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Many of the dinosaurs within the property industry, continually pour scorn, on the  growing success of online real estate business model, in particular , valuing the start ups . The unstoppable "consumer asteroid", that wiped out [their] primitive civilisation , has evolved into the sophisticated, cultural life form Online.   The remnants of a dinosaur skeleton,extinct and paraded as a historic curiosity of time , in a London Museum. BUT there's a genuine business buzz , with online real estate agents , I would go as far as to say Britain is at the forefront of this industry , including fin tech . The UK government's, recent full endorsement of the business model, was another nail in the coffin for the high street estate agent, business model. Research from Eurostat also showed,the the UK is the e commerce capital within europe. easyProperty.com 'Funeral' for High Street Estate Agencies  AND NOW GOOGLE ...

Irish property investment company Hibernia REIT is borrowing €46.7m (£34m) from Deutsche Bank to develop the iconic Windmill Lane site, once home to a recording studio used by U2. Artist impression of new development, building nearest right, at Grand Canal basin edge. The Dublin studio complex was once home to U2 as they made their early albums, with the group recording 'The Joshua Tree', 'Boy' and 'War' there. REM, The Rolling Stones, Van Morrison and Elvis Costello have also all recorded there too. The Joshua Tree Album by U2 was recorded at Windmill Lane Dublin Windmill Lane in Dublin in September 1994. The studios are on the left. On the near left, a fan has written out in blue on the pavement the lyrics to the U2 song "One".  The actual studios were moved out of the buildings and relocated to Ringsend some time ago. The buildings were then purchased by property investment company Hibernia REIT, who bought the loans held ag...

British house price growth quickened by more than expected in December to hit an eight-month high, according to a survey on Wednesday, another sign of growing momentum in the housing market. Mortgage lender Nationwide said house prices rose 0.8 percent in December, the strongest monthly increase since April and compared with a 0.1 percent increase in November. House prices rose 4.5 percent year-on-year, up from a 3.7 percent annual increase in November. " As we look ahead to 2016, the risks are skewed towards a modest acceleration in house price growth, at least at the national level, despite the likelihood of interest rate increases from the middle of next year, " Nationwide chief economist Robert Gardner. House prices are likely to rise between 3 and 6 percent over the next 12 months, Gardner added . London again topped the table for house price growth in 2015, with a home costing 12.2 percent more in the fourth quarter than a year earlier. ...

CBRE , the world’s largest property services company by revenues  [though DTZ + Cushman and Wakefield have one of the largest portfolios under management outside the domestic US markets], are to announce a two-year partnership with Virtual Walkthrough, a London-based start-up, to enable 360-degree digital capture of UK offices available to let. Virtual Walkthrough introduction The deal comes as digital capture and virtual reality move into real estate’s mainstream, key drivers include consumer demand and a growing industry default in the US  with companies like  Floored . Earlier this year , the world’s first virtual reality open house on social media site Facebook  saved a seller £51,360 over using traditional UK agents, it is claimed. The online estate agent, SellMyHome.co.uk , helped Mike Freeman achieve £10,000 more than the asking price when selling his London flat, through Virtual Walkthrough on Facebook. The two-bedroom home in H...

When a TV documentary from channel 4 aired early this year , it involved under cover reporters , emphasising london's property boom is partly being funded, by overseas buyers, laundering money. Two undercover reporters posed as unscrupulous Russian government official called “Boris” and his mistress “Nastya” whom he wanted to purchase an upmarket property in London for. The couple [featured in video below]– Russian anti-corruption campaigner Roman Borisovich and Ukrainian investigative reporter Natalia Sedletska – viewed five properties ranging in price from £3m to £15m, on the market with five different west London agents, in Kensington, Chelsea and Notting Hill. Despite being made aware they were dealing with ill-gotten gains, the estate agents agreed to continue with a potential purchase. In several instances the estate agents recommended law firms to help a buyer hide his identity. One estate agent named a “very, very good lawyer … the last person I ...