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Rental demand still incredibly high, says Propertymark

There were 108 new applicants registered per Propertymark member lettings agency branch on average in January, compared to just 64 in...

17 February 2023

From: Breaking News

PropTech firm marks 10th birthday with customer giveaways

The Lettings Hub is celebrating its 10th birthday this week with 10 days of giveaways to customers, clients, employees, suppliers and...

17 February 2023

From: Breaking News

Agents Warned: hefty fines if firms found to be non-compliant

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

16 February 2023

From: Breaking News

More renters lie about pay to secure tenancies - claim

Over half of all fraudulent tenancy applications involve fake or doctored pay slips, a PropTech firm claims. Goodlord analysed a sample size...

16 February 2023

From: Breaking News

Rebrand and new name for fast-growing lettings agency

Lomond, which in the past two years has made 40 acquisitions of mostly small independent agencies, has marked its second anniversary...

16 February 2023

From: Breaking News

Sturgeon move is chance to reset rental sector says agent

A prominent Scottish lettings agent says the decision of Nicola Sturgeon to resign as Scotland’s First Minister may offer a chance...

16 February 2023

From: Breaking News

Prime London rent rises may have plateaued - LonRes

The rate of rental growth in Prime London has started to ease and may even have levelled off, says data firm...

16 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

Landlords’ “knowledge gap” presents opportunity for letting agents

Letting agents say the latest review of how Right To Rent has been carried out demonstrates “a knowledge gap” by landlords. This...

15 February 2023

From: Breaking News

Short-stay accommodation provider snaps up another site

Derby-based serviced apartment provider The Stay Company has snapped up another site for its portfolio. The development in Gedling, Nottinghamshire, is called...

15 February 2023

From: Breaking News

Landlords quitting rental sector? Not yet, new survey shows

The mass exodus of landlords unhappy with increased tax and regulation appears not to have happened - at least yet. A quarterly...

15 February 2023

From: Breaking News

Propertymark claims “progressive” new qualification is industry first

Registrations are now open for Propertymark Qualifications’ multi-discipline Level 4 Certificate in Property Agency Management. The trade body describes this as a...

15 February 2023

From: Breaking News

Airbnbs and Holiday Lets give huge cash boost to communities - claim

The growth of the short term rentals sector has helped create an economy featuring jobs that benefit local communities and fit...

14 February 2023

From: Breaking News

Lawyers warn of “huge gaps” in legal aid for evicted tenants

Large areas of the country  will remain without vital legal advice to prevent evictions if the government fails to persuade law...

14 February 2023

From: Breaking News

Franchise giant snaps up long-standing independent agency

The Solihull branch of Hunters has acquired independent agency Searchers, which was set up back in 1995. Becki Dean, lettings director for...

14 February 2023

From: Breaking News

Rebrand revealed for 20 year old regional agency

A north of England lettings agency has rebranded after two decades. Walton Robinson - which specialises in residential lettings for students, professionals...

14 February 2023

From: Breaking News

Rental growth shows no sign of slackening, insists top agency

Rental growth is showing no sign of slackening with average rents up 8.3 per cent on the same time last year...

14 February 2023

From: Breaking News

MPs' idea for Rental Sector Ombudsman slammed by letting agents

Propertymark has hit out at a proposal from a group of MPs that there should be a single Ombudsman covering the...

13 February 2023

From: Breaking News

Lettings manager guilty of fraud - but how much did she take?

A former lettings manager has pleaded guilty to defrauding her agency employers for almost five years - but there’s uncertainty over...

13 February 2023

From: Breaking News

High profile lettings supremo takes new role at agency group

The man who led the sale of prominent lettings agency Finders Keepers to Countrywide has landed a new role as group...

13 February 2023

From: Breaking News

Tenants quit London as rents make capital unaffordable

The rapid recovery in London rents post-Covid has seen the capital’s tenants leave in record numbers, according to new research from...

13 February 2023

From: Breaking News

Agent reports ’normalising’ rental market as supply improves

The latest market analysis by London lettings agency Chestertons, comparing January 2023 to the same month last year, shows the rental...

13 February 2023

From: Breaking News

Business Rates shock for holiday let owners - warning

The Valuation Office Agency has issued a reminder that changes to eligibility rules for self-catering properties will come into effect from...

10 February 2023

From: Breaking News

Make evictions even tougher to execute - Baroness speaks out

The activist group Generation Rent is backing a call by MPs for the government to tighten up proposals to scrap Section...

10 February 2023

From: Breaking News

Agents may be duped into using wrong Right To Rent ID checks

Agents are confused over so-called digital identity verification - and some suppliers may be trying to dupe agents. That’s the claim from...

10 February 2023

From: Breaking News

Rent rises slow as more tenants stay put and supply improves

Price growth in the rental market is predicted to continue throughout 2023 but there are tentative signs that rent hikes are...

10 February 2023

From: Breaking News

Repossession figures trigger worried response from charity

New figures from the Ministry of Justice show that between October and December last year, across England and Wales, there were...

10 February 2023

From: Breaking News

Tenants’ mental health hit by high rents - claim

A property firm is claiming that nearly half of the UK’s younger generation of renters stay up at night worrying about...

09 February 2023

From: Breaking News

Interest rates to rise again as top agent warns on sales market

The chief executive of Propertymark is warning that interest rates are likely to rise at least one more time. The remarks by...

09 February 2023

From: Breaking News

Less Work! PropTech integration claims to cut admin for agents

Prop-tech platform OpenBrix has revealed a strategic partnership with a digital identity provider, Yoti.  Through its app tlyfe, the collaboration will enable tenants...

09 February 2023

From: Breaking News

Fund management chief to tell agents about market prospects

Fine & Country holds its international conference on March 10 and according to the agency it will be attended by representatives...

09 February 2023

From: Breaking News

Fine for investor turning chapel into housing

The owner of a property in the Leicestershire village of Great Dalby has been fined after removing two trees within a...

09 February 2023

From: Breaking News

Industry insider demands damp and mould rental property campaign

A national campaign warning about the dangers of damp and mould could help save lives, a property industry insider says. A recent...

08 February 2023

From: Breaking News

Agents contacted about CMP bank account compliance

Property accreditation service safeagent has written to all of its agents in England urging them to check legal requirements when setting...

08 February 2023

From: Breaking News

Judge rejects claim that ‘property guardians’ stopped house being HMO

A property firm has been fined £8,000 for operating an HMO on one of Britain’s most famous roads. Westminster council has won...

08 February 2023

From: Breaking News

Campaign launched to allow pets to be kept by private tenants

One of the most controversial subjects affecting letting agents, tenants and landlords alike is back on the agenda. Two of the UK’s...

08 February 2023

From: Breaking News

Six Housing Ministers in 12 months!

It appears likely that Rachel Maclean is set to become the sixth housing minister in 12 months, replacing Lucy Frazer. In the...

08 February 2023

From: Breaking News

Council using planning powers to try to “control” Airbnbs

A council says it’s using planning powers to try to control the proliferation of Airbnbs, but suggests the real answer may...

07 February 2023

From: Breaking News

Hundreds of agency branches to be Food Bank donation centres

Agency giant Leaders Romans Group has launched a nationwide partnership with the Trussell Trust, which operates many of the country’s food...

07 February 2023

From: Breaking News

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

Massive expansion for Build To Rent as operator acquires 11 sites

Build To Rent provider Sigma Capital Group Limited has announced plans to deliver 865 new homes across 11 sites around the...

07 February 2023

From: Breaking News

PropTech link claims to ease admin burden for letting agents

Marketing platform BriefYourMarket has announced a PropTech integration with SME Professional, a provider of management software aimed at letting agents. Started in...

07 February 2023

From: Breaking News

Self-employed Broker-style firm makes pitch to recruit letting agents

One of the first companies to promote the self-employed ‘broker’ business model is appealing to letting agents to sign up. Harding Green...

06 February 2023

From: Breaking News

Breakaway agency plans three new offices a year in massive growth plan

Three months after becoming an independent estate agency, North Residential has opened a second branch. The new office - in Pocklington, East...

06 February 2023

From: Breaking News

Second huge fine for lettings firm’s HMO non-compliance

A lettings company called Trophy Homes Limited, based in Liverpool, has pleaded guilty to failing to apply for an HMO licence...

06 February 2023

From: Breaking News

Historic agency merges with chartered surveying firm

The Herbert R Thomas agency, known as HRT, is merging with Rawlins & Madley. The two South Wales firms announced the merger on...

06 February 2023

From: Breaking News

Bank warns of 10 per cent fall in house prices this year

Spanish bank Santander says UK residential property prices look set to fall 10 per cent this year and will return to...

06 February 2023

From: Breaking News

‘No Airbnb’ - flats win planning consent but short lets are banned

A new block of apartments on the banks of a photogenic canal has been given the planning green light - but...

03 February 2023

From: Breaking News

HMO numbers falling despite need for more rental properties

England’s HMO market is shrinking despite a widespread need for more affordable rental accommodation. In 2019/20, there were an estimated 510,776 HMOs...

03 February 2023

From: Breaking News

Better-than-expected economic news sugars interest rate pill

The headlines from yesterday’s Bank of England announcement are dominated by the base rate rise, but there’s been some unexpected good...

03 February 2023

From: Breaking News

Mortgage rates could fall by a quarter despite latest rise - claim

Interest rates may be on the way up right now following the latest Bank of England decision but there’s good news...

03 February 2023

From: Breaking News

Figures show long-term growth of private rental sector

A debt advisory service claims it has calculated the overall size of the private rental sector. Sirius Property Finance analysed the current...

03 February 2023

From: Breaking News

Online agency’s unusual move to establish a lettings division

The online agency Yopa is linking with an existing PropTech platform to offer a lettings option to landlord customers. The link is...

02 February 2023

From: Breaking News

Reinstate Mortgage Interest Tax Relief - agents’ plea to government

Propertymark has told the government it should have three priorities for next month’s Budget. 1. Improving welfare system for vulnerable and low-waged...

02 February 2023

From: Breaking News

Interest Rates: Bank of England announces latest decision

The Bank of England has increased base rate to 4.0 per cent - its 10th rate rise in a row. Nathan Emerson,...

02 February 2023

From: Breaking News

Lettings Market - latest figures for Rents and Voids

The latest Rental Index from Goodlord shows a mixed market with rents holding steady but voids increasing in certain regions. The cost...

02 February 2023

From: Breaking News

Private renting vital to economic and social fabric of UK - report

The private rented sector has an important economic and social role to play across the country, according to a new report...

02 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

Lettings Market - Change clearly on the way, says Knight Frank

The supply of lettings property is finally increasing says Knight Frank. The agency says that in London and elsewhere, mortgage rates and...

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

Agents’ message to government - boost supply to end housing shortage

Agents’ body Propertymark wants more government action to boost housing supply - and it wants the views of the industry on...

01 February 2023

From: Breaking News

PropTech integration claims to save letting agents time

Another PropTech application is being integrated with the Tenancy Deposit Scheme API. The integration is with Apex 27 which claims its mission...

01 February 2023

From: Breaking News

Improving rental sector EPCs will require cash - and plenty of it…

Propertymark wants to see more energy-efficient homes, but with realistic targets and incentives to act. In its submission to the government ahead...

31 January 2023

From: Breaking News

Extra tax on buy to lets can help housing be ‘more equal’ - claim

The political party propping up the Scottish Government says higher taxes on buy to lets will help the housing market be...

31 January 2023

From: Breaking News

Agency’s new dedicated lettings team for rejuvenated London area

Agency launches dedicated lettings team for rejuvenated London area Savills has launched a dedicated residential lettings office in an area of prime...

31 January 2023

From: Breaking News

Equity Release still expanding despite economic headwinds

The equity release market has expanded by 27 per cent to hit a record £5.58 billion of new lending last year,...

31 January 2023

From: Breaking News

New Build To Rent firm says it’s helping reverse rental stock shortage

A new dedicated Build To Rent company, Adler Estates, has launched in the westcountry. It’s part of the Eagle One group of private property companies...

31 January 2023

From: Breaking News

Competitive bids wane as market starts stabilising - Rightmove

Average asking rents for new tenants outside London have risen to another new record of £1,172 per calendar month says Rightmove. This...

30 January 2023

From: Breaking News

Labour launches major review of private rental sector

The Labour Party is to launch a major review of the private rental sector, led by the head of a London...

30 January 2023

From: Breaking News

Regional franchise firm expands after snapping up independent

CJ Hole, part of The Property Franchise Group, has expanded with the acquisition of an independent firm in Bristol. CJ Hole owner...

30 January 2023

From: Breaking News

Airbnb issues consumer warning about scams

Short lets platform Airbnb - increasingly used by landlords acting as hosts - has issued a warning to consumer users about...

30 January 2023

From: Breaking News

Energy Efficiency Regs will reduce housing supply - claim

Housebuilders have branded a west country council’s decision to ask for all new homes to be net zero as ‘unaffordable' and...

30 January 2023

From: Breaking News

Six agencies expelled by The Property Ombudsman

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

27 January 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

Agents tell government - get your act together

Propertymark has told a UK government to stop ignore the damaging effect of its policies on the private rental sector. An outspoken...

27 January 2023

From: Breaking News

Big rise in fraudulent applications claims reference service

Attempted fraud in the letting sector has risen sharply over the past two years, it’s been claimed. Tenant reference provider Homeppl claims...

27 January 2023

From: Breaking News

Crystal Balls? Solicitor predicts five trends for buy to let in 2023

A prominent legal firm has given its view on the five key trends facing the private rental sector in 2023. These come...

27 January 2023

From: Breaking News

Shock figures show lettings market running out of homes to rent

The availability of stock within the owner-occupied market is now back to a pre-pandemic norm, but the reverse is true for...

26 January 2023

From: Breaking News

Rent Controls won't solve housing crisis, experts warn

The housing crisis will be made worse by rent caps, two property experts have said. Various activist groups, much of the Green...

26 January 2023

From: Breaking News

Activists protest outside agents’ offices demand ‘no bidding’

The anti-agent pro-renter group Acorn has protested outside some agents’ offices in Bristol demanding an end to rival bids for properties...

26 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

Rent-to-Own PropTech platform wins huge cash injection

Keyzy, a rent-to-own service aimed at aspiring homeowners, has raised £3m in a seed funding round.  The proceeds will accelerate its purchases...

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

Yields rising - but enough to stop landlords quitting the sector?

Buy to let specialist lender Fleet Mortgages says almost every region of the UK is now seeing increased yields for investors.  The...

25 January 2023

From: Breaking News

Top 10 cities for buy to let investment revealed by insurer

London has continued to dominate the list of the most attractive cities for buy to let investment for the second year...

25 January 2023

From: Breaking News

Agents invited to virtual forum to discuss new licensing schemes

Letting agents and landlords are invited to join a virtual forum for a further update on new licensing requirements and to...

25 January 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

All Change - supply growing and rental prices under pressure

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

Not Enough! Six per cent rent rise cap is too harsh, agents warn

The U-turn by politicians in Scotland who ended a complete rent freeze doesn’t go far enough, says Propertymark. At the end of...

24 January 2023

From: Breaking News

Independent agency snaps up nearby lettings operator

Jeffrey Ross, an independent lettings and sales agency in Cardiff, has acquired ACJ Sales and Lettings in Penarth. Jeffrey Ross has acquired...

24 January 2023

From: Breaking News

High end lettings and sales agency sold to Middle East business

High end agency UK Sotheby’s International Realty - which has properties to let at up to an eye-watering cost of £80,000...

24 January 2023

From: Breaking News

Rent guarantor provider strikes deal with large letting agency

A rent guarantor provider has announced a deal with agency Clever Student Lets. The provider - called RentGuarantor - says the deal...

24 January 2023

From: Breaking News

Surprise coup for UK agency as Christie’s names it ‘exclusive UK affiliate’

Global luxury real estate brand Christie’s International Real Estate has signed Carter Jonas as its exclusive affiliate in the United Kingdom.  Carter...

23 January 2023

From: Breaking News

Rent rises much smaller than many claim, government figures show

Private rents rose by 4.2 per cent in the year to December according to official government figures released this week -...

23 January 2023

From: Breaking News

PropTech: Lettings platform snapped up by fast-growing Goodlord

PropTech firm Goodlord has acquired lettings platform Halo. It’s Goodlord’s third acquisition in as many years. Halo, launched in 2020, provides tenants with...

23 January 2023

From: Breaking News

Propertymark backs legal challenge to government rent controls

Propertymark is one of three lettings organisations behind a bid to get a Judicial Review of the Scottish Government’s rent controls...

23 January 2023

From: Breaking News

Early bird going cheap - massive agency event begins ticket sales

Early bird tickets are now on sale for estate agent body Propertymark’s biggest event of the year at Wembley on June...

23 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

Illegal sub-letting case ends with £34,000 for former tenant

A young family have started 2023 in their new permanent home after a London council recovered the property from an illegal...

20 January 2023

From: Breaking News

Rent freeze U-turn welcomed by leading agent

Ruling politicians in Scotland have agreed that from April private rents can rise by 3.0 per cent in a 12 month period...

20 January 2023

From: Breaking News

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