Your Move

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    Latest property news

    LSL signs up with ZPG for another five years

    The UK’s third largest estate agency group LSL has signed up its 500-branch network to a further five years with ZPG. LSL’s brands which include Your Move, Reeds Rains and Marsh & Parsons (pictured, right), will now continue to advertise their properties on Zoopla and PrimeLocation. LSL is the last of the large corporates to sign up to another multi-year agreement with ZPG following a similar deal with Countrywide at the end of September and Connells last month. The new commitment to ZPG by the three companies is not a surprise; seven years ago all three simultaneously signed with ZPG and all their then CEOs – Grenville Turner (Countrywide), Simon Embley (LSL) and David Livesey (Connells) were each appointed Non-Executive Directors of Zoopla, before it became ZPG. At the time CEO Alex Chesterman described the deal as a ‘long-term strategic partnership’ and the recent re-signings are a continuation of this. Sold shares All three companies were also investors in Zoopla, although last year all three sold either all or a sizeable chunk of their shares in ZPG. “We are happy to have agreed a long-term extension of our existing relationship with ZPG,” said Ian Crabb, the current Group CEO of…

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    Latest property news

    Property sales market shines north of the border as London struggles

    Do you run or work for an agency in the North? Then you may be heartened by the latest property sales figures from Your Move and Reeds Rains. They show that, while London and the South East are facing an alarming and continuing slump in sales, the north is proving much more resilient. The number of transactions in the North increased by 10% over the past three months (February to April) and increased by 6% in the North West, 7% in Yorkshire and Humberside, 6% in the West Midlands and 13% in Wales. In contrast, the two companies say, transactions in London have plummeted by 19% over the past three months in Greater London, and 7% in the South East. West Midlands property sales The figures also underpin what developers have known for some time – that Birmingham and the West Midlands are the property hotspots of the UK at the moment. Not only are transaction increasing, but house prices in the region are up 5.1% so far this year, while neighbour Shropshire has seen prices increase by 7.1% over the same period. “The market remains resilient and there’s encouraging activity in the North, but we need to urgently address…

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