Overpricing properties extends sales times, data shows
Properties priced above market value are taking significantly longer to sell, according to data from multiple property indices, with homes requiring price reductions spending an average of 91 additional days…
Zoopla launches training series for estate agents
Zoopla has released a video training programme aimed at helping estate agents improve their conversion rates from valuation leads to instructions. The six-part series, hosted by estate agency consultant Ian…
Luton landlord licensing schemes proceed after legal defeat
Luton Borough Council has successfully defended its landlord licensing schemes after a campaign group’s legal challenge was rejected at multiple court levels, including a final refusal by the Supreme Court…
UK house prices decline for third consecutive month
UK house prices fell 0.1% in May to £298,806, marking the third consecutive monthly decline, according to data from Halifax. The drop defied analyst expectations of a 0.1% rise and…
Secure Trust Bank provides £3.7m Nine Elms refinance
Secure Trust Bank Real Estate Finance has provided a £3.7 million refinance for property investor Prime Cities, secured against seven apartments at Embassy Gardens in Nine Elms, south London. The…
Waterfront properties listed across England and Scotland
Five residential properties with water views have been listed for sale across England and Scotland, ranging from £275,000 to £1.5 million, according to estate agents marketing the homes. In Wandsworth,…
London rental growth stable despite new legislation
London landlords have maintained consistent rental growth rates following the introduction of the Renters’ Rights Act, according to new data from Benham and Reeves. Rents in the capital increased by…
Tenant unions launch online tool to challenge rent increases
The London Renters Union has launched an online tool to assist tenants in challenging rent increases under powers introduced by the Renters’ Rights Act. The initiative, branded as the Resist…
Conveyancing regulator finds transparency gaps in referrals
The Council for Licensed Conveyancers (CLC) has published interim findings revealing transparency issues in referral arrangements between conveyancers and estate agents, with almost half of examined practices lacking proper documentation.…
Off-plan buyers gain £26,000 before completion, data shows
Buyers purchasing new-build properties off-plan in London have seen average gains of £26,000 before completion, according to analysis by Foxtons. The estate agency’s data shows that new-build house prices across…