Other News
House prices in Scotland race ahead of rest of the UK
Prices and transactions increase north of the border
News
Agency
National newspaper says agents’ fees are biggest barrier to downsizing
Daily Mail says agents typically charge 1.8% – but is this right? Has time come for high street agents to openly state their rates?
Agency
Hybrid agent turns to crowdfunding to raise up to £250,000
Hybrid agent will use money to invest in new platform – and will target overseas landlords
Other News
Home sold in £2 raffle had been on market with online agent
Home owner triumphant after property sells in £2 raffle
Agency
And here’s raffle number two – agent raffling his Porsche at £20 per ticket
London agent gives one lucky person chance to buy a Porsche for just £20
Acquisitions
Second acquisition within four months for expanding regional agent
Latest purchase boosts Manning Stainton branches to 19
Lettings
Foxtons claims green shoots are emerging in rental sector
Tenant demand finally rises – as London's sales market is 'a long way' from returning to growth
Tech
Is this a next step forward for live virtual reality tours?
Agents will be able to accompany potential buyers on virtual reality viewings
Finance
Second steppers continue to keep Bank of Mum & Dad in business
My Home Move data shows proportion of gifted deposits to first-time buyers and investors continues to slide
Other News
Indian buyers overtake Middle East purchasers in wealthiest parts of London
Data suggests European buyers steering clear of prime London areas
Compliance
Online agent HouseSimple told to withdraw its cost-saving claim in TV advert
Claim of £5,000 saving ('That's the cost of a kitchen') in TV ad was approved by Clearcast
Finance
Housing market ‘speeding towards crisis point’ as average prices up £10,000 on a year ago
Lenders warn of 'softening' market – while Land Registry figures spook the Telegraph
Compliance
On your bike! Agent agrees to remove ‘Norton motorcycles’ claim after complaint to watchdog
Advertising Standards Authority resolves complaint informally
Acquisitions
Independent snaps up six-branch business to create one of largest agents in region
Long-standing agent will continue to trade under its own name post-acquisition
Agency
Rents ‘not spiralling out of control’ – Belvoir boss condemns ‘sensationalist’ press stories
ONS data shows rental growth has been static for four months
Other News
Asking prices up as number of properties on market drops 4% on last year
Overall picture is 'stagflation' as London and south-east go into post-boom malaise and other regions prosper
Finance
Zoopla-backed Bricklane launches London fund
Crowdfunding platform offering exposure to property in the capital
Finance
Buy-to-let property platform hits £50m milestone
Investors earning 10% for funding property projects
Agency
Estate agency chief attacks ‘army of providers’ feeding off backs of independents
Boss of major regional agency backs OnTheMarket float and calls for independents to get on board
Agency
Agent who told buyer about pub but not longer opening hours application rapped over insufficient disclosure
Application to extend pub's drinking hours failed – but redress scheme says agent should have found out and told purchaser