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KEYWORD "Pound" - 101 RESULTS
50,000 student rental beds in the pipeline - agency figures

Investment in UK purpose-built student accommodation in the first quarter of 2024 has been described as “robust.” A total of 21 transactions...

08 May 2024

From: Breaking News

For Sale! Agency with 42,500 units under management

It's reported that the Lomond estate agency group, which is heavily backed by private equity and which has expanded through serial...

07 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

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

Ground Rents defended by investors’ group

The ongoing debate over ground rents within Government is rapidly becoming a Parliamentary farce that could soon lead to an economic...

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

Rental demand to stay strong as first time buyers struggle

Startling regional differences are acting as barriers to those looking to step onto the property ladder for the first time, according...

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

Banned - Agency cannot let homes for four years; put on rogues’ database

A council has placed a Banning Order on a lettings agency operating unlicensed Houses in Multiple Occupation. Trophy Homes Ltd was hit...

29 April 2024

From: Breaking News

Tax Alert - Agents can urge landlord clients to take part in pilot scheme

HMRC has launched a pilot for the proposed Making Tax Digital service for quarterly reporting - and agents can sign up...

26 April 2024

From: Breaking News

More tenants borrowing to fund deposits on next property - claim

The percentage of tenants borrowing money to fund their cash deposits on their next property has risen over the last 12...

25 April 2024

From: Breaking News

Rental market back to normal in Prime Central London says agency

The Prime Central London lettings market is returning to normality, a prominent agency says. JLL says average rents fell 1.4% between Q4...

25 April 2024

From: Breaking News

Cheaper to buy than rent in every major British city - Rightmove

Rightmove says it’s now cheaper to buy than rent in each of Great Britain’s biggest cities, highlighting why many determined first-time...

24 April 2024

From: Breaking News

Foxtons’ internal lettings data shows market returning to normal

Data from in-the-news agency Foxtons reveals rental applicant demand has increased 9% from February, yet is now still 14% lower year...

24 April 2024

From: Breaking News

Backing for Ground Rent Cap being announced this week

An amendment is expected to be made by the government to its Leasehold and Freehold Reform Bill. The Bill, put forward by...

23 April 2024

From: Breaking News

Rent Controls - Call by Labour MPs in defiance of party policy

Five Labour MPs have put forward an Early Day Motion in the House of Commons calling for rent controls - even...

22 April 2024

From: Breaking News

Agency has not paid Fixed Penalty Notice in dispute over deposit

A statement from a city council claims that a property company failed to attend court in a case of deposit protection,...

19 April 2024

From: Breaking News

Online firm launches budget “self-service” lettings platform

An online lettings platform claims to have launched the first “end-to-end self-service lettings platform” which could save landlords around £3,800. Hello Neighbour...

19 April 2024

From: Breaking News

Rent Ceilings Have Been Reached - agency's stark warning

The chief executive of one of Britain’s largest franchise agency chains is warning that rents may no longer be able to...

18 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

Average rent arrears climb as cost of living crisis bites

Average rent arrears claims climbed to £1,816 in the first quarter of this year. That’s a rise of 27% from £1,435 in...

17 April 2024

From: Breaking News

City Build To Rent Schemes - two new announcements

Developer Beech Holdings has secured planning permission for its luxury development of Build To Rent apartments in Sheffield. Sheffield Gardens will include...

17 April 2024

From: Breaking News

Tenant demand easing at last says agency chief

The UK's rental market is experiencing a slowdown says a lettings chief. Nicky Stevenson, Managing Director of Fine & Country notes that...

16 April 2024

From: Breaking News

Foxtons To Be Sold? Media speculation grows

Lettings giant Foxtons has hired merger and acquisition bankers from Rothschild following pressure from shareholders to sell itself for £160m, the...

15 April 2024

From: Breaking News

Key industry supplier names ex-housing chief as chairperson

The Tenancy Deposit Service, the provider of tenancy deposit protection and dispute resolution services, has appointed Fay Selvan as its new...

11 April 2024

From: Breaking News

Agents facing huge rise in tenant fraud

An analysis of over 600,000 tenancy applications has found that fraudulent applications rose by 140% last year.  The analysis, carried out by...

10 April 2024

From: Breaking News

Top 10 Hotspots for portfolio buy to let investors

Paragon Bank’s analysis of its lending data has revealed the top 10 locations for investment by portfolio buy-to-let landlords, those with...

10 April 2024

From: Breaking News

Rents Under Pressure in parts of London, admits top agency

Supply has continued to build while demand remained steady, which increased downwards pressure on rents in the first quarter of 2024...

09 April 2024

From: Breaking News

Regional Property Awards - the search is on

The search for the best of the property industry is underway as nominations are now open for the 2024 Variety North...

09 April 2024

From: Breaking News

Almost No Reduction in Buy To Let Supply, insists think tank

There’s been at most a one per cent reduction in landlords in the buy to let sector, a think tank claims...

08 April 2024

From: Breaking News

Propertymark bats off surprisingly downbeat housing index

Propertymark has batted away any possible market pessimism as a result of a downbeat price index result from the Halifax  Just before...

08 April 2024

From: Breaking News

“Bold” new Labour reforms for private rental sector coming next month

An influential Labour website says a raft of proposed reforms for the private rental sector will be unveiled next month -...

08 April 2024

From: Breaking News

Third of landlords may sell this year - shock buy to let statistics

Almost one in three buy to let landlords are set to sell up in the next 12 months. That’s the shock statistic...

08 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

Agents should help “hard-pressed tenants” urges industry figure

A deposit alternative company is calling on agents to help tenants save an average of £1,000 on up-front costs. Flatfair chief executive...

04 April 2024

From: Breaking News

Improving market doesn’t solve underlying problems - Propertymark

Promising figures from the latest house price index doesn’t mean underlying problems in the market have been solved, warns Propertymark. UK house...

04 April 2024

From: Breaking News

Massive PropTech boost from Rightmove and finance institutions

Lloyds Banking Group, Nationwide, NatWest and Rightmove have announced a strategic investment in Coadjute, a prominent PropTech business.  This is the first...

03 April 2024

From: Breaking News

Industry boss slams government for ‘grandstanding’ on rent issues

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

03 April 2024

From: Breaking News

Business Boosting Benefits promised at latest Agent Rainmaker event

An industry online event which organisers claim bring business-boosting benefits to attendees, is back for another year. The ARX Mastery Challenge is...

28 March 2024

From: Breaking News

Agents listed on rogues’ database and fined over HMO failures

Managing agents in London have been instructed to pay a £15,000 fine for operating a House in Multiple Occupation without the...

27 March 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

Bank aims to support building of new rental homes

NatWest Group has announced a new package of what it calls ”targeted lending and support” to help local councils provide more...

27 March 2024

From: Breaking News

Rent Control architect threatens new package of ‘reforms’

The politician widely regarded as being the architect of rent controls in Scotland says he will shortly present a wider package...

27 March 2024

From: Breaking News

Expelled! Agency kicked out by Ombudsman for just £1,100

A lettings agency has been expelled from The Property Ombudsman scheme following itsfailure to pay £1,100 out of an adjudicated award...

26 March 2024

From: Breaking News

Homes Under The Hammer - good times are here for auctions

There appears to be more evidence that these are good times for auctions. Network Auctions says it’s witnessed a sales surge, with...

26 March 2024

From: Breaking News

Ground Rents U-turn hailed ‘a victory for common sense’

What appears to be another government housing policy U-turn - this time on ground rents - is being hailed as “a...

26 March 2024

From: Breaking News

Boutique agency snaps up rivals and has cash to buy more

A boutique agency with branches in prime central and south west London has expanded its lettings operation by acquiring two agencies...

25 March 2024

From: Breaking News

New Rental Crisis - big rise in countryside lets as rural house prices soar

England’s county councils want the next government to set out a long-term plan for housing, as a new report claims there’s...

25 March 2024

From: Breaking News

Agent demands end of bizarre rule making tenants pay stamp duty

A prominent lettings agent is calling for an end to what he calls the “archaic” system under which some tenants end...

22 March 2024

From: Breaking News

Co-Living sector grows with key player making another acquisition

Co-living specialist Built Asset Management has snapped up a fourth rival operator in three years.  ProCo-Living joins the BAM business portfolio with...

22 March 2024

From: Breaking News

Government figures show another sharp rent rise

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

21 March 2024

From: Breaking News

Give tax perks to renters to help them buy, urges think-tank

A think tank is urging the UK government to consider tax perks for private renters to help them save faster for...

20 March 2024

From: Breaking News

Property portal claims industry-first with AI investment

A property portal claims it’s struck an industry-first by making a “substantial investment” of over £250,000 in Artificial Intelligence.  The local portal...

20 March 2024

From: Breaking News

Investor and landlord purchases rise, despite soaring taxes

The largest lettings agency in Scotland says purchases by landlords and other investor buyers in that country have risen sharply despite...

20 March 2024

From: Breaking News

Agents’ single demand of government - solve the housing emergency!

Propertymark has urged the Scottish Government to resolve the country’s ongoing housing emergency. The news comes as Scottish Labour MSP Mark Griffin...

20 March 2024

From: Breaking News

Phil Spencer asks: Should Agents Manage Short Let Properties?

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

19 March 2024

From: Breaking News

Energy Efficiency - new RICS standard for agents to launch this year

The Royal Institution of Chartered Surveyors has launched a new Residential Retrofit Standard in a bid to help the housing industry...

19 March 2024

From: Breaking News

Complaints About Agents - huge rise in compensation

There’s been a large rise in complaints and a huge increase in compensation according to figures out today from the Property...

18 March 2024

From: Breaking News

Tory ex-housing minister quits, claiming he was a success

A former housing minister responsible for the sell off of huge numbers of social homes has told the Prime Minister he...

18 March 2024

From: Breaking News

Over £2,150 pcm for new Build To Rent scheme - and it’s outside London

A new Build To Rent scheme launches in Manchester this summer with the first residents moving in during June. The Castings is...

15 March 2024

From: Breaking News

Big rise in Right To Rent fines

There’s been a rise of over 400 per cent in the monetary total of fines issued for Right To Rent offences...

15 March 2024

From: Breaking News

Agency to manage getting empty homes into private rental sector

Owners of vacant properties are being offered an improved incentive to bring their house back into use. Plymouth council is re-launching its...

14 March 2024

From: Breaking News

Foxtons issues warning to landlords as tenant demand drops

The number of new rental instructions in February was 20 per cent higher year-on-year, says London-focused agency Foxtons. Average rent achieved rose...

12 March 2024

From: Breaking News

Airbnb sharing short lets data with another government department

Airbnb - which recently announced it’s sharing some information about its landlord hosts with HMRC - is now sharing data with...

12 March 2024

From: Breaking News

Most would-be buyers say they cannot afford an open-market home

A survey from property portal Share to Buy suggests that over three quarters of buyers believe they cannot afford to purchase...

11 March 2024

From: Breaking News

PropTech sector gives a thumbs down to lacklustre Budget

The PropTech sector has mostly agreed with the rest of the industry in its view on yesterday’s Budget - that it...

07 March 2024

From: Breaking News

OnTheMarket begins new charm offensive to win agents

OnTheMarket is starting another round of its Town Hall in-person sessions - once again in a bid to win agents. Jason Tebb...

07 March 2024

From: Breaking News

Chancellor reveals property tax change in Budget

The Chancellor has used his Budget to confirm a 2p cut in National Insurance, from April 6. This will take it...

06 March 2024

From: Breaking News

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

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

06 March 2024

From: Breaking News

Rental Sector Tax Grab - leading agency boss speaks out

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

05 March 2024

From: Breaking News

Tax Grab - rental sector may not be viable warns Propertymark

The chief executive of Propertymark has made an outspoken attack on the government in response to its latest attempt to extract...

04 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

Tax Raid planned on rental sector in Budget - report

The Budget on Wednesday will contain a £300m tax raid on the rental sector according to a report this morning -...

03 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

Council buys private homes to let to families on waiting list

Caerphilly council in Wales has bought privately owned properties to provide housing for families who would otherwise find themselves in temporary...

01 March 2024

From: Breaking News

Agency launches Platinum Homes service for high-end lettings

Home Counties agency Bridges today launches Platinum Homes, which it describes as “a bespoke sales and lettings service catering to premium...

29 February 2024

From: Breaking News

Industry supplier claims sharp spike in arrears

Data released from Reposit, a deposit alternative service, reveals what it calls “a concerning surge in rent arrears” during the final...

29 February 2024

From: Breaking News

£900 pcm for cheapest flat in 22-storey Build To Rent tower

One of the first Building To Rent schemes in Wales - a 22 storey tower - has seen its first residents...

29 February 2024

From: Breaking News

HMRC reminds agents to update email and instant messaging contacts

Email and instant messaging contact details must be kept up to date for HMRC to contact agents about Anti-Money Laundering supervision. Propertymark...

28 February 2024

From: Breaking News

Student rental income soars as supply lags behind demand

Corporate student accommodation provider Unite Group has reported a big jump in earnings on the back of a shortage of lets...

28 February 2024

From: Breaking News

Shelter lobbies politicians with ‘rental plan to end homelessness’

Shelter is calling for the construction of 90,000 rental properties each year for a decade - and it claims this would...

27 February 2024

From: Breaking News

Top UK cities for 2024 rental potential revealed by industry supplier

Aldermore has named Bristol, as the best city for landlords to invest in for 2024.  Manchester, Coventry, Brighton and London make up...

23 February 2024

From: Breaking News

Agents making special offers to students to clear glut of properties

Letting agents are reported to be making special offers to students in one of the biggest UK university cities. Durham’s student newspaper...

23 February 2024

From: Breaking News

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

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

23 February 2024

From: Breaking News

Agent stole over £40,000 from firm which hadn’t noticed missing money

A letting agent who stole over £40,000 from her employer was caught when a bank queried the use of a company...

22 February 2024

From: Breaking News

Bootcamp claims to have won agents £62m in additional revenue

Agent Rainmaker’s bootcamp for letting agents returns next month. The four day event is run by former ARLA President and Agent Rainmaker...

21 February 2024

From: Breaking News

Renters’ resilience dropping - analyst’s warning

Renters are less financially resilient than recent remortgagers according to an analysis by business consultants Hargreaves Lansdown. It says over two thirds...

21 February 2024

From: Breaking News

Tenants to face lower energy bills - announcement this week

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

20 February 2024

From: Breaking News

Surge in interest for energy efficient homes - Rightmove data

There’s been a surge in enthusiasm for energy efficient homes according to research from heat pump advocates OVO. It says that a...

20 February 2024

From: Breaking News

Foxtons data show rents dip after explosion in volume of rental instructions

Data released today from Foxtons has found that the number of new instructions in January 2024 was 25 per cent higher...

19 February 2024

From: Breaking News

Ukrainians given visa extension - likely impact on private rental sector

Ukrainians who came to the UK following the Russian invasion will be able to apply for 18-month extensions to their visas,...

19 February 2024

From: Breaking News

Report downplays ‘posh’ image of Build To Rent flats and tenants

A new report suggests that past impressions of Build To Rent and other institution-funded rental units as expensive and concentrating on...

19 February 2024

From: Breaking News

Lettings Giants Merge - final shareholder approval secured

The merger of two of the largest names in the lettings industry has passed its final hurdle. Belvoir shareholders have now backed...

16 February 2024

From: Breaking News

Nearly two-thirds more homes to let in Prime London than a year ago

Rental growth across prime London slowed again in January, with average rents falling on a monthly basis for the third time...

16 February 2024

From: Breaking News

New tenant referencing service launches today

VISTA, a tenant referencing service first announced back in November, launches today. Insurance and referencing service HomeLet says the product will “provide...

15 February 2024

From: Breaking News

Regulating agents will make property ownership more transparent - claim

Propertymark says the regulation of property agents and the creation of a statutory Code of Practice can improve the transparency of...

14 February 2024

From: Breaking News

Purplebricks boss slams Tories in unexpected attack

While most agents remain relatively tight lipped about party politics, the chief executive of Purplebricks has said the Tories should take...

13 February 2024

From: Breaking News

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