Congratulations Carol!

Just wanted to let everyone know that we have confirmed Carol as one of the Evolution family as she has completed her probationary employment period and is now a fully fledged team member! Actually, to be fair to her, she has been that since the day she started. Carol has become a really important part of the whole letting process within Evolution and can do most of the administration jobs and also enjoys carrying out the viewings with clients which we hope satisfies her personal curiosity for properties!

Well done Carol and a huge thank you for everything so far!!

Oh, sorry, remember this piccie??!!

SONY DSC

 

Justice prevails again!

This is exactly the reason why we supported a redress scheme!!!

Taken from Propertyindustryeye

A former employee of Bournemouth lettings agent Allan & Bath – part of Leaders – has been sentenced to prison for the theft of almost £400,000 from the company.

Accounts manager Shirley Player, 61, who had pleaded guilty to stealing £390,550 from company funds between February 2007 and March 2014, was sentenced to four years, of which she will serve two, with the balance on licence.

During her seven years of systematic embezzlement, she made no fewer than 390 transfers into four accounts she owned.

The court heard she had blown the money on paying off debts, paying rent, and buying treats for her family.

The court also heard that Player began her crime spree because she believed she would die of cancer, having lost two sisters from the disease in 2006 and 2008. Player did not have cancer when she began stealing, but had assumed she would “not be here” when her crimes were discovered. She was,  in fact, diagnosed in 2010.

Carolyn Branford-Wood, prosecuting, said that in fact, Player had responded well to treatment.

After the case, Matt Derry, regional director for Allan & Bath, said: “We should make it clear immediately that no clients of the firm or other third parties have been affected. This was entirely a loss to the company.”

He went on: “For us, this was a particularly shocking event.

“We have detailed and robust security procedures in place throughout the group, and this employee was a long-serving and trusted member of the team, with the firm for some 14 years.

“Unfortunately, for historic reasons this office did not yet conform to our group-wide standards, and it was whilst we were embodying those systems that we uncovered these irregularities.

“There would be no scope for such a circumstance arising again in the future.”

Allan & Bath, which handles both sales and lettings, was founded in 1898 and became part of Leaders in 2006.

When will people learn??!!

I am still amazed that people think they can flout the laws when it comes to tenants and their safety! This is peoples lives and it really does have to be taken seriously!

This is sourced from Property Industry Eye

A university lecturer has been fined after pleading guilty to letting a property without an HMO licence.

A letting agent has pleaded not guilty in connection with the case and is reportedly to face trial.

Landlord Dr Obas Ebohon, of Leicester, let the home to seven students.

At the city’s magistrates court he pleaded guilty to four charges – failure to apply for an HMO licence, failing to display his telephone number and address at the house, failing to ensure the boundary walls of the house were safely maintained, and failing to ensure the windows and ventilation were maintained to a safe standard.

Leicester City Council prosecutor Nicki Agalamanyi said that Ebohon had been reported to the council by a tenant who suspected he did not have an HMO licence.

She said: “When the property was inspected, officers found faulty fixtures and fittings, a fire door which didn’t close or provide a safe means of escape, cracked plaster on the ceiling, a faulty lock on the front door, one shower wasn’t working and another shower was blocked.

“An outside wall was falling down and one of the bedrooms had a cracked window frame and cracked glazing.”

For Ebohon, solicitor Shabir Mirsa said that his client was under the impression that the letting agent, IPS Leicester, was responsible for the upkeep of the house.

Ebonon was fined £1,500 for failing to apply for an HMO licence and £500 for failing to display his contact details. He was given a conditional discharge for the other two offences. He was also ordered to pay £1,025 towards the council’s costs and a £120 victim surcharge.

The Leicester Mercury reports that IPS Leicester has pleaded not guilty to seven charges relating to the case and will appear in court on January 15 for a trial.

http://www.leicestermercury.co.uk/University-lecturer-pleaded-guilty-failing/story-23005557-detail/story.html

House prices plateau as market cools, says Hometrack

For first time since the start of last year, there was no rise in residential property prices in England and Wales in September, while prices in London fell by 0.1 per cent month-on-month, according to the latest Hometrack National Housing Survey.

The findings from the Hometrack survey of estate agents act as further indication – following a raft of other reports – that the housing market is slowing, on the back of weaker demand as a growing number of prospective purchasers are deterred by talk of a housing bubble and growing speculation that interest rates will rise soon.

“Buyer uncertainty is growing in the face of a possible interest rate rise, a General Election on the horizon and recent warnings of a house price bubble,” said Richard Donnell (above), Director of Research at Hometrack. “The debate over economic implications for Scottish independence could well have added to the uncertainty in recent weeks.”

The volume of purchases registering with agents surveyed by Hometrack dropped by 2.1 per cent, compared to a 1.6 per cent decline in August, helping to reduce the supply-demand imbalance that has underpinned house price growth since January 2013.

The falling gap between supply and demand means that vendors achieved a lower proportion of their asking price in September, at 95.8 per cent, down 0.1 per cent from August.

The English capital was the only area to record a decline in property values in September, with further modest price declines anticipated in the run-up to Christmas.

However, there was a marginal rise of 0.1 percent in prices in the North West, South East and Yorkshire and Humberside, while they stalled in the remaining parts of England and Wales.

Donnell continued: “This loss of momentum in price growth comes at the end of a very strong run of 18 months, in which the market was fuelled by pent-up demand, with Help to Buy fanning positive market sentiment. That surge of demand has now receded, bringing the latest cycle to an end with no equivalent buyer ‘push’ or ‘pull’ on the horizon.”

With demand falling and the indicators suggesting that it may be turning into a ‘buyer’s market’, many households expect to see prices slow further over the next few months.

The outlook for capital gains dropped to a 13-month low in September, the latest House Price Sentiment Index (HPSI) from Knight Frank and Markit Economics revealed.

“The [HPSI] index started to ease in June and the trend is continuing,” said Gráinne Gilmore (above), head of UK Residential Research at Knight Frank.

Source; Propertydrum