Latest property news
Daily property news in the UK residential sector focused on estate and letting agency, property auctions and property managers.
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LSL sells ZPG shares for £32.9 million to prop up its 2016 results
The UK’s second largest corporate LSL Property Services sold all its ZPG shares last year for £32.9 million to “protect…
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Heaton & Partners merges with Merlin Dormer
Heaton & Partners, a London and country property search agency, established four years ago, has announced its merger with prime…
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Rentr explains how its business works after industry “confusion”
App-based property management solution Rentr has issued a clarification about how it’s business works after “confusion” within the industry that it…
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Agent fined the most in Burnham-on-Sea fee fixing scandal speaks out
One of the four agents which last week agreed to pay fines totalling £370,000 following a Competition and Markets Authority…
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UK’s ‘largest letting agent by listings’ OpenRent raises £4.4m from VC firm
OpenRent, the online-only company that claims to be the largest letting agent in the UK, has secured £4.4 million in funding…
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Hybrid agent ‘concept’ for build-to-rent sector is launched
More proof that the build-to-rent sector is establishing a significant foothold in the UK property market has come today with…
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Four Somerset agents admit sales fee cartel and are fined £370,000
Four Somerset estate agents have admitted being involved in a price-fixing sales fee cartel in and around the seaside resort of…
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OnTheMarket.com is losing traffic and branches, claims online agent
Emoov and its founder Russell Quirk have launched an extraordinary broadside against OnTheMarket.com during which Quirk suggests it is showing “signs…
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Forget Phil and Kirstie, property portal says IT is the way to get your properties on TV
If you’ve ever considered advertising your properties on TV but baulked at the huge cost then a recently-launched property portal…
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CIELA kicks off with an assault on Purplebricks
Embryonic industry organisation The Charter for Independent Estate and Letting Agents (CIELA) has asked the hybrid agency Purplebricks to withdraw…
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