Agency
OnTheMarket confirms that agents under contract will still have to observe ‘One Other Portal’ rule
OTM says agents already under contract will still have to observe terms and conditions – and confirms big recruitment drive
News
Finance
Lower valuation of OnTheMarket knocks millions off CEO Ian Springett’s potential windfall
OnTheMarket set to have a market capitalisation of £100m-£150m less than originally expected
Agency
Mystery as to claim that online agents sell only half of properties they list
So – just how many properties do online agents actually sell?
Law
Agent who defrauded tenants to prop up failing business is spared jail
Agent took deposits totalling thousands of pounds from tenants but will not go to jail after pleading guilty to fraud
Law
Agents fees charged to tenants are mostly fair – says tenants group
Tenants should expect to pay agents for at least some of the work, says pro-tenants group
Other News
Estate agency staff jump for their lives as car crashes through window
Second time in six months that branch has been hit by car
Lettings
Tenant fees ban: ARLA and NALS to give MPs their views in Parliament today
Agency bodies finally get their chance to give evidence to Communities and Local Government Committee
Agency
So there really is a god who could come to Countrywide’s salvation
You'd better believe it, but there really is a god – alive and well at Countrywide
Other News
First-time buyer figures hit ten-year high but only return to 2007 levels, figures suggest
Halifax analysis shows the regions where first-time buyers are getting on the property ladder
Agency
EYE NEWSFLASH: OnTheMarket raises £30m to start trading on stock market
OnTheMarket says agents will own over 70% of shares when trading starts – with company valued at £100m
Agency
Foxtons’ ‘shiny shoes’ add a glow to its share price despite big drops in revenue and profit
Trading update is gloomy – but investors show faith in debt-free Foxtons
Acquisitions
Regional property chain offloads its ‘non-core’ surveying arm
Landmark Chartered Surveyors is sold for undisclosed sum
Agency
Nearly a quarter of estate agencies would not pass anti-money laundering spot checks, claim
Businesses could be breaking the law by not having an AML officer in place and risk fines from HMRC
Agency
Estate agents warned to brace for closures in 2018 ‘shake-out’
Warning prompted by Countrywide's recent woes and adverse Land Registry numbers
Agency
Number of properties under management by agents hits record high, ARLA claims
ARLA Propertymark research shows average branch is managing 200 rental properties
Lettings
Middle-aged and millennials move to private rented sector in droves, as baby boomers pay off mortgages
Latest English Housing Survey shows private rented sector is vital to 'housing market', say landlords
Charity
Protestor receives free legal help from lawyers to defend £10,000 Fergus Wilson lawsuit
Lawyers offer to defend YouTuber against Britain's well-known buy-to-let landlord Wilson
Charity
Marathons, mud and fisticuffs — what agents are prepared to do to raise money for charity
Want to raise money for good causes? Take your pick between multiple marathons, boxing and a muddy assault course
Agency
Auction houses bid to become bigger players in residential sales market
As traditional buy-to-let investors desert market, auction houses bid to capture lots more interest from owner-occupier buyers
Agency
Not baaad! Agent who set up firm with no experience named EweMove’s franchise of the year
More than 150 delegates flock to EweMove's first annual conference with managing director Nick Neill at the helm