Location remains driving force behind UK property auctions

Auctioneers at Auction House London say London properties in top locations are attracting even stronger bidding from buyers despite a weaker property market, as seen at its recent auction at the end of May. It’s generally acknowledged across all property markets that sales in the UK capital are down year on year for 2018. But Director and Auctioneer at Auction House London, Andrew Binstock said: “The people in a position to buy are still buying. They might be more discerning but if a…

Same Sex Marriages and EU free movement law

Professor Steve Peers, Law School, University of Essex Today’s CJEU judgment in Coman was the Court’s first ruling on same-sex marriages for the purposes of EU free movement law.  (For a discussion of the background, see the earlier blog post by Alina Tryfonidou). Mr Coman, a Romanian citizen, had married his husband, a US citizen, in Belgium while residing there. He tried to return to Romania with his husband, but Romania refused residence to the latter, as (like about half of the EU Member States) it does not recognise same-sex…

‘Rumble with the Agents’ raises over £16,000 for Cherry Lodge Cancer Care

On Thursday 24th May 2018 ‘Rumble with the Agents’, an annual white-collar charity boxing event held at The Holiday Inn Finchley Central, in association with Landlord Action and sponsored by Hamilton Fraser, raised £16,300 for Cherry Lodge Cancer Care. The night saw ten property professionals, with little or no previous boxing experience, from companies such as Oscar Knight, Area Square, Happy Tenant Company and Property Redress Scheme, enter the world of white-collar boxing to raise money for charity. The event, originally set up…

Housing Hand expands guarantor service into Ireland

Housing Hand has announced today that, following a surge of international students looking for accommodation, it is launching its guarantor service in Ireland. Ireland has seen a spike in international students following Brexit, with the highest number of students were recorded at the University College Cork, where applications from non-EU students are up by 40%. There was also a 26% rise at the University College Dublin, while Trinity College Dublin has also recorded significant increases. A rise in purpose-built student accommodation (PBRS), together…

RLA backs bid to overturn Right to Rent

A bid will be made this week for a legal review of a centre piece of the Government’s immigration policy. The Right to Rent scheme is a flagship part of the ‘hostile environment’ strategy for illegal immigrants introduced by the Prime Minister whilst she was at the Home Office. Under the Scheme, landlords are responsible for checking the immigration status of their tenants with the prospect of prosecution if they know or have “reasonable cause to believe” that the property they are letting…

Knight Knox announce launch of new online BTL platform

Following feedback from investors who had difficulty selling their investments through traditional high street sales agents, Knight Knox has announced the launch of yieldit. The new platform will specialise in the sale of tenanted buy-to-let properties from investor to investor on a nationwide scale and aims to revolutionise the market by offering a full-circle service, from valuation to completion. Samantha Edwards, head of marketing at Knight Knox, said: “The buy-to-let sector continues to grow, and we have been aware for a long time…

Skipton Intermediaries launch new shared ownership product

From today, Skipton Building Society offering a new shared ownership mortgage product in partnership with three of its key distributors: Legal & General, Connells and the Yorkshire Housing Association. Available immediately, the new range can be used for new build houses and flats to 90% LTV. According to the lender, the products include two-year fixed rates at 2.19% to 90% LTV with a £995 fee and 2.68% fee-free, as well as five-year fixes from 2.65 to 90% LTV with a £995 fee and…