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NEWS ARCHIVES
Rishi Sunak faces major Tory rebellion if leaseholds ban does not apply to flats
A bill to phase out some leaseholds in England and Wales will be included in the King’s Speech tomorrow
Estate agency forced to cut staff to cope with downturn
The company is to axe 25% of its staff in an apparent effort to reduce costs
The likely impact of a new Leasehold Bill
The government has stated its commitment to leasehold reform for several years
Comings & Goings
Snippets of industry news: New estate agency director promoted at Spicerhaart; Another Savills heavyweight joins Blue Book Agency; Agency support business sold to fast-expanding firm
RICS prediction gloomiest since start of pandemic
Housing supply is likely to fall compounding the problems already being faced by many of those looking to get a first step on the property ladder or move into the rental market
Housebuilder unveils major rebrand following acquisition
The newly enlarged business eyes growth with a view to tripling its revenue to £350m
Law Society consulting on new rules for signing and exchanging property contracts
The society says the draft code “aims to remove the uncertainty” around exchanging contracts for commercial and residential property
Number of landlords increasing rents grows amid higher mortgage rates
Almost three quarters of landlords said that keeping rents in line with their local rental market was an influential or very influential factor in their decision to increase rental prices
Council to crack down on rogue landlords and agents renting out hazardous properties
More than 10,000 privately rented homes in Brent have at least one ‘category 1’ health hazard, according to estimates by Brent Council