knight frank
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Movers & Shakers
Knight Frank expands Global Prime team
Knight Frank has strengthened its private client offering with the expansion of its Global Prime team.
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Latest property news
Knight Frank expands London network
Knight Frank has opened a new sales and lettings office in the Royal Arsenal Riverside development in Woolwich, where Knight Frank is an instructed agent with the developer, Berkeley Homes.
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Latest property news
Should Michael Gove’s tough love for the countryside worry rural agents?
DEFRA minister Michael Gove's interview with the Knight Frank blog warns of more change for rural agents after Brexit.
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Latest property news
D-DAY for OTM? Portal to reveal first audited results since flotation – on Thursday
OTM has announced that it's first year's audited accounts are to be released on Thursday, the first since it floated on AIM last year.
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Latest property news
Jon Notley’s Zero Deposit launches with backing from four key agents
Tenant deposits alternative Zero Deposit has launched, several months after it was originally expected kick-off, as deals with several key agents were negotiated. Co-founded by Jon Notley, the former commercial director at ZPG, Zero Deposit now says it has the financial and distribution backing of Connells, LSL, Knight Frank and the Acorn Group. “The robust nature of its offering is why we have given it our backing,” says Tim Hyatt, Head of Lettings at Knight Frank (pictured, left). “Given the constant raft of legislative changes taking place in the lettings industry on an almost monthly basis, it is great to see such a positive, well-executed initiative coming to the market.” Zero Deposit also has deals set up with the insurance company providing cover for its product, Munich RE as well as ZPG and TDS, which is providing its dispute resolution. 1,000 branches The agent deals are arguably the most crucial, giving Zero Deposit access to tenants renting properties through some 1,000 branches across the UK. This morning’s launch is restricted to the four named agents backing the venture and who will now be rolling out the Zero Deposit product, although Jon Notley says after a few weeks his company will…
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Latest property news
OnTheMarket shares begin trading at £1.63p, plummets to £1.48p
Shares in OnTheMarket began trading on London’s AIM stock market today kicking off at £1.63p, valuing the company at £100 million, and quickly rising by 2p to £1.65 before dropping to £1.48p by end of trading on Friday. The OnThemarket shares issue, which it says has raised £30m out of a hoped-for £50m to finance its battle for market share with Rightmove and ZPG, is the conclusion of a long and tortuous road for CEO Ian Springett’s ambitious portal project. It launched in January 2015 two years after founding members Knight Frank, Savills, Strutt & Parker and Chestertons first convened to form parent company Agents’ Mutual Ltd. OnTheMarket.com positioned itself as a mutual organisation of agent members, but introduced a controversial ‘one other portal’ rules that made agents choose between either Rightmove or Zoopla as their ‘other portal’. Last year agent Gascoigne Halman took OnTheMarket to court, claiming the ‘one other portal’ rule was anti-competitive, but lost the case. This cleared the way for OnTheMarket to demutualise, which took place following a vote of its 2,700 agent members late last year. Former members of the mutual organisation were allocated share options based on their size of listing and length of…
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Features
House price indices: why we’re Living on ‘Hope Terrace’
Designs on Property tracks and summarises the monthly property indices. Kate Faulkner says, “Lower rates of growth appear to be here to stay, but I don’t think the public or investors appreciate this major shift in property price growth fortunes; we need to be prepared for what happens when they do.”
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Latest property news
Knight Frank partners with Housing Hand
Knight Frank, Northwood and Liv Group have joined them to offer the Housing Hand guarantor service to tenants, through their branches and websites.
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Latest property news
Interview: the Knight Frank executive who went ‘proptech’
A proptech start-up called OneDome that offers agents the tools to book viewings online has won over £3 million in funding from several backers including Sir Nigel Knowles, the founder of legal firm DLA Piper. The company has also persuaded one of Knight Frank’s senior people to jump ship. Rachel Dipper, who until June was Head of Residential Marketing at Knight Frank, is now heading up OneDome’s promotional effort as Vice President of Marketing and Partnerships. The company also has a former Skype employee leading its technology build and one of its co-founders is former JP Morgan executive, Babek Ismayil (both pictured front row, above). “We offer agents the ability to take on the online disrupters and offer online bookings, without having to partner with another brand,” says Rachel (pictured, left). The company, which has been going about a year and has 12 staff in London and a further 40 in Ukraine, has signed up Essex agent Yaxley Homes to its service and says it has a further 15 agents getting ready to join as well. OneDome offers a platform that enables agents to drive sales and vendor enquiries to their own website, earn referral fees for conveyancing and mortgage enquiries,…
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