Archive

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

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

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

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

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

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

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

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

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

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

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

The Leeds- and Manchester-based North Property Group is opening a base in London.  NPG was founded by Oli Banks and Tim Coen...

The Liberal Democrats have called on the government to bring in an emergency ban on no fault evictions and banks repossessing people’s homes...

A consultation to introduce boilers into homes and the private rented sector needs ‘more carrot than stick’ according to a prominent...

Another large Build To Rent scheme is in the offing, this time in Devon’s capital city, Exeter. Plans to build 246 BTR...

HomeLet claims its new VISTA service will revolutionise the lettings industry by eliminating fraud through the use of detection technology and...

A client account is essential to your lettings business, but the rules and regulations you need to follow to keep this...

A government minister has pledged to act on the threat to lettings agents posed by banks acting against pooled client accounts. Many...

There are growing fears of yet another Bank of England base rate rise next month following the surprise inflation figure released...

It looks as if the government is accepting that there is a problem with how banks treat Pooled Client Accounts -...

Propertymark has responded to an HM Treasury consultation on anti-money laundering processes - and in doing so it’s slammed “heavy handed...

The apparent rise and rise of Belvoir Group is down to its resilient business model and the entrepreneurs who run its...

A second lettings sector body is demanding government action over the problem of client account closures. Accreditation service Safeagent says the government...

The Chancellor, Jeremy Hunt, is being urged to act now to stop the problems banks are creating for letting agents. Following a...

Concern remains that the mayhem surrounding the mortgage market may yet trigger a housing market crash. At the start of the weekend...

The Bank of England has announced its latest decision on base rate. This has been increased by 0.25 per cent to 4.5...

The Guild of Property Professionals says PropTech may be the answer to the ongoing problem with client accounts. Since 2019 many banks...

Lettings agency Hamptons is backing Earth Day tomorrow in partnership with removals firm Doree Bonner International and the charity Mind. As part...

A consultancy that handles lettings agency acquisition says funding options exist for companies wishing to buy others, despite rising interest rates. Lucy...

Shawbrook is becoming a bigger player in the buy to let lending market following the acquisition of specialist lender Bluestone Mortgages. Launched...

The Letting Partnership has been helping UK agents build successful lettings businesses since 2006. Despite the current challenging financial landscape, The Letting...

Agency giant Leaders Romans Group has launched a nationwide partnership with the Trussell Trust, which operates many of the country’s food...

A new block of apartments on the banks of a photogenic canal has been given the planning green light - but...

The Bank of England has increased base rate to 4.0 per cent - its 10th rate rise in a row. Nathan Emerson,...

A prominent legal firm has given its view on the five key trends facing the private rental sector in 2023. These come...

Propertymark says banks are still misinterpreting Anti-Money Laundering rules regarding pooled client accounts, making life difficult for letting agents.  The trade body...

UK banks are closing client accounts held by established letting agents and refusing to open accounts for new businesses. The Problem A growing...

Small and medium sized lettings agencies which have had running disputes with banks are being offered a lifeline - but must...

The Valuation Office Agency, which compiles information on rents as part of its lettings market overview, is asking for help from...

Knight Frank says it expects house prices to drop in the coming year - but only to those levels seen in...

The Bank of England is warning that many households will struggle to meet their rent or mortgage commitments if interest rates...

Foxtons has issued a welcome statement to its new chief executive as it seeks to return to past glories. Guy Gittins -...

An analysis from PropTech firm Goodlord claims that agents and landlords would have lost a combined £1m over the last year...

Many agencies have long-standing and unresolved banking complaints, for example regarding client accounts: now it’s been declared they have only six...

Knight Frank is offering its 2,200 UK staff a company-branded debit card which allows them to buy cheap foreign currency. Currensea’s card,...

Many private renters are misguided on what actually contributes to their credit score and thus may not be taking the correct...

Shocking figures have emerged regarding the long-running problems caused by banks demanding that agencies have a designated client account for each...

A PropTech supplier says it’s created a solution to letting agents and landlords who must remain compliant and who want to...

LettsPay, an automated service aiming to simplify the reconciling of tenant rental payments, has won investment from the nurtur.group - the...

Who are you and what does it say on your business card? Sarah Davies, Commercial Director at The Letting Partnership What is The...

PropTech supplier Agent OS is running a survey of letting agents about the vexed subject of specialist client accounts. AgentOS says it’s...

PropTech company Homeppl has launched two products that it calls “revolutionary fraud detection tools” for letting agents. One of the two technologies...

One of Britain’s largest property companies may be sold in one of Britain’s biggest private equity deals. Sky News reports that Terra Firma...

A PropTech firm says Open Banking could help to transform the lettings industry for the better if it is fully embraced.  And...

An investment firm has flagged up the recently announced move by banking giant Lloyds to enter the private rented sector as...

Supermarket chains like John Lewis and banks like Lloyds - both entering the private rental sector as large scale landlords -...

Letting agents have only 10 days to open segregated client accounts or they could face being expelled by their client money...

Real estate as an industry has remained unchallenged throughout all of these years. For the industry worth more than 217 trillion...

Research by Hamptons suggests that the increased house prices caused by the stamp duty holiday sales surge has indirectly obliged more...

A tenant referencing service and lettings insurance provider is linking with an anti-money laundering compliance consultancy. HomeLet and Let Alliance, part of...

Letting agencies should review banking and payment systems in the light of rule changes and the ongoing challenge of the pandemic. This advice...

Letting agents and landlords have faced huge change and uncertainty this year, with Covid-19 the major driver. But even before the...

Government intervention, which in recent years has seen scores of legal and regulatory changes to the private rental sector, may be...

ARLA Propertymark says there has been a breakthrough on the banking clampdown on pooled client accounts - a pain in the...

A foundation which receives substantial funding from trade unions and a charity linked to the Nationwide is calling for rents to...

One of London’s largest lettings agencies is warning its landlord clients to only use mortgage payment holidays offered by lenders as a...

When it comes to good works, one frequently-featured agency is Chestertons in London - and again it’s come up trumps during...

The parlous state of many tenants’ personal finances has been highlighted by website CompareTheMarket which claims that one in 10 rely...

When Wolverhampton estate agency Thomas Harvey opened its doors more than 50 years ago, mortgages weren’t really part of the equation...

Specialist buy to let mortgage lender Paragon has welcomed Labour's General Election pledge to force rental properties to undergo an annual...

Rental platform Canopy, which allows tenants to rent without a deposit, has announced a new partnership which will allow agents and...

An agency that specialises in letting and managing properties in one of the country’s investment hotspots is expanding into a new...

Professional client account solutions for modern letting agents Letting agents will need to come up with new ways to manage client money...

The Trussell Trust, which coordinates the vast majority of the food banks around the UK, is working with the National Landlords...

A leading industry figure is calling on agents to have a Plan B ready if their bank closes undesignated client accounts.  This...

Lloyds Bank appears to have contacted at least some of its letting agent clients to say that it is closing all...

A trade association has called for a 'moratorium' on any further government intervention in the buy-to-let sector in order to stop...

A PropTech product is claiming a breakthrough for letting agents who can now access same-day referencing on prospective tenants. LetAlliance claims that...

There was a notable increase in the number of older buy-to-let investors in 2018, according to Commercial Trust Limited. The specialist buy-to-let...

Agents and prospective buy to let investors keen to grab a slice of the capital’s growing lettings market now have a...

The High Court has ruled that the government’s Right to Rent scheme breaches human rights law. Under the Right to Rent landlords are...

A pressure group that in the past has protested outside letting agency branches has staged more direct action - this time against...

Rent recognition platform CreditLadder, which enables renters to add their payments to their credit history, has announced a partnership which aims...

Lettings agents’ representatives have hit back at an accusation of discrimination made against the industry. A report by Shelter and the National...

A regional newspaper claims that a lettings agency has collapsed, its boss has gone to ground, and thousands of pounds are...

Your buy-to-let investment is an extremely valuable asset and you need to know the income generated from it will be safely...

An agency operating in London and Essex has launched an online petition to oppose the ban on credit and debit card...

The consumer organisation Which? is warning that buy to let mortgages could become more expensive in the near future. This is despite...

A lettings insurance specialist company is warning that students moving into private rental accommodation may pose a greater-than-average risk of fire. Total...

The mortgage director of Romans, one of the country’s largest agency groups, says the new Bank of England rules being introduced...

Specialist mortgage lender Together is the latest company to back the idea of rent payment records being used to measure the...

A trade magazine and a national newspaper are reporting anger amongst landlords, tenants and housing groups following the discovery of a...

The Financial Times reports that the Bank of England is questioning buy to let mortgage lenders and banks as part of...