Archive

Half of all private renters would not know where to turn to if a letting agent failed to address a problem...

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

Political parties should stop bickering and instead work together to improve the private rental sector. That’s the view of the Lettings industry...

A representative of the National Trading Standards Estate and Letting Agents team has told agents to accept new rules about material...

Propertymark wants HM Land Registry to provide more accessible and affordable services to its members.  HMLR launched a consultation last month as...

Propertymark is urging agents to get ahead of the curve and be ready for the next big initiative - Regulation.  Propertymark has...

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

The Open Property Data Association has released a new version of its property data standards framework to help letting agents comply...

The all-party House of Lords Industry and Regulators Committee has urged the government to get on with establishing a regulator of...

The number of private tenants in properties that are hard to heat has fallen, a council claims. As agents will know private...

Propertymark’s property auction division - NAVA - has given ringing endorsement to the Material Information changes demanded under new Trading Standards...

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

Labour is using a Bill currently going through Parliament as a backdoor method to introduce the regulation of lettings, estate and...

One of the lettings sector’s longest-standing suppliers - Mortgages for Business - is rebranding. It’s to be known as Mortgage Finance Brokers,...

Propertymark is hosting an Understanding Material Information for Lettings Agents on Thursday January 18 from 1230 to 1400. The National Trading Standards...

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

A London lettings agency has been expelled from The Property Ombudsman for not paying compensation to a landlord following a failure...

There were 3.7 new prospective tenants for every rental property listed in prime London postcodes last month says Knight Frank. The figure,...

I think we can all agree that the National Trading Standards Material Information reforms are a good thing for the property...

Propertymark has outlined an extensive regional programme for next year. It’s going to hold 19 regional events under the #morefor24 campaign slogan. The...

Parts B and C of the process to improve material information disclosure in property listings are published today within comprehensive new guidance...

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

Rightmove has teamed up with the National Trading Standards Estate and Letting Agency Team to create a new course on compliance...

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

An overwhelming number of letting and sales agents back the idea of more so-called Material Information on property details.  That’s according to...

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

A client account is essential to your lettings business, but the rules and regulations you need to follow to keep this...

Long established property business Newton Letting is rebranding as Rosevale Letting, following the conclusion of a licensing period. Former Newton employee, Riccardo...

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

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

The Head of the National Trading Standards Scams Team is one of two new non-executive directors at The Property Ombudsman. Louise Baxter...

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

A survey of local authorities in some of the poorest areas of the country - bodies which enforce many private rental...

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

A report being considered by a council says one of the UK’s biggest cities could see an 80 per cent collapse in...

Propertymark has welcomed what it calls the “clarity” given to advertising terminology following the publication of new guidelines from the National...

The National Trading Standards Estate and Lettings Agency Team has issued new guidance on terminology used in property advertising - particularly lettings. The...

A rogue lettings agency in London has been expelled from The Property Ombudsman scheme but is still thought to be trading. Hawks...

The head of one of the country’s highest profile franchise agency empires says the self-employed ethos of some advisers and entrepreneurial...

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

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

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

After numerous stories of councils and letting agencies at each others’ throats over To Let boards, Trading Standards and other controversies,...

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

Six letting agencies across the London borough of Haringey have been fined a total of £12,000 after a council clampdown. Trading Standards...

Trading Standards has stopped a lettings agency owner from being a company director after he defrauded customers by over £80,000. Francis Smart,...

One of the biggest lenders in the rental space - Paragon Bank - recorded a 19 per cent increase in buy...

LSL Property Services - owner of the Reeds Rains and Your Move brands - says it’s movement of agency branches to...

A trading statement from Belvoir reveals that the franchise giant is on the look out for “good quality complimentary acquisitions”. A strong...

A chief executive who pledged to beef up her agency’s lettings division - but failed to do so - is leaving...

Purplebricks has given its most pessimistic trading update yet, admitting its effects to find a buyer are tanking and its financial...

Platforms like Facebook are infiltrated by fake review factories, despite the imminent publication of a new Bill which will look to make...

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

Several lettings agents have been expelled from The Property Ombudsman scheme; they are amongst eight named as having been kicked out...

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

Trading Standards is reminding letting agents of their legal obligation to protect money they are holding on behalf of a client...

The head of a property investment firm has been disqualified from being a director for 12 years following the discovery that...

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

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

Pre-tax profits for Connells Group have plummeted from £111.3m in 2021 to £67.5m last year - but its lettings division has...

Trading Standards officers check for agents’ compliance by scrutinising their websites, it’s being claimed. Agents are being warned to ensure their websites...

The chief executive of Purplebricks, who eight weeks ago claimed to have “a plan to grow our lettings business”, is now...

A PropTech expert is warning that letting agents can expect hefty fines if they fail to comply with complex Client Money...

We’re only in February and it’s already clear that this year will set the future direction of the private rented sector...

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

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

It’s been revealed that agents have been kicked out of The Property Ombudsman in recent months for failing to pay compensatory...

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

The head of a Martin & Co office in Wolverhampton has been jailed over fraudulent activity. A court heard that Bhavander Singh...

A landlord has pleaded guilty to four offences which involved the creation of fake letting agencies in order to help him...

A statement to shareholders by the Savills lettings and estate agency admits that it under-estimated how strong the high end prime...

There will be up to six new branches opened this year for the franchise brand Winkworth. The agency made its announcement in...

Propertymark auditors are offering in-person visits to branches to improve their compliance.  The trade body says this is in response to demand from...

UK banks are closing client accounts held by established letting agents and refusing to open accounts for new businesses. The Problem A growing...

Purplebricks has detailed the price it is paying for a lettings compliance blunder first spotted last year. It predicts that, at worst,...

The Observer newspaper has investigated the way letting agents apply so-called zero deposit schemes - and claims that in some cases...

Purplebricks is to reveal its latest trading figures next week in a crucial test for the turnaround strategy of new chief...

Lettings income for LSL Property Services increased two per cent in the past year - at just the time the company...

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

A council’s Trading Standards team is warning letting agents of a new clampdown on compliance failures. Stoke-on-Trent Trading Standards says it’s received...

A bizarre lettings start-up has launched - and isn’t taking rent in return for property.  KindRoom instead offers itself as a platform...

Utility technology platform Muuvo says the information it accesses can help agents meet the enhanced ‘material information’ requirements which Trading Standards...

Trading Standards is describing a penalty imposed on a London letting agent as “a landmark” after the company failed to comply...

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

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

The details of the Northern Ireland Private Tenancies Bill will be the main focus of the Propertymark annual conference in Belfast...

Five agencies have been expelled from The Property Ombudsman scheme - all for compliance failures. The first is Home Trader Properties, in...

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

Grainger, the UK’s largest landlord and a huge player in the Build To Rent sector, says it’s going to implement only...

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

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

Trading Standards is calling for more due diligence checks to be made following the jailing of a rogue letting agent for...

A former lettings agent has been jailed for almost three years after admitting conning landlords out of over £80,000. The sentence for...

Purplebricks has announced a new director of risk and compliance, following its lettings division’s high profile compliance error last year.  In Decvember...

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

A letting agent who stole over £80,000 from landlords is awaiting sentence. Frank Smart - owner of Smart Residential Letting Agents in...

It’s been reported that the lettings book owned by a long-standing agency has been sold to a rival firm. A message on...

A county council is urging people to complain if they believe letting agents are failing to comply with consumer legislation. Staffordshire county...

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

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