Estate Agent Today provides daily industry, Estate Agency, Property Market, Housing, Moving Home and Online Estate Agent News updates for the UK's letting agent community.
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Effective due diligence isn’t just in the interests of landlords but it��s also crucial for estate agencies who themselves could fall foul of the law. Firstly, under the Accommodation Agencies Act 1953 it is a
#Capital Gains Tax Glitch#Boomin#Nat Daniels#Agency Consolidation#Lettings Market#Commonhold Council#Proptech
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The charity says that “as private rents reach record highs, household bills soar and more people fall behind on their housing costs, [its staff] are gearing up to answer calls from huge numbers of people facing homelessness this winter.
#landlord advice and guides#landlord & rental sector news#landlords guide to renting#guidance for private landlords#landlord licesing scheme#nightmare tenants slum landlords
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A total of 24 awards were presented on the night, with employees winning individual coveted awards including Best Customer Service, High Flyer and Employee of the Year which was won by group resources assistant Chloe Free.
#Capital Gains Tax#Tenancy Deposit Deductions#Stamp Duty Holiday Extension#Guide On Lead Capture#How To Reach More Landlords#How To Sell My Agency Business#Improve Property Matchmaking
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#Agent & Homes#Ideal Homes International#apropos#Soaring house prices lure expat and foreign national investors#Oyvind Birkenes#CEO of Airthings#estate agency#Smart system could ultimately slash landlords’ energy bills
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In this tips piece, Blake Richmond, managing director of referencing at Goodlord, sets out how agents can combat fraud in the lettings process.
As the summer begins to draw to a close and the letting market regains its stride, attention is turning to the pandemic-induced changes which are re-shaping the industry long-term. Here, co-founder of digital referencing company Vouch, Simon Tillyer, outlines his top tips for how letting agents can best prepare for the next chapter in the evolution of lettings.
#property letting guide#property news and letting agent#Rental Market News#etting Agent Today#agents and landlords#social network for property
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Despite significant rental reforms expected in the coming months, including an end of Section 21 evictions and the introduction of lifetime deposits, Admiral’s research found four in 10 landlords and three quarters of tenants are not aware of the Rental Reform Bill.
When asked what they would like to see when it comes to rental reforms, the top request from renters was protection from rental increases, while the introduction of a national landlord register was the legislation most landlords agreed with.
#Ideal Homes International#Landlord Today#House Prices & Rents#Foreign national investors#energy bills#Bumper summer of lettings
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The call was made by NAEA Propertymark president Liana Loporto and eXp UK agent Clare Hughes, founders of the Women in Estate Agency Facebook group and podcast, in an exclusive interview with Estate Agent Today.
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#Agent & Homes#Zero Deposit#Property Market Analysis#Property Natter#perception vs reality#Jon Horton#Mio Account Manager#Grace Cotterill
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ARLA Propertymark has hit back in this week’s debate on the quality of private rental property, following sharp criticism in a report by the Public Accounts Committee of MPs in the House of Commons.
This is in stark contrast to the social rented sector that has seen investment in repairs and maintenance at the lowest levels since records began over the last two years.
Douglas continues: “There are at least six government departments that interact with the private rented sector and if the UK government are serious about reforms, then all relevant Ministers, officials and stakeholders including local authorities must be at the same table, working together and setting out a roadmap for reform that cuts across all the different policy areas.
#Agents fight back in row over quality#private rental stock and repairs#Thousands of tenants must accept#Stock shortage means demand
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PropertyBox is an online tool that uses digital technology, including AI, to provide vertical correction, brightness adjustment, colour enhancement, shadow boosting and blue-sky replacement – all the visual elements that win the all-important click.
Finished photos are back in the agent’s inbox within seconds, a welcome solution to agents losing precious marketing time and frustrating their customers who want to get serious buyers through the door quickly.
We know how important it is to protect your customer’s privacy so, as well as creating far superior images, each one is also fully GDPR compliant with personal photographs blurred and car number plates obscured.
#Facebook Marketplace#Meet your editorial Team#Estate Agent Today#Referral fee transparency#Sales progression#Property Market Analysis
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We have had historically low interest rates since 2009. The property market has reacted to those rates and house prices have increased significantly as the low rates have allowed house purchasers to pay more, especially when the UK population has increased without substantially more new housing stock becoming available.
Generally, though, interest rates have decreased for nearly three decades.
Inflation in the general economy is now widely accepted as not being transitory. Part of this inflation is as a result of supply problems – short terms shortages increase prices and limit availability. These will probably resolve themselves over time, although this seems to be taking longer than everyone expected, (for example - the price of second hand cars has increased significantly because of a lack of available microchips to build new cars with).
The other cause of inflation is monetary. Central banks have created large amounts of new money to help deal with the economic consequences of the pandemic. This extra money has found its way into the property market, the stock market and commodities, and is causing inflation – especially among “investable” commodities. This is inflationary.
Once inflation becomes ingrained, workers and employers start to anticipate inflation in wage increases and the pricing of goods and services – which becomes inflationary in itself and repeats over and over again. This is what economists refer to as a wage-price spiral – once inflation really gets going, it's difficult to stop. This is bad news because it erodes the value of savings, and everyone ends up feeling poorer and are all playing “catchup” to claw back their standard of living.
#landlords guide to renting#tips for landlords#landlord tips#landlord & rental sector news#capital gains#rental market news
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With Rent On Time™, you can focus on growing your business with a value-added service whilst building stronger relationships with your landlords
#Agents support radical overhaul rental sector NI#Trade directory Back to Main Trade Directory#Rents show another modest rise across UK#with London an exception
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The agency also says London has been carving a reputation as being sympathetic to pet owners with London Underground and many of the capital’s facilities regarded as highly pet-friendly.
However, it acknowledges that for prospective tenants it can be stressful to identify and secure a pet-friendly let.
But the agency insists that four boroughs in particular are appropriate for dog or pet owners who want to buy rather than rent, because of the relatively high proportion of homes with gardens.
The agency says easy access to dog walkers and vets is essential for owners in London. Research shows the average price for a dog walker in the capital is £13.45 per walk.
However it says London has more than 200 RCVS-registered vets across almost every postcode across the city.
#Rental Market#Property Professionals#Agents Beware#big bad agents#London letting agent#rental properties#property rentals agents
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In this case the new guidance says: “You are strongly advised to take a Lateral Flow Device test every day for seven days, and to self-isolate if any of these test results is positive.”
This is the first time since the start of the pandemic that the official guidance on house moves makes a distinction between the vaccinated and the unvaccinated buyer or tenant.
#Compulsory Landlord Register#Landlords Beware#landlords warned mortgage rates#Interest Rates#Base Rate#Mortgages#Property Master#Bank of England#Landlords given thousands to stay
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We’re now keen to get the right people in place to help us handle more new homes appointments and to manage the ever-growing finance department.
The three new roles Davidson is now adverting for are a new homes associate, a property manager and accounts assistant, and an inventory clerk.
#property rentals agents#rental properties#London letting agent#big bad agents#Agents Beware#Property Professionals#Rental Market
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We always intended to broaden our regional footprint as the business grew, and with an ever-increasing number of enquiries about properties in Solihull and its surrounding villages, we decided fairly quickly that it was the next logical step for our growth.
And she adds: “We are keen to take our business model, which sees us sell a vendor’s property free of charge, into the region to kick 2022 off and mark the next step in our development.
#Savills agent arrested#Andrew Bone#Savills estate agent racist tweet#Savills statement over racist tweet#Sales Director at CoreLogic UK
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#HMRC change of heart is good news for landlords#Landlord tries to recover £150000 from agent#HMRC discovers huge numbers of landlords avoiding paying tax
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The majority of cannabis farms in the UK are not set up by individual criminals but rather by fairly sophisticated drug dealing gangs who will go to extreme lengths to prevent anyone accessing the cannabis grows within a property," Nathan Emerson, CEO of Propertymark, commented.
#Big Bad Agents#Airbnb lets may backfire on landlords#says ARLA#puts industry in a dilemma#Agents Beware#Drugs booby traps rentals
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