Proptech has seen rapid growth and innovation in recent years, but the market is ‘deeply fragmented’, with equal levels of enthusiasm and scepticism among estate agents. According to the survey by Inventory Base more than half of respondents (55%) report they never use proptech, while 29% say they use it daily. And the Inventory Base…
As living costs rise, renters are facing a disproportionate squeeze on their disposable income compared to homeowners, a new study finds Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe
Landlords still believe residential property remains a good long-term investment despite increased regulation, research suggests. Analysis by lettings agency brand Benham and Reeves found that almost two-thirds – at 62.7% – of landlords intend to maintain their current portfolio over the next year, while just 3.9% plan to expand. The research ranks landlord taxation ranking as both…
A London lettings agency has been dissolved just six days after a property tribunal ordered it to repay a £600 holding deposit that it wrongfully withheld from a prospective tenant. The First-tier Tribunal ordered the firm to repay the cash on 6th August, but according to Companies House, Fresh New Homes Limited was struck off…
As an industry, is there room for improvement in how we promote the work we do? Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe
A London landlord has been ordered to pay more than £90,000 after Brent Council prosecuted him for cramming at least 18 tenants into a ‘dangerously overcrowded’ Wembley HMO. According to the council, Sanjay Patel’s three-storey property on Wyld Way (pictured) was operating far beyond the limits of its licence, which allowed a maximum of seven…
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