EYE Newsflash: OnTheMarket takeover confirmed as CoStar Group bid accepted
OnTheMarket seeks to become the number one portal in the UK after accepting offer of 110p per share, which represents a premium of 56% to OTM’s last closing price
News Archive
OnTheMarket release interim results amid £100m takeover bid
CoStar Group, a $33bn (£27.2bn) property group, is expected to buy OnTheMarket in a £100m deal
Estate agency director dies four months after his wife lost battle with cancer
Adam Thompson joined Reality Estate Agent in 2016 as a director after Lucy Thompson founded the company in 2009
Knight Frank plans mass job cuts amid downturn in UK housing market
The estate agency is planning fresh round of layoffs that will put close to 100 workers out of a job
Property industry reflects on latest UK house price data
The figures may then come as a surprise, with house prices holding steady during the summer
If buyers are liars and sellers are worse, isn’t the consumer getting the service they deserve?
The guests give their views on whether, in this age of disinformation, fake news, and outright dishonesty, is taking the moral high ground still the right thing to do
Comings & Goings
Snippets of industry news: Preston Baker names new CEO; Knight Frank appoints new senior sales associate; Directorate change
Group chief executive celebrates 35 years at Connells Group
David Plumtree, group chief executive, estate agency, of Connells Group celebrates a milestone 35 years with the business
Reapit agrees deal to help agents remain compliant with ever-changing rules
2023 is shaping up to be a record year for new property licensing schemes
High-end estate agency expands presence in PCL with significant acquisition
Estate agency says purchase is the next logical step for the business and is a sign of our confidence in the London property market
Fast-growing estate agency completes third acquisition of 2023
Agency owner agrees terms on yet another purchase
The importance of paying close attention to parts A, B and C of the material information guidance
Agents must now pay full attention to all parts of the Material Information guidance to ensure they remain fully compliant
Renters Reform Bill set to get second reading in parliament next week
Progress of the Renters Reform Bill through the House of Commons has been unexpectedly slow, with no date for the ‘second’ reading – until now
New research reveals surge in property price reductions
These trends in property price cuts provide valuable insights into where the market is heading in the near future
Foxtons CEO Guy Gittins says his turnaround plan has paid off
Guy Gittins says he has re-established Foxtons’ position as London’s number one estate agency brand, both in terms of market share and growth of new instructions
OPINION: What a Labour government means for UK housing
Labour’s record on housing when last in power under Tony Blair was to oversee the biggest rise in property values of any administration in British history
A quarter of landlords plan on selling in the next 12 months
A new landlord survey shows that ‘policy-related concerns’, including the Renters Reform Bill, are the most common reason why buy-to-let landlords are selling properties
Widow faces £165k repayment on £16k shared appreciation mortgage from 1990s
Widow believes her husband, a former miner, did not fully understand the implications of the deal, called a shared appreciation mortgage, when he signed it
Comings & Goings
Snippets of industry news: Preston Baker names new CEO; Harding Green announces senior board appointment; Furnell Residential strengthens with new recruit