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Soaring first time buyer deposits likely to trigger more rental demand

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

08 August 2023

From: Breaking News

Another independent falls to fast-growing agency group

Leaders Romans Group has acquired small independent single-branch Rosedale Letting Specialists. The acquisition gives the group a new location in Lincolnshire, and...

08 August 2023

From: Breaking News

Business Goal: agency scores big with sponsorship deal

Agency group My Property Box is continuing its long-term partnership with Darlington FC as sleeve sponsors for the 2023/24 season. The Darlington-headquartered...

08 August 2023

From: Breaking News

Lloyds Bank announces latest private rental sector initiative

Details have been given of Lloyds Bank’s latest dive into the Build To Rent market. Its BTR arm, Citra, has acquired 49...

07 August 2023

From: Breaking News

Impossible? The housing target Gove and Sunak must hit

Research from a property developer suggests that the government needs to deliver an average of 67,500 new homes a quarter by...

07 August 2023

From: Breaking News

Four! Agency announces fourth lettings acquisition of 2023

Midlands-based agency Sheldon Bosley Knight has acquired its fourth business so far this year - and with it, hundreds of lettings...

07 August 2023

From: Breaking News

Rightmove to push its training service at Propertymark events

Rightmove is to provide agents with local market data and easier access to training at a series of Propertymark regional events. Rightmove...

07 August 2023

From: Breaking News

Phil Spencer - agents prepare for older tenants and landlords

TV property guru Phil Spencer is urging lettings agents to prepare for a surge in the number of older tenants and...

07 August 2023

From: Breaking News

Renters Reform Bill - Online course explains what it means

PropTech platform Goodlord has launched a one hour online course explaining the controversial Renters Reform Bill. The aim is to equip letting...

04 August 2023

From: Breaking News

Chaos! Lettings chief claims high rents show market not working

A letting platform says what it calls “the rental chaos” of the current market has now end in sight. New data from...

04 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

Agency beefs up lettings team ahead of Renters Reform Bill changes

Well known lettings agency Gascoigne Halman has seen the move of two letting agents to one of its branches. Heather Wynn and...

04 August 2023

From: Breaking News

Agency wins big corporate contract in Build To Rent niche

Manchester-based lettings agency Ascend Properties has consolidated its role in the single-family Build To Rent niche with its appointment by investment...

04 August 2023

From: Breaking News

Bank of England reveals latest interest rate decision

The Bank of England’s monetary policy committee has announced its decision on base rate. It will rise by 0.25 per cent to...

03 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

Propertymark's legal plea to government - ‘be fair to rental sector’

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

03 August 2023

From: Breaking News

Legal concern over new aid for tenants in eviction cases

The Law Society is raising concerns over the effectiveness of a new support service aimed at tenants at risk of losing...

03 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

Rightmove training blitz for agents via new Hub tool

Rightmove has launched a new tool to help agencies manage Rightmove training and make the most of the ever-growing range of...

03 August 2023

From: Breaking News

Energy Efficiency teach-in for agents happens tomorrow

Rightmove will host a webinar for agents tomorrow at 10:00am focused on tenergy efficiency, Energy Performance Certificates and greener homes. The portal...

02 August 2023

From: Breaking News

“Quite Staggering” Rent Rises Last Month - figures

July was a record breaking month for the rental market, claims a PropTech company. Goodlord analyses tens of thousands of completed tenancies...

02 August 2023

From: Breaking News

Labour Mayors want unlimited council tax on empty properties

London Labour Mayor Sadiq Khan is calling on the government to allow him to levy effectively uncapped council tax bills on...

02 August 2023

From: Breaking News

Brothers’ agency snaps up rival and on the prowl for more

Agency brothers Matt and Neil Baldock have completed the purchase of one of Chelmsford’s oldest letting agencies, First Choice.  The brothers will...

02 August 2023

From: Breaking News

Leading agency bosses to star in portal podcast for movers

Prominent figures from Foxtons and Chestertons are amongst the agency leaders featured on a new six-part podcast series from OnTheMarket.  Hosted by...

02 August 2023

From: Breaking News

Agents accused of “too good to be true” rent valuations

An online lettings platform is warning that some landlords are being give “too good to be true" promises of rent increases by...

01 August 2023

From: Breaking News

Airbnb “nightmare” as residents complain about short let parties

A planning committee meeting discussion on an application for 100 new apartments in Manchester turned into a forum for complaints about...

01 August 2023

From: Breaking News

Evictions set to take longer and cost more from today

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

01 August 2023

From: Breaking News

Long-standing agency snaps up rival independent

West Wales Home Rentals - part of an agency group set up three decades ago - has snapped up the property...

01 August 2023

From: Breaking News

Many older renters set to struggle according to new analysis

A retirement forecast suggests older renters may struggle as demographic and property market figures change over time. Scottish Widows’ annual retirement report,...

01 August 2023

From: Breaking News

Lawyers warn that Renters Reform Bill will reduce supply

A law firm says the Renters Reform Bill is driving buy to let investors to quit because of their fears over...

31 July 2023

From: Breaking News

Charity wants taxpayers money to help renters during crisis

Citizens Advice is calling on the government to provide an unspecified amount of assistance to renters during the current cost of...

31 July 2023

From: Breaking News

Agency builds HMO for Guaranteed Rent service

Elliot Leigh - an agency that is the largest guaranteed rent provider in London and Essex - has completed phase one...

31 July 2023

From: Breaking News

Build To Rent starts crash after strong earlier period

The number of completed Build to Rent homes in the UK has increased 13 per cent in the past year to...

31 July 2023

From: Breaking News

Council Tax premium 'not enough to return homes to rental sector'

Council tax premiums being considered in Wales would be insufficient to persuade short let and holiday home owners to move their...

31 July 2023

From: Breaking News

Stricter EPCs - Rightmove warns it could take DECADES to retrofit

A new analysis by Rightmove suggests it could take literally decades for the private rental sector to conform with stricter energy...

28 July 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

High end agency’s new lettings head has 20 years local experience

Savills has announced a new head of its lettings department in its Bishops Park office in Fulham. Christina McLean steps into the...

28 July 2023

From: Breaking News

Charity slams government over gap between rents and benefits

Crisis, the homelessness charity, has slammed the government over the growing gap between housing benefit levels and even the lower end...

28 July 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

Rishi Sunak hints at fundamental reform of EPC system

Prime Minister Rishi Sunak has thrown his weight behind Housing Secretary Michael Gove’s proposals to delay deadlines for EPC improvements in...

27 July 2023

From: Breaking News

Another agency inks PropTech deal to handle compliance issues

PropTech Kamma has entered into a partnership with agency and consultancy JLL. This means JLL’s UK residential agents will have access to...

27 July 2023

From: Breaking News

Treasury ponders different anti-money laundering systems

HM Treasury has published a consultation on reform of the anti-money laundering supervisory system, giving four options. Currently the supervisory system is...

27 July 2023

From: Breaking News

Agency woos high-end clients with refurbished new office

High profile regional lettings and sales agency Gascoigne Halman has unveiled a fresh new look at its Alderley Edge office. The agency...

27 July 2023

From: Breaking News

‘Inspiring’ franchisee takes control of his fourth branch

Belvoir franchisee Lloyd Rumbold has completed on the acquisition of Belvoir West Bridgford, adding a fourth franchise to his portfolio of...

27 July 2023

From: Breaking News

Shock Survey - Quarter of young tenants admit to sub-letting

One in eight tenants admit to letting out part or all of their rented property - and that rises to a...

26 July 2023

From: Breaking News

EPC targets threaten private rental sector if they are unchanged

Stricter proposals for energy efficiency under review by the government risk damaging the private rental sector if they remain unchanged. That’s the...

26 July 2023

From: Breaking News

Renters Reform Bill to cost letting agents millions - new analysis

The Renters Reform Bill will cost letting agents over £275m in the next decade as fewer landlords use their services. That’s the...

26 July 2023

From: Breaking News

Key lettings appointment at agency’s London office

High end lettings agency Knight Frank has appointed Andrew Twagira as head of lettings in its Aldgate office in London. Twagira joined...

26 July 2023

From: Breaking News

Agents tell Gove they’re disappointed with housing pledges

Propertymark has branded the plans by Housing Secretary Michael Gove to increase housebuilding “disappointing”. Nathan Emerson, Propertymark chief executive, says: “The UK...

26 July 2023

From: Breaking News

Airbnb Regulation - councils should control short lets, agents tell government

The letting agents’ trade body ARLA Propertymark is urging the government to regulate Airbnb and other short let platforms but to...

25 July 2023

From: Breaking News

Council “deluged” with complaints about private rental homes

Landlords of more than 5,000 homes must register for a license and ensure their tenants have good quality housing or face...

25 July 2023

From: Breaking News

Exponential growth on its way as agency takes over rival

A lettings firm’s takeover of an independent rival agency is the start of a period of “exponential growth” according to its...

25 July 2023

From: Breaking News

Agents warned: 7% interest rates for many months to come

A stark warning has been made to lettings and estate agents that interest rates as high as seven per cent may...

25 July 2023

From: Breaking News

Rebrand for corporate and leisure short lets company

Chester-based Residential Estates, established over 30 years ago, has been rebranded as Guestz.  The firm says it’s from a local lettings and...

25 July 2023

From: Breaking News

Airbnb fights back against Sadiq Khan’s call for clampdown

Airbnb has issued a statement responding to the call for a clampdown on short lets demanded by Labour’s outspoken London Mayor,...

24 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

New appointment beefs up lettings input to agency group

South East property group Beresfords has appointed Bernadette Barcham to its Board of Directors.  A statement from the firm says the move...

24 July 2023

From: Breaking News

Prime London rental market’s “remarkable growth” - agent’s data

The post-Covid prime lettings market in London has seen remarkable growth, an agency says. The latest data from Berkshire Hathaway HomeServices London...

24 July 2023

From: Breaking News

Student rental accommodation - key provider aims for growth

A prominent provider of student rental accommodation has appointed an international property consultancy to consider growth options. Study Inn Group has a...

24 July 2023

From: Breaking News

EPC changes to rental properties to be ‘relaxed’ - Gove

Housing Secretary Michael Gove has this morning said his government should ‘relax the pace’ of EPC reforms expected from private landlords. In...

23 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

Cannabis Farms - agents asked to smoke out culprits

Five regional police and crime commissioners have written to letting agents highlighting the problems of cannabis farms in private rental properties.  The...

21 July 2023

From: Breaking News

Average asking rents hit ANOTHER new high - Rightmove

Average asking rents for new tenants outside of London reach another new record this quarter of £1,231 per calendar month. That’s the...

21 July 2023

From: Breaking News

Agency celebrates quartet of qualified staff and ARLA members

Newcastle-based lettings agency Seekers has successfully qualified a further four members of staff and funded their membership of ARLA Propertymark. The four...

21 July 2023

From: Breaking News

Stock Drought - more evidence of shocking under-supply

A study by consumer intelligence service TwentyCi shows a continued severe under-supply of properties in the private rental sector.  It says that...

21 July 2023

From: Breaking News

High profile agency completes third acquisition of 2023

London-focussed lettings and sales agency Chestertons has announced its second acquisition in six weeks and third of the year, having snapped...

20 July 2023

From: Breaking News

Another interest rate rise likely - but might it be the last for now?

Most economic and housing analysts believe another base rate rise is on the cards for next month - but the sharp...

20 July 2023

From: Breaking News

Help Us! Dramatic plea from ARLA agents' boss to government

The latest market snapshot from ARLA Propertymark shows a familiar story for the lettings sector.  It says that in June the number...

20 July 2023

From: Breaking News

Strict Airbnb controls still on the agenda says politician

The Scottish Government does not intend to abandon its licensing scheme for Airbnbs and other short term lets, nor to delay...

20 July 2023

From: Breaking News

Spare Room sector remains tiny niche market - new figures

A new study claims to reveal what it calls “a significant disparity in the spare room rental market.”  The research shows that...

20 July 2023

From: Breaking News

Buy To Let mortgages worst hit by rate rises - new figures

Buy to let mortgages have seen the largest interest rate increase of any mortgage category according to new research. Barrows and Forrester...

19 July 2023

From: Breaking News

Fines for agents rise rise steeply as AML clampdown kicks in

The average Anti-Money Laundering fine issued to estate agents for non-compliance in 2022-23 is almost half as large again as in...

19 July 2023

From: Breaking News

Bank joins Shelter for Parliament stunt about Renters Reform Bill

The Co-Op Bank is joining forces with campaigning charity Shelter to argue against Section 21 evictions, and together they have organised...

19 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

Massive drop in lettings supply creates new rent rise record

The average rent on a newly let property in Britain rose to £1,273 pcm in June, a new record according to...

19 July 2023

From: Breaking News

Lettings law firm set up by well known industry suppliers

A trio of rent guarantee and referencing services are setting up their own law firm pitched at winning clients from the...

18 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

Rebranded Knight Frank team launch new lettings service

Yorkshire estate agency North Residential - led by ex-Knight Frank staff - has launched a new premium lettings service. A statement from...

18 July 2023

From: Breaking News

Game, Set and Coaching - Agency guru’s link with Roger Federer

Property Academy guru Peter Knight has made an unusual revelation in a new podcast - he’s told of his link to...

18 July 2023

From: Breaking News

Agency outraged at latest business rates proposal by government

Colliers, the agency and property consultancy, has issued another outspoken attack on government policy - this time prompted by a formal...

17 July 2023

From: Breaking News

Propertymark’s plan to curb economic crime in our industry

Propertymark has put forward a six-point plan to slash economic crime in the property sector. The trade body says a series of...

17 July 2023

From: Breaking News

Dramatic increase in pension-age renters coming soon

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

17 July 2023

From: Breaking News

Busy summer lettings season kicks off - soaring agency figures

Latest data from London-focussed lettings agency Chestertons confirms that the traditionally busy ‘summer season’ has kicked off. In June some 19 per...

17 July 2023

From: Breaking News

Crackdown on HMOs across large London borough

Buy to let investors who want to convert family homes into HMOs in Hounslow for three to six tenants will now...

17 July 2023

From: Breaking News

Agents told to lobby MPs over Renters Reform Bill

It appears almost certain that the Second Reading of the Renters Reform Bill - expected some weeks ago - will not...

14 July 2023

From: Breaking News

Shocking rise in numbers of landlords desperate to sell

A sales agency specialising in disposing of buy to let portfolios says it’s now received an averaged 240 enquires a month...

14 July 2023

From: Breaking News

Anti-Social Behaviour definition to widen to help agents, landlords

It appears that a “wider range of behaviours” are likely to be taken into account in future when tenants are considered...

14 July 2023

From: Breaking News

Figures lift lid on growing foreign investment in UK property

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

14 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

Lettings chief says market isn’t working “for anyone”

Rents continue to soar across the UK according to data released by flatshare website SpareRoom.  It says average UK room rents were...

13 July 2023

From: Breaking News

Letting agent hit with five figure fine for breaching HMO conditions

A landlord who is also the owner of a High Street lettings agency has been fined £17,293 for breaching housing licence...

13 July 2023

From: Breaking News

Shock at size of fall in landlord instructions

The results of the latest RICS UK Residential Survey, out today, point to a renewed worry about the housing market. The survey...

13 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

Another industry survey launched by PropTech supplier

PropTech firm Goodlord and its Vouch brand are again holding a so-called State of the Lettings Industry survey.   It’s now in...

13 July 2023

From: Breaking News

Call for buy to let mortgage rules to be relaxed during crisis

A property industry commentator wants buy to let mortgage rules to be relaxed so that frustrated sellers can let out their...

12 July 2023

From: Breaking News

New London office for agency with 4,800 units under management

A new office in the London suburb of North Acton has been announced by the LIFE Residential agency. The firm already has...

12 July 2023

From: Breaking News

Property company boss hit by big fine six years after offences

A property firm which admitted misleading tenants on their rights and threatening them to leave has been ordered to pay £8,000. Four...

12 July 2023

From: Breaking News

Holiday Homes - here’s where they are and what they’re worth

New research reveals that there is an estimated £21.4 billion worth of holiday homes in England and Wales with the South...

12 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

16 February 2016

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28 May 2015

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08 May 2015

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28 April 2015

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