Any bid by Zoopla and OnTheMarket to displace Rightmove as the number one portal in the UK is at best expensive and at worst futile according to a leading analyst. Mike DelPrete – former head of strategy at a New Zealand portal and a long-standing analyst of estate agencies in the UK… Read More »Trying to beat Rightmove is “at best expensive, at worst futile“
Two-thirds of private renters who would like to own a pet are being forced to delay by restrictive tenancy agreements, and this is contributing to the UK’s loneliness epidemic, according to new research by YouGov and Mars Petcare. The study found that private renters believe owning a pet would improve… Read More »Paws for thought: ‘no pet’ clauses contributing to loneliness
Buy to-to-let landlords across the Midlands are most likely to acquire new property over the next 12 months, new research show. A survey of almost 800 landlords conducted by BVA BDRC, on behalf of Paragon, found that almost a quarter – 24% – of landlords in the East Midlands plan… Read More »Where are BTL landlords most likely to buy property in the next 12 months?
Purplebricks banked more than £18m in fees for thousands of homes it did not sell last year according to this morning’s Daily Telegraph. It says the agency withdrew 21,380 listings in 2019 as market jitters forced many buyers and sellers to stay put. The paper cites housing market data firm… Read More »Purplebricks banked £18m fees for unsold homes in 2019 – claim
An estate agent who swindled a 69 year old woman out of £5,000 has escaped jail – and has been ordered to repay the sum to the pensioner. Claire Ainsworth’s UK Online agency was instructed by elderly owner Jennifer Scott to sell her house; Ainsworth brokered a sale to a… Read More »Online agent who swindled pensioner of £5,000 escapes jail
The Trading Standards report on the future of referral fees is almost completed and will be sent to government next week. However, James Munro – head of the National Trading Standards Estate and Letting Agent Team and author of the report – has told EAT that it will “take a while”… Read More »Referral Fees: No change “for a while” but reform coming
The National Association of Estate Agents has launched its Sales Protocol Toolkit, in a bid to reduce fall-throughs and dramatically improve transaction times. The kit, introduced at the NAEA conference yesterday, has been road tested with 200 completed transactions in the Buckinghamshire, Bedfordshire and Northamptonshire areas with startling results. The… Read More »Transaction times slashed and fall-throughs cut by new agents toolkit
