Conveyancers slam Govt | Holiday let fraud | FTBs new year boost




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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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.



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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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.



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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OFFICIAL: Property sales market 'treading water' as Budget looms

Buyers and sellers delaying moves ahead of the Budget amid uncertainty over potential tax changes, according to the latest HMRC property transaction data.

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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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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.



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.



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.



North West landlords fear “financial ruin” as new scheme launches

Councillor warns rising licence costs in one of the country’s most deprived areas are forcing smaller landlords to consider quitting.

Click here to read North West landlords fear “financial ruin” as new scheme launches.



Foxtons’ branch blockaded during Global Day of Housing Action

 



Rightmove makes NatWest exclusive mortgage partner

The portal signs a deal with the banking giant that means homebuyers will be able to apply for a home loan and receive an instant decision.

Click here to read Rightmove makes NatWest exclusive mortgage partner.



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.



First-time buyers inject momentum into property market with highest share in 20 years

New figures from Connells show that FTBs made up more than a third of home purchases last month, with the number for London even higher.

Click here to read First-time buyers inject momentum into property market with highest share in 20 years.



The Ombudsman Files – Deposit registration failure leads to landlord compensation

A case concerning a dispute between a landlord and letting agent over the handling of a tenancy deposit results in huge compensation pay out.

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Fraudsters hijack letting agency identity in rental scam

Short-term holiday let used to stage fake tenancy viewings and extract upfront rent and depo

Click here to read Fraudsters hijack letting agency identity in rental scam.



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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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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.



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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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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Conveyancers hit back at Government over tax advice proposal

Chairman of Society of Licensed Conveyancers slams Government proposal to require conveyancers who submit Stamp Duty returns, to register as tax advisers. 

Click here to read Conveyancers hit back at Government over tax advice proposal.



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.



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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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.



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?.



'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.



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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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.



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.

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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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Conveyancers see no evidence of property market rebound

Industry body’s latest quarterly confidence tracker report reveals sluggish activity and muted post-Budget recovery.

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High-flyer ops manager joins AZ Real Estate

AZ Real Estate has appointed Karina Solomko as Head of Operations, bringing over a decade of international expertise to the firm.

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