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KEYWORD "2023" - 100 RESULTS
Agents tell Rayner they’re key to new law applying to private renting

Propertymark is lobbying Housing Secretary and Deputy Prime Minister Angela Rayner to suggest that letting agents have a vital role to...

30 August 2024

From: Breaking News

Propertymark backs bank's bid to turn renters into first time buyers

Propertymasrk has thrown its weight behind Lloyds Banking Group making £2 billion of lending available to first time buyers borrowing more...

30 August 2024

From: Breaking News

New lettings deal is part of LSL Franchising growth plans

LSL Estate Agency Franchising says it’s got “ambitious growth plans” for expanding franchisee patches across the country. In spring 2023 the company...

29 August 2024

From: Breaking News

Rent up to £25,000 a week splashed out by super-rich tenants

Some of the richest people on the world, who use London as one of their bases, are choosing to rent rather...

28 August 2024

From: Breaking News

Labour bid to turn renters into owners will fail, warns finance firm

New Freedom of Information (FOI) data from the Financial Conduct Authority shows that Labour’s plan to introduce a ‘Freedom to Buy’...

22 August 2024

From: Breaking News

Banned! Agency chief cannot let properties for three years

A council says it’s secured the first banning order in its area, securing a stop on a rogue letting agent renting...

21 August 2024

From: Breaking News

Agents slam politicians for new law allowing rent controls

Propertymark has come out with a strongly-worded statement accusing politicians in the Scottish Parliament of ignoring the industry’s views on rent...

20 August 2024

From: Breaking News

Prime London rental market sluggish with lets agreed dipping

London-focussed property data firm LonRes, which analysis activity in the prime areas of the capital, says annual rental growth increased to...

19 August 2024

From: Breaking News

Massive long-term slump in available rental stock - new data

New figures show the scale of the rental supply slump in recent years. The respected Home website, which produces a monthly lettings...

19 August 2024

From: Breaking News

Arrears reach new high, says deposit alternative supplier

Average rent arrears claims reached £2,092 in the second quarter of this year - a rise of 15% from £1,816 in...

16 August 2024

From: Breaking News

EPC Targets - rental analysis reveals dire threat to lettings agencies

A warning has been issued that lettings agencies could lose millions of pounds if landlords quit over new EPC targets. Reapit analysed...

15 August 2024

From: Breaking News

Which rental properties will NEVER reach government EPC targets?

Hamptons lettings agency says it’s calculated what types of homes will be simply unable to be improved to reach the government...

13 August 2024

From: Breaking News

Finance chief says rent controls ‘not the answer to lettings crisis’

Kate Davies, executive director of the Intermediary Mortgage Lenders Association (IMLA), says rent controls are not the magic answer to problems...

12 August 2024

From: Breaking News

Rising rents “force children into mouldy B&Bs” - claim

A charity leader claims spiralling rents are forcing children into what he calls “damp and mouldy B&Bs”. Matt Downie, chief executive of...

12 August 2024

From: Breaking News

Material Information - Propertymark renews call for agent feedback

Propertymark has renewed its call for agent comments on Material Information.  The trade body - in collaboration with TDS, The Guild of...

12 August 2024

From: Breaking News

Buy To Let yields rise for HMOs and company landlords

Landlords generated average rental yields of 6.3% in the second quarter of the year, research for Paragon’s latest PRS Trends Report...

09 August 2024

From: Breaking News

Stricter EPC targets for private rental sector ‘must come with cash help’

Propertymark says stricter rules for EPC ratings in the private rental sector must be backed up with incentives and financial support. The...

06 August 2024

From: Breaking News

Connells says: “No sign of landlords quitting buy to let sector”

In a statement which appears to go against the trend of much of the lettings sector, Connells says it sees no...

05 August 2024

From: Breaking News

Capital Gains Tax revenue up as buy to let investors quit

New figures published by HMRC show a 7% rise in Capital Gains Tax liabilities on the sale of residential property in...

05 August 2024

From: Breaking News

US-style agency signs up with US-owned OnTheMarket

An agency has signed up to OnTheMarket, claiming the portal progress since being taken over by a US firm was the...

02 August 2024

From: Breaking News

Material Information consultation launches - YOUR views wanted!

Propertymark is today launching a consultation exercise, seeking the views of lettings and sales agents - amongst others - about Material Information...

02 August 2024

From: Breaking News

Rents surge in all regions with one reporting 10% rise

The latest rental index from PropTech firm Goodlord shows record-breaking rises. William Reeve, chief executive of Goodlord, comments: “These July figures show...

02 August 2024

From: Breaking News

Longer tenancies dent lettings income for Foxtons - but it still looks strong

Foxtons latest trading update shows growing reliance on lettings income. However it says the performance - which saw double digit growth in...

31 July 2024

From: Breaking News

Rayner to unveil ‘dramatic’ Labour housing reforms tomorrow

Deputy prime Angela Rayner will tomorrow unveil a new National Planning Policy Framework in a move that will strengthen requirements for...

29 July 2024

From: Breaking News

Latest house-building figures just 50% of what Labour wants

Figures from the National House Building Council show that housebuilding is currently running at only half the rate the new Labour...

24 July 2024

From: Breaking News

Landlords are getting younger, new data shows

The average age of landlords acquiring new rental property with a buy to let mortgage has fallen over the past decade,...

18 July 2024

From: Breaking News

Alarm Bells for Build To Rent as building starts show huge slump

New analysis from the British Property Federation (BPF) shows a dramatic slump in the number of Build To Rent units started. Although...

17 July 2024

From: Breaking News

Rents fall in some areas but Connells enjoys lettings growth

Lettings agency giant Connells says the private rental sector performed strongly in the second quarter of 2024 despite worries over future...

16 July 2024

From: Breaking News

Rents rising in most areas as high interest rates hit long-term supply

Asking rents continue to show posi­tive, albeit lower, growth in most regions according to the property website Home. The site conducts a...

15 July 2024

From: Breaking News

Financial services supremo joins board of safeagent

An executive with four decades of experience in the insurance sector has joined the board of accreditation service safeagent as a...

12 July 2024

From: Breaking News

Agents warn Rayner - “don’t scrap Section 21 without a replacement”

Propertymark has warned Labour’s Deputy Prime Minister against scrapping Section 21 eviction powers without an adequate replacement. If Angela Rayner does fulfil...

11 July 2024

From: Breaking News

Tenants reveal biggest ‘deal breakers’ when looking for rental property

Data sourced from millions of Barclays current accounts reveals spending on rent and mortgages rose just 1.5% year-on-year in June –...

11 July 2024

From: Breaking News

Greater supply of rental properties now, says franchise chain

Franchise chain Winkworth says there’s been a greater supply of rental properties in the first half of the year, combined with...

11 July 2024

From: Breaking News

Agency reveals head of fast-expanding super prime lettings office

Knight Frank has named Francesca Fox as Head of Super Prime Lettings in North London.  The agency says this newly created role...

09 July 2024

From: Breaking News

Labour has a mandate to help renters become buyers - PropTech claim

The incoming Labour government has a social mandate to support the next generation of homeowners in the UK, says financial PropTech...

05 July 2024

From: Breaking News

Rightmove says rents at record high, and challenges new government

The latest snapshot of the rental market from Rightmove reveals that average advertised rents for tenants outside of London have reached...

03 July 2024

From: Breaking News

Expect more rent rises in July following long-term trend

Rents in June 2024 rose by 6.7% year-on-year, according to the latest figures from the Goodlord Rental Index.  The Index, which analyses...

02 July 2024

From: Breaking News

Election result already priced-in to housing market, says top analyst

The result of the election isn’t likely to be a gamechanger for the housing market, a prominent business consultancy says.  An analysis...

02 July 2024

From: Breaking News

Warning - ‘new normal’ interest rates to be far higher than before

Although much focus is on the Bank of England and when it will begin to cut interest rates, a sobering warning...

01 July 2024

From: Breaking News

Airbnb regulation review of controversial Scots licensing scheme

A review of Edinburgh’s controversial short term lets licensing will take place this summer. City councillors agreed to publicly consult on the...

01 July 2024

From: Breaking News

Councillors launch attack on unruly behaviour in Airbnbs

The BBC is reporting that councillors in Manchester have launched a series of attacks on users of Airbnb and other short...

28 June 2024

From: Breaking News

Private renters make up one-in-five homeless - charity

Some 8,000 people were forced to sleep rough for the first time in London last year, an increase of 25% on...

28 June 2024

From: Breaking News

Revealed - the new President of ARLA Propertymark

Angharad Trueman, the group lettings director of Andrews Group, is the new President of ARLA Propertymark.  She says her role as President...

28 June 2024

From: Breaking News

Lettings drives huge profits surge for 27-branch agency chain

London agency chain Dexters has reported a huge 23% rise in revenue to £181m - and much of that rise is...

26 June 2024

From: Breaking News

Bidding Wars - letting agents mostly to blame, says campaigner

A ban on so-called bidding wars, which Labour now proposes, would have to include letting agents as well as landlords a...

24 June 2024

From: Breaking News

Deposit Alternative service predicts student rental rush

Deposit alternative supplier flatfair says it’s seen a 30% year-on-year increase in No Deposit tenancies. It also claims 14% more landlords are...

20 June 2024

From: Breaking News

Renting Still Cheaper Than Buying with a 5% Deposit

Would-be buyers with a 5% deposit face paying £300 per month more in mortgage repayments than if they continued renting, says...

19 June 2024

From: Breaking News

Renters Reform Bill flop allows lettings market to return to normal

An increase in property listings is helping to create a more normalised market which is a welcome relief to renters, landlords...

18 June 2024

From: Breaking News

Leasehold Reform Is Far From Over, Whoever Wins on July 4

Leasehold reform still has a long way to run, according to the Association of Leasehold Enfranchisement Practitioners (ALEP). The major party manifestos...

17 June 2024

From: Breaking News

Tenancy check out claims rise, says deposit alternative service

The number of tenancies ending in a claim for more than five weeks’ rent has risen to 17%, a deposit alternative...

14 June 2024

From: Breaking News

Material Information - PropTech tool launched to help agents

Reapit has launched a new feature to help agents comply with material information guidelines from the National Trading Standards Estate and...

14 June 2024

From: Breaking News

RICS rings alarm bells over state of lettings market

The latest residential market survey from the Royal Institution of Chartered Surveyors is raising a red flag over what it calls...

13 June 2024

From: Breaking News

We Can’t Pay More! Affordability crisis dents London lettings market

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

11 June 2024

From: Breaking News

Shock rise in compensation paid by letting agents last year

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

10 June 2024

From: Breaking News

Lettings portfolio snapped up by nearby franchisees

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

07 June 2024

From: Breaking News

Rents may be rising again over the summer - new prediction

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

05 June 2024

From: Breaking News

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

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

04 June 2024

From: Breaking News

Stamp Duty Change from Tomorrow - reminder to agents

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

31 May 2024

From: Breaking News

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

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

31 May 2024

From: Breaking News

Forget party policies - check interest rate movement

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

30 May 2024

From: Breaking News

Build To Rent provider claims record breaking rental unit growth

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

30 May 2024

From: Breaking News

Equity share offer to senior agency staff as firm marks milestone

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

29 May 2024

From: Breaking News

Looking Up! Foxtons internal data shows rental sentiment improving

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

24 May 2024

From: Breaking News

Record business claimed by deposit alternative service

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

23 May 2024

From: Breaking News

Shock figures show half of tenants struggle to find next home

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

22 May 2024

From: Breaking News

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

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

21 May 2024

From: Breaking News

Airbnbs may need Planning Consent in key tourist location

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

14 May 2024

From: Breaking News

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

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

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

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

 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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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 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

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