New Freedom of Information (FOI) data from the Financial Conduct Authority shows that Labour’s plan to introduce a ‘Freedom to Buy’...
Archive
22 August 2024
From: Breaking News
![Prioritise First Time Buyers - demand grows for next government to take action](/upload/images/shutterstock_1460401067.jpg)
Four fifths of developers believe that the next government needs to do more to support first time buyers, according to the...
30 May 2024
From: Breaking News
![Rents Under Pressure in parts of London, admits top agency](/upload/images/Shutterstock-only%20images/Property%20Market/PropertyStats-400x310%20(1).png)
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
![Political uncertainty suggests ongoing landlord exodus, says Knight Frank](/upload/images/EnglandMap-400x310.png)
Prime London rental values fell closer to their longer-term average in January, as supply continued to increase - but worries about...
05 February 2024
From: Breaking News
![Wealthy tenants demand prime rental units ‘with highest spec’](/upload/images/shutterstock_1892708161.jpg)
A prominent lettings agency is advising landlords to fit out homes in prime locations to the same high specification as if...
01 February 2024
From: Breaking News
![Stamp Duty slump is a pre-Budget blow for Chancellor](/upload/images/shutterstock_2199764593.jpg)
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
![Prime lettings market now near normal says Knight Frank](/upload/images/Shutterstock-only%20images/Rental%20Market/Estate-Agent-400x310.png)
There were 3.7 new prospective tenants for every rental property listed in prime London postcodes last month says Knight Frank. The figure,...
14 December 2023
From: Breaking News
![RICS tells Tories - do more to improve supply of rental properties](/upload/images/Shutterstock-only%20images/Property%20Market/PropertyNews2-400x310.png)
The Royal Institution of Chartered Surveyors is launching its manifesto at this week’s Tory party conference - and improving the supply...
02 October 2023
From: Breaking News
![Lettings instructions dip in London after New Year surge](/upload/images/Shutterstock-only%20images/Property%20Market/PropertyStats-400x310%20(1).png)
The number of lettings instructions in London has dropped since the start of the year. Knight Frank says that compared to the...
01 March 2023
From: Breaking News
![Rental market to stay strong as First Time Buyer numbers plummet](/upload/images/Shutterstock-only%20images/Rental%20Market/NewHomeowners-400x310.png)
A new analysis suggests that the number of first time buyers has plummeted by over 10 per cent in the past...
23 February 2023
From: Breaking News
![All Change - supply growing and rental prices under pressure](/upload/images/Shutterstock-only%20images/Rental%20Market/BTR-400x310.png)
A leading agency says there are now clear indications that supply in the lettings market is growing and that rent levels...
24 January 2023
From: Breaking News
![Mini-Budget leads to house prices falls in 2023 and maybe 2024 - claim](/upload/images/Housing%20Market%20%26%20Property%20Images/Budget-Purse-400x310.jpg)
The Knight Frank lettings and estate agency is warning that it expects house prices to fall in 2023. Tom Bill, its head...
03 October 2022
From: Breaking News
![Massive rise on managed properties for agency group](/upload/images/Housing%20Market%20%26%20Property%20Images/HousingHelp-400x310.jpg)
The Property Franchise Group now manages in excess of 74,000 rental properties on behalf of landlords, according to a new trading...
02 February 2022
From: Breaking News
![London lettings some way from full recovery, says agency](/upload/images/Locations/LondonMapPins-400x310.jpg)
There’s still some way to go for the lettings market to return to its pre-pandemic best according to Knight Frank -...
18 January 2022
From: Breaking News
![London rental market strong but growth depends on easier travel](/upload/images/Logos/Winkworth-logo400x310.png)
A generally upbeat trading statement from franchise agency giant Winkworth reports that prime London’s rental market’s long term return to normality...
13 January 2022
From: Breaking News
![Buy To Let lending set to fall back this year - forecast](/upload/images/Rental%20Market/BTL400x310.png)
Buy To Let lending is set to fall back this year, after a hectic 2021. That’s the forecast from the Intermediary Mortgage...
11 January 2022
From: Breaking News
![Government gets lesson in how to stimulate buy to let market](/upload/images/Housing%20Market%20%26%20Property%20Images/HousingHelp-400x310.jpg)
New figures show how effective the stamp duty holiday was in stimulating buy to let - and how similar measures could...
19 November 2021
From: Breaking News
![Staged properties fetch more in lettings and sales markets](/upload/images/Housing%20Market%20%26%20Property%20Images/HousingMarket-400x310.jpg)
Staging a home during the selling process could boost a sale price by up to £47,000; meanwhile lettings asking prices could...
18 November 2021
From: Breaking News
![Rents up sharply in prime areas of London as market bounces back](/upload/images/Locations/PrimeLondonHousesArc-400x310.jpg)
Rental growth in prime areas of London has climbed to multi-year highs according to new data from Knight Frank. While only a...
05 November 2021
From: Breaking News
![Agents change working hours to encourage greater staff well-being](/upload/images/new-story-stock-images/Staff-Recruitment-Image-400x310.jpg)
Early results from a survey into wellbeing suggest that agents are changing their working practices to help staff have a greater...
04 November 2021
From: Breaking News
![Agents - are you seeing more ‘later life’ buy to let landlords?](/upload/images/Miscellaneous/old%20people.png)
A new report suggests that agents may already be seeing more middle-aged and older landlords - and if that hasn’t happened...
15 October 2021
From: Breaking News
![Stamp Duty Holiday did nothing to improve buy to let purchases](/upload/images/Housing%20Market%20%26%20Property%20Images/StampDuty1-400x310.jpg)
Lettings agency Hamptons, part of Connells, says there’s little sign that the stamp duty holiday led to large numbers of new...
11 October 2021
From: Breaking News
![Buy to let still seen as heavily regulated and unsympathetic to landlords](/upload/images/Rental%20Market/LandlordStressed-400x310.png)
The end of the stamp duty holiday today has triggered a reduction in the number of buy to let investors saying...
01 October 2021
From: Breaking News
![Easing of pandemic restrictions pushes growth to record levels – Knight Frank](/upload/images/Logos/Knight-Frank-logo400x310.png)
Knight Frank is anticipating a “sprint for stock” in the lettings market as offices reopen and travel restrictions ease. Tom Bill, Knight...
20 September 2021
From: Breaking News
![Industry welcomes Gove as new Housing Secretary](/upload/images/Politics%20(MPs%2C%20party%20logos%2C%20etc)/Parliament-Night-400x310.jpg)
The property industry has broadly welcomed Michael's Gove appointment as Housing Secretary after he replaced Robert Jenrick yesterday afternoon. “We welcome today’s...
16 September 2021
From: Breaking News
![Agents concerned about lettings stock as more landlords sell-up](/upload/images/library/HousingMarket-1-400x310.jpg)
Lettings agents have highlighted a lack of stock as their main concern, research claims. The latest State of the Lettings Industry report...
15 September 2021
From: Breaking News
![Propertymark calls for return of lettings perks to meet rental demand](/upload/images/library/ARLA-PropertyMark-400x310.jpg)
Propertymark has called for a return of mortgage interest relief and a review of landlord taxes to boost the rental sector. The...
15 September 2021
From: Breaking News
![Government must back letting agents as rental reform nears - call](/upload/images/Rental%20Market/rental-sector26615.png)
There’s been a call for government to do more to support letting agents as an autumn of rental reform begins. Mark Hayward,...
10 September 2021
From: Breaking News
![Country lettings market much stronger than London, admits agency](/upload/images/Logos/Winkworth-logo400x310.png)
New data released by franchise agency Winkworth showed that the rental market so far this year has been divided between house...
09 September 2021
From: Breaking News
![How agents can best prepare for post-pandemic business](/img/default/lat.png)
As the summer begins to draw to a close and the letting market regains its stride, attention is turning to the...
25 August 2021
From: Legislation & Compliance
![Revealed: What landlords are thinking, saying and planning right now](/img/default/lat.png)
The value of the Private Rented Sector in England, Wales and Scotland grew by 5.8 per cent to a jaw dropping...
25 August 2021
From: Breaking News
![Huge pressure on lettings market from sellers temporarily renting](/img/default/lat.png)
A study by Hamptons shows that so far this year 10 per cent of new tenancies have been taken by someone...
16 August 2021
From: Breaking News
![Thousands of London investors snap up buy to lets outside M25](/img/default/lat.png)
London-based buy to let purchasers in the first half of the year have looked outside the capital in high numbers according...
02 August 2021
From: Breaking News
![Interview with Maxine Fothergill, ARLA President](/img/default/lat.png)
Who are you and what does it say on your business card? My name is Maxine Fothergill and for the past ‘almost’...
28 July 2021
From: 60 Second Interview
![A record! Average UK rent over £1,000 pcm for first time](/img/default/lat.png)
The average UK rent now stands at a record £1,007 per calendar month - the highest ever, according to HomeLet. It’s up...
05 July 2021
From: Breaking News
![Eviction Ban: government accused of hypocrisy over tenants’ rights](/img/default/lat.png)
Baroness Alicia Kennedy has accused the government of hypocrisy over its diverging approach to evictions for commercial and residential tenants. On Wednesday...
18 June 2021
From: Breaking News
![Rent Control Threat - petition launched to stop private sector rent caps](/img/default/lat.png)
An outspoken property investor has launched an online petition on the government website to oppose the threat of rent controls. YouTube influencer...
28 May 2021
From: Breaking News
![Rental market to remain busy throughout 2021 predicts leading agency](/img/default/lat.png)
There’s been another upbeat trading statement from franchise giant the Belvoir Group. The company - which held its AGM yesterday - says...
28 May 2021
From: Breaking News
![Stamp Duty slashes size of buy to let sector claims agency](/img/default/lat.png)
The five years since the introduction of the three per cent stamp duty surcharge on additional homes has led to a...
17 May 2021
From: Breaking News
![Bal Arora – Managing Director at Orlando Reid](/img/default/lat.png)
Who are you and what does it say on your business card? Bal Arora – Managing Director In your experience, what is the...
13 May 2021
From: 60 Second Interview
![Jack Reid Founding Director of Orlando Reid](/img/default/lat.png)
Who are you and what does it say on your business card? Jack Reid Founding Director of Orlando Reid In your experience,...
12 May 2021
From: 60 Second Interview
![Energised! Stamp Duty Holiday turbocharges rental property sales](/img/default/lat.png)
The extended stamp duty holiday is having a significant positive impact on the rental market, according to new research. In a survey...
23 April 2021
From: Breaking News
![Central London lettings revenue plummets up to 20% admits agency](/img/default/lat.png)
Winkworth says its London rental activities have suffered because of a lack of international travel, and students and young professionals returning to...
09 April 2021
From: Breaking News
![Buy to let optimism shown by larger mortgages, claims finance house](/img/default/lat.png)
The popularity of buy to let mortgage products offering exclusive rates for higher value loans is a sign of optimism in...
31 March 2021
From: Breaking News
![Surge in rental demand as sellers put themselves in pole position](/img/default/lat.png)
There’s been a spectacular surge in demand for lettings properties as vendors take advantage of the stamp duty holiday by selling...
26 March 2021
From: Breaking News
![Agents told to prepare for post-lockdown rentals rush](/img/default/lat.png)
Agents must be ready for an influx of new business according to outsourced telephone and live chat service Moneypenny. Its latest figures...
24 March 2021
From: Breaking News
![Stamp Duty surge in house prices means more tenants keep renting](/img/default/lat.png)
Research by Hamptons suggests that the increased house prices caused by the stamp duty holiday sales surge has indirectly obliged more...
15 March 2021
From: Breaking News
![Buy To Let and Build To Rent win big investment despite pandemic](/img/default/lat.png)
Some £3.5 billion of investment was placed in the growing Build To Rent sector in 2020, despite concerns over the pandemic...
11 March 2021
From: Breaking News
![Rental property capital values likely to soar in next five years](/img/default/lat.png)
An assessment by Savills suggests capital values - including those for properties in the lettings sector - are likely to soar...
10 March 2021
From: Breaking News
![Rightmove’s David Cox to discuss Pets and Budget fallout for lettings](/img/default/lat.png)
Rightmove’s David Cox - formerly of the Association of Residential Letting Agents - is to talk through the Budget fallout for...
09 March 2021
From: Breaking News
![Buy To Let purchase surge likely thanks to SDLT extension](/img/default/lat.png)
A property lawyer is forecasting a surge in buy to let purchasing in the coming months as the stamp duty extension...
08 March 2021
From: Breaking News
![Agents’ anger that Budget didn’t offer cash help for rental sector](/img/default/lat.png)
The Association of Residential Letting Agents says it’s disappointed the Budget failed to address the funding of the private rental sector. “Extending...
04 March 2021
From: Breaking News
![Budget Briefing for Letting Agents - the key announcements](/img/default/lat.png)
This afternoon's Budget has seen dramatic announcements from Chancellor Rishi Sunak referring to the private rental sector. For landlords buying properties, the stamp...
03 March 2021
From: Breaking News
![Big surge in rental leads for agents, claims Rightmove](/img/default/lat.png)
Rightmove says there’s been a big rise in the number of prospective tenants contacting letting agents via its website. The portal says...
26 February 2021
From: Breaking News
![Stamp duty break prompts surge in multi-property landlord deals](/img/default/lat.png)
Some 60 per cent of multi-property landlords have expanded their portfolio since the introduction of the Stamp Duty Holiday last summer...
24 February 2021
From: Breaking News
![Budget: Will it hurt or help the private rental sector?](/img/default/lat.png)
A leading PropTech expert says the lettings industry hopes next week’s Budget will provide clarity on taxes - but he’s also...
23 February 2021
From: Breaking News
![David Alexander is joint CEO of apropos](/img/default/lat.png)
For most letting agents the last year has been a challenging one which has focused attention on dealing with the immediate,...
04 February 2021
From: Sponsored Content
![Pressure now on Sunak to raise stamp duty on buy to lets - claim](/img/default/lat.png)
A leading property law expert says there is now pressure on Chancellor Rishi Sunak to raise stamp duty on buy to...
30 December 2020
From: Breaking News
![ESTAS Awards 2021 - just days left for letting agents to enter](/img/default/lat.png)
Entrants for the 2021 ESTAS Customer Service Awards have only until December 31 to sign up. Founder Simon Brown says: “The bounce...
23 December 2020
From: Breaking News
![Surge in buy to let purchases in bid to beat stamp duty deadline](/img/default/lat.png)
Around one in seven residential properties purchased in November were snapped up by buy to let investors, according to Countrywide research. A...
14 December 2020
From: Breaking News
![Agents now managing more rental units than ever before, says ARLA](/img/default/lat.png)
An end-of-year market snapshot by the Association of Residential Letting Agents shows the supply of rental accommodation was the highest on record...
11 December 2020
From: Breaking News
![Agents can do more to speed up transactions by adopting technology](/img/default/lat.png)
Recent debate about urgent need for reform and better collaboration within the property industry, has once again come under the spotlight...
04 December 2020
From: Sponsored Content
![Huge change in tenant priorities thanks to Covid - agency chief](/img/default/lat.png)
One of the country’s major lettings agency chiefs says there is a “massive” change in tenant priorities underway. Michael Cook, national lettings...
11 November 2020
From: Breaking News
![Save The Date! The 2021 ESTAS Awards take place on ….](/img/default/lat.png)
The 2021 ESTAS Customer Service Awards are to be held on Friday June 11. For the first time the awards will host...
02 November 2020
From: Breaking News
![Foxtons reports poor lettings figures despite sales market boost](/img/default/lat.png)
Foxtons has posted what many consider to be disappointing lettings figures for the third quarter of the year. The company’s lettings-related revenue...
30 October 2020
From: Breaking News
![Keeping the property market moving](/img/default/lat.png)
It’s been an unexpected year for the property market, shaped by the effects of the pandemic. We didn’t quite anticipate the...
27 October 2020
From: Sponsored Content
![Indirect boost for rental market as first time buyers defer plans](/img/default/lat.png)
Nearly half of prospective home buyers have delayed their plans because of the Coronavirus crisis, a mortgage company says. Research by Aldermore...
24 September 2020
From: Breaking News
![Buy To Let sector warned: Stand by for a Winter of Discontent](/img/default/lat.png)
A specialist mortgage operator is warning letting agents and landlords to gear up for a winter of discontent as a result...
25 August 2020
From: Breaking News
![Buy to let mortgage rates begin to rise as product numbers dip](/img/default/lat.png)
Independent service Moneyfacts says that while the buy to let mortgage sector remains resilient, it has contracted slightly in recent weeks...
19 August 2020
From: Breaking News
![Optimistic outlook for buy to let … except for one location](/img/default/lat.png)
The latest house price index, produced by the website Home, gives a broadly optimistic outlook for landlords and other buy to...
14 August 2020
From: Breaking News
![Fear that stamp duty holiday could produce spate of unsafe rentals](/img/default/lat.png)
A trade body is reminding new landlords tempted by the stamp duty holiday of the raft of health and safety measures they...
11 August 2020
From: Breaking News
![Incorporating buy to let portfolios boosted by stamp duty holiday](/img/default/lat.png)
Now may be the time for buy to let investors to consider incorporation - putting their property portfolios into a limited...
06 August 2020
From: Breaking News
![Agents in demand thanks to stamp duty holiday, reports website](/img/default/lat.png)
A lettings agent comparison website, Rentround, says the stamp duty holiday has spurred existing and would-be landlords to search for new...
23 July 2020
From: Breaking News
![Buy to let investors urged to act before stamp duty benefit wanes](/img/default/lat.png)
A specialist buy to let mortgage broker is urging prospective investors to buy sooner rather than later if they want to...
21 July 2020
From: Breaking News
![PM presses Starmer on Labour’s “stamp duty bung” claim](/img/default/lat.png)
The Prime Minister has stepped into the ongoing row over a Labour claim that last week’s stamp duty holiday was merely...
16 July 2020
From: Breaking News
![Housing minister enters row over Labour “bung” accusation](/img/default/lat.png)
Housing minister Chris Pincher has entered the row over Labour claiming that the stamp duty holiday announced last week was in...
15 July 2020
From: Breaking News
![“Free landlord leads” promised by PropTech platform](/img/default/lat.png)
A PropTech firm is offering what it calls “free landlord leads” to letting agents who register with the company in July...
15 July 2020
From: Breaking News
![Labour says stamp duty holiday is “a bung for landlords”](/img/default/lat.png)
Labour has described the stamp duty holiday introduced last week as “a £1.3 billion bung for landlords” because the tax break...
13 July 2020
From: Breaking News
![Typical buy to let investor set to save almost £2k thanks to Sunak](/img/default/lat.png)
The research department of Countrywide’s Hamptons International brand says the stamp duty holiday introduced yesterday on homes selling for £500,000 or...
09 July 2020
From: Breaking News
![Campaigning Baroness slams Sunak over possible “mass homelessness”](/img/default/lat.png)
Former Labour Baroness Alicia Kennedy, the new director of the campaign group Generation Rent, claims 500,000 renters are in arrears as...
09 July 2020
From: Breaking News
![Scrap stamp duty on buy to lets, urges controversial property expert](/img/default/lat.png)
Buy to let investors should be exempted from the three per cent stamp duty surcharge even if purchasers of holiday homes still...
01 May 2020
From: Breaking News
![Rents set to stagnate over next 12 months, warns RICS](/img/default/lat.png)
The Royal Institution of Chartered Surveyors warns that rents are likely to stagnate for the rest of the year - although...