Acceleration in rent and mortgage spending highlights ongoing volatility
Spending on rent and mortgages increased in September
Marc da Silva
BTL landlord fined for unlicensed HMO
Since the new licensing scheme was introduced in June last year, the council has issued 555 licences for HMOs
Rachel Reeves will not raise capital gains tax on second homes
The chancellor is expected to leave the rate of capital gains tax on the sale of second homes and buy-to-let properties untouched
Property industry reacts to latest UK house price data
Property price figures show an enduring strength from the UK housing market
Tribunal system unequipped to handle Renters’ Rights Bill – claim
There is growing concern about the unintended consequences if landlords lack confidence in the court and tribunal system to handle rent appeals and evictions quickly and fairly
Property industry urges government to back UPRN adoption
Open letter to the housing minister calls on the government to take decisive action to adopt and implement UPRN across the housing market
UK rents continue to rise as landlords flee buy-to-let sector
Landlords are leaving the sector in response to concerns about increasing tax and regulatory issues, says agency boss
Alto begins roll-out of new reporting functionality
The new reporting functionality can be downloaded in a range of formats
Buyers and renters continue to ‘suffer from a long-standing absence of available stock’
The housing shortage within both the sales and rental sectors continues to impact sales values and rental prices across many regions
Established Fine & Country operation expands territory
Fine & Country Wirral’s expansion marks a significant milestone
Housing Ombudsman highlights over 100 damp and mould cases
Ombudsman urges landlords to learn from report; 20 local authorities named
EYE NEWSFLASH: OnTheMarket Software, formerly teclet, to cease operations
OnTheMarket issues an important business update
Estate agency completes second acquisition of the year
The estate agency will continue to trade under the same name
Hopes of a double interest rate cut before Christmas boosted as inflation falls to 1.7%
UK inflation fell to 1.7% in the year to September; Financial markets are pricing in an interest rate cut at the next Bank of England meeting
Comings & Goings
Snippets of industry news: Cluttons poaches Knight Frank star to lead agency business; Winkworth names replacement as company secretary leaves; Employees invest in agency
End of the mortgage price war? Another major lender increases rates
Major UK lenders have recently increased their mortgage rates, signalling the end of the mortgage price war that had seen rates falling for months
Estate agency boss says government’s ‘over-messaging of gloom’ is stifling growth
Estate agency urges the chancellor not to slam the brakes on growth
PropTech and agency launch 9% lettings management service
Some 30,000 landlords and property investors now use the firm's platform to manage close to £2bn of UK rented property
£550m investment secured to build tens of thousands of new homes
The government is keen to unlock investment to deliver on its aims to build 1.5 million new homes over the next five years
Rents hit another record high as landlords brace for potential tax changes
The supply-demand imbalance continues to narrow year-on-year, but letting agents are still very busy with high numbers of tenants looking to move