• Cedar House, Caen St, Braunton EX33 1AH

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OnTheMarket: no comment on 'deferred debt for Yes votes' claim

OnTheMarket is declining to comment after suggestions were floated that some debts by its member agents could be deferred, or in some way lessened, if those agents choose to vote Yes to the float proposal by OTM parent company Agents’ Mutual. Estate Agent Today and other trade press outlets have received claims… Source: Estate Agent News

Fine & Country says Mayfair office stays – but more focus on B2B

Fine & Country and the Guild of Property Professionals are to keep their current Mayfair office on London’s Park Lane – contrary to some industry speculation – although they are to relocate the single negotiator dealing with direct customer enquiries. Fine & Country chief executive David Lindley has told Estate Agent… Source: Estate Agent News

Agents' Mutual using same float advisers as Purplebricks

The investment consultancy chosen by Agents’ Mutual to advise on its float plans – Zeus Capital – is the same one that assisted Purplebricks to float in 2015. Zeus describes itself as “an independent investment banking boutique” which, in its role as a broker, as helped raise in excess of £3.6… Source: Estate Agent News

'Expect big news soon' says online chief after cash injection

The chief executive of online estate agency eMoov – which has raised £9m in its latest investment round – says “more big announcements” are to be made by his company in the next few weeks. eMoov, which says it is now valued at £40m as a result, is planning to use… Source: Estate Agent News

Call for more women to enter agency and rest of property industry

The Royal Institution of Chartered Surveyors says more women should enter estate agency and other property sectors across the land and construction sectors as well. Fewer than a quarter of its student membership is female yet “we're facing the worst skills epidemic in decades” according to regional director Lynn Robinson. “Unfortunately women… Source: Estate Agent […]

Countrywide says Brexit is "biggest risk" to housing market

Countrywide has issued forecasts for the housing market over the next two years amidst a warning that Brexit volatility is the biggest risk to performance.   It says house price growth will slow across all regions over the rest of 2017 and into the first half of 2018; there will be a… Source: Estate Agent […]

Tory-led body says second home owners should be penalised more

A think tank says the penalties now levied against second home owners – such as the stamp duty surcharge and phasing out of buy to let mortgage interest tax relief – are not enough to address what it calls “the preserve of the wealthy.”   The Resolution Foundation – which has prominent… Source: Estate Agent […]

New tool allows portal searches by lifestyle needs, not by property

OneDome has launched a new online tool that allows users to scour Rightmove, Zoopla and OnTheMarket by setting up lifestyle criteria, instead of finding a property and then researching whether its location has the facilities the prospective buyer wants.   Users of the tool, called Discovery, firstly nominate a county to live… Source: Estate Agent […]

Agency with online option amongst new members of regional group

Experts in Property – the network of independent estate agencies across Cornwall, Devon, Dorset, Somerset and Bristol – has revealed two new members.   One is Harding & Wakefield, a Falmouth agency owned and run by directors Samuel Harding and Ben Wakefield. It has a traditional full service option for customers and… Source: Estate Agent […]

Asking prices fall – but that's in line with the seasonal norm

The typical asking price of a home coming on sale has fallen by 0.9 per cent, equivalent to £2,758 – precisely in line with the summer seasonal norm according to Rightmove.   This drop is very much in line with the average for this time of year, which has been a dip… Source: Estate Agent […]