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Buy to let portfolio used for housing association tenants

A council that is buying private properties in second home hotspots to let to local people has struck a new agreement...

16 February 2024

From: Breaking News

Housing Courts the best way to counter threat of S21 removal - claim

Propertymark is urging the Sunak government to introduce specialist housing courts with expert Judges who can expedite cases and create a...

15 February 2024

From: Breaking News

New tenant referencing service launches today

VISTA, a tenant referencing service first announced back in November, launches today. Insurance and referencing service HomeLet says the product will “provide...

15 February 2024

From: Breaking News

Alto announces link-up with deposit alternative supplier

Agency software service Alto has announced a new integration with Zero Deposit.  Research by Zero Deposit shows that 65 per cent of...

15 February 2024

From: Breaking News

Inspirational broadcast star to address Propertymark One

Inspirational broadcaster and author Katie Piper is set to take to the stage at the Propertymark One Conference at the ExCel...

15 February 2024

From: Breaking News

Third independent lettings operation snapped up by franchisee

Long-standing lettings franchisee Kevin Hall has snapped up a third independent agency in his town. Hall, who has run the Ashford branch...

15 February 2024

From: Breaking News

Major agency reinstates lettings division three years after sell-off

Major regional independent agency Dacre, Son & Hartley is expanding its offering by re-entering the residential lettings and property management market...

14 February 2024

From: Breaking News

Regulating agents will make property ownership more transparent - claim

Propertymark says the regulation of property agents and the creation of a statutory Code of Practice can improve the transparency of...

14 February 2024

From: Breaking News

High profile lettings agency chain sets minimum qualification goal

Belvoir Group has linked up with Propertymark in a deal which they say will “help further improve standards and enhance financial...

14 February 2024

From: Breaking News

Huge rise in rental stock in London prompts rent falls says top agency

London landlords have started the new year by dropping their rents according to lettings agency Chestertons, whose data suggests that there...

14 February 2024

From: Breaking News

Agents’ desperate plea to prevent exodus of student landlords

Propertymark has called on the UK Government to prevent a mass exodus of student landlords.   The news comes as a poll conducted...

14 February 2024

From: Breaking News

Starmer insists Awaab’s Law will be extended to private rental sector

Labour leader Sir Kier Starmer has confirmed that Awaab’s Law - putting a strict timescale on urgent repairs being done -...

13 February 2024

From: Breaking News

Purplebricks boss slams Tories in unexpected attack

While most agents remain relatively tight lipped about party politics, the chief executive of Purplebricks has said the Tories should take...

13 February 2024

From: Breaking News

Three day lead-generation teach-in for agents

Letting agents looking to boost the power of lead generation are invited to an exclusive event later this week. Agent Rainmaker is...

13 February 2024

From: Breaking News

House Prices see small monthly gains - new index shows stronger market

Another index has suggested a small monthly increase in house prices in England and Wales - even though the annual rate...

13 February 2024

From: Breaking News

High profile supplier restructures and renames

One of the highest profile groups in the private rental sector supplier space - Hamilton Fraser - is restructuring. In future the...

13 February 2024

From: Breaking News

Rental scams could soar as AI spreads, warns industry figure

A prominent industry expert says lettings agents and other property sector insiders should be extra-vigilant over cybersecurity breaches. Neil Cobbold, managing director...

12 February 2024

From: Breaking News

Council attack on private rental sector ‘is next Post Office scandal’ - claim

The excessive enforcement of council rules on private landlords while social housing is so poorly run will be ‘the next Post...

12 February 2024

From: Breaking News

Renters Reform Bill - MPs set to be bombarded by emails

A pressure group unhappy about lack of progress on the Renters Reform Bill wants MPs to be bombarded with complaint emails.  Over...

12 February 2024

From: Breaking News

Private rental demand to soar if bankrupt council ends social housing

Birmingham’s Labour council is considering closing its social housing waiting list to new applicants - and this is likely to trigger...

12 February 2024

From: Breaking News

Five Alive - Franchise agent adds another London branch to empire

Just four months after opening a fourth office of lettings agency Martin & Co in London, franchisee Michael van de Vyver...

12 February 2024

From: Breaking News

Agents plead with Bank of England after buy to let mortgage arrears soar

Propertymark wants the Bank of England to cut interest rates following data showing soaring mortgage arrears and repossessions. Lenders trade body UK...

09 February 2024

From: Breaking News

Shelter threatens government after big rise in Section 21 evictions

Shelter is warning that the government’s failure to abolish Section 21 evictions will backfire and that “renters will remember who stood...

09 February 2024

From: Breaking News

Huge number of new rental licensing schemes set for 2024

A survey of local council private rental licensing schemes says 19 selective and additional licensing schemes and consultations will be taking...

09 February 2024

From: Breaking News

Ministers warned not to backtrack on disability housing

According to the BBC, the Government is no longer committed to increase the amount disabled people in England can claim to...

09 February 2024

From: Breaking News

New key figure named for driving Build To Rent in the UK

Legal & General senior executive David Reid has been named as the chair of an influential committee driving forward Build To...

09 February 2024

From: Breaking News

Last-minute government U-turn on HMO regulation changes

The government has done a U-turn on its original policy to relax HMO regulations on private rental properties used by asylum...

08 February 2024

From: Breaking News

Rents nearing ‘affordability ceiling’ - but no new supply in sight

Rents are approaching an affordability ceiling according to Savills - but the agency admits it doesn’t see substantial new supply on...

08 February 2024

From: Breaking News

Fast-expanding agency reveals 10th acquisition in six years

Expanding agency group My Property Box has completed its 10th acquisition in six years, buying Teesside lettings and property investment specialist...

08 February 2024

From: Breaking News

Regional lettings group launches enhanced property management service

Arun Estates - parent company of 100 branches in south east England, including brands Cubitt & West, Douglas Allen, Pittis and...

08 February 2024

From: Breaking News

70 Not Out! Agency celebrates seven decades of service

Lettings and sales agency Gascoines is this week celebrating 70 years of serving the property market in Nottinghamshire. Founded by Doug Gascoine...

08 February 2024

From: Breaking News

Jailed! Agency owner who helped Albanian gang create huge drug empire

A wealthy landlord who set up a fake lettings agency in Hull has been jailed for 11 years for allowing ‘ghost tenants’ to...

07 February 2024

From: Breaking News

Lomond announces another regional rental portfolio acquisition

Lomond has snapped up another rental portfolio. It’s been acquired from the Rendall & Rittner Sales & Letting agency which had a...

07 February 2024

From: Breaking News

New ESTAS winners named in time for spring marketing campaigns

The ESTAS Group says its 2024 Best in Postcode Category Winners will be announced on April 26. This new category was announced...

07 February 2024

From: Breaking News

OnTheMarket president welcomes latest lettings agency  to drop Zoopla

Lettings agency Edward Mellor, which operates its 15 branches across Greater Manchester, has signed up to OnTheMarket. This follows the controversial CoStar...

07 February 2024

From: Breaking News

Build To Rent cheerleaders complain about slow planning consents

The British Property Federation claims the time required for Build To Rent planning applications has significantly increased over the past decade...

07 February 2024

From: Breaking News

AI - many agents are optimistic about Artificial Intelligence

Almost half of more than 400 letting agents quizzed for a new study have expressed their optimism about the impact of...

06 February 2024

From: Breaking News

High profile agency snaps up London independent

The Martyn Gerrard agency has acquired a London independent - Range Homes. Range Homes, based in the north London suburb of Palmers...

06 February 2024

From: Breaking News

MPs turn on Airbnb and other short lets

Prominent MPs from the Conservative and Liberal Democrat parties have renewed their onslaught on Airbnb and other short let platforms.  Former Lib...

06 February 2024

From: Breaking News

Heating Private Rental Properties - council claims EPC success

The number of private tenants in properties that are hard to heat has fallen, a council claims. As agents will know private...

06 February 2024

From: Breaking News

Government rules out council tax reform - no matter how unfair it is

The government has ruled out any reform to the council tax system. There has been long standing criticism of council tax because...

06 February 2024

From: Breaking News

Propertymark’s ringing endorsement for Material Information changes

Propertymark’s property auction division - NAVA - has given ringing endorsement to the Material Information changes demanded under new Trading Standards...

05 February 2024

From: Breaking News

Rents Shock - they’ve fallen for the past three months

New data released by insurance firm HomeLet claims that average rents have fallen now for three months on the bounce. The past...

05 February 2024

From: Breaking News

Political uncertainty suggests ongoing landlord exodus, says Knight Frank

Prime London rental values fell closer to their longer-term average in January, as supply continued to increase - but worries about...

05 February 2024

From: Breaking News

Agent says rents set to fall as economy returns to near-normal

A buying agent claims that rents could finally be tailing off despite some indices showing rises still taking place. According to Rightmove,...

05 February 2024

From: Breaking News

Irish agency snaps up UK independent lettings and sales firm

One of the Republic of Ireland's largest agency chains, Sherry Fitzgerald, has snapped up Belfast independent Simon Brien Residential, known as...

05 February 2024

From: Breaking News

Rightmove snaps up rental-focussed reviews website

A five year old consumer reviews website has been acquired by Rightmove. Homeviews was set up in 2019 and at the time...

02 February 2024

From: Breaking News

Former Foxtons boss to give masterclass on agents’ higher fees

The former Foxtons managing director Peter Rollings is to give agent a masterclass in obtaining higher lettings and sales fees. Rollings will...

02 February 2024

From: Breaking News

Union slams Bank decision as workers face high rents

A trades union has slammed the Bank of England over its decision to keep base rate at 5.25 per cent, saying...

02 February 2024

From: Breaking News

Voids and rents show market “isn’t cooling down anytime soon”

Rents have risen seven per cent in the past year while voids have lengthened in the past month - although remain...

02 February 2024

From: Breaking News

Tens of thousands of new homes built on flood plains, claims insurer

New analysis by insurance giant Aviva reveals that one in every 13 new homes built in England in the last decade...

02 February 2024

From: Breaking News

Experts want major reforms of EPCs and better trained assessors

The Building Research Establishment - which undertakes research, advice, training, testing, certification and standards-setting for the housing sector - is calling...

01 February 2024

From: Breaking News

Interest Rate Decision - all eyes on Bank of England

The Bank of England has kept its base rate at 5.25 per cent but markets forecast this will drop from the summer as...

01 February 2024

From: Breaking News

Wealthy tenants demand prime rental units ‘with highest spec’

A prominent lettings agency is advising landlords to fit out homes in prime locations to the same high specification as if...

01 February 2024

From: Breaking News

Stamp Duty slump is a pre-Budget blow for Chancellor

Stamp duty receipts dipped four per cent to £2.4 billion in Q3 of last year - no less than 25 per...

01 February 2024

From: Breaking News

Build To Rent investment rockets, focussed on major cities

The latest Build To Rent report prepared by lettings agency Savills claims 2023 saw a total of £4.5 billion of investment...

01 February 2024

From: Breaking News

New networking service aims to give property industry a louder voice

A new networking service for letting agents and all other property insiders, including landlords and investors, is being launched today by...

31 January 2024

From: Breaking News

Soaring population likely to trigger much higher rental demand

Government figures suggest the UK population could reach nearly 74m as soon as 2036, largely attributed to rising net migration. This is...

31 January 2024

From: Breaking News

Agents slam government for failing to win industry support for reform

The Renters Reform Bill cannot succeed without proper engagement with letting agents and landlords, Propertymark argues.    According to a Freedom of Information...

31 January 2024

From: Breaking News

Rent controls and EPC laws must be discussed with agents - Propertymark

Scottish councils must engage with letting agents and landlords if radical rental reforms have any chance of working. Propertymark argues that the...

31 January 2024

From: Breaking News

Third of agents seeing rent rises even at weakest time of year

Over a third of ARLA Propertymark members reported in December that rental prices have increased, according to their latest Housing Insight...

31 January 2024

From: Breaking News

British Homes for British Workers - Experts, activists unite in opposition

Seventeen housing organisations have sent an open letter to the government rejecting its idea of prioritising British families when it comes...

30 January 2024

From: Breaking News

Agent’s unique insight into “no end in sight” rental crisis

A managing partner at a letting agency has given an insight into the unique forces which he says is “strangling” the...

30 January 2024

From: Breaking News

Labour call for agents’ qualifications is “laughable and silly”

A law professor has dismissed a Labour call for agents to have qualifications as “eye poppingly silly” and “snobby.” Labour’s shadow housing...

30 January 2024

From: Breaking News

Over-50 year old first time buyers show significant increase

There were 12,000 first time buyers over the age of 50 in the UK in 2022, the latest figures available. This means...

30 January 2024

From: Breaking News

Built To Rent wins lavish praise from property management report

A property management firm claims that energy efficiency is apparently renters’ most important quality when choosing a place to live.  Centrick says...

30 January 2024

From: Breaking News

House builders overwhelmingly want Labour to win General Election

A Knight Frank survey of 50 house builders shows a staggering 70 per cent support for Labour to win the next...

29 January 2024

From: Breaking News

New Year Bounce - strong start to 2024 housing market says Zoopla

A return of pent-up demand and mortgage rates falling below five per cent have boosted the start of the year for...

29 January 2024

From: Breaking News

Is the government deliberately delaying the Renters Reform Bill?

The long-awaited Third Reading of the controversial Renters Reform Bill will not happen this week according to the Leader of the...

29 January 2024

From: Breaking News

Supply-Demand imbalance eases in prime areas - and rents stall

Savills says prime rental growth across London and the country has stalled for the first time in almost three years. In prime...

29 January 2024

From: Breaking News

Ex-ITN Journo to Address Agents’ Conference

A former Economics Editor and Chief Political Correspondent of ITN will be a keynote speaker at the Propertymark One conference in...

29 January 2024

From: Breaking News

Problem properties hit two thirds of renters, claim lettings group

Two thirds of private renters have experienced a problem with the quality or condition of their property in the past six...

26 January 2024

From: Breaking News

New buy to let city hotspot identified by insurance analysis

Glasgow has been revealed as the UK city with the biggest rise in the number of buy to let properties in...

26 January 2024

From: Breaking News

Rent rises slow to a trickle - new figures for London and beyond

The average advertised rent for new properties coming to market hits another new record outside of London of £1,280 per calendar...

26 January 2024

From: Breaking News

Foxtons heavily reliant on lettings to stay in the black

Foxtons’ unaudited end-of-year trading statement makes no bones about it - the lettings division saved the agency’s bacon in 2023. It suffered...

26 January 2024

From: Breaking News

Glut of long-term empty homes slammed as rental shortage continues

New research shows there are 36,210 long-term vacant homes across London - that’s around one in every 100 properties. The borough in...

26 January 2024

From: Breaking News

Agents List Radical Changes needed to Renters Reform Bill

Propertymark's latest research report suggests some letting agents want radical changes to the Renters Reform Bill now going through Parliament.  The aim...

25 January 2024

From: Breaking News

Council sets up own agency to let and manage private rentals

Winchester council is setting up its own agency to let and manage privately rented homes. Venta Living pledges to provide “high quality,...

25 January 2024

From: Breaking News

PropTech student lettings platform expanding further overseas

Student accommodation booking platform Housemates is expanding overseas. The expansion will cover several major Canadian cities including Toronto, Vancouver and Montreal. Currently Housemates...

25 January 2024

From: Breaking News

Labour bid to regulate agents welcomed by major industry body

The Property Institute has welcomed a Labour Party move to introduce the regulation of property agents across much of the sector. Tabled...

25 January 2024

From: Breaking News

Agency enters partnership with deposit alternative service

Reposit is the latest deposit alternative service to announce strategic partnerships with agencies - the latest signings are Symonds & Sampson,...

25 January 2024

From: Breaking News

Agents risking huge Right To Rent fines - free webinar to help

Propertymark is hosting a webinar where Scott Bailey - policy manager at the Home Office - will answer questions on Right...

24 January 2024

From: Breaking News

Government takes stake in property investment PropTech platform

The UK government has taken an equity stake in the rental investment platform Shojin through the conversion of a pandemic-era loan...

24 January 2024

From: Breaking News

Tory ex-housing ministers at war over Rishi Sunak’s premiership

Two former housing ministers are at war with each other after an attack on Rishi Sunak’s premiership in today’s Daily Telegraph. Sir...

24 January 2024

From: Breaking News

Huge rise in property tax for HMRC ahead of possible Budget change

Figures released by HMRC show that the Treasury raked in £5.7 billion in inheritance tax receipts in the nine months from...

24 January 2024

From: Breaking News

Mortgage experts predict boost in buy to let lending this year

Just under half of mortgage brokers expect to place more limited company buy-to-let business throughout the next 12 months, Paragon Bank...

24 January 2024

From: Breaking News

Growing agency group snaps up three regional agencies

Leaders Romans Group has acquired three major lettings, sales and surveying businesses operating multiple branches across London, Surrey, Oxfordshire and Gloucestershire. The...

23 January 2024

From: Breaking News

Thousands of lettings agencies in financial distress - new figures

Thousands of lettings and estate agencies, and other property businesses, are in ‘critical’ or ‘significant’ financial distress, it’s been claimed. The latest...

23 January 2024

From: Breaking News

London Mayor capping some student rents in the capital

Over £100m has been invested into a new site that will offer purpose b built accommodation for 713 students beds in...

23 January 2024

From: Breaking News

Foxtons’ internal data shows ‘balanced market’ likely this year

Foxtons’ internal lettings data shows that the 2024 lettings market in the capital is likely to be more balanced than in...

23 January 2024

From: Breaking News

Poor communication stops short let repeat bookings - claim

A new study claims holiday rental providers could increase business five fold or more through improved communication. The study asked more than...

23 January 2024

From: Breaking News

Fixflo parent firm links with automated client accounting engine

Aereon - a European software provider that owns high profile PropTech operator Fixflo - has entered a strategic partnership with automated...

23 January 2024

From: Breaking News

Row over government bid to turn renters into first time buyers

Controversy surrounds a government idea - floated over the weekend - to allow renters to secure mortgages with just one per...

22 January 2024

From: Breaking News

Right To Rent penalties soar from today - up to £20,000 fine

Fines for agents and landlords who breach Right To Rent rules increase today from £80 per lodger and £1,000 per occupier...

22 January 2024

From: Breaking News

Major agency group signs deal with deposit alternative supplier

Deposit alternative company flatfair has announced a major new agency partnership with the Andrews Property Group.  Andrews branches will be able to...

22 January 2024

From: Breaking News

Election Year political updates for agents from Propertymark

Propertymark’s monthly political and government update webinars are set to continue in 2024 - General Election year. A statement from the trade...

22 January 2024

From: Breaking News

Propertymark backs extending agency regulation and decent homes standard

Qualifications for property managers in the social housing sector should be extended to the private rental sector too. That’s the view of...

22 January 2024

From: Breaking News

Labour’s backdoor bid to regulate lettings and estate agents at last

Labour is using a Bill currently going through Parliament as a backdoor method to introduce the regulation of lettings, estate and...

19 January 2024

From: Breaking News

Double digit annual rent inflation for five quarters in a row

Average rents in Scotland for new tenancies in the private rented sector have risen by double digits for the fifth quarter...

19 January 2024

From: Breaking News

Unique lettings agent motivation event scores award success

An event which claims to change the fortunes of letting agents has been recognised by the Professional Speakers Academy. Agent Rainmaker Live...

19 January 2024

From: Breaking News

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