ARLA
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Associations & Bodies
Scottish lettings regulation – ARLA launches initiatives
A series of promotional packages will help agents to gain qualifications.
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Features
The benefits of belonging
It is perfectly possible to run a property business without belonging to a professional or trade body, however, if you take the truly independent road, just how much support and inspiration are you missing out on?
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Latest property news
New Presidents take the reins
ARLA and the NAEA have welcomed their new presidential teams for the year ahead. Nik Madan succeeds Peter Savage as President of ARLA, and Sally Lawson is appointed ARLA’s President Elect. Nik has 20 years’ lettings experience, including 12 years at John D Wood & Co. in Central London and he is now Group Lettings Director at Connells Group. David Mackie succeeds Martyn Baum as President of NAEA, while Katie Griffin becomes NAEA’s President Elect. David has 25 years’ experience in the residential property market, as an estate agent, letting agent and consultant. He has also held various roles with NAEA including deputy Member Advisory Forum representative and chairman of the Scottish branch of NAEA.
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Features
The sky’s the limit
Sheila Manchester looks into build-to-rent, the new property sector, and finds a whole new level of development.
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Features
The EU Referendum
NAEA and ARLA say that an ‘Out’ vote risks major construction skills deficit, jeopardising plans to expand British housing stock, but a Brexit could help first-time-buyers onto the property ladder…
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Features
Does your staff training pack a punch?
Competition, the threat of tighter industry regulation and the emergence of online-only agents mean that training is now increasingly a frontline activity, reports Nigel Lewis.
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Associations & Bodies
Straight talking
Marc Da Silva asks the Managing Director of ARLA about the new three per cent SDLT surcharge for buy-to-let and second homes and tax relief change for landlords.
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Associations & Bodies
Question time
Have you ever wanted to collar the industry’s leaders and get stuck into a decent debate about the challenges and future of the industry? Nigel Lewis puts them to the test.
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Movers & Shakers
Christopher Hamer joins NAEA and ARLA
The NAEA and ARLA have announced that Christopher Hamer will join the Associations as a Special Advisor. Having recently retired from nine years as The Property Ombudsman, Christopher is looking forward to using his experience to help develop proper practice in the property sector, through developing legislation and establishing best practice. He said, “I very much look forward to working with NAEA and ARLA. As Ombudsman, I always emphasised that the development of best practice in the property sector was an important commitment. Ensuring fair and consistent treatment of customers should be an aim of all agents, and keeping up to date with new legislation will make for greater consumer satisfaction across the industry.” Mark Hayward, MD, NAEA and David Cox, MD ARLA, said, “We are thrilled to bring Christopher on board as an advisor. He brings a unique skill set that we can use to continue campaigning for regulation and ensuring professionalism across the sector. The housing market is reaching critical point – and is very high on the political agenda at present, so Christopher’s appointment has come at a great time.”
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Housing Market
Supply shortage leads to rise in rental prices
Private rents in the UK rose by the fastest rate in almost three years in September, as the severe housing shortage continued to place upward pressure on rental values across the UK. The latest figures from the Office of National Statistics (ONS) reveal that the cost of renting private accommodation increased by 2.7 per cent in the year to September, the biggest jump since November 2012. The biggest increases in rents were recorded in London, where prices rose by an average of 4.1 per cent year-on-year. “When people say the UK needs more homes, the true meaning is usually that London needs more homes,” said Andrew Bridges, Managing Director of Stirling Ackroyd. The increase in rental prices in the capital was almost half as much as the average rise of 2.8 per cent recorded across the rest of England, and significantly outstripped increases in Scotland of 1.6 per cent and Wales of 0.5 per cent. “For landlords and buy-to-let investors, the story has been one of consistent rental increases, with no notable dip in growth levels since 2014,” said John Goodall (left), CEO and Co-Founder of buy-to-let mortgage lender Landbay. “The big trends pushing up rents are the booming job…
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