Other News
House price forecast: what will happen to asking prices in 2024?
Motivated sellers are likely to have to price more competitively to secure a buyer next year
News
Law
Cyber-attack continues to leave home sales in limbo
Thousands of exchanges and completions have been severely delayed as conveyancing firms struggle to access necessary systems to progress transactions
Agency
One of Hunters’ flagship offices is under new ownership
New franchisees eye expansion after sealing deal
Compliance
Are you familiar with Material Information Parts B & C of NTSELAT guidance?
Webinar will offer a breakdown of what Parts B & C include, what estate agents need to do to stay compliant, what opportunities the new requirements bring and what support is available
Other News
Latest data reveals robust growth in the UK property auction market
Within the residential sector, positive momentum continued with a 5.7% increase in lots offered and a 6.4% rise in lots sold
Finance
Super-prime sales slowdown anticipated in London next year
The super-prime market is driven more than most by new-build completions
Acquisitions
NEWSFLASH: Disgruntled activist, Brett Stone, denied application for review of OnTheMarket/CoStar deal
Brett Stone does not have standing within the Committee's Rules of Procedure to request that the Committee be convened
Acquisitions
Expanding estate agency completes purchase of rival firm
The acquisition marks the latest stage of the estate agency’s expansion strategy which aims to double its turnover and property portfolio within five years
Other News
‘Sellers are more open to negotiation’ as property transactions plunge
The latest transactions data, a good test of housing market strength, shows deals down 17% year-on-year
Other News
What is happening in the UK property market?
This week, Chris Watkin is joined by special guest Iain White to talk about the current state of play in the UK housing sector
Compliance
Material Information webinar to help agents comply with NTSELAT’s new guidance
A webinar for agents with NTSELAT will take place this morning
Compliance
Material Information: Time for a collective approach
Tony Hill, commercial director at ASAP, believes change must come from within when it comes to addressing the National Trading Standards guidance
Lettings
Renters face ‘a desperate situation’ as tax system deters BTL landlords
Research shows that removing the 3% stamp duty levy on the purchase of additional homes would see almost 900,000 new private rented homes made available across the UK over the next 10 years
Law
Q&A webinar to help agents prepare for changes to disclosure of Material Information
The webinar will offer detailed insights into the new requirements and where to source the necessary information
Lettings
Monthly UK rents fall, but are up 9% year-on-year
The average UK tenant can now expect to pay £1,279pcm for their rent, a staggering £221 more every month than what the post-Covid rental market offered in December 2021
Charity
The Fine & Country Foundation selects 23 charities to receive funding
Jon Cooke, trustee of the Fine & Country Foundation, expressed gratitude for the collaborative efforts within the Fine & Country network over the past year
Compliance
EYE NEWSFLASH: Trading Standards publishes Material Information guidance
Parts B & C of the Material Information that agents should use to inform prospective home purchasers
Law
Bill to ban leaseholds fails to ban leaseholds after government error
It is hard to believe that just 72 hours after the government introduced the long-awaited Leasehold & Freehold Bill into parliament it has emerged that it is missing the Leasehold House ban
Agency
Latest Rightmove development has ‘significant implications for estate agents’
The property portal revealed its strategic expansion this week with key ambitions
People
Comings & Goings
Snippets of industry news: Ex-Countrywide boss Alison Platt lands major new role; LRG poaches new group financial services MD from Alexander Hall; Iamproperty appoints new chair