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Agents berated for boring and useless ‘Free Valuations’

A prominent lettings expert and former president of ARLA Propertymark has berated agents who advertise ‘free valuations.’ Sally Lawson, now well known...

14 May 2024

From: Breaking News

UK’s most lucrative locations for holiday let income

The Cotswolds is the most lucrative place in the UK to own a holiday let, according to Sykes Holiday Cottages. With annual...

14 May 2024

From: Breaking News

Freeholder hits at government over slow responses on building safety row

The corporate freeholder which has been obliged to fix serious building safety issues at a tower block has issued a statement...

14 May 2024

From: Breaking News

Guilty! - Fraudster letting agents duped landlords and tenants

Two London agents who traded fraudulently through their lettings business and scammed victims out of over £24,000 have been sentenced. After a...

13 May 2024

From: Breaking News

“It’s a Game Changer!” - agent praises latest PropTech upgrade

The existing Fixflo integration with Alto has been beefed up to allow the system to create an updated works order with...

13 May 2024

From: Breaking News

Michael Gove turns the safety screws on reluctant freeholders

The government has won a landmark legal challenge against a freeholder forcing it to fix serious building safety issues in a...

13 May 2024

From: Breaking News

Rightmove Money-Making Machine set to hike agent fees again

Number one portal Rightmove has upgraded growth expectations in its latest statement to shareholders - and is again growing its average...

13 May 2024

From: Breaking News

Agents breathe sigh of relief as arrears fall

Propertymark says the lettings market is beginning to stabilise as rent arrears decrease. Propertymark member agents reported that on average, 2.5% of...

13 May 2024

From: Breaking News

Politicians should realise how rent controls force landlords out - call

The pressure on rents for new tenancies in Scotland’s private rented sector have started to ease with all major cities now...

10 May 2024

From: Breaking News

Regional agency set up 28th branch after latest acquisition

North east England operator Pattinson Estate Agency is taking over another local rival firm. It’s acquired NS Bennett Estate Agents, in Stanley,...

10 May 2024

From: Breaking News

All change for Build To Rent as trade group reconstitutes board

The trade body representing the Build To Rent industry wants to recruit people from that sector to sit in its board. The...

10 May 2024

From: Breaking News

New flagship ‘shopping centre’ office for 20-branch independent agency

A 20-branch agency focused on Surrey has relocated its flagship office in the county. Seymours’ new 3,000 square feet office space is...

10 May 2024

From: Breaking News

Growing regional agency snaps up independent to extend reach

Jones Robinson, a lettings and sales agency in Wiltshire, Berkshire and Oxfordshire, has snapped up Manningford Croft, a rival operation in...

10 May 2024

From: Breaking News

Under 25% of renters bother reading tenancy agreements

A new survey from law firm Weightmans has found that only 24% of renters read tenancy agreements.  It says this is largely...

09 May 2024

From: Breaking News

RICS: Landlord instructions in short supply as market slows

The latest RICS UK Residential Survey results suggests that tenant demand continues to lose momentum.  Alongside this, landlord instructions remain in short...

09 May 2024

From: Breaking News

Long-standing lettings agency snapped up by high-end boutique company

Boutique Knightsbridge estate agency Nicolas Van Patrick (NVP) has acquired Chelsea lettings and management company HLR. HLR was established in 1986, growing...

09 May 2024

From: Breaking News

Expansion for well known London lettings and sales brand

London lettings agency Kinleigh Folkard & Hayward is expanding with the opening of a new branch in the centre of Camberwell. Anthony...

09 May 2024

From: Breaking News

Self-employed agency provides analysis of industry recruitment pattern

An estate agency that promotes the self-employed model claims that three areas of the country lead when it comes to industry...

09 May 2024

From: Breaking News

Almost no agent ready for revised tenancy arrangements

A snap poll of letting agents has revealed that only a tiny percentage have taken steps to prepare for the shift...

08 May 2024

From: Breaking News

 Stop Killing Market with Rent Controls, agents tell minister

Propertymark has urged Scotland’s new First Minister to end the country’s housing emergency. John Swinney is now First Minister and says he...

08 May 2024

From: Breaking News

Tenants pushing back against large rent rises: Knight Frank

Rental growth in prime London postcodes has narrowed to levels last seen in the summer of 2021, says Knight Frank.  Average rents...

08 May 2024

From: Breaking News

OnTheMarket claims parity with Rightmove for new-build listings

It claims that “following a significant increase in the number of new homes advertised on the site” its new build listings...

08 May 2024

From: Breaking News

50,000 student rental beds in the pipeline - agency figures

Investment in UK purpose-built student accommodation in the first quarter of 2024 has been described as “robust.” A total of 21 transactions...

08 May 2024

From: Breaking News

For Sale! Agency with 42,500 units under management

It's reported that the Lomond estate agency group, which is heavily backed by private equity and which has expanded through serial...

07 May 2024

From: Breaking News

Lights Out and Away We Go: F1 star to address agents

Claire Williams, the former team principal of the legendary Williams Formula One Team , has been named as one of the...

07 May 2024

From: Breaking News

Sadiq Khan housing tax policies criticised by Left-wingers

Even as he was being elected as Mayor of London for a record-beating third successive time, Sadiq Khan was under pressure...

07 May 2024

From: Breaking News

Letting agent claims area is over-run with Airbnb-style short lets

A lettings agent who is also on the executive of Propertymark claims one of Britain’s tourist hotspots has been over-run with...

07 May 2024

From: Breaking News

Agency flags growing worries over pets in lets

A prominent lettings agency says concern is growing in the private rental sector about the prospect of more pets in properties.  A...

07 May 2024

From: Breaking News

Labour must come clean on Business Rates, says agency

A prominent agent campaigning for business tax reform is urging Labour to come clean on its policies for business rates and...

03 May 2024

From: Breaking News

Property management firm hit with £500,000 health and safety fine

A housing company has been fined £528,000 after an employee repairing a fence post inadvertently struck an underground cable, suffering burns...

03 May 2024

From: Breaking News

Good News - buy to let yields at their highest for six years

The average gross rental yield reported by landlords has reached the highest level since the second quarter of 2018, according to...

03 May 2024

From: Breaking News

Lords won’t wreck Renters Reform Bill - trade body

A lettings sector trade body predicts that the House of Lords is unlikely to make substantive changes to the Renters Reform...

03 May 2024

From: Breaking News

Demand slows as agents warn about unsustainable rent rises

The latest market report from Propertymark’s lettings agents suggests the demand is slowing. The latest data - for March - shows that...

03 May 2024

From: Breaking News

Agency urges second home owners to be Airbnb hosts for tax reasons

The head of a lettings agency in Kent says it would be a “practical solution” for second home owners to become...

02 May 2024

From: Breaking News

Masterclass aims to help agents dominate local markets

Fine & Country says it’s staging so-called Masterclass sessions with experts creating strategies “to help agents dominate the prime property market...

02 May 2024

From: Breaking News

Rent rises moderating as market stabilises ahead of summer

The latest Rental Index from Goodlord reveals that rents are now up by 5.7% over the year.  The price per property over...

02 May 2024

From: Breaking News

PropTech partnership promises lead generation for lettings agents

The ValPal Network has partnered with agency software provider Street.co .uk. This will facilitate the integration of Street’s CRM with TVPN’s lead...

02 May 2024

From: Breaking News

Specialist accommodation listings service recruits extra staff

Student accommodation listings service StuRents has added three new hires as it expands. Chris Glen is the new head of customer success....

02 May 2024

From: Breaking News

Agents urged to understand key tenancy agreement differences

A call has gone out from an industry group for letting agents to be sure they know the distinctions between statutory...

01 May 2024

From: Breaking News

Ground Rents defended by investors’ group

The ongoing debate over ground rents within Government is rapidly becoming a Parliamentary farce that could soon lead to an economic...

01 May 2024

From: Breaking News

Tory says councils lose out by levying second home taxes

A politician is claiming that second home council tax premiums, where owners pay up to double the normal rate, is resulting...

01 May 2024

From: Breaking News

Rental demand to stay strong as first time buyers struggle

Startling regional differences are acting as barriers to those looking to step onto the property ladder for the first time, according...

01 May 2024

From: Breaking News

Shelter demands “overhaul” of Renters Reform Bill

Campaigning charity Shelter is demanding an overhaul of the Renters Reform Bill, which will shortly begin its passage through the House...

01 May 2024

From: Breaking News

Rent Controls - we’re unlikely to follow Scotland, says housing chief

The Housing Secretary in Wales says that nation is unlikely to follow the example of Scotland by introducing rent controls. At a...

30 April 2024

From: Breaking News

Lloyds Banking Group rental project now has 2,000 properties

Citra Living, part of Lloyds Banking Group, is to bring more than 150 new family homes to the rental market in...

30 April 2024

From: Breaking News

50,000 new rental homes needed to meet historic demand - Rightmove

Rightmove says there are still nearly 50,000 rental properties needed to head back to the pre-pandemic level of rental supply. The latest...

30 April 2024

From: Breaking News

Half of Tenants 'get stuck' if letting agents fail to solve problems

Half of all private renters would not know where to turn to if a letting agent failed to address a problem...

30 April 2024

From: Breaking News

Housing Minister to address agents ahead of General Election

Housing minister Lee Rowley will be taking centre stage at the largest property agency conference in the UK this summer, Propertymark...

30 April 2024

From: Breaking News

Banned - Agency cannot let homes for four years; put on rogues’ database

A council has placed a Banning Order on a lettings agency operating unlicensed Houses in Multiple Occupation. Trophy Homes Ltd was hit...

29 April 2024

From: Breaking News

Under half of homes listed to let are actually available - industry figure’s claim

A controversial rental sector figure claims over half of the properties listed to let are actually available for a tenant to...

29 April 2024

From: Breaking News

Franchise chain launches campaign for new recruits

Winkworth has appointed an ex-Chestertons and ex-Strutt and Parker industry figure to recruit new offices to the agency’s network. Chris Brand, who...

29 April 2024

From: Breaking News

Political Chaos is perfect time to ditch rent controls - housing bodies

The political chaos in Scotland presents sensible politicians with an ideal chance to resent housing policies and ditch rent controls. That’s the...

29 April 2024

From: Breaking News

ESTAS announce new PropTech headline partners for 2024

The ESTAS, the customer review and awards platform, has unveiled new headline partners for 2024. Reapit and PayProp will become the Headline...

29 April 2024

From: Breaking News

Renters Reform Bill “still misses the mark” says Propertymark

Propertymark says the controversial Renters Reform Bill still misses the mark, despite a string of amendments made to it as it...

26 April 2024

From: Breaking News

Tax Alert - Agents can urge landlord clients to take part in pilot scheme

HMRC has launched a pilot for the proposed Making Tax Digital service for quarterly reporting - and agents can sign up...

26 April 2024

From: Breaking News

Toxic attitude to Private Renting may now change, hopes lettings chief

A prominent lettings agency operator says he hopes the “toxic” attitude to the private rental sector by the Scottish Government may...

26 April 2024

From: Breaking News

Renters Reform Bill - groups still lobbying for further changes

A coalition of higher education and student housing organisations have called on the government to make further changes to the Renters...

26 April 2024

From: Breaking News

Build To Rent claims it already conforms with Reform Bill ideals

A trade body representing Build To Rent operators claims that the sector “already accommodates the Bill’s proposals” in terms of tenants’...

26 April 2024

From: Breaking News

Gove hits back at critics after Renters Reform Bill wins key vote

Michael Gove’s Department of Levelling Up, Housing and Communities hit back overnight at critics of the government’s Renters Reform Bill. The Bill...

25 April 2024

From: Breaking News

PropTech tool will help eviction process under Renters Reform Bill changes

A new communications log feature has been introduced by a PropTech supplier which allegedly makes it easier to gather evidence for...

25 April 2024

From: Breaking News

More tenants borrowing to fund deposits on next property - claim

The percentage of tenants borrowing money to fund their cash deposits on their next property has risen over the last 12...

25 April 2024

From: Breaking News

Rental market back to normal in Prime Central London says agency

The Prime Central London lettings market is returning to normality, a prominent agency says. JLL says average rents fell 1.4% between Q4...

25 April 2024

From: Breaking News

Agents proud of the industry…not so keen on the system

Some 83% of estate agents are proud of their profession, says a new survey. The poll of 1,728 estate agents, commissioned by...

25 April 2024

From: Breaking News

Cheaper to buy than rent in every major British city - Rightmove

Rightmove says it’s now cheaper to buy than rent in each of Great Britain’s biggest cities, highlighting why many determined first-time...

24 April 2024

From: Breaking News

Extraordinary 200 amendments to Renters Reform Bill in Commons today

There’s a huge number of amendments to the Renters Reform Bill, which has its Third Reading in the House of Commons...

24 April 2024

From: Breaking News

Propertymark not giving up on the Regulation of Property Agents

Propertymark says it will continue lobbying government for the implementation of the Regulation of Property Agents - even though the government...

24 April 2024

From: Breaking News

Foxtons’ internal lettings data shows market returning to normal

Data from in-the-news agency Foxtons reveals rental applicant demand has increased 9% from February, yet is now still 14% lower year...

24 April 2024

From: Breaking News

New Holiday Lets booking system rivals hotels, says supplier

PropTech firm Pikl is launching an insurance-backed cancellation product specifically for holiday lets that will enable operators to offer the same...

24 April 2024

From: Breaking News

Propertymark guide helps tenants complain and challenge rent rises

A new guide from Propertymark explains the rights which private rental tenants have - and sets out how they can challenge...

23 April 2024

From: Breaking News

Boost for Buy To Let as mortgage product choice improves

There's good news for the buy to let sector as mortgage product availability is showing signs of stability, according to the...

23 April 2024

From: Breaking News

Big HMRC fines for agents prompt Anti-Money Laundering guidance

Recent substantial fines issued by HMRC are a harsh reminder to agents to ensure that their Anti-Money Laundering policies are up...

23 April 2024

From: Breaking News

Backing for Ground Rent Cap being announced this week

An amendment is expected to be made by the government to its Leasehold and Freehold Reform Bill. The Bill, put forward by...

23 April 2024

From: Breaking News

Agents urged to attend Equality and Cultural Awareness event

Propertymark is urging member agents in Wales to attend a so-called Cultural Awareness Course which will explain their responsibilities under the...

23 April 2024

From: Breaking News

Get On With It - major agency tells government to reform renting

A major agency has told the government to get on with ensuring the Renters Reform Bill is passed into law as...

22 April 2024

From: Breaking News

Grow Your Lettings Agency - free webinar this week

Rightmove is hosting a webinar tomorrow for owners and managers of lettings agencies, focused on growing their business to the maximum...

22 April 2024

From: Breaking News

Rent Controls - Call by Labour MPs in defiance of party policy

Five Labour MPs have put forward an Early Day Motion in the House of Commons calling for rent controls - even...

22 April 2024

From: Breaking News

Regulation of Property Agents - government slammed by Lords

The government’s failure to act on the Regulation of Property Agents (RoPA) working party - chaired by Lord Richard Best and...

22 April 2024

From: Breaking News

Independent agency runs seminar series for new landlords

Top tips will be provided for landlords in the private rental market in a seminar next month organised by high profile...

22 April 2024

From: Breaking News

Agency has not paid Fixed Penalty Notice in dispute over deposit

A statement from a city council claims that a property company failed to attend court in a case of deposit protection,...

19 April 2024

From: Breaking News

Online firm launches budget “self-service” lettings platform

An online lettings platform claims to have launched the first “end-to-end self-service lettings platform” which could save landlords around £3,800. Hello Neighbour...

19 April 2024

From: Breaking News

Lettings chief claims “renting negatively impacts life”

A prominent supplier of deposit alternatives to lettings agents has come out and said that “renting negatively impacts quality of life,...

19 April 2024

From: Breaking News

Seasoned lettings expert joins regional agency

A seasoned lettings expert has been taken on to boost the success of an agency branch in Surrey. James Clarke, with 25...

19 April 2024

From: Breaking News

Local man with global experience takes over branch franchise

Stephen Castellani has been confirmed as the new owner of Martin & Co’s Tonbridge office, taking the reins from Robert Gordon-James...

19 April 2024

From: Breaking News

Rent Ceilings Have Been Reached - agency's stark warning

The chief executive of one of Britain’s largest franchise agency chains is warning that rents may no longer be able to...

18 April 2024

From: Breaking News

Franchise group claims letting agents revenue could be £100k a year

Property investment and management company The Sourced Group says its new lettings division which “presents franchisees with the chance to generate...

18 April 2024

From: Breaking News

Renters Reform Bill back in the Commons next week

A government-supporting newspaper says the Renters Reform Bill will be back in the House of Commons next week. Observers have been expecting...

18 April 2024

From: Breaking News

TV Property Guru to give keynote speech at Propertymark One

TV property guru and Move iQ founder Phil Spencer to be a keynote speakers at Propertymark One this year, the trade...

18 April 2024

From: Breaking News

Deposit Alternative service plays up ‘unaffordable’ rents

A deposit alternative service claims the cost of rent has outpaced salary growth by 5.2% over the past 10 years, leaving...

18 April 2024

From: Breaking News

Acquisition of agency network, 60 staff and 1,100 lettings portfolio

An agency has snapped up a substantial regional firm involving 60 staff, 1,100 properties under management, as well as commercial, new...

17 April 2024

From: Breaking News

Agency unveils “renewable, sustainable, green branch office”

Leaders - part of the Leaders Romans Group - has unveiled what it claims to one its latest “sustainable office” in...

17 April 2024

From: Breaking News

Average rent arrears climb as cost of living crisis bites

Average rent arrears claims climbed to £1,816 in the first quarter of this year. That’s a rise of 27% from £1,435 in...

17 April 2024

From: Breaking News

Agents Tell Politicians - Stop Arguing and Repair Private Renting

Political parties should stop bickering and instead work together to improve the private rental sector. That’s the view of the Lettings industry...

17 April 2024

From: Breaking News

City Build To Rent Schemes - two new announcements

Developer Beech Holdings has secured planning permission for its luxury development of Build To Rent apartments in Sheffield. Sheffield Gardens will include...

17 April 2024

From: Breaking News

Warning: rental reform could mean rewriting tenancy agreements

A lawyer says radical rental reforms proposed for Scotland - which could be a model for change in England and Wales...

16 April 2024

From: Breaking News

Agencies merge lettings teams and set up Joint Venture operation

Two agencies are merging their lettings operations and launching a Joint Venture company to enable continued growth in their respective areas...

16 April 2024

From: Breaking News

Demand cools and supply rises - new lettings analysis

Rents rose 9% on average in the UK in Q1 2024 compared to the same period in 2023, says flatshare site SpareRoom. Out...

16 April 2024

From: Breaking News

Managing agent bags hundreds of homes in new deal with L&G

Property management and facilities firm Pinnacle is to become the leading managing agent for Legal & General Affordable Homes. In recent weeks, the...

16 April 2024

From: Breaking News

Tenant demand easing at last says agency chief

The UK's rental market is experiencing a slowdown says a lettings chief. Nicky Stevenson, Managing Director of Fine & Country notes that...

16 April 2024

From: Breaking News

Interest Rates to stay high despite this week’s good inflation news

Interest rates are expected to stay high despite good inflation news likely to be announced this week. The Office for Budget Responsibility...

15 April 2024

From: Breaking News

Foxtons To Be Sold? Media speculation grows

Lettings giant Foxtons has hired merger and acquisition bankers from Rothschild following pressure from shareholders to sell itself for £160m, the...

15 April 2024

From: Breaking News

16 February 2016

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28 April 2015

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