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KEYWORD "Bank" - 100 RESULTS
PropTech feature 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

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

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

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

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

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

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

PropTech: enhanced referencing service launched

PropTech platform Goodlord has launched a new referencing service for letting agents, offering what it calls ”a carefully curated balance of...

22 March 2024

From: Breaking News

Get On With It! - agents say Bank should cut rates now

Propertymark is telling the Bank of England that now is the perfect time to cut base rate and trigger wider interest...

21 March 2024

From: Breaking News

Give tax perks to renters to help them buy, urges think-tank

A think tank is urging the UK government to consider tax perks for private renters to help them save faster for...

20 March 2024

From: Breaking News

Major agency announces link with renting-in-retirement specialist

Hamptons is linking with retirement rental specialist provider Birchgrove, pledging to offer “a unique proposition for those seeking quality senior rental...

19 March 2024

From: Breaking News

Crunch Week ahead for interest rates and inflation

Latest inflation figures are announced on Wednesday and the Bank of England makes its next base rate decision on Thursday. The Office...

15 March 2024

From: Breaking News

Banks Closing Pooled Client Accounts - agents urge government action

Propertymark is urging the government to tackle the problem of banks closing down undesignated or pooled client accounts of letting agents. HM...

13 March 2024

From: Breaking News

New Banking Scandal as thousands of agency accounts are closed

A Parliamentary committee has heard that thousands of small and medium-sized letting agencies were debanked in 2023, with financial institutions forcibly...

11 March 2024

From: Breaking News

London still attracts rental investors despite 'disjointed' market

A prominent property expert who runs a buying and property management service for high end clients says London still attracts international...

01 March 2024

From: Breaking News

Letting agents demand mortgage lenders cut rates to help market

The letting agents’ trade body Propertymark has made the unexpected move of calling on banks to cut mortgage rates. Rates are typically...

01 March 2024

From: Breaking News

Final 48 hours for Property Awards nominations

Property professionals have less than 48 hours to submit entries for the Midlands PROPs Awards.  The search for the very best of...

28 February 2024

From: Breaking News

Beware 1% Deposits - Knight Frank lays into government

Knight Frank has taken the unusual step of suggesting a government proposal for the housing market is high-risk and could even...

23 February 2024

From: Breaking News

Agent stole over £40,000 from firm which hadn’t noticed missing money

A letting agent who stole over £40,000 from her employer was caught when a bank queried the use of a company...

22 February 2024

From: Breaking News

One in nine renters using foodbanks - industry supplier’s claim

A lettings industry supplier claims one in nine renters use foodbanks. A survey of tenants, commissioned by Zero Deposit, found that just...

22 February 2024

From: Breaking News

Knight Frank names new lettings associate for key area

Knight Frank has appointed Louna Del Barrio as lettings associate in a key London office. Del Barrio comes to Knight Frank following...

20 February 2024

From: Breaking News

House Prices see small monthly gains - new index shows stronger market

Another index has suggested a small monthly increase in house prices in England and Wales - even though the annual rate...

13 February 2024

From: Breaking News

Rental scams could soar as AI spreads, warns industry figure

A prominent industry expert says lettings agents and other property sector insiders should be extra-vigilant over cybersecurity breaches. Neil Cobbold, managing director...

12 February 2024

From: Breaking News

Private rental demand to soar if bankrupt council ends social housing

Birmingham’s Labour council is considering closing its social housing waiting list to new applicants - and this is likely to trigger...

12 February 2024

From: Breaking News

Agents plead with Bank of England after buy to let mortgage arrears soar

Propertymark wants the Bank of England to cut interest rates following data showing soaring mortgage arrears and repossessions. Lenders trade body UK...

09 February 2024

From: Breaking News

AI - many agents are optimistic about Artificial Intelligence

Almost half of more than 400 letting agents quizzed for a new study have expressed their optimism about the impact of...

06 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

Client Accounting – what are your options?

The benefits for letting agents to outsource their client accounting is well documented, however with an increasing number of options available,...

31 January 2024

From: Sponsored Content

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

Tory ex-housing ministers at war over Rishi Sunak’s premiership

Two former housing ministers are at war with each other after an attack on Rishi Sunak’s premiership in today’s Daily Telegraph. Sir...

24 January 2024

From: Breaking News

Mortgage experts predict boost in buy to let lending this year

Just under half of mortgage brokers expect to place more limited company buy-to-let business throughout the next 12 months, Paragon Bank...

24 January 2024

From: Breaking News

Fixflo parent firm links with automated client accounting engine

Aereon - a European software provider that owns high profile PropTech operator Fixflo - has entered a strategic partnership with automated...

23 January 2024

From: Breaking News

Row over government bid to turn renters into first time buyers

Controversy surrounds a government idea - floated over the weekend - to allow renters to secure mortgages with just one per...

22 January 2024

From: Breaking News

Faster payments make happier landlords

Let's be honest – landlords are the lifeblood of any letting agency. Winning and keeping their business keeps the wheels turning...

19 January 2024

From: Sponsored Content

Shock figures put interest rate cut on the back burner

There are growing fears that the hoped-for Bank of England base rate cut this spring - the first off possibly several...

18 January 2024

From: Breaking News

Famous agency ditches HQ for new base and a contemplation room

Strutt & Parker is leaving its HQ to share premises with other parts of its parent company - and to have a...

18 January 2024

From: Breaking News

Phil Spencer warns that Summer will be hectic for lettings sector

Summer looks like it’s going to be a hectic period for lettings agents and the private rental sector according to TV...

17 January 2024

From: Breaking News

Breakthrough allows rent payments to be reported to credit agencies

The long-running aspiration of many to allow rental payments to be counted towards credit ratings appears to have taken a step...

15 January 2024

From: Breaking News

Tenants flee cities as high rents push them to outer areas

A severe shortage of properties to rent, fierce competition to secure the homes that are available, and rising rental prices led...

11 January 2024

From: Breaking News

Neil Cobbold, Managing Director at PayProp UK

Who are you and what does it say on your business card? Neil Cobbold, Managing Director What is PayProp and what does it...

08 January 2024

From: 60 Second Interview

Propertymark sits on the fence over first time buyer controversy

Propertymark has stepped into the row over a bank chief’s comments on first time buyers. Sir Howard Davies, chairman of NatWest, responded...

08 January 2024

From: Breaking News

North-focussed lettings agency reveals new London base

The Leeds- and Manchester-based North Property Group is opening a base in London.  NPG was founded by Oli Banks and Tim Coen...

05 January 2024

From: Breaking News

Savills reveals which buy to let region it tips for best returns

Residential buy to let in the North West of England, London industrial property and retail warehouses are set to be the...

04 January 2024

From: Breaking News

Will tumbling mortgage rates turn tenants into buyers?

Lower mortgage rates - still falling in the days since the end of the festive break - may be persuading some...

04 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

Agent Alert - Housing Ombudsman warns of scams across sector

The Housing Ombudsman - currently active in the social housing sector but tipped to take a wider role involving private renting...

29 December 2023

From: Breaking News

Mortgage Lenders set out buy to let forecasts for 2024/2025

UK Finance has published its housing and mortgage market forecasts for 2024 and 2025 together with projections for 2023 full year numbers. Key figures for 2023 In...

29 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

Top agent senses change of mood in rental market

One of Britain’s leading agents - former RICS residential chairman Jeremy Leaf - says he is seeing a change of mood...

21 December 2023

From: Breaking News

Politicians demand Christmas ban on Section 21 evictions

The Liberal Democrats have called on the government to bring in an emergency ban on no fault evictions and banks repossessing people’s homes...

21 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

This week’s inflation news may determine a New Year interest rate cut

All eyes are on HM Treasury this week ahead of the next inflation figures, to be released on Wednesday morning. Analysts suggest...

18 December 2023

From: Breaking News

Renters Reform Bill at risk if councils aren’t given more cash - MPs

Measures contained in the Renters Reform Bill will fail without sufficient resources to ensure they can be enforced. The warning comes from...

13 December 2023

From: Breaking News

Lloyds Bank’s Build To Rent offshoot announces new scheme

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

11 December 2023

From: Breaking News

Councils enforcing rental licensing are on brink of bankruptcy

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

08 December 2023

From: Breaking News

Letting Agent Thief sentenced after stealing over £128,000

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

07 December 2023

From: Breaking News

Expensive rental eco-heat scheme needs rethink - top agent

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

07 December 2023

From: Breaking News

Buy To Let Mortgage Arrears Double In Just One Year

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

04 December 2023

From: Breaking News

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

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

04 December 2023

From: Breaking News

Hundreds of objections to large Build To Rent development

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

30 November 2023

From: Breaking News

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

Rental growth to slow as supply catches up with demand

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

28 November 2023

From: Breaking News

Revealed - the part of rental sector not contracting right now

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

20 November 2023

From: Breaking News

Agency restructures in push for bigger share of key lettings market

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

15 November 2023

From: Breaking News

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

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

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

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

Client money accounting made easy with PayProp

A client account is essential to your lettings business, but the rules and regulations you need to follow to keep this...

26 October 2023

From: Sponsored Content

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

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

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

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

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

“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

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

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

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

“Don’t Raise Rates Again!” - Industry figure’s desperate plea to Bank

An outspoken property industry figure has urged the Bank of England not to hike interest rates.  The National Association of Property Buyers...

20 September 2023

From: Breaking News

PropTech: Client accounting product launched for letting agents

Automated client accounting platform Lettspay is set to launch a new client account banking product for letting agents. The supplier has worked...

19 September 2023

From: Breaking News

Bank of England urged to increase interest rates AGAIN

The Centre for Economics and Business Research says the Bank of England should increase UK interest rates by another 0.25 per...

19 September 2023

From: Breaking News

New figures escalate threat of yet another interest rate rise

The spectre of yet another Bank of England base rate rise next week has been increased by economic figures released in...

13 September 2023

From: Breaking News

Help your landlords recover rent with PayProp’s effective arrears management tools

In the face of stretched incomes, rising interest rates and escalating consumer prices, an increasing number of tenants are at risk...

11 September 2023

From: Sponsored Content

Housing Market may improve this autumn predicts finance chief

A mortgage expert says it’s likely that the housing market will improve this autumn. Octane Capital studied Property lending mortgage approval trends...

08 September 2023

From: Breaking News

Build To Rent operator pledges dramatic EPC improvement

The owners of one of the first Build To Rent schemes in Edinburgh is bidding to improve the EPC rating while...

08 September 2023

From: Breaking News

Many councils enforcing rental regulations face ‘effective bankruptcy’

A survey of local authorities in some of the poorest areas of the country - bodies which enforce many private rental...

06 September 2023

From: Breaking News

Resilient business model is key to agency group’s ongoing success

The apparent rise and rise of Belvoir Group is down to its resilient business model and the entrepreneurs who run its...

05 September 2023

From: Breaking News

Rightmove and RICS star at this week's big PropTech event

What is billed as Europe’s largest PropTech event takes place in London this week, on September 6 and 7.  PropTech Connect will...

05 September 2023

From: Breaking News

Agents told to set ‘tracker’ rents that rise with interest rates

Two letting agents have been quoted in a newspaper report as saying landlord clients have instructed them to create ‘tracker’ rents...

04 September 2023

From: Breaking News

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