Archive

Residential property sales were up by 7% in July compared to the same month year, with 90,630 transactions, official figures show. But...

LSL Estate Agency Franchising says it’s got “ambitious growth plans” for expanding franchisee patches across the country. In spring 2023 the company...

Housing Minister Matthew Pennycook has written to one of the key areas he believes vital for achieving Labour’s house-building targets, calling...

Knight Frank has set out its forecast for the rental sector for the rest of 2024 - notwithstanding political uncertainty. In the...

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

PropertyPal - a portal recently at the centre of a fees dispute - has merged with Propertynews. The two brands, which are...

London-focussed property data firm LonRes, which analysis activity in the prime areas of the capital, says annual rental growth increased to...

New figures show the scale of the rental supply slump in recent years. The respected Home website, which produces a monthly lettings...

The property consultancy Bidwells has appointed a digital transformation expert to a new role to help the firm prepare for the...

Johns&Co, an agency specialising in property investment and asset management, is expanding into a new territory - Manchester. Since its establishment in...

Lettings agency chain Lomond has revealed a list of what it calls “up and coming rental hotspots” with yields having strengthened...

Just as the prospect of tax rises in the Budget is causing uncertainty in the prime London sales market, so Labour’s...

The new Labour government has a “golden opportunity its” to resolve the rental crisis, but must give clarity to the industry...

The latest rental market survey by the Royal Institution of Chartered Surveyors suggests there’s still a significant mismatch between supply and...

The chief executive of Purplebricks says he’s backing Labour’s house building plans because of the state of the private rental sector.  Sam...

Rightmove has admitted to shareholders that it’s to lose 8% of its lettings listing from next month - the equivalent of...

A new analysis by Zoopla suggests and one in eight homes currently for sale were previously let out. The portal says this...

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...

Foxtons latest trading update shows growing reliance on lettings income. However it says the performance - which saw double digit growth in...

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

A trading statement by Rightmove reveals that it’s  spent £3m on just an 8% share of a PropTech system that describes...

The Building Engineering Services Association has welcomed the new government’s commitment to reinforce the rules that require landlords and their agents...

Figures from the National House Building Council show that housebuilding is currently running at only half the rate the new Labour...

Rightmove says the number of available rental properties is currently 14% higher than this time last year, while tenant demand is...

The low supply of rental homes continues to put upward pressure on rents, reports Hamptons.   The average tenant paid £1,347 pcm to...

New figures from lettings agency Hamptons suggest that investors purchasing buy to let properties are increasingly looking to the north of...

London high end agency Eccord has bolstered its property management team with two experienced new hires. Steve Wilson joins as Senior Property...

Letting industry doyen Valerie Bannister has celebrated 40 years in the industry with a party thrown by her employer, Your Move.  Valerie...

The average age of landlords acquiring new rental property with a buy to let mortgage has fallen over the past decade,...

New analysis from the British Property Federation (BPF) shows a dramatic slump in the number of Build To Rent units started. Although...

The right wing think tank the Adam Smith Institute has launched something called the Cost Of Rent Day. The institute has calculated...

Lettings agency giant Connells says the private rental sector performed strongly in the second quarter of 2024 despite worries over future...

Property consultancy JLL says there’s been a noticeable rise in prime Central London lettings activity.  Average rents rose 0.9% from Q1 to...

A 101-home Built To Rent estate is being created by Barratt Homes in Cambridge, as part of a deal with BTR...

Asking rents continue to show posi­tive, albeit lower, growth in most regions according to the property website Home. The site conducts a...

Industry technology provider Reapit is holding a webinar tomorrow giving agents “an opportunity for savvy agents to unlock profits through tried...

Glenigan, regarded as one of the construction industry’s most respected insight and intelligence consultancies, says the sector will enjoy a long-term...

Deposit alternative provider flatfair claims to have enjoyed a record-breaking start to 2024, forming 61 new partnerships.  These include Concept Estate Agents,...

Data sourced from millions of Barclays current accounts reveals spending on rent and mortgages rose just 1.5% year-on-year in June –...

The Royal Institution of Chartered Surveyors says it welcomes the new Labour government’s ambitious housing plans - but it also casts...

The relentless acquisition programme of the private equity-funded Lomond Group continues apace with another acquisition announced today - the second this...

The Royal Institution of Chartered Surveyors has congratulated Labour on forming the next government but says it must move quickly to...

Leading property players and analysts suggest that the lacklustre housing market figures produced by the Halifax over the weekend owe more...

Labour MP Matthew Pennycook has been named as the principal housing minister in the new government. He was shadow housing minister when...

My Property Box – a North East-headquartered lettings and sales agency – has struck a multi-million pound private equity deal for it...

The biggest rental sector headline from Labour’s manifesto may well be its pledge for the “immediate” abolition of Section 21 eviction...

Regulation of lettings and estate agencies must be a priority for the government elected tomorrow, a PropTech entrepreneur demands. Sián Hemming-Metcalfe of...

Knight Frank says tenancies agreed in June for properties asking over £1,000 per week were at a level below the asking...

The latest snapshot of the rental market from Rightmove reveals that average advertised rents for tenants outside of London have reached...

Labour is likely to make rental sector reform and regulation a priority - at least partly because it will be low-cost...

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

A female-run block management company says it’s achieved a 30% growth in its client base - and it doesn’t take kickbacks...

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

The deputy chief executive of an organisation funded by the Nationwide Foundation claims to have suffered “horrendous exploitation” at the hands...

The Bank of England has kept base interest rate at 5.25%. Some industry figures hoped for a cut following yesterday’s inflation news,...

Labour has stepped up its programme clamping down on what it calls “unscrupulous landlords strangling growth.” Specifically this means ending bidding wars,...

A lettings agency director is suggesting the short lets boom may be over. Marc von Grundherr, director of Benham and Reeves, says...

Would-be buyers with a 5% deposit face paying £300 per month more in mortgage repayments than if they continued renting, says...

Lomond’s John Shepherd brand has acquired a small Birmingham lettings agency, Xact Lettings. No figure is given for the number of lettings...

The UK housing market has returned to its pre-pandemic size, according to Savills analysis. Overall, the total value of the UK housing...

Labour’s manifesto, just released, makes a pledge to enact the “immediate” abolition of Section 21 eviction powers, along with other private...

Any lingering hope of a pre-election interest rate cut by the Bank of England has been hurt by the government’s Office...

Knight Frank is suggesting that a growing degree of uncertainty is hitting the rental market, particularly the high-end sector in the...

Agents, and others in the lettings industry, have given a sceptical response to the Conservative manifesto and its varied pledges about...

London’s rental market has weakened in recent months according to the fledgling online service Hello Neighbour. Rents are 1% down compared to...

Lomond’s John Shepherd brand has acquired a small Birmingham lettings agency, Xact Lettings. No figure is given for the number of lettings...

The Property Franchise Group, which calls itself the UK’s largest multi-brand property franchisor, says its merging with lettings giant Belvoir has...

Labour is launching a new Freedom to Buy scheme to get 80,000 young people on the housing ladder, over the next...

Software company COHO has presented wards to agencies, suppliers and individuals involved in the HMO business. The firm says the awards honour...

The franchisees of Martin & Co’s Rochdale branch have completed their first independent acquisition less than a year after taking on...

Online agency lettingaproperty.com says it’s bought up the rental portfolio handled by virtual rival Mashroom. The acquisition increases lettingaproperty’s assets under management...

The 85 branches of Spicerhaart have signed a three-year partnership with The Lettings Hub to use its tenancy management platform. Spicerhaart also...

The Royal Institution of Chartered Surveyors has launched what it calls an “impartial”guide for landlords, investors and others buying or selling...

A £300m transformation of part of Glasgow is continuing apace following the completion of a 346-unit Build To Rent scheme. The scheme,...

More details have emerged of the deal - reported on Letting Agent Today and Sky News on Sunday - for Property...

Citra Living, the Build To Rent offshoot of Lloyds Banking Group, continues with its growth strategy into the private rental sector. Citra...

Independent agency Henry Adams says it wants “entrepreneurs and business owners” to “explore new growth avenues” The company is seeking acquisitions, joint...

The Property Franchise Group is buying the Fine and Country chain, plus the membership body the Guild of Property Professionals. The deal is worth...

An agency group with an acquisition programme funded by a private equity operation has snapped up another independent agency. Lomond - which...

Zoopla says a prominent regional agency, Dowen, has returned to its site in a bid to ramp up its plans for...

A prominent housing market analyst says people shouldn’t bother reading election literature but instead study interest rates if they want to...

Build To Rent provider Sigma Capital says it’s enjoyed a record breaking period of growth. Over 2023 and so far in 2024...

Propertymark has stepped into the row over whether there should be more controls over second homes, holiday lets and people from...

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

Asking rents continue to show posi­tive growth in all regions except Greater London, the UK’s largest rental market, where they continue...

Pattinson Estate Agency has taken the unusual step of saying it’s looking for rival lettings operations to buy.  The family-owned agency is...

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

The International Monetary Fund has suggested that the British economy could accommodate three interest rate cuts this year, with Kate cuts...

Letting agents are being encouraged to sign up so a mystery shopper can assess their performance. KnowYourMarket, a market research firm in...

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

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

Property consultancy Walker Singleton has acquired the book of business of the Boococks agency as part of its West Yorkshire growth...

An AI-powered Customer Relationship Management system tailored specifically for letting and estate agents has been launched by an individual agency.  Preston Baker...

The agency Centrick has been appointed to launch and operate a new multi-million-pound Build To Rent development in Leicester.  Centrick will provide...

Number one portal Rightmove has upgraded growth expectations in its latest statement to shareholders - and is again growing its average...

The pressure on rents for new tenancies in Scotland’s private rented sector have started to ease with all major cities now...

A 20-branch agency focused on Surrey has relocated its flagship office in the county. Seymours’ new 3,000 square feet office space is...

The latest RICS UK Residential Survey results suggests that tenant demand continues to lose momentum.  Alongside this, landlord instructions remain in short...

Rental growth in prime London postcodes has narrowed to levels last seen in the summer of 2021, says Knight Frank.  Average rents...