Rightmove says it’s now cheaper to buy than rent in each of Great Britain’s biggest cities, highlighting why many determined first-time...
Archive
Interest rates are expected to stay high despite good inflation news likely to be announced this week. The Office for Budget Responsibility...
15 April 2024
From: Breaking News
Promising figures from the latest house price index doesn’t mean underlying problems in the market have been solved, warns Propertymark. UK house...
04 April 2024
From: Breaking News
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
A new franchisee has been confirmed for Martin & Co’s branches in Caterham and Redhill & Reigate. A portfolio landlord who lives...
03 April 2024
From: Breaking News
Agents have expressed their anger at permanent rent controls proposed by the SNP and Green Party politicians running the Scottish Government. The...
28 March 2024
From: Breaking News
NatWest Group has announced a new package of what it calls ”targeted lending and support” to help local councils provide more...
27 March 2024
From: Breaking News
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
Renters are less financially resilient than recent remortgagers according to an analysis by business consultants Hargreaves Lansdown. It says over two thirds...
21 February 2024
From: Breaking News
New figures from lenders trade body UK Finance show a massive fall in buy to let loans for those aged 55...
20 February 2024
From: Breaking News
Propertymark wants the Bank of England to cut interest rates following data showing soaring mortgage arrears and repossessions. Lenders trade body UK...
09 February 2024
From: Breaking News
The government has ruled out any reform to the council tax system. There has been long standing criticism of council tax because...
06 February 2024
From: Breaking News
Stamp duty receipts dipped four per cent to £2.4 billion in Q3 of last year - no less than 25 per...
01 February 2024
From: Breaking News
The Property Institute has welcomed a Labour Party move to introduce the regulation of property agents across much of the sector. Tabled...
25 January 2024
From: Breaking News
Just under half of mortgage brokers expect to place more limited company buy-to-let business throughout the next 12 months, Paragon Bank...
24 January 2024
From: Breaking News
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
One of the lettings sector’s longest-standing suppliers - Mortgages for Business - is rebranding. It’s to be known as Mortgage Finance Brokers,...
18 January 2024
From: Breaking News
Strutt & Parker is leaving its HQ to share premises with other parts of its parent company - and to have a...
18 January 2024
From: Breaking News
A leading lettings agency says 2023 was a record-breaking year for rental growth. The average rent on a newly let property in...
15 January 2024
From: Breaking News
Propertymark is hosting a client money security webinar tomorrow lunchtime between 12.30 and 13.30. The webinar will discuss the rise of Artificial...
15 January 2024
From: Breaking News
A survey by one of the industry’s deposit alternative services, flatfair, shows that - unsurprisingly - over 61 per cent rank...
12 January 2024
From: Breaking News
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
Lower mortgage rates - still falling in the days since the end of the festive break - may be persuading some...
04 January 2024
From: Breaking News
Airbnb and other short let platforms are from this week required to send data on their clients’ earnings to HMRC. And a...
03 January 2024
From: Breaking News
UK Finance has published its housing and mortgage market forecasts for 2024 and 2025 together with projections for 2023 full year numbers. Key figures for 2023 In...
29 December 2023
From: Breaking News
A new Bank of England survey has confirmed a growing outflow of landlords from the private rental sector since 2020. The Bank’s...
22 December 2023
From: Breaking News
One of Britain’s leading agents - former RICS residential chairman Jeremy Leaf - says he is seeing a change of mood...
21 December 2023
From: Breaking News
The Liberal Democrats have called on the government to bring in an emergency ban on no fault evictions and banks repossessing people’s homes...
21 December 2023
From: Breaking News
Plans for leasehold reform face a major early stumbling block as analysis shows plans to retrospectively introduce a cap on ground...
20 December 2023
From: Breaking News
All eyes are on HM Treasury this week ahead of the next inflation figures, to be released on Wednesday morning. Analysts suggest...
18 December 2023
From: Breaking News
Propertymark has laid out its proposals to the Scottish Government ahead of its 2024-25 Budget next week. The letting agents’ trade body...
15 December 2023
From: Breaking News
It looks as if the rental market is set to stay strong for some years to come. That’s because lending for house...
13 December 2023
From: Breaking News
Scores of councils that enforce licensing regimes on the private rental sector claim they are on the verge of bankruptcy. Almost one...
08 December 2023
From: Breaking News
A consultation to introduce boilers into homes and the private rented sector needs ‘more carrot than stick’ according to a prominent...
07 December 2023
From: Breaking News
Leaders Romans Group is calling for a Landlords Reform Bill to balance the challenges and apparent disincentives now deterring landlords from...
30 November 2023
From: Breaking News
Savills is warning that despite strong income growth, rising rents are stretching the finances of those in the private rental sector. Savills...
28 November 2023
From: Breaking News
Inflation figures for the year to October are out this week and are expected to have fallen to 4.8 per cent. That’s...
13 November 2023
From: Breaking News
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
There’s been a significant increase in the buy to let mortgage product range according to analysis by independent service Moneyfacts. A year...
20 October 2023
From: Breaking News
A lettings industry mentor has issued a plea to agents to do more to protect their landlords’ livelihoods. Sally Lawson, founder of...
16 October 2023
From: Breaking News
UK consumers feel worse off than a year ago, but remain relatively optimistic about the property . That’s the conclusion of a...
13 October 2023
From: Breaking News
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
At a time when the agency industry is being wooed by new self employed business models, a new survey suggests most...
04 October 2023
From: Breaking News
The buy to let sector appears more heavily reliant on mortgages than some analysts have previously suggested. Specialist lending service Octane Capital has...
02 October 2023
From: Breaking News
An estimated seven million UK households are struggling to keep up with their rent or mortgage payments, Which? warns, with millions...
28 September 2023
From: Breaking News
The Scottish Government is proposing to give local councils the discretion to charge Council Tax premiums of up to 100 per...
22 September 2023
From: Breaking News
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
A mortgage expert says it’s likely that the housing market will improve this autumn. Octane Capital studied Property lending mortgage approval trends...
08 September 2023
From: Breaking News
The owners of one of the first Build To Rent schemes in Edinburgh is bidding to improve the EPC rating while...
08 September 2023
From: Breaking News
A survey of local authorities in some of the poorest areas of the country - bodies which enforce many private rental...
06 September 2023
From: Breaking News
Propertymark’s policy and campaigns director is one of the founding members of a body called the Landlord Leaders Community, which has just...
31 August 2023
From: Breaking News
A prominent figure in the London property world says landlords under increasing financial pressure are being more selective about the letting...
21 August 2023
From: Breaking News
A personal finance expert has revealed that a new group which he calls Guppies are reconciled to possibly renting forever. Alan Davison,...
16 August 2023
From: Breaking News
Prominent figures from Foxtons and Chestertons are amongst the agency leaders featured on a new six-part podcast series from OnTheMarket. Hosted by...
02 August 2023
From: Breaking News
Finances have never been more stretched in the UK, with almost every bill and expense soaring for employees and employers alike,...
18 July 2023
From: Breaking News
A sales agency specialising in disposing of buy to let portfolios says it’s now received an averaged 240 enquires a month...
14 July 2023
From: Breaking News
My Property Box Tyne & Wear has extended its all-inclusive rent deal - and it says it’s in response to concerns...
11 July 2023
From: Breaking News
A long-standing and respected property firm has slammed the government for presiding over the “mess” of taxes applied to holiday lets...
05 July 2023
From: Breaking News
A fraudster lettings agent must repay £122,922.68 to her old firm within three months - or face yet more time in...
26 June 2023
From: Breaking News
Concern remains that the mayhem surrounding the mortgage market may yet trigger a housing market crash. At the start of the weekend...
26 June 2023
From: Breaking News
The results of a new survey show widespread ignorance about how interest rates work and about how the Bank of England’s...
22 June 2023
From: Breaking News
Chris Harris, seen as the architect of the move by the John Lewis Partnership into rental housing, is stepping down this...
21 June 2023
From: Breaking News
The rental market is set to benefit from a surge in potential buyers putting their purchase plans on hold. Data from NerdWallet...
08 June 2023
From: Breaking News
Lettings agents within The Guild of Property Professionals think that the Renters Reform Bill could cause many landlords to quit. Graham Wood,...
01 June 2023
From: Breaking News
A franchise network boss has sharply criticised both Labour and the Tories for their pro-tenant policies. Dominic Agace, chief executive of Winkworth,...
18 May 2023
From: Breaking News
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
A survey of nearly 700 landlords by Paragon Bank found that 67 per cent experienced increased tenant demand during the first...
11 May 2023
From: Breaking News
The scale of investment in UK commercial property has fallen in all sectors, new research suggests. Sirius Property Finance has analysed UK...
02 May 2023
From: Breaking News
One of the country’s biggest Build To Rent players has secured funding for 1,000 new BTR homes. Legal & General has signed...
28 April 2023
From: Breaking News
A new survey of lettings agents and landlords has put the reinstatement of Section 24 mortgage tax relief at the top...
21 April 2023
From: Breaking News
New research from The Mortgage Lender reveals that 44 per cent of renters would like more cost-of-living support from the government. Specifically...
14 April 2023
From: Breaking News
Lettings agencies which rely on manual means of verification are risking repetitional damage caused by anti-money laundering regulations, a digital compliance...
11 April 2023
From: Breaking News
A prominent business analyst has given a bleak warning about the prospects for property investors and other home owners in 2023. Sarah...
06 April 2023
From: Breaking News
Corrupt elites and criminal gangs who abuse the property and financial sectors will be identified and stripped of their cash, the...
05 April 2023
From: Breaking News
New powers have been revealed to tackle what the Welsh Government calls the ‘problem’ of second homes. A statement from the Senedd...
05 April 2023
From: Breaking News
A senior figure in the financial services sector says only Build To Rent can solve the stock shortage in the lettings...
22 March 2023
From: Breaking News
West Oxfordshire council is the latest to demand new government legislation to increase council tax on empty and second homes in...
15 March 2023
From: Breaking News
Rental yields have increased by as much as 2.5 per cent in the past year as rent values outperform house prices. The...
22 February 2023
From: Breaking News
A letting agents’ trade body is urging the industry to sign a parliamentary petition calling for the Section 24 changes for...
21 February 2023
From: Breaking News
There are more Bank of England base rates to come, a group of property finance industry experts has warned. Personal finance comparison...
20 February 2023
From: Breaking News
We’re only in February and it’s already clear that this year will set the future direction of the private rented sector...
15 February 2023
From: Features
The mass exodus of landlords unhappy with increased tax and regulation appears not to have happened - at least yet. A quarterly...
15 February 2023
From: Breaking News
Propertymark has hit out at a proposal from a group of MPs that there should be a single Ombudsman covering the...
13 February 2023
From: Breaking News
The activist group Generation Rent is backing a call by MPs for the government to tighten up proposals to scrap Section...
10 February 2023
From: Breaking News
A debt advisory service claims it has calculated the overall size of the private rental sector. Sirius Property Finance analysed the current...
03 February 2023
From: Breaking News
The Bank of England has increased base rate to 4.0 per cent - its 10th rate rise in a row. Nathan Emerson,...
02 February 2023
From: Breaking News
The political party propping up the Scottish Government says higher taxes on buy to lets will help the housing market be...
31 January 2023
From: Breaking News
The equity release market has expanded by 27 per cent to hit a record £5.58 billion of new lending last year,...
31 January 2023
From: Breaking News
Keyzy, a rent-to-own service aimed at aspiring homeowners, has raised £3m in a seed funding round. The proceeds will accelerate its purchases...
26 January 2023
From: Breaking News
The Property Redress Service claims to be the largest lettings redress service now, with over 13,250 letting agency branches on board. In...
12 January 2023
From: Breaking News
Agents are being urged to sign a petition launched by a landlord facing higher tax burdens which may force him to...
03 January 2023
From: Breaking News
The Halifax has released a snapshot of the housing market as the year ends - with the cost of living crisis...
21 December 2022
From: Breaking News
Over the last decade, the proportion of people aged 24 to 64 living in their own home has fallen and the...
19 December 2022
From: Breaking News
Land and Buildings Transaction Tax - the Scottish equivalent of stamp duty - has risen to six per cent for all...
16 December 2022
From: Breaking News
Rightmove says yesterday’s Bank of England base rate rise to 3.5 per cent - the ninth hike in as many Bank...
16 December 2022
From: Breaking News
Data from the mortgage lenders’ trade body UK Finance shows the wisdom of agents having a lettings division. The body says: “We...
14 December 2022
From: Breaking News
Trends in the lettings market “do not bode well for renters on low incomes” according to an analyst. Jack Godby of lettings...
09 December 2022
From: Breaking News
A new analysis claims to show how difficult it has become for buy to let investors to secure finance as a...
07 December 2022
From: Breaking News
The volatile economy is forcing small agencies and other modest-sized businesses to put on hold millions of pounds of spending on...