An agent complained on social media yesterday about the number of touting letters – 26 – that went to a client’s property in 24 days. All apparently came from just one firm. Martin & Co Norwich copied in The Property Ombudsman,... read more �
New instructions have dwindled this month and are 13.5% below this time a year ago, Rightmove reported this morning. It blames political uncertainty for sellers’ reluctance. Meanwhile new asking prices edged up just 0.6%– the lowest mont... read more �
Yopa made a pre-tax loss of over £30m, its latest accounts have reported. Documentation filed at Companies House shows that in the 12 months to the end of 2018, Yopa made a loss of £30,365,369. This compared with a loss of £18,332... read more �
A former estate agent who ran his own business and commended great respect locally has been jailed for two years. Roger Darnton, 53, had already admitted two counts of fraud – one where he abused his position as an executor of a will, and anot... read more �
The Government has published a consultation on its plans to abolish Section 21 – the process by which landlords or their agents can reclaim properties without having to state a reason. There is no question that the abolition will not go ahead ... read more �
The gap between annual costs of buying a home in the UK compared to renting one are at the lowest in almost a decade but buyers are still better off nationwide. Latest figures show buyers are saving £366 per year, compared to £900 in 201... read more �
Annual house price growth in the UK remained sluggish in February, up just 0.4% and month on month prices fell by 0.4%, the latest lender index shows. This means that the average price of a property was £211,304, down from the average of &poun... read more �
Average asking prices in England and Wales fell by 0.2% in the 12 months to February 2019, the first fall on the national figure for over seven years, according to the latest index data. It takes the average asking price to £304,671, the figur... read more �
More than 2.4 million households in the UK who would have expected to have bought property for the first time after the financial crisis are still waiting at a time when the mortgage market is forecast to remain flat. A new report from the Intermedi... read more �
A ban on Section 21, the process where landlords start an eviction, could have a negative impact on the private rented sector, new research suggests. The industry is currently awaiting the outcome of a Government consultation on the creation of a Ho... read more �
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