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Lloyds Bank’s Build To Rent offshoot announces new scheme

Citra Living, the Build To Rent arm of Lloyds Banking Group, has announced another new scheme. It is a 95-flat development at...

11 December 2023

From: Breaking News

More tenants now shop around, says high profile agent

A prominent London buying agent and property consultant says the slowly improving supply of rental property means more tenants are now...

11 December 2023

From: Breaking News

HMO warning letters ignored by rogue lettings agency

A lettings agency has pleaded guilty to seven offences relating to an HMO. IHomes Letting Limited has been fined £16,970 for failing...

11 December 2023

From: Breaking News

Independent agency disappears as franchise giant expands

Martin & Co - part of the TPFG franchise giant - has purchased another independent agency. Father and son duo Jaspal and...

11 December 2023

From: Breaking News

Many renters will be Home Alone this Christmas

A survey suggests that a third of UK tenants who plan to spend Christmas in their rental property will be alone.  A...

11 December 2023

From: Breaking News

Shelter plots huge email campaign to stop Renters Reform Bill ‘watering down’

Campaigning charity Shelter claims there’s a conspiracy amongst MPs, landlords and others in the private rental sector to water down the...

08 December 2023

From: Breaking News

Agency installs new systems after error leaves HMOs unlicensed

A lettings agency has initiated new systems to ensure there is no repeat of a mistake that left some client properties...

08 December 2023

From: Breaking News

Councils enforcing rental licensing are on brink of bankruptcy

Scores of councils that enforce licensing regimes on the private rental sector claim they are on the verge of bankruptcy. Almost one...

08 December 2023

From: Breaking News

Housing minister backs Build To Rent

New housing minister Lee Rowley has spoken out in favour of Build To Rent. At the inaugural Build To Rent Innovators conference...

08 December 2023

From: Breaking News

Energy Efficiency - owners all at sea over where to start

Almost two in five UK owners - landlords and homeowners - now consider improving the energy efficiency of their property an...

08 December 2023

From: Breaking News

Letting Agent Thief sentenced after stealing over £128,000

A thieving lettings agent stole over £128,000 which should have gone to landlord clients - and with it she funded an...

07 December 2023

From: Breaking News

Agents list major problems with Renters Reform Bill

Propertymark has set out its pro-agency position on a range of issues contained in the Renters Reform Bill, currently trundling through...

07 December 2023

From: Breaking News

Expensive rental eco-heat scheme needs rethink - top agent

A consultation to introduce boilers into homes and the private rented sector needs ‘more carrot than stick’ according to a prominent...

07 December 2023

From: Breaking News

Downturn? What downturn? Propertymark books entire hotel for a party!

Propertymark is revamping the big London conference it trialled this year - and it’s fired an entire hotel for the after-party...

07 December 2023

From: Breaking News

Airbnb claims its short lets support thousands of jobs across UK

A new report claims that Airbnb has generated tens of thousands of jobs in the UK and enables people to work...

07 December 2023

From: Breaking News

Data Protection - agency advice from the Information Commissioner’s Office

The Information Commissioner’s Office has issued advice to agencies on how to comply with data protection law.  The UK data protection regulator...

06 December 2023

From: Breaking News

Agency reveals Management Buy Out and names leadership team

The partners of high end agency and property consultancy Cluttons have announced the completion of a management buyout.  James Gray continues as...

06 December 2023

From: Breaking News

Watchdog slams GetAgent over misleading website claims

Controversial website content by the high profile website GetAgent must never appear again, according to the ad industry watchdog. The Advertising Standards...

06 December 2023

From: Breaking News

Leasehold Reform Bill wins praise from industry body

Michael Gove’s Leasehold and Freehold Reform Bill, currently going through Parliament, has won praise from the industry body The Property Institute. There...

06 December 2023

From: Breaking News

Rental demand staying high despite approach of Christmas

The latest Rental Index from PropTech firm Goodlord has shown that year-on-year rents are up by 7.3 per cent across England...

06 December 2023

From: Breaking News

Two of PropTech’s biggest names announce merger

Two of the highest profile PropTech suppliers to the lettings and wider property sectors have announced a merger. Reapit and PayProp say...

05 December 2023

From: Breaking News

OnTheMarket share dealing to be suspended next week

Dealing in OnTheMarket shares will cease at 7.30am on December 12 following yesterday evening’s announcement that the CoStar takeover had won...

05 December 2023

From: Breaking News

One in seven agents see evidence of rents now falling

A surprising one in seven lettings agents is now reporting a fall in rents rather than a rise. Although far more agents...

05 December 2023

From: Breaking News

Rent rises outstrip inflation in every part of the UK - new figures

Latest data from The Deposit Protection Service suggests rents have risen faster than inflation over the past year. The organisation’s Rent Index...

05 December 2023

From: Breaking News

Agency group hits eco-target eight years ahead of schedule

Leaders Romans Group claims it reached carbon neutrality in 2022, eight years ahead of its original target of 2030.  The firm says...

05 December 2023

From: Breaking News

Lettings Excellence - winning young agent  named

High achieving agents in lettings and other sectors of our industry have been recognised at a prestigious London celebration. Learners, apprentices, employers...

05 December 2023

From: Breaking News

Shareholders reach decision on takeover of OnTheMarket

The shareholders of OnTheMarket have reached their decision on the portal's controversial takeover by CoStar.  A statement released this afternoon says: "The...

04 December 2023

From: Breaking News

Buy To Let Mortgage Arrears Double In Just One Year

Cases of buy-to-let arrears have doubled in a single year, according to a new analysis. The research, from Octane Capital, analysed quarterly...

04 December 2023

From: Breaking News

OnTheMarket investor critic’s last-ditch bid to scupper deal

Long-standing activist investor Brett Stone has made a last-ditch bid to scupper a proposed takeover of OnTheMarket by US firm CoStar. CoStar...

04 December 2023

From: Breaking News

Agency Consolidation - another small independent snapped up by growing firm

Lomond has snapped up another small lettings agency - its fifth acquisition in as many weeks. It’s purchased Sussex-based Howard & Co...

04 December 2023

From: Breaking News

Lettings firm to be managing agent for council Build To Rent scheme

Portsmouth and Southsea lettings agency Chinneck Shaw has been appointed to manage the first purpose-built Build to Rent project from Ravelin...

04 December 2023

From: Breaking News

Propertymark details 2024 #morefor24  regional programme

Propertymark has outlined an extensive regional programme for next year. It’s going to hold 19 regional events under the #morefor24 campaign slogan. The...

04 December 2023

From: Breaking News

Government slammed over clampdown on Airbnb and short lets

A trade body representing short lets operators has slammed government housing failures. The Short Term Accommodation Association says it’s analysed local authority...

01 December 2023

From: Breaking News

Shelter blames private rental sector for growing child homelessness

Shelter says there are nearly 139,000 children officially homeless and living in temporary accommodation - and it’s blaming the private rental...

01 December 2023

From: Breaking News

Lettings agents urged to use webinars to keep up with compliance issues

Sally Lawson of Agent Rainmaker writes: Online information sessions are a vital way to network with landlords and showcase your expertise. That’s what...

01 December 2023

From: Breaking News

Agency Leadership Training sees first baker’s dozen graduates

A total of 13 franchisees from brands within the Belvoir Group have graduated from what the firm calls “a unique new...

01 December 2023

From: Breaking News

Another holiday lets area council slaps tax surcharge on second homes

Second homes in the area of Essex known as Tendring - including popular holiday lets resort Frinton on Sea and the...

01 December 2023

From: Breaking News

Trading Standards reveal details of new Material Information requirements

Parts B and C of the process to improve material information disclosure in property listings are published today within comprehensive new guidance...

30 November 2023

From: Breaking News

Agency calls for Landlords Reform Bill to redress rental balance

Leaders Romans Group is calling for a Landlords Reform Bill to balance the challenges and apparent disincentives now deterring landlords from...

30 November 2023

From: Breaking News

Controversial ex-Countrywide boss appointed to new post

Almost six years after her departure as chief executive of Countrywide, Alison Platt has been appointed to a new senior position. She...

30 November 2023

From: Breaking News

Hundreds of objections to large Build To Rent development

Another large Build To Rent scheme is in the offing, this time in Devon’s capital city, Exeter. Plans to build 246 BTR...

30 November 2023

From: Breaking News

Agent says second home clampdown is no answer to long-term shortage

The long-term shortage of rental accommodation is now addressed by a short-term clampdown on second homes and empty properties, a leading...

30 November 2023

From: Breaking News

Rent Protection feature launched for agents and landlords

PropTech specialist Vouch has launched a Rent Protection feature, designed to help landlords access cover to mitigate the risk of unpaid rent. The feature...

30 November 2023

From: Breaking News

OnTheMarket Takeover - New endorsement is another boost for board

With less than a week to go before the Court Meeting and the General Meeting which will decide the fate of...

29 November 2023

From: Breaking News

Activists oppose move away from Open Ended Tenancies

The Generation Rent activist group has come out against an amendment to the Renters Reform Bill which reversed the threat of...

29 November 2023

From: Breaking News

Super-Rich rent as they baulk at high Stamp Duty purchase costs

More multi-millionaires and billionaires are choosing to rent super-prime homes in London, rather than purchase, reveals a new wealth report Beauchamp Estates’...

29 November 2023

From: Breaking News

Belvoir agents have access to private rental licensing data

Franchise giant Belvoir is the latest agency group to sign a deal with geospatial technology firm Kamma. The partnership will offer all...

29 November 2023

From: Breaking News

Independent agency snaps up rival as owners retire after 35 years

Pattinson estate agency in the north east of England has snapped up Ryedales Estate Agents, an independent in Northumberland. Ryedales owners Geoff...

29 November 2023

From: Breaking News

Affordability Crisis means rent rises cannot continue at this pace - Savills

Savills is warning that despite strong income growth, rising rents are stretching the finances of those in the private rental sector.  Savills...

28 November 2023

From: Breaking News

New portal takes on letting agents, lists “all available homes for young people”

A new rental website which claims to list “all available homes for young people in one place” has raised well over...

28 November 2023

From: Breaking News

Lloyds Bank buys homes from house builder to let to tenants

Lloyds Banking Group, which announced back in 2020 that it was to become involved in the private rental sector, is buying...

28 November 2023

From: Breaking News

Rightmove shares rise as it takes even more money from agents

Property portal Rightmove has increased its key revenue target in a bullish set of results which shows it has not been...

28 November 2023

From: Breaking News

Rental growth to slow as supply catches up with demand

An agency has issued its rental market forecast for 2024. Chestertons says rents are forecast to have increased by 6.5 per cent...

28 November 2023

From: Breaking News

Industry first as agency gives time off for fertility treatment

Leaders Romans Group has launched a new benefit which supports employees undergoing fertility treatment. The benefit allows staff time off (unpaid for...

27 November 2023

From: Breaking News

OnTheMarket Takeover: CoStar deal backed by key independent advisor

The prominent independent advisor ISS - Institutional Shareholder Services - has publicly backed the OnTheMarket board and is recommending shareholders vote ‘for’...

27 November 2023

From: Breaking News

Hybrid agency claims it’s now “industry leader” after awards win

EweMove, the hybrid agency which is part of The Property Franchise Group, claims it is now an industry-leading business as a...

27 November 2023

From: Breaking News

Renters Reform Bill - webinar to update agents on latest changes

A webinar is being held tomorrow, aimed to urging agents to get ahead of changes to the industry likely to be...

27 November 2023

From: Breaking News

Hunt’s lack of support for rental sector still subject of criticism

Last week’s Autumn Statement - which fell short of expectations in terms of help for the private rental sector - is...

27 November 2023

From: Breaking News

New energy efficiency U-turn welcomed by leading agency

It looks like more politicians are preparing a U-turn on energy efficiency rules for the private rental sector. Media reports indicate there...

24 November 2023

From: Breaking News

Trading Standards links with Rightmove for CPR training for agents

Rightmove has teamed up with the National Trading Standards Estate and Letting Agency Team to create a new course on compliance...

24 November 2023

From: Breaking News

Agents get angry with pro-rent control politicians

Propertymark has issued a strongly-worded statement aimed at politicians demanding rent controls. Labour Members of the Scottish Parliament have urged the declaration...

24 November 2023

From: Breaking News

New industry group includes agents and small landlord organisations

The first meeting has been held of the Housing Coalition, a new group including Propertymark and some landlord bodies. A statement from...

24 November 2023

From: Breaking News

On The Road - 19 regional events next year from Propertymark

Propertymark has announced an extensive regional 19-meeting schedule for 2024. A statement from the trade body says the schedule “will blend together...

24 November 2023

From: Breaking News

Controversial pay-per-viewing company is dissolved

The company which in 2021 tried to introduce the concept of asking potential tenants and buyers to pay to view a...

23 November 2023

From: Breaking News

Politicians told - You’re wrong on additional homes tax surcharge

Propertymark has told politicians that an additional homes tax will not succeed in increasing housing supply. Timothy Douglas, head of policy and...

23 November 2023

From: Breaking News

Revealed - Britain’s worst city for rental availability

New research has identified locations with the largest volume of available rental stock, based on those units at or below the...

23 November 2023

From: Breaking News

Universal Credit and private renting - agents win case for forum

The Department for Work and Pensions will recommence the Private Rented Sector Universal Credit Engagement Group next month, following a concerted...

23 November 2023

From: Breaking News

Tax and Benefit Changes announced to impact housing market

Chancellor Jeremy Hunt has used his Autumn Statement to reveal measures affecting both the rental market and the wider property industry.  The Local Housing...

23 November 2023

From: Breaking News

Bidding Wars soar as tenants compete for dwindling supply

It’s claimed that as many as one in five tenants has lost out in a rental bidding war during the last...

22 November 2023

From: Breaking News

Big rise in tax receipts as Chancellor ponders Autumn Statement

Inheritance Tax totalled £4.6 billion for the HM Treasury between April and October - that’s £500,000 up on the same period...

22 November 2023

From: Breaking News

Eviction ban not part of government plans to counter homelessness

The prospect of a long-term eviction ban appears to have been lifted in one part of the UK. The Welsh Government is...

22 November 2023

From: Breaking News

Two more lettings book acquisitions for fast-growing Lomond

The fast-growing Lomond Group has announced two lettings book acquisitions in the central belt of Scotland.  Lomond, which has made nearly 50...

22 November 2023

From: Breaking News

Oddly-named Build To Rent scheme will have 335 flats

A 335-unit Build To Rent scheme has reached practical completion stage in Sheffield. Going under the (perhaps bizarre) name of PLATFORM_, the...

22 November 2023

From: Breaking News

Business Rates - ‘last chance for government to help High Street’

A prominent agency says tomorrow’s Autumn Statement is the Chancellor’s last chance to come good on the election promise to lower...

21 November 2023

From: Breaking News

Carbon Monoxide Warning - test alarms as winter approaches

The Royal Society for the Prevention of Accidents is issuing a stark warning to be aware of the dangers of carbon...

21 November 2023

From: Breaking News

Huge lettings book snapped up in deal set to ‘transform’ agency

Lomond has consolidated its growing foothold in the lettings sector after sealing its biggest acquisition to date in the Midlands. In what...

21 November 2023

From: Breaking News

PropTech tenant referencing link for 1,250-member agents’ group

UK Association of Letting Agents has announced a link with PropTech supplier Canopy. UKALA member agents will receive a discount if they...

21 November 2023

From: Breaking News

Agent’s Affordability Warning - not all tenants will really benefit

A prominent lettings agent says there’s been a definite improvement in rental affordability in most areas - but he doubts all...

21 November 2023

From: Breaking News

Foxtons Up For Sale? Shareholders put board under pressure

The board of Foxtons is under pressure from a minority of shareholders to put the agency group up for sale, according...

20 November 2023

From: Breaking News

Bills Included - most tenants want all-inclusive charges

A survey over 2,400 tenants has found that 55 per cent would prefer to have their utility bills included within the...

20 November 2023

From: Breaking News

Revealed - the part of rental sector not contracting right now

There may be a substantial number of small-scale private landlords selling up right now, but no fewer than 88 per cent...

20 November 2023

From: Breaking News

Should letting agents police the quality of homes to rent?

A prominent housing expert has told MPs that letting agents could be used to police the standards off homes made available...

20 November 2023

From: Breaking News

Generous letting agents raise tens of thousands for children

Hundreds of letting agents from across the UK joined forces at an annual event to raise £40,000 for children with life-limiting...

20 November 2023

From: Breaking News

Affordability Crisis: rents near ceiling in some regions, index suggests

Affordability limits have been reached in several regions of the UK, the Home property website suggests. While some regions are still recording...

17 November 2023

From: Breaking News

Agent says he’s getting 150+ enquiries per property within 24 hours

Glasgow’s lettings market is the strongest it’s been in up to 10 years, with a shortage of rental flats driving demand...

17 November 2023

From: Breaking News

Latest rent rise is seven year high according to official figures

The Office for National Statistics official government lettings index shows that private rental prices paid by tenants in the UK increased...

17 November 2023

From: Breaking News

FIA independent agents group reveals new PropTech supplier

The Federation of Independent Agents has selected an automated client account platform as a supplier.  The FIA was established in by Graham...

17 November 2023

From: Breaking News

Rayner’s policy won’t solve housing shortage says top Labour MP

Senior Labour MP Clive Betts says the party’s official house building policy won’t actually solve the shortage of homes. Labour deputy leader...

17 November 2023

From: Breaking News

Home Office issues agents with new code of practice for Right To Rent

A revised code of practice for Right To Rent has been issued to agents and landlords. This sixth revision supersedes the previous...

16 November 2023

From: Breaking News

Section 21 - Angry MPs slam Michael Gove over ongoing delay

A row has broken out over Section 21 between Michael Gove’s Department of Levelling Up, Housing and Communities, and an all-party...

16 November 2023

From: Breaking News

Agency doubles in size after snapping up third independent business

A Belvoir franchisee has doubled the size of his business by buying out a local independent agency - his third acquisition...

16 November 2023

From: Breaking News

It’s Back - London lettings market returning to equilibrium

The London rental market is shifting towards equilibrium for the first time since the end of the pandemic, according to Foxtons. In...

16 November 2023

From: Breaking News

Together We Are Unstoppable, say women agents

Tickets are now on sale for the next Women in Estate Agency conference in March. Starting as a Facebook group during Covid...

16 November 2023

From: Breaking News

Government announces changes to Renters Reform Bill

Changes put forward to the Renters Reform Bill to crack down on rogue landlords, protect vulnerable residents and improve the safety of...

15 November 2023

From: Breaking News

Connells launches rent-to-buy scheme to shift new build flats

Connells has launched what it calls a “pioneering” Rent to Buy scheme to shift apartments in a 163-unit scheme. The agency likens...

15 November 2023

From: Breaking News

Build To Rent problems highlighted in latest report

A new report suggests London’s Build To Rent sector is being held back by a “stark inconsistency” from local councils in...

15 November 2023

From: Breaking News

Agents’ chief warns MPs on need for court reform and more bailiff capacity

Propertymark has called on the government to retain the option of fixed-term tenancies in the private rental sector where it is...

15 November 2023

From: Breaking News

Agency restructures in push for bigger share of key lettings market

Knight Frank has bolstered its prime offering across north London with a new head of lettings in its Hampstead office. Jared Kilgarriff...

15 November 2023

From: Breaking News

Rents now a third above London’s pre-pandemic average

Annual rental growth across prime London slowed slightly to 8.1 per cent in October according to property data firm LonRes.  However, rents...

15 November 2023

From: Breaking News

Renters Reform Bill - MPs to hear agents’ worries today

A senior Propertymark official will today tell MPs of the industry’s concerns about the Renters Reform Bill. The Bill has reached the...

14 November 2023

From: Breaking News

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