Interest rates fall | Conditional selling | Selective licensing petition




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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Landlord group launches petition against ‘insidious’ selective licensing

Portsmouth landlords, spearheaded by Simon Fletcher, are challenging selective licensing rules which they say are being misused by councils.

Click here to read Landlord group launches petition against ‘insidious’ selective licensing.



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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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.

Click here to read AUCTION UPDATE: Residential sales driving resilience in auction market.



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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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.


Click here to read Estate agent duo recognised for sales success at global event.



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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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.

Click here to read CLAIM: High St agents face double threat of rising costs and stiffer competition.



'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.

Click here to read 'Criminal’ landlord trio hit with huge £450k HMO fine.



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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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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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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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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Brokers angered by surge in estate agents' conditional selling practices

Mortgage brokers are once again urging regulators to do more to crack down on conditional selling by estate agents and developers.

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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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Innovative conveyancing platform given FCA green light

PEXA has achieved a milestone with FCA approval ahead of the launch of its Sale and Purchase product.

Click here to read Innovative conveyancing platform given FCA green light.



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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BTR proptech used by letting agents looks for £1m investment

Property Sense, which hopes to become the leading platform used by residents, operators and letting agents, is looking for more cash.

Click here to read BTR proptech used by letting agents looks for £1m investment.



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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London landlord fined £5,000 after tenants left without heating for a year

Court slams negligent HMO landlord Rosa Giddy saying ‘catastrophic consequences’ only narrowly avoided.

Click here to read London landlord fined £5,000 after tenants left without heating for a year.



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.

Click here to read AGENT BLOG: After Scotland's rent cap lifted, guess what happened next?.



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Mark Ridley is to be replaced by current CFO Simon Shaw as Group Chief Executive of the blue-chip agency.

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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.

Click here to read Stamp Duty hike to ‘damage’ rental market warn auctioneers.



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.

Click here to read COURTS: Landlord wins 'important' appeal in rent to rent case.



Foxtons’ branch blockaded during Global Day of Housing Action

 



LATEST: Major buy-to-let lender offers sub 3% rate to landlords

The Mortgage Works is now offering a two-year fixed deal at 2.99%, although brokers point to the hefty 3% fee.

Click here to read LATEST: Major buy-to-let lender offers sub 3% rate to landlords.



The Ombudsman Files – Agent ignores communication over refund

Interim Property Ombudsman, Lesley Horton, reviews a case where an agent stopped communicating with a buyer regarding the refund of a reservation fee. 

Click here to read The Ombudsman Files – Agent ignores communication over refund.



Interest rates 'set to fall to 3.25% this year'

Morgan Stanley forecasts a series of cuts to the base interest rate by the Bank of England, with an eventual level of 2% possible.

Click here to read Interest rates 'set to fall to 3.25% this year'.




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