Business
Guidance issued for agents on dual fees as disputes soar
'Disputes over dual fees have become an increasing cause for concern', says The Property Ombudsman, and the problem is 'reflecting poorly on the industry as a whole'
Tech start-up promises to streamline development appraisals
Appraised has secured £500,000 investment from industry heavyweights.
‘There is still a long way to go’ to close the property sector’s gender pay gap
The UK real estate industry's gender pay gap has narrowed in the last year, but 'disappointing' and 'worrying' figures from the latest salary survey by the RICS and Macdonald & Co reveal that men in property…
Deadline looms for client money protection regs
Reminder: Letting agents have until 1st April to sign up to a government-approved CMP scheme - or face fines of up to £30,000.
Top Swiss private bank turns to direct real estate investments
Pictet Group has launched a new fund to invest in property assets - including residential - across Europe; Starwood's Zsolt Kohalmi has been recruited to run the show.
Winkworth has seen a 517% increase in female franchisee applicants since 2014
With 79% of the estate agency network still owned by men, Winkworth is championing some of its female franchisees for International Women's Day.
Countrywide reports widening losses but ‘remains confident’ on delivering turnaround
UK's biggest estate agency group blames Brexit uncertainty for continued market weakness, but says turnaround strategy is getting things back on track
Boutique Chelsea agency branches out with new Kensington base
Family-run firm Russell Simpson hones in on the markets of Kensington, Notting Hill, Bayswater & Holland Park with second Royal Borough location
Savills shrinks its gender pay gap – but ‘there is still work to do’
Property firm reports that its male employees were paid an average of 39% more per hour than female employees in 2018. That's a slight improvement on 2017's 45% gender pay gap.
LSL’s estate agency profits dive by 24% despite rising revenue
Property Plc writes down the value of its investment in hybrid estate agency Yopa by 60%.
Westcombe secures £16.7m for West London resi projects
Family-run developer will use capital from OakNorth Bank to fund two resi schemes, in Isleworth and Northwood.