Estate Agency News

100-office network notes a ‘significant recovery in sales interest’ as Chancellor’s stamp duty holiday ‘turbo-charges’ the market

Hybrid agency says it is ‘emerging through the Covid-19 pandemic in a very strong position’, with a healthy cash balance of £66m and a focus ‘fully on the UK’

F&C Leamington Spa boss Jonathan Handford is now a Director of Fine & Country UK.

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).

The upper-end estate agency brand has added outposts in locations including Belgravia,  Islington,  St Johns Wood and Holland Park.

There's been a "steady improvement in activity across the business" since branches re-opened on 1st June, says London estate agency Foxtons.

Tough decisions are being made to futureproof the business, says chairman Alistair Elliott

Sky News has reported that Countrywide Plc is searching for a new Chief Executive to replace Paul Creffield, and that Chairman Peter Long will also "step back" at some point.

There's "a growth industry of ‘enablers’ including lawyers, accountants, and estate agents who are – wittingly or unwittingly – de facto agents of the Russian state", according to the Intelligence…

“The new code of practice will look to set standards at a higher level than currently legally set," says steering committee leader Baroness Hayter.

Agents now have to obtain consent from the council before displaying boards in Camden's Conservation Areas or in any of the borough's town centres.

Only about half of high street business have re-opened since the Coronavirus lockdown, says The Local Data Company, but 88% of estate agency branches had opened their doors by the start of July.