Acquisitions
EYE NEWSFLASH! Purplebricks enters Canadian property market with take-over
Purplebricks announces £29m acquisition of online agency business in Canada as it continues global expansion
News
Agency
Over 7,000 agents showing signs of ‘financial distress’ as numbers of insolvencies creep up
Growth of online agents increases pressure on the profit margins of high street firms, say accountants
Acquisitions
Emoov ‘makes audacious bid’ for Countrywide, says newspaper
Countrywide says it is 'not in conversations' with Emoov about merger proposal
Lettings
Government to launch consultation on making minimum three-year tenancies mandatory
Landlords' fury at being 'misled' over what previous housing secretary had said would be consultation into encouraging longer tenancies
Acquisitions
Independent agent receives £10m cash investment as it seeks to ramp up acquisitions
Private equity investor pumps £10m into growing agent
Law
Landlord family take battle to tribunal to have letting agent banned
Couple tell tribunal that agency failed to pass on £7,000 worth of rent and 'should not be allowed to trade'
Other News
Knight Frank issues warning for London economy as record numbers leave capital
Sky-high prices push net migration from London to new highs
Finance
Second steppers join queue for Bank of Mum & Dad as more struggle to move up the property ladder
Parents admit using savings or even selling their own property to help their family take the second step
Lettings
Rental supply hits record high for 2018, but agents are scrambling for tenants to fill properties
ARLA Propertymark reports a new low for tenant demand despite a boost in supply
Finance
Mini-revival for mortgage market as home purchase approvals increase for first time in two months
Finally some good news for new mortgage borrowers, but remortgages continue to dominate lending
Finance
Could Countrywide be facing crunch time this weekend as loans come up for ‘stress testing’?
How could this be happening? Countrywide shares drop to just 40p
Other News
Goal! Football so exciting that people even suspend looking on Rightmove (but not for long)
Even the most ardent property hunters go off-side when the World Cup gets exciting
Agency
Ex-Hamptons director Marc Goldberg lands a new role at fast-growing independent
Dexters signs up legendary ex-Hamptons director to head up its central London operation
Compliance
Romans boss warns that more agents will steal clients’ money once lettings fees ban comes in
Use by cash-strapped agents of illegally borrowed client funds will rise when fees ban comes in, warns lettings director
Other News
Tweet of the Week: And here’s Sarah Beeny’s hot tip for viewings in a heatwave
We're having a heatwave: TV presenter sheds light on the best way to do viewings
Agency
‘We should have raised more money for online firm at the start’ says first investor in Emoov
It has been a successful but scary ride, says investor who describes Emoov as a survivor among 'many casualties' in online agency sector
Other News
Race to match London prices heats up as growth in the capital hits nine-year low
Which region could be first to match the high house prices of London?
Other News
Property market recovers from spring slump as Land Registry registrations bounce back
The number of residential sales increased in May as the market continues to see-saw each month
Agency
Don’t insult high street agents by calling us ‘traditional’ – we’re more online than the newbies
Leading regional agent opening six new branches this year says the real battle is fees charged upfront versus the no sale, no fee full-service model
People
Chief executive role disappears as Chestertons shakes up management structure
Chestertons names a new deputy chairman and managing director