Financial sanctions | Rents to rocket | High-end agent 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.

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%.

Click here to read Number of former rental properties for sale rises as CGT changes loom.



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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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.


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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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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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Warning as letting agents face 'financial sanctions' rules next year

The move will be confusing for agents some of whom will be covered by AML rules but all must comply with new financial sanction rules, says Nathan Emerson. 

Click here to read Warning as letting agents face 'financial sanctions' rules next year.



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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Rents set to rocket 18% as demand outstrips supply says big agency

Savills says there will be some 'brakes' on rental prices, especially in London, but overall the demand will far outstrip supply.


Click here to read Rents set to rocket 18% as demand outstrips supply says big agency.



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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'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.

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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.

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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.

Click here to read Stamp Duty hike to ‘damage’ rental market warn auctioneers.



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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Former Savills director promises to 'shake up' estates management

Ex-Savills director Trevor Adey has launched Placekeepr to 'upend' convention by focusing on residents and their communities.

Click here to read Former Savills director promises to 'shake up' estates management.



High profile London agent launches buying arm for Sotheby's

Becky Fatemi, who merged her estate agency Rokstone with Sotheby's last year, says she will continue to sell homes as well as represent buyers.

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The Negotiator Conference – Panel session focus:

It's next Friday 29th, so book now.
Five industry leaders look ahead to 2025 and what will shape your year and influence your business. Delegate places are still available.

Click here to read The Negotiator Conference – Panel session focus:.



LAUNCH: Partnership to simplify conveyancing onboarding

Thirdfort has partnered with ProConvey to integrate its digital ID verification and source of funds technology into the conveyancing platform. 

Click here to read LAUNCH: Partnership to simplify conveyancing onboarding.



Judge throws out legal challenge to Welsh holiday homes rules

The High Court has refused permission for a judicial review over a Welsh council’s restrictions on second homes and short-term lets.

Click here to read Judge throws out legal challenge to Welsh holiday homes rules.



BLOG: Portfolio investment is thriving despite the Renters' Rights Bill

Andy Jones of LRG argues the future is bright for portfolio investors, especially in Build to Rent, even though the looming Renters' Rights Bill is set to become law.

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