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Rent Control threat - agents warn politicians not to meddle with market

Propertymark has issued a statement warning politicians not to introduce rent controls by the backdoor through processes which tinker with the...

18 October 2023

From: Breaking News

It’s a record! Sixth office opened by ambitious franchise owner

Belvoir has expanded its presence in Scotland following the opening of a brand-new office in Kirkcaldy.  The branch is the sixth Belvoir...

18 October 2023

From: Breaking News

New Rental Listings Portal designed to by-pass letting agents

A new rental property listings platform - called Krispyhouse - can completely by-pass letting agents. It describes itself as a ‘dating service’...

17 October 2023

From: Breaking News

Prominent agent demands wider reform of eviction rules

A prominent lettings agent has called for a wider reform of eviction rules. This follows a demand by a group of...

17 October 2023

From: Breaking News

Some landlords cutting rents as tenant demand eases at last

London-focused agency Chestertons says it’s enjoyed a record month for lettings. This was driven by increasing demand for short-term rentals from business...

17 October 2023

From: Breaking News

Annual Rental Growth still in double figures, reports leading agency

Annual rental growth across remained in double-digits during September, with the average cost of a new let up 11.7 per cent...

17 October 2023

From: Breaking News

Homes For Ukraine - government faces hard decisions on scheme future

The National Audit Office says the government will soon have to take hard decisions on the future for the Homes For...

17 October 2023

From: Breaking News

Mortgage Crisis forcing rental sector to contract further - Hamptons

Landlords in the UK are paying 40 per cent more mortgage interest than in August 2022, forcing more of them to...

16 October 2023

From: Breaking News

New boss for controversial John Lewis private rental initiative

A new director of property has been named by the John Lewis Partnership, to lead its controversial Build To Rent initiative. Martin...

16 October 2023

From: Breaking News

Rightmove data chief to update agents on rental market latest

Propertymark’s regional conferences are now in full swing with the next event at the Canterbury Cathedral Lodge in Kent on  November...

16 October 2023

From: Breaking News

Rent control changes introduced for shared ownership homes

The government has changed the way shared ownership rents can be increased. This change will apply to the leases of new shared...

16 October 2023

From: Breaking News

Agents urged to find buyers for landlords who want to sell up

A lettings industry mentor has issued a plea to agents to do more to protect their landlords’ livelihoods. Sally Lawson, founder of...

16 October 2023

From: Breaking News

Buy To Let has grown massively in recent years - new statistics

Government data shows that as of 2022 some 15.29 per cent of homes in England are privately rented, with 14.9 per...

13 October 2023

From: Breaking News

Build To Rent ‘may get favourable treatment’ on rent legislation

A controversial consultation document about rent controls is proposing that Build To Rent operators be exempt from the caps which may...

13 October 2023

From: Breaking News

London expansion for agency network after acquiring independent

A long-standing Martin & Co franchisee is expanding his network of London offices following an independent agency acquisition. Michael van de Vyver, who...

13 October 2023

From: Breaking News

Public optimistic about housing market despite feeling worse off

UK consumers feel worse off than a year ago, but remain relatively optimistic about the property . That’s the conclusion of a...

13 October 2023

From: Breaking News

Agents warn of time bomb after lettings agency report

Propertymark has urged the government to take the potential Help to Buy ‘timebomb’ seriously. The news comes as London lettings agent Benham...

13 October 2023

From: Breaking News

RICS warns that rents are to go still higher as demand soars

The latest lettings market survey by the Royal Institution of Chartered Surveyors shows rental demand continuing to rise.  A net balance of...

12 October 2023

From: Breaking News

High profile city agency rebrands following end of licensing deal

Long established property business Newton Letting is rebranding as Rosevale Letting, following the conclusion of a licensing period. Former Newton employee, Riccardo...

12 October 2023

From: Breaking News

Growth slows in Prime London rental markets

Prime London rents are still rising - but that growth is slowing, says Knight Frank. And the number of new prospective tenants...

12 October 2023

From: Breaking News

Propertymark Backs Radical New Property Tribunal System

Propertymark has backed the idea of a new property tribunal system for Wales to simplify court processes. The proposal merges nine current...

12 October 2023

From: Breaking News

Agents in desperate homes plea to Sunak

Propertymark has called on the government to reintroduce the Empty Homes Programme following the latest news that England has a growing...

12 October 2023

From: Breaking News

Airbnb may offer long-term rentals, not just short lets

Airbnb’s global chief executive has suggested that the short lets platform may handle longer term rentals in future. Brian Chesky, in an...

11 October 2023

From: Breaking News

Agency on the acquisition trail after snapping up independent

A Bristol estate agent has hit the acquisition trail, snapping up a local independent. Bristol Property Centre Estate Agents, which is situated...

11 October 2023

From: Breaking News

Who cares about Build To Rent? Not MPs by the looks of it….

A PR exercise has discovered that 89 per cent of UK MPs would not give priority to Build-to-Rent schemes in their...

11 October 2023

From: Breaking News

Millions invested in education project for agents and tenants

Five councils are delivering what they call “a ground-breaking project” aimed at improving the experience and environment for landlords and tenants...

11 October 2023

From: Breaking News

Revealed - the best yields for investors near universities

Landlords wanting to make a healthy return from their investment should target student properties in the North of England and Scotland,...

11 October 2023

From: Breaking News

Rayner’s Section 21 Reform must not kill private rental sector - warning

Propertymark has fired a broadside at Labour saying it must provide agents with a proper court system to handle evictions. Labour deputy leader...

10 October 2023

From: Breaking News

Agency fined for bullying tenants it wanted to illegally evict

Media reports in Brighton say that a lettings agency which serve tenants with illegal eviction notices and unjustified legal threats has...

10 October 2023

From: Breaking News

Agency group signs big deal with landlords association

The Leaders Romans Group of lettings agencies has signed a deal with the National Residential Landlords Association. LRG will become the NRLA’s...

10 October 2023

From: Breaking News

Independent agency snapped up by local franchise office

An independent agency managing 115 lettings units has been snapped up its local Belvoir franchise. Tim Hughes, owner of Belvoir Newbury, has...

10 October 2023

From: Breaking News

Husband and wife triple their lettings business overnight

Husband-and-wife team John and Shirley Ounsworth have completed on the acquisition of Osprey Lettings. The couple - who run a Northwood franchise...

10 October 2023

From: Breaking News

Pooled Client Accounts - Government admits problem with banks

It looks as if the government is accepting that there is a problem with how banks treat Pooled Client Accounts -...

09 October 2023

From: Breaking News

Labour should champion lettings agent regulation - Propertymark

Propertymark has urged Labour to licence letting agents under its plans to ‘fundamentally reform the private rented sector’. The trade body also...

09 October 2023

From: Breaking News

Rayner slams Tory rental “failures” but light on Labour policy details

Labour deputy leader and shadow housing secretary Angela Rayner has given her party’s conference an outline of future policy plans. She says:...

09 October 2023

From: Breaking News

Seminar for Letting Agents ahead of major benefits shake-up

Social housing provider Caridon Property is hosting a series of free seminars to prepare letting agents for the migration of Housing...

09 October 2023

From: Breaking News

Market Showing - prime rental growth starting to moderate

Rental growth in prime regional markets has started to slow, following runaway growth over the past three years. That’s the view from...

09 October 2023

From: Breaking News

Letting agents accused of “profiteering” rent rises

A new manifesto calling for rent controls and a raft of other measures is accusing the current rent rises of being...

06 October 2023

From: Breaking News

Rent Control proposals slammed by prominent industry commentator

Proposals for rent controls made in a government consultation document have been slammed by a prominent industry commentator and PropTech entrepreneur. The...

06 October 2023

From: Breaking News

Cash investors snap up prime London flats from fleeing landlords

Prime London markets are proving more resilient to rising interest rates than their mainstream equivalents, says Savills. Prices in prime central London...

06 October 2023

From: Breaking News

Pressure from High Demand As Intense As Ever - new stats

Rent levels and voids held steady over the past month with strong demand keeping annual price growth at nearly eight per...

06 October 2023

From: Breaking News

Parents and Pet Owners Pay More for Renting - claim

Parents and pet owners are paying as much as £460 per month more for rent and bills, it’s claimed. The claim comes...

06 October 2023

From: Breaking News

Agents overwhelmed by enquiries for every available property

Letting agents are currently managing 25 email and phone enquiries on average for every property they have to let across Britain,...

05 October 2023

From: Breaking News

Where Rents Have Risen 41% in Five Years

Tenants in Bristol are paying 41 per cent more for a rental property than they did just five years ago, it...

05 October 2023

From: Breaking News

Agency makes fifth lettings acquisition of the year

Midlands-based land and property company Sheldon Bosley Knight has made another lettings acquisition - its fifth in 2023. Leicestershire-based Andrew Granger &...

05 October 2023

From: Breaking News

Lettings service set up in franchise giant’s original office

Hunters’ first ever franchised branch in the North Yorkshire town of Selby is under new ownership after 16 years. James Powell, who...

05 October 2023

From: Breaking News

PropTech App claims to onboard tenants and manage tenancies

Lendlord, a platform for the property investment space, has launched a Tenants App to streamline the way renters communicate with agents...

05 October 2023

From: Breaking News

Leading agent angry over licensing lack of communications

A high profile lettings agent has written to his local council seeking information about an Additional Licensing scheme which has expired...

04 October 2023

From: Breaking News

Many want to go self-employed - but do the figures add up?

At a time when the agency industry is being wooed by new self employed business models, a new survey suggests most...

04 October 2023

From: Breaking News

Surprise move by Propertymark, welcoming house price fall

Propertymark has cautiously welcomed the Nationwide’s house price index showing a 5.3 per cent fall in the year to September. It says...

04 October 2023

From: Breaking News

Agents call for root and branch housing court reform

Propertymark says it hopes that a Welsh Government White Paper proposing that nine devolved housing tribunals are consolidated into a single...

04 October 2023

From: Breaking News

Industry first for agency winning OFSTED support for staff training

London lettings and sales agency Dexters is the first in the UK to gain OFSTED accreditation for its training. Its academy offers...

04 October 2023

From: Breaking News

Agent Reports Tenants In Tears as Landlords Quit Sector

Local media in one of Britain’s busiest cities for rentals says tenants have been left in tears as a result of...

03 October 2023

From: Breaking News

Rent Rises Even Higher Than Expected - agency revises forecast

A leading lettings agency and property consultancy has revealed that it anticipate stronger-than-expected rental growth this year and next in prime...

03 October 2023

From: Breaking News

Agency chain to pilot long-distance remote lettings management

Spicerhaart is setting up a remote centralised lettings management service which it says will operate “from Cardiff to Colchester, and Birmingham...

03 October 2023

From: Breaking News

Lettings PropTech firm passes big rental sector milestone

PropTech service Propoly says it’s handled £50m of rental transactions so far this year. Propoly - launched in 2020 and boasting early...

03 October 2023

From: Breaking News

Flats Underperforming in Housing Market - Nationwide

Apartments are underperforming when it comes to capital growth, according to the Nationwide. The lender, in its latest house price index, says...

03 October 2023

From: Breaking News

Sunak slammed for U-turn on private rental energy efficiency

An industry body - the Property Energy Professionals Association - has condemned the Prime Minister’s abandonment of Minimum Energy Efficiency Standards...

02 October 2023

From: Breaking News

Landlords’ and tenants’ money lost in agency administration

Thousands of pounds of landlords’ money may be lost as a result of the administration of high-profile London lettings agency Douglas...

02 October 2023

From: Breaking News

Huge scale of rental sector reliance on mortgages revealed

The buy to let sector appears more heavily reliant on mortgages than some analysts have previously suggested. Specialist lending service Octane Capital has...

02 October 2023

From: Breaking News

New How To Rent Guide to be issued today

The Department of Levelling Up, Housing and Communities says a new How To Rent guide will be issued today, October 2. Letting...

02 October 2023

From: Breaking News

RICS tells Tories - do more to improve supply of rental properties

The Royal Institution of Chartered Surveyors is launching its manifesto at this week’s Tory party conference - and improving the supply...

02 October 2023

From: Breaking News

Good News - More landlords instruct letting agents

Increasing numbers of landlords are considering instructing lettings agents for the first time because of increased red tape and the complexity...

29 September 2023

From: Breaking News

EPC U-turn - Agent welcomes Sunak’s change of heart

The lettings chief in a prominent regional agency says she’s delighted that Prime Minister Rishi Sunak has done a dramatic U-turn...

29 September 2023

From: Breaking News

High end agency beefs up prime lettings team

Property consultancy Knight Frank is beefing up its super prime lettings team.  Amy Pritchard has joined as Senior Lettings Negotiator in the...

29 September 2023

From: Breaking News

Young tenants delay life-changing decisions while renting

Young couples are delaying marriage and starting families until they get out of the rental sector, research by Yorkshire Building Society...

29 September 2023

From: Breaking News

New support helpline opens for ARLA Propertymark members

Propertymark is introducing a new dedicated Lettings Helpline for ARLA members in England and Wales.  Until now Propertymark has provided members with access...

29 September 2023

From: Breaking News

“Heavy Handed Banks” slammed for pooled client account crisis

Propertymark has responded to an HM Treasury consultation on anti-money laundering processes - and in doing so it’s slammed “heavy handed...

28 September 2023

From: Breaking News

Gove to be quizzed on Renters Reform Bill

Housing Secretary Michael Gove will address the main Conservative party Conference on Tuesday morning next week - but perhaps his most...

28 September 2023

From: Breaking News

Agents sign up to niche property management service

A lettings service called Smarter Rent is partnering with agents and developers to provide what it calls ”“an innovative property rental...

28 September 2023

From: Breaking News

Agency switches from residential despite strong lettings showing

Latest market data from LSL Property Services - which includes the Your Move and Reeds Rain brands - shows a 10...

28 September 2023

From: Breaking News

Huge number of renters struggle to make payments - Which?

An estimated seven million UK households are struggling to keep up with their rent or mortgage payments, Which? warns, with millions...

28 September 2023

From: Breaking News

Airbnb woos Labour saying short lets can be “lifeline”

Airbnb has taken the unusual step of buying space on an influential Labour Party website, just ahead of the party’s conference. Amanda...

27 September 2023

From: Breaking News

Cut-price properties tempting investment buyers, says accountancy chief

Some prospective buy to let landlords may be about to use their equity to snap up investment properties at discounted rates,...

27 September 2023

From: Breaking News

Market already cooling thanks to Election speculation - claim

It may still be 16 months until the furthest date for the next General Election but with party conference season in...

27 September 2023

From: Breaking News

Want to give advice to Chancellor Jeremy Hunt?

The Autumn Statement on November 22 is the traditional vehicle for the Chancellor to introduce tax change - but now you...

27 September 2023

From: Breaking News

UK accommodation platform links with Scandi tech firm

A Manchester-based company which runs what it calls “an instant booking student accommodation marketplace” has joined forces with Norwegian tech firm...

27 September 2023

From: Breaking News

Underpaid and Undervalued - agents unhappy with their lot

New research shows that the majority of letting agents believe they are not paid sufficiently for their work. Research from the Goodlord...

26 September 2023

From: Breaking News

Bentley-driving lettings agent banned after smash

Local media on the south coast are reporting that a lettings agent crashed his Bentley into two parked cars and then...

26 September 2023

From: Breaking News

Crisis Point! Supply now “drastically low” compared to demand

It’s getting worse - the supply-demand mismatch in the rental sector is now “drastic” says Propertymark. The number of new prospective tenants...

26 September 2023

From: Breaking News

Police urge agents to smoke out illegal cannabis farms

Police are urging letting agents and landlords to act swiftly if they think one of their properties is being used as...

26 September 2023

From: Breaking News

Marketing partnership for digital services supplier

A website and digital services supplier has partnered with a social media marketing firm. Property Webmasters is working with flow to provide...

26 September 2023

From: Breaking News

Rent Controls at heart of Shelter’s General Election manifesto

Shelter has published what it calls a General Election manifesto with rent controls at its heart. Called The Way Home: a manifesto to...

25 September 2023

From: Breaking News

Westminster wants to tax short let tenants

Westminster’s Labour controlled council is stepping up its war on Airbnbs and other short lets. It was a mandatory registration system for...

25 September 2023

From: Breaking News

Scrap Renters Reform Bill!  Leading agent makes dramatic plea

A prominent agent has called on politicians to scrap the Renters Reform Bill . He says it’s “ill thought-through and would be...

25 September 2023

From: Breaking News

Eyes on Lenders - rates expected to drop sharply this week

Mortgage experts are expecting significant falls in the cost of borrowing this week as lenders drop their rates. Following last week’s decision...

25 September 2023

From: Breaking News

Agency Awards - under two weeks to nominate

There is under a fortnight remaining for agents to nominate for Propertymark Qualifications annual awards, to be held at the London...

25 September 2023

From: Breaking News

EPC Relaxation: warning that boiler grant awareness still low

Propertymark has given strong support to the government’s “flexible and affordable” approach to the green policy agenda,  Timothy Douglas, Head of Policy...

22 September 2023

From: Breaking News

Industry figure claims scrapping S21 isn’t so very bad…

The government should “just get on with implementing the Renters Reform Bill” an industry figure says.  Jonathan Rolande of the National Association...

22 September 2023

From: Breaking News

Council Tax set to double for second homes

The Scottish Government is proposing to give local councils the discretion to charge Council Tax premiums of up to 100 per...

22 September 2023

From: Breaking News

Deposit Alternative firm claims tenants need multiple finance sources

A deposit alternative service says increasing numbers of renters need multiple sources of funding for traditional deposits. Zero Deposit says its survey...

22 September 2023

From: Breaking News

Buy To Let sell off triggers flurry of auction activity

The auction house appears to be bucking the downward trend in the wider housing market. And much of it is down to...

22 September 2023

From: Breaking News

Surprise Interest Rate decision by Bank of England

The Bank of England has revealed its latest decision on base rate - which in turn has a strong influence on...

21 September 2023

From: Breaking News

Hot Stuff! Top agent welcomes Sunak’s eco U-turn

A leading agent has welcomed the dramatic U turn by the government on how it is to meet its net zero...

21 September 2023

From: Breaking News

Agency in the dock for failing to licence rental property

An agency has been fined by a London council for failing to licence a property it was managing. Gracechurch Property Services has...

21 September 2023

From: Breaking News

Gas Boiler Ban Delay - very few backed original idea

Fewer than one in five homeowners support the government’s plans to ban gas boilers in new homes by 2025, with 83...

21 September 2023

From: Breaking News

Renters Reform Bill - Agents urged to lobby MPs with amendments

A prominent industry supplier is urging agents and landlords to lobby MPs to suggest improvements to the Renters Reform Bill.  PayProp UK...

21 September 2023

From: Breaking News

Agents’ leader tells government to incentivise private rental sector

The chief executive of Propertymark has reiterated his call for the government to make investment in buy to let attractive. Nathan Emerson says:...

21 September 2023

From: Breaking News

Foot Off The Gas - boiler ban deadline may be eased

The Times is reporting that a delay to the controversial ban on gas boilers is being considered by the government as...

20 September 2023

From: Breaking News

Buy to let income up despite rising costs and red tape

Landlords in England and Wales have seen their rental portfolio income increase by 8.7 per cent in the past year.  That’s according...

20 September 2023

From: Breaking News

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