Search starts for NAEA boss | Agents’ shock as newspaper launches private property portal | Asking prices edge up

Changes to the management structure at NFoPP were announced this morning. No new chief executive of NFoPP will be appointed, while three new managing director roles are being created in a move which underlines that the umbrella body will now take a back seat and take on a purely operational role…

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Agents’ shock as newspaper launches private property portal
Monday 18 June 2012

Zoopla has signed a deal with a major newspaper group, seemingly unaware of the group’s plans to simultaneously launch a property portal aimed at private landlords and which deliberately cuts out agents…

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Asking prices edge up to yet another record high
Monday 18 June 2012

Asking prices for property have edged up yet again, to set a third consecutive record, Rightmove reported this morning. The average asking price of a property new to the market now stands at £246,235, up 1% from May’s £243,759…

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BoE’s £80bn plan given cautious welcome by housing market
Monday 18 June 2012

Countrywide, the UK’s largest chain of estate agents and mortgage brokers, has repeated its call for compulsory lending targets. Financial services director Nigel Stockton was speaking after the Bank of England’s decision to pump £80bn into banks on the condition that they passed the money on in the form of affordable mortgages and business loans…

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Network Auctions gathers in lots of interest
Monday 18 June 2012

Network Auctions will be holding its next auction at its national auction room at Glaziers Hall overlooking the River Thames in London on July 4 at 1pm…

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Facebook’s Property Place wins financial backing for expansion
Monday 18 June 2012

Property Place, a Facebook application that enables estate agents to advertise properties on the social networking site, has won new financial backing and appointed a heavyweight industry figure as its chairman…

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New keep-it-local property portals launch
Monday 18 June 2012

An entrepreneur has entered the estate agency portals market with a series of local boutique websites. Neil Harvey, 29, has so far created 20 local portals throughout the South-West, and plans to launch in Birmingham next month…

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Chancellor acts after lending to first-time buyers plummets 70%
Monday 18 June 2012

The housing market could be about to improve, if a dramatic new move by Chancellor George Osborne pays off. Last night, he and Bank of England governor Mervyn King unveiled a plan to unleash vast sums of money via high street banks…

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Ex-CEO returns to the Fine & Country fold
Monday 18 June 2012

Mike Bidwell, former chief executive of Fine & Country, has returned to the franchise business just over a year after quitting. He has been appointed to run Fine & Country’s new Cambridge office, opening at the end of this month…


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