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




Purplebricks’ AML problems are ‘tip of the iceberg’ for industry

Warning is made by leading industry supplier after hybrid agency confirms it is ‘in discussions with HMRC’ over the company's procedures.

Click here to read Purplebricks’ AML problems are ‘tip of the iceberg’ for industry.



Countrywide and LSL problems help accelerate high street branch closures

Latest research also shows that estate agency branches are the fourth largest sector for closures after fashion, food and footwear.

Click here to read Countrywide and LSL problems help accelerate high street branch closures.



Tax raid on landlords is ‘perverse’ and has FAILED, claims leading economist

Professor David Miles says Stamp Duty increases and mortgage relief reductions have not helped first time buyers as the government hoped.

Click here to read Tax raid on landlords is ‘perverse’ and has FAILED, claims leading economist.



Agents can’t charge for arranging to fix a loo, says tenant fees ban advice

Legal counsel sought by ARLA over 'contractual charges' has highlighted how fees charged for arranging a plumber to fix a toilet, and services like it, cannot be added to bills.

Click here to read Agents can’t charge for arranging to fix a loo, says tenant fees ban advice.



Online veteran trio buy huge Keller Williams franchise

Russell and Anthony Quirk and Mark Readings all of whom have past form as online and high street agents, have invested in the brand's Essex operation.

Click here to read Online veteran trio buy huge Keller Williams franchise.



OTM is beating rivals ‘in terms of leads’ claims portal’s City advisor

Zeus Capital also says it expects more developers to sign up after Barratt this week announced it was listing on the portal.

Click here to read OTM is beating rivals ‘in terms of leads’ claims portal’s City advisor.



Abode – different by design


Kevin Hailey, Director of Tavistock agency, Abode, explains how a chance experience with an agent’s touch screen display, led to the development of a community service – and a new revenue stream!

Click here to read Abode – different by design.




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