Transactions falling | Housebuilder class action | Burnham land tax overhaul




Property market suffers second month of falling deal numbers

The latest transactions data from HMRC reveals a 2% drop in May following a 3% fall in April.


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BLOG: Section 8 after Section 21 - the grounds, the evidence, the pitfalls

Mustafa Sidki, Real Estate Litigation Partner at Thackray Williams, explains how to regain possession under a Sector 8 following the introduction of the Renters Rights Act.


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New interest-free loan scheme for first-time buyers set up

Scottish Housing Secretary Shirley-Anne Somerville says the First Homes Fund will offer first-time buyers £10,000 towards a deposit.


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Major housebuilders face £4.5bn class action

More than 700,000 new-build buyers could be eligible for compensation under a class action alleging anti-competitive behaviour.


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Average agent commission per day revealed

Adam Day, of EXP UK, says agents earn just over £30 a day for progressing each property transaction.


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Landlord income up 23% but arrears are significant

Managing risk and the right portfolio structures are vital in keeping rental properties profitable, says LegalforLandlords’ Sim Sekhon.


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Latest licensing costs for landlords revealed 

The National Residential Landlords Association has published the latest licensing costs, ranging from £750 to more than £2,100.


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Simplify Right to Rent guidance, urges Propertymark

Agents need clearer guidance and practical tools to help them comply with Right to Rent rules.


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Tom Smith leads lettings launch for The House Group

Experienced local lettings professional, Tom Smith, has been appointed by The House Group to runs its new dedicated lettings service.


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Burnham explores major overhaul of property taxes

Replacing Council Tax and Stamp Duty would put fairness back into property taxation, claims tax reform group.

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Midlands council carries out citywide HMO raids

Council officers, police and immigration officials are all working together to locate Coventry’s unlicensed HMOs.

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Reapit partners with Just Move In to simplify home move admin

This new partnership aims to help agents reduce home move stress for tenants and buyers while creating new revenue opportunities.

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