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KEYWORD "Deposits" - 100 RESULTS
Time to modernise deposit system, says family-owned agency

A lettings agent says ‘times are changing with deposits” and claims more landlords and tenants are choosing alternatives.  The comment by Paul...

26 July 2024

From: Breaking News

Tenancy Progression platform announces PropTech link-ups

Tenancy progression platform Propoly has announced three integrations with other PropTech services - Helpthemove, Zero Deposit and mydeposits. Propoly managing director Sim...

08 July 2024

From: Breaking News

Deposit Alternative service predicts student rental rush

Deposit alternative supplier flatfair says it’s seen a 30% year-on-year increase in No Deposit tenancies. It also claims 14% more landlords are...

20 June 2024

From: Breaking News

Renting Still Cheaper Than Buying with a 5% Deposit

Would-be buyers with a 5% deposit face paying £300 per month more in mortgage repayments than if they continued renting, says...

19 June 2024

From: Breaking News

Tenancy check out claims rise, says deposit alternative service

The number of tenancies ending in a claim for more than five weeks’ rent has risen to 17%, a deposit alternative...

14 June 2024

From: Breaking News

Many first time buyers take second jobs to raise a deposit

Young people in London are taking on second jobs to get onto the property ladder, it’s claimed. Of the first-time buyers in...

13 June 2024

From: Breaking News

Fewer tenant disputes, claim new industry partners

Inventory services supplier No Letting Go and my deposits have announced a strategic partnership.  The partners claim the deal with combine reports...

13 June 2024

From: Breaking News

New PropTech tool launched by Goodlord

PropTech supplier Goodlord is launching something called Complete Tenancy Management This claims to give agents tools to manage a tenancy over its...

12 June 2024

From: Breaking News

Would Tories’ Stamp Duty Policy really turn renters into buyers?

Over the weekend the Conservatives pledged that if elected on July 4 they would permanently scrap stamp duty for first time...

10 June 2024

From: Breaking News

Mydeposits custodial scheme - new platform launched

A new platform for the mydeposits custodial scheme has launched this week, incorporating features inspired by feedback from members and designed...

31 May 2024

From: Breaking News

Rogue lettings agency fined again for failing to secure tenancy deposits

A lettings agency trading as Bowden Property Group Ltd has been fined £4,000 and £1,470 for failing to protect two tenancy...

29 May 2024

From: Breaking News

Build To Rent operator strikes deal with deposit alternative supplier

Build To Rent developer and operator Dandara Living has struck a partnership with deposit alternative service flatfair. Dandara joins other BTR operators...

22 May 2024

From: Breaking News

Guilty! - Fraudster letting agents duped landlords and tenants

Two London agents who traded fraudulently through their lettings business and scammed victims out of over £24,000 have been sentenced. After a...

13 May 2024

From: Breaking News

More tenants borrowing to fund deposits on next property - claim

The percentage of tenants borrowing money to fund their cash deposits on their next property has risen over the last 12...

25 April 2024

From: Breaking News

Online firm launches budget “self-service” lettings platform

An online lettings platform claims to have launched the first “end-to-end self-service lettings platform” which could save landlords around £3,800. Hello Neighbour...

19 April 2024

From: Breaking News

Average rent arrears climb as cost of living crisis bites

Average rent arrears claims climbed to £1,816 in the first quarter of this year. That’s a rise of 27% from £1,435 in...

17 April 2024

From: Breaking News

Key industry supplier names ex-housing chief as chairperson

The Tenancy Deposit Service, the provider of tenancy deposit protection and dispute resolution services, has appointed Fay Selvan as its new...

11 April 2024

From: Breaking News

Agents should help “hard-pressed tenants” urges industry figure

A deposit alternative company is calling on agents to help tenants save an average of £1,000 on up-front costs. Flatfair chief executive...

04 April 2024

From: Breaking News

Expelled! Agency kicked out by Ombudsman for just £1,100

A lettings agency has been expelled from The Property Ombudsman scheme following itsfailure to pay £1,100 out of an adjudicated award...

26 March 2024

From: Breaking News

Give tax perks to renters to help them buy, urges think-tank

A think tank is urging the UK government to consider tax perks for private renters to help them save faster for...

20 March 2024

From: Breaking News

Complaints About Agents - huge rise in compensation

There’s been a large rise in complaints and a huge increase in compensation according to figures out today from the Property...

18 March 2024

From: Breaking News

Family-owned agency signs up to deposit alternative supplier

Family-owned agency Boydens has signed a deal to offer deposit alternative service Reposit to landlord clients. Paul Buck, a representative of Boydens,...

14 March 2024

From: Breaking News

Most would-be buyers say they cannot afford an open-market home

A survey from property portal Share to Buy suggests that over three quarters of buyers believe they cannot afford to purchase...

11 March 2024

From: Breaking News

PropTech sector gives a thumbs down to lacklustre Budget

The PropTech sector has mostly agreed with the rest of the industry in its view on yesterday’s Budget - that it...

07 March 2024

From: Breaking News

PropTech: New Lettings Progression function for agents - and soon

Alto says it’s introducing new Lettings Progression functionality which will roll out in the first half of this year - so...

27 February 2024

From: Breaking News

Beware 1% Deposits - Knight Frank lays into government

Knight Frank has taken the unusual step of suggesting a government proposal for the housing market is high-risk and could even...

23 February 2024

From: Breaking News

Alto announces link-up with deposit alternative supplier

Agency software service Alto has announced a new integration with Zero Deposit.  Research by Zero Deposit shows that 65 per cent of...

15 February 2024

From: Breaking News

Purplebricks boss slams Tories in unexpected attack

While most agents remain relatively tight lipped about party politics, the chief executive of Purplebricks has said the Tories should take...

13 February 2024

From: Breaking News

High profile supplier restructures and renames

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

13 February 2024

From: Breaking News

Rent controls and EPC laws must be discussed with agents - Propertymark

Scottish councils must engage with letting agents and landlords if radical rental reforms have any chance of working. Propertymark argues that the...

31 January 2024

From: Breaking News

Is the government deliberately delaying the Renters Reform Bill?

The long-awaited Third Reading of the controversial Renters Reform Bill will not happen this week according to the Leader of the...

29 January 2024

From: Breaking News

Agents List Radical Changes needed to Renters Reform Bill

Propertymark's latest research report suggests some letting agents want radical changes to the Renters Reform Bill now going through Parliament.  The aim...

25 January 2024

From: Breaking News

Row over government bid to turn renters into first time buyers

Controversy surrounds a government idea - floated over the weekend - to allow renters to secure mortgages with just one per...

22 January 2024

From: Breaking News

Major agency group signs deal with deposit alternative supplier

Deposit alternative company flatfair has announced a major new agency partnership with the Andrews Property Group.  Andrews branches will be able to...

22 January 2024

From: Breaking News

Knight Frank warns that Rwanda controversy could force early election

Knight Frank has taken the unusual step of warning that Tory splits over Rwanda and immigration could force an early election...

08 January 2024

From: Breaking News

Budget date revealed as Gove hints at new housing policies

The date has been set for the Spring Budget - the last before the General Election.  It’s to be on Wednesday March...

28 December 2023

From: Breaking News

Letting Agent Thief sentenced after stealing over £128,000

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

07 December 2023

From: Breaking News

Gary Wright - flatfair Chief Executive Officer

Who are you and what does it say on your business card? Gary Wright - Chief Executive Officer. What is flatfair and what...

13 November 2023

From: 60 Second Interview

Agents’ queries pour in to fast-expanding Lettings Helpline

Propertymark is hailing its new Lettings Helpline as a success, just a month after it launched. In that four week period the...

03 November 2023

From: Breaking News

tlyfe's Rent-Ready Solution: Revolutionising the Lettings Market with Over 50,000 Tenants and 200 Agent Branches on Board

Introduction The lettings market is no stranger to the complexities and challenges that come with finding the right tenants for the right...

31 October 2023

From: Sponsored Content

London tenants pay high average deposits, claims supplier

One of the players in the controversial Deposit Alternative field is stepping up its case for this kind of service to...

25 October 2023

From: Breaking News

Typical rental deposit shows big increase over just three months

The average cash deposit of five weeks rent rose by four per cent over the last quarter from £1,217 at the...

24 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

flatfair Deposits is already making waves in the lettings market

In September last year, flatfair, a deposit alternative provider, released their latest rental solution called flatfair Deposits, to the lettings market....

16 October 2023

From: Sponsored Content

Build To Rent ‘may get favourable treatment’ on rent legislation

A controversial consultation document about rent controls is proposing that Build To Rent operators be exempt from the caps which may...

13 October 2023

From: Breaking News

Rent Control proposals slammed by prominent industry commentator

Proposals for rent controls made in a government consultation document have been slammed by a prominent industry commentator and PropTech entrepreneur. The...

06 October 2023

From: Breaking News

Parents and Pet Owners Pay More for Renting - claim

Parents and pet owners are paying as much as £460 per month more for rent and bills, it’s claimed. The claim comes...

06 October 2023

From: Breaking News

Landlords’ and tenants’ money lost in agency administration

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

02 October 2023

From: Breaking News

Emma Parsons, Head of Partnership Development at flatfair

Who are you and what does it say on your business card? Emma Parsons, Head of Partnership Development What is flatfair and what...

25 September 2023

From: 60 Second Interview

Deposit Alternative firm claims tenants need multiple finance sources

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

22 September 2023

From: Breaking News

Annalese Walmsley - Commercial Director at flatfair

Who are you and what does it say on your business card? Annalese Walmsley - Commercial Director at flatfair What is flatfair and...

07 September 2023

From: 60 Second Interview

Siblings join parents in helping first time buyers quit rental market

New analysis reveals that other family members beyond parents are increasingly lending their financial support to first-time buyers.   So far this year...

29 August 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

Soaring first time buyer deposits likely to trigger more rental demand

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

08 August 2023

From: Breaking News

Latest rate rise ‘could light a rocket under UK housing market’

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

28 July 2023

From: Breaking News

Threat of pets in lets shows need for inventories - claim

The increasing likelihood that the private rental sector will be obliged to allow more pets into lets simply demonstrates the need...

19 July 2023

From: Breaking News

Property company boss hit by big fine six years after offences

A property firm which admitted misleading tenants on their rights and threatening them to leave has been ordered to pay £8,000. Four...

12 July 2023

From: Breaking News

Avoid the stress of an annual accountants’ report ... by not doing one!

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

04 July 2023

From: Sponsored Content

PropTech Bonanza as new lettings integrations announced today

Proptech firm The Lettings Hub has launched a trio of integrations - with Reapit, Home Telecom, and Live Chat software Tawk. Reapit...

03 July 2023

From: Breaking News

Deposit Alternative service announces major new partnership

Deposit alternative service flatfair has announced that its the first to integrate with The DPS. The integration will mean flatfair can offer...

03 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

Banned! Fraudster lettings agent jailed and cannot be a director

Trading Standards has stopped a lettings agency owner from being a company director after he defrauded customers by over £80,000. Francis Smart,...

19 June 2023

From: Breaking News

Grudging support for agents strictly observing Fees Ban

A campaign group of activists says there have been only “few reports of dodgy behaviour” by agents and landlords in the...

09 June 2023

From: Breaking News

Rightmove links all stages of letting process on one platform

Rightmove has launched the first rollout phase of products for agents, described as linking the rental journey from advertising and receiving...

24 May 2023

From: Breaking News

Faster and more secure tenant referencing pledge by supplier

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

12 May 2023

From: Breaking News

Interest Rates - Bank of England reveals latest decision

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

11 May 2023

From: Breaking News

Third of tenants must borrow to raise rental deposits - survey

Nearly a third of tenants are borrowing money to fund a cash deposit, a survey claims. A poll of 1,000 current renters...

10 May 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

Agency accused of fake claims over tenants’ deposits

A lettings agency has been accused of falsely claiming deposits were being held in a deposit protection scheme and other related...

24 April 2023

From: Breaking News

Fraud - agency maintenance chief steals almost £100,000

A lettings agency maintenance manager stole almost £100,000 from her company - but has escaped prison. Farida Mughal was working at the...

19 April 2023

From: Breaking News

5 Reasons to outsource your client accounting

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

18 April 2023

From: Sponsored Content

Sean Hooker - Head of Redress for the Property Redress Scheme

Introduce yourself A: My name is Sean Hooker. I have worked for the HFIS group for sixteen years, originally helping set...

23 March 2023

From: 60 Second Interview

Big rise in complaints to Property Redress Scheme

There’s been a big rise in the number of complaints about agents lodged with the Property Redress Scheme, which says it’s...

09 March 2023

From: Breaking News

The top 5 things to prepare for when selling your business

Atomic Consultancy, the specialist acquisition management business, believes that 2023 is likely to present significant opportunities for those looking to sell...

10 February 2023

From: Sponsored Content

Letting agents don’t get into the business to be accountants! The solution is simple

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

10 February 2023

From: Sponsored Content

Labour launches major review of private rental sector

The Labour Party is to launch a major review of the private rental sector, led by the head of a London...

30 January 2023

From: Breaking News

Airbnb issues consumer warning about scams

Short lets platform Airbnb - increasingly used by landlords acting as hosts - has issued a warning to consumer users about...

30 January 2023

From: Breaking News

Lettings expert helps Propertymark beef up compliance work

Propertymark has beefed up its compliance team with a recruit from the lettings sector. Darren Kitchenside, who has been at My Deposits...

09 January 2023

From: Breaking News

Good News - signs of optimism in buy to let mortgage market

Legal & General says it’s seeing signs of optimism in different parts of the buy to let sector. Firstly it’s seen a...

29 December 2022

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

First Time Buyers cut back in struggle to escape renting

A new study from Rightmove reveals what aspiring first-time buyers are most likely to cut back on in a bid to...

17 November 2022

From: Breaking News

Agent Alert - City Trading Standards team begins clampdown

A council’s Trading Standards team is warning letting agents of a new clampdown on compliance failures. Stoke-on-Trent Trading Standards says it’s received...

09 November 2022

From: Breaking News

Agency group claims dramatic cut in deposit refund times

An agency group in Berkshire says it has reduced tenancy deposit return times by some 80 per cent in just two...

01 November 2022

From: Breaking News

What's the future of Purplebricks lettings division?

Once again there is uncertainty over the future of the small lettings division of Purplebricks. The threat of redundancy hangs over staff...

25 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

Purplebricks returns to nasty agent-bashing with Commisery ads

What many believe to have been one of the nastiest TV adverts in recent years - Purplebricks’ attack on traditional agents’...

30 September 2022

From: Breaking News

New product offers agents six weeks cover across all tenancies

Zero Deposit is piloting a new product that provides six weeks’ cover on every tenancy, even when the renter selects a...

27 September 2022

From: Breaking News

Labour's plans for private renting - if it wins the next election

Shadow housing minister Lisa Nandy has unveiled a Charter for Renters which she says will be implemented within 100 days of...

27 September 2022

From: Breaking News

Experienced hands drafted in to avoid future Purplebricks blunders

More ‘old’ new faces have been drafted in to Purplebricks in a bid to improve its compliance and market performance. Last month...

15 September 2022

From: Breaking News

Deposit alternative firm adds traditional service to its platform

* Angels Media and Letting Agent Today are deeply saddened by the passing of HM Queen Elizabeth II * - Deposit alternative service...

09 September 2022

From: Breaking News

Tenancy disputes dip but one major problem dominates

There’s more evidence today that cleaning remains the largest cause of disputes between agents and tenants. Data released by The Dispute Service...

06 September 2022

From: Breaking News

Jailed! Another 34 months for agent already guilty of assault

A former lettings agent has been jailed for almost three years after admitting conning landlords out of over £80,000. The sentence for...

30 August 2022

From: Breaking News

Purplebricks creates new compliance role after rental deposits scandal

Purplebricks has announced a new director of risk and compliance, following its lettings division’s high profile compliance error last year.  In Decvember...

24 August 2022

From: Breaking News

Tenancy deposits dip slightly across England and Wales

Latest figures from the Tenancy Deposit Service shows a slight reduction in typical deposits for rental properties in England and Wales. At...

23 August 2022

From: Breaking News

PropTech deal as deposit service invests in App creator

TDS, the dispute service, has announced an investment in PropTech organisation OpenBrix. This involves a licensing deal that will see OpenBrix’s tlyfe...

22 August 2022

From: Breaking News

Purplebricks sets date for possible lettings crisis showdown

Purplebricks has set a date for a possible showdown with shareholders over the agency’s lettings compliance crisis amongst other controverisies.  It has...

16 August 2022

From: Breaking News

Guilty letting agent who stole deposits now awaits sentence

A letting agent who stole over £80,000 from landlords is awaiting sentence. Frank Smart - owner of Smart Residential Letting Agents in...

15 August 2022

From: Breaking News

Purplebricks reveals cost of lettings error and slams poor marketing

Purplebricks has given its interpretation of how much its lettings sector compliance crisis has cost the company. Back in December the Daily...

02 August 2022

From: Breaking News

Client Accounting - Risks and Rewards of Outsourcing

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

01 August 2022

From: Sponsored Content

Purplebricks lettings division losses to be revealed next week

The financial fall out from Purplebricks’ disastrous lettings compliance crisis is likely to be revealed next week. The troubled agency says it...

26 July 2022

From: Breaking News

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