Breaking News
One week until new mandatory HMO licensing comes into effect
With an extension of the rules bringing a wider range of houses in multiple occupation (HMO) into the mandatory licensing regime coming into effect on 1 October, landlords have just one week to apply for a licence. This licensing requirement applies to all properties that meet the following criteria: is occupied by five or more…
EAN Content
Response to Labour plans for Private Rented Housing
In response to the Shadow Housing Secretary, John Healey MP’s proposals to end the use of Section 21 notices in the private rented sector announced at the Labour Party Conference, David Smith, Policy Director for the Residential Landlords Association, said: “Many landlords resort to Section 21 notices because the alternative procedures take too long to…
Allen Walkey
Shelter response to Labour plans to tax second homes
Shelter response to Labour announcement that they will tax second homes and earmark the money for councils to help families housed in temporary accomodation – please see our response below. Polly Neate, CEO at Shelter said: “Our housing crisis has reached such depths that tens of thousands of families are being tipped into homelessness and…
Allen Walkey
Current number of properties to let in Greater London at lowest since March 2015 according to Home.co.uk
The number of available properties to rent is falling at an alarming rate, particularly in Greater London, according to latest figures from Home.co.uk. The recent press release reveals that the number of available homes to rent in Greater London that have been on the market for 20 weeks or less plummeted by 24% over the…
Allen Walkey
LAND & NEW HOMES NETWORK AND RELOCATION AGENT NETWORK UNVEILS NEW PX PARTNERSHIP FOR HOUSE BUILDERS
Land & New Homes Network the pioneering property network has announced a collaborative part exchange and assisted move offering with Relocation Agent Network that will benefit house builders across Britain. The new service will link leading independent estate agents and enable them to market part exchange properties from any region – a move that will…
Jerry Lyons
The Property Ombudsman Scheme receives over 100 complaints for one agent
Agent expelled for non-payment of awards Camborne Properties Limited trading as Harper Brooks, a sales and lettings & management agent in Liverpool, has been expelled from The Property Ombudsman (TPO) scheme for the non-payment of awards. TPO can confirm that they have received over 100 separate complaints from leaseholders regarding Harper Brooks who defaulted on…
EAN Content
NFB: We need homes now, not promises in four years
The NFB welcomes £2bn of extra funding, but housing associations should not have to wait until 2022 for it to become accessible. Prime Minister Theresa May will tell the National Housing Federation (NHF) that £2 billion of new cash will be available for housing associations from 2022 to build and manage tens of thousands of…
EAN Content
Leading North East agent signs long-term agreement to list at OnTheMarket.com
OnTheMarket plc, the agent-backed company which operates the OnTheMarket.com property portal, has announced that leading full-service North East agent Pattinson has signed up to advertise its UK residential sales and lettings properties at OnTheMarket.com. Under the long-term agreement, Pattinson has also agreed actively to promote the OnTheMarket.com portal brand with digital and branch-based marketing activity….
Allen Walkey
UK Finance response to the Prime Minister’s speech at the NHF Summit
UK Finance response to the Prime Minister’s speech at the National Housing Federation Summit, where she announced £2bn of additional funding for housing associations. Jackie Bennett, Director of Mortgages at UK Finance, said: “Today’s announcement provides much needed certainty regarding the government’s commitment to the social housing sector, enabling housing associations and their private funders to plan…
Allen Walkey
Shelter response to the Prime Minister’s announcement at the NHF conference.
Please see below Shelter response to the Government social housing announcement at the NHF conference. The Prime Minister has announced £2bn for housing associations who enter strategic partnerships with Homes England from 2022 to 2028/9. This is pre-announcing funding for the next Spending Review period. It is not extra homes or extra funding now. Polly…
Allen Walkey
Government should end stamp duty on certain properties according to RICS
New figures show that nearly half of respondents to the RICS Residential Market Survey suggest using tax incentives to encourage downsizing, while making changes to Stamp Duty and Council Tax would help thousands more young people realise their dream of owning their own home. A housing tax overhaul including ending stamp duty on certain properties…
Allen Walkey
Two multi-branch agents join OnTheMarket.com
OnTheMarket plc, the agent-backed company which operates the OnTheMarket.com property portal, has announced that Townends, a 21 branch estate and letting agency firm, is listing its properties at OnTheMarket.com. Townends – owned by Nick Dunning Associates – was founded 25 years ago and now covers West and South West London, Surrey, Middlesex and North Hampshire….
Allen Walkey
Transactions in 2018 at their lowest in 5 years according to LSL Property Services/Acadata HPI report
Latest LSL Property Services/Acadata England and Wales House Price Index report – August 2018 released September 2018 reveals that house price growth remains at 1.8% for third consecutive month. The average home in England and Wales is now worth £303,199, up £5300 on the previous year according to the HPI report. The report reveals that…
Allen Walkey
Rents outside London continue to rise according to Hamptons International
Latest Hamptons International Monthly Lettings Index report – August 2018 reveals that London rents on newly let homes (i.e. homes advertised on the open market to let) fell for the third consecutive month, down -0.8% year-on-year, however rents on newly let homes in Great Britain excluding London, rose 2.0% year-on-year. Rents on those properties where…
Allen Walkey
Average rents across the UK rose by 0.9% in August according to Homelet
Latest Homelet Rental Index report – August 2018 reveals that average rents across the UK rose by 0.9% in August 2018 when compared to the same month a year previously. The average monthly rent is now £947 according to Homelet, however they state: when London is excluded, the average UK rental value was £786 in…
Allen Walkey