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KEYWORD "Midlands" - 101 RESULTS
Independent agency snapped up by private equity-funded firm

Lomond’s John Shepherd brand has acquired a small Birmingham lettings agency, Xact Lettings. No figure is given for the number of lettings...

11 June 2024

From: Breaking News

Rents may be rising again over the summer - new prediction

The latest Rental Index from PropTech platform Goodlord shows rents hit their highest levels since October over the last month.  Rents across...

05 June 2024

From: Breaking News

Build To Rent provider claims record breaking rental unit growth

Build To Rent provider Sigma Capital says it’s enjoyed a record breaking period of growth. Over 2023 and so far in 2024...

30 May 2024

From: Breaking News

Most homes cheaper to rent than buy, even with large deposit

A third of homes currently for sale can be bought with a mortgage and monthly repayments that cost less than the...

20 May 2024

From: Breaking News

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

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

03 May 2024

From: Breaking News

Rent rises moderating as market stabilises ahead of summer

The latest Rental Index from Goodlord reveals that rents are now up by 5.7% over the year.  The price per property over...

02 May 2024

From: Breaking News

Under half of homes listed to let are actually available - industry figure’s claim

A controversial rental sector figure claims over half of the properties listed to let are actually available for a tenant to...

29 April 2024

From: Breaking News

Franchise group claims letting agents revenue could be £100k a year

Property investment and management company The Sourced Group says its new lettings division which “presents franchisees with the chance to generate...

18 April 2024

From: Breaking News

Deposit Alternative service plays up ‘unaffordable’ rents

A deposit alternative service claims the cost of rent has outpaced salary growth by 5.2% over the past 10 years, leaving...

18 April 2024

From: Breaking News

Acquisition of agency network, 60 staff and 1,100 lettings portfolio

An agency has snapped up a substantial regional firm involving 60 staff, 1,100 properties under management, as well as commercial, new...

17 April 2024

From: Breaking News

Demand cools and supply rises - new lettings analysis

Rents rose 9% on average in the UK in Q1 2024 compared to the same period in 2023, says flatshare site SpareRoom. Out...

16 April 2024

From: Breaking News

Managing agent bags hundreds of homes in new deal with L&G

Property management and facilities firm Pinnacle is to become the leading managing agent for Legal & General Affordable Homes. In recent weeks, the...

16 April 2024

From: Breaking News

Lomond acquires another regional agency

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

11 April 2024

From: Breaking News

Rents over a quarter higher than at the start of Covid - new stats

The latest rental data from PropTech supplier Goodlord has shown that March rents are now up by over 6% year-on-year.  And looking...

05 April 2024

From: Breaking News

Industry boss slams government for ‘grandstanding’ on rent issues

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

03 April 2024

From: Breaking News

Renting cheaper than owning for most first time buyers says Halifax

For first time buyers, renting is cheaper than buying in most of the UK according to new data from the Halifax.  London, the...

27 March 2024

From: Breaking News

Rents Still Rising in most areas of UK

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

14 March 2024

From: Breaking News

Latest Rent Changes and Voids revealed in fresh analysis

The latest Rental Index from PropTech supplier Goodlord has recorded a rent rise and a reduction in void lengths over the...

04 March 2024

From: Breaking News

Agency pays £20,000 to employee for Injury To Feelings

A high profile lettings agency has had to pay almost £22,000 in damages to an employee who raised concerns about safety...

01 March 2024

From: Breaking News

Final 48 hours for Property Awards nominations

Property professionals have less than 48 hours to submit entries for the Midlands PROPs Awards.  The search for the very best of...

28 February 2024

From: Breaking News

Historic agency snaps up independent lettings business

Cotswolds and Midlands agency Sheldon Bosley Knight has snapped up a small independent lettings business. Stratford-based Charles Saville Limited adds more than...

22 February 2024

From: Breaking News

AI - many agents are optimistic about Artificial Intelligence

Almost half of more than 400 letting agents quizzed for a new study have expressed their optimism about the impact of...

06 February 2024

From: Breaking News

Heating Private Rental Properties - council claims EPC success

The number of private tenants in properties that are hard to heat has fallen, a council claims. As agents will know private...

06 February 2024

From: Breaking News

Voids and rents show market “isn’t cooling down anytime soon”

Rents have risen seven per cent in the past year while voids have lengthened in the past month - although remain...

02 February 2024

From: Breaking News

Build To Rent investment rockets, focussed on major cities

The latest Build To Rent report prepared by lettings agency Savills claims 2023 saw a total of £4.5 billion of investment...

01 February 2024

From: Breaking News

Over-50 year old first time buyers show significant increase

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

30 January 2024

From: Breaking News

New Year Bounce - strong start to 2024 housing market says Zoopla

A return of pent-up demand and mortgage rates falling below five per cent have boosted the start of the year for...

29 January 2024

From: Breaking News

First two agencies join new self-employed ‘brokerage’ model

Two agencies have today joined eXp UK, the platform which now wants existing branch-based firm to convert to its self employed...

18 January 2024

From: Breaking News

Most competitive locations for letting agents revealed by research

A new analysis shows that - unsurprisingly - London remains the most competitive region for letting agents, having seen the largest...

16 January 2024

From: Breaking News

Rent rises outstripping inflation for past nine months - agency analysis

A leading lettings agency says 2023 was a record-breaking year for rental growth.   The average rent on a newly let property in...

15 January 2024

From: Breaking News

Lomond snaps up another regional lettings agency

Fast-growing Lomond has snapped up another regional agency - this time one in the Midlands. Centrick - which had a High Street...

12 January 2024

From: Breaking News

Tenants itemise top three priorities in new survey

A survey by one of the industry’s deposit alternative services, flatfair, shows that - unsurprisingly - over 61 per cent rank...

12 January 2024

From: Breaking News

Mystery Shopping key to improving agency service - claim

The Guild of Property Professionals has given its backing to the concept of mystery shopping as a way of improving agents’...

04 January 2024

From: Breaking News

Over 700 CPO homes let by government along doomed HS2 rail line

Newspaper report claims some 710 properties have been put into the private rental market by the government - and they are...

03 January 2024

From: Breaking News

“Challenging” Build To Rent scheme rescued from administration

A Build To Rent scheme which fell into administration two years ago has been rescued by a property developer. Torsion Group has...

03 January 2024

From: Breaking News

2023 goes down as the year of record rents

London has seen the strongest rental growth over the last year according to an analysis by lettings agency Hamptons.   The average rent...

27 December 2023

From: Breaking News

Regional agency celebrates 30 per cent rise in lettings business

Berriman Eaton has reported a 30 per cent rise in its dedicated lettings business since 2020, with more than 420 properties...

13 December 2023

From: Breaking News

Airbnb claims its short lets support thousands of jobs across UK

A new report claims that Airbnb has generated tens of thousands of jobs in the UK and enables people to work...

07 December 2023

From: Breaking News

Rental demand staying high despite approach of Christmas

The latest Rental Index from PropTech firm Goodlord has shown that year-on-year rents are up by 7.3 per cent across England...

06 December 2023

From: Breaking News

Huge lettings book snapped up in deal set to ‘transform’ agency

Lomond has consolidated its growing foothold in the lettings sector after sealing its biggest acquisition to date in the Midlands. In what...

21 November 2023

From: Breaking News

Agent’s Affordability Warning - not all tenants will really benefit

A prominent lettings agent says there’s been a definite improvement in rental affordability in most areas - but he doubts all...

21 November 2023

From: Breaking News

Tenant demand and rents up - supply stays stubbornly low

Over seven in 10 landlords report rising tenant demand during the third quarter – a new record high, research conducted on...

14 November 2023

From: Breaking News

Lomond snaps up another independent agency’s lettings book

Lomond has snapped up another lettings book - it’s of the Royston & Lund agency in the East Midlands. The 600 properties...

26 October 2023

From: Breaking News

RICS warns that rents are to go still higher as demand soars

The latest lettings market survey by the Royal Institution of Chartered Surveyors shows rental demand continuing to rise.  A net balance of...

12 October 2023

From: Breaking News

Pressure from High Demand As Intense As Ever - new stats

Rent levels and voids held steady over the past month with strong demand keeping annual price growth at nearly eight per...

06 October 2023

From: Breaking News

Agency makes fifth lettings acquisition of the year

Midlands-based land and property company Sheldon Bosley Knight has made another lettings acquisition - its fifth in 2023. Leicestershire-based Andrew Granger &...

05 October 2023

From: Breaking News

Huge scale of rental sector reliance on mortgages revealed

The buy to let sector appears more heavily reliant on mortgages than some analysts have previously suggested. Specialist lending service Octane Capital has...

02 October 2023

From: Breaking News

Huge number of renters struggle to make payments - Which?

An estimated seven million UK households are struggling to keep up with their rent or mortgage payments, Which? warns, with millions...

28 September 2023

From: Breaking News

Underpaid and Undervalued - agents unhappy with their lot

New research shows that the majority of letting agents believe they are not paid sufficiently for their work. Research from the Goodlord...

26 September 2023

From: Breaking News

Many councils enforcing rental regulations face ‘effective bankruptcy’

A survey of local authorities in some of the poorest areas of the country - bodies which enforce many private rental...

06 September 2023

From: Breaking News

Frantic landlord exodus leaves more tenants in situ during sales

A new analysis shows growth in the trend for buy to let properties to be sold with tenants in situ.  The analysis...

23 August 2023

From: Breaking News

Squeeze on tenants not ending any time soon - top agency

A leading agency says the squeeze on tenants facing high rent rises is not going to end anytime soon. The comment -...

17 August 2023

From: Breaking News

Buy To Let yields and capital appreciation show sharp North-South divide

The north of England is outperforming the south when it comes to yields and capital appreciation, a new survey has discovered. In...

16 August 2023

From: Breaking News

Up and Up! Hamptons says rent growth shows no sign of slowing

There are few signs that the pace of rental growth is slackening, warns Hamptons. It says the cost of a new tenancy...

14 August 2023

From: Breaking News

Four! Agency announces fourth lettings acquisition of 2023

Midlands-based agency Sheldon Bosley Knight has acquired its fourth business so far this year - and with it, hundreds of lettings...

07 August 2023

From: Breaking News

“Quite Staggering” Rent Rises Last Month - figures

July was a record breaking month for the rental market, claims a PropTech company. Goodlord analyses tens of thousands of completed tenancies...

02 August 2023

From: Breaking News

Holiday Homes - here’s where they are and what they’re worth

New research reveals that there is an estimated £21.4 billion worth of holiday homes in England and Wales with the South...

12 July 2023

From: Breaking News

Root and branch HMO crackdown on the agenda for council

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

06 July 2023

From: Breaking News

Cost of compliance with new EPC rules will be huge

A new assessment of the average cost to a UK property owner of improving their EPC rating suggests it’s soared to...

30 June 2023

From: Breaking News

Rents spike and voids plummet in fast and furious market

The cost of rent rose in seven of the eight regions monitored by Goodlord during June.  The average cost of rent per...

30 June 2023

From: Breaking News

Renters Reform Bill - angry agent demands meeting with Michael Gove

A regional agent with 3,500 properties under management has written a long letter to Housing Secretary Michael Gove complaining about the...

27 June 2023

From: Breaking News

Historic agency snaps up much-loved family lettings firm

Midlands-based property company Sheldon Bosley Knight has acquired its third business in five months. It’s snapped up Chipping Campden-based Andrew Greenwood Estate...

09 June 2023

From: Breaking News

Build To Rent trade body sets up regional hubs

The fledgling Build To Rent trade organisation, called the UK Apartment Association, is setting up regional hubs. It’s already established ones in...

02 June 2023

From: Breaking News

Tenant demand now at all-time high, research shows

A survey of nearly 700 landlords by Paragon Bank found that 67 per cent experienced increased tenant demand during the first...

11 May 2023

From: Breaking News

Agency targets lettings growth - says new acquisition just the start

Leaders Romans Group has announced another new lettings acquisition. It has snapped up Liberty Gate, a single-office Nottingham-based business which also operates...

03 May 2023

From: Breaking News

TV presenter turns lettings agent and fronts his own advert

Hortons lettings agency Hortons has released a new advertisement featuring daytime TV presenter Kerr Drummond - who also happens to be...

02 May 2023

From: Breaking News

Agents jailed for role in multi-million-pounds drugs crimes

Two agents who helped establish a multi-million-pound drugs ring in two cities have been jailed. Ossama Omar and Mohamed Latif ran Platinum...

21 April 2023

From: Breaking News

Agency network to reveal hitherto-unseen market information

Fast-growing agency network Lomond is launching its own national and regional market information - and it claims it’s using data rarely...

19 April 2023

From: Breaking News

Steady As She Goes - rental market at a standstill

After a hectic period of rent rises it appears that the lettings market is at a standstill according to PropTech firm...

13 April 2023

From: Breaking News

Historic agency launches new state-of-the-art branch

A Midlands-based agency is celebrating its 180th year with the opening of a new flagship office. Sheldon Bosley Knight has launched the...

04 April 2023

From: Breaking News

Former Purplebricks lettings supremo joins rival agency

Spicerhaart has recruited the former head of lettings operations at Purplebricks to a regional role. Emma Fagan will be the new property...

22 March 2023

From: Breaking News

Record high for rents as normal market resumes

Rents across Great Britain hit another record high in February, averaging £1,230 pcm for a newly let home.   The figure - which...

17 March 2023

From: Breaking News

Back With A Bang - rental market surges yet again

After what appeared to be a lull over the New Year, the rental market is firing on all cylinders again according...

03 March 2023

From: Breaking News

Yields rise in areas where rents outstrip capital appreciation

Rental yields have increased by as much as 2.5 per cent in the past year as rent values outperform house prices.  The...

22 February 2023

From: Breaking News

Sign up to scrap tax changes hurting landlords - agents told

A letting agents’ trade body is urging the industry to sign a parliamentary petition calling for the Section 24 changes for...

21 February 2023

From: Breaking News

Agency gets 16th regional office by acquiring independent firm

Midlands-based agency Sheldon Bosley Knight has snapped up an independent firm. It’s Coventry sales and lettings agency Robin Jones which brings just...

21 February 2023

From: Breaking News

Short-stay accommodation provider snaps up another site

Derby-based serviced apartment provider The Stay Company has snapped up another site for its portfolio. The development in Gedling, Nottinghamshire, is called...

15 February 2023

From: Breaking News

Franchise giant snaps up long-standing independent agency

The Solihull branch of Hunters has acquired independent agency Searchers, which was set up back in 1995. Becki Dean, lettings director for...

14 February 2023

From: Breaking News

Rental growth shows no sign of slackening, insists top agency

Rental growth is showing no sign of slackening with average rents up 8.3 per cent on the same time last year...

14 February 2023

From: Breaking News

HMO numbers falling despite need for more rental properties

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

03 February 2023

From: Breaking News

Figures show long-term growth of private rental sector

A debt advisory service claims it has calculated the overall size of the private rental sector. Sirius Property Finance analysed the current...

03 February 2023

From: Breaking News

Lettings Market - latest figures for Rents and Voids

The latest Rental Index from Goodlord shows a mixed market with rents holding steady but voids increasing in certain regions. The cost...

02 February 2023

From: Breaking News

Yields rising - but enough to stop landlords quitting the sector?

Buy to let specialist lender Fleet Mortgages says almost every region of the UK is now seeing increased yields for investors.  The...

25 January 2023

From: Breaking News

Winter dip in rents but voids still low across UK

The rental market remained relatively steady in recent weeks, according to the latest index from PropTech firm Goodlord. Void periods have remained...

05 January 2023

From: Breaking News

House price slowdown hitting every region says Nationwide

The housing market slowdown is gathering pace and has now hit every region of the UK according to the Nationwide. In data...

03 January 2023

From: Breaking News

Ex-agent jumps aboard mould-risk bandwagon

A former lettings agent who now helps tenants take legal action against landlords says 25 per cent of the complaints he...

29 December 2022

From: Breaking News

Agency reveals ‘best rebranding ever seen’

A well known regional lettings agency has completed a £250,000 investment drive that includes a new office and a recruitment campaign. Berriman...

06 December 2022

From: Breaking News

Agent Alert - City Trading Standards team begins clampdown

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

09 November 2022

From: Breaking News

Interest rates up as agent warns public to “wake up and smell the coffee”

The Bank of England has increased its base rate from 2.25 per cent to 3.0 per cent. This is the largest hike...

03 November 2022

From: Breaking News

On and On! Yet another acquisition by Lomond Group

The relentless expansion of Lomond Group continues apace with the acquisition of a Leeds-based independent, ERE Lettings. ERE’s 600 units under management...

13 October 2022

From: Breaking News

Experienced lettings boss aims to help agency expand rentals operation

A prominent agent has been appointed to head the ongoing expansion of a well known firm’s lettings team. James Gwynne has joined...

11 October 2022

From: Breaking News

Voids plummet - key sign of healthy rental market, new survey shows

Currently, the average void period across England is 16.8 days a year. With an average monthly rent of £940, equating to...

03 October 2022

From: Breaking News

Agency claims sales bonanza for Landlords Club members

A Landlords’ Club launched by a Solihull-based lettings agency under a year ago is now acting as a gateway for global...

22 September 2022

From: Breaking News

Another indie agency snapped up by group with private equity cash

The Lomond Group has made another acquisition of an independent lettings firm, this time in the Midlands. Its John Shepherd brand has...

31 August 2022

From: Breaking News

Soaring maintenance costs eat up fifth of rental income

Maintenance costs now account for over a fifth of the average rental income of a property, it’s been claimed. A company called...

26 August 2022

From: Breaking News

Build To Rent schemes out of London claim rapid lettings, low voids

A market snapshot of the growing Build To Rent sector outside of London suggests units are letting rapidly with low voids. Figures...

18 August 2022

From: Breaking News

Airbnb to spend £500,000 promoting visits to key UK region

Airbnb has outlined plans to invest £500,000 to “preserve and showcase the West Midlands' cultural assets and boost tourism in the...

11 August 2022

From: Breaking News

Buyer of online lettings agency shifts customers to High Street branches

The fast-growing Lomond Group of agencies has acquired a major online lettings service. But it's going to manage the properties through physical...

10 August 2022

From: Breaking News

Capital appreciation in prime rentals will be best outside southern England

Capital appreciation over the next five years amongst properties in prime areas of cities and countryside will be strongest in the...

08 August 2022

From: Breaking News

Rents hit record high and voids hit record low - here’s why…

Voids hit what has been described as an historic low in recent weeks, according to PropTech firm Goodlord. It says the average...

02 August 2022

From: Breaking News

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