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Industry attacks Conservatives over Stamp Duty ‘foreigner tax’ pledge
Builders and agents point out that foreign investment is key part of many prime markets in the UK and proposed 3% extra Stamp Duty would put many investors off.
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Ascend Properties reports a record 2018
Ascend Properties has announced a record year in 2018, with a 62% year-on-year increase in turnover and 400 new units being added to their property portfolio. The company also signed agreements for further Build To Rent (BTR) and the record year was further complemented by a strong lettings and sales performance across all branches, with almost 1,400 agreed lets and 200 completed property sales in 2018. Ascend has also recently opened a new office in Leeds, planning to build the brand further in the Yorkshire region. Staff levels across its Manchester, Salford, Liverpool and Leeds branches increased by 40% in 2018, with new appoints at all levels of the business and particular growth in the company’s dedicated Built To Rent team. Ascend’s Managing Director, Ged McPartlin said, “These figures reflect the great team we have at Ascend and their hard work and professionalism. 2018 was a phenomenal year for the business, but we don’t plan to stop there. We’ve already got new, exciting projects in the pipeline and our branches continue to exceed their targets.”
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Are UK student build-to-rent developers not thinking their sites through properly?
Too many developers are swamping local markets with large purpose-build student accommodation that is too posh for heavily-indebted students.
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Infamous landlord Fergus Wilson convicted of abusing parking attendant
The 71-year-old was taken to court following an argument with an attendant about a parking ticket he received in Maidstone.
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Why agents flock to property franchises during downturns
With a lot of hard work and commitment, a franchise could get you where you want to go a lot more quickly, says Nigel Lewis, but which franchise might be the best bet for your future?
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Criminal family surrender 16 properties worth £8.1 million after investigation
In one of the UK's extraordinary proceeds of crime recovery cases, the National Crime Agency has persuaded the Davies family to surrender the assets.
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Rogue agent starts seven-year prison sentence after ‘sophisticated fraud’
Employer, Martin & Co. dismisses property manager, compensates clients and says it is reassured internal system picked up the fraud.
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Residently: it’s like a portal but er, better
Residently, a UK startup building a global rental platform, has secured £7m seed investment to help fund its growth.
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