Archive

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

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

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...

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

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

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

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

PropTech supplier Lettspay has launched a new client account banking service for letting agents and property managers in partnership with Griffin...

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

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...

Automated client accounting platform Lettspay is set to launch a new client account banking product for letting agents. The supplier has worked...

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...

The Renters Reform Bill can be the perfect opportunity for the industry to become more professional - just so long as...

A new survey reveals that the safety of client funds is one of the key reasons why letting agents look to...

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

Any lettings portfolio should receive ongoing care and maintenance. A disorganised portfolio, weighed down by junk data, loose ends or lax...

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

Automated client account platform Lettspay is to become a supplier to the Federation of Independent Agents.  Lettspay, which is registered with the...

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

Goodlord is spreading its PropTech offering into accountancy. It’s launched a new accounting tool which it claims will save some letting agents...

According to the Association of Certified Fraud Examiners, organisations worldwide lose $4.7 trillion to fraud each year, with real estate suffering...

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

Propertymark says letting agents should be aware of the financial implications of failing to deregister tenant deposits. This kind of failure after...

Automated lettings and management platform teclet - which is owned by OnTheMarket - has completed another integration with a PropTech supplier. This...

Who are you and what does it say on your business card? Clifford Thomas – Sales Director at The Letting Partnership What is...

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...

The rental market shows no signs of slowing with ongoing high demand, fuelled in part by the pandemic, creating a buoyant...

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

Industry supplier The Letting Partnership is calling for businesses to take on more apprentices and support young people in a challenging...

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

Many have speculated, though much of it is anecdotal – how is the UK rental market coping with the fallout from...

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

ARLA Propertymark has set out its concerns over draft guidance on anti-money laundering produced by a body called the Joint Money...

The Association of Residential Letting Agents is advising member companies to file their accounts on time in order to remain transparent...

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

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...

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...

The head of an estate and lettings agency has been expelled from the Royal Institution of Chartered Surveyors after admitting taking...

A leading letting agent campaigning against rental sector deposits is warning that the industry might be hit with “astronominal” insurance premiums...

The chief executive of Braemore, one of the highest profile letting agencies in Scotland, says he wants greater regulation for the...