Your weekend roundup of news, views and features




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?.



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.



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%.

Click here to read Number of former rental properties for sale rises as CGT changes loom.



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.


Click here to read Huge rise in number of sales fall-throughs reported.



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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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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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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.



LSL Estate Agency Franchising expands service offering

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


Click here to read LSL Estate Agency Franchising expands service offering.



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.



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.


Click here to read New workers' rights shake-up to impact estate agencies.



'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.



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.

Click here to read Airbnb set to compete with lettings agents for longer rentals.



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.



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.



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.
 

Click here to read Bill to ban Section 21 evictions published – industry reaction.



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.

Click here to read Airbnb 'won't take down illegally-sublet listings' claims landlord.



Foxtons’ branch blockaded during Global Day of Housing Action

 



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.

Click here to read Foxtons makes surprise move into London commuter towns with acquisitions.



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.

Click here to read James Cleverly named as new Shadow Housing Minister in Badenoch reshuffle.



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.

Click here to read Decade of dedication for The Propertymark Trust.



FEATURE: Can we get digital conveyancing out of the group chat?

Lisa Isaacs asks if digital conveyancing will ever happen and whether legislation is the ultimate solution to slow and painful house transactions.


Click here to read FEATURE: Can we get digital conveyancing out of the group chat?.



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.

Click here to read Guild reports 'thousands of referrals' via network.



Young estate agency gains traction after rejecting 'over valuations'

Co-founders of Leicester's Hauseit agency say too many rivals use over valuations to gain instructions.

Click here to read Young estate agency gains traction after rejecting 'over valuations'.



Landlords sound alarm over 'disastrous' court delays

Latest data shows average possession times have reached 33.8 weeks, despite falling claims as rental market braces for Renters' Rights Bill impact.

Click here to read Landlords sound alarm over 'disastrous' court delays.



REACTION: Landlords to be hit with National Insurance on rental income

Rachel Reeves is considering taxing landlords’ ‘unearned income’ as part of her drive to fill her £40bn budget black hole.

Click here to read REACTION: Landlords to be hit with National Insurance on rental income.



TPO reveals 'with great sadness' death of Gerry Fitzjohn

Former colleagues have lauded 'a truly great' man who served the TPO organisation for over 20 years while also working as an estate agent.

Click here to read TPO reveals 'with great sadness' death of Gerry Fitzjohn.



GUEST BLOG: How to win an agency award

As the entry deadline for The Negotiator Awards nears, best-selling author and founder of August Awards, Donna O'Toole offers her recipe for success – sign up for her webinar. 

Click here to read GUEST BLOG: How to win an agency award.



Brokers report big affordability improvements for home buyers

More relaxed lending criteria has transformed buyer behaviour as first-time buyers skip flats and go straight for family homes.

Click here to read Brokers report big affordability improvements for home buyers.



COLUMN: How the Government's tax grab is causing ordinary people to flee the UK

Business consultant Adam Walker demonstrates how successful property professionals are being penalised financially, to the point that they are leaving the UK market. 

Click here to read COLUMN: How the Government's tax grab is causing ordinary people to flee the UK.



Letting agents warn rental reforms will 'collapse' student market

Claim is made by software giant Alto after polling agents involved in the university lets market about the Renters' Rights Bill

Click here to read Letting agents warn rental reforms will 'collapse' student market.




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