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KEYWORD "PAID " - 100 RESULTS
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

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

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

Trusted lettings manager stole £30,000 from company

A court has heard that a trusted lettings manager was discovered to have been diverting company funds to her personal bank...

29 July 2024

From: Breaking News

Double digit annual rent rises still happening in some areas

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

23 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

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

Agency that Refurbs and offers Guaranteed Rent is expanding

A lettings agency that works by giving a fixed rental income to its landlord clients each month, and paying for the...

27 June 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

Soaring Council Tax Arrears prompts call for new bailiff rules

Outstanding council tax arrears have soared according to new government figures. Data from he Department for Levelling Up, Housing and Communities shows...

21 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

Deposit Alternative firm joins Propertymark suppliers list

A deposit alternative service has been added to Propertymark’s industry supplier list. Tenants can purchase a Zero Deposit Guarantee from £7.50 upwards...

13 June 2024

From: Breaking News

Shock rise in compensation paid by letting agents last year

The Property Ombudsman received a record number of enquiries with 57,635 people seeking support with their property and housing related issues...

10 June 2024

From: Breaking News

Would Tories’ Stamp Duty Policy really turn renters into buyers?

Over the weekend the Conservatives pledged that if elected on July 4 they would permanently scrap stamp duty for first time...

10 June 2024

From: Breaking News

Rogue lettings agency fined again for failing to secure tenancy deposits

A lettings agency trading as Bowden Property Group Ltd has been fined £4,000 and £1,470 for failing to protect two tenancy...

29 May 2024

From: Breaking News

Tenants Renewing on Existing Contracts hit with high rent rises - new data

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

21 May 2024

From: Breaking News

What about Rental Reform? Labour puts issue on the back burner

Despite once claiming it would abolish Section 21 evictions “on its first day in office”, Labour appears to have gone cool...

17 May 2024

From: Breaking News

Banned - rogue agents disqualified for abusing Covid loan scheme

The husband-and-wife directors of a Cornish lettings and estate agency have been disqualified from being company directors for a combined 12...

15 May 2024

From: Breaking News

Guilty! - Fraudster letting agents duped landlords and tenants

Two London agents who traded fraudulently through their lettings business and scammed victims out of over £24,000 have been sentenced. After a...

13 May 2024

From: Breaking News

Labour must come clean on Business Rates, says agency

A prominent agent campaigning for business tax reform is urging Labour to come clean on its policies for business rates and...

03 May 2024

From: Breaking News

PropTech tool will help eviction process under Renters Reform Bill changes

A new communications log feature has been introduced by a PropTech supplier which allegedly makes it easier to gather evidence for...

25 April 2024

From: Breaking News

Backing for Ground Rent Cap being announced this week

An amendment is expected to be made by the government to its Leasehold and Freehold Reform Bill. The Bill, put forward by...

23 April 2024

From: Breaking News

Looking for a client account? Five steps to better lettings banking

You don’t have to simply accept things as they are when it comes to managing your client accounts. If your bank...

19 April 2024

From: Sponsored Content

Agency has not paid Fixed Penalty Notice in dispute over deposit

A statement from a city council claims that a property company failed to attend court in a case of deposit protection,...

19 April 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

PropTech: Foxtons to extend digital lettings service into sales

Foxtons says it wants to extend what it calls its “full digitisation of the lettings journey” to its sales side, as...

15 April 2024

From: Breaking News

Renting cheaper than owning for most first time buyers says Halifax

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

27 March 2024

From: Breaking News

Expelled! Agency kicked out by Ombudsman for just £1,100

A lettings agency has been expelled from The Property Ombudsman scheme following itsfailure to pay £1,100 out of an adjudicated award...

26 March 2024

From: Breaking News

Agent demands end of bizarre rule making tenants pay stamp duty

A prominent lettings agent is calling for an end to what he calls the “archaic” system under which some tenants end...

22 March 2024

From: Breaking News

Give tax perks to renters to help them buy, urges think-tank

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

20 March 2024

From: Breaking News

Leasehold Reform Bill wins a big thumbs-up from agents’ body

Propertymark has urged the Sunak government to press ahead with leasehold reform ahead of the Second Reading of the Leasehold and...

19 March 2024

From: Breaking News

Agency to manage getting empty homes into private rental sector

Owners of vacant properties are being offered an improved incentive to bring their house back into use. Plymouth council is re-launching its...

14 March 2024

From: Breaking News

HMRC rakes in hundreds of millions more in property-related tax

HM Treasury raked in £6.3 billion in inheritance tax receipts in the 10 months from April 2023 to January 2024 according...

23 February 2024

From: Breaking News

Ukrainians given visa extension - likely impact on private rental sector

Ukrainians who came to the UK following the Russian invasion will be able to apply for 18-month extensions to their visas,...

19 February 2024

From: Breaking News

Stamp Duty slump is a pre-Budget blow for Chancellor

Stamp duty receipts dipped four per cent to £2.4 billion in Q3 of last year - no less than 25 per...

01 February 2024

From: Breaking News

Huge rise in property tax for HMRC ahead of possible Budget change

Figures released by HMRC show that the Treasury raked in £5.7 billion in inheritance tax receipts in the nine months from...

24 January 2024

From: Breaking News

Faster payments make happier landlords

Let's be honest – landlords are the lifeblood of any letting agency. Winning and keeping their business keeps the wheels turning...

19 January 2024

From: Sponsored Content

Shock figure reveals tax burden paid by private rental sector

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

17 January 2024

From: Breaking News

Top agent slams latest rent control move as costly and complex

New rent control proposals put forward by politicians are unnecessary and too costly according to a leading property expert.  David Alexander -...

12 January 2024

From: Breaking News

Tenants Scammed - new guidelines for agents to give renters

Propertymark is telling member agents to be aware of potential risks and help educate tenants to lookout for common scams, especially...

04 January 2024

From: Breaking News

Short lets tax change this week just the first of many in 2024

Airbnb and other short let platforms are from this week required to send data on their clients’ earnings to HMRC. And a...

03 January 2024

From: Breaking News

Tax Grab - Big rise in Inheritance Tax paid to HMRC

The latest figures from HM Revenue and Customs show that inheritance tax receipts increased to £5.2 billion in the eight months...

28 December 2023

From: Breaking News

2023 goes down as the year of record rents

London has seen the strongest rental growth over the last year according to an analysis by lettings agency Hamptons.   The average rent...

27 December 2023

From: Breaking News

Covid Fraud - property company bosses given suspended sentences

Two property company bosses have been sentenced following an Insolvency Service investigation which found they had abused a £30,000 Bounce Back...

20 December 2023

From: Breaking News

Rents soar as new demographics change face of renting in Britain

The total amount of rent paid by tenants in Great Britain this year will hit £85.6 billion - over twice the...

12 December 2023

From: Breaking News

Letting Agent Thief sentenced after stealing over £128,000

A thieving lettings agent stole over £128,000 which should have gone to landlord clients - and with it she funded an...

07 December 2023

From: Breaking News

Rent Protection feature launched for agents and landlords

PropTech specialist Vouch has launched a Rent Protection feature, designed to help landlords access cover to mitigate the risk of unpaid rent. The feature...

30 November 2023

From: Breaking News

Industry first as agency gives time off for fertility treatment

Leaders Romans Group has launched a new benefit which supports employees undergoing fertility treatment. The benefit allows staff time off (unpaid for...

27 November 2023

From: Breaking News

Big rise in tax receipts as Chancellor ponders Autumn Statement

Inheritance Tax totalled £4.6 billion for the HM Treasury between April and October - that’s £500,000 up on the same period...

22 November 2023

From: Breaking News

Latest rent rise is seven year high according to official figures

The Office for National Statistics official government lettings index shows that private rental prices paid by tenants in the UK increased...

17 November 2023

From: Breaking News

New ‘Rent Then Buy’ scheme aims to woo tenants into ownership

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

02 November 2023

From: Breaking News

Tenant sues lettings agent for failing to protect deposit

A tenant is reported to have sued a lettings agency after its alleged failure to return his £375 deposit. The Get Surrey...

30 October 2023

From: Breaking News

Agents demand payment changes in upcoming Autumn Statement

Propertymark is urging the government to use next month’s Autumn Statement to support low-income households in the private rented sector in...

26 October 2023

From: Breaking News

Homes For Ukraine - government faces hard decisions on scheme future

The National Audit Office says the government will soon have to take hard decisions on the future for the Homes For...

17 October 2023

From: Breaking News

Mortgage Crisis forcing rental sector to contract further - Hamptons

Landlords in the UK are paying 40 per cent more mortgage interest than in August 2022, forcing more of them to...

16 October 2023

From: Breaking News

Agency fined for bullying tenants it wanted to illegally evict

Media reports in Brighton say that a lettings agency which serve tenants with illegal eviction notices and unjustified legal threats has...

10 October 2023

From: Breaking News

Independent agency snapped up by local franchise office

An independent agency managing 115 lettings units has been snapped up its local Belvoir franchise. Tim Hughes, owner of Belvoir Newbury, has...

10 October 2023

From: Breaking News

Seminar for Letting Agents ahead of major benefits shake-up

Social housing provider Caridon Property is hosting a series of free seminars to prepare letting agents for the migration of Housing...

09 October 2023

From: Breaking News

Parents and Pet Owners Pay More for Renting - claim

Parents and pet owners are paying as much as £460 per month more for rent and bills, it’s claimed. The claim comes...

06 October 2023

From: Breaking News

Landlords’ and tenants’ money lost in agency administration

Thousands of pounds of landlords’ money may be lost as a result of the administration of high-profile London lettings agency Douglas...

02 October 2023

From: Breaking News

Underpaid and Undervalued - agents unhappy with their lot

New research shows that the majority of letting agents believe they are not paid sufficiently for their work. Research from the Goodlord...

26 September 2023

From: Breaking News

Marketing partnership for digital services supplier

A website and digital services supplier has partnered with a social media marketing firm. Property Webmasters is working with flow to provide...

26 September 2023

From: Breaking News

Westminster wants to tax short let tenants

Westminster’s Labour controlled council is stepping up its war on Airbnbs and other short lets. It was a mandatory registration system for...

25 September 2023

From: Breaking News

Renters Reform Bill attacked by another legal expert

Millions of UK landlords will be adversely affected by the Renters Reform Bill, a solicitor warns - the latest law expert...

10 August 2023

From: Breaking News

Not Good Enough! Property Ombudsman criticises private rental quality

New figures released this morning from The Property Ombudsman show that the overwhelming number of disputes in the past year involved...

03 August 2023

From: Breaking News

Latest rate rise ‘could light a rocket under UK housing market’

The US central bank has raised interest rates to the highest level in 22 years - even though inflation in that...

28 July 2023

From: Breaking News

Kicked Out! Redress scheme expels five rogue agencies

The Property Redress Scheme has released its latest list of expelled agents - mostly for rental misdemeanours and/or failure to pay...

24 July 2023

From: Breaking News

Legal warning over Renters Reform Bill impact on market

The looming threat of the abolition of Section 21 is already impacting the rental market, a legal firm is warning.  Dutton Gregory’s...

21 July 2023

From: Breaking News

Threat of pets in lets shows need for inventories - claim

The increasing likelihood that the private rental sector will be obliged to allow more pets into lets simply demonstrates the need...

19 July 2023

From: Breaking News

Big rise in affluent tenants needing to provide guarantors

Increasing numbers of relatively well-paid tenants are being asked to provide a guarantor. That’s the view of PropTech firm Goodlord which says...

18 July 2023

From: Breaking News

Opinion: What price and salary structure is best for our industry?

Finances have never been more stretched in the UK, with almost every bill and expense soaring for employees and employers alike,...

18 July 2023

From: Breaking News

Virtual auctions rule the roost as pandemic trend now permanent

The vast majority of auctions - widely regarded as a favourite for buy to let investors acquiring properties - are now...

14 July 2023

From: Breaking News

Renters Reform Bill - would a General Election make it or break it?

The head of a consultancy that handles lettings agency acquisition has given her views on what a General Election might mean...

07 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

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

Automated admin makes property maintenance easy with PayProp

PayProp is known for its award-winning rental payment platform, which combines bank-integrated client accounting with automation to save letting agencies time...

29 June 2023

From: Sponsored Content

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

Big rise in service charges for flats triggered by fire precautions

New research from lettings agency Hamptons shows that since 2018, average service charges for flats across England and Wales have increased...

26 June 2023

From: Breaking News

Council chief slams holiday lets 'tax subsidy' scheme

A Liberal Democrat council leader says all properties - even those in properly established lettings businesses - should be charged council...

15 June 2023

From: Breaking News

Big drop in new renters as young adults stay with Mum and Dad

Rising rents mean the share of young people leaving the family home and moving into rented accommodation has plunged, says Hamptons...

12 June 2023

From: Breaking News

Plunging pound means good deals for high rolling foreign tenants

High end lettings agency Aston Chase has let a house modelled on Windsor Castle for the princely sum of £247,000 per...

06 June 2023

From: Breaking News

Agency launches invitation-only property investment portal

Online lettings agency Hortons has launched an Investors Club search portal, aimed at property investors and developers. The agency describes this as...

05 June 2023

From: Breaking News

Average rents pass four-figure milestone as stock shortage goes on

Strong rental growth pushed the average monthly rent on a newly let property outside London up to £1,002 pcm in April,...

19 May 2023

From: Breaking News

Agency boss who pledged lettings surge resigns after failure

A chief executive who pledged to beef up her agency’s lettings division - but failed to do so - is leaving...

18 May 2023

From: Breaking News

Politicians told to do more to help tenants on benefits

Propertymark has told a group of MPs that many benefit recipients are excluded from the private rented sector due to the...

15 May 2023

From: Breaking News

How to write the perfect blog to attract more vendors and landlords

As an estate or letting agent, you may already know that having a strong online presence is crucial for success in...

12 May 2023

From: Marketing & Social Media

Labour to allow councils to limit new build sales to first time buyers

A newspaper says Labour is seeking to woo renter voters by allowing councils to restrict new build homes to first time...

11 May 2023

From: Breaking News

Details emerge of 100% mortgage aimed at renters

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

09 May 2023

From: Breaking News

Renters Reform Bill - everything we know so far

Housing Secretary Michael Gove says the long-awaited Renters Reform Bill, first promised in 2019, will finally be introduced into Parliament this...

09 May 2023

From: Breaking News

Expelled! Rogue agents expelled from Property Redress Scheme

The Property Redress Scheme, one of two government-approved redress services, has produced a list of recently-expelled agencies. All agencies must be a...

26 April 2023

From: Breaking News

5 regular checks to keep any rental portfolio in tip-top shape

Any lettings portfolio should receive ongoing care and maintenance. A disorganised portfolio, weighed down by junk data, loose ends or lax...

24 April 2023

From: Sponsored Content

Fraud - agency maintenance chief steals almost £100,000

A lettings agency maintenance manager stole almost £100,000 from her company - but has escaped prison. Farida Mughal was working at the...

19 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

String of dodgy letting agents expelled by Ombudsman

Several lettings agents have been expelled from The Property Ombudsman scheme; they are amongst eight named as having been kicked out...

06 April 2023

From: Breaking News

OnTheMarket website service launched with slew of optional extras

OnTheMarket Software - part of the OnTheMarket Group - has launched what it claims is “an innovative new product providing website...

24 February 2023

From: Breaking News

Property chiefs increasingly optimistic about 2023 market

There’s a slowly growing optimism amongst property industry figures that the 2023 housing market will be relatively pain-free and not seeing...

23 February 2023

From: Breaking News

Lettings manager guilty of fraud - but how much did she take?

A former lettings manager has pleaded guilty to defrauding her agency employers for almost five years - but there’s uncertainty over...

13 February 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

Not Enough! Six per cent rent rise cap is too harsh, agents warn

The U-turn by politicians in Scotland who ended a complete rent freeze doesn’t go far enough, says Propertymark. At the end of...

24 January 2023

From: Breaking News

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