Independent agency acquired by franchisee for six-figure sum
Founded in 1948, the independent agency had remained in family ownership but has now been bought by a well-established franchisee.
Marc da Silva
New partnership ensures ‘agents are well-equipped to win more listings’, claims OTM
OnTheMarket has agreed a new prospecting product partnership with Sprift.
Major block management firm acquires rival
Property management acquisition has led to a successful rebrand and merger.
Man handed suspended sentence after burgling estate agency twice
Serial burglar Scott Robinson was sentenced to 26 months in prison, suspended for 18 months, by magistrates.
Webinar to look at how estate agents can increase property listings
How can agents gain more property instructions in a less buoyant market?
Government sets out ‘bold new plan’ to protect leaseholders
Secretary of State for Levelling Up Michael Gove yesterday guaranteed that no leaseholder living in their own flat will have to pay a penny to fix unsafe cladding.
The UK’s property tax take drops by almost £9bn y-o-y
Property taxes accounted for 11.8% of the country’s overall tax take in 2021, down from 12.4% a year earlier.
Tributes paid following death of ‘formidable’ estate agent
Fenn Wright has announced with “great sadness” that its former senior partner Roger Dennis died.
Jailed former estate agent charged with fraud
An ex-estate agent, who was last week sent to prison, has been charged with two counts of fraud.
Second home owners face extra bills as tax loophole set to close
Michael Gove, the Levelling up Secretary, is expected to announce new tax rules that will have a major impact on second home owners.
Rogue landlord banned over ‘shocking’ state of property
The landlord has been barred from letting or managing properties for the next five years and will have his name added to the government's Rogue Landlord database.
Updated Covid-19 guidance for estate agents
Updated guidance: Following the emergence of the Omicron variant of COVID-19, the government says it has been necessary to re-introduce some measures to manage the virus.
House price growth set to ‘slow considerably’
Annual house price growth “defied expectations” in 2021, but values look set to slow in 2022.
Comings & Goings
Snippets of industry news: Moss Properties appoints new MD; Guy Harrison joins SmartSearch as CEO; Newton Fallowell founder retires
One in three sales fall through as market returns to ‘familiar conditions’
Some 34% of property sales in England and Wales fell through before completion in the final quarter of 2021 as the market returned to a far more usual level.
Flat owners welcome cladding climbdown but ‘devil is in the detail’
Michael Gove is expected to announce today that leaseholders in buildings between 11 and 18 metres tall will no longer have to pay to replace dangerous cladding.
Agency selling properties for free rolls out across the UK
The hybrid agency, formerly Housesimple, aims to undercut traditional high street estate agents by offering vendors a free property sales service
HMRC extends self-assessment deadline but there is a ‘sting in the tail’
The HMRC tax filing extension shows leniency in response to Covid-19 pressures.
High profile conveyancing firm fined £232,500 over AML failings
London-based Mishcon de Reya has been issued with one of the biggest fines ever imposed by the regulator over several breaches relating to money laundering rules.
Comings & Goings
Snippets of industry news: Savills welcomes new head of office in Bath; Julie Philpot Residential unveils new director; The Ambitious Group names new sales director