• Cedar House, Caen St, Braunton EX33 1AH

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Purplebricks hopes stamp duty reform campaign will dampen criticisms

Purplebricks – which is at the centre of a string of controversies – has joined the growing campaign for stamp duty to be slashed.  Over the weekend the hybrid agency hit the headlines because of a likely shareholder revolt this coming Thursday over executive bonuses. There has also been substantial speculation that… Source: Estate Agent News

House buying reform is centre stage at special ESTAS conference

The reform of the buying process is to take centre stage at a special conference called Bold Legal LIVE! taking place next month. Keynote speakers include the central figures involved in the government’s reform programme including Matt Prior, the lead official at the Ministry of Housing, Communities and Local Government, and… Source: Estate Agent News

Purplebricks’ biggest investor buys online agency ahead of Euro roll-out

The German-based Alex Springer publishing company, which is already the largest single investor in Purplebricks, has acquired a prominent online estate agency and property valuation service in France. The acquisition of MeilleursAgents was via Axel Springer’s subsidiary AVIV, and complements the Springer-owned French property portals SeLoger and Logic-Immo; it appears to be… Source: Estate Agent News

Property Jobs Today – your Monday fix of who’s moving where

It’s Monday so that can mean only one thing – a chance to catch up on the key moves in and out of positions in our industry. Property Jobs Today would love to feature what you and your firm are doing, too, so why not drop us a line at press@estateagenttoday.co.uk… Source: Estate Agent News

Tories set to allow more homes through relaxed planning laws

Briefings from the Conservative Party to The Sun newspaper suggest that the party will this week announce further relaxation in planning regulations aimed at the creation of more homes. Few specifics are set out but The Sun says: “Under the new rules, most house owners can add two more storeys to… Source: Estate Agent News

Cash buyers in retreat because of stamp duty, says Zoopla  

Cash buyers have fallen in 90 per cent of major UK cities over the past three years according to a Zoopla analysis – and the main reason is stamp duty increasingly hitting investors and holiday home buyers. In contrast, demand from mortgaged home buyers is continuing to grow amidst a backdrop… Source: Estate Agent News

Purplebricks facing shareholder revolt over top brass bonuses

Purplebricks is reported to be facing a shareholder revolt this coming week at its annual general meeting because of bonuses paid to senior management. The Sunday Times says the shareholder advisory service ISS is urging investors in the troubled hybrid agency to vote against the management’s financial statements at its AGM… Source: Estate Agent News

Agents hate Stamp Duty – but what happens in other countries?

Stamp duty won’t take centre stage at the Conservative Party conference – that’ll be Brexit, quelle surprise. But if the government next week unveils populist policies ahead of a General Election, expect reform of SDLT to be high on the list. We all know about the recent speculation: Boris Johnson may… Source: Estate Agent News

Foxtons shakes up senior management after shareholder revolt

London agency Foxtons has announced some management changes – the first since a shareholder revolt at the firm’s annual general meeting in May. After six years as chairman Garry Watts retires from the board before next May’s AGM; the company insists this is “in line with the board's succession plan.” Ian Barlow,… Source: Estate Agent […]

Three agents instructed to sell home seized by squatter

When Jasmine Fakir moved from her home in Brent, north London, to look after her ill mother she certainly did not want to sell it. Yet within days it was on the market with three estate agents, having been broken into and ransacked by squatters. Fortunately Brent council intervened after a tip off… Source: Estate Agent […]