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Letting agency owner ordered to pay £25,000 to victims

A convicted Surrey letting agent who used his clients’ money to cover his business debts has been ordered to pay £25,000...

23 February 2017

From: Breaking News

Agency hands over £865 after students win deposit court case

A group of students in Bristol has won a court case after a lettings agency acting for a landlord deducted money...

23 February 2017

From: Breaking News

Agent must pay £5,000 'no redress' fine to local council

The operator of a troubled letting agency in Huddersfield has had until this week to pay a £5,000 fixed penalty notice...

23 February 2017

From: Breaking News

Build To Rent operator names managing agency for first scheme

L&G, one of the biggest firms involved in Britain’s Built To Rent sector, has named the agency it is appointing to...

23 February 2017

From: Breaking News

Lettings firm pledges to remove testimonials after complaint

Bristol lettings agency Livnlet has told the Advertising Standards Authority it is removing four testimonials from its website after a complaint...

22 February 2017

From: Breaking News

Letting agent on bail after theft and fraud charges

The director of a letting agency in Devon has been released on bail until June 2.   In November and December, Letting Agent...

22 February 2017

From: Breaking News

Fewer landlords likely to sell, Paragon lettings survey reveals

Tenant demand for private rented accommodation is continuing to rise according to a market report from specialist lender Paragon Mortgages.    While a...

22 February 2017

From: Breaking News

Fees ban 'highlights need for professional inventories' - claim

Professional independent inventories can save money for landlords at a time when tax changes threaten to make private letting for expensive...

22 February 2017

From: Breaking News

Trade body wants much stricter regulation on letting agents

The Chartered Institute of Housing wants the government to introduce a raft of new measures including significantly greater regulation of letting...

21 February 2017

From: Breaking News

Sub-let 'agency' markets rental homes on portals and Airbnb

A new form of agency which wants to blend traditional letting with Airbnb-style short lets has launched in London.    Lavanda claims it...

21 February 2017

From: Breaking News

Long-term renting increasingly routine, according to survey

Four in 10 people who rent a home expect still to be renting a property for up to a decade, according...

21 February 2017

From: Breaking News

136% annual growth in London Airbnb listings - claim

A company selling management services for owners short-letting their properties says there has been a 136 per cent rise in the...

21 February 2017

From: Breaking News

Housing minister wants agents to say what they think of White Paper

Housing minister Gavin Barwell is organising a series of regional meetings for property professionals to give him their view of his...

20 February 2017

From: Breaking News

Rental sector enjoys 'robust start to year' says board company

The latest data from Agency Express shows what the board company describes as “a robust start to 2017” as the rental...

20 February 2017

From: Breaking News

Protests turn to celebrations as Santander drops mortgage clause

Protests planned by tenants’ groups for many Santander bank branches over the past weekend turned instead into celebrations after the institution...

20 February 2017

From: Breaking News

Illegal buy to let house conversion ends with bill of £108,000

A buy to let landlord who converted an Uxbridge house into two flats without planning permission has been ordered to pay...

20 February 2017

From: Breaking News

Tenants face rent rises of 30% warns ex-Bank of England chief

Tenants face potential rent increases of between 20 and 30 per cent as a result of tax rises hitting landlords, says...

17 February 2017

From: Breaking News

Trade group backs banning orders on rogue agents, landlords

A trade body has backed government plans to introduce so-called ‘banning orders’ for rogue letting agents and landlords, but it says...

17 February 2017

From: Breaking News

Confirmation: cost and location are key factors for tenants

The latest survey from a specialist landlord insurance firm confirms what many in the industry will have known for a long...

17 February 2017

From: Breaking News

Property manager fined along with rogue landlord

A series of prosecutions of rogue landlords by a London council has also seen a so-called ‘property manager’ fined a four-figure...

17 February 2017

From: Breaking News

Buy To Let tax opponents pledge shock and awe on Shelter

Opponents of the proposed change to mortgage interest tax relief for landlords have promised what they call a “shock and awe”...

16 February 2017

From: Breaking News

Right To Rent 'discriminates against international students'

Right To Rent is encouraging discrimination against international students according to a student lts online service.    Government figures marking the first anniversary...

16 February 2017

From: Breaking News

17 letting agencies sign up to Labour MP's rental charter

A total of 17 letting agencies have signed up to a rental charter set up by a Labour MP.   Alan Whitehead, Labour...

16 February 2017

From: Breaking News

Person needs £40k salary to rent alone in London - claim

A new online estate agency based in London says that to rent the recommended space for a single person in the...

16 February 2017

From: Breaking News

City seeking to introduce third phase of selective licensing

Manchester, which already has a major private rental sector licensing scheme, is now consulting on extending it with a third phase...

16 February 2017

From: Breaking News

Lettings survey shows huge lack of landlord awareness

The need for letting agencies to assist landlords with the increasingly-complicated private rental sector has been hammered home by the results...

15 February 2017

From: Breaking News

Controversial lettings agency shuts office with no notice

A letting agency at the centre of a controversy following a ruling by The Property Ombudsman has shut its office and...

15 February 2017

From: Breaking News

Tory MP wants action as Trading Standards begin agency probe

Conservative MP Oliver Colvile is calling for urgent action following a recent spate of fraud involving rogue letting agents.   When approached by...

15 February 2017

From: Breaking News

Agency withdraws publicity after complaint over portal claim

Northwood GB has withdrawn a circular following a complaint regarding a reference to Rightmove visits.   A circular for Northwood GB stated: “Did...

15 February 2017

From: Breaking News

Economists asked to assess impact of buy to let tax changes

A trade group has commissioned a firm of economists to look at how the government’s mortgage interest tax relief change -...

14 February 2017

From: Breaking News

New evidence of buy to let mortgages at record low costs

A second firm is suggesting that the cost of Buy To Let mortgages has fallen to a record low - but...

14 February 2017

From: Breaking News

NALS offers member-agents free legal helpline and support

The National Approved Letting Scheme is linking with legal firm Moore Blatch to offer member agents access to a free legal...

14 February 2017

From: Breaking News

PropTech firm warns industry on poor consumer service

Poor communication, not being treated as a customer, and the time it takes to get property issues resolved have topped the...

14 February 2017

From: Breaking News

Countrywide: most landlords now pay cash for buy to lets

Countrywide claims that the proportion of landlords paying in cash for a property reached 61 per cent in January, the highest...

13 February 2017

From: Breaking News

Short-lets explosion: 'Airbnb time limits just won't work'

The explosion in the short-lets sector continues apace with one third of London councils telling the BBC that Airbnb’s 90-day time...

13 February 2017

From: Breaking News

Rents rising twice as fast as a year ago claims Countrywide

Countrywide says that last month the cost of a new let was 2.6 per cent higher than in the same month...

13 February 2017

From: Breaking News

Right To Rent 'discriminating against legal tenants' - claim

A report out today claims foreigners and Britons without passports, particularly from ethnic minorities, are being discriminated against in the lettings...

13 February 2017

From: Breaking News

Lobby MPs against buy to let tax changes ... urges a Tory MP

Saturday is traditionally the day many MPs hold their constituency surgeries, listening to grievances and opinions from their electors.    Conservative member of...

10 February 2017

From: Breaking News

Good news on BTL mortgages - some now at record low cost

Despite the challenges faced by the buy to let sector, mortgage companies are fighting hard for business - and two and...

10 February 2017

From: Breaking News

Section 21: few tenants and councils use new powers - claim

A BBC survey claims that powers to combat so-called ‘revenge evictions’ are not being used by the majority of councils in...

10 February 2017

From: Breaking News

'Flatmate-finder' website tempting agents with free listings

An online platform describing itself as a ‘matchmaker’ for prospective flatmates is temporarily offering letting agents free listings in a bid...

10 February 2017

From: Breaking News

Many buy to let investors 'set to reduce portfolios in next year'

The Royal Institution of Chartered Surveyors has given a stark warning about the cumulative effect of the additional homes stamp duty...

10 February 2017

From: Breaking News

Longer tenancies will NOT apply to Buy To Let properties

The government has stepped in to clear up misunderstandings emerging from the Housing White Paper following its high profile call for...

09 February 2017

From: Breaking News

Fraudster jailed after keeping 'holding deposits' from tenants

A fraudster has been jailed after being convicted on nine counts of fraud, theft and forgery relating to property firms which...

09 February 2017

From: Breaking News

Average rent in England and Wales is £811 says Your Move

Average rents ended 2016 higher than they started it according to figures from Your Move relating to England and Wales.   The average...

09 February 2017

From: Breaking News

Rightmove and Zoopla partner property management app

Rightmove and Zoopla have entered into partnerships with a property management app - Rentr - which is aimed at lettings sector...

09 February 2017

From: Breaking News

Shelter says government must deliver on longer tenancies

Shelter - the campaigning charity many feel has had influence on government policies for the lettings sector - has now turned around and...

09 February 2017

From: Breaking News

Letting fees ban still unlikely to be introduced until 2018

The government’s Housing White Paper may have made many broad pledges aimed at the private rental sector, but it still remains...

08 February 2017

From: Breaking News

Industry anger at government 'failing to fix broken market'

Agents and many industry bodies have expressed their disappointment and anger at many provisions of the Housing White Paper produced by...

08 February 2017

From: Breaking News

Government considers mandatory Client Money Protection

The government has announced in its Housing White Paper that it is still “working with industry experts” to consider whether Client...

08 February 2017

From: Breaking News

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