London estate agency expands despite decade of challenges
A London-based estate agency is relocating to a larger branch in High Barnet, marking ten years of operation since its establishment in February 2016. Mi Homes, founded by Nick Kyriacou,…
Thinktank proposes council-led insulation model for England
A thinktank has proposed that English councils establish their own workforces to install home insulation, moving away from the current reliance on private contractors that has resulted in widespread quality…
Avamore Capital provides £944k refurbishment finance
Specialist lender Avamore Capital has provided £944,000 in refurbishment finance for a project requiring additional capital injection and contractor support, according to a company announcement. The transaction involved detailed cost…
Agency owners warned against over-reliance on personal input
Estate and letting agency owners are being advised to implement systematic processes to reduce their personal involvement in day-to-day operations, according to industry consultant Rachel Ollington. Ollington, a former letting…
Landlords outpace sole traders in tax digitalisation readiness
Buy-to-let landlords are showing higher levels of preparedness for Making Tax Digital (MTD) for income tax than sole traders, according to research commissioned by Wolters Kluwer Tax & Accounting. The…
Tenant deposit adjudication awards £150 for garden neglect
A recent tenancy deposit dispute has resulted in a landlord receiving £150 of a claimed £180 for garden restoration costs following a two-year tenancy, according to case details released by…
Rental insurance demand surges 41% ahead of new legislation
Demand for rental insurance products increased by 41% between September and December last year, according to data from lettings platform Goodlord, as landlords and agents prepare for changes under the…
Estate agent salaries rise 8% as industry jobs decline
Estate agent salaries increased by 8% in 2024-25, bringing the average salary to £27,000, according to an analysis of Office for National Statistics data. However, the property industry saw a…
Bristol launches consultation on landlord penalty framework
Bristol City Council has opened a public consultation on its proposed financial penalty framework for landlords who breach housing regulations, ahead of new enforcement powers under the Renters’ Rights Act…
£8.2m development finance secured in three-week deal
Finance broker Arc & Co. has arranged an £8.22 million development facility for the construction of five residential properties in Oxfordshire, completing the transaction within three weeks of credit approval.…