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KEYWORD "Fines" - 100 RESULTS
Rental yields up to 7.8% in parts of capital city

Edinburgh-based property portal ESPC has revealed the top-performing Edinburgh postcodes in terms of rental yields, for the second quarter of 2024. The...

29 August 2024

From: Breaking News

Warning to letting agents as new enforcement regime starts

A council has taken over powers for enforcement in the private rental sector - and it’s started off with a warning...

27 August 2024

From: Breaking News

HMRC fines agents £1.6m for anti-money laundering breaches

It’s been revealed by Propertymark that HM Revenue & Customs has fined agents over £1.6m for branches of anti-money laundering regulations. The...

20 August 2024

From: Breaking News

Agents managing HMOs without licences hit by council fines

Fines totalling £108,000 have been issued to letting agents and landlords breaching HMO rules in part of London.  An additional HMO licensing...

02 July 2024

From: Breaking News

Want your agency to be successful? Then pay staff more!

Paying staff too little is a sure-fire way to hinder growth and profits, according to letting expert and former ALRA President,...

25 June 2024

From: Breaking News

Big HMRC fines for agents prompt Anti-Money Laundering guidance

Recent substantial fines issued by HMRC are a harsh reminder to agents to ensure that their Anti-Money Laundering policies are up...

23 April 2024

From: Breaking News

Trading Standards tells agents - Material Information is key so get on with it!

A representative of the National Trading Standards Estate and Letting Agents team has told agents to accept new rules about material...

11 April 2024

From: Breaking News

Agents listed on rogues’ database and fined over HMO failures

Managing agents in London have been instructed to pay a £15,000 fine for operating a House in Multiple Occupation without the...

27 March 2024

From: Breaking News

Big rise in Right To Rent fines

There’s been a rise of over 400 per cent in the monetary total of fines issued for Right To Rent offences...

15 March 2024

From: Breaking News

Final 48 hours for Property Awards nominations

Property professionals have less than 48 hours to submit entries for the Midlands PROPs Awards.  The search for the very best of...

28 February 2024

From: Breaking News

Agents risking huge Right To Rent fines - free webinar to help

Propertymark is hosting a webinar where Scott Bailey - policy manager at the Home Office - will answer questions on Right...

24 January 2024

From: Breaking News

Right To Rent penalties soar from today - up to £20,000 fine

Fines for agents and landlords who breach Right To Rent rules increase today from £80 per lodger and £1,000 per occupier...

22 January 2024

From: Breaking News

Breaches of tenant data must be taken more seriously by agents - ARLA

ARLA Propertymark has urged letting agents to take breaches of the Information Commissioner’s Office’s  data protection principle regarding GDPR seriously.   The call comes...

04 January 2024

From: Breaking News

Will 2024 see the end of private rental sector licensing?

Housing Secretary Michael Gove has given what some commentators have interpreted as a sign that private rental sector licensing from councils...

27 December 2023

From: Breaking News

Agents warned over Electrical Installation Condition Reports crisis

Repairs and maintenance supplier Fixflo is warning agents of a surge in demand for Electrical Installation Condition Reports in the short...

19 December 2023

From: Breaking News

Belvoir agents have access to private rental licensing data

Franchise giant Belvoir is the latest agency group to sign a deal with geospatial technology firm Kamma. The partnership will offer all...

29 November 2023

From: Breaking News

Government announces changes to Renters Reform Bill

Changes put forward to the Renters Reform Bill to crack down on rogue landlords, protect vulnerable residents and improve the safety of...

15 November 2023

From: Breaking News

Agents’ chief warns MPs on need for court reform and more bailiff capacity

Propertymark has called on the government to retain the option of fixed-term tenancies in the private rental sector where it is...

15 November 2023

From: Breaking News

PropTech: yet another coup for fast-growing licensing platform

PropTech firm Kamma - which specialises in information about landlord licensing - has inked another partnership. This latest link is with Goodlord.  Kamma’s...

07 November 2023

From: Breaking News

Client money accounting made easy with PayProp

A client account is essential to your lettings business, but the rules and regulations you need to follow to keep this...

26 October 2023

From: Sponsored Content

Politicians want to take ‘harder line’ with rogue agents

Harlow council says it wants to take a harder line against agents and landlords who knowingly let unsafe and substandard properties...

20 October 2023

From: Breaking News

Legal advice to agents: Spotting ‘illegal migrants’ isn’t easy

Law firm Brevis Law is shedding light on the difficulties agents and landlords have in meeting Right To Rent requirements in...

01 September 2023

From: Breaking News

New Property Awards event announced for this autumn

A new northern version of a popular property awards ceremony makes its debut this autumn. The North West PROPS, a northern-focused version...

22 August 2023

From: Breaking News

Agents and landlords warned over imminent changes to HMO regulations

Agents representing landlords of HMOs In Portsmouth are being warned by the council that their need to be licensed or face...

11 August 2023

From: Breaking News

Huge increases in fines for agents letting to illegal migrants

Agents who allow rental properties to be let to migrants who do not have the right to be in the UK...

08 August 2023

From: Breaking News

Another agency inks PropTech deal to handle compliance issues

PropTech Kamma has entered into a partnership with agency and consultancy JLL. This means JLL’s UK residential agents will have access to...

27 July 2023

From: Breaking News

Fines for agents rise rise steeply as AML clampdown kicks in

The average Anti-Money Laundering fine issued to estate agents for non-compliance in 2022-23 is almost half as large again as in...

19 July 2023

From: Breaking News

Agents hit with record licensing fines says PropTech firm

London letting agents and landlords have so far been hit with more than £900,000 in fines in the first half of...

05 July 2023

From: Breaking News

Avoid the stress of an annual accountants’ report ... by not doing one!

We compare traditional methods of client money account inspections by an accountant to the alternative Client Money HealthCheck. But first, let’s clarify...

04 July 2023

From: Sponsored Content

Three agents and landlord hit with massive fines for safety failings

Three property management companies and a landlord have been fined approaching £80,000 for health and safety failings. Mohammed Ali Abbas Rasool, Cadogan...

22 June 2023

From: Breaking News

How To Convert from Let-Only to Fully Managed

What objections are you hearing when you try and convert let-only landlords to fully-managed? Because the latest figures show just 18 per...

21 June 2023

From: Breaking News

Huge fines for agency and management company over safety failures

A management company and a lettings agency involved in running a London HMO have been prosecuted for fire safety failures. Monsoon Properties...

12 June 2023

From: Breaking News

Phil Spencer urges letting agents to go on the offensive

I was surprised the other day to read statistics from the English Housing Survey about how many landlords use letting agents. In...

05 June 2023

From: Breaking News

Government told - Stop the attacks on holiday lettings sector!

A holiday lettings agency has come out fighting on behalf of its clients. Following calls by local leaders in Cornwall and Devon...

26 May 2023

From: Breaking News

Law service takes swipe at “incompetent letting agents”

Landlords are urged to be cautious and do extensive research before signing up to a letting agent in the face of...

24 May 2023

From: Breaking News

Agents key to reassuring high-rise tenants on fire safety - claim

Letting agents have a key role in ensuring updated fire safety regulations really do improve standards for tenants in taller buildings. That’s...

24 May 2023

From: Breaking News

This is how agents will have to use the new Landlords Database

Propertymark has given an insight into how letting agents are likely to be expected to use a new Landlords Database. The database...

23 May 2023

From: Breaking News

Foxtons beefs up compliance with new PropTech partnership

Foxtons is to give its agents access to a compliance management and checking service. Fran Giltinan, Managing Director - Property Management &...

19 May 2023

From: Breaking News

Student activists allege high incidence of damp and mould

An activist group claims that 54 per cent of students are currently living with damp and mould. The group - Students Organising...

04 May 2023

From: Breaking News

Fake Reviews - online platforms plagued by bogus comments

Platforms like Facebook are infiltrated by fake review factories, despite the imminent publication of a new Bill which will look to make...

26 April 2023

From: Breaking News

Compliance expert slams unnamed non-compliant agents

A compliance expert is criticising unnamed agencies for risking fines “and wasting time and money” by relying on inadequate compliance reporting...

26 April 2023

From: Breaking News

5 Reasons to outsource your client accounting

As a dedicated letting agent, or estate agent with a lettings portfolio, you already have a lot on your plate. Managing...

18 April 2023

From: Sponsored Content

Message to Gove: EPC rule changes “devastating” for rental sector

A lettings agency chief says tighter EPC targets will be “devastating” for the private rental sector. Ben Quaintrell - managing director of...

14 April 2023

From: Breaking News

Licensing fines for agents go through the roof

It already looks like 2023 is on track to see licensing fines for agents and landlords reaching nearly double the 2022...

06 April 2023

From: Breaking News

New curbs on holiday lets are “inhumane” - claim

The latest restrictions imposed on holiday lets by a UK government are hurting local economies. The Welsh Government has confirmed there will...

07 March 2023

From: Breaking News

Got CMP coverage? Best to be sure, as some agencies are getting into a fine mess.

The law is clear – agencies in England, Scotland and Wales need a valid client money protection (CMP) policy to protect...

23 February 2023

From: Sponsored Content

Agents Warned: hefty fines if firms found to be non-compliant

A PropTech expert is warning that letting agents can expect hefty fines if they fail to comply with complex Client Money...

16 February 2023

From: Breaking News

Lettings in the spotlight as current and future regulations hit the headlines

We’re only in February and it’s already clear that this year will set the future direction of the private rented sector...

15 February 2023

From: Features

Business Rates shock for holiday let owners - warning

The Valuation Office Agency has issued a reminder that changes to eligibility rules for self-catering properties will come into effect from...

10 February 2023

From: Breaking News

HMRC hits agents with larger non-compliance fines

Fines issued to agents for anti-money laundering non-compliance are getting bigger, reversing a downward trend seen throughout the pandemic, according to...

18 January 2023

From: Breaking News

Landlord licensing info to be supplied to high-end lettings agency

Knight Frank is partnering with licensing compliance firm Kamma. The growth of discretionary licensing schemes across the 408 local authorities in the...

10 January 2023

From: Breaking News

Auditors to visit branches in person to assess agency compliance

Propertymark auditors are offering in-person visits to branches to improve their compliance.  The trade body says this is in response to demand from...

20 December 2022

From: Breaking News

Agency figure warns government not to scare off landlords

A senior Savills figure, who chairs the trade body known as The Lettings Industry Council, has issued a warning to the...

29 November 2022

From: Breaking News

Agents and Labour back Gove’s clampdown on private rental sector

Propertymark has given its backing to a clampdown by Housing Secretary Michael Gove on private landlords - although landlords themselves appear...

25 November 2022

From: Breaking News

We want higher council tax for second homes, says lettings agency

A holiday lettings agency has taken the unusual step of speaking out in favour of higher council tax for second home...

21 November 2022

From: Breaking News

Compliance chief tells off the agency industry

Property professionals need to be more vigilant when it comes to their anti-money laundering processes. That’s the view of the manager of an...

17 November 2022

From: Breaking News

HMRC’s Tax Threat to rentals slammed by agency chief

A holiday lettings agency has criticised the proposed rise in capital gains tax which may be introduced this week in the...

14 November 2022

From: Breaking News

Agent Alert - City Trading Standards team begins clampdown

A council’s Trading Standards team is warning letting agents of a new clampdown on compliance failures. Stoke-on-Trent Trading Standards says it’s received...

09 November 2022

From: Breaking News

Fines for agents soar but Anti Money Laundering set to improve

The average Anti-Money Laundering fine handed to agents has soared by two thirds. An analysis of five industries - Accountancy, Estate/Lettings Agency,...

09 November 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

Agent slams new rules for Airbnb and other short let rentals

A holiday letting agency has criticised the introduction of licensing for short term rentals in Scotland as “poorly thought-through and ill-timed”.  Iain...

04 October 2022

From: Breaking News

London rentals market - prime areas boom, commuter belt slows

Prime London rental growth reached 14.0 per cent in the year to the end of September according to Savills, but the...

03 October 2022

From: Breaking News

Developer sets up lettings agency and guarantees 10% yield

A developer building flats and houses in Cornwall has set up a lettings operation promising a fixed 10 per cent gross...

29 September 2022

From: Breaking News

Big rise in cash fines for agencies flouting AML regulations

There’s good news and bad news for letting agents on the anti-money laundering front. The good news is that the overall number...

23 September 2022

From: Breaking News

Agents Ultimate Guide to next month’s new alarms laws

The law around the requirement for smoke and carbon monoxide alarms in rental properties will change in England on October 1. Propertymark...

05 September 2022

From: Breaking News

Consumers urged to report non-compliant agents to Citizens Advice

A county council is urging people to complain if they believe letting agents are failing to comply with consumer legislation. Staffordshire county...

11 August 2022

From: Breaking News

Clampdown! Sharp rise in fines for letting agents

PropTech firm Kamma says total fines for agents and landlords have now topped £8m in London alone with a £238,000 increase...

09 August 2022

From: Breaking News

Updated guidance for agents on smoke and carbon monoxide alarms

The government has issued detailed guidance ahead of a change in the law around smoke and carbon monoxide alarms coming into...

01 August 2022

From: Breaking News

Warning To Agents - compliance crackdown starting shortly

Fourteen Trading Standards authorities across a swathe of England are embarking on an enforcement project to check lettings agency compliance.  The Central England...

15 July 2022

From: Breaking News

Rental sector licensing service teams up with insurance broker

PropTech firm Kamma, which monitors the growing number of local council licensing regimes, has teamed up with an insurance broker. The link...

17 June 2022

From: Breaking News

Rental Reform White Paper - full details here

The government has released the full details of what it calls the Fairer Private Rented Sector White Paper. This is to form...

16 June 2022

From: Breaking News

Huge agency network signs up to licensing PropTech service

The massive Belvoir franchise network has signed up 360 of its franchisees to the PropTech service Kamma.  The franchisees include those under...

16 May 2022

From: Breaking News

Agencies targeted by crime syndicates, claims trade body

The UK lettings and estate agency is being targeted by crime syndicates in order to launder dirty money. That’s the claim of...

27 April 2022

From: Breaking News

Activists turn on letting agents and Labour as “landlords’ lackeys”

An activist at the centre of a controversy involving a London letting agent has used a left-wing website to explain how...

25 April 2022

From: Breaking News

HMRC should be tougher on letting agency checks - survey

A technology platform claims that as many as a third of lettings agencies that should be compliant with anti-money laundering regulations...

25 April 2022

From: Breaking News

PropTech claim to identify all private rental licensing schemes

A PropTech supplier which helps agents and landlords identify private rental sector licensing issues has announced a new partnership. Geospatial technology firm...

12 April 2022

From: Breaking News

Activists slam councils for failing to regulate agents and landlords

An activist group in London has launched a scathing attack on councils which it claims have been ineffective in regulating rogue...

04 April 2022

From: Breaking News

Inventories key to ensuring agents comply with law, claims supplier

Inventories are a key tool to ensuring they, and the properties they let, comply with the law. That’s the claim from industry...

04 April 2022

From: Breaking News

Agent writes book telling landlords - “What’s holding you back?”

The owner of a Belvoir lettings franchise has fulfilled a lockdown ambition to write and publish her book ‘Landlords, what’s holding...

16 March 2022

From: Breaking News

Agents Alert - radical rental reforms shift power to tenants

The government’s new Levelling Up White Paper, revealed this morning, includes a radical reshaping of the private rental sector. Section 21 eviction...

02 February 2022

From: Breaking News

PropTech partnership announced with tenant referencing platform

PropTech companies Kamma and Veri-Check are consolidating an existing partnership. Kamma users can already access Veri-Check’s instant property licensing checks, but in...

14 January 2022

From: Breaking News

Named and shamed - landlords told ‘check this agency before using’

Bristol-based lettings management company Iletpro Ltd has been ordered to pay a total of £2,700.06 in fines and costs for failing...

09 December 2021

From: Breaking News

Agency must pay £80,000 after multiple fire risk failures

A London property managing agent has been ordered to pay more than £80,000 for safety failings which “exposed a potentially large...

08 December 2021

From: Breaking News

Licensing: PropTech suppliers buddy up to improve compliance

PropTech suppliers Kamma and CoreLogic UK have teamed up to help improve the process of buy to let lending and compliance. Kamma...

08 December 2021

From: Breaking News

London agents hit with more and larger fines by local councils

Council-imposed fines on letting agents and landlords that fall foul of licensing regulations have risen dramatically in the past month alone. Research...

25 November 2021

From: Breaking News

Huge fine for agency and boss who perverted course of justice

Over £80,000 pounds of fines have been imposed on a letting agency and its director. Zenith Accommodation Ltd’s boss, Mohammad Mallick of...

08 November 2021

From: Breaking News

Agents Beware: ‘information checklist’ to avoid potential fines and claims

A checklist for agents to help ensure they steer clear of unwanted fines or claims has been provided by the Guild...

20 October 2021

From: Breaking News

Council boasts of court cases and fines against letting agents

One of the local authorities with the tightest clampdowns on letting agents has issued a statement celebrating its successes. Tower Hamlets council in...

19 October 2021

From: Breaking News

Was agent fined merely for helping his mother manage a property?

A bizarre fine imposed on a managing agent by a local authority appears to have been reversed because the council flouted...

18 August 2021

From: Breaking News

Lettings agencies amongst those fined by HMRC for breaches

Two lettings agencies are amongst three property agents which have been fined by HM Revenue & Customs for breaching anti-money laundering...

18 August 2021

From: Breaking News

HMO property agency and landlord hit with fine and costs

A landlord and the property company of which he is director have been convicted and ordered to pay more than £17,000...

13 August 2021

From: Breaking News

Letting agent’s huge fine is largest in five year compliance clampdown

An analysis of the Mayor of London’s Rogue Landlord and Letting Agent Checker shows that since it was introduced in 2018...

05 August 2021

From: Breaking News

Agents Beware - Rental fraud on the rise, alleges due diligence firm

There’s a new warning the rental fraud could be on the rise. Due diligence firm Homeppl says the combination of possible job...

23 July 2021

From: Breaking News

Warning to agents to schedule regular compliance checks

There’s a warning from an industry trade body that some agents may have failed to take compliance obligations seriously enough.  Paul Offley,...

16 July 2021

From: Breaking News

Another rental property licensing scheme consultation launched

A proposal for one of the country’s largest ever private rental sector licensing schemes has gone out to consultation. Manchester’s Labour council...

22 June 2021

From: Breaking News

HMRC deadline for letting agents in just two weeks’ time - warning

There are just two weeks left for letting agents to register with HM Revenue & Customs if they want to be...

27 May 2021

From: Breaking News

Labour council warns landlords will be served with ‘anti-social orders’

A Labour council in London is taking the unusual measure of threatening landlords with community protection notices - associated with anti-social...

25 May 2021

From: Breaking News

Agents urged to beware council compliance crackdown and heavy fines

Agents are being warned about a crackdown on compliance issues surrounding rental property management. No Letting Go, the country’s largest provider of...

07 May 2021

From: Breaking News

Compliance PropTech firm inks deal with Hunters network

Lettings franchise giant Hunters has struck a commercial deal with a geospatial technology firm. The partnership offers immediate access to Kamma’s full...

16 April 2021

From: Breaking News

Agents urged to create paper trail on electrical compliance

Changes to electrical safety standards rules applying to existing tenancies came into force at the start of the Easter break and...

06 April 2021

From: Breaking News

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