CGT homes raid | Inflation reaction | Second homes to let surge

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

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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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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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'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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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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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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Foxtons’ branch blockaded during Global Day of Housing Action

Innovative geo-location property listings app re-launches

The firm behind The Property DriveBuy app says it has new features, funding and big names to accompany its re-launch.

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James Cleverly named as new Shadow Housing Minister in Badenoch reshuffle

The ex-Foreign Secretary becomes Angela Rayner's opposite number in Parliament, taking over the role of Shadow Housing Minister from Kevin Hollinrake.

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Housing market still tough for tenants despite rent rises cooling

Despite official data showing easing relationship between supply and demand, experts say market still has too few homes to rent.

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71% of second homes owners looking to let as higher tax bills bite

Survey by Sykes Holiday shows doubled council tax bills and other cost pressures mean many second homes owners are looking to holiday or long-term lets to pay the bills.

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Big hybrid agency to reduce fall-throughs with reservation agreements

Through Gazeal’s Reservation and Deposit Agreements, EXP UK agents will be able to significantly reduce the risk of property transaction fall-throughs.

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Industry reacts as shock inflation rise ends hopes of base rate cut

The Consumer Prices Index (CPI) has hit 3.8%, up from 3.6% in June and is likely to reach at least 4% by September.

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Rachel Reeves eyes controversial Capital Gains Tax raid on main homes

As the Chancellor’s search for extra revenue to plug £40bn fiscal hole continues, a CGT raid on property is looking more probable, it is claimed.

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Industry giant launches initiative to bag more letting agency owners

Lomond is taking an innovative approach to M&A, talent attraction and employee engagement with a new website.

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The Ombudsman Files – missing EPC causes auction dispute

When an auctioneer failed to arrange an EPC for a property sold at auction, the buyer reached out to The Property Ombudsman to investigate.

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