Archive

A new guide from Propertymark explains the rights which private rental tenants have - and sets out how they can challenge...

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

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

One of the highest profile groups in the private rental sector supplier space - Hamilton Fraser - is restructuring. In future the...

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

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

Labour is using a Bill currently going through Parliament as a backdoor method to introduce the regulation of lettings, estate and...

Propertymark is hosting a client money security webinar tomorrow lunchtime between 12.30 and 13.30. The webinar will discuss the rise of Artificial...

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

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...

Trade body Propertymark says fees will remain unchanged next year.  “We’d like to thank all our members for their continued commitment to...

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

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

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

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

The UK Association of Letting Agents says it now has a record membership of 1,200. UKALA describes itself as “a professional association...

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

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

Six letting agencies across the London borough of Haringey have been fined a total of £12,000 after a council clampdown. Trading Standards...

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

As a dedicated letting agent, or estate agent with a lettings portfolio, you already have a lot on your plate. Managing...

Trading Standards is reminding letting agents of their legal obligation to protect money they are holding on behalf of a client...

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

Trading Standards officers check for agents’ compliance by scrutinising their websites, it’s being claimed. Agents are being warned to ensure their websites...

A PropTech expert is warning that letting agents can expect hefty fines if they fail to comply with complex Client Money...

We’re only in February and it’s already clear that this year will set the future direction of the private rented sector...

The Letting Partnership has been helping UK agents build successful lettings businesses since 2006. Despite the current challenging financial landscape, The Letting...

Property accreditation service safeagent has written to all of its agents in England urging them to check legal requirements when setting...

Propertymark auditors are offering in-person visits to branches to improve their compliance.  The trade body says this is in response to demand from...

UK banks are closing client accounts held by established letting agents and refusing to open accounts for new businesses. The Problem A growing...

Trading Standards is describing a penalty imposed on a London letting agent as “a landmark” after the company failed to comply...

According to the Association of Certified Fraud Examiners, organisations worldwide lose $4.7 trillion to fraud each year, with real estate suffering...

An accreditation scheme says the government database of rogue letting agents should be expanded.  The government is committed to creating a new Property...

A county council is urging people to complain if they believe letting agents are failing to comply with consumer legislation. Staffordshire county...

The two main reasons that an agency decides to outsource are to reduce costs and to have the ability to focus...

Fourteen Trading Standards authorities across a swathe of England are embarking on an enforcement project to check lettings agency compliance.  The Central England...

Who are you and what does it say on your business card? Clifford Thomas – Sales Director at The Letting Partnership What is...

Shocking figures have emerged regarding the long-running problems caused by banks demanding that agencies have a designated client account for each...

A PropTech supplier says it’s created a solution to letting agents and landlords who must remain compliant and who want to...

The two main reasons that an agency decides to outsource are: 1.) To reduce costs 2.) To have the ability to focus on...

LettsPay, an automated service aiming to simplify the reconciling of tenant rental payments, has won investment from the nurtur.group - the...

Who are you and what does it say on your business card? Sarah Davies, Commercial Director at The Letting Partnership What is The...

The rental market shows no signs of slowing with ongoing high demand, fuelled in part by the pandemic, creating a buoyant...

Hamilton Fraser, well known as a provider of insurance products and services to letting agents and landlords, has been acquired by...

A Trading Standards team is to carry out what it calls “unannounced inspections” of lettings agencies in one part of London...

How can agents improve their position in society? A report has been published following a roundtable discussion between prominent agency figures...

Effective enforcement is crucial to stamp out rogue lettings agents and protect consumers says safeagent. In the latest edition of its Effective...

During the last year, the industry has experienced a rollercoaster of highs and lows as agents experienced rental peaks, stock shortages,...

The UK Association of Letting Agents - a trade body rival to ARLA Propertymark - says it’s seen “a robust membership...

A rival trade body to the Association of Residential Letting Agents has announced what it calls “a robust membership result.” The UK...

Letting agents have only 10 days to open segregated client accounts or they could face being expelled by their client money...

A lettings agency in central London has been issued with a fine for not belonging to a Client Money Protection scheme. The...

One of the lettings industry’s most prominent suppliers says it’s dispelled five myths surrounding the employment of apprentices.  The Letting Partnership insists apprentices...

A huge trading standards operation clamping down on lettings agents who fail to abide by Client Money Protection rules has been...

A clampdown on letting agents who fail to safeguard landlords’ and tenants’ money is now underway.  A statement from the National Trading Standards...

The National Trading Standards Estate and Letting Agents Team is appealing to the industry to be eagle-eyed for scams. This follows the...

There could be 700,000 private tenants in arrears by the end of this year - an unsustainable burden on agents and landlords,...

Letting agents should stand proud of their record helping both landlords and tenants, especially in these more difficult times. That’s the view...

One of the government’s approved client money protection schemes claims over 10 lettings agencies a week are closing. Client Money Protect makes the...

Letting agencies should review banking and payment systems in the light of rule changes and the ongoing challenge of the pandemic. This advice...

Light has been shed at last on the long-running uncertainty about why some landlords choose to use lettings agents and some...

ARLA Propertymark says there has been a breakthrough on the banking clampdown on pooled client accounts - a pain in the...

ARLA Propertymark has set out its concerns over draft guidance on anti-money laundering produced by a body called the Joint Money...

The Association of Residential Letting Agents is advising member companies to file their accounts on time in order to remain transparent...

A former letting agent has been censured over the handling of tenancy deposits following an investigation by a local council. Andrew Rhys...

Martin & Co says it has compensated clients fully after a rogue lettings agent in Cornwall added sums to invoices sent...

The Property Ombudsman has expelled three lettings agencies from its scheme because of unpaid awards to landlord clients. The first is Kingsman...

A call has been made for the best letting agencies and other rental sector professionals to show how they comply with...

A crackdown on letting agency websites by a Trading Standards team has found the significant majority of them to be breaking...

An estimated 20 per cent of letting agents have still not signed up for a Client Money Protection scheme, six months...

Professional client account solutions for modern letting agents Letting agents will need to come up with new ways to manage client money...

A lettings agent says she has just spent three months trying to get evidence of her Client Money Protection policy -...

A leading industry figure is calling on agents to have a Plan B ready if their bank closes undesignated client accounts.  This...

The government has published proposals for far-reaching changes to the way estate and letting agents are regulated, trained and licensed. The proposals...

 – use technology to build a trusted brand as a people-focused custodian of client money Non-stop regulatory changes in the industry are...

Two landlords will this evening be seen securing the £16,000 they are owed by a rogue lettings agent - and TV...

Seven agencies have been expelled from membership of The Property Ombudsman after failing to pay compensation awards made by TPO. All are...

The National Approved Letting Scheme has rebranded as safeagent.  NALS has helped coordinate the safeagent campaign since 2011, focussing during that time...

A housing minister has pledged that more key reforms for the private rental sector will be revealed soon, despite Brexit political...

The mandatory Client Money Protection scheme membership that comes into effect today will protect landlords and tenants from letting agents that...

The government says it is still considering applications to operate Client Money Protection schemes from April, despite approving five schemes so...

Propertymark’s Money Shield service and the National Approved Letting Scheme have each received government approval to operate Client Money Protection schemes. From...

Another client money protection scheme has been given approval to launch itself before regulations go live on April 1.  From that date...

Client Money Protect has gained formal government approval to operate a client money protection scheme when the regulations go live on...

A letting agent in east London has been fined £4,000 after apparently publishing the incorrect fees that it levies on tenants...

Sometimes, running a lettings agency can feel as if you’re losing control of client money. Recent cases of property management fraud such...

New rules to protect rent paid by tenants to letting agents will fail to provide adequate protection for landlords, a trade...

The Association of Residential Managing Agents has launched a first-of-its-kind Client Money Protection to members.  Although CMP schemes are to be mandatory...

Trading Standards departments in London are asking renters to name and shame letting agents who are not complying with the law...

A letting agent operating in Cambridgeshire has seemingly 'gone to ground', owing landlords and tenants thousands of pounds. Frank Smart, who has...

The police have launched a fraud probe against a Norfolk estate agency which closed in June.  The Eastern Daily Press (EDP) reports...

The parent company of The Property Redress Scheme (PRS) says its group companies will be taking a more 'joined up' approach...

Propertymark has launched a new Client Money Protection system, Money Shield, with a support statement from much of the lettings sector...

The government has produced new guidelines on setting up client money protection schemes for the private rented sector. They are evidently aimed...

A leading PropTech entrepreneur has renewed his call for letting agents to use more technology to clean up their act when...

Today Trading Standards teams across the country will highlight the work they do to protect landlords and tenants from rogue letting...

Consumers' money remains at risk until April 1 2019 is the key message of this year’s SAFEagent Awareness Week. Over the next...

A leading PropTech entrepreneur says he welcomes reforms currently moving through Parliament to professionalise the lettings sector - but he wants...

The government has confirmed that all property agents in England will need to be part of an approved Client Money Protection...