News Updates

Agents accused of staging inverse bidding wars to bypass Renters Rights Act Some letting agents and landlords are reportedly advertising properties at inflated rents and encouraging tenants to bid below asking price, creating “inverse bidding

Build To Rent sector promotes rental choices with annual event Love to Rent Week returns from September 28 to October 4, aiming to boost awareness of professionally managed rental homes and career opportunities in the

Landlords back buy-to-let despite tax and regulatory challenges A recent survey reveals that over half of landlords still view residential property as a solid long-term investment despite increased taxation and regulation. However, many remain cautious

UK renters spend nearly a third of income on rising rents New data from Lomond reveals UK tenants now pay an average £1,369 per month in rent, up 4.3% year-on-year, consuming nearly a third of

Portfolio landlords require coordinated management beyond traditional models Large portfolio landlords with 50 or more properties face challenges that traditional property management cannot address effectively. A more integrated, performance-focused approach is needed to oversee portfolio-wide

Accidental landlords must secure correct mortgage before letting property Many UK homeowners become accidental landlords when life changes, but renting out a property without the correct mortgage can cause serious issues. Landlords should seek lender

Generation Rent myth challenged by improving affordability data New analysis suggests that homeownership prospects for Generation Z in England are better than widely believed, with affordability ratios improving and mortgage options expanding beyond London and

Verification systems lag behind AI-driven fraud risks for agents New data reveals rising losses from impersonation scams exploiting verification weaknesses, prompting calls for modernised identity checks to protect letting agents and landlords from sophisticated AI-enabled

Agents urged to rebuild amid Renters Rights Act challenges The Renters Rights Act has significantly disrupted letting agents, causing managed stock losses and forcing a strategic rebuild focused on acquisitions, lead generation and new services.

Land Registry to improve property data with unique identifiers HM Land Registry is enhancing property data accuracy by expanding the use of Unique Property Reference Numbers and INSPIRE IDs for all residential and commercial sales