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KEYWORD "Costs" - 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

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

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

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

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

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

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

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

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

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

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

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

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

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

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 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’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

“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

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

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

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

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

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

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

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

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

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

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

Rental growth forecasts cut as supply catches up with demand

Knight Frank says the normalisation of supply and demand in Prime London has happened more quickly than anticipated, forcing it to...

28 May 2024

From: Breaking News

Hot Money now on August Interest Rate Cut

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

23 May 2024

From: Breaking News

Shock figures show half of tenants struggle to find next home

Half of all tenants who moved during the past 12 months found it ‘difficult’ or ‘very difficult’ to secure a new...

22 May 2024

From: Breaking News

Tenants Renewing on Existing Contracts hit with high rent rises - new data

Tenants renewing an existing contracts have been faced with high rent rises according to Hamptons lettings agency. It says they rose 8.3%...

21 May 2024

From: Breaking News

Most homes cheaper to rent than buy, even with large deposit

A third of homes currently for sale can be bought with a mortgage and monthly repayments that cost less than the...

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

Far cheaper to rent than to buy in London - new figures

Londoners looking to buy a home can expect to spend 42% more on monthly mortgage payments than tenants pay on rent,...

16 May 2024

From: Breaking News

Pity The Poor Renter - analyst says tenants face tough conditions

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

16 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

“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

Agents breathe sigh of relief as arrears fall

Propertymark says the lettings market is beginning to stabilise as rent arrears decrease. Propertymark member agents reported that on average, 2.5% of...

13 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

Self-employed agency provides analysis of industry recruitment pattern

An estate agency that promotes the self-employed model claims that three areas of the country lead when it comes to industry...

09 May 2024

From: Breaking News

 Stop Killing Market with Rent Controls, agents tell minister

Propertymark has urged Scotland’s new First Minister to end the country’s housing emergency. John Swinney is now First Minister and says he...

08 May 2024

From: Breaking News

Property management firm hit with £500,000 health and safety fine

A housing company has been fined £528,000 after an employee repairing a fence post inadvertently struck an underground cable, suffering burns...

03 May 2024

From: Breaking News

Demand slows as agents warn about unsustainable rent rises

The latest market report from Propertymark’s lettings agents suggests the demand is slowing. The latest data - for March - shows that...

03 May 2024

From: Breaking News

Rental demand to stay strong as first time buyers struggle

Startling regional differences are acting as barriers to those looking to step onto the property ladder for the first time, according...

01 May 2024

From: Breaking News

Shelter demands “overhaul” of Renters Reform Bill

Campaigning charity Shelter is demanding an overhaul of the Renters Reform Bill, which will shortly begin its passage through the House...

01 May 2024

From: Breaking News

Toxic attitude to Private Renting may now change, hopes lettings chief

A prominent lettings agency operator says he hopes the “toxic” attitude to the private rental sector by the Scottish Government may...

26 April 2024

From: Breaking News

More tenants borrowing to fund deposits on next property - claim

The percentage of tenants borrowing money to fund their cash deposits on their next property has risen over the last 12...

25 April 2024

From: Breaking News

Cheaper to buy than rent in every major British city - Rightmove

Rightmove says it’s now cheaper to buy than rent in each of Great Britain’s biggest cities, highlighting why many determined first-time...

24 April 2024

From: Breaking News

Get On With It - major agency tells government to reform renting

A major agency has told the government to get on with ensuring the Renters Reform Bill is passed into law as...

22 April 2024

From: Breaking News

Rent Ceilings Have Been Reached - agency's stark warning

The chief executive of one of Britain’s largest franchise agency chains is warning that rents may no longer be able to...

18 April 2024

From: Breaking News

Deposit Alternative service plays up ‘unaffordable’ rents

A deposit alternative service claims the cost of rent has outpaced salary growth by 5.2% over the past 10 years, leaving...

18 April 2024

From: Breaking News

Average rent arrears climb as cost of living crisis bites

Average rent arrears claims climbed to £1,816 in the first quarter of this year. That’s a rise of 27% from £1,435 in...

17 April 2024

From: Breaking News

Interest Rates to stay high despite this week’s good inflation news

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

15 April 2024

From: Breaking News

Reform Bill isn’t stopping buy to let investment claims agency boss

A prominent lettings agency claims the Renters Reform Bill is not proving a deterrent to buy to let investors. The Leaders Romans...

15 April 2024

From: Breaking News

How Knight Frank sees it - market update from research guru

It feels as though the UK housing market is waiting for something to happen. The prevailing mood is one of anticipation with...

15 April 2024

From: Breaking News

Leaseholder Right to Manage webinar for agents and landlords - free

Law firm Bishop & Sewell is hosting a webinar to give leaseholders information and advice about the Right to Manage, a...

12 April 2024

From: Breaking News

Brownfield Development isn’t the only answer, agents tell government

Propertymark wants the government to cool down on its enthusiasm for brownfield development. It says in a response to a consultation that...

10 April 2024

From: Breaking News

Almost No Reduction in Buy To Let Supply, insists think tank

There’s been at most a one per cent reduction in landlords in the buy to let sector, a think tank claims...

08 April 2024

From: Breaking News

Agents should help “hard-pressed tenants” urges industry figure

A deposit alternative company is calling on agents to help tenants save an average of £1,000 on up-front costs. Flatfair chief executive...

04 April 2024

From: Breaking News

Renting cheaper than owning for most first time buyers says Halifax

For first time buyers, renting is cheaper than buying in most of the UK according to new data from the Halifax.  London, the...

27 March 2024

From: Breaking News

Bank aims to support building of new rental homes

NatWest Group has announced a new package of what it calls ”targeted lending and support” to help local councils provide more...

27 March 2024

From: Breaking News

New Rental Crisis - big rise in countryside lets as rural house prices soar

England’s county councils want the next government to set out a long-term plan for housing, as a new report claims there’s...

25 March 2024

From: Breaking News

Get On With It! - agents say Bank should cut rates now

Propertymark is telling the Bank of England that now is the perfect time to cut base rate and trigger wider interest...

21 March 2024

From: Breaking News

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