Four Somerset estate agents have agreed to pay fines totalling over £370,000 to the Competition and Markets Authority, after admitting illegal price-fixing. The businesses - Abbott and Frost Limited, Gary Berryman Estate Agents Ltd (and its parent company Warne Investments Limited), Greenslade Taylor Hunt and West Coast Property Services (UK) Limited...
2nd March 2017
The fledgling Charter for Independent Estate and Letting Agents has released to the media the text of a complaint letter it has sent to hybrid agency Purplebricks. The 850-word complaint covers seven topics, alleges that Purplebricks’ ads are misleading to consumers and in violation of the UK Code of Broadcast Advertising... Source: Estate Agent...
Former Countrywide director Iain McKenzie is the new chief executive of The Guild of Property Professionals. He replaces Marcus Whewell who has been Guild CEO for nine years and is now Chief Financial Officer for parent company GPEA Ltd - which also comprises Fine & Country, PropertyLogic and PropertyPlatform. McKenzie has 30... Source: Estate Agent...
Connells Group has announced strong figures for 2016 with the total number of properties sold rising five per cent and lettings units under its management up 18 per cent. The group, which has diverse activities beyond sales and lettings, say an uplift in income from conveyancing of eight per cent, a... Source: Estate Agent...
With almost every pundit predicting house prices to moderate in 2017 - perhaps even fall - it comes as some surprise that annual vales in the year to the end of February actually rose according to new figures from the Nationwide. The annual rate of growth was little changed in February... Source: Estate Agent...