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Property portal claims to have signed up over 40 new agents this year

Propertynews.com, the Northern Irish property portal, claims to have signed up more than 40 new estate agents to list their properties on its site since the beginning of this year. If accurate, this continues strong growth since its new owners…

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Property industry reacts to Nationwide House Price Index

UK house prices fell 0.4% month-on-month in April, according to new data from Nationwide. The annual rate of change slowed to 0.6%, from 1.6% in March, the figures also show. Headlines Apr-24 Mar-24 Monthly Index* 520.9 523.1 Monthly Change* -0.4%…

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Purplebricks launches mortgage division – Property Industry Eye

Purplebricks has launched Purplebricks Mortgages Limited and retired the Strike Financial Services brand. The move will see a team of more than 150 people operating under the Purplebricks Mortgages name, enabling customers to benefit from an end-to-end house buying solution…

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Well-known estate agency boss launches petition to reform stamp duty

Simon Gerrard Simon Gerrard of Martyn Gerrard estate agency in north London has started an online petition to reform stamp duty so that it is paid by the vendor, not the purchaser. Gerrard, who heads the 13-branch operation, has posted…

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Major lenders raise mortgage rates

Nationwide, Santander and NatWest will be increasing rates from today; providing more bad news for homebuyers and those looking to remortgage. They follow various rivals, including Barclays, HSBC, NatWest, Accord and Leeds Building Society, who pushed up their rates last…

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Estate agents over-valuing homes to gain instructions ‘helping nobody’

Sellers are being advised to be realistic with their asking price if they want to attract buyers amid a slowing housing market. The latest research by GetAgent.co.uk suggests that more needs to be done to stop the practice of over pricing…

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Rogue agency and directors receive lengthy ban

A rogue letting agency has been banned from operating for four years after putting “profit ahead of safety” at multiple properties in Liverpool. Three directors at Trophy Homes, Sean Broadhurst, Robert Broadhurst and Maria Helena Broadhurst, were sanctioned earlier this month…

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Property industry reacts to Zoopla House Price Index

UK house prices appear to offer room for growth as the number of agreed sales grew 12% in the four weeks to 21 April compared to the same period last year. According to the latest Zoopla House Prices Index (HPI),…

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BTL landlord warned she faces jail if she does not pay £79k fine

A buy-to-let landlord in London has been issued with a confiscation order of £78,620 after she converted a five-bedroom house into without planning permission. Titilola Oyejole from Dagenham divided up the five bedroom home on Fanshawe Crescent around nine years…

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Prop X marks a significant milestone for the Propertymark Trust

The Propertymark Trust has announced the launch of Prop X, its first-ever fundraising event, scheduled for The Millennium Point in Birmingham. Prop X will offer a unique and exciting opportunity for a whole day dedicated to knowledge-sharing and networking among…