Give Britain’s young homebuyers state loans for deposits, urges report
Young people struggling to buy their first home should be offered loans by the government to help them pay the deposit, according to a new report.
Rightmove warned by City analyst that it must not squeeze agents too hard (PIE)
Rightmove has been warned not to squeeze agents too hard.
Foxtons’ profits turn into losses as sales revenue plunges (PIE)
Foxtons this morning reported pre-tax losses of £2.5m in the first half of this year, after sales revenue plunged £17.2m – down 23%.
Will proposed reforms on leasehold go far enough? MPs seek views in new inquiry (EAT)
A new inquiry has been launched into leasehold flats and houses by the Housing, Communities and Local Government Committee.Do existing proposals go far enough in the way of reform?
Agents in breach of AML will have to pay the penalty – plus a new penalty admin charge (EAT)
Estate agents in breach of anti-money laundering requirements now face not only being fined but having to pay a ‘penalty administration charge’.