EYE NEWSFLASH: LRG acquires major estate agency group

Pressure is intensifying on the Government to change Stamp Duty, with new calls to increase the 5% threshold to £500,000. Richard Donnell, Executive Director at Zoopla, says this change would help average buyers in southern England with moving costs. These moving costs can run into tens of thousands of pounds – particularly in London and…

The rapid growth in new buy-to-let company formations may have peaked, research suggests. Analysis by Connells Group brand Hamptons found that the number of new buy-to-let company incorporations is falling as fewer existing landlords transfer properties they already own into limited company structures. However, despite the slowdown, around eight times as many buy-to-let companies are…

The Government is intent on ‘professionalising property agents’. Light regulation, low public trust scores and the absence of minimum professional standards are supposedly a blight on the industry, as laid out in the Home Buying & Selling Reform introducer. Agents, however, have long argued that experience and memberships of industry bodies are enough but with…

Renters’ Rights Bill brings major changes for letting agents, landlords and tenants Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe

Almost half of agencies expect further growth but 43% trust no political party most on housing Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe

Bristol City Council has launched a consultation on extending Article 4 Directions that will restrict the creation of new HMOs in a city with a big student population and where there is already a chronic shortage of shared accommodation. The proposal is to remove permitted development rights for small houses in multiple occupation, meaning landlords…