Your round-up of the week's hot news from The Neg




Founders of leading South East estate agency paid £3.8 million as they exit business

Stuart Barr and Christian Miles along with two other shareholders get a golden goodbye following a buyout led by existing director and branch manager Mark Brooks.

Click here to read Founders of leading South East estate agency paid £3.8 million as they exit business.



Ian Springett is sprung from OnTheMarket

Ian Springett, the CEO of the third major portal, OnTheMarket, has had his employment terminated with immediate effect.

Click here to read Ian Springett is sprung from OnTheMarket.



Chancellor unveils £30bn Budget spending boost

Sunak launches massive £30bn stimulus package to boost UK economy including major boost for UK housebuilding.

Click here to read Chancellor unveils £30bn Budget spending boost.



Proptech has robbed estate agents of their traditional skills, say senior industry duo

Lonres founders William Carrington and Anthony Payne say more sales agencies are embracing more traditional techniques once again.

Click here to read Proptech has robbed estate agents of their traditional skills, say senior industry duo.



Lenders offer Coronavirus payment holidays

RBS is giving customers hit by Coronavirus a three-month mortgage-payment holiday, with other lenders likely to follow.

Click here to read Lenders offer Coronavirus payment holidays.



Regional house prices set to grow dramatically

Manchester leads the way, as JLL’s regional forecast highlights rapid growth in the regions over the next five years, as the economy is rebalanced away from London.

Click here to read Regional house prices set to grow dramatically.



Tenant referencing gets technical


People and proptech are working together to verify that tenants are who they say they are, says Lisa Isaacs.

Click here to read Tenant referencing gets technical.