New tool aims to cut weeks off property transactions

Serviced accommodation deal forms part of plans for further expansion across the North East Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe

Tax experts are warning that politicians are being treated differently to the general public after Angela Rayner was cleared by HMRC over a Stamp Duty bill. The former Deputy Prime Minister and Housing Secretary is now the second favourite to become the next PM after revealing HMRC planned to take no action against her. Now,…

Shared ownership schemes contain pitfalls that buyers often fail to understand, a major independent watchdog warns. The National Audit Office (NAO) says shared ownership is complicated and exposes buyers to financial risks they are unaware of. “Shared ownership is a complex part-buy, part-rent model, not always fully understood by those who enter it. Complexities with…

Blackpool’s landlords are warning that a new licensing scheme could lead to their “financial ruin”, with many considering selling up as mounting costs hit already fragile businesses. The council’s new selective licensing scheme covers around 11,000 private rented homes in Bloomfield, Brunswick, Claremont, Talbot, Tyldesley, Warbreck, Waterloo and Victoria. It says the scheme is intended…

Rightmove is helping lettings agents handle rent increases more efficiently on its Tenancy Manager Platform. It has launched a rent review capability on the platform following changes to the rent increases process, introduced by the Renters’ Rights Act. Rightmove claims that the new functionality is one of the most requested updates from letting agents. It…

  The Scottish Property Federation has welcomed the passing of the Housing (Scotland) Bill, crediting a more collaborative Government approach for ending the investment uncertainty that contributed to Scotland’s 2024 housing emergency. Robin Blacklock (pictured), Interim Director of the Scottish Property Federation, says: “The debate surrounding rent control prompted by this Bill has brought significant…