Homebook – Will it Replace the Need for Estate Agents?
Former property trader Anton Kreil is set to launch a Facebook-style property site, Hablib.com in the coming weeks.
Recently featured on BBC Two’s ‘Million Dollar Traders’, Kreil hopes to transform this property site into the Facebook of the property world combining the successes of networking sites with residential property portals.
Could Undervaluing Be Harming Housing Sales?
According to figures released by the National Association of Estate Agents, some of the UK’s leading lenders are undervaluing properties by at least 10% – a cut that is having a detrimental affect upon housing sales.
Speaking on these undervaluing, Assumpta Breslin for Principle First Financial Services explained that the reason for these sharp devaluations was because lenders are treating property as a risk assessment.
Heads up! Upcoming *free* course in .
Don't lose your chance to attend!
