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Rents will rise this year - and it's the fault of government, insists Belvoir

The head of franchise giant Belvoir says government interference in the rental sector is likely to result in a rise in...

23 January 2018

From: Breaking News

Rents in the UK rose 1.7 per cent in 2017 says HomeLet

The average rent agreed on a new tenancy signed in December was £907 according to the insurance firm HomeLet, compared to...

23 January 2018

From: Breaking News

Donation made to Auschwitz Memorial after accidental use of image

A representative of the Landlords’ Union has posted an apology on the Property118 website for accidentally using a photograph of the...

23 January 2018

From: Breaking News

'We will work with Labour to reform lettings' says trade body

The chairman of the Residential Landlords Association has written in the Labour-supporting New Statesman magazine about the need for the lettings...

22 January 2018

From: Breaking News

How To Rent guide updated - it's vital that agents use new version

The How To Rent guide - the document which has to be given to new tenants by letting agents or landlords...

22 January 2018

From: Breaking News

Letting agents join growing army of supporters for tenants' right to sue

The Association of Residential Letting Agents is the latest industry body to throw its weight behind the Private Members’ Bill that...

22 January 2018

From: Breaking News

Lettings reformer and co-founder of ARLA remembered, 10 years on

The agency Leaders has been marking the 10th anniversary of the death of its founder Neville Lee, who was a key...

22 January 2018

From: Breaking News

Property Jobs Today - new feature coming later this month

We’re delighted to announce that later this month there will be a regular feature each week called Property Jobs Today.  It will...

22 January 2018

From: Breaking News

Former LSL boss backs AI PropTech property management system

The former executive director of LSL Property Services, David Newnes, is one of the key backers of a new property management...

19 January 2018

From: Breaking News

Major agency says pro-tenant legislation must go much further

Lettings agency Haart says the government should go much further than the legislation it is supporting giving tenants the right to...

19 January 2018

From: Breaking News

Massive £29,000 fine after tenants' lives put at risk in BTL property

A fine of over £29,000 has been imposed on an absentee landlord whose property was said to have put tenants’ lives...

19 January 2018

From: Breaking News

Limited company buy to let purchases outstrip remortgaging

Almost three-quarters of buy to let mortgage transactions made by landlords operating via limited companies in the final quarter of last...

19 January 2018

From: Breaking News

Government 'should probe tax arrangements' of online short-lets

An accountancy trade body, the Association of Accounting Technicians, is advising the government to investigate what it calls “the questionable tax...

18 January 2018

From: Breaking News

Industry support for Human Habitation Bill continues to pile in

There have been more expressions of support from industry bodies for the Private Members’ Bill from Labour’s Karen Buck MP which...

18 January 2018

From: Breaking News

Online firm is latest to link rent payments with credit score company

NoAgent, an online service charging landlords a fee to manage their properties, is the latest to offer a link between tenants’...

18 January 2018

From: Breaking News

New feature coming later this month - Property Jobs Today

We’re delighted to announce that later this month there will be a regular feature each week called Property Jobs Today.  It will...

18 January 2018

From: Breaking News

Agent launches petition to oppose credit/debit card surcharge ban

An agency operating in London and Essex has launched an online petition to oppose the ban on credit and debit card...

17 January 2018

From: Breaking News

New PropTech platform links rental payments to credit scores

A new PropTech platform has launched today linking tenants’ rental payments with their Experian credit histories, as well as providing reports...

17 January 2018

From: Breaking News

Agents remove ads after complaints filed to advertising watchdog

Two letting agencies have removed advertisements after complaints were filed to the Advertising Standards Authority. The first case involved LSL Property Services...

17 January 2018

From: Breaking News

Official figures show rents rising at slowest rate for six years

Private rental prices paid by tenants in Great Britain rose by 1.2 per cent in the 12 months to December according...

17 January 2018

From: Breaking News

ARLA backs Bill allowing tenants to sue landlords over property conditions

The Association of Residential Letting Agents has thrown its weight behind a Private Members Bill which wants tenants to have the...

17 January 2018

From: Breaking News

Confirmed - credit card surcharge ban DOES apply to letting agencies

The Treasury has confirmed to Letting Agent Today that the ban on credit card surcharges which came into effect in recent...

16 January 2018

From: Breaking News

Government-backed Bill allowing tenants to sue will be debated on Friday

The Private Members’ Bill that has won government backing - and which would give tenants the right to sue landlords over...

16 January 2018

From: Breaking News

Expansion for LSL-backed broker seeking to emulate online letting agents

A digital start-up that uses algorithms to match the requirements of landlords against the entire buy to let mortgage market of...

16 January 2018

From: Breaking News

Troubled Proptech firm Goodlord names successor to ex-Foxtons man

The troubled PropTech firm Goodlord - which creates software to allow tenancies to be handled on a single system - has...

16 January 2018

From: Breaking News

Exclusive: Foxtons asked to prove it’s competent to manage rental properties

Letting Agent Today understands that Foxtons has been asked to appear at a hearing staged by a London council to prove...

15 January 2018

From: Breaking News

Countrywide: number of homes bought for buy to let at nine-year low

Last year saw a significant drop in the number of homes bought by landlords according to data released this morning by...

15 January 2018

From: Breaking News

Government backs move to allow tenants to sue over 'unfit properties'

The government has taken the unusual step of working with a Labour MP to ensure her Private Members Bill can become...

15 January 2018

From: Breaking News

Letting agent gets £1,000 bill after telling tenant to dump rubbish

A lettings agent has been charged £1,000 after telling a new tenant to dump waste left by a previous occupier into...

15 January 2018

From: Breaking News

Rental growth up in 2017 with London and Scotland strongest regions

Rental growth across Great Britain picked up in 2017 according to data released today by Countrywide.   Last year rents rose by an...

15 January 2018

From: Breaking News

Government to allow tenants to sue over poor property conditions

In an unusual move the government has today, Sunday, announced that it wants tenants to have the right to take legal...

14 January 2018

From: Breaking News

Agent says share, share, share his petition to reverse fees ban

An Essex lettings agent has explained why he has set up an online petition calling for a reversal of the government’s...

12 January 2018

From: Breaking News

Trade body says 20% of landlords set to reduce portfolios in 2018

The National Landlords Association says 20 per cent of its members plan to reduce the size of their portfolios in the...

12 January 2018

From: Breaking News

UKALA in deal to allow total loss client money protection through agents

The UK Association of Letting Agents has launched a deal with insurance firm Let Alliance to allow total loss client money...

12 January 2018

From: Breaking News

Fees Ban 2019 deadline shouldn't lull industry into complacency - agent

This week’s news that the government will not be implementing the ban on letting agents’ fees on tenants in England until...

12 January 2018

From: Breaking News

Government explains why lettings fee ban is still 15 months away

The government has explained why the ban on letting agents’ fees on tenants will not be implemented until spring 2019 -...

11 January 2018

From: Breaking News

Rightmove says pace of annual rent rises now lowest since 2014

The average asking rent across the UK - excluding London - rose by just 0.7 per cent in 2017 according to...

11 January 2018

From: Breaking News

Romans gives insight into its campaign against sub-letting

Romans’ lettings managing director Michael Cook has given details of his agency’s approach to identifying and responding to sub-letting. Cook says: “We...

11 January 2018

From: Breaking News

Vast majority of young renters fear they will never own a home

New research claims that as many as 78 per cent of young adults aged 18 to 30 fear they will never...

11 January 2018

From: Breaking News

Major Build To Rent provider strengthens housing team with key hire

Legal & General - one of the country’s largest players in the burgeoning Build To Rent sector - has made a...

11 January 2018

From: Breaking News

Letting fees ban 'not implemented until spring 2019 at least' - NALS

The government has told NALS that implementation of the ban on letting agents’ fees levied on tenants will not take place...

10 January 2018

From: Breaking News

Agencies expelled from Ombudsman scheme for non-payment of rents

The Property Ombudsman scheme has today announced three expulsions of agencies as a result of non-payment of rent or awards. Firstly, a...

10 January 2018

From: Breaking News

Lettings agency tells MPs to go for fees cap but not outright ban

A lettings agency has written to MPs setting out an eloquent case for a cap on agents’ fees levied on tenants...

10 January 2018

From: Breaking News

Buy to let lender says business strong despite regulation changes

Specialist buy to let lender Accord Mortgages says seven per cent of its business in 2017 came from first time landlords...

10 January 2018

From: Breaking News

London-based property investment firm opens north of England office

Surrenden Invest, which specialises in selling off-market new-build properties to buy to let investors, has opened an office in the north...

10 January 2018

From: Breaking News

Buy to let expert urges tenants to research agents and properties

Buy to let expert Kate Faulkner says tenants should undertake more research on agents, landlords and properties before choosing a place...

10 January 2018

From: Breaking News

Agency says buy to let still benefits from £16.7 billion tax relief

The UK’s army of buy to let landlords will still benefit from £16.7 billion worth of tax relief even after the...

09 January 2018

From: Breaking News

Trade body wary of government 'rebranding' of housing department

At least one trade body has expressed an apparent scepticism about whether the rebranding of the Department of Communities and Local...

09 January 2018

From: Breaking News

Major buy to let lender extends tenancies policy to 36 months

One of the lettings sector’s biggest lenders, Santander, is allowing its buy to let landlord borrowers to offer assured shorthold tenancies...

09 January 2018

From: Breaking News

ARLA Propertymark reduces compliance cost with accountancy deal

ARLA and NAEA Propertymark have introduced a raft of deals in a bid to save agents money.  Membership subscription fees will remain...

09 January 2018

From: Breaking News

MPs to debate impact of Universal Credit on private rental sector

MPs today discuss the impact of Universal Credit on the private rented sector, in a debate prompted by the Liberal Democrat’s...

09 January 2018

From: Breaking News

Shelter to tell MPs its view of the Draft Tenants' Fees Bill

Today sees the return of MPs to Parliament following the Christmas break, and one early task is to hear oral evidence...

08 January 2018

From: Breaking News

Trade body welcomes U-turn on Universal Credit 'direct payments'

There has been a warm welcome for government changes to Universal Credit by the Residential Landlords Association.  The Department for Work and...

08 January 2018

From: Breaking News

Online agency links with finance advisers to help buy to let investors

Online letting agency Upad is linking with high profile independent finance service John Charcol in a bid to make it easier...

08 January 2018

From: Breaking News

Rents rise a tiny 0.56 per cent in 12 months, says buy to let lender

UK rents grew by a tiny 0.56 per cent in 2017 according to specialist lender Landbay. However, in a special exercise, the...

08 January 2018

From: Breaking News

Fees Ban: MPs to hear evidence into proposals next week

The Communities and Local Government committee of MPs will on Monday hear their first oral evidence of the year for the...

05 January 2018

From: Breaking News

Council to launch 'ethical' lettings agency next month

A local authority is setting up a not-for-profit ‘ethical’ lettings agency and is aiming to woo landlords with a promise of...

05 January 2018

From: Breaking News

Short lets damage long term rental stock, research alleges

Research by the University of Sheffield is reported to show the apparent damage done by short lets on Airbnb and similar...

05 January 2018

From: Breaking News

Letting agency told to 'educate student tenants to keep bins tidy'

A former councillor says letting agents should be responsible for ensuring student tenants know how to organise their bins in a...

04 January 2018

From: Breaking News

PropTech firm joins call for rent payments to count in credit scores

Automated rental payment provider PayProp has joined the call for private rent payments to be counted towards tenants’ credit scores in...

04 January 2018

From: Breaking News

Government begins tweeting that it's banning letting agents' fees

The government has started tweeting that it is to ban letting agents’ fees in England - but still isn’t revealing when...

04 January 2018

From: Breaking News

Belvoir's acquisitions programme leads to above-expected growth

Franchise giant Belvoir has given a glowing report to shareholders, saying it exceeded its 2017 target for portfolio acquisitions by franchisees. During...

04 January 2018

From: Breaking News

Build To Rent giant Grainger makes fourth acquisition in two months

Grainger, which is already the UK’s largest listed residential landlord, is reported to have acquired an under-construction Build To Rent scheme...

04 January 2018

From: Breaking News

Buy To Let mortgages could become more expensive soon - warning

The consumer organisation Which? is warning that buy to let mortgages could become more expensive in the near future. This is despite...

03 January 2018

From: Breaking News

ARLA set to launch next phase of Propertymark Protected TV ads

The Association of Residential Letting Agents and its sister organisation the National Association of Estate Agents has launched the second phase of...

03 January 2018

From: Breaking News

Agency sets up new 'rentals portal' as latest Proptech development

Harrison Murray, the lettings division of the Nottingham Building Society, has launched a portal for landlords and tenants. The agency says it...

03 January 2018

From: Breaking News

Government reveals new minimum room sizes for HMOs

The government has announced new minimum space requirements for private lettings in a bid to reduce problems of overcrowding. In addition to...

02 January 2018

From: Breaking News

Government lettings reforms: no response yet from ARLA

The Association of Residential Letting Agents and other trade bodies have not yet responded to the government’s announcement over the holiday...

02 January 2018

From: Breaking News

Labour pledges to reduce powers of eviction if it forms a government

Labour leader Jeremy Corbyn has used a holiday season interview to repeat his pledge to swing powers back towards private tenants...

02 January 2018

From: Breaking News

Survey throws kinder light on how landlords regard their tenants

A survey from a specialist rental insurance firm suggests that contrary to popular belief, landlords care more than a little about...

From: Breaking News

Consultation shows strong support for lettings sector 'banning orders'

Figures released by the government show huge support for the extension of the offences under which agents and landlords may in...

29 December 2017

From: Breaking News

Crooked agents helped to steal £1m from tenants in 2017 - claim

Crooked letting agents and landlords have raided close to £1m from tenancy deposit accounts in 2017, new figures show. Campaigning agent Ajay Jagota,...

29 December 2017

From: Breaking News

Fine and costs of £20,500 for head of property management company

A landlord has been ordered to pay £20,000 after being found guilty of nine offences in relation to a house in...

29 December 2017

From: Breaking News

London agent forecasts demand surge in key lettings sector

The lettings director of high-end London lettings agency Russell Simpson says he expects the capital’s rentals market to blossom next year...

29 December 2017

From: Breaking News

Government outlines new clampdown on private rental sector abuse

The government has released more details on long-discussed proposals to tighten up licensing in the private rental sector. It wants landlords in...

28 December 2017

From: Breaking News

New accusation of chaos over Minimum Energy Efficiency Standards

The government is being criticised for its latest consultation exercise on the new Minimum Energy Efficient Standards - because it ends...

28 December 2017

From: Breaking News

Letting Fees: Ban will not cut cost of renting, insists trade body

Government proposals to ban letting agent fees levied on tenants next year are unlikely to make renting cheaper as new research...

28 December 2017

From: Breaking News

Regional agency opens new office in bid to extend reach

Loveitts Estate Agents says it is “extending its reach” with the opening of a new expanded office in Nuneaton. The move to...

28 December 2017

From: Breaking News

Merry Christmas from LAT - and here's a card to remember...

So here it is … a very Merry Christmas from Letting Agent Today and Angels Media, with our very best wishes...

22 December 2017

From: Breaking News

Trade group welcomes cut to cost of lettings energy measures

The Residential Landlords Association says it welcomes the government’s decision to reduce the likely maximum payment by landlords for energy improvements...

22 December 2017

From: Breaking News

Prison sentence after buy to let property's truly shocking fire risk

A buy to let property owner has received a four month prison sentence for letting out a property he had already...

22 December 2017

From: Breaking News

Online database of rogue agents 'will save lives' say fire chiefs

The new online database identifying rogue letting agents and landlords will save lives according to the London Fire Brigade. We wrote about...

21 December 2017

From: Breaking News

Independent snaps up rival to have total 2,500 homes on its books

Tunbridge Wells independent Alexandre Boyes has snapped up the lettings and sales book of Edenbridge agency Foxwood Maclean. First established in 1877...

21 December 2017

From: Breaking News

Rightmove reveals top 10 lettings searches - and the south wins...

Rightmove has revealed the locations where prospective tenants have searched for properties on its portal in 2017 - and the winning...

21 December 2017

From: Breaking News

Massive fines after appalling conditions found at converted property

The local authority at Brent in north London has secured what it calls “an important court victory” after “appalling conditions” were...

21 December 2017

From: Breaking News

So here it is Merry LATmas - try our online advent calendar

The countdown to Christmas has now officially begun and what better way to celebrate than with an online advent calendar from...

21 December 2017

From: Breaking News

Exclusive: Independent agents group won’t campaign against fees ban

Independent agents’ group CIELA is to launch after all, but now says it won’t be campaigning against the imminent ban on...

20 December 2017

From: Breaking News

Complaint about agent using show-flat pictures in property details

Two complaints linked to agency activity have been dealt with through the Advertising Standards Authority informal resolution process. In the first a...

20 December 2017

From: Breaking News

First London boroughs roll out ‘rogue agents database’

The first London boroughs are now rolling out the Greater London Authority’s ‘Rogue Landlord and Agent Checker’ - allowing tenants to...

20 December 2017

From: Breaking News

Rents fell in real terms in 2017 says HomeLet

Latest data from HomeLet suggests that typical rents across the UK have fallen in real terms over the past 12 months. Average...

20 December 2017

From: Breaking News

New survey shows rents stable but some landlords selling up

Latest lettings findings from franchise agency Belvoir shows that in the third quarter of this year average rents were just £3 a...

20 December 2017

From: Breaking News

Foxtons says London rental market may now be in recovery mode

Foxtons insists the London rental market may now be in recovery mode with 9.2 prospective tenants per property registered in the third...

19 December 2017

From: Breaking News

Another independent agency snapped up by TPFG franchisee

Angela Newark, owner of two franchises of The Property Franchise Group in West Yorkshire, has acquired the portfolio of another agency taking...

19 December 2017

From: Breaking News

Latest conviction under controversial Rent Smart Wales regime

There has been another prosecution under the controversial Rent Smart Wales regulations - although this time the landlord in question was...

19 December 2017

From: Breaking News

'Halt Right To Rent' says trade body demanding investigation

One of the industry’s leading trade bodies wants the government to halt the Right To Rent programme after evidence shows some...

18 December 2017

From: Breaking News

Yet another acquisition made by fast-expanding Lomond Capital

Lomond Capital has announced its second acquisition in two weeks by acquiring south Manchester lettings and sales agency Hallmark Residential.  The deal...

18 December 2017

From: Breaking News

Buy to let slowdown may threaten house prices - claim

A pullback in the buy to let market is threatening to reduce sale prices further in London and parts of the...

18 December 2017

From: Breaking News

Media expert takes over as chair of lettings sector trade body

The National Landlords Association has appointed a new chairman - he’s Adrian Jeakings who comes to the position with many years of...

18 December 2017

From: Breaking News

Millennials outside London will spend £111,000 on rent before buying

Millennials renting an average-sized property outside of London, who begin their tenancy at age 21, will spend an average of £110,830...

15 December 2017

From: Breaking News

Ex-supermarket supremo takes over as chair of major agency group

Steven Esom is to take over as group chairman of the Andrews Property Group at the start of 2018.  He succeeds Jim...

15 December 2017

From: Breaking News

Former deputy PM Clegg is keynote speaker at ARLA conference 2018

Former deputy prime minister Nick Clegg is one of the keynote speakers for the 2018 conference of the Association of Residential...

15 December 2017

From: Breaking News

70 per cent of landlords wouldn't let to student tenants - survey

Research by a student lettings software company suggests that 70 per cent of landlords say they would prefer not to let...

15 December 2017

From: Breaking News

HMRC may add tax checks to private rental licensing schemes

HM Revenue & Customs has launched a consultation on adding tax checks to private rental sector licensing schemes - in other...

14 December 2017

From: Breaking News

PM restates government opposition to rent controls

Prime minister Theresa May has repeated that the current government will not introduce rent controls in the private sector. The issue of...

14 December 2017

From: Breaking News

London council deploys team to catch illegal Airbnb-style short lets

A new team of investigative council officers are hitting the streets of the capital to tackle unlawful nightly letting using websites like...

14 December 2017

From: Breaking News

Tiny but symbolic fall in rents recorded late this year, says lender

Rents across the UK began to shrink for the first time in over half a decade toward the end of 2017,...

14 December 2017

From: Breaking News

Fall in rental supply may be because investors are quitting - claim

A fall in the supply of available rental properties suggests some landlords may be quitting the buy to let sector as...

13 December 2017

From: Breaking News

Independent agency snapped up by Martin & Co franchise couple

Gloucester independent lettings agency R M C Hardcastles has been acquired by Martin & Co franchisees Peter and Rani Grieve -...

13 December 2017

From: Breaking News

Property firm boss guilty over HMO safety: sentencing next week

The director of a property management firm has been found guilty of nine offences of breaching regulations relating to a house...

13 December 2017

From: Breaking News

£3,300 fine for owner failing to keep HMO safe for tenants

The landlord of an HMO has been fined £3,300 for failures to meet his obligations, particularly regarding fire safety. At Northampton magistrates...

13 December 2017

From: Breaking News

Seismic changes for lettings industry in 2018, predicts ARLA chief

Some 70 per cent of letting agents expect taxes on the rental sector to rise further next year according to research...

12 December 2017

From: Breaking News

Countrywide says annual rate of rental growth picked up recently

The annual rate of rental growth picked up in November, with the cost of a new let across Great Britain rising...

12 December 2017

From: Breaking News

Final 2017 rental figures for Prime Central London show recovery

The rental market in Prime Central London has shown signs of recovery at the end of 2017, according to a new...

12 December 2017

From: Breaking News

New hire for regional agency's growing lettings team

Yorkshire agency Dacre, Son & Hartley has expanded its residential lettings team with the appointment of a new manager to cover...

12 December 2017

From: Breaking News

Rental market inflated by 80,000 properties let by 'accidental landlords'

Countrywide says one in every 12 homes that came on to the rental market in 2017 was for sale at some...

11 December 2017

From: Breaking News

Another acquisition by Leaders Romans Group - the fifth in six weeks

The Leaders Romans Group has announced its fifth acquisition in just six weeks after completing the purchase of South & Co...

11 December 2017

From: Breaking News

Lomond Capital continues push into south of England with new acquisition

Lomond Capital has acquired independent Brighton letting agency Tanat-Jones & Company. The deal marks Lomond’s second acquisition in the city since purchasing...

11 December 2017

From: Breaking News

Leasehold campaigner calls on Queen to end 'feudal' system

A leasehold campaigner has called on the Queen to end her support for what he calls the UK's “feudal leasehold system” by changing the...

11 December 2017

From: Breaking News

ARLA comes out against government-controlled Client Money Protection

The Association of Residential Letting Agents has come out against a single government-administered system for Client Money Protection in the private...

11 December 2017

From: Breaking News

Buy To Let end-of-year report: rents and values up but confidence weak

A cocktail of tax reform and tighter regulation is slowing growth across the private rental sector, despite its value hitting a new...

08 December 2017

From: Breaking News

Rental sector now larger scale and more professional, says report

Larger scale landlords with 10 properties or more appear to be the most confident about the private rental sector, and are...

08 December 2017

From: Breaking News

Massive rise in purpose-built student accommodation supply in 2017

There has been a record number of new student accommodation bed spaces delivered in 2017, with possible consequences for future buy...

08 December 2017

From: Breaking News

Buy to let investor's bill of £33,000 after found guilty of 15 offences

A buy to let investor who a judge said “cut corners” and exposed his tenants to “significant risk” has been ordered...

08 December 2017

From: Breaking News

Supervision order after campaign of harassment against letting agent

A man is reported to have launched “a campaign of harassment” against a lettings agent just an hour after signing a...

07 December 2017

From: Breaking News

Rent Recognition Challenge - government launches tech competition

The government is offering £2m to budding PropTech and financial technology entrepreneurs who can develop an application that will enable Britain’s 11...

07 December 2017

From: Breaking News

Tenancy Deposit Scheme's new hire will lead digital innovation

The Tenancy Deposit Service has created the new post of chief operating officer, with the first postholder charged with “leading our...

07 December 2017

From: Breaking News

Prime London rents drop 2.4% in a year - the smallest fall for 18 months

Average rents in prime central London fell 2.4 per cent year-on-year in November, which was the most modest decline recorded in...

07 December 2017

From: Breaking News

Watchdog acts after eviction firm suggests tenants are 'household pests'

An eviction company called Remove A Tenant has been the subject of a complaint after a Facebook post which implied tenants...

06 December 2017

From: Breaking News

Fees ban confirmed by Welsh government with more details in 2018

The Welsh Government has confirmed that the country will ban letting agents’ fees levied on tenants - the same ban still...

06 December 2017

From: Breaking News

Rents across UK to rise by average 14% by end of 2022 - agency

Knight Frank says average rents are to rise by 14 per cent between the start of next year and the end...

06 December 2017

From: Breaking News

Trade body welcomes Universal Credit changes but warns 'more needed'

Changes to Universal Credit have made it easier for claimants to rent homes but the government needs to do more to...

06 December 2017

From: Breaking News

Agency consolidation increasing as fees ban looms, warns ARLA

The Association of Residential Letting Agents says it is seeing a consolidation of agencies ahead of the ban on agents’ fees...

05 December 2017

From: Breaking News

Sharp increase in cost of buy to let mortgages since base rate rise

There has been a sharp rise in the cost of buy to let mortgages since the November 2 announcement increasing the...

05 December 2017

From: Breaking News

Controversial licensing scheme said to have won government backing

The selective licensing scheme operated by Newham council in London is reported to have won government backing to be extended until...

05 December 2017

From: Breaking News

Knight Frank lettings and sales search arm names new recruit

The search arm of Knight Frank, The Buying Solution, has a new recruit to handle both rental and sales clients in...

05 December 2017

From: Breaking News

Foxtons fined £35,000 for failing to prove house was safe for letting

Foxtons has been fined £35,000 for failing to prove to a local council that a house it was letting was safe...

04 December 2017

From: Breaking News

Rogues' database and banning orders to come into effect in April

A database of rogue letting agents and landlords and new banning orders, first promised in the Housing and Planning Act announced...

04 December 2017

From: Breaking News

Leasehold: Conveyancers want unfair fees and dodgy services ended

The Conveyancing Association has made a wide-ranging response to the government’s call for evidence on the regulation of letting and managing...

04 December 2017

From: Breaking News

Acquisition takes Rendall & Rittner's portfolio to 50,000 units

Rendall & Rittner, a major operator in the residential block management sector, has completed its purchase of Braemar Estates from the...

04 December 2017

From: Breaking News

Leading agency welcomes tenancy overhaul in Scotland

One of Scotland’s leading lettings and estate agencies, Galbraith, has given the thumbs up to a new tenancy process introduced north...

04 December 2017

From: Breaking News

'Many tenants put off by misleading ads or poor viewings' - claim

A claim has been made that as many as 80 per cent of prospective tenants have been put off renting a...

01 December 2017

From: Breaking News

New tool to keep across those 67 (and rising) licensing schemes

The National Landlords Association has unveiled a new tool which could help agents and landlords keep across the ever-rising number of...

01 December 2017

From: Breaking News

Agency stalwart retires after 55 years of dedicated service

Gascoines agency at Southwell in Nottinghamshire is celebrating the retirement of one of its most loved staff members after no less...

01 December 2017

From: Breaking News

Build To Rent 'resilient' despite Brexit, says major operator

Grainger - Britain’s largest listed residential landlord, which has pledged to invest £850m in Build To Rent - says the rental...

01 December 2017

From: Breaking News

30% of landlords may stop using agents if fees go up - survey

Some 30 per cent of landlords may be discouraged from using a letting agent if landlord fees increase as a result...

30 November 2017

From: Breaking News

Council claims Airbnb takes hundreds of homes off long-term market

A senior housing official at Bristol city council says the increasing popularity of Airbnb has had the effect of taking “hundreds”...

30 November 2017

From: Breaking News

New tenancy rules starting in Scotland - and the change is enormous

A large shake up of the private rental sector begins in Scotland tomorrow with the introduction of Private Residential Tenancies replacing...

30 November 2017

From: Breaking News

ARLA Propertymark chief joins board of Tenancy Deposit Scheme

David Cox, the chief executive of ARLA Propertymark, has joined the board of the Tenancy Deposit Scheme as a non-executive director. Cox,...

30 November 2017

From: Breaking News

Final day of consultation on letting and management agent proposals

You have only until 11.45pm tonight to have your say on government proposals to clamp down on letting and managing agents...

29 November 2017

From: Breaking News

Lettings firm owner jailed for failing to repay 'illegal' rent

The owner of a property firm who reportedly misled tenants and let an illegally converted property has been jailed for 155...

29 November 2017

From: Breaking News

Rent is 60 per cent or more of tenants' income in 12 UK areas

Research by independent fact-checking organisation Full Fact has revealed that there are 12 local authority areas in the UK where a...

29 November 2017

From: Breaking News

Rental market strong as new Scottish tenancy rules set to start

The Scottish rental market continued to perform strongly in the year to the end of October with the average property let for £572 on...

29 November 2017

From: Breaking News

Council may ban agents letting to students in part of city

A council is seeking to prevent letting agents and landlords from letting homes to students in an area of a city...

28 November 2017

From: Breaking News

Number of properties on agents' books hits 12-month low - ARLA

The number of properties that agents managed per branch fell to a 12-month low in October according to new figures released...

28 November 2017

From: Breaking News

New site could provide hundreds more Build To Rent properties

Legal & General, one of the largest operators in the growing Build To Rent sector, has acquired a 272 acre site...

28 November 2017

From: Breaking News

£7,000 bill because buy to let investor failed to get HMO licence

A buy to let investor who failed to purchase a £542 licence for his HMO has been ordered to pay almost...

28 November 2017

From: Breaking News

Mandatory adding of rent payments to credit scores is now a step closer

The House of Lords has given the Creditworthiness Assessment Bill its second reading and a step forward to ensuring that tenants’...

27 November 2017

From: Breaking News

Let’s Dance! Your chance to win FREE tickets to the Agents Giving Ball

Training for Agents Giving’s Strictly Come Dancing event is now entering its final two weeks - and Letting Agent Today readers have...

27 November 2017

From: Breaking News

Rents up in most regions but yields down compared to a year ago

Rental prices in most areas of England and Wales have grown over the past 12 months with the East of England...

27 November 2017

From: Breaking News

Specialist lender lowers rates and aims to help accidental landlords

Specialist lender Together has lowered interest rates across a range of products including right to buy - and it’s making a...

27 November 2017

From: Breaking News

Buy to let mortgage demand falls 'thanks to government rule changes'

One of Britain’s best known and highest profile buy to let specialist lenders says the number of new BTL mortgages being...

24 November 2017

From: Breaking News

More and more tenants expect to move in one month or much less

Tenants are expecting to find and move in to new rental accommodation in ever-shorter periods of time.  Data from property website TheHouseShop.com...

24 November 2017

From: Breaking News

Universal Credit change welcomed by lettings sector groups

A change to the operation of Universal Credit has been welcomed by a trade body which has described it as good...

24 November 2017

From: Breaking News

So ... are you one of the industry's very best suppliers?

It’s that time of the year again - when the race begins to find out who will win The ESTAS Supplier...

24 November 2017

From: Breaking News

Hidden tax hike in Budget small print will hit buy to let sector

It’s been discovered that a Capital Gains Tax measure buried in the small print of the Budget is likely to hit...

23 November 2017

From: Breaking News

Mystery surrounds 'longer tenancies' consultation announced in Budget

The industry is awaiting details of the latest government consultation concerning the private rental sector which will consider longer tenancies. The consultation...

23 November 2017

From: Breaking News

New parliamentary bid to have rent records added to credit ratings

Lord John Bird, the founder of Big Issue, is tomorrow launching his own Bill in the House of Lords in a...

23 November 2017

From: Breaking News

Property Franchise Group's Martin & Co acquires another independent

The Oxford franchisee of Martin & Co has acquired the nearby Kidlington office of independent local agency Oliver James. This takes the number...

23 November 2017

From: Breaking News

Leaders Romans Group snaps up another independent agency

The Leaders Romans Group has acquired an independent lettings agency in Bath, taking it into the south western region for the...

23 November 2017

From: Breaking News

Budget: Stamp Duty reform, More new homes, possible longer tenancies

Stamp duty reform for first time buyers has taken pride of place in the Budget speech of Chancellor Phillip Hammond.   From today,...

22 November 2017

From: Breaking News

Councils insist there's no conflict of interest after press revelations

Research by The Guardian newspaper reveals that massive numbers of local authority councillors are also buy to let investors - and...

22 November 2017

From: Breaking News

London agency slapped on wrist for wrongly-targeted flyer

A complaint to the Advertising Standards Authority says a flyer from an estate agency suggesting that a property was to let...

22 November 2017

From: Breaking News

Lettings sector directly diminished by stamp duty surcharge - claim

Over two thirds of landlords are reluctant to invest in new properties as a result of the stamp duty surcharge on...

22 November 2017

From: Breaking News

Senior Build To Rent figure spells out his hopes for the Budget

One of the senior figures in the UK’s burgeoning Build To Rent sector has called on the Chancellor to help this...

22 November 2017

From: Breaking News

Buy To Let sector pessimistic ahead of the Budget

After the series of anti-buy to let measures contained in recent Budgets, it is perhaps unsurprising that a survey of landlords...

21 November 2017

From: Breaking News

Rent Smart Wales prosecutes letting agent and self-managing landlord

Rent Smart Wales, the licensing and training regime which is now a year old, has taken an agent and a landlord...

21 November 2017

From: Breaking News

Client Money Protection could make lettings 'most transparent ever'

Mandatory Client Money Protection for lettings agents - currently the subject of a formal government consultation - will contribute towards making...

21 November 2017

From: Breaking News

Growing support for campaign urging mandatory inventories

Reporting software company InventoryBase has backed a campaign urging for inventories to be made mandatory in the lettings sector. The Association of...

21 November 2017

From: Breaking News

Fees Ban: MPs will soon start scrutiny of government proposals

The Communities and Local Government Select Committee says it is to begin “pre-legislative scrutiny” of proposals to ban tenant fees imposed...

20 November 2017

From: Breaking News

Enough! With 15 rental sector ‘consultations’ it’s time for action

A trade body says there are 15 formal government consultations going on within the private rental sector - and now it’s...

20 November 2017

From: Breaking News

Lomond restructures top brass ahead of London lettings entry

Fast-expanding property group Lomond Capital has announced a restructure of its top tier as it prepares to make long-awaited acquisitions in...

20 November 2017

From: Breaking News

Agency acquires fourth independent company in the same city

Leaders has acquired its fourth agency in the same city, Norwich, in a sign of what it calls its commitment to...

20 November 2017

From: Breaking News

‘More must be done’ to ensure safety of agents and other staff

A report on progress into the Suzy Lamplugh Trust’s new code - introduced precisely a year ago - suggests more still...

17 November 2017

From: Breaking News

Agent outraged at government “kick in the teeth” over fees

A Birmingham agent has branded the government’s draft Tenant Fees Bill - which proposes a ban on letting agents’ fees on tenants...

17 November 2017

From: Breaking News

Rental yields - London and SE fail to break into top 25 postcodes

A survey has been undertaken of the top 25 UK postcodes in terms of yields for investors - and London and...

17 November 2017

From: Breaking News

Council licensing scheme discriminates against rental units with poor EPCs

A local authority currently consulting on private rental licensing is using improved energy efficiency as one of the criteria for landlords...

16 November 2017

From: Breaking News

Rent To Rent needs better regulation, urges redress operator

One of the government’s three approved official redress providers says companies operating in the Rent-to-Rent sector should be obliged to join...

16 November 2017

From: Breaking News

Longer tenancies will require better contracts, says mortgage chief

The buy to let sector should prepare itself for issues which may arise if the government goes ahead with its intention...

16 November 2017

From: Breaking News

Developer offers ‘free management’ on selected new-builds

Barratt Homes’ London division is offering what it describes as ‘free property management’ on new-builds purchased at selected schemes and then...

16 November 2017

From: Breaking News

Lettings portal offering reference service bags £350,000 new investment

A portal which allows renters to review their lettings experiences and which encourages agents to buy and download tenants' references has...

15 November 2017

From: Breaking News

BTL mortgage market strong despite recent regulation changes

The autumn's Prudential Regulation Authority changes, coupled with months of rate rise predictions, seem to have had little effect on the cost of...

15 November 2017

From: Breaking News

Build To Rent sector now consists of almost 100,000 units

Latest figures suggest that there are almost 100,000 Build To Rent units either completed, under construction or awaiting planning permission across the...

15 November 2017

From: Breaking News

London council invites agents to briefing on additional licensing scheme

A London council is inviting letting agents in its boundaries to a briefing session tomorrow morning ahead of the introducing of an...

15 November 2017

From: Breaking News

Ombudsman launches latest phase of clampdown on rogue lettings agents

The Property Ombudsman scheme has launched the third and latest phase of its national campaign with the Chartered Trading Standards Institute...

14 November 2017

From: Breaking News

Council sets up lettings agency - and pays landlords £1,200 to join

A Welsh local authority is offering a cash payment of up to £1,200 to landlords who join a quasi-letting agency run...

14 November 2017

From: Breaking News

Connells company acquires agency handling 800 lettings properties

Wales’ largest agency, Peter Alan, has acquired Roberts & Co Property Management Limited, a Newport company that manages 800 units.  The acquisition...

14 November 2017

From: Breaking News

Massive rise in pensioners who rent privately, warns pressure group

The pressure group Generation Rent - often identified with highlighting issues concerning young tenants - is now warning of a massive...

14 November 2017

From: Breaking News

Average rent up only 1.5 pr cent in past year says The DPS

The average UK rent increased just £11.55 or 1.51 per cent over the last year according to The Deposit Protection Service. The new DPS...

14 November 2017

From: Breaking News

Countrywide reports big rise in landlords who buy in cash

A record 65 per cent of landlord purchases over the last 12 months were made by cash buyers according to Countrywide. In the...

13 November 2017

From: Breaking News

Cap could push typical deposits to £1,400 - claim

The government's plan to cap tenancy deposits at six weeks rent threatens to cost Britain’s renters an average of £1391 –...

13 November 2017

From: Breaking News

Security app warns if agents on viewings miss deadlines

A new app has been launched with the aim of offering extra security to lettings and estate agents and other sole...

13 November 2017

From: Breaking News

London rents slip back as Midlands and Wales see strongest growth

The annual rate of rental growth slowed between September and October according to Countrywide. The cost of the average new let in...

13 November 2017

From: Breaking News

The will is there to provide longer tenancies, says trade body

The will exists in the private rental sector to provide the longer term tenancies advocated by the government, says a trade...

10 November 2017

From: Breaking News

Rare event - council decides not to agree lettings licensing scheme

The National Landlords Association reports that Bournemouth council has taken the unusual step of rejecting a proposal to introduce a landlord licensing...

10 November 2017

From: Breaking News

KFH appointed to manage London Build To Rent scheme

Kinleigh Folkard & Hayward has been appointed joint agent and sole lettings manager for Britannia Point, a 182 unit Build To Rent...

10 November 2017

From: Breaking News

More Prime Central London woe - rents are still falling

The story of falling sale prices in prime central London has become familiar in the past year; now Knight Frank reports...

10 November 2017

From: Breaking News

New rental sector consultation - smoke and carbon monoxide alarms

Yet another formal government consultation is under way, this time into smoke and carbon monoxide alarms in the private rental sector...

09 November 2017

From: Breaking News

Rents still rising but rate of growth slows significantly

Average rents across the UK rose a modest 0.9 per cent in the year to October, taking the country's average to...

09 November 2017

From: Breaking News

Lettings management platform secures over $1m new investment

No Agent, a platform for landlords which says circumnavigates the need for letting agents, has announced $1.1m in investment - around...

09 November 2017

From: Breaking News

Belvoir's Northwood makes five more portfolio acquisitions

Northwood, a wholly owned subsidiary of Belvoir, has made five portfolio acquisitions in the past two months. At the end of August, Belvoir...

09 November 2017

From: Breaking News

ARLA explains why tenants don't always get deposits returned

ARLA has set out the main reasons why tenants don't get their deposits back in every case.   A survey of its members...

09 November 2017

From: Breaking News

Technology is the key to growing business, letting agents told

A prominent PropTech company chief has repeated his claim that old-fashioned methods of business administration could be prohibiting letting agents from...

08 November 2017

From: Breaking News

Exclusive London lets have a special extra - a private club

A Mayfair lettings agency has taken on two new rental properties with an unusual perk for the tenant - private club...

08 November 2017

From: Breaking News

Children In Need - if you're supporting it, please let us know!

It's now less than 10 days before the BBC's annual Children In Need charity fund-raising event.  We all support the charity's great...

08 November 2017

From: Breaking News

£12,000 fine for illegally letting out London basement

A buy to let investor has been fined over £12,000 for illegally renting out a basement underneath an outbuilding at his...

08 November 2017

From: Breaking News

Newspaper-backed online site aims to bypass lettings agencies

A new online service backed by newspaper publisher Trinity Mirror says it wants to enable tenants to bypass lettings agents. HomeRenter offers what...

07 November 2017

From: Breaking News

Drug dealer's business seized after letting agent tips off police

Police officers have seized well over £6,000 worth of cannabis and drug manufacturing equipment after being tipped off by a letting...

07 November 2017

From: Breaking News

Belvoir shakes off merger rebuff with high-profile award

Belvoir Lettings, the UK's largest property franchise, has been named as Franchise of the Year at the Negotiator Awards.  Belvoir has been...

07 November 2017

From: Breaking News

Trade body wants clearer lines of responsibility for fire safety

An industry trade group says residents in high rise blocks of flats are being let down by a system in which...

07 November 2017

From: Breaking News

ARLA wants agents to lobby MPs in campaign against fees ban

The Association of Residential Letting Agents has taken the unusual step of making a fact sheet available to all agents, not...

06 November 2017

From: Breaking News

Some student rents have risen 18% in just a year, claims agent

Student rents in some parts of the country have risen by as much as 18 per cent in the past year...

06 November 2017

From: Breaking News

Deposit cap: Mayor repeats claim that government bottled it

London’s Labour Mayor, Sadiq Khan, has repeated his criticism of the government’s decision to cap security deposits at the level of...

06 November 2017

From: Breaking News

Survey gives insight into dangers of carbon monoxide

Four people are treated for carbon monoxide poisoning in the UK every day - but 58 per cent of the population...

06 November 2017

From: Breaking News

Mandatory agents' training: Agency groups back government proposal

Agency groups have spoken in favour of the government’s call for letting agents to be trained as a mandatory part of...

03 November 2017

From: Breaking News

London's rental market to outperform sales long-term, says Savills

Rental growth is forecast to exceed house price growth in London, despite a glut of properties on the lettings market in...

03 November 2017

From: Breaking News

Fees Ban: anti-deposit campaigner unconvinced by criminal sanctions

Campaigning lettings agency chief Ajay Jagota says he is unconvinced by government plans to make it a criminal offence for letting...

03 November 2017

From: Breaking News

London Bishops call for greater protection for private sector tenants

London Bishops have written to housing minister Alok Sharma calling on him to do more to protect vulnerable private tenants. The Bishops...

03 November 2017

From: Breaking News

Fees Ban: 50 per cent of those responding to consultation were tenants

The controversial consultation period undertaken by the government in support of its proposed ban on letting agents’ fees levied on tenants...

02 November 2017

From: Breaking News

Agents urged to sign petition demanding mandatory inventories

Letting agents and landlords are being urged by a trade body to sign a petition calling on the government to make...

02 November 2017

From: Breaking News

Criticism of ban and deposit cap; support for client money protection

Trade organisatons have reacted predictably to the government’s latest announcements and publications concerning the private rental sector. Yesterday the Department of Communities...

02 November 2017

From: Breaking News

Nationwide warns that Brexit could cut demand for rental units

The Nationwide has set out a comprehensive study of how migrstion impacts on housing demand in the UK, especially in the...

02 November 2017

From: Breaking News

Lettings market to benefit from first time buyers' inexperience

The private rental sector is likely to benefit as a result of first time buyers’ lack of understanding of the timings,...

02 November 2017

From: Breaking News

Letting agents must undergo training, government consultation reveals

The government has announced that all letting agents will be required to “satisfy minimum training requirements” in order to trade. The provision...

01 November 2017

From: Breaking News

Letting Agents' Fees Ban: draft Bill published today

The draft Bill to ban letting agents’ fees levied on tenants has been published - it’s to be called the Tenants’...

01 November 2017

From: Breaking News

'Prepare for retaliatory eviction disputes' urges legal expert

A leading legal expert specialising in the private rental market says the sector should set up basic procedures to protect against...

01 November 2017

From: Breaking News

New director aims to boost Your Move and Reeds Rains lettings

The managing director of LSL’s Corporate Client Department has been appointed as National Lettings and Franchise Director for Your Move and...

01 November 2017

From: Breaking News

Family-run agency threatened by fees ban turns to PropTech

A family-run lettings agency says its viability is seriously threatened by the likely fees ban to be introduced in 2018 -...

01 November 2017

From: Breaking News

Agency spills the beans on the most common deposit disputes

A study by the Romans lettings agency group has highlighted common issues cited by agents and landlords deducting funds from a...

01 November 2017

From: Breaking News

Lawyers and MP draft Bill to give more repair powers to tenants

The Law Society Gazette has given more details of a Parliamentary Bill in preparation to give more powers to tenants to...

31 October 2017

From: Breaking News

Councils accused of inadequately policing private rental sector

Almost 60 per cent of councils across Britain have not prosecuted any landlord for any offence in the past year according...

31 October 2017

From: Breaking News

Buy To Let lender targeting Airbnb and holiday lets investors

The specialist property investment lender Together is diversifying its product range to cater for investors who want to let out their...

31 October 2017

From: Breaking News

Higher mortgage costs are the latest blow to buy to let sector

A leading independent mortgage market monitor is warning that increases in mortgage costs are now proving the latest blow to the...

31 October 2017

From: Breaking News

Controversial review site claims to be able to identify 'bad agents'

A controversial review website which says it can be used to identify “good (and bad) letting agents” claims that its aim...

30 October 2017

From: Breaking News

Airbnb pushes up rents and house prices, claims new survey

What is believed to be the first-ever study of Airbnb’s effects on house prices - not just rents - suggests the...

30 October 2017

From: Breaking News

Deposits held in protection schemes now total over £4.1 billion

A campaigning letting agent says that at the start of this financial year the total cash value of deposits held in...

30 October 2017

From: Breaking News

Theresa May is a buy to let landlord earning £10,000 a year

It’s been reported that Theresa May and her husband Philip jointly own a London apartment which is now let out and...

30 October 2017

From: Breaking News

Online agency boss backs insurance-based alternatives to deposits

Online lettings agency Upad says landlords are concerned that insurance-based alternatives to traditional deposit schemes may not cover them for repairs...

27 October 2017

From: Breaking News

Recent increase in average rents now at an end, says ARLA

After several months of rising rent costs, the number of letting agents who saw landlords increasing prices for tenants fell substantially...

27 October 2017

From: Breaking News

Another call on government for leaseholders to get fair treatment

It is 50 years since the Leasehold Reform Act 1967 became law and now a firm speciaising in enfranchisement extension wants the government...

27 October 2017

From: Breaking News

Free seminar for agents on sub-letting and rental sector changes

A leading legal firm is staging a free and interactive seminar on sub-letting, aimed at letting agents. The event takes place on...

27 October 2017

From: Breaking News

Two acquisitions in 24 hours for speedy Leaders Romans Group

The Leaders Romans Group is continuing on the acquisition trail with two more deals within 24 hours.   On Tuesday the company acquired...

26 October 2017

From: Breaking News

Concern that Client Money Protection pledge may be forgotten

Kitemark-style scheme SAFEagent is calling on the government to ensure plans to make Client Money Protection schemes mandatory are not ignored...

26 October 2017

From: Breaking News

'Help the rental sector solve the housing crisis' Chancellor is told

A leading accountancy and business advice consultancy says residential landlords who want to downsize their portfolios because of recent tax changes...

26 October 2017

From: Breaking News

Student rental block purchased after largest-ever crowdfunding

A rental investment platform is claiming to have succeeded with the world’s largest property crowdfunding exercise, raising £2,992,800. Property Partner says it...

26 October 2017

From: Breaking News

MPs take up call to bring the homeless into private renting

MPs from the cross-party Parliamentary Group for Ending Homelessness have spoken out on the need to help homeless people into the...

26 October 2017

From: Breaking News

Right To Rent: independent 'inspection' of scheme announced

The Independent Chief Inspector of Borders and Immigration has started what is described as an official inspection of Right To Rent. Legislation...

25 October 2017

From: Breaking News

Illegal eviction of tenant leads to 12-month Community Service Order

A local authority has prosecuted a landlord for illegally evicting a tenant. Tendring district council prosecuted Lisa Bottone of Chelmsford who admitted...

25 October 2017

From: Breaking News

Prime rental market strengthens in Home Counties, says agency

The typical rent of a prime Home Counties property rose by 1.2 per cent in the third quarter of this year,...

25 October 2017

From: Breaking News

Countrywide gets its Mojo back with latest online venture

Countrywide is reported to be launching its next online offer - a mortgage brokerage called Mojo Mortgages - early next year. The...

25 October 2017

From: Breaking News

'Top Slicing' mortgages may allow more lettings sector borrowing

Consumer organisation Which? says a handful of buy to let mortgage lenders have found a way of helping so-called ‘portfolio landlords’...

24 October 2017

From: Breaking News

Agency in merger battle claims above-average tenancy duration

EweMove - the online agency which is at the centre of a merger battle between its parent company and a rival...

24 October 2017

From: Breaking News

Build To Rent operator moves to no-fees model for London scheme

Build To Rent developer Be says it is moving to a no-fees model for its development at Hayes in west London....

24 October 2017

From: Breaking News

Agency urges more maintenance to avoid tenants' winter gripes

An online agency is urging landlords to try to avoid unnecessary voids or tenant gripes by preparing their investment properties for...

24 October 2017

From: Breaking News

'Ethical crowdfunding' site to invest only in debt-free buy to lets

A crowdfunding site describing itself as an ‘ethical investment platform’ is the first international crowdfunder to enable investment in debt-free buy...

24 October 2017

From: Breaking News

MPs today debate whether rent should contribute to credit scores

MPs are today going to debate whether rent payments should be included when calculating credit scores to support tenants wanting to...

23 October 2017

From: Breaking News

Agents must back government lettings plans says PropTech boss

PropTech company PayProp says the government’s outline proposal for greater regulation of the private rental sector should be treated as good...

23 October 2017

From: Breaking News

Five weeks before one of lettings sector's biggest ever rule changes

One of the most dramatic changes in the UK’s private rental sector regulations is set to take place in five weeks...

23 October 2017

From: Breaking News

Mortgage interest change particularly hits large-portfolio BTL investors

New analysis shows how the phasing out of mortgage interest tax relief for buy to let investors may prove a particular...

23 October 2017

From: Breaking News

Crooked agents and landlords steal nearly £850,000 - and counting

A lettings agency chief who monitors legal action against rogue agencies and landlords says almost £850,000 of deposits have been stolen...

20 October 2017

From: Breaking News

Just 20% of private rental units accept Universal Credit tenants

Only two out of every 10 private rental sector landlords say they are willing to let to tenants in receipt of...

20 October 2017

From: Breaking News

Major leasehold firm welcomes possible watchdog for lettings

Leasehold enfranchisement specialist operator Leasehold Solutions is the latest to welcome the government’s suggestion of a regulatory watchdog to oversee leasehold...

20 October 2017

From: Breaking News

Halloween - we want your blood-curdling photographs please...

You may think there are enough horror stories going around the agency industry and Britain as a whole right now -...

20 October 2017

From: Breaking News

Agency hosting seminar on challenging London lettings sector

London lettings agency Portico is working with a trade body to organise a seminar on what it admits is the “challenging”...

20 October 2017

From: Breaking News

Industry welcomes government call for greater lettings regulation

Industry figures have broadly welcomed the latest consultations and proposed additional regulation for the lettings sector, announced by the government yesterday.   The...

19 October 2017

From: Breaking News

Cabinet minister urges UK-wide action against lettings agents' fees

The Secretary of State for Wales has called on the Welsh Government to take measures against what he calls “unjust fees...

19 October 2017

From: Breaking News

Firm urges agents to diversify with property management franchises

One of the industry’s largest brands, The SDL Group, is launching a new division offering franchise opportunities for property managers.   SDL Property...

19 October 2017

From: Breaking News

Biggest-ever fine for failure to secure buy to let licence

Four landlords have been fined and ordered to pay costs totalling £232,155.68 in the first prosecutions of its kind brought by...

19 October 2017

From: Breaking News

Government considering new regulatory body for leasehold rentals

Plans for new measures regarding leasehold tenancies to help create “a fairer property management system that works for everyone” have been...

18 October 2017

From: Breaking News

MEES: government issues hefty 95-page guidelines for lettings sector

The government has published long-awaited guidelines for the implementation of Minimum Energy Efficiency Standards in the private rental sector.   The hefty 95-page...

18 October 2017

From: Breaking News

Lettings agencies to be awarded 'star ratings' in new review process

Newham council in London has published the UK’s first ever ratings scheme for letting agents, in which firms receive anything from...

18 October 2017

From: Breaking News

Consultation launched on 'Fitness for Human Habitation' rental rules

The Welsh Government has launched a consultation on draft regulations and guidance to implement the Fitness for Human Habitation requirements for...

18 October 2017

From: Breaking News

No surprise: 88% of tenants say cost is key in deciding where to rent

A survey suggests no fewer than 88 per cent of tenants regard cost as the most important deciding factor when choosing...

18 October 2017

From: Breaking News

Right To Rent fuelling massive ID fraud, BBC investigation reveals

The BBC says Right To Rent legislation is fuelling a burgeoning market in fake IDs - in some cases creating access...

17 October 2017

From: Breaking News

London online lettings agency secures £100,000 crowdfunding investment

Online lettings and sales agency Vesper Homes says the £100,000 investment secured via crowdfunding will create “a significantly enhanced user experience...

17 October 2017

From: Breaking News

Country agency that opened surprise London office names lettings chief

Humberts, the country agency which raised eyebrows earlier this year by announcing it was to open an office in prime central...

17 October 2017

From: Breaking News

'Deposit Passports' won't change key rental problems, warns agent

A campaigning lettings agent says proposals to allow renters to transfer tenancy deposits between properties are to be welcomed – but...

17 October 2017

From: Breaking News

Last chance for agents to shape digital future of the industry

This is a final call for estate and letting agents to have a say on what may be one of the...

17 October 2017

From: Breaking News

Gambling addict lettings agent who stole thousands is jailed

A lettings agent who stole thousands of pounds collected from tenants has been jailed for 20 months. Kent Online reports that gambling...

16 October 2017

From: Breaking News

Agency probed by Trading Standards after complaints by tenants

A London letting agency with connections to Westminster council is now being investigated by the same council’s trading standards department. CityWest Homes...

16 October 2017

From: Breaking News

Countrywide reports record exodus of private tenants from London

Countrywide says a record 64,672 tenants left London over the last 12 months with an unusually-high proportion going on to rent elsewhere. Some...

16 October 2017

From: Breaking News

Info for agents: This is how to tell MPs about reform of rental sector

Agents have until November 24 - two days after the next Budget - to submit evidence to the latest probe into...

16 October 2017

From: Breaking News

Online agency wants landlord clients to give it social media publicity

An online agency aimed at the student market is launching a sister service for the mainstream rental sector.  ClickTenant - set up...

16 October 2017

From: Breaking News

MPs launch new probe into private rental sector regulation

The powerful and all-party Communities & Local Government Select Committee of MPs has launched a new enquiry into improving the quality...

13 October 2017

From: Breaking News

Call for carbon monoxide alarms to be fitted in all properties to let

Almost a third of renters in the UK do not have a life-saving carbon monoxide alarm in their property, with four...

13 October 2017

From: Breaking News

Overseas students key for prime central London lettings sector

The rental market in parts of prime central London is becoming increasingly dominated by well-funded overseas students, according to a leading...

13 October 2017

From: Breaking News

Agency group takes a stake in new digital mortgage service

LSL Property Services, which owns Your Move and Reeds Rains lettings and estate agencies, is investing in an online buy to...

13 October 2017

From: Breaking News

Welsh private rental sector may contract next year, warns trade body

The private rental sector in Wales is at risk of contracting next year, warns the Residential Landlords’ Association.   RLA Wales policy officer...

13 October 2017

From: Breaking News

ARLA's 10-point guide for renters - with the emphasis on agents

The Association of Residential Letting Agents has issued a 10 point guide for tenants - with the emphasis very much on...

13 October 2017

From: Breaking News

Another big rise in buy to let mortgage lending to companies

There’s been another large increase in the number of buy to let mortgages sought by limited companies - they accounted for...

12 October 2017

From: Breaking News

Ex-Countrywide man joins fast-expanding Nick Dunning Associates

The fast-expanding Nick Dunning Associates - which acquired London agency Stirling Ackroyd over the summer - has strengthened its leadership team...

12 October 2017

From: Breaking News

RICS says lettings market looks subdued in the near-term

Interest from prospective tenants edged up during September according to the Royal Institution of Chartered Surveyors.    Of agent members who responded to...

12 October 2017

From: Breaking News

Equity Release operator ramps up pitch for buy to let business

Equity release firm Retirement Advantage - which recently launched two new products aimed at buy to let operators aged 55 and...

12 October 2017

From: Breaking News

Clampdown on rogue agents and landlords welcomed by PropTech firm

PropTech firm PayProp has welcomed the latest measures to clamp down on rogue elements within the lettings industry - but warns...

11 October 2017

From: Breaking News

MEES fundamentally flawed for heritage properties, claims group

The CLA says the energy efficiency regulations for the lettings sector coming into effect in April are “fundamentally flawed” when it...

11 October 2017

From: Breaking News

PropTech firm teclet is latest category partner for The ESTAS 2018

PropTech firm teclet has been announced as a main category partner for the 15th annual ESTAS Estate and Letting Agent Awards...

11 October 2017

From: Breaking News

Prime central London rents down 3% and gross yield just 3.2%

Average rental values fell three per cent in the year to September 2017 according to Knight Frank.   This decline is the smallest...

11 October 2017

From: Breaking News

Van parked in residential street advertised To Let at £200 a month

A yellow minibus-style van parked in a residential street has been advertised on small ads site Gumtree as being to let for...

10 October 2017

From: Breaking News

New rent rises 'could be landlords passing on charges' says HomeLet

Rents in the UK rose by an average of 2.1 per cent during September according to HomeLet.   HomeLet says last month’s rise continues...

10 October 2017

From: Breaking News

Letting agents - how are you coping with digital modernisation?

Angels Media and a property technology consultancy are joining forces to conduct the first-ever survey into how agents and other property...

10 October 2017

From: Breaking News

One of buy to let's most famous mortgage firms is rebranding

One of the industry’s best known buy to let lenders, Paragon, is combining its Mortgage Trust and Paragon Mortgages product ranges...

10 October 2017

From: Breaking News

Rents fall and void periods lengthen as supply starts to exceed demand

Rents outside of London have dropped by 0.2 per cent in the third quarter of this year according to new data...

09 October 2017

From: Breaking News

Fast-growing lettings and estate agency snap up city independent

Manchester city centre-based agency Ascend Properties has acquired local independent company Living Quarter. The deal will see Ascend’s number of managed properties...

09 October 2017

From: Breaking News

Revealed - key ways renters break their tenancy agreements

A strong majority of tenants admit that they have broken tenancy rules in at least one significant way. A study for interiors...

09 October 2017

From: Breaking News

Insurance specialist warns of fire dangers in student accommodation

A lettings insurance specialist company is warning that students moving into private rental accommodation may pose a greater-than-average risk of fire. Total...

09 October 2017

From: Breaking News

Crooked ex-lettings agent conned five other agencies into releasing keys

A former lettings agent stole thousands of pounds worth of cash and personal items from homes after conning other agents into...

06 October 2017

From: Breaking News

Over 90% of tenants not currently looking to buy, says agency

A tenant survey conducted by an online letting agent suggests that almost nine out of 10 tenants are not currently looking...

06 October 2017

From: Breaking News

Equity release 'could help portfolio landlords hit by new rules'

Portfolio landlords unable to borrow or contemplating selling because of new Prudential Regulation Authority rules are being urged to consider equity...

06 October 2017

From: Breaking News

Agency boss on fraud and money laundering charges is re-bailed until 2018

The director of a Plymouth letting agency has been re-bailed and will appear in court again in January.    Heather Crabb, owner of...

05 October 2017

From: Breaking News

Agents must communicate better with landlords and tenants says BTL expert

A leading buy to let expert is calling on agents to work more closely with landlords and tenants to improve communications...

05 October 2017

From: Breaking News

Extra affordable housing cash may help clean up private rental sector - claim

The National Landlords’ Association says the extra £2 billion in funding made available by the government for additional affordable housing may...

05 October 2017

From: Breaking News

Council forces planning consent for HMO buy to let conversions

Greenwich is the latest council to make it compulsory for planning consent to be given before converting homes into Houses in...

05 October 2017

From: Breaking News

Under-35s pay approaching half the UK's total rent bill, says Savills

The increasing number of renters and low interest rates for existing home owners mean that the total rent bill is now...

04 October 2017

From: Breaking News

Fixflo's ARLA deal allows agents to build tenancy contracts from scratch

Fixflo has teamed up with ARLA Propertymarket to launch a new Tenancy Builder tool to enable agents to easily build tenancy...

04 October 2017

From: Breaking News

Regional agency chain acquires city-based independent firm

A Leicestershire agency chain has acquired a rival Leicester-based independent.  Whitegates, which has offices in Loughborough, Mountsorrel and central Leicester, has acquired...

04 October 2017

From: Breaking News

One in 20 lettings properties would fail new energy standard - claim

One in 20 lettings properties breach minimum standards set to come into force next April, according to a survey for an insurance...

04 October 2017

From: Breaking News

Industry broadly welcomes new regulation but 'devil is in the detail'

The Association of Residential Letting Agents has welcomed the government commitment to introduce regulation for agencies - but it is warning...

03 October 2017

From: Breaking News

Council back on warpath fining agency for unauthorised boards

Letting agency Saxons has been fined more than £3,000 after pleading guilty to the offence of displaying an unauthorised To Let...

03 October 2017

From: Breaking News

Lettings company fined £200,000 over dangerous properties

A property company and a landlord have been fined over £200,000 after being accused of putting tenants’ lives in danger by...

03 October 2017

From: Breaking News

PropTech: Insurer Direct Line invests in deposit-alternative start-up

The insurance group Direct Line says it is taking a 15 per cent equity stake in Canopy, an ‘alternative deposit’ company.    Canopy...

03 October 2017

From: Breaking News

Here we go again: Tories unveil slew of new controls for private rental sector

The Conservatives have used their annual conference in Manchester to unveil a raft of new controls and regulations applying to the...

02 October 2017

From: Breaking News

Labour's rent controls - more details emerge of how they would apply

The shadow housing minister, John Healey, has started to flesh out the details of Labour's proposed rent controls, announced by Jeremy...

02 October 2017

From: Breaking News

Half of tenants have stayed for five years or more, survey reveals

A new survey by a property insurance firm suggests more than half of private rental sector tenants have remained in the same...

02 October 2017

From: Breaking News

Massive £340,000 bill after illegal conversion of houses into bedsits

A buy to let investor reported to be receiving rental income of £150,000 a year must pay over £340,000 after illegally...

02 October 2017

From: Breaking News

Agent says landlords must improve offer to compete for students

Online lettings agency Upad says that with the volume of purpose-built student accommodation set to increase 17 per cent this year,...

02 October 2017

From: Breaking News

Surprise as Shelter queries whether rent controls would really work

The housing charity Shelter - which in recent years has been aggressively critical of letting agencies and landlords in the private...

29 September 2017

From: Breaking News

Another consumer group urges ban on agents' fees on tenants

Pressure from the consumer lobby is building for the introduction of a ban on letting agents’ fees levied on tenants -...

29 September 2017

From: Breaking News

Mortgage boss warns some BTL applications 'could take three months'

The mortgage director of Romans, one of the country’s largest agency groups, says the new Bank of England rules being introduced...

29 September 2017

From: Breaking News

Rents still slowly rising according to latest Your Move data

Latest data from Your Move’s rental indices suggest that rents are growing, with the average in England and Wales now £904,...

29 September 2017

From: Breaking News

Many agents and landlords seek only high-salary tenants - claim

Even those earning average salaries risk being priced out of the lettings market by high rents according to an insurance agency.    Research...

29 September 2017

From: Breaking News

Industry anger erupts at Corbyn's pledge to introduce rent controls

Trade groups have reacted angrily to Labour’s proposal to introduce rent controls if the party enters government.   The announcement, made by Labour...

28 September 2017

From: Breaking News

Agent fined £75,000 over rat-infested over-crowded HMO

A letting agent named in a case concerning a rat-infested House in Multiple Occupation in Leytonstone, East London, has been fined...

28 September 2017

From: Breaking News

Build To Rent will never meet demand by tenants, government told

A trade body says the expanding Build To Rent sector will never be large enough to meet tenant demand and as...

28 September 2017

From: Breaking News

Fine for BTL investor after unlicensed HMO was let to disabled

A landlord has been fined a total of £7,298 for operating an unlicensed house in multiple occupation in Oxford that was...

28 September 2017

From: Breaking News

Corbyn commits Labour to introducing rent controls

Jeremy Corbyn has used his leader’s speech at the end of this week’s Labour conference in Brighton to commit the party...

27 September 2017

From: Breaking News

Exclusive: new bid by lettings chiefs to create industry-wide regulation

Letting Agent Today understands that senior industry figures are working on the framework of a new attempt at regulation, including measures...

27 September 2017

From: Breaking News

Agency amends advert after complaint about missing VAT figure

An estate agency in Bournemouth has amended an advertisement after a complaint to a watchdog about the absence of any reference...

27 September 2017

From: Breaking News

Some rents still rising in bid to counter tax and policy changes

The number of letting agents who saw landlords increasing rent costs for tenants rose to 35 per cent in August according...

27 September 2017

From: Breaking News

Agents told they can minimise impact of fees ban - if they act now

Letting agents are being warned that they can minimise the impact of the fees ban levied on tenants by being proactive...

27 September 2017

From: Breaking News

Romans back on the acquisition trail and looking for volunteers...

Romans - part of the leading property company, The Leaders Romans Group - is on the acquisition trail again.    Between 2013 and...

27 September 2017

From: Breaking News

Trading Standards to visit letting agents today as new clampdown begins

Trading Standards says representatives from 15 departments will today visit lettings and property management firms across London in a bid to...

26 September 2017

From: Breaking News

Lettings agency director banned from office after 'diverting' £900,000

The director of a lettings company has been banned from holding company office for eight years following the revelation that he...

26 September 2017

From: Breaking News

Rental sector unprepared for tax changes, accountancy firm warns

A leading accounting and advisory service says key tax changes that could damage the buy to let sector are still not...

26 September 2017

From: Breaking News

Letting agency fined after student property breached HMO rules

Letting agency Spicerhaart has been fined £2,670 after pleading guilty to operating an unlicensed house in multiple occupation.   A prosecution was brought...

26 September 2017

From: Breaking News

Almost 40% of tenants in blocks have seen fire doors left open

A survey of 1,000 tenants in blocks of flats conducted on behalf of London Fire Brigade reveals that almost 40 per...

26 September 2017

From: Breaking News

Treasury told: 'Reform Capital Gains Tax to help lettings sector'

The National Landlords’ Association appears to be first off the starting blocks with its submission to government ahead of the next...

25 September 2017

From: Breaking News

Pensioners should 'think twice' before committing to property investment

A leading figure in the buy to let broker industry has called for would-be ‘pension pot’ landlords to seek advice before...

25 September 2017

From: Breaking News

Private tenants to have their rents returned after council intervenes

A landlord has been prosecuted and ordered to repay over £5,000 to his tenants for letting an unlicensed House of Multiple...

25 September 2017

From: Breaking News

Student accommodation rents static, says state-of-the-sector report

A new report into student accommodation has found that private student rent remains at an average of £100 to £119 a...

25 September 2017

From: Breaking News

ARLA wants government action on gas and carbon monoxide

The Association of Residential Letting Agents has thrown its weight behind Gas Safety Week, which runs until tomorrow.  “As Gas Safety Week...

22 September 2017

From: Breaking News

Agency and director fined after council acts over illegal advertising

A lettings agency and its director have been ordered to pay more than £2,500 in fines and costs for illegally advertising...

22 September 2017

From: Breaking News

Large regional agency continues to expand lettings division

Two new managers have been appointed by Yorkshire agency Dacre, Son & Hartley, as the firm’s lettings division continues to expand. Nadia...

22 September 2017

From: Breaking News

Chestertons short-let head to lead team at Airbnb management firm

Hostmaker, an Airbnb management company, has appointed ex-Chestertons manager Bradley Bartlett as its new head of corporate lets.  Bartlett, who was previously...

22 September 2017

From: Breaking News

Spike in new rental listings according to board company survey

  Agency Express says there has been a bounce in the number of new lettings listings across the UK.   Following unusually slow activity...

21 September 2017

From: Breaking News

Another London council tightening licensing for private rental sector

Greenwich is licensing all Houses in Multiple Occupation from October 1 - just the latest London council to tighten its private...

21 September 2017

From: Breaking News

Dawn raid finds shocking 35-man overcrowding in three-bed house

A dawn raid on a home in north London has discovered 35 men bedding down on mattresses in every room except...

21 September 2017

From: Breaking News

BTL owner fined for failing to improve condition of two apartments

A Scarborough buy to let investor has been found guilty of two offences under the Housing Act 2004 for non-compliance with...

21 September 2017

From: Breaking News

Fees much bigger worry than online agents, says state-of-the-sector report

Repairs software provider Fixflo has issued its annual state-of-the-lettings-industry report - with fees the biggest concern to letting agents.   Some 42 per...

20 September 2017

From: Breaking News

Trade body urges government rethink on security deposit cap

Housing minister Alok Sharma has been told face to face that he should rethink the government's plans to cap security deposits...

20 September 2017

From: Breaking News

Labour wants councils to have more powers over private rental sector

Labour's housing spokesman has called on the government to give councils greater powers over the regulation of the private rental sector.   In...

20 September 2017

From: Breaking News

Agents urged to get behind Gas Safety Week and check appliances

NALS is urging letting agents and other property professionals to get behind Gas Safety Week, which runs until Friday,.    It says thousands...

20 September 2017

From: Breaking News

Which? warns BTL borrowers could be rejected for mortgages

Consumer group Which? is warning that buy to let investors with multiple properties in one locality could risk being turned down...

19 September 2017

From: Breaking News

Agents invited to free legal seminars on tenant eviction

A series of free legal events for letting agents and landlords is to launch this month with an advisory session on...

19 September 2017

From: Breaking News

Agents reminded to create professional inventories for student tenants

Letting agents are being reminded of the importance of independent and professionally compiled inventories for individual students as they start or...

19 September 2017

From: Breaking News

UK buy to let investors slipping down European league table

Yields from buy to let in the UK are now amongst the worst in Europe according to a new league table drawn...

19 September 2017

From: Breaking News

Countrywide and ARLA in 'Industry Alliance' to support lettings sector

The Nationwide Building Society says it is assembling what it calls ‘an industry alliance’ to support the increasingly-beleaguered private rental sector.   The...

18 September 2017

From: Breaking News

Rents rising 2.4% across the UK as London returns to growth

Rents in the UK rose by an average of 2.4 per cent during August - the highest rate of annual growth...

18 September 2017

From: Breaking News

Here's how much it costs to run one lettings property per year

New figures assembled by the Nationwide reveal precisely how much, on average, it costs to operate a privately rented property.    The numbers...

18 September 2017

From: Breaking News

Belvoir celebrates record number of franchise license renewals

Belvoir is reporting a record year for franchise license renewals in 2017 with 34 offices across the country celebrating a collective...

18 September 2017

From: Breaking News

Court imposes confiscation order of over £1m on disgraced letting agent

A former letting agent from Kettering has been ordered to pay a confiscation order of over £1m made under the Proceeds...

15 September 2017

From: Breaking News

Fees Ban confirmed - and you can calculate how much it'll cost you

Housing minister Alok Sharma has once again confirmed that the ban on lettings’ agents fees levied on tenants in England will...

15 September 2017

From: Breaking News

RICS warns new rules and tax changes will force out many landlords

Some 61 per cent of chartered surveyors believe there will be a net exodus of landlords over the coming year thanks...

15 September 2017

From: Breaking News

Foxtons: council wins appeal against 'administrative fees' term

A London council has won its appeal against Foxtons using the term “administration fees” in its lettings charges.    Back in 2015 Camden...

15 September 2017

From: Breaking News

Buy to let 'could become a car crash next month' - warning

The buy to let market risks becoming a car crash following the changes of lending rules for so-called portfolio landlords with...

15 September 2017

From: Breaking News

Housing minister rules out rent controls for rest of this parliament

Housing minister Alok Sharma has told a major residential conference that rent controls will definitely not be a policy of the...

14 September 2017

From: Breaking News

Council demands info on tenants for every week of the year

The local authority in Islington, north London, is attempting to close what it calls a loophole concerning private rental property and...

14 September 2017

From: Breaking News

Agents fail to conduct robust financial checks on tenants - claim

Letting agents have been accused of failing to carry out sufficient financial checks on prospective tenants.    Tenant referencing and insurance operator Landlord...

14 September 2017

From: Breaking News

London agency introducing 'ultra prime' lettings division

Rokstone has launched a new lettings division, operating out of the firm’s existing Marylebone offices and covering both short and long term...

14 September 2017

From: Breaking News

Industry supplier Hallmark rebranding as ITTRIA

Hallmark, which has been working with agents and property management firms for over a decade, has formally launched its new name...

14 September 2017

From: Breaking News

Student rental sector may suffer because of Brexit, agency warns

As applications from EU students to UK universities fall for the first time in six years, an over-supply of purpose-built student...

14 September 2017

From: Breaking News

Number of buy to let mortgage products surges to 1,725

The number of new buy to let mortgages available to investors has hit 1,725 - its highest point since 1,942 products...

13 September 2017

From: Breaking News

MEES: trade body wins £1.5m funding for lettings energy changes

The Residential Landlords Association has secured a £1.5m funding pot from energy company E.ON - the only such funding dedicated solely...

13 September 2017

From: Breaking News

Fees ban: agents can offset losses by streamlining processes

Letting agents across the UK must prepare now for a ban on fees charged to tenants says a PropTech company -...

13 September 2017

From: Breaking News

Universal Credit leading more tenants into arrears, warns trade body

Over a third of private landlords with tenants receiving Universal Credit say they are now in rent arrears, up by over...

13 September 2017

From: Breaking News

Agent removes website claim after advertising watchdog intervenes

Bob Parry Lettings, a north Wales agency, has removed a claim from its website concerning a plot of land, following a...

13 September 2017

From: Breaking News

Agent expelled from RICS after £25,000 taken from clients' accounts

The head of an estate and lettings agency has been expelled from the Royal Institution of Chartered Surveyors after admitting taking...

12 September 2017

From: Breaking News

Agency reports record figures for lettings in London and the regions

Carter Jonas has reported a record quarter across its lettings business in the period to August 2017. In London turnover was up...

12 September 2017

From: Breaking News

LSL unveils new partnership to strengthen Build To Rent activities

LSL Property Services’ new consultancy and management service for the Build To Rent sector - PRSim - has teamed up with...

12 September 2017

From: Breaking News

Council acts over cockroaches and overcrowding at rental property

A buy to let investor who kept 24 adults and children in what a local council calls “appalling conditions” has a...

12 September 2017

From: Breaking News

Countrywide says landlord numbers down but portfolio sizes are up

The number of landlords has fallen over the last two years despite a rise in supply of homes available to rent,...

11 September 2017

From: Breaking News

Inventory clerks say it's no surprise lettings complaints are surging

The Association of Independent Inventory Clerks says it is not surprised the majority of complaints made to The Property Redress Scheme...

11 September 2017

From: Breaking News

Campaigning agent renews attack on pro-deposit operators

Ajay Jagota, the north east agent known for his campaign against rental deposits, says recent initiatives by two deposit protection services...

11 September 2017

From: Breaking News

Rents edging up across Britain according to latest analysis

Average rents for newly-let property across Great Britain rose to £954 per month in August, reflecting a 1.6 per cent annual...

11 September 2017

From: Breaking News

Suspended jail sentence after failing to maintain gas appliances

A landlord from Cornwall has been fined after failing to maintain gas appliances at his rental properties in Launceston.   Truro Crown Court...

11 September 2017

From: Breaking News

Trade body seeks volunteers to discuss rental issues with government

A trade body is seeking volunteers to meet with government officials to discuss future initiatives for the private rental sector.    The volunteers...

08 September 2017

From: Breaking News

Agency survey says 66% of landlords undeterred by tax changes

A survey for online letting agency Upad claims that 66 per cent of landlords are not going to change their property...

08 September 2017

From: Breaking News

Agency chief says Build To Rent could help solve housing crisis

A respected letting agency research head says Build To Rent could be a significant step towards solving the overall shortage of...

08 September 2017

From: Breaking News

Solo graduates in London could spend 75% of pay on rent

Graduates sharing in London spend upwards of 45 per cent of their monthly take home pay on accommodation according to a...

08 September 2017

From: Breaking News

MPs wary of 'unintended consequences' of fees ban

The majority of MPs speaking at a House of Commons debate yesterday acknowledged they are wary of the 'unintended consequences' of...

07 September 2017

From: Breaking News

Right to Rent: Brexit is making it harder for EU tenants

Almost a fifth of landlords say they are now less likely to let to EU nationals or people from the European...

07 September 2017

From: Breaking News

Landlords favour fee cap as MPs push for blanket ban

The majority of landlords still believe that a cap on letting agent fees will be more effective than an outright ban,...

07 September 2017

From: Breaking News

Third of tenants can't imagine ever owning a home

A third of tenants can't imagine ever taking their first step on the property ladder and owning their own home. This is...

07 September 2017

From: Breaking News

MPs set to debate letting agent fee ban in House of Commons

A Westminster Hall debate for MPs on letting agent fees will take place this morning in the House of Commons. The debate...

06 September 2017

From: Breaking News

'Poor enforcement of fee display is letting down tenants' - RLA

The government is being urged by the Residential Landlords Association (RLA) to do more to enforce compulsory fee disclosure. Since May 2015,...

06 September 2017

From: Breaking News

Belvoir posts impressive results, despite 'challenging' market

Belvoir, the UK's largest property franchise group, has reported an increase in profit and revenue in the first six months of...

06 September 2017

From: Breaking News

Rogue landlord given just three months to pay huge £300k fine

A landlord who was found guilty of illegally converting a hotel into 26 flats has been given three months to pay...

06 September 2017

From: Breaking News

TPO extends rogue letting agency's ban by four years

The Property Ombudsman scheme (TPO) has extended its expulsion of a letting agency by an additional four years. Premier Property Management, based...

05 September 2017

From: Breaking News

Fees ban: agents urged to switch to custodial schemes to offset losses

Letting agents using insured deposit protection schemes have been urged to switch to a custodial model in order to compensate for...

05 September 2017

From: Breaking News

Buy-to-let lending changes could result in rental stock surge

Changes to buy-to-let lending criteria being introduced at the end of this month could encourage a surge of rental stock as...

05 September 2017

From: Breaking News

Brexit: Agency expanding due to high demand from EU nationals

A London letting agency is opening a new branch thanks to continued high demand from EU nationals looking for rental property...

05 September 2017

From: Breaking News