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KEYWORD "Financial Conduct Authority" - 33 RESULTS
Labour bid to turn renters into owners will fail, warns finance firm

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

22 August 2024

From: Breaking News

Agents must work with (not against) those wanting regulation - call

A prominent PropTech entrepreneur is urging agents and other in the property industry to engage with those wishing to introduce regulation...

12 April 2024

From: Breaking News

Over-50 year old first time buyers show significant increase

There were 12,000 first time buyers over the age of 50 in the UK in 2022, the latest figures available. This means...

30 January 2024

From: Breaking News

Buy To Let has grown massively in recent years - new statistics

Government data shows that as of 2022 some 15.29 per cent of homes in England are privately rented, with 14.9 per...

13 October 2023

From: Breaking News

Client Account Closures - Chancellor urged to stop banking madness

The Chancellor, Jeremy Hunt, is being urged to act now to stop the problems banks are creating for letting agents. Following a...

08 August 2023

From: Breaking News

Treasury ponders different anti-money laundering systems

HM Treasury has published a consultation on reform of the anti-money laundering supervisory system, giving four options. Currently the supervisory system is...

27 July 2023

From: Breaking News

Mortgage Mayhem: will six months breathing space stop housing crash?

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

26 June 2023

From: Breaking News

Agents contacted about CMP bank account compliance

Property accreditation service safeagent has written to all of its agents in England urging them to check legal requirements when setting...

08 February 2023

From: Breaking News

Automated client account platform to supply agents’ trade group

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

12 January 2023

From: Breaking News

Banks are closing their doors to Letting Agents

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

19 December 2022

From: Sponsored Content

Zero Deposit firm demands code of conduct to stop pressure-selling

One of the leading deposit alternative services has called for a code of conduct to step, amongst other things, alleged pressure...

07 December 2022

From: Breaking News

OnTheMarket’s teclet reveals latest integration with PropTech supplier

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

11 July 2022

From: Breaking News

Supplier claims to conquer banks’ designated accounts problem

A PropTech supplier says it’s created a solution to letting agents and landlords who must remain compliant and who want to...

28 April 2022

From: Breaking News

Agents and insurer strike confidential deal over Business Interruption

One of the insurers at the centre of the Business Interruption controversy is believed to have reached a settlement with some...

30 June 2021

From: Breaking News

Agents warned over HMRC probes if they use old-fashioned ID checks

An anti-money laundering PropTech consultancy claims agents are in serious danger of non-compliance with new regulations, unless they ditch paper documents and...

25 May 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

Everything you ever wanted to know about evictions - and more...

A definitive document has been published by the House of Commons library listing every eviction-related measure taken by UK governments during...

22 September 2020

From: Breaking News

Lockdown could mean higher rents, claims new research

New research claims to show that the lockdown could end up with higher rents as demand in the lettings sector outstrips...

04 May 2020

From: Breaking News

Shares in top lettings agency plummet 50% in one month

Although the worst of the stock market bloodletting triggered by Coronavirus now appears to have gone, franchise agency group Belvoir has...

24 March 2020

From: Breaking News

Breakthrough for agents as Open Banking set to speed and improve payments

Letting agents will for the first time be able to use Open Banking to process payments more efficiently, following a decision...

11 March 2020

From: Breaking News

One in 10 private tenants use overdrafts to fund rent - claim

The parlous state of many tenants’ personal finances has been highlighted by website CompareTheMarket which claims that one in 10 rely...

09 March 2020

From: Breaking News

Deposit alternative mis-selling - rival companies say “It’s not us”

Three more deposit alternative supplier have issued statements seeking to distance their product from criticisms raised in a BBC investigation. Yesterday we carried...

11 February 2020

From: Breaking News

Rightmove wins green light to acquire tenant referencing firm

Rightmove has at last completed on its acquisition of tenancy referencing firm Van Mildert, first announced two months ago. The deal, reported...

01 October 2019

From: Breaking News

Renters can now switch mid-tenancy from traditional deposit to alternative

One of the suppliers in the fiercely competitive world of deposit alternatives has introduced an ‘unlocking deposits’ option. From today, Zero Deposit...

23 August 2019

From: Breaking News

Bank client account changes: Agents urged to have a Plan B

A leading industry figure is calling on agents to have a Plan B ready if their bank closes undesignated client accounts.  This...

21 August 2019

From: Breaking News

How can letting agents thrive in a growing rental market?

With the recent introduction of the Tenant Fees Act – which bans upfront fees charged by letting agents and caps security...

19 August 2019

From: Sponsored Content

Rightmove marches on as it snaps up tenant reference company

In what some see as a sign of the growing importance of the lettings sector over sales, Rightmove has acquired tenant...

29 July 2019

From: Breaking News

Deposit replacement scheme partners with 26-branch independent network

Tenancy deposit alternative Reposit has announced a partnership with Pattinson, the largest independent agency network in the North East. The 26-branch network...

09 May 2019

From: Breaking News

PropTech firm creating ‘rental dashboards’ wins key FCA approval

A PropTech company has won approval from the Financial Conduct Authority to go ahead with a scheme which offers tenants a...

23 November 2018

From: Breaking News

Agents sought by firm offering possible way around future deposits cap

An alternative to traditional deposits, already tested in the German rental market, is now being introduced into the UK - and...

28 June 2017

From: Breaking News

City watchdog about to clamp down on buy to let lending, leaked letter suggests

  A letter from the Financial Conduct Authority, leaked to Sky News, suggests that the body is drawing up plans to tighten...

11 August 2016

From: Breaking News

Another property crowdfunding platform launches

Another property crowdfunding platform is launching in a bid to attract would-be investors who cannot afford or choose not to enter...

05 October 2015

From: Breaking News

New chairman for HomeLet owner as global firm takes over

Barbon Insurance Group Ltd - the firm behind HomeLet, Letsure and Rentshield, has appointed a new non-executive chairman as a global...

02 July 2015

From: Breaking News

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