• Cedar House, Caen St, Braunton EX33 1AH

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CMA launches investigation into sale of leasehold properties

The Competition and Markets Authority has formally launched an investigation into the sale of leasehold properties – including possible mis-selling. This follows major controversies surrounding the fairness, clarity and presentation of some leasehold contract terms, which critics have said could lead to people being stung by costly fees over a long… Source: Estate Agent News

PropTech firm offers agents ‘most important service since dawn of internet’

PropTech start-up BestAgent is to stage a day-long event for suppliers to the agency industry later this month. This follows BestAgent founder Charlie Wright saying his team has built “the most important new platform the residential property industry has seen since the dawn of the internet” which allows any supplier to offer… Source: Estate Agent News

Sentiment Soars: 80% of homeowners expect prices to rise this year

Over 80 per cent of home owners say they expect house prices to rise in their area before the end of 2019 – and that rise is typically approaching five per cent. Zoopla’s latest Housing Market Sentiment Survey found 81 per cent of owners expect rises averaging a hugely optimistic 4.8… Source: Estate Agent News

Surveyors' bid to improve floorplan accuracy doesn’t measure up – claim

A PropTech firm has repeated claims it first made in March about allegedly inaccurate floorpan measurement and says a new initiative by the Royal Institution of Chartered Surveyors is inadequate to protect consumers.  Three months ago Spec issued a press release claiming that estate agents in London were undervaluing properties because of… Source: Estate Agent News

Summer price surge set to compensate for early 2019 falls

An analysis of transactions agreed this spring suggests there will be a surge in prices which will ultimately be reflected later this summer when those deals complete. Home moving quotes service Reallymoving claims that sales agreed this spring suggest a remarkable nine per cent rise in average prices, which will register… Source: Estate Agent News

Independent agency joins high-end network for ‘tailored marketing’

Fine & Country has a new office in Hampshire as a result of an independent which has joined its network. Hampshirewide is a new independent agency in the region, run by founder and managing director Paul Wilkinson. It’s now joined the Fine & Country network which has offices in some 300 locations… Source: Estate Agent […]