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Latest data has revealed an overall slowdown in mortgages despite the stability in the buy-to-let market with an expected further growth of 1 per cent in the next quarter.
Housing Minister Esther McVey has unveiled a new expert advisory council dedicated to the digital transformation of the property sector. The new Proptech dragons will advise ministers on how to support and grow the sector further, making it easier and cheaper to plan, build and buy new homes.
Agents are encouraged to review their internal communications procedures, after a prominent Reading estate agent was fined for failing to disclose that a flat was cladded with Aluminium Composite Material (ACM) until minutes after the sale was completed.
Ahead of the political parties finalising their manifestos for the forthcoming General Election, Propertymark has published its own ‘manifesto’ calling on the new Government to regulate and reform the housing sector.
A Bournemouth estate agent must pay out tens of thousands of pounds for misleading its customers and allowing one of its employees to value a house they wanted to own.
Sewage discharge legislation is changing, with the deadline for changes to be made – 1 January 2020 – fast approaching. The General Binding Rules (GBR) for small sewage discharges (SSDs) have been put in place to protect England’s river and streams from pollution caused by septic tanks and other small-scale sewage treatment plants.
NAEA Propertymark’s September Housing Report has shown that sales to FTBs increased to the highest level seen since February. Year-on-year, this is an increase of 8 percentage points from September 2018 when it stood at 22 per cent.
The cost of selling a home through a high street estate agent can vary by as much as 261 per cent depending on your postcode, according to research by Which? Money.
Brokers and financial advisers will be better able to check the likely success of their clients Help to Buy: Equity Loan applications, following an update to the Homes England sustainability calculator.
The north of England has the potential to become a world-leader in the creation of modern, high-quality homes, Housing Minister Esther McVey suggests.
The winners of the Propertymark Qualifications Awards were announced on 23 October, celebrating learners and those who commit to their professional development.
Housing minister Esther McVey has announced plans for a new data and technology drive, to aid homebuilders and communities throughout the UK. McVey said the proposals will help small and medium-sized enterprise (SME) homebuilders to find build sites.
NAEA Propertymark Chief Executive Mark Hayward will host property professionals from all over Europe this week, as the European Association of Real Estate Professionals (CEPI) meets in London.
National Trading Standards Estate and Letting Agency Team (NTSELAT) issued Guidance in early 2019 on Transparency of Fees Involving Property Sales. It aims to ensure that consumers are equipped with all relevant information before making a transactional decision.
With so much change for agents in Wales in 2019, the delegates at the Propertymark Wales National Conference heard a legislative reminder on anti-money laundering, referral fees and the regulation of the industry.
The average homeowner in the UK could be £352,500 better off than the average private renter over the next 30 years, new research from the Intermediary Mortgage Lenders Association (IMLA) says. However, the report also outlines the financial and social barriers that younger people face in becoming homeowners and suggest that rising house prices may not be the main cause.
Plans for a new national model for shared ownership will help thousands of lower earners step onto the housing ladder. A package of measures to help people on lower incomes get onto the housing ladder have been confirmed by Housing Secretary Robert Jenrick.
The latest UK House price index shows that, on average, house prices have risen by 0.8 per cent between July and August 2019. An annual price rise of 1.3 per cent makes the average property in the UK valued at £234,853
Meeting advertising requirements may not be the first thing you think of when you think Help to Buy. But it’s very important when advertising to homebuyers interested in the Government’s Help to Buy: Equity Loan scheme. If you don’t know the rules you may mislead customers, and be suspended from the scheme.
Reservation Agreements locking home buyers and sellers into a transaction could be tested in a limited trial next year if Ministers see merit in it.
New mortgage data reveals the number of first-time buyers getting a mortgage, and a foot on the property ladder, increased to 35,010 in August 2019.
Propertymark Industry Supplier, OneDome, is using a range of digital tools to simplify the property journey for home buyers and sellers. These tools also help businesses generate more revenue opportunities.
A solicitor who allowed his client to overpay for a property has been struck off by the Solicitors Disciplinary Tribunal.
First time buyers in England buying a new home using the Government’s Help to Buy Equity Loan scheme are paying on average 10 per cent more than those buying new homes without Help to Buy, research from reallymoving has discovered.
Homes close to parks, gardens, playing fields and other publicly accessible green spaces in urban areas of England and Wales are more expensive than they would be if they were further away, Office for National Statistics (ONS) analysis reveals
In today’s Queen’s Speech, it was announced that ministers will introduce a raft of new measures including the introduction of a New Homes Ombudsman.
This year’s World Mental Health Day put mental wellbeing firmly under the spotlight. Richard Gould, Director of Commercial at Howden Employee Benefits & Wellbeing, considers the proactive steps we can all take to look after our mental health.
David Henwood, from Clive Emson Land and Property Auctioneers, has been named NAVA Propertymark Novice Auctioneer of the Year.
A final proposal for a member’s bill to improve protection for buyers of new-build homes has been lodged at the Scottish Parliament. Graham Simpson MSP submitted draft proposals in April for a bill establishing standards for the sale of new-build homes, and redress for purchasers who experience construction defects.
The Government has responded to the Public Accounts Committee’s (PAC) report “Planning and the broken housing market”, and has agreed with recommendations that the Government should set out what measures to take when local authorities fail to produce local plans.