Archive

Residential property sales were up by 7% in July compared to the same month year, with 90,630 transactions, official figures show. But...

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

Rightmove, still very much the Number One portal despite growing competition, is launching a new national marketing campaign this coming weekend. The...

Edinburgh-based property portal ESPC has revealed the top-performing Edinburgh postcodes in terms of rental yields, for the second quarter of 2024. The...

Consumer organisation Which? claims there are some 1,000 reports of rental fraud scams a month at this time of year. It says...

A regional agent says the fear of further taxes on the private rental sector may lead to a spurt of landlords...

It’s being reported that Lomond Group, the chain of lettings agencies owned by a division of Lloyds Banking Group, is likely...

The rise in consumer inflation from 2.0% to 2.2% is “an unfortunate but accepted part” of achieving a stable housing market. So...

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

The latest rental market survey by the Royal Institution of Chartered Surveyors suggests there’s still a significant mismatch between supply and...

The chief executive of Purplebricks says he’s backing Labour’s house building plans because of the state of the private rental sector.  Sam...

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

The Bank of England has cut base rate from 5.25% to 5.0% - its first cut in four years. It was a...

The chance of the Bank of England deciding to cut base rate today and thus trigger further interest rate cuts, is...

A court has heard that a trusted lettings manager was discovered to have been diverting company funds to her personal bank...

The Bank of England will trim base rate to 5% next week, according to a majority of economists in a poll...

Some 51% of young first-time buyers are willing to consider so-called ‘non-traditional routes’ to move out of renting and onto the...

A new lettings market index has been launched by the Skipton Group, parent company of Connells, the country’s largest lettings and...

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

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

Former Bank of England governor Mark Carney is warning that homeowners, including those serving the private rental sector, will have to...

Leading property players and analysts suggest that the lacklustre housing market figures produced by the Halifax over the weekend owe more...

Paragon Bank has reduced rates on its core range of buy-to-let mortgages, taking 15bps off 10 products, in addition to launching...

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

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

The decision of property developer Berkeley Group to enter the private rental sector is bad news for tenants, it’s claimed. Berkeley plans...

Work has started on yet another Build To Rent scheme - this time a £13m project in Nottingham. The project, on a...

Lomond has announced yet another acquisition, this time expanding its presence across the south coast with by snapping up Mishon Mackay. The...

The Bank of England has kept base interest rate at 5.25%. Some industry figures hoped for a cut following yesterday’s inflation news,...

Inflation back on target and following speculation about a summer interest rate cut have prompted Propertymark to insist that the Bank...

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

Lomond’s John Shepherd brand has acquired a small Birmingham lettings agency, Xact Lettings. No figure is given for the number of lettings...

The UK housing market has returned to its pre-pandemic size, according to Savills analysis. Overall, the total value of the UK housing...

A small survey by a bank suggests that almost 100% of buy to let investors surveyed have received requests from tenants...

Any lingering hope of a pre-election interest rate cut by the Bank of England has been hurt by the government’s Office...

Lomond’s John Shepherd brand has acquired a small Birmingham lettings agency, Xact Lettings. No figure is given for the number of lettings...

Data sourced from millions of bank accounts reveals spending on rent and mortgages increased 6.3 per cent year-on-year in May. Barclays data...

The director of a London lettings agency says buy to let landlords are entitled to feel downtrodden but claims it’s still...

Citra Living, the Build To Rent offshoot of Lloyds Banking Group, continues with its growth strategy into the private rental sector. Citra...

An agency group with an acquisition programme funded by a private equity operation has snapped up another independent agency. Lomond - which...

Propertymark has stepped into the row over whether there should be more controls over second homes, holiday lets and people from...

Inflation figures are down - but not as much as many analysts expected. The basic Consumer Price Index figure fell from 3.2%...

The International Monetary Fund has suggested that the British economy could accommodate three interest rate cuts this year, with Kate cuts...

Inflation is expected to drop sharply in the April figures due out this week. The Office for Budget Responsibility and Bank of...

A stamp duty cut in the run up to a General Election would see house prices go up and evictions soar,...

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

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

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

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

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

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

You don’t have to simply accept things as they are when it comes to managing your client accounts. If your bank...

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

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

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...

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

The benefits for letting agents to outsource their client accounting is well documented, however with an increasing number of options available,...

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

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

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

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

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

Let's be honest – landlords are the lifeblood of any letting agency. Winning and keeping their business keeps the wheels turning...

There are growing fears that the hoped-for Bank of England base rate cut this spring - the first off possibly several...

Strutt & Parker is leaving its HQ to share premises with other parts of its parent company - and to have a...

Summer looks like it’s going to be a hectic period for lettings agents and the private rental sector according to TV...

The long-running aspiration of many to allow rental payments to be counted towards credit ratings appears to have taken a step...

A severe shortage of properties to rent, fierce competition to secure the homes that are available, and rising rental prices led...

Who are you and what does it say on your business card? Neil Cobbold, Managing Director What is PayProp and what does it...

Propertymark has stepped into the row over a bank chief’s comments on first time buyers. Sir Howard Davies, chairman of NatWest, responded...