A feared spike in rents ahead of the Renters’ Rights Act failed to materialise, new research suggests. Only around a quarter of landlords appeared to pre-empt new restrictions on rent increases by front-loading ahead of the 1st May deadline. Growth slows The new Act limits rent increases to once a year, and inspection software platform…
Estate agents face subdued transaction volumes for the next 12 months, the latest Royal Institute of Chartered Surveyors, (RICS), data reveals. Its monthly housing survey suggests that the market may be past its worst, but any improvement remains fragile. New buyer enquiries remain negative at -29%, although it is a marginal improvement on the -34%…
A new cross-party parliamentary report has piled fresh pressure on the Government to speed up leasehold reform. It criticises delays, weak protections and the continued failure to tackle rising costs and poor management in the sector. The report from the Housing, Communities and Local Government Committee says Labour’s draft Commonhold and Leasehold Reform Bill is…
In a bid to tackle increasing problems with ‘slum landlords’, Tameside Council has brought in immediate planning controls on all HMOs across the suburban Manchester borough. The Article 4 Direction means landlords can no longer convert properties into HMOs without permission. The crackdown comes amid a growing backlash against conversions. The day before the decision,…
33-year-old Jack Ford the branch manager of Reeds Rains Evesham, is the latest LSL franchisee to benefit from its re-sale programme. This helps existing franchise owners to find buyers for their business when they are looking to retire or move on, and which the firms claims works particularly well when a successor is found within…
A new compliance wallet launched by Credas promises to speed up property transactions by allowing agents to share client verification instantly across the property chain. The compliance technology firm unveiled its new digital wallet at a swanky launch at The Ivy Private Members Club in London’s West End, which was attended by many leading figures…
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