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KEYWORD "Weak" - 100 RESULTS
Demand slows as agents warn about unsustainable rent rises

The latest market report from Propertymark’s lettings agents suggests the demand is slowing. The latest data - for March - shows that...

03 May 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

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

AI to drive new property marketing tool from agents’ group

The Guild of Property Professionals is launch a new Ezine system for members to market properties to let and for sale. According...

11 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

London lettings becoming more stable, says LonRes

February saw significant improvements in activity across the prime London lettings market, and annual rental growth also increased slightly after four...

21 March 2024

From: Breaking News

Tory MP reported to bring Renters Reform Bill “to brink of collapse”

A national newspaper says the Renters Reform Bill is “on the brink of collapse” as Tory MPs are divided on their...

08 March 2024

From: Breaking News

Labour has waded into the increasingly-fractious debate over the Renters Reform Bill. Activists in groups such as the Renters Reform Coalition and...

29 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

Third of agents seeing rent rises even at weakest time of year

Over a third of ARLA Propertymark members reported in December that rental prices have increased, according to their latest Housing Insight...

31 January 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

Thousands of lettings agencies in financial distress - new figures

Thousands of lettings and estate agencies, and other property businesses, are in ‘critical’ or ‘significant’ financial distress, it’s been claimed. The latest...

23 January 2024

From: Breaking News

Tenants itemise top three priorities in new survey

A survey by one of the industry’s deposit alternative services, flatfair, shows that - unsurprisingly - over 61 per cent rank...

12 January 2024

From: Breaking News

Demand easing as rental market edges back to normality

The UK rental market is experiencing a gradual easing in demand, marking a shift from the peak levels witnessed in recent...

10 January 2024

From: Breaking News

Buy To Let investors compete with owner occupiers  - Nationwide

Owner occupiers have been competing with landlords in the battle to purchase smaller properties, new figures show. Smaller properties are often preferred...

02 January 2024

From: Breaking News

Mortgage Lenders set out buy to let forecasts for 2024/2025

UK Finance has published its housing and mortgage market forecasts for 2024 and 2025 together with projections for 2023 full year numbers. Key figures for 2023 In...

29 December 2023

From: Breaking News

Half of prime London new builds in 2023 went to foreign investors - agency

Strutt & Parker’s London New Homes staff attribute 50 per cent of their market this year as dollar-based - 30 per...

22 December 2023

From: Breaking News

Prime lettings market now near normal says Knight Frank

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

Shocking rent rises now a thing of the past says Zoopla

The scale of rent rises has peaked with future increases likely to be smaller, says Zoopla. The portal’s latest report into the...

13 December 2023

From: Breaking News

Latest RICS survey shows start of lettings market shift

The latest RICS lettings market survey shows another increase in rental demand - but that demand appears to be slowing. The institution’s...

09 November 2023

From: Breaking News

Revolutionise Property Listings With Our New AI-Powered Description Generator

In today's fast-paced and ever-evolving property industry, it’s essential that forward-thinking agents strive for innovation through PropTech to improve processes, save...

26 October 2023

From: Sponsored Content

Market Showing - prime rental growth starting to moderate

Rental growth in prime regional markets has started to slow, following runaway growth over the past three years. That’s the view from...

09 October 2023

From: Breaking News

Bank of England urged to increase interest rates AGAIN

The Centre for Economics and Business Research says the Bank of England should increase UK interest rates by another 0.25 per...

19 September 2023

From: Breaking News

Agency says London rental market lull down to fewer overseas students

Rental value growth in prime London postcodes declined further in August as supply built and demand cooled.  That’s the view of high...

18 September 2023

From: Breaking News

RICS survey predicts yet more rent rises

The latest lettings market snapshot from the Royal Institution of Chartered Surveyors shows that a significant majority of members expect yet...

14 September 2023

From: Breaking News

Shock at size of fall in landlord instructions

The results of the latest RICS UK Residential Survey, out today, point to a renewed worry about the housing market. The survey...

13 July 2023

From: Breaking News

Scrapping S21 helps nuisance tenants, warns property lawyer

A respected property lawyer is accusing the government of helping nuisance tenants at the expense of the weak and vulnerable. Ian Narberth,...

31 May 2023

From: Breaking News

Labour supports rent controls - and opposes them

Senior Labour figures have come out with sharply opposing views on whether the party backs rent controls. Shabana Mahmood, a senior MP...

04 May 2023

From: Breaking News

Commercial property investment slumps as UK economy weakens

The scale of investment in UK commercial property has fallen in all sectors, new research suggests.  Sirius Property Finance has analysed UK...

02 May 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

Agents in the frame as fraud compliance measures beefed up

Corrupt elites and criminal gangs who abuse the property and financial sectors will be identified and stripped of their cash, the...

05 April 2023

From: Breaking News

Agents try to shore up investor confidence after house price fall

Trade bodies have been trying to shore up investor confidence after the latest house price index, by the Nationwide, showing another...

03 April 2023

From: Breaking News

Agents react to Bank of England interest rate decision

The Bank of England has raised base rate by 0.25 per cent to 4.25 per cent - the highest level since...

24 March 2023

From: Breaking News

Plunging Pound means foreign investors bag buy to let bargains

Overseas investors have bagged an effective bonus of £40,000 off the purchase of a UK buy to let, according to leading...

14 March 2023

From: Breaking News

Agents back Polluter Pays concept to help leaseholders

Propertymark says current government policy over leaseholder protections is too weak. The letting agents’ trade body has thrown its weight behind a...

01 March 2023

From: Breaking News

Market slowdown starting according to latest house price figures

The average house price in Wales reached a new peak of £249,076 at the end of 2022 but cost of living...

25 January 2023

From: Breaking News

Demand falling at last as rental market stabilises - new RICS data

Tenant demand in the past month has been the lowest since February 2021 and suggests that the pace of demand growth...

19 January 2023

From: Breaking News

‘City of Airbnbs’ has seen country’s highest house price rise

House prices in York - where the local MP is leading an onslaught on the proliferation of short lets - have...

03 January 2023

From: Breaking News

House price slowdown hitting every region says Nationwide

The housing market slowdown is gathering pace and has now hit every region of the UK according to the Nationwide. In data...

03 January 2023

From: Breaking News

Lettings market continues to fly, says latest RICS survey

The headlines surrounding today’s new RICS market snapshot will concentrate on dramatic house price falls but the drop off in the...

08 December 2022

From: Breaking News

Compliance chief tells off the agency industry

Property professionals need to be more vigilant when it comes to their anti-money laundering processes. That’s the view of the manager of an...

17 November 2022

From: Breaking News

Interest rate chaos threatens profitability of buy to let - top agency

Rising interest rates are eroding the profitability of buy to let for mortgaged landlords, says Connells-owned agency Hamptons.   It says that its...

28 September 2022

From: Breaking News

Rental market to outperform sales for years to come - new analysis

New long-term analysis by Hamptons says rental growth will cool over the coming years but will still outperform house prices between...

02 September 2022

From: Breaking News

New trends for London renters spotted by agency branches

Demand for pied a terres from those working in offices for only three days of the week is fuelling demand for...

26 May 2022

From: Breaking News

Voids plummet as rents rise according to latest market snapshot

There’s been a big rise in rents and a large drop in voids in the past month according to PropTech supplier...

11 April 2022

From: Breaking News

Where’s Hot? Where’s Not? - new league table of tenant demand

A lettings agency has identified where tenant demand is strongest right now - and where demand is lower than some agents...

31 March 2022

From: Breaking News

Who’s going to police new higher standards for rental sector?

ARLA Propertymark has identified a key weakness in the government’s ambitious plans to reform the private rental sector as part of...

03 February 2022

From: Breaking News

Goodlord tweaks insurance offer because of lengthy eviction cases

Letting agents using rent protection and legal expenses insurance via Goodlord will have their rent protected until vacant possession, with no cap...

13 October 2021

From: Breaking News

Charging for Viewings? Trading Standards revises advice

The controversy over whether a new PropTech service can be used by agents to charge people to view a property to...

19 August 2021

From: Breaking News

Another Shelter report condemns state of British rental sector

Another report by the campaigning charity Shelter is critical of the quality of Britain’s private rental sector - and indeed the...

26 May 2021

From: Breaking News

Is the government REALLY going to scrap Section 21 evictions?

Some lettings industry figures are beginning to express doubt as to whether the government’s broad commitment to reform the private rental...

13 May 2021

From: Breaking News

Collapse in supply of houses listed for rent in prime London

High-end lettings agency Knight Frank says there’s been a huge loss of houses available for renters in prime London in the...

10 May 2021

From: Breaking News

Government tweaks Covid guidance for rental sector ahead of new rules

The government has revised its official guidance for the private rental sector and local authorities in the light of imminently-changing Coronavirus advice. The...

25 March 2021

From: Breaking News

Labour claims tenants “barely considered” during the pandemic

Labour’s shadow housing secretary claims that private renters have been “barely considered” during the past year of the pandemic. Thangam Debbonaire made...

22 March 2021

From: Breaking News

David Hackett, Head of Business Development for The DPS

Who are you and what does it say on your business card? I’m David Hackett, Head of Business Development for The DPS    What...

04 March 2021

From: 60 Second Interview

Voids increase across the board but market otherwise proving resilient

The latest market snapshot for the private lettings sector shows rents holding steady into 2021 but voids increasing across the board. The...

02 February 2021

From: Breaking News

2020 ends on low note for prime London lettings

Higher levels of supply and weaker demand have dominated prime London lettings markets this month says Knight Frank. This meant that average...

23 December 2020

From: Breaking News

‘Severe arrears’ now just cause for bailiff-enforced evictons

There’s been a further tweak to the eviction controls introduced in England for the duration of the lockdown, lasting until December...

17 November 2020

From: Breaking News

Top tips on how to ensure your AML procedures are up to scratch

The property market, and therefore, estate agents have been accused of being the 'weak link' in the UK’s money laundering defences. This...

29 October 2020

From: Legislation & Compliance

Quick Read Top Tips - 5 best practices for all businesses

Here is a quick read focusing on 5 things you can check your business is doing while on your tea break....

28 October 2020

From: Marketing & Social Media

Rent falls hit 10-year record in Prime Central London

Rents continue to fall in Prime Central London according to agency Knight Frank. After September’s data is taken into account the annual...

09 October 2020

From: Breaking News

 Right To Rent may be tweaked to allow easier online checks

The Home Office is proposing a new online service to make it easier for agents and landlords to check that prospective...

01 October 2020

From: Breaking News

Rents tumble in prime London - largest fall for 11 years

Data from Knight Frank suggests that average rental values in prime central London fell one per cent last month, taking the...

14 September 2020

From: Breaking News

London lettings hit by student uncertainty and corporate cuts

Uncertainty around the start of the academic year and pressure on corporate budgets means lettings activity has been lower than normal...

07 August 2020

From: Breaking News

Extra buy to let mortgage holiday opposed by activists group

The possibility of an extended mortgage holiday being introduced, for landlords as well as home owners, has been sharply criticised by...

22 May 2020

From: Breaking News

Will Build To Rent emerge stronger or weaker after the virus crisis?

A pro-Build To Rent online platform is hosting a webinar to discuss whether the sector will emerge from the Coronavirus crisis...

24 April 2020

From: Breaking News

25% drop in new tenancies in prime London and SE - forecast

Knight Frank is predicting that the number of tenancies agreed in the prime markets across London and the Home Counties in...

06 April 2020

From: Breaking News

Cities of southern England enjoy large pre-virus rent rises

The average rent for a newly let property rose 3.3 per cent in the year to the end of February -...

23 March 2020

From: Breaking News

Delay electrical rule changes to keep tenants safe, trade body urges

New regulations mean highest risk rental properties may not have legally binding electrical safety cover for a prolonged period of time. That’s...

26 February 2020

From: Breaking News

Labour council wants city-wide licensing and possible £12m windfall

Another Labour council wants to introduce a city-wide landlord licensing scheme - a proposal that would require government approval to implement. Last...

24 January 2020

From: Breaking News

HMOs increasingly popular in lettings market despite complexity

The latest lettings market snapshot by mortgage lender Paragon has found that of the landlords planning to purchase property in the...

24 January 2020

From: Breaking News

Big drop in homes on lettings market, reports Zoopla

New investment in private rented housing has fallen since 2016 as some private landlords have dipped out of the sector in...

22 January 2020

From: Breaking News

Average rent still hovering just below the £1,000 pcm level

The average cost of a rental home in Great Britain rose to £999 pcm in December according to figures just released...

20 January 2020

From: Breaking News

Labour outrage at licensing scheme extension being rejected

The fallout continues over the government’s shock refusal to allow Liverpool council to continue its huge landlord licensing scheme. Yesterday we reported that...

15 January 2020

From: Breaking News

Labour group says move to end pet ban doesn’t go far enough

A ginger group that supports the Labour party says the government’s bid to stop pet bans is meaningless and does not...

08 January 2020

From: Breaking News

Labour mocks government’s new funding to combat rogue agents

The Labour party has mocked the government’s £4m new funding for councils to combat rogue agents and landlords as “puny.” A statement...

06 January 2020

From: Breaking News

This is how much rents grew across Britain in 2019

Rental growth in Great Britain picked up throughout 2019 according to Countrywide.   In an analysis of the market released under the name...

27 December 2019

From: Breaking News

Landlord sentiment: things are bad…and getting worse

[Letting Agent Today was ‘off air’ for some of Wednesday and most of Thursday thanks to technical problems - we apologise to...

06 December 2019

From: Breaking News

Big rise in foreign landlords thanks to Brexit’s weak pound

The proportion of homes in Great Britain let by overseas based landlords is 11 per cent, up from seven per cent...

11 November 2019

From: Breaking News

Rents up but void periods down, according to new Zoopla survey

UK-wide rental prices are up 2.0 per cent annually to £876 – a three-year high – according to a new quarterly...

16 October 2019

From: Breaking News

Property investors concerned with Brexit effect on overseas investment

Property investors are concerned that Brexit could deter international buyers from purchasing property in the UK, which could in turn weaken...

11 October 2019

From: Breaking News

Super-rich turn to £5,000+ per week rental market due to Brexit uncertainty

Uncertainty around the UK's planned departure from the EU and the stability of the government is causing the super-rich to rent instead...

09 October 2019

From: Breaking News

Rental growth at three year high according to Countrywide

Rental growth continues to accelerate, reaching the highest level since April 2016 according to data from Hamptons International, part of Countrywide.   The...

24 July 2019

From: Breaking News

Lights! Camera! Short Lets! - how movies have led to a rental surge

The number of film-related enquiries for short lets received by Knight Frank in the year to May has shown a rise...

22 July 2019

From: Breaking News

Brexit and government interference start to hurt rental sector

Rents are rising at the fastest rate since 2017, pushing the average yield on residential property to 4.5 per cent, its...

12 July 2019

From: Breaking News

Rates, yields, demand and tax - reasons why holiday lets are booming

A holiday lets and short-term lettings market boom can be put down to a combination of four reasons, according to specialist...

05 July 2019

From: Breaking News

Consumer group slams rental sector over “hazardous homes”

Weak regulation of private renting is leaving hundreds of thousands of tenants living in hazardous homes in England, claims Citizens Advice. A...

27 June 2019

From: Breaking News

Average rent for new lets is almost £1,000 pcm - Countrywide

The average cost of a new let in Great Britain has risen to £977 per calendar month.  That’s a 2.6 per cent...

18 June 2019

From: Breaking News

PropTech supplier tweaks products to meet Fees Ban requirements

PropTech supplier Goodlord says it’s updated its core product to ensure compliance with new regulations - and it says it’s offering...

24 May 2019

From: Breaking News

Section 21: Government accused of Dickensian view of buy to let

The scrapping of Section 21, as proposed by the government, shows that Whiteall has “a Dickensian view” of the buy to...

17 April 2019

From: Breaking News

Quality of homes to let must improve, says PropTech chief

Sub-standard homes remain a key weakness in the private rental sector, which needs to get its house in order in the...

20 February 2019

From: Breaking News

London's Brexit lettings slowdown about to spread across UK - warning

The latest index from specialist buy to let platform Landbay says the slowdown in London’s lettings market since the Brexit vote...

08 February 2019

From: Breaking News

Rents to rise 7.5% over next three years predicts Countrywide

Rents are likely to rise 2.5 per cent in 2019, then 3.0 per cent in 2020 and a further 2.0 per...

21 December 2018

From: Breaking News

Lettings struggle in London sub-markets, Knight Frank figures show

Three London lettings sub-markets performed relatively weakly according to data just released by Knight Frank. Wimbledon’s rental values fell 1.5 per cent...

27 September 2018

From: Breaking News

Rental standards up, but sector still needs to improve - new report

There have been “significant leaps forward” in the standards of the private rental sector in the past four years, but safety...

20 September 2018

From: Breaking News

Rents have merely kept pace with RPI over past five years - Allsop

Rent rises in the private rental sector have merely tracked inflation and the Retail Price Index over the past five years...

13 August 2018

From: Breaking News

Confidence in buy to let sector remains stable despite recent upheavals

Buy to let sector confidence across a range of measures remained stable or increased in the first quarter of 2018 compared...

04 May 2018

From: Breaking News

More tenant-power and rent controls demanded by key think-tank

An influential think tank is calling on government to radically reform the private rental sector because a generation of young people...

18 April 2018

From: Breaking News

Final 2017 rental figures for Prime Central London show recovery

The rental market in Prime Central London has shown signs of recovery at the end of 2017, according to a new...

12 December 2017

From: Breaking News

Buy To Let end-of-year report: rents and values up but confidence weak

A cocktail of tax reform and tighter regulation is slowing growth across the private rental sector, despite its value hitting a new...

08 December 2017

From: Breaking News

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