Chestertons get acquisitive, cash buyers dry up, rent deposits crisis




Chestertons launches aggressive assault on London lettings market

213-year-old company says it is investing heavily in lettings tech and also preparing to splash the cash and buy up competitors.

Click here to read Chestertons launches aggressive assault on London lettings market.



Cash crisis! Nationwide calls for radical reform of rent deposits

UK's best-known building society says reform is needed to secure long-term health of the private rented sector.

Click here to read Cash crisis! Nationwide calls for radical reform of rent deposits.



Number of cash buyers hits ten-year low as more investors exit market

The number and value of cash purchases of property within the UK has reduced significantly over the past decade, says Hamptons International.

Click here to read Number of cash buyers hits ten-year low as more investors exit market.



It’s gloat and gloom as industry debates ‘Brexit effect’ on housing

Separate reports from Haart and investment firm LCP published today paint dramatically different pictures of the UK housing market two years on from EU Referendum.

Click here to read It’s gloat and gloom as industry debates ‘Brexit effect’ on housing.



Assured rent payments


"Investors in Asia took advantage of an opportunity to receive assured rent for student accommodation, whether or not the rent had been paid. However, the agency failed to meet their commitments", says Katrine Sporle, The Property Ombudsman

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