Latest Property News - Letting Agent Tips - Letting Agent Today
WEBGary Wright – flatfair Chief Executive Officer. 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.
Tenant demand still rising as market stays red-hot
WEB6 hours ago · England’s hottest rental market right now is West Sussex where tenant demand of 55% is highest across all counties for Q3 2024. In Wiltshire, 50.1% of all rental properties have secured tenants, while demand is also strong in Hertfordshire (48.4%), Somerset (47.6%), and Cambridgeshire (47.4%) However, rental demand in some counties is …
Almost half of agents “unable to cope with workload”
WEB6 hours ago · A major survey of lettings agents suggests that 42% feel unable to cope with the workload. Some 33% cite stress as a significant issue and 19% even claim they are struggling with what the survey calls “mental health challenges.”. The survey has been conducted by PropTech supplier Goodlord and shows that 54% of …
Lettings market crisis laid bare by latest figures
WEBNew figures from property consultancy TwentyCi lay bare the challenges faced by the lettings sector. In the third quarter of 2022 new instructions and lets agreed were down by 25 and 19 per cent, respectively; and in contrast to the owner-occupied sector, there was a marked supply and availability issue, as some landlords withdrew from the market because of tax changes put in place in 2019 ...
Agents’ growing concern on huge challenges facing private rental …
WEB2 days ago · Agents in the Guild of Property Professionals have voiced their growing concerns about a raft of measures – most actual, some potential – which risk damaging the private rental sector. In a statement voicing collective worries, the Guild has emphasised five particular challenges. 1. Capital Gains Tax increases could lead to Landlord exodus ...
Where’s Hot and Where’s Not? Regional housing market data
WEB3 days ago · The Nationwide’s most recent data by property type reveals that terraced houses have seen the biggest percentage rise in prices over the last 12 months, with average prices up 3.5%. Semi-detached and flats saw increases of 2.8% and 2.7% respectively. Whilst detached houses saw more modest growth of 1.7%. Over the longer term however, detached ...
Breaking News Archives - Letting Agent Today
WEB1 day ago · Agency fined for failing to protect a tenancy deposit. Written by: Graham Norwood. An agency trading as Bowden Property Group Limited was fined at Belfast Magistrates’ Court yesterday for failing to protect a tenancy deposit of £900. ... 25th September 2024.
Agency business models must embrace recurring income – …
WEB3 days ago · An industry figure with over 25 years of experience running lettings agencies is advising the sector to act now and transition their business models towards recurring income streams. Bruce Evans – whose experience includes time as managing director of agency Stirling Ackroyd – now runs the RentGuarantor service and says that Labour’s ...
In recovery – good figures from London’s rental market
WEBData from central London lettings agency Bective shows returning tenant demand in the capital. The agency’s analysis of new lettings applicants shows that in the six months between October 2020 and March of this year, the number of new applicants climbed by 34 per cent when compared to the previous six months.
The three qualities landlords want from letting agents – revealed
WEBA new survey of 4,000 landlords has identified the three qualities they look for in a letting agent. Whereas trust and liveability are key qualities vendors look for when selecting a sales agent, landlords want these three – knowledge, listening and responding to questions.