Budget reaction | Rogue landlord fine | Auction innovation




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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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.

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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 industry partnership creates 'one-click' auction option

Pattinson and Street partnership means agents can push their less attractive properties to auction in just one click – and watch bidding in real time. 


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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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Punitive! Property sector reels following  BTL Stamp Duty hike

It was the budget the industry was dreading – and it certainly delivered. Reaction from leading property companies and commentators.


Click here to read Punitive! Property sector reels following  BTL Stamp Duty hike.



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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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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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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Rogue landlord faces big fine after council investigation

Gateshead Council has fined a local landlord £7,000 for renting out three ‘dangerous flats’ after he ignored several improvement notices.


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Chancellor says buy-to-let Stamp Duty hike is justified

Chancellor Rachel Reeves increases Stamp Duty on investment property from 3% to 5% from today in the Budget.


Click here to read Chancellor says buy-to-let Stamp Duty hike is justified.



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.

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HMRC crackdown sees 1,600 more agencies complete AML registration

As a result of the huge fines HMRC has been issuing for AML breaches there has been a surge in the number of agents completing  AML registration.


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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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Green Party calls for city to begin rent control scheme

Glasgow councillors are being asked to get behind new rent controls as set out in the upcoming Scottish Government’s Housing Bill.

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