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'Sales agreed up, but asking prices down' - Rightmove

19 June 2017

The latest Rightmove figures show that the number of sales agreed by agents over the last month is up 7% when compared to 2016.  

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Housing industry reacts to shock general election result

14 June 2017

The housing industry has responded with shock, joy, and jitters, after Theresa May’s snap general election went catastrophically wrong, leaving her with little choice but to seek the backing of the Democratic Unionist party to govern Britain after failing to secure a parliamentary majority. 

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Barclays gives optimistic five-year view of housing market

30 May 2017

Barclays Bank has given an optimistic view of the housing market over the next five years, with a prediction that across the UK as a whole prices will rise by 6.1 per cent by the end of 2021 - and in some locations much larger increases.

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Fraudster Northampton Lettings agency boss jailed after head office discovered £90,000 gap in finances.

25 May 2017

This article below via the Chronicle and Echo is a very clear reminder of the importance of dealing with a professional letting agency! We are regulated by The Property Ombudsman and members of ARLA & NAEA Propertymark. 

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Reminder for agents and landlords - act now ahead of MEES

19 May 2017

An investment company says agents and landlords should start taking measures to ensure their properties comply with the new Minimum Energy Efficiency Standards that come into effect next spring. The changes, from 1 April 2018, mean that it will be unlawful to let or lease a residential or commercial property with a poor energy rating.

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Tenant happiness on the rise as more opt to rent long-term

16 May 2017

A study of over 3,000 tenants has found that an increasing number of renters are 'very happy' with their living situation. LSL Corporate Client Department's 2017 Tenant Survey found that 32% of renters claim to be 'very happy', up from 28% last year. A further 37% indicated that they are 'happy', increasing marginally from 36% in 2016. Just 4% of tenants said they were 'very unhappy', down from 6%, while 7% said they were 'unhappy', down from 9%.

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Landlord facing £57,000 fine 'could have benefitted from an agent'

6 May 2017

The landlord of a west London property, described by a judge as a "deathtrap" and an "accident waiting to happen", has been fined £57,000 and ordered to pay costs of £3,825 and a victim surcharge of £120.

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OUCH! - Buy to let investor guilty on 18 HMO charges and gets big fine

19 April 2017

Prime Choice always recommends using a reputable agent when managing your properties. As the below article demonstrates from Letting Agent Today, not being aware of or ignoring your responsiblites can prove costly:

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Land Registry figures: prices strong but transactions slump

12 April 2017

Land Registry data shows that homes across the UK have risen in price by an average 5.8 per cent in the year to February - but the most startling figures reveal the scale in the slump in transactions. February data from the registry shows that the average property value in the UK increased to £217,502.

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Government Agrees to Mandatory CMP

3 April 2017

PRESS RELEASE: David Cox, Chief Executive, ARLA Propertymark comments on today’s announcement that the Government will be introducing compulsory client money protection (CMP) for all letting agents:

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