Glentree
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Latest property news
COMMENT: Why did the Bank of England hike the Base Rate so aggressively?
Leading estate agent cases a critical eye over yesterday's decision to raise the base rate by half-a-percent to 5%.
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Latest property news
Clever Trevor? Britain’s most outspoken estate agent returns to his typewriter
He's back! Glentree founder Trevor Abrahmson casts an acerbic eye over the current housing market and reveals he's handling a sale worth £400m.
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Latest property news
Estate agents angrily reject Chancellor’s mansion tax proposals
Over the past few days The Negotiator has been overwhelmed by agents telling us about Sajid Javid's mansion tax proposals. Here are some of their missives.
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Latest property news
Purplebricks farms out its customer service to Alexa
From today onward its vendors will be able to bypass any human contact and manage their home's sale via Amazon's digital voice assistant.
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Latest property news
Buy to Let… just got bigger
Coventry Building Society has increased its maximum buy-to-let borrowing limit to £750,000, meaning it now offer mortgages on properties worth up to £1.5m.
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Latest property news
Mega mansion ban will just push demand elsewhere, claims leading estate agency
The City of Westminster’s recently-announced ban on super-size mansions and apartment knock-throughs will force buyers to look elsewhere in prime London to build ‘mega-homes’, it has been claimed. The comments come from leading prime estate agency Sotheby’s International following last week’s announcement by the London borough that homes over 150 square metres would no longer be given planning permission. “Russian and Middle Eastern buyers favour these super-size homes more than any other clients and whilst we expect them to continue to purchase in this part of London due to the postcode premium it offers, we may very well find these buyers also looking to new London boroughs where they can still create their dream home,” claims Will Tremlett, Sales Associate at Sotheby’s International (left). Westminster says it has set the new limits on property sizes because mega-homes “under-optimise development of Westminster’s scarce land resource”, it says. “It will still enable generously-sized homes to be developed to meet [demand] from the prime market, but balances that against the other more strategic housing need of the city.” Council madness Sotheby’s is not the only agent to point out the contradictions in Westminster’s new housing policy. Trevor Abrahamsohn, MD of Glentree, says the…
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Latest property news
Is divorce good for the property industry?
Agent Trevor Abrahamsohn of Glentree International muses on the pros and cons of divorce for the property industry.
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