Panorama exposes conditional selling by estate agents

Stamp Duty receipts jumped 14% to £9.8bn for the six months to September, providing Chancellor Rachel Reeves with food for thought as she prepares for her Budget on 26 November. The £1.2bn windfall could help ease pressure as Reeves seeks to raise around £22bn to plug what she has called a “black hole” in the…

Landlords in England and Wales are waiting significantly longer to regain possession of their properties, with the average process now taking more than 26 weeks as repossession volumes continue to rise, says Sim Sekhon (pictured), Group CEO at LegalforLandlords. The latest research from LegalforLandlords shows the end-to-end timeline from submitting a possession claim to completing…

The Bank of England’s Monetary Policy Committee has voted to once again keep the base rate at 4%, a move that had been widely anticipated as inflation remains stubbornly high and global uncertainty continues to limit its room for manoeuvre. When the base rate was cut from 4.25% to 4% in September, it was the…

Although the national average figures for pretty much every property market measure show the market is being ‘resilient’ at the moment, despite huge Global and National economic headwinds, it really does depend on where you operate at the moment. We have stats this month that show areas to the North and West continue to perform…

A growing disconnect between letting agents, landlords and tenants is emerging Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe

The Green Party has passed a motion at its annual conference that calls for an “effective abolition of private landlordism” to be party of its official party policy. The motion includes giving tenants the first right to buy when a landlord sells, with their “total rent paid discounted” and supported by Government-backed financing. Councils would…