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.... By contrast, the typical asking price in the central borough of Southwark leapt more than 9% from £618,000 to £676,000 between August and September . Roger Collings, a branch manager at the estate agent RE/MAX specialising in Pimlico, Westminster, Mayfair and surrounding areas, said: “Since the introduction of the 3% surcharge on stamp duty paid by investors, along with the uncertainty as to how Brexit will impact London’s property market, investors have been standing on the sidelines. ... [Read full article on Guardian ]
Sunday 17th of September 2017 11:01:53 PM
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....1%. Jeremy Leaf, a north London estate agent and a former Royal Institution of Chartered Surveyors (Rics) residential chairman, warned against being carried away by the Halifax figures. ... [Read full article on Guardian ]
Thursday 7th of September 2017 08:42:06 AM
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....”. A shortage in the number of homes on the market is underpinning house price growth, with the number of properties on estate agents’ books close to 30-year lows. ... [Read full article on Guardian ]
Tuesday 29th of August 2017 07:15:43 AM
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. A group of estate agents who secretly conspired to keep their fees high to make “as much profit as possible” have been fined £370,000 for operating an illegal cartel. ... [Read full article on Guardian ]
Monday 18th of September 2017 02:43:50 PM
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.... It appears to have been put up for sale and then withdrawn. Once the property of Lily Safra, widow of billionaire banker Edmond Safra, it was marketed at £45m by the estate agent Savills, according to an advert which states it has now been “removed by the agent”. ... [Read full article on Guardian ]
Saturday 16th of September 2017 07:00:05 AM
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....However, sellers have been urged to be "realistic" about prices, in order to make a sale. Jeremy Leaf, north London estate agent and a former RICS residential chairman, said: "These figures are encouraging because they are reflecting what we have seen on the ground - in other words, even after the uncertainty of the general election result and the beginning of serious Brexit negotiations, buyers and sellers are shrugging off concerns and getting on with moving. ... [Read full article on Daily Express ]
Wednesday 30th of August 2017 02:57:00 PM
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.... We’re told the majority will (just) remain standing. There would of course be no tears for the estate agents and buy-to-let merchants wiped out by a property crash. ... [Read full article on Guardian ]
Tuesday 29th of August 2017 05:13:53 PM
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. The man who co-founded the investment company Hargreaves Lansdown above a firm of estate agents in 1981, and is now worth £2bn after floating it on the stock exchange, is launching a fund management group called Blue Whale. ... [Read full article on Guardian ]
Saturday 9th of September 2017 05:59:00 AM
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.... Critics believe the tax is responsible for the recent slowdown house price growth. Lucy Pendleton, from estate agents James Pendleton, said: “We’re back into negative territory and the annual growth rate has been broadly shrinking like a tyre with a slow puncture since the middle of last year so no surprises that the trend has continued. ... [Read full article on Daily Express ]
Tuesday 29th of August 2017 12:59:00 PM
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. Savills, the estate agent to London’s elite, is facing accusations that it breached client confidentiality during a bitter battle between the billionaire Candy brothers and a former business associate. ... [Read full article on Guardian ]
Monday 28th of August 2017 03:39:08 PM
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....However, some experts have warned the market could be in for more bumps in the coming months. Jeremy Leaf, north London estate agent and a former RICS residential chairman, said: "Before we get too carried away by the numbers it is worth remembering that house-price growth is being underpinned by a shortage of supply, including housebuilding, historically low mortgage rates and relatively low unemployment, rather than strong buyer demand. ... [Read full article on Daily Express ]
Thursday 7th of September 2017 08:54:00 AM
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....Britain’s fastest rising values are now found outside of the capital and southern areas, in stark contrast to the years after the financial crash. Growth is strong in Birmingham, the rest of the Midlands and the East of England, according to analysis of HM Land Registry data by estate agent Savills. ... [Read full article on Daily Express ]
Friday 8th of September 2017 01:38:00 PM
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....” . Russell Quirk, chief executive of estate agent eMoov. ... [Read full article on Daily Express ]
Sunday 10th of September 2017 12:01:00 AM
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Latest Finance News related to Estate Agent

CMA fines estate agents cartel £370,000 for rate fixing image
Source : Guardian [Read Article] Monday 18th of September 2017 02:43:50 PM
. A group of estate agents who secretly conspired to keep their fees high to make “as much profit as possible” have been fined £370,000 for operating an illegal cartel. ...
Asking prices for London homes record biggest falls this decade image
Source : Guardian [Read Article] Sunday 17th of September 2017 11:01:53 PM
.... By contrast, the typical asking price in the central borough of Southwark leapt more than 9% from £618,000 to £676,000 between August and September . Roger Collings, a branch manager at the estate agent RE/MAX specialising in Pimlico, Westminster, Mayfair and surrounding areas, said: “Since the introduction of the 3% surcharge on stamp duty paid by investors, along with the uncertainty as to how Brexit will impact London’s property market, investors have been standing on the sidelines. ...
Christian Candy reshuffles assets worth more than £300m in a year image
Source : Guardian [Read Article] Saturday 16th of September 2017 07:00:05 AM
.... It appears to have been put up for sale and then withdrawn. Once the property of Lily Safra, widow of billionaire banker Edmond Safra, it was marketed at £45m by the estate agent Savills, according to an advert which states it has now been “removed by the agent”. ...
House prices: How to get the BEST deal from your estate agents image
Source : Daily Express [Read Article] Wednesday 13th of September 2017 10:10:00 AM
....With a bit of careful preparation you can make the experience a lot less stressful and expensive and sell your house fast and for a higher price as well. Here’s how to get the best from your estate agent. ...
Does Peter Hargreaves have a whale of an opportunity for UK investors? image
Source : Guardian [Read Article] Saturday 9th of September 2017 05:59:00 AM
. The man who co-founded the investment company Hargreaves Lansdown above a firm of estate agents in 1981, and is now worth £2bn after floating it on the stock exchange, is launching a fund management group called Blue Whale. ...
House price map reveals the surprising areas growing fastest in Britain image
Source : Daily Express [Read Article] Friday 8th of September 2017 01:38:00 PM
....Britain’s fastest rising values are now found outside of the capital and southern areas, in stark contrast to the years after the financial crash. Growth is strong in Birmingham, the rest of the Midlands and the East of England, according to analysis of HM Land Registry data by estate agent Savills. ...
House prices hit record high as market shakes off Brexit doom-mongers image
Source : Daily Express [Read Article] Thursday 7th of September 2017 08:54:00 AM
....However, some experts have warned the market could be in for more bumps in the coming months. Jeremy Leaf, north London estate agent and a former RICS residential chairman, said: "Before we get too carried away by the numbers it is worth remembering that house-price growth is being underpinned by a shortage of supply, including housebuilding, historically low mortgage rates and relatively low unemployment, rather than strong buyer demand. ...
UK house prices rising amid shortage of properties, says Halifax image
Source : Guardian [Read Article] Thursday 7th of September 2017 08:42:06 AM
....1%. Jeremy Leaf, a north London estate agent and a former Royal Institution of Chartered Surveyors (Rics) residential chairman, warned against being carried away by the Halifax figures. ...
House prices to stay strong as cheap mortgage rates help lending hit nine-year high  image
Source : Daily Express [Read Article] Wednesday 30th of August 2017 02:57:00 PM
....However, sellers have been urged to be "realistic" about prices, in order to make a sale. Jeremy Leaf, north London estate agent and a former RICS residential chairman, said: "These figures are encouraging because they are reflecting what we have seen on the ground - in other words, even after the uncertainty of the general election result and the beginning of serious Brexit negotiations, buyers and sellers are shrugging off concerns and getting on with moving. ...
​Some might pray for a house price crash, but be careful what you wish for | Patrick Collinson image
.... We’re told the majority will (just) remain standing. There would of course be no tears for the estate agents and buy-to-let merchants wiped out by a property crash. ...
House prices tumble as stamp duty hits record high  image
Source : Daily Express [Read Article] Tuesday 29th of August 2017 12:59:00 PM
.... Critics believe the tax is responsible for the recent slowdown house price growth. Lucy Pendleton, from estate agents James Pendleton, said: “We’re back into negative territory and the annual growth rate has been broadly shrinking like a tyre with a slow puncture since the middle of last year so no surprises that the trend has continued. ...
House price fall renews concern over cooling UK economy image
Source : Guardian [Read Article] Tuesday 29th of August 2017 07:15:43 AM
....”. A shortage in the number of homes on the market is underpinning house price growth, with the number of properties on estate agents’ books close to 30-year lows. ...
Client accuses Savills of confidentiality breach in Candy brothers dispute image
. Savills, the estate agent to London’s elite, is facing accusations that it breached client confidentiality during a bitter battle between the billionaire Candy brothers and a former business associate. ...
Going underground: number of Britons digging basements soars image
Source : Guardian [Read Article] Wednesday 23rd of August 2017 05:01:05 AM
....Henry Pryor, a London-based property agent, said that with the cost of climbing the property ladder now so eye-watering, many people were doing whatever they could to improve properties rather than move. “Stamp duty, estate agent fees, conveyancing and inevitable improvements to a new home all mean that punching up into the attic or digging down to create more space is now a viable alternative for those who are moving just to get more space,” he said. ...
House prices: Northants leads Midlands 'mini-boom', says Rightmove image
Source : Guardian [Read Article] Monday 21st of August 2017 05:01:02 AM
....”. Adam Wellesley, director of Horts estate agents in Northamptonshire, said the rise in prices was “likely to be down to the close vicinity for commuters to get to London Euston, as you can now get there within 48 minutes”. ...
Global super-rich agreeing to rent luxury London homes without visiting image
Source : Guardian [Read Article] Friday 18th of August 2017 02:39:09 PM
....Wealthy foreigners are prepared to shell out as much as £25,000 a week renting luxury homes in London without bothering to set foot inside before opening their wallets. High-end estate agents report that overseas demand for super-prime London homes is so strong that the global super-rich are agreeing to rent properties after only viewing them on FaceTime or WhatsApp. ...
Boom or bust: what’s the truth about UK house prices? image
Source : Guardian [Read Article] Saturday 12th of August 2017 03:00:48 PM
.... They fell 3% between May and June to 96,910, the lowest level since October 2016, according to HMRC data. Rics said in its latest update that buyer demand had failed to show any meaningful growth since last November and that the flow of fresh listings was deteriorating, so that average stock levels on estate agents’ books were close to record lows. ...
A tale of two housing markets: booming Burnley and stagnant Kensington image
Source : Guardian [Read Article] Saturday 12th of August 2017 03:00:48 PM
....Burnley has the lowest average house price in the UK, at £78,000, according to the Office for National Statistics. It recently hit the headlines when a study from estate agents Countrywide identified it as the “flipping capital” of Britain, with almost one in 10 homes in the Lancashire town being sold multiple times in just one year. ...
For the first time ever I am defending banks. Here’s why | John Harris image
.... The years since the cashpoints almost ran out had seen simmering anger about the endless billions pumped into the big banks and the lack of any obvious reckoning – not to mention exasperation with politicians chained to the demands of high finance, and not nearly interested enough in the millions of people whose only acquaintance with the City lay in the mess it had made. To the delight of Irish estate agents, tailors and wine merchants, more than a dozen banks will shift business to Dublin. ...
'Political uncertainty' blamed for slowdown in UK property market image
Source : Guardian [Read Article] Thursday 10th of August 2017 05:01:28 AM
....“[George] Osborne’s hike in stamp duty has had a negative effect. Removing interest relief for landlords is causing some to sell, [with] few sales now to investors,” said Allen Fuller estate agents in Putney. ...
Is it a bad idea to buy a property in London if it's not home for life? image
.... CP. A Recent claims – made by Paul Cheshire, professor of economic geography at the London School of Economics – of an impending crash and a 40% fall in property values are “quite frankly outrageously unrealistic” according to Russell Quirk, founder and chief executive of online estate agent, eMoov. ...
UK house price rises slow to four-year low, says Halifax image
Source : Guardian [Read Article] Monday 7th of August 2017 09:54:34 AM
.... Both Halifax and Nationwide say a lack of homes on the market will continue to support house prices in coming months. Halifax noted that new instructions for home sales fell for the 16th month in a row in June, with homes listed for sale at estate agents at an all-time low, citing data from the Royal Institution of Chartered Surveyors (RICS). ...
Cowes Week sailing extravaganza spawns a renting boom in Isle of Wight image
....A three-bedroom house just a five minute walk away from the Anchorage is available to rent for £156-a-week – or £8,100 for a whole year. Local estate agents say other teams and rich individuals have spent even more to secure the relatively few high quality large houses on the island, which is also the location of some of the most deprived streets in the country. ...
We could end the buy-to-leave scandal – if the political will was there | Polly Toynbee image
....Empty property bought by investors to sit unused is a scandal the Guardian has exposed this week, finding 1,652 in the Grenfell borough of Kensington and Chelsea alone. Not long ago I interviewed a long-time upmarket estate agent in Knightsbridge, opposite Harrods, who told me she begged foreign buyers to agree to rent out their vacant properties, to no avail. ...
House prices stabilise as number of homes on the market falls image
Source : Guardian [Read Article] Tuesday 1st of August 2017 12:13:12 PM
....”. Gardner pointed to surveys which show that the number of properties coming on to the market is slowing, and the number of homes on estate agents’ books is close to a 30-year low. ...
So estate agents are being replaced by robots? It’s about time | Rhiannon Lucy Cosslett image
....Or is it the buy-to-let landlords themselves, greedily hoarding all the property while the impoverished and the young struggle to make ends meet? Older people, sitting in five-bedroom houses much too large for them? Gentrifiers? Or should we even be angry with our own peers, who, by accident of birth and family and privilege have been given that crucial leg-up into the security and stability that is lacking for so many of us?. So many candidates – but perhaps none is so unpopular, so mistrusted and reviled, as the estate agent. ...
One in five high-street estate agents risk going bust, study claims image
Source : Guardian [Read Article] Monday 31st of July 2017 05:00:39 AM
. One in five UK estate agents are at risk of going out of business amid a growth in online companies, new research shows. ...
Let’s move to Brockley, south-east London image
Source : Guardian [Read Article] Friday 28th of July 2017 03:30:25 PM
.... Duck down the odd back alley, squint and you might have slipped down a wormhole to 1978 when it was full of sociology students from Goldsmiths, bohemians and the scent of wacky baccy and rosebay willow herb. A glance in an estate agent’s window might break the spell, but the geography of hills, valleys and crisscrossing railway lines is complex enough to keep hidden wormholes to a past long disappeared in inner London, like a wee nature reserve off terraced streets, or Hilly Fields park, its stone circle glowering over London’s thrusting skyline, the glorious Rivoli Ballroom, and the shaggy mews of overgrown flora behind the town houses on Wickham Road. ...
Foxtons blames economic uncertainty as profits plunge by 64% image
Source : Guardian [Read Article] Thursday 27th of July 2017 09:25:24 AM
. Profits at London-focused estate agent Foxtons have plunged by 64%, hurt by slowing demand and increased economic uncertainty. ...
Housing market still reeling a decade after financial crisis, Savills says image
....A separate report also released on Thursday claims that only 37% of homes put on the market in London are actually selling, providing further evidence of a slowdown in the property market. The HomeOwners Alliance analysed estate agents’ listings and housing transactions, finding that, in May 2017, 55% of all properties listed resulted in a successful sale, compared with 59% a year ago. ...
REVEALED: The surprise area in Britain seeing bumper house price rises of 7.5% image
....8 per cent respectively. Nick Leeming chairman at estate agent Jackson-Stops & Staff said: "Home owners in the East of England will no doubt be delighted that their region continues to accelerate ahead of the rest of the UK, exhibiting the highest annual growth rate of any region yet again. ...
Let buyers borrow more on greener homes, urges report image
Source : Guardian [Read Article] Tuesday 18th of July 2017 05:01:11 AM
....Homebuyers could take out bigger mortgages if the energy ratings of properties were factored into the lending criteria of banks and building societies, government-funded research has found. Although estate agents are legally bound to display energy performance certificates (EPCs) in property listings, few buying decisions hinge on energy bill costs and the efficiency of a home is not considered in affordability calculations by lenders. ...
What Brexit slowdown? UK housing market shrugs off concerns as property prices creep up image
....6 per cent compared to 2016. According to Rightmove, prospective buyers are “seeing a lot of sold boards on properties they would like to buy themselves”, meaning more than 45 per cent of estate agents’ property stock is now being sold “subject to contract”. ...
UK housing market shrugs off concerns of Brexit slowdown image
Source : Guardian [Read Article] Sunday 16th of July 2017 11:01:34 PM
....6% in June 2017 compared with June 2016, the latest survey by property website Rightmove found. The company added that prospective buyers are “seeing a lot of sold boards on properties they would like to buy themselves” – with over 45% of estate agents’ property stock now being sold subject to contract. ...
Dublin is streets ahead of EU rivals as City firms plan for Brexit relocation image
....The crash still casts a long shadow. The housing shortage is at crisis levels, with the most recent figures showing there were just 3,500 properties to let in the entire country and just 2,800 properties for sale in Dublin, according to Marian Finnegan, chief economist at estate agent Sherry Fitzgerald. ...
MAPPED: Britain’s house price hot spots where values are growing fastest image
Source : Daily Express [Read Article] Friday 14th of July 2017 05:21:00 PM
.... Three consecutive months of falls means values are an average £2,358 less than a peak in March. Oliver Blake, managing director of Your Move and Reeds Rains estate agents, said: “We’ve seen three months of falls, but it’s far too early to panic. ...
Brexit hitting house prices is A MYTH: THIS is the real issue, says top estate agent image
. The estate agent has seen home hunters from across Asia and the Middle East flocking to scoop up property amid the weaker pound, cancelling out a pause among European buyers. ...
HOUSE CRISIS WARNING: Higher interest rates could hit London prices, says top estate agent image
....Higher mortgage costs combined with tighter lending conditions are set to knock the the property market in the capital, according to Savills. Home values rebounded last month, as tracked by Nationwide, but this momentum may not last, said the estate agent. ...
Let’s move to Aylsham, Norfolk: an extraordinarily ordinary delight image
.... But a half-hour drive? That wouldn’t stop me making a spontaneous Saturday morning trip to Cromer with the kids, picnic blanket, bucket and spade and all in the boot. Best thing of all to the middle-aged (ie, me)? You get to come home at the end of the day to Aylsham, one of those extraordinarily ordinary delights they don’t make any more; its Dutch gabled lanes hung with old butchers that sell lard, a palatial wool-town church, or the splendidly named Granville Bond fishmongers for crab sarnies, and – yes – the odd fancy-pants deli and vintage chic home decor emporium, but not so many as to get the estate agents all frothed up. ...
Older homeowners forced to sell properties to clear debt on mortgages image
Source : Daily Express [Read Article] Wednesday 28th of June 2017 08:25:00 AM
....Forced out. Some 43 per cent of estate agents have seen a rise in “forced” sales from customers with interestonly mortgage repayment problems over the past two years, according to new research from Key Partnerships. ...
Endowment plan: Need-to-know advice on interest-only mortgage repayment problems image
....Forced out. Some 43 per cent of estate agents have seen a rise in “forced” sales from customers with interest-only mortgage repayment problems over the past two years, according to new research from Key Partnerships. ...
House sales have fallen by nearly a third in some parts of UK, says Lloyds image
....The average property now changes hands once every eight years, said Patel, a year longer than the commonly held view that people move every seven years, although he added that there is incomplete data in this area. The decline in transaction activity has knock-on effects in other parts of the economy, stretching from income for estate agents and conveyancing solicitors through to sales of furniture and electrical stores which tend to benefit when people move home and buy new goods. ...
Record low interest rates send house prices SOARING for homeowners image
Source : Daily Express [Read Article] Wednesday 21st of June 2017 12:01:00 AM
....The typical UK rise of 41. 2 per cent has been outstripped by soaring hikes in excess of 90 per cent in places like Cambridge, London and Slough, according to online estate agents HouseSimple. ...
Don't believe the hype: the downside of being the next big thing image
Source : Guardian [Read Article] Tuesday 20th of June 2017 09:00:00 AM
.... This can mean playing a longer game. Adam Blaxter, founder of Rentr, an app that allows landlords to rent a property direct to tenants is in the proptech sector where the clarion call is that estate agents are dinosaurs and apps are the way forward. ...
Why the political uncertainty won't shake house price foundations   image
Source : Daily Express [Read Article] Sunday 18th of June 2017 09:46:00 AM
.... Out of 41 cities on its Prime Global Cities Index, only Zurich, Moscow and Istanbul fared worse. Last week, estate agents Your Move reported that the number of sales in Greater London fell 29 per cent in the three months to the end of April, further shredding nerves. ...
Buying my own place was an impossible dream – here’s how it came true image
.... To cut a long story short, after many bids – going well over the asking price – I bagged it … well, for a week, until I was gazumped. But when the cash buyers split up two months later, the estate agent gave me first refusal. ...
House sales in Greater London slump by almost a third in a year image
Source : Guardian [Read Article] Monday 12th of June 2017 06:01:18 AM
....The number of homes changing hands in London slumped by almost a third year on year in the spring, as changes to stamp duty rates, high prices and Brexit uncertainty slowed the market. The latest monthly index from estate agents Your Move found that in the three months to the end of April, sales in Greater London were down 29% on the same period in 2016. ...
Britain looks set for a politically hot summer but what is the future for your finances? image
....Weaker sterling could also drive up inflation, by increasing the price of imported goods. The housing market has slowed in recent months and north London estate agent Jeremy Leaf says electoral uncertainty will pile on further pressure. ...
Election 2017: Hung parliament and coalition means more house prices turmoil, warn experts image
....Experts said the hung parliament was the last thing Britain's property market needed. Jeremy Leaf, north London estate agent and a former RICS residential chairman, said: "A hung parliament will result in an extended period of uncertainty with decision-making kicked into the long grass. ...
UK house prices rise for first time in five months image
Source : Guardian [Read Article] Wednesday 7th of June 2017 08:54:02 AM
....UK households put the brakes on plans to move home in May, as uncertainty over the general election put them off making big spending decisions. Buyers and sellers opted to “wait and see” ahead of today’s election according to estate agents surveyed by the Royal Institution of Chartered Surveyors. ...
General Election result is make or break for investors image
Source : Daily Express [Read Article] Wednesday 7th of June 2017 12:01:00 AM
....This means three of the four best market bull runs came under Tory administrations, while the two worst were under Labour’s Harold Wilson and Gordon Brown. Figures from estate agent eMoov. ...
Mortgage loan: Lending to wannabe buyers falls as number of homes for sale dips image
....7 billion. The National Association of Estate Agents (NAEA) recently reported that the number of homes on estate agents' books dwindled to a record low in March, with around 10 house hunters for every available property. ...
Further signs of UK property slowdown in April image
Source : BBC [Read Article] Tuesday 23rd of May 2017 10:32:02 AM
....Some commentators said the figures showed that the market was holding up relatively well. "At first glance, one might think these figures are hugely disappointing, but when you consider what was happening this time last year and what has happened to property transactions in the past few months, they represent steady progress for the housing market," said Jeremy Leaf, a London estate agent. ...
House prices in UK shift to lower gear image
Source : BBC [Read Article] Tuesday 16th of May 2017 10:33:40 AM
....". Sarah Beeny, owner of estate agent Tepilo, said: "Homeowners should not worry about a crash as the chronic shortage of properties available - the main reason sales transactions are down - will ensure prices remain buoyant. ...
Banks 'must show action' in fraud cases image
Source : BBC [Read Article] Monday 15th of May 2017 11:01:27 PM
....Which? wanted banks to refund consumers in cases where victims had accidentally transferred money to a fraudster, similar to the protections provided on credit card transactions. In one example highlighted by Which?, Christopher Mills, from York, was tricked into paying a £10,000 house deposit to a fraudster who posed as his estate agent. ...
Foxtons' tweets win few fans – now the slowdown gives it little to sing about | Simon Goodley image
....Take the official Twitter account of the irksome estate agency Foxtons, for instance, which possesses a mighty 400 followers and drones on about the major housing topics de nos jours, such as: “Do you know what it takes to be a landlord?” (we might venture a guess). By comparison, the @AvoidFoxtons account is proving far more popular, but the estate agent will get a chance to get its official message across this week, when it holds its annual meeting. ...
Can a buyer legally ask to cut agreed offer price? image
Source : Guardian [Read Article] Thursday 11th of May 2017 06:00:41 AM
....A Yes it is legal and quite common when a survey reveals extensive – and expensive – work required on a property. Once a buyer’s offer on a property is accepted by its seller, in estate agent speak, the property becomes “sold subject to contract”, which means that the price can still be negotiated. ...
'Stagnant' buyer demand puts the brakes on UK housing market image
Source : Guardian [Read Article] Wednesday 10th of May 2017 11:01:33 PM
....3% drop in March. Some parts of London appear to have been hit particularly hard, with estate agents and developers resorting to offering free cars and other incentives to try to tempt buyers. ...
Home sales in COLLAPSE: Lenders pull the plug after surveyors downgrade values  image
Source : Daily Express [Read Article] Wednesday 10th of May 2017 01:57:00 PM
....". Values of top-end homes in the capital have seen prices plunge by around six per cent over the past year, according to recent estimates by estate agents. ...
How to get the best return when selling your overseas holiday home image
Source : Daily Express [Read Article] Wednesday 10th of May 2017 12:00:00 AM
....For those simply looking to release equity from their properties and repatriate it back to the UK, the current weakness of sterling is advantageous - you have made a profit on the original value of the property before any increase in its intrinsic value is even factored in. As you can see, this also benefits you if you are looking to sell your property quickly, because even getting the same as you paid for it originally will see you more sterling back than it cost you first time around - although you would have to factor in estate agent's commission and other such fees and taxes related to selling a property. ...
Proptech: the businesses transforming the housing market image
Source : Guardian [Read Article] Monday 8th of May 2017 06:00:55 AM
....The property sector is a multi-billion pound industry that affects all of us at some point in our lives. But, dominated by large, traditional high-street estate agents, it operates in a way that can feel incredibly archaic and confusing for all involved. ...
We're buying as tenants in common – but what if we split up? image
Source : Guardian [Read Article] Thursday 4th of May 2017 06:00:01 AM
.... This kind of deed is also more appropriate for people who are contributing uneven amounts to the mortgage. One way of calculating how much of the sale proceeds (after clearing the mortgage and deducting estate agents’ fees) is to add up the total contributions you have both made to the purchase and improvement of the property. ...
Buy a home, get a car free: offers galore as London estate agents struggle to sell image
. London estate agents have begun to offer free cars worth £18,000, stamp duty subsidies of £150,000, plus free iPads and Sonos sound systems to kickstart sales in the capital’s increasingly moribund property market. ...
How to resolve the FIVE most common property disputes image
Source : Daily Express [Read Article] Wednesday 3rd of May 2017 10:05:00 AM
....If so, present your neighbour with this information before worsening the dispute by attacking the tree, which could trigger a liability claim. I’m downsizing my property, but disagree with the estate agent’s valuation of my existing home. ...
Smaller deposits raise hopes for UK first-time homebuyers image
Source : Guardian [Read Article] Sunday 30th of April 2017 11:01:13 PM
....Research on the amount of time it takes to save for a down payment on a home suggests buyers have been helped by the greater availability of mortgage loans at higher loan-to-value (LTV) ratios. The estate agent Hamptons International said that in the final months of 2016 it would take an average single first-time buyer 11 years and nine months to save a 15% deposit. ...
Our flat was perfect  – until planners let a restaurant open below image
Source : Guardian [Read Article] Saturday 29th of April 2017 06:00:22 AM
.... We put the flat on the market as soon as they had given us their notice. “People are concerned about the restaurant,” said our estate agent after just four viewings in as many months. ...
Weak pound melts the British dream of a place in the sun image
Source : Guardian [Read Article] Friday 28th of April 2017 04:03:49 PM
....A report by Spain’s Association of Land and Commercial Registrars last week revealed British demand for second homes in Spain was down nearly 30% on last year’s pre-referendum levels. In Greece, where property taxes have soared amid the debt-stricken economy and there are lingering fears that the country could yet be ejected from the eurozone, estate agents on some of the more popular Greek islands are reporting an even bigger plunge in the number of Britons looking for homes since the Brexit vote. ...
Yorkshire village sold one year after it went on the market for £20m image
Source : Guardian [Read Article] Wednesday 26th of April 2017 11:35:38 PM
.... Her management of West Heslerton has meant very little has changed among the rented cottages for half a century for the village’s estimated 375 residents. Cundalls, the estate agents who handled the sale, put the current rental and subsidy income at about £388,000 per year. ...
FTSE 100 suffers worst day since Brexit vote after May calls election image
Source : Guardian [Read Article] Tuesday 18th of April 2017 05:11:25 PM
....The property market typically seizes up during a general election campaign, with buyers deferring purchases until a result is clear. But estate agents said the period of uncertainty will be short. ...
Let’s move to Crediton, Devon: ‘Its day will come again’ image
Source : Guardian [Read Article] Friday 14th of April 2017 03:30:00 PM
.... It’s broadly split into the East Town and – you got it – West Town, with creamy terraces, cottages, town houses and snatches of thatch on their two steep hills. It’s all “elevated position” on the estate agents’ particulars here: views are rightly prized. ...

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