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Top agency insists rental sector negativity is exaggerated

Leaders Romans Group claims the pessimistic mood which many say surrounds the private rental sector is exaggerated. It has surveyed its landlord...

31 October 2023

From: Breaking News

Agents want tax reforms on top of pledge to avoid rent controls

Propertymark has welcomed the pledge by Housing Secretary Michael Gove not to introduce rent controls in England. The trade body says such...

31 October 2023

From: Breaking News

Tenant sues lettings agent for failing to protect deposit

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

30 October 2023

From: Breaking News

Agency slams four councils for policies which directly hit rental supply

The lettings agency Winkworth has taken the unusual step of criticising policies of a series of councils. The councils are all Labour...

30 October 2023

From: Breaking News

Major agency rebrand as rental demand predicted to boom

One prominent part of the Lomond agency empire is rebranding to fall in line with a larger higher-profile brand under the...

30 October 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

Seventh branch opens for lettings and sales franchise trio

Less than a year since opening the sixth branch of sales and lettings agency Parkers, one of the brand’s most successful...

30 October 2023

From: Breaking News

Renters Reform Bill webinar to feature leading industry legal expert

A free webinar on the controversial Renters Reform Bill is to feature one of the industry’s top legal experts. David Smith is...

27 October 2023

From: Breaking News

Huge rent rises for Purpose Built Student Accommodation

Rents for student accommodation have increased by an average of 14.6 in two years and swallow up nearly all of the...

27 October 2023

From: Breaking News

Rental Supply Drought - cheaper sector of market is worst affected

The cheapest end of the rental market is under-supplied and overly competitive, a deposit alternative service claims. The provider - Zero Deposit...

27 October 2023

From: Breaking News

New survey to help politicians make rental policy

The Welsh Housing Minister has committed to a Housing Survey to assist its policies for the private rental sector. Propertymark has been...

27 October 2023

From: Breaking News

Shock figures claim to show scale of mould on rental properties

Some 48 per cent of tenants are currently living with one or more housing disrepair issues, it’s being claimed. The problems include...

27 October 2023

From: Breaking News

Council sets up own lettings agency to woo private landlords

A council has launched its own social lettings agency to work with private sector landlords in tackling the record numbers living...

26 October 2023

From: Breaking News

PropTech boss makes 22 amendments to Renters Reform Bill

A leading PropTech entrepreneur has written to MPs outlining detailed plans that he believes would ensure the controversial Renters Reform Bill...

26 October 2023

From: Breaking News

Agents demand payment changes in upcoming Autumn Statement

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

26 October 2023

From: Breaking News

Renters Reform Bill - lettings firm breaks ranks with industry

A lettings and property management platform has broken ranks with much of the industry over the Renters Reform Bill.  While most agents...

26 October 2023

From: Breaking News

Lomond snaps up another independent agency’s lettings book

Lomond has snapped up another lettings book - it’s of the Royston & Lund agency in the East Midlands. The 600 properties...

26 October 2023

From: Breaking News

No rent controls in England - government confirmation

Rent controls as currently in force in Scotland and under consideration in Wales will not be put into effect in England,...

25 October 2023

From: Breaking News

Older tenants need Renters Reform Bill insists pressure group

Older private renters must have their voices heard In support of the Renters Reform Bill. That’s the view of Joanna Elson, chief...

25 October 2023

From: Breaking News

London tenants pay high average deposits, claims supplier

One of the players in the controversial Deposit Alternative field is stepping up its case for this kind of service to...

25 October 2023

From: Breaking News

First-ever Women in Estate Agency Award at ESTAS

Five outstanding women were honoured at the first ESTAS Women in Estate Agency award, parts of the ESTAS. The five were Wendy...

25 October 2023

From: Breaking News

PropTech service claims to solve client account issues

PropTech supplier Lettspay has launched a new client account banking service for letting agents and property managers in partnership with Griffin...

25 October 2023

From: Breaking News

Renters Reform Bill passes Second Reading without a vote

MPs have given the Renters Reform Bill its Second Reading - a procedure which means it now continues into the Committee...

24 October 2023

From: Breaking News

Rental Reform activists claim huge public support for change

The Renters Reform Coalition - a collection of some 20 activist groups and charities demanding changes to the private rental sector...

24 October 2023

From: Breaking News

Radical EPC rating B target demanded by business consortium

A business consortium is calling for bold measures to encourage landlords and owner occupiers to retrofit their homes, with the introduction...

24 October 2023

From: Breaking News

Typical rental deposit shows big increase over just three months

The average cash deposit of five weeks rent rose by four per cent over the last quarter from £1,217 at the...

24 October 2023

From: Breaking News

Solicitor will answer agents’ questions on Renters Reform Bill

The latest stage of the Renters Reform Bill - and the likely delay in the abolition of Section 21 - will...

24 October 2023

From: Breaking News

Agents’ role must be enhanced by Renters Reform Bill

The government has been warned by trade body Propertymark that the controversial Renters Reform Bill must fairly reflect the importance of...

23 October 2023

From: Breaking News

Section 21 U-turn - more details given by government

More details have emerged of what appears to be a sort of stay of execution for Section 21 eviction powers. The abolition...

23 October 2023

From: Breaking News

New lettings director arrives from arch rival agency

Savills has appointed Marielle Papadopoullos as head of lettings in its key Hampstead office.  Papadopoullos, who joins as a director, has over...

23 October 2023

From: Breaking News

Agents attacked for getting “money for nothing” from landlords

An online lettings platform is attacking agents for their fees, which it describes as a “waste” of landlord funds. Hello Neighbour, a...

23 October 2023

From: Breaking News

Surprise as council praises local agents for ‘giving back’

Councils have become increasingly hostile towards agents in recent times, with increased regulation and licensing of the private rental sector in...

23 October 2023

From: Breaking News

Renters Reform Bill - government concession on Section 21

The government has pledged that section 21 repossessions will not be scrapped until improvements have been made to the way courts...

20 October 2023

From: Breaking News

Government may change rules governing Pooled Client Accounts

A government minister has pledged to act on the threat to lettings agents posed by banks acting against pooled client accounts. Many...

20 October 2023

From: Breaking News

Major boost for buy to let mortgage range

There’s been a significant increase in the buy to let mortgage product range according to analysis by independent service Moneyfacts.  A year...

20 October 2023

From: Breaking News

Stock Exchange Award for high-flying agency group

The Belvoir franchise giant has scooped a London Stock Exchange award for business, environmental, governance and social issues. It’s won the Best...

20 October 2023

From: Breaking News

Politicians want to take ‘harder line’ with rogue agents

Harlow council says it wants to take a harder line against agents and landlords who knowingly let unsafe and substandard properties...

20 October 2023

From: Breaking News

Propertymark fees remaining the same in 2024

Trade body Propertymark says fees will remain unchanged next year.  “We’d like to thank all our members for their continued commitment to...

20 October 2023

From: Breaking News

Reapit’s new PropTech deal pledges to cut through licensing red tape

Reapit has inked a deal with fast-expanding PropTech service Kamma to automate information about private rental sector council licensing. This year is...

19 October 2023

From: Breaking News

Agency claims landlords not quitting rental sector in droves

A lettings agency - Leaders Romans Group - claims that landlords are not quitting the private rental sector in droves after...

19 October 2023

From: Breaking News

Renters Reform Bill will slash homelessness, claims charity

A charity claims the Renters Reform Bill, which gets its Second Reading in the Commons next week, will help reduce homelessness. New...

19 October 2023

From: Breaking News

Rate Rise Fears return after “bad news” inflation figure

There are growing fears of yet another Bank of England base rate rise next month following the surprise inflation figure released...

19 October 2023

From: Breaking News

Close link between rental and sales markets says prominent index

The latest edition of the Home housing index shows Conti suing close links between both the lettings and sales markets. The Home...

19 October 2023

From: Breaking News

Mortgage shock pushes agents into seeking government help for landlords

Propertymark has urged the government to tackle rising landlord costs immediately.The warning comes as new research suggests that landlords are spending...

18 October 2023

From: Breaking News

Renters Reform Bill - government announces next steps

The Renters Reform Bill is to get its long awaited Second Reading on Monday, October 23. The claim comes from today’s Financial...

18 October 2023

From: Breaking News

Chief executive takes credit for Foxtons dramatic turnaround

The chief executive of Foxtons, who has been in the job exactly one year, now claims the company has enjoyed “incredible...

18 October 2023

From: Breaking News

Rent Control threat - agents warn politicians not to meddle with market

Propertymark has issued a statement warning politicians not to introduce rent controls by the backdoor through processes which tinker with the...

18 October 2023

From: Breaking News

It’s a record! Sixth office opened by ambitious franchise owner

Belvoir has expanded its presence in Scotland following the opening of a brand-new office in Kirkcaldy.  The branch is the sixth Belvoir...

18 October 2023

From: Breaking News

New Rental Listings Portal designed to by-pass letting agents

A new rental property listings platform - called Krispyhouse - can completely by-pass letting agents. It describes itself as a ‘dating service’...

17 October 2023

From: Breaking News

Prominent agent demands wider reform of eviction rules

A prominent lettings agent has called for a wider reform of eviction rules. This follows a demand by a group of...

17 October 2023

From: Breaking News

Some landlords cutting rents as tenant demand eases at last

London-focused agency Chestertons says it’s enjoyed a record month for lettings. This was driven by increasing demand for short-term rentals from business...

17 October 2023

From: Breaking News

Annual Rental Growth still in double figures, reports leading agency

Annual rental growth across remained in double-digits during September, with the average cost of a new let up 11.7 per cent...

17 October 2023

From: Breaking News

Homes For Ukraine - government faces hard decisions on scheme future

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

17 October 2023

From: Breaking News

Mortgage Crisis forcing rental sector to contract further - Hamptons

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

16 October 2023

From: Breaking News

New boss for controversial John Lewis private rental initiative

A new director of property has been named by the John Lewis Partnership, to lead its controversial Build To Rent initiative. Martin...

16 October 2023

From: Breaking News

Rightmove data chief to update agents on rental market latest

Propertymark’s regional conferences are now in full swing with the next event at the Canterbury Cathedral Lodge in Kent on  November...

16 October 2023

From: Breaking News

Rent control changes introduced for shared ownership homes

The government has changed the way shared ownership rents can be increased. This change will apply to the leases of new shared...

16 October 2023

From: Breaking News

Agents urged to find buyers for landlords who want to sell up

A lettings industry mentor has issued a plea to agents to do more to protect their landlords’ livelihoods. Sally Lawson, founder of...

16 October 2023

From: Breaking News

Buy To Let has grown massively in recent years - new statistics

Government data shows that as of 2022 some 15.29 per cent of homes in England are privately rented, with 14.9 per...

13 October 2023

From: Breaking News

Build To Rent ‘may get favourable treatment’ on rent legislation

A controversial consultation document about rent controls is proposing that Build To Rent operators be exempt from the caps which may...

13 October 2023

From: Breaking News

London expansion for agency network after acquiring independent

A long-standing Martin & Co franchisee is expanding his network of London offices following an independent agency acquisition. Michael van de Vyver, who...

13 October 2023

From: Breaking News

Public optimistic about housing market despite feeling worse off

UK consumers feel worse off than a year ago, but remain relatively optimistic about the property . That’s the conclusion of a...

13 October 2023

From: Breaking News

Agents warn of time bomb after lettings agency report

Propertymark has urged the government to take the potential Help to Buy ‘timebomb’ seriously. The news comes as London lettings agent Benham...

13 October 2023

From: Breaking News

RICS warns that rents are to go still higher as demand soars

The latest lettings market survey by the Royal Institution of Chartered Surveyors shows rental demand continuing to rise.  A net balance of...

12 October 2023

From: Breaking News

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

Growth slows in Prime London rental markets

Prime London rents are still rising - but that growth is slowing, says Knight Frank. And the number of new prospective tenants...

12 October 2023

From: Breaking News

Propertymark Backs Radical New Property Tribunal System

Propertymark has backed the idea of a new property tribunal system for Wales to simplify court processes. The proposal merges nine current...

12 October 2023

From: Breaking News

Agents in desperate homes plea to Sunak

Propertymark has called on the government to reintroduce the Empty Homes Programme following the latest news that England has a growing...

12 October 2023

From: Breaking News

Airbnb may offer long-term rentals, not just short lets

Airbnb’s global chief executive has suggested that the short lets platform may handle longer term rentals in future. Brian Chesky, in an...

11 October 2023

From: Breaking News

Agency on the acquisition trail after snapping up independent

A Bristol estate agent has hit the acquisition trail, snapping up a local independent. Bristol Property Centre Estate Agents, which is situated...

11 October 2023

From: Breaking News

Who cares about Build To Rent? Not MPs by the looks of it….

A PR exercise has discovered that 89 per cent of UK MPs would not give priority to Build-to-Rent schemes in their...

11 October 2023

From: Breaking News

Millions invested in education project for agents and tenants

Five councils are delivering what they call “a ground-breaking project” aimed at improving the experience and environment for landlords and tenants...

11 October 2023

From: Breaking News

Revealed - the best yields for investors near universities

Landlords wanting to make a healthy return from their investment should target student properties in the North of England and Scotland,...

11 October 2023

From: Breaking News

Rayner’s Section 21 Reform must not kill private rental sector - warning

Propertymark has fired a broadside at Labour saying it must provide agents with a proper court system to handle evictions. Labour deputy leader...

10 October 2023

From: Breaking News

Agency fined for bullying tenants it wanted to illegally evict

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

10 October 2023

From: Breaking News

Agency group signs big deal with landlords association

The Leaders Romans Group of lettings agencies has signed a deal with the National Residential Landlords Association. LRG will become the NRLA’s...

10 October 2023

From: Breaking News

Independent agency snapped up by local franchise office

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

10 October 2023

From: Breaking News

Husband and wife triple their lettings business overnight

Husband-and-wife team John and Shirley Ounsworth have completed on the acquisition of Osprey Lettings. The couple - who run a Northwood franchise...

10 October 2023

From: Breaking News

Pooled Client Accounts - Government admits problem with banks

It looks as if the government is accepting that there is a problem with how banks treat Pooled Client Accounts -...

09 October 2023

From: Breaking News

Labour should champion lettings agent regulation - Propertymark

Propertymark has urged Labour to licence letting agents under its plans to ‘fundamentally reform the private rented sector’. The trade body also...

09 October 2023

From: Breaking News

Rayner slams Tory rental “failures” but light on Labour policy details

Labour deputy leader and shadow housing secretary Angela Rayner has given her party’s conference an outline of future policy plans. She says:...

09 October 2023

From: Breaking News

Seminar for Letting Agents ahead of major benefits shake-up

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

09 October 2023

From: Breaking News

Market Showing - prime rental growth starting to moderate

Rental growth in prime regional markets has started to slow, following runaway growth over the past three years. That’s the view from...

09 October 2023

From: Breaking News

Letting agents accused of “profiteering” rent rises

A new manifesto calling for rent controls and a raft of other measures is accusing the current rent rises of being...

06 October 2023

From: Breaking News

Rent Control proposals slammed by prominent industry commentator

Proposals for rent controls made in a government consultation document have been slammed by a prominent industry commentator and PropTech entrepreneur. The...

06 October 2023

From: Breaking News

Cash investors snap up prime London flats from fleeing landlords

Prime London markets are proving more resilient to rising interest rates than their mainstream equivalents, says Savills. Prices in prime central London...

06 October 2023

From: Breaking News

Pressure from High Demand As Intense As Ever - new stats

Rent levels and voids held steady over the past month with strong demand keeping annual price growth at nearly eight per...

06 October 2023

From: Breaking News

Parents and Pet Owners Pay More for Renting - claim

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

06 October 2023

From: Breaking News

Agents overwhelmed by enquiries for every available property

Letting agents are currently managing 25 email and phone enquiries on average for every property they have to let across Britain,...

05 October 2023

From: Breaking News

Where Rents Have Risen 41% in Five Years

Tenants in Bristol are paying 41 per cent more for a rental property than they did just five years ago, it...

05 October 2023

From: Breaking News

Agency makes fifth lettings acquisition of the year

Midlands-based land and property company Sheldon Bosley Knight has made another lettings acquisition - its fifth in 2023. Leicestershire-based Andrew Granger &...

05 October 2023

From: Breaking News

Lettings service set up in franchise giant’s original office

Hunters’ first ever franchised branch in the North Yorkshire town of Selby is under new ownership after 16 years. James Powell, who...

05 October 2023

From: Breaking News

PropTech App claims to onboard tenants and manage tenancies

Lendlord, a platform for the property investment space, has launched a Tenants App to streamline the way renters communicate with agents...

05 October 2023

From: Breaking News

Leading agent angry over licensing lack of communications

A high profile lettings agent has written to his local council seeking information about an Additional Licensing scheme which has expired...

04 October 2023

From: Breaking News

Many want to go self-employed - but do the figures add up?

At a time when the agency industry is being wooed by new self employed business models, a new survey suggests most...

04 October 2023

From: Breaking News

Surprise move by Propertymark, welcoming house price fall

Propertymark has cautiously welcomed the Nationwide’s house price index showing a 5.3 per cent fall in the year to September. It says...

04 October 2023

From: Breaking News

Agents call for root and branch housing court reform

Propertymark says it hopes that a Welsh Government White Paper proposing that nine devolved housing tribunals are consolidated into a single...

04 October 2023

From: Breaking News

Industry first for agency winning OFSTED support for staff training

London lettings and sales agency Dexters is the first in the UK to gain OFSTED accreditation for its training. Its academy offers...

04 October 2023

From: Breaking News

Agent Reports Tenants In Tears as Landlords Quit Sector

Local media in one of Britain’s busiest cities for rentals says tenants have been left in tears as a result of...

03 October 2023

From: Breaking News

Rent Rises Even Higher Than Expected - agency revises forecast

A leading lettings agency and property consultancy has revealed that it anticipate stronger-than-expected rental growth this year and next in prime...

03 October 2023

From: Breaking News

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