Independent estate agency adopts employee ownership model

A Gateshead landlord has been ordered to pay more than £42,000 after operating an unlicensed and unsafe HMO where council officers discovered a series of serious fire safety and management failings. Gateshead Council issued two financial penalties totalling £42,300 for the three-storey property in the Windmill Hills area, which was occupied by seven people from…

The lettings market is on the brink of a seismic shift as the high cost of buying a home means millions more people will be approaching retirement age still in the rental sector. The latest analysis by the Pensions Policy Institute (PPI) predicts that by 2041, the number of pensioner households renting privately will almost…

The sale of OpenRent to CVC was a watershed moment for the letting industry. It proves that there is still a huge amount of confidence in the long-term future of the UK letting market. However some letting businesses are in much more demand than others. The Renters Rights Act has had a significant impact on…

Mark Colhoun of Key One Property has blogged about his experiencing an upsurge of careless, time-wasting property search Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe

Buy-to-let no longer offers the returns that made residential property such a successful investment for decades, according to one of Britain’s leading investment management companies. Rathbones says its appeal “appears greatly reduced” compared with investing in a diversified portfolio of financial assets. In its latest report, Don’t Bet the House, Rathbones argues that the economics…

You may be aware that on December 29th this year, I will complete fifty years in the residential property industry. I started when I was three! This period has seen incredible change in the industry. The Estate Agents Act didn’t exist when I started and we have seen a huge amount of, ever more robust,…