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Student rental block purchased after largest-ever crowdfunding

A rental investment platform is claiming to have succeeded with the world’s largest property crowdfunding exercise, raising £2,992,800. Property Partner says it...

26 October 2017

From: Breaking News

'Top Slicing' mortgages may allow more lettings sector borrowing

Consumer organisation Which? says a handful of buy to let mortgage lenders have found a way of helping so-called ‘portfolio landlords’...

24 October 2017

From: Breaking News

Agents told they can minimise impact of fees ban - if they act now

Letting agents are being warned that they can minimise the impact of the fees ban levied on tenants by being proactive...

27 September 2017

From: Breaking News

Which? warns BTL borrowers could be rejected for mortgages

Consumer group Which? is warning that buy to let investors with multiple properties in one locality could risk being turned down...

19 September 2017

From: Breaking News

UK buy to let investors slipping down European league table

Yields from buy to let in the UK are now amongst the worst in Europe according to a new league table drawn...

19 September 2017

From: Breaking News

Court imposes confiscation order of over £1m on disgraced letting agent

A former letting agent from Kettering has been ordered to pay a confiscation order of over £1m made under the Proceeds...

15 September 2017

From: Breaking News

Belvoir posts impressive results, despite 'challenging' market

Belvoir, the UK's largest property franchise group, has reported an increase in profit and revenue in the first six months of...

06 September 2017

From: Breaking News

Agents should beware growing ID fraud, warns reference provider

Reference provider Rent4sure says agents should beware of the growing issue of online identity fraud, especially hitting people in their 30s.   A...

29 August 2017

From: Breaking News

Surge in Airbnb-style short lets 'is down to tax relief change'

More landlords are quitting conventional letting and resorting to holiday lets or, increasingly, Airbnb-style short lets.    The move is particularly acute in...

24 August 2017

From: Breaking News

Nationwide profits dive thanks to clampdown on buy to let

  Nationwide - the UK's second largest buy to let lender - has reported a 20 per cent drop in profits and admits...

14 August 2017

From: Breaking News

Fifth of landlords to sell one or more units this year, trade body says

A survey of almost 3,000 landlords suggests more than one in five plans to sell at least one of their investment...

14 August 2017

From: Breaking News

Flat fees on buy to let mortgages now at one-year low, says top broker

The flat fees for buy to let mortgages are now lower than they have been at any point in the past...

19 July 2017

From: Breaking News

'PropTech is the answer to lettings sector problems, not a cause'

A head of a company providing hi-tech products to letting agents says technology is the answer to current rental industry challenges,...

06 July 2017

From: Breaking News

NLA to offer landlords free advertising through TheHouseShop

The National Landlords Association (NLA) has agreed a partnership with property marketplace TheHouseShop. The website is now one of the NLA's recognised...

16 June 2017

From: Breaking News

Landlords and agents warned about rent guarantee insurance

A specialist insurance provider has reminded landlords and letting agents of the pitfalls associated with rent guarantee insurance.  Cover4LetProperty suggests that squeezed...

13 June 2017

From: Breaking News

Belvoir reports specific lack of rental stock in market towns

The latest analysis of buy to let trends by letting agency franchise chain Belvoir has identified a specific lack of rental...

05 June 2017

From: Breaking News

Watch out for increased letting agent fees, warns online operator

Online lettings agency Upad claims 20 per cent of landlords are set to increase their rents to their tenants thanks to...

30 May 2017

From: Breaking News

Small-scale BTL investors 'waking up to tax change' says trade group

Single property landlords are finally waking up to the fact they could be pushed in to a higher tax bracket following...

22 May 2017

From: Breaking News

Half of buy to let investors vague on cost of mortgage interest change

Almost half of the investors in the private rental sector do not know what the changes in mortgage relief will cost...

10 May 2017

From: Breaking News

Buy to let owner accused of creating 'miserable' living conditions

A landlord who exposed tenants to “miserable” living conditions because of fire safety hazards has been prosecuted by a local authority.    The...

02 May 2017

From: Breaking News

Firm leading opposition to BTL tax change says HMOs hit less badly

A property firm at the centre of the campaign against phasing out landlords’ mortgage interest relief says is urging tenants to...

19 April 2017

From: Breaking News

Councils want 'tiny' flats banned and jail for rogue landlords

A body representing 370 councils in England and Wales wants the government to close a legal loophole which allows the conversion...

12 April 2017

From: Breaking News

Agency claims many landlords don't know of buy to let tax changes

Almost 20 per cent of the landlords using an online letting agency are apparently unaware of the mortgage interest tax relief...

11 April 2017

From: Breaking News

Almost half of 'victimised' buy to let investors ready to quit

A new study of landlords reveals that far more believe they will be affected by today’s buy to let mortgage interest...

06 April 2017

From: Breaking News

Long-standing campaigner against tax change restates opposition

Steve Bolton, founder of investment consultancy Platinum Property Partners and one of two landlords who have led a campaign against restricting...

06 April 2017

From: Breaking News

Rent rises of 20% to 30% are on their way, warns trade association

Tax rises for landlords being introduced today will make renting less affordable and stifle investment in homes to rent, making it...

06 April 2017

From: Breaking News

Tax chiefs issue mortgage interest reminder to lettings sector

The Chartered Institute of Taxation has issued a reminder to buy to let investors that the first phase of the restriction...

31 March 2017

From: Breaking News

Referencing firm to offer agents utility-management service

The Lettings Hub is broadening its offer to agents by launching a utility management service on top of its traditional referencing...

14 March 2017

From: Breaking News

Trade body asks government to give reasons for incoming tax changes

The Residential Landlords Association (RLA) is writing to the Office for Budget Responsibility asking it to provide clarification on controversial tax...

07 March 2017

From: Breaking News

Buy To Let tax opponents pledge shock and awe on Shelter

Opponents of the proposed change to mortgage interest tax relief for landlords have promised what they call a “shock and awe”...

16 February 2017

From: Breaking News

Anger reported over buy to let lender's 'increase rents' demand

A trade magazine and a national newspaper are reporting anger amongst landlords, tenants and housing groups following the discovery of a...

02 February 2017

From: Breaking News

Former Barratt boss to head fast-expanding Build To Rent company

Mark Clare, the former Barratt Developments chief executive, is to be the next chairman of Britain’s current largest listed landlord, Grainger,...

05 January 2017

From: Breaking News

Agents back beefed-up campaign against changes to mortgage tax relief

The campaigners against planned changes to mortgage interest tax relief - set to come into effect from April, phased over four...

29 December 2016

From: Breaking News

Online agency reports 44 per cent surge in repeat clients

Online agency Upad claims it has seen a 44 per cent annual growth in repeat business for its digital lettings service,...

16 December 2016

From: Breaking News

Over a third of landlords never use agents, biggest-ever survey says

  Over a third of landlords have never used a letting agent and manage all their properties themselves.    That is the finding of...

15 December 2016

From: Breaking News

Trade body claims half of landlords would ditch agents if profits fell

A trade body claims that 47 per cent of landlords would cease to use letting agents if their profits began to...

14 December 2016

From: Breaking News

Newly-launched PropTech firm joins the ESTAS sponsor roll-call

The ESTAS awards have a new main category sponsor - PropTech company OneDome.   The OneDome service, launched last month, provides free-to-use information...

14 December 2016

From: Breaking News

Profits like these show why big investors drawn to Build To Rent

Financial results from Grainger, which is already the UK’s largest listed residential landlord, reveals the potential profits to be made by...

02 December 2016

From: Breaking News

Fees ban: here's a calculation of how much it might cost landlords

City investment consultancy Jefferies has calculated the impact on landlords if the country’s second largest agency group - LSL Property Services...

30 November 2016

From: Breaking News

One industry force creates more opportunities than ever before

Following a period of substantial growth, Property Service Holdings (PSH) - which operates Leaders and Romans - has a huge variety of...

24 November 2016

From: Sponsored Content

House of Lords hears of concern over spread of Airbnb short lets

Members of the House of Lords have heard about the concerns of a Baroness over landlords who choose not to let...

22 November 2016

From: Breaking News

Industry body launches e-postcard campaign over buy to let taxes

The National Landlords Association has launched an e-postcard campaign for letting agent and landlord members to lobby the government over the...

10 November 2016

From: Breaking News

Yield no longer the key measure of buy to let success, says lettings expert

Lettings expert Kate Faulkner says yields - a traditional long-standing measure of success for buy to let landlords - are becoming...

09 November 2016

From: Breaking News

Peter Grant, CEO of VTUK

Who are you? Peter Grant, currently serving year 27 of my sentence in the property industry and still loving every moment of working...

03 November 2016

From: 60 Second Interview

Mortgage chief slams rivals for lending to every Tom, Dick and Harry

An outspoken mortgage chief has criticised other lenders for supplying buy to let products to “every Tom, Dick and Harry” since...

28 October 2016

From: Breaking News

Leaders and Romans show buy to let remains best investment

Sister agencies Leaders and Romans have undertaken research to show that property has been the most lucrative investment in the UK...

25 October 2016

From: Breaking News

Tory peer renews attack on his party over buy to let tax grab

A senior Conservative peer has renewed his attack on his own party over the buy to let tax grab on landlords,...

17 October 2016

From: Breaking News

Failure for landlords trying to overturn buy to let mortgage interest change

The attempt to seek a Judicial Review of legislation reducing the mortgage interest tax relief for landlords has failed. The case was...

06 October 2016

From: Breaking News

Key day as landlords seek judicial review of buy to let tax change

Legal represenatives for two landlords will today make the case for a judicial review of Section 24 of the Finance (No.2)...

06 October 2016

From: Breaking News

Revenues and profits up for MartinCo in first half of 2016

Franchise agency MartinCO's revenue increased by 12% in the first half of 2016, it announced yesterday in its half-year trading update. Overall...

15 September 2016

From: Breaking News

Winkworth reports strong lettings and property management figures

Franchise estate agency Winkworth has reported its figures for the first half of 2016, noting a particularly strong performance in its...

14 September 2016

From: Breaking News

Expert Advice on Student Lets from mydeposits

Our key partner and buy-to-let specialist, Hamilton Fraser, and renown industry expert, Paul Shamplina have released the first in a new...

12 September 2016

From: Sponsored Content

Letting agents urged to lobby MPs over mortgage interest tax changes

A campaign group is urging letting agents to join with landlords in lobbying MP over the government’s change to buy to...

12 September 2016

From: Breaking News

Trade body restates how buy to let sector could solve housing crisis

The chairman of the Residential Landlords’ Association has restated how he sees the private rental sector could help solve the country’s...

08 September 2016

From: Breaking News

Property investor jailed for fraud following HMRC investigation

A self-employed property investor and caterer who stole over £70,000 in a tax credit fraud, has been jailed.   Khalid Farid, 59, from...

05 September 2016

From: Breaking News

Growing industry concern over new buy to let 'stealth tax'

There is growing concern across the industry at the fear - which we reported yesterday - that the government may be...

31 August 2016

From: Breaking News

Law Society hits out at government over latest buy to let tax changes

The Law Society has accused the government of avoiding proper consultation and scrutiny in the way it has introduced new buy to let proposals.   They...

30 August 2016

From: Breaking News

Fake letting agent jailed after swindling landlords and tenants

A man who posed as a letting agent to swindle landlords and tenants has been jailed for just over two years.   Legal...

02 August 2016

From: Breaking News

Frustrated vendors urged to short-let homes while awaiting buyers

A hospitality start-up company claims the Brexit vote adds to uncertainty in the sales market - and it wants vendors to...

22 July 2016

From: Breaking News

Government provides details of buy to let interest tax relief change

Any lingering hope that the buy to let sector might have of a rethink by the new Chancellor over restructuring mortgage...

21 July 2016

From: Breaking News

Rightmove reports huge surge in homes to let after stamp duty spree

There was an eight per cent surge in the number of homes available to rent in the second quarter of the...

14 July 2016

From: Breaking News

Strutt & Parker coup as lettings head arrives from Hamptons International

Kate Eales has been appointed by Strutt & Parker as its new national head of lettings, moving across from Hamptons International...

13 July 2016

From: Breaking News

Expect Purplebricks to make lettings acquisitions, says analyst

Purplebricks needs to expand its lettings activities to boost the volume of business it has and increase cash flow, according to...

24 June 2016

From: Breaking News

Capital Gains Tax and mortgage interest relief are top worries for landlords

The exemption of residential property from the new Capital Gains Tax cuts tops the list of concerns expressed by professional landlords...

14 June 2016

From: Breaking News

Student buy to let investment due for major expansion, claims survey

A new report claims that over a third of student property investors plan to expand their portfolios in 2016, despite the...

07 June 2016

From: Breaking News

Over a quarter of landlords consider using online letting agents to save money

Some 27 per cent of landlords consider an online letting agency to be a more attractive option for managing property than...

06 June 2016

From: Breaking News

Landlords avoiding benefits tenants due to Osborne's tax changes

Landlords are looking to house tenants less likely to miss rental payments in order to minimise the impact of a number...

27 May 2016

From: Breaking News

£120,000 in fines for leaseholders and managers of HMO

Magistrates have fined the leaseholders and landlords of a 10-flat property in north London £120,000 after finding they had put the...

20 May 2016

From: Breaking News

Campaigners against buy to let tax change raise another £50,000

Another £50,000 has already been raised through crowd-funding to help meet the costs of mounting a legal challenge to George Osborne’s...

28 April 2016

From: Breaking News

Buy to let investors' confidence 'at lowest level since 2006' claim

Private landlords’ confidence is at the lowest level since late 2006 according to market research company BDRC Continental, thanks to anti-buy...

27 April 2016

From: Breaking News

Unveiled - the legal team to challenge Osborne's buy to let tax changes

The two landlords hoping to secure a judicial review of the legislation restricting mortgage interest tax relief on buy to let...

20 April 2016

From: Breaking News

Law expert urges landlords to use not-for-profit agencies, not private ones

A housing law expert says landlords should consider using not-for-profit letting agencies, claiming they have “no big overheads” and have a...

20 April 2016

From: Breaking News

Storm damage, broken pipes and break-ins top lettings insurance claims

An analysis of 100,000 buy to let insurance policies reveals that storm damage, burst pipes and damage from break-ins are the...

19 April 2016

From: Breaking News

Legal challenge to buy to let tax change: new fund-raising bid launched

The two landlords spearheading a campaign to challenge the change to buy to let mortgage interest tax relief have launched another...

15 April 2016

From: Breaking News

Patricia Barber, Chairman of AIIC

Who are you? Patricia Barber What does it say on your business card? Chairman of the Association of independent Inventory Clerks (AIIC) How long has...

08 April 2016

From: 60 Second Interview

Record profits as Martin & Co pledges further franchise expansion

Publicly quoted property franchise giant MartinCo has reported strong figures to the City with group revenue up 38 per cent and...

06 April 2016

From: Breaking News

Major lettings firm forecasts more agency acquisitions in growing buy to let sector

Belvoir Lettings, which operates over 210 outlets across the UK, has seen its pre-tax profit surge beyond £2m at Belvoir Lettings. In...

05 April 2016

From: Breaking News

Buy to let tax change opponents plan major London event this summer

The two landlords behind the bid to seek a judicial review of George Osborne’s buy to let mortgage interest relief tax...

31 March 2016

From: Breaking News

HMRC and Treasury respond to legal challenge to buy to let tax changes

HM Revenue & Customs and the Treasury have at last responded to the legal team representing two landlords challenging beleaguered Chancellor...

24 March 2016

From: Breaking News

Mortgage lenders tick off government for out of date lettings info

The Council of Mortgage Lenders has ticked off the government for not updating its Private Landlords’ Survey for some six years...

24 March 2016

From: Breaking News

Buy to let 'unprofitable' in most areas if rate rises and tax relief falls

If interest rates rise by 2.5 per cent over the next four years, traditional buy to let could become unprofitable in...

01 March 2016

From: Breaking News

Countrywide to buy more independent agencies despite profits slump

Countrywide chief executive Alison Platt has confirmed to Letting Agent Today that her group’s strategy of acquiring independent letting agencies continues...

26 February 2016

From: Breaking News

Osborne tax changes - letting agents urged to discuss incorporation

Four in 10 landlords are either seriously considering forming a limited company or will be looking into the option in the...

22 February 2016

From: Breaking News

Legal challenge to Osborne buy to let tax change to be filed by tomorrow

The latest step in the legal challenge to Chancellor George Osborne’s proposal to limit landlords’ mortgage interest tax relief comes in...

16 February 2016

From: Breaking News

Agent who tried to cheat woman, 89, pleads guilty to fraud

A lettings and sales agent has admitted to a court that he tried to cheat an elderly pensioner by buying her flat...

08 February 2016

From: Breaking News

Rogue letting agent jailed after £200,000 fraud against tenants and landlords

A former Belvoir letting agent has been sentenced to two years and nine months in prison after admitting fraud against both...

05 February 2016

From: Breaking News

Lawyers fire first broadside in legal challenge to buy to let tax change

The legal challenge to Chancellor George Osborne’s controversial buy to let tax change is underway with a letter sent to HMRC...

02 February 2016

From: Breaking News

Buy to let boom as mortgage firm reveals 80% surge in business

Paragon Mortgages, one of the buy to let sector’s biggest and best-known lenders, says its buy to let lending in the...

28 January 2016

From: Breaking News

Startling 86% rise in volume of valuations for purchases of buy to let units

Connells says that between December 2014 and December 2015 the number of valuations conducted for buy-to-let properties soared by 86 per...

14 January 2016

From: Breaking News

Shelter back on the warpath over letting agents' fees

Campaigning charity Shelter has returned to the warpath against letting agents’ fees. This time the focus is on Wales, where the charity...

12 January 2016

From: Breaking News

Buy to let tax changes to hurt UK buyers more than foreign investors

Chancellor George Osborne’s buy to let tax proposals are set to hit domestic buyers far more than international investors, according to...

12 January 2016

From: Breaking News

Appeal for experts to help legal challenge to Osborne's rental tax changes

The two landlords behind the possible legal challenge to George Osborne’s buy to let tax changes are appealling for “experts, mentors...

11 January 2016

From: Breaking News

New details emerge of legal challenge to Osborne buy to let tax changes

A legal opinion is expected in the next few days as the legal challenge to George Osborne’s buy to let tax...

06 January 2016

From: Breaking News

Legal challenge to Osborne's buy to let tax changes after £50,000 raised

The latest £50,000 target to fund a legal challenge to Chancellor George Osborne’s proposed tax changes for buy to let landlords...

04 January 2016

From: Breaking News

Banking job cuts have weakened prime London lettings, says agency

Falling demand from financial services sector employees has seen the annual rental value growth in prime central London ease back to...

04 January 2016

From: Breaking News

Two in five letting agents say rental supply set to slump by 2020

Forty per cent of letting agents are predicting supply will decrease over the next five years – the highest rate this...

24 December 2015

From: Breaking News

'Reinventing Renting' launched to help struggling buy to let landlords

The National Landlords Association has launched a new campaign - Reinventing Renting - to encourage landlords to make their lettings businesses...

15 December 2015

From: Breaking News

Buy to let boom as mortgage firm lending soars 102 per cent

One of Britain’s best known specialist buy to let mortgage companies, Paragon, has revealed a startling 102 per cent increase in...

25 November 2015

From: Breaking News

'More evidence that buy to let is becoming too complex' - claim

The government’s reduction of mortgage interest tax relief on buy to let properties in a major factor for 50 per cent...

17 November 2015

From: Breaking News

Landlords' tax sell-off will reduce London rental supply

Franchise letting agency giant Winkworth is warning that London’s tenants face higher rents as some landlords sell investment properties in the...

13 November 2015

From: Breaking News

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