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KEYWORD "Pound" - 101 RESULTS
EPC targets won’t be met without more incentives - Nationwide

Rigorous government targets to improve EPC ratings in the private rental sector and the wider housing stock won’t be met without...

02 September 2024

From: Breaking News

Full Steam Ahead - figures point to a strong autumn market

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

02 September 2024

From: Breaking News

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

Rent up to £25,000 a week splashed out by super-rich tenants

Some of the richest people on the world, who use London as one of their bases, are choosing to rent rather...

28 August 2024

From: Breaking News

eXp UK claims to be over double size of next self-employed brand

eXp UK has passed the 600 agent milestone and now declares itself to be the leading platform for self employed agency. It...

28 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

Energy Costs - Renters in worst EPC homes could face £550 hike

With the energy price cap to rise by 10% from October, Rightmove reveals that this could mean an annual increase of...

27 August 2024

From: Breaking News

Warning to letting agents as new enforcement regime starts

A council has taken over powers for enforcement in the private rental sector - and it’s started off with a warning...

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

Short Lets to be hammered by nightly 5% ‘tourism tax’

Anyone renting an Airbnb or other short let property in Edinburgh from the summer of 2026 is likely to be hit...

23 August 2024

From: Breaking News

Agent’s alarm call to politicians - change course on rent controls

One of the UK’s most high profile lettings agents is calling on politicians to change course on rent controls. David Alexander of...

22 August 2024

From: Breaking News

High profile portals merge - what does this mean for agent fees?

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

21 August 2024

From: Breaking News

HMRC fines agents £1.6m for anti-money laundering breaches

It’s been revealed by Propertymark that HM Revenue & Customs has fined agents over £1.6m for branches of anti-money laundering regulations. The...

20 August 2024

From: Breaking News

Prospective tenants lose millions through rental scams

Consumer organisation Which? claims there are some 1,000 reports of rental fraud scams a month at this time of year. It says...

20 August 2024

From: Breaking News

Tax fears may drive landlords to sell this autumn, says agent

A regional agent says the fear of further taxes on the private rental sector may lead to a spurt of landlords...

20 August 2024

From: Breaking News

Agents slam politicians for new law allowing rent controls

Propertymark has come out with a strongly-worded statement accusing politicians in the Scottish Parliament of ignoring the industry’s views on rent...

20 August 2024

From: Breaking News

Regional property awards contested by 20 firms and professionals

More than 20 property organisations and professionals have been named as finalists in a regional agency awards event. The winners of six...

20 August 2024

From: Breaking News

Four buyers in the frame to pay £100m for Lomond - report

It’s being reported that Lomond Group, the chain of lettings agencies owned by a division of Lloyds Banking Group, is likely...

19 August 2024

From: Breaking News

PropTech platform to use AI in next upgrade, as fees rise

PropTech entrepreneur and lettings agent Kristjan Byfield is announcing an upgrade to his platform The Depositary, which will see its first...

19 August 2024

From: Breaking News

Prime London rental market sluggish with lets agreed dipping

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

19 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

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

Which rental properties will NEVER reach government EPC targets?

Hamptons lettings agency says it’s calculated what types of homes will be simply unable to be improved to reach the government...

13 August 2024

From: Breaking News

Finance chief says rent controls ‘not the answer to lettings crisis’

Kate Davies, executive director of the Intermediary Mortgage Lenders Association (IMLA), says rent controls are not the magic answer to problems...

12 August 2024

From: Breaking News

Agency foundation marks 10 years with huge fund-raising total

The Fine & Country Foundation says it’s reached almost £1m since its inception in 2014.  Jon Cooke, trustee of the foundation, says:...

12 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

Online lettings operation woos landlords with sub-£40 deal

A relaunched online lettings agency operation is offering lettings listings deals to landlords from £39.50. The little known Essex-based Griffin Property Co...

07 August 2024

From: Breaking News

Ban on Airbnb-style short lets lifted by multi-millionaire developer

Flats in a multi-millionaire developer’s prestigious shoreline scheme in Folkestone can, after all, be short-let following a U-turn by the property...

07 August 2024

From: Breaking News

Rightmove to lose 8% of lettings listings next month

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

07 August 2024

From: Breaking News

Landlord Events In A Box concept launched by lettings experts

Two long-standing experts in property have launched a service which they say will help letting agents retain and grow their client...

07 August 2024

From: Breaking News

Stricter EPC targets for private rental sector ‘must come with cash help’

Propertymark says stricter rules for EPC ratings in the private rental sector must be backed up with incentives and financial support. The...

06 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

Government to introduce ‘hardship test’ before eviction - press report

The new Labour government is to bring in so-called ‘hardship tests’ to make it tougher to evict tenants, a newspaper claims. The...

05 August 2024

From: Breaking News

Stealth Tax strikes property once again, claims financial expert

New figures show the average inheritance tax (IHT) bill in 2021/22  rose to a new high of £215,000.  The number of estates...

02 August 2024

From: Breaking News

Rents surge in all regions with one reporting 10% rise

The latest rental index from PropTech firm Goodlord shows record-breaking rises. William Reeve, chief executive of Goodlord, comments: “These July figures show...

02 August 2024

From: Breaking News

Longer tenancies dent lettings income for Foxtons - but it still looks strong

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

31 July 2024

From: Breaking News

Rightmove backs Labour efforts to turn renters into first time buyers

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

29 July 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

Rayner to unveil ‘dramatic’ Labour housing reforms tomorrow

Deputy prime Angela Rayner will tomorrow unveil a new National Planning Policy Framework in a move that will strengthen requirements for...

29 July 2024

From: Breaking News

John Lewis gets green light to build over 350 rental homes

The John Lewis Partnership has received the green light to transform its Waitrose site in Bromley into a new Build To...

29 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

Controversial ex-Housing Secretary to run for Conservative leader

Robert Jenrick, who was appointed Housing Secretary by Robert Jenrick in 2019, is to run for Tory party leader. During his time...

26 July 2024

From: Breaking News

Time to modernise deposit system, says family-owned agency

A lettings agent says ‘times are changing with deposits” and claims more landlords and tenants are choosing alternatives.  The comment by Paul...

26 July 2024

From: Breaking News

Lettings chain to raise £5,000 for children’s heart fund

A lettings and sales agency chain with 14 branches across the north east of England has committed to raising £5,000 in...

26 July 2024

From: Breaking News

Section 21: Only small proportion of renters evicted, official data shows

The latest edition of the English Housing Survey reveals precisely how relatively rarely Section 21 is used. Data from the survey analysed...

25 July 2024

From: Breaking News

Agency boss claims tenants miss holidays because of high rents

The boss of a rental flatshare agency claims tenants are sacrificing summer holidays because of high rents. Matt Hutchinson, director of the...

25 July 2024

From: Breaking News

Rightmove says big rise in rental supply still nothing like enough

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

23 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

Connells’ new index shows affordability crisis gripping renters

A new lettings market index has been launched by the Skipton Group, parent company of Connells, the country’s largest lettings and...

23 July 2024

From: Breaking News

Latest Build To Rent scheme is 20-storey block of flats

Planning permission has been given to the biggest-ever Build To Rent scheme in Milton Keynes. A company under the name PLATFORM_ has...

23 July 2024

From: Breaking News

Portal Fees Row: agents end boycott after agreeing new deal

A boycott of a major property portal has been called off after a settlement has been reached over fees. PropertyPal is the...

22 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

New senior lettings figures at high-end London business

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

19 July 2024

From: Breaking News

Housing Secretary move directly led to senior Labour resignation

The Housing Secretary in the Welsh Government, Julie James, was one of several ministers to quit in yesterday's dramatic day of...

17 July 2024

From: Breaking News

100+ Businesses have made this their next big thing!

B-hive Block Management Partners Celebrates Major Milestone With Over 100 Businesses Onboard! B-hive Block Management Partners, part of the Vegner Group, who...

16 July 2024

From: Sponsored Content

Rents fall in some areas but Connells enjoys lettings growth

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

16 July 2024

From: Breaking News

Prime London lettings markets boosted by summer surge

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

16 July 2024

From: Breaking News

Over 100 Build To Rent units coming from Barratt Homes

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

16 July 2024

From: Breaking News

Households will have to invest in Green technology - Carney

Former Bank of England governor Mark Carney is warning that homeowners, including those serving the private rental sector, will have to...

12 July 2024

From: Breaking News

Propertymark to lobby all new housing ministers

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

12 July 2024

From: Breaking News

Deposit alternative provider claims record first half of year

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

12 July 2024

From: Breaking News

Agency reveals head of fast-expanding super prime lettings office

Knight Frank has named Francesca Fox as Head of Super Prime Lettings in North London.  The agency says this newly created role...

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

Agency to use Private Equity cash to acquire rivals

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

05 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

High-value tenancies agreed in June were below asking rent - Knight Frank

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

04 July 2024

From: Breaking News

Rightmove says rents at record high, and challenges new government

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

03 July 2024

From: Breaking News

Lomond snaps up 2,000-unit lettings book

The major Scottish agency in the Lomond Group empire - DJ Alexander - has snapped up Sandstone Management and its lettings...

03 July 2024

From: Breaking News

Expect more rent rises in July following long-term trend

Rents in June 2024 rose by 6.7% year-on-year, according to the latest figures from the Goodlord Rental Index.  The Index, which analyses...

02 July 2024

From: Breaking News

Huge numbers of empty homes discovered as rental supply falls

An insurance firm’s analysis of official figures show there are now no fewer than 760,821 vacant properties in England, Scotland and...

02 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

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

Agency worried over Rayner scrapping Section 21 “on day one”

A lettings agency which has given broad support to the Renters Reform Bill now says it’s concerned that shadow housing Secretary...

01 July 2024

From: Breaking News

Hands Off Short Lets - long term empty homes are bigger problem

The embattled short let and holiday let industry has hit out at what it calls the “rampant hypocrisy” of councils when...

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

Lettings drives huge profits surge for 27-branch agency chain

London agency chain Dexters has reported a huge 23% rise in revenue to £181m - and much of that rise is...

26 June 2024

From: Breaking News

Rightmove: Rental EPCs must be improved with government help

A huge survey involving analysis of over 14,000 properties suggests an urgent need for the next government to help private rental...

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

Five agencies win ‘Let Of The Year’ awards

Property data consultancy LonRes has named five winners in its so-called ‘Let Of The Year’ awards. The London-focussed consultancy has revealed the...

25 June 2024

From: Breaking News

Bidding Wars - letting agents mostly to blame, says campaigner

A ban on so-called bidding wars, which Labour now proposes, would have to include letting agents as well as landlords a...

24 June 2024

From: Breaking News

HMO sales agency begins UK-wide roll out in four cities

HMO Sales Expert, a 2024 start-up, has launched a UK-wide partnership programme. It’s commenced with Plymouth, Doncaster, Leicester, and Peterborough, and later...

24 June 2024

From: Breaking News

Lloyd’s Bank private rental offshoot begins £13m city project

Work has started on yet another Build To Rent scheme - this time a £13m project in Nottingham. The project, on a...

24 June 2024

From: Breaking News

Lomond acquires well known south of England agency chain

Lomond has announced yet another acquisition, this time expanding its presence across the south coast with by snapping up Mishon Mackay. The...

21 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

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

Deposit Alternative service predicts student rental rush

Deposit alternative supplier flatfair says it’s seen a 30% year-on-year increase in No Deposit tenancies. It also claims 14% more landlords are...

20 June 2024

From: Breaking News

Rogue agency bosses fined after HMO licence controversy

Three directors from two letting agencies and a landlord have been fined £27,500 after failing to secure the appropriate license for...

19 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

Energy Performance Certificates slammed as “inaccurate”

Energy Performance Certificates can be riddled with inaccuracies and give unhelpful advice to property owners. That’s the view of consumer service Which? Which?...

18 June 2024

From: Breaking News

Renters Reform Bill flop allows lettings market to return to normal

An increase in property listings is helping to create a more normalised market which is a welcome relief to renters, landlords...

18 June 2024

From: Breaking News

Lomond continues aggressive growth strategy with new acquisition

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

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

Leasehold Reform Is Far From Over, Whoever Wins on July 4

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

17 June 2024

From: Breaking News

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