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Reform Bill isn’t stopping buy to let investment claims agency boss

A prominent lettings agency claims the Renters Reform Bill is not proving a deterrent to buy to let investors. The Leaders Romans...

15 April 2024

From: Breaking News

How Knight Frank sees it - market update from research guru

It feels as though the UK housing market is waiting for something to happen. The prevailing mood is one of anticipation with...

15 April 2024

From: Breaking News

PropTech: Foxtons to extend digital lettings service into sales

Foxtons says it wants to extend what it calls its “full digitisation of the lettings journey” to its sales side, as...

15 April 2024

From: Breaking News

Buy To Let property profile changes as landlords diversify

Houses in Multiple Occupation are making up an increasing percentage of buy-to-let business, according specialist lender Shawbrook.  In both 2022 and 2023,...

12 April 2024

From: Breaking News

ESTAS Change: new principal partner for this year’s awards event

The ESTAS awards event in October has a new principal partner. It’s Landmark Information Group, which includes Landmark Estate Agency Services, Searchflow,...

12 April 2024

From: Breaking News

Election hopeful demands New Towns to solve housing shortage

Labour must build “a new generation of New Towns” if it gets into government, according to a parliamentary candidate linked to...

12 April 2024

From: Breaking News

Leaseholder Right to Manage webinar for agents and landlords - free

Law firm Bishop & Sewell is hosting a webinar to give leaseholders information and advice about the Right to Manage, a...

12 April 2024

From: Breaking News

Agents must work with (not against) those wanting regulation - call

A prominent PropTech entrepreneur is urging agents and other in the property industry to engage with those wishing to introduce regulation...

12 April 2024

From: Breaking News

Trading Standards tells agents - Material Information is key so get on with it!

A representative of the National Trading Standards Estate and Letting Agents team has told agents to accept new rules about material...

11 April 2024

From: Breaking News

AI to drive new property marketing tool from agents’ group

The Guild of Property Professionals is launch a new Ezine system for members to market properties to let and for sale. According...

11 April 2024

From: Breaking News

Lomond acquires another regional agency

Lomond - a firm that now calls itself “one of the UK’s largest acquirers of estate and letting agency businesses” -...

11 April 2024

From: Breaking News

Propertymark back on warpath demanding qualifications for agency staff

Propertymark is demanding equal treatment with the social housing sector. Levelling Up Secretary Michael Gove intends to boost standards in social housing...

11 April 2024

From: Breaking News

Key industry supplier names ex-housing chief as chairperson

The Tenancy Deposit Service, the provider of tenancy deposit protection and dispute resolution services, has appointed Fay Selvan as its new...

11 April 2024

From: Breaking News

Agents facing huge rise in tenant fraud

An analysis of over 600,000 tenancy applications has found that fraudulent applications rose by 140% last year.  The analysis, carried out by...

10 April 2024

From: Breaking News

Business Boost - Landlord champion urges more use of lettings agents

Landlords’ champion Paul Shamplina says more landlords should use lettings agents, who he describes as their “allies” in the battle to...

10 April 2024

From: Breaking News

Top 10 Hotspots for portfolio buy to let investors

Paragon Bank’s analysis of its lending data has revealed the top 10 locations for investment by portfolio buy-to-let landlords, those with...

10 April 2024

From: Breaking News

Agents tell Land Registry to be more accessible (and cheaper)

Propertymark wants HM Land Registry to provide more accessible and affordable services to its members.  HMLR launched a consultation last month as...

10 April 2024

From: Breaking News

Brownfield Development isn’t the only answer, agents tell government

Propertymark wants the government to cool down on its enthusiasm for brownfield development. It says in a response to a consultation that...

10 April 2024

From: Breaking News

OnTheMarket expansion continues as it signs large multi-branch agency

Seymours, one of the largest independent agency networks operating in the South East of England, is to advertise its lettings and sales...

09 April 2024

From: Breaking News

I’m Making You An Offer! - PropTech in Dragons Den-style pitch

A major technology programme has secured what it calls “a landmark co-investment partnership” with Propertymark and the Tenancy Deposit Service group.  And...

09 April 2024

From: Breaking News

Agency aims for high-end market with rebrand and new appointment

Curchods is making a bid to expand its activities in the high end Surrey market with a rebrand of its latest...

09 April 2024

From: Breaking News

Rents Under Pressure in parts of London, admits top agency

Supply has continued to build while demand remained steady, which increased downwards pressure on rents in the first quarter of 2024...

09 April 2024

From: Breaking News

Regional Property Awards - the search is on

The search for the best of the property industry is underway as nominations are now open for the 2024 Variety North...

09 April 2024

From: Breaking News

Almost No Reduction in Buy To Let Supply, insists think tank

There’s been at most a one per cent reduction in landlords in the buy to let sector, a think tank claims...

08 April 2024

From: Breaking News

Propertymark bats off surprisingly downbeat housing index

Propertymark has batted away any possible market pessimism as a result of a downbeat price index result from the Halifax  Just before...

08 April 2024

From: Breaking News

“Bold” new Labour reforms for private rental sector coming next month

An influential Labour website says a raft of proposed reforms for the private rental sector will be unveiled next month -...

08 April 2024

From: Breaking News

Third of landlords may sell this year - shock buy to let statistics

Almost one in three buy to let landlords are set to sell up in the next 12 months. That’s the shock statistic...

08 April 2024

From: Breaking News

Labour pledge to build thousands of “rent control homes”

London Labour Mayor Sadiq Khan says he will build 6,000 “affordable” rental homes by 2030 - with their rents capped. Khan, standing...

08 April 2024

From: Breaking News

Rents over a quarter higher than at the start of Covid - new stats

The latest rental data from PropTech supplier Goodlord has shown that March rents are now up by over 6% year-on-year.  And looking...

05 April 2024

From: Breaking News

Agents say 10 renters to every one property to let

The number of new prospective tenants registered per Propertymark member branch decreased from 97 in January to 89 in February -...

05 April 2024

From: Breaking News

Build To Rent hits the suburbs with new eco scheme

Legal & General’s suburban Build To Rent business, called LGSBTR, has exchanged on 41 new BTR homes in St Neots, Cambridgeshire.   Consisting...

05 April 2024

From: Breaking News

Agents should make quick and better decisions - Webinar coming up

A webinar is coming up aiming to help agents make better decisions and more rapidly. It’s being run by Propertymark which says...

05 April 2024

From: Breaking News

Propertymark says space running out for stands at ‘the big one’

The UK’s largest multi-disciplinary property conference - Propertymark One in association with Rightmove - is in June and the organisers claim...

05 April 2024

From: Breaking News

Agents should help “hard-pressed tenants” urges industry figure

A deposit alternative company is calling on agents to help tenants save an average of £1,000 on up-front costs. Flatfair chief executive...

04 April 2024

From: Breaking News

Agency appoints seasoned management figure as new director

Lettings and property management agency Xenia Lettings has appointed a new director.  Daryl Tomlinson first entered the industry in 2007 as a...

04 April 2024

From: Breaking News

Improving market doesn’t solve underlying problems - Propertymark

Promising figures from the latest house price index doesn’t mean underlying problems in the market have been solved, warns Propertymark. UK house...

04 April 2024

From: Breaking News

Agency warns on landlords’ and tenants’ differing rent expectations

Prime London rental values ticked up 0.3% over the first three months of 2024, according to Savills, as the market continues...

04 April 2024

From: Breaking News

Another independent agency snapped up by franchise giant’s brand

Parkers franchisee Craig Pearson claims to have added a “substantial” number of properties to his Reading branch portfolio after buying an...

04 April 2024

From: Breaking News

Massive PropTech boost from Rightmove and finance institutions

Lloyds Banking Group, Nationwide, NatWest and Rightmove have announced a strategic investment in Coadjute, a prominent PropTech business.  This is the first...

03 April 2024

From: Breaking News

Industry boss slams government for ‘grandstanding’ on rent issues

HomeLet and Let Alliance’s chief executive Andy Halstead has called for less “government grandstanding” and more direct action to recognise the...

03 April 2024

From: Breaking News

Agency set up in a front room will stay in family ownership

The founder of an agency which started life in a front room is handing the family firm over to her son...

03 April 2024

From: Breaking News

Long-established agency rebrands by taking parent company’s name

Burns & Webber, a long-established name in the Surrey property market, is rebranding by adopting its parent company’s name, Curchods.  The four...

03 April 2024

From: Breaking News

New owner for two Surrey agency branches

A new franchisee has been confirmed for Martin & Co’s branches in Caterham and Redhill & Reigate. A portfolio landlord who lives...

03 April 2024

From: Breaking News

Agents warned: Don’t be Left Behind when Regulation Comes In

Propertymark is urging agents to get ahead of the curve and be ready for the next big initiative - Regulation.  Propertymark has...

02 April 2024

From: Breaking News

New Digital Property Logbook tested for lettings market

Property logbook company Chimni is trialling a new form of Digital Property Logbook aimed at the Lettings markets.   The new logbooks...

02 April 2024

From: Breaking News

Angry tenant groups slam Renters Reform Bill changes

Tenant groups and charities reacted angrily over the Easter weekend to the proposed changes to the Renters Reform Bill being advocated...

02 April 2024

From: Breaking News

Tenant awareness of Renters Reform Bill very low, says charity

The substantial majority of tenants are completely unaware of the Renters Reform Bill, it’s been alleged. A survey of over 2,000 private...

02 April 2024

From: Breaking News

Build To Rent sector creates its own Code of Practice

A fledgling trade body has introduced what it calls “principles for a new Build to Rent Code of Practice that will...

02 April 2024

From: Breaking News

Changes to Renters Reform Bill after Easter

The government has written to Conservative MPs promising changes to the Renters Reform Bill to ease concerns over its anti-landlord bias. Jacob...

28 March 2024

From: Breaking News

Agents Furious at Permanent Rent Controls proposed by politicians

Agents have expressed their anger at permanent rent controls proposed by the SNP and Green Party politicians running the Scottish Government. The...

28 March 2024

From: Breaking News

No Rent Controls! Propertymark’s plea to leading politician

Propertymark has issued a no-holds-barred plea to the politician who has been named as the new housing minister in Wales -...

28 March 2024

From: Breaking News

Lettings Helpline and legal advisors hailed as major success

Propertymark says its Lettings Helpline for agent members in England and Wales has become “an essential membership benefit for dealing with...

28 March 2024

From: Breaking News

Business Boosting Benefits promised at latest Agent Rainmaker event

An industry online event which organisers claim bring business-boosting benefits to attendees, is back for another year. The ARX Mastery Challenge is...

28 March 2024

From: Breaking News

Father and Son win big at agency awards ceremony

The Belvoir 2024 Annual Awards have crowded a father-and-son franchisee pairing as the big winners. Paul Wallace-Tarry and his son Richard Wallace-Tarry...

28 March 2024

From: Breaking News

Agents listed on rogues’ database and fined over HMO failures

Managing agents in London have been instructed to pay a £15,000 fine for operating a House in Multiple Occupation without the...

27 March 2024

From: Breaking News

Renting cheaper than owning for most first time buyers says Halifax

For first time buyers, renting is cheaper than buying in most of the UK according to new data from the Halifax.  London, the...

27 March 2024

From: Breaking News

Bank aims to support building of new rental homes

NatWest Group has announced a new package of what it calls ”targeted lending and support” to help local councils provide more...

27 March 2024

From: Breaking News

New London rental licensing regime launches next week

A new borough-wide landlord licensing scheme is set to launch in the London borough of Brent on April 1, the council...

27 March 2024

From: Breaking News

Rent Control architect threatens new package of ‘reforms’

The politician widely regarded as being the architect of rent controls in Scotland says he will shortly present a wider package...

27 March 2024

From: Breaking News

Expelled! Agency kicked out by Ombudsman for just £1,100

A lettings agency has been expelled from The Property Ombudsman scheme following itsfailure to pay £1,100 out of an adjudicated award...

26 March 2024

From: Breaking News

Franchisee doubles rental stock by acquiring nearby branch

Long-standing Hunters franchisee Adrian Lawrence has grown his lettings business by a massive 200% after acquiring the portfolio of nearby Hunters...

26 March 2024

From: Breaking News

Homes Under The Hammer - good times are here for auctions

There appears to be more evidence that these are good times for auctions. Network Auctions says it’s witnessed a sales surge, with...

26 March 2024

From: Breaking News

Rental trade group rebrands in bid to win broader appeal

A group founded eight years ago to represent the Build To Rent niche has now rebranded in a bid to win...

26 March 2024

From: Breaking News

Ground Rents U-turn hailed ‘a victory for common sense’

What appears to be another government housing policy U-turn - this time on ground rents - is being hailed as “a...

26 March 2024

From: Breaking News

Material Information - new digital tool aims to help letting agents

The Open Property Data Association has released a new version of its property data standards framework to help letting agents comply...

25 March 2024

From: Breaking News

OnTheMarket hits record high advertising totals

OnTheMarket continues on its path to try to become the number one property portal, with a boast that it has a...

25 March 2024

From: Breaking News

Local Housing Allowance - momentum grows for annual increase

Propertymark is joining a growing chorus demanding an annual uprate of working age benefits and Local Housing Allowance. LHA rates have been...

25 March 2024

From: Breaking News

Boutique agency snaps up rivals and has cash to buy more

A boutique agency with branches in prime central and south west London has expanded its lettings operation by acquiring two agencies...

25 March 2024

From: Breaking News

New Rental Crisis - big rise in countryside lets as rural house prices soar

England’s county councils want the next government to set out a long-term plan for housing, as a new report claims there’s...

25 March 2024

From: Breaking News

Agent demands end of bizarre rule making tenants pay stamp duty

A prominent lettings agent is calling for an end to what he calls the “archaic” system under which some tenants end...

22 March 2024

From: Breaking News

Gove accused of dragging his feet over agent regulation

The all-party House of Lords Industry and Regulators Committee has urged the government to get on with establishing a regulator of...

22 March 2024

From: Breaking News

Growing agency claims it’s in UK’s top three per cent

Birmingham property agency Davidson Estates has completed the first of what it pledges to be a number of acquisitions with the...

22 March 2024

From: Breaking News

PropTech: enhanced referencing service launched

PropTech platform Goodlord has launched a new referencing service for letting agents, offering what it calls ”a carefully curated balance of...

22 March 2024

From: Breaking News

Co-Living sector grows with key player making another acquisition

Co-living specialist Built Asset Management has snapped up a fourth rival operator in three years.  ProCo-Living joins the BAM business portfolio with...

22 March 2024

From: Breaking News

Get On With It! - agents say Bank should cut rates now

Propertymark is telling the Bank of England that now is the perfect time to cut base rate and trigger wider interest...

21 March 2024

From: Breaking News

Low level of landlord awareness about Reform Bill contents

The removal of Section 21 notices and the end of fixed-term tenancies are the two issues that concern landlords the most,...

21 March 2024

From: Breaking News

Second acquisition of the year for regional agency

Regional estate agency group Sheldon Bosley Knight has snapped up its second business in recent weeks. It’s acquired Charles Kimbell Lettings in...

21 March 2024

From: Breaking News

Government figures show another sharp rent rise

Average UK private rents increased by 9.0% in the 12 months to February 2024 according to the Office for National Statistics. This...

21 March 2024

From: Breaking News

London lettings becoming more stable, says LonRes

February saw significant improvements in activity across the prime London lettings market, and annual rental growth also increased slightly after four...

21 March 2024

From: Breaking News

Give tax perks to renters to help them buy, urges think-tank

A think tank is urging the UK government to consider tax perks for private renters to help them save faster for...

20 March 2024

From: Breaking News

Property portal claims industry-first with AI investment

A property portal claims it’s struck an industry-first by making a “substantial investment” of over £250,000 in Artificial Intelligence.  The local portal...

20 March 2024

From: Breaking News

Advice for agents on tenants with banned dog breeds

Propertymark is highlighting new advice for agents and landlords given by Lets With Pets, the website of The Dogs Trust charity. The...

20 March 2024

From: Breaking News

Investor and landlord purchases rise, despite soaring taxes

The largest lettings agency in Scotland says purchases by landlords and other investor buyers in that country have risen sharply despite...

20 March 2024

From: Breaking News

Agents’ single demand of government - solve the housing emergency!

Propertymark has urged the Scottish Government to resolve the country’s ongoing housing emergency. The news comes as Scottish Labour MSP Mark Griffin...

20 March 2024

From: Breaking News

Phil Spencer asks: Should Agents Manage Short Let Properties?

It’s not easy for anyone - even professionals like lettings and estate agents - to keep up with the blizzard of...

19 March 2024

From: Breaking News

Energy Efficiency - new RICS standard for agents to launch this year

The Royal Institution of Chartered Surveyors has launched a new Residential Retrofit Standard in a bid to help the housing industry...

19 March 2024

From: Breaking News

Major agency announces link with renting-in-retirement specialist

Hamptons is linking with retirement rental specialist provider Birchgrove, pledging to offer “a unique proposition for those seeking quality senior rental...

19 March 2024

From: Breaking News

Leasehold Reform Bill wins a big thumbs-up from agents’ body

Propertymark has urged the Sunak government to press ahead with leasehold reform ahead of the Second Reading of the Leasehold and...

19 March 2024

From: Breaking News

New owner for pair of franchised Lettings offices

Two of Martin & Co’s Oxfordshire branches are under new ownership. David Rebe has taken on the Oxford and Thame branches from...

19 March 2024

From: Breaking News

Warning to Labour leader - no rent controls, yes to lower taxes

The new Labour leader in Wales, Vaughan Gething, has received an early shot across the bows from Propertymark. Gething was elected Welsh...

18 March 2024

From: Breaking News

Complaints About Agents - huge rise in compensation

There’s been a large rise in complaints and a huge increase in compensation according to figures out today from the Property...

18 March 2024

From: Breaking News

Big customer satisfaction win follows agency’s eight year campaign

Knight Frank’s residential operation has won the ‘Best Customer Satisfaction Strategy Award’ at the UK Customer Satisfaction Awards 2024. The agency says its...

18 March 2024

From: Breaking News

No scrapping fixed term tenancies - new appeal over Renters Reform Bill

Propertymark has emphasised the importance of retaining fixed term tenancies under the Renters Reform Bill. Propertymark chief executive Nathan Emerson met Housing...

18 March 2024

From: Breaking News

Tory ex-housing minister quits, claiming he was a success

A former housing minister responsible for the sell off of huge numbers of social homes has told the Prime Minister he...

18 March 2024

From: Breaking News

Crunch Week ahead for interest rates and inflation

Latest inflation figures are announced on Wednesday and the Bank of England makes its next base rate decision on Thursday. The Office...

15 March 2024

From: Breaking News

Over £2,150 pcm for new Build To Rent scheme - and it’s outside London

A new Build To Rent scheme launches in Manchester this summer with the first residents moving in during June. The Castings is...

15 March 2024

From: Breaking News

Big rise in Right To Rent fines

There’s been a rise of over 400 per cent in the monetary total of fines issued for Right To Rent offences...

15 March 2024

From: Breaking News

Lettings chief named for key Knight Frank branch

Knight Frank’s Richmond residential lettings team has welcomed Ivanka Modesteva-Gyurova as Head of Lettings. Modesteva-Gyurova began her career at Foxtons in 2007,...

15 March 2024

From: Breaking News

New chair revealed for long-standing lettings industry group

safeagent, the UK’s largest not-for-profit accreditation scheme for lettings and management agents, has appointed John Midgley as chair of its board...

15 March 2024

From: Breaking News

RICS Warning: rents still rising as landlords quit lettings sector

Today’s new market snapshot from the Royal Institution of Chartered Surveyors shows tenant demand rising but at a rather more modest...

14 March 2024

From: Breaking News

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