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Buyer representation, ‘the next chapter in British estate agency’, allows agents to potentially ‘double’ their earnings

Richard Rawlings eXp UK has launched a new buyer representation programme, driven by estate agency trainer Richard Rawlings, which is an initiative designed to allow its member agents the opportunity to boost their earnings. Buyer representation is a common practice…

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Nationwide joins campaign to transform homebuying process

Nationwide has joined the Open Property Data Association (OPDA) to support its efforts to speed up the homebuying process by sharing digital property information across the housing market. The move is designed to help digitise the homebuying process. Currently less…

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New agency launches aiming to undercut rivals with low fee

Roger Southam Former Chainbow owner Roger Southam is returning to the residential letting market with new company called Cohab. Southam who sold residential property management company Chainbow to Savills in 2016 has teamed up with Canadian tech-entrepreneur Saveli Kotz, as…

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Investors shun buy-to-let as purchases fall to all-time low

Buy-to-let is no longer the investment of choice for many investors, new figures suggest. Landlords purchased one in ten (10%) homes sold across Great Britain during the first half of this year. This is the lowest share since our records…

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Property118 tax avoidance scheme subject to HMRC stop notice

“For those following the saga of landlord tax avoidance firm Property118, HMRC has now issued a “stop notice”, which makes it a criminal offence for Property118 to continue to promote their tax avoidance scheme.” The founder of Tax Policy Associates…

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Estate agents resolve dispute with major property portal over fees

A boycott of advertising website PropertyPal.com by estate agents over increases in its fees has been concluded after the dispute with the property portal was settled. A prominent group of estate agents collectively made the decision to stop posting listings…

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Investment into UK PBSA hits £2.45bn in H1 2024

Investment in UK purpose-built student accommodation (PBSA) reached £2.45bn in the first half of 2024, significantly higher than the £1.1bn invested in H1 2023, Knight Frank’s latest UK Student Housing Market Update reveals. More than £1.7bn was invested in the…

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Agents urged to lobby MPs to influence new Renters’ Rights Bill

Agents are being encouraged to engage with MPs to influence the new Renters’ Rights Bill for the benefit of the private rented sector. Plans for Labour’s new Renters’ Rights Bill were outlined in the King’s Speech and, while they were…

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Nine in 10 estate agents view online reviews as crucial to business performance and reputation

Some 92% of estate agents believe online reviews have a significant impact on their business performance and reputation, according to a new survey. A report by Kerfuffle looks at reviews and reputation management highlighting the results of its latest survey…

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Announcement from Lloyds ‘could initiate the change in momentum the sector has been longing for’

Lloyds Banking Group has revealed its plans this week to convert disused office sites into social housing, following government’s announcement last week that it will deliver new mandatory housebuilding targets. The bank will launch its new social housing programme in…