Second homes sell-off | Shelter CEO exits | Tax expert expelled




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%.

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High profile Stamp Duty 'mitigation' expert expelled from tax institute

Chartered Institute of Taxation has expelled David Hannah of Cornerstone Tax after an exhaustive investigation into his activities following complaints from HMRC and clients.


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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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Shelter’s controversial Chief Executive Polly Neate to step down

One of Renters’ Rights Bill’s chief architects Polly Neate is to step down from her position as Shelter’s Chief Executive in March next year.


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Waiting times for local authority searches now 'postcode lottery'

Moverly reveals huge variations of between 11 and 51 day waits for local authority searches, delays that put thousands of property sales in jeopardy every year.


Click here to read Waiting times for local authority searches now 'postcode lottery'.



All change as number of cash buyers in market drops signifcantly

The number of cash buyers has fallen by up to 45% in some areas of the UK according to Land Registry figures examined by a leading consultancy.


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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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Tax fears 'persuading investors and second homeowners to sell'

Zoopla claims tax rises in the Budget this month, as well as increases in council tax, are forcing buy-to-let owners and people with second homes to sell up.

Click here to read Tax fears 'persuading investors and second homeowners to sell'.



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.



Labour policies 'responsible for landlords exiting market'

Quick-buying property platform Upstix reports a 33% increase in enquiries from property investors in the week after the Renters' Rights Bill was issued.

Click here to read Labour policies 'responsible for landlords exiting market'.



REVEALED: Salty secret behind Britain's slowest-selling property markets

Rightmove's 'sales speed' index reveals that while Scots properties sell fastest, properties within coastal areas across Britain sell the slowest - but why?

Click here to read REVEALED: Salty secret behind Britain's slowest-selling property markets.




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