Agency
LFS launches ‘contract ready’ pilot with Ryder & Dutton
Hark back to HIPs as agents encourage sellers to make an early start on the conveyancing process
News
Agency
‘This cannot continue’ – major shareholder castigates the Countrywide board and makes letter public
Major shareholder makes public extraordinary condemnation of the failures at Countrywide in recent years
Agency
Revealed – The cities where your industry needs you the most
If you are looking for a job in the property industry, these are the cities with vacancies
Compliance
Mayfair solicitor suspended after ignoring money-laundering risk in property sales
Solicitor is suspended by Tribunal after it found she failed to put in place money laundering safeguards
Lettings
Agency network backs calls for hardship loans to help tenants struggling to pay rent
Government urged to emulate Welsh Tenant Saver Loan Scheme in England
Finance
Land Registry House Price Index returns from furlough to show growth is slowing
Land Registry reveals the state of the market pre-lockdown
People
Comings and goings
Women in Property expands; Let Leeds rebrands; New appointment at John D Wood & Co
Compliance
Guild of Property Professionals updates lone working policy
Incidents are rare but agents need to be aware
Training
Charlie becomes first ever qualified Junior Estate Agent
Propertymark delivers first apprenticeship end-point-assessment
Finance
Bank reiterates ‘sell’ rating on Rightmove shares
Target price of Rightmove shares lifted from 385p to 400p
Compliance
Suspected wrongdoing at holding company means other solicitor firms must close
Solicitors Regulation Authority rules mean disaster for several solicitor practices
Agency
Busiest July in five years – Chestertons
Shortage of sales stock in London may be about to change as agent reports 70% hike in appraisals
Politics
Coronavirus Job Retention Scheme changes from September 1st
From September, CJRS payments reduce to 70% of usual wages
Other News
How long would it take Villanelle to buy her home?
A tongue in cheek look at how long TV characters might take to buy their on-screen homes
Lettings
Completed rentals in July up by 30% year on year – DJ Alexander
Virtual viewings underpin company's success coming out of lockdown
Compliance
Revealed: Purplebricks was fined £266,793 for breaching anti-money laundering rules
AML breaches are failures in having the correct policies, controls and procedures, conducting due diligence and timing of verification.
People
Purplebricks’ CEO and CFO receive millions of pounds in shares
Directors awarded shares under company reward scheme
Finance
Borrowers now looking for certainty in their monthly outgoings – LMS
Borrowers look to lock in longer term deals while interest rates are at all-time lows
Agency
Regional agent conducting 200 viewings per day since property market reopened
Stamp Duty holiday has boosted buyer activity