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Estate Agent Today provides daily industry, Estate Agency, Property Market, Housing, Moving Home and Online Estate Agent News updates for the UK's letting agent community.
What’s it to be? Agents give 2025 market forecast
1 day ago · “The general consensus is that 2025 is set to bring more of the same, with the current market recovery set to continue. “With another looming stamp duty deadline, we can expect a heightened level of activity in the short-term and this will almost certainly be followed by a period of correction as the market returns to normality.”
Housing market ends 2024 in good health - Letting Agent Today
1 day ago · The latest House Price Index from Zoopla reveals that the housing market is set to finish 2024 strongly with more sales being agreed ahead of the stamp duty deadline. At the same time, buyers are becoming more cautious about what they pay for homes as mortgage rates drift higher and households ...
Rightmove figures show private rental sector is broken – claim
1 day ago · A spokesperson for the charity says: “This is yet more evidence that the private rental sector is broken and not working for tenants. At StepChange, private renters are significantly over-represented among our clients, while our research has consistently found that those who privately rent are more likely to find themselves facing severe financial difficulty.
Agents can be big winners from Renters Rights Bill, says industry ...
Dec 11, 2024 · A PropTech chief says the increasing complexity of the private rental sector that’s expected to pick up pace in 2025 offers an opportunity for lettings agents. Oli Sherlock of Goodlord says: “I predict that 2025 will be a year of diversification for …
Landlord survey gives grim outlook for rental market
New data reveals the chronic shortage of homes available to rent to meet demand. Some 79% of landlords report that the demand for private rented housing was strong in the third quarter if the year, according to research from Pegasus Insight. The data, compiled for the National Residential Landlords Association, indicates that landlords who let […]
Rents to rise 18% in next five years – and maybe more
Nov 20, 2024 · UK rents are set to grow by a further 17.6% over the next five years, according to property firm Savills, as the imbalance between high demand and low supply is set to continue. And the agency warns that with more landlords quitting, that figure could rise further. But, there are signs in some ...
Breaking News Archives - Letting Agent Today
5 days ago · Here is today’s Breaking News from Letting Agent Today. Join the debate by leaving a comment below a story – you will need to be logged-in to do this.
Renters now want smaller and competitively-priced units – top agent
Dec 13, 2024 · One of the country’s highest profile agents is warning that affordability ceilings are now defining the private rental sector. Jeremy Leaf – the former RICS chairman who now operates his own north London agency – says: “Rental supply as only increased marginally whereas demand and rent levels have eased in response to affordability concerns.
Record rents as lettings sector braces for Budget impact
Average advertised rents outside London hit a 19 th consecutive quarterly record of £1,344 per calendar month (pcm), says Rightmove.. This was up 5.2% from last year, although this is the slowest rate of growth since 2021. London rents also hit a new record at £2,694 pcm, 2.5% higher than last year (£2,627 pcm)