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Here is today’s Breaking News from Letting Agent Today. Join the debate by leaving a comment below a story - you will need to be logged-in to do this.

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 Airbnb-style short let hosts to...

Masterclass aims to help agents dominate local markets

Fine & Country says it’s staging so-called Masterclass sessions with experts creating strategies “to help agents dominate the prime property market in their respective regions” while...

Rent rises moderating as market stabilises ahead of summer

The latest Rental Index from Goodlord reveals that rents are now up by 5.7% over the year.  The price per property over the last month was £1,166....

PropTech partnership promises lead generation for lettings agents

The ValPal Network has partnered with agency software provider Street.co .uk. This will facilitate the integration of Street’s CRM with TVPN’s lead generation and nurturing system, MovePal. The...

Specialist accommodation listings service recruits extra staff

Student accommodation listings service StuRents has added three new hires as it expands. Chris Glen is the new head of customer success. He has over 20 years’...

Agents urged to understand key tenancy agreement differences

A call has gone out from an industry group for letting agents to be sure they know the distinctions between statutory and contractual tenancy agreements which...

Ground Rents defended by investors’ group

The ongoing debate over ground rents within Government is rapidly becoming a Parliamentary farce that could soon lead to an economic and legal disaster.  This is according...

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 in financial losses to local...

Rental demand to stay strong as first time buyers struggle

Startling regional differences are acting as barriers to those looking to step onto the property ladder for the first time, according to Coventry for intermediaries’ first...

Shelter demands “overhaul” of Renters Reform Bill

Campaigning charity Shelter is demanding an overhaul of the Renters Reform Bill, which will shortly begin its passage through the House of Lords. Having originally been a...

Rent Controls - we’re unlikely to follow Scotland, says housing chief

The Housing Secretary in Wales says that nation is unlikely to follow the example of Scotland by introducing rent controls. At a Welsh Parliament public enquiry into...

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 Gloucestershire. Citra, which owns and operates...

50,000 new rental homes needed to meet historic demand - Rightmove

Rightmove says there are still nearly 50,000 rental properties needed to head back to the pre-pandemic level of rental supply. The latest market stats show that the...

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 in a property. That’s according to...

Housing Minister to address agents ahead of General Election

Housing minister Lee Rowley will be taking centre stage at the largest property agency conference in the UK this summer, Propertymark One. He is one of a...

Banned - Agency cannot let homes for four years; put on rogues’ database

A council has placed a Banning Order on a lettings agency operating unlicensed Houses in Multiple Occupation. Trophy Homes Ltd was hit with the order by Liverpool...

Under half of homes listed to let are actually available - industry figure’s claim

A controversial rental sector figure claims over half of the properties listed to let are actually available for a tenant to move in. Sam Reynolds, chief executive...

Franchise chain launches campaign for new recruits

Winkworth has appointed an ex-Chestertons and ex-Strutt and Parker industry figure to recruit new offices to the agency’s network. Chris Brand, who has the title of Franchising...

Political Chaos is perfect time to ditch rent controls - housing bodies

The political chaos in Scotland presents sensible politicians with an ideal chance to resent housing policies and ditch rent controls. That’s the view of housing bodies which...

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 Partners of ESTAS with immediate...

Renters Reform Bill “still misses the mark” says Propertymark

Propertymark says the controversial Renters Reform Bill still misses the mark, despite a string of amendments made to it as it left the House of Commons...

Tax Alert - Agents can urge landlord clients to take part in pilot scheme

HMRC has launched a pilot for the proposed Making Tax Digital service for quarterly reporting - and agents can sign up their landlord clients, with consent,...

Toxic attitude to Private Renting may now change, hopes lettings chief

A prominent lettings agency operator says he hopes the “toxic” attitude to the private rental sector by the Scottish Government may now change. David Alexander, the chief...

Renters Reform Bill - groups still lobbying for further changes

A coalition of higher education and student housing organisations have called on the government to make further changes to the Renters Reform Bill to safeguard student...

Build To Rent claims it already conforms with Reform Bill ideals

A trade body representing Build To Rent operators claims that the sector “already accommodates the Bill’s proposals” in terms of tenants’ rights. The Association for Rental Living...

Gove hits back at critics after Renters Reform Bill wins key vote

Michael Gove’s Department of Levelling Up, Housing and Communities hit back overnight at critics of the government’s Renters Reform Bill. The Bill - in heavily amended form...

PropTech tool will help eviction process under Renters Reform Bill changes

A new communications log feature has been introduced by a PropTech supplier which allegedly makes it easier to gather evidence for arrears cases. It’s come from automated...

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 months. That’s the claim by Reposit,...

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 2023 and Q1 2024, bringing...

Agents proud of the industry…not so keen on the system

Some 83% of estate agents are proud of their profession, says a new survey. The poll of 1,728 estate agents, commissioned by GetAgent, found that 69% of...

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 buyers are continuing to save...

Extraordinary 200 amendments to Renters Reform Bill in Commons today

There’s a huge number of amendments to the Renters Reform Bill, which has its Third Reading in the House of Commons today. The less contentious ones are...

Propertymark not giving up on the Regulation of Property Agents

Propertymark says it will continue lobbying government for the implementation of the Regulation of Property Agents - even though the government has ruled this out. In a...

Foxtons’ internal lettings data shows market returning to normal

Data from in-the-news agency Foxtons reveals rental applicant demand has increased 9% from February, yet is now still 14% lower year on year. The agency says that...

New Holiday Lets booking system rivals hotels, says supplier

PropTech firm Pikl is launching an insurance-backed cancellation product specifically for holiday lets that will enable operators to offer the same or similar cancellation policies to...

Propertymark guide helps tenants complain and challenge rent rises

A new guide from Propertymark explains the rights which private rental tenants have - and sets out how they can challenge “high” rent increases, and complain...

Boost for Buy To Let as mortgage product choice improves

There's good news for the buy to let sector as mortgage product availability is showing signs of stability, according to the independent Moneyfactscompare site. Overall buy to...

Big HMRC fines for agents prompt Anti-Money Laundering guidance

Recent substantial fines issued by HMRC are a harsh reminder to agents to ensure that their Anti-Money Laundering policies are up to date, says a trade...

Backing for Ground Rent Cap being announced this week

An amendment is expected to be made by the government to its Leasehold and Freehold Reform Bill. The Bill, put forward by Housing Secretary Michael Gove, proposed...

Agents urged to attend Equality and Cultural Awareness event

Propertymark is urging member agents in Wales to attend a so-called Cultural Awareness Course which will explain their responsibilities under the 2010 Equality Act. The course is...

Get On With It - major agency tells government to reform renting

A major agency has told the government to get on with ensuring the Renters Reform Bill is passed into law as soon as possible. A after a...

Grow Your Lettings Agency - free webinar this week

Rightmove is hosting a webinar tomorrow for owners and managers of lettings agencies, focused on growing their business to the maximum potential. The portal’s lettings expert -...

Rent Controls - Call by Labour MPs in defiance of party policy

Five Labour MPs have put forward an Early Day Motion in the House of Commons calling for rent controls - even though the party nationally is...

Regulation of Property Agents - government slammed by Lords

The government’s failure to act on the Regulation of Property Agents (RoPA) working party - chaired by Lord Richard Best and published five years ago -...

Independent agency runs seminar series for new landlords

Top tips will be provided for landlords in the private rental market in a seminar next month organised by high profile independent lettings agent Nicol &...

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, and failed to pay a...

Online firm launches budget “self-service” lettings platform

An online lettings platform claims to have launched the first “end-to-end self-service lettings platform” which could save landlords around £3,800. Hello Neighbour operates in London and claims...

Lettings chief claims “renting negatively impacts life”

A prominent supplier of deposit alternatives to lettings agents has come out and said that “renting negatively impacts quality of life, stress and hopes for the...

Seasoned lettings expert joins regional agency

A seasoned lettings expert has been taken on to boost the success of an agency branch in Surrey. James Clarke, with 25 years experience in lettings, has...

Local man with global experience takes over branch franchise

Stephen Castellani has been confirmed as the new owner of Martin & Co’s Tonbridge office, taking the reins from Robert Gordon-James and his wife Katrina, who...

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