A statement this morning from Countrywide's board says both its executive chairman and its group managing director are leaving the company. It has also rejected a proposal put forward by one of its shareholders - Alchemy Partners, a private equity company - for a £90m investment in the company. It says it... Source: Estate Agent...
24th November 2020
Connells Group has announced a major recruitment drive as it looks to create 250 new agents' positions - and it’s launched the campaign with a veiled jibe at Countrywide. Yesterday morning Connells issued a statement saying due diligence had been completed and it was re-confirming its offer of 250p per share... Source: Estate Agent...
Propertymark is in touch with the government to see how the new Tier structure being introduced on December 3 will affect agents. A statement from the organisation overnight said: “Propertymark is in contact with the Ministry for Housing, Communities and Local Government to understand whether there will be any impact on... Source: Estate Agent...
Agents anxious to know if they will receive a payout from their Business Interruption Insurance will have to wait still longer - possibly until the New Year. A Supreme Court appeal has finished a four day hearing on the isssue, which followed a High Court ruling back in September which broadly... Source: Estate Agent...
The agency industry’s new leaders for the coming year have expressed strong support for reform recommendations promoted by the Regulation of Property Agents’ working party, currently awaiting implementation by government. The new leaders have been named as Liana Loporto, President Elect for NAEA Propertymark and Stephen McCarron, vice president. And David...
Two prominent suppliers have teamed up to offer customers instant visibility of chain lengths, details of agents connected to properties being sold, and the ability to track each transaction’s major milestones. View My Chain - which has linked its API with DezRez - says its data has been proven to reduce... Source: Estate Agent...
A survey of completion times for house sales over the past four years suggests that the worst performing local authority area in the UK has a typical transaction of over 200 days. The study does not look at the current ‘abnormal’ situation with a glut of deals underway to beat the... Source: Estate Agent...