More than 150 estate agency firms went insolvent last
year and as many as 7,000 are at risk as high street operators face the triple
whammy of online competition, a sagging property market and cuts to letting
fees. A study by accountants Moore Stephens found that 153 estate agency firms
went insolvent in the year to May 2018, a small increase on the 148 the year
before. But it found that more than 7,000 estate agents “currently show signs
of financial distress”. Read more on the Guardian website.
https://www.theguardian.com/business/2018/jul/01/7000-estate-agents-at-risk-of-going-to-the-wall-says-study
Thursday briefing: How Michael Gove’s ‘new deal’ for renters went sour
-
In today’s newsletter: The renters’ reform bill was meant to address a
spiralling housing crisis, but as a watered-down version finally passes, we
look a...
7 hours ago
No comments:
Post a Comment