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Popular Buy To Let mortgage lender is latest to cut rates

Paragon Bank has reduced rates on its core range of buy-to-let mortgages, taking 15bps off 10 products, in addition to launching...

05 July 2024

From: Breaking News

Agents managing HMOs without licences hit by council fines

Fines totalling £108,000 have been issued to letting agents and landlords breaching HMO rules in part of London.  An additional HMO licensing...

02 July 2024

From: Breaking News

HMO sales agency begins UK-wide roll out in four cities

HMO Sales Expert, a 2024 start-up, has launched a UK-wide partnership programme. It’s commenced with Plymouth, Doncaster, Leicester, and Peterborough, and later...

24 June 2024

From: Breaking News

HMO award winners revealed - are you amongst them?

Software company COHO has presented wards to agencies, suppliers and individuals involved in the HMO business. The firm says the awards honour...

07 June 2024

From: Breaking News

Good News - buy to let yields at their highest for six years

The average gross rental yield reported by landlords has reached the highest level since the second quarter of 2018, according to...

03 May 2024

From: Breaking News

Buy To Let property profile changes as landlords diversify

Houses in Multiple Occupation are making up an increasing percentage of buy-to-let business, according specialist lender Shawbrook.  In both 2022 and 2023,...

12 April 2024

From: Breaking News

New Digital Property Logbook tested for lettings market

Property logbook company Chimni is trialling a new form of Digital Property Logbook aimed at the Lettings markets.   The new logbooks...

02 April 2024

From: Breaking News

Last-minute government U-turn on HMO regulation changes

The government has done a U-turn on its original policy to relax HMO regulations on private rental properties used by asylum...

08 February 2024

From: Breaking News

Sara Stevenson, Lettings Director at Sourced Living, part of the Sourced Property Group.

Who are you and what does it say on your business card? My name is Sara Stevenson. I am the Lettings Director...

04 February 2024

From: 60 Second Interview

Rebrand for one of lettings industry’s best known suppliers

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

New lettings brand claims franchisees can earn £100k-plus per year

A new lettings franchise is being launched, which claims its franchisees can earn £100,000-plus annually.  The Sourced Group has launched Sourced Living,...

10 January 2024

From: Breaking News

Agents’ views sought for large HMO licensing scheme

Agents, landlords and others’ views are being sought in a consultation on proposals to introduce a borough-wide additional licensing scheme for...

09 January 2024

From: Breaking News

Rates War! Mortgage lenders slash BTL borrowing costs

A series of lenders have slashed their buy to let mortgage rates in a bid to win business. These include: - LendInvest Mortgages...

08 January 2024

From: Breaking News

Seven Tips this lettings agency is giving its landlord clients

Online rental platform Lettingaproperty is telling landlords to take a strategic approach to property management in 2024, to help navigate legislative...

08 January 2024

From: Breaking News

Lettings and Build To Rent experts head ARLA chief’s speaker list

The president elect of ARLA Propertymark has created a comprehensive list of female experts in different property disciplines. Angharad Trueman, Group Lettings...

03 January 2024

From: Breaking News

Labour to ban bidding wars and offer new anti-social behaviour rules

A prominent housing market commentator says Labour would introduce a tougher version of the Renters Reform Bill if it forms the...

27 December 2023

From: Breaking News

Agency installs new systems after error leaves HMOs unlicensed

A lettings agency has initiated new systems to ensure there is no repeat of a mistake that left some client properties...

08 December 2023

From: Breaking News

Activists oppose move away from Open Ended Tenancies

The Generation Rent activist group has come out against an amendment to the Renters Reform Bill which reversed the threat of...

29 November 2023

From: Breaking News

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

Agents supporting HMO council tax breakthrough

Propertymark has welcomed the government’s commitment to end the practice of council tax of banding single rooms in HMOs, potentially saving...

02 November 2023

From: Breaking News

Agency slams four councils for policies which directly hit rental supply

The lettings agency Winkworth has taken the unusual step of criticising policies of a series of councils. The councils are all Labour...

30 October 2023

From: Breaking News

Politicians want to take ‘harder line’ with rogue agents

Harlow council says it wants to take a harder line against agents and landlords who knowingly let unsafe and substandard properties...

20 October 2023

From: Breaking News

Leading agent angry over licensing lack of communications

A high profile lettings agent has written to his local council seeking information about an Additional Licensing scheme which has expired...

04 October 2023

From: Breaking News

Labour boss says “uninterested agents” force tenants to “disgusting conditions”

Two massive new rental licensing schemes are set to be approved in Brighton - and part of the reason is “uninterested...

14 September 2023

From: Breaking News

Ban on HMOs converting to Airbnb causes consultation uproar

A move to stop HMOs being used as Airbnb or other short lets has been put forward in the westcountry -...

08 September 2023

From: Breaking News

Large numbers of HMOs “scare” home owners - MP’s claim

An MP says owner occupiers are “scared, unable to sleep at night, worried about their safety and even concerned about whether...

11 August 2023

From: Breaking News

Agents and landlords warned over imminent changes to HMO regulations

Agents representing landlords of HMOs In Portsmouth are being warned by the council that their need to be licensed or face...

11 August 2023

From: Breaking News

‘Inspiring’ franchisee takes control of his fourth branch

Belvoir franchisee Lloyd Rumbold has completed on the acquisition of Belvoir West Bridgford, adding a fourth franchise to his portfolio of...

27 July 2023

From: Breaking News

Crackdown on HMOs across large London borough

Buy to let investors who want to convert family homes into HMOs in Hounslow for three to six tenants will now...

17 July 2023

From: Breaking News

Root and branch HMO crackdown on the agenda for council

A new action plan to tackle issues around HMOs is being drawn up by a Midlands council next week. West Northamptonshire council’s...

06 July 2023

From: Breaking News

Agents' Teach-In Month - Webinars begin tomorrow

Tomorrow sees the start of a month of webinars hosted by Rightmove to help agents understand compliance changes and how they...

03 July 2023

From: Breaking News

Labour complains about asylum seeker HMOs being unlicensed

The Labour-run London Assembly says it is concerned about government plans to allow landlords to house asylum seekers for two years without...

28 June 2023

From: Breaking News

Agents told ‘Get A Move On’ as licensing scheme flags

  A council has told letting agents to ‘get a move on’ as it admits there’s been a slow start to its...

20 June 2023

From: Breaking News

HMO investment platform gives outline of growth strategy

Five franchisees who purchased an investment platform say they want to double the size of the business by 2028. Established in 2007,...

06 June 2023

From: Breaking News

Asylum Seekers in HMOs - last minute plea to government

A council is pleading with the government to think again about proposals to suspend the need for an HMO licence for...

24 May 2023

From: Breaking News

Law service takes swipe at “incompetent letting agents”

Landlords are urged to be cautious and do extensive research before signing up to a letting agent in the face of...

24 May 2023

From: Breaking News

Controversial licensing scheme - last chance for agents’ input

Letting agents have a final chance today to have their say on a consultation into a newly proposed licensing scheme for...

24 May 2023

From: Breaking News

Inventories to become key as fire rules tighten further - claim

A trade body says inventories are set to play an increasingly important role in the private rental sector as fire regulations...

05 May 2023

From: Breaking News

Rebranded agency says students now drive the lettings market

Investors looking to add to their portfolios in 2023 should be urged to consider student housing opportunities, according to a Newcastle...

05 May 2023

From: Breaking News

Student activists allege high incidence of damp and mould

An activist group claims that 54 per cent of students are currently living with damp and mould. The group - Students Organising...

04 May 2023

From: Breaking News

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 wants clampdown on HMOs run by “dubious people”

A veteran Conservative is calling on his government to clamp down on HMOs and ensure there is better council regulation and...

05 April 2023

From: Breaking News

Charity claims new eviction powers will punish the homeless

A charity is claiming that new powers to evict anti-social private tenants could lead to more homelessness, while those already living...

28 March 2023

From: Breaking News

New eviction powers to get rid of anti social tenants

Landlords and agents acting on their behalf are to be given more powers to evict unruly tenants who ruin neighbours’ lives...

27 March 2023

From: Breaking News

HMO clampdown spun as ‘preserving character of communities’

A clampdown on HMOs is to begin this week - and the council behind it is describing it as ‘preserving the...

21 March 2023

From: Breaking News

Judge rejects claim that ‘property guardians’ stopped house being HMO

A property firm has been fined £8,000 for operating an HMO on one of Britain’s most famous roads. Westminster council has won...

08 February 2023

From: Breaking News

Second huge fine for lettings firm’s HMO non-compliance

A lettings company called Trophy Homes Limited, based in Liverpool, has pleaded guilty to failing to apply for an HMO licence...

06 February 2023

From: Breaking News

HMO numbers falling despite need for more rental properties

England’s HMO market is shrinking despite a widespread need for more affordable rental accommodation. In 2019/20, there were an estimated 510,776 HMOs...

03 February 2023

From: Breaking News

Award for agent who doubled fees and expanded his business

The founder of a Barnsley based lettings and property management company is celebrating transforming his business - and winning an award...

30 December 2022

From: Breaking News

Leading agent writes to Gove with ‘lay off the rental sector’ message

A prominent letting agent has written an open letter to Housing Secretary Michael Gove, calling for a halt on government attacks...

19 December 2022

From: Breaking News

Controversial city HMO licensing scheme to go ahead

A new licensing scheme for HMOs, agreed by leaders of Portsmouth council, will be implemented from September 1 2023. Licensing of HMOs...

30 November 2022

From: Breaking News

HMO Council Tax Reform - government pledge to consider change

The government has made a general commitment to work with those who want council tax reforms for Homes in Multiple Occupation. Earlier...

25 November 2022

From: Breaking News

Call for industry to lobby MPs over HMO council tax

A lettings network is urging landlords to back a campaign to abolish council tax re-banding for shared houses. Platinum Property Partners says...

23 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

Clampdown on HMOs continues as another council takes action

A consultation period has started on another council’s set of proposals to clampdown on HMOs. Blackburn with Darwen council wants to impose...

08 September 2022

From: Breaking News

Warning to government - reform agenda is WRONG for HMOs!

A network of professional landlords is warning the government that its reform agenda for the private rental sector is plain wrong...

30 August 2022

From: Breaking News

Agency offers bespoke investment property-sourcing service

Newcastle-based agency Walton Robinson is offering a buy to let property sourcing service.  This year, the agency claims it’s secured rental increases...

24 August 2022

From: Breaking News

Tenants demand better quality and bigger HMOs, survey shows

Tenants are demanding better quality HMOs according to new research from specialist buy to let lender Paragon Bank. The bank’s survey of...

18 August 2022

From: Breaking News

HMOs to be restricted in move by city council

New plans to help control the numbers of residential properties turned into HMOs in parts of Coventry are moving a step...

18 August 2022

From: Breaking News

Smoke and carbon monoxide alarm changes start in seven weeks time

Yet another revision to the Smoke and Carbon Monoxide Alarm (England) Regulations takes effect from October 1 - that’s just under...

15 August 2022

From: Breaking News

HMO PropTech platform claims fast growth amongst agents

A PropTech platform that boasts 200 letting agents and landlords amongst its current clientele has won over £500,000 in additional funding...

10 August 2022

From: Breaking News

Periodic Tenancies - new data shows threat to private renting

HMOs rented by students can be up to £30 a week cheaper than purpose built student accommodation in halls of residence. That’s...

04 August 2022

From: Breaking News

Amend Tenant Fees Act before pets allowed - demand to government

New details from a survey conducted by industry organisations concerning pets in rental properties show the extent of the problem. Some 537...

06 July 2022

From: Breaking News

Huge expansion of HMO licensing proposed by city council

Birmingham’s Labour-controlled council is launching a consultation on a vast expansion to its existing HMO Additional Licensing scheme. The proposal is for...

04 July 2022

From: Breaking News

Agents advised to check out new licensing scheme

Agents with landlord clients who let properties in Central West Bromwich are being reminded to check if they should apply for...

20 June 2022

From: Breaking News

Drastic fall in HMO numbers as government regulations bite

The number of HMOs in England has fallen as a result of government intervention in the market. In 2018 new regulations were...

13 May 2022

From: Breaking News

Government says city’s entire private rental sector must have licensing

All private rented homes in Oxford will need a licence from this September, following a green light from the government. Some 49.3...

28 April 2022

From: Breaking News

HMOs can beat capital appreciation of same size houses - claim

The average HMO is worth a third more than a comparably sized house according to new research. The typical HMO now costs...

08 April 2022

From: Breaking News

Minister warns letting agents over higher energy charges

Agents and landlords are being warned by a government minister not to charge all-inclusive HMO tenants more than necessary in a...

05 April 2022

From: Breaking News

Licensing Momentum Grows - two London boroughs consulting

Two more London boroughs are consulting about licensing schemes which will require landlords or their agents to pay hundreds of pounds...

31 March 2022

From: Breaking News

Lettings licensing success justifies new five year extension - claim

Another council is to conduct a consultation process to expand selective and additional licensing schemes for the next five years. Under existing...

28 March 2022

From: Breaking News

Criminal record checks may be introduced as part of HMO rules

A council says it’s considering introducing criminal record checks on individuals who apply to run HMOs as part of a wide-ranging...

24 March 2022

From: Breaking News

Agent fails to secure renewal of landlord’s licence in controversial case

An agent’s plea to councillors to renew the HMO license for a landlord client fell on deaf ears in a controversial...

21 March 2022

From: Breaking News

Another council has started consultations about stiffer controls on HMOs

Walsall council is proposing additional licensing to improve conditions and management of HMOs in five wards where there are high numbers...

10 March 2022

From: Breaking News

HMOs - another council ponders Article 4 Direction to limit numbers

Another council is considering dramatic moves to limit the numbers of houses in multiple occupation. A public consultation is being planned this...

15 February 2022

From: Breaking News

Agents back bid to become ‘Airbnb of HMO house shares’

A new property management platform seeking support form letting agents claims to be the ‘Airbnb for shared living’. Vann Vogstad, the entrepreneur...

07 February 2022

From: Breaking News

HMO Management - new trade group aims to boost sector image

A new trade body is being set up which describes itself as a national network of property managers, specialising in the...

31 January 2022

From: Breaking News

Lettings Favourite - which property is landlords’ most popular?

Semi-detached houses have overtaken terraced homes as the preferred property type landlords plan to buy, reflecting growing tenant demand for larger...

28 January 2022

From: Breaking News

Student renting made easier, claims rental guarantor service

Rental guarantor service Housing Hand has announced a new partnership with student accommodation provider Kexgill. The firms claim the arrangement will challenge...

29 December 2021

From: Breaking News

Named and shamed - landlords told ‘check this agency before using’

Bristol-based lettings management company Iletpro Ltd has been ordered to pay a total of £2,700.06 in fines and costs for failing...

09 December 2021

From: Breaking News

Student rental demand soaring compared to last year, says agency

A north of England lettings agency is claiming an all-time record for enquiries relating to student accommodation - and the biggest...

11 November 2021

From: Breaking News

Ex-Reapit guru aims to make HMO sector more appealing to agents

Ex-Reapit and ex-Countrywide tech guru Gary Barker has joined co-living HMO platform COHO as a non-executive director - just weeks after...

25 October 2021

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

Agency warns council that new HMO licensing will backfire

A lettings agency says a new HMO licensing regime in one of London’s highest profile boroughs will reduce the number of rental properties. This...

15 October 2021

From: Breaking News

Agency cleared of part in ‘Ghost Tenants’ lettings scandal

A London lettings agency - that has now entered bankruptcy - has been cleared of any involvement in a rental scandal...

04 October 2021

From: Breaking News

It’s Started - UK’s largest ever HMO licensing scheme

The UK’s largest ever additional licensing scheme for HMOs has come into effect over the long weekend.  Westminster council’s scheme will focus...

31 August 2021

From: Breaking News

The legal updates which impacted letting agents the most in 2021

How up to date is your knowledge on notice periods, pets in rentals, electrical safety inspections and lodgers? This year we’ve...

18 August 2021

From: Sponsored Content

Huge new licensing scheme will focus on 9,000 properties

One of the largest new additional licensing schemes for HMOs anywhere in the country is set to come into force in...

17 August 2021

From: Breaking News

Specialist investment agency opens sixth branch with more to come

Mistoria is opening its sixth office in the north west of England. The new branch in Cheadle follows Mistoria’s existing outlets in...

08 June 2021

From: Breaking News

Council offers free online training for letting agents

A council is offering free training to letting agents, via online courses starting next Monday. Dorset council says it wants to work...

01 June 2021

From: Breaking News

HMOs likely to grow in number and importance in the future

A leading banking and wealth management company says a growth area for the rental sector in the years to come will...

12 May 2021

From: Breaking News

Festival lets and more HMOs on the agenda for city agency

A Scottish agency has strengthened its specialism in managing HMOs with the acquisition of a lettings book of 90 more units. Braemore Sales...

22 April 2021

From: Breaking News

Fire leads to five figure fine for property company

A property company and its director will have to shell out £10,000 after a blaze left six tenants homeless in the...

20 April 2021

From: Breaking News

'Posh’ London borough where 44% of homes are privately rented

One of the London boroughs synonymous with wealth has revealed that 44 per cent of its housing stock is now actually...

01 April 2021

From: Breaking News

Tough new fire regulations for HMOs and multi-tenancy buildings

Landlords and managing agents of HMOs could face unlimited fines following new measures being brought in to strengthen fire safety, the...

18 March 2021

From: Breaking News

London council says licensing regimes ‘make renting fairer’

A London council describes two new licensing schemes as ‘making renting fairer’ - even though they are launched during the pandemic. Islington’s Labour...

17 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

London council wants to double the size of HMO licensing regime

Lambeth council is consulting agents, landlords and others on its latest licensing proposals for Houses in Multiple Occupation. The new proposals would...

19 January 2021

From: Breaking News

Fifth of city’s private rental homes have serious problems - claim

A council claims that as many as a fifth of all the private rental sector homes in its area have a...

07 January 2021

From: Breaking News

New PropTech platform aims to help HMO property management

A new HMO and co-living property management platform launches today, aimed at optimising tenancy occupancy.  The service - called COHO - claims...

07 January 2021

From: Breaking News

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