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KEYWORD "Debt" - 100 RESULTS
Interest Rate Decision - it’s touch and go, admits analyst

The chance of the Bank of England deciding to cut base rate today and thus trigger further interest rate cuts, is...

01 August 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

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

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

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

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

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

Beef Up Renters Reform Bill to stop even more evictions - call

A charity claims that new official figures on rent rises will “create more worry among private renters.” StepChange charity is referring to...

23 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

50,000 student rental beds in the pipeline - agency figures

Investment in UK purpose-built student accommodation in the first quarter of 2024 has been described as “robust.” A total of 21 transactions...

08 May 2024

From: Breaking News

PropTech tool will help eviction process under Renters Reform Bill changes

A new communications log feature has been introduced by a PropTech supplier which allegedly makes it easier to gather evidence for...

25 April 2024

From: Breaking News

Buy To Let lending for older landlords falls off a cliff

New figures from lenders trade body UK Finance show a massive fall in buy to let loans for those aged 55...

20 February 2024

From: Breaking News

Build To Rent cheerleaders complain about slow planning consents

The British Property Federation claims the time required for Build To Rent planning applications has significantly increased over the past decade...

07 February 2024

From: Breaking News

Build To Rent investment rockets, focussed on major cities

The latest Build To Rent report prepared by lettings agency Savills claims 2023 saw a total of £4.5 billion of investment...

01 February 2024

From: Breaking News

Government takes stake in property investment PropTech platform

The UK government has taken an equity stake in the rental investment platform Shojin through the conversion of a pandemic-era loan...

24 January 2024

From: Breaking News

Thousands of lettings agencies in financial distress - new figures

Thousands of lettings and estate agencies, and other property businesses, are in ‘critical’ or ‘significant’ financial distress, it’s been claimed. The latest...

23 January 2024

From: Breaking News

Savills reveals which buy to let region it tips for best returns

Residential buy to let in the North West of England, London industrial property and retail warehouses are set to be the...

04 January 2024

From: Breaking News

This week’s inflation news may determine a New Year interest rate cut

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

18 December 2023

From: Breaking News

Renters Reform Bill part of ‘brighter future for UK’ claims Sunak

Prime Minister Rishi Sunak says the Renters Reform Bill will be mentioned in today’s King’s Speech - and is part of...

07 November 2023

From: Breaking News

Mortgage shock pushes agents into seeking government help for landlords

Propertymark has urged the government to tackle rising landlord costs immediately.The warning comes as new research suggests that landlords are spending...

18 October 2023

From: Breaking News

Mortgage Crisis forcing rental sector to contract further - Hamptons

Landlords in the UK are paying 40 per cent more mortgage interest than in August 2022, forcing more of them to...

16 October 2023

From: Breaking News

Many want to go self-employed - but do the figures add up?

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

04 October 2023

From: Breaking News

New How To Rent Guide to be issued today

The Department of Levelling Up, Housing and Communities says a new How To Rent guide will be issued today, October 2. Letting...

02 October 2023

From: Breaking News

Deposit Alternative firm claims tenants need multiple finance sources

A deposit alternative service says increasing numbers of renters need multiple sources of funding for traditional deposits. Zero Deposit says its survey...

22 September 2023

From: Breaking News

Agents told to set ‘tracker’ rents that rise with interest rates

Two letting agents have been quoted in a newspaper report as saying landlord clients have instructed them to create ‘tracker’ rents...

04 September 2023

From: Breaking News

Possession court delays to worsen thanks to new law - claim

The new Housing Loss Prevention Advice Service - introduced this month - will make possession court case delays even worse. That’s the...

25 August 2023

From: Breaking News

Under-pressure landlords now more choosy about letting agents

A prominent figure in the London property world says landlords under increasing financial pressure are being more selective about the letting...

21 August 2023

From: Breaking News

Propertymark's legal plea to government - ‘be fair to rental sector’

Propertymark has issued another plea to the government to be fair to the private rental sector - this time regarding a...

03 August 2023

From: Breaking News

Legal concern over new aid for tenants in eviction cases

The Law Society is raising concerns over the effectiveness of a new support service aimed at tenants at risk of losing...

03 August 2023

From: Breaking News

Evictions set to take longer and cost more from today

The new Housing Loss Prevention Advice Service kicks in today - it offers early legal advice, free of charge, to anyone...

01 August 2023

From: Breaking News

Charity wants taxpayers money to help renters during crisis

Citizens Advice is calling on the government to provide an unspecified amount of assistance to renters during the current cost of...

31 July 2023

From: Breaking News

Politicians told to do more to help tenants on benefits

Propertymark has told a group of MPs that many benefit recipients are excluded from the private rented sector due to the...

15 May 2023

From: Breaking News

Tragic case of agent who stole cash to clear son’s drug debt

A lettings agency manager stole nearly £140,000 from her company to help clear her son’s drug debt. Wendy Dare, 57, is now...

27 March 2023

From: Breaking News

Agents react to Bank of England interest rate decision

The Bank of England has raised base rate by 0.25 per cent to 4.25 per cent - the highest level since...

24 March 2023

From: Breaking News

Possession numbers soar ahead of rent cap and eviction ban

Numbers of possessions have soared in Scotland since the introduction of a rent cap and eviction ban according to DJ Alexander,...

17 March 2023

From: Breaking News

Shelter angry at Hunt’s ‘nothing about housing’ Budget

Campaigning charity Shelter is angry with Chancellor Jeremy Hunt over his Budget  While most in the property industry have expressed relief that there...

16 March 2023

From: Breaking News

OnTheMarket launches free accounting functions on lettings platform

OnTheMarket Software, the tech division of the portal’s parent group, has announced the inclusion of client accounting functions in its TecLet...

13 March 2023

From: Breaking News

Capital appreciation for rental sector lags behind owner occupation

Figures out this morning from high end agency Savills shows a 5.1 per cent increase in capital appreciation on average across...

27 February 2023

From: Breaking News

Breakaway agency plans three new offices a year in massive growth plan

Three months after becoming an independent estate agency, North Residential has opened a second branch. The new office - in Pocklington, East...

06 February 2023

From: Breaking News

Figures show long-term growth of private rental sector

A debt advisory service claims it has calculated the overall size of the private rental sector. Sirius Property Finance analysed the current...

03 February 2023

From: Breaking News

Reinstate Mortgage Interest Tax Relief - agents’ plea to government

Propertymark has told the government it should have three priorities for next month’s Budget. 1. Improving welfare system for vulnerable and low-waged...

02 February 2023

From: Breaking News

Build To Rent could plug the gap as landlords exit - claim

Investment in the Build To Rent sector has almost doubled year-on-year, according to new research. Property consultancy Cushman & Wakefield says that...

07 November 2022

From: Breaking News

Buy To Let rental growth to lag behind Build To Rent - claim

The current supply demand imbalance across the UK rental market looks set to endure as fewer households move across into owner...

02 November 2022

From: Breaking News

Sunak in No 10 - Sigh of relief from agents and industry

There seems to be an industry-wide sigh of relief that Rishi Sunak has become Prime Minister. His coronation marks the end of...

25 October 2022

From: Breaking News

Arrears likely to rise as debt intensifies - Bank of England

The Bank of England is warning that many households will struggle to meet their rent or mortgage commitments if interest rates...

14 October 2022

From: Breaking News

Interest rate rise announced by the Bank of England

The Monetary Policy Committee of the Bank of England has agreed to raise interest rates by 0.5 per cent to 2.25...

22 September 2022

From: Breaking News

Rent caps ‘will scare lettings investors away’ warns analyst

Headline-grabbing demands for more regulation and rent freezes risk frightening buy to let investors away, a leading analyst warns. Doug Shephard is...

15 September 2022

From: Breaking News

Agents warn against rent loophole in controversial debt plans

Propertymark has spoken out against a possible loophole that might allow tenant arrears to go unpaid in certain circumstances. The trade body...

19 August 2022

From: Breaking News

Capital appreciation in prime rentals will be best outside southern England

Capital appreciation over the next five years amongst properties in prime areas of cities and countryside will be strongest in the...

08 August 2022

From: Breaking News

Bekki Leaves, Director at FCC Paragon

Who are you and what does it say on your business card? Bekki Leaves, Director What is FCC Paragon and what services...

27 July 2022

From: 60 Second Interview

Lettings chief slams latest Boris Johnson off-the-cuff housing idea

A prominent lettings Industry figure has slammed Boris Johnson’s latest housing market utterances, branding them “off the cuff” and likely to...

07 July 2022

From: Breaking News

Massive private rental company set for auction - media report

One of Britain’s largest property companies may be sold in one of Britain’s biggest private equity deals. Sky News reports that Terra Firma...

04 January 2022

From: Breaking News

Ballistic! Lettings market ends year with a bang

A leading market forecaster has described the level of rent rises in one part of the country as “going ballistic”. “The London...

24 December 2021

From: Breaking News

Covid-created arrears still rising, warns trade body

The National Residential Landlords Association says average rent debt owed by tenants as a direct result of the pandemic is still...

09 December 2021

From: Breaking News

Low rental supply worsening in every region of England, says index

Home, the property website that publishes an authoritative market snapshot for lettings and sales each month, says the long-standing supply drought...

16 November 2021

From: Breaking News

Industry anger as Budget ignores private rental sector

All sides of the industry have expressed anger and frustration that yesterday’s Budget effectively ignored the private rental sector. ARLA Propertymark’s policy...

28 October 2021

From: Breaking News

Thank you Michael Gove!  Propertymark welcomes arrears fund

Propertymark has taken the unusual step of thanking the Secretary of State for Levelling Up, Housing and the Communities for the...

25 October 2021

From: Breaking News

Government reveals rent arrears package for tenants in England

Letting agents in England with tenants in rent arrears because of Covid are to be helped via a council-run £65m rent fund. Although...

23 October 2021

From: Breaking News

Agents urged to promote smart meters to landlords

As energy costs continue to rise, agents are being urged to promote the use of smart meters. That’s the view of Safeagent...

18 October 2021

From: Breaking News

Warning to government - fix rental sector or face stock drought

The lettings agents’ group Propertymark has told Chancellor Rishi Sunak that unless the private rented sector is overhauled many landlords will...

07 October 2021

From: Breaking News

Safeagent at odds with lettings groups over Covid arrears solution

Not-for-profit accreditation scheme safeagent wants the government to help tenants clear Covid-related arrears through an overhaul of Discretionary Housing Payments. Enhancing these...

30 September 2021

From: Breaking News

Eviction Notice Rumpus - agents hint that politicians are out of touch

A statement from ARLA Propertymark has hinted that it believes politicians may be out of touch with the reality of how...

27 September 2021

From: Breaking News

Potential ‘cliff edge’ for renters and landlords as furlough winds up

Private tenants and landlords across the country face a cliff edge as the end of furlough coincides with cuts to benefit...

21 September 2021

From: Breaking News

Charity: Covid debt crisis will escalate unless Universal Credit cut is reversed

A £360 million wall of rental debt built up during the pandemic, combined with cuts to Universal Credit, threatens to leave...

17 September 2021

From: Breaking News

Propertymark steps up attack on government benefit cuts

Earlier this week Propertymark revealed it had co-signed an open letter criticising proposed government cuts to benefits.  That open letter was co-signed...

19 August 2021

From: Breaking News

So much for Covid Debt - rent arrears are lowest for 10 years

Research carried out on behalf of Paragon Bank has highlighted each landlord has an average of 1.3 tenants with rent arrears...

11 August 2021

From: Breaking News

Agents growing impatient with government over Covid arrears

Agents say not enough is being done to help tenants with Covid-related problems - and that’s despite the issue repeatedly being...

19 July 2021

From: Breaking News

End all S24 evictions now, demand Baroness and Lord

A prominent member of the House of Lords and a rental activist are calling for an immediate suspension of all Section...

19 July 2021

From: Breaking News

Eviction ban extension: Propertymark squares up for a fight

Tomorrow sees the start of a three-day debate over the extension of the eviction ban in Scotland - and Propertymark appears...

21 June 2021

From: Breaking News

Eviction Ban: government accused of hypocrisy over tenants’ rights

Baroness Alicia Kennedy has accused the government of hypocrisy over its diverging approach to evictions for commercial and residential tenants. On Wednesday...

18 June 2021

From: Breaking News

Agents link with rental activists to demand help to clear Covid arrears

Propertymark has joined forces with the likes of Generation Rent and Shelter to step up the campaign for the provision of...

16 June 2021

From: Breaking News

Evicted tenants must be given Legal Aid, insists solicitors’ chief

The president of the Law Society of England and Wales says tenants facing eviction as a result of the ban being...

01 June 2021

From: Breaking News

Scandal of lettings director banned for emptying bank account

A lettings agency director has been disqualified for seven years after he emptied its bank account following its liquidation. Ghanshyam Sarup Batra, from...

20 May 2021

From: Breaking News

Activists slam “reckless” end to eviction ban after 15 months

The head of the tenants’ campaign group Generation Rent has condemned the government as “reckless” for ending the eviction ban on May...

13 May 2021

From: Breaking News

700,000 will use Breathing Space debt delay, admits government

The government has admitted that “hundreds of thousands” of people will use the new Breathing Space system, during which they cannot...

05 May 2021

From: Breaking News

Agents should educate landlords over Breathing Space scheme - call

A prominent industry figure says lettings agents will have a key role educating landlords over the controversial Breathing Space scheme introduced...

05 May 2021

From: Breaking News

Eviction Alert: government’s last-minute change to process

There’s been an urgent change to the arrears process over the weekend to dovetail with the government’s new Breathing Space initiative. From...

04 May 2021

From: Breaking News

Agents must accept deals over arrears if all else fails - advice

One of the industry’s leading experts wants letting agents to engage with tenants and landlords over Covid-related arrears, agree to mediation,...

13 April 2021

From: Breaking News

MPs say “no more” to last-minute panic eviction bans

An influential group of MPs wants an end to repeated last minute extensions to the ban on evictions and instead wants financial support...

31 March 2021

From: Breaking News

Agents warned to prepare for glut of evictions when ban ends

An estimated 840,000 private tenants have arrears over the past year since the first eviction ban was announced, according to a...

29 March 2021

From: Breaking News

Extend the eviction ban AGAIN insists new charity campaign

A charity wants yet another extension to the current ban on bailiff-enforced evictions. Step Change says new research it has conducted shows...

17 March 2021

From: Breaking News

Investigation underway into collapse of agency £1.3m in debt

An investigation is underway into a lettings agency which has gone into liquidation owing almost £500,000 in rent to landlords and in...

15 March 2021

From: Breaking News

Anti-agent campaigners brand eviction ban extension ‘inadequate’

Acorn, a prominent campaign group targeting letting agency offices for protests, says the latest eviction ban extension doesn't go far enough. While...

11 March 2021

From: Breaking News

Yet another Eviction Ban extension - and then it will 'taper off'

The government has announced a further extension to the current ban on bailiff-enforced evictions in England until May 31. At that point...

10 March 2021

From: Breaking News

Agents reminded about ‘Breathing Space’ laws effective from May

ARLA Propertymark is reminding agents about the controversial Breathing Space legislation coming into effect on May 4. The new rules are known as...

10 March 2021

From: Breaking News

Agents’ anger that Budget didn’t offer cash help for rental sector

The Association of Residential Letting Agents says it’s disappointed the Budget failed to address the funding of the private rental sector.  “Extending...

04 March 2021

From: Breaking News

‘Inaccurate’ anti-eviction petition gains 30,000 signatures

An online petition which appears to inaccurately say private tenants can still be evicted “for no reason” has won 30,000 signatures...

23 February 2021

From: Breaking News

Sunak warned on property taxes - Don’t use us to pay Covid debts!

A prominent industry figure is warning Chancellor Rishi Sunak not to use property taxes to bail out the government over the costs...

19 February 2021

From: Breaking News

Labour says latest eviction ban extension isn’t enough

Labour says the latest extension to the ban on bailiff-enforced evictions doesn’t go far enough to help tenants. The extension to the...

15 February 2021

From: Breaking News

Eviction Ban Extended Again: government makes announcement

The government has announced yet another ban on bailiff-enforced evictions in the private rental sector. The existing ban was due to expire...

14 February 2021

From: Breaking News

Eviction scare stories are nonsense, government figures suggest

Government data suggests that scare stories talking of a glut of evictions if the current ban is lifted are simply unfounded. Data...

12 February 2021

From: Breaking News

Eviction Ban: momentum growing for yet another extension

Another council wants an extension to the existing ban on bailiff-enforced evictions, which is scheduled to end on February 22.  Yesterday our...

10 February 2021

From: Breaking News

Angry activists want arrears cancelled as well as full eviction ban

Activists from a range of pressure groups have reacted angrily to what they call a half-baked eviction ban announced by the...

11 January 2021

From: Breaking News

2021 will not hold back Agents who are prepared to adapt

With the Government announcement this week of another national lockdown across England amid the surging coronavirus infections, it once again puts...

08 January 2021

From: Sponsored Content

Agents tell government: Get a grip on rental debt

Letting agents have joined forces with other players in the rental industry to demand the government finally get a grip on...

08 January 2021

From: Breaking News

Boris Johnson confirms eviction ban is “under review”

The Prime Minister has told MPs that the eviction ban effectively in place now but scheduled to expire on January 11...

07 January 2021

From: Breaking News

Another PropTech tie-up for lettings platform linked with OnTheMarket

Teclet has announced another strategic partnership, this time with Kamma - a platform which specialises in agency compliance.   It’s the latest in...

17 December 2020

From: Breaking News

Private tenants should get bigger benefits says Generation Rent

Generation Rent’s campaign for more public funds for private tenants continues unabated with a call on Chancellor Rishi Sunak to increase...

25 November 2020

From: Breaking News

Charity claims some arrears will take seven years to be repaid

The charity Citizens Advice - which claims a “unique, real-time insight into the challenges people are facing as a result of Coronavirus"...

16 November 2020

From: Breaking News

Another charity demands immediate “watertight ban” on evictions

A survey claims millions of renter households have concerns about their ability to pay landlords this winter - and the charity...

16 November 2020

From: Breaking News

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