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KEYWORD "Rates" - 100 RESULTS
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

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

Labour bid to turn renters into owners will fail, warns finance firm

New Freedom of Information (FOI) data from the Financial Conduct Authority shows that Labour’s plan to introduce a ‘Freedom to Buy’...

22 August 2024

From: Breaking News

Your Move franchise network snaps up independent agency

The Your Move franchise network has expanded its reach through the acquisition of an independent agency. The Edward Rose Property Group -...

22 August 2024

From: Breaking News

Banned! Agency chief cannot let properties for three years

A council says it’s secured the first banning order in its area, securing a stop on a rogue letting agent renting...

21 August 2024

From: Breaking News

Family-run agency celebrates first stage of awards success

A family agency, At Home in Edinburgh, has been shortlisted for a major residential sector award. The agency, which has a team...

21 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

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

Investor-specialist agency launches 11th branch in new territory

Johns&Co, an agency specialising in property investment and asset management, is expanding into a new territory - Manchester. Since its establishment in...

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

Another lender slashes Buy To Let mortgage rates

Aldermore has cut rates across its buy to let and residential owner occupier mortgages - the latest in a series of...

14 August 2024

From: Breaking News

Ex-Knight Frank lettings bosses are new signings for Broker agency

Two new signings for the fast-growing Harding Green broker-model agency are both former lettings managers at Knight Frank. Milly Englander was formerly...

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

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

Ex-rental properties make up well over 10% of sales listings

A new analysis by Zoopla suggests and one in eight homes currently for sale were previously let out. The portal says this...

02 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

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

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

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

Lettings deals arranged during real-life coaching session

Actual lettings and sales clients were contacted during a training event led by a renowned property industry coach. Fine & Country hosted...

25 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

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

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

Bidding Wars not the problem - they’re just a symptom

A prominent lettings agent says banning agents and landlords conducting bidding wars for a rental property is not addressing the real...

19 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

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

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

Financial services supremo joins board of safeagent

An executive with four decades of experience in the insurance sector has joined the board of accreditation service safeagent as a...

12 July 2024

From: Breaking News

Agent appointed to manage company’s 14 lettings branches

Hamptons, one of the high-end brands owned by Connells, had appointed Graeme Young as regional lettings director.  Young assumes responsibility for 14-branches...

11 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

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

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

London sees sharp uplift in first-time buyer activity

This year has seen a two-decade high of 181,000 first time buyers secure their first foot on London’s housing ladder, marking...

28 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

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

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

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

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

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

Airbnb and Short Let Boom may be over says agency chief

A lettings agency director is suggesting the short lets boom may be over. Marc von Grundherr, director of Benham and Reeves, says...

19 June 2024

From: Breaking News

PropTech - Zoopla parent firm launches transaction platform

Houseful - the company which operates Zoopla amongst other industry brands - has launched Movemnt, which it describes as “a national...

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

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

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

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

We Can’t Pay More! Affordability crisis dents London lettings market

London’s rental market has weakened in recent months according to the fledgling online service Hello Neighbour. Rents are 1% down compared to...

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

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

Agency hails “transformational” merger with lettings giant

The Property Franchise Group, which calls itself the UK’s largest multi-brand property franchisor, says its merging with lettings giant Belvoir has...

10 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

Lloyds Bank rental property initiative signs PropTech deal

Citra Living, the Build To Rent offshoot of Lloyds Banking Group, continues with its growth strategy into the private rental sector. Citra...

04 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

Rental Eco-grants and first time buyer help - Rightmove’s Election Wishlist

Rightmove has produced five core demands on behalf of the rental sector, which it would like the next government to meet. These...

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

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

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

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

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

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

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

Most homes cheaper to rent than buy, even with large deposit

A third of homes currently for sale can be bought with a mortgage and monthly repayments that cost less than the...

20 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

PropTech: Agency launches custom-made AI-powered CRM system

An AI-powered Customer Relationship Management system tailored specifically for letting and estate agents has been launched by an individual agency.  Preston Baker...

17 May 2024

From: Breaking News

Want to save 25 minutes per transaction? PropTech link-up claims you can...

The Property Franchise Group is to roll out a partnership with PropTech firm Coadjute TPFG, the largest franchise estate agency group in...

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

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

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

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

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

Long-standing lettings agency snapped up by high-end boutique company

Boutique Knightsbridge estate agency Nicolas Van Patrick (NVP) has acquired Chelsea lettings and management company HLR. HLR was established in 1986, growing...

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

Self-employed agency provides analysis of industry recruitment pattern

An estate agency that promotes the self-employed model claims that three areas of the country lead when it comes to industry...

09 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

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

Agency urges second home owners to be Airbnb hosts for tax reasons

The head of a lettings agency in Kent says it would be a “practical solution” for second home owners to become...

02 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

Lloyds Banking Group rental project now has 2,000 properties

Citra Living, part of Lloyds Banking Group, is to bring more than 150 new family homes to the rental market in...

30 April 2024

From: Breaking News

ESTAS announce new PropTech headline partners for 2024

The ESTAS, the customer review and awards platform, has unveiled new headline partners for 2024. Reapit and PayProp will become the Headline...

29 April 2024

From: Breaking News

More tenants borrowing to fund deposits on next property - claim

The percentage of tenants borrowing money to fund their cash deposits on their next property has risen over the last 12...

25 April 2024

From: Breaking News

Rental market back to normal in Prime Central London says agency

The Prime Central London lettings market is returning to normality, a prominent agency says. JLL says average rents fell 1.4% between Q4...

25 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

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