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Lettings agent association warns of economic impact of fees ban in England

The proposed ban on letting agent fees in England will cost tenants who stay in properties the longest hundreds of pounds, it is claimed. According to the Association of Residential Letting Agents (ARLA Propertymark) it is loyal tenants who will be hit the hardest but it also believes that there are 4,000 jobs at risk […] The post Lettings agent association warns of economic impact of fees ban in England appeared first on PropertyWire . Continue reading

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UK property industry disappointed that letting agents not included in money directive

The UK property industry believes that a decision by the Government not to include letting agents in its proposals for legislation to meet the requirements of the fourth Money Laundering Directive is wrong. There are several elements of the consultation on the directive that are likely to have an impact on the property sector and […] The post UK property industry disappointed that letting agents not included in money directive appeared first on PropertyWire . Continue reading

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Rental growth slowing in London more than in rest of UK

Rents in London are increasing at a much slower rate than the rest of the country and the supply of homes to rent is still falling, the latest research shows. Just 8% of lettings agents report rents rising in London in February compared to 25% nationally, according to the latest monthly private rented sector report […] The post Rental growth slowing in London more than in rest of UK appeared first on PropertyWire . Continue reading

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