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Agency snaps up lettings book as part of regional expansion plan

Property consultancy Walker Singleton has acquired the book of business of the Boococks agency as part of its West Yorkshire growth...

20 May 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

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

Franchisee doubles rental stock by acquiring nearby branch

Long-standing Hunters franchisee Adrian Lawrence has grown his lettings business by a massive 200% after acquiring the portfolio of nearby Hunters...

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

Growing agency claims it’s in UK’s top three per cent

Birmingham property agency Davidson Estates has completed the first of what it pledges to be a number of acquisitions with the...

22 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

Nearly two-thirds more homes to let in Prime London than a year ago

Rental growth across prime London slowed again in January, with average rents falling on a monthly basis for the third time...

16 February 2024

From: Breaking News

Council attack on private rental sector ‘is next Post Office scandal’ - claim

The excessive enforcement of council rules on private landlords while social housing is so poorly run will be ‘the next Post...

12 February 2024

From: Breaking News

Fast-expanding agency reveals 10th acquisition in six years

Expanding agency group My Property Box has completed its 10th acquisition in six years, buying Teesside lettings and property investment specialist...

08 February 2024

From: Breaking News

House builders overwhelmingly want Labour to win General Election

A Knight Frank survey of 50 house builders shows a staggering 70 per cent support for Labour to win the next...

29 January 2024

From: Breaking News

Thousands of lettings agencies in financial distress - new figures

Thousands of lettings and estate agencies, and other property businesses, are in ‘critical’ or ‘significant’ financial distress, it’s been claimed. The latest...

23 January 2024

From: Breaking News

Labour’s backdoor bid to regulate lettings and estate agents at last

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

19 January 2024

From: Breaking News

Breaches of tenant data must be taken more seriously by agents - ARLA

ARLA Propertymark has urged letting agents to take breaches of the Information Commissioner’s Office’s  data protection principle regarding GDPR seriously.   The call comes...

04 January 2024

From: Breaking News

Data Protection - agency advice from the Information Commissioner’s Office

The Information Commissioner’s Office has issued advice to agencies on how to comply with data protection law.  The UK data protection regulator...

06 December 2023

From: Breaking News

Leasehold Reform Bill wins praise from industry body

Michael Gove’s Leasehold and Freehold Reform Bill, currently going through Parliament, has won praise from the industry body The Property Institute. There...

06 December 2023

From: Breaking News

Trading Standards reveal details of new Material Information requirements

Parts B and C of the process to improve material information disclosure in property listings are published today within comprehensive new guidance...

30 November 2023

From: Breaking News

Carbon Monoxide Warning - test alarms as winter approaches

The Royal Society for the Prevention of Accidents is issuing a stark warning to be aware of the dangers of carbon...

21 November 2023

From: Breaking News

Agents demand payment changes in upcoming Autumn Statement

Propertymark is urging the government to use next month’s Autumn Statement to support low-income households in the private rented sector in...

26 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

Warning: Document review process essential for agency compliance

It’s vital for agents to have a process in place to check documentation received at their office, to avoid potential claims.  This...

06 September 2023

From: Breaking News

Watchdog to Probe Five Issues Involving Agents and Landlords

The Competitioin and Markets Authority is to probe five activities involving letting agents and landlords and their responsibilities to private tenants. Sarah...

25 August 2023

From: Breaking News

Epic Fail - rents go UP in Scotland, despite government rent controls

Average rents in Scotland for new tenancies in the private rented sector have risen by double digits for the third time...

21 August 2023

From: Breaking News

Overseas firm slams UK agents “empty High Street branches”

An overseas agency trying to establish itself in the UK has taken a swipe at domestic agencies’ love of High Street...

15 August 2023

From: Breaking News

Long-standing agency snaps up rival independent

West Wales Home Rentals - part of an agency group set up three decades ago - has snapped up the property...

01 August 2023

From: Breaking News

Kicked Out! Redress scheme expels five rogue agencies

The Property Redress Scheme has released its latest list of expelled agents - mostly for rental misdemeanours and/or failure to pay...

24 July 2023

From: Breaking News

High profile agency completes third acquisition of 2023

London-focussed lettings and sales agency Chestertons has announced its second acquisition in six weeks and third of the year, having snapped...

20 July 2023

From: Breaking News

Bring back Help To Buy to combat soaring rents - legal call

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

27 June 2023

From: Breaking News

Historic agency snaps up independent boutique property firm

Chestertons - London’s oldest estate agency which is itself up for sale - has snapped up a small independent. It has acquired...

12 June 2023

From: Breaking News

Buyer announced for part of Purplebricks lettings portfolio

A buyer has been announced for part of the lettings portfolio of Purplebricks, it has been announced today. The deal, finalised for...

26 May 2023

From: Breaking News

Activists threaten action if rental reform ‘does not deliver’

Shelter is telling the government it “must deliver” on the revolution it pledges under the Renters Reform Bill. Chief executive Polly Neate...

17 May 2023

From: Breaking News

Shelter blames Section 21 and rental reform delay for rise in homelessness

New government figures show how overdue the government's reform of private renting is, claims campaigning charity Shelter. The charity says the figures...

11 May 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

Agents slam ‘postcode lottery’ of tax imposed on HMOs

The letting agents’ trade body Propertymark has slammed the current lack of consistency of council tax on HMOs. It describes today’s system...

17 April 2023

From: Breaking News

Tory MP blames Airbnb lets for shortage of staff accommodation

A Conservative MP in a tourist region has blamed the switch of rental accommodation to Airbnbs for a shortage of places...

27 March 2023

From: Breaking News

AI will enhance importance of agents’ websites - marketing boss

Marketing firm Property Webmasters says AI is changing the game for agents promoting their services and clients. Chief executive Jamie Arthur states:...

20 March 2023

From: Breaking News

Rental growth shows no sign of slackening, insists top agency

Rental growth is showing no sign of slackening with average rents up 8.3 per cent on the same time last year...

14 February 2023

From: Breaking News

PropTech: Lettings platform snapped up by fast-growing Goodlord

PropTech firm Goodlord has acquired lettings platform Halo. It’s Goodlord’s third acquisition in as many years. Halo, launched in 2020, provides tenants with...

23 January 2023

From: Breaking News

Rogue agent jailed after ordering staff to make false claims

The head of a Martin & Co office in Wolverhampton has been jailed over fraudulent activity. A court heard that Bhavander Singh...

16 January 2023

From: Breaking News

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

Claims against Purplebricks for lettings problems could exceed £5m

Purplebricks has detailed the price it is paying for a lettings compliance blunder first spotted last year. It predicts that, at worst,...

08 December 2022

From: Breaking News

Rebrand in 2023 after agency group snaps up independent

Property consultancy Walker Singleton has snapped up the independent Daniel & Hirst agency in Yorkshire. The deal, which was for an undisclosed...

29 November 2022

From: Breaking News

Agencies with banking disputes have three months to act

Small and medium sized lettings agencies which have had running disputes with banks are being offered a lifeline - but must...

21 November 2022

From: Breaking News

Controversial letting agent’s company sold for undisclosed sum

The lettings agency operated by controversial agent Ajay Jagota has been sold for an undisclosed sum. Jagota set up KIS Lettings with...

01 November 2022

From: Breaking News

10-branch family-owned agency expands into new territory

A north west England lettings agency has expanded with a swoop on a Preston-based business. Keenans Group has acquired Letting Locations for...

14 October 2022

From: Breaking News

Rental reform is the big debate at agents’ annual conference

The details of the Northern Ireland Private Tenancies Bill will be the main focus of the Propertymark annual conference in Belfast...

05 October 2022

From: Breaking News

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

Agency snaps up two firms but says no more acquisitions in 2022

Midlands-based land and property agency Sheldon Bosley Knight has snapped up two more businesses. The acquisition of Wigwam Estate and Lettings Agents...

01 August 2022

From: Breaking News

Huge agency with 30,000 landlord clients snaps up another chain

Dexters, the London-focussed agency, has snapped up a four-branch chain operating in the capital. Dexters already has 30,000 landlords on its books...

26 July 2022

From: Breaking News

Belvoir branch amongst raft of agencies kicked out of The Property Ombudsman

Six agencies have been excluded from The Property Ombudsman for failing to pay compensation to wronged complainants. One was the Belvoir...

13 July 2022

From: Breaking News

Beefed Up Property Details - industry bosses back call for Material Information

Senior figures in the agency industry have backed new guidance from the National Trading Standards Estate and Lettings Agent Team regarding...

13 July 2022

From: Breaking News

Another independent agency falls to fast-growing Lomond Group

The fast-growing Lomond Group has consolidated its market dominance in Scotland by snapping up another independent. Lomond’s Stonehouse brand, which operates throughout Aberdeenshire,...

15 June 2022

From: Breaking News

Lettings chief takes over at high-end agency which is still for sale

Historic agency Chestertons has appointed its long-serving lettings chief Richard Davies as its new chief executive. This follows the departure of high...

09 June 2022

From: Breaking News

MP says Airbnb glut contributing to “devastation” of city

A Labour MP says a surge in the number of stag and hen parties in her constituency - undertaken by people...

16 May 2022

From: Breaking News

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

Fast-growing agency swipes at ‘under-delivering’ rival firms

Expanding North East agency Hive Estates has acquired a Newcastle lettings business as part of its plans for growth - and...

23 March 2022

From: Breaking News

Build To Rent regarded as offering improved value to residents

Am umbrella platform supporting Build To Rent developers says a survey suggests BTR tenants regard the sector as offering good value...

17 March 2022

From: Breaking News

Lettings agency ‘disappears’ leaving landlords and suppliers in the lurch

A lettings firm specialising in holiday properties is reported to have disappeared with all items taken from its office and calls...

11 March 2022

From: Breaking News

Agents urge government cash to use empty homes for renters

New financial incentives are needed to bring thousands of empty homes back into use and give a much-needed boost to the...

01 March 2022

From: Breaking News

myDeposits parent company acquired by big insurance group

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

22 February 2022

From: Breaking News

Thousands of BTL firms close each year, agency analysis shows

While the number of companies set up by individual landlords to hold buy to lets reached a record high last year,...

17 January 2022

From: Breaking News

Omicron - government guidance for private rental sector this winter

Housing minister Chris Pincher has written an open letter to all landlords and agents in England, telling them how to enact the...

20 December 2021

From: Breaking News

Tell Tale Signs for agents to spot modern slavery victims

ARLA Propertymark has listed tell tale signs which letting agents should look for to spot incidents of modern day slavery. It says...

02 December 2021

From: Breaking News

Growing share of lettings management happens outside office hours

Research from lettings management software provider teclet shows how important 24/7 transactions are in the industry today. Results show that 33 per...

25 October 2021

From: Breaking News

Robert Watts acquires long-established independent agency

North of England agency Robert Watts is expanding into Halifax after completing the acquisition of independent firm Bennett Kaye for an...

18 October 2021

From: Breaking News

Expelled! Rogue letting agents kicked out by The Property Ombudsman

Six agencies have been expelled from The Property Ombudsman for failing to pay compensatory awards - five of them for offences...

11 October 2021

From: Breaking News

Goodlord to offer bill-splitting service after new Tech acquisition

Lettings technology platform Goodlord has acquired a new app called acasa.  acasa is a fintech platform which allows tenants to manage household...

11 October 2021

From: Breaking News

Rogue Agents' Database: still no response to formal consultation

There has still been no formal response to a government consultation on the database of rogue agents and landlords, 25 months...

11 August 2021

From: Breaking News

Free to agents: Banking dispute service endorsed by Propertymark

Propertymark has given its support to a free and independent dispute resolution service, the Business Banking Resolution Service, which is being offered to...

05 August 2021

From: Breaking News

Fixflo in new PropTech integration with rental software provider

Fixflo has announced a new integration partnership with resident engagement and building management software provider Spike Global. Fixflo manages about 1.2m units...

04 August 2021

From: Breaking News

Foxtons-backed PropTech firm acquired by property legal group

A PropTech lettings platform boasting investment from the Foxtons agency has been snapped up by LegalforLandlords for an undisclosed figure. Propoly, launched...

04 August 2021

From: Breaking News

Working from home spells bad news for agents renting to office staff

There may be bad news for agencies with reliance on office workers who rent - a new survey suggests 10 per...

21 July 2021

From: Breaking News

Climate Change Targets: Agents demand cash help for rental sector

Propertymark says new figures detailing the costs of energy efficiency improvements in the private rental sector show the need for a...

16 July 2021

From: Breaking News

Agents and insurer strike confidential deal over Business Interruption

One of the insurers at the centre of the Business Interruption controversy is believed to have reached a settlement with some...

30 June 2021

From: Breaking News

Rents have hit a record high according to leading agency

Rental growth accelerated in May to reach a new record high according to Connells-owned lettings agency Hamptons.   Last month the average cost...

15 June 2021

From: Breaking News

Fixflo says it’s business as usual for agents despite sell-off

Fixflo has pledged that it’s business as usual for its lettings agency clients, after news broke that it was to be...

26 May 2021

From: Breaking News

Big PropTech deal as Fixflo is snapped up by German firm

Fixflo, the well known provider of property repairs and maintenance software across the lettings sector, has been acquired by a European...

25 May 2021

From: Breaking News

It's Back! City centre rental market starting to revive, says Zoopla

The city centre rental market, considered to be one of the industry’s losers during the worst of the pandemic, is beginning...

13 May 2021

From: Breaking News

Six-figure deal buys area’s largest independent agency

A lettings company has paid an undisclosed sum - described only as “a six figure deal” - to acquire a large...

05 May 2021

From: Breaking News

Software integration announced for two of the industry’s top suppliers

Prominent industry software supplier Reapit and specialist repairs and maintenance service Fixflo have announced a new integration.  This allows Fixflo’s software and...

29 April 2021

From: Breaking News

Government reveals details of arrears mediation scheme

The government has at last released details of its mediation scheme - this was hinted at when Housing Secretary Robert Jenrick...

08 April 2021

From: Breaking News

Agents told to prepare for post-lockdown rentals rush

Agents must be ready for an influx of new business according to outsourced telephone and live chat service Moneypenny. Its latest figures...

24 March 2021

From: Breaking News

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

The right PropTech can avert lockdown chaos – and forever revolutionise rental payments

With one of the world’s most successful vaccine rollout programmes under way in the UK, the chances of a complete lockdown...

01 March 2021

From: Sponsored Content

Regional agency says it wants to snap up 10 independents by 2024

Manchester-based Ascend Properties has acquired independent firm NW Estates in Warrington, for an undisclosed sum. Ascend says the acquisition - which includes the...

23 February 2021

From: Breaking News

Tenant referencing strike threatens to disrupt agencies

A trades union claims that lettings software provider Goodlord is slashing some staff salaries by a quarter - that’s £6,000 per...

12 February 2021

From: Breaking News

Agents 'should guide landlords through blizzard of licensing rules'

Letting agents should help landlords through a blizzard of red tape and regulation cause by local licensing schemes, a PropTech entrepreneur...

10 February 2021

From: Breaking News

Massive over-supply in Central London now, admits leading agent

A prominent agent says a huge over-supply of available rental property is now flooding the central London market, just as demand...

27 January 2021

From: Breaking News

Agencies must be more tolerant of staff doing home schooling

The head of industry recruitment consultancy Property Personnel is calling on agencies to be more tolerant of the struggles working parents...

13 January 2021

From: Breaking News

How can we improve property matchmaking beyond the online portals?

Over the last 20 years, the growth of online property portals – including Zoopla, Rightmove and PrimeLocation – has transformed the...

11 January 2021

From: Proptech & Innovation

Happy New Year from Letting Agent Today and Angels Media

Many agents will be closed on New Year’s Day - the last Bank Holiday for some months and at the start...

31 December 2020

From: Breaking News

Big regional deal sees 600-property lettings book snapped up

Fast-growing letting specialists Linley & Simpson has added over 600 homes to its portfolio after another major acquisition. It’s acquired the lettings and management division...

23 December 2020

From: Breaking News

Make business rate cut permanent! Agents’ demand help

ARLA Propertymark wants the government to make the current business rates exemption for High Street branches permanent. The exemption, introduced in the spring...

07 December 2020

From: Breaking News

Oyvind Birkenes, CEO of Airthings

Tell us about Airthings, why it was established, the products and what problem they were coming to solve? Airthings was established in...

26 November 2020

From: 60 Second Interview

Short Lets group demands public cash to survive Covid crisis

The new trade group representing short lets operators is asking the government to make sure the short lets sector is specifically...

28 October 2020

From: Breaking News

Stand by for referral fee restrictions, letting agents warned

Agents are being warned to prepare now for likely controls on referral fees, following recommendations made to the government by the...

27 October 2020

From: Breaking News

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