x
By using this website, you agree to our use of cookies to enhance your experience.
KEYWORD "Loss" - 100 RESULTS
Planning consent may be needed for small HMOs in part of London

A Labour council in London is seeking much greater control over the creation of so-called ‘small HMOs’. Lambeth council wants anyone creating a...

21 August 2024

From: Breaking News

Rightmove strikes last-minute fees deal with OpenRent

A brief statement to the London Stock Market this evening has confirmed that Rightmove will, after all, carry OpenRent listings in...

09 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

Capital Gains Tax revenue up as buy to let investors quit

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

05 August 2024

From: Breaking News

Warning - new leasehold law ‘could take years to come into effect’

New rules on renewing leases may take years to come into effect, a leading property lawyer warns. The Leasehold Reform Act became...

28 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

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

The magic word that wins landlord clients - ex-ARLA chief explains

A lettings expert is advising agents that “congruence” is key to successful acquisition of landlord clients. Former ARLA Propertymark president and the...

03 June 2024

From: Breaking News

Airbnb Restrictions - Gove slammed by Labour-dominated council body

London councils have slammed government plans for regulating the short-term and holiday lets sector. In a letter to Housing Secretary Michael Gove,...

21 May 2024

From: Breaking News

Rightmove rolls out Material Information listings display

Rightmove is rolling out displaying the new Material info Parts B & C fields on listings, following a number of months...

20 May 2024

From: Breaking News

Tenant Turnover - landlord sales and not evictions are chief cause

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

16 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

Demand slows as agents warn about unsustainable rent rises

The latest market report from Propertymark’s lettings agents suggests the demand is slowing. The latest data - for March - shows that...

03 May 2024

From: Breaking News

Tory says councils lose out by levying second home taxes

A politician is claiming that second home council tax premiums, where owners pay up to double the normal rate, is resulting...

01 May 2024

From: Breaking News

Shelter demands “overhaul” of Renters Reform Bill

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

01 May 2024

From: Breaking News

Average rent arrears climb as cost of living crisis bites

Average rent arrears claims climbed to £1,816 in the first quarter of this year. That’s a rise of 27% from £1,435 in...

17 April 2024

From: Breaking News

Foxtons To Be Sold? Media speculation grows

Lettings giant Foxtons has hired merger and acquisition bankers from Rothschild following pressure from shareholders to sell itself for £160m, the...

15 April 2024

From: Breaking News

Ground Rents U-turn hailed ‘a victory for common sense’

What appears to be another government housing policy U-turn - this time on ground rents - is being hailed as “a...

26 March 2024

From: Breaking News

Tory MP reported to bring Renters Reform Bill “to brink of collapse”

A national newspaper says the Renters Reform Bill is “on the brink of collapse” as Tory MPs are divided on their...

08 March 2024

From: Breaking News

Agency pays £20,000 to employee for Injury To Feelings

A high profile lettings agency has had to pay almost £22,000 in damages to an employee who raised concerns about safety...

01 March 2024

From: Breaking News

Shelter lobbies politicians with ‘rental plan to end homelessness’

Shelter is calling for the construction of 90,000 rental properties each year for a decade - and it claims this would...

27 February 2024

From: Breaking News

Private rental demand to soar if bankrupt council ends social housing

Birmingham’s Labour council is considering closing its social housing waiting list to new applicants - and this is likely to trigger...

12 February 2024

From: Breaking News

British Homes for British Workers - Experts, activists unite in opposition

Seventeen housing organisations have sent an open letter to the government rejecting its idea of prioritising British families when it comes...

30 January 2024

From: Breaking News

Propertymark wants additional health and safety cladding measures

The letting agents’ trade body Propertymark says one of the UK governments should go further in ensuring the safety of tenants...

17 January 2024

From: Breaking News

Lomond snaps up another regional lettings agency

Fast-growing Lomond has snapped up another regional agency - this time one in the Midlands. Centrick - which had a High Street...

12 January 2024

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

Rebrand for 90-office national agency chain

The Northwood franchise, which has more than 90 offices nationwide, has unveiled a new look for its lettings and estate agency...

15 December 2023

From: Breaking News

Data Predicts Bumper Christmas Lead Bonus For Agents Who Continue Marketing

Attention estate agents: if you're looking for a bumper Christmas bonus, then maintaining your marketing spend throughout December might just be...

24 November 2023

From: Sponsored Content

Interest Rate optimism fuelled by surprise improvement in inflation

There’s growing optimism that tomorrow’s Bank of England monetary policy committee meeting will see base rate held for another month -...

01 November 2023

From: Breaking News

Many want to go self-employed - but do the figures add up?

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

04 October 2023

From: Breaking News

New How To Rent Guide to be issued today

The Department of Levelling Up, Housing and Communities says a new How To Rent guide will be issued today, October 2. Letting...

02 October 2023

From: Breaking News

Agent Alert - new How to Rent guide coming soon

Rental sector organisations have been given an indication by the Department of Levelling Up, Housing and Communities that a new How...

15 September 2023

From: Breaking News

Fraud alert for fake properties issued by classified ad website

The classified ad website Gumtree is issuing an alert about what it claims is the growing threat of rental fraud. It says...

05 September 2023

From: Breaking News

Possession court delays to worsen thanks to new law - claim

The new Housing Loss Prevention Advice Service - introduced this month - will make possession court case delays even worse. That’s the...

25 August 2023

From: Breaking News

Fake Agents and Landlords - renters face fraud threats online

New figures suggest soaring numbers of tenants are at risk from criminals taking advantage of the tough rental market. Scammers place fake...

22 August 2023

From: Breaking News

 Law Society speaks out about Section 21 evictions

Housing legal aid is increasingly out of reach for tenants who need help, the Law Society of England and Wales claims.  Quarterly...

14 August 2023

From: Breaking News

Bank of England reveals latest interest rate decision

The Bank of England’s monetary policy committee has announced its decision on base rate. It will rise by 0.25 per cent to...

03 August 2023

From: Breaking News

Propertymark's legal plea to government - ‘be fair to rental sector’

Propertymark has issued another plea to the government to be fair to the private rental sector - this time regarding a...

03 August 2023

From: Breaking News

Legal concern over new aid for tenants in eviction cases

The Law Society is raising concerns over the effectiveness of a new support service aimed at tenants at risk of losing...

03 August 2023

From: Breaking News

Evictions set to take longer and cost more from today

The new Housing Loss Prevention Advice Service kicks in today - it offers early legal advice, free of charge, to anyone...

01 August 2023

From: Breaking News

Call for buy to let mortgage rules to be relaxed during crisis

A property industry commentator wants buy to let mortgage rules to be relaxed so that frustrated sellers can let out their...

12 July 2023

From: Breaking News

Tax Loopholes - government slammed over additional properties

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

05 July 2023

From: Breaking News

Values plummet in Canary Wharf as fears grow for rental sector

Canary Wharf was once seen as the future of London - now it’s the location that’s seen the greatest loss in...

04 July 2023

From: Breaking News

Fraudster agent must repay £123,000 or face more jail time

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

26 June 2023

From: Breaking News

Banned! Fraudster lettings agent jailed and cannot be a director

Trading Standards has stopped a lettings agency owner from being a company director after he defrauded customers by over £80,000. Francis Smart,...

19 June 2023

From: Breaking News

Gloss comes off prime central London lettings and sales markets

Prime London’s housing market lacks its usual seasonal spring bounce with prices flat and transactions down, admits property data consultancy LonRes. And...

19 May 2023

From: Breaking News

Buying agent reports landlords willing to sell at a loss

Jo Eccles, director of London-focussed buying agency and property consultancy Eccord, says she is witnessing some landlords willing to quit the...

03 April 2023

From: Breaking News

HMO clampdown spun as ‘preserving character of communities’

A clampdown on HMOs is to begin this week - and the council behind it is describing it as ‘preserving the...

21 March 2023

From: Breaking News

New EPC every three years, suggests accreditation scheme

Energy Performance Certificates must change to properly support reaching net zero, tackling fuel poverty and improving buildings, according to an energy...

02 March 2023

From: Breaking News

Lawyers warn of “huge gaps” in legal aid for evicted tenants

Large areas of the country  will remain without vital legal advice to prevent evictions if the government fails to persuade law...

14 February 2023

From: Breaking News

New Build To Rent firm says it’s helping reverse rental stock shortage

A new dedicated Build To Rent company, Adler Estates, has launched in the westcountry. It’s part of the Eagle One group of private property companies...

31 January 2023

From: Breaking News

Six agencies expelled by The Property Ombudsman

It’s been revealed that agents have been kicked out of The Property Ombudsman in recent months for failing to pay compensatory...

27 January 2023

From: Breaking News

Rival big-hitter agencies slug it out for lettings dominance

Two big-hitter agencies are slugging it out for lettings dominance in London, with both making announcements in a bid to cement...

27 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

Rents may have peaked - but that’s bad news, says Propertymark

The chief executive of Propertymark says latest data from letting agents suggests rent rises may have peaked - but that could...

19 December 2022

From: Breaking News

Agents and suppliers take centre stage at “colossal” conference

Propertymark pledges that an event being held next summer will be “colossal” - and will haver the likes of lettings agents...

16 December 2022

From: Breaking News

Rent controls forcing landlords to consider quitting - Propertymark

No fewer than 85 per cent of letting agents say that landlord clients have expressed a wish to sell up in...

14 December 2022

From: Breaking News

House price fall is “first sight of mini-Budget carnage” - claim

A financial expert says the latest house price index, showing the biggest monthly fall for over two years, is the “first...

02 December 2022

From: Breaking News

Campaigners claim dramatic rise in Section 21 evictions

Shelter claims government figures show 5,940 households were “threatened with homelessness” in England as a result of Section 21 evictions between April...

29 November 2022

From: Breaking News

More agents buy rent protection insurance as arrears worry grows

Data from different firms suggest there’s been an upsurge in the purchase of rent protection insurance by agents. Firstly Goodlord and Vouch...

24 November 2022

From: Breaking News

People ignorant of EPC ratings despite new rental regulations

With EPC ratings now a prominent part of letting a property, with stricter government regulations likely, new research suggests substantial numbers...

16 November 2022

From: Breaking News

Purplebricks rebel shareholders demand industry veteran takes charge

Rebel shareholders at Purplebricks want the current chairman to be replaced by industry veteran Harry Hill. Lecram Holdings Limited - which has...

10 November 2022

From: Breaking News

Big rise in buy to let companies - at least until tax increase

There’s been a big rise in the number of companies set up to hold buy to let, according to a survey...

24 October 2022

From: Breaking News

Massive spike in tenant demand set to make rent levels still higher

Propertymark’s latest rental market snapshot shows that since February, the number of new tenants wanting to register on agents’ books has increased...

20 October 2022

From: Breaking News

The insider threat – 5 ways PayProp secures your letting agency

According to the Association of Certified Fraud Examiners, organisations worldwide lose $4.7 trillion to fraud each year, with real estate suffering...

30 September 2022

From: Sponsored Content

Fixed term tenancies MUST stay, industry tells government

A team of experts has released a report that responds to government reform plans - and it insists that if Section...

27 September 2022

From: Breaking News

Lobby politicians to stop rent controls killing supply - agency chief

The Belvoir Group is warning that the housing crisis within the Scottish private rental sector is rapidly worsening, thanks to the...

22 September 2022

From: Breaking News

Agents given model Gas Safety Week guidance

Propertymark, the letting agents’ trade body, has issued this guidance for agents to pass to landlords. It coincides with Gas Safety Week,...

13 September 2022

From: Breaking News

Agents pay tribute to Her Majesty Queen Elizabeth II

* Angels Media and Letting Agent Today are deeply saddened by the passing of HM Queen Elizabeth II * - A statement from...

09 September 2022

From: Breaking News

Call for more due diligence after rogue letting agent jailed

Trading Standards is calling for more due diligence checks to be made following the jailing of a rogue letting agent for...

31 August 2022

From: Breaking News

Jailed! Another 34 months for agent already guilty of assault

A former lettings agent has been jailed for almost three years after admitting conning landlords out of over £80,000. The sentence for...

30 August 2022

From: Breaking News

Rent rises lag far behind inflation - new government figures

Rents have seen the highest jump since records began in 2016, according to the Office for National Statistics. It says UK-wide rents...

22 August 2022

From: Breaking News

Guilty letting agent who stole deposits now awaits sentence

A letting agent who stole over £80,000 from landlords is awaiting sentence. Frank Smart - owner of Smart Residential Letting Agents in...

15 August 2022

From: Breaking News

Connells ignores lettings in terse statement revealing revenue slump

Connells makes no reference about its lettings division in a terse statement about its business performance in the first half of...

08 August 2022

From: Breaking News

Purplebricks reveals cost of lettings error and slams poor marketing

Purplebricks has given its interpretation of how much its lettings sector compliance crisis has cost the company. Back in December the Daily...

02 August 2022

From: Breaking News

OnTheMarket links with Canopy to provide fee protection

OnTheMarket is launching a management fee protection product, developed with tenant referencing platform Canopy and insurance broker the Alan Boswell Group....

29 July 2022

From: Breaking News

Purplebricks lettings division losses to be revealed next week

The financial fall out from Purplebricks’ disastrous lettings compliance crisis is likely to be revealed next week. The troubled agency says it...

26 July 2022

From: Breaking News

Some buy to let investors get £800 capital appreciation PER DAY - claim

A high profile London lettings agency says some owners of properties in prime areas of the capital have seen capital appreciation...

21 July 2022

From: Breaking News

Guilty! Letting agents used violence to illegally evict tenants

A jury has ruled that a lettings agency has been guilty of illegally evicting tenants in Margate - with locks changed,...

20 July 2022

From: Breaking News

Property investment salesman predicts buy to let renaissance

The sales director of a property investment firm says high house prices, rising interest rates and the broader cost of living...

15 July 2022

From: Breaking News

Loss of Section 21 may not be catastrophe, trade body suggests

The small UK Association of Letting Agents trade body says that the government’s proposal to scrap Section 21 is grabbing headlines...

14 July 2022

From: Breaking News

Belvoir branch amongst raft of agencies kicked out of The Property Ombudsman

Six agencies have been excluded from The Property Ombudsman for failing to pay compensation to wronged complainants. One was the Belvoir...

13 July 2022

From: Breaking News

Beefed Up Property Details - industry bosses back call for Material Information

Senior figures in the agency industry have backed new guidance from the National Trading Standards Estate and Lettings Agent Team regarding...

13 July 2022

From: Breaking News

PropTech firm warns agents of possible legal action over negligence

A rogue tenant occupying a property for up to nine months and refusing to pay rent could cost a combined £10,000...

11 July 2022

From: Breaking News

Rents roar ahead of pre-pandemic levels in prime areas

Rental growth continues to roar ahead across prime areas of London, according to Savills. Prime London rental values increased a further 3.3...

07 July 2022

From: Breaking News

Referencing to suit your needs, from FCC Paragon

Since the Tenant Fees Act ban came into force, agents have been responsible for covering tenancy referencing costs, whether that’s by...

22 June 2022

From: Sponsored Content

Millions in tax lost through lettings loophole - claim

Local and central government is losing out on millions of pounds of council tax income this year because of the business...

30 May 2022

From: Breaking News

MP says Airbnb glut contributing to “devastation” of city

A Labour MP says a surge in the number of stag and hen parties in her constituency - undertaken by people...

16 May 2022

From: Breaking News

London lettings market rapidly reversing losses of the Covid years

Rental portal Rentd says the pandemic-long decline in the London rental market is now “reversing at speed”. Rental values are climbing annually...

18 March 2022

From: Breaking News

Buy To Let benefits quantified - thank goodness for capital appreciation

Agents tasked with persuading possible investors as to the benefit of buy to let have new ammunition, in the shape of...

03 March 2022

From: Breaking News

Buy To Let returns far better than ISAs, research shows

New research shows that despite tax and regulatory changes restricting buy to let returns, this remains a far healthier investment than...

23 February 2022

From: Breaking News

Most tenants uninsured and would pay for damage themselves

New research from insurance provider Paymentshield has found that over one in five UK tenants have experienced a negative property event...

17 February 2022

From: Breaking News

Shelter says eviction surge justifies scrapping Section 21

Campaigning charity Shelter says new government figures reveal an increasing number of renters are facing eviction.  And it warns that more renters are...

11 February 2022

From: Breaking News

Plea for tenants in arrears to contact their local council

A senior Welsh politicians has urged anyone who has fallen behind in paying rent because of the pandemic to contact their...

14 January 2022

From: Breaking News

Massive surge in Airbnb takes stock directly from mainstream rentals

A report prepared by housing experts in Manchester shows a massive surge in the number of Airbnbs in the city -...

23 December 2021

From: Breaking News

Reform tax, Beef up rogues database - Agents demand radical rental reforms

ARLA Propertymark has launched a radical programme of reform for the private rental sector - getting in before the government’s own...

15 December 2021

From: Breaking News

Deposit Alternative scheme chosen by letting agents’ trade group

The Guild of Property Professionals has entered into a partnership with one of the many deposit replacement services now available. It’s teamed...

15 December 2021

From: Breaking News

Propertymark forecasts the 2022 rental market and issues

Propertymark chief executive Nathan Emerson has given his prediction as to what the big issues will be in the 2022 lettings...

14 December 2021

From: Breaking News

Pets In Lets: Airbnb’s latest move to lure more long-term renters

Airbnb is now introducing pet insurance cover for its hosts as it continues attempts to win long-term renters away from the...

16 November 2021

From: Breaking News

Tenant fraud surges massively in Build To Rent sector

The Build to Rent sector is being targeted by criminals with a 364 per cent rise in fraudulent tenant applications in...

26 October 2021

From: Breaking News

MovePal MovePal MovePal