EYE NEWSFLASH: Rightmove post ‘strong’ full year results as agency membership grows

Landlords and agents only have until 1st October to ensure their Right to Rent procedures comply with updated Government guidance, or risk fines of up to £20,000 per occupier. The new code of practice sets out how landlords and letting agents should avoid discrimination when carrying out Right to Rent checks, including ensuring applicants are…

Savills has delivered solid revenue growth of 6% to £1.13bn and underlying profit was up 10% to £23.3m, according to its half-year report, but reveals that it’s UK residential operation has been struggling. Mark Ridley (pictured), Group Chief Executive, says the year has started well for the global company with the first quarter performance comfortably…

Artificial intelligence is being increasingly embraced by the property industry, but it has yet to become a mainstream search tool for buyers and sellers, new research by GetAgent reveals. The agent comparison site surveyed 622 UK estate agents to understand how widely AI-powered search tools are influencing property discovery and marketing activity, and how agents…

Welsh landlords and letting agents face fines of up to £5,000 if they fail to comply with Rent Smart Wales licensing requirements – with many approaching renewal milestones more than 10 years after the scheme was launched. The NRLA is urging licence holders to check if their licence is due for renewal. Rent Smart Wales…

Agents set to gain single-view tenant onboarding through new agreement Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe

The Autumn Budget is creeping closer, and with it, the likelihood of tax rises. Exactly which taxes are set to increase remains to be seen, but one rumoured levy is a ‘Mansion Tax’. If announced, this tax would affect 150,000 homeowners, mostly in the South East of England. Most likely, if this tax was brought…