Breaking News
Leave property prices ahead of remain as PM agrees on new extension
The prime minister has agreed yet another extension to the Brexit deadline meaning the UK market will remain in Brexit limbo until the end of October. While a topic of much controversy, research by for sale by owner platform, www.OkayLah.co.uk, has highlighted one silver lining of the delays for leave voters in England and Wales….
Properganda PR
New Global CEO for JLL
It has been recently announced by JLL a new Global CEO in Neil Murray will soon be in place. He will be succeeding John Forest who is leaving the role to return to Australia – Mark Caskey will succeed Neil Murray as EMEA CEO, Corporate Solutions. Changes are expected to take place on June 1st…
EAN Breaking News
Dublin property price growth rate now slowing
Dublin residential property prices are still rising yet at a much slower rate seen by the 4.3% growth from February 2018 – 2019 compared to 12.5% from February 2017 – 2018. This represented the slowest growth rate since 2013. Dermot O’Leary, chief economist at Goodbody was quoted as saying: “Ongoing moderation in house price inflation…
EAN Breaking News
Traditional estate agency sector ups its game – complaints numbers & fee growth fall year on year
Research by estate agent comparison website, GetAgent.co.uk, has found that traditional estate agents have upped their game amidst tougher market conditions and growing competition, with the number of complaint cases being formally upheld by the TPOS declining year on year as well as the growth in the average fee to sell a property also declining….
Properganda PR
Meridian Estate Agents charged with 11 offenses
An article in the Bournemouth Echo website reports that Meridian Estate Agents has been charged by Bournemouth council’s Trading Standards team with eleven offences that come under the Unfair Trading Regulations to include five counts of trader engaging in commercial practices being ‘misleading’. Owner Mr Illsley, of Southbourne, had originally been charged with eleven offences…
EAN Breaking News
Property ‘magnate’ empire collapses owing £27 million
A so called Blackburn property magnate has seen his empire go under and ended up owing £27 million. Stewart Day (former Bury FC chairman) has a big bill on his hands now owed to the creditors with many investors, corporate lenders and consumers set to also lose out on deposits and fees paid under terms…
EAN Breaking News
Fulton’s Solicitors and Estate Agents acquired by Gildeas
Fulton’s Solicitors and Estate Agents, with offices in Mount Florida and Clarkston, has recently been acquired by Gildeas conveyancing practice. The merger will take place with Fulton’s who will continue to trade separately under their own brands. Gildeas director Colin Ferguson was reported as saying: “We are delighted to have completed the acquisition of Fulton’s…
EAN Breaking News
Increasing rent rises due for home owners in Ireland thanks to corporate investors
A new forecast is stating that genuine renters will continue to suffer with Irish property thanks to heavy investments from corporates looking to make their share holders richer – Long gone are the days when a home was a home, now it is simply a way for businesses to make money so it would seem…
EAN Breaking News
Newly Formed FIA Means Business – Signs Up Big Hitting Supplier
Fresh from recent news that Graham Lock is about to launch the Federation of Independent Estate Agents (FIA), is the announcement that one of our industry’s best known suppliers has agreed to partner with them. Yomdel, the 24/7 managed live chat, mystery shopping and customer experience expert, has today said that they will be supplying…
EAN Breaking News
Estate Agency Group sees revenue dip thanks to a ‘subdued’ market
The franchised sales and lettings agency Hunter Property who have their headquarters based in York have seen a rise in profits yet a fall in turnover following annual results being released on their year to year business up to 31st December 2018. Their net income rose a marginal amount to £39.4 million which is up…
EAN Breaking News
German public fight back against rising property rental costs
For sure we are seeing some over inflated costs for rentals in the UK, many folk are paying more and more towards their rent and having to sacrifice at times basic essentials so to keep the landlords pockets aligned, it been sometime since we can really call a home a home, more a home is…
Christopher Walkey
Time it takes to save for a house deposit falls due to slowing housing market
Good news for buyers in that recent figures released in an article on the Bournemouth Echo website shows that the time needed to save for a deposit for a house has fallen. Now standing at 13 years, which to be honest is a ridiculous situation as it is, a single person in the south west…
EAN Breaking News
“60% of houses listed reportedly have initial price reduced before they’re sold”
A recent article on the Daily Mail online website leads with the title that estate agents are purposely increasing the valuation they put on to property in order to gain higher commission on sales. An alarming figure of almost 60% of houses listed have reportedly gone on to be reduced before being sold. Average price…
EAN Breaking News
Winners of the NFB Awards 2019 announced at ceremony in Birmingham
Construction companies and industry figures from across England and Wales gathered in the Midlands to celebrate outstanding contributions made to the built environment, and the high quality work and commitment delivered by both NFB members and non-members across the regions. Hosted by ITN’s broadcaster and journalist, Nina Hossein, alongside actor, comedian and writer, Robert Llewellyn,…
National Federation of Builders
House prices drop 1.6% in April according to Halifax – Comments from industry:
Managing Director of One77 Mortgages, Alastair McKee, commented: “Yet more erratic monthly price movement is to be expected given the unpredictability of the wider political landscape and the extreme spike in prices seen the previous month. Much like our current position with the EU, the UK market isn’t quite sure whether it’s coming or going…
Properganda PR