Connells has increased the temperature in its bid for Countrywide with a surprise statement this morning outlining risks run by Countrywide if it stays a standalone company. In particular, Connells pours cold water on an earlier and rival investment proposal by Alchemy, a private equity firm, which it dismisses as an "expensive corporate... Source: Estate Agent...
23rd November 2020
Agents should know in the next 36 hours how new Coronavirus restrictions will affect how they work. The Prime Minister is announcing tougher Tier restrictions to operate from the end of the England lockdown on December 2. Under the current England-wide lockdown agents have been able to work in branches but without widespread... Source: Estate Agent...
One of Countrywide’s two up-market brands, Hamptons International, has unveiled a new look which it describes as part of “a transformational brand refresh.” The new logo will go live across the company's network of 90 branches and online activities from December 7, at which time sales and lettings boards, window cards,... Source: Estate Agent...
The mixture of the stamp duty holiday and generally fast-rising house prices has led to a resurgence of flipping. Data released this morning by Hamptons International shows that across England and Wales during 2020 the proportion of homes sold twice in a 12-month period has reached the highest level since 2008. The... Source: Estate Agent...
Safety checks which are apparently now preventing thousands of owners selling flats are to be eased - but there is confusion over how this will help the market. Housing Secretary Robert Jenrick announced over the weekend that homes without cladding would no longer need an EWS1 external wall safety certificate -... Source: Estate Agent...
It may make little difference to agents but a leading analyst suggests thousands of buyers have effectively lost money on their purchase - even if they complete in time to secure the full stamp duty holiday saving. PropTech analyst and market commentator Anthony Codling, in a post on his website Twindig, says... Source: Estate Agent...
A mortgage technology platform has released figures suggesting the housing market remains strong, with high numbers of searches by buyers for the best loans. Twenty7Tec’s latest figures show the state of the mortgage market after the second week of the latest England lockdown. Weekly mortgage online search volumes are currently at 87.33... Source: Estate Agent...