PropTech company RentProfile has launched Onboarding, a product designed to automate and streamline the set-up and management of new tenancies during COVID-19. Onboarding removes the need for physical interactions and paperwork by remotely managing tenancy creation, agency terms, referencing, electronic signing of tennacy agreements, as well as the setting up of deposits and rent. Paul […]

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Liverpool estate agent Adam Sutton has warned that house prices could fall once the coronavirus recession kicks in. Adam Sutton, founder of Adam Sutton Estates, spent years working in the real estate sector in London’s Canary Wharf before setting up his own property selling business in Liverpool. He said: “Houses prices plummeted by an average […]

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The National Trade Standards has recommended for the introduction of legislation requiring agents to display referral fees. Mark Hayward, chief executive of NAEA Propertymark, said: “New legislation which will require agents to display referral fees is a step forward, providing clarity to agents that they mustn’t fall foul of the law but importantly ensuring greater […]

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Virgin Money has cut various buy-to-let mortgage rates – including its 75% LTV 2-year fix, which was reduced by 0.30% to 1.84% with a £995 fee. The lender’s 60% LTV 2 and 3-year fixes with a £1,995 fee have both been cut by 0.09% to 1.67%. Meanwhile Virgin’s 60% LTV 5-year fix has been reduced […]

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Propertymark has announced its partnership with Ellis Whittam to provide support estate and letting agents. The partnership means that Propertymark’s nationwide membership now has access to 24/7 on call legal advisory advice, as well as a range of online tools and templates to assist them through current operating challenges brought about by COVID-19. Ellis Whittam […]

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The number of dwellings where building work started stood at just 15,930 in Q2 2020, a 52% fall compared to Q1 2020, statistics from the Ministry of Housing, Communities & Local Government (MHCLG) show. Similarly, the number of new builds completed was 15,950 in Q2 2020, a 62% drop compared to Q1 2020. Andy Sommerville, […]

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Property price inflation rose to a four year high of 5% in September, Nationwide’s House Price Index has found. The annual rate of inflation has risen from 3.7% in August. In September prices averaged at £226,129, following a 0.9% rise month-on-month. Robert Gardner, Nationwide’s chief economist, said: “The rebound reflects a number of factors. “Pent-up […]

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Shanly Homes’ Drake Lodge in Amersham is set to launch off-plan on the 15th October.  Drake Lodge offers eight one and two-bedroom homes. Residents will be able to reach London Marylebone in 32 minutes via the overground service, and Kings Cross St Pancras in under an hour via the underground. Matthew Brazier, sales director at […]

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The National Landlord Investment Online is hosting its first ‘Super Show’ on the 8th October, focused on the Midlands, Manchester and the North. There will be a selection of exhibitors and speakers covering aspects of buy-to-let including tax, finance, investment, HMO, education, legal, and insurance. Partnering with a digital events platform, the National Landlord Investment […]

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