Cladding and leasehold issues combine in a nightmare scenario for homeowners

Friday 29 November 2019

Sales of flats are being blocked by valuers who are declaring them to be worthless until more is known about the external cladding material on the block.

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Major GDPR fine sends warning to property professionals

Thursday 28 November 2019

UK agents should take stock of their data collection and retention procedures, following the news that a Berlin property company has been fined more than €14.5m (£12.4m) due to a GDPR breach.

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Political uncertainty leaves housing market in limbo

Tuesday 26 November 2019

The number of prospective buyers and the supply of available housing both fell in October according to NAEA Propertymark's Housing Market Report.

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£57,938 raised by Propertymark in aid of homelessness charity

Friday 22 November 2019

More than 100 Propertymark agents and supporters took part in a charity sleep out for Centrepoint, a charity helping homeless young people in the UK.

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Government did not build pledged starter homes

Thursday 21 November 2019

A government plan to deliver 200,000 pledged starter homes did not result in any homes being built, the National Audit Office (NAO) has found.

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Criminal family surrenders 16 properties worth £8.1 million to the NCA

Monday 18 November 2019

The National Crime Agency (NCA) has won a significant victory in recovering the proceeds of crime after a family behind a collapsed holiday home business agreed to surrender property and cars worth £8.1 million.

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TPO revises fees, charges more for agents who generate complaints

Monday 18 November 2019

The Property Ombudsman (TPO) scheme’s fees will increase in January for the first time in six years. A fair usage policy will also be implemented, meaning those who generate the most complaints will pay more for their membership. Propertymark members will retain their membership discount.

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Air pollution disclosure may become more important in sales

Monday 18 November 2019

Estate agents may see an increase in queries about air pollution figures from homebuyers, as a non-profit campaign to bring the data into general use steps up its efforts.

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Buy-to-let mortgages stable despite overall market slowing

Wednesday 13 November 2019

Latest data has revealed an overall slowdown in mortgages despite the stability in the buy-to-let market with an expected further growth of one per cent in the next quarter.

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Council of Dragons to advise Government on proptech

Monday 11 November 2019

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.

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Internal communications lapse led to huge fine for estate agent

Thursday 07 November 2019

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.

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General Election 2019 – Time to regulate and reform the Housing Sector

Monday 04 November 2019

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.

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Bournemouth estate agent ordered to pay for misleading customers

Friday 01 November 2019

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.

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