Sales agreed remains high as withdrawals and fall-throughs drop
New properties coming to market last week saw a comparative decrease on the previous week.
Marc da Silva
Benefits cap leaves almost 500,000 renters struggling to pay rent
More than a million employees are at risk of redundancy and a quarter of them are private tenants, it is claimed.
ESTAS and Agents Together join forces
The new alliance will mean that all ESTAS customers will easily be able to access the initiatives offered by the Agents Together Foundation.
New lockdown rules on buying, selling, moving home, and tradespeople
All non-essential retail has been ordered to close for a month.
Letting agents and landlords must carry out regular inspections under new rules
The licensing and registration scheme Rent Smart Wales marks its fifth anniversary this month.
Mortgage payment holidays extended for up to six months
Some 1.6 million households are concerned about paying their mortgage over the next three months, research shows.
Furlough scheme extension ‘may well come too late to save jobs’
The chancellor has postponed the job support scheme for at least a month.
Comings and Goings
Savills adds to Southampton team; Winkworth opens new office; Mint Bridging makes several new appoints.
Relief for agents in London as congestion charge will not be expanded
There were concerns that the congestion charge would be expanded to north and south circular.
England’s new Covid-19 lockdown may last beyond 2 December
The government could extend national lockdown if data shows the infection rate has not fallen enough.
New Property Ombudsman, Rebecca Marsh, talks exclusively to Property Industry Eye
Marsh reflects on the challenges in the sector, “both those now and those coming down the line”.
HMRC: Stamp duty receipts up 1%
Residential transactions decreased by 1% from 1,036,000 to 1,023,000 between 2018 to 2019 and 2019 to 2020.
Fewer agents saw rents increase in September
The number of rental properties available per letting agent branch fell in September.
Rogue letting agents ordered to pay close to £100,000 in compensation
The dodgy agents were each sentenced to 28 months behind bars for their parts in the fraud.
Tax expert says ‘it is critical that the government reviews this stamp duty holiday’
The loss of 325,000 sales would cost the UK economy in the region of £4bn.
Mortgage approvals hit 13-year high as UK housing market booms
Mortgage approvals have shot up to their highest rate since September 2007.
Homebuyers will miss stamp duty deadline due to ‘significant delays’ – warning
Research shows that it is currently taking up to 42-days to return local searches on properties.
Dear chancellor… the letter requesting a stamp duty extension of six months
Industry figureheads pen joint letter calling on Rishi Sunak to extend the stamp duty holiday beyond 31 March.
Katrine Sporle, The Property Ombudsman, is looking forward to ‘well-earned retirement’
Rebecca Marsh will take up the role of Ombudsman at TPO on Monday.
Buyers urged to act fast due to stamp duty holiday
To benefit from stamp duty homeowners are encouraged to start their search this weekend.