BTL landlords ‘faced with further regulatory pressure’ flee the market
There has been a significant increase in the number of landlords selling properties, new research shows.
Marc da Silva
Rogue landlord ordered to pay £60k for ‘atrocious’ rental conditions
An unscrupulous landlord who left his tenants living in rodent infested conditions has been hit with a hefty fine.
New software tool to help agents meet material information rules
Teal says it has spent the last couple of years looking specifically at the challenge of getting hold of digital conveyancing data earlier in the process.
Further letting regulations needed, but not if it alienates agents
New regulations are needed to help improve the lettings industry, but this must not come at the cost of alienating landlords and letting agents, according to PayProp.
Private equity firms target dealmaking opportunities in estate agency sector
Private equity firms provide agency owners with ‘pretty effective routes to exit’ the sector, according to Jon Cook, CEO of nurtur.group, formerly epropservices.
Industry big hitter Jon Notley rejoins Connells Group as commercial director
Jon Notley, who oversaw the integration of the Countrywide business last year, has been appointed commercial director of Connells Group.
Homebuyers left vulnerable as new road schemes hidden from searches
Index West Midlands says many councils are categorising new road schemes as planning permissions for ‘Private Bodies’, which means they are invisible to standard homebuyer searches.
Deadline for temporary Right to Rent rules extended again
Updated advice for landlords and agents carrying out Right to Rent checks.
Real estate consultancy eyes growth after landing major funding deal
The firm has secured funding to enable the consultancy’s continued expansion across the UK, and to allow the company’s old shareholders bought-out in 2018 to fully exit the business.
More than half of renters have no contents insurance
Letting agents are being urged to do more to stop renters taking major risks when it comes to protecting their own belongings.
Landmark Information Group to cater for the Scottish property market
Landmark Scotland business division will be working closely with estate agents and solicitors across the country to develop the reach of the business.
Close of entry deadline for regional property awards is fast approaching
The award winners will be announced at a black tie gala event in April.
Online agency to be sold after financial problems exposed
The agency is understood to be in the process of being sold to a major estate agency,
Lawyers warn the estate agency industry of ‘major culture changes to come’
The potential for wasted time, money and emotional cost has been a flaw in the transaction system since inception, according to property lawyers at Irwin Mitchell.
OnTheMarket joins forces with Kremer Signs
Agents signed up to OnTheMarket will now receive 15 Smartboards per branch for free, as well as other potential benefits.
What does landmark court ruling mean for agents?
Robert Bolwell, senior partner at Dutton Gregory, will be answering letting agents' questions on the implications of the landmark ruling in a CPD-certified webinar.
Comings & Goings
Snippets of property industry news: Knight Frank appoints new head of lettings; Belvoir Birmingham relocates to new office; Sprift promotes Amy Shields to sales director
Fall in housing supply sees ‘transaction activity start to ease back’
The lack of property stock is constraining activity while pushing up prices.
New rules will contribute to ‘raising standards within the industry’
Paul Offley, compliance officer at The Guild, says he has long been “a champion of raising standards within the industry” and new rules will “really start to make a difference”.
Renters struggle as supply drops and demand soars
There is growing concern as data shows the proportion of landlords planning to reduce the number of homes they let outstrips the proportion planning to purchase properties to let.