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KEYWORD "Collapse" - 74 RESULTS
 Stop Killing Market with Rent Controls, agents tell minister

Propertymark has urged Scotland’s new First Minister to end the country’s housing emergency. John Swinney is now First Minister and says he...

08 May 2024

From: Breaking News

Tory MP reported to bring Renters Reform Bill “to brink of collapse”

A national newspaper says the Renters Reform Bill is “on the brink of collapse” as Tory MPs are divided on their...

08 March 2024

From: Breaking News

MPs turn on Airbnb and other short lets

Prominent MPs from the Conservative and Liberal Democrat parties have renewed their onslaught on Airbnb and other short let platforms.  Former Lib...

06 February 2024

From: Breaking News

Foxtons heavily reliant on lettings to stay in the black

Foxtons’ unaudited end-of-year trading statement makes no bones about it - the lettings division saved the agency’s bacon in 2023. It suffered...

26 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

Rental growth to decline this year warns muted Winkworth

Winkworth’s first trading statement of 2024 reveals that it saw a five per cent rise in rental revenues in 2023 -...

11 January 2024

From: Breaking News

Purplebricks and Boomin boss Bruce is back with a new agency

One of the controversial Bruce brothers, founders of the ill-fated Purplebricks venture, is back in the agency business. It’s almost a decade...

04 September 2023

From: Breaking News

Airbnb supply 'slashed 80% by new controls' - report bombshell

A report being considered by a council says one of the UK’s biggest cities could see an 80 per cent collapse in...

24 August 2023

From: Breaking News

Stamp Duty Surcharge triggers long-term slump in off-plan sales

Off-plan new build properties - at one time a solid favourite amongst landlords - are now falling out of favour with...

23 May 2023

From: Breaking News

Purplebricks nears collapse as sale falters and money runs low

Purplebricks has given its most pessimistic trading update yet, admitting its effects to find a buyer are tanking and its financial...

10 May 2023

From: Breaking News

High rents push more first timers into buying - claim

The property market could be emerging from the downturn, Zoopla says.  Annual house price growth remains just 3.0 per cent according to...

04 May 2023

From: Breaking News

Agency uncovers big fall in property taxes

Revenue from property taxes in Scotland has dropped significantly so far this year, according to a prominent lettings agency.  DJ Alexander Ltd...

12 April 2023

From: Breaking News

Agents react to Bank of England interest rate decision

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

24 March 2023

From: Breaking News

Prime London rents soar but affordability not an issue - claim

The rental market in Prime London continues to suffer from a severe stock shortage according to recent data from property consultancy...

14 March 2023

From: Breaking News

Prime London rent rises may have plateaued - LonRes

The rate of rental growth in Prime London has started to ease and may even have levelled off, says data firm...

16 February 2023

From: Breaking News

Short lets to be ‘banned’ from city claim landlord reps

A crackdown on Airbnbs and other short lets in the Scottish capital, Edinburgh, has infuriated landlord’s’ representatives. In line with the rest...

07 December 2022

From: Breaking News

Areas furthest from London will fare least badly, predicts Savills

Savills, which at the end of last week released a gloomy forecast predicting a 10 per cent price drop for average...

07 November 2022

From: Breaking News

Energy Crisis - number of ‘bills included’ tenancies plummet

The number of ‘bills inclusive’ tenancies has plummeted, just as energy prices soar. That’s the claim from PropTech firm Vouch, which says...

30 August 2022

From: Breaking News

Hefty fine for property company ignoring improvement notices

A property ownership and management company has been fined £20,000 for failing to carry out safety and fire safety improvement works...

28 April 2022

From: Breaking News

Massive London rent rise takes UK average growth over 10%

An eye-watering annualised rent rise in Greater London of 27.3 per cent has helped pushed the all-UK total yearly hike to...

17 March 2022

From: Breaking News

Lib Dems want big rental sector controls ‘to solve housing crisis’

The Liberal Democrats have proposed sharp restrictions on holiday rentals at the heart of the party’s plans to solve the housing...

11 January 2022

From: Breaking News

Student rental sector relies too much on overseas tenants - claim

Research by a student accommodation search platform suggests that the sector may rely too heavily on the apparent year-on-year growth in...

20 October 2021

From: Breaking News

Agents left in the lurch by ARPM will be helped, says PropTech firm

A PropTech company says it will support agents left in the lurch by the collapse of ARPM. Ash Residential Property Management -...

06 October 2021

From: Breaking News

How agents can support tenants with rising energy bills

Rik Smith, Head of Tenant Services at Goodlord, outlines in this tips piece how agents can support tenants with rising energy...

29 September 2021

From: Recruitment & Business Matters

Collapse in supply of houses listed for rent in prime London

High-end lettings agency Knight Frank says there’s been a huge loss of houses available for renters in prime London in the...

10 May 2021

From: Breaking News

Twin speed rental market goes on as London lags behind UK

The Home website has produced its latest rental market snapshot - and once again London is the odd region out compared...

15 April 2021

From: Breaking News

Rental collapse in prime central London nears the end, claims agency

Average rents in prime central London declined 14.3 per cent in the year to March - but one agency reckons that may be...

14 April 2021

From: Breaking News

Investigation underway into collapse of agency £1.3m in debt

An investigation is underway into a lettings agency which has gone into liquidation owing almost £500,000 in rent to landlords and in...

15 March 2021

From: Breaking News

Rental market picking up steam - even in London

There is mounting evidence that rental growth is picking up steam, according to the latest analysis by Countrywide brand Hamptons. Average rents...

15 December 2020

From: Breaking News

Living without Section 21 evictions – lessons from the Scottish market

The announcement of the Renters’ Reform Bill in the Queen’s speech last December caused a collective groan across the country from...

29 October 2020

From: Legislation & Compliance

Indirect boost for rental market as first time buyers defer plans

Nearly half of prospective home buyers have delayed their plans because of the Coronavirus crisis, a mortgage company says. Research by Aldermore...

24 September 2020

From: Breaking News

Collapse of Airbnb popularity produces glut of long-term stock

One in eight homes coming onto the rental market in inner London since May has previously been an Airbnb or other...

17 August 2020

From: Breaking News

Short Lets trade body expands after sector comes back from the brink

The Short Term Accommodation Association, a trade body representing suppliers to the Airbnb-style short-term rental sector, has announced four new members. This brings...

10 August 2020

From: Breaking News

Prime London rents could plummet 10% this year warns agency

Strutt and Parker says the low level growth in the lettings market seen in prime central London in 2019 is being...

06 August 2020

From: Breaking News

Rents under pressure across UK and in London in particular

New data from Zoopla shows that a two-speed rental market is operating across the UK, with London in particular hitting major...

05 August 2020

From: Breaking News

Top lettings agency to shed jobs with new online platform at risk

One of the country’s largest lettings agencies is to lose 17 jobs out of 100 in what the company founder calls...

19 May 2020

From: Breaking News

Rents set to fall across the UK for next three months, say surveyors

Private rents are expected to fall across the UK in the coming three months, but stabilise over the course of the...

14 May 2020

From: Breaking News

Labour evictions policy could mean financial ruin - claim

Labour’s proposal to extend the current ban on private rental sector evictions could end up with some landlords in financial ruin.  Landlord...

12 May 2020

From: Breaking News

Short Lets trade body recruits 14 new members despite virus battering

The new trade body for companies working in the beleaguered short lets sector has recruited 14 new member firms - although...

30 April 2020

From: Breaking News

Airbnb-style short lets bookings down 90% warns rental platform

A short-lets rental platform says it has evidence to show that nights booked in April are down 90 per cent compared...

17 April 2020

From: Breaking News

800 short let properties given over to NHS staff with more to come

A project called NHS Homes, run by a number of suppliers within the short lets sector, has now made available some...

09 April 2020

From: Breaking News

Short lets sector collapses with 70 per cent of rentals cancelled

Airbnb and similar platforms have seen a collapse of business since the start of the Coronavirus crisis with some 70 per...

02 April 2020

From: Breaking News

Short lets shouldn’t have to give cash refunds, says new trade body

The growing number of companies offering support services to hosts and agencies that operate short lets on Airbnb and similar platforms...

20 March 2020

From: Breaking News

112 redundancies after Airbnb support firm collapses

It’s now been revealed that 112 redundancies have followed the collapse of controversial short lets support firm Hostmaker. The overseas operation of...

05 March 2020

From: Breaking News

Airbnb and short-lets support firm collapses with huge debts

Hostmaker, a property management firm working with properties listed on Airbnb and other short-let platforms, has ceased trading with its parent...

04 March 2020

From: Breaking News

Council steps in to prevent tenants having to use outside staircase

A council’s intervention has stopped a landlord forcing his private tenants to use an external staircase to enter their home -...

27 February 2020

From: Breaking News

One agent’s bid to restore reputation destroyed by employee

A lettings agency owner has spoken about his bid to restore his firm's reputation after it was destroyed by a former employee. Earlier...

21 February 2020

From: Breaking News

Five year ban for rogue agent who used deposits to run business

An agent has been disqualified from managing companies for five years after she failed to safeguard £28,000 worth of tenants’ deposits...

12 February 2020

From: Breaking News

What are the benefits of traditional online auctions for estate agents?

Property auctions – online or otherwise – can be hugely helpful to sellers, buyers and estate agents. Online auctions, in particular, are...

06 February 2020

From: Sponsored Content

Upad closure: rival agencies offer help to stranded customers

Several lettings agencies have stepped up to offer help to stranded customers of the collapsed online service Upad. A notice on Upad’s...

14 October 2019

From: Breaking News

Redundancy rumour hits another online lettings service

In addition to the apparent collapse of Upad at the weekend, there has been unconfirmed speculation about redundancies at a second...

14 October 2019

From: Breaking News

High-profile online lettings agency acquired by digital rental service

Online rental services platform Howsy - which last week revealed £5m new investment from backers - has acquired online lettings agency...

09 September 2019

From: Breaking News

It’s War: Tories and lettings chiefs tear into Labour Right To Buy plans

There’s been a fierce outcry from Conservative MPs and the lettings industry in response to Labour’s threat to give private rental...

03 September 2019

From: Breaking News

Student lettings agency pledges growth through strategic acquisitions

A specialist student accommodation lettings and property management company says it’s preparing to grow through a series of strategic acquisitions. Bankers have...

25 June 2019

From: Breaking News

Thousands of buy to let homes are dangerous, claims compliance firm

A compliance company has accused “thousands” of buy to let investors of failing to address major household hazards which render properties...

07 May 2019

From: Breaking News

Scrapping Section 21 long overdue admits lettings chief

The head of a major property management firm says the controversial proposal to scrap Section 21 eviction powers for landlords is...

16 April 2019

From: Breaking News

Scandal: Agent steals £350,000 but pays back just one pound

A lettings agent who stole over £350,000 is reported to have been told to pay back…£1. Local media in the south of...

27 March 2019

From: Breaking News

Spark Energy says new owner will 'significantly benefit the rental sector'

The acquisition of popular rental sector utility provider Spark Energy will “significantly benefit the rental sector” according to the troubled company’s...

29 November 2018

From: Breaking News

London lettings market will recover - but it'll take two years at least

A major property platform says London’s rental and sales market may well be on the road to recovery - but that...

03 October 2018

From: Breaking News

Jailed for five years: the agent who stole £700,000 from clients

A letting agent who stole a reported £700,000 from clients has been jailed for five years and has been described by...

06 August 2018

From: Breaking News

Collapse in demand for buy to let in London says top buying agency

One of the most respected buying agencies, Black Brick, says the collapse in demand for buy to let is the most...

09 July 2018

From: Breaking News

Agency closes, boss disappears, and thousands owed to clients

A regional newspaper claims that a lettings agency has collapsed, its boss has gone to ground, and thousands of pounds are...

18 June 2018

From: Breaking News

'What kind of monster would do this?' asks politician after lettings bust

A council leader in London, so outraged after a bust of a rogue lettings property, has asked: “What kind of monster...

08 June 2018

From: Breaking News

Massive £29,000 fine after tenants' lives put at risk in BTL property

A fine of over £29,000 has been imposed on an absentee landlord whose property was said to have put tenants’ lives...

19 January 2018

From: Breaking News

Consultation launched on 'Fitness for Human Habitation' rental rules

The Welsh Government has launched a consultation on draft regulations and guidance to implement the Fitness for Human Habitation requirements for...

18 October 2017

From: Breaking News

Buy to let sales collapse 64 per cent in 12 months, claims agency

The number of buy to let transactions across England and Wales has fallen 8.2 per cent in one month and is down an...

09 December 2016

From: Breaking News

Credit crunch 'best thing that could have happened to lettings'

The financial downturn was “probably the best thing that could have happened” to this country’s private rental sector according to lettings...

13 October 2016

From: Breaking News

Daily Telegraph keeps up pressure on ‘anti-buy to let government’

The Daily Telegraph - an outspoken critic of George Osborne’s fiscal changes aimed at extracting more money from the buy to...

22 June 2016

From: Breaking News

Average rents at an all-time high across Scotland according to Citylets

Average asking rents in Scotland now stand at £767 per month, up 2.1 per cent over the past year.  The exception to...

21 April 2016

From: Breaking News

Osborne has slashed rental sector confidence 'to below crisis levels'

Landlords’ confidence in the buy to let sector has collapsed to an all-time low and is now “worse than levels witnessed...

03 February 2016

From: Breaking News

Carney repeats buy to let warnings as he rules out imminent rate rise

The governor of the Bank of England has ruled out an immediate rise in interest rates because of the turmoil in...

20 January 2016

From: Breaking News

Letting agency fined over condition of landlords' properties

A letting agency has been ordered to pay more than £12,000 in fines and court costs after being convicted of seven...

07 September 2015

From: Breaking News

£25,000 penalty for breaching safety and licence rules

A landlord who did not have the required licence for the number of tenants living in his property, and who also...

20 July 2015

From: Breaking News

Letting agent gets 10 year ban as £577,000 goes missing

A letting agent has been disqualified from acting as a director for 10 years following the collapse of his Hove agency,...

26 June 2015

From: Breaking News

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