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KEYWORD "Client accounts" - 46 RESULTS
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

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

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

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

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

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

“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

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

Client Account Closures - another lettings body demands action

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

09 August 2023

From: Breaking News

Client Account Closures - Chancellor urged to stop banking madness

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

08 August 2023

From: Breaking News

Renters Reform Bill is chance to professionalise sector - PropTech chief

The Renters Reform Bill can be the perfect opportunity for the industry to become more professional - just so long as...

13 June 2023

From: Breaking News

Key reasons why agents use IT revealed by PropTech survey

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

08 June 2023

From: Breaking News

PropTech may help agents overcome client account crisis - claim

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

28 April 2023

From: Breaking News

5 regular checks to keep any rental portfolio in tip-top shape

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

24 April 2023

From: Sponsored Content

Pooled Client Accounts - banks accused of making mistakes

Propertymark says banks are still misinterpreting Anti-Money Laundering rules regarding pooled client accounts, making life difficult for letting agents.  The trade body...

12 January 2023

From: Breaking News

Automated client account platform to supply agents’ trade group

Automated client account platform Lettspay is to become a supplier to the Federation of Independent Agents.  Lettspay, which is registered with the...

12 January 2023

From: Breaking News

Banks are closing their doors to Letting Agents

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

19 December 2022

From: Sponsored Content

Goodlord is spreading its PropTech offering into accountancy. It’s launched a new accounting tool which it claims will save some letting agents...

11 October 2022

From: Breaking News

The insider threat – 5 ways PayProp secures your letting agency

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

30 September 2022

From: Sponsored Content

Agencies have six months left to register banking complaints

Many agencies have long-standing and unresolved banking complaints, for example regarding client accounts: now it’s been declared they have only six...

12 August 2022

From: Breaking News

Warning to Agents: don’t forget to deregister tenant deposits

Propertymark says letting agents should be aware of the financial implications of failing to deregister tenant deposits. This kind of failure after...

26 July 2022

From: Breaking News

OnTheMarket’s teclet reveals latest integration with PropTech supplier

Automated lettings and management platform teclet - which is owned by OnTheMarket - has completed another integration with a PropTech supplier. This...

11 July 2022

From: Breaking News

Clifford Thomas – Sales Director at The Letting Partnership

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

06 May 2022

From: 60 Second Interview

Shock figures on banks’ client accounts services to agencies

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

06 May 2022

From: Breaking News

Supplier claims to conquer banks’ designated accounts problem

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

28 April 2022

From: Breaking News

PropTech pledge to agents - this platform is the alternative to a bank

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

21 April 2022

From: Breaking News

Sarah Davies, Commercial Director at The Letting Partnership

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

21 March 2022

From: 60 Second Interview

Agents - are you having problems with banks and client accounts?

PropTech supplier Agent OS is running a survey of letting agents about the vexed subject of specialist client accounts. AgentOS says it’s...

07 March 2022

From: Breaking News

Dispelling the myths of client accounting outsourcing.

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

01 March 2022

From: Sponsored Content

Client Money Protection bank deadline nears, agents warned

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

22 March 2021

From: Breaking News

Lettings employers urged to take on more apprentices

Industry supplier The Letting Partnership is calling for businesses to take on more apprentices and support young people in a challenging...

04 December 2020

From: Breaking News

Agencies should review banking and payments - PropTech chief

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

20 November 2020

From: Breaking News

How to stay on top of arrears during a global pandemic

Many have speculated, though much of it is anecdotal – how is the UK rental market coping with the fallout from...

08 October 2020

From: Sponsored Content

Banks Red Tape: Breakthrough for agents on Pooled Client Accounts

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

10 September 2020

From: Breaking News

Anti-Money Laundering: ARLA worry over agents’ responsibilities

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

16 June 2020

From: Breaking News

Filing business accounts on time is key even through crisis, says ARLA

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

03 April 2020

From: Breaking News

Professional client account solutions for modern letting agents

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

05 September 2019

From: Sponsored Content

Bank client account changes: Agents urged to have a Plan B

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

21 August 2019

From: Breaking News

Crisis for agents as banks set to insist on individual client accounts

Lloyds Bank appears to have contacted at least some of its letting agent clients to say that it is closing all...

08 August 2019

From: Breaking News

New Client Money Protection service launched for managing agents

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...

18 October 2018

From: Breaking News

Agent expelled from RICS after £25,000 taken from clients' accounts

The head of an estate and lettings agency has been expelled from the Royal Institution of Chartered Surveyors after admitting taking...

12 September 2017

From: Breaking News

Anti-deposit campaigner warns of Client Money Protection side-effect

A leading letting agent campaigning against rental sector deposits is warning that the industry might be hit with “astronominal” insurance premiums...

10 April 2017

From: Breaking News

Agents call for more lettings sector regulation

The chief executive of Braemore, one of the highest profile letting agencies in Scotland, says he wants greater regulation for the...

01 May 2015

From: Breaking News

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