Posts by EAN Breaking News
LSL Property Services pre tax profits slide 42%
With leading estate agency brands of Your Move and Reeds Rains to its name, LSL Property Services has released unsurprising negative profit figures for 2018 with a turnover of £324.6 million and pre tax profits of £23.1 million which is a 42% drop. The group which operates over 200 estate agent branches along with a…
Read MoreBlackpool FC remove Oystons Estate Agents sign – Fans rejoice
Blackpool football club have taken down the Oystons Estate Agency sign from their stadium to the delight of many of their fans whom resented it being there. Bloomfield Road is the home of the famous football club Blackpool for whom Stanley Matthews was one of their most famous players. On 25 February 2019 Oyston and his…
Read MoreProperty Alliance Group sees profits double to £11 million
The developer Property Alliance Group with a wage bill of over £2 million saw an annual profit increase from £5.7 million to £11 million up to June 2018. Despite recent troubles that saw a legal battle lost against one of their own former bankers costing the firm £1.3 million (with a further £3.2 million set…
Read MoreWhat cost to live next to a Premier League football ground?
Living next door to a foot ball ground will be for some a massive headache and nightmare where others would see it as their lives fulfilled – Ultimately, it will boil down to if you are a lover of football or not I suppose! An interesting bit of research done by Ticketgum.com took a look…
Read MoreBuy-to-Let Developer Jailed for Six Months
The Financial Conduct Authority (FCA) led an investigation and ultimately a successful case against a buy-to-let developer who ran unlawful property schemes and also mislead varied investors in African Land and Reforestation Projects. Good news that a continuation of cleaning up the industry is taking place to route out the illegal nonprofessionals. Sentence passed was…
Read MoreCountrywide fined £215,000 re overlooking Money Laundering
UK estate agency brand Countrywide has been reported to have received a fine of £215,000 following failing to comply with the rules set for spotting dirty money – This follows an intensive programme from the government (Her Majesty’s Revenue & Customs) looking to take action against money laundering within the industry. Unannounced inspections have taken…
Read MoreRightmove network drops 2%
Maybe it is the sign of the times ie Brexit (anything that goes wrong globally is blamed on Brexit so sod it, I’ll keep the trend going) or maybe it is the recent growth of OnTheMarket who have been on an advertising and signing up agenda of recent. The ‘UK’s number one property website for…
Read MoreHunters Property appoints new COO – Dan Rafferty
The estate agency Hunters Property has released the news that they have appointed Dan Rafferty as their new Chief Operating Officer. Mr Rafferty was previously the CIO of Foxtons.
Read MoreA look at property related Crowdfunding projects this week
There will always be one type of start up within the property industry that is looking to raise some finance, here is a quick overview of which are looking for what across Crowdcube and Seedrs – Know of any more this week then let us know! Crowdcube: Trend – Only 11% of the £17.7bn UK furniture…
Read MoreFire at Canary Wharf
Looked at lot worse than it was (fortunately) and nobody was inured – The cause has been declared as an air conditioning unit having caught fire within the Barclays Building of Canary Wharf. The dark smoke though shocked some onlookers as it poured out from the roof area over the night sky of London. 60…
Read MoreProperty in Spain’s coastal regions continue to be a major draw for international buyers
Spain’s coastal destinations are attracting increasing numbers of mid to high-end foreign buyers as the second home market goes from strength to strength. Figures from Lucas Fox’s latest Market Reports show that the number of buyers in the most sought-after coastal regions – the Costa Brava, Costa del Sol, Sitges and Ibiza – increased by…
Read MoreFUNDING SECURED FOR 407-BED STUDENT SCHEME ON PRIME LEEDS SITE
Gregory Property Group has announced forward funding and started on site to deliver a prominent, new 407-bed student residential scheme on the edge of Leeds city centre. Planning consent was granted in November last year for the £30 million plus scheme located on a prominent site on Bingley Street. Until recently, the site was occupied…
Read MoreLandlord Ban in London – A good idea?
Over in the EU and Berlin there are growing rumours that a ban on landlords is being pushed by renters due to increasing rental costs and the profits that property offer investors – People simply want the opportunity to live a decent life instead of living to work to increase the profits and better life…
Read MoreHouse for sale with ‘Brexit Discount’
It is proposed as the first of its kind – A property for sale with its very own ‘Brexit Discount’. A Simon and Anne Foulkes are selling their home on Littlestone Road home in New Romney with a pre-Brexit discount in hope that it will gain a quick buyer. Though many will know that Brexit…
Read MoreSell your property for £199 with easyProperty!
easyProperty are looking to shake things up with a launch offer to sell your property for under £200! Based in Gloucester, the branch of the national hybrid agency, led by experienced property sales agent Toni Griffiths, is looking to make a positive impact locally are building their brand awareness with a rock bottom price offering.…
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