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KEYWORD "Ban" - 101 RESULTS
Bidding Wars not the problem - they’re just a symptom

A prominent lettings agent says banning agents and landlords conducting bidding wars for a rental property is not addressing the real...

19 July 2024

From: Breaking News

40 Not Out! Valerie celebrates four decades in lettings

Letting industry doyen Valerie Bannister has celebrated 40 years in the industry with a party thrown by her employer, Your Move.  Valerie...

19 July 2024

From: Breaking News

No details of Renters Rights Bill until October - expert

David Cox, the former chief executive of ARLA Propertymark and now a senior executive at Rightmove, says it’s unlikely we’ll see...

18 July 2024

From: Breaking News

Landlords are getting younger, new data shows

The average age of landlords acquiring new rental property with a buy to let mortgage has fallen over the past decade,...

18 July 2024

From: Breaking News

Rents rising in most areas as high interest rates hit long-term supply

Asking rents continue to show posi­tive, albeit lower, growth in most regions according to the property website Home. The site conducts a...

15 July 2024

From: Breaking News

Households will have to invest in Green technology - Carney

Former Bank of England governor Mark Carney is warning that homeowners, including those serving the private rental sector, will have to...

12 July 2024

From: Breaking News

Deposit alternative provider claims record first half of year

Deposit alternative provider flatfair claims to have enjoyed a record-breaking start to 2024, forming 61 new partnerships.  These include Concept Estate Agents,...

12 July 2024

From: Breaking News

Agents warn Rayner - “don’t scrap Section 21 without a replacement”

Propertymark has warned Labour’s Deputy Prime Minister against scrapping Section 21 eviction powers without an adequate replacement. If Angela Rayner does fulfil...

11 July 2024

From: Breaking News

Tenants reveal biggest ‘deal breakers’ when looking for rental property

Data sourced from millions of Barclays current accounts reveals spending on rent and mortgages rose just 1.5% year-on-year in June –...

11 July 2024

From: Breaking News

RICS urges Labour to do more on housing

The Royal Institution of Chartered Surveyors says it welcomes the new Labour government’s ambitious housing plans - but it also casts...

10 July 2024

From: Breaking News

Labour “serious about change” and “grasping the nettle” - top agent

Labour’s proposed planning reforms indicates that the new government is serious about change and grasping the nettle on housebuilding. That’s the view...

09 July 2024

From: Breaking News

Interest Rates, not election worry, hold back housing market

Leading property players and analysts suggest that the lacklustre housing market figures produced by the Halifax over the weekend owe more...

08 July 2024

From: Breaking News

Knight Frank warns Labour not to push Rental Reform too far

Knight Frank says the incoming Labour government faces a potential clash between what is politically desirable and economically possible, in terms...

08 July 2024

From: Breaking News

Popular Buy To Let mortgage lender is latest to cut rates

Paragon Bank has reduced rates on its core range of buy-to-let mortgages, taking 15bps off 10 products, in addition to launching...

05 July 2024

From: Breaking News

Labour’s Housing Policies - next five years start today

The biggest rental sector headline from Labour’s manifesto may well be its pledge for the “immediate” abolition of Section 21 eviction...

05 July 2024

From: Breaking News

Rightmove says rents at record high, and challenges new government

The latest snapshot of the rental market from Rightmove reveals that average advertised rents for tenants outside of London have reached...

03 July 2024

From: Breaking News

Election result already priced-in to housing market, says top analyst

The result of the election isn’t likely to be a gamechanger for the housing market, a prominent business consultancy says.  An analysis...

02 July 2024

From: Breaking News

Labour Housing Plans hitting the ground running after Thursday

If Labour wins Thursday’s General Election. expect three major housing announcements within a fortnight. That’s the exclusive claim from the Sunday Times...

02 July 2024

From: Breaking News

Warning - ‘new normal’ interest rates to be far higher than before

Although much focus is on the Bank of England and when it will begin to cut interest rates, a sobering warning...

01 July 2024

From: Breaking News

Agency worried over Rayner scrapping Section 21 “on day one”

A lettings agency which has given broad support to the Renters Reform Bill now says it’s concerned that shadow housing Secretary...

01 July 2024

From: Breaking News

Rightmove: Rental EPCs must be improved with government help

A huge survey involving analysis of over 14,000 properties suggests an urgent need for the next government to help private rental...

26 June 2024

From: Breaking News

Want your agency to be successful? Then pay staff more!

Paying staff too little is a sure-fire way to hinder growth and profits, according to letting expert and former ALRA President,...

25 June 2024

From: Breaking News

Experts warn against corporates monopolising private rentals

The decision of property developer Berkeley Group to enter the private rental sector is bad news for tenants, it’s claimed. Berkeley plans...

25 June 2024

From: Breaking News

Bidding Wars - letting agents mostly to blame, says campaigner

A ban on so-called bidding wars, which Labour now proposes, would have to include letting agents as well as landlords a...

24 June 2024

From: Breaking News

Lloyd’s Bank private rental offshoot begins £13m city project

Work has started on yet another Build To Rent scheme - this time a £13m project in Nottingham. The project, on a...

24 June 2024

From: Breaking News

Lomond acquires well known south of England agency chain

Lomond has announced yet another acquisition, this time expanding its presence across the south coast with by snapping up Mishon Mackay. The...

21 June 2024

From: Breaking News

Interest Rate Decision announced by Bank of England

The Bank of England has kept base interest rate at 5.25%. Some industry figures hoped for a cut following yesterday’s inflation news,...

20 June 2024

From: Breaking News

Labour to ban bidding wars and high upfront rental payments

Labour has stepped up its programme clamping down on what it calls “unscrupulous landlords strangling growth.” Specifically this means ending bidding wars,...

20 June 2024

From: Breaking News

No Excuse Not To Cut Rates Today - Agents’ demands

Inflation back on target and following speculation about a summer interest rate cut have prompted Propertymark to insist that the Bank...

20 June 2024

From: Breaking News

Renting Still Cheaper Than Buying with a 5% Deposit

Would-be buyers with a 5% deposit face paying £300 per month more in mortgage repayments than if they continued renting, says...

19 June 2024

From: Breaking News

Energy Performance Certificates slammed as “inaccurate”

Energy Performance Certificates can be riddled with inaccuracies and give unhelpful advice to property owners. That’s the view of consumer service Which? Which?...

18 June 2024

From: Breaking News

Two new London offices for Connells’ high-end brand

John D Wood & Co., one of the UK’s oldest lettings and estate agents dating back over 150 years, has expanded...

18 June 2024

From: Breaking News

Lomond continues aggressive growth strategy with new acquisition

Lomond’s John Shepherd brand has acquired a small Birmingham lettings agency, Xact Lettings. No figure is given for the number of lettings...

18 June 2024

From: Breaking News

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

Leasehold Reform Is Far From Over, Whoever Wins on July 4

Leasehold reform still has a long way to run, according to the Association of Leasehold Enfranchisement Practitioners (ALEP). The major party manifestos...

17 June 2024

From: Breaking News

Eco-Improvements demanded by most tenants - new bank survey

A small survey by a bank suggests that almost 100% of buy to let investors surveyed have received requests from tenants...

14 June 2024

From: Breaking News

Material Information - PropTech tool launched to help agents

Reapit has launched a new feature to help agents comply with material information guidelines from the National Trading Standards Estate and...

14 June 2024

From: Breaking News

Section 21 to be scrapped by Labour immediately

Labour’s manifesto, just released, makes a pledge to enact the “immediate” abolition of Section 21 eviction powers, along with other private...

13 June 2024

From: Breaking News

‘No Interest Rate Cut This Summer’ after bad news from government

Any lingering hope of a pre-election interest rate cut by the Bank of England has been hurt by the government’s Office...

12 June 2024

From: Breaking News

Agents Distinctly Underwhelmed by Tories’ manifesto pledges

Agents, and others in the lettings industry, have given a sceptical response to the Conservative manifesto and its varied pledges about...

12 June 2024

From: Breaking News

Word-for-Word - Conservative Rental and Housing Manifesto Pledges

The Conservatives have this afternoon set out a 78-page manifesto, of which just over two pages are given to housing and...

11 June 2024

From: Breaking News

Independent agency snapped up by private equity-funded firm

Lomond’s John Shepherd brand has acquired a small Birmingham lettings agency, Xact Lettings. No figure is given for the number of lettings...

11 June 2024

From: Breaking News

Renters increasingly reconciled to not owning a home in future

Data sourced from millions of bank accounts reveals spending on rent and mortgages increased 6.3 per cent year-on-year in May. Barclays data...

11 June 2024

From: Breaking News

Stamp Duty Challenge - Tories pledge 'no change' but will Labour follow?

The housing market has suddenly become a major part of the General Election campaign as a result of a challenge thrown...

07 June 2024

From: Breaking News

Agent pleads with landlords to believe in buy to let

The director of a London lettings agency says buy to let landlords are entitled to feel downtrodden but claims it’s still...

07 June 2024

From: Breaking News

Rightmove slams major parties for ignoring growing housing crisis

In an unusually outspoken intervention into the election campaign, Rightmove has criticised the absence of debate over housing. The issue has not...

06 June 2024

From: Breaking News

Lloyds Bank rental property initiative signs PropTech deal

Citra Living, the Build To Rent offshoot of Lloyds Banking Group, continues with its growth strategy into the private rental sector. Citra...

04 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

Stamp Duty Change from Tomorrow - reminder to agents

As a result of an announcement back in March, in the government’s final Budget, a major change to stamp duty comes into...

31 May 2024

From: Breaking News

Second homes and incomer buyers are good news - Propertymark

Propertymark has stepped into the row over whether there should be more controls over second homes, holiday lets and people from...

28 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

Emoov, pioneer online agency, acquired by small family business

A low profile family company called the Griffin Property Company has acquired Emoov, the online agency which was a pioneering name...

22 May 2024

From: Breaking News

Interest rate cuts this year, suggests IMF - but it isn’t all rosy…

The International Monetary Fund has suggested that the British economy could accommodate three interest rate cuts this year, with Kate cuts...

22 May 2024

From: Breaking News

Build To Rent operator strikes deal with deposit alternative supplier

Build To Rent developer and operator Dandara Living has struck a partnership with deposit alternative service flatfair. Dandara joins other BTR operators...

22 May 2024

From: Breaking News

Most homes cheaper to rent than buy, even with large deposit

A third of homes currently for sale can be bought with a mortgage and monthly repayments that cost less than the...

20 May 2024

From: Breaking News

Good news on Inflation expected this week

Inflation is expected to drop sharply in the April figures due out this week. The Office for Budget Responsibility and Bank of...

20 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

Agency appointed to service new Build To Rent scheme

The agency Centrick has been appointed to launch and operate a new multi-million-pound Build To Rent development in Leicester.  Centrick will provide...

15 May 2024

From: Breaking News

Election Gimmick Stamp Duty Cut would trigger evictions - claim

A stamp duty cut in the run up to a General Election would see house prices go up and evictions soar,...

15 May 2024

From: Breaking News

All change for Build To Rent as trade group reconstitutes board

The trade body representing the Build To Rent industry wants to recruit people from that sector to sit in its board. The...

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

Long-standing lettings agency snapped up by high-end boutique company

Boutique Knightsbridge estate agency Nicolas Van Patrick (NVP) has acquired Chelsea lettings and management company HLR. HLR was established in 1986, growing...

09 May 2024

From: Breaking News

For Sale! Agency with 42,500 units under management

It's reported that the Lomond estate agency group, which is heavily backed by private equity and which has expanded through serial...

07 May 2024

From: Breaking News

Labour must come clean on Business Rates, says agency

A prominent agent campaigning for business tax reform is urging Labour to come clean on its policies for business rates and...

03 May 2024

From: Breaking News

Good News - buy to let yields at their highest for six years

The average gross rental yield reported by landlords has reached the highest level since the second quarter of 2018, according to...

03 May 2024

From: Breaking News

Agents urged to understand key tenancy agreement differences

A call has gone out from an industry group for letting agents to be sure they know the distinctions between statutory...

01 May 2024

From: Breaking News

Shelter demands “overhaul” of Renters Reform Bill

Campaigning charity Shelter is demanding an overhaul of the Renters Reform Bill, which will shortly begin its passage through the House...

01 May 2024

From: Breaking News

Lloyds Banking Group rental project now has 2,000 properties

Citra Living, part of Lloyds Banking Group, is to bring more than 150 new family homes to the rental market in...

30 April 2024

From: Breaking News

50,000 new rental homes needed to meet historic demand - Rightmove

Rightmove says there are still nearly 50,000 rental properties needed to head back to the pre-pandemic level of rental supply. The latest...

30 April 2024

From: Breaking News

Banned - Agency cannot let homes for four years; put on rogues’ database

A council has placed a Banning Order on a lettings agency operating unlicensed Houses in Multiple Occupation. Trophy Homes Ltd was hit...

29 April 2024

From: Breaking News

Under half of homes listed to let are actually available - industry figure’s claim

A controversial rental sector figure claims over half of the properties listed to let are actually available for a tenant to...

29 April 2024

From: Breaking News

Gove hits back at critics after Renters Reform Bill wins key vote

Michael Gove’s Department of Levelling Up, Housing and Communities hit back overnight at critics of the government’s Renters Reform Bill. The Bill...

25 April 2024

From: Breaking News

PropTech tool will help eviction process under Renters Reform Bill changes

A new communications log feature has been introduced by a PropTech supplier which allegedly makes it easier to gather evidence for...

25 April 2024

From: Breaking News

Rental market back to normal in Prime Central London says agency

The Prime Central London lettings market is returning to normality, a prominent agency says. JLL says average rents fell 1.4% between Q4...

25 April 2024

From: Breaking News

Cheaper to buy than rent in every major British city - Rightmove

Rightmove says it’s now cheaper to buy than rent in each of Great Britain’s biggest cities, highlighting why many determined first-time...

24 April 2024

From: Breaking News

Extraordinary 200 amendments to Renters Reform Bill in Commons today

There’s a huge number of amendments to the Renters Reform Bill, which has its Third Reading in the House of Commons...

24 April 2024

From: Breaking News

Backing for Ground Rent Cap being announced this week

An amendment is expected to be made by the government to its Leasehold and Freehold Reform Bill. The Bill, put forward by...

23 April 2024

From: Breaking News

Looking for a client account? Five steps to better lettings banking

You don’t have to simply accept things as they are when it comes to managing your client accounts. If your bank...

19 April 2024

From: Sponsored Content

Online firm launches budget “self-service” lettings platform

An online lettings platform claims to have launched the first “end-to-end self-service lettings platform” which could save landlords around £3,800. Hello Neighbour...

19 April 2024

From: Breaking News

Rent Ceilings Have Been Reached - agency's stark warning

The chief executive of one of Britain’s largest franchise agency chains is warning that rents may no longer be able to...

18 April 2024

From: Breaking News

Average rent arrears climb as cost of living crisis bites

Average rent arrears claims climbed to £1,816 in the first quarter of this year. That’s a rise of 27% from £1,435 in...

17 April 2024

From: Breaking News

City Build To Rent Schemes - two new announcements

Developer Beech Holdings has secured planning permission for its luxury development of Build To Rent apartments in Sheffield. Sheffield Gardens will include...

17 April 2024

From: Breaking News

Warning: rental reform could mean rewriting tenancy agreements

A lawyer says radical rental reforms proposed for Scotland - which could be a model for change in England and Wales...

16 April 2024

From: Breaking News

Interest Rates to stay high despite this week’s good inflation news

Interest rates are expected to stay high despite good inflation news likely to be announced this week. The Office for Budget Responsibility...

15 April 2024

From: Breaking News

Foxtons To Be Sold? Media speculation grows

Lettings giant Foxtons has hired merger and acquisition bankers from Rothschild following pressure from shareholders to sell itself for £160m, the...

15 April 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

Agents facing huge rise in tenant fraud

An analysis of over 600,000 tenancy applications has found that fraudulent applications rose by 140% last year.  The analysis, carried out by...

10 April 2024

From: Breaking News

Business Boost - Landlord champion urges more use of lettings agents

Landlords’ champion Paul Shamplina says more landlords should use lettings agents, who he describes as their “allies” in the battle to...

10 April 2024

From: Breaking News

Top 10 Hotspots for portfolio buy to let investors

Paragon Bank’s analysis of its lending data has revealed the top 10 locations for investment by portfolio buy-to-let landlords, those with...

10 April 2024

From: Breaking News

Almost No Reduction in Buy To Let Supply, insists think tank

There’s been at most a one per cent reduction in landlords in the buy to let sector, a think tank claims...

08 April 2024

From: Breaking News

Third of landlords may sell this year - shock buy to let statistics

Almost one in three buy to let landlords are set to sell up in the next 12 months. That’s the shock statistic...

08 April 2024

From: Breaking News

Build To Rent hits the suburbs with new eco scheme

Legal & General’s suburban Build To Rent business, called LGSBTR, has exchanged on 41 new BTR homes in St Neots, Cambridgeshire.   Consisting...

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

Massive PropTech boost from Rightmove and finance institutions

Lloyds Banking Group, Nationwide, NatWest and Rightmove have announced a strategic investment in Coadjute, a prominent PropTech business.  This is the first...

03 April 2024

From: Breaking News

Lettings Helpline and legal advisors hailed as major success

Propertymark says its Lettings Helpline for agent members in England and Wales has become “an essential membership benefit for dealing with...

28 March 2024

From: Breaking News

Father and Son win big at agency awards ceremony

The Belvoir 2024 Annual Awards have crowded a father-and-son franchisee pairing as the big winners. Paul Wallace-Tarry and his son Richard Wallace-Tarry...

28 March 2024

From: Breaking News

Bank aims to support building of new rental homes

NatWest Group has announced a new package of what it calls ”targeted lending and support” to help local councils provide more...

27 March 2024

From: Breaking News

Rental trade group rebrands in bid to win broader appeal

A group founded eight years ago to represent the Build To Rent niche has now rebranded in a bid to win...

26 March 2024

From: Breaking News

Ground Rents U-turn hailed ‘a victory for common sense’

What appears to be another government housing policy U-turn - this time on ground rents - is being hailed as “a...

26 March 2024

From: Breaking News

Material Information - new digital tool aims to help letting agents

The Open Property Data Association has released a new version of its property data standards framework to help letting agents comply...

25 March 2024

From: Breaking News

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