Acquisitions
Genius Group acquires PIN for £10.8m
Genius Group has signed an agreement to acquire the UK-based firm.
News
Acquisitions
Hunters takeover talks with TPFG extended until January 22
Hunters has been in takeover talks with TPFG since early December.
Acquisitions
ZPG agrees deal for acquisition of Confused.com
The deal is expected to be completed in the first half of 2021.
Finance
More than half of landlords lose rent due to Covid-19
A third of BTL landlords plan to reduce their portfolios.
Acquisitions
UniHomes snaps up Split The Bills
The student accommodation platform works hand in hand with partner letting agents.
Acquisitions
Connells agrees terms to purchase Countrywide
Connells will pay 395 pence per share in a cash deal that values Countrywide at about £134m.
Agency
Agents invited to take part in nationwide survey
The survey looks to establish the current ‘State of the Industry’
Acquisitions
Linley & Simpson acquires lettings business of Dacre, Son & Hartley
The Yorkshire-based firm has added more than 600 homes to its portfolio.
Lettings
CGT hike risks mass exodus from the BTL market
A capital gains tax increase could force many BTL landlords to quit the PRS.
People
Comings and Goings
New directorship at Reside; Andrew Wyllie joins Persimmon board; Crest Nicholson appoints Ralph Hawkins
Other News
Sharp rise in coastal and rural buyer searches in 2020
Suburban areas in the North West saw the biggest growth in average asking prices this year.
Other News
What has 2020 taught us?
Government intervention has, in the latter half of 2020, created an artificially boosted level of activity.
Law
Robert Jenrick facing High Court action
The Anglia Square redevelopment project would represent a major investment in Norwich City Centre.
Agency
Farrell Heyworth signs up to Zoopla
Farrell Heyworth last week also agreed to become a Boomin founder agency, as part of a fresh marketing strategy.
Politics
Plans for a new garden village near Truro,
A planning application for more than 3,000 new homes near Truro has been submitted.
Other News
Merry Christmas and a Happy New Year from EYE
We would like to wish all of our readers a very Merry Christmas and a Happy New Year.
Compliance
Updated Covid-19 guidance for estate agents
Estate agency offices can remain open to the public in all 4 tiers.
Finance
Welsh government slammed for tax hike on second homes
The Welsh government also announced that the stamp duty holiday will not be extended in Wales.
Politics
‘Pressure now on’ UK government to follow Welsh lead
Will the UK government follow the Welsh lead on stamp duty and introduce a new tax hike on second homes in England?
Finance
Rishi Sunak urged to extend stamp duty holiday
A study shows that extending the stamp duty holiday could net the Treasury an extra £139m a year.