HMRC has launched a pilot for the proposed Making Tax Digital service for quarterly reporting - and agents can sign up...
Archive
26 April 2024
From: Breaking News
You don’t have to simply accept things as they are when it comes to managing your client accounts. If your bank...
19 April 2024
From: Sponsored Content
Propertymark is urging the government to tackle the problem of banks closing down undesignated or pooled client accounts of letting agents. HM...
13 March 2024
From: Breaking News
A Parliamentary committee has heard that thousands of small and medium-sized letting agencies were debanked in 2023, with financial institutions forcibly...
11 March 2024
From: Breaking News
Aereon - a European software provider that owns high profile PropTech operator Fixflo - has entered a strategic partnership with automated...
23 January 2024
From: Breaking News
Let's be honest – landlords are the lifeblood of any letting agency. Winning and keeping their business keeps the wheels turning...
19 January 2024
From: Sponsored Content
Who are you and what does it say on your business card? Neil Cobbold, Managing Director What is PayProp and what does it...
08 January 2024
From: 60 Second Interview
A client account is essential to your lettings business, but the rules and regulations you need to follow to keep this...
26 October 2023
From: Sponsored Content
PropTech supplier Lettspay has launched a new client account banking service for letting agents and property managers in partnership with Griffin...
25 October 2023
From: Breaking News
A government minister has pledged to act on the threat to lettings agents posed by banks acting against pooled client accounts. Many...
20 October 2023
From: Breaking News
It looks as if the government is accepting that there is a problem with how banks treat Pooled Client Accounts -...
09 October 2023
From: Breaking News
Propertymark has responded to an HM Treasury consultation on anti-money laundering processes - and in doing so it’s slammed “heavy handed...
28 September 2023
From: Breaking News
Automated client accounting platform Lettspay is set to launch a new client account banking product for letting agents. The supplier has worked...
19 September 2023
From: Breaking News
A second lettings sector body is demanding government action over the problem of client account closures. Accreditation service Safeagent says the government...
09 August 2023
From: Breaking News
The Chancellor, Jeremy Hunt, is being urged to act now to stop the problems banks are creating for letting agents. Following a...
08 August 2023
From: Breaking News
The Renters Reform Bill can be the perfect opportunity for the industry to become more professional - just so long as...
13 June 2023
From: Breaking News
A new survey reveals that the safety of client funds is one of the key reasons why letting agents look to...
08 June 2023
From: Breaking News
The Guild of Property Professionals says PropTech may be the answer to the ongoing problem with client accounts. Since 2019 many banks...
28 April 2023
From: Breaking News
Any lettings portfolio should receive ongoing care and maintenance. A disorganised portfolio, weighed down by junk data, loose ends or lax...
24 April 2023
From: Sponsored Content
Propertymark says banks are still misinterpreting Anti-Money Laundering rules regarding pooled client accounts, making life difficult for letting agents. The trade body...
12 January 2023
From: Breaking News
Automated client account platform Lettspay is to become a supplier to the Federation of Independent Agents. Lettspay, which is registered with the...
12 January 2023
From: Breaking News
UK banks are closing client accounts held by established letting agents and refusing to open accounts for new businesses. The Problem A growing...
19 December 2022
From: Sponsored Content
Goodlord is spreading its PropTech offering into accountancy. It’s launched a new accounting tool which it claims will save some letting agents...
11 October 2022
From: Breaking News
According to the Association of Certified Fraud Examiners, organisations worldwide lose $4.7 trillion to fraud each year, with real estate suffering...
30 September 2022
From: Sponsored Content
Many agencies have long-standing and unresolved banking complaints, for example regarding client accounts: now it’s been declared they have only six...
12 August 2022
From: Breaking News
Propertymark says letting agents should be aware of the financial implications of failing to deregister tenant deposits. This kind of failure after...
26 July 2022
From: Breaking News
Automated lettings and management platform teclet - which is owned by OnTheMarket - has completed another integration with a PropTech supplier. This...
11 July 2022
From: Breaking News
Who are you and what does it say on your business card? Clifford Thomas – Sales Director at The Letting Partnership What is...
06 May 2022
From: 60 Second Interview
Shocking figures have emerged regarding the long-running problems caused by banks demanding that agencies have a designated client account for each...
06 May 2022
From: Breaking News
A PropTech supplier says it’s created a solution to letting agents and landlords who must remain compliant and who want to...
28 April 2022
From: Breaking News
LettsPay, an automated service aiming to simplify the reconciling of tenant rental payments, has won investment from the nurtur.group - the...
21 April 2022
From: Breaking News
Who are you and what does it say on your business card? Sarah Davies, Commercial Director at The Letting Partnership What is The...
21 March 2022
From: 60 Second Interview
PropTech supplier Agent OS is running a survey of letting agents about the vexed subject of specialist client accounts. AgentOS says it’s...
07 March 2022
From: Breaking News
The rental market shows no signs of slowing with ongoing high demand, fuelled in part by the pandemic, creating a buoyant...
01 March 2022
From: Sponsored Content
Letting agents have only 10 days to open segregated client accounts or they could face being expelled by their client money...
22 March 2021
From: Breaking News
Industry supplier The Letting Partnership is calling for businesses to take on more apprentices and support young people in a challenging...
04 December 2020
From: Breaking News
Letting agencies should review banking and payment systems in the light of rule changes and the ongoing challenge of the pandemic. This advice...
20 November 2020
From: Breaking News
Many have speculated, though much of it is anecdotal – how is the UK rental market coping with the fallout from...
08 October 2020
From: Sponsored Content
ARLA Propertymark says there has been a breakthrough on the banking clampdown on pooled client accounts - a pain in the...
10 September 2020
From: Breaking News
ARLA Propertymark has set out its concerns over draft guidance on anti-money laundering produced by a body called the Joint Money...
16 June 2020
From: Breaking News
The Association of Residential Letting Agents is advising member companies to file their accounts on time in order to remain transparent...
03 April 2020
From: Breaking News
Professional client account solutions for modern letting agents Letting agents will need to come up with new ways to manage client money...
05 September 2019
From: Sponsored Content
A leading industry figure is calling on agents to have a Plan B ready if their bank closes undesignated client accounts. This...
21 August 2019
From: Breaking News
Lloyds Bank appears to have contacted at least some of its letting agent clients to say that it is closing all...
08 August 2019
From: Breaking News
The Association of Residential Managing Agents has launched a first-of-its-kind Client Money Protection to members. Although CMP schemes are to be mandatory...
18 October 2018
From: Breaking News
The head of an estate and lettings agency has been expelled from the Royal Institution of Chartered Surveyors after admitting taking...
12 September 2017
From: Breaking News
A leading letting agent campaigning against rental sector deposits is warning that the industry might be hit with “astronominal” insurance premiums...