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Sales contract lock-ins | YOPA success | Over-valuation charge

AGENT: Only 'perfect' tenants will find homes after renting reforms go live

The Bill will will create a 'two-tier' rental market as landlords and letting agents become more selective in which tenants they chose.

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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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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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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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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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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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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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'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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HMRC's Stamp Duty take rises by 25% this year

Homebuyers are ‘handing over eye-watering sums’ in Stamp Duty, according to big mortgage lender.

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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

 

Winkworth prime expansion continues with new Belsize Park office

Winkworth Belsize Park will be headed by North London expert Jack Peet and assistant manager Jonathan Rose.

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YOPA to be profitable next year, latest results show

After years of losing money, CEO Verona Frankish's cost-cutting and growth drives have seen overheads drop and revenues increase in recent months.

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Repeat offender landlord firm hit with £12,600 fine

Liverpool magistrates ramp up penalty by 400% after company ignores licensing laws for second time.

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WARNING: Landlords 'could lose a year's rent under renting reforms'

A ban on relisting a property for rental contained in the Renters' Rights Bill could leave landlords without any rent for 12 months.

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Estate agents overvaluing properties claim mortgage brokers

Research reveals 71% of mortgage brokers doubt estate agents’ market appraisals and expect down-valuations numbers to surge.

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Agency boss urges industry to adopt 'maximum' four-week sales lock-ins

Steve Wayne of Benjamin Stevens tells The Neg it's time to end the counter-productive estate agency practice of locking vendors into long sales contracts.

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