The Government has restated its opposition to rent controls, opening up a clear policy divide with the Green Party ahead of May’s local elections. Housing minister Matthew Pennycook (pictured) told Parliament: “The Government does not support the introduction of rent controls, which we believe could make life more difficult for renters.” Detrimental impact He pointed…
Women in Estate Agency is bringing back Sara Cox MBE – the world’s first professional female rugby referee – for a leadership event aimed at women across the industry. The session is taking place on Thursday, 2nd July, at Reapit’s London headquarters. It follow’s Cox’s well-received appearance at WiEA’s Not a Conference. WiEA is bringing…
Estate agencies saw 82,000 potential sales fall-through between July and September this year taking the annual total of abandoned purchases to 312,700, according to the latest TwentyEA/Ci Property & Homemover Report. The data also shows the average time to exchange now stands at 123 days. Katy Billany (main picture), Executive Director of TwentyEA, says waiting…
Rex Hub is a new tool to help agents provide vendors real-time, self-serve access to information via a secure portal Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe
The Property Ombudsman (TPO) has ordered an estate agent to pay compensation for failing to disclose the existence of a competing buyer, reinforcing the importance of transparency during the sales process. The complaint The complaint was brought to TPO by Margaret and Alan, whose offer on a property was accepted in December 2024. Following acceptance…
Propertymark has announced the launch of a new independent Regulatory Board, which formally separates its regulatory responsibilities from its representative role in a move aimed at strengthening professionalism and public trust across the sector. Key milestone The Board will oversee professional standards, regulatory policy and disciplinary frameworks. Bill Butler (pictured), Non-Executive Chair of Propertymark, describes…
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