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Rents Still Rising in most areas of UK

Asking rents continue to show pos­itive annualised growth in all regions except Greater London and Scotland.  That’s according to respected property website...

14 March 2024

From: Breaking News

Family-owned agency signs up to deposit alternative supplier

Family-owned agency Boydens has signed a deal to offer deposit alternative service Reposit to landlord clients. Paul Buck, a representative of Boydens,...

14 March 2024

From: Breaking News

Passive income from buy to let is a myth, warns legal expert

New and past landlords tempted back to Buy to Let have been warned - passive income from property isn’t easy.  This is...

14 March 2024

From: Breaking News

Agency to manage getting empty homes into private rental sector

Owners of vacant properties are being offered an improved incentive to bring their house back into use. Plymouth council is re-launching its...

14 March 2024

From: Breaking News

Banks Closing Pooled Client Accounts - agents urge government action

Propertymark is urging the government to tackle the problem of banks closing down undesignated or pooled client accounts of letting agents. HM...

13 March 2024

From: Breaking News

Prominent industry figure rejects need for agents to have degrees

The chief executive of industry not-for-profit accreditation service Safeagent, says agents do not require degrees to enter the sector or excel...

13 March 2024

From: Breaking News

Right To Buy cash ‘stolen’ by government will worsen rental crisis

An umbrella group called London Councils has expressed “extreme concern” at the government’s decision to stop letting local authorities keep money...

13 March 2024

From: Breaking News

Agency warns of 10% rent slump as supply shows sharp rise

Latest data from agency Chestertons reveals a 125 per cent increase in the number of landlords choosing to reduce asking rents...

13 March 2024

From: Breaking News

Government to double council tax on empty homes after one year

Sharpened rules to double council tax on long term empty properties will come into force from April 1, says the government.  A...

13 March 2024

From: Breaking News

Hamptons uses Connells link to woo investor buyers

Hamptons has launched a residential investment department - and it’s using the sister Connells brand to give new homes more exposure...

12 March 2024

From: Breaking News

Franchisee snaps up rival independent after 14 years

A Hunters franchisee has made his first acquisition - after 14 years. Lester Hurst, who has owned the Otley and Ilkley branches...

12 March 2024

From: Breaking News

Foxtons issues warning to landlords as tenant demand drops

The number of new rental instructions in February was 20 per cent higher year-on-year, says London-focused agency Foxtons. Average rent achieved rose...

12 March 2024

From: Breaking News

Powers to evict anti-social tenants set to be beefed up

Propertymark has welcomed proposed reforms to evict tenants who show persistent anti-social behaviour.   In 2018, a Northern Ireland Department of Justice consultation...

12 March 2024

From: Breaking News

Airbnb sharing short lets data with another government department

Airbnb - which recently announced it’s sharing some information about its landlord hosts with HMRC - is now sharing data with...

12 March 2024

From: Breaking News

New Banking Scandal as thousands of agency accounts are closed

A Parliamentary committee has heard that thousands of small and medium-sized letting agencies were debanked in 2023, with financial institutions forcibly...

11 March 2024

From: Breaking News

Propertymark rejects politician’s criticism of agency qualifications

Propertymark’s training arm, Propertymark Qualifications, says there’s been a strong uptake across the board with the first of its candidates passing...

11 March 2024

From: Breaking News

Mainstream lettings agency diversifies into short-lets management

A holiday lettings agency and an estate agent in a tourist hotspot have joined forces.  Suffolk Coastal will continue with its sales...

11 March 2024

From: Breaking News

Most would-be buyers say they cannot afford an open-market home

A survey from property portal Share to Buy suggests that over three quarters of buyers believe they cannot afford to purchase...

11 March 2024

From: Breaking News

Labour Mayor’s ‘higher rental standards’ charter backed by agents

Propertymark has pledged its support for the Good Landlord Charter initiated by Labour Mayor Andy Burnham but has urged for greater...

11 March 2024

From: Breaking News

Tory MP reported to bring Renters Reform Bill “to brink of collapse”

A national newspaper says the Renters Reform Bill is “on the brink of collapse” as Tory MPs are divided on their...

08 March 2024

From: Breaking News

Build To Rent set to suffer from Hunt’s stamp duty changes

Chancellor Jeremy Hunt’s Budget is set to hit Build To Rent. The British Property Foundation is reacting to news that Multiple dwellings...

08 March 2024

From: Breaking News

E-bike Fires cause new tenancy and insurance concerns

Despite several fires in rented properties, the government is proposing to double the maximum legal power of e-bikes. A Department of Transport...

08 March 2024

From: Breaking News

PropTech integration claims to save agents time and money

Agency software suppliers Inventory Base and Street.co.uk has struck an integration partnership that pledges to “drive operational change for property professionals...

08 March 2024

From: Breaking News

National Insurance cut offers chance to identify tenancy fraud

Tenant reference and tech supplier The Lettings Hub claims 25 per cent of fraudulent documents submitted by would-be tenants were identified...

08 March 2024

From: Breaking News

Agency giant snaps up 2,000-property lettings portfolio

Fast-growing Lomond has acquired a rental portfolio of in excess of 2,000 units. It has bought Tay Letting and its rental portfolio...

07 March 2024

From: Breaking News

PropTech sector gives a thumbs down to lacklustre Budget

The PropTech sector has mostly agreed with the rest of the industry in its view on yesterday’s Budget - that it...

07 March 2024

From: Breaking News

Carbon Neutral Claim by large lettings and sales agency group

Leaders Romans Group claims to have achieved carbon neutrality for a second consecutive year.  A statement claims LRG has undertaken “several notable...

07 March 2024

From: Breaking News

Regulation of lettings agents imminent, suggests Propertymark

Propertymark says the regulation of agents has come a step closer.   The trade body gave evidence at a House of Lords Industry...

07 March 2024

From: Breaking News

OnTheMarket begins new charm offensive to win agents

OnTheMarket is starting another round of its Town Hall in-person sessions - once again in a bid to win agents. Jason Tebb...

07 March 2024

From: Breaking News

Chancellor reveals property tax change in Budget

The Chancellor has used his Budget to confirm a 2p cut in National Insurance, from April 6. This will take it...

06 March 2024

From: Breaking News

Business Rates - Agency warns Hunt he has last chance to get them right

The Chancellor has one last chance to come good on the election promise of lowering the burden of business rates –...

06 March 2024

From: Breaking News

Working from home triggers higher rents in outer commuter areas

Towns within commuting distance of big cities have seen some of the UK’s largest rent rises in recent years, says Zoopla. The...

06 March 2024

From: Breaking News

London lettings agency expands network with 14th branch office

London lettings agency Martyn Gerrard has opened a new flagship office in Hampstead, expanding its network across the North and Northwest...

06 March 2024

From: Breaking News

TV presenter to hand out awards at agents’ conference and ceremony

A TV presenter with experience of property shows - Laura Hamilton - will be presenting the gongs at the Annual Guild...

06 March 2024

From: Breaking News

Renters Reform Bill threat to student accommodation, say experts

New research suggests that a majority of the British public believe the government should be doing more to support students find...

06 March 2024

From: Breaking News

Rental Sector Tax Grab - leading agency boss speaks out

A figure in one of the country’s highest profile lettings companies has hit out at a government proposal to penalise the...

05 March 2024

From: Breaking News

Renters Reform Bill should include regulating letting agents, says Propertymark

Propertymark will appear in front of the House of Lords’ Industry and Regulators Committee tomorrow morning, urging the regulation of lettings...

05 March 2024

From: Breaking News

Nationwide demands four tax changes to help the private rental sector

Nationwide has taken the unusual step of using its buy to let lending arm - The Mortgage Works - to make...

05 March 2024

From: Breaking News

Companies House clampdown on dodgy agents’ data and information

Companies House has new powers from this week to combat fraud. These are measures under the Economic Crime and Corporate Transparency Act...

05 March 2024

From: Breaking News

Older Persons charity hits out over Renters Reform Bill rumours

A charity providing support for older people facing financial hardship has hit out at the government over rumours concerning the Renters...

05 March 2024

From: Breaking News

Ethical Agent Network launches, promising to be ‘different’

A network uniting so-called ‘ethical agents’ launches today with a promise to be different from the rest of the industry. The Ethical...

04 March 2024

From: Breaking News

Tax Grab - rental sector may not be viable warns Propertymark

The chief executive of Propertymark has made an outspoken attack on the government in response to its latest attempt to extract...

04 March 2024

From: Breaking News

PropTech-savvy agency doubles portfolio …and explains how

Repairs and maintenance specialist Fixflo is running a webinar examining how one client, Umega, used PropTech to more than double its...

04 March 2024

From: Breaking News

Key appointments made to agency’s relaunched lettings division

Just weeks after announcing that it was launching a new residential lettings and property management division, regional agency Dacre, Son &...

04 March 2024

From: Breaking News

Latest Rent Changes and Voids revealed in fresh analysis

The latest Rental Index from PropTech supplier Goodlord has recorded a rent rise and a reduction in void lengths over the...

04 March 2024

From: Breaking News

Tax Raid planned on rental sector in Budget - report

The Budget on Wednesday will contain a £300m tax raid on the rental sector according to a report this morning -...

03 March 2024

From: Breaking News

Agency pays £20,000 to employee for Injury To Feelings

A high profile lettings agency has had to pay almost £22,000 in damages to an employee who raised concerns about safety...

01 March 2024

From: Breaking News

New agency franchisee has pub and decorating business experience

Winkworth has appointed a new franchisee to take over its Worthing office on the South Coast. After 15 years working in estate...

01 March 2024

From: Breaking News

London still attracts rental investors despite 'disjointed' market

A prominent property expert who runs a buying and property management service for high end clients says London still attracts international...

01 March 2024

From: Breaking News

Council buys private homes to let to families on waiting list

Caerphilly council in Wales has bought privately owned properties to provide housing for families who would otherwise find themselves in temporary...

01 March 2024

From: Breaking News

Letting agents demand mortgage lenders cut rates to help market

The letting agents’ trade body Propertymark has made the unexpected move of calling on banks to cut mortgage rates. Rates are typically...

01 March 2024

From: Breaking News

Labour has waded into the increasingly-fractious debate over the Renters Reform Bill. Activists in groups such as the Renters Reform Coalition and...

29 February 2024

From: Breaking News

Agency launches Platinum Homes service for high-end lettings

Home Counties agency Bridges today launches Platinum Homes, which it describes as “a bespoke sales and lettings service catering to premium...

29 February 2024

From: Breaking News

Industry supplier claims sharp spike in arrears

Data released from Reposit, a deposit alternative service, reveals what it calls “a concerning surge in rent arrears” during the final...

29 February 2024

From: Breaking News

PropTech service launches revised website and blog

Automated rental payment service PayProp has revealed a revamped website.  The service described the new site as “a refreshed web presence that...

29 February 2024

From: Breaking News

£900 pcm for cheapest flat in 22-storey Build To Rent tower

One of the first Building To Rent schemes in Wales - a 22 storey tower - has seen its first residents...

29 February 2024

From: Breaking News

HMRC reminds agents to update email and instant messaging contacts

Email and instant messaging contact details must be kept up to date for HMRC to contact agents about Anti-Money Laundering supervision. Propertymark...

28 February 2024

From: Breaking News

Purplebricks high-flyer jumps ship to traditional agency group

National property services group, Leaders Romans Group has snapped up Purplebricks’ lettings chief to become a director in its property management...

28 February 2024

From: Breaking News

Agency acquires lettings portfolio from liquidated competitor

Glasgow agency Rosevale Letting has significantly increased its portfolio of managed properties after acquiring letting properties from a competitor, Ross Sales...

28 February 2024

From: Breaking News

Student rental income soars as supply lags behind demand

Corporate student accommodation provider Unite Group has reported a big jump in earnings on the back of a shortage of lets...

28 February 2024

From: Breaking News

Final 48 hours for Property Awards nominations

Property professionals have less than 48 hours to submit entries for the Midlands PROPs Awards.  The search for the very best of...

28 February 2024

From: Breaking News

Foxtons says Build To Rent has vast growth potential as tenants age

Foxtons says the Build To Rent sector has vast growth potential - and even now in its infancy it is enjoying...

27 February 2024

From: Breaking News

PropTech: New Lettings Progression function for agents - and soon

Alto says it’s introducing new Lettings Progression functionality which will roll out in the first half of this year - so...

27 February 2024

From: Breaking News

Shelter lobbies politicians with ‘rental plan to end homelessness’

Shelter is calling for the construction of 90,000 rental properties each year for a decade - and it claims this would...

27 February 2024

From: Breaking News

Property management qualifications - two agents' success stories

Karen Stanley of Stanley Strategic Consultants, and Filomena Crolla of Domus Stay are the first students to pass the highest level...

27 February 2024

From: Breaking News

New analysis of LGBTQ+ inclusion in the agency industry

Propertymark is launching the latest phase of its research into diversity in the agency sector. Last year it worked with the University...

27 February 2024

From: Breaking News

Building society bans mortgages on holiday let properties

A building society has launched a pilot project banning mortgage lending on holiday lets in two tourist areas for 12 months. Leeds...

26 February 2024

From: Breaking News

Shelter demands radical changes to Renters Reform Bill

Shelter is asking for public support for radical changes to the Renters Reform Bill, now going through Parliament. The campaigning charity is...

26 February 2024

From: Breaking News

Mould and Damp: Agents should act now, says Propertymark

Propertymark has used its website and link with a property inspection service to urge letting agents to work with private tenants...

26 February 2024

From: Breaking News

Rental activist to tell lawmakers about regulating letting agents

A prominent rental activist is tomorrow going to tell a House of Lords committee about the need to regulate letting agents. Conor...

26 February 2024

From: Breaking News

Build More Homes! Agents in new desperate plea to government

Propertymark has again urged the UK government to continue with its target of building 300,000 new homes in England a year...

26 February 2024

From: Breaking News

Short Lets Clampdown - More campaigners back Gove

Countryside campaigning charity CPRE has given a warm welcome to Michael Gove’s clampdown on short lets. Earlier this week Housing Secretary Michael...

23 February 2024

From: Breaking News

Beware 1% Deposits - Knight Frank lays into government

Knight Frank has taken the unusual step of suggesting a government proposal for the housing market is high-risk and could even...

23 February 2024

From: Breaking News

Top UK cities for 2024 rental potential revealed by industry supplier

Aldermore has named Bristol, as the best city for landlords to invest in for 2024.  Manchester, Coventry, Brighton and London make up...

23 February 2024

From: Breaking News

Agents making special offers to students to clear glut of properties

Letting agents are reported to be making special offers to students in one of the biggest UK university cities. Durham’s student newspaper...

23 February 2024

From: Breaking News

HMRC rakes in hundreds of millions more in property-related tax

HM Treasury raked in £6.3 billion in inheritance tax receipts in the 10 months from April 2023 to January 2024 according...

23 February 2024

From: Breaking News

Agent stole over £40,000 from firm which hadn’t noticed missing money

A letting agent who stole over £40,000 from her employer was caught when a bank queried the use of a company...

22 February 2024

From: Breaking News

Property firm prepares to launch regional lettings branch network

Specialist property management firm Xenia Estates has announced a shake up ahead of entry into the residential lettings sector. Xenia currently looks...

22 February 2024

From: Breaking News

Historic agency snaps up independent lettings business

Cotswolds and Midlands agency Sheldon Bosley Knight has snapped up a small independent lettings business. Stratford-based Charles Saville Limited adds more than...

22 February 2024

From: Breaking News

Lead Generation - Facebook ads far more potent than previously thought

New research shows that agency leads generated by Facebook ads are much more effective than previously thought - but most agents...

22 February 2024

From: Breaking News

One in nine renters using foodbanks - industry supplier’s claim

A lettings industry supplier claims one in nine renters use foodbanks. A survey of tenants, commissioned by Zero Deposit, found that just...

22 February 2024

From: Breaking News

Gove’s Airbnb Crackdown - Criticism building

There’s growing anger over restrictions on private homeowners using their properties via Airbnb and other short let platforms. Earlier this week Housing...

21 February 2024

From: Breaking News

Bootcamp claims to have won agents £62m in additional revenue

Agent Rainmaker’s bootcamp for letting agents returns next month. The four day event is run by former ARLA President and Agent Rainmaker...

21 February 2024

From: Breaking News

Large family-run regional agency snaps up independent rival

Pattinson Estate Agency has taken over a local firm on Teesside. The agency taken over is Browns Estate Agents in Stockton and...

21 February 2024

From: Breaking News

PropTech player’s latest acquisition in bid to be one stop shop for agents

PropTech player Technology Blueprint Ltd has completed the integration of compliance software firm, CheckDocs.  The move is the first in a series...

21 February 2024

From: Breaking News

Renters’ resilience dropping - analyst’s warning

Renters are less financially resilient than recent remortgagers according to an analysis by business consultants Hargreaves Lansdown. It says over two thirds...

21 February 2024

From: Breaking News

Buy To Let lending for older landlords falls off a cliff

New figures from lenders trade body UK Finance show a massive fall in buy to let loans for those aged 55...

20 February 2024

From: Breaking News

Tenants to face lower energy bills - announcement this week

Respected energy industry consultancy Cornwall Insight says the price cap for the April to June period this year - to be...

20 February 2024

From: Breaking News

Knight Frank names new lettings associate for key area

Knight Frank has appointed Louna Del Barrio as lettings associate in a key London office. Del Barrio comes to Knight Frank following...

20 February 2024

From: Breaking News

Leaders Romans Group recruits heavyweight to lead financial services surge

Tom Davies has started with Leaders Romans Group as the company’s first group financial services managing director. This new position coincides with...

20 February 2024

From: Breaking News

Surge in interest for energy efficient homes - Rightmove data

There’s been a surge in enthusiasm for energy efficient homes according to research from heat pump advocates OVO. It says that a...

20 February 2024

From: Breaking News

Radical changes to short let laws proposed by Michael Gove

Housing Secretary Michael Gove has this morning announced wholesale changes to planning and regulations surrounding short lets. His proposals include: - planning permission...

19 February 2024

From: Breaking News

Short Lets Shake Up - Gove slammed for “political posturing”

The trade body representing short lets providers and support companies has reacted angrily to government proposals for a radical shake up. Housing...

19 February 2024

From: Breaking News

Foxtons data show rents dip after explosion in volume of rental instructions

Data released today from Foxtons has found that the number of new instructions in January 2024 was 25 per cent higher...

19 February 2024

From: Breaking News

Ukrainians given visa extension - likely impact on private rental sector

Ukrainians who came to the UK following the Russian invasion will be able to apply for 18-month extensions to their visas,...

19 February 2024

From: Breaking News

Report downplays ‘posh’ image of Build To Rent flats and tenants

A new report suggests that past impressions of Build To Rent and other institution-funded rental units as expensive and concentrating on...

19 February 2024

From: Breaking News

How can agents use PropTech to win new landlord clients?

A free webinar next week will explore how agents can use technology solutions to attract and win new landlords for their...

16 February 2024

From: Breaking News

Lettings Giants Merge - final shareholder approval secured

The merger of two of the largest names in the lettings industry has passed its final hurdle. Belvoir shareholders have now backed...

16 February 2024

From: Breaking News

Agency’s London expansion taps into growing foreign investment

Lettings, property management and sales agency Johns&Co - which celebrates its 10th year in business in 2024 - is opening a...

16 February 2024

From: Breaking News

Nearly two-thirds more homes to let in Prime London than a year ago

Rental growth across prime London slowed again in January, with average rents falling on a monthly basis for the third time...

16 February 2024

From: Breaking News

16 February 2016

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From: Video Articles

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28 April 2015

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