Increase in fines reflects ‘far tougher landscape’ estate agents are facing
The average AML fine issued to estate agents for non-compliance has risen over the past year
Marc da Silva
The 2023 EA Masters Innovation Awards launched and open for entries
Entries are now open for suppliers to nominate themselves or be nominated by their customers
OTM says sentiment remains remarkably stable despite market slowdown
The house-buying public appears reassuringly resolute when it comes to their home moves
Buyers prepared to sue vendors who fails to declare Japanese knotweed
In legal cases, experts can usually determine approximately how long knotweed has been present in the ground, making it difficult for sellers to claim ignorance
Reviews site allAgents names the ‘best individuals working in estate agency’
Cream of the crop announced by allAgents in latest awards
House prices could plunge by up to 25%, warns thinktank
Are we facing a 1990s-style slump in the housing market? Thinktank says house prices could fall sharply in biggest hit to UK’s wealth ‘since war’
Global estate agency opens in the UK after completing acquisition
The UK is said to be an important part of the firm’s expansion plans with other major territories to be announced soon
Comings & Goings
Snippets of industry news: Ex-Savills boss launches new estate agency; Simon Gates appointed as a NED of The FIA; Crest Nicholson's finance director to resign
New lettings law firm launched by well-known industry suppliers
Legal for Lettings, the brainchild of Homelet, Let Alliance, and Rent4sure, provides legal support services for landlords, managing agents, and insurers
Conveyancers commit to creating digital logbooks at completion
RLBA says 15 conveyancers are now creating logbooks at completion as part of new scheme, with more due to sign up
New law will require landlords to get a licence to rent in Brent
Private landlords operating in the local area will legally be required to have a licence from the start of next month
RICS launch consultation in bid to revolutionise residential retrofitting practices
UK homes are not as energy efficient as they could or should be, says RICS
Zoopla says latest marketing campaign has delivered a sharp rise in vendor leads
The property portal says it is focussing all its efforts to drive maximum return on investment for agents
Property industry reacts to Rightmove House Price Index
The housing market is now 'as price sensitive as its been since before the pandemic'
UK house prices continue to fall as interest rate rises bite
The interest-rate brakes being applied more strongly to slow the economy are now beginning to bite in the housing market
Rental market faces new ‘challenges’ as more landlords demand guarantors
The supply-demand problem means rents are rising at a time when tenants have less disposable income thanks to the cost of living crisis
Buyers and sellers must accept ‘era of historically low interest rates is over’
Well-known estate agent says people need to “adjust to the new normal”
BTL landlords plan to sell up as investors continue ‘trimming their portfolios’
It is certainly the case that some BTL landlords are selling up
A new generation of pension-age renters looms
As younger generations who missed out on the homeownership boom age, growing numbers are likely to be renting when they retire
Building on green belt is key to solving the housing crisis, says Lisa Nandy
The Labour MP points out that housebuilding is forecast to fall to its lowest level since the Second World War