Cedar House, Caen St, Braunton EX33 1AH

16th March 2017

Countrywide shares hit record low after bank downgrading

Swiss bank UBS has downgraded Countrywide’s status to ‘sell’ in a move which has prompted the troubled estate agency’s share price to tumble further on the London stock exchange.    In a note to investors UBS analyst Heidi Richardson says Countrywide is undergoing “structural headwinds.” She also suggests that the estate...

Guilty – agent admits 76 offences involving thousands of pounds

An estate agent will be sentenced next month after pleading guilty to 76 fraud offences.   The Get Surrey website reports that Ayodele Oladuti, 29 - living in south Croydon but working at an agency in Epsom, Surrey - photographed bank cards on his phone and took bank statements and other documents... Source: Estate Agent...

Strutt & Parker and French bank remain silent over acquisition talks

Both Strutt & Parker and the French bank BNP Paribas are declining to comment on speculation that the finance house is considering buying the agency.   We reported yesterday that the Financial Times claimed BNP Paribas, the largest bank in France, had been in talks for several months to acquire high-end estate... Source: Estate Agent...

ESTAS reveals People's Award shortlist – are you on it?

The ESTAS has announced its final - and to some its most prestigious - shortlist for this year’s awards.     The People Awards, sponsored by leading software provider Reapit, is a special category which puts the spotlight on individual staff who have consistently gone the extra mile to help clients.     Just... Source: Estate Agent...

NAEA/ARLA Propertymark to advertise at Sky Sports events

Propertymark, the new brand umbrella for the National Association of Estate Agents and the Association of Residential Letting Agents, is to advertised its logo on perimeter boards during 20 live Sky Sports events throughout 2017. Propertymark says this will attract a TV viewership of approximately 9.5m between the ages of 18 to... Source: Estate Agent...

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