Estate Agency News
JLL sets up dedicated Mayfair & Marylebone lettings team
George Vernon has joined JLL to help establish a dedicated Mayfair and Marylebone lettings team
Countrywide share trading frozen as price sinks to a new low
The London Stock Exchange put a pause on the trading of Countrywide Plc shares yesterday, invoking a "Price Monitoring Extension" twice as the price hit a new low
Grantley snaps up Home Counties property management firm
Surrey-based estate agency Grantley Group has acquired Property Services Haslemere
Weekday evenings are the best time for generating leads from property portals
Sales listings on Zoopla generate most leads at 9pm on a Wednesday; the sweet spot for rental listings is 8pm on Monday
Trading Standards launches new body to police estate & letting agents
The new National Trading Standards Estate & Letting Agency Team will act as the lead enforcement authority for the purposes of the Estate Agents Act 1979 and the Tenant Fees Act 2019
Opinions sought on new money-laundering rules for high-end letting agents
The EU's Fifth Money Laundering Directive is slated to come into play in January, requiring UK letting agents dealing in rents above €10k per month to carry out AML checks on their clients.
£1m+ deals rocket despite a ‘lacklustre’ wider market
Twenty Ci reports a 66% year-on-year jump in £5m+ property transactions, while the overall number of new instructions has dwindled and property prices have fallen in most regions
The Rise & Fall of Online Agents: Why the property industry ‘must not get swept away in hyperbole’
The emergence of online-only estate agents prompted 'the kind of hyperbole not seen since the first dot com bubble', says Patrick Alvarado of Nicolas van Patrick.
Hersham’s Beauchamp Estates recruits Gee as Managing Director
Super-prime estate agency Beauchamp Estates has appointed Glentree alumnus Jeremy Gee as Managing Director to lead the London business and helm international expansion plans
Savills launches its first Scottish city lettings department
Charles McCosh has been recruited to run the Edinburgh lettings team
Indie estate agents group recruits first member; signs first official supplier
The Federation of Independent Agents is due to launch on 25th April
Hidden charges & unexplained terms: Review flags property solicitors’ shortcomings
Over a third of conveyancers are not being up-front about fees and costs, according to a new report, while many are failing to explain key leasehold matters.