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distriktonline.co.uk New Online estate agent opens its doors in North East

An online independent estate agent has launched in North Tyneside with a promise to be a game-changer for the region’s home sellers and buyers. distrikt, an all-family affair set up by property expert Max Christian-Chance, has pledged to provide the ultimate online estate agency service and save customers thousands on fees. The new service will initially operate in all the major districts in Tyne & Wear, including North Tyneside. It has an estimated six figure turnover and a recruitment drive expected at the end of 2016. Max said: “distrikt has been set up to bridge the gap between the online and traditional estate agent and we’re proud to launch this service in an area we know extremely well, Tyne & Wear. We’re offering a super simple online service that aims to offer low flexible fees, high levels of service and an ever-developing knowledge of the local property market.” “Estate agency as we know it is rapidly changing, and we want to make the people of Tyne ...

Estate Agent in West Country pleads guilty to 250,000 pound property fraud

Russell Baker pleaded guilty on Friday 19 February 2016 to nine offences of fraud in relation to his former estate agency business in Bovey Tracey, Devon. Exeter Crown Court was told by Tom Bradnock, counsel for Devon & Somerset Trading Standards Service, about how Russell Baker, 58, of Ilsington, Newton Abbot, bought a well-known Estate Agents business called Ashby’s.  He then created a web of limited companies through which he operated the business. A significant part of Bakers business was the letting out of properties on behalf of landlords. As part of that process the tenants would hand over a deposit, usually the equivalent of a month’s rent.  Tenancy deposits are meant to be passed to a government approved scheme to ensure that the deposit is properly protected but the deposits never reached the scheme, Baker simply pocketed the money. A number of landlords also allowed Baker to manage their properties for them but they found that they weren’t receivi...