Compliance
High-profile money laundering case exposes ‘huge gaps’ in AML
There could be major flaws in protection against money laundering within the property market.
News
Other News
How much longer can the housing market defy the Covid-19 gloom?
UK house prices are up 7.3% year-on-year, according to Halifax.
People
Comings and goings
Charlie Ardern joins Cluttons; Appointments at Ipswich BS; Dales & Peaks branch opens
Lettings
What impact has the coronavirus pandemic had on BTL landlords?
BTL landlords are facing an uncertain future.
Acquisitions
Belvoir completes milestone acquisition
Belvoir franchisee completes on purchase of the group’s 100th independent agency.
Agency
Savills revises five-year prime rental forecasts
Thee is growing demand for homes with quality living and leisure space.
Finance
Scottish government urged to unify LBTT with stamp duty in England
Land and Buildings Transaction Tax (LBTT) returns were up 1.2% in 2019/20.
Finance
PM’s 95% LTV lending proposal is welcomed by NAEA
Boris Johnson has pledged to create 2m more owner-occupiers through low-deposit mortgages.
Law
Watch: Campaigner pushes for evictions after two weeks’ rent arrears
Property investor says the existing evictions process “is not fit for purpose”.
Politics
Homebuyer demand hits pre-Covid level amid stamp duty cut
Current buyer demand levels are at their highest since the start of last year.
Politics
Government will struggle to meet housebuilding target
Covid-19 and Brexit are ‘reducing the incentive on developers to build in the short term’
Lettings
Rental voids steady as rents drop marginally
Agents are feeling more optimistic about the letting sector.
Compliance
Suppliers can help agents comply with mandatory electrical safety checks
The electrical safety regulations will be extended to cover all tenancies from 1 April 2021
Politics
Plans to build 15,000 new homes in Solihull
New homes are desperately needed to meet growing demand in Solihull.
Tech
Lifetime Legal adopts SearchFlow’s Continuity Property Solution
Lifetime Legal will now provide its panel with an alternative to traditional search packs.
Law
Petition launched to allow evictions after two weeks’ rent arrears
Property guru says not paying rent is “theft” with the landlord being the victim.
Acquisitions
Yorkshire agency snaps up local independent
One of the largest independent agencies in the north of England has made another acquisition
Other News
Instructions still at high level but fall-throughs increasing – BYM index
It has now been over 18 weeks since new listings dropped below 50,000 per week.