Archive

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

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

HM Revenue & Customs has named 92 schemes which it says are involved in tax avoidance - and it admits this...

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

Propertymark says the new Labour leader in Wales, Baroness Eluned Morgan, should make an early stand against rent controls for the...

Some 51% of young first-time buyers are willing to consider so-called ‘non-traditional routes’ to move out of renting and onto the...

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

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

The resignation of Labour’s First Minister of Wales has raised alarm with Propertymark. Vaughan Gething quit yesterday after the Welsh Housing Secretary...

Propertymark says it’s contacting all the appropriate new ministers over the summer to trigger an engagement process so agents’ voices can...

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

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

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

Leasehold reform still has a long way to run, according to the Association of Leasehold Enfranchisement Practitioners (ALEP). The major party manifestos...

Reapit has launched a new feature to help agents comply with material information guidelines from the National Trading Standards Estate and...

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

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

Young people in London are taking on second jobs to get onto the property ladder, it’s claimed. Of the first-time buyers in...

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

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...

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

A pro-tenant group wants the next government to take Right To Buy properties back to public ownership when they come up...

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

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

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

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

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

A deposit alternative service claims the cost of rent has outpaced salary growth by 5.2% over the past 10 years, leaving...

Property management and facilities firm Pinnacle is to become the leading managing agent for Legal & General Affordable Homes. In recent weeks, the...

The founder of an agency which started life in a front room is handing the family firm over to her son...

For first time buyers, renting is cheaper than buying in most of the UK according to new data from the Halifax.  London, the...

England’s county councils want the next government to set out a long-term plan for housing, as a new report claims there’s...

A think tank is urging the UK government to consider tax perks for private renters to help them save faster for...

Two of Martin & Co’s Oxfordshire branches are under new ownership. David Rebe has taken on the Oxford and Thame branches from...

The new Labour leader in Wales, Vaughan Gething, has received an early shot across the bows from Propertymark. Gething was elected Welsh...

A survey from property portal Share to Buy suggests that over three quarters of buyers believe they cannot afford to purchase...

The PropTech sector has mostly agreed with the rest of the industry in its view on yesterday’s Budget - that it...

The letting agents’ trade body Propertymark has made the unexpected move of calling on banks to cut mortgage rates. Rates are typically...

A building society has launched a pilot project banning mortgage lending on holiday lets in two tourist areas for 12 months. Leeds...

Knight Frank has taken the unusual step of suggesting a government proposal for the housing market is high-risk and could even...

Propertymark says the regulation of property agents and the creation of a statutory Code of Practice can improve the transparency of...

Propertymark’s property auction division - NAVA - has given ringing endorsement to the Material Information changes demanded under new Trading Standards...

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

Winchester council is setting up its own agency to let and manage privately rented homes. Venta Living pledges to provide “high quality,...

Just under half of mortgage brokers expect to place more limited company buy-to-let business throughout the next 12 months, Paragon Bank...

Controversy surrounds a government idea - floated over the weekend - to allow renters to secure mortgages with just one per...

Property taxes in Scotland exceeded £600m over the last year according to analysis of the latest statistics by the country’s largest...

A mandatory short lets registration and licensing scheme is to be introduced in part of the UK, described as a system...

A series of lenders have slashed their buy to let mortgage rates in a bid to win business. These include: - LendInvest Mortgages...

Propertymark has stepped into the row over a bank chief’s comments on first time buyers. Sir Howard Davies, chairman of NatWest, responded...

A register launched to shed light on overseas property ownership in the UK now has over 30,000 registrations.  The Register of Overseas...

One of the UK’s leading lettings agents is bemoaning what he calls “the missed opportunity “ to help the rental sector...

Former housing minister Rachel Maclean - the victim of a shock sacking by Prime Minister Rishi Sunak last month - has...

The long-term shortage of rental accommodation is now addressed by a short-term clampdown on second homes and empty properties, a leading...

Propertymark has told politicians that an additional homes tax will not succeed in increasing housing supply. Timothy Douglas, head of policy and...

Connells has launched what it calls a “pioneering” Rent to Buy scheme to shift apartments in a 163-unit scheme. The agency likens...

Propertymark wants Housing Secretary Michael Gove to continue with ground rent reforms for leaseholders following the launch of a consultation into this...

David Wilson Homes has launched a scheme where prospective buyers who can muster a 2.5 per cent deposit can reserve a...

One prominent part of the Lomond agency empire is rebranding to fall in line with a larger higher-profile brand under the...

Less than a year since opening the sixth branch of sales and lettings agency Parkers, one of the brand’s most successful...

The government has changed the way shared ownership rents can be increased. This change will apply to the leases of new shared...

Propertymark has fired a broadside at Labour saying it must provide agents with a proper court system to handle evictions. Labour deputy leader...

A new manifesto calling for rent controls and a raft of other measures is accusing the current rent rises of being...

Midlands-based land and property company Sheldon Bosley Knight has made another lettings acquisition - its fifth in 2023. Leicestershire-based Andrew Granger &...

Hunters’ first ever franchised branch in the North Yorkshire town of Selby is under new ownership after 16 years. James Powell, who...

Young couples are delaying marriage and starting families until they get out of the rental sector, research by Yorkshire Building Society...

Financial support from family members - not just parents - is expected to help fund 318,400 housing transactions in 2023, according...

A series of new BTR schemes have been named by developers. In Coggeshall, north Essex, Vistry Group will deliver 36 homes, the...

A personal finance expert has revealed that a new group which he calls Guppies are reconciled to possibly renting forever. Alan Davison,...

New figures showing the growing size of first time buyer deposits suggest that many would-be purchasers will be staying with the...

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

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

After a decade of steady growth, the number of older renters is poised to increase rapidly over the next 10 years...

A lettings agency claims foreign homeowners are sitting on £84.2 billion worth of property across England and Wales - but with...

A new action plan to tackle issues around HMOs is being drawn up by a Midlands council next week. West Northamptonshire council’s...

Martin & Co’s Sheffield and Worksop branches are under new ownership, with training guru Dean Gill taking the reins. He succeeds previous...

Two animal charities - Cats Protection and Dogs Trust - have started recruiting MPs to their campaign in favour of pets...

The rental market is set to benefit from a surge in potential buyers putting their purchase plans on hold. Data from NerdWallet...

A prominent housing journalist says Labour should fund councils to buy homes directly from private landlords to rapidly increase the size...

In a surprise move, Housing Secretary Michael Gove has given the stand-in leader of activist group Generation Rent a prime role...

Renters are being offered a 100 per cent mortgage by the Skipton Building Society - the first time such a product...

Property portal Citylets says average rents in Scotland rose 12.4 per cent in the past year to £1,007 per month -...

New research from The Mortgage Lender reveals that 44 per cent of renters would like more cost-of-living support from the government. Specifically...

The cost of coastal homes in Britain more than doubled - rising 56 per cent - between 2012 and 2022 says...

Trade bodies have been trying to shore up investor confidence after the latest house price index, by the Nationwide, showing another...

An industry trade group claims inventories conducted by lettings agents may be seen as biased towards landlords rather than truly independent. Daniel...

The Bank of England has raised base rate by 0.25 per cent to 4.25 per cent - the highest level since...

A prominent lettings agent in the north of England has written to Housing Secretary Michael Gove urging him to cease attacking...

A council has prosecuted an agency and landlord for not producing the right paperwork. Luton local authority has prosecuted Poplar Homes Ltd...

The chief executive of Purplebricks, who eight weeks ago claimed to have “a plan to grow our lettings business”, is now...

One of the most controversial subjects affecting letting agents, tenants and landlords alike is back on the agenda. Two of the UK’s...

It appears likely that Rachel Maclean is set to become the sixth housing minister in 12 months, replacing Lucy Frazer. In the...

The political party propping up the Scottish Government says higher taxes on buy to lets will help the housing market be...

Keyzy, a rent-to-own service aimed at aspiring homeowners, has raised £3m in a seed funding round.  The proceeds will accelerate its purchases...

High end agency UK Sotheby’s International Realty - which has properties to let at up to an eye-watering cost of £80,000...

The way to solve the rental sector supply shortage is through Build To Rent, a leading agency claims.  Leaders Romans Group says...

Demographic data from the latest Census suggests that the Private Rental Sector now provides homes for 20.3 per cent of the...

One of the politicians backing a tax surcharge on the purchase of second homes and buy to lets has been put...

Over the last decade, the proportion of people aged 24 to 64 living in their own home has fallen and the...

Two members of Ellis & Co’s Mill Hill team have bought out the branch.  Ellis & Co Mill Hill’s Paul Glass has...