Worries flagged up over agents mis-selling deposit replacement products. Is this the next PPI?

Deposits, Letting Agents, Letting Law

Suppliers themselves are admitting that there has been mis-selling by agents of tenancy deposit replacement products. One provider has revealed that it has dropped agents for mis-selling its product or pressurising tenants. It also asked for agents to be ‘grassed up’ where there are suspicions of mis-selling. Another supplier has claimed that there is a mis-selling of some insurance-based products, …

Land Registry records 5% drop in residential registrations for 2019

Investment Sales, Market Report, Property sales, Sales

The number of residential property sales lodged at the Land Registry declined by 5.6% last year, official data shows. The Land Registry’s latest Price Paid Data report shows it received a total of 994,246 registrations for residential property sales during 2019, down from 1,054,260. This is not necessarily a reflection of total sales as there is a time lag between …

We warned you! Government told of rising rents thanks to fees ban

Fee Ban, Investment Sales, Market Report, Rent, Rent Control

The Association of Residential Letting Agents says the number of tenants successfully negotiating rent reductions has hit an all time low – another likely manifestation of landlords’ resolve after the fees ban. The latest ARLA market snapshot shows the number of tenants negotiating a rent reduction fell to 1.1 per cent last month from 1.6 per cent in November; the …

What a knockout! Amir Khan’s Bolton mansion for sale

Property, Property sales, Uncategorized

Take a look around the luxurious pad of one of the country’s leading sports stars… Former boxing light-welterweight world champion Amir Khan is selling his £1.5million mansion in Lostock, Bolton. The plot, close to the boxer’s hometown, comprises of two properties including a six-bedroom detached property AND a four-bedroom bungalow. The 3500ft2 mansion, which the former I’m A Celebrity camp mate brought back …

These are the most unusual homes we saw on Rightmove in 2019

Property, Property sales, Uncategorized

There are hundreds of thousands of incredible homes showcased on Rightmove every day and we love to shout about the quirkiest properties we find. So to round off 2019, we’ve scoured the website high and low to pick five of our favourite and just downright unusual homes of the year. From a Victorian bathhouse that’s been converted into an indoor …

Optimism returns to U.K housing market in post-election bounce.

Buy to Let, Investment Sales, Market Report, Property sales, Sales

The housing market is springing into life after December’s election result delivered much-needed stability for home-movers, new Rightmove data has revealed. There has been a 2.3% surge in the price of property being listed for sale, the largest monthly rise we have ever recorded at this time of year, with many signs pointing to an active spring market ahead. Commenting …