Archive

A lettings agency set up by a council to buy properties on the open market and let them at open market...

New Freedom of Information (FOI) data from the Financial Conduct Authority shows that Labour’s plan to introduce a ‘Freedom to Buy’...

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

Average rent arrears claims reached £2,092 in the second quarter of this year - a rise of 15% from £1,816 in...

Kate Davies, executive director of the Intermediary Mortgage Lenders Association (IMLA), says rent controls are not the magic answer to problems...

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

Rent Reporting platform CreditLadder has integrated into SME Professional, a software service sold to the letting and sales industries. It says...

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

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

New figures published by HMRC show a 7% rise in Capital Gains Tax liabilities on the sale of residential property in...

The Bank of England has cut base rate from 5.25% to 5.0% - its first cut in four years. It was a...

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

Rightmove has thrown its weight behind the new Labour government’s bid to help first time buyers - and it wants it...

Connells’ new chief executive is to be Helen Charlesworth, who for the past eight years has been managing director at Stonegate...

The result of the election isn’t likely to be a gamechanger for the housing market, a prominent business consultancy says.  An analysis...

Young people in London are taking on second jobs to get onto the property ladder, it’s claimed. Of the first-time buyers in...

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

Four fifths of developers believe that the next government needs to do more to support first time buyers, according to the...

Inflation is expected to drop sharply in the April figures due out this week. The Office for Budget Responsibility and Bank of...

Some 50% of tenants who moved last year did so because their landlords decided to sell the property.  By contrast, eviction was...

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

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

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

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

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

Promising figures from the latest house price index doesn’t mean underlying problems in the market have been solved, warns Propertymark. UK house...

Lloyds Banking Group, Nationwide, NatWest and Rightmove have announced a strategic investment in Coadjute, a prominent PropTech business.  This is the first...

A new franchisee has been confirmed for Martin & Co’s branches in Caterham and Redhill & Reigate. A portfolio landlord who lives...

Agents have expressed their anger at permanent rent controls proposed by the SNP and Green Party politicians running the Scottish Government. The...

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

Knight Frank has taken the unusual step of suggesting a government proposal for the housing market is high-risk and could even...

Renters are less financially resilient than recent remortgagers according to an analysis by business consultants Hargreaves Lansdown. It says over two thirds...

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

Propertymark wants the Bank of England to cut interest rates following data showing soaring mortgage arrears and repossessions. Lenders trade body UK...

The government has ruled out any reform to the council tax system. There has been long standing criticism of council tax because...

Stamp duty receipts dipped four per cent to £2.4 billion in Q3 of last year - no less than 25 per...

The Property Institute has welcomed a Labour Party move to introduce the regulation of property agents across much of the sector. Tabled...

Just under half of mortgage brokers expect to place more limited company buy-to-let business throughout the next 12 months, Paragon Bank...

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

One of the lettings sector’s longest-standing suppliers - Mortgages for Business - is rebranding. It’s to be known as Mortgage Finance Brokers,...

Strutt & Parker is leaving its HQ to share premises with other parts of its parent company - and to have a...

A leading lettings agency says 2023 was a record-breaking year for rental growth.   The average rent on a newly let property in...

Propertymark is hosting a client money security webinar tomorrow lunchtime between 12.30 and 13.30. The webinar will discuss the rise of Artificial...

A survey by one of the industry’s deposit alternative services, flatfair, shows that - unsurprisingly - over 61 per cent rank...

Knight Frank has taken the unusual step of warning that Tory splits over Rwanda and immigration could force an early election...

Lower mortgage rates - still falling in the days since the end of the festive break - may be persuading some...

Airbnb and other short let platforms are from this week required to send data on their clients’ earnings to HMRC. And a...

UK Finance has published its housing and mortgage market forecasts for 2024 and 2025 together with projections for 2023 full year numbers. Key figures for 2023 In...

A new Bank of England survey has confirmed a growing outflow of landlords from the private rental sector since 2020. The Bank’s...

One of Britain’s leading agents - former RICS residential chairman Jeremy Leaf - says he is seeing a change of mood...

The Liberal Democrats have called on the government to bring in an emergency ban on no fault evictions and banks repossessing people’s homes...

Plans for leasehold reform face a major early stumbling block as analysis shows plans to retrospectively introduce a cap on ground...

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

Propertymark has laid out its proposals to the Scottish Government ahead of its 2024-25 Budget next week. The letting agents’ trade body...

It looks as if the rental market is set to stay strong for some years to come. That’s because lending for house...

Scores of councils that enforce licensing regimes on the private rental sector claim they are on the verge of bankruptcy. Almost one...

A consultation to introduce boilers into homes and the private rented sector needs ‘more carrot than stick’ according to a prominent...

Leaders Romans Group is calling for a Landlords Reform Bill to balance the challenges and apparent disincentives now deterring landlords from...

Savills is warning that despite strong income growth, rising rents are stretching the finances of those in the private rental sector.  Savills...

Inflation figures for the year to October are out this week and are expected to have fallen to 4.8 per cent. That’s...

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

There’s been a significant increase in the buy to let mortgage product range according to analysis by independent service Moneyfacts.  A year...

A lettings industry mentor has issued a plea to agents to do more to protect their landlords’ livelihoods. Sally Lawson, founder of...

UK consumers feel worse off than a year ago, but remain relatively optimistic about the property . That’s the conclusion of a...

It looks as if the government is accepting that there is a problem with how banks treat Pooled Client Accounts -...

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

The buy to let sector appears more heavily reliant on mortgages than some analysts have previously suggested. Specialist lending service Octane Capital has...

An estimated seven million UK households are struggling to keep up with their rent or mortgage payments, Which? warns, with millions...

The Scottish Government is proposing to give local councils the discretion to charge Council Tax premiums of up to 100 per...

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

A mortgage expert says it’s likely that the housing market will improve this autumn. Octane Capital studied Property lending mortgage approval trends...

The owners of one of the first Build To Rent schemes in Edinburgh is bidding to improve the EPC rating while...

A survey of local authorities in some of the poorest areas of the country - bodies which enforce many private rental...

Propertymark’s policy and campaigns director is one of the founding members of a body called the Landlord Leaders Community, which has just...

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

A personal finance expert has revealed that a new group which he calls Guppies are reconciled to possibly renting forever. Alan Davison,...

Prominent figures from Foxtons and Chestertons are amongst the agency leaders featured on a new six-part podcast series from OnTheMarket.  Hosted by...

Finances have never been more stretched in the UK, with almost every bill and expense soaring for employees and employers alike,...

A sales agency specialising in disposing of buy to let portfolios says it’s now received an averaged 240 enquires a month...

My Property Box Tyne & Wear has extended its all-inclusive rent deal - and it says it’s in response to concerns...

A long-standing and respected property firm has slammed the government for presiding over the “mess” of taxes applied to holiday lets...

A fraudster lettings agent must repay £122,922.68 to her old firm within three months - or face yet more time in...

Concern remains that the mayhem surrounding the mortgage market may yet trigger a housing market crash. At the start of the weekend...

The results of a new survey show widespread ignorance about how interest rates work and about how the Bank of England’s...

Chris Harris, seen as the architect of the move by the John Lewis Partnership into rental housing, is stepping down this...

The rental market is set to benefit from a surge in potential buyers putting their purchase plans on hold. Data from NerdWallet...

Lettings agents within The Guild of Property Professionals think that the Renters Reform Bill could cause many landlords to quit.  Graham Wood,...

A franchise network boss has sharply criticised both Labour and the Tories for their pro-tenant policies. Dominic Agace, chief executive of Winkworth,...

The Bank of England has announced its latest decision on base rate. This has been increased by 0.25 per cent to 4.5...

A survey of nearly 700 landlords by Paragon Bank found that 67 per cent experienced increased tenant demand during the first...

The scale of investment in UK commercial property has fallen in all sectors, new research suggests.  Sirius Property Finance has analysed UK...

One of the country’s biggest Build To Rent players has secured funding for 1,000 new BTR homes. Legal & General has signed...

A new survey of lettings agents and landlords has put the reinstatement of Section 24 mortgage tax relief at the top...

New research from The Mortgage Lender reveals that 44 per cent of renters would like more cost-of-living support from the government. Specifically...

Lettings agencies which rely on manual means of verification are risking repetitional damage caused by anti-money laundering regulations, a digital compliance...

A prominent business analyst has given a bleak warning about the prospects for property investors and other home owners in 2023. Sarah...

Corrupt elites and criminal gangs who abuse the property and financial sectors will be identified and stripped of their cash, the...

New powers have been revealed to tackle what the Welsh Government calls the ‘problem’ of second homes.  A statement from the Senedd...

A senior figure in the financial services sector says only Build To Rent can solve the stock shortage in the lettings...

West Oxfordshire council is the latest to demand new government legislation to increase council tax on empty and second homes in...