Pennington News

News

  • After stamp duty and agents’ fees, it’s time to seize the initiative

    December 3, 2016

    Let me set out my stall from the beginning. Firstly with two buy to lets managed by an agency, I understand and support the principle of letting agents charging fees to tenants - providing, of course, they are proportionate, transparent and not duplicating the fee I pay the agents as a...

  • Property Natter: five things we’ve learnt this year

    December 3, 2016

    What a mad, bonkers year it’s been. We’ve had, in no particular order: Trump, Brexit, Leicester winning the Premier League, a glut of celebrity deaths, Bake Off jumping ship to Channel 4 and the controversial changes to the shape of a Toblerone bar. You would have had very, very long...

  • How to spot fake estate agent reviews

    December 3, 2016

    2016 has undoubtedly shone a spotlight on the reviews industry and drawn into question the legitimacy of online customer reviews.  Amazon, amongst others, have been cracking down on sellers who buy fake reviews.  The Competition and Markets Authority (CMA) is now pledging to clamp down on the problem, and the property industry...

  • Save Our Staff: how to stop your office from killing employees

    December 3, 2016

    Forget a machine injury, a nasty fall or even being stabbed in the back by a jealous colleague, a death in the workplace is more likely to be related to a sedentary role than a malicious act. One of the most conclusive studies into sedentary lifestyles in the workplace and at...

  • The market is dead, long live the market

    November 26, 2016

    Listening to all the coverage of the tenant fee ban, all I hear is consumer groups talking about how some agents charge tenants extortionate, unjustifiable fees.  Journalists ask questions about how these unjustifiable fees can be justified and self-righteous politicians revel in their self-righteousness.  However, amid all this mutual moral backslapping, I...

  • Autumn Statement: reaction and what’s next for us?

    November 26, 2016

    Chancellor Philip Hammond caught the lettings industry unaware with an incredulous Autumn Statement.  The buy-to-let sector took a bashing earlier in 2015 and 2016, with a revised second home stamp duty tier and the proposal of tapering mortgage interest relief, so it was hoped a reversal of fortunes was on the...

  • Invisible juggling – estate agents’ impressive skill

    November 26, 2016

    As circus performers, most estate agents would fail. Some of you might find that difficult to comprehend. After all, many uninformed members of the public view us as a bunch of clowns who don’t deserve our money. But our real skill is invisible juggling, and there’s nothing very entertaining about that. It’s...

  • Property in the capital – London’s night economy

    November 26, 2016

    London Mayor Sadiq Khan’s aim of creating a 24-hour city is one step closer with the appointment of London’s first Night Czar, Amy Lamé.  The Night Czar will be an ambassador for London as a 24-hour city, creating growth with the support of local councils, police, businesses and government agencies. This...

  • Autumn Statement: The property industry’s wish list for Philip Hammond

    November 19, 2016

    It may still be too early to start compiling a Christmas wish list, but it is the right time to provide a list of requests to the nearest that the government has to Santa - the Chancellor. This year will be Chancellor Philip Hammond’s first Autumn Statement since taking over from...

  • Five guesses about the Autumn Statement

    November 19, 2016

    Forecasts are a tricky business. And as I wrote in a recent Industry Views opinion piece, any prediction in the current volatile political and economic landscape is particularly tricky. However, while I’m sceptical about researchers telling us that they’ve calculated how much mainstream house prices will change in 2019, I’m going...