OTM 'misleading ads' | Bill amendments rejected | Proptech sell-off




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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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.

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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.


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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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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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'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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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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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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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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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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EXCLUSIVE: Proptech sells off inventory firm founded by lettings agents

Plentific has confirmed that it's sold TouchRight to a landlord three years after it acquired the software firm off Terry and Rachel Lightfoot.

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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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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.

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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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Foxtons’ branch blockaded during Global Day of Housing Action

 



Mortgage criteria changes providing 'big boost to housing market'

A raft of changes to lending criteria and falling borrowing costs will give buyers improved access to cheap finance, claims director of specialist lender.

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OnTheMarket investigated by ASA over ‘misleading’ traffic claims

Portal forced to drop claims in its advertising that it had ‘overtaken Zoopla’s website traffic following watchdog probe.

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Minister rejects latest bid to bring in letting agent regulation

Baroness Taylor of Stevenage tells Lord Best his amendments to the Renters' Rights Bill have beem rejected.

Click here to read Minister rejects latest bid to bring in letting agent regulation.



New AML rules come into force today amid warnings of huge fines

Landlords and letting agents must now comply with AML sanctions regulations on every tenancy regardless of cost.

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World-first service enables buyers to check 'mortgageability'

Rightmove and Nationwide reveal property lending check which portal says is next step in its mission to digitise more of the property market

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Estate agent avoids prison after pocketing buyer's deposit

Danny Wood has been convicted of fraud whilst working with Brighton-based estate agency Cooper Adams.

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Bradford estate agent passes HMRC audit with help from compliance service

Hunters Bingley & Shipley has passed an HMRC audit of its anti-money laundering practices with Coadjute’s Assured Compliance service.

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'Big estate agency doesn't care about staff, that's why I've gone self employed'

Ronke Maye who has 20 years under her belt at KFH, Foxtons and Haart says her approach – doing it on her own – is the way forward.

Click here to read 'Big estate agency doesn't care about staff, that's why I've gone self employed'.




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