• Cedar House, Caen St, Braunton EX33 1AH

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Countrywide fat cats: crunch day for agency group's rescue deal

Today sees the first of a series of important deadlines which will determine the success of otherwise of Countrywide’s controversial rescue plan. However, it comes in the midst of a shareholder revolt over the pay of the troubled agency group’s senior management. Sky News’ respected City editor, Mark Kleinman, says the row… Source: Estate Agent […]

Emoov 'could be capitalised at £500m to £700m in next two years'

The chief executive of the newly-expanded Emoov group has been giving details of the merger with Tepilo and the possibility of his firm floating on the London Stock Exchange or combining with a traditional operator in the relatively near future. Russell Quirk, interviewed by financial news organisation Proactive Investors, says he… Source: Estate Agent News

Help To Buy – new figures show 420,000 completions

More than 420,000 people have now used the government’s Help to Buy schemes to get themselves on to the housing ladder according to new government figures.  A statement from the Ministry of Housing, Communities and Local Government says over 1.2m first time buyers have opened Help to Buy ISA accounts, which… Source: Estate Agent News

'Voluntary Right To Buy' pilot launched in one region

A regional pilot has been launched for what is called the Voluntary Right to Buy – a scheme giving housing association tenants the opportunity to purchase their homes at a discounted price. Under the scheme, housing association tenants will enter a lottery for a unique reference number which will start the… Source: Estate Agent News

Agents Do Charity: let us know what you are planning for Autumn…

As our minds turn to autumn, here’s a reminder that Estate Agent Today is on hand to help with your agency’s fund-raising.  We love helping those who do so much to raise money for good causes, so please just drop us an email at press@estateagenttoday.co.uk and let us promote your efforts. That’s… Source: Estate Agent […]

Countrywide reported to be facing fresh financial crisis

Sky News is reporting that Countrywide faces a new crisis – this time over senior management remuneration, particularly for its executive chairman Peter Long. The report says: Sky News has learnt that leading City institutions are planning to oppose a new incentive scheme that Countrywide wants to push through as part of… Source: Estate Agent […]

Agent defying advertising watchdog demands details of his 'penalties'

The estate agent who is refusing to abide by a decision of the Advertising Standards Authority is now demanding details of any penalties or other course of action.  Chris Wood of PDQ, an agency based at Helston in Cornwall, said in a tweet and a blog post that customers of Purplebricks… Source: Estate Agent News

Training is 'key to improve service levels' says agency boss

The UK division of US-based estate agency Keller Williams says agents need access to internal training if service levels across the industry are to improve – and if agents are to foster lifetime client relationships that are vital to success. Keller Williams UK cites The Property Ombudsman’s latest annual report showing… Source: Estate Agent News

Market woe – house price growth slumps to a five year low

House prices are rising at their slowest rate for nearly five years as London suffers its largest decline in prices since 2009 according to the Office for National Statistics. House prices rose 3.0 per cent year-on-year in June – the latest figures released yesterday – after a 3.5 per cent increase… Source: Estate Agent News

Buyers are increasingly just the older generation and well-off young

Home ownership among the young has fallen across all income groups according to a large scale research project looking at adults between 25 and 34. The research, by the Institute of Fiscal Studies for the BBC, shows that among the best paid fifth in that age group, with a family income… Source: Estate Agent News