Letting Agent Today
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Letting Agent Today is the go-to news site for the UK's letting agents and property managers.
Letting Agent Today
20h ago
PropTech firm Pikl is launching an insurance-backed cancellation product specifically for holiday lets that will enable operators to offer the same or similar cancellation policies to those with hotel bookings. It is believed that this is a first for the holiday lets sector. Pikl is also introducing a new, small damage deposit ..read more
Letting Agent Today
20h ago
Rightmove says it’s now cheaper to buy than rent in each of Great Britain’s biggest cities, highlighting why many determined first-time buyers are continuing to save up their deposit and look at longer mortgage terms to get onto the ladder. The average asking price for a typical first-time buyer type property ..read more
Letting Agent Today
20h ago
There’s a huge number of amendments to the Renters Reform Bill, which has its Third Reading in the House of Commons today. The less contentious ones are likely to be effectively ‘nodded through’ but a number of more controversial changes will be the subject of debate and a vote. PropTech supplier Goodlord ..read more
Letting Agent Today
20h ago
Propertymark says it will continue lobbying government for the implementation of the Regulation of Property Agents - even though the government has ruled this out. In a statement over the weekend the trade body said: “Propertymark continue to promote the concept that agents must be expected by law to be fully ..read more
Letting Agent Today
20h ago
Data from in-the-news agency Foxtons reveals rental applicant demand has increased 9% from February, yet is now still 14% lower year on year. The agency says that overall, the market continued to follow more usual trends compared to the previous two years. South London displayed the highest applicant demand of any ..read more
Letting Agent Today
2d ago
A new guide from Propertymark explains the rights which private rental tenants have - and sets out how they can challenge “high” rent increases, and complain if they are unhappy. In the section marked “Challenge High Rent Increases” the trade body says: “You have the right to challenge rent increases that ..read more
Letting Agent Today
2d ago
There's good news for the buy to let sector as mortgage product availability is showing signs of stability, according to the independent Moneyfactscompare site. Overall buy to let product availability (fixed and variable) rose month-on-month, albeit marginally by 39 deals. This comes after a reduction in choice of 276 deals between the ..read more
Letting Agent Today
2d ago
Recent substantial fines issued by HMRC are a harsh reminder to agents to ensure that their Anti-Money Laundering policies are up to date, says a trade body. Paul Offley, compliance officer at The Guild of Property Professionals, says lettings and estate agents should do a compliance control check from time to ..read more
Letting Agent Today
2d ago
An amendment is expected to be made by the government to its Leasehold and Freehold Reform Bill. The Bill, put forward by Housing Secretary Michael Gove, proposed to reduce the ground rents to ‘a peppercorn’ - zero or thereabouts - but this led to resistance from the Treasury due to the ..read more
Letting Agent Today
2d ago
Propertymark is urging member agents in Wales to attend a so-called Cultural Awareness Course which will explain their responsibilities under the 2010 Equality Act. The course is run by the Ethnic Youth Support Team Wales, a group campaigning to enhance equality and social justice in housing in Wales, which says the ..read more