Posts by EAN Breaking News
Newton and Fallowell purchases lettings & sales business
Newton and Fallowell, based in Grantham, have acquired the sales and letting devision of Escritt Barrell and Golding – Founder and MD of Newton Fallowell, Mark Newton, was quoted as saying: “I am very happy to confirm that Newton Fallowell has acquired the sales and lettings portfolio of EBG.” Full story on the Grantham Journal…
Read MoreGerman Media Group further investment in to Purplebricks
Recent news story states that Axel Springer, the German media group, have furthered their investment stake in to the online estate agency concept of Purplebricks. The double equity stake was recently made with thoughts now that this move could see a new bid coming in for the PLC that has divided many within the UK…
Read MoreiOpt, #PropTech firm from Glasgow, secure 6 figure seed investment
Dane Ralston, founder and managing director of iOpt, will have cause to celebrate as his company received a six figure seed investment sum. The Glasgow based techonology #Proptech start up firm secured a total of £600,000 enabling it to scale up their business including creation of six new roles within the company over the next…
Read More£6.2 million project for 35 new affordable homes put on hold
A multi-million pound project that will see the town of Peterborough having an additional 35 affordable homes has been put on hold following a challenge – Peterborough City Council said the project was to help to get people off their housing list. The planning was for the homes to be built on Crowland Road in…
Read MorePlans submitted for 420 New Homes in Colchester, Essex
Plans have been submitted for over 400 homes to be built on the Fiveways Fruit Farm site submitted for 420 new homes at Colchester’s Fiveways Fruit Farm site in Colchester. The proposed development would see expansion work on the Fiveways junction to provide a four-arm roundabout. The application seeks outline and full planning permission for…
Read MoreTPO Issues reminder to all agents regarding redress membership as agent is fined £3,000 by local authority
The Property Ombudsman has issued a reminder to all agents to ensure they have the correct redress membership to cover the work they undertake. This comes after a letting agent was issued with a £3,000 penalty by their Local Authority for not having redress membership to cover their Residential Leasehold Management work, despite being a…
Read MoreMajority of home buyers failing to cover themselves for the worst
Leading property finance specialists, One77 Mortgages, has revealed that a high number of home buyers are failing to protect themselves for the worst by not taking out additional life or critical illness insurance. A survey of over 5,000 current homeowners found that despite almost record levels of mortgage product affordability, savvy home buyers are still…
Read MoreBoom to bust cycle fears for Irish property market?
Concerns over a boom to bust cycle for the Irish property market have been spoken about in the online Irish Times channel. An influx of foreign investors are seen to be the main cause of concerns of a new surge on no foundation situation – more and more borrowing being the fuel of the market…
Read MoreJonathan Waters Estate Agents leaves tenants and landlords £30,000 out of pocket
A news report on the Ipswich Star website explains how an estate agency in Ipswich has left both tenants and landlords out of pocket following going in to liquidation. £30,000 of deposits have supposedly gone missing though should have gone in to the government backed protection scheme in order to safe guard the money. The…
Read MoreLandlord & Property Management firm fined £16,000 in Colchester
A news story just up the road from us, Saxons Lettings and Management Ltd along with Jide Olugbodi have been fined a total of £16,000 for ignoring complaints from tenants re poor living conditions within an unlicensed property. The five tenants within the property on Albany Gardens in Colchester had issues to include cooker and…
Read MoreNew guidance on commissioning services in new homes
The NHBC Foundation today publishes a guide that helps site managers oversee the many commissioning activities that are important to a smooth build programme and delivering high quality homes for home buyers. At your services – What to expect during commissioning – produced in collaboration with BSRIA, is a response to the ever-expanding family of…
Read MoreRussell Quirk: ‘Online estate agents will only ever be 10% of the whole industry’
Russell Quirk stood up and declared he had gotten things wrong when he predicted that online estate agency would scale up to be 35% of the whole industry and many people believed in him and his company Emoov back then as he received £millions in funding to grow his business from an idea to a…
Read More1,000 New homes coming for Midlands
Countryside & Midland Heart Housing Association have signed a partnership agreement that will see 1,000 new homes to be provided to the region over the next three years (33% are already at advanced stage of development). Ian Kelley, Chief Executive, Partnerships North, Countryside was quoted as saying: “We are delighted to be extending our partnership…
Read MoreKAJIMA EUROPE AND GRIFFIN REAL ESTATE PARTNERS BUY STUDENT DEPOT
KAJIMA EUROPE AND GRIFFIN REAL ESTATE PARTNERS BUY STUDENT DEPOT POLAND’S LARGEST PROVIDER OF PRIVATE STUDENT ACCOMODATION FROM OAKTREE CAPITAL MANAGEMENT Student Depot which by September 2019 will operate 2,000 beds across five sites in Poland was purchased in a transaction worth over €60 million representing half of the Polish Purpose Built Student Accommodation market.…
Read MoreOxford City Council’s accreditation scheme deemed ‘unlawful’
The Residential Landlords Association (RLA) has told Oxford City Council that its landlord accreditation scheme is ‘discriminatory’ and ‘unlawful’ and also breaches European Union directives. A report on the Oxford Mail website shares that the words were told to Oxford City Council in relation to their private rented sector, David Smith, the policy director for…
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