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HouseSimple Scraps Upfront Fee Option

HouseSimple has become a “no sale no fee” only estate agency, after scrapping its pay upfront option. Sellers will pay a fixed fee of £995 (including VAT), with no conveyancing tie-ins, on completion of a sale. The fee compares with the 1% to 2% commission typically charged by high street agents on sale of a property. HouseSimple previously offered…
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Foxtons Profits Plunge As London Housing Market Slumps

Profits at estate agent Foxtons plunged by almost two thirds last year amid a slowdown in London’s housing market. While prices in the capital have remained high, the number of transactions has dropped following a surge in buying activity in previous years. Foxtons, which operates almost entirely in London, said waning consumer confidence against a…
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