Agency purchases letting portfolio from liquidated rival
Managing director of the agency says he could not turn down the opportunity to grow his company’s portfolio by acquiring the letting rights to a number of properties from the liquidator
NEWS ARCHIVES
Who would choose to become an estate agent if they really knew what they were getting in to?
Ben Madden of Fine & Country says the estate industry is one of the most emotive, stressful and difficult sales industries to work in
‘Incentivising sellers with bribes is nothing new’, says CEO of Yopa
Yopa’s Verona Frankish points out that the practice of gazumping is one that is not only rife, ‘but completely above board’
OneDome offers unlimited free KYC and AML checks to estate agents
This initiative will provide agents with access to banking-grade compliance tools
Major group of Tory MPs call on chancellor to abolish downsizer stamp duty
MPs tell Jeremy Hunt that he should look to “free up” housing stock by abolishing the levy for buyers seeking to downsize
CMA probes biggest housebuilders over ‘anti-competitive behaviour’
Eight major housebuilders are being investigated for possible breaches of competition law
Comings & Goings
Snippets of industry news: House Partnership appoints regional partners; Harry Young following in the family footsteps; Cavendish Legal Group hires new relationship director
Just one estate agency* has signed up to ROE rules
A recent report found that 152,000 properties in England and Wales are currently held by overseas entities, though information about beneficial ownership is not available for 71% of them
Buy-to-let mortgage rates fall to lowest point since 2022
It is possible fixed rates will edge up slightly in the coming weeks due to volatile swap rates
BriefYourMarket integrates with Street.co.uk
The new agreement is designed to empower estate and letting agents