Estate agents are running out of stock ‘and there is no sign of this situation changing’
Estate agents’ portfolios are at historic lows, with many branches having very few properties to sell.
Marc da Silva
Historic agency completes acquisition of long-standing rival
An agency which has been operating for more than 160 years has completed the purchase of a rival firm, established over 140 years ago.
Two agents excluded by TPO after failing to pay compensatory awards
Both agents failed to pay awards made and were referred to the scheme’s independent Compliance Committee, which ruled that they should be excluded from The Property Ombudsman scheme.
Venture capital group that backed Zoopla invests in Homesearch
Homesearch has secured major investment from a venture capitalist firm that originally backed Zoopla.
Most estate agents believe upfront property information should be mandated
Gazeal co-founder Bryan Mansell: “The industry is willing to change, and is ahead of the government in terms of upfront information, which is a no-brainer for so many.”
Zero Deposit receives ‘significant’ investment from high-profile estate agents
Zero Deposit has received ‘significant’ additional funding from existing shareholders, including estate agents, as it launches its own full stack insurer, Equitable Rental Insurance Ltd (ERI).
A chain-free property tends to ‘command a far higher price’, but how much more?
New research by estate agent comparison site, GetAgent.co.uk, claims to reveal just how much more homebuyers are willing to pay for a chain-free property purchase.
Updated Covid-19 guidance for the industry and those moving home
The Covid-19 advice has been updated after the government axed Plan B measures in England in response to the reduced risks of the Omicron variant.
Living near a butcher could boost house prices
Having a butcher near where you live - as every middle-class person knows - increases the value of your home, claims Winkworth.
Property group acquires ‘well-known and highly respected’ agency
The well-established agency been sold after the firm's founder decided to retire.
Rogue landlord ordered to pay almost £65,000 for illegal HMO
The dodgy landlord will have three months to pay the fine and failing to do so, he will serve up to two years in prison.
New estate agency opens aiming ‘to bring people back into the office’
New estate agency with a client café opens trying to encourage people back into the office to forge new relationships.
Comings & Goings
Snippets of industry news: Davidson Estates eyes further growth; Savills names new head of UK valuation; Isabelle Hease becomes chair of BPF Futures
Property lags behind other industries when it comes to training and qualifications – AIIC
The property industry must actively make training and qualifications an integral part of all processes to significantly improve itself and match up to other industries, according to the AIIC.
Connells Group raises £40,000 for Mind
Connells has raised £40,000 for its charity partner Mind in their first year of partnership.
Revealed: The most profitable places to become a landlord
New research reveals the true cost of being a buy-to-let landlord and the most profitable area in the UK to invest.
Boomin is ‘creating new business opportunities for agents’, says CEO
Boomin says its latest marketing campaign has successfully helped a number of agents win more business.
Comings & Goings
Snippets of industry news: Redbrik promote Jessica Risorto to director; Miles & Barr moves to new HQ; Stoneridge Estate Agents appoints new branch manager
Are you familiar with the latest changes to tax rules and property regulations?
The last few years have seen the property sector face many new rules and challenges.
Updated Covid-19 guidance for estate agents and those moving home
The revised Covid-19 guidance for estate agents and other property professionals can viewed here.