UK lenders expect rebound in demand for mortgage lending in coming months – BoE (IC)
British lenders expect to see demand for mortgage lending rebound over the next few months after a sharp drop in the first quarter of 2018, a Bank of England survey […]
Consultation launched on residential building safety in the UK (IC)
The British Government has launched a consultation on proposals to toughen rules on residential building safety, particularly strengthening fire testing for cladding.
More backing for buying reforms from conveyancers and agents (EAT)
The Conveyancing Association has backed the government’s calls for extensive reform of the buying and selling process, announced at the weekend.
Will requiring estate agents to be professionally qualified improve the market? No, says think tank (PIE)
It is no surprise that plans requiring estate agents to hold professional qualifications in future have gone down well with the National Association of Estate Agents.
Agents report deepening housing market gloom as buyer enquiries fall for 12th consecutive month (PIE)
Buyer demand has now fallen continuously for a full year, estate agents who are members of RICS have reported.
Purplebricks tells Government to go further in reforms and compel high street agents to publish fees (PIE)
Purplebricks has called on the Government to go further in its proposals to clamp down on the industry by requiring agents to publish their commission rates.
Home sellers should be forced to provide upfront information, says trade body (LSG)
A trade body for conveyancers says it would liked to have seen the government require sellers to provide vital information prior to their property being viewed in order to improve […]
HomeOwners Alliance challenged to display its own referral fees on website (PIE)
The HomeOwners Alliance has been embroiled in a public dispute on Twitter after the Government announced that estate agents must in future disclose referral fees.
Conveyancing: dual representation off the table (LSG)
Buyers and sellers will not be encouraged to use the same conveyancer as part of the government’s plans to fix what it considers to be a ‘broken housing market.
Government targets referral fee transparency and conveyancers publishing performance data (LF)
Estate agents will need to be more transparent over referral fees they receive from lawyers, while conveyancers will have to publish performance data, the government has decreed.
Government to professionalise the estate agent market
New measures will be introduced to professionalise the estate agent market, driving up standards and bringing an end to ‘rogue managing agents’.
Government accused of lack of clarity over anti-money laundering rules (EAT)
A technology company is accusing the government of leaving agents and other property professionals with “a lack of clarity” about exactly what new anti-money laundering requirements mean.