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KEYWORD "Trading" - 101 RESULTS
New rental laws under the spotlight as agents hit the road

Propertymark is inviting letting agents to find out more about the latest legislative changes at one of its upcoming regional conferences.   As...

23 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

Material Information - Propertymark renews call for agent feedback

Propertymark has renewed its call for agent comments on Material Information.  The trade body - in collaboration with TDS, The Guild of...

12 August 2024

From: Breaking News

Connells says: “No sign of landlords quitting buy to let sector”

In a statement which appears to go against the trend of much of the lettings sector, Connells says it sees no...

05 August 2024

From: Breaking News

Material Information consultation launches - YOUR views wanted!

Propertymark is today launching a consultation exercise, seeking the views of lettings and sales agents - amongst others - about Material Information...

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 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

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

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

Lettings agency regulation demanded by PropTech leader

Regulation of lettings and estate agencies must be a priority for the government elected tomorrow, a PropTech entrepreneur demands. Sián Hemming-Metcalfe of...

04 July 2024

From: Breaking News

Material Information - PropTech tool launched to help agents

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

14 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

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

Get the Rent To Rent house in order, demands Propertymark

Propertymark has come out in support of the National Trading Standards Estate and Lettings Agency Team’s probe into Rent-to-Rent.    NTSELAT has...

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

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

Rightmove Money-Making Machine set to hike agent fees again

Number one portal Rightmove has upgraded growth expectations in its latest statement to shareholders - and is again growing its average...

13 May 2024

From: Breaking News

Half of Tenants 'get stuck' if letting agents fail to solve problems

Half of all private renters would not know where to turn to if a letting agent failed to address a problem...

30 April 2024

From: Breaking News

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

Agents Tell Politicians - Stop Arguing and Repair Private Renting

Political parties should stop bickering and instead work together to improve the private rental sector. That’s the view of the Lettings industry...

17 April 2024

From: Breaking News

Trading Standards tells agents - Material Information is key so get on with it!

A representative of the National Trading Standards Estate and Letting Agents team has told agents to accept new rules about material...

11 April 2024

From: Breaking News

Agents tell Land Registry to be more accessible (and cheaper)

Propertymark wants HM Land Registry to provide more accessible and affordable services to its members.  HMLR launched a consultation last month as...

10 April 2024

From: Breaking News

Agents warned: Don’t be Left Behind when Regulation Comes In

Propertymark is urging agents to get ahead of the curve and be ready for the next big initiative - Regulation.  Propertymark has...

02 April 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

Material Information - new digital tool aims to help letting agents

The Open Property Data Association has released a new version of its property data standards framework to help letting agents comply...

25 March 2024

From: Breaking News

Gove accused of dragging his feet over agent regulation

The all-party House of Lords Industry and Regulators Committee has urged the government to get on with establishing a regulator of...

22 March 2024

From: Breaking News

Heating Private Rental Properties - council claims EPC success

The number of private tenants in properties that are hard to heat has fallen, a council claims. As agents will know private...

06 February 2024

From: Breaking News

Propertymark’s ringing endorsement for Material Information changes

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

05 February 2024

From: Breaking News

Foxtons heavily reliant on lettings to stay in the black

Foxtons’ unaudited end-of-year trading statement makes no bones about it - the lettings division saved the agency’s bacon in 2023. It suffered...

26 January 2024

From: Breaking News

Labour’s backdoor bid to regulate lettings and estate agents at last

Labour is using a Bill currently going through Parliament as a backdoor method to introduce the regulation of lettings, estate and...

19 January 2024

From: Breaking News

Rebrand for one of lettings industry’s best known suppliers

One of the lettings sector’s longest-standing suppliers - Mortgages for Business - is rebranding. It’s to be known as Mortgage Finance Brokers,...

18 January 2024

From: Breaking News

Trading Standards giving agents free teach-in on Material Information

Propertymark is hosting an Understanding Material Information for Lettings Agents on Thursday January 18 from 1230 to 1400. The National Trading Standards...

16 January 2024

From: Breaking News

Rental growth to decline this year warns muted Winkworth

Winkworth’s first trading statement of 2024 reveals that it saw a five per cent rise in rental revenues in 2023 -...

11 January 2024

From: Breaking News

Agency failed to return vacant possession of rental property to landlord

A London lettings agency has been expelled from The Property Ombudsman for not paying compensation to a landlord following a failure...

14 December 2023

From: Breaking News

Prime lettings market now near normal says Knight Frank

There were 3.7 new prospective tenants for every rental property listed in prime London postcodes last month says Knight Frank. The figure,...

14 December 2023

From: Breaking News

How investing in a CRM is the best way to NTS compliance

I think we can all agree that the National Trading Standards Material Information reforms are a good thing for the property...

06 December 2023

From: Sponsored Content

Propertymark details 2024 #morefor24  regional programme

Propertymark has outlined an extensive regional programme for next year. It’s going to hold 19 regional events under the #morefor24 campaign slogan. The...

04 December 2023

From: Breaking News

Trading Standards reveal details of new Material Information requirements

Parts B and C of the process to improve material information disclosure in property listings are published today within comprehensive new guidance...

30 November 2023

From: Breaking News

Rightmove shares rise as it takes even more money from agents

Property portal Rightmove has increased its key revenue target in a bullish set of results which shows it has not been...

28 November 2023

From: Breaking News

Trading Standards links with Rightmove for CPR training for agents

Rightmove has teamed up with the National Trading Standards Estate and Letting Agency Team to create a new course on compliance...

24 November 2023

From: Breaking News

Foxtons Up For Sale? Shareholders put board under pressure

The board of Foxtons is under pressure from a minority of shareholders to put the agency group up for sale, according...

20 November 2023

From: Breaking News

Letting agents back enhanced Material Information requirements

An overwhelming number of letting and sales agents back the idea of more so-called Material Information on property details.  That’s according to...

06 November 2023

From: Breaking News

Foxtons figures fly for lettings, falter for sales

Not for the first time this year, a trading update from London-focussed agency Foxtons has shown that lettings is leading the...

30 October 2023

From: Breaking News

Client money accounting made easy with PayProp

A client account is essential to your lettings business, but the rules and regulations you need to follow to keep this...

26 October 2023

From: Sponsored Content

High profile city agency rebrands following end of licensing deal

Long established property business Newton Letting is rebranding as Rosevale Letting, following the conclusion of a licensing period. Former Newton employee, Riccardo...

12 October 2023

From: Breaking News

Agency switches from residential despite strong lettings showing

Latest market data from LSL Property Services - which includes the Your Move and Reeds Rain brands - shows a 10...

28 September 2023

From: Breaking News

Agency group bucks the market thanks to turbocharged lettings

The Property Franchise Group has reported a bumper half year of trading with revenue at £13.2m and pre-tax profits up 11...

13 September 2023

From: Breaking News

Scams expert joins board of The Property Ombudsman

The Head of the National Trading Standards Scams Team is one of two new non-executive directors at The Property Ombudsman. Louise Baxter...

12 September 2023

From: Breaking News

Winkworth slump would be still worse without lettings growth

Lettings income has saved the bacon of franchise agency Winkworth after a sales slump hit profits.  A trading statement from the agency...

07 September 2023

From: Breaking News

Many councils enforcing rental regulations face ‘effective bankruptcy’

A survey of local authorities in some of the poorest areas of the country - bodies which enforce many private rental...

06 September 2023

From: Breaking News

Resilient business model is key to agency group’s ongoing success

The apparent rise and rise of Belvoir Group is down to its resilient business model and the entrepreneurs who run its...

05 September 2023

From: Breaking News

Airbnb supply 'slashed 80% by new controls' - report bombshell

A report being considered by a council says one of the UK’s biggest cities could see an 80 per cent collapse in...

24 August 2023

From: Breaking News

Agents welcome Trading Standards “clarity” on lettings terminology

Propertymark has welcomed what it calls the “clarity” given to advertising terminology following the publication of new guidelines from the National...

17 August 2023

From: Breaking News

Agent Alert - Trading Standards new guidance on To Let wording

The National Trading Standards Estate and Lettings Agency Team has issued new guidance on terminology used in property advertising - particularly lettings. The...

16 August 2023

From: Breaking News

Rogue agency expelled from Ombudsman but still trading illegally

A rogue lettings agency in London has been expelled from The Property Ombudsman scheme but is still thought to be trading. Hawks...

10 August 2023

From: Breaking News

Praise for self-employed and entrepreneurial franchise teams

The head of one of the country’s highest profile franchise agency empires says the self-employed ethos of some advisers and entrepreneurial...

04 August 2023

From: Breaking News

Lettings boom helps franchise brands offset sales falls

Increased lettings income proved a valuable balance to a declining sales market for The Property Franchise Group in the first half...

03 August 2023

From: Breaking News

Lettings division proves its worth in agency's big turnaround

A strong lettings division has allowed Foxtons to record strong growth in its latest trading statement, despite the challenging sales market. The...

28 July 2023

From: Breaking News

Lettings the only bright spot as agency chain issues profits warning

The directors of Winkworth are warning shareholders of a challenging period thanks to higher and faster-raising interest rates - with only...

13 July 2023

From: Breaking News

Agency and council work together on unlikely safety campaign

After numerous stories of councils and letting agencies at each others’ throats over To Let boards, Trading Standards and other controversies,...

12 July 2023

From: Breaking News

OnTheMarket warns on downside of frantic lets market

OnTheMarket says the frantic lettings market of the past year or more is bad news for agents. In a trading statement to...

11 July 2023

From: Breaking News

Six agencies fined thousands for not protecting client money

Six letting agencies across the London borough of Haringey have been fined a total of £12,000 after a council clampdown. Trading Standards...

21 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

Big increase in ‘good EPC’ buy to let mortgage borrowing

One of the biggest lenders in the rental space - Paragon Bank - recorded a 19 per cent increase in buy...

07 June 2023

From: Breaking News

Agency chain pledges higher profits following franchise switch

LSL Property Services - owner of the Reeds Rains and Your Move brands - says it’s movement of agency branches to...

26 May 2023

From: Breaking News

Franchise giant on the prowl for more lettings acquisitions

A trading statement from Belvoir reveals that the franchise giant is on the look out for “good quality complimentary acquisitions”. A strong...

22 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

Purplebricks nears collapse as sale falters and money runs low

Purplebricks has given its most pessimistic trading update yet, admitting its effects to find a buyer are tanking and its financial...

10 May 2023

From: Breaking News

Fake Reviews - online platforms plagued by bogus comments

Platforms like Facebook are infiltrated by fake review factories, despite the imminent publication of a new Bill which will look to make...

26 April 2023

From: Breaking News

Winkworth posts weak results despite robust lettings market

Winkworth has told its shareholders that the weak figures posted for 2022 are actually in line with management expectations. The franchise giant...

20 April 2023

From: Breaking News

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

Lettings fees give agency remarkable 26 years of profit growth

Belvoir has released another set of upbeat financial figures marking 26 successive years of profit growth. Group revenue increased 14 per cent...

28 March 2023

From: Breaking News

Trading Standards warning after big fine imposed on agency

Trading Standards is reminding letting agents of their legal obligation to protect money they are holding on behalf of a client...

10 March 2023

From: Breaking News

Property investment chief falsely claimed Bounce Back Loan

The head of a property investment firm has been disqualified from being a director for 12 years following the discovery that...

10 March 2023

From: Breaking News

Foxtons relying on lettings for revenue as brand is reshaped

Foxtons’ latest trading statement suggests that it’s heavily reliant on lettings revenue as the sales market stutters and the whole company...

08 March 2023

From: Breaking News

Rightmove “driving the digitisation of the rental journey”

Rightmove says it’s helping to digitise the rental processes, making the process less fragmented and frustrating for agents.  In its trading statement...

06 March 2023

From: Breaking News

Lettings growth is bright spot for agency after big profits fall

Pre-tax profits for Connells Group have plummeted from £111.3m in 2021 to £67.5m last year - but its lettings division has...

02 March 2023

From: Breaking News

Are Trading Standards officers checking your agency’s website?

Trading Standards officers check for agents’ compliance by scrutinising their websites, it’s being claimed. Agents are being warned to ensure their websites...

20 February 2023

From: Breaking News

Purplebricks lettings division to be slashed as agency's failure deepens

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

20 February 2023

From: Breaking News

Agents Warned: hefty fines if firms found to be non-compliant

A PropTech expert is warning that letting agents can expect hefty fines if they fail to comply with complex Client Money...

16 February 2023

From: Breaking News

Lettings in the spotlight as current and future regulations hit the headlines

We’re only in February and it’s already clear that this year will set the future direction of the private rented sector...

15 February 2023

From: Features

Hybrid agency aims to have 200 UK territories this year

Hybrid agency EweMove has expanded its brand presence into 189 territories across the UK according to its parent company, The Property...

01 February 2023

From: Breaking News

Disastrous Truss Budget still hurting market says leading lettings agency

Belvoir Group is continuing its long term success record but warns that the Liz Truss mini-Budget is still having a detrimental...

01 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

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

Rogue agent jailed after ordering staff to make false claims

The head of a Martin & Co office in Wolverhampton has been jailed over fraudulent activity. A court heard that Bhavander Singh...

16 January 2023

From: Breaking News

Fake letting agencies created to avoid identifying landlord

A landlord has pleaded guilty to four offences which involved the creation of fake letting agencies in order to help him...

13 January 2023

From: Breaking News

High end market stronger than expected, agency tells investors

A statement to shareholders by the Savills lettings and estate agency admits that it under-estimated how strong the high end prime...

13 January 2023

From: Breaking News

Agency group pledges six new branches despite lettings slowing

There will be up to six new branches opened this year for the franchise brand Winkworth. The agency made its announcement in...

12 January 2023

From: Breaking News

Auditors to visit branches in person to assess agency compliance

Propertymark auditors are offering in-person visits to branches to improve their compliance.  The trade body says this is in response to demand from...

20 December 2022

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

Claims against Purplebricks for lettings problems could exceed £5m

Purplebricks has detailed the price it is paying for a lettings compliance blunder first spotted last year. It predicts that, at worst,...

08 December 2022

From: Breaking News

Media accuse agents of mis-selling deposit alternative schemes

The Observer newspaper has investigated the way letting agents apply so-called zero deposit schemes - and claims that in some cases...

05 December 2022

From: Breaking News

Purplebricks to reveal trading figures and lettings future

Purplebricks is to reveal its latest trading figures next week in a crucial test for the turnaround strategy of new chief...

02 December 2022

From: Breaking News

Lettings save the bacon for agency group facing challenging market

Lettings income for LSL Property Services increased two per cent in the past year - at just the time the company...

28 November 2022

From: Breaking News

Lettings key to financial success of London franchise giant

A short trading statement from Stock Market-listed London agency chain Winkworth shows just how vital the lettings sector is to its...

23 November 2022

From: Breaking News

Agent Alert - City Trading Standards team begins clampdown

A council’s Trading Standards team is warning letting agents of a new clampdown on compliance failures. Stoke-on-Trent Trading Standards says it’s received...

09 November 2022

From: Breaking News

Quirky lettings service will not accept rent in return for property

A bizarre lettings start-up has launched - and isn’t taking rent in return for property.  KindRoom instead offers itself as a platform...

08 November 2022

From: Breaking News

Material Information - utility data can help agents meet Trading Standards call

Utility technology platform Muuvo says the information it accesses can help agents meet the enhanced ‘material information’ requirements which Trading Standards...

03 November 2022

From: Breaking News

“Landmark” CMP ruling sees huge fine for lettings agency

Trading Standards is describing a penalty imposed on a London letting agent as “a landmark” after the company failed to comply...

02 November 2022

From: Breaking News

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