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KEYWORD "Cost" - 100 RESULTS
Eight young PropTech firms get boost through ‘scale-up’ investment

Eight fledgling UK PropTech have been selected for the Propertymark-linked  REACH UK 2024 technology scale-up program. The REACH UK program, launched in March...

03 September 2024

From: Breaking News

EPC targets won’t be met without more incentives - Nationwide

Rigorous government targets to improve EPC ratings in the private rental sector and the wider housing stock won’t be met without...

02 September 2024

From: Breaking News

Bid to see if private rental sector can combat homelessness

A new partnership being launched today aims to see if the private rented sector can contribute to ending homelessness. It takes the...

02 September 2024

From: Breaking News

Government puts squeeze on key area to encourage more homes

Housing Minister Matthew Pennycook has written to one of the key areas he believes vital for achieving Labour’s house-building targets, calling...

29 August 2024

From: Breaking News

Disastrous Rent Controls - leading portal hits out at politicians

One of the largest lettings portals in Scotland is warning that plans by the government north of the border to introduce rent...

28 August 2024

From: Breaking News

Energy Costs - Renters in worst EPC homes could face £550 hike

With the energy price cap to rise by 10% from October, Rightmove reveals that this could mean an annual increase of...

27 August 2024

From: Breaking News

First details released for Agent Rainmaker’s latest flagship event

Letting agents keen to scale their business fast are being encouraged to attend what the organisers call “an industry flagship event”...

22 August 2024

From: Breaking News

Agent’s alarm call to politicians - change course on rent controls

One of the UK’s most high profile lettings agents is calling on politicians to change course on rent controls. David Alexander of...

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

Agents slam politicians for new law allowing rent controls

Propertymark has come out with a strongly-worded statement accusing politicians in the Scottish Parliament of ignoring the industry’s views on rent...

20 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

Tenants in ‘misery’ thanks to high rents - claim

New figures showing no slowdown in the rate of private rental inflation is just additional “misery” for tenants, a leading financial...

16 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

EPC Targets - rental analysis reveals dire threat to lettings agencies

A warning has been issued that lettings agencies could lose millions of pounds if landlords quit over new EPC targets. Reapit analysed...

15 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

Tax expert says ‘act now’ over Furnished Holiday Lettings change

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

14 August 2024

From: Breaking News

Labour has “golden opportunity” to solve renting crisis says agency boss

The new Labour government has a “golden opportunity its” to resolve the rental crisis, but must give clarity to the industry...

12 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

Rising rents “force children into mouldy B&Bs” - claim

A charity leader claims spiralling rents are forcing children into what he calls “damp and mouldy B&Bs”. Matt Downie, chief executive of...

12 August 2024

From: Breaking News

Law Society says evictions risk “tens of thousands losing their homes”.

The Law Society claims over 29,000 eviction claims in recent months leave “tens of thousands at risk of losing their homes.” The...

09 August 2024

From: Breaking News

Buy To Let property purchases plummet as tax threats mount

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

08 August 2024

From: Breaking News

Purplebricks backs Labour plans ‘because rental sector is a mess’

The chief executive of Purplebricks says he’s backing Labour’s house building plans because of the state of the private rental sector.  Sam...

08 August 2024

From: Breaking News

Stricter EPC targets for private rental sector ‘must come with cash help’

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

06 August 2024

From: Breaking News

Tories’ Section 24 tax change leaves some “with precarious finances”

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

05 August 2024

From: Breaking News

Connells says: “No sign of landlords quitting buy to let sector”

In a statement which appears to go against the trend of much of the lettings sector, Connells says it sees no...

05 August 2024

From: Breaking News

Government to introduce ‘hardship test’ before eviction - press report

The new Labour government is to bring in so-called ‘hardship tests’ to make it tougher to evict tenants, a newspaper claims. The...

05 August 2024

From: Breaking News

PropTech: Agents given open access to inventory reporting software

Inventory supplier No Letting Go is offering clients open access to its bespoke property reporting software, known as Kaptur. The allows agents...

05 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

RICS gives strong support to Rayner’s radical planning reforms

The Royal Institution of Chartered Surveyors has given a warm welcome to Deputy Prime Minister Angela Rayner’s planning reforms. This week Rayner...

01 August 2024

From: Breaking News

Warning that Labour will be stricter on lettings compliance

Compliance issues are on the increase in the private rented sector according to a prominent industry supplier. Inventory and software chief Nick...

31 July 2024

From: Breaking News

Rayner launches uncompromising planning framework changes

Deputy Prime Minister and Housing Secretary Angela Rayner has launched a comprehensive review of the National Planning Policy Framework. The objective is...

31 July 2024

From: Breaking News

Agents demand leasehold reforms make transactions easier

Propertymark is urging the UK government to implement reforms that will make it more cost effective and simpler for people to...

31 July 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

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

Interest rates to be cut next week - senior economists’ forecast

The Bank of England will trim base rate to 5% next week, according to a majority of economists in a poll...

26 July 2024

From: Breaking News

Section 21: Only small proportion of renters evicted, official data shows

The latest edition of the English Housing Survey reveals precisely how relatively rarely Section 21 is used. Data from the survey analysed...

25 July 2024

From: Breaking News

Agency boss claims tenants miss holidays because of high rents

The boss of a rental flatshare agency claims tenants are sacrificing summer holidays because of high rents. Matt Hutchinson, director of the...

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

Half of tenants living with damp or mould - charity’s claim

Citizens Advice claims that 45% of private renters in England are currently experiencing damp, mould or excessive cold in their home,...

24 July 2024

From: Breaking News

New agency charges ultra-low all-in lettings and management fee

A new agency - which describes itself as a “disruptor company” - says it will charge an all-in lettings and management...

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

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

Concern over Rental White Paper after latest political resignation

The resignation of Labour’s First Minister of Wales has raised alarm with Propertymark. Vaughan Gething quit yesterday after the Welsh Housing Secretary...

17 July 2024

From: Breaking News

Alarm Bells for Build To Rent as building starts show huge slump

New analysis from the British Property Federation (BPF) shows a dramatic slump in the number of Build To Rent units started. Although...

17 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 rising in most areas as high interest rates hit long-term supply

Asking rents continue to show posi­tive, albeit lower, growth in most regions according to the property website Home. The site conducts a...

15 July 2024

From: Breaking News

House building sector to bounce back soon - forecast

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

15 July 2024

From: Breaking News

Households will have to invest in Green technology - Carney

Former Bank of England governor Mark Carney is warning that homeowners, including those serving the private rental sector, will have to...

12 July 2024

From: Breaking News

Deposit alternative provider claims record first half of year

Deposit alternative provider flatfair claims to have enjoyed a record-breaking start to 2024, forming 61 new partnerships.  These include Concept Estate Agents,...

12 July 2024

From: Breaking News

Agents warn Rayner - “don’t scrap Section 21 without a replacement”

Propertymark has warned Labour’s Deputy Prime Minister against scrapping Section 21 eviction powers without an adequate replacement. If Angela Rayner does fulfil...

11 July 2024

From: Breaking News

Agents fear for future of Private Rental Sector - RICS

The latest lettings market snapshot by the Royal Institution of Chartered Surveyors contains a raft of worried statements from agents. A large...

11 July 2024

From: Breaking News

Interest Rates, not election worry, hold back housing market

Leading property players and analysts suggest that the lacklustre housing market figures produced by the Halifax over the weekend owe more...

08 July 2024

From: Breaking News

Labour has a mandate to help renters become buyers - PropTech claim

The incoming Labour government has a social mandate to support the next generation of homeowners in the UK, says financial PropTech...

05 July 2024

From: Breaking News

Labour’s Housing Policies - next five years start today

The biggest rental sector headline from Labour’s manifesto may well be its pledge for the “immediate” abolition of Section 21 eviction...

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

“Thousands of homes lost to Airbnb” claims Labour hopeful

Thousands of homes in central London may have been lost to Airbnb and other short let platforms, a Labour candidate claims. Rachel...

04 July 2024

From: Breaking News

Labour will regulate lettings because it's a cheap option - claim

Labour is likely to make rental sector reform and regulation a priority - at least partly because it will be low-cost...

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

Warning - ‘new normal’ interest rates to be far higher than before

Although much focus is on the Bank of England and when it will begin to cut interest rates, a sobering warning...

01 July 2024

From: Breaking News

Agency worried over Rayner scrapping Section 21 “on day one”

A lettings agency which has given broad support to the Renters Reform Bill now says it’s concerned that shadow housing Secretary...

01 July 2024

From: Breaking News

Warning - new leasehold law ‘could take years to come into effect’

New rules on renewing leases may take years to come into effect, a leading property lawyer warns. The Leasehold Reform Act became...

28 June 2024

From: Breaking News

Private renters make up one-in-five homeless - charity

Some 8,000 people were forced to sleep rough for the first time in London last year, an increase of 25% on...

28 June 2024

From: Breaking News

Agents prefer PropTech to extra staff to ease workload

PropTech - not more staff - can make letting agencies more productive and reduce costs. A new rental confidence survey of lettings...

27 June 2024

From: Breaking News

How Much? Another £400k needed to rent in retirement

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

27 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

PropTech big names link up for lettings webinar tomorrow

Agency software supplier Alto links with repairs and maintenance software provider Fixflo for an unusual webinar tomorrow at 10am. Guest speaker will...

26 June 2024

From: Breaking News

Deposit alternatives boosted by cost of living crisis - video

An interview with a figure from one of the many deposit alternative services reveals a significant rise in interest in this...

26 June 2024

From: Breaking News

Bidding Wars - letting agents mostly to blame, says campaigner

A ban on so-called bidding wars, which Labour now proposes, would have to include letting agents as well as landlords a...

24 June 2024

From: Breaking News

Tenants skip food and heat to pay rent, claims industry group

The Deposit Protection Service's charitable foundation claims that a significant proportion of tenants who have recently moved are cutting back on...

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

Soaring Council Tax Arrears prompts call for new bailiff rules

Outstanding council tax arrears have soared according to new government figures. Data from he Department for Levelling Up, Housing and Communities shows...

21 June 2024

From: Breaking News

Labour to ban bidding wars and high upfront rental payments

Labour has stepped up its programme clamping down on what it calls “unscrupulous landlords strangling growth.” Specifically this means ending bidding wars,...

20 June 2024

From: Breaking News

Deposit Alternative service predicts student rental rush

Deposit alternative supplier flatfair says it’s seen a 30% year-on-year increase in No Deposit tenancies. It also claims 14% more landlords are...

20 June 2024

From: Breaking News

Agents join call for Radical Reform of inaccurate EPCs

Letting agents’ trade body Propertymark has backed a call by consumer group Which? for radical reforms to Energy Performance Certificates. Yesterday we...

19 June 2024

From: Breaking News

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

Energy Performance Certificates slammed as “inaccurate”

Energy Performance Certificates can be riddled with inaccuracies and give unhelpful advice to property owners. That’s the view of consumer service Which? Which?...

18 June 2024

From: Breaking News

Housing Market ‘back to the same size as before Covid’ - Savills

The UK housing market has returned to its pre-pandemic size, according to Savills analysis. Overall, the total value of the UK housing...

17 June 2024

From: Breaking News

Leasehold Reform Is Far From Over, Whoever Wins on July 4

Leasehold reform still has a long way to run, according to the Association of Leasehold Enfranchisement Practitioners (ALEP). The major party manifestos...

17 June 2024

From: Breaking News

Tenancy check out claims rise, says deposit alternative service

The number of tenancies ending in a claim for more than five weeks’ rent has risen to 17%, a deposit alternative...

14 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

Section 21 to be scrapped by Labour immediately

Labour’s manifesto, just released, makes a pledge to enact the “immediate” abolition of Section 21 eviction powers, along with other private...

13 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

‘No Interest Rate Cut This Summer’ after bad news from government

Any lingering hope of a pre-election interest rate cut by the Bank of England has been hurt by the government’s Office...

12 June 2024

From: Breaking News

Agents Distinctly Underwhelmed by Tories’ manifesto pledges

Agents, and others in the lettings industry, have given a sceptical response to the Conservative manifesto and its varied pledges about...

12 June 2024

From: Breaking News

Word-for-Word - Conservative Rental and Housing Manifesto Pledges

The Conservatives have this afternoon set out a 78-page manifesto, of which just over two pages are given to housing and...

11 June 2024

From: Breaking News

Renters increasingly reconciled to not owning a home in future

Data sourced from millions of bank accounts reveals spending on rent and mortgages increased 6.3 per cent year-on-year in May. Barclays data...

11 June 2024

From: Breaking News

Rental Tax Change - Short Lets sector warned of possible losses

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

10 June 2024

From: Breaking News

Huge 1,000-flat scheme will be one of UK’s biggest Build To Rent estates

Housing juggernaut Legal & General says it’s now half way through a £400m Build To Rent scheme in Wandsworth, south London. It...

06 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

Councils ‘must take over ex-private rental Right To Buy flats’

A pro-tenant group wants the next government to take Right To Buy properties back to public ownership when they come up...

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

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

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

Beefed Up EPC must be priority for next government - call

Political parties should not allow the lengthy General Election campaign to delay work on a new and beefed-up Energy Performance Certificate...

30 May 2024

From: Breaking News

First Timers stuck renting because of lack of understanding - claim

A mortgage lender claims many potential first time buyers are missing out because they don’t understand the concept of shared ownership. Just...

29 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

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

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