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KEYWORD "Revenue" - 100 RESULTS
Agents Furious at Permanent Rent Controls proposed by politicians

Agents have expressed their anger at permanent rent controls proposed by the SNP and Green Party politicians running the Scottish Government. The...

28 March 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

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

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

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

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

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

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

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

How can agents use PropTech to win new landlord clients?

A free webinar next week will explore how agents can use technology solutions to attract and win new landlords for their...

16 February 2024

From: Breaking News

Three day lead-generation teach-in for agents

Letting agents looking to boost the power of lead generation are invited to an exclusive event later this week. Agent Rainmaker is...

13 February 2024

From: Breaking News

Former Foxtons boss to give masterclass on agents’ higher fees

The former Foxtons managing director Peter Rollings is to give agent a masterclass in obtaining higher lettings and sales fees. Rollings will...

02 February 2024

From: Breaking News

Stamp Duty slump is a pre-Budget blow for Chancellor

Stamp duty receipts dipped four per cent to £2.4 billion in Q3 of last year - no less than 25 per...

01 February 2024

From: Breaking News

Foxtons heavily reliant on lettings to stay in the black

Foxtons’ unaudited end-of-year trading statement makes no bones about it - the lettings division saved the agency’s bacon in 2023. It suffered...

26 January 2024

From: Breaking News

Huge rise in property tax for HMRC ahead of possible Budget change

Figures released by HMRC show that the Treasury raked in £5.7 billion in inheritance tax receipts in the nine months from...

24 January 2024

From: Breaking News

Unique lettings agent motivation event scores award success

An event which claims to change the fortunes of letting agents has been recognised by the Professional Speakers Academy. Agent Rainmaker Live...

19 January 2024

From: Breaking News

Budget 2024 - Just days left for agents to send ideas to Jeremy Hunt

Agents who want to put their arguments for lettings fiscal reform to the Chancellor have until 5pm next Wednesday to submit...

19 January 2024

From: Breaking News

Shock figure reveals tax burden paid by private rental sector

Property taxes in Scotland exceeded £600m over the last year according to analysis of the latest statistics by the country’s largest...

17 January 2024

From: Breaking News

Rental growth to decline this year warns muted Winkworth

Winkworth’s first trading statement of 2024 reveals that it saw a five per cent rise in rental revenues in 2023 -...

11 January 2024

From: Breaking News

Two of the largest lettings agencies propose to merge

The Property Franchise Group, the UK's largest property franchise brand, wants to merge with long-time rival Belvoir. Both are listed on the...

10 January 2024

From: Breaking News

New lettings brand claims franchisees can earn £100k-plus per year

A new lettings franchise is being launched, which claims its franchisees can earn £100,000-plus annually.  The Sourced Group has launched Sourced Living,...

10 January 2024

From: Breaking News

Self-employed agency marks major expansion into rentals

Self employed agency brand Harding Green, which majors on London and prime country markets, says it’s grown significantly in the lettings...

09 January 2024

From: Breaking News

Tax Grab - Big rise in Inheritance Tax paid to HMRC

The latest figures from HM Revenue and Customs show that inheritance tax receipts increased to £5.2 billion in the eight months...

28 December 2023

From: Breaking News

Rent Protection feature launched for agents and landlords

PropTech specialist Vouch has launched a Rent Protection feature, designed to help landlords access cover to mitigate the risk of unpaid rent. The feature...

30 November 2023

From: Breaking News

Rightmove shares rise as it takes even more money from agents

Property portal Rightmove has increased its key revenue target in a bullish set of results which shows it has not been...

28 November 2023

From: Breaking News

Politicians told - You’re wrong on additional homes tax surcharge

Propertymark has told politicians that an additional homes tax will not succeed in increasing housing supply. Timothy Douglas, head of policy and...

23 November 2023

From: Breaking News

Foxtons Up For Sale? Shareholders put board under pressure

The board of Foxtons is under pressure from a minority of shareholders to put the agency group up for sale, according...

20 November 2023

From: Breaking News

Foxtons buys rival lettings service for £10m

Foxtons has snapped up London lettings agency Ludlow Thompson for £10m. Ludlow Thompson, founded 30 years ago, has seven branches in London, generating...

07 November 2023

From: Breaking News

Agency adds £1m to revenue through diversification

A letting agent with a background in renovation has been able to grow her business by offering investors a swathe of...

06 November 2023

From: Breaking News

tlyfe's Rent-Ready Solution: Revolutionising the Lettings Market with Over 50,000 Tenants and 200 Agent Branches on Board

Introduction The lettings market is no stranger to the complexities and challenges that come with finding the right tenants for the right...

31 October 2023

From: Sponsored Content

Foxtons figures fly for lettings, falter for sales

Not for the first time this year, a trading update from London-focussed agency Foxtons has shown that lettings is leading the...

30 October 2023

From: Breaking News

Rayner’s Section 21 Reform must not kill private rental sector - warning

Propertymark has fired a broadside at Labour saying it must provide agents with a proper court system to handle evictions. Labour deputy leader...

10 October 2023

From: Breaking News

Agency switches from residential despite strong lettings showing

Latest market data from LSL Property Services - which includes the Your Move and Reeds Rain brands - shows a 10...

28 September 2023

From: Breaking News

Agency group bucks the market thanks to turbocharged lettings

The Property Franchise Group has reported a bumper half year of trading with revenue at £13.2m and pre-tax profits up 11...

13 September 2023

From: Breaking News

Advice for letting agents now seeing 10 times number of calls

An ex-ARLA supremo says technology is the best way for letting agents to cope with a huge rise in telephone calls. ARLA...

12 September 2023

From: Breaking News

Winkworth slump would be still worse without lettings growth

Lettings income has saved the bacon of franchise agency Winkworth after a sales slump hit profits.  A trading statement from the agency...

07 September 2023

From: Breaking News

Resilient business model is key to agency group’s ongoing success

The apparent rise and rise of Belvoir Group is down to its resilient business model and the entrepreneurs who run its...

05 September 2023

From: Breaking News

MPs back to work but Renters Reform Bill clarity still awaited

Parliament resumes today following its summer recess but there is still a lack of detail on aspects of the Renters Reform...

04 September 2023

From: Breaking News

Belvoir’s new mortgage deals aim to boost property franchises

Belvoir has snapped up a regional mortgage provider for £1m. It’s acquired MAB (South West) Ltd and follows the earlier acquisition of...

30 August 2023

From: Breaking News

Ross Nichols, Co-Founder at Just Move In

Who are you and what does it say on your business card? Ross Nichols, and it says i’m Co-Founder at Just Move...

16 August 2023

From: 60 Second Interview

Lettings boom helps franchise brands offset sales falls

Increased lettings income proved a valuable balance to a declining sales market for The Property Franchise Group in the first half...

03 August 2023

From: Breaking News

Lettings division proves its worth in agency's big turnaround

A strong lettings division has allowed Foxtons to record strong growth in its latest trading statement, despite the challenging sales market. The...

28 July 2023

From: Breaking News

Opinion: What price and salary structure is best for our industry?

Finances have never been more stretched in the UK, with almost every bill and expense soaring for employees and employers alike,...

18 July 2023

From: Breaking News

Lettings the only bright spot as agency chain issues profits warning

The directors of Winkworth are warning shareholders of a challenging period thanks to higher and faster-raising interest rates - with only...

13 July 2023

From: Breaking News

OnTheMarket warns on downside of frantic lets market

OnTheMarket says the frantic lettings market of the past year or more is bad news for agents. In a trading statement to...

11 July 2023

From: Breaking News

Research reveals time it takes to arrange interim inspections

Interim inspections are a necessity if you want to avoid property issues and tenant relationship breakdowns. They’re a no brainer –...

04 July 2023

From: Sponsored Content

Agency targeting 100 franchisees scores accreditation success

Small but fast-growing agency Propertynest has been confirmed as a British Franchise Association member. BFA members commit to running an ethical standards-based...

27 June 2023

From: Breaking News

Council chief slams holiday lets 'tax subsidy' scheme

A Liberal Democrat council leader says all properties - even those in properly established lettings businesses - should be charged council...

15 June 2023

From: Breaking News

Launching June 1 - new franchise network of lettings agents

The prominent industry figure Sean Newman is next week launching a lettings division of his network of self-employed agents.  The existing network...

25 May 2023

From: Breaking News

OnTheMarket says lettings agency deal means it’s “more than just a portal”

OnTheMarket has bagged Arun Estates, one of the UK's largest agency groups, in a deal involving the TecLet lettings platform. TecLet, an...

09 May 2023

From: Breaking News

OnTheMarket Software adds e-signatures to lets platform

PropTech provider OnTheMarket Software has integrated a digital e-signature service, Finch, into its TecLet platform.  The integration within TecLet claims to save...

25 April 2023

From: Breaking News

Quids In - massive rise in lettings revenue for Foxtons

London-focussed agency Foxtons has reported a huge leap in revenue from its lettings division. Lettings revenue was up 27 per cent in...

21 April 2023

From: Breaking News

Winkworth posts weak results despite robust lettings market

Winkworth has told its shareholders that the weak figures posted for 2022 are actually in line with management expectations. The franchise giant...

20 April 2023

From: Breaking News

Funding exists for agency takeovers despite soaring rates - claim

A consultancy that handles lettings agency acquisition says funding options exist for companies wishing to buy others, despite rising interest rates. Lucy...

14 April 2023

From: Breaking News

Agency uncovers big fall in property taxes

Revenue from property taxes in Scotland has dropped significantly so far this year, according to a prominent lettings agency.  DJ Alexander Ltd...

12 April 2023

From: Breaking News

Lettings fees give agency remarkable 26 years of profit growth

Belvoir has released another set of upbeat financial figures marking 26 successive years of profit growth. Group revenue increased 14 per cent...

28 March 2023

From: Breaking News

Agent tells Gove: cease attacks on private rental sector

A prominent lettings agent in the north of England has written to Housing Secretary Michael Gove urging him to cease attacking...

22 March 2023

From: Breaking News

Investment hotspots for holiday home buyers revealed by survey

Cheshire has topped a new ranking of the best places in the UK to invest in a holiday let, according to...

21 March 2023

From: Breaking News

Foxtons relying on lettings for revenue as brand is reshaped

Foxtons’ latest trading statement suggests that it’s heavily reliant on lettings revenue as the sales market stutters and the whole company...

08 March 2023

From: Breaking News

Foxtons spends millions on acquiring rival lettings agency

Foxtons has this morning confirmed that it’s acquired a rival London lettings agency. It has snapped up Atkinson McLeod for £7.4m: Foxtons...

06 March 2023

From: Breaking News

Rightmove “driving the digitisation of the rental journey”

Rightmove says it’s helping to digitise the rental processes, making the process less fragmented and frustrating for agents.  In its trading statement...

06 March 2023

From: Breaking News

Some 300 investors put cash into online lettings platform

An online lettings platform has shut its crowdfunding campaign after easily exceeding its target of £850,000. Lettingaproperty - founded by brothers Jonathan...

28 February 2023

From: Breaking News

Online lettings platform on course to win almost £1m investment

An online lettings platform used by 20,000 landlords has beaten its target to raise £850,000 In investment - and it’s still...

15 February 2023

From: Breaking News

The top 5 things to prepare for when selling your business

Atomic Consultancy, the specialist acquisition management business, believes that 2023 is likely to present significant opportunities for those looking to sell...

10 February 2023

From: Sponsored Content

OnTheMarket to launch third new PropTech solution

OnTheMarket’s software off-shoot - called, appropriately enough, OnTheMarket Software - is launching a new management tool that it claims is the...

07 February 2023

From: Breaking News

Hybrid agency aims to have 200 UK territories this year

Hybrid agency EweMove has expanded its brand presence into 189 territories across the UK according to its parent company, The Property...

01 February 2023

From: Breaking News

Disastrous Truss Budget still hurting market says leading lettings agency

Belvoir Group is continuing its long term success record but warns that the Liz Truss mini-Budget is still having a detrimental...

01 February 2023

From: Breaking News

Rival big-hitter agencies slug it out for lettings dominance

Two big-hitter agencies are slugging it out for lettings dominance in London, with both making announcements in a bid to cement...

27 January 2023

From: Breaking News

Online lettings platform hopes to raise another £850,000

An online lettings platform used by 20,000 landlords is seeking an additional £850,000 In investment. Lettingaproperty is using crowdfunding site Seedrs for...

26 January 2023

From: Breaking News

Major PropTech deal revealed between Zoopla’s Alto and Goodlord

Alto, Zoopla’s cloud-based software, has announced a new integration with popular lettings platform Goodlord. Goodlord is Alto’s only tenancy progression and onboarding...

25 January 2023

From: Breaking News

Council plans to build its own Airbnb to drive tourism

A local authority in West Sussex is proposing to build its own Airbnb four bedroom house on the site of old...

20 January 2023

From: Breaking News

Agency reveals major expansion with plans for more in 2023

The Stirling Ackroyd Group says it’s delivered 20 per cent revenue growth alongside the opening of five lettings and sales offices...

10 January 2023

From: Breaking News

Tax on buy to lets and second homes up to 6% - will rest of UK follow suit?

Land and Buildings Transaction Tax - the Scottish equivalent of stamp duty - has risen to six per cent for all...

16 December 2022

From: Breaking News

Agent claims high tax may make part of the UK ‘too expensive’

The tax on property purchased in one part of the UK has reached a new record figure - and a top...

07 December 2022

From: Breaking News

Protests outside letting agency offices planned this weekend

Activists say they are planning protests outside lettings agency offices this weekend. Activists in the London Renters Union and Greater Manchester Tenants...

01 December 2022

From: Breaking News

Lettings key to financial success of London franchise giant

A short trading statement from Stock Market-listed London agency chain Winkworth shows just how vital the lettings sector is to its...

23 November 2022

From: Breaking News

PropTech referencing service moves into Right To Rent

Referencing service Homeppl is expanding into Right to Rent checks. A digital R2R check can be integrated into Homeppl tenant referencing checks...

11 November 2022

From: Breaking News

PropTech boss says more technology equals more leads for agents

A PropTech chief technical officer says the more technology is used by agents, the more they will win leads. Damon Bullimore of...

07 November 2022

From: Breaking News

Foxtons new CEO enjoying strong start to honeymoon period

Famous London agency Foxtons has enjoyed a shares boost on the back of a 25 per cent spike in revenue in...

28 October 2022

From: Breaking News

Civil servants and Trading Standards to brief agents on law change

Officials from the Welsh Government and the head of the National Trading Standards Estate and Letting Agent team are to address...

21 October 2022

From: Breaking News

PropTech pair offer agents route to boost commission

Lettings platform Vouch and cloud-based software service Alto are teaming up for a webinar. The aim is to offer agents a route...

18 October 2022

From: Breaking News

Another council hits Airbnbs and holiday homes with higher taxes

The owners of second homes in a key short lets and tourist hotspot are set to have to pay a premium...

29 September 2022

From: Breaking News

Thousand extra properties under management for franchise giant

The Property Franchise Group - which includes a host of High Street brands - saw a rise in managed properties of...

14 September 2022

From: Breaking News

PropTech claim - We’re better for agents than Rightmove!

PropTech firm Homesearch has launched technology which it claims allows every agent to offer a white-labelled search engine. And it claims this...

13 September 2022

From: Breaking News

Franchise veteran issues warning on future of lettings market

Winkworth’s latest figures to shareholders show that sales revenues have slumped badly - but lettings have boomed for the moment at...

08 September 2022

From: Breaking News

Lettings is big revenue-earner for growing franchise empire

New trading figures from the Belvoir Group show that lettings income accounts for 60 per cent of the total revenue in...

06 September 2022

From: Breaking News

Purplebricks sets date for possible lettings crisis showdown

Purplebricks has set a date for a possible showdown with shareholders over the agency’s lettings compliance crisis amongst other controverisies.  It has...

16 August 2022

From: Breaking News

HMO PropTech platform claims fast growth amongst agents

A PropTech platform that boasts 200 letting agents and landlords amongst its current clientele has won over £500,000 in additional funding...

10 August 2022

From: Breaking News

Online lettings firm announces jobs programme for next 18 months

Sibling businessmen Jonathan and Matthew Daines are to create 15 new jobs at the Warwickshire-based PropTech platform Lettingaproperty over the next...

09 August 2022

From: Breaking News

Connells ignores lettings in terse statement revealing revenue slump

Connells makes no reference about its lettings division in a terse statement about its business performance in the first half of...

08 August 2022

From: Breaking News

Lettings income saves the day for franchise agency brands

The Property Franchise Group says it’s increased the size of its lettings portfolio by around 1,000 units over the past year...

05 August 2022

From: Breaking News

Purplebricks reveals cost of lettings error and slams poor marketing

Purplebricks has given its interpretation of how much its lettings sector compliance crisis has cost the company. Back in December the Daily...

02 August 2022

From: Breaking News

Lettings income keeps rental industry giant on growth path

Belvoir says that during the six months to the end of June income increased 11 per cent on the year before,...

02 August 2022

From: Breaking News

OnTheMarket drive to get letting agents to pay full fees for tech

OnTheMarket is overtly using its teclet lettings PropTech as a means of enticing agents on old discounted rates to pay full...

01 August 2022

From: Breaking News

Rightmove can easily withstand higher costs - even if agents cant…

The rise and rise of Rightmove continues apace. Figures for the first half of 2022 released at the start of the weekend...

01 August 2022

From: Breaking News

Foxtons draws up shortlist of rival agencies it wants to buy

Foxtons has revealed that it has a pipeline of what it calls “lettings portfolio targets” - lettings books which it wants...

29 July 2022

From: Breaking News

Foxtons selects new portal for advertising lettings properties

Foxtons is to advertise all of its lettings properties on OnTheMarket with immediate effect. The agency say it already “facilitates” 10 per...

19 July 2022

From: Breaking News

Bootcamp to focus on adding fire and revenue to agents’ businesses

A bootcamp which claims to help agents add up to £1m revenue to their business is to return this summer. The Agent...

14 July 2022

From: Breaking News

Propertymark deal to help PropTech firm expand agent links

Propertymark has entered into a deal with a PropTech firm to help it grow in Scotland. The partnership will see Homesearch collaborate...

13 July 2022

From: Breaking News

Online agency boss warns against delaying rental reform

The boss of an online lettings agency is warning the government against undue delay and greater uncertainty in the rental reform...

11 July 2022

From: Breaking News

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