Renters' Rights Act | Student app boost | Selective licensing expands




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.



Student lettings app used by agents backed by US investors with £7.5m

Two big Texas-based funds have invested in Housr, which has grown rapidly from a Manchester firm to operating in eight UK cities and the US.

Click here to read Student lettings app used by agents backed by US investors with £7.5m.



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

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.



New build property sales drop to lowest in over 15 years

Savills says the last time sales of new homes were this dire was before the global financial crash of 2008-09, in what will be a blow to Housing Secretary Steve Reed.

Click here to read New build property sales drop to lowest in over 15 years.



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?.



Five years on, Awaab's law finally becomes law

Property industry broadly welcomes new damp and mould rules but warns tight timescales could set landlords up to fail.

Click here to read Five years on, Awaab's law finally becomes law.



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.



UK's largest landlord welcomes Renters' Rights Act

Grainger chief says reforms strike the right balance between improving security for renters and protecting communities.

Click here to read UK's largest landlord welcomes Renters' Rights Act.



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.



Big central London council massively expands selective licensing

Islington says expanding scheme to ten wards is necessary to regulated rogue landlords, but also hikes scheme fee from £800 to £850 per property.

Click here to read Big central London council massively expands selective licensing.



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.



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.



Foxtons’ branch blockaded during Global Day of Housing Action

 



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.



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.



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

Click here to read xxxx.



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.



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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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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.



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.



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.



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.



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.



'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.



BLOG: Labour's endless tax proposal 'leaks' must stop

Maskells boss says national media's habit of repeating the endless tax proposals are doing serious damage to the housing market.

Click here to read BLOG: Labour's endless tax proposal 'leaks' must stop.



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.



Need cash to get qualified? New generous bursaries revealed

The Propertymark Trust has extended its Class of 25 initiative and is inviting applications from those looking to gain industry qualifications, with bursaries available of up to 100%.

Click here to read Need cash to get qualified? New generous bursaries revealed.



Rightmove launches tenant 'checklist' service for letting agents

The portal says the Renter Checklist will make the process from finding a property to picking up the keys easier for tenants and letting agents.

Click here to read Rightmove launches tenant 'checklist' service for letting agents.



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The corporate estate agency has found the number of new properties to let has risen in every month since March.

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INDUSTRY REACTS: Seismic Renters' Rights Act becomes law

The Bill, which is now an Act, was given Royal Assent yesterday afternoon by the King and is now due to be announced in Parliament formally.

Click here to read INDUSTRY REACTS: Seismic Renters' Rights Act becomes law.




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