Lomond expands presence following latest acquisition

Properties that are withdrawn and relisted after a three-month break have a 42% chance of selling compared to just 14.5% for properties that remain on the market, according to data research firm TwentyEA. The property analytics firm show that 53.4% of all residential sales occur within the first five weeks of listing, and 75.7% within…

Chancellor Rachel Reeves appears to have ruled out a revival of the Help to Buy scheme to give young people a lift onto the housing ladder. She said spending on defence had to be the priority for Britain, above incentives to boost the property market, the Daily Telegraph reports. Tax rises When asked about Help…

Tenancy fraud is hitting landlords hard, with 70% unable to retrieve the resulting financial losses, according to a leading legal firm. Around 275,000 property owners have been victims of illegal activity by tenants, LegalforLandlords estimates. This figure is around 5% of the total number, and is costing landlords an estimated £380million a month, with £266million…

Speculation is rife about who could succeed Rachel Reeves as Chancellor, as Andy Burnham heads towards Number 10. Wes Streeting, Ed Miliband, Pat McFadden and Yvette Cooper have all been linked with the role, but their positions on property taxation, wealth and Capital Gains Tax differ significantly. The candidates Ed Milliband Ed Miliband is currently…

Rightmove has launched the third phase of its current brand campaign, run across a range of channels and prime TV programmes Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe

The NRLA is calling on the Justice Select Committee to ask “difficult questions” about how the courts will cope with the impact of the Renters’ Rights Act (RRA), warning the industry is still “in the dark” about what preparations are actually in place. CEO Ben Beadle (pictured) said that with just three months until Section…