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Propertymark asks government: Why bother with local licensing schemes?

Propertymark has responded to the formal consultation schemes being imposed by a string of local councils - but says such measures...

02 September 2024

From: Breaking News

Rightmove beefs up marketing campaign as portal competition hots up

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

29 August 2024

From: Breaking News

Rental yields up to 7.8% in parts of capital city

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

29 August 2024

From: Breaking News

Agents rank most effective PropTech innovations

A survey of over 730 property professionals has found that 76% believe the introduction of technology has changed the UK property...

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

High profile portals merge - what does this mean for agent fees?

PropertyPal - a portal recently at the centre of a fees dispute - has merged with Propertynews. The two brands, which are...

21 August 2024

From: Breaking News

PropTech platform to use AI in next upgrade, as fees rise

PropTech entrepreneur and lettings agent Kristjan Byfield is announcing an upgrade to his platform The Depositary, which will see its first...

19 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

Rents so high they make mortgage-saving nearly impossible - claim

One in 10 UK tenants are now spending at least 60% of their take home salary on their rent, according to...

16 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

OnTheMarket launches new ‘time to let’ rental report

OnTheMarket has launched a new report giving details of real-time lettings activity in local markets across the country.  OTM says that there;’s...

15 August 2024

From: Breaking News

Another lender slashes Buy To Let mortgage rates

Aldermore has cut rates across its buy to let and residential owner occupier mortgages - the latest in a series of...

14 August 2024

From: Breaking News

Buy to let high-yield hotspots revealed by agency

Lettings agency chain Lomond has revealed a list of what it calls “up and coming rental hotspots” with yields having strengthened...

14 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

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

Ex-Knight Frank lettings bosses are new signings for Broker agency

Two new signings for the fast-growing Harding Green broker-model agency are both former lettings managers at Knight Frank. Milly Englander was formerly...

09 August 2024

From: Breaking News

New key figure for property management portfolio of 10,000 units

Ascend, which says it’s now the UK’s largest third-party operator of single-family Build To Rent homes, has recruited a new associated...

09 August 2024

From: Breaking News

RICS Forecast - Rent rises set to be slower and lower

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

08 August 2024

From: Breaking News

Online lettings operation woos landlords with sub-£40 deal

A relaunched online lettings agency operation is offering lettings listings deals to landlords from £39.50. The little known Essex-based Griffin Property Co...

07 August 2024

From: Breaking News

Fast-growing agency snaps up long-running property firm

One of Northern Ireland’s fastest growing agencies has acquired one of the longest running property firms in South Down and established...

06 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

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

Bank of England reveals interest rate decision

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

01 August 2024

From: Breaking News

Agents can use orphaned funds to donate to good causes

The Propertymark Trust is to help agents donate orphaned funds to support charitable causes, thanks to support from CRM suppliers across...

01 August 2024

From: Breaking News

Homes Under The Hammer 'should warn people about buy to let'

An investment expert says TV property shows - especially episodes recorded some time ago - should carry warnings about soaring buy...

30 July 2024

From: Breaking News

Co-living and Build To Rent link-up for deposit alternative service

Deposit alternative service flatfair has entered a partnership with Fresh, a Build To Rent and co-living operator. Instead of paying a traditional...

30 July 2024

From: Breaking News

Rightmove backs Labour efforts to turn renters into first time buyers

Rightmove has thrown its weight behind the new Labour government’s bid to help first time buyers - and it wants it...

29 July 2024

From: Breaking News

Time to modernise deposit system, says family-owned agency

A lettings agent says ‘times are changing with deposits” and claims more landlords and tenants are choosing alternatives.  The comment by Paul...

26 July 2024

From: Breaking News

Pub group boss set to be head of 85-brand agency group

Connells’ new chief executive is to be Helen Charlesworth, who for the past eight years has been managing director at Stonegate...

25 July 2024

From: Breaking News

Revolution! Agents could represent buyers AND sellers

A prominent industry trainer is working with a fledgling sales agency to launch what it calls a “buyer representation programme” -...

24 July 2024

From: Breaking News

Rightmove says big rise in rental supply still nothing like enough

Rightmove says the number of available rental properties is currently 14% higher than this time last year, while tenant demand is...

23 July 2024

From: Breaking News

Connells’ new index shows affordability crisis gripping renters

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

23 July 2024

From: Breaking News

Bidding Wars not the problem - they’re just a symptom

A prominent lettings agent says banning agents and landlords conducting bidding wars for a rental property is not addressing the real...

19 July 2024

From: Breaking News

Will new unfair dismissal rules hit lettings agencies?

While much of the property industry’s response to the King’s Speech focussed on government plans for rental sector and planning reform,...

18 July 2024

From: Breaking News

Ending S21 is fine says leading agent - but safeguards needed

The government’s renewed pledge to end Section 21 eviction powers for agents and landlords is fine, a leading industry figure has...

18 July 2024

From: Breaking News

No details of Renters Rights Bill until October - expert

David Cox, the former chief executive of ARLA Propertymark and now a senior executive at Rightmove, says it’s unlikely we’ll see...

18 July 2024

From: Breaking News

Cost Of Rent Day launched by free-market think tank

The right wing think tank the Adam Smith Institute has launched something called the Cost Of Rent Day. The institute has calculated...

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

Agents can unlock profits at this webinar claims Reapit

Industry technology provider Reapit is holding a webinar tomorrow giving agents “an opportunity for savvy agents to unlock profits through tried...

15 July 2024

From: Breaking News

Independent Agencies Tumble - Lomond's second acquisition this week

The relentless acquisition programme of the private equity-funded Lomond Group continues apace with another acquisition announced today - the second this...

10 July 2024

From: Breaking News

Labour “serious about change” and “grasping the nettle” - top agent

Labour’s proposed planning reforms indicates that the new government is serious about change and grasping the nettle on housebuilding. That’s the view...

09 July 2024

From: Breaking News

RICS urges Labour to move fast on housing pledges

The Royal Institution of Chartered Surveyors has congratulated Labour on forming the next government but says it must move quickly to...

08 July 2024

From: Breaking News

Propertymark wants cross-party housing approach despite Labour landslide

Just after welcoming the appointment of the new Labour government housing minister, Propertymark has gone on to call for a cross-party...

08 July 2024

From: Breaking News

New Housing Secretary named by Sir Kier Starmer

Angela Rayner has been appointed Levelling Up Secretary with responsibility for housing - a role she has in addition to being...

05 July 2024

From: Breaking News

Agency to use Private Equity cash to acquire rivals

My Property Box – a North East-headquartered lettings and sales agency – has struck a multi-million pound private equity deal for it...

05 July 2024

From: Breaking News

Popular Buy To Let mortgage lender is latest to cut rates

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

05 July 2024

From: Breaking News

High profile agency launches new dedicated lettings branch

One of the longest standing and best known lettings agencies in the south east has opened a new office in Esher.  Curchods...

05 July 2024

From: Breaking News

Taxes and Rent Controls top worries ahead of election - agency survey

A nationwide survey conducted by Leaders Romans Group shows significant concerns over proposed rent controls, property taxes, and regulatory changes. LRG this...

04 July 2024

From: Breaking News

High-value tenancies agreed in June were below asking rent - Knight Frank

Knight Frank says tenancies agreed in June for properties asking over £1,000 per week were at a level below the asking...

04 July 2024

From: Breaking News

Agents have “toughest job” in era of high rent rises - claim

Letting agents have the toughest job trying to balance the needs of landlord and tenants while politicians create uncertainty around the...

03 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

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

All-female block management firm refuses kickbacks from suppliers

A female-run block management company says it’s achieved a 30% growth in its client base - and it doesn’t take kickbacks...

27 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

Rightmove: Rental EPCs must be improved with government help

A huge survey involving analysis of over 14,000 properties suggests an urgent need for the next government to help private rental...

26 June 2024

From: Breaking News

HMO sales agency begins UK-wide roll out in four cities

HMO Sales Expert, a 2024 start-up, has launched a UK-wide partnership programme. It’s commenced with Plymouth, Doncaster, Leicester, and Peterborough, and later...

24 June 2024

From: Breaking News

Call for a new Ministry of Housing with long-term minister

The next Government should create a separate Ministry of Housing and encourage MPs of all parties to work together to solve...

24 June 2024

From: Breaking News

Lomond acquires well known south of England agency chain

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

21 June 2024

From: Breaking News

Energy group slams “irresponsible” criticism of EPCs and assessors

The Property Energy Professionals Association - a trade group representing accreditation schemes for energy assessors - is complaining that it’s not...

21 June 2024

From: Breaking News

No explicit pledge to spread rent controls further in Scotland - SNP

The Scottish National Party, which as part of an alliance with the Greens introduced controversial rent controls in Scotland in 2022,...

20 June 2024

From: Breaking News

On-Sale Agency hosting Election Impacts Webinar

Fine & Country - the agency which was recently put up for sale - is hosting a webinar next week to...

20 June 2024

From: Breaking News

Northern Ireland joins The ValPal Network

We’re absolutely delighted to announce that, after 10 years, we’re able to expand The ValPal Network to Northern Ireland. Since our launch...

19 June 2024

From: Sponsored Content

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

Two new London offices for Connells’ high-end brand

John D Wood & Co., one of the UK’s oldest lettings and estate agents dating back over 150 years, has expanded...

18 June 2024

From: Breaking News

Eco-Improvements demanded by most tenants - new bank survey

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

14 June 2024

From: Breaking News

Shelter backs Labour eviction and housing policies

Shelter has spoken out in favour of what it calls “bold” commitments by Labour on the private rental sector and house...

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

Guidance for Agents on smoke, heat and carbon monoxide alarms

Mandatory smoke, heat and carbon monoxide alarms will be introduced to private rented sector properties in Northern Ireland.    Under the Smoke, Heat...

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

Agency hails “transformational” merger with lettings giant

The Property Franchise Group, which calls itself the UK’s largest multi-brand property franchisor, says its merging with lettings giant Belvoir has...

10 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

RICS guide for investors, landlords and other users at auctions

The Royal Institution of Chartered Surveyors has launched what it calls an “impartial”guide for landlords, investors and others buying or selling...

05 June 2024

From: Breaking News

Lloyds Bank rental property initiative signs PropTech deal

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

04 June 2024

From: Breaking News

Pro-regulation Labour veteran takes over industry body leadership

The Property Institute - a body for the residential property management sector - has announced the appointment of a Labour baroness...

04 June 2024

From: Breaking News

Agency plea to rival firms seeking buyers or joint ventures

Independent agency Henry Adams says it wants “entrepreneurs and business owners” to “explore new growth avenues” The company is seeking acquisitions, joint...

04 June 2024

From: Breaking News

Eviction Court Delays still in place for new government to resolve

A prominent solicitors’ firm says the failure of the Renters Reform Bill to become law may have attracted headlines but the...

03 June 2024

From: Breaking News

Independent agency snapped up by private equity cash

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

03 June 2024

From: Breaking News

Zoopla welcomes back regional agent as portal rivalry hots up

Zoopla says a prominent regional agency, Dowen, has returned to its site in a bid to ramp up its plans for...

03 June 2024

From: Breaking News

The magic word that wins landlord clients - ex-ARLA chief explains

A lettings expert is advising agents that “congruence” is key to successful acquisition of landlord clients. Former ARLA Propertymark president and the...

03 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

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

Council-run lettings agency claims to beat  rivals on fees and upfront rent

A council-run lettings agency called YorHome is offering new incentives to woo private landlords away from conventional agents. Besides offering what it...

28 May 2024

From: Breaking News

Reform Bill collapse is “significant setback” claims letting agency boss

The failure of Labour and Conservatives to agree that the Renters Reform Bill should become law by July 4 has been...

28 May 2024

From: Breaking News

Second homes and incomer buyers are good news - Propertymark

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

28 May 2024

From: Breaking News

Half of Agents say they Don’t Know who they’ll vote for

Around half of letting agents and landlords say they are unsure about how they will vote in the General Election. A joint...

23 May 2024

From: Breaking News

Emoov, pioneer online agency, acquired by small family business

A low profile family company called the Griffin Property Company has acquired Emoov, the online agency which was a pioneering name...

22 May 2024

From: Breaking News

Young couple take on lettings agency busy city franchise

A young couple are taking on the franchise of lettings agency Martin & Co in Exeter. Local couple Nik and Rosie Davey...

21 May 2024

From: Breaking News

Agency network links with industry supplier for training courses

Lettings agency giant Belvoir has struck a partnership with a PropTech firm majoring in inventories. InventoryBase Academy has been appointed as Belvoir's...

20 May 2024

From: Breaking News

Propertymark tells politicians - add agent regulation to Renters Reform Bill

As the Renters Reform Bill makes its way through the House of Lords, Propertymark has advised peers not to miss this...

17 May 2024

From: Breaking News

Get the Rent To Rent house in order, demands Propertymark

Propertymark has come out in support of the National Trading Standards Estate and Lettings Agency Team’s probe into Rent-to-Rent.    NTSELAT has...

17 May 2024

From: Breaking News

Banned - rogue agents disqualified for abusing Covid loan scheme

The husband-and-wife directors of a Cornish lettings and estate agency have been disqualified from being company directors for a combined 12...

15 May 2024

From: Breaking News

Tax - that’s why rents are rising so much

Propertymark has given its view on why private rents have risen so much - 6.1% in England, 7.0% in Wales and...

15 May 2024

From: Breaking News

£1.3m fundraise for PropTech rental instant messaging platform

Rental PropTech platform Krispyhouse has secured £1.3m in second-round fundraising. The residential rentals app and online platform is reported to have secured...

14 May 2024

From: Breaking News

“It’s a Game Changer!” - agent praises latest PropTech upgrade

The existing Fixflo integration with Alto has been beefed up to allow the system to create an updated works order with...

13 May 2024

From: Breaking News

Politicians should realise how rent controls force landlords out - call

The pressure on rents for new tenancies in Scotland’s private rented sector have started to ease with all major cities now...

10 May 2024

From: Breaking News

Under 25% of renters bother reading tenancy agreements

A new survey from law firm Weightmans has found that only 24% of renters read tenancy agreements.  It says this is largely...

09 May 2024

From: Breaking News

Almost no agent ready for revised tenancy arrangements

A snap poll of letting agents has revealed that only a tiny percentage have taken steps to prepare for the shift...

08 May 2024

From: Breaking News

OnTheMarket claims parity with Rightmove for new-build listings

It claims that “following a significant increase in the number of new homes advertised on the site” its new build listings...

08 May 2024

From: Breaking News

Letting agent claims area is over-run with Airbnb-style short lets

A lettings agent who is also on the executive of Propertymark claims one of Britain’s tourist hotspots has been over-run with...

07 May 2024

From: Breaking News

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