SRA asks: when should firms report potential wrongdoing? (LSG)
Regulators have begun a major review of reporting requirements for firms dealing with suspected misconduct by their employees.
Survey finds that banning gazumping is top housing policy change wanted in Britain (PW)
New research shows that the top desire is action to prevent gazumping.
Estate agencies closing – data shows how many and where (EAT)
Data prepared for the BBC and shared with Estate Agent Today gives a snapshot of how estate agencies, lettings agencies and chartered surveyors are suffering as the housing market becomes […]
Law Commission accused of ‘window dressing’ with leasehold reform attempts (PIE)
The Law Commission’s recommendations to reform leasehold are little more than window dressing, a prominent campaigner has claimed.
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’.