Unusual HMO fine | Branch refurb surprise | Rental stock disagreement




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.


Click here to read New workers' rights shake-up to impact estate agencies.



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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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.


Click here to read Estate agent duo recognised for sales success at global event.



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.

Click here to read Airbnb set to compete with lettings agents for longer rentals.



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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Landlord fined for unlicensed HMO despite legal agreement with letting agency

A Portsmouth landlord has been fined £7,500 for an overcrowded HMO even though it was being run by a lettings agency under a guaranteed rent scheme.

Click here to read Landlord fined for unlicensed HMO despite legal agreement with letting agency.



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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Branch refurb uncovers amazing link to agency owner's family’s past

During an upgrade of estate agency Mactaggart & Co’s office the builders discovered rare tiling done by the owner’s famous great-grandfather.


Click here to read Branch refurb uncovers amazing link to agency owner's family’s past.



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.

Click here to read Foxtons makes surprise move into London commuter towns with acquisitions.



'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.

Click here to read 'Criminal’ landlord trio hit with huge £450k HMO fine.



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.

Click here to read AGENT BLOG: After Scotland's rent cap lifted, guess what happened next?.



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.

Click here to read Guild reports 'thousands of referrals' via network.



Letting agents warned over surprising lack of CO alarms in homes

Carbon Monoxide Awareness Week, which is running at the moment, has been backed by one firm which has published new research into compliance.

Click here to read Letting agents warned over surprising lack of CO alarms in homes.



Foxtons says rental stock rising but Savills disagrees - who's right?

The London agency says the number of new rentals in the capital is the highest in four years and 8% above the figure 12 months ago.

Click here to read Foxtons says rental stock rising but Savills disagrees - who's right?.



The Negotiator Conference – Session focus: Brand and building value into your business

It's next Friday 29th, so book now.
Founder of award-winning agency Hat and Home, Ben Gee share his secrets of agency success. Delegate places are still available.

Click here to read The Negotiator Conference – Session focus: Brand and building value into your business.



Estate agency's micro-flat marketing slammed online

A tiny studio flat in Brighton is being marketed for £160,000 and advertised as being close to schools, although there is no space for children.

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INDUSTRY REACTION: Shock rise in CPI inflation

Agents react as Office for National Statistics reveals inflation hit 2.3% in October ending hopes of another base rate cut in December.

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