Archive

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

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

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

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

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

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

Lloyds Banking Group, which announced back in 2020 that it was to become involved in the private rental sector, is buying...

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

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

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

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

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

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

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

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

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

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

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

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

Moving overseas can be an exciting yet stressful endeavour. As international removals experts who have been helping people emigrate abroad for...

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

The relatively good news over inflation delivered by the government yesterday will not stop a 15th successive base rate rise from...

Tenants seeking a way to buy a home have been given at least slightly reassuring news by Rightmove. The portal says the...

Lloyds Banking Group has announced the lettings agency chain that it wants to look after its upcoming Build To Rent units. The...

A second lettings sector body is demanding government action over the problem of client account closures. Accreditation service Safeagent says the government...

The Chancellor, Jeremy Hunt, is being urged to act now to stop the problems banks are creating for letting agents. Following a...

New figures showing the growing size of first time buyer deposits suggest that many would-be purchasers will be staying with the...

Details have been given of Lloyds Bank’s latest dive into the Build To Rent market. Its BTR arm, Citra, has acquired 49...

Midlands-based agency Sheldon Bosley Knight has acquired its fourth business so far this year - and with it, hundreds of lettings...

The head of one of the country’s highest profile franchise agency empires says the self-employed ethos of some advisers and entrepreneurial...

The Bank of England’s monetary policy committee has announced its decision on base rate. It will rise by 0.25 per cent to...

The US central bank has raised interest rates to the highest level in 22 years - even though inflation in that...

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

Buy to let mortgages have seen the largest interest rate increase of any mortgage category according to new research. Barrows and Forrester...

The Co-Op Bank is joining forces with campaigning charity Shelter to argue against Section 21 evictions, and together they have organised...

A new office in the London suburb of North Acton has been announced by the LIFE Residential agency. The firm already has...

Zoopla’s Alto cloud-based software has announced a new integration with lettings PropTech supplier Canopy. This will enable tenant referencing to be permitted...

The head of a consultancy that handles lettings agency acquisition has given her views on what a General Election might mean...

We compare traditional methods of client money account inspections by an accountant to the alternative Client Money HealthCheck. But first, let’s clarify...

The story of low supply in the prime London lettings market appears to be coming to an end, says Knight Frank. The...

PayProp is known for its award-winning rental payment platform, which combines bank-integrated client accounting with automation to save letting agencies time...

A prominent property law consultancy wants Help To Buy, or similar schemes, to be resurrected.  Dutton Gregory Solicitors says that with the...

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

Concern remains that the mayhem surrounding the mortgage market may yet trigger a housing market crash. At the start of the weekend...

Chancellor Jeremy Hunt is today charing a crisis meeting of mortgage lenders, as calls mount for him to take action to...

The Bank of England has announced its latest change in base rate, which is used by most lenders to determine interest...

A prominent lettings and sales agency says there are four reasons why house prices won’t fall off a cliff, despite interest...

The results of a new survey show widespread ignorance about how interest rates work and about how the Bank of England’s...

A new survey reveals that the safety of client funds is one of the key reasons why letting agents look to...

One of the biggest lenders in the rental space - Paragon Bank - recorded a 19 per cent increase in buy...

A senior director at Chestertons, one of London’s largest lettings agencies, has warned that tenants in the capital will face an...

Moneyfacts, the respected independent mortgage market monitor, is warning that lenders have been withdrawing buy to let fixed deals. Within the buy...

Although Purplebricks’s Scottish lettings book was sold in a deal over the Bank Holiday weekend, there remains uncertainty over the rest...

Large portfolio professional landlords are in a confident mood, with the majority planning to acquire at least one new asset in...

Not for profit accreditation service safeagent has seen two of its lettings qualifications officially recognised by exam watchdog Ofqual.  Safeagent as an...

A chief executive who pledged to beef up her agency’s lettings division - but failed to do so - is leaving...

PropTech rental platform  Goodlord has partnered with an open banking platform to enhance its tenant referencing service. Goodlord, which first integrated open...

Two former agents with experience between them of major players such as Countrywide, Leaders Romans and LSL have set up a...

The Bank of England has announced its latest decision on base rate. This has been increased by 0.25 per cent to 4.5...

A survey of nearly 700 landlords by Paragon Bank found that 67 per cent experienced increased tenant demand during the first...

Financial analysts are unanimously warning that Bank of England base rate will rise yet again tomorrow. If they are correct this will...

The government has back-tracked on its decision to publish the long-awaited Renters Reform Bill this week. The Mirror newspaper reports that “procedural issues”...

The Guild of Property Professionals says PropTech may be the answer to the ongoing problem with client accounts. Since 2019 many banks...

One of the most respected financial organisations says markets are now betting that the Bank of England base rate will hit...

The Property Redress Scheme, one of two government-approved redress services, has produced a list of recently-expelled agencies. All agencies must be a...

Any lettings portfolio should receive ongoing care and maintenance. A disorganised portfolio, weighed down by junk data, loose ends or lax...

Lettings agency Hamptons is backing Earth Day tomorrow in partnership with removals firm Doree Bonner International and the charity Mind. As part...

Lloyds Banking Group and homelessness charity Crisis have joined forces in a new two-year partnership including the establishment of a so-called...

A lettings and sales agency that describes itself as “ethical” and has built up strong links with local community groups has...

A consultancy that handles lettings agency acquisition says funding options exist for companies wishing to buy others, despite rising interest rates. Lucy...

Lettings agencies which rely on manual means of verification are risking repetitional damage caused by anti-money laundering regulations, a digital compliance...

Several lettings agents have been expelled from The Property Ombudsman scheme; they are amongst eight named as having been kicked out...

The Bank of England has raised base rate by 0.25 per cent to 4.25 per cent - the highest level since...

The Bank of England’s monetary policy committee meets today to decide on its base interest rate amidst shock at the latest...

Buy to let investors have created the largest increase in the mortgage market in the past year, it’s being claimed. Octane Capital...

Shawbrook is becoming a bigger player in the buy to let lending market following the acquisition of specialist lender Bluestone Mortgages. Launched...

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

Rightmove says it’s helping to digitise the rental processes, making the process less fragmented and frustrating for agents.  In its trading statement...

There’s been a 165 per cent increase in the number of private rental homes with an Energy Performance Certificate rating of...

The Competition and Markets Authority is launching a three month probe into how letting agents operate within the private rental sector. It says...

Figures out this morning from high end agency Savills shows a 5.1 per cent increase in capital appreciation on average across...

The law is clear – agencies in England, Scotland and Wales need a valid client money protection (CMP) policy to protect...