Property Industry Insight

Breaking news throughout the property sector.

LATEST PROPERTY INDUSTRY INSIGHT

Online agents only work because they are parasites on Rightmove, says Martin & Co boss

Thursday, December 3, 2015

Chancellor George Osborne’s announcement that there will be a 3% Stamp Duty Land Tax surcharge has wiped £6m off the share price of Martin & Co in the...

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Purplebricks set to launch on stock market at £240m

Thursday, December 3, 2015

This morning it was confirmed that Purplebricks is to launch on the AIM stock market. It will have an expected capitalisation of £240.3m, with £58.1m ...

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Zoopla brushes off OnTheMarket challenge in ‘transformational year’

Wednesday, December 2, 2015

Zoopla this morning announced a ‘transformational’ year with record revenue and profits. The company also said that it had showed “continuous agency g...

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Shellshock reaction as estate agents take in Osborne’s move on industry

Wednesday, December 2, 2015

The announcement by George Osborne that online-only estate agents are to be encouraged, possibly at the expense of the high street model, appears to h...

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OnTheMarket boss insists recruitment campaign is working

Tuesday, December 1, 2015

OnTheMarket boss Ian Springett has reiterated his confidence in the portal and its current recruitment campaign. He said the latest Letter of Intent p...

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Government says it wants to encourage online-only estate agents

Tuesday, December 1, 2015

In a move that will come as a major surprise to many in the industry, the Government has officially said it wants to encourage online-only estate agen...

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City analyst upgrades Zoopla amid doubts over OnTheMarket recruitment

Monday, November 30, 2015

A City analyst who has until now been very positive about OnTheMarket’s prospects appears to have undergone a change of sentiment. William Packer insi...

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easyProperty on verge of raising a further £5m from backers

Monday, November 30, 2015

Online agent easyProperty is seeking a further £5m from investors. According to Sky News, easyProperty’s fundraising discussions are “at an advanced s...

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London agent warns: We could be on verge of another property market crash

Wednesday, November 25, 2015

An agent has warned that the London market could be on the verge of collapse, with the rest of the UK set to follow. Robert Nichols, managing director...

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High street estate agents accused of losing interest in property after two weeks

Wednesday, November 25, 2015

An online agent has accused high street firms of losing interest in a property if does not receive offers within two weeks. The claim is certain to be...

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