Cedar House, Caen St, Braunton EX33 1AH

2nd November 2020

Boomin reveals 'lifetime revenue' potential for agents

Advanced information released today about Boomin suggests it will seek a much closer relationship with agents than existing portals, with lifetime revenue potential. In a briefing this afternoon the portal - expected to go live in the next few weeks, and free to agents until January 2022 - revealed a number... Source: Estate Agent...

Countrywide meeting later this month to decide company fate

Countrywide is to hold a special general meeting on November 18 to consider its future ownership and structure. Last month 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 one of Countrywide’s largest existing shareholders, Catalist... Source:...

Mortgage holiday set to be extended as housing market stays open

There’s one key takeaway for agents from the weekend’s announcements on the next England-wide lockdown - the housing market is staying open. However, there will be some short-notice changes on the fringes of agency activity. This includes an extension to the owner occupiers’ and landlords’ mortgage holiday; and an extension of the... Source: Estate Agent...

Purplebricks delays fees re-structuring again

Purplebricks has issued a statement to its shareholders saying it’s ‘never been more relevant’. However, the expected radical change to its fees structure appears to have been delayed again. Four options for new fees have been trialled by the company in the lead up to the spring lockdown and it had been expected one... Source: Estate Agent...

Phil Spencer: Conveyancing – don't battle what you can't control

We can all agree that the recovery of the property market since May has been outstanding. The latest data from Zoopla declares that the market has experienced its busiest ever autumn, with 140,000 more buyers waiting to complete transactions in comparison to this time last year. One of the main drivers... Source: Estate Agent...

Does being Covid-safe at home artificially lift house prices?

A leading market analyst says the widespread belief that we are ‘safe’ in our homes may indirectly lead to the recent surge in house prices, which appears to show no sign of abating. Anthony Codling - the analyst who shot to fame for his searing critique of the sales performance of... Source: Estate Agent...

Stamp Duty receipts up despite first time buyer exemption

Figures just released from HM Revenue & Customs show just how much stamp duty buyers pay, at least before the current holiday exemption. For transactions in the year to April 2020 - so including a little of the spring lockdown period, but none of the current SDLT holiday - residential stamp duty... Source: Estate Agent...

ESTAS and Agents Together form partnership to help industry

The ESTAS awards service and the Agents Together foundation are entering into a partnership. That means all ESTAS customer agents will be encouraged, if they wish, to access the initiatives offered by the foundation such as its mentorship scheme, educational webinars and an upcoming Virtual Mental Health Roadshow. Agents will be able... Source: Estate Agent...

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