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New record rents for three-bed houses and one-bed flats

The lettings market shows little sign of slowing as rents rose 11.7 per cent year-on-year across Britain in October, says the...

14 November 2023

From: Breaking News

Tenant demand and rents up - supply stays stubbornly low

Over seven in 10 landlords report rising tenant demand during the third quarter – a new record high, research conducted on...

14 November 2023

From: Breaking News

Family of agents bring three agencies under one roof

Husband and wife Daren and Susan Cope, alongside son James and daughter Annie, are bringing their different agencies under one roof. So...

14 November 2023

From: Breaking News

Agents demand ground rent reform progress while consultation goes on

Propertymark wants Housing Secretary Michael Gove to continue with ground rent reforms for leaseholders following the launch of a consultation into this...

14 November 2023

From: Breaking News

New Housing Minister is ... a former housing minister

The new Housing Minister is Lee Rowley - who was a former housing minister during the short lived premiership of Liz Truss. Rowley...

13 November 2023

From: Breaking News

Renters Reform Bill is ideal chance to regulate agents says Propertymark

Propertymark has written to Housing Secretary Michael Gove to remind him of the importance of regulating letting and estate agents. The trade...

13 November 2023

From: Breaking News

Bad news on interest rates despite this week’s big fall in inflation

Inflation figures for the year to October are out this week and are expected to have fallen to 4.8 per cent. That’s...

13 November 2023

From: Breaking News

Buy To Let Sell Off - agency reports hundreds of thousands sold

The share of homes sold by a landlord in Britain has fallen from 15.7 per cent last year to 14.0 per...

13 November 2023

From: Breaking News

Tenants worrying more over affordability, claims deposit alternative

A deposit alternative service claims online searches by tenants reflect increased uncertainty over affordability. Deposit alternatives are under scrutiny at the moment...

13 November 2023

From: Breaking News

Five ground rent options being considered by government

The government is considering five different options for ground rent as the reform process for the sector begins. The government is committed...

13 November 2023

From: Breaking News

Council’s own lettings agency makes pitch to win private landlord clients

A private lettings agency run by a council is holding open days to woo potential landlord clients. Test Valley Lettings is later...

10 November 2023

From: Breaking News

Struggling Build To Rent again complains of cost and delivery problems

The latest annual report on Build To Rent in London again talks of issues with costs and delivery. A report from the...

10 November 2023

From: Breaking News

National agency chain named new head of lettings

Strutt & Parker has announced a new National head of lettings. Anna Ambrose brings with her 18-years’ experience within the sector, including...

10 November 2023

From: Breaking News

Independent agency brand remains even after acquisition by chain

Winkworth is expanding further in Dorset, with the acquisition of Christopher Batten in Wimborne – its seventh office in the county.  Christopher...

10 November 2023

From: Breaking News

High end agency’s new office in busy rental destination

Savills has moved into a new office in Bath, occupying over 2,500 square feet in a prominent on a prominent shopping...

10 November 2023

From: Breaking News

Latest RICS survey shows start of lettings market shift

The latest RICS lettings market survey shows another increase in rental demand - but that demand appears to be slowing. The institution’s...

09 November 2023

From: Breaking News

Lettings market chaos easing - seasonality returns, says top agent

The UK lettings market, after experiencing recent surges in prices, is now displaying signs of returning to its seasonal patterns.  This is...

09 November 2023

From: Breaking News

New lettings chief in strategically important London office

Knight Frank’s Marylebone residential office has welcomed Luke Hewens as Head of Lettings. Hewens began his property career as lettings negotiator in...

09 November 2023

From: Breaking News

Agents continue campaign against rent controls despite legal setback

Propertymark says it’s delivering a powerful message to the Scottish Government - despite losing a recent key legal case. The agents trade...

09 November 2023

From: Breaking News

Propertymark repeats industry’s big day - only bigger still

Agents’ trade body Propertymark has pencilled in June 14 2024 as the date for its second Propertymark One event. Last summer’s event,...

09 November 2023

From: Breaking News

Agency firm welcomes promised reform (not replacement) of leasehold

An industry supplier owned by the Leaders Romans Group says the government’s pledge to reform - not replace - leasehold should...

08 November 2023

From: Breaking News

What’s Happening To Rents in 2024? First forecast appears

One of the first forecasts for the rental market for 2024 suggests that strong growth will continue. Property consultancy JLL says that...

08 November 2023

From: Breaking News

At last! Normality in sight for lettings market, insists top agency

Normality appeared on the horizon in the prime London rental market in October according to high end agency Knight Frank.  Average rents...

08 November 2023

From: Breaking News

Success Plans for 2024 promised at regional roadshow

The autumn roadshow being hosted by Fine & Country resumes next week with the first of six dates throughout the rest...

08 November 2023

From: Breaking News

PropTech integration is first phase in bid to slash agent red tape

The ValPal Network - a lead generation product from Angels Media, publisher of Letting Agent Today and other Today titles -...

08 November 2023

From: Breaking News

Foxtons buys rival lettings service for £10m

Foxtons has snapped up London lettings agency Ludlow Thompson for £10m. Ludlow Thompson, founded 30 years ago, has seven branches in London, generating...

07 November 2023

From: Breaking News

Renters Reform Bill part of ‘brighter future for UK’ claims Sunak

Prime Minister Rishi Sunak says the Renters Reform Bill will be mentioned in today’s King’s Speech - and is part of...

07 November 2023

From: Breaking News

PropTech: yet another coup for fast-growing licensing platform

PropTech firm Kamma - which specialises in information about landlord licensing - has inked another partnership. This latest link is with Goodlord.  Kamma’s...

07 November 2023

From: Breaking News

Merger between two agencies will see one brand name disappear

Two well known agencies are to merge in Scotland. Cullen Kilshaw LLP, a solicitors and lettings and estate agency, is to merge...

07 November 2023

From: Breaking News

Homelessness surge means Chancellor must invest in rental sector - call

New figures have shown that 2,086 people were found to be sleeping on London’s streets for the first time between July...

07 November 2023

From: Breaking News

Earliest ever ‘panic buying’ start to student lettings season

A student lettings business claims the cycle of booking accommodation for the 2024-25 academic year has already started in some cities. The...

07 November 2023

From: Breaking News

Letting agents back enhanced Material Information requirements

An overwhelming number of letting and sales agents back the idea of more so-called Material Information on property details.  That’s according to...

06 November 2023

From: Breaking News

PropTech supplier to unveil upgrades to beefed-up platform

Goodlord is set to unveil at least 10 upgrades to its platform in a webinar this afternoon at 2pm.  The enhanced platform,...

06 November 2023

From: Breaking News

New tenant referencing service claims to revolutionise industry

HomeLet claims its new VISTA service will revolutionise the lettings industry by eliminating fraud through the use of detection technology and...

06 November 2023

From: Breaking News

Rent Controls - Eco-activists jubilant after agents suffer legal setback

The Scottish Greens - who are in effect the architects of rent controls north of the border - have welcomed a...

06 November 2023

From: Breaking News

Agency adds £1m to revenue through diversification

A letting agent with a background in renovation has been able to grow her business by offering investors a swathe of...

06 November 2023

From: Breaking News

Shock as Rent Controls backed by Judicial Review decision

There’s been widespread dismay in the industry as the outcome of a Judicial Review has backed the Scottish Government’s objective of...

03 November 2023

From: Breaking News

High profile lettings agency’s acquisition takes it to nine branches

The well know Finders Keepers lettings agency, which operates across Oxfordshire, has acquired a local independent to bring its total number...

03 November 2023

From: Breaking News

PropTech integration gives agents improved client accounting

PropTech service The Lettings Hub has announced a new strategic partnership with client accounting platform LettsPay.  This follows on from four additional...

03 November 2023

From: Breaking News

Agents’ queries pour in to fast-expanding Lettings Helpline

Propertymark is hailing its new Lettings Helpline as a success, just a month after it launched. In that four week period the...

03 November 2023

From: Breaking News

Surprise as rents drop and voids increase as weather cools

Rents saw an autumn dip in October, following three months of rapidly escalating prices across England.  According to PropTech firm Goodlord the...

03 November 2023

From: Breaking News

New ‘Rent Then Buy’ scheme aims to woo tenants into ownership

David Wilson Homes has launched a scheme where prospective buyers who can muster a 2.5 per cent deposit can reserve a...

02 November 2023

From: Breaking News

Agency’s first Short Lets Broker to handle month-plus tenancies

Self employed agency brand Harding Green has appointed a former Hamptons agent to handle short lets for clients. Nina Wallrock, who has...

02 November 2023

From: Breaking News

Utter Chaos! - one industry supplier’s analysis of high rent rises

The latest edition of the HomeLet Rental Index shows a near double-digit average annual rent rise across the UK. Renters can now...

02 November 2023

From: Breaking News

Ex-Keller Williams agent in  group snapping up historic brand

One of Scotland’s oldest property and legal brands - Simpson & Marwick - has been snapped up by a newcomer to...

02 November 2023

From: Breaking News

Agents supporting HMO council tax breakthrough

Propertymark has welcomed the government’s commitment to end the practice of council tax of banding single rooms in HMOs, potentially saving...

02 November 2023

From: Breaking News

Interest Rate optimism fuelled by surprise improvement in inflation

There’s growing optimism that tomorrow’s Bank of England monetary policy committee meeting will see base rate held for another month -...

01 November 2023

From: Breaking News

Smart Meters - letting agents back drive to use them to rental sector

Propertymark has pledged its continued support for the annual Smart Meter Awareness Week.  Launched by Smart Energy GB, the UK government-backed campaign...

01 November 2023

From: Breaking News

Just Open: Hub and Back office HQ for innovative agency

The innovative lettings and estate agency Hat and Home has opened its fifth office - and once again it’s an unusual...

01 November 2023

From: Breaking News

Phil Spencer event - few tickets left for Propertymark members

A limited number of tickets are still available for this year’s Propertymark Qualifications Awards.  Olympian Roger Black MBE will appear at the...

01 November 2023

From: Breaking News

Generous! Agents give thousands to industry charity

Propertymark has donated £5,200 to the industry charity Agents Giving, which works with lettings and estate agents to encourage, support and...

01 November 2023

From: Breaking News

Failure! Annual rent rise in double figures despite rent controls

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

31 October 2023

From: Breaking News

Council lettings agency steps up bid to win private landlords

A council’s lettings service - first set up a decade ago - says it is stepping up its campaign to recruit...

31 October 2023

From: Breaking News

Warning over winter rise in meter tampering and energy theft

New data reveals a 68 per cent surge in reports of meter tampering and energy theft during winter. The data - revealed...

31 October 2023

From: Breaking News

Top agency insists rental sector negativity is exaggerated

Leaders Romans Group claims the pessimistic mood which many say surrounds the private rental sector is exaggerated. It has surveyed its landlord...

31 October 2023

From: Breaking News

Agents want tax reforms on top of pledge to avoid rent controls

Propertymark has welcomed the pledge by Housing Secretary Michael Gove not to introduce rent controls in England. The trade body says such...

31 October 2023

From: Breaking News

Tenant sues lettings agent for failing to protect deposit

A tenant is reported to have sued a lettings agency after its alleged failure to return his £375 deposit. The Get Surrey...

30 October 2023

From: Breaking News

Agency slams four councils for policies which directly hit rental supply

The lettings agency Winkworth has taken the unusual step of criticising policies of a series of councils. The councils are all Labour...

30 October 2023

From: Breaking News

Major agency rebrand as rental demand predicted to boom

One prominent part of the Lomond agency empire is rebranding to fall in line with a larger higher-profile brand under the...

30 October 2023

From: Breaking News

Foxtons figures fly for lettings, falter for sales

Not for the first time this year, a trading update from London-focussed agency Foxtons has shown that lettings is leading the...

30 October 2023

From: Breaking News

Seventh branch opens for lettings and sales franchise trio

Less than a year since opening the sixth branch of sales and lettings agency Parkers, one of the brand’s most successful...

30 October 2023

From: Breaking News

Renters Reform Bill webinar to feature leading industry legal expert

A free webinar on the controversial Renters Reform Bill is to feature one of the industry’s top legal experts. David Smith is...

27 October 2023

From: Breaking News

Huge rent rises for Purpose Built Student Accommodation

Rents for student accommodation have increased by an average of 14.6 in two years and swallow up nearly all of the...

27 October 2023

From: Breaking News

Rental Supply Drought - cheaper sector of market is worst affected

The cheapest end of the rental market is under-supplied and overly competitive, a deposit alternative service claims. The provider - Zero Deposit...

27 October 2023

From: Breaking News

New survey to help politicians make rental policy

The Welsh Housing Minister has committed to a Housing Survey to assist its policies for the private rental sector. Propertymark has been...

27 October 2023

From: Breaking News

Shock figures claim to show scale of mould on rental properties

Some 48 per cent of tenants are currently living with one or more housing disrepair issues, it’s being claimed. The problems include...

27 October 2023

From: Breaking News

Council sets up own lettings agency to woo private landlords

A council has launched its own social lettings agency to work with private sector landlords in tackling the record numbers living...

26 October 2023

From: Breaking News

PropTech boss makes 22 amendments to Renters Reform Bill

A leading PropTech entrepreneur has written to MPs outlining detailed plans that he believes would ensure the controversial Renters Reform Bill...

26 October 2023

From: Breaking News

Agents demand payment changes in upcoming Autumn Statement

Propertymark is urging the government to use next month’s Autumn Statement to support low-income households in the private rented sector in...

26 October 2023

From: Breaking News

Renters Reform Bill - lettings firm breaks ranks with industry

A lettings and property management platform has broken ranks with much of the industry over the Renters Reform Bill.  While most agents...

26 October 2023

From: Breaking News

Lomond snaps up another independent agency’s lettings book

Lomond has snapped up another lettings book - it’s of the Royston & Lund agency in the East Midlands. The 600 properties...

26 October 2023

From: Breaking News

No rent controls in England - government confirmation

Rent controls as currently in force in Scotland and under consideration in Wales will not be put into effect in England,...

25 October 2023

From: Breaking News

Older tenants need Renters Reform Bill insists pressure group

Older private renters must have their voices heard In support of the Renters Reform Bill. That’s the view of Joanna Elson, chief...

25 October 2023

From: Breaking News

London tenants pay high average deposits, claims supplier

One of the players in the controversial Deposit Alternative field is stepping up its case for this kind of service to...

25 October 2023

From: Breaking News

First-ever Women in Estate Agency Award at ESTAS

Five outstanding women were honoured at the first ESTAS Women in Estate Agency award, parts of the ESTAS. The five were Wendy...

25 October 2023

From: Breaking News

PropTech service claims to solve client account issues

PropTech supplier Lettspay has launched a new client account banking service for letting agents and property managers in partnership with Griffin...

25 October 2023

From: Breaking News

Renters Reform Bill passes Second Reading without a vote

MPs have given the Renters Reform Bill its Second Reading - a procedure which means it now continues into the Committee...

24 October 2023

From: Breaking News

Rental Reform activists claim huge public support for change

The Renters Reform Coalition - a collection of some 20 activist groups and charities demanding changes to the private rental sector...

24 October 2023

From: Breaking News

Radical EPC rating B target demanded by business consortium

A business consortium is calling for bold measures to encourage landlords and owner occupiers to retrofit their homes, with the introduction...

24 October 2023

From: Breaking News

Typical rental deposit shows big increase over just three months

The average cash deposit of five weeks rent rose by four per cent over the last quarter from £1,217 at the...

24 October 2023

From: Breaking News

Solicitor will answer agents’ questions on Renters Reform Bill

The latest stage of the Renters Reform Bill - and the likely delay in the abolition of Section 21 - will...

24 October 2023

From: Breaking News

Agents’ role must be enhanced by Renters Reform Bill

The government has been warned by trade body Propertymark that the controversial Renters Reform Bill must fairly reflect the importance of...

23 October 2023

From: Breaking News

Section 21 U-turn - more details given by government

More details have emerged of what appears to be a sort of stay of execution for Section 21 eviction powers. The abolition...

23 October 2023

From: Breaking News

New lettings director arrives from arch rival agency

Savills has appointed Marielle Papadopoullos as head of lettings in its key Hampstead office.  Papadopoullos, who joins as a director, has over...

23 October 2023

From: Breaking News

Agents attacked for getting “money for nothing” from landlords

An online lettings platform is attacking agents for their fees, which it describes as a “waste” of landlord funds. Hello Neighbour, a...

23 October 2023

From: Breaking News

Surprise as council praises local agents for ‘giving back’

Councils have become increasingly hostile towards agents in recent times, with increased regulation and licensing of the private rental sector in...

23 October 2023

From: Breaking News

Renters Reform Bill - government concession on Section 21

The government has pledged that section 21 repossessions will not be scrapped until improvements have been made to the way courts...

20 October 2023

From: Breaking News

Government may change rules governing Pooled Client Accounts

A government minister has pledged to act on the threat to lettings agents posed by banks acting against pooled client accounts. Many...

20 October 2023

From: Breaking News

Major boost for buy to let mortgage range

There’s been a significant increase in the buy to let mortgage product range according to analysis by independent service Moneyfacts.  A year...

20 October 2023

From: Breaking News

Stock Exchange Award for high-flying agency group

The Belvoir franchise giant has scooped a London Stock Exchange award for business, environmental, governance and social issues. It’s won the Best...

20 October 2023

From: Breaking News

Politicians want to take ‘harder line’ with rogue agents

Harlow council says it wants to take a harder line against agents and landlords who knowingly let unsafe and substandard properties...

20 October 2023

From: Breaking News

Propertymark fees remaining the same in 2024

Trade body Propertymark says fees will remain unchanged next year.  “We’d like to thank all our members for their continued commitment to...

20 October 2023

From: Breaking News

Reapit’s new PropTech deal pledges to cut through licensing red tape

Reapit has inked a deal with fast-expanding PropTech service Kamma to automate information about private rental sector council licensing. This year is...

19 October 2023

From: Breaking News

Agency claims landlords not quitting rental sector in droves

A lettings agency - Leaders Romans Group - claims that landlords are not quitting the private rental sector in droves after...

19 October 2023

From: Breaking News

Renters Reform Bill will slash homelessness, claims charity

A charity claims the Renters Reform Bill, which gets its Second Reading in the Commons next week, will help reduce homelessness. New...

19 October 2023

From: Breaking News

Rate Rise Fears return after “bad news” inflation figure

There are growing fears of yet another Bank of England base rate rise next month following the surprise inflation figure released...

19 October 2023

From: Breaking News

Close link between rental and sales markets says prominent index

The latest edition of the Home housing index shows Conti suing close links between both the lettings and sales markets. The Home...

19 October 2023

From: Breaking News

Mortgage shock pushes agents into seeking government help for landlords

Propertymark has urged the government to tackle rising landlord costs immediately.The warning comes as new research suggests that landlords are spending...

18 October 2023

From: Breaking News

Renters Reform Bill - government announces next steps

The Renters Reform Bill is to get its long awaited Second Reading on Monday, October 23. The claim comes from today’s Financial...

18 October 2023

From: Breaking News

Chief executive takes credit for Foxtons dramatic turnaround

The chief executive of Foxtons, who has been in the job exactly one year, now claims the company has enjoyed “incredible...

18 October 2023

From: Breaking News

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