Cedar House, Caen St, Braunton EX33 1AH

22nd October 2020

Major Countrywide shareholder rejects investment proposal

One of Countrywide’s largest shareholders has come out against a £90m investment package in the company proposed by a private equity firm. Early today Countrywide group announced a £90m investment by Alchemy Partners, a private equity company that specialises in investing in distressed and undervalued or underperforming businesses. But now Catalist Partners... Source:...

Countrywide gets £90m lifeline and top management clear-out

The troubled Countrywide group has announced a £90m investment by Alchemy Partners, a private equity company that specialises in investing in distressed and undervalued or underperforming businesses. In an unexpected trading statement this morning Countrywide said it will receive the investment in return for a streamlined board including the removal of chairman... Source: Estate...

Purplebricks’ big new idea – meditation for movers

Purplebricks is the first estate agency in the country to launch a meditation service to ease “the emotional rollercoaster felt by sellers and buyers.” The agency - which will shortly reveal a new pricing structure - says the new meditation service will “ease some of the most challenging stages of a... Source: Estate Agent...

Speed of conveyancers and lenders will decide short-term market – claim

Savills says the shape and size of the housing market in the coming months will be determined by the capacity of conveyancers and lenders to respond to demand. Lucian Cook, the agency’s head of residential research, says figures on sales and prices demonstrate the widely-acknowledged increase in activity in the housing market.  He... Source: Estate Agent...

Soon-to-launch Boomin portal not just for sellers and buyers – claim

One of the latest 10 agents joining the still-to-launch Boomin portal says it could be the go-to website for all property issues - not just buying and selling. Karl Tatler, managing director of the Karl Tatler agency on The Wirral, is one of four agents to have their testimonials issued to... Source: Estate Agent...

Tax expert claims buyers of homes-with-annexes may pay excess SDLT

A tax expert says his research suggests some buyers of homes with annexes may have paid too much stamp duty on their purchases. The Cornerstone Tax consultancy says there are now nearly 39,000 so-called granny annexes in England and Wales alone – an increase of 16 per cent in recent years. The consultancy says a lesser... Source: Estate Agent...

London buyers flee centre for outer areas, reports Rightmove

A new analysis of searches and leads to agents by Rightmove suggests buyers in London are deserting central locations in favour of the fringe. This is a reversal of the trend a year ago, and for some time before that, where buyers in London sought as central locations as they could afford. While... Source: Estate Agent...

Compare listings

Compare