Reeves rental apology | Landlord compliance angst | Labour doubles down on 1.5m homes




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.



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.



Foxtons’ branch blockaded during Global Day of Housing Action

 



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.



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.



'Now do you understand our pain?' landlords ask Chancellor

Eastern Landlords Association chair says for too long Whitehall has not realised the minefield that property licensing presents for some BTL operators.

Click here to read 'Now do you understand our pain?' landlords ask Chancellor.



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.



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.



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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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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.



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.



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?.



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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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Report reveals major shift in what triggers buyers' offers

Those purchasing homes' focus is moving away from a property’s kerb appeal and onto its overall cleanliness, surprise research claims.

Click here to read Report reveals major shift in what triggers buyers' offers.



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.



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.



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.



40% of home buyers negotiated a discount during past 12 months

Paula Higgins of the HomeOwners Alliance says her research reveals how significant number of home buyers achieved a price drop, although the same proportion paid the asking price.

Click here to read 40% of home buyers negotiated a discount during past 12 months.



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.



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.



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.



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.



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.



Street.co.uk slashes property staging costs with new AI tool

Proptech company Street.co.uk has unveiled an instant virtual editing feature, cutting property staging image costs by up to 300 times.

Click here to read Street.co.uk slashes property staging costs with new AI tool.



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.



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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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'We WILL build 1.5 million homes by 2029' says defiant Labour

Ministers led by Housing Secretary insist his own 'stretch target' is achievable despite concerns from housebuilders.

Click here to read 'We WILL build 1.5 million homes by 2029' says defiant Labour.



BLOG: 'Why I feel sorry for Rachel Reeves'

Adam Walker is in danger of being in a minority of one as he pleads the case for Rachel Reeves – but not as a Chancellor, but as an accidental landlord.

Click here to read BLOG: 'Why I feel sorry for Rachel Reeves'.



Lettings agency at centre of Rachel Reeves licensing debacle apologises

Harvey & Wheeler boss says sudden departure of staff member led to licensing application promise not being fulfilled.

Click here to read Lettings agency at centre of Rachel Reeves licensing debacle apologises.




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