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KEYWORD "Pay" - 100 RESULTS
Rent up to £25,000 a week splashed out by super-rich tenants

Some of the richest people on the world, who use London as one of their bases, are choosing to rent rather...

28 August 2024

From: Breaking News

Zoopla tells letting agents exactly how much it does for them

Leading property website Zoopla has delivered strong results for letting agents in the run-up to the busiest time of year for...

27 August 2024

From: Breaking News

Council bid to run private lettings agency ends in failure

A lettings agency set up by a council to buy properties on the open market and let them at open market...

27 August 2024

From: Breaking News

Scrapping Section 21 isn’t such a big deal, claims top agent

The abolition of Section 21 isn’t really that big a deal, a prominent lettings agent claims. Kristjan Byfield, who runs the base...

23 August 2024

From: Breaking News

First details released for Agent Rainmaker’s latest flagship event

Letting agents keen to scale their business fast are being encouraged to attend what the organisers call “an industry flagship event”...

22 August 2024

From: Breaking News

Prospective tenants lose millions through rental scams

Consumer organisation Which? claims there are some 1,000 reports of rental fraud scams a month at this time of year. It says...

20 August 2024

From: Breaking News

Four buyers in the frame to pay £100m for Lomond - report

It’s being reported that Lomond Group, the chain of lettings agencies owned by a division of Lloyds Banking Group, is likely...

19 August 2024

From: Breaking News

Tenants in ‘misery’ thanks to high rents - claim

New figures showing no slowdown in the rate of private rental inflation is just additional “misery” for tenants, a leading financial...

16 August 2024

From: Breaking News

Rents so high they make mortgage-saving nearly impossible - claim

One in 10 UK tenants are now spending at least 60% of their take home salary on their rent, according to...

16 August 2024

From: Breaking News

Sixth PropTech award of 2024 for automated rental platform

Automated rental payment platform PayProp has been named the Overall PropTech Company of the Year at the 2024 PropTech Breakthrough Awards. This...

16 August 2024

From: Breaking News

Tax expert says ‘act now’ over Furnished Holiday Lettings change

A tax expert is advising anyone involved in the furnished holiday lettings sector to ‘act now’ ahead of upcoming tax changes. Ben...

14 August 2024

From: Breaking News

Labour has “golden opportunity” to solve renting crisis says agency boss

The new Labour government has a “golden opportunity its” to resolve the rental crisis, but must give clarity to the industry...

12 August 2024

From: Breaking News

Law Society says evictions risk “tens of thousands losing their homes”.

The Law Society claims over 29,000 eviction claims in recent months leave “tens of thousands at risk of losing their homes.” The...

09 August 2024

From: Breaking News

Buy To Let property purchases plummet as tax threats mount

The number of buy to let property purchases in the UK fell 14% from 224,700 in 2022/23 to 193,700 in the...

08 August 2024

From: Breaking News

Purplebricks backs Labour plans ‘because rental sector is a mess’

The chief executive of Purplebricks says he’s backing Labour’s house building plans because of the state of the private rental sector.  Sam...

08 August 2024

From: Breaking News

PropTech integration aims to improve agents’ offer to tenants

Rent Reporting platform CreditLadder has integrated into SME Professional, a software service sold to the letting and sales industries. It says...

06 August 2024

From: Breaking News

Tories’ Section 24 tax change leaves some “with precarious finances”

A report from Propertymark has laid out the stark and in some cases unforeseen consequence of the Conservative government’s phased removal...

05 August 2024

From: Breaking News

Capital Gains Tax revenue up as buy to let investors quit

New figures published by HMRC show a 7% rise in Capital Gains Tax liabilities on the sale of residential property in...

05 August 2024

From: Breaking News

Stealth Tax strikes property once again, claims financial expert

New figures show the average inheritance tax (IHT) bill in 2021/22  rose to a new high of £215,000.  The number of estates...

02 August 2024

From: Breaking News

Ex-rental properties make up well over 10% of sales listings

A new analysis by Zoopla suggests and one in eight homes currently for sale were previously let out. The portal says this...

02 August 2024

From: Breaking News

Interest Rate Decision - it’s touch and go, admits analyst

The chance of the Bank of England deciding to cut base rate today and thus trigger further interest rate cuts, is...

01 August 2024

From: Breaking News

Agents demand leasehold reforms make transactions easier

Propertymark is urging the UK government to implement reforms that will make it more cost effective and simpler for people to...

31 July 2024

From: Breaking News

Co-living and Build To Rent link-up for deposit alternative service

Deposit alternative service flatfair has entered a partnership with Fresh, a Build To Rent and co-living operator. Instead of paying a traditional...

30 July 2024

From: Breaking News

Rightmove backs Labour efforts to turn renters into first time buyers

Rightmove has thrown its weight behind the new Labour government’s bid to help first time buyers - and it wants it...

29 July 2024

From: Breaking News

Trusted lettings manager stole £30,000 from company

A court has heard that a trusted lettings manager was discovered to have been diverting company funds to her personal bank...

29 July 2024

From: Breaking News

Awaab’s Law extended to private renting welcomed by tech experts

The Building Engineering Services Association has welcomed the new government’s commitment to reinforce the rules that require landlords and their agents...

26 July 2024

From: Breaking News

Time to modernise deposit system, says family-owned agency

A lettings agent says ‘times are changing with deposits” and claims more landlords and tenants are choosing alternatives.  The comment by Paul...

26 July 2024

From: Breaking News

Section 21: Only small proportion of renters evicted, official data shows

The latest edition of the English Housing Survey reveals precisely how relatively rarely Section 21 is used. Data from the survey analysed...

25 July 2024

From: Breaking News

Half of tenants living with damp or mould - charity’s claim

Citizens Advice claims that 45% of private renters in England are currently experiencing damp, mould or excessive cold in their home,...

24 July 2024

From: Breaking News

Latest house-building figures just 50% of what Labour wants

Figures from the National House Building Council show that housebuilding is currently running at only half the rate the new Labour...

24 July 2024

From: Breaking News

Get Stuck In! - Agents told to campaign to change Labour’s Renters Rights Bill

Agents are being urged to campaign to change Labour’s Renters Rights Bill to stop it damaging the lettings industry. Neil Cobbold, commercial...

22 July 2024

From: Breaking News

Will new unfair dismissal rules hit lettings agencies?

While much of the property industry’s response to the King’s Speech focussed on government plans for rental sector and planning reform,...

18 July 2024

From: Breaking News

Ending S21 is fine says leading agent - but safeguards needed

The government’s renewed pledge to end Section 21 eviction powers for agents and landlords is fine, a leading industry figure has...

18 July 2024

From: Breaking News

Cost Of Rent Day launched by free-market think tank

The right wing think tank the Adam Smith Institute has launched something called the Cost Of Rent Day. The institute has calculated...

17 July 2024

From: Breaking News

Tenants get agents’ advice on how to “jump the rental queue”

A lettings agency is offering tenants guidance on what it calls “how to jump the rental queue.” Benham and Reeves outlines a...

17 July 2024

From: Breaking News

Households will have to invest in Green technology - Carney

Former Bank of England governor Mark Carney is warning that homeowners, including those serving the private rental sector, will have to...

12 July 2024

From: Breaking News

Deposit alternative provider claims record first half of year

Deposit alternative provider flatfair claims to have enjoyed a record-breaking start to 2024, forming 61 new partnerships.  These include Concept Estate Agents,...

12 July 2024

From: Breaking News

Agents warn Rayner - “don’t scrap Section 21 without a replacement”

Propertymark has warned Labour’s Deputy Prime Minister against scrapping Section 21 eviction powers without an adequate replacement. If Angela Rayner does fulfil...

11 July 2024

From: Breaking News

Tenants reveal biggest ‘deal breakers’ when looking for rental property

Data sourced from millions of Barclays current accounts reveals spending on rent and mortgages rose just 1.5% year-on-year in June –...

11 July 2024

From: Breaking News

Labour’s Housing Policies - next five years start today

The biggest rental sector headline from Labour’s manifesto may well be its pledge for the “immediate” abolition of Section 21 eviction...

05 July 2024

From: Breaking News

Most self-managing landlords regard property as their full time job

Over 50% of landlords regard the management of their properties as a full-time job, a survey by a buy to let...

04 July 2024

From: Breaking News

Labour will regulate lettings because it's a cheap option - claim

Labour is likely to make rental sector reform and regulation a priority - at least partly because it will be low-cost...

03 July 2024

From: Breaking News

Agents have “toughest job” in era of high rent rises - claim

Letting agents have the toughest job trying to balance the needs of landlord and tenants while politicians create uncertainty around the...

03 July 2024

From: Breaking News

Agents managing HMOs without licences hit by council fines

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

02 July 2024

From: Breaking News

Warning - ‘new normal’ interest rates to be far higher than before

Although much focus is on the Bank of England and when it will begin to cut interest rates, a sobering warning...

01 July 2024

From: Breaking News

Agency that Refurbs and offers Guaranteed Rent is expanding

A lettings agency that works by giving a fixed rental income to its landlord clients each month, and paying for the...

27 June 2024

From: Breaking News

Agents prefer PropTech to extra staff to ease workload

PropTech - not more staff - can make letting agencies more productive and reduce costs. A new rental confidence survey of lettings...

27 June 2024

From: Breaking News

Want your agency to be successful? Then pay staff more!

Paying staff too little is a sure-fire way to hinder growth and profits, according to letting expert and former ALRA President,...

25 June 2024

From: Breaking News

Activist claims “horrendous exploitation” by “profiteering” letting agents

The deputy chief executive of an organisation funded by the Nationwide Foundation claims to have suffered “horrendous exploitation” at the hands...

25 June 2024

From: Breaking News

Bidding Wars - letting agents mostly to blame, says campaigner

A ban on so-called bidding wars, which Labour now proposes, would have to include letting agents as well as landlords a...

24 June 2024

From: Breaking News

Tenants skip food and heat to pay rent, claims industry group

The Deposit Protection Service's charitable foundation claims that a significant proportion of tenants who have recently moved are cutting back on...

21 June 2024

From: Breaking News

Soaring Council Tax Arrears prompts call for new bailiff rules

Outstanding council tax arrears have soared according to new government figures. Data from he Department for Levelling Up, Housing and Communities shows...

21 June 2024

From: Breaking News

Labour to ban bidding wars and high upfront rental payments

Labour has stepped up its programme clamping down on what it calls “unscrupulous landlords strangling growth.” Specifically this means ending bidding wars,...

20 June 2024

From: Breaking News

Renting Still Cheaper Than Buying with a 5% Deposit

Would-be buyers with a 5% deposit face paying £300 per month more in mortgage repayments than if they continued renting, says...

19 June 2024

From: Breaking News

Energy Performance Certificates slammed as “inaccurate”

Energy Performance Certificates can be riddled with inaccuracies and give unhelpful advice to property owners. That’s the view of consumer service Which? Which?...

18 June 2024

From: Breaking News

Material Information - PropTech tool launched to help agents

Reapit has launched a new feature to help agents comply with material information guidelines from the National Trading Standards Estate and...

14 June 2024

From: Breaking News

Shelter backs Labour eviction and housing policies

Shelter has spoken out in favour of what it calls “bold” commitments by Labour on the private rental sector and house...

14 June 2024

From: Breaking News

Election and Lettings - free webinars explain what’s happening

Two webinars between now and General Election Day will seek to explain what the manifesto pledges mean for the lettings and...

14 June 2024

From: Breaking News

Proposed Capital Gains Tax rise would hit rental sector

A political party has proposed that Capital Gains Tax be equalised with Income Tax - meaning landlords and investors who sold...

13 June 2024

From: Breaking News

New PropTech tool launched by Goodlord

PropTech supplier Goodlord is launching something called Complete Tenancy Management This claims to give agents tools to manage a tenancy over its...

12 June 2024

From: Breaking News

Agents Distinctly Underwhelmed by Tories’ manifesto pledges

Agents, and others in the lettings industry, have given a sceptical response to the Conservative manifesto and its varied pledges about...

12 June 2024

From: Breaking News

Word-for-Word - Conservative Rental and Housing Manifesto Pledges

The Conservatives have this afternoon set out a 78-page manifesto, of which just over two pages are given to housing and...

11 June 2024

From: Breaking News

Agents’ Election Briefing - free webinar update on industry issues

The future of the UK lettings market will be determined by the July 4 election and now PropTech player Reapit |...

11 June 2024

From: Breaking News

We Can’t Pay More! Affordability crisis dents London lettings market

London’s rental market has weakened in recent months according to the fledgling online service Hello Neighbour. Rents are 1% down compared to...

11 June 2024

From: Breaking News

Renters increasingly reconciled to not owning a home in future

Data sourced from millions of bank accounts reveals spending on rent and mortgages increased 6.3 per cent year-on-year in May. Barclays data...

11 June 2024

From: Breaking News

Would Tories’ Stamp Duty Policy really turn renters into buyers?

Over the weekend the Conservatives pledged that if elected on July 4 they would permanently scrap stamp duty for first time...

10 June 2024

From: Breaking News

Stamp Duty Challenge - Tories pledge 'no change' but will Labour follow?

The housing market has suddenly become a major part of the General Election campaign as a result of a challenge thrown...

07 June 2024

From: Breaking News

Lettings agency chain in three year PropTech tenancy management deal

The 85 branches of Spicerhaart have signed a three-year partnership with The Lettings Hub to use its tenancy management platform. Spicerhaart also...

06 June 2024

From: Breaking News

The Property Franchise Group new deal worth £5m more than early reports

More details have emerged of the deal - reported on Letting Agent Today and Sky News on Sunday - for Property...

04 June 2024

From: Breaking News

Agency will have 1,800 branches following latest acquisition

The Property Franchise Group is buying the Fine and Country chain, plus the membership body the Guild of Property Professionals. The deal is worth...

03 June 2024

From: Breaking News

Eviction Court Delays still in place for new government to resolve

A prominent solicitors’ firm says the failure of the Renters Reform Bill to become law may have attracted headlines but the...

03 June 2024

From: Breaking News

Stamp Duty Change from Tomorrow - reminder to agents

As a result of an announcement back in March, in the government’s final Budget, a major change to stamp duty comes into...

31 May 2024

From: Breaking News

Rental Eco-grants and first time buyer help - Rightmove’s Election Wishlist

Rightmove has produced five core demands on behalf of the rental sector, which it would like the next government to meet. These...

31 May 2024

From: Breaking News

Mydeposits custodial scheme - new platform launched

A new platform for the mydeposits custodial scheme has launched this week, incorporating features inspired by feedback from members and designed...

31 May 2024

From: Breaking News

Reviews are key to success in saturated market - claim

An insurance firm’s assessment of how to market a holiday let successfully claims that strongly favourable reviews are far and away...

29 May 2024

From: Breaking News

Council-run lettings agency claims to beat  rivals on fees and upfront rent

A council-run lettings agency called YorHome is offering new incentives to woo private landlords away from conventional agents. Besides offering what it...

28 May 2024

From: Breaking News

Warning To Labour - Rent Controls Just Won’t Work

If Labour plans to bring in rent controls they won’t work, a property association has warned.  The National Association of Property Buyers...

24 May 2024

From: Breaking News

Today - ESTAS shortlists for three top industry awards

The ESTAS has revealed the nominations for three of its most prestigious categories to complete the shortlist for the 2024 awards. The...

24 May 2024

From: Breaking News

Beef Up Renters Reform Bill to stop even more evictions - call

A charity claims that new official figures on rent rises will “create more worry among private renters.” StepChange charity is referring to...

23 May 2024

From: Breaking News

Half of Agents say they Don’t Know who they’ll vote for

Around half of letting agents and landlords say they are unsure about how they will vote in the General Election. A joint...

23 May 2024

From: Breaking News

Record business claimed by deposit alternative service

Deposit alternative provider, flatfair, has reported record figures for the first quarter of 2024. From January to March, 56% of tenants chose...

23 May 2024

From: Breaking News

Shock figures show half of tenants struggle to find next home

Half of all tenants who moved during the past 12 months found it ‘difficult’ or ‘very difficult’ to secure a new...

22 May 2024

From: Breaking News

Agents encouraged to get mystery shopping analysis of performance

Letting agents are being encouraged to sign up so a mystery shopper can assess their performance. KnowYourMarket, a market research firm in...

21 May 2024

From: Breaking News

Tenants Renewing on Existing Contracts hit with high rent rises - new data

Tenants renewing an existing contracts have been faced with high rent rises according to Hamptons lettings agency. It says they rose 8.3%...

21 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 on Inflation expected this week

Inflation is expected to drop sharply in the April figures due out this week. The Office for Budget Responsibility and Bank of...

20 May 2024

From: Breaking News

Tenant Turnover - landlord sales and not evictions are chief cause

Some 50% of tenants who moved last year did so because their landlords decided to sell the property.  By contrast, eviction was...

16 May 2024

From: Breaking News

Far cheaper to rent than to buy in London - new figures

Londoners looking to buy a home can expect to spend 42% more on monthly mortgage payments than tenants pay on rent,...

16 May 2024

From: Breaking News

Pity The Poor Renter - analyst says tenants face tough conditions

An Office of National Statistics survey shows that the top three issues facing the UK are still the cost-of-living crisis (89%),...

16 May 2024

From: Breaking News

Banned - rogue agents disqualified for abusing Covid loan scheme

The husband-and-wife directors of a Cornish lettings and estate agency have been disqualified from being company directors for a combined 12...

15 May 2024

From: Breaking News

Tax - that’s why rents are rising so much

Propertymark has given its view on why private rents have risen so much - 6.1% in England, 7.0% in Wales and...

15 May 2024

From: Breaking News

Election Gimmick Stamp Duty Cut would trigger evictions - claim

A stamp duty cut in the run up to a General Election would see house prices go up and evictions soar,...

15 May 2024

From: Breaking News

UK’s most lucrative locations for holiday let income

The Cotswolds is the most lucrative place in the UK to own a holiday let, according to Sykes Holiday Cottages. With annual...

14 May 2024

From: Breaking News

Labour must come clean on Business Rates, says agency

A prominent agent campaigning for business tax reform is urging Labour to come clean on its policies for business rates and...

03 May 2024

From: Breaking News

Property management firm hit with £500,000 health and safety fine

A housing company has been fined £528,000 after an employee repairing a fence post inadvertently struck an underground cable, suffering burns...

03 May 2024

From: Breaking News

Agency urges second home owners to be Airbnb hosts for tax reasons

The head of a lettings agency in Kent says it would be a “practical solution” for second home owners to become...

02 May 2024

From: Breaking News

Agents urged to understand key tenancy agreement differences

A call has gone out from an industry group for letting agents to be sure they know the distinctions between statutory...

01 May 2024

From: Breaking News

Tory says councils lose out by levying second home taxes

A politician is claiming that second home council tax premiums, where owners pay up to double the normal rate, is resulting...

01 May 2024

From: Breaking News

50,000 new rental homes needed to meet historic demand - Rightmove

Rightmove says there are still nearly 50,000 rental properties needed to head back to the pre-pandemic level of rental supply. The latest...

30 April 2024

From: Breaking News

ESTAS announce new PropTech headline partners for 2024

The ESTAS, the customer review and awards platform, has unveiled new headline partners for 2024. Reapit and PayProp will become the Headline...

29 April 2024

From: Breaking News

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