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KEYWORD "ICU" - 100 RESULTS
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

Regulation of Property Agents - government slammed by Lords

The government’s failure to act on the Regulation of Property Agents (RoPA) working party - chaired by Lord Richard Best and...

22 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

Trading Standards tells agents - Material Information is key so get on with it!

A representative of the National Trading Standards Estate and Letting Agents team has told agents to accept new rules about material...

11 April 2024

From: Breaking News

Lomond acquires another regional agency

Lomond - a firm that now calls itself “one of the UK’s largest acquirers of estate and letting agency businesses” -...

11 April 2024

From: Breaking News

Agency warns on landlords’ and tenants’ differing rent expectations

Prime London rental values ticked up 0.3% over the first three months of 2024, according to Savills, as the market continues...

04 April 2024

From: Breaking News

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

Industry boss slams government for ‘grandstanding’ on rent issues

HomeLet and Let Alliance’s chief executive Andy Halstead has called for less “government grandstanding” and more direct action to recognise the...

03 April 2024

From: Breaking News

Agents Furious at Permanent Rent Controls proposed by politicians

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

OnTheMarket hits record high advertising totals

OnTheMarket continues on its path to try to become the number one property portal, with a boast that it has a...

25 March 2024

From: Breaking News

Get On With It! - agents say Bank should cut rates now

Propertymark is telling the Bank of England that now is the perfect time to cut base rate and trigger wider interest...

21 March 2024

From: Breaking News

Government figures show another sharp rent rise

Average UK private rents increased by 9.0% in the 12 months to February 2024 according to the Office for National Statistics. This...

21 March 2024

From: Breaking News

Phil Spencer asks: Should Agents Manage Short Let Properties?

It’s not easy for anyone - even professionals like lettings and estate agents - to keep up with the blizzard of...

19 March 2024

From: Breaking News

New owner for pair of franchised Lettings offices

Two of Martin & Co’s Oxfordshire branches are under new ownership. David Rebe has taken on the Oxford and Thame branches from...

19 March 2024

From: Breaking News

Big customer satisfaction win follows agency’s eight year campaign

Knight Frank’s residential operation has won the ‘Best Customer Satisfaction Strategy Award’ at the UK Customer Satisfaction Awards 2024. The agency says its...

18 March 2024

From: Breaking News

Rents Still Rising in most areas of UK

Asking rents continue to show pos­itive annualised growth in all regions except Greater London and Scotland.  That’s according to respected property website...

14 March 2024

From: Breaking News

Right To Buy cash ‘stolen’ by government will worsen rental crisis

An umbrella group called London Councils has expressed “extreme concern” at the government’s decision to stop letting local authorities keep money...

13 March 2024

From: Breaking News

Powers to evict anti-social tenants set to be beefed up

Propertymark has welcomed proposed reforms to evict tenants who show persistent anti-social behaviour.   In 2018, a Northern Ireland Department of Justice consultation...

12 March 2024

From: Breaking News

Propertymark rejects politician’s criticism of agency qualifications

Propertymark’s training arm, Propertymark Qualifications, says there’s been a strong uptake across the board with the first of its candidates passing...

11 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

Build To Rent set to suffer from Hunt’s stamp duty changes

Chancellor Jeremy Hunt’s Budget is set to hit Build To Rent. The British Property Foundation is reacting to news that Multiple dwellings...

08 March 2024

From: Breaking News

National Insurance cut offers chance to identify tenancy fraud

Tenant reference and tech supplier The Lettings Hub claims 25 per cent of fraudulent documents submitted by would-be tenants were identified...

08 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

Business Rates - Agency warns Hunt he has last chance to get them right

The Chancellor has one last chance to come good on the election promise of lowering the burden of business rates –...

06 March 2024

From: Breaking News

Rental Sector Tax Grab - leading agency boss speaks out

A figure in one of the country’s highest profile lettings companies has hit out at a government proposal to penalise the...

05 March 2024

From: Breaking News

Renters Reform Bill should include regulating letting agents, says Propertymark

Propertymark will appear in front of the House of Lords’ Industry and Regulators Committee tomorrow morning, urging the regulation of lettings...

05 March 2024

From: Breaking News

Older Persons charity hits out over Renters Reform Bill rumours

A charity providing support for older people facing financial hardship has hit out at the government over rumours concerning the Renters...

05 March 2024

From: Breaking News

London still attracts rental investors despite 'disjointed' market

A prominent property expert who runs a buying and property management service for high end clients says London still attracts international...

01 March 2024

From: Breaking News

Labour has waded into the increasingly-fractious debate over the Renters Reform Bill. Activists in groups such as the Renters Reform Coalition and...

29 February 2024

From: Breaking News

Foxtons says Build To Rent has vast growth potential as tenants age

Foxtons says the Build To Rent sector has vast growth potential - and even now in its infancy it is enjoying...

27 February 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

Rental activist to tell lawmakers about regulating letting agents

A prominent rental activist is tomorrow going to tell a House of Lords committee about the need to regulate letting agents. Conor...

26 February 2024

From: Breaking News

HMRC rakes in hundreds of millions more in property-related tax

HM Treasury raked in £6.3 billion in inheritance tax receipts in the 10 months from April 2023 to January 2024 according...

23 February 2024

From: Breaking News

Tenants to face lower energy bills - announcement this week

Respected energy industry consultancy Cornwall Insight says the price cap for the April to June period this year - to be...

20 February 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

Major agency reinstates lettings division three years after sell-off

Major regional independent agency Dacre, Son & Hartley is expanding its offering by re-entering the residential lettings and property management market...

14 February 2024

From: Breaking News

Agents’ desperate plea to prevent exodus of student landlords

Propertymark has called on the UK Government to prevent a mass exodus of student landlords.   The news comes as a poll conducted...

14 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

Ministers warned not to backtrack on disability housing

According to the BBC, the Government is no longer committed to increase the amount disabled people in England can claim to...

09 February 2024

From: Breaking News

Rents nearing ‘affordability ceiling’ - but no new supply in sight

Rents are approaching an affordability ceiling according to Savills - but the agency admits it doesn’t see substantial new supply on...

08 February 2024

From: Breaking News

Government rules out council tax reform - no matter how unfair it is

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

Political uncertainty suggests ongoing landlord exodus, says Knight Frank

Prime London rental values fell closer to their longer-term average in January, as supply continued to increase - but worries about...

05 February 2024

From: Breaking News

Agent says rents set to fall as economy returns to near-normal

A buying agent claims that rents could finally be tailing off despite some indices showing rises still taking place. According to Rightmove,...

05 February 2024

From: Breaking News

Former Foxtons boss to give masterclass on agents’ higher fees

The former Foxtons managing director Peter Rollings is to give agent a masterclass in obtaining higher lettings and sales fees. Rollings will...

02 February 2024

From: Breaking News

Agents slam government for failing to win industry support for reform

The Renters Reform Bill cannot succeed without proper engagement with letting agents and landlords, Propertymark argues.    According to a Freedom of Information...

31 January 2024

From: Breaking News

Over-50 year old first time buyers show significant increase

There were 12,000 first time buyers over the age of 50 in the UK in 2022, the latest figures available. This means...

30 January 2024

From: Breaking News

Supply-Demand imbalance eases in prime areas - and rents stall

Savills says prime rental growth across London and the country has stalled for the first time in almost three years. In prime...

29 January 2024

From: Breaking News

Problem properties hit two thirds of renters, claim lettings group

Two thirds of private renters have experienced a problem with the quality or condition of their property in the past six...

26 January 2024

From: Breaking News

Growing agency group snaps up three regional agencies

Leaders Romans Group has acquired three major lettings, sales and surveying businesses operating multiple branches across London, Surrey, Oxfordshire and Gloucestershire. The...

23 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

Sadiq Khan’s rent controls dismissed as “well-meaning but naive”

Rents across the UK continue to retreat from their 2023 highs, falling by 2.9 per cent over the last three months,...

16 January 2024

From: Breaking News

Top agent slams latest rent control move as costly and complex

New rent control proposals put forward by politicians are unnecessary and too costly according to a leading property expert.  David Alexander -...

12 January 2024

From: Breaking News

Warning over rechargeable device fires in rental properties

Insurance giant Aviva is urging consumers to be on their guard after seeing a seven per cent increase in customer claims...

11 January 2024

From: Breaking News

Savills reveals new lettings chief in prime commuter hotspot

High end lettings agency Savills has appointed a new head of residential lettings for its offices in Beaconsfield and Amersham. Daniel Spratley...

10 January 2024

From: Breaking News

Neil Cobbold, Managing Director at PayProp UK

Who are you and what does it say on your business card? Neil Cobbold, Managing Director What is PayProp and what does it...

08 January 2024

From: 60 Second Interview

Propertymark sits on the fence over first time buyer controversy

Propertymark has stepped into the row over a bank chief’s comments on first time buyers. Sir Howard Davies, chairman of NatWest, responded...

08 January 2024

From: Breaking News

Savills reveals which buy to let region it tips for best returns

Residential buy to let in the North West of England, London industrial property and retail warehouses are set to be the...

04 January 2024

From: Breaking News

Insurance Register must be free to use to help rental sector - ARLA

ARLA Propertymark has responded to the Scottish Parliament’s examination of the Housing (Cladding Remediation) (Scotland) Bill, calling for clarity on contributions...

29 December 2023

From: Breaking News

Mortgage Lenders set out buy to let forecasts for 2024/2025

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

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

Foreign ownership property registration scheme hailed a success

A register launched to shed light on overseas property ownership in the UK now has over 30,000 registrations.  The Register of Overseas...

27 December 2023

From: Breaking News

Recent rise in buy to let landlords quitting, confirms Bank of England

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

Regulate Agents in 2024 - Propertymark explains why it’s needed

Agents’ trade body Propertymark says the current debate on the Leasehold and Freehold Reform Bill is another example of how agent...

22 December 2023

From: Breaking News

Timetables demanded for smoke alarm and electrical safety changes

Propertymark has responded to two consultations on the proposals to introduce electrical safety standards and smoke and carbon monoxide alarms in...

22 December 2023

From: Breaking News

Agents demand radical legal reform and a new Housing Court

Propertymark has listed a string of legal reforms it wants as part of the government’s modernisation of the court process -...

21 December 2023

From: Breaking News

This week’s inflation news may determine a New Year interest rate cut

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

Surveyors warn: Landlords can’t keep their heads above water

Private landlords are abandoning their property portfolios in unprecedented numbers, a group of surveyors claims. The Manchester-based chartered surveyors and auctioneers -...

14 December 2023

From: Breaking News

Prime lettings market now near normal says Knight Frank

There were 3.7 new prospective tenants for every rental property listed in prime London postcodes last month says Knight Frank. The figure,...

14 December 2023

From: Breaking News

Rural tenants hit hardest by rent rises caused by stock shortage

Private sector tenants in rural areas are facing the brunt of growing rents, according to new research. Whilst some measures suggest tenants...

14 December 2023

From: Breaking News

Shocking rent rises now a thing of the past says Zoopla

The scale of rent rises has peaked with future increases likely to be smaller, says Zoopla. The portal’s latest report into the...

13 December 2023

From: Breaking News

Local Housing Allowance - call for even more help for low-income renters

Low-income renters will get a boost next spring - but a pressure group wants more government help for this sector. The Chancellor’s...

12 December 2023

From: Breaking News

More tenants now shop around, says high profile agent

A prominent London buying agent and property consultant says the slowly improving supply of rental property means more tenants are now...

11 December 2023

From: Breaking News

Councils enforcing rental licensing are on brink of bankruptcy

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

Energy Efficiency - owners all at sea over where to start

Almost two in five UK owners - landlords and homeowners - now consider improving the energy efficiency of their property an...

08 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

How investing in a CRM is the best way to NTS compliance

I think we can all agree that the National Trading Standards Material Information reforms are a good thing for the property...

06 December 2023

From: Sponsored Content

Agency reveals Management Buy Out and names leadership team

The partners of high end agency and property consultancy Cluttons have announced the completion of a management buyout.  James Gray continues as...

06 December 2023

From: Breaking News

OnTheMarket investor critic’s last-ditch bid to scupper deal

Long-standing activist investor Brett Stone has made a last-ditch bid to scupper a proposed takeover of OnTheMarket by US firm CoStar. CoStar...

04 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

Agent says second home clampdown is no answer to long-term shortage

The long-term shortage of rental accommodation is now addressed by a short-term clampdown on second homes and empty properties, a leading...

30 November 2023

From: Breaking News

Super-Rich rent as they baulk at high Stamp Duty purchase costs

More multi-millionaires and billionaires are choosing to rent super-prime homes in London, rather than purchase, reveals a new wealth report Beauchamp Estates’...

29 November 2023

From: Breaking News

Build To Rent problems highlighted in latest report

A new report suggests London’s Build To Rent sector is being held back by a “stark inconsistency” from local councils in...

15 November 2023

From: Breaking News

Renters Reform Bill - MPs to hear agents’ worries today

A senior Propertymark official will today tell MPs of the industry’s concerns about the Renters Reform Bill. The Bill has reached the...

14 November 2023

From: Breaking News

Agents demand ground rent reform progress while consultation goes on

Propertymark wants Housing Secretary Michael Gove to continue with ground rent reforms for leaseholders following the launch of a consultation into this...

14 November 2023

From: Breaking News

Interest Rate optimism fuelled by surprise improvement in inflation

There’s growing optimism that tomorrow’s Bank of England monetary policy committee meeting will see base rate held for another month -...

01 November 2023

From: Breaking News

Renters Reform Bill - lettings firm breaks ranks with industry

A lettings and property management platform has broken ranks with much of the industry over the Renters Reform Bill.  While most agents...

26 October 2023

From: Breaking News

First-ever Women in Estate Agency Award at ESTAS

Five outstanding women were honoured at the first ESTAS Women in Estate Agency award, parts of the ESTAS. The five were Wendy...

25 October 2023

From: Breaking News

Radical EPC rating B target demanded by business consortium

A business consortium is calling for bold measures to encourage landlords and owner occupiers to retrofit their homes, with the introduction...

24 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

Surprise as council praises local agents for ‘giving back’

Councils have become increasingly hostile towards agents in recent times, with increased regulation and licensing of the private rental sector in...

23 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

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

Louis Musgrove - Group Managing Director at Southernbrook Lettings

Who are you and what does it say on your business card? Louis Musgrove – Group Managing Director   What is Southernbrook Lettings and...

12 October 2023

From: 60 Second Interview

Millions invested in education project for agents and tenants

Five councils are delivering what they call “a ground-breaking project” aimed at improving the experience and environment for landlords and tenants...

11 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

Where Rents Have Risen 41% in Five Years

Tenants in Bristol are paying 41 per cent more for a rental property than they did just five years ago, it...

05 October 2023

From: Breaking News

Huge scale of rental sector reliance on mortgages revealed

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

RICS tells Tories - do more to improve supply of rental properties

The Royal Institution of Chartered Surveyors is launching its manifesto at this week’s Tory party conference - and improving the supply...

02 October 2023

From: Breaking News

Young tenants delay life-changing decisions while renting

Young couples are delaying marriage and starting families until they get out of the rental sector, research by Yorkshire Building Society...

29 September 2023

From: Breaking News

“Heavy Handed Banks” slammed for pooled client account crisis

Propertymark has responded to an HM Treasury consultation on anti-money laundering processes - and in doing so it’s slammed “heavy handed...

28 September 2023

From: Breaking News

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