Posts by EAN Breaking News
Rogue Estate Agent in Watford fined £70,000
More tidying up of the industry as we see another rogue estate agent gaining a £70,000 fine due to letting out dangerous properties even after his licence was withdrawn – Big punishments are needed in order to boot this out of the industry so this latest news will be well received from those professionals that…
Read MoreWill the Spring Statement include much for the property market? Chestertons thinks not.
The Spring Statement is now the government’s public response to the forecasts from the Office for Budget Responsibility, with the full Budget delivered in the autumn. Falling just two weeks before Brexit, this is one not to be missed. But will the Chancellor announce any changes for the property market? Given what is happening in…
Read MoreLoss after tax of £218.2 million – Countrywide PLC
Recently released figures for Countrywide PLC – Preliminary statement of annual results for the year ended 31 December 2018: Quote taken from official London Stock Exchange website: “2018 was a year of reset for the Group. Significant progress was made on the implementation of our “back to basics” principle in Sales and Lettings first announced in…
Read More40 New Homes to be built over North Dorset District Council’s offices
North Dorset District Council’s offices in Blandford will be demolished with 40 new affordable homes to be built – Plans have now been approved. Aster Group’s outline application for the redevelopment of the Nordon site received the green light by members of the council’s planning committee on Tuesday. Local senior councillors were pleased with the…
Read MoreScottish Borders Housing Association gain approval to build Oxton new homes
Scottish Borders Housing Association has now had the plans to build four new homes in Oxton approved despite having received objections from local residents. As part of the project there will be two new semi-detached properties on existing disused garages (where the nine objections were received with concerns that new builds will be too overlooking).…
Read MoreSouthside Housing Association get £30 million boost
Southside Housing Association have had a positive £30 million in injection via Handelsbanken plc which is to help them finance new build properties and a programme of housing improvements. “The Glasgow landlord will use the loan facility from the Swedish bank to support the finance of upgrades to existing properties and the building of more than 260 new homes, ranging…
Read MoreFormer Kildare County Councillor fraud case totalling €200,000
A fraud figure of €200,000 is the shocking headline here – Former Kildare councillor. Mark Dalton. who pleaded guilty last April to thieving from Kildare Housing Association has had his case adjourned once more. Judge Patrick Quinn pushed things back until March 26 for sentencing at Naas Circuit Court. Addicted to gambling was the excuse…
Read MoreLeeds City Council spend nearly £100 million on Property in 5 Years
A latest press release shows that Leeds City Council spent £94 million on property within the last five years – An investigation within the Yorkshire Evening Post had showed a spending of £76 million on six investment properties in the city since 2014 with an additional £18 milion spent on ‘non investment properties’ via data…
Read MoreNorth Yorkshire County Council sells off £12 million of Property
North Yorkshire County Council was said to have made £12 million by selling off property and land in its portfolio over a four and a half year period. The sale of real estate included 68 public buildings and spaces between January 2014 and July 2018 with the biggest sale being New House Farm in Ryedale…
Read MoreLSL Property Services pre tax profits slide 42%
With leading estate agency brands of Your Move and Reeds Rains to its name, LSL Property Services has released unsurprising negative profit figures for 2018 with a turnover of £324.6 million and pre tax profits of £23.1 million which is a 42% drop. The group which operates over 200 estate agent branches along with a…
Read MoreBlackpool FC remove Oystons Estate Agents sign – Fans rejoice
Blackpool football club have taken down the Oystons Estate Agency sign from their stadium to the delight of many of their fans whom resented it being there. Bloomfield Road is the home of the famous football club Blackpool for whom Stanley Matthews was one of their most famous players. On 25 February 2019 Oyston and his…
Read MoreProperty Alliance Group sees profits double to £11 million
The developer Property Alliance Group with a wage bill of over £2 million saw an annual profit increase from £5.7 million to £11 million up to June 2018. Despite recent troubles that saw a legal battle lost against one of their own former bankers costing the firm £1.3 million (with a further £3.2 million set…
Read MoreWhat cost to live next to a Premier League football ground?
Living next door to a foot ball ground will be for some a massive headache and nightmare where others would see it as their lives fulfilled – Ultimately, it will boil down to if you are a lover of football or not I suppose! An interesting bit of research done by Ticketgum.com took a look…
Read MoreBuy-to-Let Developer Jailed for Six Months
The Financial Conduct Authority (FCA) led an investigation and ultimately a successful case against a buy-to-let developer who ran unlawful property schemes and also mislead varied investors in African Land and Reforestation Projects. Good news that a continuation of cleaning up the industry is taking place to route out the illegal nonprofessionals. Sentence passed was…
Read MoreCountrywide fined £215,000 re overlooking Money Laundering
UK estate agency brand Countrywide has been reported to have received a fine of £215,000 following failing to comply with the rules set for spotting dirty money – This follows an intensive programme from the government (Her Majesty’s Revenue & Customs) looking to take action against money laundering within the industry. Unannounced inspections have taken…
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