Landlord ordered to pay tenants more than £140,000 in compensation
A special investigation found the landlord was “dismissive” of tenants and found “severe maladministration”
News Archive
PM ‘steps in’ to fix London housing crisis but mayor calls him ‘desperate’
The mayor of London has accused of Rishi Sunak of talking “desperate nonsense” after the prime minister took a swipe at Sadiq Khan’s record when it comes to housing
Rightmove warns it could take decades to retrofit without greater incentives
New data shows that if green improvements carry on at the same rate, it would take 43 years for 100% of the houses that are currently for sale across Great Britain to reach an EPC rating of A-C
House prices set to fall 5% this year as buyer demand plummets, Zoopla says
Higher mortgage rates have reduced buyer demand by 18% in the last two months alone, new data shows
Foxtons see profits rise on higher rents as sales market remains challenging
Looking ahead, despite the uncertainty in the sales market, Foxtons says it is well positioned for the rest of the year
Average house price 8.4 times higher than typical income, says ONS
House prices relative to earnings may have improved marginally in England, but they remain far above five times the median income, the official threshold for whether a home is affordable
Will artificial intelligence replace estate agents?
Estate agents give their views on artificial intelligence and its potential impact on estate agency, as well as discuss well-being in the workplace
Why don’t domestic property brands gain traction globally?
From Foxtons to Purplebricks, why have so many well-known businesses failed abroad? Lee O’Brien, UK MD of iad, which has just launched in the UK, offers his views
Comings & Goings
Snippets of industry news: Savills names new head of lettings; Emma Munday joins Harding Green; Hartnell Taylor Cook appoints new director
Estate agents urged to comment on reforms to anti-money laundering supervision
HM Treasury has launched a consultation setting out four possible models for AML supervision with potential implications for agents
Estate agents see upfront information as both an opportunity and a burden
Estate agents were asked how they felt about the upcoming changes
Is that a new record? Just over 2 hours from offer accepted to exchange of contracts
All in a day’s work for the property firm
Council pays landlord to halt a legal eviction amid lack of social housing
The agreement involves the landlord continuing to provide the accommodation, with the council taking over responsibility for the payment of the rent
How clean is clean enough at the end of a tenancy?
Most of the problems raised with TDS involve more than one issue, with cleaning and damage the most common areas of dispute
Alto reveals new ways for agents to keep track of its latest product developments
New updates and features are being released daily
Estate agents feel underpaid and seek big pay rise opportunities elsewhere
Aside from higher pay, most agents also want greater benefits and perks
Renters Reform Bill to cost letting agents millions, analysis shows
Let-only agencies will be concerned about potentially losing income because of the Renter’s Reform Bill
Well-known franchisee adds fourth estate agency to portfolio after completing acquisition
The estate agent became a franchisee in 2014
Nested expands into Scotland with ex-Keller Williams agent at the helm
The self-employed estate agency is growing rapidly since announcing its partnership model earlier this year
Purplebricks strengthens board with business restructuring specialist
The new owner of Purplebricks has appointed a restructuring specialist to its board of directors