A buying agency targeting what it calls the “prime and super-prime” London market is offering clients not only a sourcing service, but also options to redesign and remodel their chosen new homes as well. Capital Place Properties – led by the son of a former Savills chief executive – says it offers… Read More »Son of ex-Savills boss slams traditional buying agents as “outdated”
The estate agency industry is still under the spotlight for possible illegal price fixing cartels according to the Competition and Markets Authority. In recent years the CMA has taken action against three examples of anti-competitive practice in the property sector and the latest warning, issued yesterday, was contained in a… Read More »New warning to estate agents over illegal price-fixing
An estate agency founded in 1995 has undergone a management buyout from two existing director. Westcoast Properties is a north Somerset firm, now owned by existing director Nicholas Webber and associate finance director Lindsay Pickles. Previous owners Martin and Kay Crees are to remain a part of the business, with… Read More »Agency undergoes management buyout after 25 years
The new portal OpenBrix, which is powered by Blockchain, has revealed its fee structure ahead of its formal launch on September 1. It’s going to charge £75 per branch per month, plus £1 per property upload fee. If agents then want to join a multi-listing system it will operate, they… Read More »New portal reveals charges to agents plus extra for multi-listing service
Government leaks to mainstream and building trade media suggest the controversial Help To Buy scheme will be extended beyond its end-of-2020 deadline.
HM Land Registry is now accepting witnessed electronic signatures on documents for the transfer of ownership of property, the creation of leases, and on securing mortgages.
Agents have almost unanimously been reporting a big surge in business since the reopening of the housing market, but new figures from HM Revenue & Customs suggest there is still some way to go before normal volumes are seen.
The mortgage arm of a regional property portal has launched pre-approval software which it claims will significantly speed up the initial stages of the mortgage application process.
Today could be the final nail in the coffin for the High Street, which has been slowly withering away for the last 2/3 decades, firstly due to increasing losses to out of town shopping malls, then increasing loss of business to online stores and finally the lockdown. Matters have been… Read More »Government set to finally kill off the High Street
It’s a big day for leasehold reform today with the Law Commission due to publish three residential leasehold and commonhold reports. They will be formally launched at an All-Party Parliamentary Group on Leasehold and Commonhold Reform taking place at 10am. The Commission’s brief, given to it by the Ministry of… Read More »Big day for Leasehold reform as Law Commission issues reports