Posts by Andrew Stanton
BREAKING NEWS – top 5 stories 07/06/2021
JASON TEBB – BREATHES NEW LIFE INTO ‘ON THE MARKET’ – AND IN RECORD TIME It is pretty rare that I actually praise anyone, mostly because I do not court fame or favour – I just say it as it is, but Jason Tebb CEO of OnTheMarket impresses me. He inherited a poisoned chalice, a…
Read MoreBREAKING NEWS – top 5 stories 04/06/2021
ONE IN TEN IN ESTATE AGENCY INDUSTRY STILL ON FURLOUGH According to analysis released today almost 20,000 of estate agency personnel are still on some form of Furlough so about 10% of the total central core property professionals. This may seem stunning as of course the residential market has been turbo charged. WillNEE SOCIAL INFLUENCER…
Read MoreBREAKING NEWS – top 5 stories 28/05/2021
POSSIBLY AS MUCH AS 7% OF PRS TENANTS UNABLE TO PAY THE RENT Although it remains to be seen as the evictions ban is still in force until Tuesday, a recent analysis has suggested that as many as 7% of those in the private rental sector of housing can not pay all or part of…
Read MoreBREAKING NEWS – top 5 stories 27/05/2021
BARRATT DEVELOPMENTS IN HUGE FLAT BUY BACK DEAL A development of nearly 100 units that had all been sold by Barratt developments, have now all been bought back from the leaseholders, due to large scale problems with the construction of the build. The problems with the building came to light as part of the nationwide…
Read MoreBREAKING NEWS – top 5 stories 26/05/2021
WHY ARE PROPERTY PORTALS SUDDENLY BECOMING PROPTECH INNOVATORS? Since early 2017 I have been a great advocate of Proptech, having formally been an analogue agent for the previous three decades, I went on to be a Proptech Influencer and analyst, then setting up Proptech-PR. Since then I have met and listened to over 370 Proptech…
Read MoreBREAKING NEWS – top 5 stories 25/05/2021
FIXFLO EXIT TO AAEON AG AFTER A DECADE BUILDING THE BUSINESS Most Proptech enterprises have two exit strategies the IPO route, becoming a listed company and floating or being bought up by a company with deep pockets, usually so the company can further develop the business, usually retaining the team in place. Rajeev Nayyar &…
Read MoreBREAKING NEWS – top 5 stories 24/05/2021
LANDLORDS RE-INVEST IN THEIR PROPERTY PORTFOLIO According to a recent survey it has been found that over three quarters of landlords put some of their cash from letting their properties back into the property asset each year. The typical spend per landlord being in excess of £8,000 per year. INSTRUCTION LEVELS FOR AGENTS IS WORST…
Read MoreBREAKING NEWS – top 5 stories 21/05/2021
GETAGENT OMITS PURPLEBRICKS FROM ITS AGENCY LEAGUE TABLES – AS NOT PROPER AGENT GetAgent founder and CEO Colby Short has gone on record that he feels that online agents are not proper agents, and he recently has produced league tables that omit their existence. I am surprised as Purplebricks in 2018, 2019 (and for most of…
Read MoreBREAKING NEWS – top 5 stories 20/05/2021
3% OF HOUSEHOLDS OWN A SECOND PROPERTY IN THE UK According to the most recent figures issued by the government, up to just over a year ago nearly 2.4M property owners had at least one other home. A large swathe of these were rented out, but interestingly enough over 770,000 homes were not. Given the…
Read MoreBREAKING NEWS – top 5 stories 19/05/2021
WILL INDIAN VARIANT COOL HOUSING MARKET IN COMING MONTHS? It has been disclosed that the government is making contingency plans should the Indian Variant of Covid-19 leads to another lockdown, be it a national one or a more localised approach. Clearly it is a wait and see approach at present, but mixed messages are now…
Read MoreBREAKING NEWS – top 5 stories 18/05/2021
TELEGRAPH RUNS CRYOTO CURRENCY TALE OF WOE FOR WOULD BE £1M HOME BUYER A recent article in the Daily Telegraph tells of how a buyer wished to use the profit from their cryptocurrency holdings to buy a prime property, but the solicitor’s and also lenders are wary of large sums that are not easily traced…
Read MoreBREAKING NEWS – top 5 stories 17/05/2021
THREE YEAR INNOVATION PARTNER TIE UP ZOOPLA & LRG Charlie Bryant, CEO of Zoopla and Peter Kavanagh, CEO of the Leaders Roman Group have announced a three year tie up, where LPG will become the latest Innovation Partner. This symbiotic arrangement will give the LGR a close in to new innovation and a front seat…
Read MoreBREAKING NEWS – top 5 stories 14/05/2021
ALPHALETZ WINS ‘BEST GLOBAL-BASED PROPERTY MANAGEMENT PLATFORM 2021 Building on the success of their initial launch, Alphaletz has further enhanced their product offering, and are today announcing the launch of their new mobile and online app in conjunction with the award for ‘Best Global Cloud-Based Property Management Platform of 2021’ The award has been won…
Read MoreBREAKING NEWS – top 5 stories 13/05/2021
THE OPEN PARTNERSHIP £19BN OF MORTGAGES LAST YEAR, ALREADY £5.7BN IN Q1 2021 Staggeringly, TOP did nearly £6BN of mortgages from January to March this year, which is a standout record. The big question is will the bubble burst as we see a tailing off of activity in the housing sector? Obviously re-mortgage business will…
Read MoreBREAKING NEWS – top 5 stories 12/05/2021
QUEENS SPEECH HAS NEW PLANNING BILL AT ITS HEART Following yesterday’s Queens speech, a bill likely this autumn will look at ending section 106 agreements, utilise a coding system, with councils having to zone land as renewal, protection, or growth, with growth meaning that ‘automatic’ outline planning would be implicit. Clearly this is going to…
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