Complaints about estate agents have risen by 16%
Increases in complaints and fines are down to more awareness rather than falling standards, says The Property Ombudsman, as the organisation warns that its fees may have to rise to keep pace with all the extra work
Estate agents’ average commission fee rises to 1.5%
Agents in Kensington & Chelsea tend to charge a higher percentage than anywhere else in the country (2.32%) and earn the highest commission amount per sale (£32,430).
By PrimeResi
Propertymark publishes Coronavirus guidance for estate agents
The NAEA and ARLA have issued a 27-point checklist to help sales and letting agents limit the transmission of the Covid-19 virus while continuing to run a business.
By PrimeResi
Estate agents’ business confidence slips; one in five firms sees trouble ahead
Outlook for the economy now the top concern for agents, says Zoopla, replacing a lack of stock for sale
By PrimeResi
Companies in this article
The Property OmbudsmanMost read
In Pictures: £24.75mn show apartment unveiled at luxury Mayfair scheme, 60 Curzon
A flurry of sales have been finalised at the Art Deco-influenced project in recent months.
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.
Buying agency flags ‘window of opportunity’ for house-hunters
It's shaping up to be a busy winter season for the property market, suggests Recoco.
By PrimeResi
Ending non-dom tax breaks has cost £140mn in ‘lost’ Stamp Duty revenue, claims agency
Knight Frank believes speculation over tax changes caused a 'shortfall' of 142 high-value property sales since March, resulting in a 'theoretical loss' in revenue for HMRC.
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.
Rightmove predicts 4% growth for asking prices in 2025
Bullish forecast comes despite a 'larger-than-normal seasonal slowdown in pricing as we head towards Christmas'.
By PrimeResi
Prime London sales market ‘bursts into life’ with best October since 2013
LonRes reports 'substantial turnaround' as transactions jump 55% year-on-year, while a significant rise in under offer numbers bodes well for Q4.
Wall Street Journal: The Secret to Selling a $100 Million Mansion
Four of America's top luxury property brokers share insights & anecdotes about their ultra-prime deal-making.
By PrimeResi
Monday Market Review: Key figures & findings from the last seven days
Your essential five-minute briefing on the latest movements and commentary, featuring data and analysis from Hamptons, RICS, Rightmove, LonRes, Knight Frank, Garrington, Acadata & more...
Johns&Co brings in new CFO from Chestertons
The specialist estate agency is rolling out some 'ambitious' growth plans.
LATEST ARTICLES
‘Game-changing’ new index promises transparency & clarity for luxury property projects
RedBook debuts 'industry-first' benchmarking tool for clients & advisors; reveals key insights into the design & construction sectors' 'world of smoke and mirrors'.
Eight Charts: Benchmarking luxury construction costs & practices
New report lifts the lid on the inner workings of the UK's high-end design & construction sectors.
Big-ticket townhouse sale completes in Marylebone
Buyer exchanged on 'incredible' mixed-use proposition, listed at £22.5mn, just before the Budget.
Global luxury resi & hospitality design firm opens London office
OBMI sees 'immense opportunity' in the UK & Europe.
UK rents set to climb another 18% over the next five years – Savills
But London's rental market has hit an 'affordability ceiling', so is on track for lower growth than other parts of the country.
By PrimeResi