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Archived Letting Agent Industry News - April 2010

Agents rapped over claims by industry watchdog

An estate agency has had a complaint against it upheld by the Advertising Standards Authority. The agents had distributed a flyer which said: &ldqu...


First-time buyers ignore Stamp Duty holiday

Stamp Duty tax breaks have failed to gain traction as far as first-time buyers are concerned. Rightmove reported today that first-time buyers have...


House sales stagnate as buyers sit on their hands

House sales have stagnated this month, says sign erectors Agency Express. Nationally, the number of boards converting from For Sale to Sold in Apri...


New property networking groups to be set up in UK cities

New networking groups for agents and other property professionals are to be set up in cities all over the UK, following the launch of the first in Edi...


Portals boss in recycling mission for charity

Good luck to Mark Milner, the boss of Daily Mail property portals, including FindaProperty and Primelocation. He is repeating his charity cycle rid...


Landlords 'must understand local marketplace'

This article was brought to you by Rentman the premium rent management software. Landlords have been advised that it is important to understand the ho...


Using letting agents to rent properties recommended

This article was brought to you by Rentman the premium rent management software. Landlords have been advised to use a letting agent to help them cope ...


Second major agency chain quits TDS

Another large firm has quit the Tenancy Deposit Scheme and switched to Mydeposits. LSL, parent company of Your Move and Reeds Rains, has 584 lettin...


Agents escape expulsion after disciplinary action

A firm of estate agents where £160,000 of clients’ money was misappropriated escaped both a fine and expulsion from the RICS because it wo...


General Election sums that don't add up

Just when you thought the General Election couldn’t get any duller, along comes a lively little spat to take our minds off all those family-frie...


Tesco lines up more property interests

Britain’s biggest supermarket is to go into house building, and plans to develop four ‘mini-villages’ centred around Tesco stores ...


Property portal backs out of deal with Sarah Beeny

Askthehomesearch, a new property portal, has dropped its deal with Sarah Beeny’s private sellers’ website, Tepilo, just days after announc...


Online letting agent launches webinar

This article was brought to you by Rentman the premium rent management software. An online letting agent is launching what it claims is the first webi...


AHIPP'Hitler'film hits the bunker

Sad news for film buffs: the ‘Hitler’ video spoof of AHIPP has been removed from YouTube. The scenes, showing a ranting Fuhrer apparent...


Buyers back off as election jitters hit

Buyer uncertainty during the run-up to the election is hitting the housing market, Hometrack reported this morning. It said that the supply of home...


Most buyers cannot get a mortgage, says house builder

Mortgage availability – or its lack – is causing the single biggest problem in the housing market. House builder Ian Baker, managing di...


EAT Marathon team raise money for Shelter

Well done to all you Marathon runners feeling the pain today after yesterday's event. The runners included our very own Marathon Man, EAT publishe...


Landlords duped by fake gas engineer

This article was brought to you by Rentman the premium property management system. A man has been fined £750 after he conned landlords into belie...


NAEA agents canvassed about paying for PropertyLive

Members of the National Federation of Property Professionals, including NAEA and ARLA agents, could be charged a compulsory £840 per office, per...


Police called in as lettings business collapses

Another police investigation is under way after the collapse of a franchised business in a national lettings chain. The York and Hull offices of Be...


Agents fight shy of advising landlords on insurance

Only half of all letting agents discuss rent guarantee insurance with their landlords and under one-third offer to arrange it – thereby passing ...


London agent fined after claiming to be NAEA member

An estate agent in north London have been fined £400 after claiming to be members of the NAEA. Propertynet (UK), in Crouch End, was also orde...


Chesterton Humberts opens in South Africa

Chesterton Humberts has opened an office in Cape Town, South Africa. The firm has appointed Andrew Smith as managing director. The appointment is i...


Landlord fined £8.4k for breaching regulations

This article was brought to you by Rentman the premium rent management software. A landlord has been fined £8,366 after one of his properties was...


Landlords see 'improving picture'

This article was brought to you by Rentman the premium property management system. Landlords saw their rents rise by 0.1 per cent in March 2010, accor...


Tenant demand hits new records across the UK

The rocketing growth of the private rented sector has been highlighted by a record 48,332 new tenants registering in the first quarter of this year wi...


Letting agent expects rents to rise with inflation

This article was brought to you by Rentman the premium rent management software. A letting agent has stated that she expects rents to rise in line wit...


Rogue landlords would'flout registration scheme'

Rogue landlords would continue to operate outside the law despite the introduction of a mandatory register, a new national taskforce for the private r...


It's London Marathon time!

Good luck to the many of you who are running in this Sunday’s London Marathon. These include our own Marathon Man EAT publisher Nat Daniels. ...


Mortgage lending at lowest for a decade

Mortgage lending figures out this week show that with a first quarter estimate of £29.5bn, the UK had the lowest quarterly level of lending for ...


Britain's priciest properties set to go on market

Britain’s most expensive properties are due to hit the market this weekend. The Candy brothers’ One Hyde Park apartments are expected to f...


RICS chief raps OFT for failing to regulate agents

The President of the RICS has attacked the OFT for failing to act on rogue agents and for not proposing the regulation of estate agents. Max Crofts...


One in three landlords breaking gas safety laws

A high percentage of tenants are living in rental properties that have no gas safety certificates. A survey of 1,036 tenants who had been living in...


Tory leader slated in row over changes to shared housing status

An astonishing political row has blown up over the change in rules on shared housing, by which properties newly let out to between three and six unrel...


Spicerhaart awaits yet another ruling on its advertising

Yet another complaint about advertising by Spicerhaart has been upheld. It is the fifth complaint since last September and the fourth to have been ...


Higher rate Stamp Duty catches over half properties in south-east

  Estate agents in London and the south-east are becoming increasingly concerned about the level of Stamp Duty on properti...


Asking prices bounce up 2.6%, says Rightmove

Asking prices for properties newly listed on Rightmove bounced up 2.6% to reach an average of £229,614 this month. The asking price is at a c...


My London Home scoops letting agent award

This article was brought to you by Rentman the premium rent management software. My London Home has scooped a Gold award at the ESTAs 2010, an awards ...


Rental shortage on brink of crisis as supply drops by up to 60%

The UK is facing a severe housing shortage, with not enough rental property to meet demand. According to ARLA, which did research among 531 of its ...


Porter Glenny's customers say - you're simply the best

The ESTAs 2010, presented yesterday at the Marriott Hotel in Mayfair, London, saw a mixture of repeat success and new stars as the industry honoured t...


Zoopla update us with their online live auctions

It is now two months since Zoopla launched live online auctions. So, we asked them how it is all going. Here are our questions and their replies. ...


ESTA sales agents winners

THE ESTAS 2010 - Winner     Estate Agents     Northern Ireland Pinkerton Murray - Gold Scotland C...


ESTA letting agents winners

THE ESTAS 2010 – Winners     Letting Agents Northern Ireland Pinkerton Murray - Gold   Martin & Co (Belfast) - S...


Letting agents 'set to see rising demand'

This article was brought to you by Rentman the premium rent management software. Letting agents may be set to see an increase in demand for their prop...


Tenants staying longer, letting agent says

This article was brought to you by Rentman the premium rent management software. A letting agent has noted the growing trend for tenants to stay in th...


London letting agents see rents rise

This article was brought to you by Rentman the premium rent management software. Letting agents in London have seen an increase in the amount of rent ...


Has the RICS survey plumbed new depths of daftness?

The increasingly psychotic RICS housing market survey has made a new case for having to be booked into The Priory. Of course, it’s just our opin...


Regulation of buy-to-let mortgages shelved

Proposals for regulating buy-to-let mortgages have been shelved for the time being. The original Government proposal was that buy-to let mortgages ...


Winkworth opens first office in Midlands

Upmarket agency chain Winkworth, chiefly known for its London network,  is opening in Northampton, a place attracting grants for regeneration gro...


Metropix picks a winner

Metropix, the supplier of floorplan-based products to the residential estate agency market, has announced the winner of its fifth anniversary competit...


Landlords 'must carry out tenant checks'

This article was brought to you by Rentman the premium property management system. Landlords must ensure they carry out checks on potential tenants, t...


Landlords believe rental market is improving

This article was brought to you by Rentman the premium rent management software. Landlords are confident the rental market is showing signs of improve...


Most agents have no lone worker policies– despite fears

More than half of agents do not have any lone worker policies in place, with no safety procedures in place for staff who carry out viewings or valuati...


Landlords to receive advice after letting agent's closure

This article was brought to you by Rentman the premium rent management software. Letting agents in Swindon are making plans to help landlords affected...


Rise in distressed sellers may benefit landlords

This article was brought to you by Rentman the premium property management system. Landlords with access to credit may find the coming months present ...


Accidental landlords 'caused rise in complaints about letting agents'

This article was brought to you by Rentman the premium rent management software. The rise in the number of complaints about letting agents is likely t...


UK's biggest letting agent in TDS exit

This article was brought to you by Rentman the premium property management system. The UK's largest letting agent, Countrywide Residential Letting...


Letting agent helps police uncover drugs haul

This article was brought to you by Rentman the premium rent management software. A letting agent has helped the police to uncover more than 250 cannab...


Rents to 'remain firm' for letting agents

This article was brought to you by Rentman the premium rent management software. The amount of money received by letting agents and landlords is to &q...


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