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KEYWORD "Lettings" - 1002 RESULTS
Huge concern over buy to let mortgage market contracting

There’s growing concern across the lettings sector about the buy to let mortgage market seeing lenders pull product ranges, tighten lending...

27 March 2020

From: Breaking News

Robust systems vital to manage rent and mortgage holidays - claim

A leading Proptech expert says agents must have robust payment systems to cope with the unusual pressure of tracking mortgage and...

27 March 2020

From: Breaking News

Help for self employed agents and new lettings info: Conquering Corona

Hello and welcome to the latest Conquering Corona - our guide for agents to get through these challenging times. Please let us...

27 March 2020

From: Breaking News

Reminder to agents - new MEES rules come into effect next week

Despite the challenges being thrown up to the lettings sector by Coronavirus, this is a reminder that new MEES regulations on...

27 March 2020

From: Breaking News

Anti-agent activists defy lockdown and vandalise branch office

Two lettings agencies have been vandalised by activists who defied the Coronavirus lockdown to damage property. Local media reports in Cheltenham say...

26 March 2020

From: Breaking News

More guidance and advice to the agency industry - Conquering Corona

We'd hoped it was good news but in fact it's just good-news-yet-to-come. The Savills office in Wuhan, the epicentre of the Coronavirus crisis in...

26 March 2020

From: Breaking News

Lettings agency offers staff and cars to help NHS tenants and landlords

A lettings agency in central London is setting an example to the industry by offering help to its landlords and tenants...

25 March 2020

From: Breaking News

Shares in top lettings agency plummet 50% in one month

Although the worst of the stock market bloodletting triggered by Coronavirus now appears to have gone, franchise agency group Belvoir has...

24 March 2020

From: Breaking News

Conquering Corona: new info, guidance, links for agents facing the virus

Hello: so much has happened since the last Conquering Corona column on Friday. Before we get on with it, a reminder...

23 March 2020

From: Breaking News

Delay all new licensing schemes for six months, urges industry body

Not-for-profit accreditation service safeagent says the government should ensure councils delay the introduction of all new private rental sector licensing schemes...

20 March 2020

From: Breaking News

Corona legal Q&A, market tracker and how one agency is handling it…

Hello - here we are with Friday’s help and advice.  A reminder, if you need it, that we want to share your...

20 March 2020

From: Breaking News

Conquering Corona: new webinars, contingency plans, trade groups info

Hello and here’s the next batch of guidance and advice from different sectors of the industry, many from influential trade groups. It’s...

19 March 2020

From: Breaking News

Franchise giant Winkworth snaps another independent

Franchise giant Winkworth has expanded its presence in Reading with the acquisition of a local independent lettings agency. It’s snapped up AMPM,...

19 March 2020

From: Breaking News

New advice on staff rights, home working, security - Conquering Corona

Good morning and welcome to the industry’s daily update on how we cope with the challenge of social distancing and self-isolation...

18 March 2020

From: Breaking News

Pressure building to help private tenants hit by Coronavirus

One of the lettings sector’s leading trade bodies has called on the government and lenders to agree a package of measures...

17 March 2020

From: Breaking News

Lettings agency in court as new ‘rogues taskforce’ swings into action

A lettings agency and its director have pleaded guilty to renting out an overcrowded house in the first case brought to...

17 March 2020

From: Breaking News

Severe stock shortage strengthens rental market ahead of virus

A lettings market snapshot conducted before the worst effects of the Coronavirus were known suggests the rental market is relatively strong...

17 March 2020

From: Breaking News

Does paying 50% of salary in rent really make an area affordable?

A PropTech platform claims that an area where the average rent is 50 per cent of less of an average salary...

16 March 2020

From: Breaking News

Double top! Leaders Romans Group’s second acquisition in a few days

Leaders Romans Group has made another acquisition of a multi-office independent agency. It’s snapped up six-branch Outlook Property, which has offices across...

13 March 2020

From: Breaking News

Tenant Engagement

There is no doubt that the BBC News article in early February caused something of a stir within the Deposit Free...

12 March 2020

From: Sponsored Content

Budget “fails tenants” say trade groups - but at least no new rental taxes…

The Budget has failed tenants by doing nothing to increase the supply of private rental property according to two lettings sector...

12 March 2020

From: Breaking News

Agency buys £2.6m of student properties on behalf of investors

A lettings agent has completed a £2.6million property acquisition plan in one city on behalf of investors, and will go on...

11 March 2020

From: Breaking News

Not so grand - average rent still under the £1,000 threshold

The latest lettings market snapshot by HomeLet shows that average rents across the UK are still not breaking through the £1,000...

11 March 2020

From: Breaking News

Another independent agency snapped up by franchise giant

The Bournemouth branch of Martin & Co has acquired a local independent agent. Bullock & Lees, a local south coast firm, has...

11 March 2020

From: Breaking News

Leaders Romans Group snaps up another independent chain

Leaders `Romans Group has snapped up the scottfraser lettings and sales business.  scottfraser has four Oxford offices and a fifth in Witney,...

10 March 2020

From: Breaking News

Lettings chief to set out objectives of new rental sector body

The chief executive of a new lettings sector trade body is to address his first conference next month, giving an indication...

09 March 2020

From: Breaking News

Coronavirus: trade group tries to reassure agents

The Association of Independent Inventory Clerks has issued guidance to members about how to reassure its lettings agent and landlord clients...

09 March 2020

From: Breaking News

Controversial council uses Foxtons-style ‘big data’ to police lettings

The controversial Liverpool council licensing scheme is to be policed through the use of what the authority calls “cutting-edge big data...

06 March 2020

From: Breaking News

Voids and rent steady as lettings market stabilises

It’s steady-as-she-goes in the rental market according to the latest market snapshot produced by PropTech firm Goodlord.  Void periods dropped slightly in...

06 March 2020

From: Breaking News

Agents warned by Ombudsman: Don’t discriminate on DSS claimants

The Property Ombudsman is warning agents not to discriminate against tenants through a No DSS or any similar policy. Following the legal...

05 March 2020

From: Breaking News

Rogue agent fined £12,000 after falsely claiming NALS membership

The safeagent accreditation business says it has helped secure the conviction of a rogue lettings agent who falsely claimed membership of...

05 March 2020

From: Breaking News

Foxtons in £2.2m deal to buy independent agency

Foxtons has snapped up a lettings agency in suburban London. It’s bought London Stone Properties Limited and its subsidiary company London Stone...

03 March 2020

From: Breaking News

Big surge in sealed bids for Central London rental properties

Growing demand and a shrinking supply of rental properties in prime central London has led to a 50 per cent surge...

02 March 2020

From: Breaking News

Referral Fee clampdown confirmed for lettings agents too

The clampdown on referral fees, until now concentrated on the sales sector, will extend to letting agents too. James Munro, head of...

28 February 2020

From: Breaking News

Lettings sector optimism on the rise, despite string of obstacles

Optimism amongst investors in the private rental sector is on the rise, despite the various tax and regulation obstacles facing the...

27 February 2020

From: Breaking News

Demand from prospective tenants at an all-time high, say agents

Demand for rental properties in January increased to the highest level on record with 88 prospective tenants registered per lettings agency...

26 February 2020

From: Breaking News

Big rise in lettings activity for Arun group

Arun - which has the brands of Douglas Allen in East London and Essex, Ward & Partners in Kent, Cubitt &...

26 February 2020

From: Breaking News

Porsche-driving agent crook repays just £43,000 of missing £241,000

A jailed letting agent in a long-running legal saga has now been told she must repay her victims some £43,000 -...

25 February 2020

From: Breaking News

Top London agency expanding with ‘free six months’ to landlords

London agency Draker Lettings is expanding its patch - and offering landlords a free service for six months. Draker, which is 10...

25 February 2020

From: Breaking News

Too many Airbnb short lets? Blame government, says trade body

The government is driving landlords into the short let sector according to a trade body. The Residential Landlords Association, responding to recent...

24 February 2020

From: Breaking News

Public cash handouts to Shelter slammed by pressure group

Shelter, which routinely criticises lettings agents and landlords, has been slammed for the huge amount of public funding it receives -...

24 February 2020

From: Breaking News

Rogue agent confronted over £23,000 stolen to fund gambling habit

A lettings agent who stole over £23,000 from tenants to pay for his gambling habit and pay off debt has escaped...

24 February 2020

From: Breaking News

Five agents kicked out of Ombudsman scheme after disputes

The Property Ombudsman has expelled five agencies, mostly for failures to honour awards: four of them are lettings operations and one...

21 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

Revealed: the optimum property type for the best buy to let yield

Two bedroom properties produce the best yields for buy to let investors according to the latest research. Lettings management platform Howsy has...

21 February 2020

From: Breaking News

Jed Topping, Business Development Executive for Virgin Media

Who are you? Jed Topping, Business Development Executive for Virgin Media How can sales and letting agents work with Virgin Media to earn extra revenue? By...

20 February 2020

From: 60 Second Interview

New warning about imminent buy to let tax clampdown

There’s a new warning today for buy to let investors who will be hit by tax changes coming into effect on...

20 February 2020

From: Breaking News

“Inefficient” High Street agencies accused of making voids longer

An online lettings agency has accused High Street rivals of being “inefficient” and making voids longer than necessary.  Home Made, which operates...

20 February 2020

From: Breaking News

Double Trouble as crooks smash offices and steal computers - twice

A Sheffield agency has suffered two break-ins over just four days, with computers stolen and offices damaged. MorfittSmith’s sales office was the...

20 February 2020

From: Breaking News

Revealed: the top priorities for tenants in 2020

A survey by lettings agency Carter Jonas has revealed what the firm calls the top priorities for tenants as the 2020s...

19 February 2020

From: Breaking News

'Stay as long as you want' tenancies for key workers and graduates

One of the country’s largest Build To Rent developers says it is specifically targeting certain tenant types for one of its...

19 February 2020

From: Breaking News

Stand by for rent rises in 2020, says leading franchise agency

Almost three quarters of Belvoir’s lettings franchisees anticipate rent increases this year.  In a survey of the franchise firm’s offices across the...

18 February 2020

From: Breaking News

Five-branch firm is latest customer for online agency platform

A five branch lettings and sales firm is the latest agency to sign up to love2move, a PropTech platform that allows...

17 February 2020

From: Breaking News

More independent agencies snapped up by regional giant

The Yorkshire agency Linley & Simpson has revealed more acquisitions of independent agencies as it tightens its grip on the regional...

14 February 2020

From: Breaking News

Rivalry between agents is key feature of enhanced PropTech platform

The PropTech platform Movebubble has upgraded its features to increase rivalry between lettings agents and thus enhance the renting experience for...

14 February 2020

From: Breaking News

Coronavirus guidance for lettings sector issued by trade body

The National Landlords Association has issued advice for the lettings sector on the coronavirus infection. Although much of the advice is a...

13 February 2020

From: Breaking News

Zoopla now leading portal for lettings in London, it claims

Zoopla says it’s now in what it calls “a clear, market-leading position” in terms of rental properties in the capital. In a...

13 February 2020

From: Breaking News

Portal, agencies and directors hit with £100,000 penalty over unsafe flat

A room-finding portal, along with the owners of a London lettings agency and management firm, must pay over £100,000 for letting...

12 February 2020

From: Breaking News

Most of UK sees rent rises of 2% to 5% in past year

The latest lettings market snapshot provided by HomeLet shows that the average rent across the UK as a whole is now...

12 February 2020

From: Breaking News

More letting agents want to sell-up, says PropTech report

A survey by PropTech firm Goodlord suggests a growing number of agents want to sell up. Goodlord surveyed 200 agencies for its...

11 February 2020

From: Breaking News

Older renters likely to transform lettings landscape, says report

A government report suggests the private rental sector is attracting an increasing number of older tenants - and the sector needs...

11 February 2020

From: Breaking News

Agent censured as council audits other firms over rental deposits

A former letting agent has been censured over the handling of tenancy deposits following an investigation by a local council. Andrew Rhys...

10 February 2020

From: Breaking News

Build To Rent giant reveals four new developments for 2020

Grainger, one of the biggest names in Build To Rent in the UK, says its current BTR pipeline stands at 24...

07 February 2020

From: Breaking News

Catherine Shinerock - ARO Account Manager

Who are you and what does it say on your business card? Catherine Shinerock - ARO Account Manager What is your ‘company name’...

06 February 2020

From: 60 Second Interview

Short lets like Airbnb out of control and activists want crackdown

Generation Rent - an outspoken organisation sharply critical of lettings agents and many aspects of the private rental sector - is...

06 February 2020

From: Breaking News

Agency claims it’s winning landlords from “lax” rivals

A lettings agency in one of the most competitive markets in Britain says it’s enjoyed a record year winning landlords from...

05 February 2020

From: Breaking News

London’s lettings market mixed, according to high end agency

Knight Frank has released its latest rental market summary for London, and it paints a mixed picture. Firstly the number of properties...

04 February 2020

From: Breaking News

PropTech lettings supplier wins Gold Trusted Service Award

Lettings payment automation provider PayProp has won a Gold Trusted Service Award from online reviews platform Feefo. The PropTech firm was deemed...

03 February 2020

From: Breaking News

Shock as 500,000 rental homes lost to Airbnb and others

Nearly half a million properties could be removed from the long-term lettings market as disenchanted landlords move to short-lets. A survey by...

31 January 2020

From: Breaking News

Asking rents hit new record according to latest Rightmove figures

London’s asking rents hit a new record average of £2,119 per calendar month as the ongoing shortage of property for tenants...

31 January 2020

From: Breaking News

Prime London lettings market back in the black says Savills

The prime London lettings market has returned to growth after three years of falling rents, according to new five-year forecasts from...

31 January 2020

From: Breaking News

Steve Rad, Managing Director at InventoryBase

Who are you and what is your role within the company? Steve Rad, Managing Director What is ‘company name’ and what does it...

30 January 2020

From: 60 Second Interview

Clampdown on lettings agents triggered by MPs’ own experiences - claim

A prominent member of the House of Lords has given a surprising insight into how the fiscal and regulatory clampdown on...

30 January 2020

From: Breaking News

UK’s largest independent agent strikes PropTech partnership deal

Haart has announced a strategic partnership with software platform teclet which will now be adopted in all lettings offices in the...

30 January 2020

From: Breaking News

Lettings agency speaks out against long-term empty homes

A lettings agency is calling on local councils to tackle the growing problem of long-term empty homes. My Property Box says that...

30 January 2020

From: Breaking News

‘We beat the fees ban’ - franchisees see revenue growth

The Property Franchise Group, which has a string of major agency brands, has reported a strong performance in 2019 despite the...

29 January 2020

From: Breaking News

Surge in fake inventories in the past year, claims lettings body

There was a surge in the number of fake lettings inventories submitted last year, allowing tenants to be conned out of...

28 January 2020

From: Breaking News

Rogue agent caught out on under-sized and unlicensed properties

A London council has caught out a rogue lettings agency for illegally operating two properties, with issues ranging from gas safety...

27 January 2020

From: Breaking News

Brexit doubts means tenants get lavish extras says trade group

A lettings sector trade group says lavish additional services are being offered by landlords who are nervous that Brexit will lead...

27 January 2020

From: Breaking News

Lettings supplier says it’s key to electrical safety compliance

Lettings PropTech platform teclet says its product is key for agents seeking to comply with new electrical safety regulations in a...

27 January 2020

From: Breaking News

HMOs increasingly popular in lettings market despite complexity

The latest lettings market snapshot by mortgage lender Paragon has found that of the landlords planning to purchase property in the...

24 January 2020

From: Breaking News

One in five landlords to invest in buy to let on 2020 - claim

A mortgage firm claims some 22 per cent of existing lettings sector investors plan to buy at least another one lettings...

24 January 2020

From: Breaking News

 Defunct online lettings agency had three possible buyers before closure

It’s been revealed that Upad, the lettings agency which closed at short notice in October last year, had three prospective buyers...

23 January 2020

From: Breaking News

Short lets supporters push back against possible restrictions

The new body representing short let digital platforms like Airbnb and the large number of associated companies that have sprung up...

23 January 2020

From: Breaking News

Short lets firm that had advertisement banned changes its name

A London company that has previously had an ad banned by the Advertising Standards Authority has announced a change of name. The...

23 January 2020

From: Breaking News

Another tax hike on its way for the lettings industry?

An accountancy trade body is warning of another possible tax hike to hit the lettings industry. The Association of Accounting Technicians is...

22 January 2020

From: Breaking News

New platform helps agency staff quit and set up own companies

A new lettings platform claims it can help existing agents and staff working for companies quit and fulfil their dream of...

22 January 2020

From: Breaking News

Big drop in homes on lettings market, reports Zoopla

New investment in private rented housing has fallen since 2016 as some private landlords have dipped out of the sector in...

22 January 2020

From: Breaking News

Veteran agent named as new ARLA Propertymark president-elect

ARLA Propertymark has named Angela Davey as president elect, following Richard Selwyn stepping down last year due to personal circumstances. Davey has...

22 January 2020

From: Breaking News

New acquisition means branch has become largest in national agency

The Gainsborough branch of Martin & Co has become the largest single office within the national agency thanks to a fifth...

22 January 2020

From: Breaking News

Agency reveals 30% rise in turnover after expanding into Build To Rent

Manchester lettings agency Ascend says it’s had a record year in 2019, bolstered by its new Build To Rent involvement. The company...

21 January 2020

From: Breaking News

safeagent announces new ‘qualified’ designation for agents

Accreditation body safeagent has announced a new designation for lettings and management agents who successfully pass its NCFE accredited courses. The designation...

21 January 2020

From: Breaking News

Tenant wins £18,000 in first-of-its-kind tribunal decision

A tenant is thought to be the first ever to have been awarded damages under new Scottish lettings legislation. Dambaru Baral was...

20 January 2020

From: Breaking News

Technology will be crucial to maintaining relationships for letting agents in the 2020s

Technology has completely transformed the lettings landscape over the past decade, but perhaps not in the way many expected it would. Letting...

17 January 2020

From: Sponsored Content

Brexit and tax are key worries for buy to let investors in 2020

A new survey suggests there may be an exodus of investors out of buy to let - some 27 per cent...

17 January 2020

From: Breaking News

Clampdown on short lets may lead to landlords selling rental units

A leading agency in a part of the UK where local government wants to clamp down on the spread of Airbnb...

17 January 2020

From: Breaking News

Anti-agent campaign group set to almost double in size

A campaign group that has held protests outside letting agents’ branches and has been fiercely critical of fees, says it’s seen a...

16 January 2020

From: Breaking News

Rent takes 75% of income in some areas, admits agency

A lettings agency admits that the proportion of net income required to cover rent has hit 75 per cent in some...

16 January 2020

From: Breaking News

Repossession court delays - lettings industry worries grow

London courts are failing to cope with the volume of landlord repossession cases according to a trade body. New figures show the...

16 January 2020

From: Breaking News

Student specialist lettings agency enjoys record business

Specialist letting agency and property management company Student Housing has had its busiest quarter, it says. The Lincoln-based agency added 30 new...

16 January 2020

From: Breaking News

Another New Rental Law: mandatory electric checks this year

It looks almost certain that agents and landlords must ensure electrical installation inspections and testing are carried out for all new...

15 January 2020

From: Breaking News

Disgraced agency boss disqualified over deposit scandal

A lettings management boss has been disqualified for six years after failing to safeguard over £68,000 worth of tenants’ deposits. Kelly Louise Forrester...

15 January 2020

From: Breaking News

Lettings book acquisition leads to new franchise branch opening

Martin & Co’s Ashford branch is opening a new office just outside the Kent town following a deal to acquire a...

14 January 2020

From: Breaking News

New carbon monoxide lettings rules set to be adopted by Assembly

The Welsh Government says new regulations are to be introduced to combat carbon monoxide poisoning. The regulations will require landlords and their...

14 January 2020

From: Breaking News

Airbnb trying to tempt landlords seeking higher yields - claim

A leading property industry figure says Airbnb is attempting to persuade traditional buy to let landlords into going down the short-let...

13 January 2020

From: Breaking News

Council to spend £250,000 of public cash setting up lettings agency

Durham county council wants to spend just over £250,000 setting up a lettings agency to place tenants with private landlords. The authority...

13 January 2020

From: Breaking News

Defunct online agency snapped up by PropTech rival

A trade magazine is reporting that online lettings agency Upad has been bought out by a PropTech platform. The Negotiator says Howsy...

13 January 2020

From: Breaking News

Agents Beware: new anti-money laundering rules kick-in today

It’s here - the Fifth EU Money Laundering Directive comes into force today with significant challenges and implications for letting agents. The...

10 January 2020

From: Breaking News

Activists protest outside agency demanding it ‘sacks’ landlord client

A protest has been held outside a lettings agency in Manchester by tenants demanding that the firm ‘sacks’ one of its...

10 January 2020

From: Breaking News

ARLA backs government bid for ‘level playing field’ within lettings

The Association of Residential Lettings Agents has thrown its weight behind an initiative by the Scottish Government to control the growth...

10 January 2020

From: Breaking News

Leaders Romans Group selects new PropTech lettings platform

Leaders Romans Group has selected a new PropTech platform after a competitive tendering process. The winning company was PropCo, which already services...

09 January 2020

From: Breaking News

Ex-LSL lettings expert snapped up by London PropTech start-up

A former director at LSL’s Build To Rent division has today been named as head of business development at a London...

09 January 2020

From: Breaking News

Rental market ‘strong and stable’ as new decade dawns

The rental market is stable as it enters 2020 according to the latest index from PropTech company Goodlord.  Five out of the...

08 January 2020

From: Breaking News

London rent increases muted compared to many top European cities

London rents increased by an average of 3.5 per cent in 2019 according to a European lettings monitor called HousingAnywhere. While this...

08 January 2020

From: Breaking News

Big expansion for lettings agency after two merger deals in a year

Darlington-based My Property Box has welcomed five new members of staff to its team who between them have amassed more than...

07 January 2020

From: Breaking News

Independent agencies merge to “enhance customer experience”

Two long-established lettings and sales agencies on the south coast have merged in a bid to “enhance customer experience.” Smart Property and...

07 January 2020

From: Breaking News

Trade bodies back latest rogue agent and landlord clampdown

The Association of Residential Letting Agents and The Guild of Property Professionals have both given their backing to the government’s latest...

06 January 2020

From: Breaking News

Airbnb and other short-lets: Trade body wants proportionate regulation

A new trade body set up to represent companies working with hosts using Airbnb and similar platforms says the government should...

03 January 2020

From: Breaking News

Agents Beware: New lettings laws being introduced in 2020

A leading lettings sector trade body has outlined key pieces of legislation that will hit the private rental sector in 2020. The...

02 January 2020

From: Breaking News

Agents to get ARLA resources as anti-money laundering changes kick in

The Association of Residential Letting Agents says it will be issuing resources to support for lettings agents in the coming days...

02 January 2020

From: Breaking News

2020 and beyond set to be strong for buy to let market

There’s been an upbeat prediction on the lettings market given by leading market commentator Lucian Cook, head of residential research at...

02 January 2020

From: Breaking News

Revealed: the rental market that’s dominated by football

A high end lettings agency says the most expensive rural rental market in the north west of England is dominated by...

31 December 2019

From: Breaking News

Shelter boss and lettings agency critic honoured in New Year’s list

The chief executive of Shelter - the campaigning charity which has been sharply critical of letting agents in the past -...

30 December 2019

From: Breaking News

Rental sector’s largest-ever trade body launches this month

This month sees the launch of a new trade body for the lettings sector - the National Residential Landlords Association. It’s the...

30 December 2019

From: Breaking News

Prime London rents to see double digit rise by 2024

Knight Frank forecasts cumulative rental growth of 11 per cent in prime outer London and 10 per cent in prime central...

30 December 2019

From: Breaking News

Shocking 12% drop in homes to let in parts of Britain in 2019

Countrywide has calculated that with many landlords exiting the buy to let market, the number of homes available to rent has...

27 December 2019

From: Breaking News

Rents to accelerate in 2020 according to surveyors

The Royal Institution of Chartered Surveyors has given a brief but optimistic assessment of the private rental market for next year. “As...

24 December 2019

From: Breaking News

Over 200 complaints of agents allegedly charging illegal fees

The Times claims there have been well over 200 complaints lodged with redress schemes, alleging that lettings agents tried to charge...

23 December 2019

From: Breaking News

Warning to agents - the risk of voids increases at New Year

There’s a heightened risk of voids in the New Year period and agents and landlords should prepare: that’s the warning from...

23 December 2019

From: Breaking News

Lettings training and compliance info offered to independent agents

The fast-growing Federation of Independent Agents has this morning revealed that it’s linking with Training For Professionals, the largest provider of...

20 December 2019

From: Breaking News

Modest annual rent rise reported by HomeLet

The latest lettings market snapshot by referencing firm HomeLet shows the average rent in the UK is now £947. This is up...

20 December 2019

From: Breaking News

Lettings agency boss jailed for £230,000 fraud scandal

A Southampton lettings agency owner has been jailed after defrauding landlords and tenants out of £230,000. Andrew Whitehead has been jailed for...

19 December 2019

From: Breaking News

Agents’ qualifications must be priority for new government says ARLA

The new government must prioritise the implementation of proposals to ensure letting agents and others in the industry are appropriately qualified. That’s...

19 December 2019

From: Breaking News

Rents and demand dip as festive slowdown grips lettings market

New data from the Association of Residential Lettings Agents shows how the festive slowdown has hit the market. The number of tenants...

19 December 2019

From: Breaking News

Warnings that further rental reform mustn’t jeopardise supply

Richard Donnell, research director at Zoopla, is warning the government that future reform of the private rental sector must not jeopardise...

18 December 2019

From: Breaking News

Hunters is latest agency to link with software platform

The giant Hunters franchise chain, which has over 200 offices across the UK, Is boosting its technology through a strategic partnership...

18 December 2019

From: Breaking News

Letting agents told: Improve communications with tenants

If letting agents want more satisfied clients and fewer disputes they should provide better information to tenants. That’s the view of PropTech...

17 December 2019

From: Breaking News

Tories should adopt Labour housing policy, say anti-agent campaigners

Generation Rent, a campaign group that is consistently critical of lettings agencies and landlords, says a priority of the new government...

16 December 2019

From: Breaking News

Three rogue lettings agencies expelled by The Property Ombudsman

Three lettings agencies have been expelled from TPO - in each case the agency failed to honour a payment as instructed...

13 December 2019

From: Breaking News

19-branch family agency snapped up by Belvoir brand in £2m deal

Newton Fallowell, part of the Belvoir Group, has snapped up the Lovelle franchised agency group adding a further 19 offices to...

13 December 2019

From: Breaking News

Council opens lettings agency in town with scores of private agencies

Luton council has opened Lets Squared, a High Street lettings and estate agency using public funds - even though the town...

12 December 2019

From: Breaking News

High-end agency claims best ever month for lettings division

The sales market in London continues to wreak havoc with agencies, as yesterday’s Foxtons story revealed, but one lettings agency is...

12 December 2019

From: Breaking News

Lobbying works - ARLA wins 11-week delay in Welsh deposits change

Lobbying government can work, at least in some circumstances, as the Association of Residential Lettings Agents has seen in Wales.  Letting agents...

11 December 2019

From: Breaking News

Revealed: Why council's lettings fine was slashed by £28,000

A compliance consultant has explained why a local council’s penalty on a rogue landlord - initially £31,499 - was slashed to...

10 December 2019

From: Breaking News

Second lettings agency merger in same city in two weeks

Longstanding Leeds based property company Adair Paxton has acquired boutique estate agency firm, Hudson Moody Wass. Founded in 2001, Hudson Moody Wass...

09 December 2019

From: Breaking News

Agents warned: Prepare for imminent Anti-Money Laundering changes

[Letting Agent Today was ‘off air’ for some of Wednesday and most of Thursday thanks to technical problems - we apologise to...

06 December 2019

From: Breaking News

Rental sector “in a state of despair” warns lettings agents' chief

[Letting Agent Today was ‘off air’ for some of Wednesday and most of Thursday thanks to technical problems - we apologise to...

06 December 2019

From: Breaking News

Yet another independent snapped up as consolidation continues

[Letting Agent Today was ‘off air’ for some of Wednesday and most of Thursday thanks to technical problems - we apologise to...

06 December 2019

From: Breaking News

Big regional firm announces its latest agency acquisition

Fast-growing Yorkshire agency Linley & Simpson has opened a new office in Leeds after acquiring a long-standing lettings firm. Snapping up Morgans...

04 December 2019

From: Breaking News

Onwards and Upwards as Belvoir acquires independent agency

Belvoir has acquired another independent sales and lettings agency - this time it’s Onwards and Upwards, a firm in the Morley...

04 December 2019

From: Breaking News

Acquisition means firm offers residential lettings for first time

Scottish legal firm Gilson Gray has shaped up Coulters Letting, meaning it now enters the residential rentals sector for the first...

03 December 2019

From: Breaking News

Tenant reference firm links with PropTech supplier to Leaders Romans

One of the UK’s largest tenant referencing and let insurance providers has announced a new integration with a PropTech firm -...

02 December 2019

From: Breaking News

Huge rise in agents witnessing rent rises compared to a year ago

The latest rental market snapshot from the Association of Residential Letting Agents suggests that 50 per cent of agents witnessed an...

29 November 2019

From: Breaking News

Rental homes at Tube stations - first details from lettings giant

More details have emerged of the long-term scheme to site Build To Rent homes at Transport for London tube stations and...

29 November 2019

From: Breaking News

Countrywide and Connells want mandatory regulation of letting agents

A roundtable discussion of rental industry leaders has produced a recommendation for the mandatory regulation of lettings agents. The objective, they say,...

28 November 2019

From: Breaking News

Deposit Alternatives: new entrant to market is Hamilton Fraser

A new product in the increasingly competitive field of deposit alternatives has been launched by lettings and landlord insurance industry giant,...

28 November 2019

From: Breaking News

Good news for lettings - upbeat market forecast for next five years

There’s been an upbeat assessment of how the private rental sector will fare in the next five years from a leading...

28 November 2019

From: Breaking News

The next generation of renters has arrived. Are you ready to find them a home?

You don’t need to go far for news about the UK lettings market. From the banning of tenant fees to proposed...

27 November 2019

From: Sponsored Content

Online agency targets lettings with new one-stop-shop services

The relatively low profile 99home online agency says it is now the UK’s fifth largest operation in the online sector after...

26 November 2019

From: Breaking News

Slow winter ahead for private rental sector warns market monitor

Agency Express, the board company that monitors the lettings market through demand for its To Let and Let By boards, warns...

26 November 2019

From: Breaking News

Agency creating “the city’s most luxurious student accommodation”

A lettings agency has marked six months in business by embarking on a £100,000 project to create what it calls its...

26 November 2019

From: Breaking News

Labour council reveals huge rises in landlord licensing charges

There’s been a steep rise in the costs of landlord joining a compulsory licensing scheme operated by Labour-controlled Nottingham city council. The...

25 November 2019

From: Breaking News

Online lettings portal raises £7m as it prepares for New Year launch

High-profile property management firm DJ Alexander is set for expansion following a £7m investment from Santander.  The capital funding package will be...

22 November 2019

From: Breaking News

PropTech: Lettings platform reveals ‘repair or replace’ API partner

Lettings platform teclet has announced another API partner - the latest of many in recent months.  It’s the Product Care Repair or...

22 November 2019

From: Breaking News

Franchise group hikes charges to landlords by 10% because of fees ban

The Property Franchise Group has issued an upbeat trading statement indicating that it’s mitigated much of the financial impact of the...

21 November 2019

From: Breaking News

Family lettings company acquires three-year-old independent

A long-established lettings company in Scotland has acquired a three year old independent with a small portfolio of 45 properties. Riccardo Giovanacci...

21 November 2019

From: Breaking News

Landlord confidence still rock bottom according to yet another survey

Another survey of private landlords show a majority feeling less confident about the market than they were three months ago. Last week...

21 November 2019

From: Breaking News

A Farce! Council issues rental licences to just 3% of applicants

A controversial private rental licensing regime that has already made the headlines for the wrong reasons has now been branded a...

19 November 2019

From: Breaking News

 Penalty notices may be issued after 500-plus complaints by tenants

A local council claims it has received over 500 complaints from private rental tenants since the start of April - approaching...

19 November 2019

From: Breaking News

Well known regional agency strikes out into new territory

An independent Yorkshire letting agency has broken new ground by extending into Humberside for the first time, after striking a major...

18 November 2019

From: Breaking News

Average UK rent up 2.7% in the past year says HomeLet

The latest lettings market snapshot by insurance firm HomeLet says the average rent across the UK is now £953, up 2.7...

18 November 2019

From: Breaking News

Fees Ban, Licensing and HMOs: many agents fear they’re breaking the law

Just over a fifth of lettings agents questioned in a major industry survey are concerned that may not be complying with...

15 November 2019

From: Breaking News

Rise in eviction delays show need for specialist court - claim

New figures just released by the government emphasise the significance of creating a specialist housing court says one of the lettings...

15 November 2019

From: Breaking News

Agency that launched in 2017 in £250,000 deal to acquire independent

A lettings agency that launched just two years ago has snapped up an independent firm in the same city in a...

15 November 2019

From: Breaking News

PropTech property management platform signs 25 partners for launch

The property management platform Apropos, scheduled to launch early next year, says it’s signed up 25 business partners ahead of schedule. The...

15 November 2019

From: Breaking News

Agents are less efficient because software is poorly integrated - claim

A PropTech firm says lettings and sales agents are less efficient because software providers and the wider industry have done too...

14 November 2019

From: Breaking News

Short lets offer opportunities for agents - but only if they’re regulated

The growing chorus of calls to professionalise the short lets sector has won influential backing from a senior PropTech entrepreneur. Neil Cobbold...

13 November 2019

From: Breaking News

Don’t scrap licensing, streamline it says accreditation scheme

The safeagent accreditation scheme says the next government should not scrap landlord licensing as some trade groups have requested, but should...

12 November 2019

From: Breaking News

Confidence in lettings sector plummets to all-time low amongst landlords

Landlords’ confidence in their lettings business has slumped to an all-time low, according to research by the National Landlords Association. In a...

12 November 2019

From: Breaking News

Countrywide's veteran lettings supremo leaves at end of fees ban work

Countrywide has issued an unusual statement saying that the veteran lettings expert recruited to steer the organisation through the tenant fee...

08 November 2019

From: Breaking News

Top agent urges Airbnb regulation to deter criminal activity

A leading London lettings agent wants increased regulation over Airbnb in a bid to deter criminal activity and anti-social behaviour. Martin Bikhit, managing...

07 November 2019

From: Breaking News

Agency voluntarily scraps To Let boards ‘as most renters look online’

A lettings agency has voluntarily decided to scrap To Let boards in densely populated areas, because they are unsightly and in...

07 November 2019

From: Breaking News

Rents on the rise as Prime London supply glut begins to subside

Knight Frank says the supply of new lettings properties in prime central London is likely to slow - and as a...

07 November 2019

From: Breaking News

Labour tones down Right To Buy proposal for private rental tenants

Labour’s controversial proposal to oblige landlords to sell their buy to let properties to tenants who wished to purchase them, unveiled...

06 November 2019

From: Breaking News

Purplebricks lettings director quits to go to rival hybrid franchise firm

A lettings guru who worked at Purplebricks for five years in a string of key roles has quit the company to...

05 November 2019

From: Breaking News

Industry wants short-let controls, review of landlord tax and stamp duty eased

The Association of Residential Letting Agents and the National Association of Estate Agents have issued their manifesto for next month’s General...

05 November 2019

From: Breaking News

Agents offering insurance to tenants “increase peace of mind for all”

Lettings agents who diversify to offer tenant liability insurance not only broaden their own business but also increase peace of mind...

05 November 2019

From: Breaking News

Agency compensates tenants and landlords after employee’s scam

Martin & Co says it has compensated clients fully after a rogue lettings agent in Cornwall added sums to invoices sent...

04 November 2019

From: Breaking News

Agents asked to tell council how to improve rental sector policies

Lettings agents are being invited to tell a big city council how to improve its private rental sector strategy.  Manchester local authority...

04 November 2019

From: Breaking News

Tories - you have been warned, says lettings trade group

One of the industry’s leading trade groups has repeated a warning to the Conservatives that they cannot rely on the votes...

01 November 2019

From: Breaking News

Tax perks demanded for landlords who use deposit alternatives

One of the leading providers of deposit alternatives in the UK wants the government to embrace the option - even to...

31 October 2019

From: Breaking News

Scrap stamp duty on buy to let! Trade body sets Election demand

One of the leading lettings sector trade bodies has unveiled what it describes as “a positive vision for the private rented...

31 October 2019

From: Breaking News

Halloween pics and vids: lettings agencies’ tricks are a treat

In recent days we’ve been running images and videos from Halloween-decorated offices over on our sister publication Estate Agent Today -...

31 October 2019

From: Breaking News

Rich Pickings: prime central London lettings market booms, says agency

A new report from Knight Frank shows how the country’s most expensive lettings market - prime central London - has boomed. The...

31 October 2019

From: Breaking News

Deposit alternative war hots up as Zero Deposit signs 15-branch agency

The growing deposit alternative sector continues to be ultra-competitive with 15-branch agency Kings Lettings signing up to Zero Deposit. Kings Lettings operates...

30 October 2019

From: Breaking News

Election is chance to woo new landlords into lettings sector

The likely general election is an opportunity for the government to make the lettings sector more appealing for would-be landlords, says...

29 October 2019

From: Breaking News

Four independent agencies snapped up by Belvoir brand Northwood

Northwood franchisees have completed four acquisitions, taking the total this year to eight. As part of the Belvoir Group, Northwood and has...

29 October 2019

From: Breaking News

Congratulations! ARLA and NAEA celebrate training achievements

ARLA and NAEA Propertymark’s Qualifications division has held its annual awards ceremony in the House of Lords, recognising achievement and celebrating...

28 October 2019

From: Breaking News

Warning of rocketing rents as buy to let investors quit the sector

A trade body says the private rental sector is facing a major crisis - more landlords are selling properties than buying...

25 October 2019

From: Breaking News

Three rogue lettings agents expelled by The Property Ombudsman

The Property Ombudsman has expelled three lettings agencies from its scheme because of unpaid awards to landlord clients. The first is Kingsman...

24 October 2019

From: Breaking News

Renters 'union' asks tenants to report agents levying illegal fees

The controversial tenants union Acorn has set up a web page where disgruntled renters can lodge complaints about letting agents. In the...

24 October 2019

From: Breaking News

Are HMRC and Airbnb about to go to court over taxes?

The BBC is reporting that the short lets giant Airbnb has been contacted by HM Revenue & Customs about its tax...

23 October 2019

From: Breaking News

Independent lettings agency snapped up ... for a cool million

Belvoir has confirmed that its Brighton franchisees have acquired the independent Homelets agency in the town - for a cool £1m. Existing...

23 October 2019

From: Breaking News

Insurance for tenants could be additional revenue stream for agents

Life insurance sold to tenants could provide a valuable additional income stream for agents whose revenue has been hit by the...

22 October 2019

From: Breaking News

Countrywide brand marks “ethical and sustainable” lettings growth  

Countrywide’s high-end Hamptons International brand says it’s growing its lettings business “ethically and sustainably, regardless of market conditions.” It has ended the...

22 October 2019

From: Breaking News

PropTech firm to scrap tenant screening costs for agents

A PropTech firm says it is going to eliminate tenant screening costs by 2021 for lettings agents and landlords who use...

22 October 2019

From: Breaking News

Absolute Rubbish: agent fined over six-foot mound of garbage

An east London lettings agency must pay more than £2,500 after a six-foot-high pile of waste was found fly-tipped on land...

21 October 2019

From: Breaking News

Online lettings agency at heart of money laundering crimes

Three criminals have been sentenced after pleading guilty to money laundering involving an online lettings agency. The sentences follow an investigation spearheaded...

18 October 2019

From: Breaking News

Another independent agency acquired by Leaders Romans Group

The Leaders Romans Group has acquired yet another independent agency - this time it is Essex and Suffolk Lettings. Based in Colchester,...

18 October 2019

From: Breaking News

Seminar to debate tax, regulation and market challenges for lettings

A London-focussed lettings agency is hosting a seminar for landlords in association with a rental sector trade body. The key theme of...

18 October 2019

From: Breaking News

Why Section 8 is NOT the best eviction option - top agent speaks out

One of the country’s leading lettings experts has outlined why the government is wrong to suggest that Section 8 powers could...

17 October 2019

From: Breaking News

Upad closure: Another agency offers deal to stranded customers

Another online lettings agency has come forward with a deal to help landlords and tenants stranded after the closure of Upad. Last...

16 October 2019

From: Breaking News

Independent agency snapped up as rival expands hub operation

One of West Sussex’s largest agencies, Michael Jones & Company, has acquired an independent rival as part of a move to...

16 October 2019

From: Breaking News

Another top agency signs up to a deposit alternative scheme

The race for dominance in the deposit alternative field continues apace. Now franchise giant Hunters has teamed up with flatfair to bring...

15 October 2019

From: Breaking News

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

Crooked lettings agent in court again after row over solicitors

A lettings agent jailed in March for taking £220,000 from tenants and landlords is now in trouble over her legal representation. Heather...

14 October 2019

From: Breaking News

Labour demands Section 21 be scrapped - and now!

A senior Labour housing spokesman is urging the government to press on with plans to outlaw the use of Section 21...

14 October 2019

From: Breaking News

Online lettings agency Upad closes with immediate effect

The online lettings agency Upad has this weekend published an immediate closure announcement on its website. It reads: “We regret to inform...

12 October 2019

From: Breaking News

National agency diversifies further with block management acquisition

The Leaders Romans Group has announced an acquisition to mark further expansion into the corporate lettings and block management market. The agency...

11 October 2019

From: Breaking News

Terry Fisher, Marketing Director at Movebubble

1. Who are you and what does it say on your business card? Terry Fisher, Marketing Director at Movebubble 2. What is Movebubble...

10 October 2019

From: 60 Second Interview

Lettings at the heart of agency's record month and quarter

One of London's largest agencies, Chestertons, has reported a record month for revenues in September as well as its best ever...

10 October 2019

From: Breaking News

Most consistent agents of last decade to be recognised at ESTAS 2020

The letting and estate agencies which have provided the most consistent levels of high customer service are to be recognised with...

10 October 2019

From: Breaking News

Super-rich turn to £5,000+ per week rental market due to Brexit uncertainty

Uncertainty around the UK's planned departure from the EU and the stability of the government is causing the super-rich to rent instead...

09 October 2019

From: Breaking News

Friend first, boss second, probably agent third - Brent's back with new video

First, he was trying his hand in lettings, then he devised a 2.5% commission to take on Purplebricks. Now, after nine months...

09 October 2019

From: Breaking News

New ethical letting agency launches with focus on 'people, not fees'

A new ethical letting agency has launched in partnership with a housing association and is promoting its low fee structure. Home Makers,...

08 October 2019

From: Breaking News

Landlords urged to prepare for ‘last straw’ in maintaining profitability

Landlords must look at their finances as a range of tax changes continue to 'hit home', according to Apropos. The property management...

07 October 2019

From: Breaking News

Online agency recruits former Purplebricks director and LPE

An online letting agency which launched last month has announced the recruitment of two former Purplebricks staff. Michael Booth, the hybrid agency's...

04 October 2019

From: Breaking News

Further criticism of Labour's controversial Right to Buy plans

A group of landlords in the North East are the latest to criticise Labour's plans to introduce a Right to Buy...

04 October 2019

From: Breaking News

Supply and demand on the rise - UK's most active rental markets revealed

There has been a significant spike in activity in the East Hampshire lettings market, according to analysis from Zoopla. Over the last...

03 October 2019

From: Breaking News

Branching out – letting agency excels in growing Build to Rent sector

An independent letting agency has reported its success in helping two large Build to Rent (BTR) developments to successfully let properties...

03 October 2019

From: Breaking News

Agency entrepreneur merges with first employer to expand reach

North east agency My Property Box has announced it has merged with Sandersons Lettings, the firm which gave its founder his...

02 October 2019

From: Breaking News

Regional agency expands coverage with third acquisition in 18 months

A branch of a regional agency has expanded its managed portfolio following its third acquisition in 18 months. CJ Hole Cheltenham has...

02 October 2019

From: Breaking News

PropTech: Lettings platform to reveal range of new API partners

Lettings platform teclet has announced its latest API partner - and says more will be revealed in the coming months. The partner...

01 October 2019

From: Breaking News

Regional agency scraps traditional offices in move to ‘hub’ concept

A leading lettings and sales agency in West Sussex is launching a hub-style structure centralising branch activities in a town centre. Michael...

30 September 2019

From: Breaking News

Short lets will push up mainstream rents unless regulated - warning

There’s a warning from a leading agent that the unregulated proliferation of Airbnb-style short lets will lead to mainstream rent rises...

30 September 2019

From: Breaking News

Advanced Rent Option means less work for landlords - claim

The lettings agency owners behind the Advanced Rent Option, which provides landlords with up to 12 months’ rent in advance, says...

26 September 2019

From: Breaking News

Another day, another independent agency snapped up

Franchise giant Hunters is continuing its expansion with the acquisition of Forte Lettings & Property Management, an independent in Exeter. The Devon...

26 September 2019

From: Breaking News

High-end London lettings agency signs up to Zero Deposit

High end London estate agency Chestertons has signed up with Zero Deposits, one of the deposit replacement services expanding across the...

26 September 2019

From: Breaking News

Another independent agency disappears as family franchise firm expands

The Tunbridge Wells office of Martin & Co has boosted its managed portfolio by 43 per cent by snapping up yet...

25 September 2019

From: Breaking News

US firm targets UK’s student lettings sector in major cities

A huge US property investment firm valued at over $10 billion is entering the UK’s purpose build student accommodation sector. Chicago-based CA...

25 September 2019

From: Breaking News

New lettings agency to specialise in short-lets for tourist visitors

A new lettings agency has sprung up, catering almost entirely for the burgeoning Airbnb-style short lets market. Shoreside Lettings, based at Cowes...

24 September 2019

From: Breaking News

Countrywide agency fined £22,500 for health and safety failings

One of the UK’s highest profile lettings agencies - Countrywide band Beresford Adams - has been fined £22,500 for health and...

23 September 2019

From: Breaking News

Labour’s controversial right to buy could work, if landlords benefit too

A leading PropTech chief says there is nothing inherently wrong with private tenants being given the right to buy their property,...

23 September 2019

From: Breaking News

Artificial Intelligence could save agents 2.5 hours time each day - claim

A typical lettings agent could save some two and a half hours’ time each working day if they adopted more Artificial...

20 September 2019

From: Breaking News

Nationwide invests in anti-agent digital lettings service

The Nationwide is investing in a digital lettings service called Bunk - it’s headed by a 24 year old who has...

19 September 2019

From: Breaking News

Advertising curbs for Airbnb-style short lets welcomed by Labour

Labour is backing new guidelines which ban adverts which can be interpreted as encouraging landlords and home owners to flout restrictions...

19 September 2019

From: Breaking News

Direct payment to landlords helps curb Universal Credit arrears - claim

A leading lettings sector trade body says evidence shows the direct payment of benefit to landlords is the biggest possible contribution...

19 September 2019

From: Breaking News

Shock Trading Standards claim: almost half of letting agents breaking the law

London Trading Standards has made the startling claim that 46 per cent of almost 2,000 agents it has surveyed are falling...

13 September 2019

From: Breaking News

Huge rent rises in London should be no surprise, says market monitor

Greater London rents have risen an average of four per cent in the past year - but some boroughs performing above-average...

13 September 2019

From: Breaking News

Rents at all time high, according to latest HomeLet index

Rents have reached an all time high across the UK according to HomeLet. Its latest index says the average rent in the...

13 September 2019

From: Breaking News

Right To Rent: messy post-Brexit rules unveiled by ARLA

The Association of Residential Lettings Agents is urging member agents and the industry to ensure it is up to date with...

12 September 2019

From: Breaking News

Agency to survive the Fees Ban ‘as we charge less than our rivals’

Franchise agency group Winkworth claims the lettings fee ban impact has been less severe on its agents than on other companies,...

12 September 2019

From: Breaking News

Independent rebrands to Hunters as franchise expansion continues

An independent previously known as Adams Estate Agents has rebranded as Hunters as the franchise giant’s expansion programme continues. The office is...

11 September 2019

From: Breaking News

 Best Yields, Best Returns - HMOs prosper in volatile lettings market

Data published by specialist lender Precise Mortgages suggests that over a fifth of landlords are planning to expand their portfolio with...

11 September 2019

From: Breaking News

Warning over charging tenants agent commission as well as repair bills

The Association of Residential Lettings Agents has taken legal advice on what can be charged to tenants for so-called ‘contractual damages’. ARLA...

10 September 2019

From: Breaking News

PropTech firm hosting ARLA boss for Section 21 webinar

PropTech firm Goodlord is hosting a webinar this week when the chief executive of the Association of Residential Letting Agents, David...

10 September 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

ARLA wants agents and tenants to access rogue landlord database

The Association of Residential Letting Agents wants agents and tenants to have access to the government’s high profile but so far...

09 September 2019

From: Breaking News

Rent rises kick in as ‘scale and speed’ of fees ban hits home

There is increasing evidence of the so-called unintended consequences of the tenant fee ban according to a major regional lettings agency. Linley &...

09 September 2019

From: Breaking News

Agents warned that let-only tenant-find portfolios are less profitable

A respected transfer agent who has been selling lettings businesses for 25 years has issued a warning that tenant-find let-only portfolios...

06 September 2019

From: Breaking News

Labour Right To Buy policy dismissed as “damaging and distorted”

As the row over Labour’s proposal rumbles on the think tank Centre for Policy Studies - which has previously argued that...

05 September 2019

From: Breaking News

Revealed - areas where tenants pay highest proportion of salary in rent

A lettings platform has analysed the current average annual rental cost of different parts of the UK and how that relates...

05 September 2019

From: Breaking News

Agency consolidation likely as regulation bites, says franchise giant

Belvoir says consolidation between lettings and sales agencies across the industry is likely to increase as a result of greater regulation...

04 September 2019

From: Breaking News

ARLA joins criticism of Labour’s private tenant right to buy policy

The Association of Residential Lettings Agents appears to have joined the chorus of criticism against Labour’s controversial right to buy policy...

04 September 2019

From: Breaking News

£5m new funding for PropTech anti-agency management platform

Property management platform Howsy has revealed new funding to the tune of £5m - and it now claims to be one...

04 September 2019

From: Breaking News

New training opportunities as safeagent partners up in Scotland

Not-for-profit accreditation scheme safeagent has partnered with Landlord Accreditation Scotland to provide specialist training for agents north of the border.  LAS is...

04 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

Fees Ban not hurting Belvoir yet as franchise giant records strong growth

Belvoir Group has this morning announced its interim results for the first six months of this year - and they show...

03 September 2019

From: Breaking News

Off-market portal links up with high end London lettings agency

Cobbletons - a portal dedicated to advertising only prime off-market properties - has teamed up with the lettings division of high...

03 September 2019

From: Breaking News

Tax changes prompt landlords exit and rents rising, says survey

One in six landlords is seeking to reduce the size of their portfolio in the next 12 months and around half...

03 September 2019

From: Breaking News

Council uses drone to identify illegal rental ‘beds in sheds’

A council has used a drone with a thermal imaging camera to identify illegal ‘sheds’ where tenants are being rented beds...

03 September 2019

From: Breaking News

A Crash Is Coming: How will it affect the private rental sector?

Some of the private rental sector’s most experienced and respected experts believe it’s almost inevitable that a housing market crash is...

02 September 2019

From: Breaking News

Agency wants managed property tenants to back renewable energy

A specialist lettings agency claims it is the first in the UK to only use renewable energy in the accommodation it...

02 September 2019

From: Breaking News

Police raid smokes out cannabis farm and string of lettings problems

A joint operation between Avon and Somerset Police and North Somerset council has uncovered a string of issues connected with rental...

02 September 2019

From: Breaking News

Prizes offered to agents as Fixflo launches new Lettings Report

Fixflo is launching its sixth annual Lettings Report for lettings professionals  The survey gauges the opinions of lettings professionals around the UK...

02 September 2019

From: Breaking News

Food banks HQ links with lettings group to combat Universal Credit arrears

The Trussell Trust, which coordinates the vast majority of the food banks around the UK, is working with the National Landlords...

29 August 2019

From: Breaking News

PropTech lettings viewings service tells investors it's valued at over £2.8m

A PropTech lettings platform is claiming to be valued at over £2.8m. Inadash describes itself as an “on-demand marketplace” which via an...

28 August 2019

From: Breaking News

Lettings sector confidence plunges to historic low

Landlords’ confidence in the success of their own businesses has plunged in recent months.  Only 29 per cent of landlords have positive expectations...

27 August 2019

From: Breaking News

Strong short-let rental yields revealed in northern cities

London-focussed lettings agency Portico, which has expanded into the north of England, has identified part of Liverpool as the area where...

27 August 2019

From: Breaking News

Tenants’ arrears up because of Universal Credit - claim

Universal Credit is causing tenants to fall behind with their rent according to lettings sector trade body the Residential Landlords Association. It...

27 August 2019

From: Breaking News

Purplebricks-style online agency looking for franchisees across the UK

A new online lettings agency called Accommodation.co.uk is looking for franchisees to join ahead of its formal launch next month.  The company...

23 August 2019

From: Breaking News

Rental market strong this summer says board company index

Activity in the lettings market has picked up over the summer after a surprising lull in the spring, according to the...

23 August 2019

From: Breaking News

Agent's fury at three month delay in getting proof of CMP policy

A lettings agent says she has just spent three months trying to get evidence of her Client Money Protection policy -...

22 August 2019

From: Breaking News

Bank client account changes: Agents urged to have a Plan B

A leading industry figure is calling on agents to have a Plan B ready if their bank closes undesignated client accounts.  This...

21 August 2019

From: Breaking News

Call for open-ended renting with reduced rent for long-term tenancies

There should be open-ended tenancies with reduced rent for long-term contracts and any rent increase tied only to inflation. This dramatic reform...

21 August 2019

From: Breaking News

ARLA gives public a five point plan on how to choose a lettings agent

The Association of Residential Letting Agents has released a five point plan on how the public can choose a letting agent. 1....

21 August 2019

From: Breaking News

Fast-expanding agency says landlords go free but tenants pay

An agency which says it aims to be “the UK’s premier residential lettings company” says it’s offering itself free to landlords...

21 August 2019

From: Breaking News

Long-standing agency to focus only on lettings as it quits sales sector

A long-established agency in Wales says it’s shutting the sales side of its business and going to focus solely on lettings...

20 August 2019

From: Breaking News

How can letting agents thrive in a growing rental market?

With the recent introduction of the Tenant Fees Act – which bans upfront fees charged by letting agents and caps security...

19 August 2019

From: Sponsored Content

Pioneering university lettings agency celebrates record year

A pioneering lettings agency that allocates second and subsequent year students with private sector and university-owned homes has delivered its best...

19 August 2019

From: Breaking News

Daniel Bond, Managing Director of Bonds Estate Agents

What is your business?    Bonds Estate Agents, the modern hybrid agent bridging the gap between the traditional high street agent and online...

15 August 2019

From: 60 Second Interview

Fees Ban Cash Crisis: letting agents expect to lose 30% of annual income

The first ‘state of the industry’ report on the lettings agency sector since the introduction of the fees ban suggests individual...

15 August 2019

From: Breaking News

Rogue tenants can cost £40,000 to £100,000 to evict, warns top agent

Research by London agency Benham and Reeves says the cumulative cost of a landlord suffering a bad tenant and then evicting...

15 August 2019

From: Breaking News

London agency wins six-figure funding to go on the acquisition trail

A London lettings agency that has already acquired an independent has now received what is described as a “six figure” loan...

15 August 2019

From: Breaking News

Fees: Lettings agent fined for the third time in as many years

A lettings agent in London has been fined for the third time in as many years – this time for failing...

14 August 2019

From: Breaking News

Agents ‘have key role to reduce stress for landlords and tenants’

Lettings professionals should do more to raise awareness of the need to reduce moving stress for tenants and landlords. Industry supplier Tenant...

14 August 2019

From: Breaking News

Rents now rising roughly in line with Consumer Prices Index

If you want a barometer of a stable lettings market, this appears to be it - rents are now rising at...

13 August 2019

From: Breaking News

Expelled! Six lettings agencies kicked out by Ombudsman

The Property Ombudsman has announced a slew of expulsions after six agents failed to comply with redress rules. They failed to abide...

12 August 2019

From: Breaking News

Section 21 abolition has a silver lining says Haart

The Haart lettings agency says the government’s plan to abolish landlords’ Section 21 eviction powers may not be a bad thing. The...

12 August 2019

From: Breaking News

Average rents fall across much of the country, says latest index

Average rents dropped in five of the eight UK regions monitored by property technology company Goodlord. The biggest drop was recorded in...

09 August 2019

From: Breaking News

Prime London lettings market in good shape thanks to supply dip

Prime London’s lettings market is growing but has seen fewer new lets over the second quarter of the year according to...

09 August 2019

From: Breaking News

Artificial Intelligence could help agents cope with industry regulation

PropTech, and specifically Artificial Intelligence, could help letting agents better cope with new demands created by further industry regulation. That’s the view...

08 August 2019

From: Breaking News

What a performance! Edinburgh artists suffer because of rental rules

A lettings group says the high-profile struggle performers at the Edinburgh Fringe now face to find affordable short-term accommodation was entirely...

08 August 2019

From: Breaking News

Leading agent opens up about mental health issues in the industry

A respected lettings and sales agent has opened up about his own mental health issues and those which exist thanks to...

07 August 2019

From: Breaking News

Lettings sector doesn’t want “Marxist dystopia” rent controls - claim

Rents in London are rocketing but a leading market commentator says this is no reason to give in to a “Marxist dystopia”...

07 August 2019

From: Breaking News

Agent become first in Wales to scrap fees levied on tenants

A Cardiff lettings agent claims to have become the first in Wales to stop charging fees to new and existing tenants. CPS...

07 August 2019

From: Breaking News

Agency caves in to tenants refusing to pay fee: does this set a precedent?

Two tenants who campaign against lettings fees are claiming victory after refusing to pay charges for renewing their tenancies.  The agency was...

06 August 2019

From: Breaking News

Belvoir beating the fees ban with lettings income up five per cent

Belvoir has told its shareholders and the City that it enjoyed a strong first half of 2019 with its 300 High...

06 August 2019

From: Breaking News

ARLA fees ban roadshows begin tomorrow in Wales

With less than four weeks to go to the start date of the Welsh Tenant Fees ban, the Association of Residential...

06 August 2019

From: Breaking News

Shelter complains to Boris Johnson about a lettings agency

Campaigning charity Shelter has made a remarkable attack on a lettings agency, accusing it of “an abuse of power” over its...

05 August 2019

From: Breaking News

‘Revolutionary’ rental option to be unveiled to lettings industry

Lettings experts are being invited to the unveiling of a service described by its creators as “a revolutionary rental product.” It is...

05 August 2019

From: Breaking News

Another council seeks government backing to widen licensing

Another local authority has announced that it wants to introduce another selective licensing scheme and designate its entire patch for HMO...

02 August 2019

From: Breaking News

Commuter town independent agency joins franchise group

Hunters has expanded its franchise network once again with the opening of a new branch in Reading. Chas Shukla, director of Hunters...

02 August 2019

From: Breaking News

Lettings software platform in strategic partnership with MAB

Lettings software platform teclet has announced a strategic partnership with the Mortgage Advice Bureau. It means MAB’s intermediary products and services will...

02 August 2019

From: Breaking News

Fees Ban: record rent rises in response to Tenant Fees Act

The Association of Residential Lettings Agents says there has been a record number of rent increases reported by its members. In a...

01 August 2019

From: Breaking News

London agency steers wealthy landlords towards north of England

A London lettings agency is launching a service to enable landlords to invest in mainstream buy to let or Airbnb-style short...

01 August 2019

From: Breaking News

London agent’s £37,000 bill after “repeated negligence” over HMOs

A London council’s action against a property agent it has accused of “repeated negligence” has resulted in £37,000 of fines and...

31 July 2019

From: Breaking News

Fees Ban: Foxtons claims to have frozen fees to landlords

Foxtons has announced that it is officially freezing its fees to landlords. The move was previewed in Foxtons’ recent trading statement which...

31 July 2019

From: Breaking News

Political upheaval leads to surge in prime central London lettings

Knight Frank says the number of new prospective tenants registering for prime central London properties in the second quarter of this...

31 July 2019

From: Breaking News

Scrapping S21 could be chance for agents to secure more work - claim

If the government follows through with its plan to scrap Section 21 there could be more work for agents as a...

30 July 2019

From: Breaking News

Rightmove marches on as it snaps up tenant reference company

In what some see as a sign of the growing importance of the lettings sector over sales, Rightmove has acquired tenant...

29 July 2019

From: Breaking News

Lettings market slumping according to board company data

The latest data from the Agency Express Property Activity Index, looking at the market’s performance in June, has revealed year on...

29 July 2019

From: Breaking News

PropTech: Two lettings platforms go for Open Banking system

An ‘open banking’ PropTech platform has partnered with two rental organisations which will offer agents, landlords and tenants direct payments and...

26 July 2019

From: Breaking News

Independent agencies wooed to handle Build To Rent tenants

A platform which works with independent lettings agents and Build To Rent operators says it is linking them to provide mutual...

25 July 2019

From: Breaking News

Lettings helps London agency boost part-year profits to five-year high

A surge in the lettings market has helped Chestertons post its best half-year profit level for the past five years. The London-focussed...

25 July 2019

From: Breaking News

Landlords return to prime central London says top agency

The supply of lettings property has begun to increase in higher price brackets in prime central London, leading rents to fall...

25 July 2019

From: Breaking News

Letting agents, are you wasting time?

We all know that certain business functions are quicker to achieve and more cost-effective than others. By considering the services you provide...

24 July 2019

From: Sponsored Content

Independent London lettings agency becomes part of Belvoir Group

Northwood, one of the Belvoir Group brand agencies, has acquired independent agency Daisy Lets in Forest Hill. “Daisy Lets is a great...

24 July 2019

From: Breaking News

Lettings trade body congratulates Johnson on election success

The lettings establishment has sent its congratulations to Boris Johnson on his election as Tory leader and, from this afternoon, Prime...

24 July 2019

From: Breaking News

Big agency deal signed with deposit alternative firm flatfair

Deposit alternative provider flatfair has been chosen by CBRE UK Residential Lettings as the race for prominence in the sector continues. This is...

23 July 2019

From: Breaking News

Banned sales agents ‘could be setting up rogue lettings firms’ - claim

The Association of Residential Lettings Agents says it fears the government needs to do more to prevent the possibility of banned...

23 July 2019

From: Breaking News

Industry rages against Labour’s “laughable” rent control plan

Calls by Labour’s London Mayor Sadiq Khan to secure powers to implement private sector rent controls are facing increasing opposition. Business organisation...

22 July 2019

From: Breaking News

Lights! Camera! Short Lets! - how movies have led to a rental surge

The number of film-related enquiries for short lets received by Knight Frank in the year to May has shown a rise...

22 July 2019

From: Breaking News

Another independent agent bites the dust as franchise branch acquires

Another Martin & Co franchisee has acquired a nearby independent agency. The franchise firm’s Falmouth branch, run since 2013 by Felicia and...

22 July 2019

From: Breaking News

London Mayor told: Introduce deluded rent controls and you'll lose votes

London Mayor Sadiq Khan has been told by a lettings industry body that he’ll lose votes if he introduces rent controls...

19 July 2019

From: Breaking News

Insecure tenancies and expensive rents slammed by all-party MPs group

The All-Party Parliamentary Group for Housing and Care for Older People has sharply criticised the PRS as being ill-equipped to cater...

18 July 2019

From: Breaking News

Industry first as landlords offered a year’s rent in an up-front lump sum

A lettings agency is believed to be the first to offer landlords a year's rent in advance in one lump sum...

16 July 2019

From: Breaking News

Two new services for agents emphasise use of Artificial Intelligence

A new white-labelled outsourced lettings management service is launching today, claiming to undercut all rivals. F%ur - a brand from 4percentproperty -...

15 July 2019

From: Breaking News

‘Hands off the private rental sector’ - warning to new Prime Minister

Boris Johnson or Jeremy Hunt will face an immediate crisis in the private rented sector if government doesn’t rethink its plans to...

15 July 2019

From: Breaking News

Another independent snapped up by franchise agency chain

The Southampton branch of Martin & Co has more than doubled its business after acquiring an independent agent in the city. It’s...

15 July 2019

From: Breaking News

Ditch licensing and introduce Property Passports, says lettings chief

The concept of a so-called rental property passport would rapidly improve the quality of accommodation and landlords, and would be far...

12 July 2019

From: Breaking News

PropTech is the future but only if it provides benefits, says top consultant

The future of the lettings industry will be tech-driven says one of the industry’s leading consultants, who is now also director...

11 July 2019

From: Breaking News

Footballer's agency scores with acquisition of independent

A former footballer's estate agency has completed the first stage of its expansion programme with an acquisition. Hamilton Bower, co-founded by ex-Bradford...

08 July 2019

From: Breaking News

Rents soar across the country, but falter in London and South East

Average rents performed strongly across many parts of the country last month, but floundered in London and the South East. Goodlord's Rental...

05 July 2019

From: Breaking News

Rates, yields, demand and tax - reasons why holiday lets are booming

A holiday lets and short-term lettings market boom can be put down to a combination of four reasons, according to specialist...

05 July 2019

From: Breaking News

New branch for franchise giant after acquisition of independent

National agency Martin & Co has announced the acquisition of independent Essex agency Owen Lyons. Martin & Co Chelmsford owner Stephen Frost...

04 July 2019

From: Breaking News

Give All Your £ to Google

In the last ten years Google's revenue, largely from pay per click ads (Adwords), has grown by 527% (Source: Statista). In...

03 July 2019

From: Sponsored Content

Don’t quit the day job – only a third of landlords earn entire living from property

Only one in three landlords across the buy-to-let market earn their sole living from their property portfolio, according to research. Specialist lender...

03 July 2019

From: Breaking News

Top agent blasts government for going to war on buy to let

A senior London lettings agent has accused the government of “going to war” on buy to let investors. The director of Benham...

02 July 2019

From: Breaking News

Yields stable as rental market settles down for summer

There has been no change to rental yields across the UK over the past month as the lettings market settles down...

02 July 2019

From: Breaking News

Over 50 agents found charging fees - but are they acting illegally?

A BBC investigation of 52 lettings agents has found that two thirds were levying charges on tenants, but it is uncertain...

01 July 2019

From: Breaking News

Note to Tory leadership duo: help the lettings industry!

A leading trade body is urging the candidates to lead the Conservative Party to adopt a more positive approach to the...

01 July 2019

From: Breaking News

From assistant to branch owner - the latest Belvoir acquisition

The latest owner of a Belvoir franchise is a 31-year-old former part-time assistant at the company, who rose to office manager...

01 July 2019

From: Breaking News

The soaring value of property management

If you are a letting agent who has begun to question your worth, stop. The value of property management is rising...

27 June 2019

From: Sponsored Content

Another independent agency snapped up by franchise giant

A branch of Whitegates, part of The Property Franchise Group, has purchased an independent local operation to increase its managed property...

27 June 2019

From: Breaking News

Agents can cut complaints by adopting more PropTech, says guru

Letting agencies can reduce the number of complaints about the industry and improve their own customer service and relationships by improving...

26 June 2019

From: Breaking News

Tenants pay up to 83% of their salary in rent, claims online firm

An average of 34 per cent of a tenant’s typical salary is spent on rent across the UK, according to an...

26 June 2019

From: Breaking News

Letting agent falsified tenancies in bid to dodge council tax

A director of a lettings agency has been fined for creating false tenancies in a bid to avoid paying council tax...

25 June 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

Rent Guarantor provider launches referral project for agents

A rent guarantor service says it’s already chosen 25 lettings agents to take part in a trial of what it calls...

21 June 2019

From: Breaking News

Short lets: High-end agency talks up the advantages

Despite criticism from some within the industry about the effects of short lets, the high-end agency Knight Frank has spoken of...

20 June 2019

From: Breaking News

Big boost for prime London lettings market according to agency

There’s been a dramatic 37 per cent rise in rental instructions for prime properties in the capital during the first quarter...

20 June 2019

From: Breaking News

The Guild links with insurance and tenant referencing service

The Guild of Property Professionals has announced a link with insurance product and moving services operation The Lettings Hub. Lettings Hub offers...

19 June 2019

From: Breaking News

Shelter’s selective use of statistics attacked by lettings group

A call by Shelter for England to adopt Scotland’s model of indefinite tenancies in the private rented sector has been attacked...

18 June 2019

From: Breaking News

PropTech lettings management platform reveals new API partner

The online platform teclet, which enables agents to automate the lettings and management process, has announced that Movinghub has become an...

18 June 2019

From: Breaking News

Out of order! Council accused of illegal licensing fee structure

A lettings sector trade body has written to a council accusing it of initiating an “unlawful” fee structure for a licensing...

14 June 2019

From: Breaking News

Deposit replacement competition hots up with three new signings

As competition hots up between different deposit replacement scheme providers, three new Build To Rent sign-ups have been announced by one...

13 June 2019

From: Breaking News

Franchise branch buys independent’s lettings book in just two weeks

Another independent agency has been acquired by franchise giant Martin & Co.  The firm’s Southend franchisee purchased the managed properties of local...

13 June 2019

From: Breaking News

Online chief aged 24 blasts “obsolete” agents “writing their own rules”

The 24 year old head of an online lettings platform called Bunk says it’s up to letting agents to show they...

12 June 2019

From: Breaking News

Advertising watchdog steps in over online agency’s charge claim

The Advertising Standards Authority has stepped in following a complaint about the online lettings agency Upad. The agency had a reference ion...

12 June 2019

From: Breaking News

Administrators appointed for short lets agency that owes thousands

Administrators have been appointed as a result of action taken by a major creditor of Brighton Holiday Homes, the agency which...

11 June 2019

From: Breaking News

‘Option to buy’ rental clauses now reappearing, says lettings agent

A record number of tenancies have been agreed above £5,000 per week in London during the first four months of the...

11 June 2019

From: Breaking News

Another independent acquired by Property Franchise Group brand

A branch of the Property Franchise Group brand Whitegates has acquired a local independent lettings agency. Whitegates Huddersfield now has over 700...

11 June 2019

From: Breaking News

Rogue lettings agency coughs up £16,000 it owes - on TV

Two landlords will this evening be seen securing the £16,000 they are owed by a rogue lettings agent - and TV...

10 June 2019

From: Breaking News

Is holiday letting becoming the new buy to let?

A holiday lettings company says it’s seen a 23 per cent increase in its portfolio over the past year as owners...

10 June 2019

From: Breaking News

Stricter regulation can benefit landlords insists agency chief

A leading lettings expert insists that greater regulation in the private rental sector can work for the benefit of landlords and...

10 June 2019

From: Breaking News

PropTech partnership as deposit alternative flatfair links with Goodlord

One of the growing number of deposit alternative services, flatfair, has announced a partnership with lettings platform Goodlord. Agents and landlords can...

07 June 2019

From: Breaking News

Agent insists Fees Ban may have positive side-effects

A lettings agent and investment adviser says there is a positive interpretation of the fees ban introduced this month in England. Abi...

06 June 2019

From: Breaking News

Searing criticism of agents and landlords by leading consumer group

A prominent consumer group claims that one in 10 tenants currently renting say they have at some point been evicted “for...

05 June 2019

From: Breaking News

Three acquisitions bolster business for fast-growing Martin & Co branch

The owners of Cardiff’s branch of national sales and lettings agency Martin & Co have more than doubled their managed portfolio...

05 June 2019

From: Breaking News

Belvoir brand snaps up resi portfolio of town’s largest independent

Belvoir brand Newton Fallowell has acquired the sales and lettings business of Grantham’s oldest independent agency, Escritt Barrell Golding.  EBG, which was...

05 June 2019

From: Breaking News

Agents join grand industry coalition to retain Section 21

The Association of Residential Letting Agents is one of many industry groups in a new coalition calling for S21 repossessions to be...

04 June 2019

From: Breaking News

Independent agencies' staff levels will be hit by Fees Ban, says HR chief

The head of the country's oldest agency recruitment consultancy says the tenant fee ban will hit staffing levels in the industry...

04 June 2019

From: Breaking News

Expelled! Seven rogue letting agents kicked out of Ombudsman scheme

Seven agencies have been expelled from membership of The Property Ombudsman after failing to pay compensation awards made by TPO. All are...

03 June 2019

From: Breaking News

Agents’ outrage over government handling of Fees Ban documents

Agents have reacted angrily to the way in which the government released a new set of rental documents updated to include...

03 June 2019

From: Breaking News

Tenant tells BBC that agency changed locks and removed goods

Controversial London lettings agency Flintons has again been named by a BBC TV programme for allegedly unreasonable behaviour in relation to...

03 June 2019

From: Breaking News

Deposit alternative service announces link with landlords’ trade body

The Residential Landlords Association has entered into a partnership with deposit alternative service Zero Deposit. The RLA says the service will be...

03 June 2019

From: Breaking News

PropTech boss renews call for agents to offset Fees Ban through more IT

The head of an automated payment system for the rental sector says lettings agents can help offset losses caused by the...

03 June 2019

From: Breaking News

Fees Ban is here: but will it achieve what the government wants?

The Tenant Fees Act comes into effect in England tomorrow - but a senior lettings expert is questioning whether it will...

31 May 2019

From: Breaking News

Sell off goes on with more landlords quitting as Fees Ban kicks in

The Association of Residential Lettings Agents says the feared sell-off of private rental units is continuing apace on the eve of...

31 May 2019

From: Breaking News

Fees Ban gets ringing endorsement ... from a lettings agency

The Tenant Fees Act coming into effect tomorrow and banning fees on tenants in England has been given a ringing endorsement...

31 May 2019

From: Breaking News

Online lettings agency operating for 12 years opens High Street office

An online lettings agency that has been operating for 12 years has now opened a High Street office. Nantwich-based LetLord, founded in...

29 May 2019

From: Breaking News

Best agents to offer expert services after Fees Ban, predicts utility service

The best lettings agents will survive and shine through the ban of fees levied on tenants, which comes into effect this weekend. The...

29 May 2019

From: Breaking News

25-year-old franchisee takes over second lettings agency branch

One of the country’s youngest lettings franchise holders has opened a second branch by acquiring an independent agency. Kuljeet Aujla, owner of...

29 May 2019

From: Breaking News

Fund boss attacks “amateur buy to let market” as “not fit for purpose”

The head of a firm that seeks investors to put money into residential property funds rather than individual homes for tenants...

29 May 2019

From: Breaking News

Agents must get to grips with deposit alternatives - their time has come

Lettings agents are being urged to educate themselves as much as possible about rival deposit alternative schemes which are becoming increasingly...

28 May 2019

From: Breaking News

Fees Ban: many London tenants won't feel the benefit, insists agent

The fierce competition in the lettings market in parts of London means that some tenants will feel no benefit from the...

28 May 2019

From: Breaking News

Many agents regard tenants as just ‘cash cows’ claims property chief

A lettings agency chief in Scotland says the upcoming ban on agents levying fees on tenants - to be introduced in...

24 May 2019

From: Breaking News

Housing minister dragged into mystery of agency owing thousands

A Midlands MP says he has spoken with housing minister Kit Malthouse about the case of a two-branch lettings agency that...

24 May 2019

From: Breaking News

Redress scheme makes £25,000 award after “failings” by lettings agent

The Property Redress Scheme, one of the two government-backed redress operators for the lettings and sales service, has outlined its work...

23 May 2019

From: Breaking News

Ban these short let adverts! - trade body and Labour unite in plea

The Mayor of London is under pressure to pull advertisements calling on landlords to stop providing homes for Londoners and move...

23 May 2019

From: Breaking News

Agent fined for having only 'limited' redress cover through TPO

The Property Ombudsman has issued a reminder to all agents to ensure they have the correct redress membership to cover the...

23 May 2019

From: Breaking News

Portal uses Artificial Intelligence to identify potential lettings hotspots

A portal called Oneandonlypro says it’s using Artificial Intelligence to try to identify the top 10 best areas in London for...

23 May 2019

From: Breaking News

Fury over lettings agency owing thousands to landlords and tenants

A lettings agency in the West Midlands is reported to have closed its two offices at short notice, leaving clients angry...

22 May 2019

From: Breaking News

Another warning to government of buy to let sell-off thanks to S21

There’s been another major industry survey revealing that a high number of lettings agents and landlords may quit the private rental...

22 May 2019

From: Breaking News

Rents: Wide variations between regions but small rises in most areas

The latest Your Move lettings index for England and Wales shows the average rent stagnating - rising just 0.5 per cent...

22 May 2019

From: Breaking News

Council says its own lettings agency ‘saves hundreds of thousands’

A council claims that its decision to set up its own lettings agency has prevented homelessness for almost 50 families and...

20 May 2019

From: Breaking News

National Approved Letting Scheme rebrands as safeagent

The National Approved Letting Scheme has rebranded as safeagent.  NALS has helped coordinate the safeagent campaign since 2011, focussing during that time...

20 May 2019

From: Breaking News

Fees Ban: agents must prepare immediately, trade body urges

ARLA Propertymark is urging agents across England and Wales to ensure they have every preparation in place for the arrival of...

20 May 2019

From: Breaking News

Seven new Hunters branches this year so far, with more to come

Hunters says it’s opened seven new branches this year so far - well ahead of the three it had launched at...

20 May 2019

From: Breaking News

£2m of new acquisition deals to come, says franchise giant Belvoir

Belvoir, the UK's largest property franchise, says its trading during the first quarter of this year suggests it’s outperforming its expectation...

17 May 2019

From: Breaking News

How you CAN increase your chargeable fees and JUSTIFY it

With the Tenant Fee Ban obliterating a key income stream, letting agents should be looking at ways they can increase the...

16 May 2019

From: Sponsored Content

MP to intervene over wound-up lettings agency owing £30,000

An MP says he will raise with local police chiefs a series of claims from landlords and tenants concerning a lettings...

16 May 2019

From: Breaking News

Shock as agency backs Fees Ban - and gives its profits to the homeless

An estate agency that describes itself as a ‘social enterprise’ says it will spend its profits on the homeless and related...

15 May 2019

From: Breaking News

Ex-Countrywide team snap up lettings book - and then they go green

London agency Stirling Ackroyd - owned by Nick Dunning Associates, led by senior ex-Countrywide staff - has snapped up another independent...

15 May 2019

From: Breaking News

Brexit impact on London lettings not as bad as expected - at least yet...

The impact of Britain’s decision to leave the European Union has not hit the central London lettings sector as much as...

15 May 2019

From: Breaking News

Landlords selling up made average gain of £80,000 in 2018

The typical landlord who sold a rental property in England and Wales made a gross gain of £79,770 before tax last...

13 May 2019

From: Breaking News

Independent agent network partners with PropTech platform Goodlord

The newly-formed Federation of Independent Agents (FIA), the network set up by former Property Franchise Group managing director Graham Lock, has...

10 May 2019

From: Breaking News

Shop ‘til you pop-up? National agency launches shopping centre branch

National sales and lettings agency Martin & Co has launched what it calls a 'pioneering new service' in the North East. The...

09 May 2019

From: Breaking News

Deposit replacement scheme partners with 26-branch independent network

Tenancy deposit alternative Reposit has announced a partnership with Pattinson, the largest independent agency network in the North East. The 26-branch network...

09 May 2019

From: Breaking News

Agents made to pay record sum to consumers in 2018, says Ombudsman

The Property Ombudsman (TPO) has released its annual report for 2018, showing that for the first time the value of awards...

08 May 2019

From: Breaking News

Lettings expert sounds Airbnb warning to landlords

A rental market expert is urging landlords to be cautious when considering to use short-term lets websites such as Airbnb to...

08 May 2019

From: Breaking News

ESTAS 2019 reveal major lettings sector supplier as ‘big day’ nears

HomeLet, the tenant referencing and specialist letting insurance company, has been announced as an ESTAS partner for the Estate & Letting...