Latest News
UK Landlords and Letting Agents Face Increases in TDS Subscription Costs
The latest statement by TDS – the Dispute Service, a UK non-profit organisation set up to resolve complaints and disputes between agents, landlords and tenants – suggests that the cost of subscription is expected to increase severely. The news caused concern for UK letting agents and residential landlords as the increase in subscription cost... Read more
Lloyds to Sell Halifax Estate Agents for £10m
LSL Property Services – the leading UK estate and surveying agency – recently announced that it has started negotiations with the Lloyds Banking Group, which are associated with a possible acquisition of Halifax Estate Agents. rnHalifax Estate Agents is British 5th largest network of estate agencies, which... Read more
Two Estate Agencies Have Been Dismissed
Two estate agencies, located in Merseyside and one in London have been informed that they are being expelled for a failure to pay the awards made against them by the property ombudsman scheme. Both agencies asked to delay the dismissal until they pay their outstanding sums, however this had not been done and the expulsions have been... Read more
Martin & Co. Awarded the UK Best Large Letting Chain
Many estate and letting agencies were participating in the Estate and Letting Agency Awards (ESTAs), which were held in London. However, the ESTAs “UK Best Large Letting Chain†award was given to Martin & Co. The award was presented to Mr. Ian Wilson, who takes the post of the Managing Director at Martin & Co by Phil Spencer,... Read more
UK Tenants and Landlords Are Being Abused by Letting Agents
Let us remind that several days ago Citizens Advice Bureau has published its “Let Down†report, which suggested that letting agents and managing agents’ attitude towards their clients is far from satisfactory. Yesterday, on May 21st Keshav Thukaram, who takes the post of the managing director at Smartlandlord, online landlord... Read more
Tenants Face Excessive Charges by Letting Agents
Recent report by Citizens Advice suggests that some Welsh and English tenants face unjustified and excessive charges by letting agents. The findings were based on the survey of letting agents’ clients that sought help on the Citizens Advice web-site. The results demonstrated that sometimes extra costs, which include administration fees and... Read more
Sellers Are Recommended to Beware of Estate Agents' Fees
Recent investigation and warning of a Law Society has made all sellers carefully check the real cost of their HIPs with the estate agents in order to avoid inflated costs. A recent investigation by Channel 4 News revealed that oftentimes more than £100 is added to the price of the HIP as a result of secret fees of estate agents.rnThe... Read more
Sales Agreed by Estate Agents Go Up
The figures, disclosed yesterday, May 18th, by the the National Association of Estate Agents (NAEA) suggest that UK estate agents have sold 10 properties each in April, which is more than in amy other month since October 2007.The figure is 2 properties more than in March and 5 properties more than in August 2008. Figures from Globrix, which were... Read more
Lighthouse Property Services Extends its Rent Guarantee Cover
Lighthouse Property Services, residential and student lettings agent located in Lincoln, have included a 12-months’ rent guarantee insurance into their standard package of private rental sector in an effort to safeguard its landlord-clients. The change that was made by the letting agent has caused a large number of reports on tenant arrears... Read more
Oakley Residential Announces Its Merger with Whiteheads Residential Lettings
Oakley Residential, an estate agency, which has offices in Sussex, plans to merge with an letting agency called Whiteheads Residential Lettings; the merger will be trading under the banner of Oakley Residential Lettings. Anthony Whitehead, who is recognized as a leading authority on the residential lettings market in Brighton and Hove, was... Read more