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Agents fined £100k | Dual brand surprise | Proptech leader returns

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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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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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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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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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.

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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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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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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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'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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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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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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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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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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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’ 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.

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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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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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OFFICIAL: Landlord income defies doom predictions to reach £55.5bn

Despite prospect of increases in tax and regulation, the latest HMRC figures show rental revenue has reached a five-year high.

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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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Dwelly accelerates expansion with Midlands estate agency purchase

Lettings software firm adds 850-property portfolio to growing book following acquisition of respected lettings firm.

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National estate agency reveals unusual dual branding rollout

Lomond's acquisition Draker is to become a dual-branded operation within the KFH family at three branches and on national portals too.

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Mortgage figures hold up despite property tax speculation

New figures from the Bank of England show mortgage approvals were up 800 in July, with a drop in remortgages.

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Big London council fines 16 letting agencies a total of £100k

Haringey has issued penalty notices to the unnamed letting agencies, with half of them receiving multiple fines.

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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. 

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Property industry trade association giant to launch on 1st January

After months of discussions and member votes, three key commercial property bodies including the BPF are to become one and be named RE:UK.

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POLL: Landlords 'not prepared' for Renters' Rights Bill

Only one in six property investors say they are fully prepared for the Bill, according to a survey released by David Adams at Cavendish.

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Leading proptech figure joins lettings platform as CEO

Following several months off Gary Barker has joined Canopy/The Lettings Hub to lead its next and highly ambitious period of growth.

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