• Cedar House, Caen St, Braunton EX33 1AH

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New stamp duty surcharge to be imposed on foreign buyers

The government has used this week’s Conservative party conference to announce a new stamp duty tax of one per cent to three per cent on foreign buyers of property in the UK. The party has leaked the news to selected journalists this morning. The Tories claim that research from York University shows 13… Source: Estate Agent […]

Ditch High Street branches and use serviced offices, urges agency chief

Increasingly cash-strapped traditional estate agencies should consider abandoning their High Street offices and work from serviced offices or similar lower-profile and more affordable alternatives. That’s the advice of Ben Taylor, managing director of Keller Williams UK. He says that as consumer behaviour changes and increasing amounts of property transactions are conducted online… Source: Estate Agent […]

eProp cements PropTech role as well as running Guild and Fine & Country

A statement to the London Stock Exchange by eProp Services has cemented its role primarily as a PropTech firm. This is in addition to having having its wholly-owned subsidiary GPEA licensing the Fine & Country brand as well as operating the Guild of Property Professional, while another wholly-owned subsidiary licenses the… Source: Estate Agent News

London house prices 'in the bubble risk zone' warns leading bank

London has been identified as one of a number of ‘bubble risk cities’ in a report by Swiss bank UBS. In a report prepared by the bank’s Global Wealth Management's Chief Investment Office, 20 major financial centres around the world have a spotlight put on them. Hong Kong faces the greatest risk… Source: Estate Agent […]

Some conveyancers to give upfront service and price information

Some conveyancers must publish some price and service information on their websites and in other media from December 6, according to a trade body. The requirements will be for convincing firms licensed by the Council for Licensed Conveyancers and is part of what the organisation calls “a cross-industry push to empower… Source: Estate Agent News

Agents Do Charity – £1m to £1…it's all hugely appreciated

Hello and welcome to this week’s Agents Do Charity – another chance to hear about the remarkable fund-raising done by our industry. We have some big figures, in every sense of the word, in this week’s roll call. Whether you’re raising £1m or £1, let us know: an email to press@estateagenttoday.co.uk… Source: Estate Agent News

Purplebricks claims 81% of listings sold within 12 months

The latest figures from Purplebricks, contained within the agency’s annual report released this week, claim that 81 per cent of its listings were sold within 12 months, in the year to April. Sold, in this case, being completed, exchanged or sold subject to contract – there are still no specific figures… Source: Estate Agent News

Coup for Yopa as ex-Knight Frank man joins to lead London agents

Yopa – the online agency with huge financial backing from Savills – has attracted a Knight Frank agent to become its regional director for London. Ben Ainsworth is to be responsible for overseeing the day-to-day running of Yopa’s London agents’ businesses “to ensure an exceptional standard of customer service is delivered… Source: Estate Agent News

Revealed – the housing minister known as 'the invisible minister'

A new book has revealed that one of the long line of recent housing ministers was known as “the invisible minister” because he kept such a low profile. It was Mark Prisk, who is still Conservative MP for Hertford and Stortford but who has not been in any government position since… Source: Estate Agent News

Millions wiped off Britain's most expensive homes, says Zoopla

Zoopla has once again released its list of the costliest streets in the UK – but for the second year running their values have fallen and are cumulatively worth millions less than they were at the peak of the market.  Kensington Palace Gardens in London W8 continues to hold the title… Source: Estate Agent News