OnTheMarket’s former chief executive to cash in shares worth £92,000
Clive Beattie, a former chief executive of OnTheMarket, is now able to cash in shares worth £92,000 as part of the property portal’s employee share option plan.
Marc da Silva
Industry body disappointed with adoption of possession ground changes
Various changes have been proposed following a 12-week consultation process held between July and November 2021, which attracted almost 3,000 responses.
Independent estate agency completes acquisition of well-known rival firm
The estate agency has bolstered its presence with several new offices as a result of the acquisition, which is part of wider growth strategy.
Purplebricks share price hits all-time low as woes continue
Purplebricks’ share price has hit its lowest-ever level, dropping to below 20p for the first time ever.
Hunters launches new franchise model with incentive for early sign ups
Hunters has unveiled a new franchise model and brand, which forms a key part of The Property Franchise Group’s growth strategy.
Estate agent launches competition to deter fly boarding
The company is asking residents to expose estate agents by sending in photos of the boards they find in the wrong place.
Challenger network group launches first franchise, more in the pipeline
The independent agents’ trade group has announced the launch of its first franchisee partner, after Emma Preston, a former regional manager of The Guild, completed the acquisition.
Skipton boss who oversaw acquisition of Connells and Countrywide steps down
Skipton bought two of the UK’s largest estate agencies during David Cutter’s tenure, but now the firm’s chief executive has announced that he is stepping down.
Bill to exempt future leaseholders from ground rent set to become law
The leasehold reform bill, which looks to restrict ground rents for future leaseholders, has passed its third reading through the House of Commons.
PropTech platform partners with blockchain network
Credas announced at their Future of Digital Identity event yesterday that they are joining the Coadjute network with plans to launch a new digital identification service.
New document sharing platform ‘only the start of what’s to come this year’
The cloud-based software provides a single storage solution for both agents and tenants for deposit information, references and other key documents.
Majority of surveyed estate agents plan to expand this year
A survey of almost 1,000 estate agents found that the the majority plan to expand their business through additional staffing or premises this year.
Estate agency apologises for email hack and urges ‘caution’ if transferring funds
The estate agency is urging anyone transacting funds to ‘exercise additional caution’ following the email hack.
Industry analyst questions ‘viability’ of online agency model as market share falls
The market share of hybrid and online agents has dropped to just 6.7%. You can view the full report.
Savills concerned about new ‘one size fits all’ short-term let licensing scheme
Savills has expressed concern at the ‘one size fits all’ nature of the short-let licensing legislation being introduced.
West Midlands agency expands with new office
A growing estate agency has opened a brand new branch.
Lettings and fintech platform secures £350k seed investment
Yorlet,‘the Shopify of property’, lands £350,000 funding led by Goldsmith Ventures.
How agents can help prevent property fraud occurring
A former estate agent at Leaders Romans Group will be joined by a panel of industry experts to discuss how property fraud can be stopped from happening.
Buy-to-let product choice hits 14-year high
The level of product choice available to buy-to-let landlords has continued to increase, with the number of options across all the LTV tiers improving.
MBT Affordability’s partnership with estate agency group to be extended
The affordability platform is already available to various Connells Group subsidiaries, but others are now set to benefit.