• Cedar House, Caen St, Braunton EX33 1AH

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Broken chains are biggest cause of fall throughs, costing buyers millions

Breakdowns within property chains are the most common cause of fall throughs, according to a new study. Over the last ten years, almost a third of people who have had an offer on a property accepted have seen the deal fall through before completion. More than two fifths of these people said… Source: Estate Agent […]

Agent transaction solution to go 'global' after raising £3m

A PropTech startup which claims to revolutionise the speed at which property transactions can be processed has officially launched this week. When You Move has also reported funding of £3 million and has revealed plans for 'global launches' thanks to its 'international scalability'. The agent and conveyancer-facing platform aims to speed up… Source: Estate Agent […]

Which occupation can afford the most homes in the UK's major cities?

A study of house price affordability has revealed that train drivers can afford a greater proportion of homes in the UK's major cities than other professions including police officers, teachers and social workers. The Office for National Statistics' latest Survey of Hours and Earnings places train drivers' average annual salary at… Source: Estate Agent News

Sotheby’s International Realty launches first 'agent-branded' augmented reality app

Sotheby's International Realty has launched what it claims to be the first 'real estate-branded' augmented reality (AR) app. 'Curate', which is now available on Apple iOS-enabled devices, allows prospective buyers and tenants to visualise a home as their own through virtually staged images. The app, which was made available on the Google… Source: Estate Agent […]

Agents Do Charity – on foot, by raffle and caked in mud

As we move towards another Bank Holiday Weekend, there is no shortage of phenomenal fundraising efforts from those in our industry.  If you've been acting in the name of charity and would like to publicise what you're up to, we'd love to hear all about it. You can get in touch with… Source: Estate Agent […]

Average house prices fall in all but one English region

Average property prices fell in all but one English region during March, according to the latest official UK House Price Index. Overall, the national average price fell by 0.2% between February and March – meaning the typical UK home is valued at £224,144. National annual growth remains steady at 4.2%, the index… Source: Estate Agent […]

Cash trolleys, Porsches and pampering – buyers' desperate acts revealed

To demonstrate the lengths some buyers will go to make sure their offer is accepted, NAEA Propertymark has asked its agent members to share the most extravagant things they have seen buyers do over the years. One buyer is reported to have presented themselves on the doorstep of the seller to… Source: Estate Agent News

ZPG sale to US tech firm expected to complete next quarter

Zoopla Property Group (ZPG) has confirmed that it expects its sale to Silver Lake to complete in Q3 2018. As part of its half-year results, issued yesterday, ZPG said it expects the details of the Silver Lake offer to be made available today. There will also be a shareholder meeting on June… Source: Estate Agent […]

Hunters opens Mid Wales office as it continues expanding west

National franchise agency Hunters has announced the opening of its latest branch in the Welsh town of Llandrindod Wells. The agency's third branch in Wales joins offices in Bridgend and Ogmore Vale, both opened in 2017. The Hunters Mid Wales branch is rebranding from Gwalia Properties – a brand which operated for… Source: Estate Agent […]

'Perfect storm' for agents involved in retirement housing sales

The retirement housing sector has increased its market share considerably in the last two years, creating a 'perfect storm' for estate agents involved in the sale of these properties. This is according to property chain management tool View My Chain, which calculates that retirement housing sales have increased their market share… Source: Estate Agent News