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Council launches ‘food hygiene’ style categories for letting agents

By |2019-02-28T10:02:35+00:00February 28th, 2019|Property News|

A council in the west country has launched a grading system for property agents which it says is designed to be similar to the well-known ‘food hygiene rating scheme’ used by authorities around the UK. Teignbridge council in Devon says its Property Agent Rating Scheme will see participating agents displaying window...

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Spending slashed on policing rogue operators in the private rented sector

By |2019-02-28T10:02:36+00:00February 28th, 2019|Property News|

New figures from a leading trade body suggest that councils across England have cut by a quarter the amount they are spending on dealing with rogue operators in the private rental sector compared with a decade ago. According to the Residential Landlords Association, whilst spending by local authorities in England on...

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Another independent agency bites the dust as lettings sector consolidates

By |2019-02-28T10:02:39+00:00February 28th, 2019|Property News|

North Wales agency Dafydd Hardy has snapped up small independent Smith & Wypler as part of a new growth strategy.  Smith & Wypler, based in Llandudno, was established 16 years ago and has been run by husband and wife team Jenny and Steven Wypler; the couple are now retiring.  “We are delighted...

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Massive pay-out: council gives £100,000 to landlord after slander claim

By |2019-02-28T10:02:37+00:00February 28th, 2019|Property News|

Doncaster council has paid £100,000 to a private landlord who threatened to take it to court over alleged slander.  Local media outlets say Rod Bloor claimed the council had made unfounded remarks about his honesty to people who were looking to use his services to rent property. According to the Doncaster Free Press...

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London offers ‘improved yields’ as market shows signs of bottoming out

By |2019-02-28T10:02:41+00:00February 28th, 2019|Property News|

There are growing signs that the London housing market may have bottomed out, fresh analysis shows. Property prices in the capital have dropped in recent years with prime London values seeing the sharpest fall. They are now close to 20% below their peak of 2014, according to various property indexes. But there are now...

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Birmingham and Manchester benefit from Brexit blues

By |2019-02-28T10:02:42+00:00February 28th, 2019|Property News|

Despite Brexit, homebuyers, including buy-to-let investors, in the north of England are showing much more confidence than those in the south. Since June 2016, a total of 10 UK cities have achieved double-digit house-price growth, of which a grand total of seven are in the north of England and only one...

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Barclays expands BTL range and reduces rates

By |2019-02-28T10:02:46+00:00February 28th, 2019|Property News|

Barclays launched two new buy-to-let products and cut rates on existing deals this morning.  The newly launched products include a 60% loan-to-value (LTV) five-year offering at 2.41% and a 60% LTV two-year fix at 2.33%.  Both new mortgages have no product fee and a maximum loan value of £1m. The 1.59% two-year fixed...

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Selective licensing for private landlords could be introduced in Walsall

By |2019-02-28T10:02:44+00:00February 28th, 2019|Property News|

Walsall Council is considering introducing new selective landlord licensing in Walsall town centre and Willenhall with a view to raising standards in more privately rented homes in the local area. A new report from the Private Rented Housing Sector and Selective Licensing Working Group, made up of cross-party councillors and officers from...

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BTL landlord secures £100,000 payout following ‘slander’ claim row

By |2019-02-28T10:02:43+00:00February 28th, 2019|Property News|

A buy-to-let landlord who threatened to take Doncaster Council to court over alleged slander has secured a £100,000 payout from the local authority. Landlord Rod Bloor, who previously owned 100 homes in the borough, provided these properties to vulnerable people at the request of Doncaster Council, but his relationship with the...

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Client Money Protection: more providers win government approval

By |2019-02-27T10:02:34+00:00February 27th, 2019|Property News|

Propertymark’s Money Shield service and the National Approved Letting Scheme have each received government approval to operate Client Money Protection schemes. From April 1 it will be mandatory for all letting agents and property managers in England to be a member of an approved client money protection scheme or face fines...

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