Estate agent insolvencies jump by a third
Falling transaction volumes drive a sharp rise in estate agency businesses going bust.
‘The rise of the self-employed agent is seeing inroads into the market share of all estate agents’ – TwentyCi
Self-employed property brokers were behind only 1.6% of new sales instructions in Q2, but analysts expect their market share to grow.
By PrimeResi
UK real estate AI start-up raises $7mn for international expansion
Fifth Dimension AI was set up last year by former Hamptons research chief Johnny Morris & linguistics and tech maven Dr Kate Jarvis.
By PrimeResi
London letting agent shines a light on the ‘uphill struggle’ against rental fraud
'Whilst digital and AI technology has evolved rapidly, rogue tenants have also evolved with it, becoming increasingly more inventive in how they trick the system,' warns Benham and Reeves.
By PrimeResi
Most read
Luxury agency reveals £800mn sales surge as ambitious expansion pays off
Expanding firm claims No.1 market share in the £10mn-plus and £20mn-plus property segments following bumper H1.
Caudwell angles for record-breaking sales at landmark 1 Mayfair scheme
Billionaire property developer to set new ultra-prime benchmarks with residences that target ‘the world’s most prestigious people…who have good moral values’.
Green light for resi transformation of prominent Westminster office block
Four-storey neo-classical building in Pimlico was formerly home to a Government spy agency.
By PrimeResi
‘It is often in more turbulent times that we have been able to generate growth’: Super-prime pioneer Andrew Dunn of Finchatton on building for the long term
'We have 18 live developments on the go, with an anticipated GDV of more than £300mn and, frankly, I felt just as excited to get to work this morning as I did 23 years ago'
REDD recruits new development director
Real estate firm is embarking on several newly-acquired luxury projects in PCL.
£10mn Mayfair lateral snapped up amid ‘flurry’ of post-election sales
Overseas buyer picks up rare two-bed overlooking Grosvenor Square, as neighbouring top-end schemes renew global interest in historic destination.
Administrators confirm collapsed London estate agency staff payouts
Douglas & Gordon Ltd appointed administrators in 2023, following an acquisition, division & disposal by Foxtons.
By PrimeResi
‘One of the world’s healthiest homes’: North London mansion lists at £15.75mn following wellness-focused refurb
'Recovery sanctuary' in Hampstead has been reworked in line with the principles of Building Biology - and comes complete with hyperbaric oxygen chamber.
Caudwell angles for record-breaking sales at landmark 1 Mayfair scheme
Billionaire property developer to set new ultra-prime benchmarks with residences that target ‘the world’s most prestigious people…who have good moral values’.
Super-sized mews house in Belgravia lists at £16mn
'Exceptional' residence just off Eaton Square was completely rebuilt around ten years ago.
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Estate agent insolvencies jump by a third
Falling transaction volumes drive a sharp rise in estate agency businesses going bust.
By PrimeResi