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KEYWORD "2020" - 100 RESULTS
Housing Market ‘back to the same size as before Covid’ - Savills

The UK housing market has returned to its pre-pandemic size, according to Savills analysis. Overall, the total value of the UK housing...

17 June 2024

From: Breaking News

Jitters: Reform Bill failure and July Election hit lettings market

Knight Frank is suggesting that a growing degree of uncertainty is hitting the rental market, particularly the high-end sector in the...

12 June 2024

From: Breaking News

Independent agency snapped up by private equity cash

An agency group with an acquisition programme funded by a private equity operation has snapped up another independent agency. Lomond - which...

03 June 2024

From: Breaking News

Beefed Up EPC must be priority for next government - call

Political parties should not allow the lengthy General Election campaign to delay work on a new and beefed-up Energy Performance Certificate...

30 May 2024

From: Breaking News

Agents, Start Your Engines - Formula 1 figures to address agents

Letting agents are being invited to two senior Formula 1 figures on how to improve their performance. Neil Martin has held senior...

23 May 2024

From: Breaking News

Hot Money now on August Interest Rate Cut

Inflation figures are down - but not as much as many analysts expected. The basic Consumer Price Index figure fell from 3.2%...

23 May 2024

From: Breaking News

Banned - rogue agents disqualified for abusing Covid loan scheme

The husband-and-wife directors of a Cornish lettings and estate agency have been disqualified from being company directors for a combined 12...

15 May 2024

From: Breaking News

Regional agency set up 28th branch after latest acquisition

North east England operator Pattinson Estate Agency is taking over another local rival firm. It’s acquired NS Bennett Estate Agents, in Stanley,...

10 May 2024

From: Breaking News

RICS: Landlord instructions in short supply as market slows

The latest RICS UK Residential Survey results suggests that tenant demand continues to lose momentum.  Alongside this, landlord instructions remain in short...

09 May 2024

From: Breaking News

OnTheMarket claims parity with Rightmove for new-build listings

It claims that “following a significant increase in the number of new homes advertised on the site” its new build listings...

08 May 2024

From: Breaking News

Lights Out and Away We Go: F1 star to address agents

Claire Williams, the former team principal of the legendary Williams Formula One Team , has been named as one of the...

07 May 2024

From: Breaking News

How Knight Frank sees it - market update from research guru

It feels as though the UK housing market is waiting for something to happen. The prevailing mood is one of anticipation with...

15 April 2024

From: Breaking News

Rents Under Pressure in parts of London, admits top agency

Supply has continued to build while demand remained steady, which increased downwards pressure on rents in the first quarter of 2024...

09 April 2024

From: Breaking News

Rents over a quarter higher than at the start of Covid - new stats

The latest rental data from PropTech supplier Goodlord has shown that March rents are now up by over 6% year-on-year.  And looking...

05 April 2024

From: Breaking News

Agency warns on landlords’ and tenants’ differing rent expectations

Prime London rental values ticked up 0.3% over the first three months of 2024, according to Savills, as the market continues...

04 April 2024

From: Breaking News

OnTheMarket hits record high advertising totals

OnTheMarket continues on its path to try to become the number one property portal, with a boast that it has a...

25 March 2024

From: Breaking News

Local Housing Allowance - momentum grows for annual increase

Propertymark is joining a growing chorus demanding an annual uprate of working age benefits and Local Housing Allowance. LHA rates have been...

25 March 2024

From: Breaking News

London lettings becoming more stable, says LonRes

February saw significant improvements in activity across the prime London lettings market, and annual rental growth also increased slightly after four...

21 March 2024

From: Breaking News

RICS Warning: rents still rising as landlords quit lettings sector

Today’s new market snapshot from the Royal Institution of Chartered Surveyors shows tenant demand rising but at a rather more modest...

14 March 2024

From: Breaking News

Working from home triggers higher rents in outer commuter areas

Towns within commuting distance of big cities have seen some of the UK’s largest rent rises in recent years, says Zoopla. The...

06 March 2024

From: Breaking News

Key appointments made to agency’s relaunched lettings division

Just weeks after announcing that it was launching a new residential lettings and property management division, regional agency Dacre, Son &...

04 March 2024

From: Breaking News

Agency pays £20,000 to employee for Injury To Feelings

A high profile lettings agency has had to pay almost £22,000 in damages to an employee who raised concerns about safety...

01 March 2024

From: Breaking News

HMRC reminds agents to update email and instant messaging contacts

Email and instant messaging contact details must be kept up to date for HMRC to contact agents about Anti-Money Laundering supervision. Propertymark...

28 February 2024

From: Breaking News

Foxtons says Build To Rent has vast growth potential as tenants age

Foxtons says the Build To Rent sector has vast growth potential - and even now in its infancy it is enjoying...

27 February 2024

From: Breaking News

Mould and Damp: Agents should act now, says Propertymark

Propertymark has used its website and link with a property inspection service to urge letting agents to work with private tenants...

26 February 2024

From: Breaking News

Nearly two-thirds more homes to let in Prime London than a year ago

Rental growth across prime London slowed again in January, with average rents falling on a monthly basis for the third time...

16 February 2024

From: Breaking News

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

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

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

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

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

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

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

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

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

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

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

Renters Reform Bill won’t take effect until late 2024 at the earliest

David Cox, the former ARLA chief executive, says the earliest that the Renters Reform Bill could come into effect is late...

09 January 2024

From: Breaking News

Buy To Let investors compete with owner occupiers  - Nationwide

Owner occupiers have been competing with landlords in the battle to purchase smaller properties, new figures show. Smaller properties are often preferred...

02 January 2024

From: Breaking News

Renters Reform Bill causing unease amongst investors - agency

The Jackson-Stops agency is warning that the Renters Reform Bill is driving investors away - and making the market worse, not...

28 December 2023

From: Breaking News

Recent rise in buy to let landlords quitting, confirms Bank of England

A new Bank of England survey has confirmed a growing outflow of landlords from the private rental sector since 2020. The Bank’s...

22 December 2023

From: Breaking News

Covid Fraud - property company bosses given suspended sentences

Two property company bosses have been sentenced following an Insolvency Service investigation which found they had abused a £30,000 Bounce Back...

20 December 2023

From: Breaking News

More guarantors demanded as economy slump goes on

An analysis of tenants renting between 2020 and 2023 shows a big rise in those on high salaries asked to provide...

19 December 2023

From: Breaking News

Prime lettings market now near normal says Knight Frank

There were 3.7 new prospective tenants for every rental property listed in prime London postcodes last month says Knight Frank. The figure,...

14 December 2023

From: Breaking News

Regional agency celebrates 30 per cent rise in lettings business

Berriman Eaton has reported a 30 per cent rise in its dedicated lettings business since 2020, with more than 420 properties...

13 December 2023

From: Breaking News

Rents soar as new demographics change face of renting in Britain

The total amount of rent paid by tenants in Great Britain this year will hit £85.6 billion - over twice the...

12 December 2023

From: Breaking News

Local Housing Allowance - call for even more help for low-income renters

Low-income renters will get a boost next spring - but a pressure group wants more government help for this sector. The Chancellor’s...

12 December 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

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

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

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

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

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

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

Yet another record rent rise reported by agency Hamptons

The average rate of annual rental growth on a newly let property in Britain hit 12.0 per cent in August, the...

18 September 2023

From: Breaking News

Agency says London rental market lull down to fewer overseas students

Rental value growth in prime London postcodes declined further in August as supply built and demand cooled.  That’s the view of high...

18 September 2023

From: Breaking News

Another small rental portfolio snapped up by Lomond

Lomond has acquired the rental portfolio of a lettings agency operating in Greater Manchester.   Lomond snapped up the lettings book of Harvey...

15 September 2023

From: Breaking News

Controversy surrounds Deposit Alternative schemes as probe begins

The Competition and Markets Authority’s in depth investigation into the controversial deposit alternative concept has been welcomed by one of the...

04 September 2023

From: Breaking News

Growing family cash help to lift buyers out of rental sector

Financial support from family members - not just parents - is expected to help fund 318,400 housing transactions in 2023, according...

01 September 2023

From: Breaking News

Swathes of England and Wales becoming less affordable - claim

Almost a quarter of England and Wales will become less affordable to buyers by 2025, it’s been claimed. The findings - from...

25 August 2023

From: Breaking News

Up and Up! Hamptons says rent growth shows no sign of slowing

There are few signs that the pace of rental growth is slackening, warns Hamptons. It says the cost of a new tenancy...

14 August 2023

From: Breaking News

Joy as London stock supply improves - but no respite for renters yet

The long-awaited supply increase in the prime London lettings market is underway, says high-end agency Knight Frank.  The agency says the underlying...

09 August 2023

From: Breaking News

Impossible? The housing target Gove and Sunak must hit

Research from a property developer suggests that the government needs to deliver an average of 67,500 new homes a quarter by...

07 August 2023

From: Breaking News

Prime London rental market’s “remarkable growth” - agent’s data

The post-Covid prime lettings market in London has seen remarkable growth, an agency says. The latest data from Berkshire Hathaway HomeServices London...

24 July 2023

From: Breaking News

Another interest rate rise likely - but might it be the last for now?

Most economic and housing analysts believe another base rate rise is on the cards for next month - but the sharp...

20 July 2023

From: Breaking News

Big rise in affluent tenants needing to provide guarantors

Increasing numbers of relatively well-paid tenants are being asked to provide a guarantor. That’s the view of PropTech firm Goodlord which says...

18 July 2023

From: Breaking News

Shock at size of fall in landlord instructions

The results of the latest RICS UK Residential Survey, out today, point to a renewed worry about the housing market. The survey...

13 July 2023

From: Breaking News

Rent Controls backfire - Propertymark speaks out

Propertymark has given details of how it believes the Scottish Government rent control system has backfired and works against the interests...

11 July 2023

From: Breaking News

Prime London rental growth starts to slow - Savills

Prime London’s rental growth has started to slow on an annual basis, according to the latest Savills prime lettings index. But the...

11 July 2023

From: Breaking News

Renters Reform Bill measures may be extended - BBC report

The BBC says discussions are underway to extend the Renters Reform Bill to specifically outlaw any rental listing banning families and benefit recipients...

06 July 2023

From: Breaking News

‘Bad to disastrous’ - sharp fall in private rental listings

New research shows a 41 per cent reduction in the number of London properties available for private rent since the Covid-19...

06 July 2023

From: Breaking News

Tenancy renewals shoot up as renters delay decisions to buy

A lettings agency dealing primarily with Prime Central London is reporting that tenancy renewal volumes are shooting upwards as renters stay...

06 July 2023

From: Breaking News

Fraudster agent must repay £123,000 or face more jail time

A fraudster lettings agent must repay £122,922.68 to her old firm within three months - or face yet more time in...

26 June 2023

From: Breaking News

Tenants selected for building society’s unique rental scheme

The Cambridge Building Society has selected two tenants by ballot to receive up to 70 per cent of their rent back...

23 June 2023

From: Breaking News

Anti-Social Short Lets - Airbnb reveals crackdown details

Airbnb claims there has been a 75 per cent drop in party reports made to Airbnb in the UK since its...

07 June 2023

From: Breaking News

Phil Spencer urges letting agents to go on the offensive

I was surprised the other day to read statistics from the English Housing Survey about how many landlords use letting agents. In...

05 June 2023

From: Breaking News

Tenants ‘more likely to have Netflix than contents insurance’

A PropTech supplier to letting agents claims that tenants are more likely to have Netflix than contents insurance.  A survey of 1,013...

01 June 2023

From: Breaking News

Average rents pass four-figure milestone as stock shortage goes on

Strong rental growth pushed the average monthly rent on a newly let property outside London up to £1,002 pcm in April,...

19 May 2023

From: Breaking News

Building Society opens applications for unique rental scheme

The Cambridge Building Society has opened applications for its unique Rent to Home scheme. Last month it announced that it had invested...

16 May 2023

From: Breaking News

Politicians told to do more to help tenants on benefits

Propertymark has told a group of MPs that many benefit recipients are excluded from the private rented sector due to the...

15 May 2023

From: Breaking News

Build To Rent stalls - good news for buy to let agents and landlords?

The number of Build To Rent completions has fallen by 56 per cent in the past year, a decline being very...

09 May 2023

From: Breaking News

High rents push more first timers into buying - claim

The property market could be emerging from the downturn, Zoopla says.  Annual house price growth remains just 3.0 per cent according to...

04 May 2023

From: Breaking News

Agents jailed for role in multi-million-pounds drugs crimes

Two agents who helped establish a multi-million-pound drugs ring in two cities have been jailed. Ossama Omar and Mohamed Latif ran Platinum...

21 April 2023

From: Breaking News

Building Society buys houses to let out in rental scheme

The Cambridge Building Society has invested in two family-sized houses to expand its unique ‘Rent to Home’ rent-return housing scheme. The two...

20 April 2023

From: Breaking News

Build To Rent for seniors - retirement housing specialist reveals bid

Retirement housing specialist Pegasus wants to become a big player in Build To Rent and has employed the  Savills agency to...

17 April 2023

From: Breaking News

Agency uncovers big fall in property taxes

Revenue from property taxes in Scotland has dropped significantly so far this year, according to a prominent lettings agency.  DJ Alexander Ltd...

12 April 2023

From: Breaking News

Agency fined for its role in illegal HMO letting

A London lettings agency has been ordered to pay over £12,000 in a fine and costs for its part in running...

11 April 2023

From: Breaking News

Agents step up call for scrapping of LHA freeze

Propertymark has renewed its call for Local Housing Allowance  - which has remained static since 2020 - to be increased. It says...

05 April 2023

From: Breaking News

Agents say Business Rate changes for branches are ‘not enough’

Letting agencies with physical offices are being presented with a new business rates system in the future. But Propertymark says the changes...

03 April 2023

From: Breaking News

Renters quit big city centres in search of lower rent locations

Rightmove says growing numbers of renters are leaving Britain’s cities to find a cheaper place to live or to get more...

17 March 2023

From: Breaking News

Shelter angry at Hunt’s ‘nothing about housing’ Budget

Campaigning charity Shelter is angry with Chancellor Jeremy Hunt over his Budget  While most in the property industry have expressed relief that there...

16 March 2023

From: Breaking News

Phil Spencer urges agents to use the hard sell on Buy To Let

Location, Location, Location star Phil Spencer says it’s time for agents to go for the ‘hard sell’ on Buy To Let,...

13 March 2023

From: Breaking News

Property investment chief falsely claimed Bounce Back Loan

The head of a property investment firm has been disqualified from being a director for 12 years following the discovery that...

10 March 2023

From: Breaking News

Agents urged to regularly inspect to spot damp and mould

A combination of regular inspections and pro-active installation of ventilation can help to reduce the risk of dangerous damp and mould...

03 March 2023

From: Breaking News

Rental market to stay strong as First Time Buyer numbers plummet

A new analysis suggests that the number of first time buyers has plummeted by over 10 per cent in the past...

23 February 2023

From: Breaking News

Lettings manager guilty of fraud - but how much did she take?

A former lettings manager has pleaded guilty to defrauding her agency employers for almost five years - but there’s uncertainty over...

13 February 2023

From: Breaking News

Second huge fine for lettings firm’s HMO non-compliance

A lettings company called Trophy Homes Limited, based in Liverpool, has pleaded guilty to failing to apply for an HMO licence...

06 February 2023

From: Breaking News

HMO numbers falling despite need for more rental properties

England’s HMO market is shrinking despite a widespread need for more affordable rental accommodation. In 2019/20, there were an estimated 510,776 HMOs...

03 February 2023

From: Breaking News

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