Propertymark to restructure as NAEA chief announces retirement
Long-serving Chief Executive of NAEA Property Mark Hayward is to retire at the end of this year. But his departure is to spark a major reorganisation of Propertymark with a single structure lead by a...
View ArticleHousing ministry confirms Leicester lockdown exempts house moves and estate...
The Ministry of Housing, Local Government and Communities (MHCLG) has confirmed that the health protection regulations published this afternoon to cover Leicester’s lockdown do not prevent home moves,...
View ArticleMeet the new ‘Mr Inventories’ as AIIC appoints new chair
The new acting head of the Association of Independent Inventory Clerks (AIIC) says he is the ideal person to lead the sector as it navigates ‘troublesome waters’. Daniel Evans is replacing the...
View ArticleLooming industry Code of Practice to tackle ‘dual fees’ problems
The first indications of what the much anticipated industry-wide Code of Practice will include has emerged during a TPO Forum meeting of industry leaders. The group met via Zoom late last week to...
View ArticleConveyancer struck off after helping criminal gangs launder drug cash
A solicitor jailed last year for helping criminals disguise their ill-gotten gains within 80 property transactions with the aim of money laundering has been struck off . Ross Ian McKay told the...
View ArticleLeading estate agencies banish ‘master bedroom’ from their listings
Two leading estate agencies have revealed over the weekend that they are to stop using the phrase ‘master bedroom’ in their property descriptions because of its sexist and slavery connotations. Both...
View ArticleClosing Haart branches is a ‘good idea’ claims former senior employee
The decision by Haart to both set up a remote-working ‘partnership network’ of estate agents but also close 24 branches has been hailed as a ‘good move’ by one recently-departed senior employee....
View ArticleGoodlord becomes first property firm to sign race equality charter
Goodlord has become the first property sector company to sign the Race Fairness Commitment (RFC). By pledging to the Charter, Goodlord commits to adopting new, data-driven measures to combat the...
View ArticleCost of renting rises in parts of country – despite tenant fees ban
The initial financial hurdle of securing a rental property has increased by as much as 24% in some parts of the national property market, according to rental deposit replacement scheme Ome. The study...
View ArticleDemand for country houses soars as escape from the city continues
Wealthy city dwellers desperate to ‘escape to the country’ in the aftermath of COVID-19 are continuing to push up demand and prices in rural areas. New research by Knight Frank shows that country...
View ArticleProperty prices set to rise in July and August, survey predicts
The property market remains buoyant after the lifting of the lockdown, with price rises in July and August set to be above last summer’s levels, according to a new survey. However, the report says the...
View ArticleLandlords hit back at claims they are queuing up to evict tenants
Landlords have hit back at claims by housing charity Shelter that they are queuing up to oust tenants when the Covid-19 eviction ban ends on 23 August. An estimated 227,000 adult private renters (3%)...
View ArticleSunak’s rumoured Stamp Duty giveaway welcomed by industry
Rumours that Chancellor Rishi Sunak is set to announce a stamp duty holiday in tomorrow’s mini-budget have set the property industry buzzing. The news that he is planning to lift the threshold for...
View ArticleLondon lettings bounce back as renters flee possible Covid-19 ‘second wave’
London’s rental market is continuing to bounce back from the lockdown, stoked by fears of a potential Covid ‘second wave’, according to letting agent Chestertons. Figures released for June show that...
View ArticleNew home sales experiencing a V-shaped recovery, according to new figures
New UK home sales are experiencing a V-shaped bounce, according to new figures from investment bank Goodbody. Sales levels have returned to 2019 levels in the latest period after collapsing by roughly...
View ArticleUnder-fire Haart unveils ‘New Deal’ as it launches partnership scheme
Estate agency Haart has responded to criticism of its decision to axe 24 branches by launching a ‘New Deal’ for estate agency. The firm has come under fire for the way it sacked probationary and some...
View ArticleYoung renters at risk of defaulting as furlough scheme comes to close
Young people from ‘Generation rent’ are especially vulnerable to losing income and potentially their jobs as the furlough scheme scales down – putting them and their landlords at risk. Polling for the...
View ArticleHouse prices fall for fourth month in a row, according to Halifax price index
House prices have fallen for the fourth straight month in a row – but new mortgage inquiries are surging, according to the latest Halifax House Price Index. The figures for the second quarter of 2020...
View ArticleExclusive Property Sales
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View ArticleChancellor confirms immediate stamp duty holiday – raising threshold to £500,000
Chancellor Rishi Sunak has confirmed the much-rumoured stamp duty holiday, raising the threshold from £125,000 to £500,000 until 31 March next year. Unveiling today’s mini-Budget, he said the changes...
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