Agency
Spicerhaart recognise top performers at glitzy awards ceremony
Awards were achieved within seven brands – haart, Chewton Rose, Darlows, Felicity J Lord, butters john bee, Haybrook and Howards
News
Finance
Investors told to manage expectations when it comes to interest rate cuts
A senior Bank of England official, who voted to hold borrowing costs at 5.25% last week, said investors had become “complacent” about the prospect of falling interest rates
Finance
Renting now cheaper than owning a first home in nearly all UK regions – Halifax
There is still much work that needs to be done to make housing more affordable across the entire UK
Law
Ground rent reform clarity urgently needed
We are still awaiting the outcome of the Ground Rent Consultation
Finance
Rightmove – transaction in own shares
Since announcing a share buy-back programme on 28 December 2007, Rightmove has purchased in aggregate 508,724,461 ordinary shares
Agency
The best agents in the UK? And the winners are…
Here is the full list of Regional Awards and Special Award winners
Acquisitions
Well-established agency continues expansion with new acquisition
Agency describes purchase as the 'perfect fit' for its business
Law
Material information included in new property form
A new TA6 Property Information Form that supports National Trading Standards material information guidance has been released by the Law Society of England and Wales
Compliance
Major property industry training provider faces £200,000 fine
The fine covers a series of breaches of Ofqual’s Conditions of Recognition over two time periods, during 2018 to 2019 and 2022 to 2023
Compliance
Agents prosecuted for breaching licensing rules
Two agencies and a director who broke licensing laws have been prosecuted
Agency
Agency expelled from TPO following failure to comply with award
This expulsion comes as a result of the agency's negligence in resolving a complaint filed by a landlord, where several breaches of best practice were identified
Training
Industry trainer vows to help agents boost revenue, profits, and leads
The event is designed to help agents create more revenue, increase profit margins, and build a system for generating consistent daily leads
Finance
Rumoured government U-turn on ground rents ‘a victory for common sense’
There are concerns that the government's plans could wipe out between £15bn and £40bn of investment, effecting pensions and others
Agency
Belvoir crowns its franchise of the year
The awards were presented by franchise director Ian Maclean and ex-CEO Dorian Gonsalves
Politics
UK housing is ‘worst value for money’ of any advanced economy – thinktank
Britain’s housing crisis is decades in the making, with successive governments failing to build enough new homes and modernise existing stock
Law
Government set to cave in to lobbying groups by going soft on leasehold reform, says ‘disappointed’ NLC
The government has been accused of potentially going soft on leasehold reform
Agency
Daniel Daggers, star of Netflix’s UK Selling Sunset-style show, slams estate agents in trailer
Estate agent Daniel Daggers, who claims to have sold over £5bn worth of property, says he plans to 'revolutionise the industry'. Watch the trailer
Acquisitions
Long-standing franchisee completes acquisition
Well-established agency has now closed following completion of transaction
People
Comings & Goings
Snippets of industry news: Former RICS president joins property consultancy; Bywater Properties appoints new head of Living; Langham Estate promotes Malcom Pugh to CEO following £340m sale
Law
Tories accused of ditching manifesto pledge to scrap ground rents
Michael Gove is losing his battle to reform existing leaseholds, Sunday Times reports