The Financial Times is reporting this afternoon that BNP Paribas, the largest bank in France, is in talks to acquire high-end estate agency Strutt & Parker. The FT says talks have been going on for several months and may not lead to a deal; both the bank and the agency declined... Source: Estate Agent...
15th March 2017
One of Countrywide’s most senior management figures has become the managing director of the UK activities of US estate agency Keller Williams. Ben Taylor was managing director of John D Wood. During his tenure in charge at John D Wood he presided over the re-labelling of six other Countrywide brands - Alan de Maid,... Source: Estate Agent...
The Conveyancing Association wants the creation of a ‘log book’ and ‘Home Reports’ for each home on sale - reminiscent in principle to the ill-fated Home Information Packs as well as unsuccessful services such as the Veyo e-conveyancing project. The CA has in recent months issued a so-called ‘white paper’ discussion... Source:...
A new recruitment business for the property industry in general and agents in particular is offering a phased-fees system for clients - and a pledge to pay £10,000 if a new recruit later moves to another company using the same recruitment firm. Crux Careers - a company set up by experienced... Source: Estate Agent...
This week I’m lucky enough to be out here in Cannes as a PropTech Ambassador for MIPIM, the international real estate exhibition, conference and networking event. It’s an extraordinary event spread over 5 days, bringing together 21,000 of the world’s biggest property players. It’s anticipated that more money will be spent... Source: Estate Agent...
Data from the Council for Mortgage Lenders show that loans taken out by buyers have hit a near two-year low. Home buyers borrowed £8.4 billion in January, down 28 per cent on December and unchanged on January 2016. This came to 45,700 loans. First-time buyers borrowed £3.6 billion for home-owner house purchase,... Source: Estate Agent...
Research from the consumer organisation Which? claims that first time buyers are typically saving for anything up to a decade for a deposit for a home. In a survey of more than 1,000 first time buyers, some 69 per cent said it took more than two years to build their home... Source: Estate Agent...