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James Brokenshire’s appointment to Housing Secretary

Mark Hayward, Chief Executive, NAEA Propertymark and David Cox, Chief Executive, ARLA Propertymark welcome James Brokenshire’s appointment to Housing Secretary this morning: “We welcome James Brokenshire into his new role as Housing Secretary, following Sajid Javid’s move to Home Secretary. Over the last 12 months, housing has been high on the political agenda, with Sajid Javid and his team working

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RENTAL SECTOR HOLDS STEADY IN MARCH

Figure 1: The number of agents witnessing rent hikes in March year-on-year The number of prospective tenants registered per member branch increased by eight per cent in March The supply of rental accommodation also rose The rate of tenants experiencing rent rises increased in frequency as well but is overall better than in March 2017 ARLA Propertymark issues March PRS

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UK’s first residential property sale recorded in the blockchain by HS Property Group

March 2018: HS Property Group, a real estate investment and development firm based in Manchester, has used the clicktopurchase® platform to become the first UK residential property company to record the online exchange of a residential property using blockchain technology. The transaction, which was reported in the blockchain, was for the sale of a four-bedroom HMO investment property in Oldham,

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Chepstow- the place to be

 With the tolls on the Severn bridges between Wales and England being scrapped by the end of 2018, Chepstow has become increasingly popular as a Bristol commuter option.

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Welsh Land Transaction Tax

From 1st April Land Transaction Tax (LTT) replaced Stamp Duty Land Tax (SDLT) for property purchases in Wales. Property lawyers in England and Wales have been gearing up for the change.