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Purplebricks Crunch Day - chairman survives key vote

Purplebricks chairman Paul Pindar has survived a challenge from a rebel investor - but shareholders appear split.  A company general meeting -...

19 December 2022

From: Breaking News

Leading agent writes to Gove with ‘lay off the rental sector’ message

A prominent letting agent has written an open letter to Housing Secretary Michael Gove, calling for a halt on government attacks...

19 December 2022

From: Breaking News

Rents may have peaked - but that’s bad news, says Propertymark

The chief executive of Propertymark says latest data from letting agents suggests rent rises may have peaked - but that could...

19 December 2022

From: Breaking News

Connells brand launching TV campaign on Boxing Day

One of Connells’ high end branch, Hamptons, is releasing a TV advertisement on Boxing Day.  The advert, in 30 and 60 second...

19 December 2022

From: Breaking News

Tenants renting longer and paying more - new survey’s findings

Over the last decade, the proportion of people aged 24 to 64 living in their own home has fallen and the...

19 December 2022

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

As You Were! Rate rise won’t change market dynamics - Rightmove

Rightmove says yesterday’s Bank of England base rate rise to 3.5 per cent - the ninth hike in as many Bank...

16 December 2022

From: Breaking News

Named - the area where rents are up 42 per cent in a year

A London borough has been identified as having 42 per cent rental inflation in the past year. Lambeth in the south of...

16 December 2022

From: Breaking News

Agents and suppliers take centre stage at “colossal” conference

Propertymark pledges that an event being held next summer will be “colossal” - and will haver the likes of lettings agents...

16 December 2022

From: Breaking News

Same Old Story - Prime London rents soars as stock shortage goes on

The latest market snapshot by London-focussed data company LonRes shows that a shortage of homes available to rent across all parts...

16 December 2022

From: Breaking News

Interest Rates - Bank of England's latest announcement

The Bank of England has increased base rate by 0.5 per cent to 3.5 per cent. This is the ninth consecutive base...

15 December 2022

From: Breaking News

New Eviction Ban Call - government under pressure from MPs

The government is under new pressure to introduce a last minute eviction ban to avoid private renters facing homelessness over Christmas. Liberal...

15 December 2022

From: Breaking News

Growing number of fraudulent ID and lettings applications

Data from fraud prevention database CIFAS a marked increase in both identity fraud and false lettings applications in the UK according...

15 December 2022

From: Breaking News

Agents buy out London branch after death of owner

Two members of Ellis & Co’s Mill Hill team have bought out the branch.  Ellis & Co Mill Hill’s Paul Glass has...

15 December 2022

From: Breaking News

Actual rent rises may be below figures in surveys - claim

PropTech firm PayProp UK claims actual rent rises may be well below those suggested in some surveys. In response to the Scottish...

15 December 2022

From: Breaking News

Franchise firm bags experienced agent to enter new territory

The Propertynest lettings and sales agency is expanding into Yateley in Hampshire.  This follows the recruitment of experienced agent Mark Holloway into...

15 December 2022

From: Breaking News

Agency boasts of lettings surge despite office closures

Keller Williams UK - which has seen market centre closures in recent months - insists that its lettings business KW Move...

14 December 2022

From: Breaking News

Lettings key to agents’ survival if sales slump in 2023

Data from the mortgage lenders’ trade body UK Finance shows the wisdom of agents having a lettings division. The body says: “We...

14 December 2022

From: Breaking News

Rent controls forcing landlords to consider quitting - Propertymark

No fewer than 85 per cent of letting agents say that landlord clients have expressed a wish to sell up in...

14 December 2022

From: Breaking News

Best rental returns are outside Southern England says agency

Annual rental growth strengthened for the third month running, with average rents up 7.9 per cent across Britain on the same...

14 December 2022

From: Breaking News

What do agents want in 2023? New survey reveals all

This may be 2022’s least surprising research finding - most property professionals want interest rates to fall. A webinar poll undertaken by...

14 December 2022

From: Breaking News

Gove urged to appoint a ‘Healthy Housing Minister’

Housing Secretary Michael Gove is being asked to take urgent action over housing conditions across social and private rental sectors.  Following the...

13 December 2022

From: Breaking News

Agent offers free interior styling to all landlord clients

A London lettings agent is offering free interior styling to all his clients. After 16 years working as head stylist for one...

13 December 2022

From: Breaking News

Council spotlight on empty private homes - but not its own vacant properties

A council wants public views on empty private homes in its patch - but doesn’t want to talk about publicly-owned empty...

13 December 2022

From: Breaking News

Short lets industry backs government register scheme

The fledgling trade body for the UK’s short lets industry has welcomed the government’s proposal for a registration scheme for hosts. The...

13 December 2022

From: Breaking News

Portal’s lettings experts to cultivate link with homelessness charity

Zoopla has given details of its collaboration with homelessness charity Crisis following the announcement of a three-year partnership earlier this year. Crisis’s...

13 December 2022

From: Breaking News

Interest Rate Rise - more bad news expected

The Bank of England’s monetary policy committee meets again this week with a further interest rate rise likely if base rate...

12 December 2022

From: Breaking News

Council campaigns for rent controls - with no power to introduce them

A new survey has been launched to gather views from people in a major English city on the idea of introducing...

12 December 2022

From: Breaking News

Buy To Let is NOT dead - investors buy higher proportion of homes

Investment buyers will snap up a higher proportion of homes in 2022 than they did in 2021, the Hamptons agency forecasts.   So...

12 December 2022

From: Breaking News

Another independent snapped up by growing franchise operation

Martin & Co’s Ashford branch is celebrating the countdown to Christmas with another independent agency acquisition. The franchised office, owned by Kevin...

12 December 2022

From: Breaking News

Agents angry at Gove scrapping meaningful housing targets

Agents have expressed their anger at the government effectively scrapping any meaningful house building targets. Housing Secretary Michael Gove scrapped the mandatory...

12 December 2022

From: Breaking News

Public back big tax rise for second home and lets owners

A consultation proposing a steep rise in council tax for second homes has won strong public support. Flintshire council in north Wales...

09 December 2022

From: Breaking News

Agent wants rental properties to have their own planning class

A prominent independent lettings agency says the typical tenant outside of London now spends 63 per cent of their household income...

09 December 2022

From: Breaking News

PropTech partnership will drive ‘cultural change’ for agents

Inventory and property reporting app Inventory Base has partnered with software operator MRI Software. This means that through the MRI Partner Connect...

09 December 2022

From: Breaking News

Lettings market “does not bode well for low income tenants”

Trends in the lettings market “do not bode well for renters on low incomes” according to an analyst. Jack Godby of lettings...

09 December 2022

From: Breaking News

Rent rises for renewed tenancies far lower than for new ones

The average rent for a new letting has increased by £117 per month since last year, reaching £1,078 per calendar month...

09 December 2022

From: Breaking News

Claims against Purplebricks for lettings problems could exceed £5m

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

08 December 2022

From: Breaking News

Labour MP attacks Airbnb hosts for “exploiting” housing crisis

A Labour MP has attacked Airbnb hosts and others in the short lets business, accusing them of “this exploitation of housing...

08 December 2022

From: Breaking News

Rightmove woos agents with personalised marketing videos

Rightmove has created thousands of personalised videos to help letting agency branches highlight this year’s achievements to prospective landlords. The video can...

08 December 2022

From: Breaking News

Connells brand reveals London office expansion in lettings haven

  John D Wood, one of the high end brands now owned by Connells, has expanded into the Docklands & City area...

08 December 2022

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

Zero Deposit firm demands code of conduct to stop pressure-selling

One of the leading deposit alternative services has called for a code of conduct to step, amongst other things, alleged pressure...

07 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

Short lets to be ‘banned’ from city claim landlord reps

A crackdown on Airbnbs and other short lets in the Scottish capital, Edinburgh, has infuriated landlord’s’ representatives. In line with the rest...

07 December 2022

From: Breaking News

Gove leans on competitions watchdog to probe house builders

Housing Secretary Michael Gove has sent a letter to the Competitions and Markets Authority saying the watchdog is independent - but...

07 December 2022

From: Breaking News

Funding for buy to let investment plummets as wider economy tanks

A new analysis claims to show how difficult it has become for buy to let investors to secure finance as a...

07 December 2022

From: Breaking News

Agents put Eco-improvements on ice thanks to economic woe

The volatile economy is forcing small agencies and other modest-sized businesses to put on hold millions of pounds of spending on...

06 December 2022

From: Breaking News

Airbnb registration and short lets planning consent under consideration

The government is to open a consultation on whether residential properties should require planning consent to be used as short lets...

06 December 2022

From: Breaking News

Agency reveals ‘best rebranding ever seen’

A well known regional lettings agency has completed a £250,000 investment drive that includes a new office and a recruitment campaign. Berriman...

06 December 2022

From: Breaking News

Councils given public cash to tackle poor rental housing standards

Three councils will be sharing £1.21m in public cash over the next two years to tackle poor quality properties in the...

06 December 2022

From: Breaking News

Training for agents handling new council licensing scheme

A London borough is tomorrow holding an online training session for agents and landlords on how to submit a licence application...

06 December 2022

From: Breaking News

Media accuse agents of mis-selling deposit alternative schemes

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

05 December 2022

From: Breaking News

John Lewis reveals details of huge rental residential developments

The John Lewis Partnership has agreed a £500m multi-decade joint venture with global investment company abrdn to deliver around 1,000 new...

05 December 2022

From: Breaking News

Double Digit Rent Rises despite seasonal slowdown

The latest rental index from Goodlord shows rents down over the past month, with voids inching up.  All seven English regions monitored...

05 December 2022

From: Breaking News

Agency names new lettings supremo in key London branch

Savills has promoted Sophie Candlin, a negotiator in its south west London Teddington office, to become its head of lettings. She takes...

05 December 2022

From: Breaking News

OnTheMarket webinar series presents suppliers to agents

OnTheMarket is to host a series of Meet Our Partners webinars to showcase suppliers with links to the portals.  Since Jason Tebb...

05 December 2022

From: Breaking News

Purplebricks to reveal trading figures and lettings future

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

02 December 2022

From: Breaking News

PropTech bid to supercharge social media for agents

A PropTech supplier is claiming that a new link with a Facebook expert will help supercharge the social media experience of...

02 December 2022

From: Breaking News

Short Lets trade body reveals its first chief executive

The UK Short Term Accommodation Association has named a new chief executive.  Andy Fenner will support STAA chairperson Merilee Karr and director...

02 December 2022

From: Breaking News

House price fall is “first sight of mini-Budget carnage” - claim

A financial expert says the latest house price index, showing the biggest monthly fall for over two years, is the “first...

02 December 2022

From: Breaking News

Tenants will pay more for low-carbon home - Build To Rent firm’s claim

Research released today by Legal & General, a player in the Build To Rent sector, claims that renters are willing to...

02 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

Rent Freeze - time for agents to say what they REALLY think

Agents have only until the end of tomorrow, December 2, to feed into Propertymark’s response to a new consultation on the...

01 December 2022

From: Breaking News

Agents Working Alone - vital safeguarding webinar today

The Association of Independent Inventory Clerks is hosting a webinar this evening for letting agents and other industry employers responsible for...

01 December 2022

From: Breaking News

Talk Talk - twice as many Propertymark regional conferences in 2023

Propertymark is doubling the number of full-scale regional conferences in 2023, and for the first time they will be free to...

01 December 2022

From: Breaking News

Family-run agency bolsters lettings team with new co-ordinator

Nottinghamshire estate agency Gascoines has bolstered its lettings team with the appointment of Callum Holmes as lettings co-ordinator.  With more than 10...

01 December 2022

From: Breaking News

Rental Revolution Tomorrow - new contracts issued for lettings agents

A new lettings regime that is described as the biggest change in many decades comes into effect tomorrow in Wales, with...

30 November 2022

From: Breaking News

Foreign property investors must be registered, says government

The government is urging all overseas entities who own property in the UK to register at Companies House. The Register of Overseas...

30 November 2022

From: Breaking News

Ethical lettings service links with PropTech maintenance platform

A not-for-profit company that matches rental properties with vulnerable tenants in need of accommodation has partnered with a maintenance firm to...

30 November 2022

From: Breaking News

Controversial city HMO licensing scheme to go ahead

A new licensing scheme for HMOs, agreed by leaders of Portsmouth council, will be implemented from September 1 2023. Licensing of HMOs...

30 November 2022

From: Breaking News

Awaab Tragedy - Damp awareness course for agents

Following the recent inquest into the tragic death of two-year old Awaab Ishak in Rochdale, agents are being offered free awareness...

30 November 2022

From: Breaking News

Agency figure warns government not to scare off landlords

A senior Savills figure, who chairs the trade body known as The Lettings Industry Council, has issued a warning to the...

29 November 2022

From: Breaking News

Game Over for renting if stamp duty rises too much, agent warns

A respected agent is warning that a proposal to increase stamp duty on additional homes could kill off the rental market...

29 November 2022

From: Breaking News

Short Lets Licensing: Another council introduces regulation

Airbnb-style short-lets in another part of Scotland are to be subject to new licensing rules. The scheme, introduced by the Scottish Government,...

29 November 2022

From: Breaking News

Rebrand in 2023 after agency group snaps up independent

Property consultancy Walker Singleton has snapped up the independent Daniel & Hirst agency in Yorkshire. The deal, which was for an undisclosed...

29 November 2022

From: Breaking News

Campaigners claim dramatic rise in Section 21 evictions

Shelter claims government figures show 5,940 households were “threatened with homelessness” in England as a result of Section 21 evictions between April...

29 November 2022

From: Breaking News

PropTech breakthrough for OnTheMarket launching agent-owned CRM

OnTheMarket is launching its own proprietary customer relationship management platform for estate agents - and it’s billed as the first ever...

28 November 2022

From: Breaking News

Arrears are the big fear for 2023 - downbeat survey results

The downbeat results of a survey by a finance company suggest that half of tenants are worried that they will be...

28 November 2022

From: Breaking News

First time buyers shelve plans - so rental demand to stay high

A new survey from Aviva has revealed that over a million people may rule themselves out of the first-time buyer market,...

28 November 2022

From: Breaking News

Lettings save the bacon for agency group facing challenging market

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

28 November 2022

From: Breaking News

New prime lettings service set up by respected regional agency

The well-known York agency Blenkin & Co has launched a prime lettings service to complement its long-established sales side. The new service...

28 November 2022

From: Breaking News

Rightmove lifts lid on agents’ workload in today’s market

A survey among letting agents on Rightmove has found that on average they are managing 36 enquiries per property and spending...

25 November 2022

From: Breaking News

Propertymark chiefs jet to Florida to “reaffirm links” with US realtors

ARLA Propertymark President David Votta and Propertymark chief executive Nathan Emerson are amongst a group of trade body figures who have...

25 November 2022

From: Breaking News

HMO Council Tax Reform - government pledge to consider change

The government has made a general commitment to work with those who want council tax reforms for Homes in Multiple Occupation. Earlier...

25 November 2022

From: Breaking News

Agents and Labour back Gove’s clampdown on private rental sector

Propertymark has given its backing to a clampdown by Housing Secretary Michael Gove on private landlords - although landlords themselves appear...

25 November 2022

From: Breaking News

New app and new feature for LonRes member agents

London property data business LonRes has launched an app. By downloading the app users can search for properties – for sale or...

25 November 2022

From: Breaking News

Purplebricks coup attempt set to happen just before Christmas

Purplebricks’ board has announced that a general meeting of shareholders will be held on December 19 - and it involves a...

24 November 2022

From: Breaking News

More agents buy rent protection insurance as arrears worry grows

Data from different firms suggest there’s been an upsurge in the purchase of rent protection insurance by agents. Firstly Goodlord and Vouch...

24 November 2022

From: Breaking News

PropTech integration helps streamline deposit protection - claim

A new PropTech integration with the Tenancy Deposit Scheme’s API will help streamline deposit protection, it’s claimed. According to Debbie Davies of...

24 November 2022

From: Breaking News

Build More Homes Now! Agency chief demands action

The head of an estate agency and property investment firm says the government should do more to reform the rental sector...

24 November 2022

From: Breaking News

Empty homes and holiday homes totals on the rise - new figures

The number of long-term empty homes has risen in every region of the UK during 2022 according to new government figures. The...

24 November 2022

From: Breaking News

Ignore Critics!  Rental reform popular with vast majority of industry - claim

The large majority of players in the lettings industry wants the rental reform programme outlined by the government, an agent claims. Laura...

23 November 2022

From: Breaking News

Agents should have policies on minimum housing standards - Propertymark

Propertymark says letting agents should have clear policies and priorities to help ensure properties are kept to the highest standards possible.  The...

23 November 2022

From: Breaking News

allAgents removes ‘endorsements’ by national newspapers

The allAgents review website has removed a claim suggesting it had been ‘endorsed’ by The Times and the Sunday Times newspapers. The...

23 November 2022

From: Breaking News

Call for industry to lobby MPs over HMO council tax

A lettings network is urging landlords to back a campaign to abolish council tax re-banding for shared houses. Platinum Property Partners says...

23 November 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

Asking rent cut after social media slams agency’s Zoopla listing

A news website is reporting that a landlord cut the asking rent of a property after social media criticism of its...

22 November 2022

From: Breaking News

Controversial Boiler Upgrade Scheme to be scrutinised by politicians

The controversial Boiler Upgrade Scheme - which Propertymark say is so complex many people don’t think it’s worth applying to -...

22 November 2022

From: Breaking News

Fifth acquisition sealed for ambitious franchise agency

A Belvoir branch has made its fifth acquisition - and this time it’s a neighbouring Belvoir office whose owners were retiring. Nathan...

22 November 2022

From: Breaking News

PropTech supplier claims 1,000+ agencies at online product launch

Over 1,000 agents attended an online launch event for a new lettings platform product from PropTech supplier Street Group. Some 150 agents...

22 November 2022

From: Breaking News

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