Lettings
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
News
Compliance
New best practice guide for electrical safety standards in the PRS
The guidance is aimed at electricians, letting agents, landlords and tenants in understanding what inspection and testing is required in the private rented sector and how to produce a detailed report
Acquisitions
High profile agency secures another acquisition
The estate agency's latest purchase brings their total number of branches to nine
Agency
Estate agents told to adapt strategy and prepare for ‘higher for longer’ interest rates
The Bank of England's decision to freeze interest rates yesterday means estate agents need to amend their strategy as the era of near-zero interest rates is over
Agency
Overwhelming support from estate agents for new Material Information rules
The vast majority of estate agents support Parts B and C of the Material Information Rules, but more guidance needed
Law
Judicial Review backs government’s ambition to implement rent controls
Propertymark says is hugely disappointed and concerned at yesterday’s outcome from the Judicial Review regarding rent controls
Agency
New PropTech partnership to offer agents enhanced client accounting service
The integration of the banking and client accounting platform is sure to appeal to agents
Agency
What is happening in the UK property market this week?
In this week's UK Property Market show, Chris Watkin and his special guest Verona Frankish, head of YOPA, talk about the current state of play in the housing market
Finance
Home ownership unaffordable despite 95% mortgage, analysis reveals
It is clear from our analysis that people trying to buy on their own on the average salary are likely to be priced out of the majority of homes without significant financial help from elsewhere
Tech
Goodlord to unveil key updates in keynote announcement
Goodlord, which raised £27m in funding last year, has been using those funds to invest in its platform and build out new products
Charity
Agents raise £9,400 for industry charity
More than 7,300 miles cycled as part of The Great British Property cycle challenge
Other News
Property industry reacts to latest UK house price data
House price growth returns to positive figures
Agency
If Rightmove is the devil, why have so few agents banished it?
Why can't estate agents do without Rightmove?
Politics
An anticipated cut to inheritance tax would be welcome, says estate agency
The chancellor Jeremy Hunt is said to be considering introducing an inheritance tax reduction in the Autumn Statement
Finance
BTL landlords earned £48.8bn from property
Buy-to-let remains profitable for many investors despite a raft of tax changes introduced in recent yeas that have increased the tax liabilities of individual landlords who rent out residential property
Finance
Bank of England set to keep UK interest rates on hold
The Monetary Policy Committee is expected to vote in favour of not increasing rates today
Tech
TwentyEA updates key tool with market insights
The new Insight 2.0 gives agents access to more market intelligence updated in real-time
Law
Draft regulations risk creating a two-tier system for HMO licensing enforcement, says CIEH
CIEH backs legal challenge to draft regulations exempting asylum seeker accommodation from HMO licensing requirements
Lettings
Rents reach new record high
Renters are being priced out of the market across many parts of the country
Law
MPs launch probe into increasing delays in county court
Landlords face widespread delays in the courts when seeking to regain possession of their properties and this is creating a major crisis in the industry