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High Street estate agents in the UK struggling financially, says new study

Hundreds of estate agents have gone out of business in the UK in the last year and 7,000 are showing signs of financial distress as they face fewer sales and online competition, a new study has found. Accountancy firm Moore Stephens – suggests that  27% of agents are struggling to survive. One of the main […]

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Countrywide shares fall 20% on profit warning

  Shares in Countrywide were down 8.3% at 81.557 pence each at Thursday midday, having hit as low as 67.70p earlier in the session. Countrywide shares have fallen nearly 90% since hitting its all-time high of 701.00p in March 2014. This comes  after a surprise statement declaring it was cutting its expected income forecast this year. In […]

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More people in the UK want the flexibility of renting a home

Many people in the UK have decided that the would rather have the flexibility of renting a home than being tied to owning a property Approximately, of the estimated 17 million renters in the UK, 70% or 12 million adults, have no plans to purchase a property, according to the study from landlord insurer Direct […]

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