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OnTheMarket.com is a United Kingdom property portal similar to Rightmove and Zoopla. In October 2023, it was announced that the firm would be acquired by CoStar Group for £99 million. [1] On December 12, the Washington, D.C.–based property data company reported having completed the purchase of OnTheMarket plc. [2]
The ads are visible to users who search for the area chosen by the estate agent. Individuals selling property privately (i.e. directly without an agent) are prohibited from advertising on the site. Each month, Rightmove release a House Price Index, illustrating any changes in the asking prices of houses throughout England and Wales. [21]
The permitted rate of 0% rent increase from 6 September 2022 is defined within the meaning of section 24A(1) of the Housing (Scotland) Act 2001. The main provisions of the Act were set to expire at the end of 31 March 2023, however, this date was amended to 30 September 2023. [1] This date of 30 September 2023 may be amended by Scottish Ministers.
Examples of the first category are all the pre-1939 war Acts and the Rent Acts of 1957, 1965 and 1974; and of the second, the Housing Act 1980, in Scotland this is the Tenant's Rights Etc. (Scotland) Act 1980; and the Housing Act 1988, in Scotland this is the Housing (Scotland) Act 1988.
Living Rent is a national tenants' union in Scotland. Originally established in 2014 as a campaign group urging the Scottish Government to implement rent controls , [ 3 ] it subsequently became a mass membership organisation of tenants aiming to "tackle the power imbalance between landlords and tenants" through collective action.
Growth in enquiries into UK property have jumped 60% over the prior 12 months. [6] In related research, The Times found that more than 93 per cent of flats in one of Manchester's biggest housing developments have been bought by foreign residents or companies registered overseas.
Concerns that some private landlords unfairly withhold tenants' deposits led to provisions in the Housing (Scotland) Act 2006, [2] for Scottish Ministers to bring forward regulations for the approval of tenancy deposit schemes in Scotland. The Regulations set out the conditions that all schemes must meet before they can be approved by the ...
If the seller does sell the property and complete the sale of their property to a buyer that was introduced by the estate agent, then the estate agent will charge anything from 1% to 3.5%, with the average in 2018 being reported as 1.42% including VAT and this is calculated based on the sale price of the property. [7]