Rightmove takeover latest | Agents going bust | Ethical agency launch




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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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.



32% rise in the number of estate agencies going bust

Accountancy giant Forvis Mazars says the number of estate agencies going insolvent has jumped by during the past twelve months. 


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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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Rising sales transactions point to better days ahead, say experts

The latest government figures show the number of UK residential transactions during August was 5% higher than last year. 


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New ethical estate agency to focus on selling rented homes with tenants 'in situ'

Sabel & Co in Derbyshire has been founded by a industry professional who believes 'vacant possession' sales aren't always the only way to go when selling PRS homes.


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Worries over Autumn Budget tax changes see Prime markets falter

Savills' head of residential research Lucian Cook says the positive effect of lower mortgage costs is being offset by pre-Budget caution.


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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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REA Group determined to do 'what it takes' to buy Rightmove says insider

Claim is made by industry insider following a week of multiple offers by REA Group to the Rightmove board to buy its entire share issue at a 45% premium.

Click here to read REA Group determined to do 'what it takes' to buy Rightmove says insider.



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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