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Estate News of Watford

All Change: new regulator, licensing and qualifications proposed for agents

The government has published proposals for far-reaching changes to the way estate and letting agents are regulated, trained and licensed. The proposals have come from the Regulation of Property Agents working party, set up last year by the Ministry of Housing Communities and Local Government. Although this morning’s statement from the working party... read more

Thu, 18 Jul 2019 04:53:26 GMT

Agents urged to ‘get ahead of the game’ on mandatory qualifications

Trade organisations including the National Association of Estate Agents have welcomed today’s publication of the report of the Regulation of Property Agents, which heralds the biggest shake-up in the industry in many years. It's been well-publicised that the report and you can read a comprehensive summary of its recommendations here. The government is... read more

Thu, 18 Jul 2019 12:00:08 GMT

Agents say official house price figures don't reflect recent market boost

Agents have put a brave face on official government figures which have shown a shock fall in London house prices and muted growth across the rest of the UK. Data from the Office for National Statistics, HM Land Registry and other national statistics bodies shows that prices in London have tumbled at... read more

Thu, 18 Jul 2019 12:00:06 GMT

‘Good communication helps keep vendor expectations in check’

Improved communication and increased transparency throughout the buying process can manage vendors’ expectations, improve satisfaction scores and create long-term clients. That’s the view of those behind sales progression and communication tool mio. Transactions taking too long remains an issue for many vendors and can sometimes be down to unrealistic expectations left unchallenged, says... read more

Thu, 18 Jul 2019 12:00:04 GMT

US high rollers buy London homes expecting post-Brexit bounce

A leading London estate agency with US connections says there has been a surge in high net worth American buyers in the UK capital. This is because London property is seen as such good value following the sharp drop in Sterling since the EU Referendum, and because some US buyers expect a bounce... read more

Thu, 18 Jul 2019 12:00:02 GMT
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