House price data for October 2019 has been released by HM Land Registry, showing that UK house prices fell in the month to October 2019, but have raised 0.7 per cent year on year.
More than £260 million has been committed by the Prime Minister for local authorities to support people who are homeless or at risk of losing their homes.
The Statutory Instrument implementing the new anti-money laundering rules was laid in Parliament on Friday 20 December 2019. This confirms that the Fifth Money Laundering Directive will come into force in the UK on 10 January 2020.
With so many political upheavals, it’s been a challenging year for landlords and homeowners, and we hope the New Year can bring some much-needed certainty. Propertymark asked its members to share their predictions for the buying and selling market, looking ahead to 2020.
The Government has made its plans for the new parliament public in the Queen’s Speech.
Three Berkshire estate agents have been fined more than £600,000 for illegally fixing the minimum commission rates they charged their customers.
The number of sales agreed fell to the lowest seen in eight months whilst sales to first-time buyers rose in November, according to NAEA Propertymark's Housing Market Report.
Estate agents face a number of challenges in 2020 with regulation looming, increased AML directives, monitoring of referral fee transparency, and a change of Government with new policies and priorities. Propertymark has some suggestions on getting yourself and your business ready for whatever 2020 has to bring.
Invasive bamboo is becoming a problem for homeowners, Environet UK warns. The company, who specialise in the removal of problem plants, issued a warning about the tenacious nature of bamboo, which is increasingly causing disputes between neighbours.
The National Crime Agency has released its annual report on Suspicious Activity Reports (SARs) in relation to money laundering and terrorist financing. Estate agents made 635 SARs reports in the past year, which made up 0.13 per cent of total SARs and is 10.56 per cent fewer than last year.
Brexit and the General Election result pose two of the biggest risks to the stability of the housing market in 2020, the Building Societies Association’s quarterly Property Tracker survey reveals. A rise in the cost of living and weak economic growth is also significant perceived risks.
Before the political parties finalised their manifestoes for the General Election on 12 December, Propertymark published its own ‘manifesto’ calling on the new Government to regulate and reform the housing sector. How do the major parties’ manifestoes meet Propertymark’s calls on the issues the property industry faces?
Propertymark has analysed its sales and lettings data to reveal trends from the year. Supply has dropped considerably over the past decade while demand has increased, but year-on-year has remained relatively stable in the face of Brexit uncertainty.
You will often hear technology companies refer to ‘the cloud’, whether it be cloud computing, cloud storage or even cloud software, but what does the cloud really mean? Ross Jezzard ARLA Propertymark Board Member, takes a look.
Estate agents were trusted by only 30 per cent of respondents, though still rated more trustworthy than journalists, Government ministers, advertising executives, and politicians.
Agents must be aware of the need to conduct due diligence checks on material information, as vendors from Oxfordshire are being sued for damages after claims they failed to disclose accurate information to their buyers.