Cedar House, Caen St, Braunton EX33 1AH

30th July 2019

easyProperty acquired by firm with backing of Stelios Haji-Ioannou

Online estate agency EasyProperty has been acquired by a firm with the backing of Sir Stelios Haji-Ioannou. easyProperty has been sold by the eProp Services Group PLC, parent company of The Guild and Fine & Country, and has been acquired by industry supplier firm Evolve. The deal will complete within the next 48 hours. Evolve... Source: Estate Agent...

OnTheMarket boss tells agents not to increase Rightmove exec bonuses

A note sent out by OnTheMarket chief executive Ian Springett has suggested that the way estate agents work may directly lead to increases bonuses for Rightmove executives. In a note which some may see as ‘playing the man, rather than the ball’, Springett tells OTM member agents that everyday activity by... Source: Estate Agent...

Branch closures boost profits at Your Move and Reeds Rains

LSL Property Services, parent firm of Your Move and Reeds Rains, says the company’s branch closure programme was a success with profits per remaining branch up, despite a dip in overall agency revenue. During the first half of the year the Your Move and Reeds Rains networks were downsized from 308 owned branches... Source: Estate Agent...

Boris Johnson’s stamp duty chatter could paralyse market – fear

Housing experts have expressed their concerns that speculation about a radical stamp duty reduction to be introduced by Boris Johnson’s government could effectively paralyse the market ahead of any eventual announcement. For some months, during his party leadership campaign, Johnson pledged that should he come to office he would reform stamp... Source: Estate Agent...

Supply dips but housing market stronger than expected say agents

The National Association of Estate Agents says that  both demand and particularly supply have dipped in the past month - but overall the market remains stronger than expected given the ongoing economic and political uncertainties. The latest report from the NAEA, applying to June, says the number of house hunters registered... Source: Estate Agent...

Market stalls in south of England cities but north begins to boom

The average house price growth across southern cities is running at the lowest level recorded since January 2012, according to Zoopla.  Prices grew by just 0.7 per cent in southern cities in the 12 months to June 2019. House price movements in southern cities ranged between growth of 2.0 per cent in... Source: Estate Agent...

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