It was recently revealed that reservation agreements – locking buyers and sellers into a deal to prevent fall-throughs and chains from collapsing – are to be trialled by some agencies and conveyancers in early 2020.
It's a popular practice for the media to slam agents for the high commission fees they charge, but new research has revealed that the typical estate agency fee paid by a seller has actually fallen by 1% in the past year
In one of the most ground-breaking industry announcements for many a year, the Regulation of Property Agents (RoPA) working group finally released its 54-page document proposing root and branch reform of the agency industry in mid-July.
The recommendations of an independent review into selective licensing in the private rented sector were recently announced
The field of contenders to replace Theresa May as the next Conservative Party leader and Prime Minister is being whittled down
For a robust property market functioning at its peak, demand needs to be high, supply needs to be steady and sales need to be going through on a regular basis.
We've looked in the past at the importance of protecting data and complying with new data protection legislation, and why a secure system is vital for agents in preventing money laundering and other suspicious activities from taking place.
Its been a long time coming, and has provoked plenty of debate criticism since Philip Hammond first put the proposals forward to ban letting fees in his November 2016 Autumn Statement, but the Tenant Fees Act finally comes into play on June 1.