Other News
London’s super prime sales market records strongest year since 2013
London’s super-prime residential market has recorded its strongest year since 2013, new data shows.
News
Agency
John D Wood & Co. to launch new campaigns to mark 150th anniversary
John D Wood & Co., which has 28 offices across London and the South of England, is celebrating 150 years of trading as prime estate agents.
Finance
Interest rate increase fails to dent buyer and seller confidence
Transaction numbers recovered towards the end of last year, following a slump in October as buyers brought forward decisions to buy in order to take advantage of the stamp duty holiday.
Lettings
Tax crackdown on second homes ‘don’t go far enough’, says CPRE
Landlords who let out holiday homes as businesses will have to fork out significantly more money annually as the government closes what it describes as a tax loophole.
Acquisitions
EYE NEWSFLASH: Foxtons disposes Douglas & Gordon sales business
Foxtons has offloaded the D&G sales business and all of its branches.
People
Founder of heavyweight estate agency chain dies aged 76
Tributes have been paid to a “true gentleman” and a former politician who has died due to ill health.
Acquisitions
Estate agents purchase well-known franchise
The two co-directors become the first women estate agent owners in this prized patch of West London.
Agency
How do sellers rate their estate agent’s performance?
More than 1,100 home sellers who sold in the past six months were surveyed last week, and asked to rate their estate agent.
Agency
New listings urgently needed to ‘reduce the pressures now facing agents’
New research shows that demand continued to outstrip supply, with property listings down 7% in October and 6% in December.
People
Comings & Goings
Snippets of industry news: Strutt & Parker makes senior appointment; Homesearch has a new CTO; Just Mortgages expands
Acquisitions
Property management firm acquires well-established London agency
The acquisition comes at a time of significant change for the property management firm following a fresh rebrand, the departure of the founding partners and a series of new purchases.
Charity
Climbing a Chilly Kili – Suzanna Mavity has a very different Xmas
Money raised by agents and suppliers goes towards research into cruel Huntingdon’s Disease.
Compliance
FCS Compliance to launch new series of AML webinars for agents
Agents can now register for the upcoming AML webinar.
Other News
Buyers spent £11.6bn on prime London property in 2021
Total property spend in prime London exceeded £11.6bn in 2021, the highest annual spend since LonRes records began in 2000.
Acquisitions
Well-established estate agency acquired by local rival
The estate agency has taken over a company which has traded for 27 years.
Law
New rental law set to come into force
Landlords will no longer be able to give notice until renters have been in the property for a minimum of six months.
Agency
Estate agents share their property predictions for 2022
What will the property market look like in 2022? Estate agents offer their thoughts.
Agency
Boomin’s Michael Bruce pens open letter on the state of the portal market
The open letter from Michael Bruce reflects on the state of the portal market and specifically what he sees as the the inequity of mortgage referral leads.
Acquisitions
Anthony Martin to roll out franchise model nationwide
Anthony Martin, a well-known estate agency brand in Kent, is to roll out its franchise model throughout the country.
Agency
Savills enjoys ‘extraordinarily strong’ end to 2021
Savills share price soars after the firm significantly upgrades its profit forecasts following a surge in demand for high-end property at the end of last year.