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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.
Rents drop in recent weeks but are up over the past year
1 day ago · Rents in England dipped again in December, according to PropTech service Goodlord. It’s the fifth consecutive month of rental cost reductions. The decline follows a record-breaking summer of price rises. Overall, December rents were down by nearly 2% month-on-month, meaning rents last month were a ...
Anger that Renters Rights Bill will severely limit rent payable in ...
1 day ago · Amendments tabled to the Renters Rights Bill by the government suggest there may be restrictions on the amount of rent that can be sought in advance of a tenancy. The I newspaper – which appears to have been used by the government to float ideas about possible future legislation – says agents ...
Mortgage chief in plea for ‘balanced’ Renters Rights Bill
22 hours ago · A figure in the specialist buy to let lending sector has made a plea for MPs to create a ‘balanced’ lettings sector through the Renters Rights Bill. The Bill will return to the House of Commons for its Report Stage and Third Reading in the House of Commons on Tuesday, before moving to the House ...
Lettings market improves ahead of “fundamental” reform
3 days ago · 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 Nathan Emerson says: “Legislation that will impact the lettings market across England is also moving at pace through Westminster in the form of the Righters’ Rights Bill. This will fundamentally change key ...
Breaking News Archives - Letting Agent Today
3 days ago · Here is today’s Breaking News from Letting Agent Today. Join the debate by leaving a comment below a story – you will need to be logged-in to do this.
Rents still rising but growth cooling according to Connells data
The average rent for a newly let property in Britain hit a high of £1,384 pcm last month – but the pace of growth is cooling. That’s the verdict from Connells’ high end brand Hamptons.
Agents can be big winners from Renters Rights Bill, says industry ...
A PropTech chief says the increasing complexity of the private rental sector that’s expected to pick up pace in 2025 offers an opportunity for lettings agents. Oli Sherlock of Goodlord says: “I predict that 2025 will be a year of diversification for agents. It’s likely that we’ll see a ...
Record rents as lettings sector braces for Budget impact
Average advertised rents outside London hit a 19 th consecutive quarterly record of £1,344 per calendar month (pcm), says Rightmove.. This was up 5.2% from last year, although this is the slowest rate of growth since 2021. London rents also hit a new record at £2,694 pcm, 2.5% higher than last year (£2,627 pcm)
Renters now want smaller and competitively-priced units – top agent
One of the country’s highest profile agents is warning that affordability ceilings are now defining the private rental sector. Jeremy Leaf – the former RICS chairman who now operates his own north London agency – says: “Rental supply as only increased marginally whereas demand and rent levels have eased in response to affordability concerns.