Cedar House, Caen St, Braunton EX33 1AH

20th October 2020

Over 700 agency branches fail to reopen after spring lockdown

Some 713 estate agency branches have failed to reopen following the spring lockdown according to a business consultancy. TwentyCi says that is the equivalent of a 3.5 per cent drop in the total number of High Street branches: it has no finer detail on the closures, so cannot be clear as to... Source: Estate Agent...

Portal wants to list appraisal properties, not just formal instructions

Another new property portal has been launched, this one - Mutual - describing itself as the ‘Pre-Portal Property Platform for estate agents.’ Mutual allows potential vendors to gauge the level of buyer-interest in their property, by listing it pre-sale; they then see how many registered buyers view their details via a dashboard.  “Mutual... Source:...

London’s Foreign Buyers: surprise country heads global league table

The country producing the largest number of buyers of prime London properties is not China, nor from north America or the Middle East as one might imagine. Instead it’s France, according to data from Knight Frank. The French accounted for 11 per cent of all transactions involving overseas buyers in the first nine... Source: Estate Agent...

£1m-plus sales soar but will future buyers beat stamp duty deadline?

Sales of £1m-plus homes have surged since lockdown as affluent buyers seek more space and lifestyle changes.  An average of 868 £1m-plus sales have been agreed each week since the beginning of June, which is some 66 per cent higher than the weekly average of 522 over the same period in... Source: Estate Agent...

Call for mortgage guarantee scheme plus longer stamp duty holiday

The National Association of Estate Agents wants the government to initiate a mortgage guarantee scheme to encourage more 95 per cent loans, as well as an extension to the current stamp duty holiday. In its submission to the government ahead of the Comprehensive Spending Review 2020, NAEA Propertymark makes a series... Source: Estate Agent...

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