sarah beeny
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Agencies & People
Sarah Beeny’s TV series about buying at auction hits screens tonight
The first episode of the new Channel 4 series called I Bought it at Auction with Sarah Beeny airs this evening at 8pm.
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Latest property news
£19m! Cost of eMoov’s failure for former newspaper tycoon’s empire
Latest results for 2018 revealed by Northern & Shell reveal shocking losses from its investments in the hybrid agency.
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Latest property news
Fancy that! Sarah Beeny now urging home owners to stay put
New TV show starting this week hosted by the former Tepilo spokesperson will help families plan their home space better.
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Latest property news
DEAL IS ON: Online lettings firm Urban and Tepilo bought by Emoov
After nearly a month of negotiations the acquisition of Tepilo and Urban by Emoov is to go ahead, creating a sizeable No.2 in the online property market.
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Agencies & People
eMoov and Tepilo in talks to merge and take on Purplebricks
Online agents eMoov and Tepilo and in advanced negotiations to merge and take on Purplebricks including a future AIM listing.
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Latest property news
Stamp Duty cut: first-time buyers rejoice, but experts warn of price rises
If Chancellor Philip Hammond thought his Stamp Duty cut for first time buyers announced during yesterday’s Budget would get a unanimous thumbs up, then things definitely aren’t going to plan. Firstly Robert Cote, Chairman of the Office for Budget responsibility, revealed that his organisation thought the tax cut would push up prices by 0.3% and that “the main financial gainers will actually be people who already own properties, rather than first time buyers themselves”. Treasury Chief Secretary has subsequently dismissed the OBR’s prediction and just a “minor increase”. But Mark Hayward, Chief Executive of the National Association of Estate Agents (NAEA) (pictured, left) also sounded a note of caution saying that although overall it was a positive move, it would increase house prices by pushing up demand for first time buyer properties. “We have seen this in areas where Help to Buy is offered, as it attracts a great deal of interest from first time buyers,” he said. Sarah Beeny, TV presenter and founder of online agent Tepilo (pictured, right), also weighed in, saying she thought the measures would not make a huge difference to the market. “Cutting stamp duty for first time buyers is unlikely to do much –…
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Latest property news
Gazumping is back as market grows more competitive, says Sarah Beeny
The lack of stock within the market is leading to an outbreak of bidding wars among buyer for the properties that do come on the market, research has revealed, and that gazumping is on the rise. Online agent Tepilo surveyed 2,000 home buyers and discovered that 23% had been involved in bidding wars, and that 19% had paid over the asking price to secure their preferred home. The-dog-eat dog nature of the market is also evident in the research – which reveals that 86% of those surveyed believe the housing market is competitive and that 16% had been gazumped and 14% lost out to a rival during a bidding war. Buying costs And perhaps predictably given the research is from Tepilo, the results show that 26% of respondents thought the significant costs of buying and selling a home were also “factors that make it competitive”. “This survey reveals the competitive nature of the UK housing market and how it’s affecting buyers, and things will only get more competitive in the more popular places to live until the Government really focuses on this as a priority,” says Tepilo founder and TV presenter Sarah Beeny (pictured). “The lack of new affordable houses…
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