The government has published long-awaited guidelines for the implementation of Minimum Energy Efficiency Standards in the private rental sector. The hefty 95-page document has been distilled into a more user-friendly format by the Association of Residential Letting Agents - more details on this latest in the story. The full guidance sets out who the new [...]
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A landlord has been fined over £15,000 after failing to maintain gas appliances at the domestic property in Haverfordwest. Llanelli Magistrates’ Court heard how the property owned by Gous Ahmed was visited by the Pembrokeshire council officers in late 2014. In February 2015 the same premises was visited by British Gas and it was deemed [...]
Purplebricks last night appeared on prime time TV rejected claims that it has led vendors “up the garden path”. On the Watchdog programme on BBC1, one seller complained that their Local Property Expert was in fact based 30 miles away. Another complained that the Purplebricks advert on TV said it would “hold her hand” but [...]
The latest data and analysis from Nationwide has revealed that UK house prices rose 1.1% month-on-month in June, reversing the previous three months’ falls. According to the lender, annual house price growth has risen to 3.1% and the gap in house price growth between the strongest and weakest performing regions in Q2 is now the [...]
A third of first-time buyers have given up being self-employed to have a better chance of getting on the property ladder. Despite Chancellor Philip Hammond talking up the benefits of self-employment, research from Aldermore Bank has found that 68% of self-employed first-time buyers think that getting on the property ladder is difficult and three in [...]
Conveyancers have called for up-front information to be made available to would-be purchasers, and also for a secure portal where all parties can track the progress of transactions, in ideas reminiscent of Home Information Packs and the ill-fated Chain Matrix. The Conveyancing Association has launched a ‘white paper’ discussing ideas to improve the home-moving process in [...]
Average asking prices for houses across England and Wales have rebounded to near record levels in October, according to the latest monthly survey from the Rightmove property website.The average asking price for a property coming to market this month stands at £309,122, almost one per cent higher than September and just £1,349 below the record [...]
Monday, 25 July 2016 The number of first time buyers in the UK increased by an estimated 10% in the first six months of 2016 compared with the same period in 2015, according to new research. Overall there were an estimated 154,200 first time buyers in the first half of 2016 compared with 140,500 in [...]
House prices and sales will take at least a short-term hit following the vote to leave the EU, but sterling’s slump could lead to a “Brexit bubble” in the most expensive parts of the market, property experts have warned. Shares in housebuilders – a bellwether of the UK property market – were the worst-hit stocks [...]