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AI Lomond has acquired City Residential, a Liverpool-based letting and estate agent founded by Alan Bevan in 2001. This acquisition follows Lomond's earlier purchase of Homesure, its initial Liverpool business, which will now manage City Residential's portfolio. The deal expands Lomond's presence in the Liverpool property market, integrating City Residential's city centre expertise with Homesure's broader local strength. This move is part of Lomond's ongoing expansion strategy across Liverpool and other regions.
AI Stephen Hemmings, Partner and Head of Property Sector at Menzies LLP, warns that the Government's upcoming "Your First Home" scheme, aimed at first-time buyers, will not sufficiently boost the housing market without Stamp Duty reform. He argues that current Stamp Duty rates, including the 5% surcharge for investors in new rental homes, deter transactions and investment, hindering the construction of new properties. Hemmings highlights that cumulative tax burdens, high interest rates, and rising costs have damaged market confidence over the past 15 years. He suggests a comprehensive review of Britain's property tax regime is needed to achieve long-term stability and encourage investment.
AI Kristoffer Jon Dalziel, director of Dalziel Ventures, was fined £28,500 by Peterlee Magistrates’ Court after tenants in Annfield Plain, County Durham, lived in a property with severe damp, mould, no heating or hot water, and electrical issues. Durham County Council had issued an Improvement Notice in February 2026 following an initial inspection in December 2025, but no repairs were made. Dalziel also failed to obtain selective licences for this property and two others in Stanley, a scheme introduced in April 2022. The fine included £7,000 for each of the three licensing breaches and £5,000 for the Improvement Notice breach, plus costs and a victim surcharge.
AI Nick Cheshire and Dan Kirby, who operate Nest in Essex estate agency, have acquired a majority stake in the Ethical Agent Network (EAN). The EAN, launched in March 2024, unites independent estate and letting agencies committed to high standards. This ownership change follows six months of Cheshire and Kirby's increased involvement in developing the network, including new guides and a member app. They will now manage the EAN's daily operations and future development, while founder Jerry Lyons remains head of PR.
AI Rents decreased in most English, Welsh, and Scottish regions last month, according to Propertymark data. Scotland experienced the largest monthly fall of 3.4%, bringing its average rent to £1,134. London and the South West both saw a 2.1% drop, with average rents reaching £2,415 and £1,256 respectively. The East Midlands was the only region to record a rent increase, rising 0.1% to £991. Despite these monthly drops, the salary required to secure an average rental property increased year-on-year in several regions. For landlords: London experienced a 2.1% decrease in average rents last month, with the average rent now £2,415.
AI Unite Group, a major student accommodation provider, has reduced rents by 0.3% for the current academic year, the first such cut in over 25 years outside of the Covid lockdown. This follows a decline in demand attributed to fewer international students and more UK students living at home, particularly impacting locations like Nottingham, Leicester, and Sheffield. Despite the rent reduction, Unite filled 95.6% of its 72,000 places, an increase from 95.3% last year. The group's portfolio valuation fell by almost 4% between July and September, now down approximately 8% this year to just over £4.7 billion.
AI Connells Group has commenced a significant branch refurbishment programme, with 38 of its 1,200 branches either completed or nearing completion by the end of 2026, and another 50 planned for 2025. This initiative, named Project Blueprint, includes upgrades like 15,000 new PCs, telephones, and digital displays, as seen in the Alan de Maid Locksbottom, Kent, and Bridgfords Leeds branches. The company, which acquired Countrywide five years ago, aims to improve market share and customer experience through these investments, despite a recent reduction in profits due to a weak sales market.
AI Scottish housebuilding is facing a "breaking point" due to rising construction and finance costs, alongside new burdens like the Building Safety Levy. Real Estate:Scotland states that these factors are causing development proposals to be paused or abandoned. Private sector new-build starts in Scotland decreased by 1,026 (8%) in the past year, falling from 12,868 to 11,842, the lowest annual figure since 2013, with Glasgow particularly affected. This follows Taylor Wimpey's recent decision to cease building new homes in London due to viability concerns.
AI The Property Ombudsman (TPO) Chief Ombudsman Lesley Horton stated on 12 October 2026 that new government reforms for independent regulation of property agents must integrate regulation and redress effectively to benefit consumers. TPO, a redress provider, currently receives feedback from consumers expecting it to act as a regulator, highlighting a need for clearer pathways between complaint handling, redress, and regulatory action. TPO collects extensive data on consumer issues, which could serve as an early warning system for emerging problems in the market. Horton advocates for a single Ombudsman working with a single regulator to ensure consistent standards and prevent intelligence fragmentation. The government has confirmed the principle of independent regulation, licensing, and qualifications, with further details pending.
AI Moveli, a self-employed agency network, has expanded its broker network to over 100 agents, more than tripling its size in the past two years. Founded in 2018 by Ben and Chris Littlewood, the company focuses on the upper end of the UK residential sales market. Its brokers, who average 20 years of industry experience, have collectively sold nearly £1 billion worth of homes, with an average sale price of approximately £1.2 million. Many new recruits previously held senior roles at traditional high street agencies. Moveli is also investing in its proprietary technology platform, Moveli OS, to incorporate AI functionality.
AI Sophie McCarthy has been promoted to head of sales at Knight Frank's Islington office, where she has worked since its opening in 2012. McCarthy, a partner with 17 years at the firm, will oversee residential sales and collaborate with the wider London network. Separately, Vistry's partnerships chief, Stephen Teagle, will retire in March 2027 after four decades in housing. Catherine Raynsford, from Legal & General Affordable Homes, will succeed him as group partnerships director, joining Vistry on 1 January 2027. Conveybuddy has also appointed Luke Christodoulides, formerly of NatWest, as its first head of distribution to expand its reach in the mortgage intermediary market. For landlords: Sophie McCarthy's promotion at Knight Frank's Islington office indicates a change in leadership for residential sales operations in that London borough.
AI Mortgage rates have reached a three-year high, with the average five-year fixed rate hitting 6% in October 2026, the highest since September 2023, according to Moneyfacts. This rise, partly attributed to inflation expectations linked to the Middle East conflict, is impacting buyer confidence and transaction volumes. Knight Frank reported a 4.2% fall in country house prices (properties outside London valued over £750,000) in the year to September, and mortgage approvals in August were 14% below their five-year average. Political uncertainty regarding property taxation ahead of the Budget is also contributing to market slowdown.
AI A landlord, Kristoffer Jon Dalziel, was ordered to pay £28,500 by Peterlee Magistrates’ Court for failing to address serious hazards at a rental property in Annfield Plain, Durham. Dalziel ignored repeated warnings from Durham County Council from December 2025 regarding a broken boiler, damp, mould, electrical faults, and carbon monoxide hazards, affecting a family with a newborn and disabled child. He also failed to obtain selective licences for this property and two others in Stanley, a scheme introduced by the council in April 2022. The court imposed £26,000 in fines for the unlicensed properties and improvement notice breach, plus £500 costs and a £2,000 victim surcharge.
AI Rents across most of the UK decreased in September, according to new figures from Propertymark, offering some relief to tenants. Average rents declined in 10 of 11 surveyed regions, with Scotland seeing the largest monthly drop of 3.4% to £1,134. London and the South West both experienced a 2.1% decline. Despite these falls, affordability remains a concern, with London requiring an annual income of £72,450 for average monthly rents of £2,415, and income requirements in London rising by 1.4% annually. For landlords: Average monthly rents in London declined by 2.1% in September.
AI Prime property prices in London continued to fall in Q3 2026, with prime central London values decreasing by 1.5% quarterly and 4.8% annually, according to Savills. Prices in these areas are now 27% below their 2014 peak. Prime outer London saw a 1.1% quarterly and 3% annual decline, the steepest in over eight years. Agreed sales above £1m and £2m reached 94% of last year's levels, as sellers adjusted expectations. The proposed High Value Council Tax Surcharge is adding uncertainty, particularly for properties valued at £2m or more, which saw larger annual declines. For landlords: The article focuses on prime sales, not the rental market.
AI eXp Realty is holding its international conference, eXpcon, in London next summer. The three-day event will take place at the London Hilton on Park Lane from 6 to 8 July 2027, with global executives including founder Glenn Sanford and CEO Leo Pareja attending. The conference follows eXp UK's expansion, having surpassed 1,000 agents in 2026 and introduced Luxury and Teams offerings. The event, which costs from £400 for early-bird tickets, will cover leadership, technology, and business strategy for estate agents.
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AI The government forecasts a significant expansion of the private rental sector in England, projecting an increase of approximately 500,000 households by 2035. According to an impact assessment for Awaab’s Law, there are currently 4,827,000 privately renting households in England in 2026. This number is expected to exceed five million by 2029 and reach an estimated 5,378,000 by 2035, growing at roughly 1.2% annually. The government acknowledges uncertainty in these figures, particularly regarding landlord numbers, which were last comprehensively recorded in 2019-20 at 2.3 million. This growth affects all private landlords and tenants in England. For landlords: The projected growth in the private rental sector indicates a continuing demand for rental properties in England.
AI The government has launched a 64-question consultation regarding the potential application of Awaab's Law to the private rental sector. This consultation, which closes in mid-December, seeks views on extending the law beyond private tenancies to include accommodation occupied under licence, such as supported housing, temporary accommodation for homeless households, and care leaver accommodation. The government is currently undecided on several key issues, with responses to be analysed and next steps published "in due course." For landlords: The government is consulting on applying Awaab's Law to private rental sector tenancies and certain licensed accommodations.
AI Stoke-on-Trent City Council is implementing a city-wide Article 4 Direction this month, removing permitted development rights for converting family homes into small Houses in Multiple Occupation (HMOs). This means future conversions will require planning permission, allowing the council to assess their impact on local areas. The decision, following an August resolution to enhance HMO regulation, aims to improve housing standards and ensure balanced communities. This measure is supported by national planning policy changes that recognise Article 4 Directions for managing HMO concentrations.
AI Cardiff Council is considering renewing its Additional HMO Licensing Scheme in the Plasnewydd area for another five years, with a two-month consultation proposed. The scheme, active since 2014, licenses smaller HMOs not covered by national rules to improve standards and safety. Since 2021, 878 properties have been licensed, with 84% needing improvements. The council reports a 39% reduction in serious housing hazards and a 76% reduction in fire safety issues. Plasnewydd has over 5,300 registered rental properties, and approximately 75% of its HMOs are not subject to mandatory licensing.
AI A landlord in Chester-le-Street, Durham, has been ordered to pay £28,500 after a vulnerable family, including a newborn and a disabled child, lived in a property with severe damp, mould, no heating or hot water, and electrical issues. Kristoffer Jon Dalziel failed to carry out agreed repairs between January and April 2026, despite council inspections revealing multiple hazards and a Section 11 and 12 Housing Act 2004 Improvement Notice being issued. He was fined £7,000 for each of three properties lacking selective licences and £5,000 for breaching the improvement notice, plus costs and a victim surcharge.
AI An estate agency in north London, Location Location Estate Agents on Stoke Newington Church Street, installed a Halloween display featuring a UFO and two green aliens named Gina and Clive. The display, created by managing director Vicky Bibiris and her brother Panni Bibiris, appeared over the weekend of October 12, 2026, and has become a neighbourhood tradition for over a decade. Panni Bibiris sustained an injury during its construction, requiring surgery for a reattached finger. The window will also participate in the Trick or Eat initiative, collecting food donations for Hackney Foodbank.
Information - Tom Entwistle - Under the new rules on damp and mould, it’s vital you have the records to back up your story
AI The UK property market is experiencing mixed signals, with overall sales on target for 1.2 million homes this year, exceeding some recent years, particularly in the prime market (properties above £500,000). However, some sellers are making substantial price cuts to secure buyers. Economic pressures, including diesel prices exceeding £2 per litre due to Russian and Middle Eastern supply issues, are driving inflation, which rose to 3.1% in August and is projected by the Bank of England to reach 4% next year. Markets anticipate an interest rate rise in November, likely from 3.75% to 4%, potentially impacting buyer confidence and leading to increased discounts from sellers.
Simon Whale explains why the ability to connect your existing PropTech stack should be high on the list when choosing a new property CRM.
Housing Minister Matthew Pennycook says the Government is moving to extend Awaab’s Law to private landlords. The post Awaab’s Law set to be extended to private landlords appeared first on The Negotiator .
Financial expert Ian Dyall warns of unintended consequences of Tory calls for Inheritance Tax exemptions for family homes.
Nelly Berova looks at how to reach customers via AI - and what you need to do to get your estate agency cited. The post BLOG: What the main AI platforms mean for estate agency marketing appeared first on The Negotiator .
Mortgage experts warn there are still buyers who can’t afford larger deposits outside of the scheme. The post Your First Home won’t close Bank of Mum and Dad appeared first on The Negotiator .
Jennie Daly of Taylor Wimpey warns that viability of building new properties in the Capital has "evaporated". The post Major housebuilder pulls out of London new homes market appeared first on The Negotiator .
Totals for home loans from the Bank of England reveal a drop in availability and demand in three months. The post Lenders report mortgage numbers down, with only slight upturn ahead appeared first on The Negotiator .
AI Lomond, a rapidly expanding estate agency, has acquired City Residential, further strengthening its presence in Liverpool. This follows Lomond's initial entry into the Liverpool market through the acquisition of Homesure. City Residential, founded by Alan Bevan in 2001, specialises in residential sales and lettings within Liverpool city centre, while Homesure covers the wider Liverpool area. The acquisition, announced on 9 October 2026, sees Homesure taking responsibility for City Residential's portfolio as Lomond continues its expansion plans.
AI Webbers Estate Agents, operating across Devon, North Cornwall, and Somerset, has alerted clients to a potential data breach involving a third-party service provider. The incident, which did not affect Webbers' own systems, may have compromised personal information including names, addresses, telephone numbers, and email addresses. The agency, which includes Fine & Country branded offices, notified customers this week and has informed the Information Commissioner’s Office (ICO). The extent of the breach and the identity of the third-party provider are currently under investigation, though no financial information or passwords are believed to be affected.
AI An estate agency managing director, Sarah Douglas, faces a legal bill exceeding £200,000 after losing a boundary dispute with her neighbour, Ronald Channon, in Torquay, Devon. The dispute, which began in 2018 over a garden hedge and later a fence, centred on the precise location of the boundary between their properties. Plymouth County Court ruled in favour of Channon, finding his fence was on his land, and ordered Douglas to pay 70% of Channon's legal costs, estimated at over £300,000. Douglas's subsequent appeal to the High Court was dismissed, upholding the original ruling and costs order.
AI The UK property market saw 34.8k new listings and 23.6k homes sold subject to contract this week, with 26.8k price reductions on 764k homes for sale. In September 2026, 54.3% of homes listed exchanged and completed, while 45.7% withdrew unsold. The average asking price of listings was £453k, compared to £363k for sales agreed, a 24.5% difference. The average UK rent in September 2026 was £1,777 pcm, a slight decrease from £1,791 pcm in September 2025, with 299k rental properties available. For landlords: The average UK rent decreased slightly year-on-year in September 2026, and the supply of rental properties increased.
AI On 9 October 2026, The Property Ombudsman (TPO) expelled three property businesses for failing to pay compensation awards ranging from £100 to £800 following consumer complaints. The expelled firms are Musgrove & Co (North Walsham), Tothill Residential Surveying Ltd (Mundon), and Coles Property Management (Blackpool). Musgrove & Co and Coles Property Management, both operating in the residential rental sector, failed to pay awards of £300 and £100 respectively, stemming from landlord complaints. Tothill Residential Surveying Ltd, a surveying firm, failed to pay an £800 award to a buyer. TPO's independent Finance, Performance and Compliance Committee reviewed these cases before agreeing to the expulsions. For landlords: Two of the expelled firms were residential letting agents who failed to pay compensation awards to landlords.
AI The government has launched a consultation on October 9, 2026, to extend Awaab’s Law to the private rented sector (PRS) in England, introducing legally enforceable deadlines for repairs. This follows the 2020 death of Awaab Ishak due to severe damp and mould in his social housing. The new rules will require private landlords and agents to investigate and address serious hazards within prescribed timescales, similar to those in the social sector, which include making immediately dangerous problems safe within 24 hours and starting urgent safety work within five working days of an investigation. The consultation seeks views from various stakeholders to determine the exact framework for the PRS. For landlords: This legislation will impose new mandatory deadlines for addressing serious housing hazards in privately rented homes in England.
AI Taylor Wimpey will cease new developments in London after completing current projects, citing that the economic viability for housebuilding in the capital has "fundamentally broken." This decision, announced by CEO Jennie Daly on 9 October 2026, contributes to concerns about London's housing targets, which require 88,000 new homes annually. Residential development consultancy Molior reported only 2,876 new homes started construction in Q2 2026. Developers face challenges including weak buyer demand, high construction costs, increased mortgage rates, stamp duty, and specific regulations like the second staircase rule for buildings over 18 metres. For landlords: Reduced new housing supply in London may impact the availability and cost of rental properties.
AI Knight Frank has attracted over 170 enquiries for its self-employed affiliate broker network, announcing two new appointments to the model on 1 October. Jack McGovern will cover Blackheath and Greenwich, working with the Canary Wharf office, while Caesar Matthias will cover Shepherd’s Bush, Brook Green, and Barons Court, collaborating with the Chiswick, Notting Hill, Kensington, and Fulham offices. This model allows self-employed brokers to operate independently, earning commission and referral fees, with Knight Frank providing operational and regulatory support. The firm is expanding this network into 36 markets, including several London and commuter areas. For landlords: This indicates an expansion of Knight Frank's residential agency presence in specific London areas.
AI Stoke-on-Trent City Council has approved a city-wide Article 4 Direction, effective from October 23, to control the growth of Houses in Multiple Occupation (HMOs). This removes permitted development rights for converting family homes into small HMOs, requiring planning permission for such changes. The new rules, following an independent review, aim to prevent HMO clusters by disallowing new HMOs if they would exceed 5% of residential properties within a 50-metre radius. Ward-specific caps on total HMOs will also be introduced, ranging from 1.5% to 4% depending on existing numbers, and side-by-side HMOs will be prohibited. The council will now consult on the Direction.
AI Tenancy deposit scheme mydeposits and youth homelessness charity Centrepoint won a national award at the Corporate Engagement Awards 2026 in London on 7 October. They received gold for 'Best CSR Activity or Programme to Support or Develop a Corporate Reputation'. The award recognised an initiative launched in May 2024, allowing tenants to donate deposit interest to Centrepoint. By March 2026, over 40,000 tenants had participated, raising £509,690 for Centrepoint, exceeding projections by 21%. Staff also raised an additional £33,700 through other activities.
AI Kristoffer Jon Dalziel, director of Dalziel Ventures Ltd, was fined £26,000 at Peterlee Magistrates’ Court for leaving a family in a Durham property without heating or hot water for months. Durham County Council intervened after a December 2025 inspection revealed damp, mould, and other hazards at the Annfield Plain property. Despite an improvement notice issued in February 2026, repairs were not completed by the March deadline. Dalziel also failed to obtain selective licences for this property and two others in Stanley, incurring a £7,000 fine for each, plus £5,000 for the improvement notice breach, £500 in costs, and a £2,000 victim surcharge.
AI The government has launched a consultation on extending Awaab’s Law to the private rented sector, potentially increasing protected households from 4 million to 9 million. This law, initially for the social sector in October 2025, mandates strict repair timetables for issues like damp and mould, with further hazards like electrical problems included from 30 November. Landlord groups, including the NRLA and Propertymark, emphasise the need for practical, enforceable rules and proper enforcement, not just new regulations. The consultation also considers covering temporary accommodation and supported housing. For landlords: The proposed extension of Awaab's Law will introduce strict timetables for investigating and rectifying serious hazards in private rented homes.
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AI Sir Charles Dunstone's Freston Ventures has committed to financially support online agent Purplebricks until at least October 2027, despite the company's significant financial losses. Purplebricks' annual report for the 12 months to March 2025 revealed pre-tax losses of £32.7 million, with net current liabilities increasing to £55.8 million from £22.8 million a year prior. The business also owes its parent company, Strike Limited, approximately £48.1 million. This continued backing is partly attributed to the return of Purplebricks' founders, Michael and Kenny Bruce, and CFO Neil Cartwright, who previously scaled the company to a £1 billion valuation.
AI The UK housing market lost momentum in September, with buyer enquiries weakening for the first time since March, according to RICS. Agreed sales also fell, and expectations for the coming months deteriorated. Moneyfacts reported that higher fixed mortgage rates have added almost £2,000 annually to repayments on a typical £250,000 mortgage, based on a 6.00% average five-year fixed rate compared to 4.91% at the start of 2026. Lloyds found UK house prices were unchanged in September, averaging £298,441. While most English regions saw negative price balances, London was notably weaker than the national average. For landlords: The lettings market saw increased tenant demand, with a balance of +23%, and landlord instructions remained negative, indicating continued pressure on rental supply.
AI The government's proposed reforms to Empty Dwelling Management Orders (EDMOs) are facing scrutiny over funding for repairs. Under the new plans, councils could intervene after a property has been empty for six months, a reduction from the current two-year threshold, allowing them to manage and rent out qualifying properties. Elliot Castle, CEO of We Buy Any Home, supports the aim of returning the estimated 300,000 empty homes to use but questions how local authorities, which he claims are underfunded, will pay for the substantial refurbishment he estimates over 150,000 of these properties require. He suggests this initiative may be a "PR stunt" and advocates for financial grants instead of increased council powers in some circumstances, such as properties in probate.
AI Since the Renters’ Rights Act came into force on May 1, landlords in England are increasingly exploring company lets as a way to bypass some new restrictions. These arrangements, where a company rather than an individual is the tenant, can technically retain fixed-term tenancies and avoid the assured periodic tenancy regime, as a limited company cannot satisfy the conditions for an assured tenancy under Section 1 of the Housing Act 1988. However, the article highlights significant risks, particularly with the "head-lease" or "rent-to-rent" model, where a guaranteed-rent operator sublets to individuals. For landlords: If the operating company goes bankrupt, the property owner can become the direct landlord of the sub-tenants, who may hold assured periodic tenancies under the Renters’ Rights Act, making eviction difficult and potentially exposing the owner to liabilities like HMO licensing breaches or rent repayment orders.
AI Conservative plans to cut property taxes were announced by Kemi Badenoch on 8 October 2026, including exempting family homes from Inheritance Tax (IHT) and abolishing Stamp Duty on primary homes. A future Conservative government would legislate so no IHT is paid on family homes, and couples could leave an additional £1m tax-free. Propertymark and Glentree International welcomed the proposals, which the Conservatives estimate would cost £6bn annually. The reforms aim to halve the number of families paying IHT and cut new-build home costs by up to £50,000 by replacing Section 106 agreements and the Community Infrastructure Levy.
AI Chestertons has promoted Jordana Miles to Head of Short Lets, nearly a year after she joined the agency in October 2025. Miles, who previously spent over five years at Draker Lettings, will lead the team across Chestertons' 35 London branches, focusing on properties typically let for two-and-a-half to three months. Her role involves identifying suitable properties for short-term tenancies and generating income for owners awaiting a sale. Savills also appointed Adam De Acetis as a Director in its Property Management division to expand its services for private clients, including property companies and high-net-worth individuals. Macclesfield-based developer Views made three senior appointments: Rob Haynes as Head of Acquisitions, Andrew Turnbull as Delivery Director, and Simon Newby as Senior Contracts Manager, to support its expanding investment and housebuilding operations, with over 240 homes in its pipeline by 2027. For landlords: Chestertons' promotion of Jordana Miles indicates a continued focus on short-let options for properties in London.
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AI Moveli, an estate agency, launched a new AI-powered marketing appraisal and proposal tool on 8 October 2026. This in-house system, part of Moveli OS, allows its 100 UK agents to create personalised, mobile-optimised web proposals for property valuations, including comparables and market data, and tracks seller engagement. This development occurs amidst broader AI investment in the sector, with The Property Franchise Group (TPFG) acquiring a 25% stake in conversational AI platform Enteka Ai for £900,000, which is already used in over 210 TPFG offices including Belvoir and Martin & Co.
AI A recent industry poll by Countrywide Surveying Services (CSS) found that 77% of property professionals believe proposed homebuying reforms will bring positive change. The poll, conducted during a webinar on upfront property information, surveyed over 300 professionals including surveyors and mortgage brokers. Of those, 18% were "very confident" and 59% "somewhat confident" about the reforms' impact, while 21% were not very confident and 2% believed changes would not occur. The discussion focused on providing information earlier in transactions to reduce delays and improve certainty.
AI Mannleys Group, a Shropshire-based estate agency formed in April through the merger of Mannleys and Samuel Wood, has announced a new sponsorship agreement with League Two football club Shrewsbury Town. The deal involves Mannleys Group sponsoring the Arthur Rowley Suite at the club's Croud Meadow stadium, a venue used for conferences, events, and match-day hospitality. As part of the agreement, the agency will receive VIP tickets for all Shrewsbury Town home games, which it intends to distribute to clients selling properties and to landlords. The combined agency operates offices in Wellington, Shrewsbury, Ludlow, and Craven Arms.
Enteka Ai will be TPFG's preferred AI platform and help boost franchise profitability, says TPFG boss Gareth Samples. The post TPFG takes major stake in agency AI platform appeared first on The Negotiator .
New data from LightWork AI highlights the pressure on estate and letting agents to remain available beyond the 9am-5pm working day.
Buyer demand has turned more negative for the first time since March, warns RICS’s Tarrant Parsons. The post Subdued property market set to continue, RICS warns appeared first on The Negotiator .
"The next Conservative Government will legislate so nobody will ever pay Inheritance Tax on their family home," says Kemi Badenoch.
Agents and vendors are facing struggles when it comes to selling flats across the country, says e.surv's Rob Owens.
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The housing market remained subdued during September amid higher mortgage costs, global tensions and Budget uncertainty.
AI Dwelly has significantly expanded its lettings portfolio in 2026, completing 10 acquisitions to reach over 15,000 properties under management. The latest acquisition was London-based Paramount Properties, adding 1,100 fully managed properties. Dwelly also secured $170 million (£129 million) in new funding from investors like EQT Growth and General Catalyst to support further acquisitions and AI investment. The company believes increasing regulation, such as the Renters’ Rights Act, will drive demand for professional property management services as landlords seek assistance with compliance. For landlords: Dwelly's acquisition of Paramount Properties means 1,100 fully managed properties in London are now under Dwelly's management.
AI The UK Government has launched its Anti-Money Laundering and Asset Recovery Strategy 2026–2029, backed by £550 million, to combat economic crime. The strategy aims to strengthen supervision and intelligence sharing, with a focus on high-risk activities. A key commitment is a planned consultation in 2026/27 on the scope of AML regulation for letting agents, who are currently regulated for transactions with monthly rents of £10,000 or more. This could lead to secondary legislation in 2027/28 and implementation in 2028/29. The strategy also highlights a case involving high-value London property where AML checks aided an investigation. For landlords: The government will consult on changing the scope of AML regulation for letting agents, which currently applies to transactions with monthly rents of £10,000 or more.
AI Northern LGPS and LPPI have launched Four Corners, an in-house property management company, to oversee their joint residential portfolio of 5,478 rental homes across England, Scotland, and Wales. The joint venture plans to invest £1 billion over the next decade to expand its portfolio by over 15,000 homes, aiming for a total of 20,000. This move reflects a trend towards large-scale institutional ownership, with Savills reporting over £900 million invested in build-to-rent in Q3, bringing year-to-date volumes to £4.2 billion. Four Corners aims to raise standards and improve the renter experience, encouraging personalisation and offering flexible pet policies. Border to Coast also recently acquired an £400 million portfolio of 866 single-family homes in the South East.
AI The Royal Institution of Chartered Surveyors (RICS) September residential survey indicates a continued squeeze on the UK rental market. A net balance of +23% of letting agents reported increased tenant demand, marking the third consecutive month of growth, while landlord instructions remained low. Looking ahead, +37% of agents anticipate rent increases over the next three months, a figure higher than the +27% average for the first half of the year. Agents in Essex, Suffolk, and London note tight supply and affordability ceilings for tenants. For landlords: The imbalance between landlord costs and tenant budgets, alongside increased demand, is expected to drive rent increases.
AI The Property Ombudsman has expelled three property firms for failing to pay compensation to complainants. Musgrove & Co, a letting agent based in North Walsham, was expelled for not paying a £300 award to a landlord regarding a mishandled holding deposit and tenancy agreement errors. Coles Property Management (C.P.M (NW) Ltd) of Blackpool was expelled for failing to pay £100 to a landlord concerning delays in transferring tenant deposits and rent. Tothill Residential Surveying Ltd, based in Mundon, Essex, was expelled for not paying £800 to a homebuyer who did not receive a paid-for survey report. These expulsions highlight the Ombudsman's enforcement of compensation awards.
Three businesses expelled for £1,000 of owed awards as Lesley Horton of The Property Ombudsman warns paying redress is not optional.
An update on work to carefully take down Grenfell Tower, including dust, noise and vibration monitoring reports.
AI A government consultation is open until 18 December 2026 on extending Awaab's Law to private renters in England. This law, already active in social housing since October 2025, sets legal deadlines for landlords to fix dangerous issues like severe damp and mould. The proposed extension aims to protect England's 11 million private renters, potentially increasing the total number of households covered from 4 million to around 9 million. Housing Minister Matthew Pennycook stated all renters deserve safe homes and timely complaint responses. For landlords: The consultation will inform how Awaab's Law is implemented in the private rented sector, including the timeline for these new protections.
AI The government plans to extend Awaab’s Law, which sets strict deadlines for landlords to repair serious health and safety issues, to the private rental sector in England. This law, initially introduced for social housing last year to address dangerous damp and mould, will now apply to private landlords. A consultation, closing on December 18, will determine how these protections are implemented for England's 11 million private renters. The Renters Rights Act already allows fines up to £7,000 for serious hazards, but Awaab’s Law will mandate quicker action. For landlords: This extension will introduce new legal deadlines for addressing serious health and safety hazards in private rented homes.
AI Reading Council is hosting a free Landlord Information Evening on Thursday, October 15, in partnership with the National Residential Landlords Association (NRLA). The event aims to update landlords on legislative changes, NRLA campaigns, and the future of the private rented sector, with NRLA Public Affairs Officer Joshua Helm-Cowley as a guest speaker. Seminars will cover topics like tax, damp and mould, serving notices, rent increases, and local licensing requirements. The council will also promote its Rent Guarantee Scheme and other support available to landlords in Reading.
AI Several activist groups have voiced support for the government's proposal to extend Awaab's Law to the private rental sector across England. Organisations including Generation Rent, the Renters' Reform Coalition, Crisis, Independent Age, and Become welcome the consultation, advocating for its swift implementation. They highlight concerns about renters living in homes detrimental to health, citing issues like damp, mould, and pests, and the need for landlords to address these promptly. The proposed extension aims to ensure all renters, including those in temporary accommodation and care leavers, have safe and suitable homes. For landlords: The government is consulting on applying Awaab's Law, currently for social housing, to the private rental sector, which would introduce stricter standards for property conditions and repair times.
AI Burnley Council has initiated a six-week public consultation regarding proposals to restrict the conversion of properties into Houses of Multiple Occupation (HMOs). The council is considering removing permitted development rights in six specific wards, which currently allow a single dwelling to become a small HMO without requiring planning permission. This measure, part of a long-term strategy to manage HMOs in the borough, aims to give the council greater control over their number and location. The consultation concludes on November 6, with a decision expected in spring 2027 and potential implementation by September 2027.
AI Allsop has published its tenth residential auction catalogue for 2026, featuring 286 lots across England, Scotland, and Wales. The online auction, scheduled for October 21 and 22, includes 16 lots guided at £1 million or more. Key opportunities include a mixed-use investment in Bournemouth with 50 letting rooms, and Bywater House in Birmingham, a student investment generating £335,505 per annum from 25 studio flats and other units. Also featured is a freehold block in Ashford, Surrey, comprising ten flats and a Superdrug retail unit, with a total rent of £270,000 per annum.
AI Bradley Hall, a property consultancy, has relocated its Manchester office to larger city-centre premises on King Street. This move, announced on 9 October 2026, follows growth in its valuation business and aims to accommodate further recruitment within its residential and commercial property team. The Manchester team, led by associate director Charlotte Williams, serves Greater Manchester, Cumbria, Lancashire, Cheshire, and Merseyside. Recent appointments include Sienna Baker as a graduate surveyor, Benjamin Riddle as associate director, and Matthew Beswick as a chartered surveyor, with more hires planned. The office primarily focuses on residential and commercial valuations for various clients.
AI The government plans to extend Awaab’s Law, which sets strict deadlines for landlords to repair serious health and safety issues, to the private rental sector in England. Introduced last year for social housing, the law currently mandates fixes for dangerous damp and mould. A consultation, closing on December 18, will determine how these protections are implemented for England's 11 million private renters, including timescales for new requirements. The government notes that approximately one in ten private rented homes has a Category 1 hazard, which already carries fines of up to £7,000 under the Renters Rights Act. For landlords: This extension will introduce new legal deadlines for addressing serious health and safety hazards in private rented properties.
AI Lomond has acquired Liverpool-based letting and estate agent City Residential, founded by Alan Bevan in 2001. This acquisition follows Lomond's earlier purchase of Homesure, another Liverpool firm, which will now manage City Residential's portfolio. The deal increases Lomond's total properties under management to 72,000, with over 2,600 employees and 150+ branches across the UK. Lomond operates in regions including Scotland, Yorkshire, the North West, Midlands, London, Kent, and the South Coast.
AI The Property Ombudsman (TPO) has expelled three letting agencies from its redress scheme for failing to pay compensation awards. Musgrove & Co (Musco Property Limited) of North Walsham, Norfolk, Tothill Residential Surveying Ltd of Mundon, Essex, and Coles Property Management (C.P.M (NW) Limited) of Blackpool were removed. Musgrove & Co failed to pay a £300 award to a landlord, Tothill Residential Surveying Ltd did not pay an £800 award to a buyer, and Coles Property Management failed to pay a £100 award to a landlord. TPO's Chief Ombudsman, Lesley Horton, stated that expulsion is a last resort, with only three businesses reaching this stage this quarter. For landlords: The Property Ombudsman's expulsions demonstrate that the scheme takes action against agents who fail to comply with compensation awards, including those made to landlords.
AI A new property management company, Four Corners, aims to improve the rental experience by encouraging tenants to personalise their homes. The firm allows residents to paint walls, hang artwork, and use removable fixings, citing research that 92% of renters desire such customisation. Four Corners also promotes gardening and a flexible approach to pets, moving away from arbitrary limits. Chief operating officer Peter Kennedy states their model prioritises residents' comfort and ability to make a rental feel like home, going beyond basic rights supported by the Renters Rights Act.
AI Self-employed agency eXp UK will host a three-day global event in summer 2027 at a Park Lane hotel in London. The event, eXpcon, will feature eXp Realty's global chief executive, Leo Pareja, and eXp UK's Country Leader, Adam Day. The programme will cover leadership, innovation, strategy, and community, celebrating the growth of eXp agents, who now number over 1,000 in the UK. The event aims to connect UK agents with international counterparts and showcase the UK business.
AI Research by LetCompliance on HMRC's official list of Making Tax Digital (MTD) software reveals that one-third of the 128 products for landlords' British property income cannot yet file a full tax return. MTD for Income Tax launched on April 6, 2026, for landlords and sole traders with income over £50,000, extending to those earning above £30,000 from April 6, 2027. While 84 products are ready for the tax return, 32 are "in development," and 12 do not include it. The first quarterly deadline was in August, with the next in November, and the full tax return for 2026-2027 is due by January 31, 2028. For landlords: The availability of fully compliant MTD software for the 2026-2027 tax return, due by January 2028, is limited.
AI The London Renters Union has stated that government plans to tackle rogue landlords and build more council homes will take years to have an effect. They argue that while these measures are essential, they will only work at scale and will not address the immediate affordability crisis faced by millions of tenants due to soaring rents and energy bills. The Union is advocating for rent control as a policy that could provide immediate relief and save billions in housing benefit. The Ministry of Housing, Communities and Local Government countered that the Renters' Rights Act protects tenants from excessive rent increases and that long-term affordability will be achieved by boosting housing supply with a £39 billion investment in social and affordable housing. For landlords: The London Renters Union is stepping up campaigns for rent control.
AI Propertymark has released a new guide for letting agent members on managing tenant pet requests, aiming to reduce disputes and risks. The guide covers rules across the UK, noting that in England, the Renters’ Rights Act 2025 grants tenants the right to request a pet, with landlords unable to refuse unreasonably and a 28-day consideration timeframe. It also highlights varying deposit rules across Britain and advises on assessing property suitability, checking lease restrictions, and encouraging tenant-provided references. Propertymark suggests allowing pets can increase property desirability and tenancy length. For landlords: the Renters’ Rights Act 2025 will require consideration of pet requests within 28 days and prohibits unreasonable refusal.
AI The Guild of Property Professionals' regional tour, covering areas including Cornwall, Exeter, Bristol, the South West, and Cardiff, reveals how agents are adapting to a challenging housing market. Key changes include developing new service opportunities beyond sales commission, such as premium marketing and conveyancing referrals. Agents are also increasingly using AI for tasks like property descriptions and workflow automation, and improving operational efficiency to address concerns like transaction times, which can extend to 16-20 weeks. These adjustments aim to meet evolving consumer expectations and manage increased stock and reduced buyer urgency.
AI Jonathan Hawthorne has been appointed Sales Director at Romans, part of LRG, marking his twenty-fifth year with the estate agency. Hawthorne joined Romans in 2001 as a Trainee Sales Advisor, progressing to Manager of the Bracknell office in 2014, and subsequently to various sales director roles. He will now lead the sales operation for Romans, which operates 27 offices primarily in the Thames Valley. This appointment comes as agents navigate changing market conditions.
AI Spain's left-leaning government, led by Prime Minister Pedro Sánchez, has introduced measures to address a housing crisis, including new regulations for holiday lets and a ban on evictions for vulnerable individuals until 2030. These proposals, reported in publications like El Periódico de Catalunya, have faced opposition from right-wing parties, leading Sánchez to call a snap general election. The Confederation of Tenants’ Unions has campaigned on issues like the eviction of an 87-year-old woman. The article suggests Spain's situation could foreshadow potential developments in the UK if a minority Labour government comes to power after the 2029 general election, particularly concerning rent controls or eviction bans, which UK charities like Shelter and groups like Generation Rent have advocated for.
AI The Property Franchise Group (TPFG) has acquired a 25% stake in the conversational AI platform Enteka Ai. TPFG is investing £900,000 for a 15% equity interest, with an additional 10% stake issued upfront, subject to a three-year commercial agreement making Enteka TPFG's preferred AI provider. Enteka's technology, which handles enquiries across various communication channels and manages leads and appointments, is already in use in over 210 TPFG offices, including brands like Belvoir and Martin & Co. This move aims to expand AI use across TPFG's network, affecting its franchisees and their operations.
AI UK house prices remained flat in September, with the average property price at £298,441, according to the Lloyds House Price Index. This followed a 0.3% fall in August and no change compared to September last year, though prices slipped 0.2% quarterly. Higher mortgage rates and economic uncertainty are restraining the market, but buyer interest has improved, with new enquiries reaching their highest level since February. Borrowing costs, with fixed mortgage rates near 6%, are a significant factor, alongside upcoming Budget speculation. For landlords: The flatlining house prices and increased buyer caution, particularly in North London as noted by Jeremy Leaf, indicate a more challenging sales environment for residential properties.
AI Homeflow has introduced an AI live chat tool for estate agents, designed to manage website enquiries 24/7. Launched on 7 October 2026, this assistant answers questions from buyers, sellers, landlords, and tenants, even outside office hours. The system uses agency-specific data on branches, services, and property listings to provide relevant responses and capture contact details, viewing requests, and valuation enquiries, which are then recorded in Homeflow’s Lead Manager for agent follow-up. Bradleys Estate Agents is already utilising the technology, with their AI assistant "Brad" handling hundreds of conversations.
AI Jonathan Hawthorne has been promoted to sales director at Romans, part of LRG, after 25 years with the agency, having joined in 2001. He will now lead sales across Romans' 27 offices, primarily in the Thames Valley. Separately, Charles Lloyd, formerly head of Savills Mayfair, has joined UK Forbes Global Properties as a founder partner, bringing nearly 40 years of prime residential market experience. He will serve clients in Prime Central London and the Home Counties. The ESTAS has also appointed Amy Bibiris as executive director ahead of its 23rd annual awards in London on 16 October. For landlords: Charles Lloyd's appointment at UK Forbes Global Properties means a new founder partner is available for buyers and sellers in Prime Central London and the Home Counties.
AI Berkeley Group, a major housebuilder, has urged the Chancellor to cut stamp duty on new homes in its Budget submission dated 7 October 2026. The company proposes capping stamp duty at 1% for first-time buyers and downsizers, and removing the 5% surcharge for investors purchasing new-build rental properties. Berkeley claims these reforms could unlock 60,000 additional homes annually and generate an extra £4.2bn for the Treasury, despite a 56% fall in private home sales in London last year compared to 2022, with only 8,840 sold. The developer estimates removing the investor surcharge could save a typical investor £13,000 and increase sales by at least 30%. For landlords: The proposed removal of the 5% stamp duty surcharge on new-build rental homes would reduce acquisition costs for investors.
AI Propertymark has released a new guide for letting agents and landlords regarding tenant requests to keep pets. This follows changes in regulations across the UK, including England's Renters’ Rights Act 2025, which grants tenants the right to request a pet, with landlords unable to refuse unreasonably. The guide details the 28-day timeframe for considering requests and outlines grounds for refusal. It also covers differences in rules across England, Scotland, Wales, and Northern Ireland, including tenancy deposits. For landlords: The guide provides practical advice on navigating pet requests under the evolving legal framework in England.
AI Over 500 rental properties daily are estimated to be leaving the private rented sector in 2026, according to TwentyEA, following 181,000 departures in 2025 and 111,696 in 2024. However, John Minnis Estate Agents suggests an inheritance boom could introduce new buy-to-let investors. Resolution Foundation research indicates 2.1 million adults received an inheritance in 2018-20, with 32% receiving at least £50,000. The agency posits that even a small fraction of these recipients investing in property could create thousands of new landlords, potentially offsetting the current decline in rental supply.
The prime minister needs to reach out to the widest electorate constituency
AI Zoopla's research, based on an Opinium survey of 2,000 UK adults in September 2026, reveals that 44% of homeowners have secretly taken steps towards moving without informing other adults in their household. This includes 27% who have browsed listings and 21% who have checked their home's value online. Notably, 10% have secretly viewed a property, and 2% have made a secret offer. London showed the highest proportion of covert property activity at 62%, compared to a UK average of 44%. For landlords: This research concerns homeowners and their moving intentions, not the rental market or landlord-tenant relationships.
AI Research by Zoopla indicates that 44% of UK homeowners have secretly taken at least one property-related action without informing other adults in their household, such as browsing homes or checking their property's value. This includes 38% who browse while watching TV with those they are concealing it from. Among those serious about buying within one to three years, 72% have already taken such actions. London leads the trend, with 62% of residents engaging in secret property research, followed by the West Midlands at 54% and the North West at 53%. For landlords: This research highlights a significant proportion of London homeowners are actively and secretly exploring moving, potentially increasing churn in the sales market.
AI The average UK room rent reached a record £769 per month in Q3 2026, with year-on-year rental supply decreasing by 4.7%. SpareRoom data indicates that Belfast and Exeter experienced the largest rent increases among the top 20 cities, while Swansea and Manchester saw falls. Inner London's average monthly room rent hit £1,002, a 2.3% rise from the previous quarter and 1.1% year-on-year, nearing its Q4 2023 record. Outer London's average rent remained stable at £800 per month. Inner London also saw a 7.3% drop in room rental supply. For landlords: The Renters' Rights Act is cited as a factor in landlords leaving the market, contributing to reduced supply and rising rents.
AI An analysis of HMRC's software finder reveals that one-third of products listed for landlords using Making Tax Digital (MTD) for Income Tax cannot yet file the final tax return. Out of 128 products supporting UK property income, only 84 are ready for the final tax return, with 32 in development and 12 not including it. This means approximately 34% of available products for UK property income lack this crucial feature. HMRC states its Software Choices tool is regularly updated, and features marked 'under development' are expected to be ready before year-end returns are due. MTD came into force six months ago. For landlords: The availability of MTD-compliant software for filing end-of-year tax returns is currently limited for a significant proportion of listed products.
AI Shadow Housing Secretary Katie Lam reportedly advocated for the repeal of the Renters’ Rights Act at a fringe event during the annual Conservative conference, despite the party confirming this is not official policy. Lam criticised Labour's proposal for managing vacant properties after six months and suggested Conservative plans to reduce new-build home costs by up to £50,000. Other proposals included scrapping the Future Homes Standard, replacing Section 106 and the Community Infrastructure Levy with a single levy, and abolishing Stamp Duty. Propertymark's Timothy Douglas welcomed moves to increase housing supply and simplify planning, noting Stamp Duty removal could improve market mobility, but cautioned against scrapping the Future Homes Standard without careful consideration.
AI Liverpool City Council plans to introduce new Article 4 Directions in five areas: Kirkdale, Everton, County, Walton, Orrell Park and part of Fazakerley; part of Tuebrook Larkhill; Old Swan and part of Stoneycroft; Penny Lane and part of Calderstones and St Michaels and Sefton Park. This aims to manage the growth of Houses in Multiple Occupation (HMOs), which currently constitute 3% to 4.6% of the city's housing stock. A recent survey showed 80% of 1,070 respondents supported extending these controls. The council will publish proposals and begin a statutory consultation after cabinet approval.
Minister of State Matthew Pennycook MP has written to the Planning Inspectorate Chief Executive Graham Stallwood on the new National Planning Policy Framework.
AI Spain's government has recently approved tighter rental regulations, including rent controls and stronger eviction protections, following widespread protests. Credit ratings agency Morningstar DBRS warns these measures could deter rental investment, potentially reducing supply and increasing rents. This situation is seen as a potential warning for the UK, where a future Labour government might face pressure to implement similar policies in England. The Joseph Rowntree Foundation has proposed rent controls for England from 2027/28, alongside restoring Local Housing Allowance to the 30th percentile of local rents.
AI Greater Manchester has introduced the 12-month Better Renting programme, a pilot scheme by the Dispute Service (TDS) Group and the Nationwide Foundation. It aims to improve landlord compliance by offering practical tools, including a new website, webinars, and guides, to help landlords understand their responsibilities and licensing requirements. This initiative follows research by the TDS Charitable Foundation indicating that keeping up with policy changes is a major challenge for landlords in the region. The programme will also support the Greater Manchester Good Landlord Charter, a voluntary scheme for residential landlords.
AI A new initiative, the Better Renting programme, is launching in Manchester to improve landlord compliance with regulations. Research by the TDS Charitable Foundation found that 21% of landlords nationally struggle to keep up with legal changes, contributing to non-compliance in Greater Manchester's private rented sector, which comprises almost 250,000 households. Led by The Dispute Service Group and the Nationwide Foundation, the programme will provide practical tools and a new website for Greater Manchester landlords, aiming to clarify responsibilities and licensing requirements. It will also assist councils in communicating effectively with landlords, supporting the implementation of the Renters’ Rights Act.
AI Nearly four in ten London flats resold between August 2025 and August 2026, after being held for five to ten years, sold for less than their previous purchase price, according to e.surv Chartered Surveyors. This proportion was the highest in Britain, compared to around one-third in the South East and East of England, and just over one-quarter across Great Britain. The disparity between flat and house prices has widened since 2017, influenced by concerns over building safety, cladding, and service charges. London's overall house prices declined by 2.3% year-on-year. For landlords: London flats held for five to ten years and resold in the year to August 2026 frequently changed hands at a nominal loss.
AI UK house prices were unchanged in September at £298,441, following a 0.3% fall in August, according to Lloyds Bank's index. Annually, prices also showed no change compared to September last year, though Northern Ireland saw a 7.4% annual growth. While the overall market has been subdued, property prices have remained resilient despite higher mortgage rates. However, prices are sliding across London, southern England, and East Anglia, where buyers face significant affordability challenges due to mortgage interest rates being at their highest in three years. For landlords: House prices are sliding across London.
AI PropTech platform Dwelly, which has acquired ten independent UK letting agencies in 2025, including Paramount Properties and Eden Harper, and manages 15,000 units, warns the private rental sector faces its toughest period in years. The company, backed by US$170m investment, attributes this to increased regulation, rising operating costs, and the Renters’ Rights Act. Dwelly believes these challenges make the sector ripe for technology, with its AI platform automating administrative tasks to enhance operational efficiency for agents and support landlords.
AI A finance service, Taxd, is calling for increased support for landlords as Making Tax Digital for Income Tax (MTD) expands. Over one million sole traders and landlords are being given six months to prepare for MTD, which currently applies to those with £50,000 gross qualifying income. From April next year, this threshold will decrease to £30,000, potentially including many more landlords who may not realise they are affected due to the gross income calculation. Taxd highlights that the main challenge is the initial setup, which requires landlords to purchase approved software for quarterly submissions to HMRC. For landlords: The MTD income threshold will drop to £30,000 gross qualifying income from next April, requiring affected landlords to use approved software for quarterly tax submissions.
AI Two founding members, Nick Cheshire and Dan Kirby, who operate Essex estate agency Nest, have acquired a majority stake in the Ethical Agent Network (EAN). This change, effective October 8, 2026, means Cheshire and Kirby will manage the network's daily operations and future growth. Founder Jerry Lyons will retain a shareholder and ambassador role, continuing as head of PR and Community Consultancy. EAN, launched in March 2024, is a network for independent estate and letting agencies, requiring members to commit to standards in client service, honesty, staff development, and community involvement. This affects independent estate and letting agencies that are members or prospective members of EAN.
AI Chestertons has appointed Jordana Miles as Head of Short Lets, nearly a year after she joined the company as Business Development Manager. The agency reports increased activity across its lettings division, with tenant demand up 7% and move-ins up 3% since May. Year-on-year, August saw a 13% rise in prospective tenant enquiries and a 6% increase in new landlord instructions. Miles will lead the short lets team, which is experiencing growing demand from corporate clients, international tenants relocating to London, and ex-landlords whose properties have not sold as quickly as expected. For landlords: This indicates a potential opportunity for owners of unsold properties in London to generate income through short lets.
AI Propertymark will engage with the government to clarify details regarding proposed mandatory regulation for letting agents. Propertymark's chief executive, Nathan Emerson, welcomed Labour's proposals for agent licensing and qualifications, alongside a regulator to set conduct and complaints standards, with powers to remove licences. The organisation advocates for a consistent framework to protect consumers and ensure fair conditions for businesses already investing in qualifications and training. Unresolved details include specific qualifications, licence funding, transitional arrangements, and the implementation timetable, as well as how the new regulator would interact with existing redress schemes and professional bodies.
AI The Royal Institution of Chartered Surveyors (RICS) September sentiment survey indicates a continued rise in tenant demand for the third consecutive month, alongside a limited supply of available rental homes. A net balance of +37% of RICS members anticipate landlords will increase rents by Christmas, a figure lower than August's +44% but above the +27% average for the first half of the year. The sales market, however, shows weakening buyer demand and falling agreed sales in September, with house prices facing downward pressure. For landlords: RICS members expect rent increases by Christmas.
AI A software company, LetCompliance, claims that one-third of the Making Tax Digital (MTD) for Income Tax products listed by HMRC for landlords cannot yet file the annual tax return. Of the 128 products on HMRC's official list that handle UK property income for individual landlords, only 84 are capable of sending the year-end tax return. MTD for landlords with qualifying income over £50,000 began in April this year, extending to those over £30,000 from April 2027. Propertymark recently advised letting agents to assist landlords with the new system. For landlords: Many MTD software products currently available for UK property income do not support the final tax return, which is due by January 31, 2028, for the 2026-2027 tax year.
AI Room rents have reached record highs across most of the UK, with the supply of rooms in flat and house shares decreasing by 4.7% year-on-year, according to SpareRoom data. All regions except Greater London and North East England saw record room rents. South West England experienced the largest regional year-on-year rent increase at 2.3%. Northern Ireland saw the biggest country-level rise in Q3 at 7%, driven by Belfast's 6.8% increase. Exeter's demand for rooms surged by 79% due to on-campus accommodation shortages, pushing rents up 4.5%.
Upfront moving costs have dropped but the longer-term picture is far less reassuring, says Rob Houghton, founder of Reallymoving.
AI Mortgage brokers have warned that online mortgage calculators can provide an inaccurate picture of how much first-time buyers can borrow, potentially creating "false hope". Richard Davidson of onlinemortgageadvisor.co.uk noted that while useful as a starting point, these tools often fail to account for complex individual circumstances like self-employed income, bonuses, or childcare costs. Craig Fish of Lodestone Mortgages added that users often input figures without understanding lender-specific rules on allowable income and outgoings. Brokers claim that calculators can both overstate and understate borrowing capacity, with some lenders now offering more than four and a half times salary.
AI Mortgage deals priced below 5% have almost disappeared, according to Moneyfacts data. The number of sub-5% fixed deals, excluding those for Northern Ireland, fell by 99% from 1,494 at the start of September to just nine. Average fixed rates have reached three-year highs, with the average two-year fixed rate now 5.98% (up from 5.59% last month) and the average five-year fixed rate at 6%. This rapid shift affects borrowers seeking lower fixed mortgage rates.
AI Shadow Housing Secretary Katie Lam indicated support for scrapping the Renters’ Rights Act and Stamp Duty at a Centre for Policy Studies fringe event during the Conservative Party conference. While the Conservative Party later clarified there is no policy plan to scrap the Renters’ Rights Act, Ms Lam also pledged to abolish the Future Homes Standard, cut new-build home costs by up to £50,000, and replace Section 106 and the Community Infrastructure Levy with a single levy. Propertymark welcomed the focus on increasing housing supply and simplifying planning.
AI The English Housing Survey, which canvassed nearly 14,000 rented households, indicates that 84% of renters are satisfied with their accommodation, and three-quarters are happy with repairs and maintenance. Renters are spending a smaller proportion of their earnings on rent than four years ago, with 33% of income now allocated to rent, down from 36% in 2014/15. The survey also found that most tenants move voluntarily. However, renters aged 16-24 spend 45% of their income on rent. For landlords: The survey provides data on tenant satisfaction and rental affordability within the English private rental sector.
AI A new London agency, Orato Estates, has launched, founded by Andreas Abasaid. The agency will focus on residential properties in London with distinctive architecture, interiors, and design, taking a selective approach to its portfolio. Orato Estates aims to market homes that stand out from conventional stock, offering sales and lettings services to private vendors, developers, architects, and interior designers. For landlords: A new lettings agency has entered the London market, specialising in design-led properties.
AI Average rental yields reached 7.9% between July and September this year, an increase of 0.4 percentage points from 7.5% in the same period of 2025, according to Fleet Mortgages research. The average landlord portfolio grew to 18 properties. Yorkshire and Humberside recorded the highest yield at 9.3%, while Greater London remained the lowest at 6.4%, despite having the highest average monthly rent of £2,597. Limited company borrowing accounted for 71% of applications, and average rental cover decreased from 144% to 132%. For landlords: Greater London's average rental yield was 6.4%, the lowest among the regions surveyed, while its average monthly rent was £2,597, the highest.
AI JDG Estate Agents acquired Mighty House Sales and Lettings on 6 October 2026, following its summer purchase of Castle Properties. These acquisitions expand JDG's operations across Lancaster and Morecambe, integrating both businesses into the JDG brand. Mighty House operated as a high street sales and lettings agency for about 10 years, while Castle Properties focused on residential lettings. The deals have increased JDG's managed lettings portfolio to over 450 properties and expanded its team.
Why understanding sellers’ real motivation can win estate agents more instructions
AI The Conservative Party announced plans on October 6, 2026, at their conference in Birmingham, to scrap stamp duty and significantly deregulate housebuilding if they return to government. Shadow Chancellor Andrew Griffith stated the reforms could reduce new-build home costs by up to £50,000. The proposals include abolishing the Future Homes Standard, replacing Section 106 agreements and the Community Infrastructure Levy with a single developer charge, and dissolving Natural England and the Environment Agency. Property industry figures like Propertymark and the Federation of Master Builders welcomed some aspects, such as stamp duty abolition and planning simplification, but expressed caution regarding the impact on build quality and environmental protections.
AI The number of fixed-rate mortgages below 5% significantly decreased in September, with 99% of such deals vanishing, leaving only nine available. This excludes products exclusive to Northern Ireland. The average five-year fixed rate reached 6%, its highest since September 2023, while the average two-year fix climbed to 5.98%, the highest since December 2023. Major lenders like Barclays, HSBC, and Lloyds Bank increased rates multiple times during September. This rapid repricing, driven by rising gilt yields and volatile swap rates, impacts buyer affordability and transactions across the UK. For landlords: The increased cost of fixed-rate mortgages affects the affordability of property purchases for potential buyers.
AI Average rental yields across England and Wales reached 7.9% in Q3, up from 7.5% a year prior, according to Fleet Mortgages' Q3 Rental Barometer. The average landlord portfolio with Fleet grew to 18 properties, compared to 12 a year ago. Yorkshire & Humberside recorded the highest yield at 9.3%, while Greater London remained the lowest at 6.4%, despite an increase from 5.9% a year earlier. London also maintained the highest average monthly rent at £2,597. The data indicates a trend towards larger portfolios, with landlords owning 15+ properties accounting for 30% of applications in Q3. For landlords: Greater London's average rental yield increased to 6.4% from 5.9% a year ago, and its average monthly rent was £2,597.
AI The Property Ombudsman (TPO) has appointed Jan Hÿtch and Bill Cooper as new non-executive directors to its board. Hÿtch brings over 35 years of residential property experience, including roles at Propertymark and RICS, and as an adjudicator for the Tenancy Deposit Scheme. Cooper, also with over 35 years' experience, previously owned a Martin & Co lettings and property management business in Oxford and was an equity partner at Deloitte and KPMG. These appointments aim to strengthen TPO's governance and consumer redress work across the UK. For landlords: The Property Ombudsman, which provides independent redress for consumers using property businesses, has appointed new board members with extensive experience in lettings and property management.
AI Estate agents can now automate the management of 'For Sale' and 'To Let' boards following a partnership between National Independent Board Services (NIBS) and proptech firm openmoove, announced on 6 October 2026. This integration, currently available through CRMs like Alto, Street, Rex, Loop, and Apex27, automatically triggers board orders, movements, and removals based on property status changes within the CRM. NIBS, a national network of independent board companies serving over 5,000 estate agency offices across the UK, states this will reduce boards left outside properties post-transaction. The service offers agents a single system for board services, including installation photos, reporting, and consolidated invoicing.
AI New regulations for letting agents and landlords in Scotland came into force on October 6, 2026, introducing specific deadlines for addressing damp and mould in rented properties. Landlords now have 10 working days to investigate potential issues after becoming aware of them, and must provide a written summary to tenants within three working days of completing the investigation. If repairs are necessary, work must commence within five working days of the investigation's conclusion. These changes necessitate a review of procedures for agents and property managers, including inspections, record keeping, and contractor arrangements, particularly regarding specialist expertise.
AI The government has appointed Professor Sergio Cavalaro of Loughborough University as the new Chief Construction and Scientific Adviser (CCSA) for a three-year term. This role, a recommendation from the Grenfell Tower Inquiry, will provide independent expert advice on building safety, quality, and resilience, and support regulatory reform. Concurrently, the Building Safety Levy, a tax on new residential developments over 10 units, came into force on 1st October 2026. This levy is projected to raise £3.4 billion over ten years to fund building safety works, including cladding removal, and ensure the industry contributes to defect remediation.
AI The Building Safety (Wales) Act 2026 will establish a new regime for managing safety risks in multi-occupied buildings in Wales, led by regional Building Safety Authorities (BSAs). Flintshire County Council is proposed for North Wales and Vale of Glamorgan County Borough Council for South Wales, with a consultation ongoing for Mid and West Wales. Propertymark supports these designations and suggests Carmarthenshire County Council for Mid and West Wales. The success of these BSAs, which will be responsible for assessing and managing building safety risks, depends on adequate resources, clear guidance, and engagement with property agents.
AI The cost of moving home in England has decreased to £17,413 in 2026, a 2.3% reduction from the previous year's record high, according to research by reallymoving. This £418 drop is primarily due to a fall in median property prices, with purchase prices decreasing from £395,000 to £390,000 and sale prices from £325,000 to £315,000. This led to lower Stamp Duty and estate agent fees, alongside a nearly 12% reduction in removals costs. However, conveyancing costs increased by 2.7%. Overall, moving costs have risen by 74% over the last decade, adjusted for inflation.
AI Propertymark has released a new guide for its letting agent members on managing pet requests in rented homes. The guide aims to help agents handle requests fairly, reduce risks, and prevent disputes, covering rules across England, Scotland, Wales, and Northern Ireland. In England, the Renters’ Rights Act 2025 grants tenants the right to request a pet, with landlords required to consider requests within 28 days and only refuse on reasonable grounds. The guide also addresses varying deposit rules across the UK and encourages open communication between agents, landlords, and tenants regarding pets. For landlords: The Renters’ Rights Act 2025 in England will require landlords to consider tenant pet requests and not unreasonably refuse them.
AI The Cambridge Building Society, in partnership with lettings agency Cheffins, has opened applications for its Rent to Home initiative, which allows renters to reclaim up to 70% of their paid rent as a deposit for their first home. This unique UK scheme, launched in 2019, is currently inviting applications for a property in Longstanton. It targets first-time buyers who can afford rent but struggle to save a deposit, offering tenancies of one to three years in refurbished homes. The scheme has already seen ten tenants purchase homes, reclaiming a total of £169,290, with a further nine tenants in six properties projected to reclaim over £201,000.
AI Tenant demand across England strengthened in Q3 2026, with 31.1% of rental listings securing a tenant, a 1.4% increase from Q2 2026. This figure is broadly consistent with the previous year, being only 0.1% lower. The City of London and West Sussex experienced the highest demand at 43.5% each, while Tyne & Wear had the lowest at 18.3%. The City of London also saw the largest quarterly increase in demand, rising by 13.5%, with Greater London increasing by 3.9%. For landlords: Tenant demand in the City of London was the strongest in England during Q3 2026, and Greater London experienced a notable quarterly increase in tenant activity.
AI New research from the TDS Charitable Foundation, based on a survey of over 2,000 private renters in England, indicates a shift in tenant demographics and aspirations. While 76% of renters desire homeownership, 44% anticipate renting permanently. Over half (51%) wish to move but feel unable, and 47% found their last property search difficult due to limited choice. The average tenancy length has increased to 4.7 years, nearly a year longer than a decade ago. Demand for social housing is also rising, with 30% of tenants preferring it, up from 21% last year. This trend is more pronounced among older tenants, those on benefits, families, and individuals with long-term health conditions.
AI Jan Hÿtch and Bill Cooper have been appointed as Non-Executive Directors to The Property Ombudsman (TPO) board. Hÿtch brings over 35 years of experience in residential property, including roles at Propertymark and the RICS UK Residential Board, and has served as an external adjudicator for the Tenancy Deposit Scheme. Cooper, with over 35 years in business leadership and governance, was formerly an equity partner at Deloitte and KPMG, and owned a Martin & Co lettings business in Oxford for eight years. Both have direct experience with TPO's complaints and redress processes. Their appointments aim to strengthen TPO's work for consumers and property businesses across the UK.
AI Shadow Housing Secretary Katie Lam has criticised the charity Shelter, alleging it attempted to alter a formerly homeless veteran's testimony to promote a pro-migrant agenda. Writing on Conservative Home, Lam stated Shelter tried to make the veteran's story "address" the perceived conflation of homeless veterans with migrants "getting homes," despite the veteran's focus being on his military service and PTSD. Shelter declined to comment when approached by Landlord Today. Lam also reiterated pledges to scrap stamp duty and reduce new-build home costs by up to £50,000 by cutting net-zero regulations and red tape. Propertymark welcomed the focus on housing supply and stamp duty removal but urged caution on scrapping the Future Homes Standard.
AI A recent report by software company LetAlliance claims that one-third of Making Tax Digital (MTD) for Income Tax products for landlords cannot yet file the annual tax return. Of the 128 products listed by HMRC as handling UK property income, only 84 are currently able to send the year-end tax return, with 32 showing it as "in development" and 12 not including it. MTD for Income Tax began in April 2026 for landlords with qualifying income over £50,000, requiring quarterly updates and an annual tax return via compatible software. The first tax return for the 2026-2027 year is due by January 31, 2028. For landlords: The functionality of MTD software for filing the annual tax return is a key consideration when selecting a product.
AI New rules regarding damp and mould, tenancy succession, and wrongful termination are now in effect in Scotland. Private landlords in Scotland must investigate damp and mould reports within 10 working days, provide a written summary within three working days, and begin remedial work within five working days if substantial issues are found. The qualifying period for tenancy succession after a tenant's death will reduce from 12 to six months for tenancies where the tenant dies on or after 6 October 2026. Additionally, for tenants leaving a property on or after 6 October 2026, the financial penalty for wrongful termination of a Private Residential Tenancy will increase significantly, from up to six months' rent to between three and 36 times the relevant sum.
AI Landlords are reportedly spending six full days annually on Making Tax Digital (MTD) for Income Tax, which became mandatory six months ago for those with over £50,000 in annual revenue. A survey by Tide of 500 MTD users found 44% anticipate MTD administration impacting normal working hours, with 36% specifically noting it will affect time spent with clients. Over half (58%) expect it to take more than a working week, and 13% predict over ten days in the first year. This lost time, estimated at £1,778 per business in the first year, equates to £1.5 billion across 864,000 qualifying businesses. MTD will extend to landlords with over £30,000 in revenue in 2027. For landlords: The MTD for Income Tax requirements affect landlords with annual revenues over £50,000 now, and will affect those with over £30,000 from 2027.
AI Over £900 million was invested in the UK Build to Rent (BTR) sector in Q3 2026, bringing the year-to-date total to over £4 billion, surpassing previous years' figures for the same period. Savills anticipates 2026 could set a new annual investment record. Rental growth was particularly strong across England during summer 2026, following the Renters’ Rights Act in May, with 72% of English local authorities experiencing above-average growth. Birmingham was an exception due to high rental supply. This growth is attributed to landlords adjusting asking rents to market values, as the new legislation prevents accepting offers above advertised prices.
AI Tenant demand across England increased in Q3 2026, with 31.1% of rental listings marked as let agreed, a 1.4 percentage point rise from the previous quarter, according to LegalforLandlords. However, this national figure is largely unchanged from Q3 2025. The City of London and West Sussex saw the highest demand at 43.5% of listings let agreed, with the City of London also experiencing the strongest quarterly increase of 13.5 percentage points. Conversely, Tyne & Wear recorded the lowest demand at 18.3%. Greater London saw a 3.9-point rise in demand during Q3. For landlords: The City of London experienced the highest rental demand in England and the strongest quarterly increase in Q3 2026.
AI A new private rented sector database, set to launch in December as part of the Government's Renters' Rights Act, has been criticised by landlord organisations. The National Residential Landlords Association (NRLA) highlights that the database will cost landlords £65 per property annually, significantly more than a car MOT and almost seven times the initial government estimate. This charge, which the NRLA calculates will total at least £327 million per year across over five million properties, is for a service they claim offers limited benefits and largely duplicates information already provided to councils.
AI The prime London property market is showing signs of recovery after five years of high risk, according to Camilla Dell, Managing Partner at Black Brick. The UBS Global Real Estate Bubble Index 2026 now considers London safe from a property collapse. Knight Frank reported a 0.3% quarterly price growth in prime central London, the first in four years, and the smallest annual decline in 18 months at 2%. The upcoming Autumn Budget, with potential changes to Capital Gains Tax and Council Tax, is anticipated to be significant for the market's recovery. For landlords: The prime London property market is experiencing its first quarterly price growth in four years, with annual price declines at their smallest in 18 months.
Green Party leader Zack Polanski has proposed a three-year rent cap to protect tenants from 'runaway rents.' The post Green Party backs rent controls to stop landlord price hikes appeared first on The Negotiator .
Swansea estate agency, Dawsons, launches October fundraising campaign with a three-branch cycling challenge on Restart a Heart Day.
Propertymark's Tim Thomas says the Government needs to ditch any local discretionary schemes once the landlord register is in place.
AI To secure a sale by Christmas, properties should be listed by October 16th, according to HomeOwners Alliance research using Best Estate Agent Finder data. The average time for a property to go under offer is 68 days, 10 days slower than last year. Regional variations exist, from 33 days in Northern Ireland to 85 days in the South West of England. In city centres, Glasgow properties sell fastest at 25 days, while London properties take 76 days. This timeframe refers to an agreed sale, not completion, which would likely occur in early 2027.
AI Rightmove has collaborated with industry commentator Silvia Eldawi to launch a new podcast series for estate agents, "Golden Nuggets: Movers & Shakers," which premiered on 5th October 2026. The series features 10 agency leaders across 40 episodes, covering topics from winning instructions to technology. Guests represent various UK regions, including London, the South West, Wales, Yorkshire, and the East of England, discussing industry challenges and opportunities. Rightmove will also share selected content on its consumer channels. For landlords: The podcast features insights from west London agent Ben Madden of Fine & Country.
AI Guildcrest Estates, an independent estate agency, has acquired Thanet-based Frederick & Co Property Services. The acquisition, completed on October 5, 2026, adds approximately 150 managed properties to Guildcrest's lettings portfolio, expanding its property management business and reach across Kent. Emma from Frederick & Co will join Guildcrest to maintain continuity for existing landlords and tenants. The deal is part of Guildcrest's broader expansion strategy, which also includes residential sales, new homes, and commercial property in East Kent.
AI A new estate agency, Orato Estates, launched in London on 5 October 2026, aiming to specialise in "design-led and distinctive homes." Founded by Andreas Abasaid, the agency will focus on a selective portfolio of architecturally unusual houses and apartments, and restored period properties, rather than a high-volume model. Orato Estates plans to work with private sellers, developers, architects, and interior designers, initially within London. This launch adds to the increasing number of specialist operators in the London agency market.
AI Kemi Badenoch, a Conservative leader, has indicated a willingness to reform inheritance tax, stating that taxing wealth passed to children is "morally wrong". This comes as HMRC collected a record £8.5bn in inheritance tax in 2025–26, up from £8.3bn the previous year, partly due to frozen thresholds. The standard rate is 40% on taxable estates above £325,000, with additional allowances for main residences passed to direct descendants. Badenoch, speaking ahead of the Conservative Party conference in Birmingham, suggested she is open to reducing or abolishing the tax, but stressed any cuts must be affordable. No specific policy or timetable has been announced.
AI Sir James Cleverly, a Conservative mayoral candidate, has proposed plans that he claims could reduce London house prices by £100,000. He argues that excessive taxes and bureaucracy add this amount to new-build properties, pricing young professionals out of the capital. Cleverly suggests removing these costs could lower flat prices from £350,000–£400,000 to £250,000–£300,000. This initiative aims to reverse the trend of Londoners moving to more affordable areas like Braintree and Milton Keynes, with 420,500 people leaving London for other parts of the UK in the year to mid-2025. The proposals, announced on 5 October 2026, are currently uncosted and lack specific details on which taxes would be removed or how savings would be passed to buyers. For landlords: The proposed policies could impact property values and the demographic of tenants in London if implemented, potentially affecting demand and rental prices.
AI A new government property registration scheme, launching in the West Midlands on 15 December, will impose an estimated £327m annual cost on landlords across England. The National Residential Landlords Association (NRLA) criticises the £65 per property yearly fee, which is nearly seven times the original government estimate, calling it a "rip-off" and a duplication of existing council licensing requirements. The scheme, part of the Renters’ Rights Act, requires all landlords to register by 14 November 2027, with a three-month window once it reaches their region, and will eventually include vacant properties. For landlords: The new property registration scheme will apply to all landlords across England, including those in London, requiring annual registration and potentially increasing operating costs.
AI Property consultancy JLL is proposing to close its UK planning division, putting at least 25 employees at risk of redundancy. This decision, announced on 5 October 2026, affects staff in five offices: London, Bristol, Manchester, Leeds, and Edinburgh. The move is part of a broader review of JLL's operations to align with strategic priorities and client needs, following previous job cuts in its UK property and asset management business in May 2025. The division is led by Raoul Veevers, who joined in 2022. For landlords: This development concerns a property consultancy's internal restructuring.
AI Rightmove has partnered with property commentator Silvia Eldawi to launch a new podcast series, "Golden Nuggets: Movers & Shakers," starting today, 5 October. The series will feature 40 episodes throughout October and November, with 10 estate and letting agency leaders from across the UK, including London, the South West, Wales, Yorkshire, and the East of England. Each 15-minute episode will cover topics like winning instructions, sales progression, technology, AI, and customer service, with Rightmove sharing content via its consumer channels. The podcast aims to provide practical insights from experienced industry professionals.
AI Billionaire property investor David Reuben, 88, has relocated from the UK to Monaco, as confirmed by a spokesperson on 5 October 2026. He shares an estimated £28bn fortune with his brother Simon, and they topped the 2026 Sunday Times Rich List with significant London property interests. This move follows the abolition of the UK’s non-domiciled tax regime in April 2025, which offered favourable tax treatment on overseas income. Monaco generally has no personal income, capital gains, or inheritance tax. Reuben's departure is part of a trend of wealthy individuals leaving the UK amid tax regime changes, with one in six individuals from the 2024 Sunday Times Rich List no longer appearing in 2026. For landlords: The departure of wealthy residents could affect demand in London’s prime property market.
AI A Glasgow landlord, Anna McMullan, has lost her HMO licence for a flat on Sauchiehall Street after Glasgow City Council's licensing committee rejected her renewal application. This followed inspections by the council's HMO team and Scottish Fire and Rescue Service in February and September, which identified multiple fire safety issues, including faulty fire doors, obstructed escape routes, and a lack of fire safety information for tenants. The letting agent informed the committee that the landlord had previously rejected quotes for remedial work. Despite new tenants moving in in August, many deficiencies remained unresolved, leading to the licence refusal.
AI The average number of investment properties owned by landlords in England and Wales has risen to 18, a 50% increase from 12 properties in Q3 2025, according to Fleet Mortgages' latest Buy-to-Let Rental Barometer. Landlords with 15 or more buy-to-let properties made up 30% of applications in Q3, up from 23% a year ago, while those with four or more properties accounted for 66%. Applications from landlords with one to three properties decreased to 24%, though first-time landlord applications slightly increased to 10%. Average annual rental yields across England and Wales also rose to 7.9% in Q3, a 0.4% year-on-year increase.
AI A landlord and his company received a suspended jail term and substantial fines for fire safety failures at two residential properties in Lancashire. Jamie Carter was sentenced to 12 months' imprisonment, suspended for 12 months, and fined £8,652. His company, JC Land Investments Limited, was fined £200,000. They were also ordered to pay £37,293 in costs and victim surcharges totalling £346. The convictions at Preston Crown Court in August 2025 followed guilty pleas to multiple breaches of the Regulatory Reform (Fire Safety) Order 2005, identified by Lancashire Fire and Rescue Service at Victoria Hall in Bacup and Belgrave Chapel in Darwen, after inspections in October 2021 revealed issues like obstructed escape routes and inadequate fire detection.
AI The National Residential Landlords Association (NRLA) has criticised the upcoming 'Register your rental property' database, set to launch across England in December. The NRLA estimates the database will cost landlords a minimum of £327 million annually, significantly higher than the original government projection. Landlords will now pay £65 per property per year, instead of the previously estimated £28.58 for a three-year registration. The NRLA highlights that much of the required information duplicates existing council licensing schemes and that manual uploading of safety certificates will increase administrative burdens. For landlords: The new database will introduce an annual £65 per property registration fee across England from December.
The address is the former home of Sir Paul’s childhood friend Ian James
AI The average five-year fixed homeowner mortgage rate in the UK has reached 6% for the first time in three years, according to Moneyfacts. On Monday morning, the typical rate was 6.00%, an increase from 5.98% on Friday. This marks the highest average five-year rate since September 27, 2023, when it stood at 6.03%. The average two-year fixed-rate homeowner mortgage was just under 6% on Monday morning. For landlords: Mortgage costs for properties with five-year fixed-rate homeowner mortgages have increased.
AI HM Revenue and Customs has issued a reminder to landlords regarding Making Tax Digital for Income Tax (MTD). Landlords with a turnover exceeding £30,000 must use MTD from April 6, 2027, with the threshold decreasing to £20,000 from April 2028. This change will affect approximately 1,077,000 additional sole traders and landlords, requiring them to maintain digital records and submit quarterly income and expense updates using compatible software. HMRC advises early preparation to ensure correct details and allow time to select suitable software. For landlords: Landlords with a gross income from property and self-employment over £30,000 will be required to use Making Tax Digital for Income Tax from April 6, 2027.
AI Generation Rent's CEO, Holly Williamson, has supported Green Party leader Zack Polanski's proposal for rent controls. Polanski advocates limiting private rent increases to the lowest of CPI inflation, wage growth, or 2% for three years, aiming to provide "breathing space" for renters and encourage a permanent "Fair Rents Guarantee." He made these remarks at his party conference. Polanski is a candidate in the Holborn and St Pancras by-election, a London constituency where 32% of households rent privately. For landlords: A prominent activist group has publicly backed a specific rent control policy proposed by a political leader.
AI Specialist buy-to-let lender Rely assisted a first-time landlord in purchasing a property valued at £865,000, located near London Bridge. The landlord required a £160,000 loan at 20% LTV on a two-year fixed rate, with the property projected to yield £2,000 monthly rent. Other lenders had declined the application due to concerns about saleability. Rely used a desktop valuation to expedite the process, demonstrating an individual assessment approach. For landlords: This highlights a lender's willingness to finance properties in central London locations that other lenders might deem problematic.
AI Hackney Council, led by the Green Party mayor Zoe Garbutt, has initiated a "zero tolerance" crackdown on landlords in the borough from this month. The council is increasing inspections and pursuing maximum fines and penalties for private landlords providing substandard or unsafe housing, citing a focus on fire safety. This enforcement drive includes a new team of over 50 officers and has already resulted in one landlord being fined £30,000 for fire safety failures. The council is also leveraging the Renters Rights Act and its new landlord licensing scheme to penalise non-compliant landlords. For landlords: This indicates a heightened regulatory and enforcement environment for private landlords operating in Hackney.
AI Deposit alternative provider Zero Deposit has partnered with shared-living platform COHO. This collaboration allows COHO tenants to access Zero Deposit products during their tenancy application. The partnership aims to offer COHO landlords regulated protection and greater choice for prospective tenants. COHO's platform, which supports 150,000 tenancies, already provides tools for tenant onboarding, referencing, and rent management, specifically for shared-living properties. This integration seeks to streamline applications and reduce delays. For landlords: This partnership provides an additional option for deposit management within the shared-living sector.
AI New changes to the UK's Right to Work framework, effective this month, extend civil penalty liability for illegal working along chains of contracts. A property booking platform, Klerky, suggests this could impact letting agents who use contractors for property inspections or maintenance, particularly if arrangements are informal. Under the Border Security, Asylum and Immigration Act 2025, businesses subcontracting work or operating platforms matching service providers can be held liable for right to work breaches, even without a direct employment relationship. Civil penalties are capped at £45,000 for a first breach and £60,000 for subsequent breaches per illegal worker. Home Office data for 2025 shows 2,438 penalties issued, totalling over £130m. For landlords: This may affect the processes and due diligence undertaken by letting agents when engaging contractors for property services.
AI New regulations concerning damp and mould, tenancy succession, and wrongful termination came into effect in Scotland today. Private landlords in Scotland must now ensure a competent person investigates damp and mould reports within 10 working days, providing a written summary to the tenant within three working days of completion. Remedial work for substantial issues must start within five working days. Additionally, the qualifying period for tenancy succession after a tenant's death will reduce from 12 to six months for tenancies where the tenant dies on or after 6 October 2026. The potential financial penalty for wrongful termination of a Private Residential Tenancy will also increase significantly for tenants leaving on or after 6 October 2026.
AI Average annual rental yields across England and Wales rose to 7.9% in Q3 2026, up from 7.5% in Q3 2025, according to Fleet Mortgages' latest Buy-to-Let Rental Barometer. Most regions saw positive yield trends, with Yorkshire & Humberside reaching 9.3%. Greater London recorded the lowest yield at 6.4% but maintained the highest average monthly rent at £2,597, an increase of nearly 10% since Q2. The report also indicated a growth in professional landlords, with the average number of investment properties owned by Fleet borrowers increasing from 12 in Q3 2025 to 18 in Q3 2026. For landlords: Greater London's average rental yield was 6.4%, while its average monthly rent was £2,597, up nearly 10% since Q2.
AI A landlord in Glasgow has been refused a House in Multiple Occupation (HMO) licence renewal for a city centre flat due to serious fire safety concerns. Glasgow council's licensing committee rejected the application after inspections by council officers and the Scottish Fire and Rescue Service found multiple issues, including faulty fire doors, obstructed escape routes, and a lack of fire safety information for tenants. The landlord's letting agency stated that earlier quotes for remedial work had been rejected, although contractors later addressed deficiencies before new tenants moved in in August. The fire service still declined to approve the licence.
AI Knight Frank's Q3 2026 Market Update reveals a significant shift in UK Build to Rent investment, with Single Family Housing (SFH) becoming the dominant sector. Total investment in UK Build to Rent reached £1.6 billion in Q3, contributing to a year-to-date total of £4.2 billion. SFH attracted 67% of Q3 investment, exceeding £1 billion across 11 deals. Operational investment accounted for £600 million in Q3, representing 38% of the total, boosted by two large portfolio deals worth £500 million. This indicates strong investor confidence, particularly in SFH, and a focus on assets offering immediate scale and income.
AI Investment in UK Build to Rent (BTR) reached £4.2bn year-to-date, with £1.6bn invested in Q3 2026, according to Knight Frank. Single-family housing accounted for 67% of Q3 investment, with over £1bn committed across 11 deals. Operational BTR assets attracted £600m in Q3, making up 38% of the total, with two large portfolio transactions contributing £500m. Operational transactions now represent 61% of all BTR investment this year, as investors favour assets providing immediate rental income and scale. A notable Q3 deal saw Border to Coast Pension Partnership acquire a £400m portfolio from Blackstone.
