Seven thousand high street agents at risk of closing, claims new online platform (PIE)
A property business hoping to raise £200,000 via crowd-funding is forecasting that 7,000 high street agents could shut.
Countrywide shares dive to lowest yet while Emoov battles to stay alive (PIE)
In a jittery new week for the industry, Countrywide shares dived to an all time low yesterday of just 9.11p.
New Specialist Property Court Could Improve Rental Market (TC)
The government have been locked in a consultation period that is seeing them transform the way we use the court and tribunal system in the future. Recent proposals have been […]
Legal Ombudsman eyes publishing full complaints rulings (LF)
The Legal Ombudsman is to explore publishing its full decisions on complaints against lawyers, rather than just brief details as now, it has emerged.
Stamp Duty receipts decline as HMRC feels the weight of first-time buyer relief (PIE)
Increased use of the first-time buyer Stamp Duty relief has seen HMRC report the lowest proportion of transactions that are liable for the property tax since the first three months […]
Government targets law firm ‘facilitators’ profiting from dirty money (LSG)
Law firms are expected to be in the line of fire when the government announces a new crackdown on money-laundering in the UK.
A quarter of this year’s home buyers have been gazumped, claim (PIE)
A quarter of home buyers have been gazumped this year, research claims.
Proptech firm which aims to tie in buyers and sellers to launch ‘top secret’ new product (PIE)
Proptech company Gazeal, which offers products and processes that aim to secure transactions and prevent gazumping, gazundering and fall-throughs, is to open a training academy.
RICS to review the HomeBuyer Report
The RICS says it wants to standardise the whole approach to home surveys by introducing a new Home Survey Standard.
Government urged to ensure agents and developers are held responsible for leasehold abuse (PIE)
The Conveyancing Association has called for existing powers to be used to take criminal action against those who mislead purchasers into buying leasehold houses.
Agents missing vast referral fees for conveyancing, says PropTech firm (EAT)
Estate agents are missing around half of the conveyancing referral opportunities they could take, according to a new report.
Sales slump as fall-throughs and gazumping soar (EAT)
New research shows 35 per cent of deals fall through within three weeks of a seller receiving an offer and a total of 44 per cent fall through within four […]