• Cedar House, Caen St, Braunton EX33 1AH

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Estate agencies top league table of shop closures across Britain

New figures released to Estate Agent Today show that a net total of 284 agents’ offices closed down in 2018. This number – which represents 3.4 per cent of all agents’ offices across Britain – means estate agency is the single most badly-affected retail sector seeing branch closures last year according to… Source: Estate Agent News

NAEA and ARLA launch training and compliance service for agents

NAEA and ARLA Propertymark have launched an initiative called Propertymark Inspire to promote training and compliance awareness amongst agents.  A statement says the move is “led by members and designed for members to benefit from industry leading trainers.”  It’s aimed at independent agents who have to juggle with a difficult market, complex and… Source: Estate Agent […]

PropTech Today: We can’t ignore the technological underclass

One of my biggest concerns in all of my writing, speaking and influencing around PropTech is that for the people we leave behind. I call them the ‘technological underclass’. If we are not careful, while we push ahead, forging a future for our agencies, we risk forgetting an entire section of… Source: Estate Agent News

Sales-per-branch increase despite slump in available stock

The number of sales agreed per branch has increased for the first time this year, rising from an average of seven per branch in March to eight in April. This figure – produced by the National Association of Estate Agents – is the highest since October 2018. But the NAEA also says… Source: Estate Agent […]

Good news as mortgage approvals show significant rise

The number of mortgages approved by High Street banks increased 5.4 per cent to 44,000 in April. Data from trade body UK Finance shows that approvals for home purchase were 8.6 per cent higher than in April 2018 while remortgage approvals rose by 2.2 per cent. However, gross mortgage lending across the… Source: Estate Agent […]

Vendors accepting larger discounts off asking prices, says Zoopla

The gap between average asking prices and average selling prices has increased in recent months according to Zoopla. Its latest study of 16 major cities across the country shows that all bar one showed a widening of the gap in the first quarter of this year compared with 2018. The current UK… Source: Estate Agent […]