x
By using this website, you agree to our use of cookies to enhance your experience.
We Can’t Pay More! Affordability crisis dents London lettings market

London’s rental market has weakened in recent months according to the fledgling online service Hello Neighbour. Rents are 1% down compared to...

11 June 2024

From: Breaking News

Independent agency snapped up by private equity-funded firm

Lomond’s John Shepherd brand has acquired a small Birmingham lettings agency, Xact Lettings. No figure is given for the number of lettings...

11 June 2024

From: Breaking News

Guidance for Agents on smoke, heat and carbon monoxide alarms

Mandatory smoke, heat and carbon monoxide alarms will be introduced to private rented sector properties in Northern Ireland.    Under the Smoke, Heat...

11 June 2024

From: Breaking News

Renters increasingly reconciled to not owning a home in future

Data sourced from millions of bank accounts reveals spending on rent and mortgages increased 6.3 per cent year-on-year in May. Barclays data...

11 June 2024

From: Breaking News

Shock rise in compensation paid by letting agents last year

The Property Ombudsman received a record number of enquiries with 57,635 people seeking support with their property and housing related issues...

10 June 2024

From: Breaking News

Would Tories’ Stamp Duty Policy really turn renters into buyers?

Over the weekend the Conservatives pledged that if elected on July 4 they would permanently scrap stamp duty for first time...

10 June 2024

From: Breaking News

Rental Tax Change - Short Lets sector warned of possible losses

An accountancy firm is warning those using Airbnb and similar short let platforms that new tax rules mean they could lose...

10 June 2024

From: Breaking News

Key London office head named by leading lettings agency

Property consultancy Knight Frank has appointed Olivia Firmin as Head of Lettings in its Wimbledon office. Firmin, already an associate in the...

10 June 2024

From: Breaking News

Agency hails “transformational” merger with lettings giant

The Property Franchise Group, which calls itself the UK’s largest multi-brand property franchisor, says its merging with lettings giant Belvoir has...

10 June 2024

From: Breaking News

Labour’s big idea to shift first time buyers from rental sector

Labour is launching a new Freedom to Buy scheme to get 80,000 young people on the housing ladder, over the next...

07 June 2024

From: Breaking News

Stamp Duty Challenge - Tories pledge 'no change' but will Labour follow?

The housing market has suddenly become a major part of the General Election campaign as a result of a challenge thrown...

07 June 2024

From: Breaking News

Agent pleads with landlords to believe in buy to let

The director of a London lettings agency says buy to let landlords are entitled to feel downtrodden but claims it’s still...

07 June 2024

From: Breaking News

HMO award winners revealed - are you amongst them?

Software company COHO has presented wards to agencies, suppliers and individuals involved in the HMO business. The firm says the awards honour...

07 June 2024

From: Breaking News

Lettings portfolio snapped up by nearby franchisees

The franchisees of Martin & Co’s Rochdale branch have completed their first independent acquisition less than a year after taking on...

07 June 2024

From: Breaking News

Online agency buys lettings book of internet rival

Online agency lettingaproperty.com says it’s bought up the rental portfolio handled by virtual rival Mashroom. The acquisition increases lettingaproperty’s assets under management...

06 June 2024

From: Breaking News

Lettings agency chain in three year PropTech tenancy management deal

The 85 branches of Spicerhaart have signed a three-year partnership with The Lettings Hub to use its tenancy management platform. Spicerhaart also...

06 June 2024

From: Breaking News

Rightmove slams major parties for ignoring growing housing crisis

In an unusually outspoken intervention into the election campaign, Rightmove has criticised the absence of debate over housing. The issue has not...

06 June 2024

From: Breaking News

Huge 1,000-flat scheme will be one of UK’s biggest Build To Rent estates

Housing juggernaut Legal & General says it’s now half way through a £400m Build To Rent scheme in Wandsworth, south London. It...

06 June 2024

From: Breaking News

Shelter spotlight on discrimination against LGBTQ+ private tenants

Shelter is backing the Kicked Out for Coming Out campaign which highlights family rejection as a contributor to LGBTQ+ homelessness.  Shelter has...

06 June 2024

From: Breaking News

Rents may be rising again over the summer - new prediction

The latest Rental Index from PropTech platform Goodlord shows rents hit their highest levels since October over the last month.  Rents across...

05 June 2024

From: Breaking News

RICS guide for investors, landlords and other users at auctions

The Royal Institution of Chartered Surveyors has launched what it calls an “impartial”guide for landlords, investors and others buying or selling...

05 June 2024

From: Breaking News

Councils ‘must take over ex-private rental Right To Buy flats’

A pro-tenant group wants the next government to take Right To Buy properties back to public ownership when they come up...

05 June 2024

From: Breaking News

Tenants rent for longer according to latest government survey

Tenants today spend 12% longer in the same property before switching, than they did a decade ago. Analysis of the English Housing...

05 June 2024

From: Breaking News

Almost 350 new Build To Rent flats in vast regeneration scheme

A £300m transformation of part of Glasgow is continuing apace following the completion of a 346-unit Build To Rent scheme. The scheme,...

05 June 2024

From: Breaking News

The Property Franchise Group new deal worth £5m more than early reports

More details have emerged of the deal - reported on Letting Agent Today and Sky News on Sunday - for Property...

04 June 2024

From: Breaking News

Lloyds Bank rental property initiative signs PropTech deal

Citra Living, the Build To Rent offshoot of Lloyds Banking Group, continues with its growth strategy into the private rental sector. Citra...

04 June 2024

From: Breaking News

Pro-regulation Labour veteran takes over industry body leadership

The Property Institute - a body for the residential property management sector - has announced the appointment of a Labour baroness...

04 June 2024

From: Breaking News

PropTech link with landlord-owned lettings compliance service

PropTech platform Goodlord has partnered with safety certificate provider Safe2 to offer compliance work for the lettings sector.  Safe2 - recently acquired...

04 June 2024

From: Breaking News

Agency plea to rival firms seeking buyers or joint ventures

Independent agency Henry Adams says it wants “entrepreneurs and business owners” to “explore new growth avenues” The company is seeking acquisitions, joint...

04 June 2024

From: Breaking News

Agency will have 1,800 branches following latest acquisition

The Property Franchise Group is buying the Fine and Country chain, plus the membership body the Guild of Property Professionals. The deal is worth...

03 June 2024

From: Breaking News

Eviction Court Delays still in place for new government to resolve

A prominent solicitors’ firm says the failure of the Renters Reform Bill to become law may have attracted headlines but the...

03 June 2024

From: Breaking News

Independent agency snapped up by private equity cash

An agency group with an acquisition programme funded by a private equity operation has snapped up another independent agency. Lomond - which...

03 June 2024

From: Breaking News

Zoopla welcomes back regional agent as portal rivalry hots up

Zoopla says a prominent regional agency, Dowen, has returned to its site in a bid to ramp up its plans for...

03 June 2024

From: Breaking News

The magic word that wins landlord clients - ex-ARLA chief explains

A lettings expert is advising agents that “congruence” is key to successful acquisition of landlord clients. Former ARLA Propertymark president and the...

03 June 2024

From: Breaking News

Stamp Duty Change from Tomorrow - reminder to agents

As a result of an announcement back in March, in the government’s final Budget, a major change to stamp duty comes into...

31 May 2024

From: Breaking News

Your Move emailing agents to urge them to become franchisees

Your Move – part of LSL, which last year underwent a radical restructuring - is trying to woo existing agents and...

31 May 2024

From: Breaking News

Rental Eco-grants and first time buyer help - Rightmove’s Election Wishlist

Rightmove has produced five core demands on behalf of the rental sector, which it would like the next government to meet. These...

31 May 2024

From: Breaking News

Labour Mayor Khan accused of failing over rental sector reforms

In an early General Election skirmish, London Labour Mayor Sadiq Khan has been accused of failing to enact key private rental...

31 May 2024

From: Breaking News

Mydeposits custodial scheme - new platform launched

A new platform for the mydeposits custodial scheme has launched this week, incorporating features inspired by feedback from members and designed...

31 May 2024

From: Breaking News

Beefed Up EPC must be priority for next government - call

Political parties should not allow the lengthy General Election campaign to delay work on a new and beefed-up Energy Performance Certificate...

30 May 2024

From: Breaking News

Forget party policies - check interest rate movement

A prominent housing market analyst says people shouldn’t bother reading election literature but instead study interest rates if they want to...

30 May 2024

From: Breaking News

Educational Video Series launched to up-skill lettings agents

The Guild of Property Professionals has launched a new series of educational videos for agents. The Guild’s Learning Platform serves as a...

30 May 2024

From: Breaking News

Prioritise First Time Buyers - demand grows for next government to take action

Four fifths of developers believe that the next government needs to do more to support first time buyers, according to the...

30 May 2024

From: Breaking News

Build To Rent provider claims record breaking rental unit growth

Build To Rent provider Sigma Capital says it’s enjoyed a record breaking period of growth. Over 2023 and so far in 2024...

30 May 2024

From: Breaking News

Rogue lettings agency fined again for failing to secure tenancy deposits

A lettings agency trading as Bowden Property Group Ltd has been fined £4,000 and £1,470 for failing to protect two tenancy...

29 May 2024

From: Breaking News

Vote Labour, says high profile lettings industry figure

The chief executive of Goodlord, the prominent PropTech supplier to the lettings sector, has been revealed as one of the 121...

29 May 2024

From: Breaking News

Reviews are key to success in saturated market - claim

An insurance firm’s assessment of how to market a holiday let successfully claims that strongly favourable reviews are far and away...

29 May 2024

From: Breaking News

Equity share offer to senior agency staff as firm marks milestone

London lettings and sales agency Martyn Gerrard has this month celebrated 60 years of fulfilling the property dreams of those living...

29 May 2024

From: Breaking News

First Timers stuck renting because of lack of understanding - claim

A mortgage lender claims many potential first time buyers are missing out because they don’t understand the concept of shared ownership. Just...

29 May 2024

From: Breaking News

Council-run lettings agency claims to beat  rivals on fees and upfront rent

A council-run lettings agency called YorHome is offering new incentives to woo private landlords away from conventional agents. Besides offering what it...

28 May 2024

From: Breaking News

Many agents relieved Renters Reform Bill dropped - Propertymark

The agents’ trade body says many in the industry will be pleased that the Renters Reform Bill has bitten the dust...

28 May 2024

From: Breaking News

Reform Bill collapse is “significant setback” claims letting agency boss

The failure of Labour and Conservatives to agree that the Renters Reform Bill should become law by July 4 has been...

28 May 2024

From: Breaking News

Second homes and incomer buyers are good news - Propertymark

Propertymark has stepped into the row over whether there should be more controls over second homes, holiday lets and people from...

28 May 2024

From: Breaking News

Rental growth forecasts cut as supply catches up with demand

Knight Frank says the normalisation of supply and demand in Prime London has happened more quickly than anticipated, forcing it to...

28 May 2024

From: Breaking News

Warning To Labour - Rent Controls Just Won’t Work

If Labour plans to bring in rent controls they won’t work, a property association has warned.  The National Association of Property Buyers...

24 May 2024

From: Breaking News

Looking Up! Foxtons internal data shows rental sentiment improving

Internal data from Foxtons, London’s largest lettings agent, indicates sentiment may be improving across the capital as data shows a 12%...

24 May 2024

From: Breaking News

New website marks high profile agency’s 20th anniversary

High profile independent lettings agency base property specialists is marking its 20th anniversary with a new video-first website. The agency - located...

24 May 2024

From: Breaking News

Today - ESTAS shortlists for three top industry awards

The ESTAS has revealed the nominations for three of its most prestigious categories to complete the shortlist for the 2024 awards. The...

24 May 2024

From: Breaking News

Asking Rents still in positive territory in all but one region

Asking rents continue to show posi­tive growth in all regions except Greater London, the UK’s largest rental market, where they continue...

24 May 2024

From: Breaking News

Beef Up Renters Reform Bill to stop even more evictions - call

A charity claims that new official figures on rent rises will “create more worry among private renters.” StepChange charity is referring to...

23 May 2024

From: Breaking News

Agents, Start Your Engines - Formula 1 figures to address agents

Letting agents are being invited to two senior Formula 1 figures on how to improve their performance. Neil Martin has held senior...

23 May 2024

From: Breaking News

Half of Agents say they Don’t Know who they’ll vote for

Around half of letting agents and landlords say they are unsure about how they will vote in the General Election. A joint...

23 May 2024

From: Breaking News

We’re Looking For Agencies To Buy - unusual statement from firm

Pattinson Estate Agency has taken the unusual step of saying it’s looking for rival lettings operations to buy.  The family-owned agency is...

23 May 2024

From: Breaking News

Hot Money now on August Interest Rate Cut

Inflation figures are down - but not as much as many analysts expected. The basic Consumer Price Index figure fell from 3.2%...

23 May 2024

From: Breaking News

Record business claimed by deposit alternative service

Deposit alternative provider, flatfair, has reported record figures for the first quarter of 2024. From January to March, 56% of tenants chose...

23 May 2024

From: Breaking News

Renters Reform Bill - will it become law by July 4?

A General Election has been called for July 4. So what happens to the Renters Reform Bill, which has been the subject...

22 May 2024

From: Breaking News

Propertymark wants Labour to come clean on rent controls

Propertymark wants Labour to come clean on its rent control policy, as the party repeatedly flip-flops on the issue. The agents’ body...

22 May 2024

From: Breaking News

Emoov, pioneer online agency, acquired by small family business

A low profile family company called the Griffin Property Company has acquired Emoov, the online agency which was a pioneering name...

22 May 2024

From: Breaking News

Shock figures show half of tenants struggle to find next home

Half of all tenants who moved during the past 12 months found it ‘difficult’ or ‘very difficult’ to secure a new...

22 May 2024

From: Breaking News

Interest rate cuts this year, suggests IMF - but it isn’t all rosy…

The International Monetary Fund has suggested that the British economy could accommodate three interest rate cuts this year, with Kate cuts...

22 May 2024

From: Breaking News

Build To Rent operator strikes deal with deposit alternative supplier

Build To Rent developer and operator Dandara Living has struck a partnership with deposit alternative service flatfair. Dandara joins other BTR operators...

22 May 2024

From: Breaking News

Agents encouraged to get mystery shopping analysis of performance

Letting agents are being encouraged to sign up so a mystery shopper can assess their performance. KnowYourMarket, a market research firm in...

21 May 2024

From: Breaking News

Airbnb Restrictions - Gove slammed by Labour-dominated council body

London councils have slammed government plans for regulating the short-term and holiday lets sector. In a letter to Housing Secretary Michael Gove,...

21 May 2024

From: Breaking News

Tenants Renewing on Existing Contracts hit with high rent rises - new data

Tenants renewing an existing contracts have been faced with high rent rises according to Hamptons lettings agency. It says they rose 8.3%...

21 May 2024

From: Breaking News

Rightmove to supercharge Material Information search service

A previously low-profile property and land research platform, has entered a partnership with Rightmove. Addland, which claims to have “a community” of...

21 May 2024

From: Breaking News

Young couple take on lettings agency busy city franchise

A young couple are taking on the franchise of lettings agency Martin & Co in Exeter. Local couple Nik and Rosie Davey...

21 May 2024

From: Breaking News

Rightmove rolls out Material Information listings display

Rightmove is rolling out displaying the new Material info Parts B & C fields on listings, following a number of months...

20 May 2024

From: Breaking News

Most homes cheaper to rent than buy, even with large deposit

A third of homes currently for sale can be bought with a mortgage and monthly repayments that cost less than the...

20 May 2024

From: Breaking News

Good news on Inflation expected this week

Inflation is expected to drop sharply in the April figures due out this week. The Office for Budget Responsibility and Bank of...

20 May 2024

From: Breaking News

Agency snaps up lettings book as part of regional expansion plan

Property consultancy Walker Singleton has acquired the book of business of the Boococks agency as part of its West Yorkshire growth...

20 May 2024

From: Breaking News

Agency network links with industry supplier for training courses

Lettings agency giant Belvoir has struck a partnership with a PropTech firm majoring in inventories. InventoryBase Academy has been appointed as Belvoir's...

20 May 2024

From: Breaking News

Yes to Regulation and No to Rent Controls - Propertymark

Propertymark wants Northern Ireland’s Department for Communities to regulate property agents via professional bodies such as itself. The Department for Communities is...

20 May 2024

From: Breaking News

Propertymark tells politicians - add agent regulation to Renters Reform Bill

As the Renters Reform Bill makes its way through the House of Lords, Propertymark has advised peers not to miss this...

17 May 2024

From: Breaking News

What about Rental Reform? Labour puts issue on the back burner

Despite once claiming it would abolish Section 21 evictions “on its first day in office”, Labour appears to have gone cool...

17 May 2024

From: Breaking News

PropTech: Agency launches custom-made AI-powered CRM system

An AI-powered Customer Relationship Management system tailored specifically for letting and estate agents has been launched by an individual agency.  Preston Baker...

17 May 2024

From: Breaking News

Labour split as MP defies party policy and calls for rent controls

A Labour MP is calling for rent controls to be introduced, with powers for councils to tweak them as they see...

17 May 2024

From: Breaking News

Get the Rent To Rent house in order, demands Propertymark

Propertymark has come out in support of the National Trading Standards Estate and Lettings Agency Team’s probe into Rent-to-Rent.    NTSELAT has...

17 May 2024

From: Breaking News

Want to save 25 minutes per transaction? PropTech link-up claims you can...

The Property Franchise Group is to roll out a partnership with PropTech firm Coadjute TPFG, the largest franchise estate agency group in...

17 May 2024

From: Breaking News

Tenant Turnover - landlord sales and not evictions are chief cause

Some 50% of tenants who moved last year did so because their landlords decided to sell the property.  By contrast, eviction was...

16 May 2024

From: Breaking News

Hate Crime - Anti-Second Home Posters reported to police

Anti-second home posters seen in parts of North Wales and on social media have been reported to the police as a...

16 May 2024

From: Breaking News

Brexit and High Interest Rates pose major challenges to agents

Letting agents believe Help to Buy has been the most positive influence to the property market in recent times, while on...

16 May 2024

From: Breaking News

Far cheaper to rent than to buy in London - new figures

Londoners looking to buy a home can expect to spend 42% more on monthly mortgage payments than tenants pay on rent,...

16 May 2024

From: Breaking News

Pity The Poor Renter - analyst says tenants face tough conditions

An Office of National Statistics survey shows that the top three issues facing the UK are still the cost-of-living crisis (89%),...

16 May 2024

From: Breaking News

Banned - rogue agents disqualified for abusing Covid loan scheme

The husband-and-wife directors of a Cornish lettings and estate agency have been disqualified from being company directors for a combined 12...

15 May 2024

From: Breaking News

New location for long-standing Savills operation

Savills has moved to a new office in Petworth town centre, from which its lettings and other services will operate.  Savills, and...

15 May 2024

From: Breaking News

Agency appointed to service new Build To Rent scheme

The agency Centrick has been appointed to launch and operate a new multi-million-pound Build To Rent development in Leicester.  Centrick will provide...

15 May 2024

From: Breaking News

Tax - that’s why rents are rising so much

Propertymark has given its view on why private rents have risen so much - 6.1% in England, 7.0% in Wales and...

15 May 2024

From: Breaking News

Election Gimmick Stamp Duty Cut would trigger evictions - claim

A stamp duty cut in the run up to a General Election would see house prices go up and evictions soar,...

15 May 2024

From: Breaking News

£1.3m fundraise for PropTech rental instant messaging platform

Rental PropTech platform Krispyhouse has secured £1.3m in second-round fundraising. The residential rentals app and online platform is reported to have secured...

14 May 2024

From: Breaking News

Airbnbs may need Planning Consent in key tourist location

A council claims it’s reached an important stage in the process of deciding whether to implement the Article 4 Direction power...

14 May 2024

From: Breaking News

16 February 2016

From: Video Articles

28 May 2015

From: Video Articles

14 May 2015

From: Video Articles

08 May 2015

From: Video Articles

28 April 2015

From: Video Articles

MovePal MovePal MovePal