• Cedar House, Caen St, Braunton EX33 1AH

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OnTheMarket: record traffic as agents take up low-cost, shorter contracts

OnTheMarket has this morning posted its latest results to the stock market. The portal reports that 2,346 branches had converted to full-paying contracts as of September 30, paying an average of £288 per month. Some 42% of agents are under long-term contracts of three or five years. However, as announced in September,… Source: Estate Agent […]

New online auction service launches, pledging a fairer service

A new online auction service has launched this week, pledging a fairer service for agent partners, as well as buyers and sellers. My Auction is distancing itself from the Modern Method of Auction (MMA), which has been controversial due to a perceived lack of transparency and high buyers' fees. The service has… Source: Estate Agent […]

Regulation will drive more consumers to DIY approach, says agency boss

The boss of a 15+ branch estate agency group has explained how he thinks regulation could 'ruin' the estate agency industry. Simon Shinerock, chairman of Choices Estate Agents, says proposed plans to regulate estate and letting agents could drive more consumers towards DIY sales and lettings. He says this is because regulation… Source: Estate Agent […]

50-year old regional agency group announces latest acquisition

A regional agency operating across Oxfordshire and Buckinghamshire has announced an acquisition which adds two branches to its network. This week, Alexander & Co has purchased Ella Homes, expanding its branch locations to include Buckingham and Winslow. Ella Homes will continue to operate under its original name and will retain its current… Source: Estate Agent […]

First-time buyers: 60% of all UK property is exempt from stamp duty

Of all the UK properties for sale over the last year, 59% would have been exempt from any type of transaction tax for first-time buyers. Zoopla has crunched the numbers by analysing its listings across 12 months and then comparing prices to the tax thresholds across England, Scotland and Wales. In England,… Source: Estate Agent […]