News

Concerns raised by MPs about the proposed privatisation of the Land Registry

Concerns raised by MPs about the proposed privatisation of the Land Registry

Friday 17 June 2016
Only months after the Government closed its consultation on moving Land Registry operations to the private sector MPs have raised their concerns with the Business Secretary, Sajid Javid MP. Read more…


Property Week Management AllStars
Friday 17 June 2016

Are you a shining star in the property management world? Property Week recently launched the Property Week Management All-Stars (26th October, Grosvenor Hotel, London), inaugural awards created specifically for the property management community. The awards will both champion the industry and celebrate the best talent amongst property managers and their partners performing at the top of their game. Read more…

Consumer organisation report 28 % of sales fall through
Friday 17 June 2016

Consumer organisation Which? have reported that almost three in 10 buyers have seen their house purchase fall through after making an offer - typically leaving them almost £3,000 out of pocket as a result. Read more…

Labour and skill concerns around Brexit from Knight Frank
Friday 17 June 2016

An increasing number of positive and negative aspects are becoming apparent around the UK’s possible exit from the EU. Some are quite obtuse but one that is a concern to the housing sector and house building targets is the threat to the supply of foreign labour. Read more…

New Official House Prices Index launched
Thursday 16 June 2016

On 14 June 2016 the new Official House Prices Index (HPI) was launched. The index replaces those previously produced by the Office for National Statistics, Land Registry, Land and Property Services Northern Ireland and Registers of Scotland. The aim of the index is to provide an authoritative and comprehensive picture of house prices across the UK. Read more…

How do you deal with under-performing staff?
Friday 03 June 2016

Employee’s work performance can suffer at any time and this can happen for a variety of different reasons – ill health, issues with personal life, lack of interest. So what do you do when these issues arise? Read more…

Financial help for owners affected by HS2
Wednesday 01 June 2016

On 26 May 2016 the Department for Transport announced that it has extended its compensation and assistance measures for eligible persons living near the HS2 route between the West Midlands and Crewe, known as the phase 2a route. Read more…

Law Commission publish analysis of responses to consultation on event fees
Thursday 02 June 2016

On 25 May 2016 the Law Commission published analysis of the responses received to their Consultation Paper on Residential Leases: Fees on Transfer of Title, change of Occupancy and Other Events. The Law Commission received 168 responses to the consultation including a submission from the NAEA. Read more…

New National Strategy to combat money laundering on the Isle of Man
Friday 20 May 2016

In March the Isle of Man Government released its new National Strategy to combat money laundering and the financing of terrorism. Read more…

Congratulations Sharon Smart NFoPP Awards' Student of the Year
Friday 20 May 2016

NFoPP Awarding Body held its annual NFoPP Awards ceremony in true style at the prestigious Banking Hall in London on Friday 13 May. The annual awards were open to anyone who achieved an NFoPP Awarding Body qualification during 2015. Could you be in the running for next year? Read more…

What is the Beneficial Ownership register?
Friday 20 May 2016

As part of the recent international Anti Corruption summit David Cameron made a headline grabbing announcement that foreign companies (currently estimated to hold more than 100,000 UK properties) will have to reveal their true owners. Read more…

US Congressional visit
Thursday 19 May 2016

NAEA President Martyn Baum and MD Mark Hayward recently fitted in a brief visit the US to attend the Realtors Legislative Meeting at the US Congress. Read more…

Voting in EU Referendum
Thursday 19 May 2016

The UK populace faces a fork in the road on 23 June and the government are keen to make sure that all eligible votes are registered, empowered and have their say. Your vote could be the difference between remaining in the EU and leaving. You can vote in person, by proxy or by post. If you, your staff or clients are not already registered to vote, you need to do so by 7 June. Read more…

FOUR AND A HALF MONTHS IN, ARE YOU LOGGING YOUR CPD?
Monday 09 May 2016

Continuing professional development (CPD) is essential to NAEA membership. NAEA members have to meet high standards to join and it's a requirement of membership that you continue to learn and develop your professional skills - this is what makes you stand out from your competitors. Read more…

True excellence in training
Friday 06 May 2016

Shortlisted candidates have been notified, the menu has been selected and final preparations are being made for the biggest event to celebrate training in the property industry. Read more…

MP debate ahead of the PM's Anti-Corruption Summit
Friday 06 May 2016

Last Tuesday, as part of preparations for the Prime Minister’s Anti Corruption summit taking place this Thursday, MPs took part in a Westminster Hall debate. Read more…

Are the best school leavers considering joining your company?
Friday 06 May 2016

NAEA is working to encourage more school leavers to consider a career in estate agency. Our Property Professional Careers work consists of several projects which aim to attract high calibre candidates from a broad range of backgrounds to join the property industry. Read more…

What's going on with our Trailblazer?
Friday 06 May 2016

In recent weeks the Trailblazer group has consulted employers in the sector to gather feedback on the apprenticeship standard. The standard details the knowledge, skills and behaviours that the profession would expect a 16-18 year old newcomer to the industry to attain at the end of the one-year apprenticeship programme. Read more…

Competing with pure online agencies
Thursday 21 April 2016

There’s a new breed of competitors in town. Actually, they’re not in town, but they’re making a lot of noise. They are the pure-play online agents, who operate away from the high street, and who use the power of the internet to attract and service their customers. Your customers. Read more…

ARLA's campaign for compulsory CMP takes a positive turn
Friday 22 April 2016

There was welcome news for ARLA's campaign for mandatory Client Money Protection (CMP) last week as the amendment was added to the Housing and Planning Bill after being accepted by Government at report stage. Read more…

Transparency and anti-corruption
Thursday 21 April 2016

There's been a lot of action over the last couple of weeks aimed at tackling corruption and increasing transparency from both Parliament, in the form of a Private Members Bill which aims to create a register of property owners for London, and the Government who announced a taskforce following the release of the Panama Papers. Read more…

ICO says understanding of Data Protection needs to improve
Thursday 14 April 2016

The Information Commissioner's Office has released its findings from an enquiry aimed at gaining a better understanding of the data handling practices, information risks and challenges facing organisations in the residential sales and lettings sector. Read more…

House of Commons Library release detail on planning reforms
Friday 08 April 2016

The House of Commons Library released its briefing paper detailing the various planning reforms proposed by the Government. Read more…

NAEA response to consultation on Beneficial Ownership Transparency
Tuesday 05 April 2016

The BIS consultation on Beneficial Ownership Transparency aimed at preventing corruption in the UK has now closed. We said that the current system makes it extremely difficult for Estate Agents to determine the beneficial owner when a property is owner by a foreign trust or corporate entity and gave our reasoning for implementation of the new register. Read more…

Labour consultation on housing policy
Friday 08 April 2016

You have until 8 June to make your views about housing policy known to the Labour party. Ideas and solutions will then be discussed a the National Policy Forum in the summer. Read more…

NAEA on the radio - SDLT
Thursday 07 April 2016

The 3% stamp duty surcharge came into effect on 1 April for buy-to-let properties which sees stamp duty go from £2,500 to £10,000 on a typical £250,000 property. This meant that many investors were keen to get deals done to avoid paying more post 1 April. Read more…

Back to basics - what are NAEA Masterclasses?
Wednesday 06 April 2016

To be at the top of your game as a property professional, you need to understand the frequently changing legislation that governs your industry, and how it impacts on your business. Doing so will ensure you can continue to offer the best advice to your clients, win new business and earn that commission! Read more…

House Price Index shows a massive 7.9% increase
Wednesday 06 April 2016

It's been a busy month for the ONS, having released their latest House Price Index report which shows a massive 7.9% increase in house prices across the UK, and also announcing a big shake up in the way the report will be produced. Read more…

Government plans for 1 in 5 new builds to be a Starter Home
Monday 04 April 2016

DCLG have announced its plans to introduce legislation that will ensure 1 in 5 new homes on sites of 10 or more must be Starter Homes. Read more…

50% price premium for best river views of the Boat Race
Monday 28 March 2016

Following Sunday’s annual Cancer Research UK Boat Race, analysis from London estate agents Marsh & Parsons finds that homes with all-year-round views of the Thames can attract price premiums of over 50% compared to ones without. Read more…

Primary Authority agreement now extends to Scottish members
Wednesday 23 March 2016

NFoPP’s Primary Authority partnership with Warwickshire County Council’s Trading Standards Department continues to develop with more member companies being enrolled in to the partnership on a weekly basis. Read more…

Budget 2016 - was it a sweet deal for the property sector?
Wednesday 16 March 2016

With the furore of the 2016 Budget now over, we take a look at some of the biggest announcements that Chancellor George Osborne made. You've probably heard how it wasn't a sweet success for the drinks industry, but what about the property industry, planning policy, businesses and employees? Read more…

£50 million in charitable bonds for Scotland
Monday 21 March 2016

Four housing associations will benefit from this year's £25 million bonds – Kingdom in Fife, Eildon in the Borders, Orkney and Ayrshire. A further £25 million is earmarked for 2016-17. Read more…

Electoral Registration and why it's important for movers
Wednesday 16 March 2016

For house buyers, informing the Local Electoral Registration Officer that they have moved home is probably not top of their list when dealing with the challenges and demands of a house move. However it is important for a number of reasons, not just voting - and it is a requirement in law. Read more…

Have your say on 'upward extensions' in London
Monday 14 March 2016

London is in dire need of more property, but is also short on ground space. In order to address this problem DCLG and the Mayor of London are proposing changes to planning policy trying to make it easier to build upwards. Read more…

Deposit protection all under one roof
Monday 14 March 2016

Belvoir Leamington Spa currently have over 300 tenancies registered with Tenancy Deposit Scheme (TDS) Insured, and with the launch of TDS Custodial on 1 April, TDS will be pleased to welcome Belvoir Leamington Spa’s custodial business into the TDS family. Read more…

Help end corruption within the property sector
Friday 11 March 2016

In a bid to help prevent the UK from being a safe haven for corrupt money from around the world, the Department for Business Innovation & Skills has began a consultation entitled Beneficial Ownership Transparency. Read more…

NAEA Conference 2016 receives rave reviews
Wednesday 24 February 2016

NAEA London Forum, held at the London Lancaster Hotel last Tuesday has received rave reviews from across the industry. Read more…

Don't forget to check out our handy CPR forms
Thursday 25 February 2016

If you've attended any of our recent Masterclasses you'll have heard Mark Hayward make reference to the importance of disclosing information that would affect the 'average consumer's' decision to buy. Read more…

Scottish Government respond to Finance Committee on LBTT
Tuesday 23 February 2016

Earlier in the year we submitted our response to the Scottish Finance Committee's consultation on LBTT changes. Read more…

Mortgage repossessions on downward spiral
Wednesday 17 February 2016

The Ministry of Justice has released their quarterly figures showing Mortgage and Landlord Possession Statistics for England for the forth quarter of 2015. Read more…

Scottish Finance Committee endorses NAEA's recommendations
Friday 12 February 2016

The Scottish Parliament’s Finance Committee has published its Stage 1 Report on the Land and Buildings Transaction Tax (Amendment) (Scotland) Bill and recommended two issues to the Scottish Government that were highlighted by NAEA. Read more…

Scottish rate of income tax change
Friday 12 February 2016

The Scottish Rate of Income Tax (SRIT) comes into force on 6 April 2016, meaning some of the Income Tax paid by people living in Scotland will go to the Scottish government - at a rate set by the Scottish Parliament. Read more…

NAEA gives evidence to the Scottish Parliament
Wednesday 10 February 2016

On Wednesday 3 February 2016, Daryl McIntosh NAEA’s Business Development Executive attended the Scottish Parliament and gave evidence to the Finance Committee about the proposed LBTT supplement on additional residential properties. Read more…

Our response to Law Commission's consultation on residential leases
Friday 29 January 2016

Following on from last week's newsletter where we raised awareness on 'event fees', we're pleased to announce that we have now submitted our official response to the Law Commission's consultation on Transfer of Title and Change of Occupancy Fees in Leaseholds. Read more…

LBTT supplement for second homes in Scotland
Friday 29 January 2016

A couple of weeks ago we reported on the Scottish Government's proposal for the introduction of a 3% LBTT supplement on second homes. We submitted our own written response before the Scottish Finance Committee's consultation ended, providing reasoned arguments for the pros and cons of the issues raised. Read more…

Buckle up for an adrenaline fuelled day of racing for charity
Thursday 28 January 2016

After the successful launch of the Agency Express Soapbox Challenge in 2015, Agency Express are pleased to announce that on 25 June at Penn House Estate, Buckinghamshire the challenge is returning for a second year of fast paced fun and it’s all in aid of Agents Giving. Read more…

NAEA informed about developments in Anti Money Laundering supervision
Monday 18 January 2016

The National Association of Estate Agents has received a letter from HM Revenue and Customs (HMRC) informing them about developments in HMRC Anti Money Laundering supervision (AMLS). Read more…

ARLA Licensed agent launch unique online stamp duty calculator
Monday 18 January 2016

ARLA Licensed agent Romans have released an updated version of their online Stamp Duty Calculator following the announcement of forthcoming surcharge for buy-to-let properties and second homes. So you can now easily compare what you are currently paying to what you will pay come 1 April. Read more…

NAEA supports Law Commission proposals on ‘event’ fees
Monday 18 January 2016

The National Association of Estate Agents is supporting the Law Commission in its quest for the introduction of stringent codes of practice to require developers, operators and managing agents to bring ‘event’ fees to the attention of prospective buyers. Read more…