Estate agency franchise Winkworth has reported uneven trading in recent months, citing political and economic uncertainty as factors weighing on market confidence. The company expects revenues and pre-tax profits to remain in line with market expectations for the year. The post Winkworth reports uneven trading amid uncertainty appeared first on...
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Magnet Capital has completed a £1,009,475 development finance loan for a two-bedroom property behind King's Road in Chelsea. The project required 21 Party Wall Awards and took over a decade to secure planning permission within a conservation area. The post Chelsea development completes after decade of planning appeared first on...
The Property Ombudsman has ordered an estate agent to compensate buyers £790 after failing to disclose the existence of a competing purchaser during a property transaction. The case highlights transparency obligations under industry codes of practice. The post Estate agent ordered to pay £790 over undisclosed buyer appeared first on...
The implementation of Qualified Electronic Signatures for property transactions has faced significant challenges, with only five registrable dispositions completed in the first quarter of 2026. Industry experts have warned that current Land Registry guidance contains fundamental flaws hampering adoption across the conveyancing sector. The post Digital signatures uptake stalls in conveyancing sector...
Landlords and sole traders face the first Making Tax Digital quarterly deadline on 7th August, with accountants warning that confusion remains over the new requirements. The scheme became mandatory from April 2026 for those with qualifying income above £50,000. The post Landlords face first Making Tax Digital deadline appeared first on...
Landlords in Scotland are experiencing waits of up to 12 months to regain possession of their properties through the housing tribunal system, according to legal practitioners. Law firm Aberdein Considine reports that landlords are typically waiting between eight and 12 months from submitting an eviction application to receiving a tribunal hearing, with legal costs reaching approximately £10,000 before...
Knight Frank has appointed Mike Knowles to the newly created board-level position of Head of Lettings Business Development, consolidating several operational divisions under unified leadership. Knowles joins from CBRE after 12 years, most recently as Head of Residential Agency. The post Knight Frank creates board-level lettings role appeared first on...
A landlord and his property management company have been ordered to pay £63,000 in fines and costs following prosecution for operating an unlicensed HMO with serious safety failings in Kensington and Chelsea. The 22-room property at Hyde Park Gate was found to have multiple fire and electrical safety violations. The post Landlord and property firm fined £63,000 for unsafe HMO appeared first on...
More than half of aspiring homebuyers in the UK doubt they will ever be able to purchase a property, according to research from the HomeOwners Alliance. The annual HomeOwner Survey found that while 73% of non-homeowners want to own their home, 52% of those with ownership aspirations believe they will never achieve this goal. The post Half of aspiring buyers doubt they will own a home appeared first on...
Offr, a digital buying platform backed by Barclays, has partnered with PropertyStream to launch Transact, a white-labelled platform enabling estate agents to manage property transactions from enquiry to completion. The joint venture responds to government consultation on digital reforms aimed at reducing the 170-day average completion time. The post Barclays-backed proptech launches digital platform...