Archive

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

Knight Frank has set out its forecast for the rental sector for the rest of 2024 - notwithstanding political uncertainty. In the...

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

A tax expert is advising anyone involved in the furnished holiday lettings sector to ‘act now’ ahead of upcoming tax changes. Ben...

Just as the prospect of tax rises in the Budget is causing uncertainty in the prime London sales market, so Labour’s...

The number of buy to let property purchases in the UK fell 14% from 224,700 in 2022/23 to 193,700 in the...

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

A report from Propertymark has laid out the stark and in some cases unforeseen consequence of the Conservative government’s phased removal...

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

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

Foxtons says London’s lettings market is now at its summer peak. New internal data from the company claims demand rose by 15%...

A lettings agency is offering tenants guidance on what it calls “how to jump the rental queue.” Benham and Reeves outlines a...

Glenigan, regarded as one of the construction industry’s most respected insight and intelligence consultancies, says the sector will enjoy a long-term...

Leaks over the weekend from what would appear to be government sources suggest some 35 new Bills will be in the...

Knight Frank says the incoming Labour government faces a potential clash between what is politically desirable and economically possible, in terms...

Details have emerged of the first major events of the new government, whatever the result of the General Election on Thursday. Probably...

People who expect to rent throughout their retirement could need an additional £391,000 in savings compared to those who have paid...

Over the weekend the Conservatives pledged that if elected on July 4 they would permanently scrap stamp duty for first time...

An accountancy firm is warning those using Airbnb and similar short let platforms that new tax rules mean they could lose...

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

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

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

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

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

An Office of National Statistics survey shows that the top three issues facing the UK are still the cost-of-living crisis (89%),...

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

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

HMRC has launched a pilot for the proposed Making Tax Digital service for quarterly reporting - and agents can sign up...

Data from in-the-news agency Foxtons reveals rental applicant demand has increased 9% from February, yet is now still 14% lower year...

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...

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

Prime London rental values ticked up 0.3% over the first three months of 2024, according to Savills, as the market continues...

HomeLet and Let Alliance’s chief executive Andy Halstead has called for less “government grandstanding” and more direct action to recognise the...

February saw significant improvements in activity across the prime London lettings market, and annual rental growth also increased slightly after four...

Propertymark has urged the Scottish Government to resolve the country’s ongoing housing emergency. The news comes as Scottish Labour MSP Mark Griffin...

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

Today’s new market snapshot from the Royal Institution of Chartered Surveyors shows tenant demand rising but at a rather more modest...

An umbrella group called London Councils has expressed “extreme concern” at the government’s decision to stop letting local authorities keep money...

Sharpened rules to double council tax on long term empty properties will come into force from April 1, says the government.  A...

The number of new rental instructions in February was 20 per cent higher year-on-year, says London-focused agency Foxtons. Average rent achieved rose...

Chancellor Jeremy Hunt’s Budget is set to hit Build To Rent. The British Property Foundation is reacting to news that Multiple dwellings...

The PropTech sector has mostly agreed with the rest of the industry in its view on yesterday’s Budget - that it...

The Chancellor has used his Budget to confirm a 2p cut in National Insurance, from April 6. This will take it...

The Chancellor has one last chance to come good on the election promise of lowering the burden of business rates –...

A figure in one of the country’s highest profile lettings companies has hit out at a government proposal to penalise the...

Nationwide has taken the unusual step of using its buy to let lending arm - The Mortgage Works - to make...

The chief executive of Propertymark has made an outspoken attack on the government in response to its latest attempt to extract...

The Budget on Wednesday will contain a £300m tax raid on the rental sector according to a report this morning -...

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

HM Treasury raked in £6.3 billion in inheritance tax receipts in the 10 months from April 2023 to January 2024 according...

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

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

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

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

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

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

Agents who want to put their arguments for lettings fiscal reform to the Chancellor have until 5pm next Wednesday to submit...

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

A survey by one of the industry’s deposit alternative services, flatfair, shows that - unsurprisingly - over 61 per cent rank...

David Cox, the former ARLA chief executive, says the earliest that the Renters Reform Bill could come into effect is late...

Knight Frank has taken the unusual step of warning that Tory splits over Rwanda and immigration could force an early election...

Propertymark is telling member agents to be aware of potential risks and help educate tenants to lookout for common scams, especially...

Airbnb and other short let platforms are from this week required to send data on their clients’ earnings to HMRC. And a...

The date has been set for the Spring Budget - the last before the General Election.  It’s to be on Wednesday March...

One of the UK’s leading lettings agents is bemoaning what he calls “the missed opportunity “ to help the rental sector...

Strutt & Parker’s London New Homes staff attribute 50 per cent of their market this year as dollar-based - 30 per...

One of Britain’s leading agents - former RICS residential chairman Jeremy Leaf - says he is seeing a change of mood...

A major property industry supplier claims that the housing sector could meet government targets to improve the Energy Performance Certificate ratings for homes.  Landmark...

All eyes are on HM Treasury this week ahead of the next inflation figures, to be released on Wednesday morning. Analysts suggest...

Propertymark has laid out its proposals to the Scottish Government ahead of its 2024-25 Budget next week. The letting agents’ trade body...

Data from London-focussed lettings agency Foxtons has found that rent is up eight per cent year-on-year, with the London average now...

Scores of councils that enforce licensing regimes on the private rental sector claim they are on the verge of bankruptcy. Almost one...

A student lettings business claims the cycle of booking accommodation for the 2024-25 academic year has already started in some cities. The...

The lettings agency Winkworth has taken the unusual step of criticising policies of a series of councils. The councils are all Labour...

The cheapest end of the rental market is under-supplied and overly competitive, a deposit alternative service claims. The provider - Zero Deposit...

A council has launched its own social lettings agency to work with private sector landlords in tackling the record numbers living...

Propertymark is urging the government to use next month’s Autumn Statement to support low-income households in the private rented sector in...

At a time when the agency industry is being wooed by new self employed business models, a new survey suggests most...

The lettings chief in a prominent regional agency says she’s delighted that Prime Minister Rishi Sunak has done a dramatic U-turn...

An estimated seven million UK households are struggling to keep up with their rent or mortgage payments, Which? warns, with millions...

The Autumn Statement on November 22 is the traditional vehicle for the Chancellor to introduce tax change - but now you...

New figures from Foxtons show that average weekly rent in July 2023 was 12 per cent higher than July 2022.  The agency’s...

The head of one of the country’s highest profile franchise agency empires says the self-employed ethos of some advisers and entrepreneurial...

The Bank of England’s monetary policy committee has announced its decision on base rate. It will rise by 0.25 per cent to...

A strong lettings division has allowed Foxtons to record strong growth in its latest trading statement, despite the challenging sales market. The...

A stark warning has been made to lettings and estate agents that interest rates as high as seven per cent may...

A property industry commentator wants buy to let mortgage rules to be relaxed so that frustrated sellers can let out their...

My Property Box Tyne & Wear has extended its all-inclusive rent deal - and it says it’s in response to concerns...

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

Data from London-focussed agency Foxtons reveals that average weekly rental prices in May have surpassed the peak of 2022. The average weekly...

An insurance firm claims two thirds of people’s typical budgets are too low to afford the average UK rent of £634...

Two prominent trade bodies representing elements of the private rental sector are fighting back against the latest attempt to impose rent...

One of the biggest lenders in the rental space - Paragon Bank - recorded a 19 per cent increase in buy...

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

A London-focused lettings agency says actual rents in the capital are far greater than official average figures produced by the government.  Benham...

Lettings agency Fine & Country believes that tenants will continue to feel the pressure this spring with rental growth expected to...

London-focussed agency Foxtons has reported a huge leap in revenue from its lettings division. Lettings revenue was up 27 per cent in...

Revenue from property taxes in Scotland has dropped significantly so far this year, according to a prominent lettings agency.  DJ Alexander Ltd...

Propertymark has renewed its call for Local Housing Allowance  - which has remained static since 2020 - to be increased. It says...

Trade bodies have been trying to shore up investor confidence after the latest house price index, by the Nationwide, showing another...