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Fast-expanding agency reveals 10th acquisition in six years

Expanding agency group My Property Box has completed its 10th acquisition in six years, buying Teesside lettings and property investment specialist...

08 February 2024

From: Breaking News

Regional lettings group launches enhanced property management service

Arun Estates - parent company of 100 branches in south east England, including brands Cubitt & West, Douglas Allen, Pittis and...

08 February 2024

From: Breaking News

70 Not Out! Agency celebrates seven decades of service

Lettings and sales agency Gascoines is this week celebrating 70 years of serving the property market in Nottinghamshire. Founded by Doug Gascoine...

08 February 2024

From: Breaking News

Jailed! Agency owner who helped Albanian gang create huge drug empire

A wealthy landlord who set up a fake lettings agency in Hull has been jailed for 11 years for allowing ‘ghost tenants’ to...

07 February 2024

From: Breaking News

Lomond announces another regional rental portfolio acquisition

Lomond has snapped up another rental portfolio. It’s been acquired from the Rendall & Rittner Sales & Letting agency which had a...

07 February 2024

From: Breaking News

New ESTAS winners named in time for spring marketing campaigns

The ESTAS Group says its 2024 Best in Postcode Category Winners will be announced on April 26. This new category was announced...

07 February 2024

From: Breaking News

OnTheMarket president welcomes latest lettings agency  to drop Zoopla

Lettings agency Edward Mellor, which operates its 15 branches across Greater Manchester, has signed up to OnTheMarket. This follows the controversial CoStar...

07 February 2024

From: Breaking News

Build To Rent cheerleaders complain about slow planning consents

The British Property Federation claims the time required for Build To Rent planning applications has significantly increased over the past decade...

07 February 2024

From: Breaking News

AI - many agents are optimistic about Artificial Intelligence

Almost half of more than 400 letting agents quizzed for a new study have expressed their optimism about the impact of...

06 February 2024

From: Breaking News

High profile agency snaps up London independent

The Martyn Gerrard agency has acquired a London independent - Range Homes. Range Homes, based in the north London suburb of Palmers...

06 February 2024

From: Breaking News

MPs turn on Airbnb and other short lets

Prominent MPs from the Conservative and Liberal Democrat parties have renewed their onslaught on Airbnb and other short let platforms.  Former Lib...

06 February 2024

From: Breaking News

Heating Private Rental Properties - council claims EPC success

The number of private tenants in properties that are hard to heat has fallen, a council claims. As agents will know private...

06 February 2024

From: Breaking News

Government rules out council tax reform - no matter how unfair it is

The government has ruled out any reform to the council tax system. There has been long standing criticism of council tax because...

06 February 2024

From: Breaking News

Propertymark’s ringing endorsement for Material Information changes

Propertymark’s property auction division - NAVA - has given ringing endorsement to the Material Information changes demanded under new Trading Standards...

05 February 2024

From: Breaking News

Rents Shock - they’ve fallen for the past three months

New data released by insurance firm HomeLet claims that average rents have fallen now for three months on the bounce. The past...

05 February 2024

From: Breaking News

Political uncertainty suggests ongoing landlord exodus, says Knight Frank

Prime London rental values fell closer to their longer-term average in January, as supply continued to increase - but worries about...

05 February 2024

From: Breaking News

Agent says rents set to fall as economy returns to near-normal

A buying agent claims that rents could finally be tailing off despite some indices showing rises still taking place. According to Rightmove,...

05 February 2024

From: Breaking News

Irish agency snaps up UK independent lettings and sales firm

One of the Republic of Ireland's largest agency chains, Sherry Fitzgerald, has snapped up Belfast independent Simon Brien Residential, known as...

05 February 2024

From: Breaking News

Rightmove snaps up rental-focussed reviews website

A five year old consumer reviews website has been acquired by Rightmove. Homeviews was set up in 2019 and at the time...

02 February 2024

From: Breaking News

Former Foxtons boss to give masterclass on agents’ higher fees

The former Foxtons managing director Peter Rollings is to give agent a masterclass in obtaining higher lettings and sales fees. Rollings will...

02 February 2024

From: Breaking News

Union slams Bank decision as workers face high rents

A trades union has slammed the Bank of England over its decision to keep base rate at 5.25 per cent, saying...

02 February 2024

From: Breaking News

Voids and rents show market “isn’t cooling down anytime soon”

Rents have risen seven per cent in the past year while voids have lengthened in the past month - although remain...

02 February 2024

From: Breaking News

Tens of thousands of new homes built on flood plains, claims insurer

New analysis by insurance giant Aviva reveals that one in every 13 new homes built in England in the last decade...

02 February 2024

From: Breaking News

Experts want major reforms of EPCs and better trained assessors

The Building Research Establishment - which undertakes research, advice, training, testing, certification and standards-setting for the housing sector - is calling...

01 February 2024

From: Breaking News

Interest Rate Decision - all eyes on Bank of England

The Bank of England has kept its base rate at 5.25 per cent but markets forecast this will drop from the summer as...

01 February 2024

From: Breaking News

Wealthy tenants demand prime rental units ‘with highest spec’

A prominent lettings agency is advising landlords to fit out homes in prime locations to the same high specification as if...

01 February 2024

From: Breaking News

Stamp Duty slump is a pre-Budget blow for Chancellor

Stamp duty receipts dipped four per cent to £2.4 billion in Q3 of last year - no less than 25 per...

01 February 2024

From: Breaking News

Build To Rent investment rockets, focussed on major cities

The latest Build To Rent report prepared by lettings agency Savills claims 2023 saw a total of £4.5 billion of investment...

01 February 2024

From: Breaking News

New networking service aims to give property industry a louder voice

A new networking service for letting agents and all other property insiders, including landlords and investors, is being launched today by...

31 January 2024

From: Breaking News

Soaring population likely to trigger much higher rental demand

Government figures suggest the UK population could reach nearly 74m as soon as 2036, largely attributed to rising net migration. This is...

31 January 2024

From: Breaking News

Agents slam government for failing to win industry support for reform

The Renters Reform Bill cannot succeed without proper engagement with letting agents and landlords, Propertymark argues.    According to a Freedom of Information...

31 January 2024

From: Breaking News

Rent controls and EPC laws must be discussed with agents - Propertymark

Scottish councils must engage with letting agents and landlords if radical rental reforms have any chance of working. Propertymark argues that the...

31 January 2024

From: Breaking News

Third of agents seeing rent rises even at weakest time of year

Over a third of ARLA Propertymark members reported in December that rental prices have increased, according to their latest Housing Insight...

31 January 2024

From: Breaking News

British Homes for British Workers - Experts, activists unite in opposition

Seventeen housing organisations have sent an open letter to the government rejecting its idea of prioritising British families when it comes...

30 January 2024

From: Breaking News

Agent’s unique insight into “no end in sight” rental crisis

A managing partner at a letting agency has given an insight into the unique forces which he says is “strangling” the...

30 January 2024

From: Breaking News

Labour call for agents’ qualifications is “laughable and silly”

A law professor has dismissed a Labour call for agents to have qualifications as “eye poppingly silly” and “snobby.” Labour’s shadow housing...

30 January 2024

From: Breaking News

Over-50 year old first time buyers show significant increase

There were 12,000 first time buyers over the age of 50 in the UK in 2022, the latest figures available. This means...

30 January 2024

From: Breaking News

Built To Rent wins lavish praise from property management report

A property management firm claims that energy efficiency is apparently renters’ most important quality when choosing a place to live.  Centrick says...

30 January 2024

From: Breaking News

House builders overwhelmingly want Labour to win General Election

A Knight Frank survey of 50 house builders shows a staggering 70 per cent support for Labour to win the next...

29 January 2024

From: Breaking News

New Year Bounce - strong start to 2024 housing market says Zoopla

A return of pent-up demand and mortgage rates falling below five per cent have boosted the start of the year for...

29 January 2024

From: Breaking News

Is the government deliberately delaying the Renters Reform Bill?

The long-awaited Third Reading of the controversial Renters Reform Bill will not happen this week according to the Leader of the...

29 January 2024

From: Breaking News

Supply-Demand imbalance eases in prime areas - and rents stall

Savills says prime rental growth across London and the country has stalled for the first time in almost three years. In prime...

29 January 2024

From: Breaking News

Ex-ITN Journo to Address Agents’ Conference

A former Economics Editor and Chief Political Correspondent of ITN will be a keynote speaker at the Propertymark One conference in...

29 January 2024

From: Breaking News

Problem properties hit two thirds of renters, claim lettings group

Two thirds of private renters have experienced a problem with the quality or condition of their property in the past six...

26 January 2024

From: Breaking News

New buy to let city hotspot identified by insurance analysis

Glasgow has been revealed as the UK city with the biggest rise in the number of buy to let properties in...

26 January 2024

From: Breaking News

Rent rises slow to a trickle - new figures for London and beyond

The average advertised rent for new properties coming to market hits another new record outside of London of £1,280 per calendar...

26 January 2024

From: Breaking News

Foxtons heavily reliant on lettings to stay in the black

Foxtons’ unaudited end-of-year trading statement makes no bones about it - the lettings division saved the agency’s bacon in 2023. It suffered...

26 January 2024

From: Breaking News

Glut of long-term empty homes slammed as rental shortage continues

New research shows there are 36,210 long-term vacant homes across London - that’s around one in every 100 properties. The borough in...

26 January 2024

From: Breaking News

Agents List Radical Changes needed to Renters Reform Bill

Propertymark's latest research report suggests some letting agents want radical changes to the Renters Reform Bill now going through Parliament.  The aim...

25 January 2024

From: Breaking News

Council sets up own agency to let and manage private rentals

Winchester council is setting up its own agency to let and manage privately rented homes. Venta Living pledges to provide “high quality,...

25 January 2024

From: Breaking News

PropTech student lettings platform expanding further overseas

Student accommodation booking platform Housemates is expanding overseas. The expansion will cover several major Canadian cities including Toronto, Vancouver and Montreal. Currently Housemates...

25 January 2024

From: Breaking News

Labour bid to regulate agents welcomed by major industry body

The Property Institute has welcomed a Labour Party move to introduce the regulation of property agents across much of the sector. Tabled...

25 January 2024

From: Breaking News

Agency enters partnership with deposit alternative service

Reposit is the latest deposit alternative service to announce strategic partnerships with agencies - the latest signings are Symonds & Sampson,...

25 January 2024

From: Breaking News

Agents risking huge Right To Rent fines - free webinar to help

Propertymark is hosting a webinar where Scott Bailey - policy manager at the Home Office - will answer questions on Right...

24 January 2024

From: Breaking News

Government takes stake in property investment PropTech platform

The UK government has taken an equity stake in the rental investment platform Shojin through the conversion of a pandemic-era loan...

24 January 2024

From: Breaking News

Tory ex-housing ministers at war over Rishi Sunak’s premiership

Two former housing ministers are at war with each other after an attack on Rishi Sunak’s premiership in today’s Daily Telegraph. Sir...

24 January 2024

From: Breaking News

Huge rise in property tax for HMRC ahead of possible Budget change

Figures released by HMRC show that the Treasury raked in £5.7 billion in inheritance tax receipts in the nine months from...

24 January 2024

From: Breaking News

Mortgage experts predict boost in buy to let lending this year

Just under half of mortgage brokers expect to place more limited company buy-to-let business throughout the next 12 months, Paragon Bank...

24 January 2024

From: Breaking News

Growing agency group snaps up three regional agencies

Leaders Romans Group has acquired three major lettings, sales and surveying businesses operating multiple branches across London, Surrey, Oxfordshire and Gloucestershire. The...

23 January 2024

From: Breaking News

Thousands of lettings agencies in financial distress - new figures

Thousands of lettings and estate agencies, and other property businesses, are in ‘critical’ or ‘significant’ financial distress, it’s been claimed. The latest...

23 January 2024

From: Breaking News

London Mayor capping some student rents in the capital

Over £100m has been invested into a new site that will offer purpose b built accommodation for 713 students beds in...

23 January 2024

From: Breaking News

Foxtons’ internal data shows ‘balanced market’ likely this year

Foxtons’ internal lettings data shows that the 2024 lettings market in the capital is likely to be more balanced than in...

23 January 2024

From: Breaking News

Poor communication stops short let repeat bookings - claim

A new study claims holiday rental providers could increase business five fold or more through improved communication. The study asked more than...

23 January 2024

From: Breaking News

Fixflo parent firm links with automated client accounting engine

Aereon - a European software provider that owns high profile PropTech operator Fixflo - has entered a strategic partnership with automated...

23 January 2024

From: Breaking News

Row over government bid to turn renters into first time buyers

Controversy surrounds a government idea - floated over the weekend - to allow renters to secure mortgages with just one per...

22 January 2024

From: Breaking News

Right To Rent penalties soar from today - up to £20,000 fine

Fines for agents and landlords who breach Right To Rent rules increase today from £80 per lodger and £1,000 per occupier...

22 January 2024

From: Breaking News

Major agency group signs deal with deposit alternative supplier

Deposit alternative company flatfair has announced a major new agency partnership with the Andrews Property Group.  Andrews branches will be able to...

22 January 2024

From: Breaking News

Election Year political updates for agents from Propertymark

Propertymark’s monthly political and government update webinars are set to continue in 2024 - General Election year. A statement from the trade...

22 January 2024

From: Breaking News

Propertymark backs extending agency regulation and decent homes standard

Qualifications for property managers in the social housing sector should be extended to the private rental sector too. That’s the view of...

22 January 2024

From: Breaking News

Labour’s backdoor bid to regulate lettings and estate agents at last

Labour is using a Bill currently going through Parliament as a backdoor method to introduce the regulation of lettings, estate and...

19 January 2024

From: Breaking News

Double digit annual rent inflation for five quarters in a row

Average rents in Scotland for new tenancies in the private rented sector have risen by double digits for the fifth quarter...

19 January 2024

From: Breaking News

Unique lettings agent motivation event scores award success

An event which claims to change the fortunes of letting agents has been recognised by the Professional Speakers Academy. Agent Rainmaker Live...

19 January 2024

From: Breaking News

Huge £150m investment into student renting by financial services giant

Aviva Investors, the global asset management business of Aviva plc, has spent some £150m acquiring a portfolio of six Purpose Built...

19 January 2024

From: Breaking News

Budget 2024 - Just days left for agents to send ideas to Jeremy Hunt

Agents who want to put their arguments for lettings fiscal reform to the Chancellor have until 5pm next Wednesday to submit...

19 January 2024

From: Breaking News

End of ‘Covid tenancies’ boosts rental supply - agency’s analysis

There are more rental properties for tenants to choose from than any other time since Covid, according to London estate agency...

18 January 2024

From: Breaking News

Shock figures put interest rate cut on the back burner

There are growing fears that the hoped-for Bank of England base rate cut this spring - the first off possibly several...

18 January 2024

From: Breaking News

Rebrand for one of lettings industry’s best known suppliers

One of the lettings sector’s longest-standing suppliers - Mortgages for Business - is rebranding. It’s to be known as Mortgage Finance Brokers,...

18 January 2024

From: Breaking News

Famous agency ditches HQ for new base and a contemplation room

Strutt & Parker is leaving its HQ to share premises with other parts of its parent company - and to have a...

18 January 2024

From: Breaking News

First two agencies join new self-employed ‘brokerage’ model

Two agencies have today joined eXp UK, the platform which now wants existing branch-based firm to convert to its self employed...

18 January 2024

From: Breaking News

Lettings agency strategy change is slap in the face for Zoopla

A large multi-brand lettings agency group is dropping its listings on Zoopla and instead going to list rental properties on OnTheMarket...

17 January 2024

From: Breaking News

Phil Spencer warns that Summer will be hectic for lettings sector

Summer looks like it’s going to be a hectic period for lettings agents and the private rental sector according to TV...

17 January 2024

From: Breaking News

Shock figure reveals tax burden paid by private rental sector

Property taxes in Scotland exceeded £600m over the last year according to analysis of the latest statistics by the country’s largest...

17 January 2024

From: Breaking News

TV Host to repeat agents’ conference compering gig

TV host Jenni Falconer is to reprise her role as compere of Propertymark’s ‘One Conference’ when it’s repeated at London’s ExCel...

17 January 2024

From: Breaking News

Propertymark wants additional health and safety cladding measures

The letting agents’ trade body Propertymark says one of the UK governments should go further in ensuring the safety of tenants...

17 January 2024

From: Breaking News

How Tenants try to Defraud Agents - webinar to reveal all this week

A PropTech supplier this week hosts a free webinar for agents to shed light on the rise of attempted tenancy fraud...

16 January 2024

From: Breaking News

Trading Standards giving agents free teach-in on Material Information

Propertymark is hosting an Understanding Material Information for Lettings Agents on Thursday January 18 from 1230 to 1400. The National Trading Standards...

16 January 2024

From: Breaking News

Agency snaps up rival and launches new city lettings division

Property agency James Douglas has acquired a rental service and launched its own lettings arm in the south Wales city of...

16 January 2024

From: Breaking News

Most competitive locations for letting agents revealed by research

A new analysis shows that - unsurprisingly - London remains the most competitive region for letting agents, having seen the largest...

16 January 2024

From: Breaking News

Sadiq Khan’s rent controls dismissed as “well-meaning but naive”

Rents across the UK continue to retreat from their 2023 highs, falling by 2.9 per cent over the last three months,...

16 January 2024

From: Breaking News

Big mortgage rate cuts likely this year - agency revises forecast

Knight Frank has revised its housing market forecasts for 2024, just two weeks into the new year. It’s done this on the...

15 January 2024

From: Breaking News

Rent rises outstripping inflation for past nine months - agency analysis

A leading lettings agency says 2023 was a record-breaking year for rental growth.   The average rent on a newly let property in...

15 January 2024

From: Breaking News

Artificial Intelligence and Client Money Security - free webinar tomorrow

Propertymark is hosting a client money security webinar tomorrow lunchtime between 12.30 and 13.30. The webinar will discuss the rise of Artificial...

15 January 2024

From: Breaking News

Breakthrough allows rent payments to be reported to credit agencies

The long-running aspiration of many to allow rental payments to be counted towards credit ratings appears to have taken a step...

15 January 2024

From: Breaking News

Build To Rent expo next month organised by trade group

The UK Apartment Association - a Build To Rent trade body - has given details of an expo it’s hosting in...

15 January 2024

From: Breaking News

Free webinar for agents on latest shock waves to hit market

A free webinar for agents is being held next week, again devoted to the Renters Reform Bill as well as the...

12 January 2024

From: Breaking News

Propertymark backs controversial Airbnb registration scheme

Letting agents’ body Propertymark is throwing its weight behind a mandatory licensing and registration scheme for short let landlords. Anyone who lets...

12 January 2024

From: Breaking News

Lomond snaps up another regional lettings agency

Fast-growing Lomond has snapped up another regional agency - this time one in the Midlands. Centrick - which had a High Street...

12 January 2024

From: Breaking News

Tenants itemise top three priorities in new survey

A survey by one of the industry’s deposit alternative services, flatfair, shows that - unsurprisingly - over 61 per cent rank...

12 January 2024

From: Breaking News

Top agent slams latest rent control move as costly and complex

New rent control proposals put forward by politicians are unnecessary and too costly according to a leading property expert.  David Alexander -...

12 January 2024

From: Breaking News

Warning over rechargeable device fires in rental properties

Insurance giant Aviva is urging consumers to be on their guard after seeing a seven per cent increase in customer claims...

11 January 2024

From: Breaking News

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