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Archive for November, 2015

OTM, on the market, debate continues

With the continuing opposition between Zoopla and OnTheMarket, Jefferies analyst Anthony Codling has told investors that the recent debate in the industry press has switched from portals criticising each other to some agents criticising OnTheMarket Jefferies has written to investors…

Countrywides new research

In a recent survey shown in the Financial Times, Countrywide’s new research proposes the growth of the private rental sector and the higher number of mortgages means far less sales involve chains. Countrywide say that while one in 10 transactions…

Agents have conflicting ads

Argyle Estate Agents in Cleethorpe have complained to the ASA about a leaflet depicting ads for the same property from their rivals, Lovelle Bacons. The ad by Argyle Estate Agents was posted stating “On the market and not sold” whilst…

Knight Frank slash their prediction

Knight Frank agency has slashed its forecast for next year’s price increase from 4.5% to just 2.0% for the prime central London area. Global head of research at the agency Liam Bailey says “The prime London property market has faced…

Michelle Thomson allegations

We are still waiting to hear when a police investigation will report on alleged irregularities apparently involving the buy to let portfolio of MP Michelle Thomson. The investigation highlights property transactions in 2010 and 2011. The Scotsman newspaper have said…

LSL say strongest September since 2007

According to LSL Property Services, last month was the strongest September since 2007 for home sales, with a distinctive divide between the north and south transactions. A shortage of stock on the market in the south is slowing activity but…