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Property & Finance News

Investor Briefing – first time buyers want cities, not coastal areas

New analysis from Rightmove shows that more first-time buyers are looking to move to cities, while demand from first-time buyers into coastal areas has stood still. The analysis looked between January...

Letting agents say mergers and acquisitions are ‘the way to grow’

Letting agents are confident about future growth potential through mergers and acquisitions. That’s the message from a survey conducted by industry PropTech firm Reapit: the study took place earlier this...

Massive fine for lettings firm after tenants left in squalor

A lettings management company left tenants in dirty and unsafe conditions – and has had a huge fine imposed on it. The six-bedroom HMO in Slough first came to the...

Generation Rent says landlords may take grants to “enrich” themselves

The Generation Rent group of activists wants the state to step in to stop what it calls “taxpayer-funded insulation grants” from “enriching private landlords.” It even wants the government to limit...

Arrears rise significantly according to new Propertymark data

The letting agents’ trade body’s monthly monitor of the housing market suggests tenants’ arrears rose significantly in May. Propertymark says the arrears – although still relatively low – rose from an...

Rental establishment sounds death knell for Buy To Let

Three of the major organisations in the world of corporate letting – Savills, L&G, and the British Property Federation – are predicting the end of buy to let as we...