• Cedar House, Caen St, Braunton EX33 1AH

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In Defence Of Agents – the article a newspaper wouldn't publish…

A high profile agent has written a robust defence of the industry following a critical article in a business newspaper – but he says he has not been given a right of reply. Last spring City AM published a scathing attack on letting agents, describing many of them individually as "reliably awful"… Source: Estate Agent News

Good news for agents as transaction figures defy Brexit blues

There’s good news from the market - property transactions increased by 1.7 per cent between the start of this year and February, according to new figures from HMRC. There’s even better news on an annual basis – seasonally adjusted there were 101,780 residential transactions last month, equating to a 2.7 per cent yearly… Source: Estate Agent News

Agents being recruited as high end brand opens new office

Fine & Country is opening a new office in York, joining some 300 similarly branded outlets worldwide.  Frances Bowling, manager of Fine & Country in the city, says: “The office will be focusing on the luxury property market and providing a bespoke estate agency experience to sellers … We are looking… Source: Estate Agent News

Hunters' founder becomes latest MP to join TPO Conference panel

The founder of the Hunters franchise agency group, Kevin Hollinrake – now a Conservative MP – is the latest parliamentarian to join a panel at The Property Ombudsman’s conference in July. Hollinrake, MP for Thirsk and Malton, is parliamentary private secretary to DEFRA Secretary of State Michael Gove as well as… Source: Estate Agent News

Agents Do Charity – no extension needed when you're fund-raising…

As the clock ticks down and Britain’s future gets ever more difficult to predict, one of the few certainties to cling to is that agents, suppliers and others in the industry are ignoring the May-hem and instead carrying on regardless. That certainly applies to fund-raising – we’ve got another bumper week… Source: Estate Agent News

Over 1,200 agency offices shut in a year, claims newspaper

A newspaper claims that 1,228 estate agent branches closed on Britain’s High Streets last year. The Mirror’s business editor, Graham Hiscott, says the fall is down to online agents taking some market share, the struggling housing market and rising costs.  The story, unusually, gives no source for the figures, although the Mirror says… Source: Estate Agent […]

Major Purplebricks backer launches new PropTech start-up fund

One of the largest investors in Purplebricks has now joined forces with an off-shoot of luxury car firm Porsche to launch a PropTech service called REAL. The German publishing group Axel Springer in 2017 put £125m into Purplebricks, and last year worked with the hybrid to acquire German online agency Homeday. Now… Source: Estate Agent […]

Agents' worries grow as house price rises are smallest for six years

Average house prices in the UK increased by 1.7 per cent in the year to the end of January according to new government figures. This annual growth rate is sharply down from the 2.2 per cent reported a month ago and represents the lowest growth figure since 1.5 per cent reported… Source: Estate Agent News

‘Replacement for private treaty sales’ offered by online auctioneer

The Network Auctions ‘E” online property platform, used by an estimated 100 agents, has been revamped with vendors now offered three sale options. The platform says it now offers Auction, Buy it Now or Make an Offer options, and in all cases, the seller provides a legal pack in advance of… Source: Estate Agent News

Leasehold scandals deter buyers wanting new-builds – claim

A survey of owners has revealed that recent leasehold scandals have deterred many would-be buyers from considering new build homes.  The survey, from property management firm PBM, claims that 98 per cent of all new build properties sold in London in 2018 was classified as leasehold. And while the tenure is… Source: Estate Agent News