Landlords face £7,000 fines over compliance failures
A proptech platform has warned that many landlords are unprepared for compliance requirements under the Renters’ Rights Act, with a critical deadline approaching at the end of this month. According…
Former Norfolk agent faces fraud charges totalling £50,000
A former Norfolk estate agent has appeared in court facing 19 charges of fraud by false representation totalling approximately £50,000, according to reports from the Eastern Daily Press. Victoria Steele,…
Propertymark opens voting for board leadership positions
Propertymark has opened voting for key leadership positions, with members able to cast their votes until 18th June. The elections come as agents face increased regulatory and legislative pressure across…
Labour leadership race raises property tax concerns
Proposals from Labour leadership candidates could impact property investment and mortgage rates, according to analysis from Knight Frank, as the contest to replace the party leader intensifies. Andy Burnham has…
Five English properties with gardens listed from £550k
Five residential properties across England featuring gardens suitable for outdoor entertaining have been listed for sale at prices ranging from £550,000 to £950,000, according to estate agents. The properties span…
Loc8me acquires Liverpool student lettings firm
Student accommodation operator Loc8me has acquired Liverpool-based Luxury Student Homes (LSH), adding 199 properties and 1,100 beds to its management portfolio in the city. The acquisition nearly quadruples Loc8me’s Liverpool…
Leasehold reform faces scrutiny over satisfaction data
The government’s leasehold reform agenda is facing renewed scrutiny following the publication of new data from the English Housing Survey showing 93% of leaseholders living in flats are satisfied with…
Tracker mortgage applications triple amid rate uncertainty
Applications for tracker mortgages increased more than threefold in April compared to March, according to broker L&C Mortgages, as economic uncertainty prompted borrowers to reconsider fixed-rate products that have dominated…
Self-employed estate agents show higher completion rates
Self-employed estate agents are achieving higher sale completion rates and faster transaction times than traditionally employed agents, according to new data from property analytics firm TwentyEA, though they represent only…
UK inflation falls to 2.8% as mortgage rate cuts accelerate
UK inflation dropped to 2.8% in April, down from 3.3% in March, according to the Office for National Statistics, a larger decline than most economists had forecast. The fall has…