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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Agent agrees to withdraw ‘knocking copy’ ad after ASA investigation
An agent in Andover, Hampshire has been investigated by the advertising watchdog the ASA for making competitor comparisons within a…
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Foxtons’ results: Profits drop by 54% in 2016
Foxtons’ results for 2016 reveal a tough year for the company with revenue, profits, margin and earning per share all…
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80% of smaller builders have disappeared since 1998, research shows.
The number of estate agents doing business in the UK has had its ups and downs over the years, but…
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Belvoir continues selling its HQ-owned branches to franchisees
Franchise agency network Belvoir has sold the latest of its HQ-owned offices following the announcement last year that it would try…
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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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