New 3 year tenancy proposal could see London tenants losing out

The government is proposing an increase to the length of minimum lettings agreements. If the change in regulation comes into effect, tenants will be able to secure a minimum 3-year tenancy term, with a 6-month break clause for tenants and landlords. The change has been proposed by the Secretary of State for Communities, Rt Hon…

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How to find the perfect property manager

In an agency sector where it’s increasingly hard to maintain an income and create new revenue streams, property management presents a way to keep money flowing into a lettings business. Whether you’re expanding your team or would like to offer property management for the first time, you’ll quickly discover that finding the right management candidate…

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Real Estate Selling Mistakes You Should Not Make

When it comes to real estate selling there are dozens of mistakes that could be made. Unfortunately, people tend to want to work without real estate agents. This in itself is a mistake. However, others can be mentioned. Below you can take a look at some that are much more common than they should be.…

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Changes to expect in the buy to let property market

The buy to let and rental property markets are continuing to grow, as property investors increasingly turn to purchasing property as a safe choice of investment in these times of economic uncertainty. Since buy to let mortgages were introduced into the UK’s financial market in 1996, the buy to let and rental landscapes in the…

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Property investments for 2018 worth considering

Brexit negotiations are ongoing and seem to have reached a peak point of instability. The ascent of Trump is leaving once-secure trade deals uncertain. As the world teeters on the brink of seeming collapse, is the financial world feeling the pinch? And how does this affect the property market? Perhaps surprisingly, the property market in…

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Chestertons announces changes to its management team

Allan Collins appointed as Deputy Chairman of Chesterton Global Limited and Guy Gittins becomes Managing Director Following its successful expansion and growth in the UK, Chestertons has announced two changes to its management team to help lead the business into the next exciting stage of its development. Former CEO Allan Collins has stepped into the…

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Estate Agent or Psychologist?

Today, estate agency is all about psychology and perspective. Gone are the wideboy shiny suits, flash cars and sales-speak. Instead there is now more awareness about the mindset of buyers and sellers, which is a top priority. Unless both sides are happy, transactions do not go through. From a seller’s viewpoint, one needs to be…

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Exeter Estate & Letting Agent Expelled from TPO

Bower & Bower (B&B), a sales and lettings agent in Exeter, Devon, has been expelled from The Property Ombudsman (TPO) scheme. The Ombudsman supported two complaints relating to non-payment of rent to two landlords whose property B&B managed and the way the Agent dealt with deposits on the landlords’ behalf. In the first complaint, the…

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Coventry agent owing £8.5K to elderly couple is expelled from TPO

Buyers, sellers, tenants and landlords in Coventry are being warned that a local sales and letting agent has been expelled from The Property Ombudsman (TPO) scheme for failing to pay awards totalling £8,583.63.  This means the firm, Lawrence Property Consultants Ltd (LPC), is not registered with a redress scheme, which is a requirement of every…

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Receiving Payments From International Clients Simplified

The #PropTechDen held last August saw a significant rise in attendees, both local and international. Since the Brexit vote, investors from Asia, particularly China and Hong Kong, have shown increased interest in residential as well as commercial property. In the first quarter of 2017, buyers from Hong Kong spent around U.S. $3 billion on properties…

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Pirates on the High Seas and on the High Street

Hollywood often portrays pirates as drunken swashbucklers, scurvy-ridden thugs and with perhaps the exception of Jonny Depp’s Captain Jack Sparrow, you might not hold them in very high esteem – a bit like estate agents some might say! What you might not realise is that pirates were in fact way ahead of their time in…

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How Technology Has Helped Excel the Property Industry

The property industry is one that is ever-changing, with highs and lows that are sometimes predicted and sometimes hit rather quickly and unexpectedly. While there are all kinds of factors that feed into the property industry and determine how it grows and excels over time, one area that doesn’t always get a lot of attention…

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NTSEAT LAUNCHES agent SuRVey INTO USE OF referral fees

National Trading Standards Estate Agency Team (NTSEAT), with the support of The Property Ombudsman and the Property Redress Scheme, have today launched a survey <https://secure.crtviewpoint.com/Online/Survey/36c5c07e-d321-4a6f-a5ca-bfd52f6bbc53> to assess the use of referral fees among estate agents. Following the published response to the Government’s Call for Evidence on home buying and selling (8th April 2018), Ministry of…

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