Latest property news
Daily property news in the UK residential sector focused on estate and letting agency, property auctions and property managers.
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Underlying Operating Profit up 15%, as LSL hits record margins
Disciplined cost control, strategic progress and accelerated revenue and profit in the second half of the year drive “positive progress,”…
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“Cold feet” scuppers more property sales than bad surveys – but is fixable
LRG calls on ministers to back binding offers and upfront property reports to cut fall-throughs.
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London housebuilding collapses by 84% in a decade
Rising build costs and a weak sales market mean contractors are “going bust” and thousands of London homes have been…
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Two property firms expelled by TPO for “failure” to pay compensation awards
The Property Ombudsman says the non-payment of compensation awards is rare for its members, with 99% compliance rate.
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Spicerhaart ‘forges’ new employment model for estate agents
Forge gives agents self-employed-style autonomy but with a salary, benefits and full backing from the national group.
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HMRC Stamp Duty investigations double in a year
Angela Rayner case has increased scrutiny of the accuracy of Stamp Duty payments, with the taxman recovering £201m in just…
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UK property market remains attractive to international buyers
The largest numbers of foreign UK homeowners are from Hong Kong, Singapore, the USA, the UAE and China.
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New builds damage local house prices, data reveals
The arrival of a new estates can knock as much as 18.5% off the value of nearby homes in more…
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Minister insists new warm homes rules won’t drive up rents
Official Government impact modelling warns some landlords may sell up or pass compliance costs on through higher rents.
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LSL strengthens conveyancing offering with acquisition
Paul Hardy from the parent company of Reeds Rains and Your Move says the purchase of the National Search Service…
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