Acquisitions
BNP Paribas: ‘Strutt & Parker acquisition will help push our revenues to €1bn’
BNP Paribas Real Estate reveals first results since acquisition of Strutt & Parker
News
People
EYE NEWSFLASH: Zoopla’s property boss Mark Goddard to depart
Mark Goddard leaves the business after nearly two years as managing director of property
Law
Trading Standards: ‘We will not have resources to enforce fees ban unless penalties are far higher’
Officials tell MPs that penalties need to be enough of a deterrent and currently aren't sufficient to cover costs
Agency
Government rejects agent’s petition — and confirms fees ban ‘not expected’ before April 2019
Ministry for Housing, Communities and Local Government promises agents will have time to prepare and negotiate contracts
People
‘Considerable concern’ as College of Fellows faces extinction
Propertymark's 'upper house' of wise old heads due to be ditched
Law
BBC Panorama says Section 21 evictions ‘mean no security and no place to call home’ for millions of tenants
Programme followed three sets of tenants as they faced eviction, as well as one landlord trying to eject a tenant from her flat
Agency
New review site launches – secondhand cars service switches attention to estate agents
Former Countrywide man will head up reviews package when it launches next week
Law
Council’s use of selective licensing to force new controls on landlord ‘illegal’, court rules
Councils cannot use selective licensing schemes to impose new standards on private rented homes, says Court of Appeal
Law
Law Commission investigates commonhold’s lack of popularity amid leasehold concerns
Legal body is trying to understand why commonhold isn't more popular when there are concerns about the fairness of leaseholds
Finance
Transaction levels stay muted – although first-time buyer numbers hit highest for decade
Transaction levels stagnant despite evidence that first-time buyers are returning
Agency
Former top flight footballer expands estate agency business
Former striker's new office is expected to create four more jobs
Agency
Online agents have ‘disrupted vendors’ psyche’ but traditional agents can still hit back, claim
Estate agency sector analyst urges traditional agents to take a leaf out of Purplebricks' book - but can they do so and still make a profit?
Agency
Zoopla’s share of listings at a three-year high, bank report claims
'Overweight rating' from bank sends share price up
Agency
Upbeat Hunters sees expansion in ‘challenging’ market – and says franchisee collapse was ‘unique’
Shares in franchising firm Hunters bounce up nearly 11% after firm's positive trading update
Lettings
BBC Panorama to investigate Section 21 ‘no-fault evictions’ tonight
Programme tonight will debate whether tenants in the private rented sector need more protection
Finance
Proptech startup that claims to weed out time-wasting tenants raises £2.8m in funding
Company claims to vet tenants, who are given shortlists of suitable properties
Other News
Purplebricks founder Kenny Bruce bids to buy football stadium
Bid comes after Bruce invested £500,000 in his home town football club last year
Law
Tenant fees ban: Chartered Trading Standards Institute to give MPs its views today
Communities and Local Government Committee hearings into tenant fees ban and private rented sector resume
People
Fixflo forms advisory board made up of business heavyweights and appoints non-executive chairman
Veterans of Financial Times and Friends Reunited among proptech firm's advisers
Law
More buyers ditching high street lawyers for specialist online conveyancing services, claim
Research shows buyers increasingly don't want to use a general solicitor to manage the legal side of their purchase