A quarter of UK estate agencies, representing more than 5,500 branches, have failed to register with HMRC for money laundering supervision, new analysis shows.
Rents in Great Britain are rising at the fastest rate ever recorded, newly released data shows.
The estate agency has reopened its head office in Edgbaston after a two-year break due to Covid.
The effects of the pandemic on the housing market cannot be underestimated, as house prices hit an all-time high; demand for flats outside London reach strongest level for five years.
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The pandemic has contributed to a reshaping of the UK rental market, with these areas outside of London seeing the fastest growth in buy-to-let investment.
Clive Beattie, a former chief executive of OnTheMarket, is now able to cash in shares worth £92,000 as part of the property portal’s employee share option plan.
Various changes have been proposed following a 12-week consultation process held between July and November 2021, which attracted almost 3,000 responses.
The estate agency has bolstered its presence with several new offices as a result of the acquisition, which is part of wider growth strategy.
Purplebricks’ share price has hit its lowest-ever level, dropping to below 20p for the first time ever.
Hunters has unveiled a new franchise model and brand, which forms a key part of The Property Franchise Group’s growth strategy.
The company is asking residents to expose estate agents by sending in photos of the boards they find in the wrong place.
The independent agents’ trade group has announced the launch of its first franchisee partner, after Emma Preston, a former regional manager of The Guild, completed the acquisition.
Skipton bought two of the UK’s largest estate agencies during David Cutter’s tenure, but now the firm’s chief executive has announced that he is stepping down.
The leasehold reform bill, which looks to restrict ground rents for future leaseholders, has passed its third reading through the House of Commons.
Credas announced at their Future of Digital Identity event yesterday that they are joining the Coadjute network with plans to launch a new digital identification service.
The cloud-based software provides a single storage solution for both agents and tenants for deposit information, references and other key documents.
A survey of almost 1,000 estate agents found that the the majority plan to expand their business through additional staffing or premises this year.
The estate agency is urging anyone transacting funds to ‘exercise additional caution’ following the email hack.
The market share of hybrid and online agents has dropped to just 6.7%. You can view the full report.
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