drop out of… Source: Estate Agent News

Surge in online survey scams, warns leading chartered surveyor

A warning to people selling their homes to beware of internet-based scams offering cut-price surveys has been sounded by a leading chartered surveyor in Scotland. Eric Curran, managing partner of DM Hall – one of Scotland’s largest independent firms of chartered surveyors – says the scams have come to light thanks… Source: Estate Agent News

Downsizing stamp duty exemption 'would boost market and Treasury'

Over a fifth of pensioners say they would be encouraged to downsize if there was a stamp duty incentive – particularly an exemption – to help them do so.  McCarthy & Stone, the retirement developer which commissioned a survey of pensioners, says this is equivalent to almost 2.6m over-65s who would move. This… Source: Estate Agent […]

Inheritance is key for some first time buyers, new data shows

A full 100 per cent of 20 to 24 year olds hope to buy their own home one day -  but this slumps to just 59 per cent for 25 to 34 year olds. A report by law firm Collyer Bristow – called Home Ownership Attitudes and Aspirations – is based… Source: Estate Agent News

Sales and lettings agencies merge under single management

Two local agencies in Lancashire – Northwood Lettings and Fisher Wrathall Sales – are merging to operate as a single entity.  The pair will run under the ownership and management of Northwood’s Lancaster branch. Mark Chenery, the new owner, has told the local press in the area: “It’s a very exciting and… Source: Estate Agent […]