Breaking News

Trading update from Barratt Developments

 

SHARES in housebuilders and estate agents dropped yesterday as the Chancellor announced plans to curb the booming buy-to-let sector by cutting tax relief. George Osborne announced in his summer budget that the amount landlords can claim on mortgage interest payments will now be set at the basic rate of income tax, currently at 20 per…

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Allen Walkey

Hardsell Marketing in Estate / Letting Agency

 

Content marketing is the art of communicating with your clients and prospective clients without try to sell anything. The ‘landlord farming idea’ is content marketing specificallly for letting agents by another name. Instead of pitching your services to landlords (and potential house sellers), you are delivering information that makes your landlords (and vendors) more intelligent…

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Christopher Watkin

Martyn Baum appointed president of NAEA

 

Martyn Baum has been appointed  President of  the National Association of Estate Agents, taking over from outgoing president Simon Gerrard, the ceremony took place at London’s Savoy Hotel. Martyn who was born in Loughborough started out his career in property at the age of 16 as a trainee at John German, he then went on…

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Allen Walkey

As predicted, Government shines light on buy-to-let to tackle housing crisis.

 

Prior to the Election in May 2015, Michael Riley, Director of Capital & Coastal, correctly predicted that despite which party came into power, it would only be a matter of time before the new Government “shone a light” on the buy-to-let industry as a way of tackling the lack of stock driving the country’s housing…

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Christopher Walkey

Halifax report house price surge in June

 

According to the Halifax UK house prices  picked up in the last quarter after two successive falls,  with an unexpected month-on-month surge in June pushing the annual rate to 9.6%, the Halifax house price index showed prices jumped by 1.7% between May and June, the fourth consecutive monthly rise, this is contrary to other ecent…

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Allen Walkey

Budget time again

 

The budget that will be announced today by George Osborne will be the first all-Conservative buget since 1996, it is expected that the Chancellor will take three years instead of two to reach his £12bn target for cuts. In a landmark commons statement the Chancellor will set the agenda for the five year parliament ahead,…

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Allen Walkey

ARLA appoints new President

 

The Association of Residential Lettings Agents has appointed Peter Savage as President for the coming year, the outgoing ARLA president is Valerie Bannister, who is the national property director at Your Move, Savage said that he was overjoyed to take on the role of President. Peter  is a long standing member of ARLA, having held…

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Allen Walkey

Landlord faces agent who owes her £20,000.

 

Channel 5’s ‘Nightmare Tenants, Slum Landlords’ is set to show how one rogue operator gives good letting agents a bad name. Margaret Wilson faces the agent that owes her £20,000 in a perfectly captured showdown on Wednesday 8th July at 9pm. Margaret Wilson owns two rental properties in Oxfordshire.  Two years ago she handed them…

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Christopher Walkey

Buy-to-Let increases burden on welfare

 

It is expected that George Osborne will be cutting Housing Benefit in his budget on wednesday, it has been reported through certain media that he is considering forcing all housing benefit recipients to contribute towards their own rent. It has also been reported that he is pushing for the benefit cap to be lowered from…

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Allen Walkey

UK’s 1st iTunes Approved PODCAST for Letting Agents

 

Letting Agents Podcast – the UK’s 1st  iTunes Approved  LETTING AGENT PODCAST . Having worked for some of the biggest names in the industry, Christopher now offers advice, actions and opinion in helping letting agents grow their lettings agency’s on what is believes to be the UK’s 1st  iTunes Approved  LETTING AGENT PODCAST . Christopher has…

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Christopher Watkin

Inheritance tax raised to £1m

 

David Cameron and George Osborne writing in The Times on saturday  confirmed that the threshold at which inheritance tax is levied will rise for couples to one million pounds from £650,000  after April 2017. The policy will be funded by limiting the amount of tax relief on pension contributions given to those earning more than…

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Allen Walkey

Response by the NHF

 

In a press release by the The National Housing Federation they responded to an announcement in The Times over the weekend to housing commitments from Prime Minister David Cameron and Chancellor George Osborne. Prime Minister David Cameron outlined plans on Saturday to accelerate house-building over the next five years and raise the inheritance tax threshold…

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Allen Walkey

News: @RaterAgent web traffic on upward trend, but still behind @Allagentsuk…

 

Just 5 months since its creation – and 2 months since its formal launch – raterAgent is already the second most-popular, dedicated estate and letting agent review site in the UK. Using Alexa.com rankings – verified by that site’s owners, Amazon.com – the graph below shows how, in the 5 months since our ‘beta’ launch,…

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Christopher Walkey

Unfair to Scottish landlords

 

At present Scottish Landlords see as unfair the way rules  concerning  the council tax  works, Nicola sturgeon announced in November last year a commission to examine a  fairer way of funding local government services. The Scottish Association of Landlords (SAL) wants to see a change in rules so that  empty furnished properties will be entitled…

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Allen Walkey

Trading has commenced in Hunters shares

 

Hunters, one of the largest national sales and lettings estate agency businesses, announced yesterday that dealings in its shares on AIM had  commenced  at 60 pence per share. Numis Securities is Nominated Adviser and Broker to the Company. The Group has traded under the Hunters brand since inception in 1992 and as at 31 May…

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Allen Walkey