Sad loss to agency | Rent in advance | Mortgage broker booms




LSL Estate Agency Franchising expands service offering

MD Paul Hardy announces strategic partnership with B-hive Block Management to boost franchisees' growth potential.


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Decade of dedication for The Propertymark Trust

Veteran estate agency manager and property consultant, John Oakley, is celebrating 10 years as trustee of The Propertymark Trust.

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COURTS: Landlord wins 'important' appeal in rent to rent case

Amlendu Kumar wins appeal in what a leading property lawyer says is an "important new decision" affecting rent-to-rent agreements and rent repayment orders.

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Number of former rental properties for sale rises as CGT changes loom

Research by Rightmove among its listings shows the proportion of former rented properties within the market rising to 18%.

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Walsall is consulting on plans that will force both the owners of smaller Houses in Multiple Occupation to apply for planning permission.

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Foxtons makes surprise move into London commuter towns with acquisitions

The London-based agent has spent some £12m buying two estate agencies, one in Reading and the other in Watford, both bought from private shareholders.

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Stamp Duty hike to ‘damage’ rental market warn auctioneers

2% rise in budget for SDLT will lead to investors exiting the market, reduce supply and push up rents says NAVA.

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Guild reports 'thousands of referrals' via network

Guild of Property Professionals chief Iain McKenzie says its referral system has generated 2,086 referrals for its network since the start of the year.

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'Criminal’ landlord trio hit with huge £450k HMO fine

A group of three West Northants landlords have together been fined a total of £452,796 for a series of unlicensed and unsafe HMOs.

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New workers' rights shake-up to impact estate agencies

Employees working for property businesses will be able to claim unfair dismissal from day one of a new job, under a new government bill.


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AGENT BLOG: After Scotland's rent cap lifted, guess what happened next?

Nicky Lloyd of ESPC Lettings in Edinburgh reflects on the rental market in Scotland six months after a rent cap and ban on evictions were scrapped.

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OP-ED: Banning 'rent in advance' sounds noble, but risks chaos for agents

Labour's recent amendments are designed to protect financially vulnerable people from 'exploitation' but how, asks The Neg's Nigel Lewis, will agents and landlords manage tenancy risk in the future?

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AUCTION UPDATE: Residential sales driving resilience in auction market

The latest property auction market insights from Essential information Group's David Leary reveals the dominance of residential sales.

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Airbnb 'won't take down illegally-sublet listings' claims landlord

The short-lets giant has not taken down a listing despite being informed that the Central London property is being illegally sublet, it is claimed.

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Huge rise in number of sales fall-throughs reported

Homebuyers are still struggling with higher mortgage rates and so more and more sales are falling through says Moverly’s Gemma Young.


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Mortgage broking giant MAB reports revenue and profit jump

Peter Brodnicki and his Mortgage Advice Bureau saw revenue rise 11% against a forecast of just 4%.

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Are agents being forced to help parents cheat school entry system?

Parents are increasingly gaming the school catchment area rules in order to get their kids into the best schools.

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Haunting story blights another (but famous) house sale

Owner says he has struggled to sell the mansion after singer Adele claimed it was haunted during an interview.

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Estate agent duo recognised for sales success at global event

Mark Buchanan and Amie Brooks, both of whom work within the eXp UK network, flew to the gala estate agent event in Miami.


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CLAIM: High St agents face double threat of rising costs and stiffer competition

Bricks-and-mortar estate agencies facing higher staff costs and increased competition from the growing number of ‘personal’ agents according to Property Experts founder.

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Bill to ban Section 21 evictions published – industry reaction

The Government takes its first step towards scrapping Section 21 'no fault' evictions with the first reading in Parliament of the Renters' Rights Bill.
 

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Director of big agency and charity fundraiser dies after long illness

Ian Maclean, who had been Franchise Director at Belvoir Group since 2016, has passed away, the company has announced.

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Airbnb set to compete with lettings agents for longer rentals

Co-founder and CEO Brian Chesky says the company is eyeing longer-term rentals as a lucrative new area of business, putting his firm soon in direct competition with some agents.

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PROPERTY MARKET UPDATE: Seasonal price falls but surge in activity

Depending on the source, house prices have seen seasonal falls or small increases, but property market activity is on the rise regardless, reports Kate Faulkner.

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Sellers to blame for delaying their own transactions

Home sellers are unaware that they are causing delays to their own sales by failing to provide the required Material Information when listing their properties.
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Proptech makes UK exit as former boss jump ship

Former General Manager at MovingHub, Adam Bray, has joined Just Move In as the proptech platform makes strategic exit from UK market.

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