Cedar House, Caen St, Braunton EX33 1AH

September 2021

RICS Scandal – apology given to whistleblowers amid major overhaul

The governing council of the Royal Institution of Chartered Surveyors has issued a public apology to the whistle blowers whose actions uncovered a scandal in the organisation. RICS has also announced a new ‘set of values’ and promises far-reaching cultural change, following the independent report issued into the governance of the... Source: Estate Agent...

Exclusive: £5m to be spent on self-employed agents in 100 areas

An online operator called Nested is to spend £5m to promote the self-employed estate agency concept in 100 parts of the country - and it says it is gunning to be the number one company in that space. Back in March this year Nested - which had already secured £20m in... Source: Estate Agent...

Stamp Duty – success of tax break shows why reform is needed

One of the leading figures in trade body Propertymark wants stamp duty to be reformed, and claims that the success of the holiday - ending today - proves how much the tax actually holds back the market. The holiday on stamp duty rates was introduced in July 2020 and ends today;... Source: Estate Agent...

Hunters says new ‘Personal Agent’ franchise allows flexible working

Hunters, now part of The Property Franchise Group, has announced its first so-called ‘Personal Agent’ signing - and says it’s ideal for, amongst others, semi-retired agents. This new business model licenses the Personal Agents to operate in new areas under the Hunters brand with centralised support for marketing, social media, portal... Source: Estate Agent...

Former BBC boss selects agents to sell £35m housing project

Former BBC Director General Greg Dyke has been revealed as the man behind a £35m project to developer a historic part of Devon’s waterfront - and he has selected the agency to spearhead sales.  The project involves the restoration and redevelopment of Fort Bovisand, built in the mid-1800s to defend Plymouth... Source: Estate Agent...

11-branch agency signs two year listings and software deal with portal

One of the west of England’s largest independent agencies has signed a two year deal with Zoopla, running across portal listings and software usage.  Ocean is Bristol’s largest independent estate agent and has specialised in sales, lettings and property management in the city for over 35 years. All 11 branches will list... Source: Estate Agent...

New PropTech link-up for next month’s ESTAS Awards and Forum

ESTAS has announced that FocalAgent, a visual content supplier to estate agents, has signed up as an executive partner for the 2021 Forum and Awards. In the first major live event for the property industry in two years, many of the UK’s most successful agents, conveyancers and mortgage brokers will gather... Source: Estate Agent...

For Sale – Online Agency claiming to be “the future of property”

An online agency which describes itself as being “the future of property” is up for sale. Nu:move is a franchise operation, set up eight years ago by siblings Karen and Arun Batth. It was last year valued at £2m when it was listed on crowdfunding website Seedrs, on its way to... Source: Estate Agent...

Foxtons to review policy on ‘furlough bonuses’ for senior management

Controversial London agency Foxtons is to review its policy on top management bonuses. This follows a shareholder revolt at the agency's AGM and widespread criticism of the agency's failure to return furlough money to the government despite the company benefiting from a strong housing market. The controversy centres on a bonus issued to... Source: Estate Agent...

Purplebricks executive bonuses given massive shareholder support

Shareholders in Purplebricks have given overwhelming backing to the company’s remuneration policy - including substantial bonuses for senior executives which had been controversial when first announced.  Earlier this year Purplebricks’ annual report revealed that a short term bonus scheme to provide incentives for executive directors to meet financial and strategic...

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