Breaking News
Decision re letting boards in Cardiff
Two areas in Cardiff, Cathays and Plasnewydd will see a ban on letting boards coming into force from this October, both areas are heavily populated by students. The Welsh Government gave power to Cardiff Council to take action against Landlords who displayed such advertising without requesting consent. Landlords are not at all happy how these…
Allen Walkey
Zoopla Property Group surprise purchase
Zoopla Property Group (ZPG), the digital media business which owns and operates some of the UK’s leading online property brands including Zoopla and PrimeLocation, has conditionally agreed to acquire Ulysses Enterprises Limited, owners of price comparison site uSwitch, in a £160m deal. Founded in 2000, uSwitch is one of the most widely recognised and trusted…
Allen Walkey
London Property Sales
It would appear that first-time buyers are almost level with investors in the Prime London property market, according to a report from estate agent Marsh & Parsons’ latest London Property Monitor. According to reports almost one in three of Prime London properties were purchased by investors in the first three months of this year, that…
Allen Walkey
House prices at record high
The price of a typical home in the UK rose by 1% between March and April, according to the latest figures from the Nationwide House Price Index, this is the largest monthly rise since June 2014. UK house price growth rose an annual rate of 5.2 per cent in April, a small rise from the…
Allen Walkey
TPO Scotland established with Codes of Practice for the Scottish sales and lettings market.
The Property Ombudsman (TPO) scheme recently launched two new versions of its Code of Practice for sales and lettings agents operating in Scotland, and to officially mark the launch of TPO Scotland, invited individuals from leading industry associations, agents and local journalists to join the Scottish Board and the Ombudsman, Christopher Hamer, for a celebration….
Christopher Walkey
House builders shares drop
Some of the biggest names in UK housebuilding took a hit Monday on the stockmarket as Labour’s plans to impose tighter rules on landlords emerged. This drop in housebuilding stocks comes as no surprise, we already have the Labour party threatening a Mansion Tax and the abolishion of Non Dom Staus, now rent caps and…
Allen Walkey
Tim Fairweather: London agent warns of potential Labour disaster.
As we enter our final full week before the long awaited Election Day, Central and North West London agent Sandfords join a chorus of other industry experts and warn of the possible disastrous consequences for the property market if Labour is elected into power. Tim Fairweather, a Director at Sandfords, comments: “In the immediate run…
Christopher Walkey
Another Labour promise
Another Lasbour promise, this time to exempt first time buyers from stamp duty. Ed Miliband intensifies the polical offensive over housing with an offer to exempt first-time buyers from up to £5,000 in stamp duty, it would apply to houses with a purchase price of under £300,000 The Labour leader hopes to fund the tax…
Allen Walkey
China Agent Summit
A top Chinese-language real estate website is holding a major China Agent Summit in May for international agents to link up with Chinese agents. The Juwai.com China Agent Summit on Friday 29 May provides an opportunity for International Property Agents to network with local Chinese agents and extend their network in China, also the chance…
Allen Walkey
Rent Caps, Rent Caps, Rent Caps
Well, over the weekend the press have been non stop mentioning the proposals or promises by Labour that if they get into power Rent Caps will be introduced along with 3 year tenancy agreements, even Politics today on TV shown on Sunday were making a big point about it. It appears to me the new…
Allen Walkey
TWO THIRDS OF ESTATE AGENTS REPORT DECREASE IN BUYERS FOLLOWING MORTGAGE MARKET REVIEW.
Mark Hayward, managing director, National Association of Estate Agents commented: “This Sunday sees the anniversary of the mortgage market review (MMR) coming into play and we can now really see the substantial effects it has had on the property market. The new rules, which introduced stricter guidelines for lenders, has led to two thirds (65%*)…
raterAgent Formally Launches.
raterAgent formally launches with new marketing campaign – “True Review?” For any agency wanting to increase its instruction volumes and protect fee rates, genuine reviews from an independently-verified source are now a vital part of their marketing mix. raterAgent checks all reviews for genuineness and stops those that it finds are fakes from being published. raterAgent,…
London Marathon
I thought it would be a good idea today to take a break from the normal topics of House Prices, General Election, this Portal and that Portal, etc..etc and take a little time to give mention to those in the Property Industry who will be taking part in the London Marathon all in the name…
Allen Walkey
Sign up or face fine
The deadline for Landlords to sign up to an official deposit scheme is 23rd June this year, those that fail to register with such a scheme will face heavy penalties. The Government is running a 90-day amnesty for Landlords who have yet to put their tenants’ deposits into an official scheme, it is thought that…
Allen Walkey
“Wild West” rental market
“Wild West” was how the London rented homes market was described during a five way debate at the London’s Guildhall on tuesday evening staged by the Evening Standard. Landlords were accused in a heated debate of cheating the public who were forced to pay inflated rents due to the capital’s housing shortage. The five in…
Allen Walkey