New measures to allow ‘mid-size’ lenders to compete with the mortgage giants are being unveiled by the Bank of England. The Prudential Regulation Authority (PRA), which is part of the Bank, has published a series of options to make it easier for medium sized firms to ‘scale-up’. Speed up approvals The proposed changes would represent…
Conveyancers will need more cash if they are to play a role in providing upfront material information to homebuyers. That’s the clear message from trade body The Conveyancing Association (CA), which warns that its members will have to charge higher fees if they are expected to do more work. The association was responding to government…
A landlord faces being banned form the private rental sector after Peterborough Council caught him housing families in a dangerous property for the second time. Despite pleading not guilty, Tariq Mahmood Khan was found guilty at Peterborough Magistrates’ Court of failing to comply with a prohibition order under Section 32 of the Housing Act 2004,…
The group delivers acquisition-led revenue growth; profit flat; expands into new territory, appoints new managing director of sales Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe
Reform’s only London councillor, Mark Shooter (pictured), is facing calls to resign after being accused by The Londoner magazine of being a “rogue landlord” whose company ran an unlicensed HMO property and demanded tenants to pay rent in cash. The allegations come after Reform politicians heavily criticised Labour ministers Rushanara Ali and Angela Rayner and…
The agency was fined £21,000, reduced to £14,000 for an early guilty plea Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe
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