• Cedar House, Caen St, Braunton EX33 1AH

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Second office for 'new breed' agency with no shop front

A 'new breed' estate agency with no shop front, which uses bloggers to market its properties, has announced the opening of its second office. Lodestone Property, which was launched in September 2016 in Bruton, Somerset, has expanded into Wells and increased its staff size to six. The agency is run by self-professed… Source: Estate Agent […]

Countrywide: major investor reduces holding as share price sinks further

One of Countrywide's major investors has significantly reduced its holding in the troubled estate agency group. Oaktree Capital yesterday lowered its stake in the company to 18.28%, down by almost half from 30.13%. Another investor, Investec Asset Management, increased its stake in the group yesterday from 5.75% to 12.5% The Countrywide share price… Source: Estate […]

Former Foxtons agent launches business in challenging London market

A new estate agency has opened its doors in North London, despite operating in what it describes as a 'weak' London market. JT Homes has been launched by Josh Tenenblat and will cover Hendon, Golders Green, Finchley and Hampstead Garden Suburb. The property entrepreneur says he wants his agency to give clients… Source: Estate Agent […]

Extra funding for agent-partnering online auction platform

The online auction platform BidX1 has announced a strategic investment which will be used to accelerate its growth. The investment comes from funds managed by private equity house Pollen Street Capital, although the specific details have not been disclosed. BidX1, which launched in Ireland, allows users to buy or sell property online… Source: Estate Agent […]