Acquisitions
Estate agency expands after completing acquisition
Following the latest acquisition, the estate agency now operates 11 branches, with plans to expand further.
News
Agency
Spicerhaart opens its latest hybrid-style Property Centre
This is the third new-start Property Centre for the Spicerhaart group.
Agency
Property transactions per agency hits five-month high
The average number of properties listed per member agent branch has risen — from 19 in January to 23 in February, the highest it’s been for five months.
People
Comings & Goings
Snippets of property industry news: Savills hires new head of sales; Henry Adams appoints director; New members join Homes England’s Board
Tech
Fine & Country adopts new lead management system
New deal will see Fine & Country integrate the lead generation and marketing platform across its offices.
Acquisitions
Reapit acquires Australian PropTech property management firm
Reapit expands portfolio with yet another acquisition.
Charity
Estate agent hopes to raise £50k for child with rare cancer
An estate agent in north London has pledged to raise £50,000 to help a six-year-old with a rare form of cancer pay for her potentially life-saving treatment.
Acquisitions
Foxtons urged to put itself up for sale by activist investor – open letter
Activist investor says that Foxtons is underperforming, and is urging the estate agent to consider a sale. Read the open letter here.
Agency
Agent slammed for telling people to give up Greggs to save for house deposit
DM & Co. Homes, based in the West Midlands, posted a video explaining how a £5 spend every day racks up to £8,400 over five years - enough for a deposit to buy a property.
Other News
Not enough evidence to decide cause of estate agent’s death says coroner
A coroner said there is not enough evidence to determine the cause of death of a 23-year-old estate agent who was found on a beach in Suffolk.
Agency
Football league club agrees sponsorship deal with estate agents
The agreement with the football club will see the estate agents feature prominently in the stadium.
Other News
House prices hit record high but slowdown looms
There are several factors that will help keep the housing market steady over the next few years.
Finance
LSL Property Services reports record year
LSL Property Services has reported record financial performance and historically strong balance sheet enabling further investment to deliver the group's ambitious growth strategy.
Acquisitions
Activist investor acquires majority stake in mortgage lender
The transaction confirmed today is the culmination of a competitive process that saw several global investment companies competing to acquire the mortgage business.
Lettings
New chapter for letting agent after releasing book for landlords
Samantha Bateman, owner of Belvoir Portsmouth, has written and published a book aimed at landlords.
Finance
Possession claims look set to double amid cost of living crisis
Landlord Action’s Paul Shamplina tells ITV’s Tonight programme that possession claims will “at least double” this year.
People
Founder of well-known estate agency dies days after announcing cancer diagnosis
Tributes have been paid to the “popular and well loved” estate agent.
Law
Estate agent fined for illegal display board
An estate agent has been prosecuted for the illegal display of one of its boards.
Agency
Purplebricks remove listing after vendor sends racist message to buyer
Purplebricks has removed a property listing from its website after the seller sent a rude message a potential buyer, which ‘went against the company’s views and values’.
Agency
Estate agent recognised for exceptional ‘growth’ at regional business awards
Kent-based estate agent, Deborah Richards of Maddisons Residential, has helped to raise the profile of the sector in her local area.