Alarming data shows estate agents have not reviewed AML policies despite stricter “eye-watering” penalties
A number of property firms are falling short on monitoring existing clients, experts warn.
Marc da Silva
Law firm says homeowners are spending too much when renewing their leases
Lawyer says that many homeowners are not aware that there is a cheaper way of extending a lease extension.
Smartphones not always a smart choice for estate agents – claim
A smartphone allows agents to ensure they have a home listed online in a very short period of time. But this IT specialist is concerned.
More property investors turn to bridging finance as rates fall
There has been an increase in the number of property investors turning to less conventional forms of finance in order to complete acquisitions, as bridging rates continue to fall to historical lows.
Housing supply at highest level in a year
Property buyers and sellers undeterred by political and economic uncertainty.
Bank of England accused of “self-interested policy making” that could damage UK housing market
Bank of England’s ‘irresponsible and unnecessary’ rate hike set to slow housing market, says housing commentator.
Property recruitment firm hits 10 year milestone
Josh Rayner and his team celebrated their success with a party on the Thames.
Tenants frustrated by lack of communication from letting agents
Research shows that tenants still favour the phone for contacting letting agents.
London Square’s ‘diverse strategy’ helps deliver stellar annual results
London Square has expanded its existing platform to offer an entire eco-system of tenures - including a private for sale arm.
New data underlines strength in BTR sector
With 38,000 Build-to-Rent homes built in the last year - equating to an annual investment of £4.7bn – the BTR market is maturing.
Purplebricks to hold AGM amid pressure from activist shareholder
Purplebricks is under pressure from a serious downturn in instruction levels and an activist investor who is vocally calling for its chairman, Paul Pindar, to be removed.
Homes Under the Hammer’s Martin Roberts to host allAgents Awards after major health scare
Homes Under the Hammer’s Martin Roberts was rushed to hospital with ‘hours to live’.
Rogue landlord banned from letting property
A buy-to-let landlord has been banned from renting out a property in England after he repeatedly broke housing laws.
Comings & Goings
Snippets of property industry news: Knight Frank appoints lettings head; Arthur Kotliarovas joins Harding Green; New director and hire for Barnsdales
Prime house price five-year forecast revised
The long-awaited bounce in values in prime central London has been pushed out to 2023.
Less than 4% of homeowners have signed up to property fraud alert service
Fraud is a huge problem in the UK property market.
Planning applications drop sharply despite growing housing shortage
The number of planning applications received by councils in England fell significantly in the first quarter of this year compared with the corresponding period in 2021.
Tenants will no longer accept poor quality HMOs
Houses in Multiple Occupation (HMO) are moving up the value chain as tenants demand better amenities, new research shows.
Estate agents reach new heights
A team from Spicerhaart have raised a staggering amount for charity.
Letting agent pleads guilty to fraud, awaits sentencing
A letting agent, who left landlords more than £80,000 out of pocket, has pleaded guilty to fraud.