Cedar House, Caen St, Braunton EX33 1AH

7th October 2020

Online market share revealed – with Purplebricks way ahead

A new survey of the market share split between High Street and online agencies shows that Purplebricks remains the digital market leader by a substantial margin. An online agency comparison service called Onlineagentpicker says overall online market share is now 9.44 per cent. The figure is calculated using the number of active... Source: Estate Agent...

London house prices over-valued despite Brexit doldrums – bank

London’s properties are “over-valued” according to a leading bank. UBS, which has what it calls a Global Real Estate Bubble Index, says Munich and Frankfurt top the league table of overheated city markets, with Paris and Amsterdam closely following suit.  Zurich, Toronto, and Hong Kong also display similar characteristics.  However UBS says...

PropTech Today: the challenge with iBuyers

Recently, when giving speeches, I have discussed investment trends and industry trends that the built environment is experiencing. They are quite contrasting, but perhaps with good reason. On the one hand, the trend for venture capital investment in technology suppliers is currently bias toward the underlying infrastructure. This is no surprise... Source: Estate Agent...

End of mortgage holiday could spell disaster for many – claim

A new paper from a think tank warns that many low income owner occupiers risk losing their homes when the mortgage holiday arrangements end.  Even with the Job Support Scheme replacing the furlough system, many could struggle to pay mortgages without reform to the support available, claims the Centre for Policy... Source: Estate Agent...

Long-standing regional agency acquired in management buy out

A North of England estate agency has been acquired in a management buyout. Dowen Estate Agents has eight branches across the North East, plus three dedicated auction stores.  After running the business since founding it in 1982, managing director Denis Dowen has transferred the agency’s corporate ownership to two members of his... Source: Estate Agent...

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