BREAKING NEWS – 5 top stories 20/01/2021

January 20, 2021
Estate Agent Networking Breaking News

SDLT DEBATE IN PARLIAMENT – GOVERNMENT PUTS THE BRAKES ON

It would appear that there will NOT be a debate in parliament regarding extension to the Stamp Duty Debate, as no debates triggered by a petition of over 100,000 signatures are being debated in the house.

So, time for those who want to see action to contact their MP’s directly, or hope that Rishi the Chancellor will on the 3rd of March take pity on the 125,000 plus who are going to miss the deadline – and in some way tweak the system, expect more twists, and turns.

EXTENSION ON BAN OF REPOSSESSIONS UNTIL 1st APRIL

As reported on before, it has now been confirmed that due to Covid, repossessions will be halted until the 1st of April, unless the defaulting mortgagee accepts that the repossession should move ahead.

CONNELLS SUPPORTS ‘MIND’ THE MENTAL HEALTH CHARITY

In a sign of the times the rank and file of Connells has voted to donate to, and support Mind the mental health charity.

David Plumtree GCE, commented that the charity choice, ‘was the overwhelming consensus, as it is a cause that has really resonated with our workforce, especially at this time where current events have forced us to recognise any issues with the mental health of ourselves and those close to us’

ANOTHER UMBRELLA AGENCY MODEL ROLLS OUT

A new enterprise launches, The Agency (UK) the work of an experienced team, Stephanie Walker, Mark Bruce, and Andy Vass, based on the concept of having local agents working their patch, with proptech assisting their growth.

WILL 2022 SEE A SWATHE OF REPOSSESSIONS?

With the only certainty at present, being there is no certainty a study published last month shows a modelling where in 2022 repossessions could be TEN times the current annual level. https://www.ukfinance.org.uk/system/files/20201208-Mortgage-Market-Forecasts-2021-2022.pdf

Andrew Stanton

CEO & Founder Proptech-PR. Proptech Real Estate Influencer, Executive Editor of Estate Agent Networking. Leading PR consultancy in Proptech & Real Estate.

You May Also Enjoy

Breaking News

Rental price and average salary tracker – July 2026

Year-on-year Rental Price Growth Moderates, Yet High Demand and Limited Supply Continue to Push Rents Higher London recorded the strongest monthly rental growth, with average rents rising from £2,385 to £2,484 (+4.2% month-on-month). As a result, the representative annual salary needed to secure the average-priced rental home increased from £70,050 to £74,520 (+6.4% year-on-year). The…
Read More →
Breaking News

House prices stable in July

House prices stable in July (0.0%), following a +0.2% rise in June Average property price now £299,253 compared with £299,396 in June Annual growth of +0.1% is the slowest rate of house price inflation since November 2023 Northern Ireland continues to record the UK’s strongest annual growth at +7.4%   Amanda Bryden, Head of Mortgages…
Read More →
Overseas Property

Algarve tops the list of overseas destinations by Brits this summer

New analysis from Rightmove reveals the most popular overseas destinations that potential British buyers are searching for this summer The Algarve in Portugal is the most popular destination, followed by Paphos in Cyprus and Mallorca in Spain Spain is the overall most searched for country, followed by France and Italy New analysis by Rightmove, the…
Read More →
Breaking News

UK Construction Sector Activity Remains Stagnant

Glenigan’s data shows construction sector performance is depressed in a tough socio-economic landscape The value of underlying (under £100 million) work starting on-site during the three months to the end of July declined 11% and fell 29% below last year’s levels. Residential construction starts fell sharply, declining 25% against the preceding three months and dropping…
Read More →
Estate Agent Talk

Seven fire safety myths every business should avoid

Fire safety is one of those responsibilities that often doesn’t receive the attention it deserves – until something goes wrong, that is. For many businesses, compliance has fallen into the trap of being a tick-box exercise that’s centred around annual inspections, manual training exercises, and having the right paperwork in place. And although these are…
Read More →
Breaking News

Suzy Lamplugh’s legacy underlines the need to always make lone-worker safety a priority

More than 40 years after estate agent Suzy Lamplugh disappeared while attending a work appointment, her legacy remains a powerful reminder that personal safety must be central to workplace practices. On 28 July 1986, 25-year-old Suzy Lamplugh left her London office for an appointment and never returned. Her disappearance led her parents, Diana and Paul…
Read More →