First-time property purchasers saving for a deposit will be given a 25 per cent financial top up from the Government, George Osborne (right) announced in last week’s Budget statement, much to the…
Read MoreProperty Redress Scheme attracts 3,000 members
More than 3,000 individual residential property agents and professionals are now signed up to the Property Redress Scheme (PRS), new figures show. The new consumer redress scheme for the property industry, authorised…
Read MoreGovernment makes it harder to license landlords
Reforms to the Selective Licensing scheme, announced last week by Brandon Lewis (left), the Minister of State for Housing and Planning, will further restrict local decision making powers making it harder for…
Read MoreCOMMENT
This year a bright and harsh light has been shone onto the letting industry. Agents now face compulsory redress scheme registration and there’s a voluntary code for property management. And model tenancies…
Read MoreMajority of buyers benefit from progressive stamp duty
Some 71 per cent of homebuyers in England and Wales will benefit from changes to the Stamp Duty Land Tax (SDLT) announced in the Autumn Statement, according to Nationwide. Nationwide said that…
Read MoreEnd of revenge evictions
The House of Lords late last week approved a Government amendment to the Deregulation Bill which will bring an end to so-called ‘revenge evictions’ by private sector landlords tired of moaning tenants.…
Read MoreGet with the programme, say tenants
Half of tenants believe the tenancy application process is slow and outdated, according to market research company, Populus, who conducted a survey on behalf of tenancy software specialist OnBoard Pro. 1,000 Private…
Read MoreAre your HMO landlords licensed?
Many landlords operating Houses in Multiple Occupation (HMOs) properties are doing so without the correct licence in place, risking heavy fines, as well as potentially putting their tenants’ safety at risk, warns…
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