Cedar House, Caen St, Braunton EX33 1AH

May 2021

Propertymark heaps praise on government’s First Homes policy

Propertymark has thrown its weight behind the government’s First Homes initiative, describing it as “creative” and saying it’s a sign of how the Westminster administration “recognises the importance of home ownership.” The government has this week announced more details about First Homes, which will see selected new builds sold at a... Source:...

Agency group’s £12m windfall by off-loading conveyancing share

LSL Property Services, owner of Reeds Rains and Your Move agencies, has sold its holding in conveyancing panel management firm LMS for £12m. It held 49.6 per cent of LMS, which has now been sold to a private equity firm. LSL has told shareholders that the sale has simplified the group structure,... Source: Estate Agent...

Rightmove probing online agency with controversial past

Rightmove is to review the processes of an online platform which directly uploads sellers' property details via an app. Two years ago the platform - Top Gaff -  was dropped by Rightmove after saying it was not an estate agency. However, now Top Gaff says it IS an agency and uploads sellers' details... Source: Estate Agent...

Agency drops claim that it's number one in its area after complaint

A firm has agreed to amend its claim that it was the number one selling agent in its town in 2020, following a complaint to the advertising watchdog. A leaflet for Penrose Estate Agents, seen during January 2021, stated “LUTON’S NUMBER ONE SELLING ESTATE AGENT 2020”.  The advertisement included a pie chart... Source: Estate Agent...

PropTech Today – bad product or bad plan?

In the previous edition of PropTech Today, Nathan Emerson highlighted the importance of effective implementation, linking poor staff engagement to the reason why ‘perfectly good products are often cancelled within months of release’.  Here, Emma Vigus, managing director of sales progression at software provider mio, explains how to get it... Source: Estate Agent...

Stamp Duty boost will make 2021 market one of the busiest ever

The number of transactions is scheduled to reach 1.52 million this year - way above the norm of between 1.0 and 1.2 million - and it appears to be down to stamp duty. Data and predictions from Zoopla show that as well as breaking a recent record for sales market activity,... Source: Estate Agent...

Free to list portal reveals “game changer” new maps feature

The free to list portal Residential People has launched what it claims to be a new Map View feature which “goes above and beyond what is currently available elsewhere, offering greater functionality and delivering a more intuitive user experience.” The new Map View allows consumers to see the price of a... Source: Estate Agent...

Not just first time buyers facing affordability issues, research shows

The apparent plight of first time buyers hits the headlines frequently but new research shows that second steppers face a wide gap between the price of their first and second homes. Data from comparison servicer GetAgent shows that the current average paid by existing homeowners across Britain for their second property... Source: Estate Agent...

Record number of homes sell above asking price

An all-time record high of one in three properties sold for more than the original asking price last month. This is according to the latest market snapshot from NAEA Propertymark, released this morning. The exact proportion - 32 per cent - is twice that proportion recorded a month earlier and is the... Source: Estate Agent...

‘Transform home buying for good’ is goal of new strategic partnership

Digital marketing agency Angels Media and digital platform Gazeal have announced an exclusive strategic partnership to help improve and speed up the homebuying and selling process. Angels Media - publisher of Estate Agent Today and owner of PropTech platform The ValPal Network - has endorsed Gazeal as the best way of... Source: Estate Agent...

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