Agency
EYE NEWSFLASH: Purplebricks in conversations with Territory Owners as restructure continues
Numbers of Territory Owners to be cut by over half but Purplebricks says most owners will be offered new roles
News
Finance
Turbo-charged Rightmove shares reach record high as they go towards the £7 mark
Rightmove shares enjoy record day on the stock market
Lettings
Council wants to be allowed to introduce rent controls
Councillors want powers to impose borough-wide rent controls
Agency
Trustpilot looking into reviews of estate agents ‘at large’ as it condemns new claims by allAgents
Trustpilot and allAgents at loggerheads over validity of reviews
Compliance
Over eight in ten letting agents report falls in revenue since tenant fees ban
Few agents emerge unaffected by introduction of tenancy fees ban – with ongoing concerns on compliance
Tech
OnTheMarket reports record traffic – but can it close such a huge gap with Rightmove?
OnTheMarket reports record numbers of visitors and leads to advertisers
Other News
Saving to buy a home is not a priority for four in five non-owners
Most non-owners have priorities other than saving for a deposit
Agency
Foxtons trialling digital auctions to boost customer offering
London agent launches partnership with digital auctions platform BidX1
Compliance
Court of Appeal’s ruling in Unexplained Wealth Order case underlines agents’ responsibilities
Court of Appeal's landmark ruling in 'unexplained wealth' case means properties worth over £22m could be confiscated
Agency
Complaint by agent about free online firm Housesimple is rejected by advertising watchdog
Advertising Standards Authority rules that 'Sell your home for free' claim is legitimate
Tech
Rightmove reports record traffic and uplift in sales agreed – but no sign of more new listings
Jump in number of homes going under offer as Rightmove reports a new record in traffic
Lettings
Shelter boss says landlords and letting agencies are exploiting crisis to become ‘homeless tycoons’
Shelter hits out at letting agency directors and landlords 'who owe their mansions and swimming pools to public money'
Agency
Outsourced sales progression firm launches no sale, no fee proposition
Sales progression firm will only charge home buyers if purchases complete
Lettings
Licensing of all lettings and sales agents a step nearer with official launch of RoPA report
Propertymark backs new regulations and calls for implementation 'as soon as possible'
Other News
Most popular homes for first-time buyers are on city edges
First-time buyers look at city outskirts to try and find something they can afford
Finance
First-time buyer Stamp Duty relief passes £1bn mark
Record numbers of buyers made use of the relief at end of 2019
Agency
Firm with two branches missed off Rightmove Find Agent page for over a year seeks full refund
Agent whose branches were missed off Rightmove for over a year says £2,300 credit and free advert are not sufficient compensation
Compliance
Agents think they understand AML regulations but a third question their own firm’s compliance
Eight in ten agents say they understand AML regulations – but only 65% believe their firms meet the requirements
Agency
New property listings down by almost 9,000 as the Boris bounce takes its time
Purplebricks still dominates the hybrid sector – but online agents struggle to raise their market share significantly
Agency
Agents criticised as vendor still packing up hours after completion leaves house ‘like a skip’
Agents criticised over delay after buyers have to sit it out