• Cedar House, Caen St, Braunton EX33 1AH

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Clampdown on agents – Ombudsman to refer more to Trading Standards

The Property Ombudsman will in future refer more estate agents to the National Trading Standards Estate and Letting Agent Team if they are thought to breach certain guidelines.   Currently TPO refers a relatively small number of agents if they are clearly in breach of guidelines; such referrals are often subject to… Source: Estate Agent News

New industry regulator and qualifications ‘in place within two years’

A new industry regulator is likely to be in place within two years according to the chair of the government’s Regulation of Property Agents working party, ROPA. Mandatory qualifications for agents – whatever their previous experience – are likely to be phased in thereafter. Lord Richard Best told The Property Ombudsman conference… Source: Estate Agent […]

Countrywide sets next key progress date following minor share recovery

The next key date to measure the progress of Countrywide’s controversial Back To Basics programme is at the end of this month. July 31 has been earmarked for troubled estate agency group’s interim announcement to shareholders – when it will reveal its performance over the first half of 2019. In the past… Source: Estate Agent […]

Housing market – steady as she goes, suggests RICS

A more stable trend is now emerging in the UK housing market, according to the latest results for the RICS UK Residential Market Survey. The survey, out today, shows that in June interest from buyers rose by some 10 per cent, the highest monthly hike since shortly after the 2016 EU referendum; sales,… Source: Estate Agent News

Praise for estate agency diversifying into equity release

Specialist providers catering for the over-50s has welcomed a move by high-end estate agency Knight Frank to move into equity release. Commenting on the move, Ashley Shepherd – managing director of insurance firm Over50choices – says: “Today's equity release is not the same product as the one in the 1980's -… Source: Estate Agent News