lettings market

  • Latest property newsJon Byers - Anderson Rose
    Latest property news

    AGENT BLOG: Why are big letting agencies hoovering up independents?

    Jon Byers of Anderson Rose asks if the lettings market is to be dominated by mega-businesses, what does this mean for independents?

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  • Adam Walkerlettings market sale
    Adam Walker

    A huge vote of confidence in the lettings market

    A major acquisition of three big brands in the lettings market signals buy to let is not dead, but consolidation is on its way.

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  • Nigel LewisBig Fish Little Fish image
    Nigel Lewis

    Big fish, little fish…

    Nigel Lewis articulates a growing trend we’re witnessing in our industry – the growth of large groups by acquisition.

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  • FeaturesLink to Lettings feature

    The impact of Universal Credit on the lettings market

    Sherrelle Collman, Managing Director of Caridon Landlord Solutions, explains how COVID-19 has introduced the new welfare system to thousands of landlords and tenants.

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  • Latest property newsarguing parents child rightmove
    Latest property news

    Demand for rental properties jumps by 22% over past two weeks

    Rightmove claims two months of pent-up demand is now surging through the rental market as relationship separations and job re-locations drive home moves.

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  • Guest BlogsLink to Frank Webster Comment
    Guest Blogs

    Obstacles and opportunities

    Press reports suggest ‘buy-to-let is dead’... the lettings market isn’t a place for landlords or property companies to grow and the Government is adding complication. Frank Webster says, “I believe the opposite is true.”

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  • Latest property news
    Latest property news

    Revived agency claims 91% reduction in time between listing and let

    Extraordinary performance figures from three-branch NE agency Sanderson Young are explained by booming local rental market, it claims.

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  • Latest property newsLondon property interior image
    Latest property news

    Great start to 2019 for London lettings

    Russell Simpson has reported its busiest January in recent years, with activity four times that of 2018.

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  • Latest property newslettings index
    Latest property news

    Number of rentals to outstrip sales for first time in 80 years, says Countrywide Lettings Index

    The number of homes rented next year will outstrip the number sold if current trends continue, says Johnny Morris, research director at Countrywide (pictured, below). His prediction is made within the Countrywide Lettings Index, published today, which also highlights increasing rents in the north but slowing growth in the south. “A different type of two speed rental market is emerging, with falling stock and growing demand driving rental growth in many Northern cities at a higher rate than those in the South,” he says. The Countrywide Lettings Index also reveals that rents in Manchester are rising the fastest at 7.1%, three times faster than the average. York, Leeds, Liverpool and Glasgow are the other cities in the high growth ‘top five’ while the slowest growth cities – where many landlords are cutting back rents – include Cambridge and Oxford. Overall Countrywide says rental growth has slowed across the UK over the past 12 months from 2.8% to 2.2% as rent rises have slowed in eight of the UK’s eleven regions (see list, below). Agents will be cheered by Countryside’s activity figures, nevertheless. Morris says September saw “record activity with increasing numbers of lets agreed and tenants choosing to renew their contracts,”…

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  • Housing Market
    Housing Market

    Airbnb makes a step closer to lettings market

    The US-based home sharing website Airbnb, which enables its users to search through a database of over a million homes worldwide and 25,000 in the UK, has this week launched a professional property management software suite called Guesty aimed at professional landlords. At first glance the move would seem to contain little to worry the UK’s letting agents. Airbnb markets itself as a way for holiday makers to find affordable accommodation and avoid paying the high night rates that hotels and B&Bs charge. Described as part of the ‘sharing’ economy and using a model that’s compared with taxi service Uber, Airbnb recently claimed to have so far generated over half a billion pounds of economic activity in the UK. But what Airbnb is really muscling in on – in a way that might alarm some lettings agents – is the peripheries of the private lettings market as the service becomes a new and low-cost alternative income stream for landlords. The Guardian newspaper recently analysed more than 13,000 Airbnb listings in London – by far its largest UK market – and discovered that 6,600 of them offered an entire home or flat, rather than a spare room – a clear sign…

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