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KEYWORD "Interest" - 101 RESULTS
Propertymark backs bank's bid to turn renters into first time buyers

Propertymasrk has thrown its weight behind Lloyds Banking Group making £2 billion of lending available to first time buyers borrowing more...

30 August 2024

From: Breaking News

Agents to hear about ‘Call Before You Serve Notice’ service

Agents and landlords are invited to what a council calls “an invaluable local conference where they can get free advice from...

30 August 2024

From: Breaking News

Government puts squeeze on key area to encourage more homes

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

29 August 2024

From: Breaking News

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

Lettings boss backs Labour to add billions to housing market total value

Labour’s target of delivering an average 370,000 new homes a year could bring about a remarkable £161 billion boost in value...

28 August 2024

From: Breaking News

Zoopla tells letting agents exactly how much it does for them

Leading property website Zoopla has delivered strong results for letting agents in the run-up to the busiest time of year for...

27 August 2024

From: Breaking News

Council bid to run private lettings agency ends in failure

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

27 August 2024

From: Breaking News

First details released for Agent Rainmaker’s latest flagship event

Letting agents keen to scale their business fast are being encouraged to attend what the organisers call “an industry flagship event”...

22 August 2024

From: Breaking News

Tenants in ‘misery’ thanks to high rents - claim

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

16 August 2024

From: Breaking News

Arrears reach new high, says deposit alternative supplier

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

16 August 2024

From: Breaking News

EPC Targets - rental analysis reveals dire threat to lettings agencies

A warning has been issued that lettings agencies could lose millions of pounds if landlords quit over new EPC targets. Reapit analysed...

15 August 2024

From: Breaking News

Inflation hike ‘necessary part of reaching stable housing market’

The rise in consumer inflation from 2.0% to 2.2% is “an unfortunate but accepted part” of achieving a stable housing market. So...

15 August 2024

From: Breaking News

Tax expert says ‘act now’ over Furnished Holiday Lettings change

A tax expert is advising anyone involved in the furnished holiday lettings sector to ‘act now’ ahead of upcoming tax changes. Ben...

14 August 2024

From: Breaking News

Short Lets sector podcast seeks expert guests

Holiday Cottage Handbook has launched a new podcast series - Bitesize - looking at the short-term rentals industry, and wants experts...

13 August 2024

From: Breaking News

Buy To Let yields rise for HMOs and company landlords

Landlords generated average rental yields of 6.3% in the second quarter of the year, research for Paragon’s latest PRS Trends Report...

09 August 2024

From: Breaking News

Buy To Let property purchases plummet as tax threats mount

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

08 August 2024

From: Breaking News

Purplebricks backs Labour plans ‘because rental sector is a mess’

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

08 August 2024

From: Breaking News

Tories’ Section 24 tax change leaves some “with precarious finances”

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

05 August 2024

From: Breaking News

Bank of England reveals interest rate decision

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

01 August 2024

From: Breaking News

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

Recruitment evening for agency to be set in the heart of Mayfair

Fine & Country is holding a recruitment open evening in its flagship office on Park Lane in London next month.  Managing director...

01 August 2024

From: Breaking News

Homes Under The Hammer 'should warn people about buy to let'

An investment expert says TV property shows - especially episodes recorded some time ago - should carry warnings about soaring buy...

30 July 2024

From: Breaking News

Rightmove spends £3m on PropTech ‘eco-system’ as profits soar

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

29 July 2024

From: Breaking News

Interest rates to be cut next week - senior economists’ forecast

The Bank of England will trim base rate to 5% next week, according to a majority of economists in a poll...

26 July 2024

From: Breaking News

Revolution! Agents could represent buyers AND sellers

A prominent industry trainer is working with a fledgling sales agency to launch what it calls a “buyer representation programme” -...

24 July 2024

From: Breaking News

Agency veteran turned MP will run for Conservative leader - report

The veteran founder of Hunters, Kevin Hollinrake, is reported to be in the race to be Conservative Party leader.  He is MP...

22 July 2024

From: Breaking News

Buy To Let investors plummet while the rest focus on high yield areas

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

22 July 2024

From: Breaking News

40 Not Out! Valerie celebrates four decades in lettings

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

19 July 2024

From: Breaking News

Ending S21 is fine says leading agent - but safeguards needed

The government’s renewed pledge to end Section 21 eviction powers for agents and landlords is fine, a leading industry figure has...

18 July 2024

From: Breaking News

Tenants get agents’ advice on how to “jump the rental queue”

A lettings agency is offering tenants guidance on what it calls “how to jump the rental queue.” Benham and Reeves outlines a...

17 July 2024

From: Breaking News

Rents rising in most areas as high interest rates hit long-term supply

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

15 July 2024

From: Breaking News

Agents tell Rayner: we want agency regulation, mandatory qualifications

ARLA Propertymark and a number of other property industry bodies wants Housing Secretary Angela Rayner to regulate letting and sales agents. An...

15 July 2024

From: Breaking News

House building sector to bounce back soon - forecast

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

15 July 2024

From: Breaking News

Greater supply of rental properties now, says franchise chain

Franchise chain Winkworth says there’s been a greater supply of rental properties in the first half of the year, combined with...

11 July 2024

From: Breaking News

Labour “serious about change” and “grasping the nettle” - top agent

Labour’s proposed planning reforms indicates that the new government is serious about change and grasping the nettle on housebuilding. That’s the view...

09 July 2024

From: Breaking News

Foreign-based tenants and investors targeted by high end lettings agency

High end lettings agency Hamptons has launched a new international department to woo overseas investors and tenants seeking rental properties in...

09 July 2024

From: Breaking News

RICS urges Labour to move fast on housing pledges

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

08 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

Popular Buy To Let mortgage lender is latest to cut rates

Paragon Bank has reduced rates on its core range of buy-to-let mortgages, taking 15bps off 10 products, in addition to launching...

05 July 2024

From: Breaking News

Labour has a mandate to help renters become buyers - PropTech claim

The incoming Labour government has a social mandate to support the next generation of homeowners in the UK, says financial PropTech...

05 July 2024

From: Breaking News

Labour’s Housing Policies - next five years start today

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

05 July 2024

From: Breaking News

Lettings agency regulation demanded by PropTech leader

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

04 July 2024

From: Breaking News

Election result already priced-in to housing market, says top analyst

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

02 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

How Much? Another £400k needed to rent in retirement

People who expect to rent throughout their retirement could need an additional £391,000 in savings compared to those who have paid...

27 June 2024

From: Breaking News

Deposit alternatives boosted by cost of living crisis - video

An interview with a figure from one of the many deposit alternative services reveals a significant rise in interest in this...

26 June 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

Experts warn against corporates monopolising private rentals

The decision of property developer Berkeley Group to enter the private rental sector is bad news for tenants, it’s claimed. Berkeley plans...

25 June 2024

From: Breaking News

Developer creates lettings agency for its own schemes

Development company Select Property has launched Select Residential, one of the first in-house lettings businesses of its kind by a build-to-sell...

24 June 2024

From: Breaking News

Interest Rate Decision announced by Bank of England

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

20 June 2024

From: Breaking News

Labour to ban bidding wars and high upfront rental payments

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

20 June 2024

From: Breaking News

No Excuse Not To Cut Rates Today - Agents’ demands

Inflation back on target and following speculation about a summer interest rate cut have prompted Propertymark to insist that the Bank...

20 June 2024

From: Breaking News

On-Sale Agency hosting Election Impacts Webinar

Fine & Country - the agency which was recently put up for sale - is hosting a webinar next week to...

20 June 2024

From: Breaking News

Renting Still Cheaper Than Buying with a 5% Deposit

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

19 June 2024

From: Breaking News

Two new London offices for Connells’ high-end brand

John D Wood & Co., one of the UK’s oldest lettings and estate agents dating back over 150 years, has expanded...

18 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

Section 21 to be scrapped by Labour immediately

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

13 June 2024

From: Breaking News

RICS rings alarm bells over state of lettings market

The latest residential market survey from the Royal Institution of Chartered Surveyors is raising a red flag over what it calls...

13 June 2024

From: Breaking News

‘No Interest Rate Cut This Summer’ after bad news from government

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

12 June 2024

From: Breaking News

Agents Distinctly Underwhelmed by Tories’ manifesto pledges

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

12 June 2024

From: Breaking News

Word-for-Word - Conservative Rental and Housing Manifesto Pledges

The Conservatives have this afternoon set out a 78-page manifesto, of which just over two pages are given to housing and...

11 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

Rental Tax Change - Short Lets sector warned of possible losses

An accountancy firm is warning those using Airbnb and similar short let platforms that new tax rules mean they could lose...

10 June 2024

From: Breaking News

Labour’s big idea to shift first time buyers from rental sector

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

07 June 2024

From: Breaking News

Agent pleads with landlords to believe in buy to let

The director of a London lettings agency says buy to let landlords are entitled to feel downtrodden but claims it’s still...

07 June 2024

From: Breaking News

Stamp Duty Change from Tomorrow - reminder to agents

As a result of an announcement back in March, in the government’s final Budget, a major change to stamp duty comes into...

31 May 2024

From: Breaking News

Forget party policies - check interest rate movement

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

30 May 2024

From: Breaking News

Prioritise First Time Buyers - demand grows for next government to take action

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

30 May 2024

From: Breaking News

Reviews are key to success in saturated market - claim

An insurance firm’s assessment of how to market a holiday let successfully claims that strongly favourable reviews are far and away...

29 May 2024

From: Breaking News

First Timers stuck renting because of lack of understanding - claim

A mortgage lender claims many potential first time buyers are missing out because they don’t understand the concept of shared ownership. Just...

29 May 2024

From: Breaking News

Reform Bill collapse is “significant setback” claims letting agency boss

The failure of Labour and Conservatives to agree that the Renters Reform Bill should become law by July 4 has been...

28 May 2024

From: Breaking News

Rental growth forecasts cut as supply catches up with demand

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

28 May 2024

From: Breaking News

Half of Agents say they Don’t Know who they’ll vote for

Around half of letting agents and landlords say they are unsure about how they will vote in the General Election. A joint...

23 May 2024

From: Breaking News

We’re Looking For Agencies To Buy - unusual statement from firm

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

23 May 2024

From: Breaking News

Hot Money now on August Interest Rate Cut

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

23 May 2024

From: Breaking News

Interest rate cuts this year, suggests IMF - but it isn’t all rosy…

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

22 May 2024

From: Breaking News

Good news on Inflation expected this week

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

20 May 2024

From: Breaking News

Get the Rent To Rent house in order, demands Propertymark

Propertymark has come out in support of the National Trading Standards Estate and Lettings Agency Team’s probe into Rent-to-Rent.    NTSELAT has...

17 May 2024

From: Breaking News

Brexit and High Interest Rates pose major challenges to agents

Letting agents believe Help to Buy has been the most positive influence to the property market in recent times, while on...

16 May 2024

From: Breaking News

Far cheaper to rent than to buy in London - new figures

Londoners looking to buy a home can expect to spend 42% more on monthly mortgage payments than tenants pay on rent,...

16 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

Tax - that’s why rents are rising so much

Propertymark has given its view on why private rents have risen so much - 6.1% in England, 7.0% in Wales and...

15 May 2024

From: Breaking News

Election Gimmick Stamp Duty Cut would trigger evictions - claim

A stamp duty cut in the run up to a General Election would see house prices go up and evictions soar,...

15 May 2024

From: Breaking News

Rightmove Money-Making Machine set to hike agent fees again

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

13 May 2024

From: Breaking News

Agents breathe sigh of relief as arrears fall

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

13 May 2024

From: Breaking News

Under 25% of renters bother reading tenancy agreements

A new survey from law firm Weightmans has found that only 24% of renters read tenancy agreements.  It says this is largely...

09 May 2024

From: Breaking News

RICS: Landlord instructions in short supply as market slows

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

09 May 2024

From: Breaking News

Expansion for well known London lettings and sales brand

London lettings agency Kinleigh Folkard & Hayward is expanding with the opening of a new branch in the centre of Camberwell. Anthony...

09 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

Letting agent claims area is over-run with Airbnb-style short lets

A lettings agent who is also on the executive of Propertymark claims one of Britain’s tourist hotspots has been over-run with...

07 May 2024

From: Breaking News

Agency flags growing worries over pets in lets

A prominent lettings agency says concern is growing in the private rental sector about the prospect of more pets in properties.  A...

07 May 2024

From: Breaking News

Lords won’t wreck Renters Reform Bill - trade body

A lettings sector trade body predicts that the House of Lords is unlikely to make substantive changes to the Renters Reform...

03 May 2024

From: Breaking News

Franchise chain launches campaign for new recruits

Winkworth has appointed an ex-Chestertons and ex-Strutt and Parker industry figure to recruit new offices to the agency’s network. Chris Brand, who...

29 April 2024

From: Breaking News

Cheaper to buy than rent in every major British city - Rightmove

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

24 April 2024

From: Breaking News

Foxtons’ internal lettings data shows market returning to normal

Data from in-the-news agency Foxtons reveals rental applicant demand has increased 9% from February, yet is now still 14% lower year...

24 April 2024

From: Breaking News

Propertymark guide helps tenants complain and challenge rent rises

A new guide from Propertymark explains the rights which private rental tenants have - and sets out how they can challenge...

23 April 2024

From: Breaking News

Regulation of Property Agents - government slammed by Lords

The government’s failure to act on the Regulation of Property Agents (RoPA) working party - chaired by Lord Richard Best and...

22 April 2024

From: Breaking News

Rent Ceilings Have Been Reached - agency's stark warning

The chief executive of one of Britain’s largest franchise agency chains is warning that rents may no longer be able to...

18 April 2024

From: Breaking News

Interest Rates to stay high despite this week’s good inflation news

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

15 April 2024

From: Breaking News

Buy To Let property profile changes as landlords diversify

Houses in Multiple Occupation are making up an increasing percentage of buy-to-let business, according specialist lender Shawbrook.  In both 2022 and 2023,...

12 April 2024

From: Breaking News

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