Purplebricks’ market share claim | CGT rise support | OTM drops software




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.



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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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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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.



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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PIX: Estate agencies share fee after selling £11m Diana home

The sale of the Spencer family's Mayfair home was managed by joint sole agents Wetherell and Chestertons and went under offer in less than a week.


Click here to read PIX: Estate agencies share fee after selling £11m Diana home.



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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'We'll have 10% market share in two years', says Purplebricks boss

Sam Mitchell makes claim during a frank interview talking his business with London newspaper including his reasons for buying the agency for £1.

Click here to read 'We'll have 10% market share in two years', says Purplebricks boss.



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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Welsh Minister celebrates second-homes crackdown but agents 'not happy'

As owners sell up and property prices fall there has been a big rise in the number of locals taking up a new Welsh Government 'assisted buying' scheme. 

Click here to read Welsh Minister celebrates second-homes crackdown but agents 'not happy'.



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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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OnTheMarket closes lettings software arm in surprise move

A statement says OnTheMarket Software's demise follows a strategic review of the OTM business following its acquisition by CoStar.

Click here to read OnTheMarket closes lettings software arm in surprise move.



Four million people have 'claimed' their home on Zoopla, says boss

The portal's COO Rich Hayes says Zoopla is on track to hit four million claimed homes during 2024 which is a 25% increase on last year.

Click here to read Four million people have 'claimed' their home on Zoopla, says boss.



Rich investors back Capital Gains Tax rise for landlords

Think tank says making CGT equal with income tax is supported by millionaire investors and would not hurt the property market.

Click here to read Rich investors back Capital Gains Tax rise for landlords.



FEATURE: 'This property is virtually sold!' How photo tech can free you up

Rapid advances in technology mean agents can now host property viewings remotely, saving time and reducing their carbon footprint. Richard Reed reports.

Click here to read FEATURE: 'This property is virtually sold!' How photo tech can free you up.




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