LonRes, the subscription-based business-to-business prime London trading platform, has launched a new service designed specifically for retained agents.

The Retained Agent Buyer Alert enables LonRes buying agents to flag a client’s property requirements quickly and directly to selling agents across the 6,000-strong LonRes network which now extends beyond London and into the country.

The retained agent completes a short form listing their requirements – property type and price range – together with the postcode in which they are looking to buy.

The LonRes system then takes that information and matches it to the agents with appropriate properties in the search area.

At the same time the system alerts the selling agent that a retained agent has a client with a specific requirement looking to buy in their area.

Anthony Payne, managing director of LonRes, said: “Put simply, the Retained Buyer Agent Alert puts the requirements of qualified buyers directly in front of LonRes subscribers.

“It ensures that no stone is left unturned in searching out the perfect property for a waiting buyer, whether that property is on or off market.

“It’s a free solution that benefits buying agents and estate agents alike and ultimately helps buyers find their dream house faster.”