Property leaders back ambitious charter to fast-track home sales to 28 days
Slow conveyancing could soon be a thing of the past
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Landlords are set to withdraw more than 200,000 properties from the private rented sector this year, with 65,000 due to the Renters’ Rights Act. An estimated 220,000 homes, or 5% of the total, are projected to leave the PRS in England by the end of 2026, according to research from specialist lender Pepper Money. Exit…
A new platform for conveyancers is being launched to help identify registration issues before applications are submitted to the Land Registry. RegLand has been built by Ruth Beeton and Mark Priestley (pictured), directors at north east-based HS Conveyancing. It aims to act as a pre-validation layer for Land Registry applications by analysing submissions against common…
Purplebricks owner Strike warns that the business is at serious risk of going bust, as it reveals big losses in the year it bought the troubled agency for just £1. Directors say market conditions, the company’s performance and future funding are all factors that could jeopardise its future. Significant doubt Robert Clarkson, Director at Strike,…
Rightmove’s financial chief has cashed in shares worth just shy of £126,000 just a few days after the company revealed that its revenues and profits have continued to climb. The portal has revealed that Ruaridh Hook (pictured) its Chief Financial Officer, exercised options arising from a Deferred Share Bonus Plan Award granted 10 March 2023 and…
Eviction disputes are driving up costs and delays across the rental sector, a leading law firm has warned. Thackray Williams says has received a sharp rise in instructions from landlords seeking vacant possession of their properties following the introduction of the Renters’ Rights Act. This, in turn, is leading to more challenges by tenants, it…
Widespread TV ads for house raffles plus national newspaper ‘success stories’ and a slower housing market have persauded more vendors to use raffles to sell their homes, but a recent report by the BBC shows the process is difficult and carries a high risk of falling through. Jennie Bailey decided to raffle her Anglesey home…
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