Cedar House, Caen St, Braunton EX33 1AH

September 2020

New sleaze allegation against Housing Secretary Robert Jenrick

The Times has revealed new allegations concerning the behaviour of Housing Secretary Robert Jenrick. The Cabinet member has been under the spotlight for some months following revelations concerning his behaviour as the political head of the Ministry of Housing, Communities and Local Government. The longest-running controversy concerns a planning decision made by... Source: Estate Agent...

Agents Do Charity – a reminder we’re here to help through the virus

Hello and welcome to the latest ADC, your regular Friday round-up of great work being done by agents, suppliers and others in our industry. The news this week has made us all realise how long the current challenges will continue, so here’s a gentle reminder that if you are still able... Source: Estate Agent...

Agencies and businesses offered new tax and jobs schemes

Chancellor Rishi Sunak has outlined his measures to help agencies and other businesses survive Coronavirus. His announcements - endorsed by both the CBI and the TUC - came with a warning that the current restrictions and virus-related challenges will be lasting “at least six months”. His specific measures include:  - confirmation the furlough...

Propertymark names new leader for revamped organisation

Propertymark, which will from later this year combine both the National Association of Estate Agents and the Association of Residential Letting Agents into one body, has named its new leader. Here is this morning’s announcement from Propertymark: We are delighted to announce that Tim Balcon has been appointed to the newly created... Source: Estate Agent...

Will agencies benefit from Sunak’s new ‘after-furlough’ measures?

Chancellor Rishi Sunak today reveals his latest measures to help businesses - including agencies, suppliers and other parts of the property industry - to weather the latest Coronavirus challenges. Many agencies, from the large corporates to small independents, took advantage of the furlough system introduced six months ago; this paid up to... Source: Estate Agent...

Self-employed agency model booming claims high end brand

The frenzied housing market and the uncertain wider economic outlook during the pandemic have combined to lead to a surge in agents wishing to become associates under the Fine & Country banner. Nicky Stevenson, managing director of Fine & Country UK, says 78 associates have joined the brand with a further... Source: Estate Agent...

Portal promotes “free money” referral fees despite industry probe

One of the many new portals recently launched has made a pitch for agents to join because of its referral fees - and it describes these as “free money”. OpenBrix, which launched this month, says agents who sign up can “start earning free money immediately.” This pitch comes despite the National Trading... Source: Estate Agent...

New PropTech products aim to help transparency and Covid safety

New PropTech products continue to appear, many aimed at enhancing transparency in buying and selling, or helping agents adopt new ways of working. One such product, just launched, is mio’s chain view API which the creators claim will, for the first time, allow all parties involved in a sale or purchase to... Source: Estate Agent...

Vendors spend extraordinary sums each day to sell their homes

Vendors spend an average £41 a day for 144 days when selling their home - but some spend a remarkable £140 a day on average. GetAgent, which compares costs and service levels of estate agencies, has come up with the figures after analysing market data. It says with the current average house price in... Source: Estate Agent...

Agents work just two-thirds of their maximum hours – claim

Figures drawn up by a property industry recruitment guru show that estate agents work only two thirds of the hours they could - and that’s sizeably less than solicitors, accountants and surveyors. Rayner Personnel says it’s settled on the figure after using a benchmark of the government’s working time directive, which... Source: Estate Agent...

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