Online estate agents take 10% of market for first time within sub-£200k sector

first_imgOnline estate agents have taken 10% of the UK housing market at the lower end of the market for the first time, latest research by TwentyCI reveals.Its Property & Homebuyer report for the final three months of 2019 shows that online agents now have a market share of 10% for properties under £200,000 and an overall market share of 7.9%, a percentage which has held steady during the whole of last year.Also, TwentyCI says online estate agents hold in excess of 10% of the market in several key regions including in the North West, West Midlands as well as Yorkshire and the Humber.“This is a significant win for online agents, yet again demonstrating their appeal to the lower-value end of the housing market, however for Purplebricks to achieve their stated goal of 10% market share, a significant penetration into other populace regions of the UK and for properties greater than £200k is essential,” says Colin Bradshaw (left), Chief Customer Officer at TwentyCI.“Polarisation of their proposition will inhibit the strategic objective.”His company’s research also reveals that the ‘Boris bounce’ predicted by many agents and economists following the General Election win for the Conservative Party has yet to appear in the form of an increase in new instructions or average asking prices.“Consumers have still been behaving hesitantly when it comes to both buying and selling their homes, however with Brexit now planned for later this month, we could see a welcome boost to the slow-moving property market of 2019, at least in the short term as people look to get on with the job of moving house,” says Bradshaw.  Colin Bradshaw Purplebricks online agents TwentyCi January 15, 2020Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » Housing Market » Online estate agents take 10% of market for first time within sub-£200k sector previous nextHousing MarketOnline estate agents take 10% of market for first time within sub-£200k sectorResearch by TwentyCI suggests online estate agents are gaining traction among budget home movers and particularly in the NW, West Midlands and Yorkshire.Nigel Lewis15th January 202001,843 Viewslast_img read more

Zoopla hints at Coronavirus fees deal to beat OnTheMarket’s

first_imgZoopla is on the brink of offering its agents a fees reduction package and is due to reveal it today, two agents have told The Negotiator following discussions with their reps.Harper Finn and Dreamview Estates, both in London, say their Zoopla contacts informed them that an announcement is imminent after they both threatened to cancel their listings with the portal as their businesses buckle under the pressure of Coronavirus.“My rep told me that she didn’t know the detail of the likely deal to be offered to agents, but said it would probably be better than OnTheMarket’s,” said Christian Harper of Harper Finn.He says the rep claimed that, because Zoopla is owned privately by US hedge fund Silverlake and is no longer listed on the London Stock Exchange or answerable to shareholders, “they were able to act in a far more appropriate way”.“I have now cancelled my direct debit and been advised that by cancelling my direct debit, the debt will continue to build and I should expect to hear from Zoopla’s debt collection agency in three months’ time, regardless of me sending our data to them or not,” says Harper.To beat OnTheMarket, Zoopla would have to offer a fees reduction package greater than a third.Ahead of a likely decision, agents have been calling on both Rightmove and Zoopla to follow OnTheMarket, including one Winkworth franchisee, who last night tweeted: “Well done to @OnTheMarketCom who have reduced agent portal fees by 33%.  @rightmove and @Zoopla should follow this positive action. Maybe this is time to just got to one #propertyportal.” harper finn christian harper Dreamview Estates Rightmove Zoopla March 20, 2020Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Home » News » Zoopla hints at Coronavirus fees deal to beat OnTheMarket’s previous nextProducts & ServicesZoopla hints at Coronavirus fees deal to beat OnTheMarket’sThe portal’s reps have been telling agents that an announcement is due this morning that will be better than OTM’s 33% fees reduction.Nigel Lewis20th March 202001,047 Viewslast_img read more

Foxtons buddies up to BidX1

first_imgBidX1, the online auction specialist, has doubled its UK sales year-on-year, with £108m-worth of property sold in 2020, up from £52m in 2019. BidX1’s success rates have also seen a jump, increasing from 76 per cent in 2019 to 90 per cent last year. The firm recorded 6,980 bids on UK property in 2020, resulting in the sale of more than 320 assets, with bidder numbers increasing by more than 200 per cent.We’re looking forward to building relationships with estate agencies.BidX1’s partnership with Foxtons accounted for more than a quarter of the total raised in 2020. In September, the two firms announced a strategic partnership, and the collaboration has seen 65 joint sales to date, at a sales value of £27.1m.Among the highlights, a three bedroom lower-ground floor flat within an elegant building at Montagu Square in Marylebone – held leasehold but benefitting from a share of the freehold – was sold for £1.05m in August. Oliver Childs, Head of Commercial Auctions at BidX1 UK, commented, “From a technology perspective, we have the benefit of maturity. As digital specialists, we are uniquely placed to complement the expertise and experience of market-leading firms like Foxtons. We’re looking forward to building relationships with real estate agencies in other parts of the UK in 2021.”www.bidx1.com Oliver Childs online auctions auction BidX1 Foxtons March 1, 2021Jenny van BredaWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » Auctions news » Foxtons buddies up to BidX1 previous nextAuctions newsFoxtons buddies up to BidX1The Negotiator1st March 2021026 Viewslast_img read more

Calls for ‘green belt’ to be explained to public

first_imgLand agent, Aston Mead, is calling on the government to educate the public on what constitutes developable green belt to clear up any misconceptions and avoid unjustified objections.The company says that concern about building new homes on such land would diminish if people understood that many green belt sites are ‘mostly grubby scraps of land next to railway lines or road junctions’.Aston Mead Land & Planning Director, Adam Hesse, said: “For years, we’ve been saying that building on green belt land is inevitable. But it’s only in the last month that the Housing Secretary has admitted it too.“Now he needs to explain which sort of sites are under discussion – because we believe that most people wouldn’t have even considered many of them to be green belt in the first place.”He points out that, in many cases, the classification is just an arbitrary limit on development land supply and that many sites have no ecological or agricultural value.“Of course, there are areas of the green belt which should be protected – but they could be turned into Areas of Outstanding Natural Beauty (AONBs), National Parks, protected woodland, Sites of Special Scientific Interest (SSSIs), or Conservation Areas, as appropriate,” added Hesse.“But much of it is what I call ‘grubby’ green belt – often close to existing town or city centres, where it tends to push house building into genuinely valuable parts of the countryside. All of which has meant longer commuting times, increased expense and more pollution.”Once they discover that they are mostly grubby scraps of land next to railway lines or road junctions, the vast majority will be on our side!”One particular site in Surrey contains all the right ingredients for planning permission to be obtained and is a prime contender for the sort of location where new homes might even enhance the area, claims Hesse.He added: “There’s a patch of land near Junction 11 of the M25. There are over 20 acres of uninspiring green belt there, big enough for over 200 homes. It’s within walking distance of Addlestone station, there are hundreds of existing homes nearby, and the network of roads around it would prevent further development once it was built. Most people wouldn’t even realise this is green belt land and few people would miss it if it was built on.“The truth is there are hundreds of similar sites all over the UK. But if we classify them all as green Belt and therefore put them out of reach of developers, the government will never hit its housing targets.”Green belt land new homes Adam Hesse Aston Mead April 29, 2021Charlotte FlakeWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » Land & New Homes » Calls for ‘green belt’ to be explained to public previous nextLand & New HomesCalls for ‘green belt’ to be explained to publicAston Mead wants the government to raise awareness of green belt land for development to highlight that not all sites have ecological or agricultural value.The Negotiator29th April 20210321 Viewslast_img read more

Alion Science and Technology Wins USD169.7 Million Navy Contract

first_img View post tag: USD169.7 View post tag: contract View post tag: Naval View post tag: Science Back to overview,Home naval-today Alion Science and Technology Wins USD169.7 Million Navy Contract View post tag: wins View post tag: and View post tag: million Alion Science and Technology, an employee-owned technology solutions company, announced that it has been awarded a contract to support the Navy’s Amphibious Warfare Program Office in their efforts to satisfy both current and future Navy/Marine Corps needs for Amphibious Warfare.Alion’s efforts include supporting the acquisition and production of the Navy’s LHA (R) class and their next generation connector, Ship to Shore Connector (SSC). Alion will also support the Service Life Extension Program (SLEP) of their current Connector, the Landing Craft, Air Cushion (LCAC). The award, a delivery order under the NAVSEA SeaPort Enhanced (SeaPort-e) contract, has a potential value of $169.7 million over five years. The base year value is approximately $26.1 million.The Navy’s Amphibious Ship’s and connectors are core to meeting the USMC’s mission to embark, land and support Marine expeditionary forces for extended periods of time. The LHA (Replacement), or LHA (R), class will replace the LHA 1 Tarawa class, which is nearing the end of its service life. USS America (LHA 6) will be the first ship of the LHA(R) program.“The Navy’s shipbuilding program offices continue their drive toward reducing cost and maintaining production schedules in a very challenging fiscal environment. Alion continues to innovate across the full spectrum of acquisition services to help the Navy achieve its goals of improved cost and schedule reliability,” said Vice Adm. Scott Fry (USN, Ret.), Alion Sector Senior Vice President and Manager of the Engineering and Integration Solutions Sector.As the next generation “big-deck” amphibious ship, LHA 6 will be optimized for aviation, capable of supporting current and future aircraft such as the tilt-rotor MV 22 and the Joint Strike Fighter (JSF). LHA 6 will be 844 feet in length, and will have an impressive displacement of approximately 44,971 long tons. The LCAC is a high-speed, fully amphibious landing craft capable of carrying a 60-75 ton payload. The LCAC was first deployed in 1982 and will be replaced by the SSC, which has an increased payload, starting in 2018.Work will be performed primarily in the Washington, D.C., Boston, MA, and Pascagoula, MS areas.About Alion Science and TechnologyAlion Science and Technology is an employee-owned technology solutions company delivering scientific, research and development and technical expertise and operational support to the Department of Defense, civilian government agencies and commercial customers. Building on 75 years of R&D and engineering experience, Alion brings innovation and insight to multiple business areas: naval architecture & marine engineering; defense operations; modeling & simulation; technology integration; information technology and wireless communications; and energy & environmental sciences. Based in McLean, Virginia, Alion employee-owners are located at major offices, customer sites and laboratories worldwide.[mappress]Source: BusinessWire, October 03, 2011 October 3, 2011 View post tag: Technology View post tag: News by topic View post tag: Alion Share this article Industry news View post tag: Navy Alion Science and Technology Wins USD169.7 Million Navy Contractlast_img read more

USS Miami Commanding Officer Discusses Navy Career with NROTC Students

first_img View post tag: Officer Training & Education View post tag: Career View post tag: students View post tag: discusses The commanding officer of the Los Angeles-class attack submarine USS Miami (SSN 755) discussed naval leadership with nearly 150 Naval Reserve Officer Training Corps (NROTC) students attending six universities, Nov. 28.These universities belong to the consortium of colleges managed by the Boston University-MIT NROTC Consortium. Cmdr. Roger Meyer‘s visit to these universities comes on the heels of an earlier NROTC visit to two units located in Maine in late October. “Visits to the various NROTC units both in Maine and in Boston are a great way to educate our future naval leaders,” said Meyer, who was accompanied by his Chief of the Boat, Master Chief Yeomen (SS) Tyrus Rock and a junior officer.The first NROTC unit Meyer spoke with is located at the Massachusetts Institute of Technology, which includes students who attend MIT, Harvard University and Tufts University. The second NROTC visit was at Boston University, which includes students who attend the university as well as Boston College and Northeastern University.Lt. Ken Kirkwood, assistant professor of naval science at Boston University planned the six-college tour for the visiting commanding officer to provide leadership training for the budding naval officers.“Cmdr. Meyer’s visit fits in nicely with our required training our NROTC units are due to receive on a yearly basis,” said Kirkwood. “However, his visit will touch on experience he has gained in his naval career and the lessons he has learned along the way leading up to his career as a commanding officer of a submarine.”Prior to reporting to Boston University, Kirkwood was assigned to the Los Angeles class-attack submarine USS Pasadena (SSN 752). Kirkwood added that Meyer’s visit will serve as a motivator for those under classmen who are interested in pursuing careers in the submarine force. “I have several under classmen who have expressed interest in pursuing careers in the submarine force and Cmdr. Meyer’s visit will be very influential for them,” said Kirkwood.Miami, currently undergoing maintenance and several system upgrades at Portsmouth Naval Shipyard, is the third Navy vessel to bear the name of the city of Miami, Fla.[mappress]Naval Today Staff,November 30, 2012 View post tag: Navy View post tag: News by topic View post tag: Miami View post tag: Naval View post tag: Commanding Back to overview,Home naval-today USS Miami Commanding Officer Discusses Navy Career with NROTC Students View post tag: NROTC November 30, 2012 USS Miami Commanding Officer Discusses Navy Career with NROTC Students View post tag: USS Share this articlelast_img read more

ESPS Meteoro Joins EU NAVFOR

first_img View post tag: joins Share this article ESPS Meteoro Joins EU NAVFOR View post tag: News by topic On August 6th, after passing through the Suez Canal, navigating the Red Sea and crossing the Strait of Bab-el-Mandeb, the Spanish warship ESPS Meteoro has been integrated into the European Union Naval Force (EU NAVFOR) Somalia Operation Atalanta.The ESPS Meteoro is the first of a series of four modern, multipurpose Ocean Patrol Vessels (OPV) commissioned into the Spanish Navy. The vessel was delivered to the Spanish Navy in July 2011, has a displacement of 2,500 tons, has a length of 95 meters, and has a crew of 86 persons on board including a Naval Special Warfare Unit and an embarked Air Unit.After an intense phase of logistical and operational preparations for the mission, the Meteoro sailed to the Gulf of Aden where she was integrated into EUNAVFOR. The warship, based in Las Palmas de Gran Canarias (Canary Islands), will remain in the area of operations for a period of four months. On board the Spanish ship is one SH60B helicopter. In mid-September she will embark an Unmanned Aerial Vehicle (UAV) for reconnaissance purpose that will further enhance her ability to search the seas off coastline for pirate activity.[mappress]Press Release, August 19, 2013; Image: EU NAVFOR View post tag: EU NAVFOR View post tag: ESPScenter_img View post tag: Meteoro View post tag: Naval View post tag: Navy Back to overview,Home naval-today ESPS Meteoro Joins EU NAVFOR August 19, 2013last_img read more

HMAS Coonawarra Changes Command

first_imgBack to overview,Home naval-today HMAS Coonawarra Changes Command A new Commanding Officer took the helm of HMAS Coonawarra during a formal handover-takeover ceremony in Darwin in December. View post tag: Coonawarra View post tag: Defense Authorities COMMAND HAND-OVER CEREMONY HMAS Coonawarra Changes Command View post tag: changes View post tag: Command January 16, 2014 View post tag: Navy View post tag: Naval View post tag: HMAS As a former Commanding Officer of Fremantle and Armidale Class Patrol Boats (ACPB), Commander (CMDR) John Navin relieved CMDR Ben Favelle.CMDR Navin said that the main focus under his command will be to continue to provide support to the patrol boats and major fleet units currently on government directed operations.“With a high operational tempo it is a very challenging period at a time when we must continue to support visiting ships, major fleet exercises and any other Defence activities in the north,” he added.Having in mind the fact that Australia’s Northern Waters play host to major Royal Australian Navy and multi-national exercises and operations involving around 100 visiting Australian and foreign major warships each year, 2014 will be a busy year for the new Commanding Officer.[mappress]Naval Today Staff, January 16, 2014; Image: RAN View post tag: Defence View post tag: News by topic Share this articlelast_img read more

Image of the Day: Flight Deck Sprinklers On!

first_img View post tag: Deck View post tag: Sprinklers Taking an unusual shower aboard an aircraft carrier sometimes seems to be just a part of the job in the US Navy.This is exactly what happened when Aviation Boatswain’s Mate (Handling) 3rd Class Travis Beach, from Redway, Calif., and Aviation Boatswain’s Mate (Handling) 3rd Class Anthony Jones, from Oakland, Calif., unclogged flight deck sprinklers during an aqueous film forming foam test aboard the Nimitz-class aircraft carrier USS John C. Stennis (CVN 74).John C. Stennis is completing a docking planned incremental availability maintenance period at Puget Sound Naval Shipyard and Intermediate Maintenance Facility.[mappress mapid=”14428″] Back to overview,Home naval-today Image of the Day: Flight Deck Sprinklers On! View post tag: Flight Authorities November 13, 2014 View post tag: Navy View post tag: Naval Image of the Day: Flight Deck Sprinklers On! View post tag: News by topic View post tag: Image of the Day View post tag: americas View post tag: ON Image: U.S. Navy photo by Mass Communication Specialist Seaman Christopher Frost View post tag: USS John C. Stennis Share this articlelast_img read more

HSC-25 Helps Rescue Stranded Boaters near Rota

first_img View post tag: Boaters View post tag: News by topic Sailors from Helicopter Sea Combat Squadron (HSC) 25, U.S. Coast Guard Sector Guam and rescue crews from Rota recovered three stranded boaters a mile offshore near the village of Songsong Feb. 3.The 20-foot vessel was operating in 10-foot seas when its engine failed around noon. Due to surf conditions, a rescue vessel from Rota was unable to immediately rescue the stranded boaters. A Navy MH-60S helicopter from HSC-25 was launched from Andersen Air Force Base, Guam, and reached the vessel within 30 minutes of receiving the call to act as on scene commander. Once in the vicinity, the helicopter crew determined the best course of action was to monitor the boaters until a rescue vessel could arrive.After about an hour and a half, the seas calmed down enough for a Rota rescue vessel to tow the stranded vessel in. The HSC-25 crew credited good communication between HSC-25, Coast Guard Sector Guam and the rescue units from Rota for the recovery.The incident was the fourth search and rescue executed by HSC-25 personnel this year.HSC-25 is the Navy’s only forward-deployed MH-60S expeditionary squadron. As a part of Helicopter Sea Combat Wing Pacific, it provides an armed helicopter capability for U.S. 7th Fleet in support of logistics, search and rescue and humanitarian assistance missions.HSC-25 is also the only squadron that maintains a 24-hour search and rescue and medical evacuation alert posture, directly supporting the U.S. Coast Guard and Joint Region Marianas.[mappress mapid=”15065″]Image: US Navy View post tag: HSC-25 View post tag: Rota HSC-25 Helps Rescue Stranded Boaters near Rota View post tag: Stranded Authorities View post tag: helps View post tag: Navy View post tag: Naval View post tag: rescue Back to overview,Home naval-today HSC-25 Helps Rescue Stranded Boaters near Rota February 6, 2015 Share this articlelast_img read more

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