Your round-up of the week's top news

24% of landlords planning to reduce their porfolios, claims Rightmove

Portal says tenant fees ban and tax relief reductions are to blame for landlord jitters, which has pushed up rent increases to four-year high.

Click here to read 24% of landlords planning to reduce their porfolios, claims Rightmove.

Two more estate agencies embrace ‘hub’ approach to expand

Estate agencies based in Sussex and Surrey are expanding but not by opening new branches to cover geographical areas.

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Woodford fund sells of huge chunk off Purplebricks shares ahead of closure

Doomed equity fund has said it will close permanently in January after all its asset including its Purplebricks shares, are sold off to pay investors back.

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Celebrity Tulisa Contostavlos to pay landlord £70,000 for ‘trashing his property’

Inventory report supports landlord's claim against Former X Factor judge, N-Dubz star and global celebrity.

Click here to read Celebrity Tulisa Contostavlos to pay landlord £70,000 for ‘trashing his property’.

Kevin McCloud’s grand building plans leave investors facing huge losses

Two companies that form a key part of the building firm founded by the TV presenter in 2007 have been put into liquidation by their backers.

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Online lettings agency pioneer Upad shuts up shop

The ten-year-old business that pioneered the online-only lettings business model has thrown in the towel and is no longer accepting new business from landlords.

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Lord Finkelstein to chair UK’s top agency conference

Lord Danny Finkelstein OBE will be keynote speaker and chairman for debates at the agency networking event of 2019. Bookings for delegates are being taken now.

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