Agencies & People
News covering the businesses, activities, people and personalities in estate agency and letting agency and wider residential property industry.
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Banking boost for Belvoir
Belvoir Lettings plc has finalised an acquisition related loan facility from HSBC, which is part of a refinance package with the bank of up to £17m.
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Purplebricks increases UK ad spend by 50% to £21 million as it aims at 10% market share
Extraordinary figures are revealed in latest annual report and account, which also reveal increased profits and turnover here, but continuing losses in Australia and the US.
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Yorkshire lettings agency expands into sales, relaunches and claims national aspirations
A lettings agency in Bradford has opened a new branch in Leeds and says it intends to expand into Manchester, York and soon 'nationalliy'.
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SDL Auctions Bigwood’s auction raises £16.4 million
SDL Auctions Bigwood’s May auction at Aston Villa FC raised over £16.4 million, with strong bidding for residential lots in a very busy auction room.
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Emoov raises £1.15 million in one day from friends, family and former customers
Hybird agency Emoov, fresh from buying Tepilo and Urban, has launched a 30-day crowdfunding campaign that rasied £1.152m in its first day.
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Resi auction market bounces back
David Sandeman reports on recent auction activity and results:
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Purplebricks lands in Canada after buying local counterpart DuProprio for £29.3 million
UK, Australia and US hybrid agency Purplebricks now has a foothold in Canada after buying local counterpart DuProprio.
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7,000 estate agent businesses finding it tough going, says report
A slower and smaller sales pipelineand the looming tenant fees ban are taking their toll on many sales and letting agents, a leading accountancy firm says.
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FIRST PIC: US hybrid estate agent opens another office in UK
A hybrid estate agent from the US called Keller Williams has opened a fourth branch in the UK, pushing its 'staff' count to nearly 100.
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Irish estate agent to market properties only after sale contract prepared
Am Irish estate agent has said vendors must prepare a contract of sale for their property and iron out any conveyancing problems before marketing begins.
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