LSL share price increases following positive trading update
All three divisions – financial services, surveying and estate agency – have reported growth in underlying operating profits.
NEWS ARCHIVES
Think tank calls for stamp duty to be scrapped
Think tank calls for the tax to be abolished altogether.
Around a third of properties for sale now feature video content
Some agents report that virtual viewings are helping them cut down on wasted in-person viewings.
Up to 300,000 transactions set to benefit from stamp duty extension
If an additional 300,000 transactions made it through, buyers could save around £1.75bn in total.
Agents are more concerned about stamp duty than Covid-19 claims report
A survey of over 600 property professionals revealed anxiety around an increased number of broken chains and fall-throughs this year.
Nathan Emerson becomes interim CEO of Propertymark
The Board of Propertymark has asked Nathan Emerson to assume the role of interim CEO with immediate effect.
Stamp duty holiday to be extended – but will it create another cliff edge?
The chancellor will introduce a three-month extension, bringing the deadline into line with the easing of lockdown, to prevent thousands of property sales from falling through, the Times has reported.
Connells Group announces ‘resilient’ full year results
Estate agency and property services provider Connells Group today announces its results for the year ended 31 December 2020.
A short stamp duty holiday extension will only ‘kick the can down the road’
A three-month stamp duty holiday extension may not be enough – Adrian Jaggard, of Taylor Rose MW, warns that the current volume of transactions has left the sector at breaking point.
Hundreds of letting agents could face fines of up to £30,000
Almost 100 letting agents have so far been warned that they are failing to comply with client money protection (CMP) regulations, and many more firms will be contacted over the next few weeks.