Chancellors Group to launch Swindon branch

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Chancellors Estate Agents will open a branch in Swindon in February 2020. Situated on the town’s busy Commercial Road, the branch will offer services including sales, lettings, property management, commercial property, new homes and financial services. Chancellors Swindon represents a move into a new county and brings the number of counties covered by the group […]

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Sarah Hopkins joins Kent Reliance as senior BDM for the South West

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Kent Reliance has appointed Sarah Hopkins as a senior business development manager within the southern region covering Cornwall, Devon, Somerset, South Wales and South Coast. She has been hired from Foundation Home Loans, where she was regional account manager. Hopkins (pictured) will be responsible for overseeing and developing broker relationships within her region and increasing access […]

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Nicky Stevenson joins Fine & Country

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Nicky Stevenson, formerly of Property Academy and Keller Williams UK, has joined estate agency Fine & Country. Stevenson (pictured) is tasked with helping the company expanding its presence in the UK and overseas. She said: “I am excited about joining Fine & Country and this next chapter in my career. Fine & Country is a […]

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Landbay ups lending in 2019 after surge in funding

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Buy-to-let mortgage lender Landbay has seen a 200% rise in lending volumes in 2019. Landbay received £1bn of institutional funding agreement in summer, which accounted for 95% of new mortgages originated in the past 12 months. John Goodall, founder and chief executive of Landbay, said: “Against a background of political and economic uncertainty, Landbay’s growth […]

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Andrew Bailey to replace Mark Carney as Governor of the Bank of England

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Andrew Bailey will become the Governor of the Bank of England from 16 March 2020, replacing Mark Carney. Bailey is currently head of the Financial Conduct Authority and was deputy governor under Carney for three years until 2016. He will serve an eight year term. Bailey said: “It is important to me that the Bank […]

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Leasehold campaigner cautious despite reform promises

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The Leasehold Solutions Group has welcomed the government’s commitment to leasehold reform, which was reaffirmed in the Queen’s Speech. However there is scepticism whether the reforms will go far enough, given that the government has been promising to reform leaseholds since 2017. The Queen’s speech stated that the government will take forward a “comprehensive programme […]

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A well-earned Christmas break

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After a busy couple of months, I’m sure landlords, agents and developers will be spending some well-earned time with loved ones this week. There’s a sense of calm before the storm, as Barratt Homes said last week the company is gearing up for a busy time after Christmas, when people start making plans for 2020. […]

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CPS report backs Conservative Party’s long-term fixed rate mortgages

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The Conservative party’s manifesto pledge to create a new market in long-term fixed rate mortgages has received the backing from a Centre for Policies Studies report. The report, called ‘Resentful Renters’ by Graham Edwards of property company Telereal Trillium, suggested users won’t need to be stress tested and can be offered 95% LTV rates that […]

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Agents anticipate rent increases in 2020

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The majority (84%) of letting agents think rent prices will rise next year, up from two thirds (65%) last year, ARLA Propertymark has predicted. More than three fifths (61%) think demand will continue to increase, but almost seven in 10 (68%) reckon the number of landlords operating in the private rented sector will decline next […]

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Government to press ahead with abolishing section 21

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The government intends to carry out the abolition of so-called ‘no fault’ Section 21 evictions. The Queen’s Speech announced a Renters’ Reform Bill, as well as a lifetime deposit which would allow tenants to swap their deposit from one property to another. Section 21 enables landlords to evict tenants with two months’ notice. David Cox, […]

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