{"id":92963,"date":"2018-07-02T19:02:30","date_gmt":"2018-07-02T12:02:30","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-than-7000-uk-property-agents-risk-going-bust-says-study\/"},"modified":"2018-07-02T20:03:54","modified_gmt":"2018-07-02T13:03:54","slug":"more-than-7000-uk-property-agents-risk-going-bust-says-study","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-than-7000-uk-property-agents-risk-going-bust-says-study\/","title":{"rendered":"More than 7,000 UK property agents risk going bust, says study"},"content":{"rendered":"


\nMore 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.
\nA 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.
\nBut it found that more than 7,000 estate agents \u201ccurrently show signs of financial distress\u201d.
\nLast week, shares in…
\n
\nSource : South China Morning Post
\nRead more…More than 7,000 UK property agents risk going bust, says study<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

More than 150 estate agency firms went insolvent last year and as many as 7,000...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-92963","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-obp","jetpack-related-posts":[{"id":92913,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/7000-estate-agents-at-risk-of-going-to-the-wall-says-study\/","url_meta":{"origin":92963,"position":0},"title":"7,000 estate agents at risk of going to the wall, says study","date":"July 1, 2018","format":false,"excerpt":"\r High street operators face \u2018triple whammy\u2019 of internet competition, falling prices and fee cutsMore 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62304,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/one-in-five-high-street-estate-agents-risk-going-bust-study-claims\/","url_meta":{"origin":92963,"position":1},"title":"One in five high-street estate agents risk going bust, study claims","date":"July 31, 2017","format":false,"excerpt":"\r Up to 5,000 traditional agents are struggling to survive amid growing threat from low-cost, fixed-fee online firms and larger rivals, say accountantsOne in five UK estate agents are at risk of going out of business amid a growth in online companies, new research shows.Almost 5,000 estate agents are showing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147224,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/number-of-uk-estate-agents-going-bust-rises-almost-a-third-in-one-year\/","url_meta":{"origin":92963,"position":2},"title":"Number of UK estate agents going bust rises almost a third in one year","date":"September 30, 2024","format":false,"excerpt":"\r Higher interest rates puts further pressure on property market, with overall transactions at lowest level in a decadeThe number of UK estate agents declaring insolvency has jumped by almost a third with nearly 300 businesses going bust in the last year.The figures underline the gloom around Britain\u2019s property market,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62386,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/so-estate-agents-are-being-replaced-by-robots-its-about-time-rhiannon-lucy-cosslett\/","url_meta":{"origin":92963,"position":3},"title":"So estate agents are being replaced by robots? It\u2019s about time | Rhiannon Lucy Cosslett","date":"August 1, 2017","format":false,"excerpt":"\r For years they have exploited those searching for that very simple thing \u2013 a home. But those who let them get away with it are culpable too\u2022 Rhiannon Lucy Cosslett is a freelance writerWhen you are a victim of this country\u2019s housing crisis \u2013 and heaven knows there are\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127864,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-to-cut-out-lawyers-role-in-mortgage-transfers-in-pilot-plan-to-protect-buyers-from-insolvent-legal-firms\/","url_meta":{"origin":92963,"position":4},"title":"Hong Kong to cut out lawyers\u2019 role in mortgage transfers in pilot plan to protect buyers from insolvent legal firms","date":"July 20, 2022","format":false,"excerpt":"\r As many as 25 law firms became insolvent over the past 10 years, trapping more than HK$530 million of funds by 1,500 homebuyers in escrow, requiring them two years on average to get their money back, according to a Legislative Council document and court papers.\r \r Source : South\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118210,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/estate-agents-fear-boom-followed-by-bust\/","url_meta":{"origin":92963,"position":5},"title":"Estate agents fear \u2018boom followed by bust\u2019","date":"August 13, 2020","format":false,"excerpt":"\r Influential Rics survey predicts sales surge from stamp duty holiday will be shortlived\r \r Source : ft.com\r Read more...Estate agents fear \u2018boom followed by bust\u2019","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/92963"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=92963"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/92963\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=92963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=92963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=92963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}