Can estate agencies survive the unfurloughing of wage bills?
The Government's furlough scheme is supporting the property industry to the tune of over £120 million a month, says Rayner Personnel. Estate agencies could face "a big problem" as the scheme unfurls in the coming months...
The big problem facing London’s top estate agencies
After twenty years with some of the biggest firms in the PCL market, this senior agency insider - who has asked to remain anonymous - is sensing a 'huge change' in the air, with potentially serious consequences…
By PrimeResi
Agency boss calls for furlough pay scheme extension, or ‘tough decisions’ will be made at the end of May
Many estate agents are "at risk of losing their livelihoods if the government does not extend the job retention scheme past the end of May", warns Jon Cooke of epropservices.
By PrimeResi
Mandatory estate agent qualifications are on the way
Lord Best's Regulation of Property Agents working party will present its recommendations - including new mandatory qualifications for all consumer-facing estate agents - to the Government next week
By PrimeResi
Most read
‘Now is the time to double down on prime UK real estate,’ says investment firm
Family office-owned Mera Investment Management spies opportunities from non-dom exit; plans to splash £150mn of private capital on prime property in the next 18 months.
By PrimeResi
Notting Hill mansion vendor faces lawsuit over alleged moth ‘infestation’
Unusual case involving £32.5mn super-home centres on pre-sale enquiries & the legal definition of 'vermin'.
Record-breaking ultra-luxe scheme in Chelsea nears sell-out
Latest big-ticket sale at Orion's The Glebe leaves just one apartment remaining.
‘Iconic’ new-builds draw big-ticket buyers to Marylebone
Agency reports 'record' high-end deal run in West End hotspot.
Boutique London property agency launches country house division
Harwood Advisory's new offering will focus solely on country acquisitions & specialise in the South West market.
Ranked: The most popular London neighbourhoods for US househunters
Chelsea & Notting Hill are the top choices for those searching from the States, new data reveals.
Veteran agent joins Douglas & Gordon as a self-employed broker
Daren Haysom was formerly an Area Director with Foxtons.
By PrimeResi
In Pictures: Paolo Moschino-designed mansion in St John’s Wood seeks £40k per week
Palatial 10,700 sq ft residence has been kitted out with an array of 'indulgent' amenities, including an Annabel's-esque private club room.
House prices set to rise 3% in 2025 ‘as a new cycle begins’ – Hamptons
'The mood of the housing market has shifted from trepidation to cautious optimism,' says national estate agency - but Hamptons' longer-term outlook is less bullish than other property market forecasts
By PrimeResi
Rare West End development opp sold at auction
Freehold building in Fitzrovia came with planning for an eleven-storey replacement housing four new duplex apartments.
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