The Property Ombudsman is calling for the introduction of a new version of the much-derided Home Information Pack, abandoned by the coalition government four years ago.
The organisation that calls itself the UK’s first ‘hybrid’ agency, chaired by Poundland founder Steve Smith, has received £660,000 of crowdfunding investment.
The north-south divide is alive and well with the rate of home repossessions in 2013 being 44 per cent higher in northern England than in the south.
A specialist property law firm is warning agents that they should expect delays to be caused by the Mortgage Market Review, which comes into effect in 10 days time.
Agents may want to emphasise the merits of home ownership to young people this Easter, as a fifth of those aged 23 to 27 have no desire to own a property, according to an attitudes survey by the Halifax.
If agents in London have witnessed big price rises so far, they’ve seen nothing yet according to consultancy PwC - the £500,000 average home will be here by Christmas.
The Townends agency, which says there are 12 buyers registering for every one new property that comes to the market, has defended the controversial Open House system.
Three compulsory redress schemes have been approved by the government to offer independent investigation of complaints in the lettings sector, bringing it into line with the world of residential sales.
Economists say that interest rate rises and other tools to deter house price rises are increasingly likely to be used in the short term, possibly as soon as next month.
The head of a new organisation called the National Private House Sales Association - also the owner of a For Sale By Owner website - claims business is booming for home owners trying to sell their properties themselves.