In keeping with the zeitgeist, commentator Christopher Watkin gives three routes to generate those much needed listings, Nicola Broomham provides practical advice on recruitment and we outline the implications of the Fire Safety Act for members in England and Wales.
September saw the reduction in the number of properties selling over the asking price drop to 27 per cent from 37 per cent in August which could be a signal of the end of the bidding wars.
Propertymark is working with Etive and other industry stakeholders on a project to develop a digital identity trust scheme for the home buying and selling sector.
Clauses which see ground rents doubling in price every ten or fifteen years are to be removed from contracts supplied by Countryside Properties (Countryside).
Propertymark members report sophisticated counterfeit documents are passing even the most vigorous reputable referencing agency checks.
Andrew Parker, MD and Auctioneer at SDL Property Auctions is a strong proponent of technical innovation but also believes human relationships are just as, if not more, important than ever in the 21st Century.
HOUSING REPORT: One in three properties (32 per cent) sold for more than the original asking price—the highest figure on record which massively raises the bar from 19 per cent set in May 2014.
We have teamed up with Hipla whose distinctive platform combines our Property Information Questionnaire (PIQ) with the Law Society’s transaction protocol forms: TA6, TA7 and TA10.
NTSELAT has launched a consultation to gather information to develop guidance as to what should be considered material information on property listings and portals.
Market activity continues to grow and the appetite from prospective buyers is such that many properties are not being listed on the property portals, as agents focus on fulfilling Consumer Protection Regulations, completing Property Information Questionnaires, and marketing properties to those proceedable buyers, already registered with the agency.
Yesterday, 12 April 2021, the UK Government amended advice on house moves following the easing of restrictions in England. Following measures to re-open retail in England, there is now more flexibility for branch managers to allow unscheduled visitors, however, adherence to safety guidance remains paramount.
With current figures showing long lead times for buying and selling property, HM Land Registry tools will help those involved speed up the process, including its fast-track service and incoming national Local Land Charges (LLC) register.
The Chancellor announced a new policy to support homebuyers who can only afford a five percent deposit with a mortgage guarantee. The scheme is not applicable when buying second homes or buy-to-let properties.
HM Land Registry has launched its first Digital Identity Standard to make identity verification safer and more convenient for anyone buying property in England and Wales.
HOUSING REPORT: Our November report confirms back-to-back record-breaking months as November 2020 becomes the busiest November on record for housing demand and sales.
The Generation Buy Scheme will give first-time buyers the chance to take out a long-term fixed rate mortgage of up to 95 per cent of the value of the home.