Prop247 aims to manage up to 25,000 properties within five years, after reaching break-even at around 650–700 homes.

Franchisees can access lending of up to £1.25m under the new facility.

16% of agents do not expect to be ready by the 1 May deadline.

42% of landlords have indicated that they plan to rely on their letting agent for compliance support.

Kate Ashley Ives, franchise director at LSL Estate Agency Franchising, outlines the key steps and considerations for lettings business owners preparing to sell, from organising data...

28% of large letting agencies with 11+ staff are failing to perform mandatory PEPs and sanctions checks, according to research from Goodlord.

Service satisfaction is 81% among tenants renting from individual landlords, versus 68% for letting agents.

Just 4% of sole operator letting agents feel ‘very prepared’ for the Renters’ Rights Bill.

The Property Ombudsman carried out more than 2,000 compliance audits last year.

Nearly 1 in 3 letting agents have seen tenants exit long-term contracts early.