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Roughly one in five people who request an online valuation go on to sell according to data from instant online valuation specialists, The ValPal Network. Data insights show that the average sales cycle from the point of requesting an online valuation (via ValPal), to completing on the Land Registry is 220 days, while properties in the W postcode sell the fastest in just 198 days. 62 days on the market according to Rightmove, and a whopping 135 days for the finance and conveyancing process according to dat

Birmingham-based MetroPM has been appointed to manage a mixed-use development in the Jewellery Quarter. The new appointment is to manage the historic The Million Pen Building which now houses 21 luxury apartments and four commercial units. Ian Smallman, director of MetroPM, said: “Million Pen is a Grade II listed building at 3-5 Legge Lane which was originally built in 1893 as a steel pen manufacturer. “This historic building has been sensitively developed to showcase its original features while bringing

Peabody will apply a 20 percent social value weighting to its scoring criteria when awarding contracts to suppliers, after a successful two-year trial. The move means organisations tendering for Peabody’s business need to demonstrate a clear benefit to residents and communities, as well as delivering on quality and value for money. Peabody estimates the trial generated £20-million-worth of social, economic and environmental benefits for communities, and it will now apply the 20 percent social value weight

At a recent Board Meeting of The Property Institute (TPI) on 10th February, it was agreed that Dr Nigel Glen would stand down as Executive Chair. Nigel played a pivotal role in the Association of Residential Managing Agents (ARMA), as its former CEO, and following ARMA’s merger with the Institute of Residential Property Managers (IRPM) in 2022, as the Executive Chair of The Property Institute. During his time at ARMA and TPI Nigel has overseen ARMA and TPI’s input on many policy goals and initiatives incl

Yorkshire estate agency, North Residential has appointed property expert, Liz Dennison to its management team with a view to setting up a presence and growing market share in the Northallerton region. The news comes just six months after the team at North Residential moved to become independent of Knight Frank in Harrogate and more recently expanded into Pocklington as part of ambitious growth plans. Liz brings over 30 years’ experience in the Yorkshire residential property market and was previously head

PropTech boss, Neil Cobbold, has called on landlords worried about the upcoming compliance burden they are facing due to legislative changes in the PRS to consider using letting agents to protect themselves and their properties. Cobbold, Managing Director of client accounting and automated rental payment specialists PayProp UK, believes the current raft of proposed measures set to affect the PRS this year will be followed by further reforms. He said: “No matter which party wins the next election, reformin

Knight Frank’s Residential Asset Management (RAM) business has become part of the specialist residential managing agent, Encore. Knight Frank’s RAM business provides block management services to Prime Central London developers and resident management companies, looking after a portfolio of high-end developments.  This follows Knight Frank’s strategic decision to no longer provide residential block management services and to focus on its core agency business.  Joaquim Fillola, Encore CEO said “Knight Frank

Following the UK cladding crisis, independent mortgage advisors Flagstone, which operates under the Beresfords property group umbrella, has now been able to source new deals for those affected. The cladding crisis saw a widespread use of flammable cladding used on residential buildings, which after the tragic Grenfell Tower fire in 2017 led to safety concerns on an estimated 700,000 homes in the UK.  This had a significant impact on individuals and families, as well as the wider property market, as many h

Grosvenor Systems has announced the promotion of Grant Chaplin from Operations Director to Managing Director as the property management software company continues to grow and evolve its offering in response to customer demand. As Operations Director, Grant led on the growth and innovation of Grosvenor Systems’ leading property management and accounting system, Propman, working with over 230 businesses across the UK. Grant takes over from Sarah Taylor, who becomes Group CEO to oversee Grosvenor Systems

Automated property management platform EVO has signed partnerships with major Registered Provider of Affordable Housing Storm Housing and B Corp Housing tech provider SimplyPhi (formerly Phi Capital Investments), which will more than double the size of its current portfolio of units and cement its position as the digital partner of choice for housing associations and registered providers. The company is also expected to announce further partnerships imminently with major Local Authorities which will mean

If you are responsible for a block, you need to have an out of hours resource or provision to ensure due care for both your residents and your assets but what, maybe in the worst case, could that service be dealing with? Colin Stokes, Managing Director of adiuvo, shares a case study of a recent single emergency and what was involved in managing it. A large site of well over 100 units generated multiple reports of no water supply on a Friday evening of the Bank Holiday weekend, our team quickly confirmed i

Barnet Council has launched a new campaign aimed at helping residents to keep their homes healthy and free from damp, mould, and condensation. The council has recognised that dampness is a common problem for residents, which can lead to a range of health hazards, including respiratory problems and asthma. To help combat this issue, the council is providing residents with a range of advice on how to tackle dampness, mould, and condensation. This includes information on the causes of dampness, tips to preve