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Latest Property News - Letting Agent Tips - Letting Agent Today
Estate Agent Today provides daily industry, Estate Agency, Property Market, Housing, Moving Home and Online Estate Agent News updates for the UK's letting agent community.
Concerns grow about Labour’s EPC private rental clampdown
1 day ago · Concern is growing over the one-size-fits-all government demand for energy efficiency improvements in the private rental sector. Last week the government confirmed that all private …
RICS warns that money market problems could hit housing fortunes
The latest RICS UK Residential Property Survey, out today, reports growing activity in the housing market – but it gives a warning about the wider economy. In the lettings sector, tenant demand …
Renters Rights Bill forces more buy to lets on to the market – claim
Landwood Group says it’s seeing a rise in the number of landlords coming to auction their properties, finding it too challenging to continue operating. The company claims that Labour’s …
Shock figures show rents tumble by over 10% in just one month
The rental market in England cooled dramatically in October, with monthly rents down by over 12% and year-on-year increases narrowing to an annual low, according to Goodlord.
Stamp duty hike leading to renegotiated prices on buy to lets
A leading agent says the stamp duty hike on additional homes from 3% to 5% announced at the Budget has triggered renegotiations on prices of homes on sale.
More red tape for agents as anti-money laundering rules expand
The government looks set to impose much stricter Anti-Money Laundering rules on letting agents. Earlier this year, the Office of Financial Sanctions Implementation (OFSI) consulted on …
Lettings market improves ahead of “fundamental” reform
Some 59% of Propertymark agents reported that rents remained generally static, with 17% reporting a fall and 24% reporting increases. Reporting the data, Propertymark chief executive …
Rent hikes still high, but first sign of a weaker market emerges
Goodlord says that September’s figure of a comparatively modest 5.3% could provide the first indication seen in many months that prices are starting to soften.
Agency claims no new exodus of landlords – at least yet
Agency group Lomond says the number of tenanted properties being listed on the sales market has fallen by nearly 20% since the end of June. It claims this indicates that Labour’s Renters’ …