BREAKING PROPERTY NEWS – 13/12/2022

Daily bite-sized proptech and property news in partnership with Proptech-X.   Rental unaffordability for single earners hits highest level for over a decade – underlining the need for new investment into rental sector The average rent for new lets has increased by £117 per month since last year, reaching £1,078 per calendar month. Rental growth…

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BREAKING PROPERTY NEWS – 12/12/2022

Daily bite-sized proptech and property news in partnership with Proptech-X.   Marlette Holdings Acquires Flexible Rent Platform Till, Expanding the Best Egg Suite of Financial Products PRESS RELEASE: Marlette Holdings, Inc., a leading financial technology company that operates the Best Egg platform, today announced the acquisition of Till, Inc., a leading flexible rent platform. Till will…

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BREAKING PROPERTY NEWS – 09/12/2022

Daily bite-sized proptech and property news in partnership with Proptech-X.   Second Century Ventures Opens Applications for 2023 REACH U.S. Programs, Appoints New Executive Director PRESS RELEASE: Second Century Ventures, the strategic investment arm of the National Association of Realtors®, opened applications today for the 2023 U.S. REACH and REACH Commercial technology growth programs. SCV,…

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BREAKING PROPERTY NEWS – 08/12/2022

Daily bite-sized proptech and property news in partnership with Proptech-X.   Inventory Base joins MRI Software’s Partner Connect program The partnership with MRI Software will enable operational change and improve efficiency in the property industry Inventory Base, a leading, multi-award-winning inventory and property reporting app for inventory providers, agents and property professionals, has partnered with…

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BREAKING PROPERTY NEWS – 06/12/2022

Daily bite-sized proptech and property news in partnership with Proptech-X.   Generation Rent: 29 homes lost per day to the holiday homes sector PRESS RELEASE: England’s housing supply lost nearly 11,000 properties to the second home and holiday let sector between 2021 and 2022, according to analysis of local tax data by Generation Rent. This continues…

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BREAKING PROPERTY NEWS – 05/12/2022

Daily bite-sized proptech and property news in partnership with Proptech-X.   Cost-of-living crisis threatens to force more private renters into dangerous ‘Sex for Rent’ arrangements Around 200,000 female private renters could be offered discounted rent in exchange for sexual acts at some point in their lives, a recent survey conducted by Generation Rent and Mumsnet…

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WEEKLY NEWS ROUNDUP – 02/12/2022

A roundup of the week’s top property and proptech news stories in partnership with Proptech-X   Changes to capital gains causing landlord exodus PRESS RELEASE: The reduction in Capital Gains Allowance is an “unwelcome blow” and has seen the number of landlords looking to sell up hit a 13-year high. Jeremy Hunt announced that the amount…

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BREAKING PROPERTY NEWS – 02/12/2022

Daily bite-sized proptech and property news in partnership with Proptech-X.   Stellar Raises $20M in Series B Funding, Propelling its Position as a Leading Proptech Stellar, a venture-backed technology-driven marketplace which solves maintenance at scale for the Single-Family Rental (SFR) market, announced today $20M in Series B growth equity financing. The funding round was led…

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BREAKING PROPERTY NEWS – 01/12/2022

Daily bite-sized proptech and property news in partnership with Proptech-X.   Are Landlords Ready for the Renting Homes (Wales) Act? Changes effective from 1s December Private and social sector landlords required to comply with new procedures com reports increase in landlords seeking support Online lettings platform lettingaproperty has reported an increase in landlords in Wales seeking support to…

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BREAKING PROPERTY NEWS – 30/11/2022

Daily bite-sized proptech and property news in partnership with Proptech-X.   Decision to not offer households a discount on bills a “missed opportunity” “It’s a pity that the opportunity for householders to make savings has been abandoned. It would have sent a positive message.” PRESS RELEASE: The decision not to offer households a discount on…

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WEEKLY NEWS ROUNDUP – 25/11/2022

A roundup of the week’s top property and proptech news stories in partnership with Proptech-X   NAPB: “Nothing announced today will help first-time buyers get a foot on the ladder.” Commenting on today’s Autumn statement, Jonathan Rolande, spokesman for the National Association of Property Buyers, said today: “There was a disappointing lack of focus on the…

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BREAKING PROPERTY NEWS – 23/11/2022

Daily bite-sized proptech and property news in partnership with Proptech-X.   43% of property professionals ignore rising threat of money laundering fines Over a third (36%) haven’t reviewed the sanction list in the last month Training staff on the latest regulations identified as weakest part of anti-money laundering process PRESS RELEASE: Almost half (43%) of…

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BREAKING PROPERTY NEWS – 22/11/2022

Daily bite-sized proptech and property news in partnership with Proptech-X.   Canopy launches renter credit score subscription service PRESS RELEASE: Canopy has launched CanopyGrow, a subscription service designed specifically to help renters grow their credit score. 71% of renters in the UK are building towards homeownership with 25% of aspiring homeowners having been rejected for a…

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BREAKING PROPERTY NEWS – 21/11/2022

Daily bite-sized proptech and property news in partnership with Proptech-X.   NAPB: “Nothing announced today will help first-time buyers get a foot on the ladder.” Commenting on today’s Autumn statement, Jonathan Rolande, spokesman for the National Association of Property Buyers, said today: “There was a disappointing lack of focus on the housing market in the statement…

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