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Loophole means buyer avoids £1m in Stamp Duty

Wednesday 23 September 2015  / Ruth Montia

The high-end north London estate agent Aston Chase, is promoting a 4,600 sq ft, five bedroom, grade II listed home in Regent's Park at £8.95m.This property is owned by an offshore company so, legally the company is for sale not the property. This...

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Agent demands revisions should be made to Money Laundering requirements

Tuesday 22 September 2015  / Ruth Montia

Sanfords estate agency is demanding that the NAEA and HMRC take action to revise requirements for sub- agent due diligence. The outcome of two investigations into allegations surrounding London property money-laundering is still awaited. After the Channel...

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Restructure at Countrywide Estate Agency

Friday 11 September 2015  / Ruth Montia

Britain’s largest estate and letting agency group, Countrywide is openly having restructure issues with a number of managers allegedly being given notices and possible redundancies.Estate Agent Today have claimed to receive Tweets and emails from...

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High street agent warns fellow agents not to set a fixed fee

Thursday 10 September 2015  / Ruth Montia

A High Street estate agent has cautioned others within the industry against being tempted to go down the route of charging vendors a fixed fee.The Director of SaleBoards Estate Agents in Exeter, has cautioned other agents not to be tempted charging...

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Warning for agents to be careful of changes made by lenders

Wednesday 09 September 2015  / Ruth Montia

The residential director for West Essex and East Hertfordshire based agent Mullucks Wells highlights “a relatively dramatic change” by some mortgage lenders.William Wells of Mullucks Wells says it applies to non-standard properties and especially...

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New online agent claiming to save vendors thousands

 / Ruth Montia

Just599 is a new online estate agent that has launched charging a flat fee of £599 “to get your house up on those big property portals” such as Zoopla, Rightmove  and PrimeLocation. They claim to save vendors thousands of pounds by “getting rid...