The Property Ombudsman has issued a provisional decision against a letting agency after finding it transferred a landlord's student HMO into a rent-to-rent arrangement without his knowledge or consent. A provisional award of £700 compensation was proposed, along with a £1,288.13 credit for incorrect utility deductions. The post Ombudsman backs landlord in rent-to-rent dispute appeared first on...
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Strutt & Parker has appointed Hamish Gilfeather as senior associate director in its broker team, continuing the expansion of its hybrid estate agency model launched in February this year. Separately, Propertymark has confirmed its new presidential team following its Annual General Meeting, with appointments taking effect across its professional divisions. The post Strutt & Parker expands broker...
Political speculation surrounding Sir Keir Starmer's position as prime minister has prompted fresh analysis of potential changes to UK housing taxation policy. Proposals to replace stamp duty with a 0.48% annual property value levy have drawn scrutiny from industry analysts. The post Potential leadership change raises property tax concerns appeared first on...
Rightmove has begun trading as a FTSE 250 company after losing its place in the FTSE 100, following a sustained decline in its share price over the past year. The property portal's shares closed at 417.9p on Friday, down nearly 46% over the past 12 months. The post Rightmove drops out of FTSE 100 as shares decline appeared first on...
The UK PropTech Association has established a Residential PropTech Committee to provide estate and letting agents with guidance on technology adoption and compliance management. The committee brings together agents, PropTech firms and industry bodies to identify barriers to technology adoption. The post New committee launched to support agents with technology appeared first on...
A coalition of estate agents, conveyancers and mortgage brokers in Wales has launched an initiative aimed at improving the property transaction process, independent of Westminster reforms. The group, named Move Wales, comprises independent property professionals working to reduce fall-throughs and transaction delays in the Welsh housing market. The post Welsh property professionals form coalition to...
StreamBank has provided a £642,000 bridging finance facility for the acquisition and refurbishment of two buy-to-let properties in Kent, secured against three properties with a combined value of approximately £1.525 million. The transaction resulted in an overall loan-to-value ratio of 44%. The post Bridging loan funds Kent buy-to-let acquisition appeared first on...
Five former school buildings converted into residential properties have been listed for sale across England and Scotland, with prices ranging from £500,000 to £1.795 million. The properties include Victorian, Georgian and 19th-century buildings adapted for modern residential use. The post Converted school properties listed across England, Scotland appeared first on...
In his first Inman Interview, National Association of Real Estate Brokers President Ashley Thomas talks housing equality, technology and why private listing networks harm Black buyers and...
The Knicks ended a 53-year title drought by refusing to quit. Coach Darryl Davis shares what real estate agents can learn from New York's championship...