The new head of the Association of Residential Letting Agents admits that the organisation - within its parent body Propertymark - has “had its share of detractors of late.” Nathan Emerson has been named as the interim head of both ARLA and the National...
Rightmove says there’s been a big rise in the number of prospective tenants contacting letting agents via its website. The portal says that so far in February the figure is 35 per cent higher than this time last year, and comes on top of other record figures revealed...
Fledgling portal MoveStreets has signed over 100 agents, with an inventory of 16,500 properties to let and for sale. It says its latest signing is Yorkshire regional giant Linley & Simpson, while it already has online and regional firms including...
Agents Together, the agency charity set up by Purplebricks and Boomin founders Michael and Kenny Bruce, says it’s hit an important target of 250 mentorships. It says this equates to 3,300 hours of mentoring in the nine months since the scheme was set up. Chief...
A huge trading standards operation clamping down on lettings agents who fail to abide by Client Money Protection rules has been backed by local councils. Since April 2019 letting agents have been required by law to belong to an approved CMP scheme to ensure that...
A new law in Wales making it mandatory for a tenant to get six months notice for Section 21 evictions has been described as a “hammer blow” by the Association of Residential Letting Agents. On top of that, from April 2022 - when the new law takes effect - no tenant...
Rightmove is reporting a big rise in the proportion of properties listed with video content. It says rental listings with either a video or virtual tour increasing from one per cent in January 2020 to 17 per cent now. In the sales sector the rise is even bigger -...
One of the first franchisees for a new business model put forward by the Century 21 UK agency is a buy to let expert. The franchisees are to use the Flex business model, which Century 21 UK claims is designed “to reflect the dramatic shift in working habits and client...
LSL Property Services has secured new banking arrangements with a £90m revolving credit facility in anticipation of what it calls “attractive opportunities” for expansion. In a trading statement to shareholders, the firm - which owns Your Move and Reeds Rains - says...
A clampdown on letting agents who fail to safeguard landlords’ and tenants’ money is now underway. A statement from the National Trading Standards Estate and Letting Agency Team says a crackdown is underway in London in particular. James Munro, head of the...
