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Lettingweb News is a free daily newsletter that summarises the top three stories from the letting and property industry each day.

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Scotland set for build-to-rent boom

According to a report by agent Rettie & Co., Scotland’s build-to-rent sector (BTR) could be set to benefit from a flood of investment, fuelled by rental growth in Scottish cities and the diminishing likelihood of a second independence…
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Queen to rent out Holyrood Palace

The Queen joins the growing numbers of people renting out their spare rooms for extra cash, according to reports. If planning permission is granted, The Abbey Strand buildings at Holyrood Palace will be turned into short-term lets. Palace officials…
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Mydeposits questions 'no-deposit' alternatives

In a 14-page report, the head of the parent firm of mydeposits, Eddie Hooker, warns tenants and landlords tempted to enter into new ‘no-deposit’ schemes to do so 'with their eyes wide open.' He questions whether claims and premiums can…

Purplebricks doubles revenues

Purplebricks announces UK revenues of £43.2m for the year to the end of April, over double the previous year,  and an operating profit of £200,000. Average income per instruction in the UK is £1,035, and the company claims it sold and completed…

Sell It Yourself online brand growing

Sell it Yourself is an online system that lets property vendors sell their own properties for a flat fee of £895 plus VAT payable on completion. It is a part of Premier Lets and Sales, which has offices in Seaford and Peacehaven, East Sussex. The…