Posts by Andrew Stanton
BREAKING NEWS – top 5 stories 17/03/2021
WILL THE GOVERNMENT REFORM CAPITAL GAINS TAX? Despite the 3rd of March budget, CGT is still a hot potato with consultation taking place at present to see what is ‘best policy’. The ramifications for the property industry could be severe, as presently the tax payable on a second property at point of disposal is 28%…
Read MoreBREAKING NEWS – top 5 stories 16/03/2021
ANTI-MONEY LAUNDERING COMPLIANCE NOT JUST A PROPERTY PROFESSIONALS OBLIGATION NatWest bank has had criminal proceeding brought against it by the FCA, over the receipt of just one amount totalling £264M. The actual alleged offence dates back four years, but now NatWest may find itself in the dock. Given that the real estate sector in the…
Read MoreBREAKING NEWS – top 5 stories 15/03/2021
MODERN METHOD OF AUCTION – MILTON RODOSTHENOUS AIRS HIS VIEW A debate is developing regarding exactly who benefits from the Modern Method of Auction, an alternative to the mainstream sale by private treaty process. Founder of Lets Bid, Milton Rodosthenous has stated that some using the system charge large non-refundable deposits, whereas his company is…
Read MoreBREAKING NEWS – top 5 stories 12/03/2021
SAVILLS SEES PROFITS HIT Pre-tax profit fell by 28%, down to £96M from £115M, Savills are bullish about the coming year, but clearly there are clouds on the horizon with a raft of Nom-Dom taxes on the horizon from April. Clearly, they have a global brand, but in an uncertain world, financial liquidity is certainly…
Read MoreBREAKING NEWS – top 5 stories 11/03/2021
RIGHTMOVE ON THE BLINK Last week I noticed that my local agent was having problems uploading new stock to Rightmove. Having made an investigation into it – Rightmove suggested it was an isolated incident and it was possibly the agent and their system that created the problem. Now from information that Rightmove has sent out…
Read MoreRopa Old Before Its Time & Propertymark – Project Fear
The chief architects of RoPA are over 80 years old and 75 years old. Real estate is nearer the needs and buying habits of Gen-Z who now populate over three quarters of the global population. Maybe instead of trying to reverse engineer real estate, and put in place a set of gatekeepers, kick over the…
Read MoreThe Problem With Propertymark
Do I like the idea of an organization that nurtures and helps its membership, who defends its interests, listens to its members needs and is the torch bearer of truth, integrity and is above approach with regard to its financial probity, especially as it may sell guidance to its membership on this very topic? The…
Read MoreBREAKING NEWS – top 5 stories 10/03/2021
FINANCE CHIEF OF PROPERTYMARK RESIGNS – SEVEN DEPARTURES IN 10 MONTHS Following on from our reporting yesterday Kate Hawkins Chief Finance Officer has resigned to ‘seek other opportunities’. Also a non-executive Helen Herniman has resigned, this means that in the last 10 months;- the Chair has left, David Cox has left, Mark Hayward has left,…
Read MoreBREAKING NEWS – top 5 stories 08/03/2021
BOOMIN TO LAUNCH ON 2ND OF APRIL Nobody’s fool, Boomin swerve the 1st of April, as they announce the 2nd of April 2021 to launch. As the founders of Boomin have reportedly said and as they say they are not looking to win the big three portal race, they are in a different event altogether,…
Read MoreBREAKING NEWS – top 5 stories 05/03/2021
BUDGET MEANS FULL STEAM AHEAD FOR HOUSING MARKET – IS THAT A GOOD THING? The Chancellor’s budget with an extension of the SDLT holiday until the end of June, and a further tapering of no SDLT in the 125,000 to 250,000 banding, for a further three-months until September, has created a stampede to do all…
Read MoreDAY IN A LIFE … Heather Staff
What does a day in the life mean? Definition (expr.) a typical day; a normal day. Examples I wonder what a day in the life of a Rock star is like? We continue this series of daily insights with: – Heather Staff, Co-Founder of newly launched Estate Agency CRM street.co.uk and prospecting tool, Spectre. Heather and her brother Tom,…
Read MoreBREAKING NEWS – top 5 stories 04/03/2021
STAMP DUTY HOLIDAY EXTENDED 3-MONTHS As many pundits predicted the cliff edge of the 31st of March, has been replaced by the cliff edge of the 31st of June, thanks to the Chancellor. And for the following three-months, ending on the 31st of September there will be no SDLT payable in the £125,000 to £250,000…
Read MoreBREAKING NEWS -top 5 stories 03/03/2021
STARBERRY ACQUIRED BY EPROPSERVICES In the second, of what now looks like a trend technology brands are buying up or into website providers who have cutting edge services which create lead generation for clients. This time it is Ben & Rus Sellers of Starberry being bought out by epropservices headed up by CEO Jon Cooke.…
Read MoreChris May is on a mission to give power back to the agents – join him
Up until the late 1990’s and the arrival of property portals, estate agents were the biggest beasts in the property jungle. Then things changed, and all their housing inventory became diced and sliced onto a big digital billboard, where their natural branding disappeared sacrificed on a search criteria of price, house type and postcode. Quite…
Read MoreBREAKING NEWS – top 5 stories 02/03/2021
IS ONLINER EMOOV PIVOTING INTO BECOMING AN i-BUYER? It has been recently announced that Emoov (2) the assets that were bought from the administrator of Russell Quirke’s original Emoov and merged Sarah Beeny’s Tepilo, are now to offer an i-Buyer service to its vendors who are in distress. Since it started trading under new ownership…
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