Acquisitions
Fast-growing estate agency group completes acquisition
Strategic purchase sees the agency expand into new territory
News
Agency
Why do estate agents think they can go self-employed and be a success?
Agents offer their views on the ‘new’ model of estate agency that has got the industry buzzing
Acquisitions
Ex-OnTheMarket CEO Ian Springett bags £1.4m after selling shares in firm
Onthemarket shares soared 53% in a single day last week after the UK property portal was purchased by American commercial property giant Costar in a £100m deal
Law
Huge US realty commissions under threat from class action against NAR
"Realtors may own the U.S. Congress, but perhaps independent courts won’t be so intimidated."
Lettings
Michael Gove tells landlords that a healthy PRS is ‘critical’ to housing market
The housing secretary reiterated the importance of ensuring courts process legitimate possession cases more swiftly before section 21 ends
Agency
OnTheMarket agrees deal to help agents promote listings on social media
Jason Tebb, CEO of OnTheMarket, says estate agents should not underestimate the importance of social media as home movers increasingly rely on conducting their property searches online
Law
Property lawyer says delay to Section 21 eviction ban ‘practical and sensible’
The Court system is already buckling under the weight of possession claims and would be unable to withstand the pressure of further contested claims, says legal expert
Other News
Government announces support for homes in flood-hit areas
Thousands of pounds of government funding to help communities recover from the impact of Storm Babet
Acquisitions
Fast-growing property management firm acquires lettings business
The group has added 100-plus units to its portfolio as a result of the deal
Law
Landlords warned over ‘bankruptcy’ threat from Renters (Reform) Bill
The focus on ending 'no fault' evictions has overshadowed the threat of "devastating" fines, says Landlord Licensing & Defence
Finance
London landlords turning to the north for investment – report
Buy-to-let landlords based in the capital are increasingly seeking more lucrative investment opportunities further afield
Acquisitions
New property management software solution launched onto UK market
US-based Chime Technologies unveils "plug-and-play" offering following acquisition of Rentancy Ltd in 2022
Agency
Agency network adds eight new members to its books
The organisation’s CEO welcomes businesses from across the UK to the fold
Agency
High number of landlords mull business model switch
Research reveals many managing their own properties would consider switching to a letting agency
Finance
Can the yield from an HMO justify the cost of conversion?
Researchers have crunched the numbers in an effort to find the answer
Agency
Scottish agent calls for fairness amid stamp duty speculation
Any “politically motivated” cut should be replicated north of the border, insists DJ Alexander
Politics
Social housing figures reveal extent of private provider involvement
RSH has published its annual social housing sector stock and rents statistics
Law
Section 21 evictions ban to be indefinitely delayed until court reforms
Labour accused the government of kicking the much-delayed proposals to scrap Section 21 evictions into the "long grass"
Finance
Property firm formally enters liquidation
The company, which recently went into administration, owes debts of more than £300m which is set to go unpaid
Finance
Agency loses £4.8m VAT case
Based on the High Court decision, HMRC made assessments for unpaid VAT for £4.8m for the period February 2015 to January 2019