Over 121,000 first-time buyers benefit from Stamp Duty cut in first seven months (PIE)
More than 121,000 first-time buyers have had a boost from the Stamp Duty exemption in the first seven months of the relief, HMRC figures show.
Why are most conveyancers are slow and inefficient (PIE)
Typically, it’s because of an historically sceptical attitude towards the benefits of technology and how it is implemented.
Help to Buy owners are warned their homes could fall into negative equity (PIE)
Falling sales and poor price growth could push those who used the Government’s Help to Buy scheme into negative equity, it has been warned.
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’.
Why court decided that sellers did not have to pay commission to first agent (PIE)
The dismissal of an estate agent’s claim for a fee by a county court judge came after a very different decision by the Property Ombudsman. TPO yesterday evening said there […]
Government consults on EPCs – how accurate are they and do they improve energy efficiency? (PIE)
The Government wants to hear from sales and letting agents, and is in particular looking at the quality of EPCs; their availability; and whether they encourage action to improve energy […]
Cybercrime and dubious investment schemes all on the rise
Criminals are increasingly targeting law firms as a means to steal tens of millions from businesses and the wider public.
More agents will be victims of Britain’s ‘death of the high street’, prediction (PIE)
Almost 2,500 estate and letting agency firms have gone bust in the last five years.